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Showing 20 of 40 results by adam440
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Topic
Board Bitcoin Discussion
Shower thought: bitcoin parliament
by
adam440
on 07/06/2017, 18:40:41 UTC
Hello, the never ending scaling debate and ever rising bitcoin fees are driving me crazy. I know we have UASF, but that's not the most elegant solution. So, I have a bold idea. What about establishing Bitcoin parliament. Instead of traditional political parties, there would be crypto parties (that's a horrible name, indeed). So there would be something like Bitcoin Core Party, BU Party, Bitcoin Classics Party and so on. And around 1/3 of the parliament would consist of independent representatives from industry (exchanges, mining, wallets and so on) and independent developers.

Thanks to a wide variety of people, we could have a really good discussion and mainly, if the parliament gain enough authority, results from debates in parliament could be actually implemented in the bitcoin code itself. This might really help with bitcoin development. All talks will be obviously online, with audio only (transmitting video from dozens of people at once is a bad idea).

The only problem is electing the parties. Which parties will have the privilege to talk at the bitcoin parliament, and how many people from each party. This might be a tough problem to solve. But this is just a crazy idea, isn't it?

Reddit thread: https://www.reddit.com/r/Bitcoin/comments/6fuvez/shower_thought_bitcoin_parliament/?st=j3nc9u9p&sh=5a8f5c9f
Post
Topic
Board Speculation
Re: Bitcoin to 1400 (forecast)
by
adam440
on 02/05/2017, 17:41:26 UTC
Yeah, yeah. But don't forget about the great scaling debate. It seems we are on a good path, but it's still concerning. Knock, knock miners! We want some vertical price moves.
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
adam440
on 02/05/2017, 17:38:11 UTC
Come on developers! I think the price is just waiting and when SegWit and LN become activated, we will all buy Lambos  Cool. But really, the price then should go ballistic...
Post
Topic
Board Development & Technical Discussion
Re: Is developing your own Wallet safer?
by
adam440
on 17/04/2017, 15:18:58 UTC
I'm more positive about it. It can be a great learning opportunity. You will definitely learn a lot about bitcoin and blockchain technology in general. And obviously, you will learn so much about digital signatures and security in general. You can then use this knowledge in other projects. Not only blockchain-oriented ones. However, it wouldn't be wise to make your wallet publicly available. Even wallets, that have been developed by many programmers for years get hacked. Yours will be hacked at best in a matter of weeks. As long as you don't publish it and operate it at your own risk (therefore store in it only as much as you are willing to loose in case of unexpected behavior of software), it can be a really good learning experience. Good luck Smiley.
Post
Topic
Board Development & Technical Discussion
Re: How to compile Bitcoin Core v0.14.0 UASF-Segwit0.3(BIP148)
by
adam440
on 09/04/2017, 16:06:03 UTC
Thanks for the tutorial, but I want all the blockchain data saved on a different hard drive. Is it possible? For my 500 GB SSD, 100 GB is just too much...
EDIT: I also have all the data now downloaded on that hard drive, and I'm running Bitcoin QT from that hard drive...
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Topic
Board Bitcoin Discussion
Re: They found Satoshi?
by
adam440
on 08/04/2017, 18:32:11 UTC
oh.. i dunno.. maybe because someone in their late 70s/80s with severe schizophrenia needs to take a break once in a while?  Cheesy

Can you find one shred of evidence to support that? Any report at all that he was tired or having difficulty during those periods?
What about finding some people close to Nash's son? I think he could answer a lot of questions regarding this stuff. But we have to take action, not discuss Rothschilds and NSA. Unfortunately, I'm from central Europe, so I can't take action in a way as suggested...
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Topic
Board Bitcoin Discussion
What is USAF and how to activate it?
by
adam440
on 08/04/2017, 15:32:54 UTC
Hi, can someone tell me what exactly is user activated soft work without political bullshit? So far I know that it's way, how full nodes can activate SegWit without miners support. But how can one activate it in Bitcoin Core wallet?
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Topic
Board Bitcoin Discussion
Re: Cryptocurrency media sites?
by
adam440
on 31/03/2017, 19:24:02 UTC
Oh no. How can you treat r/bitcoin and r/btc as news sources? They're basically in a civil war with each other and I wouldn't trust these subreddits much. But I like the idea of some kind of list where all cryptocurrency news sites will be. How about setting up a simple website? I, unfortunately, don't currently have time to do this, but others might have enough time...
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Topic
Board Bitcoin Discussion
Re: Blockchain powered internet?
by
adam440
on 31/03/2017, 17:05:51 UTC
We definitely need more private and decentralized internet. However, I'm not sure if blockchain is the right way. Blockchains create trust and allow consensus along with a large number of nodes. But they archive this by copying everything everywhere. Can you imagine, that every computer connected to the internet would also store everything on the internet? Even with technologies like sharding, this would be ridiculous. I think you should rather look to solutions based on onion routing (TOR). There's still a lot of work to be done to achieve good decentralization and good speed at the same time. Sybil attacks are also a big problem in these networks.  If someone could solve these problems, it will be a true revolution in terms of privacy. But be aware of NSA/CIA/GHCQ/FSB and other agencies.
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Topic
Board Altcoin Discussion
Re: ZCash vs Monero - privacy
by
adam440
on 28/03/2017, 14:36:40 UTC
OK, slight change of topic. As I said, I'm more interested in the technical side. So the question is more like what's the difference between ring signatures and zero knowledge proofs. And again, especially in terms of privacy (which one is more anonymous).
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Topic
Board Altcoin Discussion
Re: ZCash vs Monero - privacy
by
adam440
on 27/03/2017, 19:23:07 UTC
Well, I'm more interested in the actual technology behind it. I think it's called Zerocoin protocol or something like that. Obviously, closed source is a huge concern for me but I don't want to throw out the interesting idea just because one concrete implementation (ZCash).
Post
Topic
Board Altcoin Discussion
ZCash vs Monero - privacy
by
adam440
on 27/03/2017, 18:16:53 UTC
Hello,
How do these two coins compare in terms of privacy? Is any of them better than other? And I'm assuming that Monero team will really implement feature (I don't know how it's called), which will hide the amount transacted. So both coins will hide all the metadata. However, I know that ZCash is pretty intense in terms of computer power (and I'm not talking just about Equihash, but mainly about zk-snarks). But are there any other differences in terms of anonymity?
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Topic
Board Development & Technical Discussion
[Bitcoin Unlimited Proposal] Limiting max. block size through reduced rewards
by
adam440
on 25/03/2017, 12:26:39 UTC
Hello, I got an idea how to mitigate creation of too big blocks. It's actually quite similar to Monero. There's how it should work:
1.) We have to establish some kind of average block size over a period of time (let's say over last 14 days).
2.) Every block mined will be compared to this average. If it is at least 15% bigger, then the block reward will be reduced (the bigger that block is, the bigger reduction in reward). But, if it's within the limit, there will be no reduction. This way, we could prevent the creation of too big blocks and basically protect individual nodes from downloading hundreds of megabytes of data in short period of time. I know, that nodes can already decide how big blocks they will accept, however, this creates another layer of protection for nodes.

Obviously, this will change the money supply, however, not by much. Miners will be incentivized to not mine these blocks with lower reward. 15% bigger blocks should be enough to count in growing number of transactions without hurting miners profit.

Reddit discussion: https://www.reddit.com/r/btc/comments/61ejer/limiting_max_block_size_through_reduced_rewards/?st=j0p823ar&sh=84438cf7
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Topic
Board Bitcoin Technical Support
Running SegWit node
by
adam440
on 19/03/2017, 12:45:59 UTC
Hello,
I recently downloaded Bitcoin Core 0.14 and I want to run a pro-SegWit node. How can I do that? I know that with Bitcoin Core 13 you have to download version 13.1, but there's no version 14.1, so how does one vote for SegWit on a full node? I understand that miners vote, not nodes, however, I think it's important to at least help SegWit by running the pro-SegWit node.

PS: Please don't talk here about BU vs SegWit, my question is just about running SegWit node. Period.
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Topic
Board Development & Technical Discussion
Compromise between SegWit and BU
by
adam440
on 03/03/2017, 20:36:04 UTC
Hello,
I have only a little knowledge about these scaling solutions so I want to ask if it's possible to somewhat combine these two solutions. Like, change the transaction protocol according to SegWit to allow off-chain solutions (Lighting Network) while letting the miners choose a size of the block. Is this possible?
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Topic
Board Off-topic
Re: Ask Satoshi Any Questions ?
by
adam440
on 11/02/2017, 20:14:55 UTC
Is this troll still active (IAmNotAnonymous)?  Grin
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Topic
Board Off-topic
Re: Ask Satoshi Any Questions ?
by
adam440
on 07/02/2017, 19:28:16 UTC
"IamNotAnonymous" - well, you're really weird. Do you at least have some technical understanding of Bitcoin itself?
Post
Topic
Board Bitcoin Discussion
Re: Who is Satoshi? Why did he hide his identity?
by
adam440
on 07/02/2017, 19:14:31 UTC
Does anyone know, if the email on original Bitcoin paper is still active?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CAGE] CAGECOIN REVIVAL: New difficulty algorithm, network moving again!
by
adam440
on 04/02/2017, 10:31:39 UTC
Is this crazy price spike real?
Post
Topic
Board Bitcoin Discussion
Re: Who is Satoshi? Why did he hide his identity?
by
adam440
on 27/01/2017, 18:46:27 UTC
Is there any proof of life of Nakamoto since December 2010? Or did he disappear and no-one has seen him ever since?

If I were Satoshi I'd prefer my identity to be a secret. When bitcoin was only a harmless little experiment Satoshi had no reasons to worry, but now when it became big and draws big money he should remain in hiding.
People are crazy, he'd need bodyguards and security systems to feel safe and even that wouldn't be able to protect him from the government.

This can turn out to be a very good plot for a Hollywood thriller.
Satoshi's identity is revealed and now the race is between the ones who want to burn him down and the ones who want to protect him. Elon Musk might as well send him to Mars on one of his SpaceX rockets Cheesy

You could call it Cryptoraker.

http://nakatomi-plaza.blogs.fotogramas.es/files/2015/12/moonraker.jpg

Pretty good image  Grin.

So no-one has proof of life since then?