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Author Topic: [0Th]Ozcoin Pooled Mining |DGM 1%|Stratum+VarDiff port 80|NEW CN mining|  (Read 368661 times)
twmz
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April 19, 2013, 10:59:46 PM
 #2081

Again. You are missing the point!

Also: The fee for shared transactions is currently 0.5% fee. LOL

I didn't miss the point.  You claim to be able to track any attempt by the thief to spend these.  This service will easily allow the thief to transfer the coins to an address you won't know about.  Yes, you can still track the coins, but they will have been transfered to some unsuspecting person who is also using this service.  You will no longer be following the thief, and the thief will be free to spend his stolen coins as he sees fit.

0.5% is far less than the fee usually incurred when trying to unload stolen property...

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rupy
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April 19, 2013, 11:02:34 PM
 #2082

The point is nobody will use that service because:

1) It's completely insecure.
2) People want to receive what they pay for, not a visit from the police.

0.5% is far less than the fee usually incurred when trying to unload stolen property...

For that to work you need non criminals to use the system, which they NEVER will... because 2)

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rupy
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April 19, 2013, 11:07:43 PM
 #2083

Ok, one last attempt to describe how this works:

Imagine you had all the serial numbers of every stolen fiat bill in a database.

Would you check the bills you receive in change; if you could do it with 1 keypress, and the next one to receive those bills could throw you in jail, if they pressed 1 key and discovered your bills where stolen?

Let it sink in, sleep on it, and then post your argument.

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ewibit
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April 19, 2013, 11:09:16 PM
 #2084

OzcoinWidget no more working?
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April 19, 2013, 11:14:56 PM
 #2085

@all that don't understand

All addresses that receive coins from this address will ALWAYS be tainted with the "stolen" red ink. If the proxy (mixing service / Mt.Gox / private person paying cash / what the !@#$ ever) is prepared to take that risk that's ok, but in the future the services that use bitcoin WILL check the origin of EVERY satochi out there and trace it back to it's origin.

For example I'm writing bitcoin bank system right now, it will trace all stolen coins. If you as a user in my bank receive coins that originate from a stolen address, MY BANK WILL BLOCK YOUR SAVINGS until you send in the information about who owns that address.

END OF THIS DISCUSSION

-1 for ASSuming all that disagree with you have no basis for their opinions besides lack of understanding

-1 FOR SCREAMING IN ALL CAPS

-1 for loudly declaring "END OF THIS DISCUSSION" and then continuing that discussion

Sorry rupy, you just failed out of the Bitcoin Police Academy.

Please clean out your locker and make way for a more attractive, less ragey candidate!


The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy.  David Chaum 1996
Fungibility provides privacy as a side effect.  Adam Back 2014
"Monero" : { Private - Auditable - 100% Fungible - Flexible Blocksize - Wild & Free® - Intro - Wallets - Podcats - Roadmap - Dice - Blackjack - Github - Android }


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Blocks must necessarily be full for the Bitcoin network to be able to pay for its own security.  davout 2015
Blocksize is an intentionally limited resource, like the 21e6 BTC limit.  Changing it degrades the surrounding economics, creating negative incentives.  Jeff Garzik 2013


"I believed @Dashpay instamine was a bug & not a feature but then read: https://bitcointalk.org/index.php?topic=421615.msg13017231#msg13017231
I'm not against people making money, but can't support questionable origins."
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Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016

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rupy
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April 19, 2013, 11:17:14 PM
 #2086

Hahaha! I agree about my CAPS and attitude problem, you should see what I wrote before I edited my posts.

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April 19, 2013, 11:23:13 PM
 #2087

OzcoinWidget no more working?

Probably because Ozcoin isn't working at the moment. Sad

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
twmz
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April 19, 2013, 11:35:07 PM
 #2088

The point is nobody will use that service because... [snip]

You seem to be under the impression that this service (or other services like it, e.g. bitcoin fog) is not actively being used by people as we speak.  There are plenty of non-criminal paranoid people who value anonymity enough to use and pay for these services.

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April 19, 2013, 11:40:10 PM
 #2089

I'm mining right now (using DGM as it was set before the website went down). I can't change to a donation of 100%, but I can donate the coins to a fund to do forensic analysis, track down the true identity of said hacker through vps, proxies, logged Tor exit nodes and other such methods as might have been employed, and spread his human digits around the globe as far as the Bitcoin digits travel. If the hacker is in the Ukraine or Turkey or such, the only way to dispense justice is to take the lawless into your own hands.

I encourage Graet to reset the automatic payouts or their addresses, and give miners the ability to forgive any obligation or donate their balance owed or a portion to the pool before continued payouts. The money stolen was intended to be paid to miners, miners can say "it was stolen from us, too". I will personally shame anyone who calls such a thing a cash grab by the pool.

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April 20, 2013, 12:01:44 AM
 #2090

I will personally shame anyone who calls such a thing a cash grab by the pool.
You are entitled to set your pool options any way you desire, of course.

Forcing your desires upon others is tyranny.
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April 20, 2013, 12:10:51 AM
 #2091

I will personally shame anyone who calls such a thing a cash grab by the pool.
You are entitled to set your pool options any way you desire, of course.

Forcing your desires upon others is tyranny.
Whatever, I desire you to push the logout button. Without the work done by pool admins, you could have earned 0 BTC mining.

If the pool said "we got hacked, would you like forgive some of our obligation to pay you", instead of just pushing out the payments with even more borrowed money, some may call it begging. I want to make it clear that at least one pool miner would want to do this and thinks that others should know what's going on before their mined BTC keeps rolling in like normal.

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April 20, 2013, 12:18:31 AM
 #2092

I will personally shame anyone who calls such a thing a cash grab by the pool.
You are entitled to set your pool options any way you desire, of course.

Forcing your desires upon others is tyranny.
Whatever, I desire you to push the logout button.
Not gonna happen. Suggest you get over it since you have no coercive means available to enforce your desired oppression.

Without the work done by pool admins, you could have earned 0 BTC mining.
A false statement.

If the pool said "we got hacked, would you like forgive some of our obligation to pay you", instead of just pushing out the payments with even more borrowed money, some may call it begging. I want to make it clear that at least one pool miner would want to do this and thinks that others should know what's going on before their mined BTC keeps rolling in like normal.
Fair enough. That was not your original statement.
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April 20, 2013, 12:23:02 AM
 #2093

The point is nobody will use that service because... [snip]

You seem to be under the impression that this service (or other services like it, e.g. bitcoin fog) is not actively being used by people as we speak.  There are plenty of non-criminal paranoid people who value anonymity enough to use and pay for these services.

I don't think you understand, if you pay for something real you cannot be anonymous, because real stuff needs an address.

And if you are paranoid and honest, you will probably not use a service that most likely will send stolen coins in your name.

Please take some time to think this through, so we can have a bit more constructive discussion around this.

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rupy
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April 20, 2013, 12:27:56 AM
 #2094

I will personally shame anyone who calls such a thing a cash grab by the pool.

Nobody except 16cDeEFn6sraUEJrDCt2Yg3r7j2oazSYEd knows who took that money.

That's why we have to track where the money flows, let's follow the trail.

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April 20, 2013, 12:46:25 AM
 #2095

Without the work done by pool admins, you could have earned 0 BTC mining.
A false statement.

"work done by pool admins" = creating pools
"you" = someone who can't properly parse English
"could have" = a probability of an event taking place was present
"earned" = past participle: to receive payment for work.
0 BTC = zip, bupkis, nada
mining = a process with high variance where the only real "work" is finding a 25 BTC block, any other hashes actually earn nothing.

LazyOtto
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April 20, 2013, 12:50:42 AM
 #2096

"you" = someone who can't properly parse English
My, my. You get touchy when your errors are pointed out, eh?

solo

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April 20, 2013, 01:20:02 AM
 #2097

I will personally shame anyone who calls such a thing a cash grab by the pool.

Nobody except 16cDeEFn6sraUEJrDCt2Yg3r7j2oazSYEd knows who took that money.

That's why we have to track where the money flows, let's follow the trail.
Following the BTC trail and trying to work out who did it - yes that is good.

Claiming anyone who receives any of that BTC, a few, dozens or hundreds of transactions down the chain, and thus is a criminal unless they hand over details of who they got the BTC from (that they clearly will not know in most cases and also in many cases that is against the law in most countries that consider the rights of people above the rights of the state) is not only a knee-jerk ridiculous idea, it is also incorrect, oppressive and a step in the direction of giving away control of BTC (to morons)

Fortunately you have no such power.

Pool: https://kano.is BTC: 1KanoiBupPiZfkwqB7rfLXAzPnoTshAVmb
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April 20, 2013, 02:12:19 AM
 #2098

This really really #%$#blows...Graet is tops, and puts his all in to be fair and offer great service....one of the beacons in the bitcoin community....and now this.....!



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April 20, 2013, 02:31:23 AM
 #2099

This really really #%$#blows...Graet is tops, and puts his all in to be fair and offer great service....one of the beacons in the bitcoin community....and now this.....!




Yep, Graeme is probably only one of the few people in the bitcoin world I would trust for anything.
I trust he will find a solution, but man it must be a huge blow. Financially and emotionally.

Part-time Computer Systems Engineering student - Full time Service Assurance (faults) for a large Telco.
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April 20, 2013, 02:33:09 AM
 #2100

I live in that area.
If you folks confirm its him and provide an address... I can go...... collect

EDIT: It's looking like this is a frame. Please disregard.

Toil, Runescape hacker, real name J A Rogers, previously lived with parents in Stonnington Council. Approximate age is 23/24. Regular on or possible owner of BugAbuse.net


*edit* oh I see you guys don't think its that fellow anymore..... well if it turns out to be him let know and I'll go retrieve funds... free of charge for Graet :]

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