BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg

[Karartma1]

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Last question:

So you have a local network at home. You have two computers. Computer A finds a stake, signs it, sends to computer B who signs it with their 2nd key sends back to A who sends the complete TX to the network!

Does this slow down the broadcasting time a bit? If another peer finds a stake before me while my multisig staking is doing that process do I lose my stake? In the end it's about broadcasting it before others.
In any case, I think this is a great step forward.

That's a very good question. Yes that depends on where the 2nd location is. It is less than a fraction of a second. On my LAN it's extremely fast. As you all know with online and network games there is low latency.

And actually the question is moreso how often you check to see if you have won. Rat4 recommend it's redundant to check more than every 16 seconds. But in Halo/Bitbay we check every 7. So perhaps that even gives us a tiny advantage. Also, because of the p2sh stake it lets our frozen coins stake which helps our chances of finding one in the first place. So unless your server lags there is no major difference.

Thank you David, I've learned something new.
 I can now leave you to your work. Keep it up!
About Qtum there's not much to comment, that's the right ending for the story

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[gjsteele71]

Someone is dropping millions of BAY on the market today... do we know anyone who has a few million BAY laying around and might be upset about something?

Another buying opportunity... maybe the last.

[R-J-F]

Someone is dropping millions of BAY on the market today... do we know anyone who has a few million BAY laying around and might be upset about something?

Another buying opportunity... maybe the last.

Was there that much in the bad guys remaining accounts? Looks like an exit...

[dzimbeck]

Someone is dropping millions of BAY on the market today... do we know anyone who has a few million BAY laying around and might be upset about something?

Another buying opportunity... maybe the last.

If it is, that's who we want out. Slack says they didn't have much left

[Karartma1]

That's good. Better to have some new people onboard 

[aidia]

Someone is dropping millions of BAY on the market today... do we know anyone who has a few million BAY laying around and might be upset about something?

Another buying opportunity... maybe the last.

Was there that much in the bad guys remaining accounts? Looks like an exit...

AKA Revenge Dump 

[cryptohunter]

Someone is dropping millions of BAY on the market today... do we know anyone who has a few million BAY laying around and might be upset about something?

Another buying opportunity... maybe the last.

Was there that much in the bad guys remaining accounts? Looks like an exit...

AKA Revenge Dump 

It's kind of true really what has been said here. I mean if these people did not actively try to destroy bay after extracting all the dev funds then most of us here would never had a chance to perhaps aquire bay at the levels we have done.

So although it's great they are all pariahs to this community now they in a way have given many who missed the ico an opportunity to aquire a larger % of bay than they would have been able too if this had not happened.

I guess the main person they screwed was david and he has come through this to end up  a kind of hero in the community and has gained trust and recognition which will serve him very well in the future.

I like their revenge I didn't think we would get another chance at the 105-120 range again.

[altcoinrich]

You should ask Steven Dai, aka Patrick Dai to return the money which he scammed you, Qtum foundation now know this scandal, hope they will report police to catch Patrick Dai.

Han Lin at Bter is a scammer too, I am happy to see Bter was hacked twice, NXT and BTC major hacks made Bter miserable, since they are scam site, so I don't show any sympathy on them. They deserve it.

[Medow]

Han Lin at Bter is a scammer too, I am happy to see Bter was hacked twice, NXT and BTC major hacks made Bter miserable, since they are scam site, so I don't show any sympathy on them. They deserve it.

Happy to see him lose customers money. That's sweet, remember it wasn't his and no doubt it is now.

[cr197]

I'm hoping the "People's Republic of China" will soon be the new owners of Bter.
Would be awesome to see it taken away from Lin.

[cr197]

Good news in regards to quantum computer attacks

https://www.cryptocoinsnews.com/101656-2/

[Karartma1]

Good news in regards to quantum computer attacks

https://www.cryptocoinsnews.com/101656-2/

Nice! this has been discussed many times around the forum but I have never heard of it in such terms

Bitcoin uses two fundamental cryptographic systems to achieve its security.
One is elliptic curve multiplication on a prime field which is a one-way function. This depends on prime function factorization mathematics that is vulnerable to quantum technology.
“The other is hash algorithms, and hash algorithms are not actually factorizable with quantum technology,” he said. “We don’t have very good algorithms for breaking hashes with Quantum computing.”
Satoshi didn’t put the elliptic curve public keys in the transactions until after they’ve been spent. A bitcoin address is a double-hashed version of a public key, meaning the public key is never seen by anyone until the user claims it by spending the transaction.

[dzimbeck]

Good news in regards to quantum computer attacks

https://www.cryptocoinsnews.com/101656-2/

Very interesting. I'm still of the belief that Quantum computers don't exist. Google might claim they have one however I believe in Nikola Tesla who was not a fan of atomic theory and side with his theories instead. He thought the belief in atomic theory was a "psychosis". I'm not throwing out double slit entirely mind you or some of the circumstantial data. But it seems like theoretical mumbo jumbo science has become the new religion. I'm not saying extremely fast computers similar to speeds boasted by Quantum computing won't happen either. They most likely will. However I don't think the key to breaking BTC will be in brute force computing, it will be in breakthroughs in math and logic.

There are other alternative explanations for double slit than a particle/wavicle/wave... people make too many assumptions based on that data and don't consider many studies have alterior motives

[dzimbeck]

You should ask Steven Dai, aka Patrick Dai to return the money which he scammed you, Qtum foundation now know this scandal, hope they will report police to catch Patrick Dai.

Han Lin at Bter is a scammer too, I am happy to see Bter was hacked twice, NXT and BTC major hacks made Bter miserable, since they are scam site, so I don't show any sympathy on them. They deserve it.

Perhaps but if I spent my life trying to chase stolen money it's like chasing my tail. May as well go after Bob with a pair of brass knuckles. And then who is next? If I made a long list of jerks to go after I would never finish. A new jerk is born every minute. Instead I want to strike at the root and heart of the problem which is: How did so many people learn to be this way? How can we protect innocent people from having those things happen to them? Can we stop the propaganda machine that teaches people to be this way? Can we teach our kids to be better? Can we be better?

Those are preliminary questions. With free will we know we can't change the heart of men. Even trying makes us no better than our power hungry governments. We need to find the root of the problem. What inspires people to be this way? The media is a good place to start searching.

[R-J-F]

Good news in regards to quantum computer attacks

https://www.cryptocoinsnews.com/101656-2/

Very interesting. I'm still of the belief that Quantum computers don't exist. Google might claim they have one however I believe in Nikola Tesla who was not a fan of atomic theory and side with his theories instead. He thought the belief in atomic theory was a "psychosis". I'm not throwing out double slit entirely mind you or some of the circumstantial data. But it seems like theoretical mumbo jumbo science has become the new religion. I'm not saying extremely fast computers similar to speeds boasted by Quantum computing won't happen either. They most likely will. However I don't think the key to breaking BTC will be in brute force computing, it will be in breakthroughs in math and logic.

There are other alternative explanations for double slit than a particle/wavicle/wave... people make too many assumptions based on that data and don't consider many studies have alterior motives

Quantum computers exist just like interstellar travel exists, in the minds of dreamers and researchers. Neither will happen in our lifetime.
Even if we can spin one atom to the left and one to the right, that's as far from a practical, working computer like device as the Earth is from the nearest star. I don't know about you but, I know pretty much for sure I wont be vacationing on Alpha Centauri...

[dzimbeck]

Good news in regards to quantum computer attacks

https://www.cryptocoinsnews.com/101656-2/

Very interesting. I'm still of the belief that Quantum computers don't exist. Google might claim they have one however I believe in Nikola Tesla who was not a fan of atomic theory and side with his theories instead. He thought the belief in atomic theory was a "psychosis". I'm not throwing out double slit entirely mind you or some of the circumstantial data. But it seems like theoretical mumbo jumbo science has become the new religion. I'm not saying extremely fast computers similar to speeds boasted by Quantum computing won't happen either. They most likely will. However I don't think the key to breaking BTC will be in brute force computing, it will be in breakthroughs in math and logic.

There are other alternative explanations for double slit than a particle/wavicle/wave... people make too many assumptions based on that data and don't consider many studies have alterior motives

Quantum computers exist just like interstellar travel exists, in the minds of dreamers and researchers. Neither will happen in our lifetime.
Even if we can spin one atom to the left and one to the right, that's as far from a practical, working computer like device as the Earth is from the nearest star. I don't know about you but, I know pretty much for sure I wont be vacationing on Alpha Centauri...

Hahaha well perhaps I'm going to plead the 5th on my opinions of modern astronomy perhaps this comment alone infers a lot. Hahahahahah

Let me just put it mildly by saying people should first question if what they are being taught is true and then question the premises of the foundations of pseudoscience theories.

Here is the thing: we can build a computer without even knowing what it truly is.

In the words of the great Tesla:

[Karartma1]

Or even this

[R-J-F]

Or even this

That's great! I love it.. 

[dzimbeck]

Or even this

That's great! I love it.. 

I'm archiving this meme... so awesome

[Karartma1]

It should be a modified version of one of Albert Einstien's quotes