The larger the hash160 is, the more base58 characters required to represent its address.Continue readingHow many bitcoin addresses exist?
Tag: Bitcoin
What else do you use to determine who is (approximately) one person?Continue readingNode influence proportional to CPU power
Categories
Latency and locality
With a global p2p network, it is necessary to have all nodes receive the transaction, do some calculations and send results back.Continue readingLatency and locality
Categories
Satoshi’s node-to-power ratio
The utility of the exchanges made possible by Bitcoin will far exceed the cost of electricity used.Continue readingSatoshi’s node-to-power ratio
Categories
Transactions – Trust No One
If knight’s “trust everyone collectively” meant, “trust in the process” I find that insightful and a good motto.Continue readingTransactions – Trust No One
Categories
Bitcoin minting and botnets
If people believe that bitcoin is simply a way for botnet herders to convert spare cpu cycles into cash, they are unlikely to participate.Continue readingBitcoin minting and botnets
But I do think that is is really important to point out that all that CPU power and electricity usage is absolutely NOT required for the task at hand.Continue readingBitcoin minting: a critique of preceptions
I believe that the amount of energy input required to the bitcoin economy represents a serious obstacle to its growth.Continue readingBitcoin minting is thermodynamically perverse
Tested with Python 2.6, pbkdf2_rmd v0.1 (Python module), pywallet V1.1Continue readingPbwhatkey — deterministic private key generator (PBKDF2 & pywallet.py based)
Categories
DragonFly BSD patches for bitcoind
I have a small series of patches that allow bitcoind to build on DragonFly BSD; what would be an acceptable way to submit these patches upstream?Continue readingDragonFly BSD patches for bitcoind