MoonShadow (OP)
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September 24, 2010, 11:52:04 PM |
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How difficult would it be to send a transaction report over Jabber/IM network? The idea is that, I'm sending someone money, and I want them to have a "receipt" of that intention immediately, rather than having to wait for 10 minutes for the block to provide one.
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"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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eurekafag
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September 25, 2010, 10:27:30 AM |
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When you send the transactions the recipient will see the unconfirmed transaction almost immediately. Transaction broadcasting is done using the realtime messaging but it's only for notifying the nodes about the transaction. And the block generations after it is confirmations you see in your client.
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MoonShadow (OP)
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September 25, 2010, 09:56:19 PM |
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When you send the transactions the recipient will see the unconfirmed transaction almost immediately.
Not always.
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"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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eurekafag
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September 26, 2010, 10:18:47 AM |
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What are the cases when they don't? BTW how do recently connected nodes get all transactions that should be included in the block even that which were broadcasted before these nodes connected? Do they ask their peers or are there periodic rebroadcasts?
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theymos
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September 26, 2010, 04:34:21 PM |
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BTW how do recently connected nodes get all transactions that should be included in the block even that which were broadcasted before these nodes connected? Do they ask their peers or are there periodic rebroadcasts?
You don't get old transactions. You don't need them. Someone who knows about the old transaction will generate a block with it eventually. If the entire network forgets about the transaction, the sender and receiver will rebroadcast it.
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1NXYoJ5xU91Jp83XfVMHwwTUyZFK64BoAD
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eurekafag
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September 26, 2010, 05:06:47 PM |
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Got it. So the transaction may be delayed for some blocks if those who generated them weren't aware about it. Thanks for explanation.
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throughput
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September 27, 2010, 01:52:02 PM |
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Moreover, there is no reason to include ANY transactions in block at all, except the first one with 50BTC. Hovewer, there is also no incentive in dropping received (and valid) transactions either.
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theymos
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September 27, 2010, 03:22:12 PM |
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Moreover, there is no reason to include ANY transactions in block at all, except the first one with 50BTC.
Transaction fees...
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eurekafag
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September 27, 2010, 07:01:29 PM |
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They aren't common at all these days so it's really no point in respecting others transacrtions. But most of the network play by the rules so this shouldn't be a problem.
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MoonShadow (OP)
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September 27, 2010, 10:40:25 PM |
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I asked this question related to the 'Bitcoin & Dash7' thread, because Dash7 is a xml technology, and a peerdevice to peerdevice implimentation of that messaging protocal seems almost trivial, and I have reason to believe that such an extension of the protocal is already underway.
Think of it as a 'reciept' of sorts. The buyer's client provides the seller's client a copy of the transaction record, so that the seller can be certain to re-submit the transaction if the buyer fails to do so. I was thinking of such a transaction occurring in the absence of mobile Internet access. Could be during an outage, while camping 40 miles beyond the last cell tower, between parties wherein one or more doesn't have a respectable data plan, or simply an in person transaction between two parties that do not wish the event to be broadcast openly at the exact time of the event. I think that any means of using common tech (a smartphone) to conviently perform a timely Bitcoin transaction between two, in person, parties would be a huge boon for Bitcoin adoption, and doing so over the Jabber protocal would make Bitcoin transactions indistingishable from any other encrypted message. So if Bitcoin could make use of the Jabber protocal as it is today, I can think of no reason that it couldn't be quickly adapted to use over that same protocal adapted to peerdevice messaging over Dash7. This kind of transaction would require that the two parties have some kind of prior, in person, contact; in order to have already exchanged contact information such as Jabber ID's and Bitcoin addresses. But that describes the vast majority of daily business, and any business that involves cash.
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"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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theymos
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September 27, 2010, 11:17:10 PM |
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creighto:
You can do something like that right now without even modifying the client. Just connect to someone's Bitcoin client over a LAN and send them a transaction. Both sender and recipient will broadcast the transaction when they get back to the Internet. A double-spending attack is also easily possible without modifying Bitcoin when you do that -- the sender just has to create a wallet.dat backup beforehand and get to the Internet first.
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em3rgentOrdr
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September 28, 2010, 12:00:04 AM |
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creighto:
You can do something like that right now without even modifying the client. Just connect to someone's Bitcoin client over a LAN and send them a transaction. Both sender and recipient will broadcast the transaction when they get back to the Internet. A double-spending attack is also easily possible without modifying Bitcoin when you do that -- the sender just has to create a wallet.dat backup beforehand and get to the Internet first.
Interesting. But really do you actually have to logon to another computer on the LAN, or could you possibly do the transaction directly on the physical computer of the chatter who wants to receive the money? Example: ssh logon as a guest, scp your wallet.dat over to your encrypted guest session temporary directory, the guest session runs bitcoind on port 8333 or 8332 while the host (i.e. receiver) runs on the opposite port, then when the transaction is sent, the local router would simply reroute the transaction back to the same computer that that transaction was sent from ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Or another example: use a computer running on a virtual machine hypervisor, setup a guest VM for the sender, and then send the coins from one VM to the other VM on the same physical machine, in which case the hypervisor would simply route the bitcoin transaction without actually leaving the network controller?
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"We will not find a solution to political problems in cryptography, but we can win a major battle in the arms race and gain a new territory of freedom for several years.
Governments are good at cutting off the heads of a centrally controlled networks, but pure P2P networks are holding their own."
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jgarzik
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September 28, 2010, 12:22:33 AM |
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Jabber also presents another interesting opportunity: anonymous exchanges via Jabber. Someone sets up an exchange at MyExchange@example.com jabber address, and publishes an API. Users send and receive PGP-signed Jabber messages at MyExchange@example.com, instructing the software to buy and sell BTC for Pecunix / Paypal / etc.
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Jeff Garzik, Bloq CEO, former bitcoin core dev team; opinions are my own. Visit bloq.com / metronome.io Donations / tip jar: 1BrufViLKnSWtuWGkryPsKsxonV2NQ7Tcj
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theymos
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September 28, 2010, 12:40:31 AM |
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But really do you actually have to logon to another computer on the LAN You don't have to log in. I just meant that you and the recipient need to be on the same TCP/IP network. Then just -connect to each other. You could also do this over the Internet, though I don't know why you wouldn't just use the Bitcoin network if you have Internet access. My x-btc URI scheme supports encoding transactions, which would work for sending them over Jabber. Like this: x-btc:rawtxn=-b602XR4AAAAAAAAAAAAAAEBAACnisLtAQAAAAES6XDE51AD_pYhTZODDyPD_GjmmAYan2xWh7GDOI4TCwAAAACKRzBEAiAXOUBjGZND6nrLDYE-y3_N1WGVlgL1zD_m4LIhZH9ZdQIgFDSSsM5UZsRpT8ZXX0hXBKxCrLA8afGzgk-bNqdTYRwBQQTmNw7nZNxJlGWCRBEnytR8_NgSU_oUkMnvKLkW-1xtaClPJydcBEm49cf0d0nj-PV6yUtNU0YyVMgxa-9Mf1XA_____wIA4fUFAAAAABl2qRSCBUpR68uXfcAIpPacDqhzd208_oisQPbTBAAAAAAZdqkUyk5AXdWLHER9M4PtJ8nn5pcXaESIrAAAAAA;store "-b60..." is a Bitcoin network "tx" message encoded in base64url. X-btc is just a specification, so you can't actually use this format for anything right now.
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MoonShadow (OP)
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September 28, 2010, 12:46:09 AM |
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creighto:
You can do something like that right now without even modifying the client. Just connect to someone's Bitcoin client over a LAN and send them a transaction.
I'm trying to think along the lines of the Dash7 networking, which doesn't use sessions like wifi, so there is no LAN per se. Even though IP6 is supposedly possible over an ad-hoc Dash7 net, I doubt that would be the ideal solution. Something a bit more native than just IP over Dash7, and as I already mentioned, Dash7's topology is already very Jabber friendly. I don't doubt that a Bitcoin protocal to run natively on Dash7's stack is also possible, perhaps prefered, but I was also looking at cloaking the Bitcoin traffic into the (assumed) Jabber traffic, making it more difficult to 'sniff' out Bitcoin users in a crowd. Mostly because I don't want to add a reason to make cellphone theft profitable, not because I'm particularly concerned about govco snooping; although that would be a positive side effect.
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"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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