OK, say you want to make a transaction. You fill out four things in the PC client: the wallet to transfer from, the amount of BTC, the destination address and the password for the wallet.
You press OK, and the transaction is sent to the device via USB for signing. The Send-To address is changed by malware to another address before being sent to hardware wallet for signing. Hardware signs the transaction. You cannot get any security on compromised computer! It is only a question how sophisticated is the malware. I was going to say something about using a hashed protocol, however if malware is on the computer it doesn't matter. The idea here is golden, as it does not involve a computer. This is for receiving only if I understand correctly. |
|
|
|
Since GLBSE is in UK and doesn't deal with fiat currency, but they decided they would pay taxes. So technically they made themselves illegal but (sic) doing that, plus nefario was talking about how he wants to go legit and that would require lawyers and stuff like that. They basically shot themselves in the foot.
This is a theory that I've been mulling over for a while. Bitcoinica self-destructed after it moved to London as well. Derivative trading is completely unregulated in London. It is entirely possible that someone is quietly buying out key Bitcoin businesses, and basically paying for them to fail. Nothing prohibits it. I'm sure there are those with enough money, and enough interest in seeing Bitcoin harmed, to pay off all those involved. From the outside, all we see is "blah blah hacking terrorism money laundering investigation blah blah shutting down". While, behind the scenes, there is a lot that could be going on. So, I guess what I'm saying is, if you want to take a chance at getting rich, move to London and start a Bitcoin stock exchange. Can't you just host the exchange and maintain a business entity in London? You don't physically have to be there. |
|
|
|
Can we finally wake up and realize it's not safe to hold unregulated capital markets in centralized Web services operated by anonymous and quite possibly Nefarious individuals?
There are alternatives. The truth is out there.
If someone can figure out how to operate anonymous corporations that are nonetheless ethical and is held responsible, they will rake in the dough. Getting off topic, but I don't think it is possible at this point. If you are an anonymous entity, no one will trust you. If you are a known entity, you aren't anonymous. It's all about the hashes. Hashes prove you are who you say you are consistently, however an anonymous person is not necessarily accountable. In order to get my coin back, I have to contact my security issuers? What if I can't remember them all? Why do I feel this is a bad way of going forward. |
|
|
|
Can we finally wake up and realize it's not safe to hold unregulated capital markets in centralized Web services operated by anonymous and quite possibly Nefarious individuals?
There are alternatives. The truth is out there.
If someone can figure out how to operate anonymous corporations that are nonetheless ethical and is held responsible, they will rake in the dough. Getting off topic, but I don't think it is possible at this point. If you are an anonymous entity, no one will trust you. If you are a known entity, you aren't anonymous. |
|
|
|
All i have to say is lol. Just how many people are scammers on this board? It is amazing.
Nefario isn't a scammer until he got caught by the law operating a security exchange without the permission of authorities. The fact that the GLBSE is a cesspool of scam funds and questionable investment makes me...who give a fricking hoop? Nefario is a scammer for violating the bylaws of GLBSE on multiple occasions. |
|
|
|
Word are easy... balls...
Pretty much. I'm like nearly speechless. |
|
|
|
So if you want to remain anonymous, you go penniless?
Yes. It's a terrible betrayal. Can you believe that some of the shareholders think that this will be, "the cleanest shutdown in Bitcoin history"?  I do not approve. There has to be another way. |
|
|
|
It's better to stop focusing on mining. If Bitcoin is going to develop into the world's dominant currency, miners will need to stpo wasting energy to create the same amount of Bitcoins as before.
If no one mines, there is no bitcoin. The network exists because of the miners. |
|
|
|
|
Many pools are beginning to offer a higher difficulty share. Instead of giving all of the miners difficulty 1 shares, the pool assigns anywhere from 4 - 32 or even HIGHER difficulty. The only difference is the speed the share is completed and the amount of bandwidth used, as both 100 difficulty 1 shares is the same as 1 difficulty 100 share.
The speed the share is completed in will be negligible in terms of variance on large ASIC rigs.
|
|
|
|
2012-10-04 16:33:40: Listener for "Default": api2.bitcoin.cz:8332 04/10/2012 16:33:40, Unexpected error:
2012-10-04 16:33:43: Listener for "Default": api2.bitcoin.cz:8332 04/10/2012 16:33:43, Verification failed, check hardware!
2012-10-04 16:33:45: Listener for "Default": File "HttpTransport.pyo", line 45, in loop I know nothing about error codes, but would guess 8332 (bolded) is related to bitcoin connecting on port 8333. And that HttpTransport.pyo (bolded) implies a networking error of some type is crashing. Except that slush's pool does operate over 8332 |
|
|
|
|
This is very strange. Try running it without flags?
|
|
|
|
|
What driver version are you using? Does your card work properly otherwise? Try another miner program and pool.
|
|
|
|
It got nasty because Maria didn't back down, and acted like a prick without providing anything credible.
She also raised the minimum 'bet' when someone called her out. |
|
|
|
I'd like an asshole tag please.  I'll happily tag your asshole. a/s/l? 14/f/Cali u? 41/m/Cali Call Chris Hansen, I'm on my way! OK, I'm not really 41. I lied to seem creepier. I put on my robe and wizard hat. Darn, I just took mine off. With the debate on, I felt the tinfoil hat was a bit more fitting. |
|
|
|
|
What's wrong with the ignore button?
|
|
|
|
To release the inner artist in everyone.  I played it for a little bit on xbox but realized its just not my style yet i've heard PC version is alot better. It is better on the computer. The game runs a bit better. |
|
|
|
Sonny the CEO? Since when? Read up a little and stop repeating each others' bullshit.
Sonny is NOT the CEO, though he is a higher level executive in the company. |
|
|
|
...and it looks like BFL has committed to not test on mainnet: https://forums.butterflylabs.com/showthread.php/52-ASIC-Pre-Shipment-Testing-PolicyWe are often asked what our official policy is towards testing the ASIC equipment prior to shipping it to customers.
Our official policy is that we will burn in/test your equipment for a minimum of 24 hours on what is called "Testnet-in-a-box." This will allow us to verify that you equipment is working and able to sustain operations at normal operating conditions for a minimum of 24 hours.
Further down, there's something about testnet-in-a-box somehow not being fully up to the task of testing a TH/s-class device (bitcoind can't handle the throughput), but that they'd figure something out. Given that the 20 or so people who've ordered Mini Rigs could potentially have such a device banging away at their bitcoind instances when they arrive, what exactly does this mean for them? They contradicted themselves? |
|
|
|
Old news is old, because: All fiat currencies that can be printed in infinity eventually go to Zero, there is a long list of currencies in that graveyard.
|
|
|
|
|
Show Posts
