Bitcoin Forum
March 19, 2024, 01:59:30 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: 1 2 [All]
  Print  
Author Topic: Is anyone planning a push for Namecoin acceptance?  (Read 3384 times)
ripper234 (OP)
Legendary
*
Offline Offline

Activity: 1358
Merit: 1003


Ron Gross


View Profile WWW
October 08, 2011, 07:32:42 PM
 #1

Simple things, you know, like a GUI, Faucet, a few more exchanges that support it, bounties?
Or are those not important enough right now to the people working on Namecoin?

Please do not pm me, use ron@bitcoin.org.il instead
Mastercoin Executive Director
Co-founder of the Israeli Bitcoin Association
1710813570
Hero Member
*
Offline Offline

Posts: 1710813570

View Profile Personal Message (Offline)

Ignore
1710813570
Reply with quote  #2

1710813570
Report to moderator
Be very wary of relying on JavaScript for security on crypto sites. The site can change the JavaScript at any time unless you take unusual precautions, and browsers are not generally known for their airtight security.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1710813570
Hero Member
*
Offline Offline

Posts: 1710813570

View Profile Personal Message (Offline)

Ignore
1710813570
Reply with quote  #2

1710813570
Report to moderator
1710813570
Hero Member
*
Offline Offline

Posts: 1710813570

View Profile Personal Message (Offline)

Ignore
1710813570
Reply with quote  #2

1710813570
Report to moderator
bulanula
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
October 08, 2011, 07:35:43 PM
 #2

Namecoin pretty much died after it was more profitable to mine BTC. It was attacked by Satoshi complex personalities ( ArtForz, lolcust, BitcoinExpress, SAC, Tycho, MarkKarpeles etc. ) because it posed a threat to Bitcoin just like Fairbrix was attacked because it posed a threat to Tenecrapix.
ripper234 (OP)
Legendary
*
Offline Offline

Activity: 1358
Merit: 1003


Ron Gross


View Profile WWW
October 08, 2011, 07:38:50 PM
Last edit: October 08, 2011, 09:06:29 PM by ripper234
 #3

Namecoin pretty much died after it was more profitable to mine BTC. It was attacked by Satoshi complex personalities ( ArtForz, lolcust, BitcoinExpress, SAC, Tycho, MarkKarpeles etc. ) because it posed a threat to Bitcoin just like Fairbrix was attacked because it posed a threat to Tenecrapix.

I see no reason why merged mining will not become dominant. It is more profitable to mine both Namecoin & Bitcoin together, so most pools and miners should switch to that, making the network as secure as Bitcoin.

Please do not pm me, use ron@bitcoin.org.il instead
Mastercoin Executive Director
Co-founder of the Israeli Bitcoin Association
kano
Legendary
*
Online Online

Activity: 4438
Merit: 1794


Linux since 1997 RedHat 4


View Profile
October 08, 2011, 09:54:31 PM
 #4

Well technically, namecoin should have no value at all anyway.
It costs nothing to mine it if you do merged mining - i.e. it is free.

The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
(and the web site is wrong about that on the main Merged mining page saying that it doesn't do that http://dot-bit.org/Merged_Mining
I've asked more than a week ago for someone to fix that - but I guess they don't like people knowing it)

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
ripper234 (OP)
Legendary
*
Offline Offline

Activity: 1358
Merit: 1003


Ron Gross


View Profile WWW
October 08, 2011, 10:07:47 PM
 #5

Well technically, namecoin should have no value at all anyway.
It costs nothing to mine it if you do merged mining - i.e. it is free.

The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
(and the web site is wrong about that on the main Merged mining page saying that it doesn't do that http://dot-bit.org/Merged_Mining
I've asked more than a week ago for someone to fix that - but I guess they don't like people knowing it)

Wrong.

If I don't mine, the only way I can get Namecoin is by buying it. Thus, it has value.
It does't "cost nothing nothing to mine". You can say that it costs electricy to mine BTC + NMC. The fact that NMC now can be merged-mined simply means that a rational miner will switch from mining BTC to BTC+NMC, not that NMC has no value.

Why do you think it's wrong to put extra data in the blockchain? If a miner solves a BTC block, he can put pictures of Cthulu there for all I care. He solved the block, he's entitled to manipulate it as he will (within what's allowed by the protocol).

Please do not pm me, use ron@bitcoin.org.il instead
Mastercoin Executive Director
Co-founder of the Israeli Bitcoin Association
ElectricMucus
Legendary
*
Offline Offline

Activity: 1666
Merit: 1057


Marketing manager - GO MP


View Profile WWW
October 08, 2011, 10:17:24 PM
 #6



Why do you think it's wrong to put extra data in the blockchain? If a miner solves a BTC block, he can put pictures of Cthulu there for all I care. He solved the block, he's entitled to manipulate it as he will (within what's allowed by the protocol).

If everyone keeps putting junk in the blockchain it will go form GB to TB to download and use soon.
The next block is being payed for the data so what's your point?
ElectricMucus
Legendary
*
Offline Offline

Activity: 1666
Merit: 1057


Marketing manager - GO MP


View Profile WWW
October 08, 2011, 10:26:44 PM
 #7

You're right as long as I can fit the blockchain on a single harddrive I don't give a shit Tongue
And I don't think it will ever grow beyond that even if the blockchain is 10TB in 10 years if I can buy a 200TB harddrive for the same amount I'm fine.
kano
Legendary
*
Online Online

Activity: 4438
Merit: 1794


Linux since 1997 RedHat 4


View Profile
October 08, 2011, 10:28:06 PM
 #8

Well technically, namecoin should have no value at all anyway.
It costs nothing to mine it if you do merged mining - i.e. it is free.

The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
(and the web site is wrong about that on the main Merged mining page saying that it doesn't do that http://dot-bit.org/Merged_Mining
I've asked more than a week ago for someone to fix that - but I guess they don't like people knowing it)

Wrong.

If I don't mine, the only way I can get Namecoin is by buying it. Thus, it has value.
It does't "cost nothing nothing to mine". You can say that it costs electricy to mine BTC + NMC. The fact that NMC now can be merged-mined simply means that a rational miner will switch from mining BTC to BTC+NMC, not that NMC has no value.

Why do you think it's wrong to put extra data in the blockchain? If a miner solves a BTC block, he can put pictures of Cthulu there for all I care. He solved the block, he's entitled to manipulate it as he will (within what's allowed by the protocol).
LOL so you waste money on something you can get for free?
 OK I'm wrong - wrong to not do something stupid? Cheesy

The current BTC block-chain, index, address file and sundry db files is already 975Mb
The size of a single block is steadily growing with the number of transactions on average increasing over time.
Add extra data to the block-chain represents extra storage space on every HDD that is running bitcoin.
Meh trying to educate the ignorant Sad

I don't think Cthulu would fit in there unless you got a smaller pic of her:

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
ripper234 (OP)
Legendary
*
Offline Offline

Activity: 1358
Merit: 1003


Ron Gross


View Profile WWW
October 08, 2011, 10:36:52 PM
 #9

You're right as long as I can fit the blockchain on a single harddrive I don't give a shit Tongue
And I don't think it will ever grow beyond that even if the blockchain is 10TB in 10 years if I can buy a 200TB harddrive for the same amount I'm fine.

Well your net connection is not going to improve by that order of magnitude in speed so it is going to be one hell of a long download.

http://bitcoin.stackexchange.com/questions/1432/when-will-the-official-client-support-partial-blockchain-downloads

Please do not pm me, use ron@bitcoin.org.il instead
Mastercoin Executive Director
Co-founder of the Israeli Bitcoin Association
ElectricMucus
Legendary
*
Offline Offline

Activity: 1666
Merit: 1057


Marketing manager - GO MP


View Profile WWW
October 08, 2011, 10:42:44 PM
 #10

You're right as long as I can fit the blockchain on a single harddrive I don't give a shit Tongue
And I don't think it will ever grow beyond that even if the blockchain is 10TB in 10 years if I can buy a 200TB harddrive for the same amount I'm fine.

Well your net connection is not going to improve by that order of magnitude in speed so it is going to be one hell of a long download.
Well, 10 Years ago the fastest connection I could get for cheap (consumer rates) was a 512kbit cable modem link, now it's 10mbit plastic fiber link. I can't see why I wouldn't be able to get 200mbit glass fiber then. (I do pay less for net access now than back then so, yeah it probably won't improve as much as I would probably choose to pay even less than now)

oh noes.. its actually 100mbit now, screw it  Cheesy
Andrew Bitcoiner
Sr. Member
****
Offline Offline

Activity: 396
Merit: 250


Send correspondance to GPG key A372E7C6


View Profile WWW
October 08, 2011, 10:55:31 PM
 #11

You can play blackjack with your namecoins at

http://namejack21.com/nmc

MAKE MONEY! ADVERTISE FOR BITCOINS http://www.bitcoinadvertising.com
Bitcoin News Site http://coinbits.com
Bitcoin Blackjack http://bitjack21.com
Bitcoin, Darknet, IT consulting http://cryptophene.com
MaGNeT
Legendary
*
Offline Offline

Activity: 1526
Merit: 1002


Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na


View Profile WWW
October 08, 2011, 11:00:39 PM
 #12

Well technically, namecoin should have no value at all anyway.
It costs nothing to mine it if you do merged mining - i.e. it is free.

The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
(and the web site is wrong about that on the main Merged mining page saying that it doesn't do that http://dot-bit.org/Merged_Mining
I've asked more than a week ago for someone to fix that - but I guess they don't like people knowing it)

I'm mining Namecoins, so, technically, Bitcoin should have no value at all anyway.

Bitcoins cost nothing to mine it if you do merged mining - i.e. it is free.
I see Bitcoins as a bonus for mining Namecoins.
ElectricMucus
Legendary
*
Offline Offline

Activity: 1666
Merit: 1057


Marketing manager - GO MP


View Profile WWW
October 08, 2011, 11:27:52 PM
 #13

Well technically, namecoin should have no value at all anyway.
It costs nothing to mine it if you do merged mining - i.e. it is free.

The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
(and the web site is wrong about that on the main Merged mining page saying that it doesn't do that http://dot-bit.org/Merged_Mining
I've asked more than a week ago for someone to fix that - but I guess they don't like people knowing it)

I'm mining Namecoins, so, technically, Bitcoin should have no value at all anyway.

Bitcoins cost nothing to mine it if you do merged mining - i.e. it is free.
I see Bitcoins as a bonus for mining Namecoins.
Both arguments are equally invalid  Smiley
bulanula
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
October 08, 2011, 11:39:42 PM
 #14

Well technically, namecoin should have no value at all anyway.
It costs nothing to mine it if you do merged mining - i.e. it is free.

The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
(and the web site is wrong about that on the main Merged mining page saying that it doesn't do that http://dot-bit.org/Merged_Mining
I've asked more than a week ago for someone to fix that - but I guess they don't like people knowing it)

Wrong.

If I don't mine, the only way I can get Namecoin is by buying it. Thus, it has value.
It does't "cost nothing nothing to mine". You can say that it costs electricy to mine BTC + NMC. The fact that NMC now can be merged-mined simply means that a rational miner will switch from mining BTC to BTC+NMC, not that NMC has no value.

Why do you think it's wrong to put extra data in the blockchain? If a miner solves a BTC block, he can put pictures of Cthulu there for all I care. He solved the block, he's entitled to manipulate it as he will (within what's allowed by the protocol).
LOL so you waste money on something you can get for free?
 OK I'm wrong - wrong to not do something stupid? Cheesy

The current BTC block-chain, index, address file and sundry db files is already 975Mb
The size of a single block is steadily growing with the number of transactions on average increasing over time.
Add extra data to the block-chain represents extra storage space on every HDD that is running bitcoin.
Meh trying to educate the ignorant Sad

I don't think Cthulu would fit in there unless you got a smaller pic of her:


Yet more proof that Satoshi / all the other IDs came from Japan ( who the fuck is Cthulu Huh ) and we all got screwed by manga watching noodle eating geeks.
kano
Legendary
*
Online Online

Activity: 4438
Merit: 1794


Linux since 1997 RedHat 4


View Profile
October 09, 2011, 12:49:23 AM
 #15

Well technically, namecoin should have no value at all anyway.
It costs nothing to mine it if you do merged mining - i.e. it is free.

The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
(and the web site is wrong about that on the main Merged mining page saying that it doesn't do that http://dot-bit.org/Merged_Mining
I've asked more than a week ago for someone to fix that - but I guess they don't like people knowing it)

I'm mining Namecoins, so, technically, Bitcoin should have no value at all anyway.

Bitcoins cost nothing to mine it if you do merged mining - i.e. it is free.
I see Bitcoins as a bonus for mining Namecoins.
LOL clearly you don't understand how merged mining works Smiley
Go read the code then try to post that comment correctly.
(also ignore the namecoin web site coz they are actually wrong - I've even requested they correct it but they enjoy displaying false information about merged mining)

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
iopq
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500


View Profile
October 09, 2011, 01:22:55 AM
 #16

Well technically, namecoin should have no value at all anyway.
It costs nothing to mine it if you do merged mining - i.e. it is free.

The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
(and the web site is wrong about that on the main Merged mining page saying that it doesn't do that http://dot-bit.org/Merged_Mining
I've asked more than a week ago for someone to fix that - but I guess they don't like people knowing it)

I'm mining Namecoins, so, technically, Bitcoin should have no value at all anyway.

Bitcoins cost nothing to mine it if you do merged mining - i.e. it is free.
I see Bitcoins as a bonus for mining Namecoins.
LOL clearly you don't understand how merged mining works Smiley
Go read the code then try to post that comment correctly.
(also ignore the namecoin web site coz they are actually wrong - I've even requested they correct it but they enjoy displaying false information about merged mining)
explain what you mean, lol
kano
Legendary
*
Online Online

Activity: 4438
Merit: 1794


Linux since 1997 RedHat 4


View Profile
October 09, 2011, 01:34:15 AM
 #17

Well technically, namecoin should have no value at all anyway.
It costs nothing to mine it if you do merged mining - i.e. it is free.

The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
(and the web site is wrong about that on the main Merged mining page saying that it doesn't do that http://dot-bit.org/Merged_Mining
I've asked more than a week ago for someone to fix that - but I guess they don't like people knowing it)

I'm mining Namecoins, so, technically, Bitcoin should have no value at all anyway.

Bitcoins cost nothing to mine it if you do merged mining - i.e. it is free.
I see Bitcoins as a bonus for mining Namecoins.
LOL clearly you don't understand how merged mining works Smiley
Go read the code then try to post that comment correctly.
(also ignore the namecoin web site coz they are actually wrong - I've even requested they correct it but they enjoy displaying false information about merged mining)
explain what you mean, lol
Merged mining requires that it produces a special BTC block (with extra data) that it then hashes to make a valid BTC hash for a BTC block.
Only then can merged mining produce a namecoin block based on that BTC hash (extra for free)

Thus it doesn't make sense to say that you are producing namecoin blocks and getting free BTC blocks since the merged namecoin block depends on the BTC block generation and that has to be done first, not the other way around.
i.e. you can't first generate a namecoin block and hash and then use that hash in BTC.

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
iopq
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500


View Profile
October 09, 2011, 06:40:07 AM
 #18

Well technically, namecoin should have no value at all anyway.
It costs nothing to mine it if you do merged mining - i.e. it is free.

The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
(and the web site is wrong about that on the main Merged mining page saying that it doesn't do that http://dot-bit.org/Merged_Mining
I've asked more than a week ago for someone to fix that - but I guess they don't like people knowing it)

I'm mining Namecoins, so, technically, Bitcoin should have no value at all anyway.

Bitcoins cost nothing to mine it if you do merged mining - i.e. it is free.
I see Bitcoins as a bonus for mining Namecoins.
LOL clearly you don't understand how merged mining works Smiley
Go read the code then try to post that comment correctly.
(also ignore the namecoin web site coz they are actually wrong - I've even requested they correct it but they enjoy displaying false information about merged mining)
explain what you mean, lol
Merged mining requires that it produces a special BTC block (with extra data) that it then hashes to make a valid BTC hash for a BTC block.
Only then can merged mining produce a namecoin block based on that BTC hash (extra for free)

Thus it doesn't make sense to say that you are producing namecoin blocks and getting free BTC blocks since the merged namecoin block depends on the BTC block generation and that has to be done first, not the other way around.
i.e. you can't first generate a namecoin block and hash and then use that hash in BTC.
except masterpool has produced many NMC blocks, but 0 BTC blocks so far
kano
Legendary
*
Online Online

Activity: 4438
Merit: 1794


Linux since 1997 RedHat 4


View Profile
October 09, 2011, 08:14:47 AM
 #19

So what? That is as to be expected.
It still tries with every hash as I stated.

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
sd
Hero Member
*****
Offline Offline

Activity: 730
Merit: 500



View Profile
October 09, 2011, 09:49:17 AM
 #20

Yet more proof that Satoshi / all the other IDs came from Japan ( who the fuck is Cthulu Huh ) and we all got screwed by manga watching noodle eating geeks.

Cthulhu is a reoccurring character in the works of H.P Lovecraft, an American writer of short horror stories. The reference has nothing to do with manga.

Check out the books on amazon, they are well worth reading.
kano
Legendary
*
Online Online

Activity: 4438
Merit: 1794


Linux since 1997 RedHat 4


View Profile
October 09, 2011, 10:35:23 AM
 #21

Yet more proof that Satoshi / all the other IDs came from Japan ( who the fuck is Cthulu Huh ) and we all got screwed by manga watching noodle eating geeks.

Cthulhu is a reoccurring character in the works of H.P Lovecraft, an American writer of short horror stories. The reference has nothing to do with manga.

Check out the books on amazon, they are well worth reading.

Yes that's where Cthulhu 'he' originated ( http://en.wikipedia.org/wiki/Cthulhu ),
but 'she' is also a manga/anime character that I posted a pic of before
( http://www.animenewsnetwork.com/encyclopedia/anime.php?id=11791 )
Obviously from the title of the manga/anime the name was taken from the original Lovecraft story.

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
Lolcust
Member
**
Offline Offline

Activity: 112
Merit: 11

Hillariously voracious


View Profile
October 09, 2011, 10:39:19 AM
 #22

Lolz, there is a magical girl anime about Cthulhu? Lovely, gotta fire up uTorrent Wink

As for Namecoin, the people to push for its acceptance are called US law enforcement. The more domains they seize, the stronger need for Namecoin will be.

Geist Geld, the experimental cryptocurrency, is ready for yet another SolidCoin collapse Wink

Feed the Lolcust!
NMC: N6YQFkH9Gn9CTm4mpGwuLB5zLzqWTWFw67
BTC: 15F8xbgRBA1XZ4hmtdFDUasroa2A5rYg8M
GEG: gK5Lx6ypWgr69Gw9yGzE6dsA7kcuCRZRK
sd
Hero Member
*****
Offline Offline

Activity: 730
Merit: 500



View Profile
October 09, 2011, 03:25:04 PM
 #23

Yet more proof that Satoshi / all the other IDs came from Japan ( who the fuck is Cthulu Huh ) and we all got screwed by manga watching noodle eating geeks.

Cthulhu is a reoccurring character in the works of H.P Lovecraft, an American writer of short horror stories. The reference has nothing to do with manga.

Check out the books on amazon, they are well worth reading.

Yes that's where Cthulhu 'he' originated ( http://en.wikipedia.org/wiki/Cthulhu ),
but 'she' is also a manga/anime character that I posted a pic of before
( http://www.animenewsnetwork.com/encyclopedia/anime.php?id=11791 )
Obviously from the title of the manga/anime the name was taken from the original Lovecraft story.

H.P. Lovecraft inspired a very large amount of fiction, that name will have been used a great number of times. As far as I've seen nothing improves on the original works but I've not seen or read everything.

Cthulhu is only a 'he' as the English language lacks a gender neutral way of referring to a sentient being.

The picture we want to embed in the blockchain would look something like this:



bulanula
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
October 09, 2011, 03:34:34 PM
 #24

Yet more proof that Satoshi / all the other IDs came from Japan ( who the fuck is Cthulu Huh ) and we all got screwed by manga watching noodle eating geeks.

Cthulhu is a reoccurring character in the works of H.P Lovecraft, an American writer of short horror stories. The reference has nothing to do with manga.

Check out the books on amazon, they are well worth reading.

Yes that's where Cthulhu 'he' originated ( http://en.wikipedia.org/wiki/Cthulhu ),
but 'she' is also a manga/anime character that I posted a pic of before
( http://www.animenewsnetwork.com/encyclopedia/anime.php?id=11791 )
Obviously from the title of the manga/anime the name was taken from the original Lovecraft story.

H.P. Lovecraft inspired a very large amount of fiction, that name will have been used a great number of times. As far as I've seen nothing improves on the original works but I've not seen or read everything.

Cthulhu is only a 'he' as the English language lacks a gender neutral way of referring to a sentient being.

The picture we want to embed in the blockchain would look something like this:





So now it is not manga anymore and it is a "he" !? Trying to recover the scam, are we ?
makomk
Hero Member
*****
Offline Offline

Activity: 686
Merit: 564


View Profile
October 11, 2011, 09:28:15 AM
 #25

Namecoin WAS NOT designed as a vehicle to profit from, or to be easy to mine or even to be used in exchanges.

It was designed for the sole purpose of being an ALTERNATE DNS system and that's all.
Which still requires things like exchanges and nice GUIs. Even being able to access .bit domains is very user-unfriendly at the moment; actually registering them is positively painful.

Well technically, namecoin should have no value at all anyway.
It costs nothing to mine it if you do merged mining - i.e. it is free.
Right now, the software available for merged mining and the pools that support it are both a lot less tested and more unreliable than just mining Bitcoins, so there's definitely a cost to merged mining. At the moment I'm not sure the Namecoins I'm getting from MM are enough to compensate for the extra stales I'm seeing over a good BTC-only pool. Then there's the cost of developing and testing and setting up that software.

The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
36 bytes of data per block - far smaller than even the smallest Bitcoin transaction. If you do just one test transaction you're bloating up the blockchan a lot more than merged mining. (The average Bitcoin block is somewhere in the 20-30 KB range these days IIRC, and that's going to increase if Bitcoin takes off.)

Quad XC6SLX150 Board: 860 MHash/s or so.
SIGS ABOUT BUTTERFLY LABS ARE PAID ADS
kano
Legendary
*
Online Online

Activity: 4438
Merit: 1794


Linux since 1997 RedHat 4


View Profile
October 11, 2011, 11:09:02 AM
 #26

...
The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
36 bytes of data per block - far smaller than even the smallest Bitcoin transaction. If you do just one test transaction you're bloating up the blockchan a lot more than merged mining. (The average Bitcoin block is somewhere in the 20-30 KB range these days IIRC, and that's going to increase if Bitcoin takes off.)
Hmm 36? Where did you come up with that number?
The current merged BTC blocks are showing approx 46 extra bytes in the coinbase
(assuming none of the tx are fake required by namecoin - I don't know about that)

Eligius is merged mining and clearly at least one other pool since half of the merged BTC blocks say 'Eligius' before the namecoin extra crap.

Hmm be the first merged mining scamcoin and put scamcoin data in the bitcoin block-chain?
The next version of bitcoin allows for it and my request to remove merged mining from git was rejected.

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
makomk
Hero Member
*****
Offline Offline

Activity: 686
Merit: 564


View Profile
October 11, 2011, 01:25:38 PM
 #27

Hmm 36? Where did you come up with that number?
The current merged BTC blocks are showing approx 46 extra bytes in the coinbase
(assuming none of the tx are fake required by namecoin - I don't know about that)
Whoops, forgot about the merkle tree size and merkle nonce; 46 bytes is correct.

Hmm be the first merged mining scamcoin and put scamcoin data in the bitcoin block-chain?
The next version of bitcoin allows for it and my request to remove merged mining from git was rejected.
As far as I know, the code in the official bitcoin client isn't enough to trivially support merged mining with.

Quad XC6SLX150 Board: 860 MHash/s or so.
SIGS ABOUT BUTTERFLY LABS ARE PAID ADS
Gavin Andresen
Legendary
*
Offline Offline

Activity: 1652
Merit: 2164


Chief Scientist


View Profile WWW
October 11, 2011, 01:34:06 PM
 #28

The next version of bitcoin allows for it and my request to remove merged mining from git was rejected.

kano, you seem to be under the mistaken impression that I am King of Bitcoin.

I told you that if you don't like the getmemorypool RPC method, you would need to gain consensus either on the Dev&Tech section of these forums or the bitcoin-dev mailing list. That's how bitcoin works-- rough consensus, not "submit requests to the King" or "petition the Central Committee."


How often do you get the chance to work on a potentially world-changing project?
kano
Legendary
*
Online Online

Activity: 4438
Merit: 1794


Linux since 1997 RedHat 4


View Profile
October 11, 2011, 02:20:54 PM
 #29

The next version of bitcoin allows for it and my request to remove merged mining from git was rejected.

kano, you seem to be under the mistaken impression that I am King of Bitcoin.

I told you that if you don't like the getmemorypool RPC method, you would need to gain consensus either on the Dev&Tech section of these forums or the bitcoin-dev mailing list. That's how bitcoin works-- rough consensus, not "submit requests to the King" or "petition the Central Committee."


No I have already in the past stated, in your defense, that you are not King of Bitcoin Smiley
However, it did seem you had the only say in allowing that commit into bitcoin.
Of course that discussion may have occurred somewhere else, but I have no references to it (and the commit request has none either)

OK I've created a rather bias post on the subject here: https://bitcointalk.org/index.php?topic=47774.0
Bias coz that's my opinion and I'm not going to hide it Smiley

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
Iyeman
Sr. Member
****
Offline Offline

Activity: 1183
Merit: 251



View Profile
October 11, 2011, 03:57:38 PM
 #30

now it's 10mbit plastic fiber link.

Fiber is actually very fine strands of glass (usually smaller than a strand of hair) protected by plastic.



Also browsing .bits for me was simple to setup. mainly because i run my own DNS server in my home, so it took 10 minutes to add the settings for .bits to pull info from the 2 public DNS servers.

http://dot-bit.org/HowToBrowseBitDomains



▄████████████▄▄▄▄▄▄▄▄
 ████▀▀▀▀▀▀▀▀▀▀▀████████▄▄
█████                 ▀▀███▄
█████▄                   ▀██▄
███▀███▄                  ███
███  ▀████▄▄▄▄▄▄▄▄▄       ███
███     ▀▀▀▀▀███████████▄▄██▀
███                   ▀▀████
███      ▄▄▄▄▄▄▄▄▄▄██████▀▄█▄
███   ▄███████▀▀▀▀▀▀▀▀▀   ▀██
███ ▄██▀▀                  ██
██████                    ██▀
█████                   ▄██▀
▀████▄       ▄▄▄▄▄▄▄▄████▀
 ▀
█████████████▀▀▀▀▀▀▀▀
.
billionair
A TOKEN POWERED RAFFLE PLATFORM
IN THE BSC ECOSYSTEM
▄█████████████████████▄
███████████████████████
████▀███████▀   ▀▀▀▄███
███▌  ▀▀███▌       ▄███
███▀               ████
███▄              █████
████▄            ██████
█████▄▄        ▄███████
████▄       ▄██████████
███████████████████████
▀█████████████████████▀
▄█████████████████████▄
███████████████████████
████████████████▀▀█████
███████████▀▀▀    █████
██████▀▀▀   ▄▀   ██████
███▄     ▄█▀     ██████
██████▄ █▀      ███████
███████▌▐       ███████
████████ ▄██▄  ████████
██████████████▄████████
▀█████████████████████▀
▄█████████████████████▄
█████▀▀▀▀▀▀▀▀▀▀▀▀██████
███▀ ████████████ ▀████
██  ██████▀▀▀██  █  ███
██  ████▀ ███ ▀███  ███
██  ███▀ █████ ▀██  ███
██  ███▄ █████ ▄██  ███
██  █████ ▀▀▀ ████  ███
██  ██████████████  ███
███▄ ████████████ ▄████
▀████▄▄▄▄▄▄▄▄▄▄▄▄█████▀
▄███████▀▀▀▀████████▀▀▀▀█████████▄
█████▀  ▄▄██▀▀▀▀▀▀▀▀██▄▄  ▀███████
█████  ▀▀▀              ▀▀▀  █████
███                            ███
██                              ██
██        ████      ████        ██
█        ██████    ██████        █
█         ████      ████         █
█                                █
█      ▀▄▄              ▄▄▀      █
██▄      ▀▀█▄▄▄▄▄▄▄▄▄▄█▀▀      ▄██
███▄▄      ██████████      ▄▄█████
███████▄▄▄████████████▄▄▄█████████
▀████████████████████████████████▀
.
JOIN AIRDROP
bulanula
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
October 11, 2011, 10:30:24 PM
 #31

The next version of bitcoin allows for it and my request to remove merged mining from git was rejected.

kano, you seem to be under the mistaken impression that I am King of Bitcoin.

I told you that if you don't like the getmemorypool RPC method, you would need to gain consensus either on the Dev&Tech section of these forums or the bitcoin-dev mailing list. That's how bitcoin works-- rough consensus, not "submit requests to the King" or "petition the Central Committee."



All hail to the glorious leader !
jtimon
Legendary
*
Offline Offline

Activity: 1372
Merit: 1002


View Profile WWW
October 13, 2011, 03:51:10 PM
 #32

With 10x the transaction volume block size will be closer to ~500K so that 46 bytes is 0.01% additional space requirement.  Hell if you put 46 bytes from 100 different alt chains it might increase the chain 1%.

If there were 100 alt chains merged mining with bitcoin, bitcoin could be adapted to save space in merged mining.
All chains could share a merkle tree as maaku describes here:

"We've eliminated the master/alt chain distinction entirely. The mining header contains a Merkle tree of block chain headers, one for each crypto-token system. This allows infinitely many crypto-tokens to be merge-mined without affecting performance or requiring embedding portions of the master chain into the altchain."
http://www.freicoin.org/implementations-details-and-bounty-7-3-btc-t13-10.html#p158

But I don't really think that's a priority for bitcoin right now (well, your numbers kind of prove it).
I don't think that what bothers kano is not the extra data, but having other currency with the same difficulty as bitcoin's. You know, like Vladimir that sees merged-mining as "parasite the bitcoin chain and destroying the 21 M limit".


2 different forms of free-money: Freicoin (free of basic interest because it's perishable), Mutual credit (no interest because it's abundant)
Pages: 1 2 [All]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!