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Showing 20 of 129 results by konradp
Post
Topic
Board Trading Discussion
Re: Best trading places
by
konradp
on 18/07/2017, 07:39:21 UTC
 Bitcoins are one of many trendy cryptocurrencies sold on the internet today. Whether you’re totally new to Bitcoins or you’re just looking for the best BTC exchanges, we’re here to help you make the smart choice.Major Bitcoin exchanges face hacking attempts every day. Even leading exchanges have suffered leaks in the past. It’s part of dealing with some of the most talented hackers in the world. Nevertheless, you’ll want a Bitcoin exchange with strong security and a limited history of leaks.buying Bitcoins is that you can do it with 100% privacy. However, the only real way to privately buy Bitcoins is with cash or a cash deposit. Not all exchanges support this. It’s easy to find exchanges that accept bank transfers, credit card payments, debit card payments.
Post
Topic
Board Bitcoin Discussion
Re: Do Banks fear cryptocurrency
by
konradp
on 18/07/2017, 07:33:50 UTC
Bitcoin is most famous example of an emerging technology network with the potential to improve banking. It belongs to the new type called crypto currencies, i.e. decentralized, secure money storage and money transfer enabled by the Internet..Disruption can be a good thing, especially when it affects banking, a failing set of business models which, for all the tweaks, have been virtually unchanged for millennia. Paradoxically, some banks are afraid of Bitcoin because it would force them to innovate.

Post
Topic
Board Marketplace
Re: Internet Marketing
by
konradp
on 17/07/2017, 10:12:05 UTC
Bitcoin users can trade the currency electronically for goods and services, and a number of businesses worldwide are now accepting Bitcoins as payment  including several restaurants. In fact, financial experts have stated that the success of Bitcoin is dependent on businesses accepting it as a form of payment
which operates free from any centralized bank or fund. This means that unlike nearly all other types of currency, Bitcoin currency is not based on the value of stockpiles of gold and silver. Instead, its value is based on the belief in this particular system of electronic trading.
Post
Topic
Board Project Development
Topic OP
A pool with (something line) exchange functionality
by
konradp
on 23/10/2014, 09:47:20 UTC
Hi. This gonna be rather a general question, but I hope to get some help.

I have created a pool, now client wants me to implement something similar to what cryptocoins exchanges do. That is, a miner should be able to mine any coin and then withdraw equivalent in any other cryptocoin.

I'm supposed to use one of the exchanges with API. For now my choice is coins-e.com (I analyzed other exchanges as well, they have very similar API's so it doesn't really matter which one I'll choose). I asked them about it, and they said it is possible and they answered:

"
Use the wallet commands here to get wallet addresses and deposit - https://www.coins-e.com/demo/support/api/#wallet

Then create orders - https://www.coins-e.com/demo/support/api/#orders

I would check the order book first - https://www.coins-e.com/demo/support/api/#publicdata-market-depth

"

Their API is here: https://www.coins-e.com/demo/support/api/

What do you think about this? Is this even possible? They say it is, but what do you think? It looks like I'll have to :

1. Keep all the mined coins on our wallets, not send them immediately to miners.

2. Manage users' accounts, that is, I will have to keep track of their accounts (how many BTC they have, how many LTC etc.). Then, when one of them mines LTC, and wants to get BTC, I will have to try to sell some of the LTC to get BTC, and then upgrade his/her account information accordingly.

Does it have sense?

Post
Topic
Board Altcoin Discussion
Topic OP
What's your equipment?
by
konradp
on 22/09/2014, 06:49:27 UTC
Hi,

I'm supposed to create a pool (in company I work for), I have a very poor cpu (2.7 ghz) and a few gpu cards available. But they are not sufficient even for bitcoin testnet. Now I'm trying to implement litecoin, but with my cpu I have only 1 kh/s.

Can you guys tell me what you are using for developing anything related to crypto currencies?
Post
Topic
Board Altcoin Discussion
Topic OP
Litecoin-qt returns ECONNRESET error
by
konradp
on 19/09/2014, 11:44:55 UTC
Hi,

I use a pool based on node-stratum-pool ( https://github.com/zone117x/node-stratum-pool )

It works well with bitcoin, but with litecoin-qt working as a server I receive ECONNRESET error.

Everything's look ok, user and password match, ports are OK.

What else can I do? Have anybody experience with this issue?

Edit: I made a mistake entering json-rpc communication port, I entered 19333 instead of 19332 Sad Whole day spent on this Sad Sad
Post
Topic
Board Development & Technical Discussion
Re: Many output addresses in generation transaction for the reward?
by
konradp
on 18/09/2014, 10:53:18 UTC
Yes.
Some miners (mining pools) already do this.
E.g. block 000000000000000004d8ef64faef05c00036b016b55fcd735e771454547a7a08
coinbase tx https://blockchain.info/tx/183fc1072552753fdb405f9875b63677ceb6551488fbd6b2f8b8d82649991393

Thanks!
Post
Topic
Board Development & Technical Discussion
Topic OP
Many output addresses in generation transaction for the reward?
by
konradp
on 18/09/2014, 09:29:40 UTC
Hi,

I'm a bit lost. Is this possible to have many output addresses in generation transaction (coin base)? I mean, addresses which will receive the 25BTC award? Divided, so everybody will receive his/her part.

Edit: On reflection, I think it should be, after all it's almost "normal" transaction, isn't it? So it can have one input and many outputs, right?
Post
Topic
Board Mining software (miners)
Re: OFFICIAL CGMINER mining software thread for linux/win/osx/mips/arm/r-pi 4.6.0
by
konradp
on 12/09/2014, 06:48:23 UTC
Quote
I'm not sure where you're seeing these messages. There hasn't been any GPU code in mainline cgminer for over a year and I'm not supporting anything but the current version.

Thanks @ckolivas.

This is the output of cgminer.

I use it to mine on testnet. There are 4 radeon 79xx gpu cards, and according to cgminer stats it does ~2.5gh/s - I was hoping to mine something, especially that current testnet difficulty == 1.0, but it doesn't work, hence I posted this warning(?) messages.

Which version?  Wink

It's 3.5.0, I just need to mine with gpu on testnet, that is why I use an old version.
Post
Topic
Board Mining software (miners)
Re: OFFICIAL CGMINER mining software thread for linux/win/osx/mips/arm/r-pi 4.6.0
by
konradp
on 09/09/2014, 10:14:12 UTC
Quote
I'm not sure where you're seeing these messages. There hasn't been any GPU code in mainline cgminer for over a year and I'm not supporting anything but the current version.

Thanks @ckolivas.

This is the output of cgminer.

I use it to mine on testnet. There are 4 radeon 79xx gpu cards, and according to cgminer stats it does ~2.5gh/s - I was hoping to mine something, especially that current testnet difficulty == 1.0, but it doesn't work, hence I posted this warning(?) messages.
Post
Topic
Board Mining software (miners)
Re: OFFICIAL CGMINER mining software thread for linux/win/osx/mips/arm/r-pi 4.6.0
by
konradp
on 09/09/2014, 08:54:15 UTC
Hi,

I see these messages when cgminer works, but can't find any documentation regarding them. What do they mean?

They didn't come one after another, I only collected the messages I don't understand. Here we go:


Quote
BFL looking for BFL 0403:6014 but found 1002:4396 instead

Not a ZTEX device 1002:4397
 and later: USB scan devices: checking for BAS devices

AVA looking for AVA 0403:6001 but found 148f:5370 instead

ICA looking for BLT 0403:6001 but found 148f:5370 instead

GPU 2 found something? OCL, NONCE 8.... found in slot 0

Generated stratum header 000....

Generated stratum work


I'd be grateful for any help.
Post
Topic
Board Bitcoin Technical Support
Re: Why generation coins require 100 confirmations
by
konradp
on 28/08/2014, 09:41:29 UTC
OK, thanks again!
Post
Topic
Board Bitcoin Technical Support
Re: Why generation coins require 100 confirmations
by
konradp
on 28/08/2014, 09:30:44 UTC
Quote
Only blocks are orphaned so typically a tx that has ended up in an orphaned block will appear in the orphan's replacement block (or one very soon after it) but this is not the case with "coinbase" txs as they are tied to the one "specific" block that they were mined in (so effectively such txs are orphaned due to being unique to one specific block).

OK, thanks, I've got it now. But now, the difference is huge, what were the reasons behind this value?
Post
Topic
Board Bitcoin Technical Support
Re: Why generation coins require 100 confirmations
by
konradp
on 28/08/2014, 09:22:09 UTC
Quote
Because the block that generated the coins might get orphaned - e.g. due to another longer chain

Thanks, but isn't this true for "normal" transactions as well? Then why the difference?
Post
Topic
Board Bitcoin Technical Support
Topic OP
Why generation coins require 100 confirmations
by
konradp
on 28/08/2014, 09:03:18 UTC
Hi,

why generation coins require 100 confirmations while there is a rule of only 6 confirmations of transactions?
Post
Topic
Board Mining support
Re: "Payee" field in getblocktemplate in node-stratum-pool
by
konradp
on 27/08/2014, 05:42:44 UTC
Post
Topic
Board Mining support
Topic OP
"Payee" field in getblocktemplate in node-stratum-pool
by
konradp
on 14/08/2014, 12:17:56 UTC
Hi,

Here: https://github.com/zone117x/node-stratum-pool

There is a function in transactions.js called generateOutputTransactions ( here: https://github.com/zone117x/node-stratum-pool/blob/master/lib/transactions.js#L126 ) which creates generation transaction.

And there are these lines:
Code:
   if (rpcData.payee) {
        var payeeReward = Math.ceil(reward / 5);

        reward -= payeeReward;
        rewardToPool -= payeeReward;

        var payeeScript = util.addressToScript(rpcData.payee);
        txOutputBuffers.push(Buffer.concat([
            util.packInt64LE(payeeReward),
            util.varIntBuffer(payeeScript.length),
            payeeScript
        ]));
    }

rpcData, from what I found, is a result of calling the getblocktemplate rpc command.

But what is this rpcData.payee? There is no such thing when I call getblocktemplate in bitcoin's console. And these line are the only place in the project where this "payee" occurs.

Do you have an idea?

p.s. this project is being actively developed, so I don't think it's an error.

edit: after some googling, I found that there is another project with this "payee" field from getblocktemplate:

https://github.com/darkcoinproject/darkcoin-stratum/blob/1aa9317eb1612e290d9dad232744a1cda844471a/lib/block_template.py#L57

But, apart from that, google doesn't bring any useful information.
Post
Topic
Board Marketplace (Altcoins)
Re: Is there an automatic altcoin-bitcoin exchange service?
by
konradp
on 14/08/2014, 11:02:35 UTC
Thanks!

I'm now reading this:
https://www.cryptsy.com/pages/privateapi

And I can see I can put a proposition to sell e.g. LTC for BTC, what I can't see is:
1. Where can I put an address to which BTC should be send after a successful transaction
2. How can I know there was a successful transaction?

Or maybe I'm missing something, and services like this work in a completely different way than I think they should work?
Post
Topic
Board Marketplace (Altcoins)
Topic OP
Is there an automatic altcoin-bitcoin exchange service?
by
konradp
on 14/08/2014, 09:47:04 UTC
Hi,

I need to find an automatic altcoin/bitcoin exchange service, that is I need the following:

1. I have some altcoins on address A
2. The service allows me to send those funds to an address provided by them
3. I give them my bitcoin address B
4. After a successful transaction they send me bitcoins to address B.


Is there anything like this?
Post
Topic
Board Bitcoin Technical Support
Topic OP
I still don't understand testnet difficulty
by
konradp
on 13/08/2014, 07:57:02 UTC
Hi,

Since a few hours testnet difficulty==1.

Using this calculation: http://tpbitcalc.appspot.com/?difficulty=1&hashrate=1&exchangerate=557.73&bitcoinsperblock=25.00&rigcost=1000.00&powerconsumption=80.00&powercost=0.10&investmentperiod=355
It looks like I should solve a block in about an hour. But after 5 hours cpuminer didn't do it.


I know it's statistically possible, but maybe I'm missing something?

edit: well, it's high again (110221) but for 5 hours it was 1, I'm completely lost, why didn't the miner find a solution?