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4481  Bitcoin / Bitcoin Discussion / Re: BitDNS and Generalizing Bitcoin on: December 07, 2010, 05:08:43 AM

I RAGE.
4482  Bitcoin / Bitcoin Discussion / Re: BitDNS and Generalizing Bitcoin on: December 07, 2010, 04:30:24 AM
At any rate, do we have enough information that's agreed so that the core hackers can develop right now?
4483  Bitcoin / Bitcoin Discussion / Re: Voting For Domain Generation. on: December 07, 2010, 04:14:29 AM
Hmm. I guess I might not just have the auction then.
4484  Bitcoin / Bitcoin Discussion / Re: Voting For Domain Generation. on: December 07, 2010, 04:09:11 AM
Whats the general plan here? No reduction in names/block I assume? Won't this make the first blocks incredible valuable and later blocks less valuable as the goodness of remaining names declines? Maybe it should start really low (1?) and move up gradually to a stable amount (100?)?

That's interesting. I guess we adopt that.
4485  Bitcoin / Bitcoin Discussion / Voting For Domain Generation. on: December 07, 2010, 04:01:44 AM
I am going to do an auction for domain name generation rate.

Simply, put your bitcoin where your mouth is.

Those money raised will be going to the core developers of DomainChain.(Not me!)

Each blocks shall generate...

50 DCC. Bid: 0 BTC.

100 DCC. Bid: 0 BTC.

150 DCC. Bid: 0 BTC.

200 DCC. Bid: 0 BTC.

250 DCC. Bid: 0 BTC.

500 DCC. Bid: 0 BTC.

1000 DCC. Bid: 0 BTC.

I suppose the generation rate will gradually move toward the limit that people voted on(with their BTC).
4486  Bitcoin / Project Development / Re: Letter to the CCC on: December 07, 2010, 03:32:11 AM
Help...me...please!
4487  Bitcoin / Bitcoin Discussion / Re: BitDNS and Generalizing Bitcoin on: December 07, 2010, 03:19:51 AM
Actually I am concerned that transactions between BTC and DCC may not be simple. Because both currencies tend to be anonymous, it is hard to make the two transfers in a coordinated way. If Anne wants to sell Beth 1 DCC (allowing 1 domain to be created) for a certain number of Bitcoins, then Beth must send Anne the Bitcoins via the Bitcoin block chain, while Anne sends Beth the DCC on the DomainChain. If the two are anonymous to each other, it seems there must be a trusted third party like a reputable exchange. It seems hard to do peer to peer.


Doesn't seem hard to me. It's a normal trade to me.
4488  Bitcoin / Bitcoin Discussion / Re: BitDNS and Generalizing Bitcoin on: December 07, 2010, 02:43:43 AM
Wait, I am a bit confused. Alternative currency for DomainChain?

Oh, these represent addresses?
4489  Other / Off-topic / Re: DDoS attack against PayPal on: December 07, 2010, 01:32:42 AM
DDoS doesn't produce anything productive. It's a version of a mob.
4490  Bitcoin / Bitcoin Discussion / Re: Bitcoin Forum Record Broken on: December 07, 2010, 01:29:37 AM
We broke Most Online Today this December with 101, finally overcoming July's record of 98.
4491  Bitcoin / Project Development / Re: Operation Project Wonderful (225 BTC PAID) on: December 07, 2010, 01:11:42 AM
BTW, the liberty ads work well on...well LIBERTY related site.  Grin
4492  Other / Off-topic / Re: Happy Birthday Bitcoin Forum! on: December 07, 2010, 12:41:31 AM
The post-slashdot community is only 5 months old, but I think a lot had change over the past 5 months.
4493  Bitcoin / Bitcoin Discussion / Re: BitDNS and Generalizing Bitcoin on: December 07, 2010, 12:39:57 AM
If we create only 50 domains per block, 6 blocks per hour, that is 7200 domain names per day. At that rate it would take like 50 years to create 100 million domains. So it seems necessary to make names faster.

100 domains per block is 25 years.

150 domains per block is 18.5 years.

200 domains per block is 12.5 years.

Personally, I don't feel like I am a rush to do a lot of domain registration fast. 15 years is good enough for me. We don't need to register tons of domain within a few short years, since not everybody will be willing to switch from central to decentralized.

Also, the population of humanity ain't likely to grow forever... So we can expect that growth at some taper off at some point in the future.

However, this generation rate have the potential to spark a long debate..so we need a method that let us decide quickly somehow.
4494  Bitcoin / Bitcoin Discussion / Re: Weed4Bitcoin.com on: December 06, 2010, 10:33:03 PM
Satoshi had essentially gave his words that we're going to stay low, at least for the time being.

In my opinion, this is the wise decision. There is no need to risk battle for high risk gain when we will obtain that anyway.

Plus, you also have to remember to factor in monetary inflation and federal reserve's policy. When the government does collapse, it will be incredibly m00t. Time is on our side, as long as we grow.
4495  Bitcoin / Project Development / Re: Wikileaks contact info? on: December 06, 2010, 10:27:05 PM


What about fork of bitcoin specially for wikileaks.
Can we use source code and engine of bitcoin for making new 'wlcoin/wilicoin'?

The value of wilicoin will be certainly almost worthless compared to bitcoin.

If people start using wilicoin and the currency become more popular, there may be the danger of wilicoin displacing bitcoin.
4496  Bitcoin / Bitcoin Discussion / Re: BitDNS and Generalizing Bitcoin on: December 06, 2010, 10:12:12 PM
Good. Something everyone completely agrees on!

So the formula for creating problems and adjusting difficulty will be the same?(Forgive my ignorance)
4497  Other / Off-topic / Re: Libertarians/Anarchists Answer Me This on: December 06, 2010, 10:04:20 PM
The mobs might just be looking at him as a witchhunwfricklet.

Human judgement are fickle.

However, you could easily solve this problem by villagers owning the bridge outright.
4498  Economy / Marketplace / Re: Kiba's Art Thread on: December 06, 2010, 10:01:54 PM
hair looks very nice!

Thanks for downloading when nobody else did.
4499  Other / Off-topic / Re: Libertarians/Anarchists Answer Me This on: December 06, 2010, 08:51:22 PM
True, but don't we need reasonable contingencies for unreasonable behavior?

You have to think through your example.

Suppose that bridge have access to a single village and the bridge owner decides to institute an annoying rule to annoy travelers and village people. That village will die out. The bridge will fall into disrepair and the owner will be left with a bridge that doesn't make any money.

In other words, the bridge owner have some incentive to maintain links or else he have to find another job.

Of course, if he doesn't have a profit motive, that's another matter.

However, the same thing can happen to people who put their money into a scam, or willingly sell the bridge to an evil property owner who have preferences outside of human norms.

If you institute a regulatory authority of some kind or have some kind of mob rules, the rule of laws will disappear, and the uncertainty cost will increase. This lead to less capital formation that alleviate your bridge problem.
4500  Bitcoin / Bitcoin Discussion / Re: Bitpredict Update Thread on: December 06, 2010, 08:41:57 PM
I am please to announce that I am able to access bitpredict's VPS again thanks to aceat64.
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