What else do you use to determine who is (approximately) one person?Continue readingNode influence proportional to CPU power
Tag: bitcointalk-scraped
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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
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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
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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
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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)
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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
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On the length of bitcoin addresses
Longer addresses will definitely inhibit the adoption of bitcoin by the public and should be high on the list of things to avoid.Continue readingOn the length of bitcoin addresses