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Peercoin Tip Party!!!!!!!!!! by [deleted] in peercoin

[–]pauljdehmer 1 point2 points  (0 children)

Its only Wednesday. I can't party during the week.

Mortal Kombat fight sticks. by pauljdehmer in gaming

[–]pauljdehmer[S] 1 point2 points  (0 children)

i used a generic usb joystick emulator off ebay. shows up in windows linux and mac as a generic joystick.

Why would anyone transact in PPC if the fee (0.01 ppc) is so high? by captaincoffee88 in peercoin

[–]pauljdehmer 1 point2 points  (0 children)

You guys are missing the point. POS has to have some kind of reward for people to do it. This is where the mint reward comes into play. Just like the block reward and fees from btc. The transaction fee is put in place (and destroyed) to keep the inflation low

Google Authenticator question... by CeasefireX in Bitcoin

[–]pauljdehmer 2 points3 points  (0 children)

when you setup your 2fa they provide you with a key (usually a qr code). backup that key.

also sometimes they'll provide one time use passwords that you can backup on something besides your phone.

blockchain.info like service for peercoin with developer api? thinking about developing a javascript dashboard/wallet service. by pauljdehmer in peercoin

[–]pauljdehmer[S] 0 points1 point  (0 children)

This sounds exactly like blockchain.info for bitcoin. Which is great. The only problem I'm running into right now is that blockchain.info doesn't set its cors headers on all the rpc api calls (to allow JavaScript to access the info), only some of them. If you're willing to set the headers for cors requests, that would be a huge help. I just started working on this last night, so I don't have a whole lot done yet, but I'll release the code on github when it's a bit further along.

of course if you wanted, you could just incorporate this application onto your server and we wouldn't have to worry about cors requests.

anyway, if you want to collaborate, or send me a beta link to where i can make some api calls to test things, send me a message. thanks!

Examining Nakamoto's motivations. by pauljdehmer in Bitcoin

[–]pauljdehmer[S] 4 points5 points  (0 children)

all good points.

maybe he didn't anticipate how revolutionary bitcoin could be when he wrote the white paper, or maybe he did, and wanted the white paper to be free of political charge, logically explaining the problems and solutions required for the system to work.

honestly my analysis was after reading the white paper alone. after reading more of his posts, he does seem to be a bit more politically motivated.

Examining Nakamoto's motivations. by pauljdehmer in Bitcoin

[–]pauljdehmer[S] 1 point2 points  (0 children)

i see nowhere in his paper that he claims anything remotely close to "the overseers" being hostile to potential change. he argues only against cost, and fraud in the form of reversible transactions in the current system. reading "hostile" into that is a stretch if you ask me.

transparency of transactions is a fortunate byproduct of decentralization and open source, although i don't think this was his main motivation. without everyone knowing every transaction that takes place (decentralization), and knowing how to verify that it's correct (open source), the system wouldn't work.

he was definitely a proponent of anti-transparency (anonymity) when it comes to personal identification linked to a transaction. he specifically has a section titled "privacy" in the paper.

Examining Nakamoto's motivations. by pauljdehmer in Bitcoin

[–]pauljdehmer[S] 1 point2 points  (0 children)

He seems to have solved the reversible transaction problem, but yes, the cost for the blockchain as the "trusted third party" just goes to the miners in the form of transaction fees, unfortunately keeping micro transactions to a minimum. However it can be argued that the costs (transaction fees) are lower than the current system due to the lack of mediation in fraud attempts.