You know what else has already happened too? Tycho has been hacked. That's why he instituted email locks on accounts, because a hacker got into his system and changed peoples addresses. Hacked once... Please, don't tell about what you don't know. Most (~14) victims of that attack were using same passwords on deepbit and another pool that got hacked, that's how the attacker got them. Also they were using same passwords for mining and main account. Hey [Tycho] what's the [Bounty] on the Block Chain Monitor? As it says in the forum thread, my part and those two who added their messages. It's just a strawman, and Tycho knows it. There is no technical way to find orphaned block chains without everyone running bitcoind to update their software to a specific version that would report orphaned blocks to a central authority. And the authority would need to be agreed upon. The client, as it stands, simply abandons them. |
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All of these threads are reactive. Every single one of them, every time This is the second time deepbit has gone over 50%. Nothing was accomplished after the first time. [Tyco]'s thread about coding a an attack detector barely got any interest. The best idea I've seen so far is an ad campaign to try to get users to go to other pools.
If people think this is really a big problem and [Tyco] is such a huge threat then come up with some realistic ideas about how to solve it.
1) Inform users of the problem and try to get them to distribute themselves. Hint: You're going to have to reach them outside of here since a good number of them will probably never come here. You can't make users leave either. It is their choice where they mine.
2) Put some technical skill into getting a block chain monitor working so that people will know if/when something happens instead of being reactive.
Because tycho knows an attack detector is impossible. Forked chains are simply abandoned by those who discover them, they are not reported anywhere where we could analyze if they are being utilized to create double spends. Hhhmmm .. maybe it could be deployed by multiple people across the network, or even something put into a future client so it's detected by all nodes and reported somewhere voluntarily like antivirus databases. I'm not a coder, but I can at least come up with ideas instead of criticisms. WHat youre talking about would require literally every person running bitcoin to update their client to your specific version. And agree on a central authority to monitor double spends. Why don't we just avoid the matter altogether and stop mining for someone who could destroy the currency's value? Or DDoS the hell out of his servers until he's below the 50% point. Maybe because apparently all the posts here about this topic haven't solved the problem. Apparently it's either not persuading people or not reaching enough people. Because that would make you a hypocrite for crying how he's doing something unethical to the network and then doing something unethical to him to get what you want. But since you don't have a problem with ethics it doesn't matter to you, does it? Wait, if you don't have a problem with ethics then you shouldn't care what he's doing to the network. Except what he's doing isn't illegal in most nations. You seem to mistake "unethical" with protecting the network. I dont have any more hashing power to contribute to dilute his pools strength, so the only next logical thing I can do to protect my BTC investment would be to disrupt his pool and/or his pools users. He is a threat to the network. |
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All of these threads are reactive. Every single one of them, every time This is the second time deepbit has gone over 50%. Nothing was accomplished after the first time. [Tyco]'s thread about coding a an attack detector barely got any interest. The best idea I've seen so far is an ad campaign to try to get users to go to other pools.
If people think this is really a big problem and [Tyco] is such a huge threat then come up with some realistic ideas about how to solve it.
1) Inform users of the problem and try to get them to distribute themselves. Hint: You're going to have to reach them outside of here since a good number of them will probably never come here. You can't make users leave either. It is their choice where they mine.
2) Put some technical skill into getting a block chain monitor working so that people will know if/when something happens instead of being reactive.
Because tycho knows an attack detector is impossible. Forked chains are simply abandoned by those who discover them, they are not reported anywhere where we could analyze if they are being utilized to create double spends. Hhhmmm .. maybe it could be deployed by multiple people across the network, or even something put into a future client so it's detected by all nodes and reported somewhere voluntarily like antivirus databases. I'm not a coder, but I can at least come up with ideas instead of criticisms. WHat youre talking about would require literally every person running bitcoin to update their client to your specific version. And agree on a central authority to monitor double spends. Why don't we just avoid the matter altogether and stop mining for someone who could destroy the currency's value? Or DDoS the hell out of his servers until he's below the 50% point. |
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All of these threads are reactive. Every single one of them, every time This is the second time deepbit has gone over 50%. Nothing was accomplished after the first time. [Tyco]'s thread about coding a an attack detector barely got any interest. The best idea I've seen so far is an ad campaign to try to get users to go to other pools.
If people think this is really a big problem and [Tyco] is such a huge threat then come up with some realistic ideas about how to solve it.
1) Inform users of the problem and try to get them to distribute themselves. Hint: You're going to have to reach them outside of here since a good number of them will probably never come here. You can't make users leave either. It is their choice where they mine.
2) Put some technical skill into getting a block chain monitor working so that people will know if/when something happens instead of being reactive.
Because tycho knows an attack detector is impossible. Forked chains are simply abandoned by those who discover them, they are not reported anywhere where we could analyze if they are being utilized to create double spends. |
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make a pool that has all the stability and features of deepbit and I'll consider moving to it. he's winning 50%+ because the others aren't competitive. his wasnt the first pool. its just the best.
While contributing to a security threat to the network, you are placing a bet that all your earnings will become worthless. If confidence in the currency is shaken, it will likely never recover as the only thing this currency has going for it is confidence. |
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Honestly im not opposed to the idea of DDoS'ing him.
We can't let bitcoins security be comprimised by the unaware masses when 1 person can change it.
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He is undermining the concept of the currency. it is dsitributed so that we can AVOID having a central authority. He is in essence becoming the central authority to the block chain. Since orphaned and/or forked block chains are not reported to anywhere, we will never know if he is perpetrating or attempting to perpetrate attacks with his dominant market share.
Other pools offer less fees and will amount to more payout over the same amount of time (on avg). You are doing bitcoin a disservice by taking the essence of the currency and bending it over and letting someone have its way with it.
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If we cannot withstand an attack, then there is really no point in any of it.
The network can recover. Will the public's trust? No. |
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why tycho won't disable registration ?
Because he is shortsighted about bitcoins future and cares most about the money he makes. Which, ironically, will become worthless if even 1 single attack is perpetrated. Unfortunately since blockchain forks aren't centrally reported, we'll never know what he's doing behind the scenes. Sell btc imo. |
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I also had a very positive transaction with this site. They're legit.
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Bump for relevance. Avoid paypal at all costs. Paypal has helped defraud thousands of $USD from people trading bitcoins. Don't be a victim.
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Bump for deliciousness. 10% off for my first few orders, to spread the word of the om nom nom.
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Top notch work. Truly gifted in creating pleasing aesthetics.
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I imagine the intent was to hurry out the initial batch of BTC to encourage critical mass growth and community around trading them, then easing in the rest of the supply. This pretty accurately reflects how the highest rate of BTC generation is up until 50% of the total BTC supply, then tapers off from there.
Naturally, there will be market reactions at the edge of the geometric change points, but overall I think it was a good design.
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Every BTC I have mined/bought I have spent. In addition, I am selling goods for BTC. Get your OM NOM NOM on over here.Those who hoard it would do well to spend and stimulate the budding BTC economy.  |
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A word of advice would be to withdraw that paypal amt into your bank account and then either direct ACH transfer with whoever you deal with, or set up a dwolla account.
Nobody with half a brain cell is going to use paypal payments to sell their BTC.
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BTW, here's some pics of a batch I just made for myself.   |
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I'm totally in on this. How much is shipping to NY? It's technically only over Lake Erie  -Garrett EDIT: Also, could I get a discount if I post a review once I get them? I do have a pretty good rep, could bring in sales, etc  If in Syracuse or closer (in relation to michigan), the normal rate, otherwise USPS estimates that extra day and the extra $15, which makes me have to pack alot more dry ice. And yes, I'd be willing to throw out some introductory offers Say, 10% off for the first 5 clients? In return I'd hold you liable to attest to their deliciousness and supreme awesomeness. |
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