I think that the overall network is generating the same amount of blocks regardless of the difficulty; the difficulty is intended so that the network generates a block in a relatively constant amount of time. Therefore, this confirmation time should always be around the same. Satoshi or anyone else can […]

I’ve been working on a project inspired by a suggestion (and the offer of bounty 😉 ) over from another thread. I thought I should stop derailing that thread and start my own project thread. Basically, the idea of the project is an easy way for websites to integrate bitcoin payment. […]

I run my computers off solar-generated electricity, so I keep pretty tight tabs on how much power they consume. I have one headless Ubuntu server that is always-on, usually with the disk array spun down, as it has some central network management roles.  It’s an Intel Core2Duo E6300 @ 1.86 […]

could there be a possible copyright thing here? did a search for bitcoin on twitter and came up with these links… http://twitter.com/bitcoin which leads to http://bitcoin.com/ or are these somehow related? No, not related at all. Related posts: Re: Nenolod, the guy that wants to prove Bitcoin doesn’t work. So […]

Yeah, I’ve noticed the “10 second blocks” are gone, replaced with 419 and 741 second block generation with no more in the last 20 minutes. That should keep those server farms on hold for a while  😉 Now, correct me if I’m wrong, but now that block generation is taking […]

Anyone notice, that for Windows Clients anyway, when you connect a bunch of other clients to it manually (through the -connect option) that if you go over 8, the windows client ends up cutting out the “outside world” connections and stick with the original 8 or more internal machines thinking […]

No problem, that is why I asked about documentation before I started writing it.  I still would like to document it though and maybe we can come to some system which you would find acceptable.  One possible way is that I just run Doxygen on my own code and just […]

It adjusted to 181.54 a few minutes ago.  Typical time to get a block is about a week now. The difficulty can adjust down as well as up. The network should be generating close to 6 blocks per hour now. Related posts: Re: Proof-of-work difficulty increasing I think that the […]

I think of my machines running bitcoin as slot machines. I put in CPU time and energy costs in at a regular rate, and once in a while I get money back. If I’m to treat bitcoin as part of a business, then I need to be able to calculate […]

Wait, what? I thought reversible computation just uses less energy. Where does the non-determinism come in? Anyway, about the hashing being insecure: Wikipedia says that attacks on SHA-256 still take on the order of 2250 operations. And unless I made a big thinko here, doesn’t the hash target change every […]