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Topic: The Benefits of Having a Universal Wallet (Read 5008 times)

vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
donator
Activity: 3228
Merit: 1226
★Bitvest.io★ Play Plinko or Invest!
November 28, 2012, 11:37:12 PM
#36
I don't mean the thread is unpopular, I mean the idea of creating posts consisting of "bump" to draw undue attention, three times in two days, is unpopular and impolite.

I am not against the idea of a universal client - ironically I once did exactly the same thing and staged a screenshot of what a universal client might look like.  It's in my posting history.  Might have been April 2011.  It was before all these alt chains existed, so my screenshot had some pretend alt chains I made up.

Interesting, do you have the link of the thing you made? Would be interested in taking a look
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
November 28, 2012, 10:25:37 PM
#35
I don't mean the thread is unpopular, I mean the idea of creating posts consisting of "bump" to draw undue attention, three times in two days, is unpopular and impolite.

I am not against the idea of a universal client - ironically I once did exactly the same thing and staged a screenshot of what a universal client might look like.  It's in my posting history.  Might have been April 2011.  It was before all these alt chains existed, so my screenshot had some pretend alt chains I made up.
donator
Activity: 3228
Merit: 1226
★Bitvest.io★ Play Plinko or Invest!
November 28, 2012, 04:56:33 PM
#34
Please not so many bumps, it's unpopular.

it got 600 views in 48 hours vs the other posts.
My other post alone taken 3-4 weeks to get 1000.
If you say its unpopular, then why so many views?
In a short time?

It seems you do not like the idea of a universal wallet,
so you put in the quote *Please not so many bumps....*
But it already fills two pages.

However I notice that the change of picture,
immediately dropped its popular, and
talk about greatly for some reason.
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
November 28, 2012, 11:20:09 AM
#33
Please not so many bumps, it's unpopular.
donator
Activity: 3228
Merit: 1226
★Bitvest.io★ Play Plinko or Invest!
November 28, 2012, 10:08:13 AM
#32
universal bump & update of post
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
November 27, 2012, 10:46:15 PM
#31
Devcoind.exe was completed today, but there is still a bounty open for the qt.
donator
Activity: 3228
Merit: 1226
★Bitvest.io★ Play Plinko or Invest!
November 27, 2012, 10:33:26 PM
#30
universal bump  Smiley
donator
Activity: 3228
Merit: 1226
★Bitvest.io★ Play Plinko or Invest!
November 27, 2012, 03:17:18 AM
#29
Update Bump
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
November 26, 2012, 11:24:55 PM
#28
The majority of people simply want easy to use interfaces.

Example: look at the app ecosystem.
"There's an app for that" - and we love it.

However you want to accomplish it,
It boils down to feature rich simplicity for the end user. Something severely lacking in this space.


Yes, having it all into one client would be nice.
And perhaps a auto updater you can check-mark,
so all the miners update automatically,
majority of pools listed in the miner.
All merged into the wallet file,
called universal wallet.

Lets start this up. And if you offer a donation
for the development, I can add that to the main page
as a bounty.

https://bitcointalk.org/index.php?topic=34586.960 devcoin thread, setting up a bounty on it.
donator
Activity: 3228
Merit: 1226
★Bitvest.io★ Play Plinko or Invest!
November 26, 2012, 11:13:25 PM
#27
The majority of people simply want easy to use interfaces.

Example: look at the app ecosystem.
"There's an app for that" - and we love it.

However you want to accomplish it,
It boils down to feature rich simplicity for the end user. Something severely lacking in this space.


Yes, having it all into one client would be nice.
And perhaps a auto updater you can check-mark,
so all the miners update automatically,
majority of pools listed in the miner.
All merged into the wallet file,
called universal wallet.

Lets start this up. And if you offer a donation
for the development, I can add that to the main page
as a bounty.
sr. member
Activity: 294
Merit: 250
November 26, 2012, 04:08:58 PM
#26
Good to know... I had heard from a couple of people that Litecoin was very intensive because of the quick blocks, and they couldn't successfully run both bitcoin and litecoin on a server.  Of course, the server had other tasks as well...

That may also have been with the original bitcoin client release, I know that the original bitcoin client was MUCH more resource intensive, if I remember correctly I think my bitcoin client was using nearly a gig of system RAM before I updated, now I use a little over 150 megs...

Here is the screen shot of my task manager as it stands now just for a rough idea of how much resources each client uses while also running the rest of the system (cpu usage is at 100% because of minerd, without minerd cpu usage is less than 5-10% on an intel t4400 dual-core):





Sorry for the three separate images but was necessary to capture all of the running processes...
legendary
Activity: 2940
Merit: 1090
November 26, 2012, 04:03:04 PM
#25
Blockchain.info is the block explorer thing?

Whatever, if it works and is free open source code adapting it should be pretty easy...

As for dedicated apps yeah I bet vendors love them too, give people a walmart wallet not a buy from the competition wallet for example heh heh. Smiley

-MarkM-
legendary
Activity: 1400
Merit: 1005
November 26, 2012, 03:56:26 PM
#24
as far as adoption goes, I thought websites are supposedly the adoptable moedium, if you make people run a client at their end instead of simply using their browser you kill adoption anyway so details of the thing they have to download/install are kind of moot, if you want adoption you should be making websites, not user-machine-end client programs?

-MarkM-

It's good to have options.

Blockchain.info is the only web wallet I think anyone should trust (as evidenced by the mybitcoin debacle), and they don't support other cryptocurrencies.  If someone wanted to make a blockchain.info counterpart with the ability to manage all cryptocurrencies, then I think they could be very successful.

Regardless, a desktop wallet wouldn't be a bad thing either.  It'd be a better solution than none, which is what we currently have.
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
November 26, 2012, 03:51:57 PM
#23
One click wallet back up for all coins would be uhhhhmazzzzzzingggg!
legendary
Activity: 2940
Merit: 1090
November 26, 2012, 03:47:07 PM
#22
As far as adoption goes, I thought websites are supposedly the adoptable medium, if you make people run a client at their end instead of simply using their browser you kill adoption anyway so details of the thing they have to download/install are kind of moot, if you want adoption you should be making websites, not user-machine-end client programs?

-MarkM-
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
November 26, 2012, 03:39:16 PM
#21
Code:
int n=0;
while (true) {
    create_new_cryptocurrency("i" + n + "coin");
}
legendary
Activity: 2940
Merit: 1090
November 26, 2012, 03:37:31 PM
#20
It depends on point of delivery.

A better example would be i0coins or even bbqcoins, that is, some example that takes into account the unlikeliness that you care about having a blockchain of it on your local disk.

-MarkM-

legendary
Activity: 1400
Merit: 1005
November 26, 2012, 03:32:53 PM
#19
The fastest-growing coins lately have been the ones who protected themselves against the kinds of attacks blockchains are vulnerable to.

Open Transactions abstracts away all the technical stuff, allowing the user to deal with fiat currencies, grams of gold and silver and such, shares of projects corps companies and such, basically anything fungible and of value, and even non-fungible things are also on the roadmap, things that will involve deeds so that each individual one of  thing 9each house, each car, each ship, etc) can be different from other things of its type.

Thus it does not matter to the client whether any particular thing moves away from blockchain representation to protect itself from blockchain attacks, or moves back to blockchain format once it has enough transaction volume to attract miners or enough ASICs of its own to defend itself or whatever.

All users really care about is how many of what do they have and how much is that worth.

Having to run a whole bunch of different clients depending on which thing happens to use which format at any given moment is just technical crap that should not get in the way of the user being able to pick up whatever is growing fastest in value whether it happens at any particular moment to be a "currency", a "commodity", a 'share", a 'bond", a 'fiat", a 'blockchain coin' or anything else of value.

-MarkM-

Give an example of how an open transactions purchase of Bitcoins would work.  What you just said only says "yes, you can perform transactions off of the blockchain".  I want to know exactly how you picture this working.
legendary
Activity: 2940
Merit: 1090
November 26, 2012, 03:30:10 PM
#18
The fastest-growing coins lately have been the ones who protected themselves against the kinds of attacks blockchains are vulnerable to.

Open Transactions abstracts away all the technical stuff, allowing the user to deal with fiat currencies, grams of gold and silver and such, shares of projects corps companies and such, basically anything fungible and of value, and even non-fungible things are also on the roadmap, things that will involve deeds so that each individual one of  the thing (each house, each car, each ship, etc) can be different from other things of its type.

Thus it does not matter to the client whether any particular thing moves away from blockchain representation to protect itself from blockchain attacks, or moves back to blockchain format once it has enough transaction volume to attract miners or enough ASICs of its own to defend itself or whatever.

All users really care about is how many of what do they have and how much is that worth.

Having to run a whole bunch of different clients depending on which thing happens to use which format at any given moment is just technical crap that should not get in the way of the user being able to pick up whatever is growing fastest in value whether it happens at any particular moment to be a "currency", a "commodity", a "share", a 'bond", a 'fiat", a "blockchain coin" or anything else of value.

(Basically what a thing is, how it is implemented, etc are server-side issues; all clients care about is how many do I have, how much are things worth, and how many can I get of what in return for what.)

-MarkM-
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