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May 02, 2024, 05:43:42 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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1341  Bitcoin / Press / Re: [2019-05-06] Research: 60% of All Bitcoin Full-Nodes Are Still Vulnerable to Bug on: May 08, 2019, 09:29:25 AM
You can pull off an exploit once

no, you can't

this exploit was only possible until about a week after 0.16.3 was released, after which more than 50% of listening nodes were running patched up nodes.

If a miner tried to exploit this bug now, they would fork the blockchain, and they'd be on the inflation fork. That's the reason no-one's tried, nothing to do with reputation, it's about money.
1342  Other / Politics & Society / Re: Venezuela on: May 08, 2019, 09:15:44 AM
But why would America spend resources to this end, what is IN for them? I don't think much, yet.

oil


there are many countries with dictators right now, there always are. US concentrates on "bringing democracy" to specific countries for specific reasons. In the case of Venezuela, it's oil (2nd highest confirmed oil reserves in the world)


Venezuelans are struck by the commodities curse: everyone who wants to "help" probably just wants to help themselves. Chinese gov, Russian gov and the Venezuelan gov are all as greedy as the US gov.
1343  Bitcoin / Press / Re: [2019-05-06] Research: 60% of All Bitcoin Full-Nodes Are Still Vulnerable to Bug on: May 07, 2019, 10:19:06 PM
ok

  • every node on the network receives their blocks through the listening nodes
  • more than 50% of listening nodes have been running Bitcoin Core 16.3+ for a while now

so the bug is not exploitable. end of (non) story
1344  Bitcoin / Press / Re: [2019-05-05] Court Orders Craig Wright to produce his public Bitcoin addresses on: May 07, 2019, 10:10:15 PM
I would love it if he did that, and the court slapped him with a massive tax bill. And then, since it would be impossible for him to prove he doesn't own those addresses, he would be forced to pay. We can but dream.

I hope one day he can finally go to jail for what he had done and the mess he leaves on crypto.

Why on earth would we wish that to happen to Craig Wright?


In the case of him being forced to pay money he cannot pay (because he's bizarrely delusional), the cost of discovering that (in further court sessions) is going to be pushed onto people who are not Craig Wright

In the case of him being sent to prison, the cost of doing that will also be pushed onto people who are not Craig Wright


Keeping people in custody and funding court cases that recover no money are very expensive, the best punishment for Wright is the best punishment for almost everyone: the real world consequences of people knowing exactly what you're capable of.

simply being Craig Wright for the rest of his life is punishment enough, and he has to pay for that, not anybody else
1345  Bitcoin / Press / Re: [2019-05-03] New all time high for bitcoin in 2019! on: May 07, 2019, 08:02:36 PM
"All time high" has a very specific and exact meaning; the highest point of all time. To use the phrase "all time high" but then immediately narrow it down to less than 5% of bitcoin's lifespan makes no sense. It would be the same as saying that Lionel Messi is the top soccer goal scorer of all time, provided we only look at this season. It's a complete contradiction. Once we hit $20,000, you can start talking about ATHs. Until then, we are seeing local peaks and yearly highs only.

Is this an attempt to manipulate the market? Or just sloppy reporting?

There's certainly alot of other exuberant sentiment going around right now, but this could be equally viewed as an attempt to bluff smaller traders into selling before a large market player buys up all the ask liquidity in thr present price range. It's impossible to tell which, and so it's best to treat all of this so-called information as indicative of nothing.
1346  Bitcoin / Press / Re: [2019-05-06] Joseph Stiglitz: 'We should shut down the cryptocurrencies' on: May 07, 2019, 07:53:02 PM
He doesn't understand cryptocurrencies at all

It's difficult to believe that you care about this. You constantly post very low quality articles to this news section, and all this achieves is a decrease in the signal to noise ratio

If you think it's important that people understand cryptocurrencies, please post content that is of a decent standard to this news sub

1347  Bitcoin / Development & Technical Discussion / Re: Taproot proposal on: May 07, 2019, 06:31:58 PM
I wonder if HTLC on Lightning Network can use Taproot (which would save fees/reduce tx size when open/close channel)?

Yes

Lightning channels have 2 scripts branches ("update" and "close"). If one were using these proposed taproot enabled segwit v1 outputs, the update branch will only ever be processed when the channel is open, and does not need to be written to the blockchain at all when closing the channel. Conversely, the close branch is not written to the chain when opening the channel.

This not only optimises space usage on-chain, but also makes lightning open/close transactions more closely resemble regular transactions, and so improves fungibility. I think it's possible with taproot and signature aggregation (which is not in this proposed fork) to make channel open/close tx's indistinguishable from regular tx's on chain (and potential changes to aid scaling of lightning routing will mean that only a small subset of LN nodes will be aware of the existence of a given channel, so knowing where and when BTC enters and exits payment channels will be a much more difficult problem to solve)

Edit: it's better than I thought, it seems only a specific form of sig aggregation ("cross input aggregation") is not in this fork proposal, but the basic type is (where signatures in a single transaction are summed together). No idea how cross input form differs from the basic type, still reading...

1348  Bitcoin / Press / Re: [2019-05-06] Joseph Stiglitz: 'We should shut down the cryptocurrencies' on: May 07, 2019, 04:12:23 PM
Don't we already have a better regulated economy? I think we do. In North Korea. And we had many of such economies in the past in the Communist Bloc. Guess what? It didn't work

think about this though:

Stiglitz is representing the antithesis to "Road to Serfdom" here

The central argument in "Road to Serfdom" was that one organisation can't possibly know every little detail that is relevant to economic planning; there are too many details, known by too many people, and those details are constantly changing. Ergo, total ecomomic planning is doomed to failure, and so it proved in the eastern bloc.

Fast forward to the internet age: we willingly give away a huge amount of the information that a central planner needs to institute "perfect communism". Hayek's determination was right in the 20th century, but the people of the 21st century (and rogues such as Joseph Stiglitz) are determined to prove it wrong.

  • Google AI scans the vast majority of email, because if you're not using Gmail, you're sending mail to someone that is using Gmail
  • Google AI scans every site map, and helps you their friends by steering you towards the "correct" website
  • Facebook is one huge marketing vacuum, with real names of real people, their real relationships, their real interests (and dislikes)
  • Amazon is almost the whole internet. Almost every website runs on an AWS server

If anyone thinks living in a world where FANG are basically the defacto government of everything, then...

Stop.
Using.
These.
Companies.

Please.


We can prove Stiglitz wrong, by depriving "perfect" central planning of the oxygen it needs to breathe: stop giving away information
1349  Other / Politics & Society / Re: Fair distribution, Fair voting, UBI, Digital Passports on: May 07, 2019, 10:56:28 AM
1. The governments make it impossible for you to live out in the woods, there is very little crown land and they kick you off it and take down your home if you try to set one up.

[snip]

2. We need to lead by example tho.

points 1 & 2 are contradictory

point 1 is leading by example. But it's just an example the government gangsters do not like

you're assuming government gangsters will like UBI type schemes you're proposing. you're right, it makes everyone dependent on them, they'd love it


it's much better if we support people trying to be independent, as in point 1.


You will use it someday though

wrong. I will never use such a system
1350  Bitcoin / Press / Re: [2019-05-06] Joseph Stiglitz: 'We should shut down the cryptocurrencies' on: May 07, 2019, 10:37:11 AM
lol
1351  Bitcoin / Bitcoin Discussion / Re: Bitcoin Core 0.18.0 Released on: May 06, 2019, 08:17:07 AM
to actually experience sub 1 sat/b require majority full nodes use Core 0.18.0 or set minrelayfee value very low.

1sat/b is still the minimum relay fee, it wasn't changed in 0.18.0


or through bittorrent:

    magnet:?xt=urn:btih:a25c86ffa7a512b6d074287f74762b77f91cef4c&dn=bitcoin-core-0.18.0&tr=udp%3A%2F%2Ftracker.openbittorrent.com%3A80&tr=udp%3A%2F%2Ftracker.opentrackr.org%3A1337&tr=udp%3A%2F%2Ftracker.coppersurfer.tk%3A6969&tr=udp%3A%2F%2Ftracker.leechers-paradise.org%3A6969&tr=udp%3A%2F%2Fzer0day.ch%3A1337&tr=udp%3A%2F%2Fexplodie.org%3A6969

note:

if you don't want to give your IP to the trackers, you can edit the above magnet urn to just:

magnet:?xt=urn:btih:a25c86ffa7a512b6d074287f74762b77f91cef4c


You need a modern bittorrent client that supports DHT well. Decentralise all the things Cheesy
1352  Other / Ivory Tower / Re: What is bitcoin's largest obstacle to bitcoin adoption? on: May 06, 2019, 08:05:02 AM
Quite simply once you put your fiat into a bank (at least in the US) it is federally guaranteed, so if the bank gets robbed/hacked/ etc you will get you money back no issue. 

wrong

your banked money is insured, but only up to a certain value. you'll get a refund of the guaranteed amount, and not one single penny more

also, where do you think the refunded money comes from? If your answer is "don't care", then you deserve to have this happen to you tbh
1353  Bitcoin / Bitcoin Discussion / Re: Bitcoin Core 0.18.0 Released on: May 02, 2019, 06:39:26 PM
Thanks for the hard work Smiley

As far as i remember, Dandelion implementation and lower default minrelayfee expected on Core 0.18.0, but looks like neither of them happened.

yeah, that was a somewhat of a letdown. I can see why dandelion tx propagation didn't make it, it's a significant change, and there are other changes to tx propagation that probaby affect the way dandelion would need to be implemented. Why the relayfee default wasn't changed is a little more difficult to understand, especially seeing as mempools continue to hit the 1 sat/byte fee floor very regularly.

But there is now a hardware wallet utility Smiley And the new node connection code makes having hundreds/thousands of peers realistic (was 125 the previous maximum? think so). This strengthens the network between nodes that can handle that number of connections, I'm surprised that more hasn't been made of it


Also, i think it's worth to mention previous public key used to sign release already expired some time ago and people should obtain newer public key.

Yeah, wladimir's expired key is gonna be causing some sweaty hands.


Update wladimir's key, everyone!!!

gpg --refresh-keys
1354  Other / Serious discussion / Re: Facebook's privacy invasion is INSANE on: May 02, 2019, 09:48:39 AM
Enough of the problems, here's a solution:


Run your own server

  • social networks
  • email
  • online shopping (i.e. open bazaar)
  • file repo (be your own dropbox)
  • ...and of course, Bitcoin


It's not the easiest thing ever, but you only have to learn it once.

Then you can have all that internet-y stuff, and the facebook zombies will slowly begin to realise that they're the new sub-class of human Cheesy (instead of facebook zombies thinking you're a weirdo)
1355  Bitcoin / Hardware wallets / Re: [TREZOR One] Can the bootloader be upgraded? on: May 01, 2019, 02:12:56 PM
Can you not use the "trezorctl" commandline client that comes as part of python-trezor? Huh

It has a firmware-update option that allows you to update the firmware... So, if you can build older versions of the firmware, it is possible you could you could do incremental updates until you get to the necessary bootloader version

yep, that's what worked in the end


Only specific firmware updates include the bootloader updates, so I hopped first to FW 1.6.1 (to get bootloader version 1.5), then to FW 1.8.0. Nice Smiley
1356  Bitcoin / Bitcoin Technical Support / Re: Lightning Node Help on: April 27, 2019, 08:40:17 AM
1.) Closed Node Launcher (was showing 100% synced but didn’t have little green dot beside BTC in tray)
...
3.) Closed Bitcoin core and opened the Node Launcher

what's node launcher ? Huh
1357  Bitcoin / Hardware wallets / [TREZOR One] Can the bootloader be upgraded? on: April 26, 2019, 03:29:57 PM
So I have a fairly old TREZOR One with bootloader 1.3. This is too old to upgrade to the newest (1.8+) Trezor One firmware, minimum bootloader is 1.5 for firmware 1.7+

New versions of the bootloader can be downloaded and built from https://github.com/trezor, but it seems as though the only option is to destroy the outer shell of the Trezor, then flash the new bootloader manually. Then you have a naked Trezor with no outer shell!!!

Is that really the situation? Surely there's another way? :-/
1358  Bitcoin / Bitcoin Discussion / Re: Bitcoin Core 0.17.1 Released on: April 26, 2019, 03:21:14 PM
I have 17.1 and i'm getting warning: unknown block versions being mined.. But i'm not mining

like we used to get pre segwit..

it's likely because of miners using ASIC boost. the way that warning is triggered is currently up for debate (there's also a proposal to standardise ASIC boost, which would solve the problem another way)

no need to worry
1359  Bitcoin / Press / Re: [2019-04-22]American bitcoin trader may face death penalty over 'sea home' on: April 25, 2019, 08:24:24 AM
That doesn't really look that they're really "independent from the State". Even if they only went on shore to buy necessary goods and paid necessary services like medical emergency treatment with their own money, they are using a State's infrastructure, like roads, ports etc.

I'm sorry, I think seasteading doesn't have a future if it's not carried out with LOTs of planning, and preferably by a major group of people. Anarchy isn't only about "not paying taxes". It has also to do also with finding alternatives for the services states provide to you.

the trouble with that mindset is that somebody has to do something first, even if it's one step in a series of incremental steps. if the Thai government hadn't acted this way, there was a possibility of taking further steps. Your criticism seems to be that Elwar didn't execute every possible detail from the beginning, that's unrealistic for many reasons. taking the simplest foundational steps first at least means something actually happened, instead of endless talking about it


Elwar was the first to try. Maybe we could argue that he should have seen this coming, but he deserves alot of respect for at least trying, and it was no insignificant attempt. He spent alot of money & time planning and contructing his seastead, which is more than most people in the seasteading bracket have done
1360  Bitcoin / Bitcoin Technical Support / Re: Lightning Node Help on: April 25, 2019, 07:30:48 AM
-datadir=<SSD> -dbcache=<megabytes>

Changing blocks directory is a little bit more tricky. Keep chainstate folder on the HDD and move the other data folders to your SSD. While being in the data directory on the SSD, run ln -s /path/to/chainstate

no no no

the other way round!

chainstate (i.e. datadir) goes on your small + fast disk (SSD)
blocks goes on your large + slow disk (mechanical HDD)


chainstate is the UTXO set, which is changing very rapidly during sync. An SSD does that job much better than a mechanical disk
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