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Ahhhh! I get it now. Thanks for explaining this for me
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This is a real noob question but here goes...
How does the offline wallet know about new receiving addresses created on the online computer? The reason I ask is that I clicked the "Receive Bitcoins" button on the online computer and a new receiving address was created. My immediate thought was that the other computer is offline so how is it going to know about the new address and the coins it has received? Will the received coins show in the offline balance? How does this work?
New addresses are created by a formula. The online and offline computers use the same parameters for that forumula, so they both generate the same sequence of addresses. Thanks, I guessed this was the case. But what I can't figure out is how does the offline computer know you've used a new address (created on the online computer)? |
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This is a real noob question but here goes...
How does the offline wallet know about new receiving addresses created on the online computer? The reason I ask is that I clicked the "Receive Bitcoins" button on the online computer and a new receiving address was created. My immediate thought was that the other computer is offline so how is it going to know about the new address and the coins it has received? Will the received coins show in the offline balance? How does this work?
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500 btc buy came out of the blue. $850
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Whoever bought those thousands of btcs today save all you bulls from a crash and you know it: https://i.imgur.com/3q12MKq.pngstill near to 0 volume... this market is a lie I know what I can see.... is this guy flipping the bird or what?   |
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That's hilarious  |
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Huge buy up to $835. Boom! |
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The red dragon is really falling. Not sure if the crash will come or not. Everybody is waiting for a price dump and as soon as it goes under 800 everybody buys coins like wild. I´m not sure anymore if we will easily go through the 1000$ because it looks not attractive to trade 1000 to get 1.
Trust me I won't buy like crazy just under 800...People forget that one week ago it dropped in the 400s and 1 month ago it was in the low 200s. The sad truth is that there is no "buying like crazy" going on. If it continues to fall, a rout is much more probable than a buying frenzy. China is falling, with lots of coins listed for sale and no corresponding buyers. Bear in mind that China is currently sitting about 4% higher than Mt Gox and Bitstamp. It could level out once this level is reached |
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I haven't voted in this, but this voting system seems like it could be used widely. A system where every voter can be verified (if necessary) (through signing the address), fraudulent voting could be eliminated, and the record of the vote is permanently recorded in the blockchain so cannot be altered by a corrupt organisation. Would this work? Or am I missing something here...
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Guys, any chance of taking the offtopic discussion to "Offtopic"?  |
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Some pressure on the sell side... Edit: and it's gone  |
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It dropped all the way from $890 to $750. Seems like a pretty significant correction to me.
From what I've seen in Bitcoin anything from a 30% to 50% drop is a significant correction. 15% is a weekend dip |
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The .16 testing version, unfortunately, is pretty much unusable on my Mac. It's a recent model iMac (Core i5 3.2GHz, 8G RAM, no SSD). Scanning the blockchain brings the system to a crawl and makes doing anything else very frustrating. And this is exacerbated by the fact that once this completes Armory will usually crash within a short while so it has to rescan the blockchain every time it starts. I ran it from the command line and I can see something that I wonder could be part of the problem. There are leftover references to picobit's system in the errors it displays in Terminal. For example:
File "/Users/joeschmoe/BitcoinArmory/osx_picobit/workspace/Armory.app/Contents/Frameworks/Python.framework/Versions/2.7/lib/python2.7/site-packages/Twisted-13.1.0-py2.7-macosx-10.4-x86_64.egg/twisted/internet/base.py", line 824, in runUntilCurrent
If there's any information I can provide to help fix this then I'd be glad to help
Interesting! Each next version seems to work less and less reliably on OSX. And for sure, that absolute path reference is ... not right. Luckily, picobit just messaged me to let me know that he may have a solution (a variant of the current build recipe). I'm going to try it out tonight and see what happens. Great! Looking forward to getting this working. The recent rise in the value of btc has me nervous every time I fire up Bitcoin-qt  |
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The .16 testing version, unfortunately, is pretty much unusable on my Mac. It's a recent model iMac (Core i5 3.2GHz, 8G RAM, no SSD). Scanning the blockchain brings the system to a crawl and makes doing anything else very frustrating. And this is exacerbated by the fact that once this completes Armory will usually crash within a short while so it has to rescan the blockchain every time it starts. I ran it from the command line and I can see something that I wonder could be part of the problem. There are leftover references to picobit's system in the errors it displays in Terminal. For example:
File "/Users/joeschmoe/BitcoinArmory/osx_picobit/workspace/Armory.app/Contents/Frameworks/Python.framework/Versions/2.7/lib/python2.7/site-packages/Twisted-13.1.0-py2.7-macosx-10.4-x86_64.egg/twisted/internet/base.py", line 824, in runUntilCurrent
If there's any information I can provide to help fix this then I'd be glad to help
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Yay! A new version to test. I was having a LOT of stability issues on OS X 10.9 with the .14 version. I'll save the bug report for this version
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Thanks for the detailed reply!
Regarding the new payment protocol. I'm assuming BIP 10 will be retained for backwards compatibility between clients. Given this, if the offline computer is solely being used for coins that are in cold/offline storage then I can continue to use the older client for this purpose in the foreseeable future?
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I don't recall reading this here but are there any issues running the testing version on the online computer while the offline computer has the stable version on it? The reason I ask is that I'm running OS X Mavericks on my online (primary, new) computer and Mountain Lion on the offline computer, which is older hardware (Core Duo Mac Mini). Do they play nicely together?
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goat is a /b/tard lol makes sense  lol, ive not been in /b/ for 6 or 7 years. Oh, um, of course not, I mean, uh, me either...heh heh...uhh, hey, whats that over there? What do the letters with slashes mean? What is /B/? /B/ is "4chan's random image board" |
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Damn it, thought that was a "new" capture, not 10 mins old! lol Oops, should have put a warning on that |
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That was amazing to watch, that volume! This is one ugly picture  |
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