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QuarkJets posted:You choose a door at random. The gameshow host opens one of the other doors, revealing a butt. The door that you chose has either another butt or a butt. If you switch doors, what's the probability that you'll be goxxed? it's more like you choose a door at random, behind that door is a gox. you are goxxed. you choose another door. behind that door is a gox. you are goxxed. do you choose another door? yes, you are a savvy investor. how many doors could possibly have a gox anyway? all of them. all of the doors. (USER WAS PUT ON PROBATION FOR THIS POST)
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Oct 24, 2014 19:44
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Izumi Konata posted:there is a real commodity being overlooked in this whole decryption process i believe is being concealed. what is the blockchain, what is being decrypted, and why is every explanation veiled in ignorance or insincerity? i have a hunch the whole concept has darker connotations. it reeks of game theory. the blockchain is a list of lottery ticket winners and nothing is being decrypted, a million monkeys are banging on a million typewriters until they produce mlp fanfictions.
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Oct 25, 2014 16:24
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reddit posted:Also I think we need to incorporate the Reality Distortion Field strategy implemented by Steve Jobs and Apple, inadvertently or otherwise, to the masses. I am not a personal fan of this (sorry Apple), but the difference is that Bitcoin is not bound by a private entity like Apple is. emphasis not mine. comes from some random poster in a thread where someone suggests all merchants offer discounts (like 10%) for bitcoins forever to drive consumer adoption, because they're saving 12% on credit card processing fees. claims to not be an ideas guy, just a guy with ideas who is paying 12% credit card processing fees.
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Oct 27, 2014 10:36
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prefect posted:it's actually pretty good i moved to another country and tombstone pizzas are the only thing i miss.
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Nov 6, 2014 19:30
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Improbable Lobster posted:tip completely inappropriate posts everywhere use it to buy ben lawsky reddit gold
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Nov 8, 2014 05:13
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the best thing is that bitcoin was pushed as a microtransaction savior early on, monitize the web, etc etc, and now the official stance is that bitcoin is not useful for microtransactions because of
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Nov 9, 2014 14:09
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bitcoin is the most powerful disruptive technology on earth! it's more important than the internet, or the transistor, or fire! also it can be completely destroyed by 3-5 people posting about butts.
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Nov 11, 2014 18:37
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"we can't use testnet because it would make testnet unusable for everyone else! we had to use the live bitcoin network because there hasn't been a way to setup your own private testnet since at least 2011!"
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Nov 13, 2014 00:20
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RubberJohnny posted:so can Butterfly Labs not just go "these are for mining crypto not BTC specifically, people could have made money on any of these things at any date with any cryptocurrency" almost no altcoins use the same algorithm as bitcoin because to do so nowadays is to get your coin stomped into the ground by one of the bitcoin devs (basically he'll point his pool at your coin and gently caress with it until it's useless); many altcoins use scrypt (which litecoin popularized) and you can't mine a scrypt coin with a bfl miner. i think namecoin uses the same algorithm as bitcoin, and most of the mining that happens with namecoin is called "merged mining" which means it happens in parallel with bicoin, so you get paid in both as you mine.
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Nov 13, 2014 15:58
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PleasureKevin posted:why does the Bitcoin dev do that? seems counter to open source. like make stuff open source then actively kill it's forks with guerrilla warfare until people are afraid to use it. his words: luke-jr posted:Eligius is a Bitcoin mining pool and I am, as always, committed to doing my best to contribute to and protect the Bitcoin ecosystem. Pyramid schemes built upon forks of the Bitcoin software ultimately discredit and harm Bitcoin's reputation. I hope CoiledCoin will be the last of such scams now that it is clear there are people (not just myself) willing to stand up to them. Namecoin alone demonstrates a legitimate, innovative use of Bitcoin technology, and while I don't personally agree with their ideals/goals, I see it as a good thing for Bitcoin and worth cooperating with.
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Nov 13, 2014 16:53
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Werthog 95 posted:inaba is zerlan 
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Nov 13, 2014 16:57
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QuarkJets posted:Do bitcoiners have anything to say about quantum computers likely turning public key cryptography into poo poo sometime this or next decade? I know that they think that their butts are going to last forever, but before long mankind is going to develop a capability that destroys the foundation upon which they've placed their hopes and dreams,and and even the most hardcore holdouts will be hosed then on the wiki, so it is already solved. they'll just update to a new protocol, which will require the cooperation of everyone on earth and cause a hard fork, and likely freeze or roll back all transactions from the time of breaking to the time of the update. bitcoins! edit: also yes if you don't reuse addresses, you should be safe, in theory, but in practice lol to both people not reusing addresses (there's like a million vanity address generators, some of which probbably don't even steal your coins!) and to the idea that bitcoin is ever safe. if quantum computers are loving up financial transactions everywhere, bitcoin is the last place you want your money because you are never going to get your money back after things go to hell. Crust First fucked around with this message at 00:26 on Nov 23, 2014 |
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Nov 23, 2014 00:22
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CampingCarl posted:UTXOs are just the outputs of a transaction in a block and those do have the value. The value of the outputs can only be a total of the inputs (plus any mined coins) so you don't need to look at earlier blocks. This is why only nodes and miners actually have to download the full blockchain. Satoshi even described a way to prune the blockchain by discarding the blocks where all the outputs have been used in later blocks because you don't need them. As far as I know Bitcoiners have decided not to use that because reasons. you actually do need the whole blockchain, miner or not, if you want to know the real balance of an address. while transactions are just made of inputs and outputs, there is no "running total" kept for inputs that an address can access. right now there are a bunch of clients where you can trust a third party to give you a total for your address without having the whole blockchain, but that's because that third party has the blockchain instead. there IS a pruning algorithm described by satoshi, but it's not been implemented and there are no plans to implement it aside from it being "on the wiki". (also the miners need the full blockchain not because they want to know the full balance of an address, but because they want to access the blocks where an input was confirmed. they don't really need to know if an address has a single input or a thousand inputs, they just care if the input(s) you're spending is/are valid.)
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Dec 14, 2014 23:41
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CampingCarl posted:I just went and checked the paper again. Perhaps "running total" was a poor choice of words because the total could be spread over more than one block, but you still only need those blocks where the address is involved. Say there is a transaction that spends all of A to B in a block, then later in a second block there is a transaction from B to C. For the wallet software to find the value of C it doesn't require the first block, only the second. If that first block contains only that one transaction you could delete it entirely. the problem with pruning the blockchain by just discarding blocks is that you now have no way to verify some malicious node hasn't given you faulty blocks. as it currently stands, by keeping every block since the dawn of time, you can verify all interim blocks are "the real blockchain" by comparing them to the previous block. if you start stripping out "useless" blocks lol all of them right you have a blockchain full of holes, unlike a real chain which is, well, okay, it's like a blockrope, and seriously the implementation of the blockchain is at best a horrible tech demo, just like everything else in bitcoin, and it's fixed by mentioning how it could be fixed on the wiki, just like everything else in bitcoin.
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Dec 15, 2014 14:50
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What is 5?
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Dec 16, 2014 03:51
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multistability posted:yospos, i have a question: if Second Life (LMAO!) is so stupid, then pls explain this:
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Dec 17, 2014 16:41
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Robawesome posted:guys im having a MAJOR problem. my trezor is sending to a address I HAVE NOT AUTHORIZED (self.Bitcoin) ah yes, change addresses, the most intuitive part of bitcoin! want to be pseudoanonymous with bitcoin? never send the change from an address back to the original address! instead, send it to a new random address and hide that info from the user, because it would just be confusing to keep changing the address they think they have. what's that, have a backup, or exported your key, before you sent your money to the change address, and now you need to restore from that key or backup? your bitcoins are gone forever! i guess trezor might be deterministic so they aren't gone forever if you can recover you wallet somehow, but still
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Dec 18, 2014 04:43
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quote:changetip 9 points 13 hours ago bitcoin.
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Dec 20, 2014 21:21
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i'm basically nobody, but i want to let you know i think you're one of the coolest people around here, and i wish you happy holidays and all the best in the new year.
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Dec 22, 2014 23:51
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FCKGW posted:i wish listen to buttcoin wasn't broken here's a low effort mirror that works, maybe
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Jan 4, 2015 03:32
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quote:Adding Bitcoin to a will? (self.Bitcoin) quote:KingOfRye 3 points an hour ago quote:dskloet 2 points 2 hours ago quote:wealthandfitness 1 point an hour ago
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Jan 11, 2015 18:00
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if you never lose anything if you don't sell, then you must also never gain anything if you don't sell, and everyone knows true bitcoiners will never sell, so... i guess the math checks out.
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Jan 14, 2015 21:35
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Verdafolio posted:now that bitcoin is dead cat bouncing, everyone has started talking about "blockchain technology" smart contracts and the internet of things and anything you can dream of, and more!
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Jan 19, 2015 16:54
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Jan 23, 2015 21:14
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As a Millennial I posted:
according to http://whois.domaintools.com/coinfire.cf the domain was registered today. seems likely they let registration lapse, someone picked it up, and recovered access to their twitter and reddit acounts (which probably had coinfire.cf emails).
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Jan 23, 2015 22:19
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Aleksei Vasiliev posted:The Treasury Department states this bill requires the Treasury Department, in consultation with the Department of Revenue Administration and the Department of Administrative Services, to develop an implementation plan for the State to accept bitcoin as payment for taxes and fees beginning July 1, 2017. but i thought bitcoin would be smashing the state any time now, will there even be a government in 2017?
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Feb 1, 2015 14:39
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Linguica posted:Dratel explained the Silk Road notes found in Ulbricht’s bedroom trashcan as having been dictated to him over the phone, perhaps by whoever was framing him. did he explain it as neuro-linguistic programming overriding ulbricht's wetware, causing him to write those notes and throw them away with no memory of doing so? the perfect crime.
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Feb 4, 2015 01:10
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restingwitchface posted:I never understood this question if i am reading this as "i haven't seen the glory of amberpos", there is a green and amber icon you can click in the upper right corner of the screen which changes the forum from a horrible green to a delightful amber.
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Feb 5, 2015 00:41
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restingwitchface posted:In any case, there's actually an issue with venue re: the hacking charge that I think is very interesting! But I don't think I'll write it up, because it's probably not really actually interesting to anyone but me. i can promise most people here would be interested. we are damaged people.
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Feb 5, 2015 00:47
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that guy who put BTC on a pole, after someone took it and posted about it on reddit:quote:kennyrowe -11 points an hour ago he was called a cheapass and downvoted to hell quote:kennyrowe -80 points 13 hours ago what an idiot, he should have just kept the private key! no chargebacks.
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Feb 8, 2015 19:28
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Boxturret posted:someone probably thought it was a weird ad for guitar lessons nah someone tracked it down from the pictures posted in the thread quote:PoleSistah 82 points 15 hours ago Crust First fucked around with this message at 19:36 on Feb 8, 2015 |
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Feb 8, 2015 19:33
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http://www.coindesk.com/bter-bitcoin-stolen-cold-wallet-hack/ posted:Digital currency exchange BTER announced that it has lost 7,170 bitcoins, or roughly $1.75 million at press time, in an apparent hack on its cold wallet system. not enough epoxy in their ethernet ports obviously
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Feb 15, 2015 17:28
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stolen from /r/buttcoin:
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Feb 15, 2015 19:27
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the real reason people keep their bitcoins on exchanges is so when the reckoning comes they can sell seLL SELL without having to wait an hour for their bitcoins to transfer to the exchange only true believers who would never sell anyway bother with the cold storage nonsense
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Feb 16, 2015 01:03
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there's a bitcoin site called brawker, where you trade your bitcoins to strangers so that they will purchase stuff for you with stolen credit cards and then your house gets raided or whatever, it's very popular among bitcoiners.quote:WillieSmothers 36 points 7 hours ago
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Feb 16, 2015 23:49
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the dice thing is just bitcoiners rolling their own diceware by directly rolling the hex values that turn into bitcoin keys. if you were doing a brainwallet your words would be hashed and then converted to a key, they're just rolling the hash directly, for whatever reason. it's dumb, they're dumb, bitcoin.
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Feb 19, 2015 20:48
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i've never seen this before: https://en.bitcoin.it/wiki/From_addressquote:Bitcoin addresses are used to receive payments, but not to send them: there is no concept of a "from" address in Bitcoin. [snip a billion words] quote:Solutions basically they go through all the facts about how you can't really be 100% sure that the coins you got came from somewhere they could actually be sent back to (lol like you'd ever send coins back to someone) but don't worry it isn't confusing or another nail in the coffin of bitcoin or anything, it's on the wiki!
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Mar 4, 2015 01:29
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i value these voicemails at
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Mar 5, 2015 04:07
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Aleksei Vasiliev posted:https://cryptoine.com/ this means "we didn't lock anything when updating our database and if he did something like canceled orders fast enough he could cancel the same order 20 times and get refunded multiple times for the same order" this is the sort of poo poo i used to do on poorly coded web games when i was a childe. babby's first exchange. except it's every exchange.
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Mar 24, 2015 16:40
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ayn rand hand job posted:how much did you pay for this i did not expect to see this posted anywhere ever again. my old second life avatar is in this video. shameful.
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Mar 25, 2015 14:53
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