Post
Topic
Board Securities
Re: [Bitfunder]&[WeExchange] WARNING! The Fall of Ukyo!
by
Bananery
on 11/11/2013, 13:02:19 UTC

Hi Ukyo,

Has it occurred to you that you could use Amazon's EC2 to spin up a dozen machines to process payments in parallel?  They'd still have to be done by hand probably, and they'd all need a copy of the wallet, but each transaction could be processed independently without blocking the others.

* If you want some advice or help on how to get this done effectively, PM me and I'll give you tips/commands.

Hello Ukyo, try this or something else. Why don't get more CPU power from somewhere, so it will take 1 minute instead of 30? You know the time depends on how much computation power you got, right?

I don't think this can be distributed. There's a good chances the instances would try to spend the same coins... only one can win because, you know, bitcoin has measures against double spend attacks Wink.

maybe I misunderstand, though?


Are you sure you can't clone the system and then send different transactions? Wouldn't the wallet client just make sure that there are coins to spend and updates the wallet automatically from the network if there were made transactions from another instance of the wallet?

And if you can't do that, then would it make sense to get as fast machine as possible? So if Ukyo puts the client on a twice as fast machine, the numbers of sends would double?

Edit.
In this thread https://bitcointalk.org/index.php?topic=224619.0 they are talking it's possible with many clients, as long as you don't spend coin on an empty wallet. If there are funds in the wallet for all transactions, then it should be possible.