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BTC violates GAAP, result a mess. Development & Technical Discussion
One simple Example: There is not even a "Reason of payment" field usable by the…
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n/a | aaaxn | June 10, 2013, 04:28:39 AM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
Assuming each account is 48 bytes this means about 32 accounts per sector and e…
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n/a | aaaxn | June 10, 2013, 03:41:56 AM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
I think we should treat account ledger as just list of accounts. Account never c…
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n/a | aaaxn | June 10, 2013, 02:50:53 AM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
I recently stumbled across these two papers which show that it is possible to pr…
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n/a | aaaxn | June 10, 2013, 02:38:46 AM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
I have done Java, though c++ is my primary language. I think that we need to…
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n/a | aaaxn | June 10, 2013, 01:36:47 AM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
QuoteThe challenge here is that in the event of a chain split, this transaction…
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n/a | aaaxn | June 10, 2013, 01:31:41 AM |
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What has caused the latest drop > 114USD ( Now 107) Trading Discussion
Well, it dipped below 100 momentarily.Fundamentally, I don't see why the price s…
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n/a | aaaxn | June 09, 2013, 02:39:41 AM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
Is 200 kB/s managable? That is like 400 txn per second for transmitting txns. An…
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n/a | aaaxn | June 07, 2013, 09:02:33 AM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
The code quality of bitcoinj doesn't look too bad either, apparently it was writ…
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n/a | aaaxn | June 07, 2013, 03:26:03 AM |
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a 51% attack costs $20,000,000 and is devastating Bitcoin Discussion
It is technically impossible to "destroy bitcoin" as described. You cannot "chan…
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n/a | aaaxn | June 06, 2013, 03:58:29 PM |
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a 51% attack costs $20,000,000 and is devastating Bitcoin Discussion
Then you will be working on 10 different chains, each with 5% of the network has…
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n/a | aaaxn | June 06, 2013, 02:57:23 PM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
I hadn't ever heard of that, it actually looks fairly decent and well tested. Th…
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n/a | aaaxn | June 06, 2013, 02:26:19 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
QuoteIf we assume reliable propagation of the broadcasts within a certain time l…
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n/a | aaaxn | June 06, 2013, 02:20:36 PM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
Well, I still don't see it as a problem.If you believe this is the problem, then…
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n/a | aaaxn | June 06, 2013, 08:30:46 AM |
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a 51% attack costs $20,000,000 and is devastating Bitcoin Discussion
No, long before you cross into the 51% domain, people will start noticing, when…
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n/a | aaaxn | June 06, 2013, 07:46:53 AM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
blockhcain bloat isnt really the big problem here. ordinary computers come with…
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n/a | aaaxn | June 06, 2013, 07:24:49 AM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
Speed for client is not a problem. Go was just 10x slower than C++ in benchmark…
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n/a | aaaxn | June 06, 2013, 07:14:49 AM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
+1I hope this will be a priority, because the concepts of proof-of-stake are now…
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n/a | aaaxn | June 06, 2013, 07:10:52 AM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
4) zero-conf txns I suggested something for zero-conf txns here: http://www.redd…
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n/a | aaaxn | June 06, 2013, 06:59:54 AM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
C++ may not be the nicest language but it is the fastest and Satoshi made Bitcoi…
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n/a | aaaxn | June 06, 2013, 05:13:51 AM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
In theory we should avoid using bitcoin source, because it's a mess, but it also…
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n/a | aaaxn | June 06, 2013, 03:55:26 AM |
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what if Mr. China sells its U$ T-bills ? Economics
the "nuclear option" :Mr. China hits the sell button on his US treasury billsjus…
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n/a | aaaxn | June 05, 2013, 07:14:55 PM |
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what if Mr. China sells its U$ T-bills ? Economics
the "nuclear option" :Mr. China hits the sell button on his US treasury billsjus…
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n/a | aaaxn | June 05, 2013, 07:06:21 PM |
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what if Mr. China sells its U$ T-bills ? Economics
the "nuclear option" :Mr. China hits the sell button on his US treasury billsjus…
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n/a | aaaxn | June 05, 2013, 06:44:15 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
Confirming or acknowledging there is no difference. Each TB is essentially a sep…
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n/a | aaaxn | June 05, 2013, 05:34:10 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
EvilCorp chain: 1->3->5->7->9->etc. - 50% consensusGood chain: 1->2->4 (acknowle…
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n/a | aaaxn | June 05, 2013, 04:57:31 PM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
I think we can get secure coin laundry without complications of zero coin with C…
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n/a | aaaxn | June 05, 2013, 04:07:56 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
EvilCorp chain: 1->3->5->7->9->etc. - 50% consensusGood chain: 1->2->4 (acknowle…
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n/a | aaaxn | June 05, 2013, 04:12:18 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
Hey Etlase, I think you use word obvious too much? And you say that implementati…
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n/a | aaaxn | June 05, 2013, 03:51:52 PM |
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Interest rates in a deflationary currency Economics
http://en.wikipedia.org/wiki/UsuryInterest in itself is not usury (in most cultu…
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n/a | aaaxn | June 05, 2013, 01:54:07 AM |
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Interest rates in a deflationary currency Economics
Your confusing risk premium in an individual loan with core interest rates, risk…
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n/a | aaaxn | June 04, 2013, 03:39:41 AM |
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Interest rates in a deflationary currency Economics
I like to add to the discussion that even in a deflationary currency negative in…
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n/a | aaaxn | June 04, 2013, 03:27:27 AM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
Am I correct, that mechanisms like colored coins, would not work with this kind…
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n/a | aaaxn | June 03, 2013, 01:00:47 PM |
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Interest rates in a deflationary currency Economics
Question on demurrage:What do you do with those lost coins? If they are annihila…
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n/a | aaaxn | June 03, 2013, 12:52:53 PM |
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MC2 ("Netcoin"): A cryptocurrency based on a hybrid PoW/PoS system Altcoin Discussion
Do we have an estimate for the release of this coin yet?We don't even have estim…
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n/a | aaaxn | June 02, 2013, 04:37:23 PM |
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MC2 ("Netcoin"): A cryptocurrency based on a hybrid PoW/PoS system Altcoin Discussion
Digitalmagnus said it nicely in a previous post. We must be able to make this cu…
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n/a | aaaxn | June 02, 2013, 04:30:52 PM |
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Interest rates in a deflationary currency Economics
It was a good answer to the original poster's question: 'How do banks pay their…
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n/a | aaaxn | June 02, 2013, 04:25:26 PM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
QuoteMaybe you could start a wiki or do you have another idea?I guess I could ho…
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n/a | aaaxn | June 02, 2013, 02:36:01 PM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
QuoteWith account ledger you can get rid of unspent outputs. There is no such th…
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n/a | aaaxn | June 02, 2013, 01:54:43 PM |
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Interest rates in a deflationary currency Economics
Not if you borrow satoshies in the first place.No one is going to lend you in su…
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n/a | aaaxn | June 02, 2013, 01:38:19 PM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
QuoteWith account ledger you can get rid of unspent outputs. There is no such th…
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n/a | aaaxn | June 02, 2013, 01:29:16 PM |
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Interest rates in a deflationary currency Economics
Banks would need to take control of the 51% hashing power and propose to move de…
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n/a | aaaxn | June 02, 2013, 01:25:21 PM |
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Interest rates in a deflationary currency Economics
You have to get out of the frame of thought of banks producing money by using me…
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n/a | aaaxn | June 02, 2013, 12:51:08 PM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
So how much compression does this actually give you?The most compression I can t…
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n/a | aaaxn | June 02, 2013, 12:43:02 PM |
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BTC violates GAAP, result a mess. Development & Technical Discussion
No, including hash of previous block still requires that you serialize transacti…
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n/a | aaaxn | June 02, 2013, 12:28:27 PM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development
QuoteBtw, it adds some other important features, as aaaxn said:I think the most…
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n/a | aaaxn | June 02, 2013, 10:19:55 AM |
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MC2 ("Netcoin"): A cryptocurrency based on a hybrid PoW/PoS system Altcoin Discussion
Is netcoin considering to change bitcoin input-output-scripts system with accoun…
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n/a | aaaxn | June 02, 2013, 07:09:02 AM |
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BTC violates GAAP, result a mess. Development & Technical Discussion
EDIT: That was mean and I apologize. There's nothing wrong with being ignorant s…
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n/a | aaaxn | June 02, 2013, 02:27:52 AM |
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Interest rates in a deflationary currency Economics
Credit is a hard concept in the Bitcoin economy. That being said, lending isn't…
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n/a | aaaxn | June 02, 2013, 04:52:46 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
Etlase, you are going to create wiki or just start discussion from start every t…
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n/a | aaaxn | June 02, 2013, 02:36:48 AM |
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BTC violates GAAP, result a mess. Development & Technical Discussion
I'm not really keen on speculating about what senderLastMod means, and you don't…
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n/a | aaaxn | June 02, 2013, 01:55:22 AM |
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BTC violates GAAP, result a mess. Development & Technical Discussion
Congratulations, you've just centralized & serialized the transaction generation…
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n/a | aaaxn | June 02, 2013, 02:07:19 AM |
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Interest rates in a deflationary currency Economics
If you have deflation lenders can adjust nominal interest and maintain steady re…
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n/a | aaaxn | June 01, 2013, 03:26:55 PM |
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BTC violates GAAP, result a mess. Development & Technical Discussion
Without knowing exactly what you mean by "senderLastMod", I'm can only speculate…
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n/a | aaaxn | June 01, 2013, 02:00:51 PM |
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BTC violates GAAP, result a mess. Development & Technical Discussion
Not duplicate, I called it mirror-inverted. Payer and receiver have an account.…
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n/a | aaaxn | June 01, 2013, 05:48:11 AM |
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Building the Next Generation of Crypto-Currency (developers required) Project Development |
n/a | aaaxn | June 01, 2013, 04:02:24 AM |
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[white paper] Purely P2P Crypto-Currency With Finite Mini-Blockchain Altcoin Discussion
I am very interested in this mini-blockchain idea, and the other ideas in the th…
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n/a | aaaxn | June 01, 2013, 03:43:38 AM |
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BTC violates GAAP, result a mess. Development & Technical Discussion
aaaxn:Please explain the transaction records you propose more detailed.Do you ag…
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n/a | aaaxn | June 01, 2013, 12:54:47 AM |
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BTC violates GAAP, result a mess. Development & Technical Discussion
Give me a list of your 24 bytes, and I'll give you a partial list of capabilitie…
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n/a | aaaxn | May 31, 2013, 04:02:13 PM |
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New video: Why the blocksize limit keeps Bitcoin free and decentralized Bitcoin Discussion
In practice, there would probably be three options from the perspective of the m…
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n/a | aaaxn | May 31, 2013, 02:23:43 PM |
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New video: Why the blocksize limit keeps Bitcoin free and decentralized Bitcoin Discussion
Good heavens! You are already an off-chain processor. This is great! It's pre…
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n/a | aaaxn | May 31, 2013, 02:09:38 PM |
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BTC violates GAAP, result a mess. Development & Technical Discussion
Ledger system done right provide big savings in memory, because you don't even h…
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n/a | aaaxn | May 31, 2013, 11:27:12 AM |
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BTC violates GAAP, result a mess. Development & Technical Discussion
This doesn't save as much (of anything in particular) as you'd hope. The proble…
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n/a | aaaxn | May 31, 2013, 08:57:40 AM |
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BTC violates GAAP, result a mess. Development & Technical Discussion
It is easily possible and actually recommended to use addresses as "transaction…
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n/a | aaaxn | May 31, 2013, 06:18:33 AM |
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BTC violates GAAP, result a mess. Development & Technical Discussion
First, a ledger system provides no meaningful resources savings (no reduction in…
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n/a | aaaxn | May 31, 2013, 01:25:02 AM |
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MC2 ("Netcoin"): A cryptocurrency based on a hybrid PoW/PoS system Altcoin Discussion
Maybe netcoin could be open source but with license attached that do not allow t…
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n/a | aaaxn | May 30, 2013, 04:22:01 AM |
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MC2 ("Netcoin"): A cryptocurrency based on a hybrid PoW/PoS system Altcoin Discussion
Maybe netcoin could be open source but with license attached that do not allow t…
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n/a | aaaxn | May 30, 2013, 12:39:25 AM |
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Yet another Decentralized Exchange Topic Project Development
How about making 2 party escrow for p2p exchanges? With enough collateral partie…
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n/a | aaaxn | May 29, 2013, 10:07:10 AM |
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[white paper] Purely P2P Crypto-Currency With Finite Mini-Blockchain Altcoin Discussion
Another approach to secure laundry using Eltase's ideas.First let's define Mixin…
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n/a | aaaxn | May 27, 2013, 03:48:00 PM |
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New video: Why the blocksize limit keeps Bitcoin free and decentralized Bitcoin Discussion
I think you're misunderstanding the difference between the current hard limit, a…
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n/a | aaaxn | May 28, 2013, 01:37:19 PM |
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Ultimate blockchain compression w/ trust-free lite nodes Development & Technical Discussion
And yes, I know that some BTC "Heroes" won't even hear evident, irrebuttable fac…
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n/a | aaaxn | May 28, 2013, 06:48:13 AM |
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New video: Why the blocksize limit keeps Bitcoin free and decentralized Bitcoin Discussion
Bitcoin can't really drop block size limit. If it does you can easily dos blockc…
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n/a | aaaxn | May 28, 2013, 06:40:12 AM |
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New video: Why the blocksize limit keeps Bitcoin free and decentralized Bitcoin Discussion
Bitcoin can't really drop block size limit. If it does you can easily dos blockc…
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n/a | aaaxn | May 28, 2013, 05:49:46 AM |
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New video: Why the blocksize limit keeps Bitcoin free and decentralized Bitcoin Discussion
Oh, you mean like gold?Not like gold. Bitcoin doesn't have value other than bein…
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n/a | aaaxn | May 28, 2013, 05:42:44 AM |
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New video: Why the blocksize limit keeps Bitcoin free and decentralized Bitcoin Discussion
I paid $25 to get money to Tradehill when I was buying BTC. And it took days so…
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n/a | aaaxn | May 28, 2013, 05:13:13 AM |
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New video: Why the blocksize limit keeps Bitcoin free and decentralized Bitcoin Discussion
$20/transaction would be worth every penny to me for a system I could trust. I…
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n/a | aaaxn | May 28, 2013, 04:32:01 AM |
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Again, a block with 0 transactions is accepted Development & Technical Discussion
Of course miners that mine empty blocks delays transactions.They might be not af…
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n/a | aaaxn | May 27, 2013, 07:11:14 PM |
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coin mixing using Chaum's blind signatures Development & Technical Discussion
Maybe mixing scheme I proposed for account ledger system can be adapted to use w…
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n/a | aaaxn | May 27, 2013, 06:26:55 PM |
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Ultimate blockchain compression w/ trust-free lite nodes Development & Technical Discussion
I completely disagree.Yes, Bitcoin is exactly the same as other currencies in th…
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n/a | aaaxn | May 27, 2013, 06:04:48 PM |
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Ultimate blockchain compression w/ trust-free lite nodes Development & Technical Discussion
Also the "accounting solution" only helps as long as there are transactions like…
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n/a | aaaxn | May 27, 2013, 04:51:43 AM |
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Ultimate blockchain compression w/ trust-free lite nodes Development & Technical Discussion
What doesn't make sense? Outputs and scripts is how bitcoin works.Well it is ho…
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n/a | aaaxn | May 26, 2013, 03:15:42 PM |
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[white paper] Purely P2P Crypto-Currency With Finite Mini-Blockchain Altcoin Discussion
Could you maybe summarize how your proposal is different from "Ultimate Blockcha…
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n/a | aaaxn | May 26, 2013, 03:07:04 PM |
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Ultimate blockchain compression w/ trust-free lite nodes Development & Technical Discussion
Another problem is that you have to maintain a list of "existent accounts" forev…
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n/a | aaaxn | May 26, 2013, 03:04:42 PM |
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[white paper] Purely P2P Crypto-Currency With Finite Mini-Blockchain Altcoin Discussion
Yes, I thought it over and your solution can work indeed and has many advantages…
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n/a | aaaxn | May 26, 2013, 09:17:01 AM |
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[white paper] Purely P2P Crypto-Currency With Finite Mini-Blockchain Altcoin Discussion
It seems as if you have given the laundry this information, so you have not prot…
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n/a | aaaxn | May 25, 2013, 12:43:58 PM |
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[white paper] Purely P2P Crypto-Currency With Finite Mini-Blockchain Altcoin Discussion
Awesome features with account ledger continues:Secure coin laundryWe create new…
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n/a | aaaxn | May 25, 2013, 11:29:02 AM |
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A little more equi-distant confirmation time intervals then in today's coins Altcoin Discussion
Now the idea: After a new block has been created, the difficulty is first higher…
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n/a | aaaxn | May 25, 2013, 02:18:22 AM |
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$5000+ bitcoin? Speculation
I don't think that calculation you did is the daily operating cost.Well it is. I…
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n/a | aaaxn | May 19, 2013, 02:15:56 PM |
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I don't use the Bitcoin-Qt client anymore due to lax security, can it be fixed? Development & Technical Discussion
To aaaxn: I'm curious about your idea of replacing input/output script with acco…
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n/a | aaaxn | May 19, 2013, 01:42:51 PM |
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$5000+ bitcoin? Speculation
Let's do some math. 3600 new coins mined a day (for next 3 years) at $5000 per b…
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n/a | aaaxn | May 19, 2013, 01:14:29 PM |
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I don't use the Bitcoin-Qt client anymore due to lax security, can it be fixed? Development & Technical Discussion
Quoteis your attention span 10 seconds? because I responded to every single sugg…
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n/a | aaaxn | May 19, 2013, 12:25:39 PM |
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0.8.2rc1 ready for testing Development & Technical Discussion
I have a question about the non standard transactions:If I leave the default set…
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n/a | aaaxn | May 19, 2013, 05:10:51 AM |
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[CONFIRMED] Why not confirming? Over 0.01 under 10k size, even includes a fee... Development & Technical Discussion
Sounds like a poorly designed business model combined with a failure to properly…
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n/a | aaaxn | May 19, 2013, 04:59:25 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
It may seem like useless arguing if you don't understand he and I do understand…
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n/a | aaaxn | May 17, 2013, 03:39:41 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
Etlase2, why waste so much time arguing. You could use this time to make post wh…
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n/a | aaaxn | May 17, 2013, 01:56:51 AM |
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Dealing with SHA-256 Collisions Development & Technical Discussion
True - but the likelihood is *why* the answer is not relevant (i.e. in "fairylan…
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n/a | aaaxn | May 14, 2013, 05:25:53 AM |
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Dealing with SHA-256 Collisions Development & Technical Discussion
As mentioned the previous hash needs to be included - the likelihood of SHA256(…
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n/a | aaaxn | May 14, 2013, 05:03:29 AM |
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Dealing with SHA-256 Collisions Development & Technical Discussion
What if someone could make valid next block which hash is exactly same as previo…
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n/a | aaaxn | May 14, 2013, 04:46:18 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
The vulnerability is that the hash of all the sigs was being used to generate a…
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n/a | aaaxn | May 14, 2013, 03:36:58 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
It is 51% in the absolute best-case scenario. Where have you been hiding?In bitc…
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n/a | aaaxn | May 13, 2013, 09:52:58 AM |
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