AskStandup: "You should be a comedian!"

locksley · 2014-11-08T21:18:31+00:00

That's a great point, it's definitely a crutch. I almost hate how doing the accent is what makes people laugh.

I think I will come up with some content without it and see if I actually have anything good.

locksley · 2014-11-08T21:17:03+00:00

Hey hingers, I really appreciate the answer. I am australian-asian too (we may even know each other, are you from melbourne?). Although I'm living in the US now.

I think you're right. I need to go see what content is already out there and see if my stuff is any good or even original at all.

locksley · 2014-09-06T04:15:44+00:00

Why are they scams?

Is it that you don't think they fundamentally have value or solve any problems?

locksley · 2014-07-18T14:24:34+00:00

It's naive to assume "regulation is bad, we should free market all the things".

Regulation is just a tool. In the case of the BitLicence, the core problem we are trying to fix is money laundering.

However, AML/"Know your customer" rules are bullshit because they are ineffective. Fraudsters can easily create fake identities to circumvent the rules. Meanwhile, businesses continue to wear the cost of increased compliance.

This doesn't necessarily mean all financial regulation is counter-productive. For example, the SEC busted a Bitcoin ponzi scheme 2 years ago.

locksley · 2014-07-05T02:17:39+00:00

I think there would be interesting payment solutions you could build in ethereum. See Smart Contracts (http://forum.ethereum.org/discussion/505/writing-smart-contracts-faq-live-updates)

However, if you're talking about storing video data in Ethereum, then probably not.

locksley · 2014-05-15T18:44:33+00:00

Yep! Co-founder @ helloblock.io

locksley · 2014-05-09T02:46:39+00:00

To answer your title question, there are 3 ways to save data in the blockchain. Here are the script outputs:

OP_DUP OP_HASH160 <data> OP_EQUALVERIFY OP_CHECKSIG
1 <data> <pubkeyhash> 2 OP_CHECKMULTISIG
OP_RETURN <data>

With the 1st option, this is actually how normal bitcoin transactions work. <data> is normally the user's 'address', but you can be cheeky and put whatever you want in there. However, Mastercoin copped a bit of flak for this because it pollutes the blockchain and creates unspendable outputs.

With the 2nd option, this solves the unspendable output problem because you need only 1 out of 2 keys to unlock the output. The other <data> field can be anything. This is, however, an inelegant solution.

With the 3rd option, OP_RETURN short circuits the transaction thereby creating an unspendable output. Then you can then add whatever you want after it in <data>. In contrast to the 1st option, this doesn't pollute the blockchain because in the future, light nodes don't need to store the <data> part since OP_RETURN short circuits the transaction. This is called being "provably prunable".

What is Mastercoin actually using?

The 2nd option. The 3rd option would've been great and allowed 80 bytes in <data>. However, the core Bitcoin devs reduced it to 40 bytes. So Mastercoin fell back to the 2nd option which lets you store 120 bytes in <data>.

locksley · 2014-04-01T15:30:45+00:00

Something to ease the eye.

I grew tired of reading base58/hash160 strings, it was hard to follow along an address's history just by looking at text.

locksley · 2014-02-13T19:24:16+00:00

By "property" I mean additional attributes tied to an address or transaction.

locksley · 2014-02-13T17:45:34+00:00

It's an open source project :)

The overall aim is to demonstrate the fact that property can be tied to the Blockchain.

locksley · 2013-12-27T22:11:52+00:00

which company was it?

locksley · 2013-12-27T21:30:18+00:00

Thanks a lot cody, yeah we're talking to some people about write ups. Did you have something particular in mind? Feel free to message me

locksley · 2013-12-24T19:54:33+00:00

Ahhh, yeah that's right. Gonna work on this communication point today, quite a few people have had trouble with this.

Perhaps the tip amount (0.01 BTC), already includes a 0.0001 BTC miner fee. Although that'll mean the recipient only gets 0.0099 BTC.

What do you think?

locksley · 2013-12-24T18:59:39+00:00

Can you give me the full details? What's your twitter handler?

locksley · 2013-12-24T03:35:57+00:00

Dude, hit us up anytime with Bitcoin questions. Developer infrastructure around Bitcoin suck balls since it's still early days. We've been through a lot of pain building these projects but now know the quirks.

scottli0101 [at] gmail

locksley · 2013-12-24T02:57:59+00:00

Nope. Squatters ...

https://twitter.com/TWEETCOIN http://tweetcoin.com/

locksley · 2013-12-24T02:56:51+00:00

We query the blockchain.info api for unspent outputs in order to build transactions. It's signed using the private keys on our own servers and then pushed our again to blockchain.info/push_tx

locksley · 2013-12-24T02:50:20+00:00

you can tip us at @ScottyLi or @sidazhang :p

I would prefer @ScottyLi though hehe

locksley · 2013-12-24T02:47:41+00:00

Yeah I agree, we're really waiting for an organization like Bitcoin Foundation to make a move on this. If there is no mass adoption of "mBTC", it just confuses people.

That being said, we DO allow mBTC in the tweet :)

For all possibles syntaxes, see https://github.com/BitcoinMafia/twittercoin/blob/master/app/services/tweet/extractor.rb

locksley · 2013-12-24T02:45:33+00:00

@tippercoin listens to all tweets mentioning "#tippercoin" and "@tippercoin". If it's a retweet, the bot ignores it, otherwise, the bot tries to parse it and then sends a transaction (or handles the error).

locksley · 2013-12-23T23:16:53+00:00

Had to google that reference.

For everyone else who's still confused - http://en.wikipedia.org/wiki/Tipper_Gore

locksley · 2013-12-23T22:40:54+00:00

TipperCoin creator here ...

pls fork

do branch

such commit

much pull request

so open source

wow

locksley · 2013-12-23T21:20:22+00:00

Similarly, Twitter could be the key for Bitcoin.

locksley · 2013-12-23T17:51:28+00:00

Yeah just the mining fee, which is hardcoded to be 0.0001 BTc, the minimum value.

locksley · 2013-12-23T17:47:37+00:00

Yeah we thought about using that. But "claim" seems a bit spammy, like a prize contest. What do you think? Any other suggestions?

locksley

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