ijphlrnxewho (OP)
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November 05, 2013, 06:01:22 AM
Last edit: November 12, 2013, 06:26:52 AM by Actor_Tom_Truong |
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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Melbustus
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November 05, 2013, 06:12:14 AM |
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Old and overblown news. Here's the more detailed tech thread on it, which notes, among other things, that the basic idea of this attack has been discussed for 3 years now: https://bitcointalk.org/index.php?topic=324413.0Something to be addressed long-term, but not a big deal. This thread's title is pretty misleading once you understand the issue. |
Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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keatonatron
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Jack of oh so many trades.
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November 05, 2013, 06:14:43 AM |
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Solving a puzzle gives miners a much higher chance of solving the next one As far as I know, that's not how it works. Is it? |
1KEATSvAhbB7yj2baLB5xkyJSnkfqPGAqk
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gannicus
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November 05, 2013, 07:19:25 AM |
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What everyone does when they "discover" a flaw to get bitcoins easily:
1. Get bitcoins easily, and then go do media with proof of what they did and could do
2. Claims they know how to do it <---------------
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BittBurger
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November 05, 2013, 02:14:41 PM |
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You're going to see more and more of these nonsense articles as Visa and Mastercard and the Banks start to worry for their profits.
Scaring people away from Bitcoin will be the most effective and common way to stifle its growth.
One mention of "hackers" and most people would never put their money into such a risky environment.
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Coinseeker
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November 05, 2013, 04:11:13 PM |
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You're going to see more and more of these nonsense articles as Visa and Mastercard and the Banks start to worry for their profits.
Scaring people away from Bitcoin will be the most effective and common way to stifle its growth.
One mention of "hackers" and most people would never put their money into such a risky environment.
Except Visa and Mastercard have nothing to fear from Bitcoin, since Bitcoin doesn't scale and could never handle the transaction volume of either. Let's not even start with banks and actual real world currencies.  |
If your ignore button isn't glowing, you're doing it wrong.
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Rassah
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November 05, 2013, 04:13:55 PM |
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You're going to see more and more of these nonsense articles as Visa and Mastercard and the Banks start to worry for their profits.
Scaring people away from Bitcoin will be the most effective and common way to stifle its growth.
One mention of "hackers" and most people would never put their money into such a risky environment.
Except Visa and Mastercard have nothing to fear from Bitcoin, since Bitcoin doesn't scale and could never handle the transaction volume of either. Let's not even start with banks and actual real world currencies. According to people who actually know what they are talking about ( https://en.bitcoin.it/wiki/Scalability) Bitcoin scales quite well, and can easily do many times the transaction volume of Visa and Mastercard. |
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fghj
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November 06, 2013, 07:33:15 PM |
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What everyone does when they "discover" a flaw to get bitcoins easily:
1. Get bitcoins easily, and then go do media with proof of what they did and could do
2. Claims they know how to do it <---------------
3. Bitcoin is broken srsly send 1BTC to 1totallynotmineaddress and it will send you back 2, hurry before they patch it up  |
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ijphlrnxewho (OP)
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November 07, 2013, 08:27:47 AM |
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ijphlrnxewho (OP)
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November 10, 2013, 08:30:16 AM |
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Barek
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November 10, 2013, 08:42:43 AM |
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It's getting old.
Amazing how much coverage a half baked paper gets that has not even been peer reviewed, yet.
The "problem" has been discussed years and years ago.
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freedomno1
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Learning the troll avoidance button :)
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November 10, 2013, 08:46:10 AM |
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Mumble take over the testcoins lol practice for the real thing  |
Believing in Bitcoins and it's ability to change the world
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Raoul Duke
aka psy
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November 10, 2013, 12:24:34 PM |
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Blueberry408
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One American Sumbitch Which Love 8
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November 10, 2013, 04:49:50 PM |
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It's pool mentality.. I suppose that explains all those "xyz pool is hiding block data from us" It's competitive against waves of increased hash power, but the kind of competition that US persons are not accustomed to. They risk splitting the chain each time to a degree the bitcoin supersystem May or May Not be Able to handle. Of course the typical doom is heard from the shortsighted. |
Feel free to send along any spare floating point remainders: 1CVTqVbqHTw35xGKfp4vmxggKdkMVwswtr
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Come-from-Beyond
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Newbie
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November 10, 2013, 05:22:42 PM |
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According to people who actually know what they are talking about ( https://en.bitcoin.it/wiki/Scalability) Bitcoin scales quite well, and can easily do many times the transaction volume of Visa and Mastercard. Will it be able to run on anything except NSA supercomputers then? |
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Rassah
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November 12, 2013, 05:04:32 AM |
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According to people who actually know what they are talking about ( https://en.bitcoin.it/wiki/Scalability) Bitcoin scales quite well, and can easily do many times the transaction volume of Visa and Mastercard. Will it be able to run on anything except NSA supercomputers then? You didn't read the link, as it answers that question. |
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beetcoin
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November 12, 2013, 05:14:02 AM |
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i researched a bit on the OP and he just sounds looney http://www.cuongvtruong.com/refers to himself as "his majesty the King." he is a prophetic "son of god in the 21st century." |
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Lauda
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Terminated.
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November 12, 2013, 05:58:12 AM |
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This is old news.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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Come-from-Beyond
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Newbie
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November 12, 2013, 09:48:07 PM |
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You didn't read the link, as it answers that question.
30,000 tps == 5.85 MiB/s (30000 tps * 0.2 KiB) == 493 GiB/day (5.85 MiB/s * 86400 s) If u mean SPV mode... I'm talking about the full mode. Half a terrabyte is the lowest bound assuming transactions r very small. My HDD will be filled completely within 2 days. Maybe it's just my problem. |
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