Re: Potential disaster scenario

This is a good point.  I don’t think I underestimated people’s ability to generate bitcoins efficiently and legitimately – the difficulty adjustment does a good job of compensating for that, and that makes it a non-issue in my scenario.  But I probably underestimated the effect of minters using other people’s […]

Read more

Re: Not a suggestion

[…] Yes, I am talking about the hypothetical system. The way I proposed the system, each time a block gets generated every validating node must accept or reject that block by validating the transactions and confirming the hashes in the block. In effect, the same work that is being done […]

Read more

Version 0.3.9 rc1, please test

Here’s a test build if you’d like to help test before 0.3.9 is released. (or if you’d rather get upgrading out of the way now instead of waiting) Downloads:  (binaries only) http://www.bitcoin.org/download/bitcoin-0.3.9.rc1-win32.zip (http://www.bitcoin.org/download/bitcoin-0.3.9.rc1-linux.tar.gz) SHA1 a36ea00cce27b4b083755df73a3d1e5e5729884e bitcoin-0.3.9.rc1-win32.zip SHA1 bbb333b0ea57302740ad1bb9948520d00f884f9d bitcoin-0.3.9.rc1-linux.tar.gz Edit: Linux please test rc2 instead.  This adds a -4way switch […]

Read more
1 17 18 19 20 21 58