New England New England 6 States Songs: https://www.reddit.com/newengland/comments/er8wxd/new_england_6_states_songs/ NewEnglandcoin Symbol: NENG NewEnglandcoin is a clone of Bitcoin using scrypt as a proof-of-work algorithm with enhanced features to protect against 51% attack and decentralize on mining to allow diversified mining rigs across CPUs, GPUs, ASICs and Android phones. Mining Algorithm: Scrypt with RandomSpike. RandomSpike is 3rd generation of Dynamic Difficulty (DynDiff) algorithm on top of scrypt. 1 minute block targets base difficulty reset: every 1440 blocks subsidy halves in 2.1m blocks (~ 2 to 4 years) 84,000,000,000 total maximum NENG 20000 NENG per block Pre-mine: 1% - reserved for dev fund ICO: None RPCPort: 6376 Port: 6377 NewEnglandcoin has dogecoin like supply at 84 billion maximum NENG. This huge supply insures that NENG is suitable for retail transactions and daily use. The inflation schedule of NengEnglandcoin is actually identical to that of Litecoin. Bitcoin and Litecoin are already proven to be great long term store of value. The Litecoin-like NENG inflation schedule will make NewEnglandcoin ideal for long term investment appreciation as the supply is limited and capped at a fixed number Bitcoin Fork - Suitable for Home Hobbyists NewEnglandcoin core wallet continues to maintain version tag of "Satoshi v0.8.7.5" because NewEnglandcoin is very much an exact clone of bitcoin plus some mining feature changes with DynDiff algorithm. NewEnglandcoin is very suitable as lite version of bitcoin for educational purpose on desktop mining, full node running and bitcoin programming using bitcoin-json APIs. The NewEnglandcoin (NENG) mining algorithm original upgrade ideas were mainly designed for decentralization of mining rigs on scrypt, which is same algo as litecoin/dogecoin. The way it is going now is that NENG is very suitable for bitcoin/litecoin/dogecoin hobbyists who can not , will not spend huge money to run noisy ASIC/GPU mining equipments, but still want to mine NENG at home with quiet simple CPU/GPU or with a cheap ASIC like FutureBit Moonlander 2 USB or Apollo pod on solo mining setup to obtain very decent profitable results. NENG allows bitcoin litecoin hobbyists to experience full node running, solo mining, CPU/GPU/ASIC for a fun experience at home at cheap cost without breaking bank on equipment or electricity. MIT Free Course - 23 lectures about Bitcoin, Blockchain and Finance (Fall,2018) https://www.youtube.com/playlist?list=PLUl4u3cNGP63UUkfL0onkxF6MYgVa04Fn CPU Minable Coin Because of dynamic difficulty algorithm on top of scrypt, NewEnglandcoin is CPU Minable. Users can easily set up full node for mining at Home PC or Mac using our dedicated cheetah software. Research on the first forked 50 blocks on v1.2.0 core confirmed that ASIC/GPU miners mined 66% of 50 blocks, CPU miners mined the remaining 34%. NENG v1.4.0 release enabled CPU mining inside android phones. Youtube Video Tutorial How to CPU Mine NewEnglandcoin (NENG) in Windows 10 Part 1 https://www.youtube.com/watch?v=sdOoPvAjzlE How to CPU Mine NewEnglandcoin (NENG) in Windows 10 Part 2 https://www.youtube.com/watch?v=nHnRJvJRzZg How to CPU Mine NewEnglandcoin (NENG) in macOS https://www.youtube.com/watch?v=Zj7NLMeNSOQ Decentralization and Community Driven NewEnglandcoin is a decentralized coin just like bitcoin. There is no boss on NewEnglandcoin. Nobody nor the dev owns NENG. We know a coin is worth nothing if there is no backing from community. Therefore, we as dev do not intend to make decision on this coin solely by ourselves. It is our expectation that NewEnglandcoin community will make majority of decisions on direction of this coin from now on. We as dev merely view our-self as coin creater and technical support of this coin while providing NENG a permanent home at ShorelineCrypto Exchange. Twitter Airdrop Follow NENG twitter and receive 100,000 NENG on Twitter Airdrop to up to 1000 winners Graphic Redesign Bounty Top one award: 90.9 million NENG Top 10 Winners: 500,000 NENG / person Event Timing: March 25, 2019 - Present Event Address: NewEnglandcoin DISCORD at: https://discord.gg/UPeBwgs Please complete above Twitter Bounty requirement first. Then follow Below Steps to qualify for the Bounty: (1) Required: submit your own designed NENG logo picture in gif, png jpg or any other common graphic file format into DISCORD "bounty-submission" board (2) Optional: submit a second graphic for logo or any other marketing purposes into "bounty-submission" board. (3) Complete below form. Please limit your submission to no more than two total. Delete any wrongly submitted or undesired graphics in the board. Contact DISCORD u/honglu69#5911 or u/krypton#6139 if you have any issues. Twitter Airdrop/Graphic Redesign bounty sign up: https://goo.gl/forms/L0vcwmVi8c76cR7m1 Milestones
Sep 3, 2018 - Genesis block was mined, NewEnglandcoin created
Sep 8, 2018 - github source uploaded, Window wallet development work started
Sep 11,2018 - Window Qt Graphic wallet completed
Sep 12,2018 - NewEnglandcoin Launched in both Bitcointalk forum and Marinecoin forum
Sep 14,2018 - NewEnglandcoin is listed at ShorelineCrypto Exchange
Sep 17,2018 - Block Explorer is up
Nov 23,2018 - New Source/Wallet Release v1.1.1 - Enabled Dynamic Addjustment on Mining Hashing Difficulty
Nov 28,2018 - NewEnglandcoin became CPU minable coin
Nov 30,2018 - First Retail Real Life usage for NewEnglandcoin Announced
Dec 28,2018 - Cheetah_Cpuminer under Linux is released
Dec 31,2018 - NENG Technical Whitepaper is released
Jan 2,2019 - Cheetah_Cpuminer under Windows is released
Jan 12,2019 - NENG v1.1.2 is released to support MacOS GUI CLI Wallet
Jan 13,2019 - Cheetah_CpuMiner under Mac is released
Feb 11,2019 - NewEnglandcoin v1.2.0 Released, Anti-51% Attack, Anti-instant Mining after Hard Fork
Mar 16,2019 - NewEnglandcoin v22.214.171.124 Released - Ubuntu 18.04 Wallet Binary Files
Apr 7, 2019 - NENG Report on Security, Decentralization, Valuation
Apr 21, 2019 - NENG Fiat Project is Launched by ShorelineCrypto
Sep 1, 2019 - Shoreline Tradingbot project is Launched by ShorelineCrypto
Dec 19, 2019 - Shoreline Tradingbot v1.0 is Released by ShorelineCrypto
Jan 30, 2020 - Scrypt RandomSpike - NENG v1.3.0 Hardfork Proposed
Feb 24, 2020 - Scrypt RandomSpike - NENG core v1.3.0 Released
Jun 19, 2020 - Linux scripts for Futurebit Moonlander2 USB ASIC on solo mining Released
Jul 15, 2020 - NENG v1.4.0 Released for Android Mining and Ubuntu 20.04 support
Jul 21, 2020 - NENG v126.96.36.199 Released for MacOS Wallet Upgrade with Catalina
Jul 30, 2020 - NENG v188.8.131.52 Released for Linux Wallet Upgrade with 8 Distros
Aug 11, 2020 - NENG v184.108.40.206 Released for Android arm64 Upgrade, Chromebook Support
Aug 30, 2020 - NENG v220.127.116.11 Released for Android/Chromebook with armhf, better hardware support
2018 Q3 - Birth of NewEnglandcoin, window/linux wallet - Done
2018 Q4 - Decentralization Phase I
Blockchain Upgrade - Dynamic hashing algorithm I - Done
Cheetah Version I- CPU Mining Automation Tool on Linux - Done
2019 Q1 - Decentralization Phase II
Cheetah Version II- CPU Mining Automation Tool on Window/Linux - Done
Blockchain Upgrade Dynamic hashing algorithm II - Done
2019 Q2 - Fiat Phase I
Assessment of Risk of 51% Attack on NENG - done
Launch of Fiat USD/NENG offering for U.S. residents - done
Initiation of Mobile Miner Project - Done
2019 Q3 - Shoreline Tradingbot, Mobile Project
Evaluation and planning of Mobile Miner Project - on Hold
Initiation of Trading Bot Project - Done
2019 Q4 - Shoreline Tradingbot
Shoreline tradingbot Release v1.0 - Done
2020 Q1 - Evaluate NENG core, Mobile Wallet Phase I
NENG core Decentralization Security Evaluation for v1.3.x - Done
Light Mobile Wallet Project Initiation, Evaluation
2020 Q2 - NENG Core, Mobile Wallet Phase II
NENG core Decentralization Security Hardfork on v1.3.x - Scrypt RandomSpike
Light Mobile Wallet Project Design, Coding
2020 Q3 - NENG core, NENG Mobile Wallet Phase II
Review on results of v1.3.x, NENG core Dev Decision on v1.4.x, Hardfork If needed
Light Mobile Wallet Project testing, alpha Release
2020 Q4 - Mobile Wallet Phase III
Light Mobile Wallet Project Beta Release
Light Mobile Wallet Server Deployment Evaluation and Decision
The year is 2016 and the mining reward has halved. I check my smartphone and bitcoin is up another 30%, nice! My model girlfriend is laying next to me, still asleep, with a qc code tattooed on her lower back. I spend the morning fighting fud on reddit, and propose we go brunch. The human female knows we would not be where we are now without my foresight in 2015, and agrees. We go to the local diner and I order steak and eggs. The fedora gets blown off during our Google automated uber ride over, but luckily the diner offers replacement fedoras in place of legacy toothpicks. The girl goes to the restroom while I check the smartphone, bitcoin is up another 1500%, nice! The waiter brings our bill and I offer a 20% filthy statist tip or 2x bitcoin. The waiter embraces the future and I walk them through the epoxying their anus. Today was a good day. Where do I go next?
Well... I decided to mine Bitcoin so I purchased an asic and was mining along happily... but then I got scared and sold it on Ebay... -10% + -$46 USD. So now I've lost any profit I would have made since I had to sell BTC for the asic. So now my money is tied up in Pay'pal' and I do not know when it will be released since they told me over the phone it would be yesterday but now that is not the case as of this morning. Also, once the funds are available they said it can take 3-5 'Business days' to transfer the fund into my bank account. In the mean time the price of BTC is rising and if I buy back I will have lost nearly another 15-20% assuming the price stays where it is now.... Don't be this guy! TL;DR: Ebay/paypal sucks and this is why Bitcoin(but you already knew that didn't you?). What good ebay alternatives exist? Ive tried OpenBazaar but I got stuck in dependency hell on windBLows(I primarily use Fedora, don't ask).
Reddit Inc. donates to charity, the reddit hivemind whines about why this is terrible.
EDIT: Most of what I quoted has since been downvoted, and it's mostly positive stuff at the top now, so take this vitriolic rant with a grain of salt. Let's be honest we all knew this contrarian shit would crop up as soon as the charity appeal showed up on the front page. Dissecting it is pointless. So, let's dissect it. Calling all redditors to help Nepal earthquake victims Let me give my opinion here: $2,000 isn't all that much money, and Reddit Inc. could have donated more, but the important thing for good causes is not doing everything, but doing something. Moving on to the shit-slinging.
Look whose jumping on the bullshit PR bandwagon. $2000? Add a couple zeros. Donate all ad sales for a week. You don't pay anyone on this site for the content which generates your revenue, and you're contributing less than an individual can contribute to an election? I'm sick of all these for profit entities trading on disaster for a bump in public opinion. This site relies on devices created by borderline if not actual slave labor. The entire internet does. Either practice ethically all the time, or stay out of it.
So this is already shit. What the fuck is wrong with this person to think that the motivation for donating money invalidates the cause? People in Nepal aren't going to refuse the money because Reddit only donated to look good you moron, money is money. You're sick of 'all these for profit entities' helping the needy? Because it's good for the corporations too? Can't you comprehend a world where two parties benefit from something? 2cynical4me
3800 dead (more than 9/11) and estimates of $10 billion of damage, good job Reddit with your overwhelmingly generous $2000 tax deductible corporate donation. You spend more than that on coffee.
Well, there's kind of a point there with the relatively small amount. But on the other hand, most people spend more on coffee than they donate to charity.
Neither of these accept bitcoin :(
Donate real money then you fuck.
Just started my new job and I cant quite afford to donate just yet, but I plan on it when I get paid in a few weeks. Really happy to see the amount of people world over donating though! You guys are awesome. Nice response by reddit. I don't always agree with reddit activism, but the company and the community's response in the face of disasters like this is great. I'll be donating when I get home from work and can actually input my CC info securely.
Wow that's fantastic! What positive comments. They're both at 0 points.
"we’re kicking off this initiative with a donation from reddit inc. for $2,000." hahahahahahahahahahaha
hahaha get it because they donated some money but it wasn't more money.
No. You have people in you're own backyard that needs help
American People > Foreign people, right?
How is their overhead?? Will donate as long as at least 95% of my proceeds go to the actual people instead of administrative stuff. Like Unicef they only get 20 cents on the dollar you donate or something absurd like that. Downvoted because I want people to get more money as compared to overhead?
This shit always gets me, it's obviously just some shitty excuse to not donate. 20 cents on the dollar is still 20 cents more than nothing you moron. Also, citation needed on that stat you pulled out of your ass.
Edgy 2: Electric Boogaloo
Aww, how ni-
I think it's complete bullshit that these greedy credit card companies are going to keep upwards of 3% of all money that is donated, through credit card fees. Who knows a good way to donate to the cause using bitcoin?
The people in Nepal are going to be really pleased to hear some brave redditor donated something completely intangible and useless to 99% of the world.
No thanks. Fuck those people.
Edgy 3: 2edgy 4 me. Genuinely I wonder, is this just to be loledgyfunny on the internet, or are these people just that cruel? People fucking died.
Who cares? It doesn't affect me
Reddit: the post.
How about we handle America's problems first
Because not everyone on Reddit is an American? Because 5000 Americans didn't just get killed? Because it's basic human compassion you lunatic?
Fuck off, the country has plenty of money to rebuild.
Edgy 4: Back for some more
I spent the last couple hours on reddit at work - Only fair I give that pay to those in need.
I really like these comments. I wish they were top of the chain, because it's nice to see people care at least a bit on this fucking site.
Uh.....I think we have enuf problems of our own to pay for. Have you seen the riots in Baltimore [...] Let China, Russia and Saudi Arabia foot the bill for once. Why do WE always have to help the World?
Jesus christ, Reddit =/= America. Also, 5000 people are fucking dead, which is somewhat worse than (the admittedly horrible) situation in baltimore. What's more, "Let someone else do it" is a fucking shitty attitude. Shouldn't you want your country to be as globally helpful and reliable as possible? Maybe it's just me.
I can't even support myself right now but I'll do my best to send some money their way.
Another nice comment. Warms the cockles of my heart.
i don't want to
Uh-huh. The nice comments are outnumbered an easy 3-1 in this thread, and most are downvoted/not upvoted. It's a shame that this shit is about as deep in the chain as the last comment.
where were these nepal fucks when i needed help? screw them. i don't give a shit about there probelms anyomre then they care about mine
By 'baltimoron4' Edgy 5: Stop it please
Research how the $10billion raised was used in Haiti and I say no thank you.
Charity money was misused? Well that means we should just not bother trying, right?
yeah because it was thriving so well prior to the earthquake right, oh wait people must be running out of "protests" to go to so they need something else to post to facebook to make others think they care
Literally what the fuck are you talking about.
Just watched how poorly 10 Billion in donated money was spent in Haiti. I don't think I'll ever give money to these "causes" again.
5000 PEOPLE ARE DEAD YOU CUNT.
Fuck 'em. They can help themselves
Edgy 6: You're all dicks.
Edgy 7: I want to kill myself.
I would love to donate but NONE of this money will get to victims. If it does make its way to victims they wont see anything for a year. Charities are almost all scams, nothing gets to victims for months but these charties take money and pay big salaries to executives. Shameful.
Wow nice facts you literally made up. Fuck you, and fuck using your bullshit cynicism to avoid trying to help people. Not only do most charities actually you know, help people, there's a good reason to pay their CEOs highly: because that way people will actually want to do the job.
I've already sent a dozen prayers. If I keep this up, situation should be resolved by next thursday
Haha, good one. tips fedora
Nepal never did anything for me, last time I checked.
What's the thought behind this shit? What the fuck has reddit got against nepal? The most benign fucking country I can think of?
The U.S. Government gives a ton of aid to India. I don't need to help more than that
India = Nepal right?
Fuck those chinks. There are apes destroying Baltimore. We should be focusing on that. Wall off the city of Baltimore and turn it into a Warsaw like ghetto. Those of you retards that don't get the reference, Google it.
Edgy 8: This must be bait. Right? Or does some fuck really believe this garbage.
Don't worry citizens of Nepal i will be sure to post some dank memes in a show of support
HAHAHA FUCK YOU. There are ton more shitty comments, like, WAY MORE, and it's fucking exhausting. Most shitting on Haiti or saying that americans deserve money more than nepalese. What a fucking dogshit thread. The silver lining is that, at least, quite a few people have donated.
Which cryptos have the most seemingly qualified developers and ongoing development?
Which cryptocoin do you see having the most active developers and most qualified to do the job? I hear lots about marketing, charity drives, large communities or retail adoption but I hear less and less of what is happening behind the scenes. Edit 1: Here is a preliminary list of who's who and Developments. Please correct me if I am missing info, have wrong info or want me to add other coin dev teams. Bitcoin Core Dev TeamVice ArticleGitHub Stats 5,180 commits 11 branches 107 releases 162 contributors Recent Developments
Satoshi Nakamoto: Bitcoin's Creator
Gavin Andresen: Andresen serves as chief scientist on the board of the Bitcoin Foundation and is essentially bitcoin’s lead developer, a position passed onto him by Satoshi Nakamoto, bitcoin’s mysterious creator. A Princeton grad, Andresen joined the bitcoin movement after spending time in Silicon Valley. Today, he is the only person receiving an official salary from the foundation for his work. Outside of Nakamoto himself, Andresen is the person who has most influence on the direction of bitcoin. If bitcoin is a ship, Andresen is the undisputed captain. He’s bitcoin’s Linus Torvalds.
Jeff Garzik: Garzik is a frequent writer, miner, developer (bitcoin and others), network engineer, familiy man, and staunch bitcoin advocate. He’s known within the community to be incredibly smart, tackling bitcoin’s many complex problems with speed and ease. Notably, he was the world’s first person to receive a specialized bitcoin miner from Yifu Guo’s firm Avalon, which at one point was mining hundreds of dollars worth of bitcoins a day.
Mike Hearn: By day, Hearn is a software engineer for Google. By night, he is the bitcoin community’s unofficial futurist, bitcoin’s very own Ray Kurzweil. Always focusing three to five years down the road, Hearn’s role is primarily that of an advisor.
Matt Corallo: One of the core development team’s unsung heroes, Corallo has made significant contributions to the bitcoin client, its infrastructure, and the main protocol, among others.
Pieter Wiuelle: Like Corallo, Wiuelle has devoted a substantial amount of code to the bitcoin project.
coblee (Charlie Lee) - Foundecreator of Litecoin. Bachelors and Masters from MIT in Computer Science and Electrical Engineering. Worked at Google previously on YouTube, Chrome OS, and Play Games. Currently working at Coinbase.
wtogami (Warren Togami) - Is an open source veteran as founder of Fedora, developer of K12Linux, Spamassassin, Bitcoin, and currently the lead developer of the Litecoin Project.
aspect (Anton Yemelyanov) - 20 years of software development with background in 3d graphics, special effects and video processing. Currently Director of Technology at the Bitcoin Embassy.
Nathan Gudmunson (gudmunsn) Chairman. Mr. Gudmunson is the core developer for Worldcoin as well as an organizer for the Worldcoin community. He has been previously associated with a variety of businesses and educational institutions including NBCUniversal, Microsoft, Arizona State University, and Bellevue College. Mr. Gudmunson holds a Bachelor’s degree in Psychology from the University of Washington, Seattle. He was a founding member of Paper Napkin Designs, LLC., as well as the founder of WorkingPC.
Asa Gunderman (nerdcustoms) Vice Chairman. Asa began his career working on computer electronics while serving in the United States Navy. Since leaving the military, he has started a networking solutions company and is the co-founder of Worldcoin Foundation, LLC. Asa has spent the better half of a decade assisting small businesses with networking and systems administration.
u/jessquit to u/nullc "You're so fucking shameless, devoting your career to crippling one of the most disruptive inventions since the Internet to please your investment team. Watching you go down in flames will be one of the great moments in computer science. Your legacy will be a monument of shame" (214 points, 40 comments)
Suggestion for new terminology. Instead of saying "small blocks" vs "big blocks", we could say: "centrally planned blocksize" vs "market-based blocksize". This will make it clear that some solutions are based on markets and economics, and other solutions are based on central planning. (195 points, 64 comments)
Core/Blockstream is living in a fantasy world. In the real world everyone knows (1) our hardware can support 4-8 MB (even with the Great Firewall), and (2) hard forks are cleaner than soft forks. Core/Blockstream refuses to offer either of these things. Other implementations (eg: BU) can offer both. (180 points, 35 comments)
Letting FEES float without letting BLOCKSIZES float is NOT a "market". A market has 2 sides: One side provides a product/service (blockspace), the other side pays fees/money (BTC). An "efficient market" is when players compete and evolve on BOTH sides, approaching an ideal FEE/BLOCKSIZE EQUILIBRIUM. (153 points, 42 comments)
Previously, Greg Maxwell u/nullc (CTO of Blockstream), Adam Back u/adam3us (CEO of Blockstream), and u/theymos (owner of r\bitcoin) all said that bigger blocks would be fine. Now they prefer to risk splitting the community & the network, instead of upgrading to bigger blocks. What happened to them? (149 points, 66 comments)
"Negotiations have failed. BS/Core will never HF - except to fire the miners and create an altcoin. Malleability & quadratic verification time should be fixed - but not via SWSF political/economic trojan horse. CHANGES TO BITCOIN ECONOMICS MUST BE THRU FULL NODE REFERENDUM OF A HF." ~ u/TunaMelt (124 points, 80 comments)
u/Luke-Jr: "The best available here is currently 5Mb down + 512k up DSL." // u/TruthReasonOrLies: "You seem to want to hold back the network development and growth to support those who are the least likely to run full nodes or mining." (114 points, 45 comments)
The Bitcoin community is talking. Why isn't Core/Blockstream listening? "Yes, [SegWit] increases the blocksize but BU wants a literal blocksize increase." ~ u/lurker_derp ... "It's pretty clear that they [BU-ers] want Bitcoin, not a BTC fork, to have a bigger blocksize." ~ u/WellSpentTime (90 points, 41 comments)
Just because something is a "soft fork" doesn't mean it isn't a massive change. SegWit is an alt-coin. It would introduce radical and unpredictable changes in Bitcoin's economic parameters and incentives. Just read this thread. Nobody has any idea how the mainnet will react to SegWit in real life. (88 points, 26 comments)
the systematic censorship policy of r\bitcoin is one of the clearest proof of the technical inferiority of blockstream core prescribed solutions : if they were just better , there would be no need for such policy . (219 points, 74 comments)
Another successful hard fork by Ethereum occurred today. Protocol upgrades are possible. Don't listen to lies from entrenched interests that say otherwise. (202 points, 78 comments)
I think if it comes down to it, Core would rather remain in control, even if it means introducing a small blocksize increase, as opposed to losing control entirely. We should not lose sight of our larger goals no matter what carrots they throw our way: We need a new, un-corrupt dev team. (177 points, 65 comments)
Bitcoin Core Devs can't just say the price of Bitcoin should be stuck at $100 per coin. The market decides. Just like Core shouldn't say the size of a block is stuck at 1MB. The market should decide! Take centrally planned actors OUT of the equation. This is Bitcoin-- Not the Federal Reserve. (145 points, 39 comments)
Miner Jiang Zhou'er: "I can conclude with great confidence: SegWit will never ever be activated. Even in 75% or 51% scenarios it will not be alive. ..some people are destined to be nailed up on the pillar of humiliation." (95 points, 63 comments)
We need more exclusive content for /btc with watermarks stating against censorship in /bitcoin. The new content will be effective in spreading the word! (79 points, 32 comments)
No one (except the market) knows what the price of Bitcoin should be, just like no one (except the market) knows what the size of blocks should be. Bitcoin Unlimited allows a market-decided blocksize. Bitcoin Core allows a centrally planned blocksize. (74 points, 20 comments)
It is likely a Core-affiliated extremist will attack pools mining Bitcoin Unlimited blocks. I recommend Bitcoin.com Pool goes live ASAP, with over 10% hashrate, so we have multiple pools for redundancy. 10-12% hashrate is not enough in the face of attackers who try to artificially activate Segwit. (64 points, 52 comments)
nullc is actively trying to delete Satoshi from history. First he assigned all satoshi commits on github to himself, then he wanted to get rid of the whitepaper as it is and now notice how he never says "Satoshi", he says "Bitcoin's Creator". by blockstreamcoin (243 points, 243 comments)
Censorship test from Gavin: post two positive things one about BU and another about SW, and see what happens by chakrop (240 points, 69 comments)
206 points: ViaBTC's comment in I'm Haipo Yang, founder and CEO of ViaBTC, Ask Me Anything!
118 points: solex1's comment in Gavin Andresen on Twitter: "I'm happy to see Bitcoin Unlimited gaining popularity, and hope their decentralized market-based approach gets adopted."
[Build Ready] $1600 Desktop - Overclocking and Gaming. Linux Compatible?
Hi BuildAPC, After dealing with Intel Integrated Graphics since 2010, I'm finally ready to build myself a desktop that can play modern games at higher than 20 FPS. I do plan to overclock, and I don't particularly like the idea of having a massive CPU cooler hanging off of my motherboard, so I went with the H100 water cooler. The Sabertooth, I'm a little skeptical about, but the 5 year warranty is nice, I've personally always had excellent experiences with Asus Support, and the board is aesthetically pleasing to me. The areas I'm really not sure on are the video card and power supply. I've never had a computer with a dedicated graphics card, and I don't see any blatantly obvious reason to go with either nVidia or ATI, so any advice on which way to go would be much appreciated. I do plan on doing some Bitcoin mining with whatever card I get, at least until my Jalapeno gets here, and I do normally dual boot Windows 7 with either Arch or Fedora Linux, but I don't know what the current status of drivers is there. For the power supply, PC Part Picker is estimating 350 W, but I know it'll go higher once I start overclocking. I realize it probably won't hit 1000, but when the price difference from 750 to 1000 W is $10.00, why not? Can anyone attest to how quiet this "Silent" power supply is? If it is too much overkill and not really quiet, could someone recommend a similarly priced, modular, 500W+, Efficency Certified, quiet PSU? One idea that I've been working in is modding the Switch 810 so that the top vents instead of being manually controlled, would be automatically opened and closed by an AVR that draws power from the PSU and that measures the internal case temperature with a thermocouple. I'd then replace the vent handle with a three postion switch that sets the vents as open, closed, or automatically controlled. The only thing is, I don't have the case yet and the datasheet wasn't very clear on how the vents actuate. Does anyone have this case? If so, how does the open/close mechanism actually work? Apologies for the essay and so many questions! Please let me know if there are any concerns or if there are other options that I should consider before I start this build. Thanks! PCPartPicker part list / Price breakdown by merchant / Benchmarks
Prices include shipping, taxes, and discounts when available.
Note: I already have a 240 GB SanDisk Extreme SSD, so that'll hold my operating systems and program files. Edit: I updated the PSU to a 650 Watt one, and switched to a 7970. I'm going to go do some reading on Linux support for the 7970. Thanks for the recommendations!
I find Adam’s editorial to be problematic, especially with all of the inaccuracies and clear bias for Bitcoin and against Ripple. For example:
They aren’t really traded as currency themselves, instead they are intended as an anti-spam mechanism – Like a stamp on an envelope with a check inside.
It’s true that XRP does fight spam transactions—the more transactions you make, the more XRP you have to put behind them. However, XRP is a first-class cryptocurrency in its own right that is traded on several exchanges. XRP has recently increased in price from 1000 XRP/USD to 20 XRP/USD--about 5¢ and rising quickly. I suspect it’ll be a lot than 5¢ a year from now. Just like BTC back in the day.
What if you don’t want to send Bitcoins? Ripple is a good option.
Actually, Ripple is a great option if you want to send Bitcoin, since you can pay anyone with a Bitcoin address (using any currency I might add) from your Ripple wallet.
Where Bitcoin is an ownership based person-to-person system, Ripple is built on interconnected networks of p2p credit. Bitcoins are wholly owned with no risk of the redeeming party defaulting.
XRP is a cryptocurrency—it also has no counter-party risk and doesn’t require trust to transact in it with anyone else on the Ripple network. Someone who you’ve extended credit to or a gateway holding balances for you in something other than XRP can stiff you, that’s true. But that’s no different (at least from the user’s point of view) than a Bitcoin exchange or web wallet today.
I don’t think it’s fair to say that Ripple is Bitcoin 2.0; it’s more like a parallel evolution that brings its own strengths and weaknesses to the table. It’s a better fit for some needs, and worse for others.
It would be interesting to hear how Ripple is “worse” for some needs compared to Bitcoin. Why is it not fair to call Ripple “Bitcoin 2.0”? If we’re objective, Ripple has features that most Bitcoin users would like to have:
Ripple has a built-in decentralized currency exchange, including BTC, LTC, etc.
Ripple transactions are confirmed in 5-10 seconds
there’s no blockchain to download; every client is a full client
a Ripple wallet can hold multiple currencies
If Bitcoin 2.0 could magically appear next month, it would likely have most of these features. All of the technical goodies—m of n signatures, smart contracts, deterministic wallets, etc. are in Ripple too, so you don’t lose anything there.
One of the liabilities that Ripple has all to itself is a corporate structure.
How can Ripple Labs have any liability for an open source protocol? That’s like saying RedHat is liable if I hack a bank website using a laptop running Fedora or Google is liable for someone looking at childporn on the web using Chrome. Do you think investors like Andreessen Horowitz and Google Ventures would open themselves up to that kind of liability if that were the case? Short answer: no. Adam attempts to make the case that complying with regulators is something Ripple Labs had no choice in because they’re a corporation. He even goes on to say:
It’s also not surprising that Ripple Labs takes that approach – What choice do they have? If they’re seen as aiding or enabling illegal activities they have facilities that can be raided, assets that can be seized. Look at how law enforcement deals with media piracy, anything a payment network would be guilty of is of course worse.
This is wrong on so many levels. How again is Ripple Labs liable if someone buys something illegal with XRP? Or with legacy currency routed through Ripple? People make fraudulent purchases with all kinds of payment systems, including credit cards. I’ve never heard of anyone from Visa or MasterCard going to jail for that. No matter what happened, Ripple Labs couldn’t be accused of aiding illegal activities for being the creators of the Ripple network no more than creators of TCP/IP or SMTP can be accused of aiding the illegal activities their technology enables everyday. Remember, Ripple Labs doesn’t own or operate the Ripple network. The vibe I get from this article and from the Bitcoin community is that Ripple isn’t to be trusted because it came out of a venture-backed company, which by their definition makes it evil. And let’s not forget that Ripple is "pre-mined", as if the only legitimate cryptocurrency is one where users mine it themselves. This sounds similar to what people said when the Macintosh brought the GUI to the mainstream—“real computer users use a command line.” So at the end of the day, this is more about philosophical and political differences, not technical superiority or ease of use. I get the appeal of Bitcoin—it’s incredibly disruptive and changed how we think about money. In fact, I gave a talk on Bitcoin last week. As a technologist and entrepreneur, I’m fascinated by it. But Ripple has the potential to take the disruption even further, at least with mainstream users and a lot sooner. Anyone on Ripple can create a gateway or a currency, like TTBits does for silver dimes (DIM), which you can do using only the Ripple client. Anyone can be a market maker in something of value. Bitcoin is an amazing technical innovation; but Ripple will likely be the way the playing field for the disenfranchised and the unbanked gets leveled sooner rather than later.
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