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Showing 15 of 15 results by SoldierKid
Post
Topic
Board Bitcoin Discussion
Re: American dollar climbs most in 10 months while Bitcoin stagnates
by
SoldierKid
on 25/09/2014, 07:07:28 UTC
And your point? Silver has been going down. The euro's value changes. Oil prices changes. So what that it just so happens that another market changes slightly. I'm not sure how this is directly related to bitcoin in any fashion.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is going to die??
by
SoldierKid
on 25/09/2014, 06:57:49 UTC
When bitcoin dropped from $30 to $2, people started really freaking out.

Honestly, until the value of bitcoin hits the value of dogecoin / some random altcoin, it'll live.

That's unless some altcoin magically has a much better feature-set.
Post
Topic
Board Meta
Re: Idea for a new trust system.
by
SoldierKid
on 25/09/2014, 06:29:14 UTC
Decent idea, but hasn't this been done before for the web of trust on OTR?
Post
Topic
Board Digital goods
Re: $10 stuck in amazon account [need advice]
by
SoldierKid
on 25/09/2014, 06:23:13 UTC
Buy an amazon gift card? Seems like a simple solution.
Post
Topic
Board Altcoin Discussion
Re: Difficulty resets to ZERO after each block is found.
by
SoldierKid
on 24/09/2014, 08:19:01 UTC
Technically, bitcoin's difficulty could hit nearly 0 (not quite 0, afaik). All'd we have to do is remove ALL miners from the entire network, and only solve one block every few weeks. Eventually, after 15+ years, difficulty would readjust and be close enough to 0.

Curious here, instead of resetting the difficulty to 0, why even have a difficulty? Just make it the same hashing algorithm, and each hash is a reward. Simple as that. Then again, blocks would be found at a crazy rate unless the hashing method would be super intensive (32k rounds of sha256, another 64k rounds of bcrypt anyone? Then the results of 16k sha256 rounds added up together to create a single hash).
Post
Topic
Board Off-topic
Re: City or Rural
by
SoldierKid
on 24/09/2014, 07:36:56 UTC
It really depends. Personally, I prefer a rural lifestyle. I live in a rather small "town" of ~8000 people. It's actually the largest town for 30+ miles.

Normally, rural areas have lower crime rates. Cities tend to be more dangerous for children as well. Living in a larger city will create a more diverse environment for your child. For example, the demographics where I live are astounding. Over 95% of the population identify as being white. We have literally 13-15 black people in our entire town. That's it. (I believe it's only 4 families). During highschool, we had a single black kid in the ENTIRE highschool. Literally, just one.

But it really does depend on the area, I suppose.
Post
Topic
Board Archival
Re: Last Drink You drank. (daily thread)
by
SoldierKid
on 24/09/2014, 07:30:41 UTC
Soylent. It's a liquid, so I guess it's a drink. I don't know. A bit confusing imho.
Post
Topic
Board Development & Technical Discussion
Re: Statistical analysis of Bitcoin public key distribution
by
SoldierKid
on 24/09/2014, 07:19:42 UTC
Quote
Technically, I could generate a key pair and have a totally legit address and it not be part of the blockchain (offline wallet). Unless you're saying every address possible is already part of the blockchain.

Yes. But in the very beginning of this topic the words were "... statistical analysis of the Bitcoin public keys on the blockchain ..."
Tell me what you want to achieve, if you perform analysis on the data you generated yourself?  Grin

Just a proof of concept of finding an address generation flaw with a few hundred thousand of addresses between each "flawed" generated address.

I think we've gotten pretty off-topic here, but I've learnt a lot about the blockchain and more information on bitcoin overall, so thanks a ton!
Post
Topic
Board Development & Technical Discussion
Re: Statistical analysis of Bitcoin public key distribution
by
SoldierKid
on 24/09/2014, 07:09:19 UTC
UPD: there is no such thing as "personally generated addresses"
Address is either in blockchain or not exists  Grin

By personally generated addresses, I meant addresses that $username generated. The ones where he has the private key / public key pair. Sorry for not being very clear about that. I suppose it'd be a bit silly for him to include addresses that he already has the private key of.

Technically, I could generate a key pair and have a totally legit address and it not be part of the blockchain (offline wallet). Unless you're saying every address possible is already part of the blockchain.
Post
Topic
Board Development & Technical Discussion
Re: Statistical analysis of Bitcoin public key distribution
by
SoldierKid
on 24/09/2014, 07:01:33 UTC
My question -- how are you to obtain the public key of an address?
Yes, it is not possible by default.
But if the address has spendings (any number of outgoing transactions) the public key is in blockchain.

For example. Let us take the address 1JwSSubhmg6iPtRjtyqhUYYH7bZg3Lfy1T
Then take one of spendings from this address
https://blockchain.info/tx/c678a097402531ae2ecaec13bb5777338268af0a8fad3d399bd0ae2e64f2ad15
scroll down...
Do you see the long line "0478d430274f8c5ec1321338151e9f2..."
This is public key.

Most of addresses have spendings. So, we can obtain millions of used public keys


Ah, brilliant! Thanks for the information. So, technically, someone would be only able to analyze personally generated addresses or addresses that have sent coins. That's really neat to know.
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Topic
Board Development & Technical Discussion
Re: Statistical analysis of Bitcoin public key distribution
by
SoldierKid
on 24/09/2014, 06:48:25 UTC
My question -- how are you to obtain the public key of an address? Addresses aren't public keys, but the hashed/formatted version of public keys.

The only way to obtain public keys would be message signing afaik.

Of course, that's with the information I found here: https://en.bitcoin.it/wiki/Technical_background_of_version_1_Bitcoin_addresses
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Topic
Board Development & Technical Discussion
Re: What tools exist for monitoring blockchain consensus?
by
SoldierKid
on 24/09/2014, 06:41:29 UTC
As far as I know, none. It'd be rather impossible to know exactly what's stored on someone else's blockchain. Also, it'd be rather difficult to even connect to nearly every user on the network to see who's broadcasting what. For example, my wallet client only connects to two trusted* nodes. For any transaction that I do, it's broadcast through those two nodes.

Then again, I could be wrong about everything I just said.

* I trust these nodes personally, they aren't globally trusted
Post
Topic
Board Meta
Re: MagicalTux & DefaultTrust [ Why ?]
by
SoldierKid
on 24/09/2014, 06:35:06 UTC
I personally still use DefaultTrust, because I trust theymos (if you're using this forum at all, you have some trust in him at a minimum), but I check all of a user's trust ratings and the people who created them before making a deal anyway, so I only really use my trust list for a first impression (though I haven't yet disagreed with it).

Well said. If I were to EVER interact with anyone, I'd listen to all the reviews, not just those that I deem "trustworthy". Sure, there's bound to be a few bad sources, but overall, there's more trusthworthy sources than not for most people.
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Topic
Board Off-topic
Re: Full member celebration
by
SoldierKid
on 24/09/2014, 06:27:13 UTC
I guess congratz. It's not that much of deal. I mean, you only need to be a member for what? 120 days or ~9 fortnights to become a full member? That's only like a third of a year. Kinda silly to be excited about imho.
Post
Topic
Board Off-topic
Re: what this girl want to say.....
by
SoldierKid
on 24/09/2014, 06:17:22 UTC
Uhh, I didn't know you guys had talking goats over there.

They don't. She's a camel.