what would happen if a tx only was broadcast to half of the network, and have not propagated enough?
What happens not and how does my proposal make it worse? if you did read the next line, you would find out! STUPID FUCK! it would cause a block chain split. where half of the network would mine block upon the 'invalid' block. while the rest of the network would toss it away. unless you understand how stuff works, please dont go posting about it. |
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but I would be interested to hear what you think about the general idea?
no! its a fucking bad idea. it sucks big time! NO! |
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well dude! make you own client that invalidates blocks that does not include fee-txs, and see how long it will survive.
what would happen if a tx only was broadcast to half of the network, and have not propagated enough?
half of the network would accept the block, and the other half would reject the block, and thereby causing a spilt! <- BAD THING.
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just a fun way to use bitcoins...
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what gonna happen 1. dec? mtgox have some kind of countdown thing.
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Us Bitcoiners would all get rich as everyone flocks to more invalidation-resistant property!  computeres would get wiped, bitcoin destoryed. How are you paying these magical destroyers? With new dollars over the $1000? not a part of the plan. i know that its not possible to do, but IF it was done, how would the world be? |
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hi!
im offering 0-confirmation deposits to mtgox, for a 2% fee.
i can only do max 20 btc, cause i don't have a verified account on mtgox(yet).
it gonna work this way:
1. you send me a pm with a request of transfer. telling me how much you want to deposit.
2. i give you a deposit address, if i have not reached my quota yet, that you should deposit you bitcoins in to.
3. as soon as i see the transfer(with 0-confirmations) i will send you a redeemable mtgox code, you that amount of bitcoins you requested(minus fee).
im offering this service, because i find it annoying that you have to wait ~60-70min to transfer bitcoins. i am willing to take the risk of a double spend for a 2% fee. if i ever are attacked by a double spend attack, i will discontinue my service.
WARNING:
i can scam you! by letting you deposit in to my address, and then screw you.
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i like the idea, but i don't think that it will work. information anarchy, is not productive.
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well i've heard society isn't that patriarchic anymore in the 21st century, and women can very well choose their own security firms.
You heard wrong. There are lots of weirdos and control freaks out there. and some of them are women. |
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If you back up your wallet frequently, you can just restore the backup since the spent coins won't be confirmed.
yes they will. It worked for me. Maybe it was a bug. it will just be treated as a double spend. You were lucky. was it in the difficulty-way-too-high-time before merged mining? It wasn't a namecoin that was spent, but a bitcoin that went to an invalid address that did not get confirmed. I thought this would be the same type of error. It was during the time when DD attacks were going on. no hash are invalid. the bit/name-coin address is just a prefix + hash + checksum, the prefix to know which network we are talking about, the hash to specify the address, and the checksum to make sure there is no mistyping. the client will discard a address if the prefix invalid, but the whole address is not in the transaction, only the hash. in the good old times, when namecoin did not have their own prefix, there was no diffrence between bitcoin and namecoin addresses. the hash + checksum, is just a hash of a public key, which can be used on both networks. |
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If you back up your wallet frequently, you can just restore the backup since the spent coins won't be confirmed.
yes they will. It worked for me. Maybe it was a bug. it will just be treated as a double spend. You were lucky. was it in the difficulty-way-too-high-time before merged mining? |
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If you back up your wallet frequently, you can just restore the backup since the spent coins won't be confirmed.
yes they will. |
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Addresses beginning with "1" are accepted for historical reasons, AFAIK. (The "N" prefix wasn't used when Namecoin started.)
If you have the private key for the Bitcoin address I believe you can import it into your Namecoin wallet and claim the coins.
sounds right. the address is just: 1 or N + base56 encoded public key hash. the public key will be the same, no matter what what the prefix is. |
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Us Bitcoiners would all get rich as everyone flocks to more invalidation-resistant property! computeres would get wiped, bitcoin destoryed. |
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oh shit! not you people again! please leave us alone!
make the world a better place: shoot yourselfs.
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what would happen if anything was reset? like any money was invalidated, and people only got $1000 each? and any property, 'sold' to the highest number of people who collectively required it. like say a factory, was taken from its previous owner, and the workers of the factory would 'buy' it with number of people.
and after that continue the free market? what would happen? mass panic? more freedom? happiness? better competition?
im only suggesting that we steal people once.
and im aware that its not possible in real file, as people could/would save things.
You mean like in China? It is not a free market if the landowners and business owners got their property from the state. They treat their assets as being on loan from the state and suck as much cash as possible out while not giving a damn about the long term. no no. just reset it. and then free market. land, and other property are redistributed, so anyone gets a equal share. but only once. and this is not just limited to one country, the whole world. a global reset. |
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what would happen if anything was reset? like any money was invalidated, and people only got $1000 each? and any property, 'sold' to the highest number of people who collectively required it. like say a factory, was taken from its previous owner, and the workers of the factory would 'buy' it with number of people.
and after that continue the free market? what would happen? mass panic? more freedom? happiness? better competition?
im only suggesting that we steal people once.
and im aware that its not possible in real file, as people could/would save things.
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If the person(s) who have the 50,000 BTC bid on MtGox pull this out, prices will fall like a stone (or should I say falling knife)
but the bid wall it also proof that maniputators/traders/investors/bigmoney are intrested in bitcoin. and there are enough buy power to get over 5. right? |
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+1 nice dog  |
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congratulation! you two have just made it to my ignore list.
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