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picobit
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September 16, 2013, 06:39:23 AM |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Rampion
Legendary
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Activity: 1148
Merit: 1018
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September 16, 2013, 06:42:23 AM |
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Congrats, Alan! Really excited about this!
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solex
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100 satoshis -> ISO code
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September 16, 2013, 07:03:53 AM |
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If any BF member has not voted yet - then vote for Trace Mayer. He rocks!!
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halfawake
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September 16, 2013, 07:33:49 AM |
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Congratulations! This is great news. |
BTC: 13kJEpqhkW5MnQhWLvum7N5v8LbTAhzeWj
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TierNolan
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Activity: 1232
Merit: 1083
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September 16, 2013, 08:33:13 AM |
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Big news!
Wow. Does that mean you are switching to full time work on the project (or were you already)? |
1LxbG5cKXzTwZg9mjL3gaRE835uNQEteWF
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wachtwoord
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Activity: 2324
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September 16, 2013, 08:40:59 AM |
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I doubt many people deserve it more, congrats!  What are the ideas for developing Armory as a business btw? Will everything remain open source? What are you guys planning on charging for? (I'm kinda hoping it'll be customer specific customizations  ). |
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128bpm
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Merit: 0
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September 16, 2013, 08:47:05 AM |
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Wow.
Does that mean you are switching to full time work on the project (or were you already)?
Yep, Alan will now be full time on Armory. And so will at least two other folks as well. Btw, I'm Kevin Bombino, one of the investors in the deal. I just wanted to add my congratulations to Alan. I'm thrilled to have the opportunity to support the project. |
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jim618
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Activity: 1708
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September 16, 2013, 08:56:57 AM |
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Hello Alan,
Congratulations for your funding round and also for that other thing you are involved in in a few weeks time !
These are exciting times for you !
:-)
Jim
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TierNolan
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Activity: 1232
Merit: 1083
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September 16, 2013, 09:40:34 AM |
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No if anything I bet they have two versions of the "supernode". One will be less features and for any user free of cost. Then like enterprise solution, which will come with support, and more features for a price. Really the only business model I can see working for armory.
Right, you could have a "user" version for the general public and also a version for merchants, who pay for support. The merchant version could do things like generate new public keys on the fly and track when payments come into those addresses. That would mean monitoring potentially thousands of addresses. It could also handle things like refunds. Does the payment protocol do that? It could also do the zero confirmation system. This is where a merchant connects to 20-30 peers (and does things like make sure all the IPs are from different networks). If a transaction is received on > 75% of peers and no double spend is received, then it is probably not a double spend. Ofc, that is kind of the opposite of Armory, since it is probability based security, rather than maximum security. |
1LxbG5cKXzTwZg9mjL3gaRE835uNQEteWF
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Kluge
Donator
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September 16, 2013, 09:46:00 AM |
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Mixed feelings. Both sides of those feelings probably pretty obvious. Disappointed we weren't donating enough to get the benefits of this deal done in a decentralized way. At any rate, can't wait to see what Alan & team can do! Good luck!
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Ente
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Activity: 2126
Merit: 1001
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September 16, 2013, 10:20:55 AM |
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Wow.
Does that mean you are switching to full time work on the project (or were you already)?
Yep, Alan will now be full time on Armory. And so will at least two other folks as well. Btw, I'm Kevin Bombino, one of the investors in the deal. I just wanted to add my congratulations to Alan. I'm thrilled to have the opportunity to support the project. Have a warm welcome, Kevin! Nice to have you here, looking forward for a lot of exciting stuff coming from you guys in the future! :-) Ente |
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SimonBelmond
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September 16, 2013, 11:46:31 AM |
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Congrats. Make sure Armory stays the best wallet. Oh and start a free T-Shirt promo!  I love to see that you can seriously earn a living from your hobby now. All the best. |
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goatpig
Moderator
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Activity: 3668
Merit: 1345
Armory Developer
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September 16, 2013, 11:56:21 AM |
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Gratz on the investor, I hope armory will grow into an even better wallet software. I personally hope you'll implement a mod/add-on system to allow side devs to bing in their own small contribution. I ended up helping at the very moment my help wasn't required anymore. Story of my life =P. |
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13Charlie
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September 16, 2013, 02:25:15 PM |
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Wow.
Does that mean you are switching to full time work on the project (or were you already)?
Yep, Alan will now be full time on Armory. And so will at least two other folks as well. Btw, I'm Kevin Bombino, one of the investors in the deal. I just wanted to add my congratulations to Alan. I'm thrilled to have the opportunity to support the project. Thank you Kevin, and of course, Thanks, as always to Alan |
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cp1
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September 16, 2013, 03:06:37 PM |
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As a developer I'd love to have a programmatic access to Armory - sure I can use Bitcoind RPC but Armory has a lot of great features.
Maybe they can charge for support, supernode access?
There is already programmatic access. The c++ functions are neatly callable through python. |
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etotheipi (OP)
Legendary
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Activity: 1428
Merit: 1093
Core Armory Developer
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September 16, 2013, 03:14:08 PM |
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Gratz on the investor, I hope armory will grow into an even better wallet software. I personally hope you'll implement a mod/add-on system to allow side devs to bing in their own small contribution.
I ended up helping at the very moment my help wasn't required anymore. Story of my life =P.
Thanks everyone, and you too goatpig! Your help was actually tremendous. Just because I have full time people helping doesn't mean that we no longer will need help from the community! We actually have already tried out your solution and it appears to take us much further than we got before! So I'm glad you helped, and I think you deserve the 2 BTC. Though, I just realized that your solution uses a very old version of LevelDB ... I haven't tried merging that project with the latest LevelDB, but we will need to do that eventually. As a developer I'd love to have a programmatic access to Armory - sure I can use Bitcoind RPC but Armory has a lot of great features.
Check out armoryd.py. After this next update, armoryd.py will be stable, and you can access everything that Armory GUI can do through python. It's already setup as an RPC server, but of course it currently uses a lot of RAM, and additionally crashes on each blockfile split (about once a week). For reference, I even have unit tests for blockfile splits, and they pass... but somehow it still crashes when run on the live network  I've already confirmed the new version doesn't suffer from this problem. While you can use armoryd.py as an RPC server (a very minimal one), I'd actually recommend using it as a template for just creating your own armoryd.py which is fully customized for your use case. Now that it will be stable with the next release, I'll spend some effort upgrading it with some more functionality, which will make it more useful both as a server, and as example code for modifying it yourself. |
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BCB
CTG
VIP
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BCJ
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September 16, 2013, 03:20:14 PM |
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Congratulations Alan! Great news.
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cypherdoc
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Activity: 1764
Merit: 1002
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September 16, 2013, 03:38:27 PM |
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someone catch me up on what the new beta version does.
is it still dependent on and open Bitcoin-qt? or is it standalone with it's own DB. any significant differences otherwise with 0.88.1 on mac osx?
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cp1
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September 16, 2013, 03:42:11 PM |
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someone catch me up on what the new beta version does.
is it still dependent on and open Bitcoin-qt? or is it standalone with it's own DB. any significant differences otherwise with 0.88.1 on mac osx?
It is still dependent on bitcoin-qt, but it maintains a second blockchain database on your HDD instead of keeping it in RAM. So it uses much less memory. But it doesn't communicate with other bitcoin nodes, so it can't download blocks itself. |
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cypherdoc
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Activity: 1764
Merit: 1002
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September 16, 2013, 03:49:12 PM |
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someone catch me up on what the new beta version does.
is it still dependent on and open Bitcoin-qt? or is it standalone with it's own DB. any significant differences otherwise with 0.88.1 on mac osx?
It is still dependent on bitcoin-qt, but it maintains a second blockchain database on your HDD instead of keeping it in RAM. So it uses much less memory. But it doesn't communicate with other bitcoin nodes, so it can't download blocks itself. so the "2nd DB" is somehow different than the Bitcoin-qt DB? sounds redundant. does it double the HDD requirements? i'm also not seeing any download links on the website for the new version. am currently runnng 0.88.1 on mac os. looks like my 0.88.1 is already the latest version? |
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