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Topic: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet - page 122. (Read 579951 times)

sr. member
Activity: 285
Merit: 250
sr. member
Activity: 369
Merit: 250
Hi there I got a few questions about safecoin.

I was reading about it and what I understand so far is that it's proof-of-resource, so basically farmers gain coins by providing storage and processing power on the network for the benefit of other people. Now bitcoin is proof-of-work, so the miners get a percentage of the coins based on how much work they contribute. As we know, the value of bitcoin goes up and down due to speculators and other reasons. When the value dips a lot and mining isn't profitable, people start taking their miners offline reducing the total hashing power.

Now let's compare this to the proof-of-resource model, say safecoin has 1000 terabytes of cloud storage and the price drops to a point where it's not profitable to keep farming machines running so many take them offline. Now let's say that 950 terabytes of storage was being used to store data, but after a lot of farmers went offline there's only 750 terabytes available. What would happen to the excess data? Is a scenario like this possible? I'm still trying to understand this whole concept as it does seem a little confusing.

Also are 51% attacks a possibility on proof-of-resource networks? It would seem a lot easier for a giant corporation to gain 51% of the network I guess.

Can someone with more knowledge give their insight please?

Thanks

Bump, any insight would be helpful, thanks.
newbie
Activity: 33
Merit: 0
is msc traded publicly on an exchange yet?
sr. member
Activity: 266
Merit: 250
    so good idea  so  expensive the price so long time to  make it out !  
hero member
Activity: 714
Merit: 502
Why didn't you just ask where you can see you're balance if that's what you wanted lol!!!! no worries anyway I was bored!
newbie
Activity: 33
Merit: 0
after contacting the msc team, i'm now able to view the balance on masterchest.info  Grin

thanks for you assistance anyway mr. Chang
hero member
Activity: 714
Merit: 502
I'm using linux so it doesn't have a help menu

http://picpaste.com/056b970634046a3c615af9940073a2a1.png

Make a copy of your wallet.dat file  located here...     ~/.bitcoin/wallet.dat

To navigate there on Linux: find / -name wallet.dat -print 2>/dev/null

I'll find the rest of the answer while you're doing that

Once you've got that it's easy mate (might not be the best way but simple and straight forward)... import your wallet.dat file into a blockchain.info wallet here:

https://blockchain.info/wallet/import-wallet

Open your blockchain.info wallet and to export private keys:

go to: import/export
select: export unencrypted (from the left hand option bar)
select private key format: bitcoin qt format
from the text in the big box copy the long sequence of letters and numbers in quote marks that follow the word priv.

You're done copy that into your omni Wallet https://test.omniwallet.org/ (not the hackforums phishing site for fucks sake lol!!)

I'd strongly recommend you send all your bitcoin somewhere secure before doing all this (although chances of being hacked on linux are small compared to windows):
a) you've originally posted a link from hackforums, so if you've got a keylogger or trojan on you're computer attackers could steel your coins.
b) omniwallets only alpha quality so I wouldn't trust it unnecessarily with the $1.7k odd Bitcoin you've got !
newbie
Activity: 33
Merit: 0
hero member
Activity: 714
Merit: 502
where do i get the private key in bitcoin-qt? there is no option there for private key

Don't worry buddy I have google built into my webspace so can find out for you http://bitcoin.stackexchange.com/questions/7536/how-do-i-export-my-private-keys-from-my-bitcoin-qt-client

my wallet does not have a help menu

A google image search of QT wallet show's they all have a help menu unless they are Apple, linux or hackforums clients. I'll assume you're on one of the latter that wasn't a hackforums download. Have you tried clicking the orange or yellow circle at the top left of your client and seeing if there's a help menu there?

https://www.google.co.uk/search?q=bitcoin+qt&source=lnms&tbm=isch&sa=X&ei=6u5sU7DbL4yLkwXTqYDoDQ&sqi=2&ved=0CAcQ_AUoAg&biw=1366&bih=667#facrc=_&imgrc=xlAfgc2vbQR4eM%253A%3B_KqlkF5vgneEIM%3Bhttp%253A%252F%252Fupload.wikimedia.org%252Fwikipedia%252Fcommons%252F7%252F7d%252FScreenshot_of_Bitcoin-qt.png%3Bhttp%253A%252F%252Fcommons.wikimedia.org%252Fwiki%252FFile%253AScreenshot_of_Bitcoin-qt.png%3B773%3B473

If you're still having problems take a screen shot of your client and upload it to picpaste and I'll try and see if I can help.
newbie
Activity: 33
Merit: 0
it's bitcoin-core i'm using
newbie
Activity: 33
Merit: 0
where do i get the private key in bitcoin-qt? there is no option there for private key

Don't worry buddy I have google built into my webspace so can find out for you http://bitcoin.stackexchange.com/questions/7536/how-do-i-export-my-private-keys-from-my-bitcoin-qt-client

my wallet does not have a help menu
hero member
Activity: 714
Merit: 502
我是BTC投的IPO,直接跌破发了。 坑爹货!!!!!

直接跌破发了 祝 你 好运 哈哈哈
newbie
Activity: 35
Merit: 0
我是BTC投的IPO,直接跌破发了。 坑爹货!!!!!
hero member
Activity: 714
Merit: 502
where do i get the private key in bitcoin-qt? there is no option there for private key

Don't worry buddy I have google built into my webspace so can find out for you http://bitcoin.stackexchange.com/questions/7536/how-do-i-export-my-private-keys-from-my-bitcoin-qt-client
newbie
Activity: 33
Merit: 0
where do i get the private key in bitcoin-qt? there is no option there for private key
hero member
Activity: 714
Merit: 502
i'm using omniwallet.net, is that the right place? Huh

God help some of you people!! If you click on the only working link on omniwallet.net Hackforums opens! this should give you a clue it's not the right place and that there is a very high probability the people who created the site would like to rob you.

https://test.omniwallet.org/
newbie
Activity: 33
Merit: 0
i'm using omniwallet.net, is that the right place? Huh
hero member
Activity: 714
Merit: 502
Hi, I have opened an omniwallet account but how do I import the private key? There doesn't seem to be an option to do this on the interface - there are only three options - send payment, generate address, private key

go to the My addresses tab in omni wallet, click on import address/private key
newbie
Activity: 33
Merit: 0
Hi, I have opened an omniwallet account but how do I import the private key? There doesn't seem to be an option to do this on the interface - there are only three options - send payment, generate address, private key
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