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Showing 17 of 17 results by tdk2
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Board Development & Technical Discussion
Merits 2 from 1 user
Re: Bitcoin must upgrade or fall victim to quantum computing in 5 years
by
tdk2
on 13/07/2025, 09:52:00 UTC
⭐ Merited by d5000 (2)
please be aware of this report summary from Bitcoin Optech, with link to the original source:

https://bitcoinops.org/en/newsletters/2025/06/06/#quantum-computing-report

for a discussion of the state of quantum technology, potential risks for Bitcoin, and, most important, some practical recommendations.

I think the most important piece is to immediately begin a discussion about how a general consensus should be reached on how to implement a quantum-fix when it becomes necessary.
It wouldn't help if there are technical proposals available, but a prolonged civil war about how to implement would delay them, possibly beyond a real quantum attack.
Remember the blocksize and segwit discussions? QT could make a lot of progress in the amount of time it took to resolve these issues...

Recommendation of the authors is:
within 2 years, develop a technically sound short-term fix, and reach agreement within the whole ecosystem on how to implement it quickly in case QT progress makes it necessary.
within 7 years, have a quantum-resistant Bitcoin fully developed and deployed (they expect a possible quantum threat between 2030 and 2035)

While one can debate the author's timeline assessments, I think it makes a lot of sense to at least begin to prepare the way to implementation right now.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Core 28.0 Released
by
tdk2
on 23/03/2025, 07:58:29 UTC
Bitcoin Core 28.1 has been released but the banner here still says Bitcoin Core 28.0.

With this issue still not resolved, and Core 29 release candidates already out there:

Where is the proper place to look for immediate notification when a new Core version (main or update) is relased?

seems like the anser is no longer "here"....
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Topic
Board Development & Technical Discussion
Re: Proposal to Address Dormant Bitcoin:Recycling Lost Coins into the Mining Process
by
tdk2
on 03/08/2023, 15:32:37 UTC
we propose the implementation of a mechanism that gradually and systematically sends dormant funds back into the mining process after a predefined period of inactivity.

Several Swiss banks tried just such a scam with "unclaimed" Jewish assets from the time of the Holocaust. Didn't end well for them.
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Topic
Board Development & Technical Discussion
Re: question on empty block mining economy
by
tdk2
on 26/02/2021, 11:24:04 UTC
DannyHamilton just explained that there is no universal timestamp.

And even if I went your way, it would only make the mystery much deeper: If really most empty blocks are found within a second, and we have about 1% empty blocks on average - that would mean the probability to find an empty block within 1 second is 1%. Not 1/600th of the average block time of 600s.

Do you imply that different mathematics of difficulty apply to empty blocks?
If yes, why would any miner "waste" 99% of his computing time on finding full blocks, when mining empty is so much easier?
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Topic
Board Development & Technical Discussion
Re: question on empty block mining economy
by
tdk2
on 25/02/2021, 15:38:59 UTC
Also note, there is no universal exact time that all miners and pools are using.  Because of this, there may be some miners and/or pools that use the timestamp as an additional nonce. The timestamp in the block header can vary quite a bit. So, that 5 seconds might not actually be 5 seconds.

I was not looking at the timestamps for my estimate. If average block time is 10min (600s) , then a quota of roughly 1% of empty blocks found points to an average "empty block mining time" of 6s. Rough guesstimate, of course, but still way beyond the actual "assembly time" for a full block header.

From the previous answers (thanks!) I get that many widely varying economic factors come into play for a pool's decision on how long to keep mining the empty block.
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Topic
Board Development & Technical Discussion
Topic OP
question on empty block mining economy
by
tdk2
on 25/02/2021, 12:40:58 UTC
Hi,

maybe someone can shed light on a question I am wondering about.

Empty blocks are usually found very quickly after a "normal" block. The explanation I have heard most is that miners will start mining an empty block while they still assemble the tx and merkle roots for the next "normal" block. Sometimes they get lucky in this short time.
The frequency of empty blocks would suggest this "short time" to be around 5 seconds, plus/minus 50% or so. This sounds like an awfully long time to get the normal block preparation done.
Is there something I am missing? Is the chance to catch the block reward with an empty block good enough to always mine on it for several seconds?

thanks for any insights
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Bitcore - BTX - SEGWIT - BLOOM - ONLINE - CORE 0.14.1 -431110+ BTX Claimed
by
tdk2
on 14/10/2017, 15:17:26 UTC
Hi, hope someone here can help me.
On bitcore.cc, I claimed the BTX from one of my bitcoin addresses to an invalid payout address (in fact, I copied the message signature there by accident). I got an error message about the invalid address. When I try to claim again, the system tells me that these BTX have already been claimed , right after I enter the original address. Is there anything I can do to "reset" or edit this claim?
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Topic
Board Altcoins (Deutsch)
Re: Incent: Die erste universelle, Händler unterstütze Treue- Plattform
by
tdk2
on 02/07/2017, 13:08:25 UTC
Danke an alle,
ich hatte auf einer Börse noch etwas Waves-"Kleingeld" , das ich jetzt als "Lösegeld" auf das Waves Lite-Wallet geschoben habe.
Sollte für die Gebühren reichen, falls ich die Incents doch mal flüssig machen will...
Post
Topic
Board Altcoins (Deutsch)
Re: Incent: Die erste universelle, Händler unterstütze Treue- Plattform
by
tdk2
on 01/07/2017, 12:03:00 UTC
Danke für die Antwort, aber hier spricht ein Waves-Anfänger.

Was ist mit der Waves Exchange gemeint? Google zeigt da mehrere Alternativen...

Das Waves Lite Wallet habe ich, kann auf dem aber keinerlei Orders platzieren. Kriege immer ein besonders hilfreiches "ERROR Order was not placed"
Kann das daran liegen, dass fees immer in WAV angezeigt sind, ich aber Null WAVs im Wallet habe? Nur die ICO-Incent und IncentCoffee...

Muß ich da erst WAVs auf einer anderen Börse kaufen und überweisen, oder bin ich völlig auf dem falschen Gleis?

Post
Topic
Board Altcoins (Deutsch)
Re: Incent: Die erste universelle, Händler unterstütze Treue- Plattform
by
tdk2
on 30/06/2017, 16:11:17 UTC
Noch will ich nicht aussteigen, aber mich zumindest mal informieren, wie das denn überhaupt geht.
Meine mit Waves beim ICO gekauften Incents werden mir auf https://www.incentloyalty.com/ico angezeigt.

Aber was kann ich dann mit denen machen? Wie kriege ich die verkauft oder auf eine Börse (zB openledger) verschoben?

Ich finde da keinen Knopf dafür auf dieser Seite...
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Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
tdk2
on 20/01/2017, 17:25:17 UTC
thanks for 1.1.0 and a feature request:

I like to keep my cryptocoin data directories on an encrypted drive, so it would be nice if byteball was flexible in where it puts it's data directory.
A start paramater like bitcoin's -datadir=... would be just fine for a start.


Yeah thats nice but I guess you could always crate a symlink from ~/.config/byteball to where you want it to be, until the "feature-request" is fulfilled.

I would recommend this too.
If someone still wants to implement -datadir option, we accept pull requests in our github repo https://github.com/byteball/byteball.

I know, I should have mentioned this, but I'm on Windows... forget reliable symlinks there...

EDIT: tried it, it will read the data throug a link when first opened, but then write out data to the hard-coded %APPDATA%... again instead of through the link.
Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
tdk2
on 20/01/2017, 06:45:56 UTC
thanks for 1.1.0 and a feature request:

I like to keep my cryptocoin data directories on an encrypted drive, so it would be nice if byteball was flexible in where it puts it's data directory.
A start paramater like bitcoin's -datadir=... would be just fine for a start.

Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
tdk2
on 06/01/2017, 10:21:40 UTC
Maybe I have missed this,

but is there actually already a way to spend Bytes and use the database?
(...)

Also interested in documentation on this functionality

Judging by the zero replies, I assume that, at this point in time, there are no byteball-based applications or services.
Any announcements I may have missed, anything in the pipeline? Not that I can find anything on byteball.org...

Shouldn't (early) applications play a role in the discussion of potential value and distribution schemes?
Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
tdk2
on 04/01/2017, 20:21:06 UTC
Maybe I have missed this,

but is there actually already a way to spend Bytes and use the database?

I don't mean trade - I mean, e.g., I totally trust this thing to be around for the next 50 years, and want to store an important document (say, my will, as a 1MB PDF-A) in it's database instead of paying a notary.

How would I have to go about doing that? The whitepaper describes what kind of data structures to create, but what are the actual steps to do so, where do I send them (from the wallet??) and to whom?...  How would I keep a local documentation of the database entry, how could someone (after my untimely demise and loss of my computer passwords) retrieve or verify this document?

The distribution scheme seems to promote holding (or trading) the coins, so does the discussion here.
Totally understandable, but I am also interested in it's intended use...



Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
tdk2
on 02/01/2017, 12:42:10 UTC
Then update to 1.0.0 version and they should show.

Done, and gave it some tyme to sync - didn't change anything, though...

Post
Topic
Board Announcements (Altcoins)
Re: Blackbytes balance?
by
tdk2
on 02/01/2017, 11:26:07 UTC
Hi,

am I just too dumb to find the toggle switch or did I not receive Blackbytes?
this is my balance from the original distribution, no other activities were done on this wallet.

any hints about what I can do?

https://s28.postimg.org/ctu04b7x9/image.jpg

Are you running the latest version of the byteball wallet? The older version might not display blackbytes.

I am running 0.7.1
Post
Topic
Board Announcements (Altcoins)
Blackbytes balance?
by
tdk2
on 02/01/2017, 11:10:51 UTC
Hi,

am I just too dumb to find the toggle switch or did I not receive Blackbytes?
this is my balance from the original distribution, no other activities were done on this wallet.

any hints about what I can do?

https://s28.postimg.org/ctu04b7x9/image.jpg