Search content
Sort by

Showing 20 of 22 results by MarcoTC
Post
Topic
Board Development & Technical Discussion
Re: Why a fixed transaction fee?
by
MarcoTC
on 03/04/2014, 01:05:42 UTC
In my opinion, the fees being based on KB is makes multi-signature transactions more expensive while I think multisig should be encouraged somehow.
It would be even better if multisig transactions were actually cheaper. Just to push it's use.

Maybe a better solution would be a % of the transaction amount. It's also easier marketing if Bitcoin only charges 0.000x% per transaction while banks, VISA etc. charge x%.

If you want to avoid spam, a better solution would be hardcoding the minimum transaction amount instead of hardcoding the minimum fees.



Post
Topic
Board Development & Technical Discussion
Re: Developer Guide on bitcoin.org: writers/reviewers needed
by
MarcoTC
on 27/03/2014, 01:08:57 UTC

Thanks! Actually if you want to work on the API reference page, that should probably be it. As for the "user contributed notes", can you further explain your idea?

As for working on the API reference page, I wish I could. Hopefully I have enough knowledge to share after I learned more and I will certainly try to help when I'm at that point.

'User contributed notes' are user comments underneath each section.
Basically, where users can submit section related remarks, pitfalls, example code snippets etc. (that maybe can be voted up, down or away).
Post
Topic
Board Development & Technical Discussion
Re: Developer Guide on bitcoin.org: writers/reviewers needed
by
MarcoTC
on 27/03/2014, 00:14:29 UTC
Thank you for this. (where is the donation address at the bottom of the page?)
Unfortunately, I'm still catching up so I'm afraid I cannot add much to this project yet.

Until now I found that documentation is all over the place and I honestly have no idea if I'm looking at recent or outdated specs. So hopefully, this will be the place where things stay updated.

Few suggestions:

- For new developers, maybe it makes sense to have a bit more general information. For example, using bitcoin-cli, RPC or using bitcoind as border router.
- Would it be an idea to have 'user contributed notes' under each section?


But thanks again. I think it's a great initiative.
Post
Topic
Board Service Discussion
Re: BTC Stolen from Poloniex
by
MarcoTC
on 06/03/2014, 00:48:01 UTC
Taking full responsibility yet let the users pay for it? Hmmm....

If you run an exchange and it's possible to end up with negative account balances, that is unforgivable. Something is fundamentally wrong then.
Then your solution is letting your batch job checking for negative balances? Man oh man.

Race conditions are the first thing you prevent when you do financial transactions.
Use transactions, never use queues and of course, make sure your DB is truly MCC/MVCC and ACID compliant.

With your suggested solution, I wouldn't even be surprised if you're using MySQL and floats for the currency fields.
Please use something decent. You're handling other peoples money.
Post
Topic
Board Development & Technical Discussion
Re: Bitcoin 0.9.0rc2 is available for testing [Changelog]
by
MarcoTC
on 02/03/2014, 19:15:20 UTC
.........and the default fee accepted by miners remains 0.1mBTC per kilobyte.

Really?
So basically, the actual fee remains the same then?? Sad

Guess I wasn't the only one who misunderstood: http://www.coindesk.com/bitcoin-transaction-fees-slashed-tenfold/
Post
Topic
Board Service Discussion
Re: mtgox chat from today ! we still alive !!!! he is not finished at all !
by
MarcoTC
on 26/02/2014, 00:11:01 UTC
Post
Topic
Board Service Discussion
Re: RIP Gox - its now official dead and gone
by
MarcoTC
on 25/02/2014, 04:25:21 UTC
Post
Topic
Board Service Discussion
Re: Coinex.PW vs Cryptsy
by
MarcoTC
on 24/02/2014, 23:40:10 UTC


Coinex all the way. Cryptsy fees are at least 2-3x higher and they tax when you place the bid. Coinex taxes the transaction.

If that is true, that's against all trading principles out there.
I really doubt that. I don't think it's even possible. How would they calculate fees when the price isn't matched? e.g.. a 'best price' trade?

Cryptsy has the volume. And volume is good.
The main issue with Cryptsy is that their software is so full of bugs. And they're slow with deposits, withdrawals and even order placement.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][COYE] Coinye Coin - Launch: JANUARY 7, 2014. 7 PM PST
by
MarcoTC
on 08/01/2014, 21:08:15 UTC


No screwed up fake "fair" launches, shyster devs, muted channels, and f**ked up wallets.

Right.....
And the OSX Wallet on Mavericks crashes when launching.
Was it even tested?

http://i39.tinypic.com/2cwtuko.jpg
Post
Topic
Board Altcoin Discussion
Re: DEDICATEDPOOL.COM - UPGRADED FRONTEND
by
MarcoTC
on 04/01/2014, 05:57:59 UTC
Awesome.
But at this moment, all your pools are down.
'Failed to connect to database'  Undecided
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Kreditz - Under development / PoW+PoS Currency
by
MarcoTC
on 03/01/2014, 04:41:44 UTC
I like the approach.
Here are my suggestions/ideas:
No order. Just ramblings:

- Try to come up with (MultiBit a-like?) wallets that somehow (optionally?) only download headers and don't have to download the whole block chain.
- Make native wallets for all platforms. Not Java.
- Make all wallets available (at launch!) and make sure they're tested for all platforms. Including OSX Mavericks(!). If your target is mainstream, remember that mainstream users are using OSX.
- If you give moms and pops the possibility to mine from their wallet, make it optional. Also, include 'nice -19' a-like features so that their laptops won't melt or the fans don't start screaming.
- In addition to that, in order to do 'honest mining' for everyone, keep it cpu -only and try to keep the asics and gpu's out. Use something like quark.
- As you mentioned, an installer and auto update would be awesome. However, please don't loose the view of the whole Bitcoin idea that things are decentralized. The source code should be there and if something happens to the Dev team, this coin should survive.
- Make a blockchain explorer available at launch from your website.
- Write upfront to respectable pool owners to help getting this launched and are prepared before launch.
- Inform exchanges about your plans and explain that your approach is different. Agree upon condition that are going to be met (hash rate, number of coins mined, coin age etc.) as of when they will include you in their exchange.
- Talk to processors out there and poll their interest to offer it to their merchants.
- Come up with official press releases where you explain that this coin is targeted at mainstream. Not only for the technical bitcointalk/reddit crowd with their garage stacked with GPUs.
- If you pick a spokes person, pick one with some experience and more or less independent. He can can somehow have an interest but not someone with his wallet filled with pre-mined Kreditz. Those are not taken seriously.
- Create a website that doesn't look like yet another $15 Joomla template.
- Be (and stay) communicative to your miners/speculators/users/fans by creating a forum, newsletter, twitter account etc.
- Be clear (and don't lie) on how much is going to be pre-mined. Keep it low.
- Not only use the pre-mined Kreditz to fill the pockets of the devs but make >90% of it available for bounties, rewards etc.
- Use bounties for things that help Kreditz to become more successful. Instead of only for a logo or an app, focus more on bounties for P&R, help to get Kreditz into exchanges, Kreditz Card etc.
- Don't do Givaways but do creative contests.
- Don't fuck up your launch. Roll out a plan.

I'm not saying that these things are all needed. But maybe some of them are useful.
I really hope you guys find the right approach to actually make an alt-coin that makes sense. If you do that, you'll have my full support and I will help wherever I can.
Good luck!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][OGC] *OnlineGamingCoin* LAUNCHED !!! Crypto designed for Online Gaming \o/
by
MarcoTC
on 01/01/2014, 00:49:40 UTC
OSX wallet is crashing and the two pools don't work.
Very nice.  Angry
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][OGC]Pre-Launch *OnlineGamingCoin* Crypto designed for Online Gaming \o/
by
MarcoTC
on 01/01/2014, 00:42:47 UTC
Validation Error is here to serve you in 2014!

OGC pool will be up and ready to go as soon as source drops and we compile the wallet.

You can go ahead and signup now!

http://ogc.valid-error.com

PPLNS, VARDIFF, 1% fee, top 3 block finders after 24 hours get 0% fee for 3 months!

Pool is up and ready to accept connections!

Stratum authentication errors.
All is set ok.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][OGC] *OnlineGamingCoin* LAUNCHED !!! Crypto designed for Online Gaming \o/
by
MarcoTC
on 01/01/2014, 00:34:06 UTC
Nice
Pool still not up and OSX wallet crashes on OSX Mavericks:



http://i41.tinypic.com/1zd2ipc.jpg
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][OGC] *OnlineGamingCoin* LAUNCHED !!! Crypto designed for Online Gaming \o/
by
MarcoTC
on 01/01/2014, 00:25:42 UTC
Site says we're up. Come on pool. Compileeeeeee!!!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Catcoin - Scrypt meow!
by
MarcoTC
on 30/12/2013, 22:42:42 UTC
Does anyone have a working wallet for OSX Mavericks?
I found some OSX wallets but they all give errors. They seems to work fine on Snow Leopard but not on Mavericks.  Cry
Post
Topic
Board Beginners & Help
Topic OP
Question about Order Book
by
MarcoTC
on 30/12/2013, 22:11:21 UTC
Hi,

Just curious.
I was wondering how things work in the following scenario:

Lets say on some exchange, the following order book is hanging there for a while:

Sell Price  Buy Price
$11$10
$12$9
$13$8


No suddenly someone shoots in a sell order for $9.
I assume this will match wil the oldest buy order. The one at the top Right?
So the person who put up the buy order of $10, wil get it.

So my question is... Is the buyer paying $10 or $9?

And what will the seller get?

Are there any standards for this? Meaning, do all exchanges work the same?

 


Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Catcoin - Scrypt meow!
by
MarcoTC
on 25/12/2013, 10:31:30 UTC
Is there an OSX wallet made by someone already?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PRELAUNCH] Catcoin - Scrypt meow!
by
MarcoTC
on 24/12/2013, 05:22:31 UTC
Does someone know if there is an OSX wallet in the making yet?
Post
Topic
Board Beginners & Help
Re: Minning vs. Trading
by
MarcoTC
on 24/12/2013, 03:58:30 UTC
Do both.
Mine some easy alt coin based on your setup and trade it to your preferred coins on cryptsy.com.