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Re: A successful DOUBLE SPEND US$10000 against OKPAY this morning.
Correct me if I'm wrong, but forks are only possible with a certain amount of hash power, and to gain enough hash to fork the Bitcoin chain would be very expensive and thus impractical.
yeah you're wrong.
Forks happen anytime 2 miners solve a block referencing the same previous block.
But usually one of the forks gets chosen by consensus right? And after 6 of so confirmations it is extremely unlikely to change.
When this thread was opened there was a bug (or bug fixed) with the latest version of the software which means that the new version of the software chose a different branch to the old, which is a very different and horrible problem. IIRC the developers told people to downgrade to the old version and the associated fork became the chosen fork, and thus losing transactions made in the unchosen fork.
Hammer me if this isn't 100% accurate but I think it is the gist.
Usually forks are OK and get resolved. This thread is about a different 'hard' fork cause by software issues.
Hhmm... so how would the proof of work?
I've been thinking about this and it is quite difficult, but probably not impossible.\If I am Kasparov, and you beat me at chess, I think that is good proof of work. If you lose, then it doesn't prove anything. So winning chess games should be linked to block creation.
You'd need a way to score players so that you know if someone beat a good player (= proof of work) or a bad or unknown player (= proof of nothing).
You'd need a way to prevent or discourage fake opponents too, that lose on purpose to give score to others.
I am thinking of something along the lines of pools of players.
Pool 1 has 10 players, Pool 2 has 100 players, Pool 3 has 1000 players etc.
And you get promoted or dropped down from pool to pool based on your play, with rewards going to winners in the higher pools.
But the details are not completed in my mind yet.
Sounds like a fun project. Very cool. But why do you need to prove randomness?
It is unlikely to provide any business advantage in my opinion.
It is unlikely to provide any business advantage in my opinion.
Security. If your private key ain't truly random. I may be able to guess it and steal your bitcoins.
Guys it's going to be game over soon. I just read an article explaining how bitcoin is going to reach negative values and bagholders are going to have to pay people to take bitcoins off their hands: http://finance.yahoo.com/blogs/talking-numbers/this-could-be-the-end-of-the-bitcoin-era-220746326.html
First people were dumping their ASICs and now this. Oh what shall we do?
On a more serious note, it's no surprise that next-gen mining hardware will make the previous generation obsolete. Some of those people buying these unprofitable ASICs probably don't pay for electricity, and may yet see an ROI.
First people were dumping their ASICs and now this. Oh what shall we do?
On a more serious note, it's no surprise that next-gen mining hardware will make the previous generation obsolete. Some of those people buying these unprofitable ASICs probably don't pay for electricity, and may yet see an ROI.
I'll take your bitcoins off your hands for free. Just send them to the address in my sig, and I promise I wont send you a disposal bill.
Goxxed is a great word. So is goxcoins, which could be generalised to mean any perpetually delinquent IOU for cryptocurrency 
Everyone in this thread now has 7000 of my freshly issued goxcoins. Enjoy!
Everyone in this thread now has 7000 of my freshly issued goxcoins. Enjoy!
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There is a way to circumnavigate around the cheating issue: Let 'em!
If Crypto-chess-coins is going to dole out coins based on some exponential growth system, then along with each game getting harder and harder to play, assuming one is playing against a computer which Ccc controls, Ccc will also control the clock as to how long it'll take before it makes its next move against each and every "miner". Thus, it doesn't matter how long it'll take for a miner to make s/he's move.
The onus will then be on the miners to obtain the best chess program available to garner more wins over time. At some point, when such is more difficult to obtain, more powerful chess programs will need to be created. Imagine, in the future ordering said programs/systems/rigs from Rook Labs or Bishop Studios or Knight Mills or Queens with Clubs.
Who knows! At the end of the day some über-chess program my be devised that wouldn't have been created earlier due to the advent of Crypto-chess-coins.
Now, one's able to envision Solitaire Coin, Backgammon Coin, or even Puzzle Coin, all pegged against a computer opponent with a dual difficulty component incorporated, adjusted depending on the payout schedule.
During the penning of the last paragraph, I envisioned something pertaining to Puzzle Coin, but I see that http://puzzlecoin.com/ is already taken, but from the looks of the site, it could easily be re-branded.
Picture sometime like below that has to be solved via moving the pieces into place, then rewarded once completed. See the beauty of the example? Advertiser's logos (with generated links once solved, then also emailed) are the puzzles.
If Crypto-chess-coins is going to dole out coins based on some exponential growth system, then along with each game getting harder and harder to play, assuming one is playing against a computer which Ccc controls, Ccc will also control the clock as to how long it'll take before it makes its next move against each and every "miner". Thus, it doesn't matter how long it'll take for a miner to make s/he's move.
The onus will then be on the miners to obtain the best chess program available to garner more wins over time. At some point, when such is more difficult to obtain, more powerful chess programs will need to be created. Imagine, in the future ordering said programs/systems/rigs from Rook Labs or Bishop Studios or Knight Mills or Queens with Clubs.
Who knows! At the end of the day some über-chess program my be devised that wouldn't have been created earlier due to the advent of Crypto-chess-coins.
Now, one's able to envision Solitaire Coin, Backgammon Coin, or even Puzzle Coin, all pegged against a computer opponent with a dual difficulty component incorporated, adjusted depending on the payout schedule.
During the penning of the last paragraph, I envisioned something pertaining to Puzzle Coin, but I see that http://puzzlecoin.com/ is already taken, but from the looks of the site, it could easily be re-branded.
Picture sometime like below that has to be solved via moving the pieces into place, then rewarded once completed. See the beauty of the example? Advertiser's logos (with generated links once solved, then also emailed) are the puzzles.
I agree!
It now becomes a contest of who can either write the best chess program and/or throw computing power at it.
One way is to use the chess scoring system, and the nodes accept the block created by the highest scoring address at the time.
Nodes can verify all games and scores quickly from the genesis game of course.
Any newcomer who is good can quickly rise to the top due to how the chess scoring works, but as they get near the top they need to beat the best continually to get the top score.
There are a lot of security things to be thought of e.g. shill players who lose on purpose to boost another players score.
There is no need to have difficulty adjustment because it is always as difficult as whoever is playing at the time. And there is an financial incentive for miners as with bitcoin so plenty of "hash power". Or should I say "horse power".
I'm a coder and be interested in helping develop something like this, a prototype at least.
Edit:
Man this is really interesting -E.g. I just thought would you build a program to try and win all the time or not? Winning all the time would take more resources, so you play less games. Or do you play more games and win 90% of the time. Which would give you a higher score? So much scope for miners to think rather than just throw money at asics like you do with bitcoin. Infact asics would be a disadvantage because you can't change the algorithm when a better one comes out next week.
Re: I found some faucet money from the Good old days (2009-2010) :P
sitting in a 3150 BTC account on BitcoinRichList.
new faucet to open slowly. over time
cause it is deep quantum freeze storage
SHA-256 - SHA-512 encrypted blockchain :p
new faucet to open slowly. over time
cause it is deep quantum freeze storage
SHA-256 - SHA-512 encrypted blockchain :p
I am trying to decrypt your post.
So it sounds like someone with 3150BTC (not you) either ran a faucet or received moeny from one. You would like them to give the money away in a new faucet.
Dream on.
Re: Why is the price going up again? (1st april 2014 around 17:30)
i dont think the bear market and bull markets reall apply with bitcoin. bitcoin is worth whatever someone is willing to pay for 1 at any given time. sometimes 1$ sometimes 1000$
I would really like to hear the reasoning behind this
Me too.
To me it is nothing but bull market, bear market, bull market. Ok occasionally a flat market too.
wives do not make money having sex. they make money:
by refusing sex until the husband buys them stuff
by getting a divorce, meaning it costs the guy 50% of wealth to never be able to have sex with that women ever again.
smart women use sex AGAINST a man to get money (wives)
silly women use sex WITH a man to get money (whores)
by refusing sex until the husband buys them stuff
by getting a divorce, meaning it costs the guy 50% of wealth to never be able to have sex with that women ever again.
smart women use sex AGAINST a man to get money (wives)
silly women use sex WITH a man to get money (whores)
Yep. You are a virgin. I can tell.
actually im Unhappily married.. my first statement explains why im unhappy
Sorry to hear that :-(
Not all women are like that, you got unlucky.
Anyway - FTFY: Smart women are able to make money without help from men.
wives do not make money having sex. they make money:
by refusing sex until the husband buys them stuff
by getting a divorce, meaning it costs the guy 50% of wealth to never be able to have sex with that women ever again.
smart women use sex AGAINST a man to get money (wives)
silly women use sex WITH a man to get money (whores)
by refusing sex until the husband buys them stuff
by getting a divorce, meaning it costs the guy 50% of wealth to never be able to have sex with that women ever again.
smart women use sex AGAINST a man to get money (wives)
silly women use sex WITH a man to get money (whores)
Yep. You are a virgin. I can tell.
Big adoption in Vietnam, Cambodia, Laos wouldn't surprise me.
They use a non-fiat currency already, the $US for most of their transactions. By non-fiat I mean it is not fiat to that country.
So they could move over to any currency, including BTC.
I also noticed travelling through these countries how well connected they are. Wifi is everywhere and it is free. So someone with a cheap smart phone can get free access fast enough to send/receive transactions from their phone.
They use a non-fiat currency already, the $US for most of their transactions. By non-fiat I mean it is not fiat to that country.
So they could move over to any currency, including BTC.
I also noticed travelling through these countries how well connected they are. Wifi is everywhere and it is free. So someone with a cheap smart phone can get free access fast enough to send/receive transactions from their phone.