Bitcoin Forum
January 28, 2023, 11:28:02 AM *
News: Latest Bitcoin Core release: 24.0.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 [23] 24 25 26 27 »
441  Bitcoin / Bitcoin Discussion / Re: With "Balance sheets" most of the block chain can be forgotten. on: July 22, 2010, 01:28:20 PM
eureka: No, the balance sheet is very lightweight and only stores balance, not actual coin ownership.  Though, that would be one way to solve that, is to store all 21,000,000 coins (identified by the hash of the block they were generated in) under the address they're "owned" by.  It'd be bigger than the chain is now, but it'd still be significantly smaller than the entirety of the block chain.
442  Economy / Marketplace / Re: Looking for a web host for new bitcoin project. on: July 22, 2010, 01:25:05 PM
We're located in Florida, currently at a residential address with a business class data connection and 2 dedicated hosts that are always on.  Once our customer base is large enough to warrant it, we'll invest in a T-1 line or better.

All we require is a single written/signed letter that says you're not planning on doing anything illegal, and we're not responsible for anything you do or host.  Doesn't even have to be written by you, just someone who's willing to take responsibility if you DO do something illegal (host childporn or something crazy like that).

Also, we'll provide proxy domain names, or you can register domain names with us (we'll just go to another service, but we'll get it under our own name to maintain your anonymity).

One thing I mentioned to noagendamarket in a PM was that we're working towards being a Green hosting company.  We're keeping our carbon footprint as low as possible.  Once we have an established user-base (and thus can afford to run a promotion like this), one thing we've considered doing is measuring our carbon footprint regularly, and giving all our users a discounted price proportional to our carbon footprint.  This will incentivize US to keep our impact on the environment as minimal as possible. =)
443  Economy / Marketplace / Re: Testing the waters on: July 22, 2010, 01:19:13 PM
I would do the drawing as follows:
  • Go to random.org and generate the random number(s) between 0 and n based on a "persistent identifier". A good identifier to use would be a newly generated bitcoin address that has not been used yet.
  • Post the SHA-256 hash of the identifier on the forum to commit to the number(s)
  • Publish the guesses. This way, people can see if all guesses have been exhausted. This prevents me from claiming no-one won.
  • Announce the winner and publish the identifier used to generate the number(s), so everyone can verify the winning number(s).

This is a very good solution.  I was looking around on random.org, but I hadn't thought it all the way through.  Would you be interested in buying into a lottery like this?  It's interesting, because it doesn't reward buying a bunch of guesses at once (each one gives diminishing returns, because you're putting more money into the pot) and the longer it goes on (maybe capped to a week, and whoever's closest after a week wins) the more profitable it would be, because there'd be less choices, thus more chances for winning.  It's almost like a Bingo lottery. =P
444  Bitcoin / Development & Technical Discussion / Re: Bitcoin x64 for Windows on: July 22, 2010, 01:16:10 PM
Wow, that tweaked one... I'm getting stunning rates.  I have a quad core Intel laptop.

I have two different number sets, 1 while operating as usual, with other programs running, and one while everything but bitcoin (including explorer.exe) is shut down.
Stock:         x64 v1          x64 v2           x64 v2 Tweaked       
Standard Usage:500-12001000-1800750-15002200-2700
Optimized Usage:1500-18002000-25001500-20002700-3400

O_O
445  Bitcoin / Bitcoin Discussion / Re: With "Balance sheets" most of the block chain can be forgotten. on: July 22, 2010, 01:04:59 PM
gavin: The balance sheets are meant for more lightweight things.  If you run in "balance sheet only" mode, it allows you to get a quick glance at it, and operate with people you trust.  You trade at your own risk while in this mode.  If you're distrustful, make sure you're checking the whole block chain.  The balance sheets AUGMENT, not REPLACE the core functionality.
446  Bitcoin / Development & Technical Discussion / Re: Working Android App on: July 22, 2010, 12:37:27 PM
I was thinking of writing a REAL android client, not just an interface.  One that's actually crunching hashes for you. Cheesy

That gets me thinking... the client should be written so that it can "offload" some of the hash work.  Meaning, accepting possible solutions over the RPC.  So, every time it gets another transaction or starts a new block, it broadcasts it to anyone listening, then whoever's listening can crunch numbers and submit possible solutions.  The only difference being that when the "person listening" is crunching numbers, it's doing so under the original server's identity, so the original server receives the coin, instead of some new client.  This would make running it as a cluster a bit easier, as well as things like "let your phone crunch hashes too!" etc.
447  Bitcoin / Bitcoin Discussion / Re: With "Balance sheets" most of the block chain can be forgotten. on: July 22, 2010, 12:29:54 PM
I like this idea, though I can't figure out how to work it in without making it a breaking change...

If the balance sheet referenced the block, instead of the block referencing the balance sheet, then you could probably implement this system without breaking existing nodes.

Newer nodes would send the balance sheet in a separate message from the block. it would only ask for the balance sheets from nodes of the appropriate system version.

But I could be talking out of my ass too. ;-)

Perhaps.  If it was a whole-nother "layer" on top of the existing algorithm, it'd definitely work.  And, you wouldn't have to worry as MUCH about the security of each balance sheet, because it's more of a shortcut anyway.  Anyone really worried can always fall back on the block chain.  Likewise, if someone every once in a while double checks the sheets vs the block chain, they can start "blacklisting" them, letting everyone know they're bad.  Or something.
448  Economy / Trading Discussion / Re: Legal Tender on: July 22, 2010, 02:13:11 AM
Yes, generating a block right now includes a "proxy transaction", which pulls bitcoins out of thin air.  In time, this will pull coins out of the other transactions instead to incentivize continued block generation.
449  Economy / Marketplace / Re: Testing the waters on: July 22, 2010, 01:59:32 AM
How would I do this though?  The whole idea is that instead of a bunch of people guessing, then the numbers picked, a bunch of people pick and the first one to guess the number wins.  Otherwise it becomes a regular lottery, and the point is to be a bit different, so as not to tread on the other lottery's feet. Smiley
450  Economy / Marketplace / Testing the waters on: July 22, 2010, 01:16:42 AM
I was considering starting something like a "real time lotto", but wanted to probe the community first.

How would everyone here feel about a lotto that works as following:

I, or some third party, would choose a random number and keep it a secret, and put several bitcoins into the pot to get things going.
People begin to guess numbers at 1btc each guess.  Each bitcoin goes into the pot.
This continues until someone guesses the number, at which point 3 things happen:
80% (or some other number, it's up to how people react) of the pot goes to the winner.
1% goes to me (very modest, I should say)
19% stays in the pot to get it started for the next one, and a random number is chosen again.

This could be automated, as a (potentially) very fast paced lottery.

So: 
What numbers should I use above, or are the values I've chosen reasonable?
Would you prefer the "already guessed" numbers be shown?  Hidden?  Shown after they've been guessed multiple times?
Any other ideas/suggestions?
451  Economy / Marketplace / Re: Pick 3 Lotto - Jackpot (196 BTC) - Evening Drawing 7/21/2010 *Winning No. 680* on: July 22, 2010, 12:12:41 AM
So you're starting a new lotto, with new tickets?  Or just continuing on until a number gets drawn, with people keeping their numbers?
452  Bitcoin / Bitcoin Discussion / Re: blkindex.dat on: July 21, 2010, 11:48:51 PM
But it'd still continue to grow after the 21 million coins.
453  Economy / Marketplace / Re: Looking for a web host for new bitcoin project. on: July 21, 2010, 11:47:28 PM
Depending on CPU usage and such, between 5 and 15 dollars a month.
454  Economy / Marketplace / Re: Looking for a web host for new bitcoin project. on: July 21, 2010, 11:39:27 PM
Hehe, I already offered my hosting. =)  (We've only got one customer so far, and they're pleased with there service, so no official business license until we can get a stronger customer base).
455  Economy / Marketplace / Re: Pick 3 Lotto - Jackpot (196 BTC) - Evening Drawing 7/21/2010 *Winning No. 680* on: July 21, 2010, 11:35:12 PM
I don't see 680 on that list, does that mean the lotto will continue into next week?
456  Economy / Marketplace / Re: Two 4 Gb flash drives for sale on: July 21, 2010, 10:46:02 PM
I've got 140 bitcoins... Can you hold one until I generate another block or two? (or win a lottery tonight!)
457  Economy / Economics / Re: Current Bitcoin economic model is unsustainable on: July 21, 2010, 10:44:56 PM
Well, a single person can have multiple addresses, so you don't neccesarily know if two transactions go to the same person, as different addresses could be either the same person or different people.
458  Bitcoin / Bitcoin Discussion / Re: blkindex.dat on: July 21, 2010, 10:42:17 PM
knightmb: Blocks continue to get generated even after all the coins have been "minted".  Also, each block varies in size based on how many transactions occur in that span of time, so yours would only be a rough estimate.
459  Bitcoin / Bitcoin Discussion / Re: With "Balance sheets" most of the block chain can be forgotten. on: July 21, 2010, 10:40:44 PM
I like this idea, though I can't figure out how to work it in without making it a breaking change... It could be incorporated pretty easily as a breaking change, but breaking changes are difficult in a distributed system... The "new" software would look like a vagrant and be pretty much inoperable (it would see everyone else as "hackers") until over half the people updated.  Until then, everyone else would see the newer software as a "hacker", and both groups would reject eachother's blocks, resulting in a bifurcation of the block chain.  Then, old->old transactions would be lost. to the "newer" split blockchain.
460  Economy / Marketplace / Re: The Worlds First Sudo-Anonymous Poker Tournament ? on: July 21, 2010, 08:56:05 PM
By the way, it's "pseudo" rather than "sudo".

sudo Change the title and I'll delete this post.

ByteCoin

Fix'd.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 [23] 24 25 26 27 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!