Bitcoin Forum
May 06, 2024, 11:35:33 AM *
News: Latest Bitcoin Core release: 27.0 [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 28 29 30 31 32 33 34 35 36 37 »
461  Other / Off-topic / Re: How does your wife handle your Bitcoin shananagans? on: June 16, 2013, 06:34:16 PM
Very badly, GF just thinks the government is going to come after us and put us in jail for providing ID to a banking institution.
462  Bitcoin / Bitcoin Discussion / Re: Will a shorter block time be helpful or harmful to Bitcoin and its future? on: June 14, 2013, 11:37:15 PM
the current settings for bitcoin, the ten minute confirm times allows for the nodes to seattle any fork battles that may occur.

With a vpn and a terabit connection a major player can distribute a  double spend attack  while blocking pärt of the network with less than  50% hash power, effectivwly partitioning the network, in essence creating a perimeter of control. The 10 minutes allowes the slower network to reroute Their hashing power and overcome the speed advantage of propagating blocks.

A double spend attack has to reach a minimum of 6 confirmations,, with. 10% network hash power  that. Is  a  10%. Chance of getting a succesful fork, the next round drops to a 1% probability of keeping the fork. The attacker is now on a losing battle  to keep the reuse going; with larger % the attacker has dwindling probability of succesfully winning the next round.And all mining profits will disappear once they terminate the attack as the network begins to repair itself. That is a loss of 25 bitcoins  per block. So whatever they are stealing better be worth a lot, plus it can only be a p2p transaction with cash involved. 275 bitcoins is a lot of money.

The ten minutes guarantees that the fork is generated. A smart business would detect the double  spend  if the vpn was not creating a perimeter of control and even then the business would probably have their own vpn listening to world wide network transactions.

Sooner or later the network will repair itself  and most high ticket items require id, not to mention delivery time so you would have to play the odds for three weeks.

Difficulty would be the same regardless if its 2 minutes or an hour, it gets corrected every 2016 blocks
463  Bitcoin / Bitcoin Discussion / Re: Should Bitcoin fear Army's new 50 petaflops supercomputer? on: June 14, 2013, 12:22:48 AM
This is a data center for the NSA, they focus on encrypting and decrypting data... I bet you those data centers are full of Purpose built ASIC SHA2-3 AES etc encryption chips.
464  Other / Politics & Society / Re: NSA killed Sillicon Valley on: June 14, 2013, 12:15:15 AM
Guess which organization are getting the first deliveries of the new quantum computers, they can do problems that can't be done with standard yes/no algorithms, quantum has a maybe as well.
465  Other / Off-topic / Re: Remote Viewing and Quantum Science on: June 14, 2013, 12:06:46 AM
Very true focusing on all the senses is quite important there have been studies mentioning the correlation between strong emotional/vivid events with precognition and remote viewing, smelling a unpleasant stench during a generally sanitized environment may increase precognitive cognition of the event in question.

have strong sensory experiences to magnify remote viewing.
466  Other / Off-topic / Re: Remote Viewing and Quantum Science on: June 13, 2013, 04:55:05 PM
Lets try a little experiment shall we?

I want interested forum members to get these things.

A good nights sleep for 6 months, sleep till you are rested.
Go to the supplement store to get melatonin or 5htp pills. take one 3mg pill every day during your last meal before bed.
and add sage to your meals everyday, sage is proven to increase memory recall in volunteers.
describe all your dreams on a recorder when you wake up, describe it in the first person ie I am instead of I was when describing the dream.

now here is a trick, when something important happens in your life I want you to remember every detail of it in chronological order, record it and describe it
on that same recorder, now at the end of those 6 months listen to the recording.

post your results, lets see if it is true or not.

it'll be worth the extra rest anyway, studies have proven people think better, perform better, have better recall after a good nights sleep.
467  Other / Off-topic / Re: Has Satoshi destroyed his coins? on: June 13, 2013, 04:48:21 PM
Could be a trap as well. anyone can attack the network but if those coins were destroyed they become an easy target for burglars. if someone finds a way to crack the SHA256 encryption Satoshi will know and may alert the rest of the network to move on to another encryption protocol.

it could also be as a safe guard if something goes wrong with the network, they will begin releasing the private keys to the network if a dangerous entity gains a massive amount of unusable coins... like an attack that accumulated all the coins in existence and destroyed them to be unrecoverable forever.
468  Other / Off-topic / Re: funding a neuroscience lab's day to day expenses with cryptocurrency donations on: June 13, 2013, 03:32:45 PM
Definitely would be a good idea to fund this research for future generations. Is there any way that the data generated by your lab can be enhanced with our help? If a appropriate program is provided to distribute the computing power we can help significantly with reasearch data.
469  Bitcoin / Mining / Re: can mining algorithyms be changed to benefit humanity on: June 13, 2013, 03:23:41 PM
agreed namecoin is downright essential for a censorship free internet, I hope everyone is supporting namecoin with some processing power. We should all start registering our domains through it.
470  Bitcoin / Bitcoin Discussion / Re: What if Bitcoin is not just a value transfer program but; Direct Democracy? on: June 13, 2013, 03:15:46 PM
I agree, governance is the voluntary acceptance by the people laws that they believe in and can agree to follow because they understand it. it is funny to me thinking that most contracts and laws are made in such a sloppy fashion or maybe on purpose? difficult to read and understand... this is not the way to go. how do you get people to follow something that is sneakily introducing a downright draconian law? no wonder people are disillusioned with democrazy when they are actively being tricked into passing laws that need to be enforced by force.

real laws are understood by the people and voluntarily accepted by them.
471  Bitcoin / Bitcoin Discussion / Re: Bitcoin the enabler - Truly Autonomous Software Agents roaming the net on: June 13, 2013, 03:05:08 PM
yeah like cats, they can keep us amused with toys and games, just imagine the pet isle in the AI mart. cute little call of duty 42 games, and drugs to keep us amused for our overlords to giggle and laugh at our funny antics while stoned, even basal ganglia controllers so they can take us to the off-leash center to meet our friends, they may even breed us for desirable characteristics. Smiley They'll use us to show little baby AIs the concept of death since we only live for no more than 150 years.
472  Bitcoin / Development & Technical Discussion / Re: Bitcoin source code is a giant mess on: June 13, 2013, 02:58:49 PM
well, this thread has degenerated, so I'll throw a couple wrenches of my own.
I've read the comments and looked at the information that I can find... I think Satoshi was a programmer, just that they were a C programmer trying to write in C++ code.
If we approach the source code from the perspective of a C programmer it could start making sense.
473  Bitcoin / Bitcoin Discussion / Re: Will a shorter block time be helpful or harmful to Bitcoin and its future? on: June 12, 2013, 05:57:11 PM
Don't consider everything that Satoshi did as Law. I've been with the community for only a few months, but have dedicated 24/7 of my time to learn about it.

the system was built for experimentation, it is intentionally flawed to magnify certain weaknesses.

for example:

1 mb block limit was implemented = fee fluctuations can be seen when we saturate the block limit
                 
21,000,000 . 000, 000, 00 coins.  = exagerations in market fluctuations, movements caused by scarcity are more easily viewable and transferring economic data from currencies with large circulation values or extreme exchange values is cut off, at the front or back during the exchange process.

The code is extremely ambiguos, the core client was built in a very confusing manner, why?

It has a ton of features that are currently dormant and deactivated in the client, extreme flexibility would be a consideration for an experimental platform.


That 10 minute limit creates a global block saturation, everyone has the block before the next one is out even if they are running a modem connection, it even gives those 56k connections time to propagate the 1mb block, it protects against attacks from nodes with gigabit internet connections that are propagating their own preferred blocks and gives time for slower computers to confirm the hash from that block but to an exagerated level, attacks on the network are easily visible because of this architecture, it gives someone time to safely observe the attack, it is extremely exagerated 10 minutes is definitely a long time.

474  Alternate cryptocurrencies / Altcoin Discussion / Re: Crazy idea: AICoin on: June 12, 2013, 05:23:09 PM
Thats why I was thinking that it should be a donation system, so many coins and it's security cannot be guaranteed.

To further increase adoption, users should be allowed to provide their own problems to the system with their own reward; this way if corp A needs certain problems to be worked on it can submit it to the network so people can choose to work on it for the pay rate.
475  Other / Politics & Society / Re: NSA killed Sillicon Valley on: June 12, 2013, 05:15:08 PM
The only solution of course is to start using open source software with homomorphic encryption or go to full open systems like Bitcoin that record your economic data but not your name... this way we all win, no secretive cabal can dominate, their effects are recorded because they are part of the system too and everyone can observe them... or with encryption not.

With homomorphic encryption there is no need for a third party security provider, another case of white collar industry being automated by advances in cryptography.

We can't bypass the spying all countries do regardless if you trust them or not. look at Libya, Egypt they found data logging software that
was filtering the entire internet... they were able to shut off the internet! don't kid yourself, everything you do and say online is being monitored,
they are just hoping for the day that they can tag all your regular mail, cheques, person to person conversations and filter it all so one single person can monitor all humanities activities.  This is evolutionary, data is getting so complex but singular people need to understand it so the advancement goes from increased complexity to simplification to more complexity and simplification this is how our pattern recognizing minds work.
476  Bitcoin / Bitcoin Discussion / Re: Bitcoin the enabler - Truly Autonomous Software Agents roaming the net on: June 12, 2013, 04:59:46 PM
not really, they'd overcome us by ignoring us, why fight a inferior species? that costs resources, just transcend us and go, they'd be off exploring the galaxy while we hung around here on earth worrying about our drugs, alcohol and our primal urges... they would see the majority of humans for what they are... self absorbed and useless not just to themselves but to the rest of humanity.
477  Alternate cryptocurrencies / Altcoin Discussion / Re: Crazy idea: AICoin on: June 12, 2013, 04:44:33 PM
primecoin? sure, that would be so easy to do, ask someone to modify the POW on the bitcoin client for looking for primes lots of open source prime programs out there just incorporate what they have learned into the Bitcoin clone the search for primes will auto level itself out so no need to worry if it's generating too many coins.

look at the GIMPS example, they got more than 50 million primes found with only 100 teraflops of processing power, I have 12 teraflops at home I could find all of them in a few weeks, so a balance system would be needed, cashout of coins according to the number of primes found every 10 minutes. find a 1000 per minute great you get paid out at 10,000 for 1 coin difficulty increased? finding only 10 primes every 10 minutes? then you get one every ten minutes, but the distribution would have to be distributed to everyone on the network so that people work collaboratively from the getgo.


now back to topic A.I. madness!!!

start small then, if all the work has been done then the only thing needed is to create the platform for people to contribute their processing power.

we start with a small subset of problems and to test the system allow people to contribute their processing power for free at the beginning. once the system is proven to work go to bitcoinstarter.com and make a petition for donations for the project .

I figure the best place to start is with the work that Alice bot has already done, just chatter bots working on language and slowly progress to audio/visual problems for the A.I to work on then increase the complexity to the limit till it starts working on it's own problems, viewable by all of course, with the simplified scripts we can start building a general frame work for transferring that AI logic to other platforms.

478  Bitcoin / Mining / Re: can mining algorithyms be changed to benefit humanity on: June 12, 2013, 04:20:44 PM
sure why not? AIcoin?

the problems that AIs face is not daunting, you just have to simplify it, what does a AI need? What problems does it have to solve?

image recognition
audio processing
language processing
logic processing
pattern recognition
semantics processing etc

the problems built into a strong foundation would auto generate into real world solutions the complexity would increase naturally, no need for a timer, the problems will level out themselves as long as a broad and thorough foundation is built for it.

the technology is already out there, but as discussed on this thread Bitcoin already has the security and system worked out, all that would be needed is to build the system and then let people work on the system for free and when people donate to the AIcoin AI daemon it distributes the coins with a properly thought out incentive system. something along the lines of

minimum wage for average processing power +/- from that point according to the results provided, more results with more performance equals greater share of the donations.
This would need to be calculated by the average donations given over the life of the project.
479  Bitcoin / Development & Technical Discussion / Re: Bitcoin source code is a giant mess on: June 12, 2013, 04:04:06 PM
I'm just asking, I wanted to try to learn a new language and build a Bitcoin clone with extra features that the language can provide, just extra features or flexibility.
480  Economy / Economics / Re: Is credit possible with Bitcoin? Explain. on: June 12, 2013, 03:58:12 PM
Contracts are insanely enforceable with Bitcoin, the Bitcoin API is extremely flexible. You need a programmer and a accountant to convert the written contract into hard code then you realize, just like transactions the contracts are unstoppable once they are let loose... just wait till you had to refinance... ooh, painful.
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 28 29 30 31 32 33 34 35 36 37 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!