Get your pool support P2SH, if you care about bitcoin.

Luke-Jr

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Activity: 2576

Merit: 1186

Quote from: finway on January 26, 2012, 08:39:05 PM

Eligius is losing his hashing power.

No FUD needed. Eligius hashrate is the same as it has been. Blocks have variance as usual. Roll Eyes

Quote from: finway on January 26, 2012, 08:39:05 PM

p2pool is growing.

This is good, but p2pool can't really replace traditional pools yet. It's more of a substitute for solo mining (and puts it within reach of a few more miners).

And FWIW: Eligius supports P2SH via BIP 17, not the broken-by-design BIP 16. If you care about bitcoin, boycott anything supporting BIP 16 and merge BIP 17 yourself.

finway

hero member

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Eligius is losing his hashing power.

p2pool is growing.

Rassah

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Quote from: hoo on January 25, 2012, 09:08:04 PM

Quote from: Rassah on January 25, 2012, 09:52:37 AM

Quote from: hoo on January 25, 2012, 05:20:32 AM

will this make the need for 6 confirmations everywhere nonexistent, or will 6 confirmations still be needed?

Won't change anything about confirmations, as the overall network is still secured only by hashing power. From what I gathered, it will just make it easier to require more than one key to send out your money. Think MtGox's ubikey, but for your own home wallet.

where will these other private keys come from?

From what I gathered, they come from your own wallet. Basically you now have a private key stored in your wallet that you use to sign and spend coins from your public key (your public key is your wallet address), and with this change you can set up a wallet address (public key) that will require two or more private key signatures for the transaction to execute, instead of one. Or something like that. This will be built into the Bitcoin protocol and you won't actually see it, but it will allow Bitcoin developers to write software that works like ubikey for your phone, escrow services that require third parties to control and release funds, and accounting software that requires multiple people to sign off on transactions for business security reasons.

hoo

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Quote from: Rassah on January 25, 2012, 09:52:37 AM

Quote from: hoo on January 25, 2012, 05:20:32 AM

will this make the need for 6 confirmations everywhere nonexistent, or will 6 confirmations still be needed?

Won't change anything about confirmations, as the overall network is still secured only by hashing power. From what I gathered, it will just make it easier to require more than one key to send out your money. Think MtGox's ubikey, but for your own home wallet.

where will these other private keys come from?

Rassah

legendary

Activity: 1680

Merit: 1035

Quote from: hoo on January 25, 2012, 05:20:32 AM

will this make the need for 6 confirmations everywhere nonexistent, or will 6 confirmations still be needed?

Won't change anything about confirmations, as the overall network is still secured only by hashing power. From what I gathered, it will just make it easier to require more than one key to send out your money. Think MtGox's ubikey, but for your own home wallet.

hoo

member

Activity: 89

Merit: 10

will this make the need for 6 confirmations everywhere nonexistent, or will 6 confirmations still be needed?

Rassah

legendary

Activity: 1680

Merit: 1035

Quote from: ?? on ??

I'm pretty sure you have to actually solve a block to have your vote counted. I'm not trying to dissuade you, far from it, I'm quite pleased there are people like you that are concerned about the future of the network!

Yeah, I know, but I would feel better having it running, even if I don't even have a Ghash to contribute Then again, I looked at Luke's github thing, and being a non-techie windows user, I think I'll have to abstain from voting. I don't know how to do any of that Sad

Rassah

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Merit: 1035

Thanks. I know it's just a test vote. I just want to help make this graph look a bit better http://blockchain.info/P2SH

Rassah

legendary

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Any hints as to how to configure my P2Pool/cgminer to vote for this P2SH thing?

RaggedMonk

sr. member

Activity: 308

Merit: 250

Quote from: slush on January 23, 2012, 02:39:35 PM

Afaik I'm biggest pool who is openly supporting p2sh. Tycho will support p2sh only when the rest of the network over vote him.

Cool, I will switch over to your pool tonight.

fb39ca4

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Activity: 100

Merit: 10

PlayGame.com

what is P2SH

slush

legendary

Activity: 1386

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Afaik I'm biggest pool who is openly supporting p2sh. Tycho will support p2sh only when the rest of the network over vote him.

RaggedMonk

sr. member

Activity: 308

Merit: 250

What is the largest pool that votes for P2SH? I will leave deepbit if they don't start voting for it.

slush

legendary

Activity: 1386

Merit: 1097

My vote for p2sh will be in the stats soon.

grue

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Activity: 2058

Merit: 1452

or use p2pool

finway

hero member

Activity: 714

Merit: 500

http://blockchain.info/P2SH

for now, P2SH vs NOP2SH is 8 vs 11.

Let me ask : Deepbit, [Tycho], will you support P2SH?

Topic: Get your pool support P2SH, if you care about bitcoin. (Read 3549 times)