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Crust First posted:you can confirm ownership quite easily without moving coins at all. it's just public key crypto, so you can sign any message required as proof. it's just like pgp/gpg, except instead of being impossible to use for normal people, it's impossible to use for normal people and also stupid. which is, by the way, saying "you can trust me because of this system, which you don't understand, but trust me it works"
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# ? Aug 14, 2014 19:06 |
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# ? Apr 27, 2024 17:35 |
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theflyingorc posted:we aren't sure what bitpay is doing, I suspect they're hoarding and slowly eating through their investor money in the hopes that the price spikes again and they can then sell all they have to do is start their own exchange so they can force the price up again with bots and lag theflyingorc posted:which is, by the way, saying "you can trust me because of this system, which you don't understand, but trust me it works" which is ironically how 90% of the sites on the internet broke when that SSL 0-day happened a couple months ago that's not really a bitcoiner-only phenomenon
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# ? Aug 14, 2014 19:12 |
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theflyingorc posted:right, but the tools to easily do so aren't really there. if the standard wallet app had a "generate signature" button and a "this signature means control of this address" text field and button it would be pretty simple, which is why I don't consider it an intrinsically broken part of the protocol, just something that requires you sitting down and spending ten minutes explaining what's happening to someone there is a sign message and verify message function built into the default client, but i've never actually used it, so i can't say how poo poo it is. i think it requires an address, a message, and a signature to verify, which is a bit crap (the fact you don't get a single block of text to paste for verification), but honestly even if it was amazing nobody would use it anyway, or if people used it someone would just sign a message with a bitcoin address that sort of looked like the address they were claiming but was a bit different (because nobody checks the whole drat address). i dont think its a problem you can solve with software, public key crypto would need to be solved by educating the people who would need to use it, and lord knows bitcoiners arent able to educate anyone on anything, least of all themselves. im not trying to defend bitcoin in any way, btw, i just prefer when mocking is on target, so it doesnt give them an out to go "well if you just understood, man, have you read the whitepaper?"
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# ? Aug 14, 2014 19:23 |
Stop talking about technical poo poo and start posting stuff like someone said buttcoin, wtf
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# ? Aug 14, 2014 19:31 |
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i'm not certain we're in much disagreement. what i think they should have is just a simple format where you can enter your private key, have it ping the network in some way, and have the ledger contain "Address X verified as owned with attached message: XXXXXXXXXX" so that you've got something contained within the protocol, not just some random thing only using the underlying public key cryptography it's built on. I geuss that creates the problem of spamming "transactions", though. the way of solving it that you're describing is basically more bitcoin that bitcoin is in clumsiness. i get that it's possible, but it's not a good solution, and i think it's a usability issue with the protocol
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# ? Aug 14, 2014 19:31 |
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theflyingorc posted:...I'm actually not sure if there are any other "flaws" with Bitcoin. so I can only think of 5 base issues, 2 of which could probably be fixed (deflationary and ownership), and 3 of which are showstopping root problems with the very idea of BTC perpetual massive energy waste is the big drawback you didn't list, but i'm not sure how fixable that is
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# ? Aug 14, 2014 19:32 |
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Bitcoin isn't actually a good protocol because literally the only thing that protects it: dispersed miners didn't actually end up being a thing in real life. Bitcoin doesn't actually work.
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# ? Aug 14, 2014 19:32 |
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sharknado slashfic posted:Stop talking about technical poo poo and start posting stuff like someone said buttcoin, wtf bringing this one out of retirement too e. FCKGW plz put this on buttcoin.org tia
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# ? Aug 14, 2014 19:35 |
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Owlofcreamcheese posted:Bitcoin isn't actually a good protocol because literally the only thing that protects it: dispersed miners didn't actually end up being a thing in real life. Bitcoin doesn't actually work. mods toxx this man until he tells us about the time his boyfriend 3-D printed a Dildo remover to remove the 3-D dildo he printed and stuck in his rear end when his wife left him for reverse mortgaging her parents house for Bitcoin
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# ? Aug 14, 2014 19:37 |
BeOSPOS posted:bringing this one out of retirement too Hey new chooch guy when you fix amberpos please put this at the top of yospos
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# ? Aug 14, 2014 19:44 |
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Greyhawk posted:this response is interesting if only for the fact that overstocks ceo is a bitcoin believer, which makes overstock one of the very very few companies actually accepting bitcoin through bitpay and not dollars through bitpay FUD right? isn't he taking like 90% in cash, and only 10% in butts? TVarmy posted:it's like going to a gay prostitute and having him reassure you that you're still completely straight so you can go back to being a minister. same
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# ? Aug 14, 2014 19:45 |
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Sweevo posted:mods toxx this man until he tells us about the time his boyfriend 3-D printed a Dildo remover to remove the 3-D dildo he printed and stuck in his rear end when his wife left him for reverse mortgaging her parents house for Bitcoin Like I would ever have a wife, do you know who I AM?
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# ? Aug 14, 2014 19:48 |
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Owlofcreamcheese posted:Like I would ever have a wife, do you know who I AM? a breathless d&d tech fetishist?
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# ? Aug 14, 2014 19:59 |
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BeOSPOS posted:bringing this one out of retirement too
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# ? Aug 14, 2014 20:03 |
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sharknado slashfic posted:Hey new chooch guy when you fix amberpos please put this at the top of yospos i use amberpos and havent noticed anything that needs fixing...?
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# ? Aug 14, 2014 20:08 |
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# ? Aug 14, 2014 20:09 |
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i'm pretty sure it's by design that you can't prove somebody has control of a bitcoin wallet unless they volunteer a signed message. the scenerio in satoshi's mind probably went like this: a butt vignette posted:Alice owns 25 bitcoins, worth over 9 billion dollars now that bitcoin has gone up uP UP. Bob runs the federal government, which UNJUSTLY wants to tax Alice's capital gains. Nothing give him the right as the 16th amendment [...] Of course in reality it would be, quote:Judge: Alice, you bought heroin just last night from this address, and we saw you pick up and use the heroin. We have enough to lock you up, but we'll go easy on you if you give us your private key. Besides, even if you take your prison sentence and leave, we're watching that account forever. If you take even one satoshi out, we're going to find you.
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# ? Aug 14, 2014 20:17 |
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p. sure the reasoning in satoshi's mind went "uh this british model train store declined my visa debit card, there's got to be a better way"
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# ? Aug 14, 2014 20:20 |
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alice always seemed like such a nice girl
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# ? Aug 14, 2014 20:23 |
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Ursine Asylum posted:which is ironically how 90% of the sites on the internet broke when that SSL 0-day happened a couple months ago idgi, how does heartbleed relate to that?
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# ? Aug 14, 2014 20:42 |
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theflyingorc posted:edit: we can talk with him now since we all died at the end of the last thread not sure that ghosts can talk to double ghosts, waiting on confirmations sharknado slashfic posted:Stop talking about technical poo poo and start posting stuff like someone said buttcoin, wtf wait, did they???
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# ? Aug 14, 2014 20:51 |
Pardot posted:i use amberpos and havent noticed anything that needs fixing...? Oh I read somewhere it wasn't working. I'm a green supremacist myself
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# ? Aug 14, 2014 20:51 |
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Boxturret posted:alice always seemed like such a nice girl not like that nosy bitch eve
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# ? Aug 14, 2014 20:51 |
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computer toucher posted:idgi, how does heartbleed relate to that? "you can trust me because of this system, which you don't understand, but trust me it works" is the base of every "open source is more secure because it's open" argument when the reality is that 99.99999% of people who use it don't have any interest in the backend and trust that the remaining .000001% who work on it aren't actively or accidentally loving them over and then sometimes a bigass bug gets through like heartbleed and everyone's confused how it happened
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# ? Aug 14, 2014 21:07 |
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Ursine Asylum posted:and then sometimes a bigass bug gets through like heartbleed and everyone's confused how it happened when heartbleed happened someone dug up a post by a guy who was like "i took a look at openssl and it is a huge piece of poo poo, nobody use it" but everyone totally ignored him
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# ? Aug 14, 2014 21:11 |
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theflyingorc posted:the biggest of these is that it is inherently deflationary which is dumb as hell, it's literally the only part of the system where I think Satoshi was actively stupid theflyingorc posted:...I'm actually not sure if there are any other "flaws" with Bitcoin. so I can only think of 5 base issues, 2 of which could probably be fixed (deflationary and ownership), and 3 of which are showstopping root problems with the very idea of BTC the way things are it has caused things like people losing comical amounts of bitcoins as mining fees (emptying their wallets) when testing their own badly-programmed implementation, and that whole "enjoy sochi" thing. a spammer was sending out insignificant fractions of bitcoins to various addresses, without a transaction fee so they typically didn't go through, and some of the recipients' clients locked them out preventing them from spending, which i think was because those clients were set up to not spend bitcoins from an address with unconfirmed transactions so that the client would be sure of the exact value of that address and therefore the exact amount to send back to itself as change so the lovely way it's been implemented has been p. good for laffs but hasn't been particularly Good For Bitcoin
jony ive aces fucked around with this message at 21:19 on Aug 14, 2014 |
# ? Aug 14, 2014 21:15 |
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anyway sorry for the effortpost "buttcoin"
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# ? Aug 14, 2014 21:16 |
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jony ive aces posted:"buttcoin"
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# ? Aug 14, 2014 21:17 |
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Dren posted:when heartbleed happened someone dug up a post by a guy who was like "i took a look at openssl and it is a huge piece of poo poo, nobody use it" but everyone totally ignored him unless you've got something in your hand that's a viable replacement or a real fix for the problem, saying "$codebase is a huge pice of poo poo, nobody use it" is the second-biggest waste of time you could involve yourself in jony ive aces posted:effort in yospos this is of course the first biggest
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# ? Aug 14, 2014 21:28 |
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jony ive aces posted:stupid way transactions occur leading to miners fees that wipe out a wallet i think the reason for this is because "satoshi" wanted people to never use the same address ever again after using it once. the reference client uses all these hidden change addresses (that are generated every 50 transactions or something so if your backup is too old your coins are lost forever) to help with the "bitcoin is anonymous and also has a public ledger!" issue; if you can't be sure which part of a transaction is the "change" and which part is the "bought some drugs" it makes it harder (in theory) to follow the flow of cash. of course most people hate that idea and want to use the same address all the time, which means you have to send the change back to yourself, which is completely screwy and non-intuitive. it's one of many "technical solutions" in bitcoin to handle issues caused by bitcoin.
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# ? Aug 14, 2014 21:35 |
jony ive aces posted:
Thank you for your service
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# ? Aug 14, 2014 21:40 |
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Muscle Tracer posted:stay safe bitcoin stymie
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# ? Aug 14, 2014 21:50 |
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sharknado slashfic posted:Thank you for your service
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# ? Aug 14, 2014 21:51 |
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Ripoff posted:honestly if bitcoin is the work of one guy it's still p. impressive despite some glaring flaws, like you said
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# ? Aug 15, 2014 00:03 |
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check out last 3 tweets (about magicaltux) https://twitter.com/0xabad1dea
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# ? Aug 15, 2014 01:04 |
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EMILY BLUNTS posted:check out last 3 tweets (about magicaltux) content from ^ code:
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# ? Aug 15, 2014 01:16 |
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Looks like base64 Oh that's what you did Carry on
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# ? Aug 15, 2014 01:57 |
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Hey guys, Just got offered a job relating to bitcoins. And I'm new to the whole thing. Help please. (self.Bitcoin) submitted an hour ago by GKoala So I recently replied to an ad for a job as an executive assistant to process bitcoin transactions. Here is what was described to me as the process: A regular transaction would look like this: A client registers and verifies his/her order on our website The client sends funds to your account and confirms this to us We let you know about the new transaction You inform us after the funds have cleared into your account (usually 1-2 business days) We place a buy order with the broker that manages all the bitcoin sellers. I forward the deposit instructions to you You cashout the funds, hold your commission and any banking fees and deposit the rest into the indicated seller's account, in person at a teller's desk( usually at Bank of America ). Part of the job is that I need a bit-coin friendly bank, but after a quick google search I couldn't find much use. (I did find a bit on Bank of the West. Can you guys help me find a bitcoin friendly bank in the Massachusetts area? Thanks a lot guys.
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# ? Aug 15, 2014 02:03 |
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BIT-COIN
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# ? Aug 15, 2014 02:08 |
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# ? Apr 27, 2024 17:35 |
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advance fee fraud goes bitcoin, yeah
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# ? Aug 15, 2014 02:11 |