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Who is the ultimate authority that manages what is redlisted? Since Bitcoin is a consensus network if everyone isn't using the same redlist it will lead to many forks.
If your wallet has a lot of addresses it will have a significant impact on performance as the Bitcoin client will be scanning new inputs and checking them against each "address" you own.
Re: Is there any difference in the 64bit/32bit bitcoin-qt?
Currently Bitcoin doesn't work like torrents where a file is broken into multiple pieces and you download these pieces from multiple peers. With Bitcoin you will download from a single peer. If that peer is slow than your download will be slow. You can try deleting peers.dat file and restarting your client, you might get lucky and connect to a faster peer. Or you can download the blockchain as a torrent. Also make sure your cpu and hdd are not the bottlenecks.
Re: How does pool mining and mining work under the hood?
Quote
How about within the miner program running on machine with multiple mining devices (ASIC, GPU, etc), does the work gets divided down? I would suppose so right?
Yes. Most pools use an extraNonce2 size of 4 bytes which gives each miner 2^32 different block headers that can be created from a single workload. The mining program can than split all this work up to all the different devices connected to it.
Re: "Dirty Deals in Smoke-Filled Rooms" J. Ranvier discusses a Mike Hearn proposal
This is the epitome of crying wolf. Mike, like many people before him, proposed an idea. That idea was was dissected finding most of its faults. That's all that happened. There were no "Dirty Deals in Smoke-Filled Rooms", the mailing list is public and anyone can propose an idea there. Since the development mailing list is full of people who actually understand how Bitcoin works on a technical level it's the best place to propose changes to Bitcoin as you'll get responses from people who actually know what they're talking about. On this forum you would get a bunch of emotionally charged responses from people who have never seen a line of Bitcoin code.
You can join the mailing list here: https://lists.sourceforge.net/lists/listinfo/bitcoin-development
Mike's controversial idea is neither the first nor the last that will likely not make it on this forum for the simple reason that such ideas will die very quickly on the mailing list. Only the ones that gain traction will eventually be discussed here, just search the payment protocol proposal for an example.
You can join the mailing list here: https://lists.sourceforge.net/lists/listinfo/bitcoin-development
Mike's controversial idea is neither the first nor the last that will likely not make it on this forum for the simple reason that such ideas will die very quickly on the mailing list. Only the ones that gain traction will eventually be discussed here, just search the payment protocol proposal for an example.
Quote
It is, in fact NOT an outrageous idea that the Bitcoin protocol evolves such elements in order to 'fight crime'.
What is crime? Who gets to define it? A lot of people, including myself, consider Bitcoins neutrality to be a fundamental part of the protocol.I use Netbeans but for a program the size of Bitcoin Core/Wallet you'll need an SSD otherwise parsing can take an eternity.
Re: How does pool mining and mining work under the hood?
I don't have the knowledge to answer 1 but I can answer the others.
A miner will get the entire transaction then check that its script is valid and follows all protocol rules. If its priority is high enough the hash of this transaction will be added to the list of transactions to be mined aka build merkle root.
There are many ways to do pool mining I'll give an intro to the stratum protocol as it's the most used.
With the stratum protocol each worker is given an ExtraNonce1, which is essentially the workers id each worker will have a different ExtraNonce1, and the size of ExtraNonce2, the number of bytes the worker can iterate. Example ExtraNonce1 "08000002" and ExtraNonce2 4. Each worker is also given enough information to build a unique block header: hash of previous block, coinbase1 script, coinbase2 script, list of merkle branches, block version, bits, and time.
Coinbase1 + ExtraNonce1 + ExtraNonce2 + coinbase2 = the coinbase transaction, this is the transaction where the miners reward goes to. The workers receive coinbase1 and coinbase2 they can not change it.
Once the the coinbase transaction is created it is combined with the merkle branches to create a merkle root. At this point the worker has all the components to create a header which can be worked on by incrementing the standard nonce.
02000000 Version
5655640000.... previous block
354685498b.... merkle root
50ff00ea time
f2b9441a bits
00000001 nonce ( this gets incremented )
Once the nonce runs out the worker increments ExtraNonce2 and creates a new coinbase transaction hash which leads to a new merkle root which means the nonce can be started at 0 again.
Most pools will add new transactions to be worked on every 30 seconds.
Quote
2. It's often cited that if you don't include transaction fee the miners won't include the transaction for a long time and if you do include the fee it will get 1 confirmation every 10 minutes. How do miners "know" that transaction fee is included if they work on hashes of transactions?
A miner will get the entire transaction then check that its script is valid and follows all protocol rules. If its priority is high enough the hash of this transaction will be added to the list of transactions to be mined aka build merkle root.
Quote
3. How does pool mining work?
I understand that each individual miner is handed a piece of the puzzle to solve.
Each pool miner isn't a node in the network.
Pool software is a node in the network
I understand that each individual miner is handed a piece of the puzzle to solve.
Each pool miner isn't a node in the network.
Pool software is a node in the network
There are many ways to do pool mining I'll give an intro to the stratum protocol as it's the most used.
With the stratum protocol each worker is given an ExtraNonce1, which is essentially the workers id each worker will have a different ExtraNonce1, and the size of ExtraNonce2, the number of bytes the worker can iterate. Example ExtraNonce1 "08000002" and ExtraNonce2 4. Each worker is also given enough information to build a unique block header: hash of previous block, coinbase1 script, coinbase2 script, list of merkle branches, block version, bits, and time.
Coinbase1 + ExtraNonce1 + ExtraNonce2 + coinbase2 = the coinbase transaction, this is the transaction where the miners reward goes to. The workers receive coinbase1 and coinbase2 they can not change it.
Once the the coinbase transaction is created it is combined with the merkle branches to create a merkle root. At this point the worker has all the components to create a header which can be worked on by incrementing the standard nonce.
02000000 Version
5655640000.... previous block
354685498b.... merkle root
50ff00ea time
f2b9441a bits
00000001 nonce ( this gets incremented )
Once the nonce runs out the worker increments ExtraNonce2 and creates a new coinbase transaction hash which leads to a new merkle root which means the nonce can be started at 0 again.
Quote
4. When you are mining you are combining transactions + nonce to create the winning hash, but transactions are constantly flowing in. How is that handled?
Most pools will add new transactions to be worked on every 30 seconds.
ASICMiner Direct Share Auction 10 Shares Starting Bid 0.60 Ends 03/16 21:00 GMT
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Hash: SHA1
Up for auction are 10 Direct ASICMiner shares.
Terms:
Starting Bid: 0.60 Bitcoins
Minimum increment: 0.01 Bitcoins
Minimum shares: 1
Buyer may use escrow but is responsible for all fees.
Auction ends on 03/16/2014 21:00 GMT
Starting from end of auction future dividends will be forwarded until share transfer is complete.
1KtBkGT86QiL1t15YiYHc5Z9BWbmBDk4m
There are 10 shares assigned to 1KtBkGT86QiL1t15YiYHc5Z9BWbmBDk4m GoldenWings91 of Bitcointalk.org, gpg id 65F59433, has the right to sell them. 07/03/2014 18:13 GMT
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"Can't wait to see an ASIC board"
~ friedcat 03/12/2012
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Hash: SHA1
Up for auction are 10 Direct ASICMiner shares.
Terms:
Starting Bid: 0.60 Bitcoins
Minimum increment: 0.01 Bitcoins
Minimum shares: 1
Buyer may use escrow but is responsible for all fees.
Auction ends on 03/16/2014 21:00 GMT
Starting from end of auction future dividends will be forwarded until share transfer is complete.
1KtBkGT86QiL1t15YiYHc5Z9BWbmBDk4m
There are 10 shares assigned to 1KtBkGT86QiL1t15YiYHc5Z9BWbmBDk4m GoldenWings91 of Bitcointalk.org, gpg id 65F59433, has the right to sell them. 07/03/2014 18:13 GMT
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"Can't wait to see an ASIC board"
~ friedcat 03/12/2012
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Re: **Breaking news** Satoshi Nakamotos identity revealed
Anyone who wants to claim to being Satoshi the creator of Bitcoin can prove it by decrypting this message:
Code:
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http://www.liveleak.com/view?i=a25_1393030880 Killing your own people because someone told it's ok 
EDIT: skip 10 min in to see protesters being picked off
EDIT: skip 10 min in to see protesters being picked off
Re: Cannot catch up with the blockchain - block download too slow
Syncing to the network after a nights sleep usually took me a half hour to an hour. I didn't think much of it since I run my node behind tor and thought tor is the bottleneck. Then I bought an ssd and now syncing to the network takes about two minutes 
while still behind tor. Are you sure your hard drive isn't the bottleneck?
If you want to test whether the problem is in your end I can pm you the ip of my node you can then connect to it directly, I have 5MB uplink and am not throttling anything.
while still behind tor. Are you sure your hard drive isn't the bottleneck? If you want to test whether the problem is in your end I can pm you the ip of my node you can then connect to it directly, I have 5MB uplink and am not throttling anything.
Code:
-connect=
You can downloads most of the blockchain as a torrent: https://bitcointalk.org/index.php?topic=145386.160
Re: ASICMiner 10 Direct Share Auction Starting Bid 0.50
Yeah sorry, good luck next time
