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wmabern

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Quote from: wolfen on August 03, 2016, 08:02:12 PM

A few Bitcoin cores running on several machines?

It would help the network. It doesn't use hardly any CPU or memory. Not sure how a number of them might effect your network. I have pretty fast cable internet and also use it for my TV, internet, miners, and it doesn't make a blip.

wolfen

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A few Bitcoin cores running on several machines?
Wait, they have to have their own ip on the Internet?

wmabern

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Quote from: wolfen on August 03, 2016, 07:59:52 PM

Would it be good to have a few of them?

I'm not sure I understand. A few of the nodes?

wolfen

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Would it be good to have a few of them?

wmabern

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Quote from: wolfen on August 03, 2016, 07:52:28 PM

How much disk does a full node need?
It is just a Bitcoin wallet with the entire block chain downloaded?

84.7 GB right now. It's on a spare TB drive.

Yes, but it is also processing transactions as I'm connected to anywhere from 8-15 peers at a time.

Edit: It may be better on Linux, but my Linux laptop didn't have the space so it's on Win10. (A locked-down tight win10, I should add.)

wolfen

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How much disk does a full node need?
It is just a Bitcoin wallet with the entire block chain downloaded?
Probably better on Linux?

traxor

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Quote from: Megaquake on August 03, 2016, 07:34:09 PM

Their TOS and latest update state otherwise. Not saying that it won't ultimately work the way you are saying -- I think that they are going to try to stay in business.

Megaquake

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Quote from: traxor on August 03, 2016, 07:02:54 PM

Quote from: Sierra8561 on August 03, 2016, 05:55:51 PM

Quote from: Megaquake on August 03, 2016, 05:10:36 PM

Bitgo wallet or should I say one wallet multiple users, Bitfinex fell for this crap and pulled the coins out of cold storage!

Responding to needs of Bitcoin businesses, BitGo created the first multi-user 2-of-3 multi-signature wallet. Adding multi-user capabilities allowed Bitcoin businesses to have what we’ve had in the banking world for years: joint accounts, multi-level transaction approvals, auditor account access, and more

I believe coinbase has insurance for a situation like this.

Coinbase is a different animal with different regs. No margin, no shorting, etc. Plus, Coinbase must abide with U.S. law.

I wouldn't trust their insurance to cover BTC loss, but I suspect that it would cover USD loss for a limited amount.

Latest update from Finex says that the customers that lost coin are screwed. Huh

And, presumably, they are going to TRY and continue operations. I cannot IMAGINE ANYONE EVER trading there anymore -- but, this isn't the first time the Finex has totally screwed their customers. Me included. Where is the "bang my head against the wall" emoticon???

They are just going spread the losses between members and continue business as usual

traxor

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I LOVE the fact that you are running a node.

I haven't done that since 2011/2012.

Yeah -- make sure to prioritize that list. USB FIRST!!! Grin

wmabern

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Quote from: traxor on August 03, 2016, 07:02:54 PM

Quote from: Sierra8561 on August 03, 2016, 05:55:51 PM

Quote from: Megaquake on August 03, 2016, 05:10:36 PM

Bitgo wallet or should I say one wallet multiple users, Bitfinex fell for this crap and pulled the coins out of cold storage!

Responding to needs of Bitcoin businesses, BitGo created the first multi-user 2-of-3 multi-signature wallet. Adding multi-user capabilities allowed Bitcoin businesses to have what we’ve had in the banking world for years: joint accounts, multi-level transaction approvals, auditor account access, and more

I believe coinbase has insurance for a situation like this.

Coinbase is a different animal with different regs. No margin, no shorting, etc. Plus, Coinbase must abide with U.S. law.

I wouldn't trust their insurance to cover BTC loss, but I suspect that it would cover USD loss for a limited amount.

Latest update from Finex says that the customers that lost coin are screwed. Huh

And, presumably, they are going to TRY and continue operations. I cannot IMAGINE ANYONE EVER trading there anymore -- but, this isn't the first time the Finex has totally screwed their customers. Me included. Where is the "bang my head against the wall" emoticon???

I pulled my coins out of Coinbase about 5 days ago after installing Bitcoin Core. Now my coins ( and keys) are in my sole possession and backed up to 3 different locations. I guess if my house burns down I'll grab the cat, my girl, and my USB flash drive. Probably not in that order. LOL
I also get to help the network by running a full node 24/7. I may have to shut it down once in a while but for the most it will stay running.
Edit: It would nice if I got tx fees! Grin

traxor

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Quote from: Sierra8561 on August 03, 2016, 05:55:51 PM

Quote from: Megaquake on August 03, 2016, 05:10:36 PM

Bitgo wallet or should I say one wallet multiple users, Bitfinex fell for this crap and pulled the coins out of cold storage!

Responding to needs of Bitcoin businesses, BitGo created the first multi-user 2-of-3 multi-signature wallet. Adding multi-user capabilities allowed Bitcoin businesses to have what we’ve had in the banking world for years: joint accounts, multi-level transaction approvals, auditor account access, and more

I believe coinbase has insurance for a situation like this.

Coinbase is a different animal with different regs. No margin, no shorting, etc. Plus, Coinbase must abide with U.S. law.

I wouldn't trust their insurance to cover BTC loss, but I suspect that it would cover USD loss for a limited amount.

Latest update from Finex says that the customers that lost coin are screwed. Huh

And, presumably, they are going to TRY and continue operations. I cannot IMAGINE ANYONE EVER trading there anymore -- but, this isn't the first time the Finex has totally screwed their customers. Me included. Where is the "bang my head against the wall" emoticon???

wmabern

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Quote from: clgrissom3 on August 03, 2016, 06:08:54 PM

Quote from: wmabern on August 03, 2016, 01:48:11 PM

Looks like I did OK buying 1/2 coin last night @548. Hope the upward trend continues.

Three blocks today. We can do at least two more. Let's get going!! Blockssssssss! Grin

I went in for 3 - 1/2 coins at that level. I started to do more but I restrained myself

I believe when the panic about Bitfinex settles down we will jump back up to the 650 range again and we all should make about 1.25% on this situation!

Good job. Wish I had a little more to spare. If it dips again to ~550, I'll try to pick up another 1/2.

Great to see block #5. Can we make it SIX?? Cheesy

clgrissom3

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Carl, aka Sonny :)

Quote from: kano on August 03, 2016, 05:56:47 PM

That one was another small block with no free txns in it coz it was only a 13 second network block.

The blocks are hitting a bit faster since the diff dropped Grin

clgrissom3

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Carl, aka Sonny :)

Quote from: wmabern on August 03, 2016, 01:48:11 PM

Looks like I did OK buying 1/2 coin last night @548. Hope the upward trend continues.

Three blocks today. We can do at least two more. Let's get going!! Blockssssssss! Grin

I went in for 3 - 1/2 coins at that level. I started to do more but I restrained myself

I believe when the panic about Bitfinex settles down we will jump back up to the 650 range again and we all should make about 125% on this situation!

kano

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Linux since 1997 RedHat 4

That one was another small block with no free txns in it coz it was only a 13 second network block.

Sierra8561

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Quote from: Megaquake on August 03, 2016, 05:10:36 PM

Bitgo wallet or should I say one wallet multiple users, Bitfinex fell for this crap and pulled the coins out of cold storage!

Responding to needs of Bitcoin businesses, BitGo created the first multi-user 2-of-3 multi-signature wallet. Adding multi-user capabilities allowed Bitcoin businesses to have what we’ve had in the banking world for years: joint accounts, multi-level transaction approvals, auditor account access, and more

I believe coinbase has insurance for a situation like this.

clgrissom3

legendary

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Carl, aka Sonny :)

And another Block! This one by ST40 with his 9th for Kano! Cheesy

Suddenly we have 5 blocks today with an hour to go! Grin

clgrissom3

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Carl, aka Sonny :)

Block by omtest with his 18th for Kano! Cheesy

Megaquake

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Bitgo wallet or should I say one wallet multiple users, Bitfinex fell for this crap and pulled the coins out of cold storage!

Responding to needs of Bitcoin businesses, BitGo created the first multi-user 2-of-3 multi-signature wallet. Adding multi-user capabilities allowed Bitcoin businesses to have what we’ve had in the banking world for years: joint accounts, multi-level transaction approvals, auditor account access, and more

traxor

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Quote from: Megaquake on August 03, 2016, 04:09:02 PM

The idea of returning stolen funds is in fact circulating elsewhere, getting miners to reorg the theft? a fork? this is coming from a core developer of BTC could this be true? if so is lame

We talked about that last night (1 or 2 pages back). It would require 51% approval of miners. But it doesn't work philosophically. The block chain must remain immutable.

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