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Showing 20 of 27 results by HappyComplex
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Topic
Board Announcements (Altcoins)
Re: [ANN][slock.it][Company] IoT meets blockchain - A TheDAO proposal
by
HappyComplex
on 18/05/2016, 12:54:54 UTC
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Topic
Board Archival
Re: delete
by
HappyComplex
on 22/12/2015, 19:05:10 UTC
Don't know how anyone could say they didn't have fair warning
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Topic
Board Archival
Re: deleted by request
by
HappyComplex
on 22/12/2015, 19:04:01 UTC
Threads like these are reason I stopped using cryptsy 2 years ago
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Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
HappyComplex
on 22/12/2015, 18:51:43 UTC
Is RBF actually getting implemented into bitcoin?

If so, it seems like this will force people who need faster than 10 minute transactions to switch to altcoins.
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Topic
Board Hardware wallets
Re: How much would you trust trezor?
by
HappyComplex
on 21/12/2015, 14:55:48 UTC
I am sorry, but I do not see the point in wasting all the money on tenzor.  It is secure and i agree with the reviews here, but there is a cheaper way that is just as secure as wasting all this money.  Maybe down the line where the attacks on Bitcoin are more common and there are new methods of stealing it, trezor may be worth the investment, but not a this time.

When you say there is a cheaper way, I am skeptical.

The do-it-yourself method of securely storing and spending your coins involves hours of your time and buying a new laptop which never touches the internet.
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Topic
Board Off-topic
Re: The maximum bitcoin you have in total till now
by
HappyComplex
on 17/12/2015, 10:16:38 UTC
I like how most people in this thread are under-exaggerating how many coins they have for security purposes

Honestly, the most I've ever had was 0.069 btc

I cashed out for $69 when btc price hit $1000

Now I have 0 btc
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Topic
Board Hardware wallets
Re: How much would you trust trezor?
by
HappyComplex
on 15/12/2015, 03:09:18 UTC
Does trezor re-use addresses?
IIUC, the trezor device itself is not involved in that decision. It is up to the wallet that trezor uses, which can be mytrezor.com, Mycelium, Electrum, and maybe others. All of those wallets will not re-use address in their normal use.

Quote from: HappyComplex
Are coins stored on a trezor safe from quantum computers maybe 10 years in the future?
IIUC, trezor uses the same key generation and length as other Bitcoin implementations, so the risk of which you speak is no different.

Okay, yes it looks like mytrezor.com does not re-use addresses.  Leftover coins are sent to a fresh address with every transaction.

I guess this means trezor is safe from quantum attacks as well.

I was reading a thread that said addresses which have never been spent from are quantum safe:

https://www.reddit.com/r/Bitcoin/comments/3wfmg2/satoshis_unmoved_coins_are_the_worlds_biggest/
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Topic
Board Hardware wallets
Re: How much would you trust trezor?
by
HappyComplex
on 14/12/2015, 14:07:54 UTC
Does trezor re-use addresses?

Are coins stored on a trezor safe from quantum computers maybe 10 years in the future?
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Topic
Board Off-topic
Re: If You Won A Million Dollars.. How Much Bitcoin Would You Buy?
by
HappyComplex
on 12/12/2015, 17:33:10 UTC
I would put $790,000 into btc, bury $200,000 stash of gold somewhere, then travel all over the world, not giving a fuck, cashing out into whatever the local currency is as needed.
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Board Bitcoin Discussion
Re: Has Wired discovered the real Satoshi Nakamoto? (.. this time)
by
HappyComplex
on 12/12/2015, 04:33:45 UTC

I believe the dump just happened a few minutes ago
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Topic
Board Bitcoin Discussion
Re: Has Wired discovered the real Satoshi Nakamoto? (.. this time)
by
HappyComplex
on 11/12/2015, 16:39:55 UTC
I have to admit, this guy is a genius scammer.  He's like the satoshi nakamoto of bitcoin scammers.

How many hours/years did he spend crafting blog posts, pretending to have a supercomputer, forging documents, filming videos, creating bogus companies, doing bogus business deals, obtaining fake certificates, making bogus phone calls?

Can anyone think of a more legendary and elaborate scam in the bitcoin world?
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Board Bitcoin Discussion
Re: Has Wired discovered the real Satoshi Nakamoto? (.. this time)
by
HappyComplex
on 11/12/2015, 02:35:09 UTC
So do the supercomputers exist or not?

This is what I'm most interested in.
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Topic
Board Bitcoin Discussion
Re: New BIP submission
by
HappyComplex
on 07/12/2015, 22:47:38 UTC
Are you serious? don't bother, such insane block size increase would only turn nodes into a big mess perfect for datacenters to control and centralized Bitcoin. If you are still serious anyway.. you have all the info here:

https://en.bitcoin.it/wiki/Bitcoin_Improvement_Proposals

I didn't know that anyone could propose Bitcoin improvement. I think that BIP69 is a bad idea, at least at the moment.

BIP69 was actually already proposed.

Therefore, I am renaming my BIP to BIP6969
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Topic
Board Bitcoin Discussion
Re: New BIP submission
by
HappyComplex
on 07/12/2015, 21:36:09 UTC
I believe hard fork fear is blown out of proportion.

They were able to get 90% of hash power to sit together on the same stage at scaling bitcoin.  Everyone agreed the limit needed to be raised.

Doesn't seem like it would be hard to get those ~10 guys to all run software with tree fiddy MB blocksize limit.  Then the whole rest of the community follows suit and runs the same software.  Hard fork would be done no problem.  

Then fork it up to original satoshi limit of 32MB eventually and leave it at that.
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Topic
Board Bitcoin Discussion
Re: New BIP submission
by
HappyComplex
on 06/12/2015, 23:23:43 UTC
course he aint serious..
the numbers 69, 420 are the punchline to his immature joke.
give it a while and his obvious teenage brain farts will come up with a 100mb limit..
"keepin it 100"

This was a serious proposal.  You forgot to mention the first increase to tree fiddy on da first of da month.

This doesn't really seem like a real proposal. Like your wording and stuff seems pretty professional but the 2 numbers, 69 and 420 are pretty childish.

If BIP101 (a worse proposal) is accepted as a real proposal, then BIP69 is a real proposal too.

Visa is doing about 2000 transactions per second

BIP101 maxes out at 8GB, which is about 28000 transactions per second

BIP69 maxes out at 420MB, which is about 1500 transactions per second

Why does BIP101 bloat all the way up to 28k transactions per second?  Is this necessary?


BIP69 hits the sweet spot with maximum blocksize reaching 420MB around the year 2024.  This will allow for roughly the same transaction capacity as Visa
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Topic
Board Bitcoin Discussion
Re: New BIP submission
by
HappyComplex
on 06/12/2015, 21:15:33 UTC
I cant tell if this is legit or troll...

The obvious troll is in the numbers 69 and 420, please, go spread your shit on the off-topic section.

69 mb blocks? Sure, many people could fit many txes in a block that big, but why would you need one that big? Max in my opinion would be 8. But even then, that would encourage people to make no-fee transactions. I like bitcoin just as it is.

You forgot to mention the initial increase to tree fiddy:

https://www.youtube.com/watch?v=83bkpkCQu2Q


BIP101 would have us at 64MB at time of 3rd block reward halving then 1024MB at time of 4th block reward halving.

BIP69 would be 69MB then maximum 420MB.

BIP69 is LESS aggressive than BIP101.  I think we can all agree BIP69 is a good compromise.
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Topic
Board Bitcoin Discussion
Re: New BIP submission
by
HappyComplex
on 06/12/2015, 20:35:17 UTC
course he aint serious..
the numbers 69, 420 are the punchline to his immature joke.
give it a while and his obvious teenage brain farts will come up with a 100mb limit..
"keepin it 100"

This was a serious proposal.  You forgot to mention the first increase to tree fiddy on da first of da month.
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Topic
Board Bitcoin Discussion
Topic OP
New BIP submission
by
HappyComplex
on 06/12/2015, 15:38:30 UTC
Does anyone know where I can submit a new BIP proposal?

It is BIP69 and it follows a 3.50-69-420 plan

Immediate increase up to 3.50 on the first of the month

Followed by increase to 69MB at the third block reward halving in ~2020

Then increase to final cap of 420MB at fourth block reward halving in 2024


BIP69 is aggressive, but we can all agree it is obviously the best plan.
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Topic
Board Bitcoin Discussion
Re: How to earn Bitcoin with Bitcoin?
by
HappyComplex
on 18/11/2015, 12:58:22 UTC
yo dawg I herd u like bitcoins so we put bitcoin in your bitcoin so you can earn bitcoins while you earn bitcoins
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Topic
Board Hardware wallets
Re: you think Trezor is a safe way for bitcoin !
by
HappyComplex
on 15/11/2015, 18:54:08 UTC
How many bitcoins would you store on a Trezor?

Or what % of your stash would you store on a Trezor?