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Author Topic: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too  (Read 1601094 times)
os2sam
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February 26, 2012, 02:31:23 AM
 #4721

Going forward with P2SH is a significant step forward for the development of Bitcoin, we can't let one man stall it.

I'm fairly certain there is more than one man mining on Deepbit.

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?
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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February 26, 2012, 06:20:38 PM
 #4722

4Th/s this evening... nice job!

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os2sam
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February 26, 2012, 07:59:57 PM
 #4723

Going forward with P2SH is a significant step forward for the development of Bitcoin, we can't let one man stall it.

I'm fairly certain there is more than one man mining on Deepbit.

If you want to get technical, one man is mining, the rest are selling him shares for a reduced rate in exchange for variance reduction.  Wink

OK get technical, if that's what you want to call it.

The point is that Deepbit is the only pool I can go to protest this lunacy.  Nobody can/will articulate what the deficiency in the Bitcoin technology is that requires a change.  Until someone can make the case that the Bitcoin network/technology has a vulnerability which requires change, I am against it!

Meanwhile portions of the community are trying to strong arm Deepbit into taking away of the only effective voice of dissension I have available.  Not vary fair if you ask me.  Other pools have said they would setup servers to not vote for the change and I have posted my vote for that but it hasn't come to fruition, and I rather doubt that it will.
Sam

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?
os2sam
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February 26, 2012, 08:22:02 PM
 #4724

Why implement it at all?  Nobody has made a real argument which proves the need.  So, again, why?

Without getting into an argument over which multi-sig to implement, or even whether to add the current multi-sig functionality to the client so normal people can use it, there is the obvious reason that I already gave you.

More security. Simple.

Multi-sig as a security feature will provide more security than password encrypted wallets alone. Just because you don't see the need doesn't mean that need doesn't exist.

I want to stop playing whack-a-mole with wallet stealing viruses and trojans, and I think requiring more than one private key to sign away your bitcoins is the critical feature needed to do that. Keep one set of keys on your computer, another set of keys on your cell phone, teach each to talk to the other before sending out bitcoins and you're safe (as long as a virus or trojan doesn't infect BOTH your cell phone and your computer at the same time).

Full post: https://bitcointalk.org/index.php?topic=58579.msg690402#msg690402



Making changes to offset peoples irresponsibility, ignorance, laziness or other undesirable behavior is a loosing battle and impinges on that individuals freedom as well as impacts the Bitcoin network in ways that can't be foreseen.  In the future PC's and the malware associated with them may be completely obsolete for monetary transactions.  Storing on private keys on a cell phone is just crazy as smart phones and the networks they reside CANNOT be secured.
Sam

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?
os2sam
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February 26, 2012, 08:44:32 PM
 #4725

to vote the same as deepbit, all you have to do is run the stock bitcoin client.

How does running my stock bitcoin client increase the proof of work effort?  I guess I'm a little ignorant on this point?
Sam

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?
os2sam
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February 26, 2012, 08:57:44 PM
 #4726

Your argument boils down to: Bitcoin is secure enough.

Mine boils down to: let's have some options to make it even more secure.

I don't know if BIP16 is the right answer, but I sure wish I had accessible multi-sig functionality in the official client.

My argument is not "Bitcoin is secure enough".  I don't know that it is.

But the onus is on you guys to prove that "multi-sig" is necessary not on me to prove that it isn't.  The arguments for doing so can only be described as behavioral.  Making changes to overcome an individuals behavior is a no win situation.
Sam

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?
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February 26, 2012, 09:08:37 PM
 #4727

Your argument boils down to: Bitcoin is secure enough.

Mine boils down to: let's have some options to make it even more secure.

I don't know if BIP16 is the right answer, but I sure wish I had accessible multi-sig functionality in the official client.

My argument is not "Bitcoin is secure enough".  I don't know that it is.

But the onus is on you guys to prove that "multi-sig" is necessary not on me to prove that it isn't.  The arguments for doing so can only be described as behavioral.  Making changes to overcome an individuals behavior is a no win situation.
Sam
Some might say that malware developers are afraid of the change, and are attempting to delay it as long as possible by spreading FUD, and causing delays. Who are we to believe then?

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
os2sam
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February 26, 2012, 09:14:27 PM
 #4728

Multi factor authentication is more secure than single factor authentication. True or false?

Private Key + Encrypted Wallet = Two

At least that is what I learnt when I was is scrool.
Sam

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?
os2sam
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February 26, 2012, 09:20:27 PM
 #4729

Your argument boils down to: Bitcoin is secure enough.

Mine boils down to: let's have some options to make it even more secure.

I don't know if BIP16 is the right answer, but I sure wish I had accessible multi-sig functionality in the official client.

My argument is not "Bitcoin is secure enough".  I don't know that it is.

But the onus is on you guys to prove that "multi-sig" is necessary not on me to prove that it isn't.  The arguments for doing so can only be described as behavioral.  Making changes to overcome an individuals behavior is a no win situation.
Sam

Multi factor authentication is more secure than single factor authentication. True or false?

It really seems like you are opposed to providing people with better tools to secure their wallets.

I don't need to behave in any fashion, other than connecting my bitcoin client to the internet, to risk losing my wallet.

Edit: Let's not forget that multi-sig has uses other than security as well.

I oppose making changes, which will effect everyone, to solve problems, which effect a few usually irresponsible, that have already been solved.  At least without a valid reason for doing so.
Sam

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?
os2sam
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February 26, 2012, 09:36:08 PM
 #4730

Multi factor authentication is more secure than single factor authentication. True or false?

Private Key + Encrypted Wallet = Two

At least that is what I learnt when I was is scrool.
Sam

If I have the password to your encrypted wallet, I have your private keys as well. Nice try though.

Ok, I'll give you that.

I honestly think you are being intentionally obtuse. And now rude as well.


Obtuse? I may be.

Rude?  No I'm just trying to get you all to admit that there is no inherent deficiency in the Bitcoin technology that requires this change.  Or to prove that there is.

Sam

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?
os2sam
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February 26, 2012, 09:37:19 PM
 #4731

Would you guys please stop this and take it to one of the BIP 16 threads. It’s impossible to find out updates to Deepbits service with all this chatter. If I were Tycho I would be ignoring my own thread with all this extra debating going on!

Point taken.
Sorry,
Sam

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?
os2sam
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February 27, 2012, 05:18:07 PM
 #4732

[Tycho] and/or Deepbit,
Will you be posting a notice prior to implementing BIP16 voting?
Thanks,
Sam

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?
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February 27, 2012, 08:37:45 PM
 #4733

I Found two more blocks recently, And I don't know what days they were on Shocked

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February 28, 2012, 05:09:24 PM
 #4734

I Found two more blocks recently, And I don't know what days they were on Shocked

I found a block today too.

Would be nice to see the block # users have found!

If I've helped: 1CmguJhwW4sbtSMFsyaafikJ8jhYS61quz

Sold: 5850 to lepenguin. Quick, easy and trustworthy.
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February 29, 2012, 09:56:21 AM
 #4735

I Found two more blocks recently, And I don't know what days they were on :o
I found a block today too.
Would be nice to see the block # users have found!
"Your" block is marked in bold text at the stats page.

Welcome to my bitcoin mining pool: https://deepbit.net ~ 3600 GH/s, Both payment schemes, instant payout, no invalid blocks !
Coming soon: ICBIT Trading platform
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February 29, 2012, 09:59:35 AM
 #4736

[Tycho] and/or Deepbit,
Will you be posting a notice prior to implementing BIP16 voting?
Yes, a notice will be posted.
I think that I'll have to implement it in next month, but at least now you are still safe from BIP16 :)

Actually I'm a bit worried that the percentage of BIP16-supporters stopped growing.

Welcome to my bitcoin mining pool: https://deepbit.net ~ 3600 GH/s, Both payment schemes, instant payout, no invalid blocks !
Coming soon: ICBIT Trading platform
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February 29, 2012, 10:02:26 AM
 #4737

Some instant payments were delayed in the last hour, this is already fixed and you may request your payment again.
I hope no one noticed this short interruption :)

Welcome to my bitcoin mining pool: https://deepbit.net ~ 3600 GH/s, Both payment schemes, instant payout, no invalid blocks !
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February 29, 2012, 02:29:55 PM
 #4738

I Found two more blocks recently, And I don't know what days they were on Shocked
I found a block today too.
Would be nice to see the block # users have found!
"Your" block is marked in bold text at the stats page.

I'm aware of this  Wink Its just a matter of after that day is long past, you can't go back and see which blocks you found

MineTexas.com Minecraft Server We accept Bitcoin and Dogecoin.
Deepbit on Facebook: http://www.facebook.com/pages/Deepbit/151108048294815
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February 29, 2012, 04:15:28 PM
 #4739

I Found two more blocks recently, And I don't know what days they were on :o
I found a block today too.
Would be nice to see the block # users have found!
"Your" block is marked in bold text at the stats page.
I'm aware of this  ;) Its just a matter of after that day is long past, you can't go back and see which blocks you found
Actually you CAN go back all the way :)

As for showing block numbers - technically it's possible, but there is no real purpose for this. All blocks are pretty much the same anyway.

Welcome to my bitcoin mining pool: https://deepbit.net ~ 3600 GH/s, Both payment schemes, instant payout, no invalid blocks !
Coming soon: ICBIT Trading platform
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February 29, 2012, 04:18:07 PM
 #4740

Actually you CAN go back all the way Smiley

As for showing block numbers - technically it's possible, but there is no real purpose for this. All blocks are pretty much the same anyway.

Stats by date only lists 5 dates. I see no other obvious way to browse further back.

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