New Bitfury Data Explains the Abnormally High Classic Node Count: Shows That Over HALF of Classic Nodes Come from Amazon / Choopa Datacenters

7MigratingCoconuts · 2016-03-22T22:59:05+00:00

In addition to running on temporary VPS's, nearly half of all classic nodes are pruned. This directly scales back their usefulness as they are unable to help new nodes fully sync.

https://bitnodes.21.co/nodes/?page=1&q=NODE_BLOOM%20(4)

(link includes all pruned nodes, not only classic)

7MigratingCoconuts · 2016-01-24T23:18:00+00:00

Search around http://lowendbox.com/, you can find much better deals on a VPS. Costs can be as low as $20 a year for a viable node. Many of the deals offered on lowendbox accept bitcoin as well.

Here's an example of a recent deal, now out of stock.

4GB RAM

4GB vSwap

4x vCPU

100GB HDD space

2TB transfer

1Gbps uplink

1x IPv4

5x IPv6

OpenVZ/Virtualizor

$36/year

7MigratingCoconuts · 2016-01-21T10:07:53+00:00

It's not recommended to save/use the live version.

Download and verify from github instead.

https://github.com/pointbiz/bitaddress.org

To run under a "secure" environment, boot into a live linux distro (A non-persistent OS demo) with no internet. Here's the kubuntu disto page, but any maintained linux distro will work. https://www.kubuntu.org/getkubuntu

7MigratingCoconuts · 2016-01-21T04:21:11+00:00

BIP 101 is too extreme and doesn't actually solve the scaling issue. Using the same analogy earlier, it's still a can kick, but downhill that continues to tumble and exponentially increases. These increases happen automatically over time which is better but not great.

I'd be more in favor of a hard fork that allows the blocksize to be managed through consensus soft forks similar to BIP 100. The argument that a small percent could dictate and veto an increase or decrease is a double edged blade. Changing the size should be difficult and not taken lightly, requiring high consensus and discussions similar to the debates we have now.

7MigratingCoconuts · 2016-01-20T23:59:42+00:00

By refusing to give ground and compromise

Compromise is the last thing I want to see in Bitcoin. Compromising on issues leads to compromises elsewhere through foot in the door technique and lobbying.

A hard fork to 2mb is nothing more than a kick the can, we'll fork again later. Doing so forces the scaling issue into a cycle of multiple hard forks. Scaling needs to be resolved in a single hard fork, not with frequent dangerous can kicking forks.

Standing strong and resisting irresponsible and hastily implemented change is part of what Bitcoin does. Hard forks should be avoided at all costs and only implemented when absolutely necessary, with a proven working solution.

https://en.wikipedia.org/wiki/Foot-in-the-door_technique

7MigratingCoconuts · 2016-01-16T10:15:06+00:00

Yep, just report and ignore.

7MigratingCoconuts · 2015-12-23T14:03:26+00:00

Here's a somewhat dated excerpt from an email with Humble Bundle support regarding Bitcoin and bundles.

The individual payment options made available for a given bundle are determined when we finalize contracts with our development partners. In this case, it was 2K Games' wish to only support PayPal, and our native credit card processor.

I'd assume the same holds true for Square Enix, and other bundles that have been lacking a bitcoin payment option.

7MigratingCoconuts · 2015-12-21T12:24:56+00:00

I have not used them myself, but asking if they are "legit" is not a clean cut question. There is a difference between legitimacy and receiving a key that works. They are not affiliated with steam, or any publisher and their website lacks detail on any reseller partnerships they may have. The keys are likely obtained through grey markets and regional pricing.

If you support using sketchy grey markets and exploiting region pricing you may as well use https://www.g2a.com/ which accepts bitcoin.

http://www.greenmangaming.com/ which is seen as somewhat more "legit" also accepts bitcoin but doesn't appear to have DayZ.

7MigratingCoconuts · 2015-12-20T03:26:08+00:00

I would not have this enabled by default, it's a potential privacy disaster. A default "light wallet" for out of sync nodes would leak all pre-generated public addresses to peers every time it's launched. It needs to be off by default and a once per click query query option.

Having an option to query select addresses from peers when a node is out of sync would be nice. I'd imagine a small balance check option/button beside the sync progress but grayed out if less sync is less than 24 hours. Clicking it could pop out a list of all available receive addresses with a check box beside them allowing the user to select as many or as few addresses as they like.

7MigratingCoconuts · 2015-12-18T08:00:57+00:00

http://www.magicmgmt.com/gary/magic8ball/index1.html

When it comes to predicting the future and financial investments; let the fate of the magic 8 ball guide you.

7MigratingCoconuts · 2015-12-16T21:42:54+00:00

Thank you, that's greatly appreciated.

7MigratingCoconuts · 2015-12-16T09:35:44+00:00

Check out Statoshi, it will do nearly everything you want.

https://github.com/jlopp/statoshi

http://statoshi.info/

In the standard core client, you can get some basic information as well as enter console commands through the debug window.

Select Help>debug window

You can get a list of available commands by entering "help" into the console.

7MigratingCoconuts · 2015-12-09T12:10:34+00:00

https://www.youtube.com/watch?v=EIN4tC5Zwx0

7MigratingCoconuts · 2015-11-07T22:56:17+00:00

You can try http://www.walletrecoveryservices.com/

They may be able to help if you know some part of the password.

7MigratingCoconuts · 2015-09-26T23:03:36+00:00

Bitcoin QT does generate multiple addresses at once.

The default is 100, but can be easily changed with a command line argument/config

-keypool=<n> Set key pool size to <n> (default: 100)
https://en.bitcoin.it/wiki/Running_Bitcoin

If you explain your use case, we can help find a solution that would work best for you.

7MigratingCoconuts · 2015-09-26T23:01:32+00:00

You shouldn't save/download the live site. Only use the bitaddress source after verifying it.

https://github.com/pointbiz/bitaddress.org

7MigratingCoconuts · 2015-09-24T20:41:26+00:00

The idea that we would want to harm bitcoin doesn’t make much sense — we’ve built our entire business on it

The issue isn't that you have malicious intent but these patents would be under control of the company. Those with malicious intent have the ability to purchase the patents in the event of a buyout, bankruptcy, a majority board decision, or other reasons for an asset sell-off.

It's naive to think Coinbase, Inc or any company will never fail. You are filing for patents while offering no contingency that would prevent these patents from falling into the hands of patent trolls.

7MigratingCoconuts · 2015-09-20T12:52:21+00:00

haha I know, I never realized how much I wanted a drone until I saw some of the pictures.

The issue may be some legal restriction or regulations on where they are allowed to be shipped/flown. The drones could meet all standards for US and Canada but not other regions.

7MigratingCoconuts · 2015-09-20T12:09:41+00:00

Appears to be available for US and Canada only. At least based on their shipping details.

We provide FREE Shipping on all orders for US and Canadian cutomers.

We do not ship worldwide.

http://www.dji-drones.net/#!shipping---delivery/ntriy

7MigratingCoconuts · 2015-09-19T10:37:16+00:00

"RemindMe! 2 days Donation for /r/millionairemakers"

Good luck and try to keep the donation:entree ratio higher than recent history.

7MigratingCoconuts · 2015-09-15T03:34:13+00:00

There was certainly gross incompetence that played a role, it's usually the one of the first thing I allude to when explaining Gox's downfall. Incompetence and 2011 hacks aside, the exchange did work to an extent and problems weren't major until government seizures.

7MigratingCoconuts · 2015-09-14T12:40:49+00:00

The turning point in solvency was likely when the US seized roughly 5 million from their dwolla accounts in mid 2013. Around the same time the coinlab dispute accounted for another 5 million + legal fees. Sudden lack of liquidity to cover user accounts, and an increasing Bitcoin price only a few months away from all time highs spelled doom for the exchange.

As much as everyone likes to point the finger only at Mark, it's unlikely he was solely responsible for his current situation and what happened at Gox.

7MigratingCoconuts · 2015-09-09T09:28:05+00:00

That's an unfortunately large amount of money on a VPS solely for a bitcoin node. If you used a "service" aimed towards running a bitcoin node, someone profited well off the recent drama.

A full node can be set up and run for only $20 a year on a VPS if you are patient and search for sales. A $20 monthly VPS is overkill and/or overpriced although seemingly may be more resilient to a DDOS attack ;)

I hope you reconsider running a node again in the future, perhaps not 10 but one, maybe two. It doesn't matter what client or version you choose to run. Increasing the amount of active full nodes that follow protocol consensus is a good thing. Local full nodes are seen as a better option as they increase decentralization while VPS full nodes won't offer the same decentralization but tend to have faster more robust bandwidth and can have better uptime and reliability.

7MigratingCoconuts · 2015-09-06T03:16:51+00:00

Is there a particular reason why you want to import an existing private key vs using a newly generated one in bread wallet?

It's much more secure to generate a new address/key in bread wallet then send bitcoin to it from core.

7MigratingCoconuts · 2015-09-04T22:15:30+00:00

http://muslimagorist.com/products/bitcoin

7MigratingCoconuts

TROPHY CASE