Topic: Economic Totalitarianism - page 123. (Read 345758 times)

If you seek ONLY small amounts ($10k), then I am not your guy, as you have pointed out.  I lack important knowledge (and hard to acquire) vital in most of your project.  You wrote recently that investing in things one does not understand leads to bad results (typically), and I came back at you with a a couple of such bad results in my own case.

Still, best of luck!

I'm in favor of changing it.  About 16 block per day would be about right as far as I'm concerned.  Bitcoin never was a real-time system and real-time behavior when needed is best done for real in a proxy (e.g., a bitcoin-backed sidechain designed for such use-cases.)

I am headed to the gym. I wish you guys would work with me and get serious. We are headed into Orwellian hell if we don't stop bickering and go solve the damn problem.

Right now while Bitcoin is headed for bottom below $150 is our opportunity. We won't get another one.

you just described AnonyMint's "targeted withholding attack".  also it's solution.

This is a strategy to actually maximize your returns.  Look at current altcoins; if you or your investors poison your coin you'll get nothing.  If you do not poision it, you and a small number of people will be the first to mine the next new thing and you may actually get help implementing it -- help which seems to be needed because haven't you been talking about this for over a year now?

I believe I know how to solve that.  There are 3 innovations that form the core of a microtxn coin -- a problem I've been keen to solve because like I said years ago i think there are room 4 3 coins:
BTC: first mover for holding and large txns.
AnonCoin: maybe MRO
MicroCoin: undefined.

The 3 innovations are:
1. UTXO oriented protocol and storage.  (Merkle UTXO trees that I discussed previously)
2. UTXO size consolidation.  There are various approaches.  The previously mentioned idea for addtl fees if outputs > inputs is not quite there.  Better is addtl fee for every not-previously seen address and UTXO merkle is changed to be address-with-balance merkle tree.  Other ideas are to make address creation expensive (like vanity addresses) and address consolidation txn gets fee rebate.
3. Transformation of blockchain to scale.

Anyway hoping to lay out my microcoin in a doc soon but I can't wrap my head around how to play nice with bitcoin... sidechain altcoin etc... what would you guys do?

I can't help but feel that there are a few 1%-ers lurking around.

EDIT: Hell, TPTB, you just write something convincing just to CC, me and any others around here (who actually KNOW BTC and code), you'd probably raise $100k right quick.  But, YOU would have to prove yourself to us, and you would likely NOT be left with over 50% of the company.  We would find the right lawyers in your country.  Yes, some of us have been there and done that.

I am sure that you already know this kind of stuff though...

it's getblocktemplate and i've already pointed out that it gives miners the flexibility to construct their owns blocks.  as a former miner, moving to a new pool is one click away and all of us were watching carefully for any pool operators acting suspicious

you'll need to give a citation on this.  i'm not aware of any problems with loading the size of the unconfirmed tx's data set into RAM at all on startup.  in fact, the set is fairly uniform across all nodes b/c of the speed of the network which allows proposals like IBLT from Gavin a chance to be implemented.  i've never heard about any concerns going forward on this.

No actually.  trying to get seed capital and forming a startup is the wrong approach if you really want to make a difference.  Otherwise pressure for corporate profits will poison the coin.  And the ability of external entities to apply pressure to a corporate entity (see Ripple) could destroy it.

Publish your insight for the rep, good jobs will follow.

Also if you aren't going to describe your ideas, don't gloat about them endlessly

-- there is no information content in most of your posts.

Since you are not sharing your ideas and consider that we are not intelligent enough to contribute to them

, I think you should ask yourself why you bother posting at all.  What do you get out of it?  Wouldn't your time would be better spent implementing your ideas?  You need help seeing yourself...

And finally, you might consider that many people here are fighting great hardship yet you will likely not know about it until you read their "so long and thanks for all the fish" post.

I am sorry that you do not have others, closer to you to share these troubles.  Today I heard a sermon about a guy who could wish for anything so he imagined a luxury mansion, cars, gourmet food and the like... and he ended up with what he wished for -- an empty house.  Maybe you should start by sharing here to fill that house.  Check out http://www.reddit.com/r/raisedbynarcissists/ it may help you.

I suspect that if you really wanted $100,000 or MUCH more (not 10k), then you should be able to find it easily enough.

...

TPTB

Take investment advice from someone you only know over the internet (FOFOA and TPTB)?  

Sorry could not resist.

larger bloat blocks have a higher chance of being orphaned

well that'll be a trick b/c the blockchain is Satoshi's fundamental contribution to tx security that was missing for all these decades of digital money formation.  each block cements the tx's into the chain via POW.  

you need to elaborate on your purported innovation to have any meaningful discussion.

Hillary Clinton is already bought and paid for, She netted $400,000 for giving two speeches for a few minutes at Goldman Sachs.

Even the top five contributors to Hillary’s bid for the Senate back in 1999 were:

Citigroup Inc ….. $782,327
Goldman Sachs ….. $711,490
DLA Piper ….. $628,030
JPMorgan Chase & Co ….. $620,919
EMILY’s List ….. $605,174

Gary Gensler (born October 18, 1957) worked at Goldman Sachs for 18 years and at 30 became the youngest partner. He then, like most people from that firm, strangely seem to suddenly care about how government functions and then crosses over into public life after filling their pockets at Goldman,

Goldman, IDG invest $50 million in bitcoin company

The story starts once Facebook founder Mark Zuckerberg had launched, after the dorm room drama that's led to the current court case.

Facebook's first round of venture capital funding ($US500,000) came from former Paypal CEO Peter Thiel. Author of anti-multicultural tome 'The Diversity Myth', he is also on the board of radical conservative group VanguardPAC.

The second round of funding into Facebook ($US12.7 million) came from venture capital firm Accel Partners. Its manager James Breyer was formerly chairman of the National Venture Capital Association, and served on the board with Gilman Louie, CEO of In-Q-Tel, a venture capital firm established by the Central Intelligence Agency in 1999. One of the company's key areas of expertise are in "data mining technologies".

Breyer also served on the board of R&D firm BBN Technologies, which was one of those companies responsible for the rise of the internet.

Dr Anita Jones joined the firm, which included Gilman Louie. She had also served on the In-Q-Tel's board, and had been director of Defence Research and Engineering for the US Department of Defence.

She was also an adviser to the Secretary of Defence and overseeing the Defence Advanced Research Projects Agency (DARPA), which is responsible for high-tech, high-end development.

It was when a journalist lifted the lid on the DARPA's
Information Awareness Office that the public began to show concern at its information mining projects.

Wikipedia's IAO page says: "the IAO has the stated mission to gather as much information as possible about everyone, in a centralised location, for easy perusal by the United States government, including (though not limited to) internet activity, credit card purchase histories, airline ticket purchases, car rentals, medical records, educational transcripts, driver's licenses, utility bills, tax returns, and any other available data.".

Not surprisingly, the backlash from civil libertarians led to a Congressional investigation into DARPA's activity, the Information Awareness Office lost its funding.

Now the internet conspiracy theorists are citing Facebook as the IAO's new mask.

Parts of the IAO's technology round-up included 'human network analysis and behaviour model building engines', which Facebook's massive volume of neatly-targeted data gathering allows for.

Facebook's own Terms of use state: "by posting Member Content to any part of the Web site, you automatically grant, and you represent and warrant that you have the right to grant, to facebook an irrevocable, perpetual, non-exclusive, transferable, fully paid, worldwide license to use, copy, perform, display, reformat, translate, excerpt and distribute such information and content and to prepare derivative works of, or incorpoate into other works, such information and content, and to grant and authorise sublicenses of the foregoing.

And in its equally interesting privacy policy: "Facebook may also collect information about you from other sources, such as newspapers, blogs, instant messaging services, and other users of the Facebook service through the operation of the service (eg. photo tags) in order to provide you with more useful information and a more personalised experience. By using Facebook, you are consenting to have your personal data transferred to and processed in the United States."

Peter Thiel & Founders Fund lead $2 Million funding round in BitPay

Coinbase lands $75m investment from NYSE and BBVA

Others in the round include Vikram Pandit, former chief executive of Citigroup

Ripple Labs, whose technology can be used to transfer Bitcoin and other currencies, announced on Tuesday that former White House economic adviser Gene Sperling would be joining its board.

We have the private keys, we have the address, we need to
- get the unspent output set for the Bitcoin addresses
- create a Bitcoin transaction, sign it with the private keys, dump it as hex
- inject the transaction into the network

We cant even do that without writing new custom software. This is insanity.

If anyone knows where the documentation is for the libbitcoin zeromq interface wrapper, that would help.