Get Satoshi’s coins in possession of a group of trusted community members (with an hard fork).
Multi signature required for actions from this pool of valuable internet money.
As per todays economical data this group would have access to more than 1 Billion USD in BTC.
If you can take anyone's coins for any reason, the point of bitcoin will have been lost. I, for one, wouldn't use this alt-coin. |
|
|
|
|
The average will will be quite different than the median and mode.
|
|
|
|
We know that "anonymity" is one of the main characteristic of Bitcoin and many people love to use Bitcoin because of this feature but is this causing problems worldwide?
The recent Wannacry Ransomware attack is the biggest Ransomware attack in the history and the hacker/attacker has asked to pay in "Bitcoins" because it can't be traced . What can be done in this type of situations?
A group or individual has also threatened a big company in our country to pay him certain ( big) amount of money in BTC otherwise their employees would face many problems . Payments from other methods ( which hackers or attackers used before ) was traceable but what about Bitcoins ? What can be done ?
That is like asking if computers, Windows bugs, NSA leaks, cash, the internet, air or water is causing a problem globally. After all crooks use them too and without any one of them the Wannacry scheme would fail. They are all neutral tools that can be used for good or bad.. One thing that can be done is to write software that is more secure, don't write software with government backdoors, and use traditional law enforcement techniques to trace bitcoin if needed. |
|
|
|
|
Same stuff I've been reading since 2010. Yawn.
|
|
|
|
...
The best way to prevent such attack is to UPDATE ANTIVIRUS PROGRAMMES FREQUENTLY.
Avoiding Windows too, particularly XP. |
|
|
|
Presuming you are talking about blockchain.info here, and if so you would have to ask them why their software is inaccurate. Your best course of action is to use a different wallet since they have trouble all the time. Hi all, I know, here is the many and many similar topics, but I want to know one thing! Today I sent this transaction -> https://blockchain.info/tx/e3777609f19f4bb6e7dda89a9c1951010bf24a06f6918807afbc1fb963eb9d28Total Input - 0.00165629 BTC Total Output - 0.00064892 BTC Fees - 0.00100737 BTC Fee per byte 108.436 sat/B So... This fee was automatically set by Blockchain (0.00100737 BTC) and before sending, it showed me, that this transaction will be approved within 2 blocks (approx 20 min.). How is it possible that the Blockchain so lying? Now, I'm waiting more than 4 hours! I believed that this fee would ensure trouble-free transaction. So what is the fact? Thank you all.... |
|
|
|
So what opcodes are on the plate? Any new ones being proposed yet?
If you look at this page: https://bitcoincore.org/en/2016/06/24/segwit-next-steps/Right after this "Some ideas for future upgrades using this mechanism are described below:" you will see some uses. (Just above that in the "Future upgrades made easier by segwit" section it describes some improvements to opcodes included with SegWit.) |
|
|
|
|
Slashdot, July 2010, then again on slashdot a month or two later.
|
|
|
|
|
Shocker. The central bankers who want to control you and tax you through inflating away the value of your fiat currency don't like bitcoin.
Kind of like ants don't like pest control companies.
What "issues" bitcoin is math and software. Fool.
|
|
|
|
I am about to buy a fancy laptop primarily for the purpose of doing all my cryptocurrency stuff (but not mining).
Can anybody help me decide between Windows and Linux? My main question is do wallets/nodes tend to be developed on Linux first or Windows first? I want to know which platform Bitcoin clients, but also other cryptocurrency clients/wallets in general tend to get developed on first.
I am not an expert with command line (although I can use Linux in a basic way), so I refer mainly to GUI type wallets. I am interested in software for Bitcoin, Ethereum, Monero, Factom, Synereo, Dash, Maidsafe, Storj, NEM, Sia and Lisk. So Windows or Linux for these?
Much will also depend on the sums involved and your risk tolerance. If you are only going to have a few hundred or few thousand euros or dollars on there, it will be different than if you will have more. For larger sums, Linux is the clear winner due to security. Likewise, will this be a "connect to the internet once to get the software then never do it again since you have hundreds of thousands of euros or dollars on it" or "always connected" computer? |
|
|
|
|
Success breeds success and confidence - people using it for diversification etc. Not to mention more use cases, particularly if segwit is ever activated.
|
|
|
|
I have been saying it to basically everyone around me that Bitcoin will be one of the better investment options, but still people didn't want to take me serious. If you realize that at the moment the big boys (mostly institutions) will enter the market, even current prices will look like a joke. Main advantage is that all their money in Bitcoin is basically safe from any kind of threat coming from banks and governments. It's called pure freedom. I am sure they highly value this feature.
I met with a RIA (registered investment advisor) a month or so ago. After talking, I mentioned bitcoin. I got a "who talked you into buying that?" She was actually open to discussing it after I explained, I mined it quite a while ago. |
|
|
|
Check your address in the block explorer (blockchain, blocktrail etc.) if the transaction is there if not the bitcoin is still on the receiver's address . If its confirmed there . Uninstall your armory and install it again after that import them again since you said you backed them up . Because if its already confirmed the problem lies on the walet, maybe its not synced . Did you install the compatible version for your pc?
I did just every time I try to run the program I get a data base error. Thats why I wanna try installing ubuntu tonight and running it on ubuntu. I tried armory on several computers all had the DB erorr. And my bitcoin core is synced. Does the armory provide private for your BTC address? Because if that is available, Maybe you should try to import your private on other BTC wallet like blockchain. I'm not very familiar with armory app. But I think it is almost the same on bitaddress.org which generates wallets. grim007 , if you are talking about blockchain.info (wasn't clear), OP, don't do it. Blockchain.info seems to have a ton of problems and is not recommended by many. |
|
|
|
|
By the same 'logic" computers and the internet are fueling ransomware growth. Pre computers and pre internet there was no ransomware
|
|
|
|
|
This seems completely non-technical uninformed rabble rousing and should probably be moved somewhere besides Dev & Tech.
Edit: they moved it.
|
|
|
|
What account on what wallet? What web site or program are you referring to? I did not write down my private key.
The problem was that a transaction came through and it said that it was confirmed at first but later it turned to unconfirmed. So I repaired the wallet and left the money it. It was a problem I had a lot.
If someone did somehow get my password what else would they need in order to access my account?
|
|
|
|
For me, the rebuttal of these "doomsday patent claims" (and other "we will be all dead" claims) is:
If Blockstream had a patent on Segwit and would use it aggressively, then people that are concerned about that simply could switch to a coin that has no patent protection. Blockstream's coin then would be debilitated.
That's also why I consider altcoins not only a backup for a "blockchain failure", but also for a "ecosystem failure", e.g. if the developers go into a direction that is contrary to the original conception of Bitcoin & cryptocurrencies (private, trustless, uncensorable ...).
Additionally, there are many countries were software patents cannot be enforced.
Following up on that, either people would (a) stop using SegWit or (b) implement something similar but unencumbered by a patent. There are always options and panic about their patents when they have been clear about their intentions and I believe executed legal documents stating the license terms does little to clarify things. (I recall reading that during the discussions about the asicboost patent on one of the linuxfoundation lists iirc.) |
|
|
|
In 2013, when some of his friends earned a lot from Bitcoin, Zhao thought maybe he should give it a try. He began to learn everything about Bitcoin and its underling technologies. At first, Zhao bought a mining machine with 40,000 CNY and mined 40 Bitcoins, which was really a bad bargain. Because at that time, the price of one Bitcoin was about 50 cents Many things about this seem fishy - or the author is quite confused. E.g. Bitcoin was not "about 50 cents" in 2013. It hit dollar parity in Feb 2011. |
|
|
|
|
Show Posts
