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Author Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]  (Read 771089 times)
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Nootnewbie
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October 21, 2013, 04:39:43 PM
 #1241

Ken,

Can you verify what U.S. Bitfunder users need to do to be sure that their shares preserved?  Do we need to be sure our public bitcoin address is one where we can sign?  For example, a non-CoinBase address?

Yes, you need to have a public Bitcoin address that you can sign, so that we can verify the number of shares you own from the Bitfunder Asset List.

Thanks for the quick reply Ken!

To everybody else:  Anybody have a favorite wallet they use that has signing capabilities?  I'd prefer something online as opposed to a paper wallet.  Something easy to use.
WikileaksDude
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October 21, 2013, 05:02:27 PM
 #1242

Ken,

Can you verify what U.S. Bitfunder users need to do to be sure that their shares preserved?  Do we need to be sure our public bitcoin address is one where we can sign?  For example, a non-CoinBase address?

Yes, you need to have a public Bitcoin address that you can sign, so that we can verify the number of shares you own from the Bitfunder Asset List.

Thanks for the quick reply Ken!

To everybody else:  Anybody have a favorite wallet they use that has signing capabilities?  I'd prefer something online as opposed to a paper wallet.  Something easy to use.

My address is from blockchain.info, is it possible to sign from there?
PurpleTentacle
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October 21, 2013, 05:16:33 PM
 #1243

Ken,

Can you verify what U.S. Bitfunder users need to do to be sure that their shares preserved?  Do we need to be sure our public bitcoin address is one where we can sign?  For example, a non-CoinBase address?

Yes, you need to have a public Bitcoin address that you can sign, so that we can verify the number of shares you own from the Bitfunder Asset List.

Thanks for the quick reply Ken!

To everybody else:  Anybody have a favorite wallet they use that has signing capabilities?  I'd prefer something online as opposed to a paper wallet.  Something easy to use.

My address is from blockchain.info, is it possible to sign from there?

Yes, you can sign with blockchain.info: https://blockchain.info/wallet/wallet-faq (scroll down).

stereotype
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October 21, 2013, 05:37:27 PM
 #1244

Taken from Labrat thread, and edited to be generic....


How to sign a message using blockchain.info:

- Log into blockchain.info
- Click on receive money
   - click on the actions button to the right of the address your using
   - click on sign message
      - enter email body as detailed from requester
   - click sign message
   - copy "signature" output
Close "Sign Message" window

Using the message and signature, you can create a new email which you can send to requester
jrodder
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October 21, 2013, 05:42:46 PM
 #1245

Ken,

Can you verify what U.S. Bitfunder users need to do to be sure that their shares preserved?  Do we need to be sure our public bitcoin address is one where we can sign?  For example, a non-CoinBase address?

Yes, you need to have a public Bitcoin address that you can sign, so that we can verify the number of shares you own from the Bitfunder Asset List.

If I run my wallet on my local machine, is that not good enough? I have shares currently on bitfunder, US customer.
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October 21, 2013, 05:45:11 PM
 #1246

Ken,

Can you verify what U.S. Bitfunder users need to do to be sure that their shares preserved?  Do we need to be sure our public bitcoin address is one where we can sign?  For example, a non-CoinBase address?

Yes, you need to have a public Bitcoin address that you can sign, so that we can verify the number of shares you own from the Bitfunder Asset List.

If I run my wallet on my local machine, is that not good enough? I have shares currently on bitfunder, US customer.

Assuming you are referring to bitcoin-QT or Armory, then yes, you'll be able to sign messages from your receiving address.

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October 21, 2013, 05:46:26 PM
 #1247

Ken,

Can you verify what U.S. Bitfunder users need to do to be sure that their shares preserved?  Do we need to be sure our public bitcoin address is one where we can sign?  For example, a non-CoinBase address?

Yes, you need to have a public Bitcoin address that you can sign, so that we can verify the number of shares you own from the Bitfunder Asset List.

If I run my wallet on my local machine, is that not good enough? I have shares currently on bitfunder, US customer.

It is scary when you have people in here investing in super risky mining securities who don't really have a grasp of how the blockchain and bitcoin protocol works in general.

knybe
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decentralize EVERYTHING...


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October 21, 2013, 05:50:36 PM
 #1248

Ken,

Can you verify what U.S. Bitfunder users need to do to be sure that their shares preserved?  Do we need to be sure our public bitcoin address is one where we can sign?  For example, a non-CoinBase address?

Yes, you need to have a public Bitcoin address that you can sign, so that we can verify the number of shares you own from the Bitfunder Asset List.

Thanks for the quick reply Ken!

To everybody else:  Anybody have a favorite wallet they use that has signing capabilities?  I'd prefer something online as opposed to a paper wallet.  Something easy to use.

sign with any of these although I prefer Bitcoin-Qt: Choose your Bitcoin wallet
VolanicEruptor
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October 21, 2013, 05:51:24 PM
 #1249

Ken,

Can you verify what U.S. Bitfunder users need to do to be sure that their shares preserved?  Do we need to be sure our public bitcoin address is one where we can sign?  For example, a non-CoinBase address?

Yes, you need to have a public Bitcoin address that you can sign, so that we can verify the number of shares you own from the Bitfunder Asset List.

If I run my wallet on my local machine, is that not good enough? I have shares currently on bitfunder, US customer.

It is scary when you have people in here investing in super risky mining securities who don't really have a grasp of how the blockchain and bitcoin protocol works in general.

maybe he only has 25 dollars worth of shares, in which case I don't see what's wrong with investing in something you don't completely understand

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October 21, 2013, 05:51:52 PM
 #1250

Ken,

Can you verify what U.S. Bitfunder users need to do to be sure that their shares preserved?  Do we need to be sure our public bitcoin address is one where we can sign?  For example, a non-CoinBase address?

Yes, you need to have a public Bitcoin address that you can sign, so that we can verify the number of shares you own from the Bitfunder Asset List.

If I run my wallet on my local machine, is that not good enough? I have shares currently on bitfunder, US customer.

Assuming you are referring to bitcoin-QT or Armory, then yes, you'll be able to sign messages from your receiving address.

Walk through of -qt sign and verify .......  http://www.youtube.com/watch?v=3oxM9_OCQKM&feature=youtu.be&t=35s
knybe
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decentralize EVERYTHING...


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October 21, 2013, 05:54:51 PM
 #1251

Ken,

Can you verify what U.S. Bitfunder users need to do to be sure that their shares preserved?  Do we need to be sure our public bitcoin address is one where we can sign?  For example, a non-CoinBase address?

Yes, you need to have a public Bitcoin address that you can sign, so that we can verify the number of shares you own from the Bitfunder Asset List.

If I run my wallet on my local machine, is that not good enough? I have shares currently on bitfunder, US customer.

It is scary when you have people in here investing in super risky mining securities who don't really have a grasp of how the blockchain and bitcoin protocol works in general.

maybe he only has 25 dollars worth of shares, in which case I don't see what's wrong with investing in something you don't completely understand


Patience, old dogs... teach don't spurn.

It's all part of the learning process.

The more using Bitcoin, the merrier.

 
jrodder
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October 21, 2013, 06:19:17 PM
 #1252

Ken,

Can you verify what U.S. Bitfunder users need to do to be sure that their shares preserved?  Do we need to be sure our public bitcoin address is one where we can sign?  For example, a non-CoinBase address?

Yes, you need to have a public Bitcoin address that you can sign, so that we can verify the number of shares you own from the Bitfunder Asset List.

If I run my wallet on my local machine, is that not good enough? I have shares currently on bitfunder, US customer.

It is scary when you have people in here investing in super risky mining securities who don't really have a grasp of how the blockchain and bitcoin protocol works in general.

maybe he only has 25 dollars worth of shares, in which case I don't see what's wrong with investing in something you don't completely understand


Patience, old dogs... teach don't spurn.

It's all part of the learning process.

The more using Bitcoin, the merrier.

 

Heh. I am a network/systems admin by trade. I simply don't have enough time in the day to know the intricacies of everything I deal with on a day to day basis. I haven't given enough study to this particular facet of the blockchain, no. The last few posts were helpful. If I cared about what people thought about me before asking a question, I suppose I could have eventually found the answer myself. Instead I asked for help from people that *do* have the invested knowledge, and were willing to give me a few minutes of time to post a reply. I thank you for that.
neilol
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October 21, 2013, 06:53:47 PM
 #1253

Ken,

Can you verify what U.S. Bitfunder users need to do to be sure that their shares preserved?  Do we need to be sure our public bitcoin address is one where we can sign?  For example, a non-CoinBase address?

Yes, you need to have a public Bitcoin address that you can sign, so that we can verify the number of shares you own from the Bitfunder Asset List.

If I run my wallet on my local machine, is that not good enough? I have shares currently on bitfunder, US customer.

It is scary when you have people in here investing in super risky mining securities who don't really have a grasp of how the blockchain and bitcoin protocol works in general.

maybe he only has 25 dollars worth of shares, in which case I don't see what's wrong with investing in something you don't completely understand


Patience, old dogs... teach don't spurn.

It's all part of the learning process.

The more using Bitcoin, the merrier.

 

Heh. I am a network/systems admin by trade. I simply don't have enough time in the day to know the intricacies of everything I deal with on a day to day basis. I haven't given enough study to this particular facet of the blockchain, no. The last few posts were helpful. If I cared about what people thought about me before asking a question, I suppose I could have eventually found the answer myself. Instead I asked for help from people that *do* have the invested knowledge, and were willing to give me a few minutes of time to post a reply. I thank you for that.

I came off harsh, there's nothing wrong with not knowing how all this works, and even less wrong with asking. I just personally think you are adding an unnecessary layer of risk investing BEFORE you get to do the research. But hey if its an inconsequential amount of money to you, you could view it as tuition if something goes south you otherwise would have seen. You sure as hell would learn how to sign a message if it meant you were going to lose all your shares Smiley

redbeans2012
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October 21, 2013, 06:54:34 PM
 #1254

Ken,

Can you verify what U.S. Bitfunder users need to do to be sure that their shares preserved?  Do we need to be sure our public bitcoin address is one where we can sign?  For example, a non-CoinBase address?

Yes, you need to have a public Bitcoin address that you can sign, so that we can verify the number of shares you own from the Bitfunder Asset List.

If I run my wallet on my local machine, is that not good enough? I have shares currently on bitfunder, US customer.

It is scary when you have people in here investing in super risky mining securities who don't really have a grasp of how the blockchain and bitcoin protocol works in general.

One doesn't need to understand the full workings of the internet if they want to invest in google, or how an iphone works if they want to invest in apple.
somestranger
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October 21, 2013, 08:13:08 PM
 #1255

Unfortunately that's what we're working with. Ken is aware of that issue just as much as anyone else. It's just a matter of time before the same problem happens, but you've got to admit that bitfunder and btct were the big dogs, easier to find. Ken's just buying some more time, that's all that can be done. He's ambitiously working on a more viable alternative, whether it's color coins or ripple based.

If the transfer of shares is going to scare you, you might want to sell. If not, with the rise of BTC value, the mining ROI is increasing which can only help ACTM.
There won't be any market trading until colored coins are implemented, so I don't see it getting shut down. If anyone gets colored coins working in production then the other exchanges would follow closely... after all it is open source if it's going to use the Bitcoin blockchain (unless AM came up with a whole new coin, but colored coins certainly seem like a better idea). I think theoretically this would also allow shares to be moved from one exchange to another and enable efficient arbitrage that was impossible with  BTC-TC and Bitfunder's centralized approach.
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October 21, 2013, 08:17:22 PM
 #1256

Ken,

Can you verify what U.S. Bitfunder users need to do to be sure that their shares preserved?  Do we need to be sure our public bitcoin address is one where we can sign?  For example, a non-CoinBase address?

Yes, you need to have a public Bitcoin address that you can sign, so that we can verify the number of shares you own from the Bitfunder Asset List.

If I run my wallet on my local machine, is that not good enough? I have shares currently on bitfunder, US customer.

It is scary when you have people in here investing in super risky mining securities who don't really have a grasp of how the blockchain and bitcoin protocol works in general.

maybe he only has 25 dollars worth of shares, in which case I don't see what's wrong with investing in something you don't completely understand


Patience, old dogs... teach don't spurn.

It's all part of the learning process.

The more using Bitcoin, the merrier.

 

Heh. I am a network/systems admin by trade. I simply don't have enough time in the day to know the intricacies of everything I deal with on a day to day basis. I haven't given enough study to this particular facet of the blockchain, no. The last few posts were helpful. If I cared about what people thought about me before asking a question, I suppose I could have eventually found the answer myself. Instead I asked for help from people that *do* have the invested knowledge, and were willing to give me a few minutes of time to post a reply. I thank you for that.

I came off harsh, there's nothing wrong with not knowing how all this works, and even less wrong with asking. I just personally think you are adding an unnecessary layer of risk investing BEFORE you get to do the research. But hey if its an inconsequential amount of money to you, you could view it as tuition if something goes south you otherwise would have seen. You sure as hell would learn how to sign a message if it meant you were going to lose all your shares Smiley

Indeed. More to the point, I didn't really keep up in the forums as to what was needed from me as an investor in order to keep my shares active. Initially I was thinking I would have to transfer shares to someone I trust that isn't in the US.

So as long as I have a public address, and am using Bitcoin-QT (currently in linux) I should be prepared for the coming change? Is there somewhere I can read a synopsis?
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October 21, 2013, 11:28:04 PM
 #1257

So I know everything is currently under NDA still.  That being said, does anybody have an idea of where we are in the current timeline?

Ken says he'll order the first batch once he knows the prototypes work.  I assume this means that the samples have not been delivered yet or they have been delivered and testing is still commencing. 

Best case scenario, when do we begin hashing?  When are miners shipped?  Are we expecting more $$ to come from hashing or sales?
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October 21, 2013, 11:48:37 PM
 #1258

So I know everything is currently under NDA still.  That being said, does anybody have an idea of where we are in the current timeline?
...

Up s__t creek w_th_ut a pa_dle.

Would you like buy a vowel or are you ready to solve now?

In your example, the H would already be uncovered since it appears in the word "without".  Also, the D in paddle would be uncovered because of the d right beside it.

A for effort, but try to get it right next time. Wink

BTC: 1FJ6nP3BmEDrpGZP5UtaGUrssV3A6rnhpU
knybe
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decentralize EVERYTHING...


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October 22, 2013, 12:15:59 AM
 #1259





please?


Effayy
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October 22, 2013, 12:20:58 AM
 #1260


please?


Oh come now.  I only pop up once every 20 pages, I say something that is heads and tails more polite than the rest of you do to crumbs, and *I* get the don't feed the trolls speech?

BTC: 1FJ6nP3BmEDrpGZP5UtaGUrssV3A6rnhpU
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