Are there sites where you can rate by +/- repping and commenting user's trustworthiness based on bitcoin addresses?
The problem with such systems is that it's too easy to game it by one person creating multiple accounts.
Topic: Trust No One - page 109. (Read 161312 times)
The problem with such systems is that it's too easy to game it by one person creating multiple accounts.
Are there sites where you can rate by +/- repping and commenting user's trustworthiness based on bitcoin addresses?
Not to my knowledge, but I cannot immediately fathom how that would work, given anyone's ability to generate a new receiving address at any time.
Are there sites where you can rate by +/- repping and commenting user's trustworthiness based on bitcoin addresses?
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I like this notion of trust no-one, but then how do you spend your coins? Makes it kind of hard... sooner or later you have to make a leap of faith.
Exactly. Otherwise, it's much ado about Farmville Bucks.
I like this notion of trust no-one, but then how do you spend your coins? Makes it kind of hard... sooner or later you have to make a leap of faith.
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Quote from: elvizzzzzzz on Today at 08:36:01 am
With all this paranoia I got to thinking that Bitcoins are similar to, say, gold coins. Their value is independent of a promise to pay, though the ability to pay taxes as legal tender differs.
Then, thinking of a coin that I own, a 1896 silver crown (five shillings) wrapped in gold foil to resemble a gold £5 piece, I remembered that counterfeiting and debasement has existed since money was first invented.
At least for now, a bitcoin is a bitcoin ... as long as the encryption holds.
An probable academic attack on the encryption will probably be published months if not years before an actual attack can be made. This would allow the hash algorithm to be changed to another well in advance so barring some breakthrough in decryption technology not matched by advancements in encryption tech, it shouldn't a major concern in the next few years.
With all this paranoia I got to thinking that Bitcoins are similar to, say, gold coins. Their value is independent of a promise to pay, though the ability to pay taxes as legal tender differs.
Then, thinking of a coin that I own, a 1896 silver crown (five shillings) wrapped in gold foil to resemble a gold £5 piece, I remembered that counterfeiting and debasement has existed since money was first invented.
At least for now, a bitcoin is a bitcoin ... as long as the encryption holds.
An probable academic attack on the encryption will probably be published months if not years before an actual attack can be made. This would allow the hash algorithm to be changed to another well in advance so barring some breakthrough in decryption technology not matched by advancements in encryption tech, it shouldn't a major concern in the next few years.
To my (admittedly limited) understanding of the actual cryptography hard-coded into the Bitcoin system/network, it would be at least as difficult to spoof/inject fake transactions/whatever you want to call it, as it would be to make a fake Visa or MasterCard with a working card number. It would require quantum computing technology to break.
With all this paranoia I got to thinking that Bitcoins are similar to, say, gold coins. Their value is independent of a promise to pay, though the ability to pay taxes as legal tender differs.
Then, thinking of a coin that I own, a 1896 silver crown (five shillings) wrapped in gold foil to resemble a gold £5 piece, I remembered that counterfeiting and debasement has existed since money was first invented.
At least for now, a bitcoin is a bitcoin ... as long as the encryption holds.
Then, thinking of a coin that I own, a 1896 silver crown (five shillings) wrapped in gold foil to resemble a gold £5 piece, I remembered that counterfeiting and debasement has existed since money was first invented.
At least for now, a bitcoin is a bitcoin ... as long as the encryption holds.
An probable academic attack on the encryption will probably be published months if not years before an actual attack can be made. This would allow the hash algorithm to be changed to another well in advance so barring some breakthrough in decryption technology not matched by advancements in encryption tech, it shouldn't a major concern in the next few years.
With all this paranoia I got to thinking that Bitcoins are similar to, say, gold coins. Their value is independent of a promise to pay, though the ability to pay taxes as legal tender differs.
Then, thinking of a coin that I own, a 1896 silver crown (five shillings) wrapped in gold foil to resemble a gold £5 piece, I remembered that counterfeiting and debasement has existed since money was first invented.
At least for now, a bitcoin is a bitcoin ... as long as the encryption holds.
Then, thinking of a coin that I own, a 1896 silver crown (five shillings) wrapped in gold foil to resemble a gold £5 piece, I remembered that counterfeiting and debasement has existed since money was first invented.
At least for now, a bitcoin is a bitcoin ... as long as the encryption holds.
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Wow, hope it works (and boots) on that 1gb drive!
Me too! This ASUS board is pretty rad -- it can boot from "removable media", so I'll work on that tomorrow after school work.
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I was under the impression that you needed min 2gb.
Perhaps, could very well be. I have a LOT of reading and work to do on this. (Bitcoin is actually taking time away from my school work [pell grant being my only source of any income right now, mind you]). My main resource right now is free time, and an internet connection that someone else pays for. And a freezing cold basement. Otherwise, I am dirt poor. I literally spent my last dime on this hardware. None of my friends understand Bitcoin.
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Looking forward to a success story soon!
ME TOO! Thanks. :-)
Wow, hope it works (and boots) on that 1gb drive! I was under the impression that you needed min 2gb. Looking forward to a success story soon!
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With linuxcoin I can access my wallet all over the place.
I can't wait to get linuxcoin up on my first mining rig! I literally JUST put all my hardware together, and it runs (finally!) Using my TV as a monitor... no HDD because I couldn't afford it. But I have this 1GB flash drive laying around... hahaha here goes nothin'
BTW, what's an acceptable temperature range for a CPU / motherboard? I'm just looking at the BIOS here, on this ASUS board with an Athlon II, it started at 95F and steadily rose to 100F... I got scared so i shut it down :-/ 100F seems a bit high to me. Man and this is before any OS or anything. Two 5830s generate a lot of heat, apparently. I'm going to have to get a box fan.
The best solution is to simply hold on to your Bitcoins yourself. The only problem with that is that you can't access the wallet easily from multiple devices/locations.
With linuxcoin I can access my wallet all over the place.
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The police aren't magical wizards
Also -- dontcha love the anonymity of the Internet? :-) Rest easy my friend... The police are generally the LAST group of people I EVER want to visit, for ANY reason. ;-)
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There's not a lot of recourse for finding lost cash as compared with lost credit cards. The difference between lost cash and lost BTC is, you can file a police report about lost cash whether or not they actually pursue the case. They will understand it and allow you to file a report. Lose your BTC, go try to file a police report, and you will likely be laughed at.
Forgot to mention my main point, ha -- If police and governing agencies eventually DID take BTC seriously, recourse for recovering lost BTC would definitely exist.
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Quote from: Crypt_Current on August 10, 2011, 12:30:44 am
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My real money sits in a brown piece of leather in my pocket, or more often than not just lying on a table somewhere. Anyone could take it and run off with it and I'd have no hope of getting it back.
Not quite -- Police take reports of lost cash seriously. Police do not take reports of lost BTC seriously.
They can take it as seriously as they want, I still have no hope of ever getting it back. The police aren't magical wizards who can return stolen property to its owner...
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My real money sits in a brown piece of leather in my pocket, or more often than not just lying on a table somewhere. Anyone could take it and run off with it and I'd have no hope of getting it back.
Not quite -- Police take reports of lost cash seriously. Police do not take reports of lost BTC seriously.
They can take it as seriously as they want, I still have no hope of ever getting it back. The police aren't magical wizards who can return stolen property to its owner...
I understand. There's not a lot of recourse for finding lost cash as compared with lost credit cards. The difference between lost cash and lost BTC is, you can file a police report about lost cash whether or not they actually pursue the case. They will understand it and allow you to file a report. Lose your BTC, go try to file a police report, and you will likely be laughed at.
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My real money sits in a brown piece of leather in my pocket, or more often than not just lying on a table somewhere. Anyone could take it and run off with it and I'd have no hope of getting it back.
Not quite -- Police take reports of lost cash seriously. Police do not take reports of lost BTC seriously.
They can take it as seriously as they want, I still have no hope of ever getting it back. The police aren't magical wizards who can return stolen property to its owner...
I usually trust somebody first, until this guy betraied me.
The best solution is to simply hold on to your Bitcoins yourself. The only problem with that is that you can't access the wallet easily from multiple devices/locations.
BTW, can you tell it's been forever since I actually became involved with a discussion forum? :-D Been a looooong time and looooong journey...
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You could just put that into your sig instead of pasting it with every post...
Now, if you like that tip, consider donating:
Now, if you like that tip, consider donating:
ha, thanks for the tip. I discovered my ability to create a signature after the fact -- apologies for the double-asking.
I'll certainly tip you though -- when I actually get some BTC ;-)
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