Bitcoin Network Imporvements

[misternanyte]

These are just a few thoughts of mine. I think to avoid these consistent bitcoin DDoS and BTC thefts we need to actually break up bitcoin into smaller pieces. The wallet and block index/verification remains completely untouched and works just about EXACTLY as it does now (of course i'm thinking that there could still be bug fixes in the future),  but the mining and the pools can be smaller. The idea of btcguild and slush etc are great, but because they are so huge, they are a potential BTC security risk. They're sorta a centralized bitcoin bank which is kinda bad. So we just need to break the network up into smaller groups. The thing is, with smaller websites and pools that are community oriented and not anonymous (we have the right to show our identities to each other, lol) then they are less susceptible to attack and market fluctuations. If everyone did this the value of bitcoin mining, I believe, would exponentially grow.

A few ideas on how to implement a few changes to the bitcoin SOFTWARE and protocol. For one, I think the protocol is fine, i just wanted to add an implementation of BTC to USD/GPB/EURO conversion etc. The only problem is that then the software would need to connect to other websites. So how would we go about fixing this? Well, for one, having a smaller COMMUNITY pool (not an anonymously join-able one) can much better keep track of the value of items in USD, because a small community that actually cares about it's members and is honest (which isn't hard to find when you build your own PROPERLY) understands the importance of telling the truth about the prices and values. Why is this a good idea? Because people generally want to separate from those they do not know, and they have every right to. It's safer and actually more profitable in the long run as you can keep your transactions much more secure amongst the people you trust.

I think this could change the world-wide value of USD significantly, as smaller communities will show differing values for every items which of course would include cars as they are extremely valuable. So in one community, one car of a certain make and model is worth $15,000, but in another community the same IDENTICAL, exact make and model car could be worth $12,000. So it's just like real life, but instead of the banks controlling the value of the USD which we unfortunately still need to use, WE are in control of it. Smaller communities could for instance use the modified bitcoin software/protocol to compare the other small community values and come up with something reasonable when they wish to trade outside of their communities. As of now, we rely on banksters and other agencies to understand the value of USD. But in a more utopian world we could would rely only on our own individual selves.

So this is my idea of how to implement a software modification for bitcoin to help those who wish to create their own small communities. Now, it's each individual own right and responsibility to trade with whomever they wish, no matter what. There will be no group controlled asset or pricing. But I think we could add some code that allows any user to DISALLOW transactions from everyone not in their list if they so wish. It would also allow the option to BAN those who have a certain wallet address. But it's only for each individual user that they'd have that power, not for the entire network.

IN the end, because of the problems with the lowest-common-denominator BTC software we have currently including the possibility of being brute-force-attacked with a 51%er not to mention google/nsa/fbi's quantum computer bull$hit (which would be easier to detect with a smaller range of accepted transactions within small community, as it show up sooner that something outside of your small network of bitcoiners has taken money from you), it's just acceptable that many people, including myself, wish to separate from the rest of the BTC network as a whole. The smaller we are, the harder it is to stop us.

Anyone have any thoughts?

[Kay0r]

For the mining part, isn't what P2Pool is all about?

[franky1]

get the small communities to use different alt coins within their area. and if they want to trade internationally they would convert their value into the international currency... bitcoin

problem solved without having to mess with everyones blockchain

[misternanyte]

get the small communities to use different alt coins within their area. and if they want to trade internationally they would convert their value into the international currency... bitcoin

problem solved without having to mess with everyones blockchain

But it doesn't mess with anyone's blockchain. Same blockchain, everyone sees your transactions still. You simply trade within your own small community amongst people you TRUST.

You have to understand that a rapist using bitcoin to buy hookers and then raping then and killing them is not helpful to our economy. So we really need to be the bull and horn the shit out of any asshole in our way, or in other words just don't trade with them. Bad people hurt our economy, but with smaller mini-economies, we can be sure that within that community it's OK. The only problem is the shipping. So if someone with your mini-btc community lives on Tom Hank's castaway island, you're gonna pay out your ass. But that's OK I guess in some cases because the value might be greater in doing just that... paying a little more for shipping than you'd like. It depends, it's all situational. But I think for shipping we could just GET OFF OUR ASSES AND SHIP IT OURSELVES if they're not too far away. And because you like the person in your community who happens to live a few hundred miles from you, you probably won't mind going to see them. And you can always pay someone within the same community to do it! I'm not gonna say you can't have a huge community. But that's hard to manage and because even the most good people in the world make mistakes, it's hard to make sure they won't let in anyone who won't try to screw everything up for everyone else. But I won't say that it's not possible to have a huge community and everyone in it understand how to make it last forever. It's just more of a pipe dream for now, i think.

This is world wide change. But the current bitcoin technology is only the beginning. The idea is to DESTROY bank's control of our money and taxes. DESTROY the value of gasoline for instance (eh hemm... shipping co$t$) and make everything affordable as long as you put the work in. Shipping won't cost much, gas won't cost much. This however will only ever get accomplished when WE GET OFF OUR LAZY ASSES and start making smaller businesses and use our brains to invent things that can help the individual better do everything he needs to to do to survive, BY HIMSELF. So to make our own gasoline, not hard. Biodiesel, not hard. Small car company with ZERO computer chips/black boxes installed under the hood so the NSA can't track us? EASY! We just need to not be afraid to stand up against the government and take our society back. We have been living in fear for so long, and while a lot of people are on board with some of these ideas, most are too comfortable being afraid of the government to actually implement them.

[misternanyte]

i have another idea.

Hardware wallet hash block. Your computer (which will eventually not be NSA HARDWARE-trojan infested) will have a hardware SSD or just a simple flash chip installed on the motherboard - preferably a pop-out PIC chip installed in a socket and probably around 100GB - to store hardware hashes of your timestamp and computer hardware, etc to use as authentication to load and be able to use your wallet. It's a hardware wallet, but only part of it. The actual wallet file with the coin amounts will still be software and attached to the bitcoin program. It will load just like it does now, but will have the option of using a hardware computer hash block chain to protect the wallet. The bitcoin wallet will have access to this, but as the government can't tell what your IP address is just from the bitcoin network alone, it also won't be able to access that hash block chain for your hardware wallet across any network. I can't stress enough, however, how important getting NSA technology out of our computer hardware is.

This all works very similar to the linux kernel development hashing. And of course more recently... you guessed it... bitcoin.

What i fear is this however:

http://www.youtube.com/watch?v=Cw5llLUrawc

Quantum (nanotechnological) computers could seriously screw this up. I would like to discuss that as well, as I see a lot of threads in this forum dedicated to the topic. Quantum computers pose a real threat to the bitcoin network, but still can't completely destroy it if we continue to fight it. Probably have to branch the block chain at some point.

[misternanyte]

anyone have any thoughts on this stuff?

I want to bump this thread instead of making a new one. I have really good ideas and I'd like everyone to think about them.

My other ideas include (to help the network) having off-the-grid ISP. A truly peer 2 peer internet connection that's sort of a mesh net that does NOT rely on any oc512 backbones and the like. The connection doesn't go through established ISP nodes that comcast, verizon, dishnet etc go through. It's an off-the-grid implementation, and your connection is actually just like taking an old playstation 1 and hooking up a 4 player splitter to it so you and 3 of your friends can play a game. It doesn't connect through government or corporate hardware ethernet backbone lines. Most likely through PEER TO PEER radio communication on a smaller level, perhaps open source satellite technology that we could put up into space with donations. I'm thinking also of installing separate telephone lines along the lightposts that the PEOPLE of any community can install themselves and have it be COMPLETELY out of the control of ANY AND ALL phone companies and/or government agencies. So the phone line would just be from house to house, and would not go back to a central phone switching building. Kinda like just having a bunch of string&papercups installed onto everyone's clubhouse.