Topic: spec thread on how to do the ckpool-solo club - page 2. (Read 6553 times)

Multi-signature addresses are what you're describing.  Those are addresses that start with a 3.

@philipma1957 - you're proposing that people either use the BTC address part of their profile, or to put what you did in their "other contact" slot, right?  I'll keep my solo club address in my BTC address on my profile as it is currently because the nice folks running the bit-x signature campaign require me to put my bit-x address in the other contact info portion of my profile.

At alt listers please fill in the info. like the top ten listers.  thanks

doesn't coinbase have an option to make multiple users confirm the payout to a certain person?

Also I believe in the bitcoin code there is something like that a multi-input option where after a certain group of people confirm, the payment will be sent.

Pretty much a majority wins thing.

I know its just you and ck, but it might make it harder for an address to be compromised.

I saw that same thing and was like "I'm certainly not trying to hack anything... I'm on a conference call with a client for the love of pete!"

I was trying to show a solution to fix BitcoinPappi

 and  a real problem just happened look at this:
http://imagizer.imageshack.us/v2/1024x768q90/537/cbTGda.png

….

I would like to alternative my address. As a result i will prefer not to include a Bitcoin address in my profile. I will simply post it publicly when one is requested. For now you can use the one that payment was sent to.

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I would like to alternative my address. As a result i will prefer not to include a Bitcoin address in my profile. I will simply post it publicly when one is requested. For now you can use the one that payment was sent to.

@ jonnybravo0311   thanks

@ BitcoinPappi  please let us have  a btc addy in profile

@ mavericklm   please let us have  a btc addy  in profile


once we get the first 10

we can make the alt list of 10  and figure whom is passing  their turn from the first 10.


My hopes would be to start collecting from the  round 4 with  10   players on Tues.

We will use a new collection address for the new round.

about 0.515 btc from 10 people =  5 btc after nicehash fees   that will buy one 100th at westhash  and four 100th at nicehash.  

total 500th for about 23 to 26 hours  with floating price.  of 0.0095 a th  to max of 0.0103 a th  not set in stone  a little lower or higher is possible

due to pricing including  a fixed 100th if  price is decent. (rare but it can happen)



 Rough odds of your 0.515 btc share winning  odds vary a bit if price is lower or higher.

 1 block  =     5  to 1
 2 blocks =   25  to 1
 3 blocks =  125 to 1
 4 blocks =  625 to 1

ck will provide the address we mine to.  

I would mange :

A) the hash rental
B) if a round hits  a block ck  will hold funds and I would setup funds payout with him.
C) this is why the list has your forum name and your profile btc addy for payout.


Lastly this is a lot more work then I thought it would be  so  1 round per  diff adjustment  with a max of 2 rounds will be most likely.

I hope to do  maybe 10 to 15 runs over the summer.

yeah if was a safe method but what a p.i.t.a …… 

I remember canary was doing 20 000 stick orders.  He was pretty good at getting the gear to you.

This is the easiest way I can figure how to do a safe payout.

 People don't realize how things can go wrong maverick has a privacy concern that I respect. 
 I wish I could figure  a better way, but he can make a new address and transfer once paid.

I did not really see the security issue until I had the 49.9 coins in an online blockchain.info wallet. I used a really good password with many copies of it in my home.

I was then fuck I owe 9 guys 4.9 btc and I have to just watch the wallet until I can cash and transfer coins out.

Next rounds the coins will be secured by ck. and we will distribute them using the list. Much safer method.