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Showing 20 of 206 results by uvt9
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Topic
Board Bitcoin Discussion
Re: Jeff Garzik chose BIP100 block size voting because Blockstream recommended it
by
uvt9
on 28/08/2015, 16:16:45 UTC
basically BIP 100 give miners more control while can' even guarantee blocksize increase.
Post
Topic
Board Altcoin Discussion
Re: What is Shadowcash anonymous token vs non-anonymous token? Confused.
by
uvt9
on 28/08/2015, 06:20:36 UTC
why didn't you post this question to shadowcash ANN thread ?
Post
Topic
Board Bitcoin Discussion
Re: BIP100 gives miners too much power. Everyone should reconsider it
by
uvt9
on 28/08/2015, 06:04:51 UTC
I have same concern, BIP 100 can't promise bigger blocks while it undermines decentralization by giving miners more control. I want blocksize increase but if i have to choose between BIP100 and staying at 1MB forever, i would choose the latter. Core devs need to reject this proposal.
Post
Topic
Board Electrum
Re: Electrum 2.4 binaries
by
uvt9
on 24/08/2015, 18:29:47 UTC
Hi, i'm planning to install Electrum as cold wallet on my offline laptop running Ubuntu. However the installation instructions require me to connect this PC to internet in order to have Electrum installed:

Code:
sudo apt-get install python-qt4 python-pip
sudo pip install https://download.electrum.org/Electrum-2.4.4.tar.gz

Is there any executable for Linux/Ubuntu or alternative method to install without connecting offline PC to internet ?

Oh nvm, now i realized that i can run Electrum straightly from source.

Btw is there any advantage in term of usage from install as above compared to running from source ? I got the warning "You are offline" window and "Error: Cannot read config file" in the terminal" during first run but they disappear in later attempts.
Post
Topic
Board Electrum
Re: Electrum 2.4 binaries
by
uvt9
on 24/08/2015, 07:42:51 UTC
Hi, i'm planning to install Electrum as cold wallet on my offline laptop running Ubuntu. However the installation instructions require me to connect this PC to internet in order to have Electrum installed:

Code:
sudo apt-get install python-qt4 python-pip
sudo pip install https://download.electrum.org/Electrum-2.4.4.tar.gz

Is there any executable for Linux/Ubuntu or alternative method to install without connecting offline PC to internet ?
Post
Topic
Board Bitcoin Discussion
Re: Oh - you think the blockchain is getting too big?
by
uvt9
on 16/08/2015, 09:18:05 UTC
OP need to choose a better picture for this post, the Model say 60GB SSD   Grin
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin has NOT forked, calm down and don't spread misinformation
by
uvt9
on 16/08/2015, 09:00:50 UTC
Please use your eyes and read this: Bitcoin transaction fees go up when transaction data volume goes up, the blockchain functions perfectly normal regardless of transaction # or size.

Except that it can only perfectly function at the rate of 3tx per second.
Post
Topic
Board Bitcoin Discussion
Re: Big block support observer
by
uvt9
on 16/08/2015, 07:18:53 UTC
those pools support bigger blocks but they won't switch to a fork like XT, if i remember correctly they said that once.
Post
Topic
Board Off-topic
Re: Reddit Mod(s) banned/deleeted hundreds of XT posts...
by
uvt9
on 16/08/2015, 07:15:54 UTC

Plenty of room in ^there^ for all you Theymos and BashCo haters.

BashCo own /v/Bitcoin which is not censored and has decent number of subscriber.
Post
Topic
Board Bitcoin Discussion
Re: Did you read this? This is crazy shit.
by
uvt9
on 16/08/2015, 05:04:46 UTC
Eyes rolled as soon as I saw it's Mike Hearn.  He and Gavin don't care about 'Bitcoin'...  Not really.  They have ulterior motives with this fork.  Be careful and take what he writes with a grain of salt.  

This is quite a longshot, but Satoshi's opinion is really needed about the matter here.

And that is exactly why an imposer appeared to please retards like you

http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-August/010238.html


Quote
I have been following the recent block size debates through the mailing list.  I had hoped the debate would resolve and that a fork proposal would achieve widespread consensus.  However with the formal release of Bitcoin XT 0.11A, this looks unlikely to happen, and so I am forced to share my concerns about this very dangerous fork.

The developers of this pretender-Bitcoin claim to be following my original vision, but nothing could be further from the truth.  When I designed Bitcoin, I designed it in such a way as to make future modifications to the consensus rules difficult without near unanimous agreement.  Bitcoin was designed to be protected from the influence of charismatic leaders, even if their name is Gavin Andresen, Barack Obama, or Satoshi Nakamoto.  Nearly everyone has to agree on a change, and they have to do it without being forced or pressured into it.  By doing a fork in this way, these developers are violating the "original vision" they claim to honour.

They use my old writings to make claims about what Bitcoin was supposed to be.  However I acknowledge that a lot has changed since that time, and new knowledge has been gained that contradicts some of my early opinions.  For example I didn't anticipate pooled mining and its effects on the security of the network.  Making Bitcoin a competitive monetary system while also preserving its security properties is not a trivial problem, and we should take more time to come up with a robust solution.  I suspect we need a better incentive for users to run nodes instead of relying solely on altruism.

If two developers can fork Bitcoin and succeed in redefining what "Bitcoin" is, in the face of widespread technical criticism and through the use of populist tactics, then I will have no choice but to declare Bitcoin a failed project.  Bitcoin was meant to be both technically and socially robust.  This present situation has been very disappointing to watch unfold.

Satoshi Nakamoto


There is no way to prove that guy is real Satoshi, that message didn't have signature.
Post
Topic
Board Altcoin Discussion
Re: Ethereum dump starts?
by
uvt9
on 09/08/2015, 03:00:41 UTC
Of course its dumping. Every freakin IPO does. Poor bastards who are late to market or holding are going to lose money or baghold.  

We will have to open a section " Ethereum Bagholders Anonymous". "Free tissues".

ETH is trading, in BTC terms, between 4-5x the initial IPO price at the moment. Please spare ETH 'bag holders' your sympathy Cheesy

Let's not forget that BTC price was 600+ when Ether IPO start. With this speed of dropping, even IPO investors will see their break even (in USD) very soon, if i was them i would sell now to take some small profits.
Post
Topic
Board Altcoin Discussion
Re: Ethereum poised to overtake Litecoin in market cap soon
by
uvt9
on 08/08/2015, 12:55:28 UTC
Market cap is meaningless for premine/IPO/ICO coins, don't even try to mention it.
Post
Topic
Board Bitcoin Discussion
Re: WARNING: blockchain split
by
uvt9
on 04/07/2015, 09:31:33 UTC
i think bitcoin system made it's own back choosing for the valid chain

No the system didn't correct itself. It required those pools updating their software in order to mine blocks properly.
Post
Topic
Board Bitcoin Discussion
Re: WARNING: blockchain split
by
uvt9
on 04/07/2015, 09:27:38 UTC
OMG WTF guys? I`m getting scared.

So if i just send now a transaction, then i lose my bitcoins and it doesnt get to the other end?

Also what if i buy now bitcoin with € do i get fake bitcoin if the merchant is on wrong chain?

This could be a serious problem. No FUD intended but seriously, i`m starting to panic/   Huh

OMG WTF please read carefully before getting panic. Everything is settled, those who using Bitcoin core older than 0.10 and was receiving payment during fork period should wait at least 30 confirmations.
Post
Topic
Board Bitcoin Discussion
Re: WARNING: blockchain split
by
uvt9
on 04/07/2015, 08:56:37 UTC
wasn't the problem fixed shortly ?
those pools went back to valid chain so what are we worrying about ?
Post
Topic
Board Speculation
Re: Will banks using bloackchain affect Bitcoin price?
by
uvt9
on 23/06/2015, 18:15:50 UTC
Banks using blockchain technology will raise awareness of cryptos, might bring more users into bitcoin, but not enough to move the prices. If banks use THE bitcoin blockchain, it will affect bitcoin price a lot, since they need to buy bitcoin to send transactions to the blockchain.

Using blockchain doesn't necessarily mean buying Bitcoin. The blockchain can be serve as trustless record ledger.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CYP] Cypher [QUBIT][1MB BLOCK] [IEO STARTED w/ ESCROW][LAUNCH APRIL 7]
by
uvt9
on 02/04/2015, 17:24:27 UTC
Yes ! Another shitcoin ! This is exactly what cryptocurrency need to go mainstream !!!!!
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Topic
Board Bitcoin Discussion
Re: Proof-of-stake is more decentralized, efficient and secure than PoW- white paper
by
uvt9
on 01/04/2015, 18:35:35 UTC
Here we go again.
Post
Topic
Board Bitcoin Discussion
Re: Sheep Market owner arrested!
by
uvt9
on 28/03/2015, 19:47:43 UTC
The fact that someone getting investigated just because he suddenly got rich is really scary.

Why don't he just tell authority that he bought those coins years ago when it was only few cents a pop ? How did police end up revealing the stolen coins ?
Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
uvt9
on 28/03/2015, 19:32:07 UTC
Hello, can someone put a sum up about Shadowcash ? I don't like POS distribution but from technology wise, what is its advantages and disadvantages compared to Monero ? I heard it has ring signature and ZK in bitcoin codebase which seems serious.