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Showing 20 of 42 results by Adlai
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Board Development & Technical Discussion
Re: Payment Channel Payouts: An Idea for Improving P2Pool Scalability
by
Adlai
on 09/11/2017, 03:00:27 UTC
I remain unconvinced that segwit payment channels are necessary for an incremental improvement. You're welcome to believe in the God of Gaps, but code is written by people and unless you lock them in a hotel room and pay both the cleaning and writing bills (not to mention plumbing, electricity, faraday cage maintenance, etc), people write code slowly and generally pick the lowest-hanging fruit off the least-forbidding tree.

Why not just mine to a multisig of the smallest N miners, and leave them to coordinate between them how the payouts are distributed? This can start out as manual config mediated by a trusted Mth party, and evolve into all your payment channel voodoo wowee.
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Board Service Announcements
Re: The lagest Bitcoin mixer is about to stop working
by
Adlai
on 24/07/2017, 04:01:58 UTC
As the old saying goes:

"It's never to late to learn to play the pianooperate JoinMarket"

https://github.com/joinmarket-org/joinmarket/wiki

tl;dr: Bitmixer might have been the largest centralized mixer, but JM is the largest decentralized mixer, and all you hot wallet operators should have been investing your spare coin in it, yesterday.
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Board Service Announcements
Re: [ANN] Joinmarket - Coinjoin that people will actually use
by
Adlai
on 22/03/2016, 09:09:43 UTC
How does this compare with darkwallet?

It's not possible to "invest" in DarkWallet.

JoinMarket lets you invest your held coins in a wallet which performs coinjoins with those who are willing to compensate you for the risk of using a hot wallet.
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Board Service Announcements
Re: [ANN] Joinmarket - Coinjoin that people will actually use
by
Adlai
on 30/12/2015, 09:46:04 UTC
After beta period, Is the code/protocol for JoinMarket (I didn't review it) gonna be ready for scalability and adoption/mixing of ('most liquid') altcoins like Litecoin?
  • There's no beta, JoinMarket works today.
  • It should work on any blockchain that is supported by libsecp256k1 or pybitcointools, and has a bitcoin-core-like API
  • I didn't review the code either, it's a horrible mess. Maybe you can clean it up while/insteadof porting it to your shitcoin of choice.
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Board Service Announcements
Re: [ANN] Joinmarket - Coinjoin that people will actually use
by
Adlai
on 21/12/2015, 13:32:07 UTC
could someone who is using coinjoin maker option explain ELI5 how to do it and how much they can earn? thank you

ELI5: You read the fine wiki and follow the instructions step by step. You may find the TailsJoin Installation Guide clearer for the first steps, although it doesn't cover the yield generator.

As far as earnings go, the current situation suggests that you'll earn roughly the same amount as you'll spend on transaction fees. If you provide liquidity perpetually without ever initiating transactions yourself, you'll be lucky to net a single percent gain after a year.

Disclaimer: this back-of-the-envelope calculation was performed on a virtual envelope using invisible ink. I suggest you run a yield generator for a couple weeks and extrapolate from your own experience.
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Board Service Announcements
Re: [PSA] Yield Generators should stop using the Hidden Service
by
Adlai
on 15/12/2015, 18:31:58 UTC
It's always been the case that yield generators using Tor should connect to CGAN directly, rather than using the hidden service. Tor hidden services provide privacy for the server, which is irrelevant in our case: yield generators are still IRC clients, connecting to a server with known identity. Using the hidden service also incurs higher latency, as it requires a larger number of Tor circuits.

This is fucking bullshit. Fuck this project, you are all a bunch of idiots without a shred of common sense amongst you. Good fucking bye.

Please aim your rhetoric at ideas rather than personalities.

Why do you think we should encourage people to use the hidden service?
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[PSA] Yield Generators should stop using the Hidden Service
by
Adlai
on 15/12/2015, 11:10:02 UTC
It's always been the case that yield generators using Tor should connect to CGAN directly, rather than using the hidden service. Tor hidden services provide privacy for the server, which is irrelevant in our case: yield generators are still IRC clients, connecting to a server with known identity. Using the hidden service also incurs higher latency, as it requires a larger number of Tor circuits.

There's a PR open which will ignore multiple liquidity offers from the same hostmask. Roughly speaking, the probability weighing for the hidden service will be shared between all liquidity connecting to it. Please do the profitable thing and move your liquidity to direct connections.

tl;dr: Yield generators can use Tor, but should not use the hidden service.
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Re: [ANN] Joinmarket - Coinjoin that people will actually use
by
Adlai
on 30/07/2015, 23:11:18 UTC
I'm just learning about joinmarket, so please forgive if this is a dumb suggestion, already implemented, or whatever.
To use git terminology, the plumbing exists, but you've either got to get out a pipe wrench or wait for porcelain to arrive.

I was just wondering if the weaknesses quoted below could not be overcome by something like:

1) takers provide multiple receive addresses.  say a random number between 5 and 20.
2) total output payment is divided up randomly and sent to these addresses.
3) each payment is time delayed by a random amount between 60 seconds and max secs, where the taker can define max secs.

Code:
python tumbler.py --help
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Board Service Announcements
Re: [ANN] Joinmarket - Coinjoin that people will actually use
by
Adlai
on 18/07/2015, 23:39:22 UTC
What is "seed"?

Judging by your previous snippet, you'll want to put wallet.json as the "seed". The name is a leftover from the testnet days when you could directly give a wallet seed on the command line, which doesn't work on mainnet anymore.
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Board Project Development
Re: I am bored with Bitcoin!
by
Adlai
on 16/07/2015, 10:13:29 UTC
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Board Service Announcements
Re: [ANN] Joinmarket - Coinjoin that people will actually use
by
Adlai
on 03/07/2015, 02:39:56 UTC
On other topics

  • The rates in the orderbook are really low now. Maybe this is where the market will end up but I also suspect some people are offering really low rates because they believe in Joinmarket and want to provide early-on liquidity. This is counterproductive though because it discourages investors from joining. When a prospective investor sees that there is 140 BTC at 0.03% there is no reason for them to offer 100 BTC at a higher (normal?) rate.


Bear in mind that the advertised rates are per transaction. If you average one transaction per day at 0.03%, that's a monthly return closer to 1%. It's not yet clear what frequency individual investors can expect, but we've started working on a tool for detecting likely Joinmarket activity in the blockchain, and guessing the earned fees.
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Re: Cryptowatch - real-time charts and personalized trading analysis
by
Adlai
on 25/03/2015, 10:26:14 UTC
Anybody else seeing such corruption?

http://i.imgur.com/lgVy0qA.png

Also, my BTCe key gets forgotten after a short while.
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Board Service Announcements
Re: Cryptowatch - real-time charts and personalized trading analysis
by
Adlai
on 13/01/2015, 12:09:28 UTC
Could you please fix the time & sales display? Repeated trades on the same price always show up as green even if they were on the bid. But they should be only green when on the ask and red when on the bid.

The logic is: red = price is lower than the last trade, green = price is higher. But you're right, trades at a repeated price should stay the same color, but they are all green. I swear I thought I fixed that last week...

Anyway, pushed a change which fixes that. Repeated prices now maintain the color of the previous trade (red or green).

Thanks for saying something.

During the high volume in the past few minutes, all the exchange indicators have been red for me, despite the changes being in both directions.
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Re: Cryptowatch - real-time charts and personalized trading analysis
by
Adlai
on 26/12/2014, 11:53:23 UTC
Please add the ability to replace API keys.
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Board Service Announcements
Re: Cryptowatch - real-time charts and personalized trading analysis
by
Adlai
on 17/12/2014, 11:36:10 UTC

I designed it to work that way because I assumed what you describe was developed for the traditional financial markets which opened and closed every day, and therefore didn't always have a continuous seam of trading between each candle. Perhaps my take on it is traditionally wrong.


I suppose the gaps are typically a lot larger when a market closes overnight, but that method is used on all charts in the financial world, regardless of timeframe. In a fast moving or illiquid market, there may be gaps even on 1-minute candles. By treating the first trade in that time period as the open of the candle it gives an accurate picture of the true range that traded for that candle.

For comparison, BitcoinWisdom offers both "CandleStick" and "CandleStickHLC". The former counts the first trade in the period as the open, and the latter uses the previous period's close.
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Re: Cryptowatch - real-time charts and personalized trading analysis
by
Adlai
on 10/12/2014, 14:08:46 UTC
The Bitstamp order book graph looks a bit funky today:

http://i.imgur.com/8t40NYa.png

Wow, what the hell. I'll look into this. Seems to just be theirs so maybe it's the data we're getting back from their API.

Garbage in, garbage out!
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Board Service Announcements
Re: Cryptowatch - real-time charts and personalized trading analysis
by
Adlai
on 04/12/2014, 00:06:30 UTC
And one more question if you don't mind: when do you plan to include Kraken API compatibility?

In the next month you can expect to see API integration with both Bitstamp and Kraken.

Any update on this?
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Topic
Board Project Development
Re: Promechard: Proprietary Metablock Chains for Arbitrary Data
by
Adlai
on 17/11/2014, 09:15:16 UTC
Although your github account got deleted, there's a fork which is still accessible:

https://github.com/Indicator/bip0032sbcl
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Board Service Announcements
Re: Cryptowatch - real-time charts and personalized trading analysis
by
Adlai
on 13/10/2014, 12:25:03 UTC
Great site, starting to replace BitcoinWisdom for me for when I want to watch my bot's real-time interaction with the market.

Any chance on adding the TH1BTC derivative on Bitfinex? This should be as simple as adding another string to a symbols array, it's modular in their API.

It would be easy. We are going to add more BFX markets, and will look into including TH1. It doesn't really fit in with the rest of the site which is all currencies.

True, but why limit your horizons?
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Board Service Announcements
Re: Cryptowatch - real-time charts and personalized trading analysis
by
Adlai
on 13/10/2014, 08:21:31 UTC
Great site, starting to replace BitcoinWisdom for me for when I want to watch my bot's real-time interaction with the market.

Any chance on adding the TH1BTC derivative on Bitfinex? This should be as simple as adding another string to a symbols array, it's modular in their API.