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Showing 20 of 1,016 results by sunnankar
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Board Auctions
Re: BitcoinTrader.com domain AND Twitter account For Sale
by
sunnankar
on 06/08/2017, 05:28:57 UTC
I believe 1 BTC is a reasonable starting bid for a domain of this quality

Let's get this started.

1 BTC.

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Topic
Board Service Discussion (Altcoins)
Re: Where to buy ether (Ethereum)?
by
sunnankar
on 06/04/2016, 16:05:30 UTC
And here is a guide to buy ether that gets updated.
Post
Topic
Board Bitcoin Discussion
Re: Is it good or bad that Core development is virtually controlled by one company?
by
sunnankar
on 04/02/2016, 17:39:21 UTC
the desire for 2mb is a community need

2mb this year because the community wanted it

the whole community that wants 2mb

the community want 2mb




Post
Topic
Board Armory
Re: Honestly, Armory authors suck as developers
by
sunnankar
on 06/12/2015, 18:30:28 UTC
Armory works fine. Armory users host their own blockchain for the maximum level of security [and privacy].

Security <--------|--------> Convenience
Post
Topic
Board Armory
Re: Will the free open source Armory wallet continue to be developed going forward?
by
sunnankar
on 28/10/2015, 15:18:59 UTC
armory is the only wallet i use Smiley

Same for me  Wink Do we need more donations or something?

Cute sentiment but I do not think you understand the type of resources required to build this type of software where individuals can generate and hold the private keys of their own wealth. Funding the building out of the core infrastructure the entire community uses has not been cheap and many people have made significant sacrifices of both time and money to get Bitcoin where it is today.

This type of cryptography and software code is complicated and to be sustainable requires very skilled developers. Projects can be maintained on a donation basis but that is usually not very sustainable without either (1) large sacrifices of opportunity cost by the developers, like the extremely poor guy who maintains PGP, or (2) a very generous and magnanimous financial benefactor. Usually it requires a combination of the two like Dr. Wuille, Dr. Adam Back thinks is one of our community's greatest assets, who took a significant pay cut to work full-time on Bitcoin.

To help you understand the magnitude; in Armory's case I and two ideologically aligned friends were the generous and magnanimous financial benefactors of the $600,000 seed round. Additionally, I solely and personally assumed, via binding legal contract, the downside of the exchange rate risk but let the upside in the Bitcoin price accrue to the company so developers would know their paychecks were going to be there and they could plan for their families. As a result, there have been over $1,000,000 of resources consumed by the project. That is many many orders of magnitude more financial support than all of the donations of the entire community combined and 10-20x more than the PGP guy's Linux grant.

And there are other wallet initiatives that have received significant financial assistance like my buddy Roger Ver who helped fund Blockchain.info and Roger and I both funded the initial seed round for Bitpay that has released the Copay wallet.

Unfortunately, great software does not just write itself yet and we should all remember that developers need to eat food, provide for families, use computers, etc. but that is not the world we live in.
Post
Topic
Board Armory
Re: Any chance we can change "view on Blockchain.info" to something that works?
by
sunnankar
on 23/09/2015, 17:50:39 UTC
Since Blockchain.info is about the least reliable explorer can we change it to something else?

Armory Online is in development but you should be able to use the block explorer.
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Topic
Board Web Wallets
Re: How do I manually recover multisig created on coinkite? (reward)
by
sunnankar
on 25/08/2015, 13:52:45 UTC
Post
Topic
Board Press
Re: [2015-04-23] Reuters: itBit seeks New York banking license
by
sunnankar
on 24/04/2015, 05:01:48 UTC
This is very exciting news!
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Topic
Board Project Development
Re: Looking for WordPress plugin (or someone to write one)
by
sunnankar
on 21/03/2015, 15:59:25 UTC
Yup, I just confirmed that all payments smaller than 0.001 BTC are just waiting and they are included in forward after the balance reaches 0.001 BTC.

It would be great if we could upload an Armory watching-only wallet and then tip addresses would be pulled from that pool of addresses.

In this case, instead of relying on the Blockchain.com API, where the service is known to go down from time to time, is to instead have the plugin author include the ability to upload an Armory watch-only wallet  and then draw from that pool of public keys each time a post needs a new bitcoin address.

This would remove the centralized point of failure, increase the privacy of the tip sender and receiver because the information would not be going through Blockchain's server, decrease miner fees and retain the same level of security because the Armory wallet could be stored by the tip receiver in offline cold storage.
Post
Topic
Board Armory
Re: Armory for OS X: Unidentified developer
by
sunnankar
on 27/02/2015, 00:07:22 UTC
Most of our users are savvy enough to disable Gatekeeper and be comfortable with their decision.

And it should be obvious, if one is really concerned with the quality of the software then they can verify the GPG key (official Armory tutorial video) which will provide superior security compared to relying on the App Store identification process.
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Topic
Board Armory
Re: Sweeping vs. Importing Newbie Question
by
sunnankar
on 26/02/2015, 19:12:10 UTC
Thanks to all who posted in my thread. I seem to be getting conflicting information.

Have you watched the official Armory tutorial video on sweeping and importing?
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Topic
Board Speculation
Re: Two Bullish Bitcoin stories on CNBC front page.
by
sunnankar
on 27/01/2015, 06:01:28 UTC
"The arrival of institutional investors in digital currencies is a big bang event. If you have doubted the viability of digital currencies, today may be a good day to re-evaluate this emerging asset class."

So true.
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Topic
Board Press
Max Keiser and Trace Mayer discuss Bitcoin and geopolitics
by
sunnankar
on 02/09/2014, 15:41:06 UTC
Max Keiser and Trace Mayer discuss Bitcoin and geopolitics

Be sure to upvote on Reddit and retweet.
Post
Topic
Board Armory
Re: Armory - Discussion Thread
by
sunnankar
on 04/08/2014, 19:39:23 UTC
In general, emails should be encrypted unless there's a very good reason to leave them in cleartext.

In general, BitMessage should be used unless there's a very good reason to leave a metadata trail.

And wouldn't it be awesome to have BitMessage broadcast around unsigned simulfund transactions...
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Topic
Board Economics
Re: Strategy for manipulating the exchange rate of Bitcoin
by
sunnankar
on 12/03/2014, 07:10:36 UTC
Ok so what would be a community counter to this ?

Bitcoin is a whole different animal and censorship resistant; including the pricing signal.

The pricing signal of gold to perform economic calculation has largely been censored by , as Dr. Greenspan testified twice before Congress, 'Central banks stand ready to lease gold should the price rise.' Central banks carry gold in the vault and gold out on loan as the same line item; in effect reporting cash and accounts receivables as the same thing. Additionally, the bullion banks have largely sold the physical gold into the market. Eventually this scheme to suppress the price of gold will fail to market forces which demand physical delivery and will be express through backwardation. One reason it does not happen faster is because it is difficult and costly to verify the quantity and quality of physical gold.

In contrast, the quantity and quality of bitcoins can be instantly determined for free be looking at the blockchain.

Consequently, the Bitcoin community's counter to any attempted price manipulation is pretty simple by standing for delivery; demand the bitcoins sent to an address where you solely hold the private key like in Armory.

And if courts allow naked short sellers to be unjustly enriched by delivering fiat instead of bitcoins then the market will simply remove that risk by shifting to collateralized options that settle in bitcoin like on Mpex.
Post
Topic
Board Auctions
Re: Website/Domain #1 rank on Google: FindBitcoinATM.com
by
sunnankar
on 12/03/2014, 06:40:54 UTC
Any interest?

Yes. But price seems a little high.
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Topic
Board Mining
Re: Facilities with $0.02/kWh in Seattle or Washington State
by
sunnankar
on 11/03/2014, 07:10:46 UTC
You researched out by Wenatchee?
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Topic
Board Economics
Re: How much investment is ACTUALLY represented by the bitcoin "market cap"?
by
sunnankar
on 07/03/2014, 23:44:14 UTC
I bet it has something to do with calculus.

Yes, particularly vector calculus and graph theory. You can figure it out  Wink
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Topic
Board Development & Technical Discussion
Re: Corrupt OS defeats air gap.
by
sunnankar
on 05/03/2014, 04:05:08 UTC
what is the solution to this?

the only sure fire way I can think of is you would photograph a qr code that held the signed transaction then this photo could be uploaded onto the client.

Someone already made this solution for Armory.
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Topic
Board Auctions
Re: BIT-COIN.COM Domain Name <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
by
sunnankar
on 26/02/2014, 03:39:50 UTC
cryptonames has retracted his bid  Embarrassed
so we are back at 1BTC  Grin

1BTC