The scanning doesn't take too long on my desktop (about 4 minutes) but it sure is going to be a delight to see faster startup. What's the right branch for testing out the linux version you mentioned earlier?

Thanks for your hard work!

^
^  ^

Damn it!

Well, it's just bruteforcing passphrases. For every character you add to the passphrase length, you change the difficulty of bruteforcing quite a lot. Let me demonstrate


OK, lets imagine. [source: http://calc.opensecurityresearch.com/ ]

Bruteforcing SHA256 at 138 terahash/s when key length is.. (oh, I just checked: according to blockchain.info the hashrate is today 174 terahash/s)
8: less than a second (lowercase alphanumeric) | 1 second (mixed alphanumeric)
9: less than a second | 1 minute 39 seconds
10: 27 seconds | 1 hour 43 minutes
11: 16 minutes | 4 days
12: 10 hours | 275 days
13: 15 days | 47 years
20: 3 billion years | 164 trillion years
256 lowercase alphanumeric characters (SHA256 hash): 

So keep your passphrases long. I suppose to maximize key strength one could hash the passphrase before using any standard truecrypt algorithm. It's rather likely that an attacker would attempt to bruteforce against a known hashing algorithm (or a sequence of them), so that's one more hindrance.

Weren't those instant deposits the bane of bitcoin24? Instant made it impossible to control criminal activity (depositing stolen money, quick trade to bitcoins, withdraw, poof) with grave consequences. I don't like it, but centralized exchanges are run by companies and companies need to comply with local legislation or they risk blowing up everyone's money in the process.

One option would be that instant deposits could be enabled for only for members whose identity is verified. However there's no smart framework for verifying identities of EU citizens at the moment that I know of. I'd be happy to know of one though. Requiring customers to mail a notarized copy of their passport seems excessive in this digital age.

I'll cut straight to the topic - Currently there quite a few EU based centralized exchanges running that deal in Euros. As things in the Bitcoin world have been evolving we have seen various issues with these centralized exchanges. Centralized exchanges operate at the mercy of their bank. At every turn there can be unexpected setbacks, such as SEPA chargeback as experienced by localbitcoins recently.

How do you feel about the current situation? Are centralized exchanges a necessary evil? Could things be improved? What do you not like about current existing exchanges?

I dislike forced USD trade (Bitstamp), exchange fees that are over 0.3%, and the volume monopoly of the biggest exchanges. And yes! I'm interested in improving the situation, thus I'm asking for your opinions and thoughts.

Yeah.. it's gonna take 72 years to crack a 8 letter alphanumeric password.

Bitcoin-qt might minimize to system tray. Does it say "Cannot obtain lock on data directory ... ... Bitcoin is probably already running." when you attempt to open it again?

Well, in that case bitcoin is already running, like it says. All you have to do is open it from your system tray, which is located at bottom right of your screen should you be using a Windows OS of some sorts.

And I've been working on a project that would rely only on SEPA payments for the last few weeks. Uh oh..

Any other bitcoin related applications you have installed? I imagine its quite easy for an app to enable the bitcoind api and then hammer sendbitcoins request over the api until the user unlocks the wallet (which is a security flaw of you ask me. )

+1, posting from hardened gentoo. :-) Armory with offline wallet running on linux is pretty much as safe as it gets. And backups, backups and backups..

Never heard of Aj's pool. 200 coins?

Something doesn't sound quite right here.

What can you expect from a newbie? Heh heh.

I'm outta here.

I don't think so. Maybe this will do? http://explorer.litecoin.net/



You're trusting all your litecoins on a russian service that might disappear any day without a trace?

That's what GravePhoenix, first time poster, says he's trying. Better not place your trust so easily on bitcoin world. :-)

If you're running linux..

I'd give it a shot with the old public release of wireshark; http://wiresharkdownloads.riverbed.com/wireshark/src/wireshark-1.6.15.tar.bz2 and then just follow the readme on the github.

If you're running windows, uh.. try something completely different. What's your level of understanding on packet sniffing? Would it be enough to observe the transactions going live on blockchain.info?

Pretty clever. I guess I should do the same, because I can't really seem to find any thread on the newbie forum that I can contribute to..