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Energy consumption could become an issue if bitcoin really breaks through Economics
The largest cost of production is energy.That is quite debatable. In fact, to th…
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n/a | Etlase2 | April 24, 2013, 01:41:38 AM |
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Limits to accepting a new longest chain to prevent >50% Development & Technical Discussion
"Too old" is a subjective measure and will be disagreed upon. Not everyone is go…
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n/a | Etlase2 | April 24, 2013, 12:03:21 AM |
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Limits to accepting a new longest chain to prevent >50% Development & Technical Discussion
(I think if they were big enough you'd still have a hell of a mess so the curren…
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n/a | Etlase2 | April 23, 2013, 11:47:39 PM |
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Limits to accepting a new longest chain to prevent >50% Development & Technical Discussion
Although perhaps not a very likely scenario such an attack would be a massive co…
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n/a | Etlase2 | April 23, 2013, 11:28:37 PM |
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I will create a forked bitcoin chain Altcoin Discussion
2d Re-hash all the other blocks at trivial difficulty3. Checkpoint a particular…
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n/a | Etlase2 | April 23, 2013, 11:22:18 PM |
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How a Bitcoin Web Service can Prove it is not Running on Fractional Reserves Economics
Wow, if this works and is widely used it could solve a lot of problems.Seems lik…
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n/a | Etlase2 | April 23, 2013, 11:11:00 PM |
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Is it known that every block CAN produce a hash under target? Development & Technical Discussion
The merkle root changes everytime the transaction selection changes (or transact…
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n/a | Etlase2 | April 23, 2013, 10:53:50 PM |
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A long term fundamental analysis of bitcoin Economics
When your just store your Money in gold, bitcoin or under your bed, you are effe…
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n/a | Etlase2 | April 23, 2013, 03:49:53 PM |
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[StableCoin] Welcome and Introduce Yourself... Altcoin Discussion
But if you are trying to lock coins during inflation, there probably shouldn't b…
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n/a | Etlase2 | April 23, 2013, 11:15:22 AM |
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E=m*btc^2 ? Economics
now if my mining setup is 10 Gh/s I'm pretty much operating at almost zero loss…
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n/a | Etlase2 | April 23, 2013, 06:45:37 AM |
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Energy consumption could become an issue if bitcoin really breaks through Economics
The best case is that it ushers in a new golden age of renewable energyWould thi…
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n/a | Etlase2 | April 23, 2013, 04:35:03 AM |
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[StableCoin] Welcome and Introduce Yourself... Altcoin Discussion
I cannot deny that bitcoin's structure influenced me on this. And I know that th…
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n/a | Etlase2 | April 23, 2013, 04:24:35 AM |
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Energy consumption could become an issue if bitcoin really breaks through Economics
So the gist is:1) People in the financial industry should never work again2) Peo…
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n/a | Etlase2 | April 23, 2013, 03:12:42 AM |
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Energy consumption could become an issue if bitcoin really breaks through Economics
I would like to point out that my proposal for a stable value currency (Decrits…
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n/a | Etlase2 | April 23, 2013, 02:07:06 AM |
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StableCoin Altcoin Discussion
If anyone still thinks that *anything* based off of bitcoin is worthwhile: https…
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n/a | Etlase2 | April 23, 2013, 01:59:21 AM |
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E=m*btc^2 ? Economics
anything that is tied to overall costs to operate for the entire Bitcoin system…
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n/a | Etlase2 | April 23, 2013, 01:51:57 AM |
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[StableCoin] Welcome and Introduce Yourself... Altcoin Discussion
Right now, people say that a lot of their coins are in cold storage, but we have…
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n/a | Etlase2 | April 23, 2013, 01:36:30 AM |
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What (if any) mechanism is there to protect against a massive hash rate drop? Development & Technical Discussion
A simple decrease in the number of blocks between difficulty changes would go a…
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n/a | Etlase2 | April 23, 2013, 12:49:59 AM |
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Quantum computers META THREAD Development & Technical Discussion
um ok so your arguing against.... yourself here...or I am misreading you....you…
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n/a | Etlase2 | April 22, 2013, 11:58:46 PM |
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I will create a forked bitcoin chain Altcoin Discussion
The solution to fix accidentally spending on both forks is pretty simple: use an…
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n/a | Etlase2 | April 22, 2013, 11:46:12 PM |
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[ANN] Freicoin: demurrage crypto-currency from the Occupy movement (crowdfund) Announcements (Altcoins)
It still does not excuse the fact that this core idea is completely absent from…
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n/a | Etlase2 | April 22, 2013, 01:53:48 PM |
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StableCoin Altcoin Discussion
There is no such thing a free money, this is what the fed attempts to do with qu…
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n/a | Etlase2 | April 22, 2013, 01:44:22 PM |
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StableCoin Altcoin Discussion
We're not talking bitcoin here, we're talking stablecoin. You quote one part of…
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n/a | Etlase2 | April 22, 2013, 01:12:40 PM |
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[ANN] Freicoin: demurrage crypto-currency from the Occupy movement (crowdfund) Announcements (Altcoins)
You have to take into account that we have different views. Personally I'm not c…
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n/a | Etlase2 | April 22, 2013, 12:59:52 PM |
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StableCoin Altcoin Discussion
Your concerns seem to be more geared towards dumping. This is only an issue in t…
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n/a | Etlase2 | April 22, 2013, 12:52:07 PM |
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[ANN] Freicoin: demurrage crypto-currency from the Occupy movement (crowdfund) Announcements (Altcoins)
jti, you guys have no credibility whatsoever in my eyes. Last minute completely…
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n/a | Etlase2 | April 22, 2013, 11:56:33 AM |
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[ANN] Freicoin: demurrage crypto-currency from the Occupy movement (crowdfund) Announcements (Altcoins)
AFAICT, "republicoin" is just "vote for how we spend the money", not anything ac…
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n/a | Etlase2 | April 22, 2013, 09:49:51 AM |
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Quantum computers PLEASE STICKY Development & Technical Discussion
This thread has some very detailed discussion that would be a bit more useful as…
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n/a | Etlase2 | April 22, 2013, 12:53:10 AM |
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[ANN] Freicoin: demurrage crypto-currency from the Occupy movement (crowdfund) Announcements (Altcoins)
It is unfortunate that dispelling the idea of being shady crypto banksters is no…
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n/a | Etlase2 | April 22, 2013, 12:46:54 AM |
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Bitcoin 101 & 102: What you need to know about BitCoin (Introductory Videos) Bitcoin Discussion
I'm sorry man, but when you completely stop at why it's called a cryptocurrency…
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n/a | Etlase2 | April 22, 2013, 12:28:32 AM |
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[ANN] Freicoin: demurrage crypto-currency from the Occupy movement (crowdfund) Announcements (Altcoins)
I'm not interested in what Gesellian group-think thinks, I'm interested in why w…
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n/a | Etlase2 | April 22, 2013, 12:23:35 AM |
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StableCoin Altcoin Discussion
I can understand everything but part (4)(4) the big premajn plans(2-3 mils koino…
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n/a | Etlase2 | April 21, 2013, 11:49:47 PM |
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[ANN] Freicoin: demurrage crypto-currency from the Occupy movement (crowdfund) Announcements (Altcoins)
Initial distribution through a Foundation was a half-way compromise.Wait, wait w…
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n/a | Etlase2 | April 21, 2013, 10:48:35 PM |
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StableCoin Altcoin Discussion
We think it'll be quite "stable"...I know I'm lame but I can't read Russian. Is…
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n/a | Etlase2 | April 21, 2013, 08:05:53 PM |
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What Popping Bitcoin Bubbles Tell Us Economics
We must, somehow, get to the point that we can openly encourage new participants…
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n/a | Etlase2 | April 21, 2013, 02:51:20 PM |
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StableCoin Altcoin Discussion
I know you have a preoccupation with making sure P3 CPU miners can still generat…
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n/a | Etlase2 | April 19, 2013, 10:35:59 PM |
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StableCoin Altcoin Discussion
Ultimately the issue you will run into with free handouts or enforced penalties…
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n/a | Etlase2 | April 21, 2013, 02:27:37 AM |
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StableCoin Altcoin Discussion
Quote from: Etlase2Luckily I haven't proposed an algorithm that attempts to find…
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n/a | Etlase2 | April 19, 2013, 06:23:04 PM |
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Bitcoin trades the inequity of dynastic power for the inequity of early adoption Speculation
It's too late to do anything about it for Bitcoin - we've gotta live with the di…
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n/a | Etlase2 | April 21, 2013, 09:47:45 AM |
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StableCoin Altcoin Discussion
Maybe not 10x, but even a 2x efficiency improvement (or rumors thereof) will be…
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n/a | Etlase2 | April 21, 2013, 08:34:38 AM |
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StableCoin Altcoin Discussion
Awesome post Etlase2!Thanks.QuoteSo a the number of coins a Minting block create…
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n/a | Etlase2 | April 19, 2013, 11:58:37 PM |
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StableCoin Altcoin Discussion
The 999 part is my addition and is what Decrits attempts, if I understand it cor…
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n/a | Etlase2 | April 19, 2013, 06:26:29 PM |
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[StableCoin] Welcome and Introduce Yourself... Altcoin Discussion
Hi, I'm Etlase2. I used to be called etlase, but that account was squelched and…
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n/a | Etlase2 | April 19, 2013, 07:19:21 PM |
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StableCoin Altcoin Discussion
I thought it was genius. I'd proved that a StableCoin could theoretically be cre…
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n/a | Etlase2 | April 18, 2013, 05:25:07 PM |
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StableCoin Altcoin Discussion
It *does not* require external information. I repeat, you are criticizing a prop…
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n/a | Etlase2 | April 18, 2013, 12:13:30 PM |
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Has anyone proposed a coin that adjusts its supply to stabilize prices? Beginners & Help
It would be helpful for me if you could write an updated post on Decrits that no…
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n/a | Etlase2 | April 18, 2013, 11:21:41 AM |
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StableCoin Altcoin Discussion
Yes, that's a restatement of the stability problem. "The production cost of mone…
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n/a | Etlase2 | April 18, 2013, 07:36:24 AM |
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StableCoin Altcoin Discussion
Say StableCoin was actually perfectly stable in practice. But We all presume tha…
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n/a | Etlase2 | April 18, 2013, 01:43:48 AM |
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StableCoin Altcoin Discussion
Red, why such the heavy focus on stabilizing a cryptocurrency against a fiat cur…
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n/a | Etlase2 | April 17, 2013, 11:09:48 PM |
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StableCoin Altcoin Discussion
I spent a lot of time debating with jtimon about freicoin before it was released…
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n/a | Etlase2 | April 17, 2013, 09:06:09 PM |
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StableCoin Altcoin Discussion
It's nice to see some new voices speaking about Freicoin, but demurrage, like de…
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n/a | Etlase2 | April 17, 2013, 08:19:22 PM |
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The Well Deserved Fortune of Satoshi Nakamoto, Visionary and Genious Bitcoin Discussion
Which is why I said the community would have to agree since they'd have to volun…
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n/a | Etlase2 | April 17, 2013, 07:20:22 PM |
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The Well Deserved Fortune of Satoshi Nakamoto, Visionary and Genious Bitcoin Discussion
I think it would be hilarious if a majority of the miners (and I suppose the com…
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n/a | Etlase2 | April 17, 2013, 07:10:39 PM |
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StableCoin Altcoin Discussion
Unfortunately that's very unstable do to Moore's law etc.Moore's law, by golly,…
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n/a | Etlase2 | April 17, 2013, 06:25:58 PM |
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StableCoin Altcoin Discussion
A more practical goal than a distributed CPI is to simply target a long term val…
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n/a | Etlase2 | April 17, 2013, 05:55:59 PM |
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Has anyone proposed a coin that adjusts its supply to stabilize prices? Beginners & Help
But who would supply that variable? The cost of computing? This would have to be…
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n/a | Etlase2 | April 17, 2013, 05:24:23 PM |
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The Well Deserved Fortune of Satoshi Nakamoto, Visionary and Genious Bitcoin Discussion |
n/a | Etlase2 | April 17, 2013, 01:18:52 PM |
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The Well Deserved Fortune of Satoshi Nakamoto, Visionary and Genious Bitcoin Discussion
I'm the one picking what I want to see? You are the deluded person who thinks th…
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n/a | Etlase2 | April 17, 2013, 12:06:11 PM |
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The Well Deserved Fortune of Satoshi Nakamoto, Visionary and Genious Bitcoin Discussion
And really, it is Satoshi's identity that lies at the core of these efforts. Al…
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n/a | Etlase2 | April 17, 2013, 11:52:22 AM |
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StableCoin Altcoin Discussion
I guess I should read more of what you've written lately. Are you still equating…
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n/a | Etlase2 | April 17, 2013, 10:10:48 AM |
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The Well Deserved Fortune of Satoshi Nakamoto, Visionary and Genious Bitcoin Discussion
Why aren't you using your skills to do something useful?I think you mean, why do…
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n/a | Etlase2 | April 17, 2013, 08:18:29 AM |
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StableCoin Altcoin Discussion
Do you mean a demurrage style tax where you remove hoarded coins as well? Or is…
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n/a | Etlase2 | April 17, 2013, 08:06:51 AM |
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StableCoin Altcoin Discussion
Now, switching back to agreeing with you; here's another problem with the design…
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n/a | Etlase2 | April 17, 2013, 01:50:34 AM |
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Should Peter Vessenes resign as the Executive Director for Bitcoin Foundation ? Bitcoin Discussion
As for what we guys wanted? Personally I never had any say in regards to the Fou…
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n/a | Etlase2 | April 16, 2013, 01:36:35 AM |
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Should Peter Vessenes resign as the Executive Director for Bitcoin Foundation ? Bitcoin Discussion
A Bitcoin-Stallman would not be bad. Let me know how long you're standing aroun…
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n/a | Etlase2 | April 16, 2013, 12:48:06 AM |
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Should Peter Vessenes resign as the Executive Director for Bitcoin Foundation ? Bitcoin Discussion
If you look at the FSF, Richard Stallman is super dedicated to his cause, to the…
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n/a | Etlase2 | April 15, 2013, 11:39:32 PM |
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Should Peter Vessenes resign as the Executive Director for Bitcoin Foundation ? Bitcoin Discussion
Yes, if there's an man that's supposed to have the leading role of two enterpris…
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n/a | Etlase2 | April 15, 2013, 11:16:45 PM |
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Should Peter Vessenes resign as the Executive Director for Bitcoin Foundation ? Bitcoin Discussion
I interpreted this was that they would actually want to regulate how trade is do…
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n/a | Etlase2 | April 15, 2013, 11:10:22 PM |
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Should Peter Vessenes resign as the Executive Director for Bitcoin Foundation ? Bitcoin Discussion
You need to realize that there is some distance between regulation of fiat->BTC…
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n/a | Etlase2 | April 15, 2013, 11:03:06 PM |
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Satoshi's Fortune lower bound is 100M USD(DEBATE GOING ON, DO NOT TWEET!) Bitcoin Discussion
It is a logarithmic scale. I see at least five different hash rate levels. Maybe…
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n/a | Etlase2 | April 15, 2013, 03:32:03 AM |
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Satoshi's Fortune lower bound is 100M USD(DEBATE GOING ON, DO NOT TWEET!) Bitcoin Discussion
Also this graph http://bitcoin.sipa.be/speed-ever.png shows wild fluctuations o…
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n/a | Etlase2 | April 15, 2013, 03:11:44 AM |
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Satoshi's Fortune lower bound is 100M USD Bitcoin Discussion
(where the CPU mining code is identical to bitcoin 0.1.0, as both are based on c…
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n/a | Etlase2 | April 15, 2013, 12:20:44 AM |
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Satoshi's Fortune lower bound is 100M USD Bitcoin Discussion
We can't tell if the timestamps are reliable or not.Over what range would you fe…
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n/a | Etlase2 | April 14, 2013, 11:48:56 PM |
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Satoshi's Fortune lower bound is 100M USD Bitcoin Discussion
I'm ignoring the timestamps in the blockchain, as I said.No, you're making up re…
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n/a | Etlase2 | April 14, 2013, 10:47:21 PM |
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Satoshi's Fortune lower bound is 100M USD Bitcoin Discussion
Quote— all we really know for sure was that there were at least two blocks creat…
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n/a | Etlase2 | April 14, 2013, 10:02:02 PM |
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Satoshi's Fortune lower bound is 100M USD Bitcoin Discussion
I was actually taking Sergio's dopey argument and substituting in the data we ac…
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n/a | Etlase2 | April 14, 2013, 09:35:08 PM |
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Satoshi's Fortune lower bound is 100M USD(DEBATE GOING ON, DO NOT TWEET!) Bitcoin Discussion
lol @ 14kh/s between blocks 0 and 1, that's obviously satoshi trying his hardest…
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n/a | Etlase2 | April 14, 2013, 04:57:03 PM |
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Satoshi's Fortune lower bound is 100M USD(DEBATE GOING ON, DO NOT TWEET!) Bitcoin Discussion
They deserve to be wealthy. I fail to get how there is anything whatsoever wron…
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n/a | Etlase2 | April 14, 2013, 02:51:25 PM |
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Satoshi's Fortune lower bound is 100M USD(DEBATE GOING ON, DO NOT TWEET!) Bitcoin Discussion
Bitcoin was never once publicly discussed prior to its release.Wrong: http://www…
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n/a | Etlase2 | April 14, 2013, 04:32:20 PM |
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Bitcoin = Ponzi Scheme = You are perhaps using the term slightly incorrectly Bitcoin Discussion
That would actually be characterized as a pump-and-dump, not a ponzi. And if we…
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n/a | Etlase2 | April 14, 2013, 12:52:23 PM |
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Satoshi's Fortune lower bound is 100M USD(DEBATE GOING ON, DO NOT TWEET!) Bitcoin Discussion
Even if Satoshi has all those Bitcoins, we don't really have to worry about him…
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n/a | Etlase2 | April 14, 2013, 12:43:32 PM |
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Satoshi's Fortune lower bound is 100M USD Bitcoin Discussion
I'm with you that the OP is off on his assessment... but in what way was a P3 "c…
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n/a | Etlase2 | April 14, 2013, 12:02:24 PM |
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Satoshi's Fortune lower bound is 100M USD Bitcoin Discussion
I believe that Satoshi foresaw this very issue, and so avoided mining at all unt…
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n/a | Etlase2 | April 14, 2013, 02:30:50 AM |
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Is there a way to encrypt a message with one key and decrypt it with another key Development & Technical Discussion
Not really the whole point, especially considering it's not the part that bitcoi…
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n/a | Etlase2 | April 09, 2013, 03:05:35 AM |
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Why use blocks at all? Bitcoin Discussion
Does not sound secure to me. For a known cost you can cause a failure of trust. …
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n/a | Etlase2 | April 07, 2013, 06:59:05 PM |
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Why use blocks at all? Bitcoin Discussion
It is quite easy to imagine where miners assemble transactions into blocks and c…
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n/a | Etlase2 | April 07, 2013, 09:54:15 AM |
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Little game. Altcoin Discussion
this'll be pretty hard to do unless you help.. like say does v2 mean "version tw…
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n/a | Etlase2 | March 31, 2013, 03:02:29 AM |
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WHY BTC is NOT a Ponzi scheme Bitcoin Discussion
methinks the lady doth protest too much
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n/a | Etlase2 | March 31, 2013, 01:29:49 AM |
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What incentive is there for individuals/organisations to create alt currencies? Altcoin Discussion
What would people think about a new coin where the creator receives a small perc…
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n/a | Etlase2 | March 23, 2013, 04:54:03 PM |
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Breaking News: Litecoin hits 0.075 USD / LTC for first time! Altcoin Discussion
I'm not sure how I could've written a more sarcastic post considering it had alr…
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n/a | Etlase2 | March 06, 2013, 12:37:57 AM |
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The implications of the United States' "unsustainable debt trajectory" Economics
The Federal Reserve is setup much like a public utility run by private interests…
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n/a | Etlase2 | February 26, 2013, 01:31:44 AM |
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The implications of the United States' "unsustainable debt trajectory" Economics
I think you mean odolvlobo has the post that most closely agrees with the agenda…
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n/a | Etlase2 | February 25, 2013, 11:59:18 PM |
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The implications of the United States' "unsustainable debt trajectory" Economics
Abolishing the fed would not be a default. Read more on how the fed interacts wi…
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n/a | Etlase2 | February 25, 2013, 03:13:54 AM |
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The implications of the United States' "unsustainable debt trajectory" Economics
you really need to read more on the topic. if anything the bank controls the gov…
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n/a | Etlase2 | February 25, 2013, 01:20:45 AM |
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The implications of the United States' "unsustainable debt trajectory" Economics
You have a big misunderstanding of how the US monetary system works.Option B won…
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n/a | Etlase2 | February 24, 2013, 10:10:31 PM |
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The implications of the United States' "unsustainable debt trajectory" Economics
The Fed is not a govt bank or controlled by the govt. Please It does exactly wh…
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n/a | Etlase2 | February 24, 2013, 10:30:09 PM |
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Inflation and Deflation of Price and Money Supply Economics
hmmm, ok, I have some research to do now on: Multibit, BitcoinJ, Electrum, ...I…
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n/a | Etlase2 | February 20, 2013, 05:50:44 PM |
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Inflation and Deflation of Price and Money Supply Economics
Money supply inflation means there is more money in the money supply than previo…
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n/a | Etlase2 | February 15, 2013, 07:47:56 PM |
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A saving driven economy vs A loan driven economy Economics
Government and FED are different organization, FED buy bonds from government, an…
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n/a | Etlase2 | February 15, 2013, 06:59:33 PM |
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A saving driven economy vs A loan driven economy Economics
If more than one people claim the same piece of gold at the same time, banks go…
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n/a | Etlase2 | February 14, 2013, 11:55:20 PM |
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