As you figured out, the root problem is we shouldn’t be counting or spending transactions until they have at least 1 confirmation.  0/unconfirmed transactions are very much second class citizens.  At most, they are advice that something has been received, but counting them as balance or spending them is premature. […]

Nothing I send gets confirmed now. Here’s how I did it: I was sending out payments under .01 in size and not paying a transaction fee, which of course were never confirmed. Here’s a guess as to why it broke my wallet: Because the change leftover was also then never […]

Summary: Giving BitCoin a decentralized escrow would give it an advantage over all other exchange mediums, which might increase its adoption rate.  Details follow. For a decentralized currency, centralized escrows seem to be the norm for BitCoin today.  An example: Alice wants to buy $5 USD worth of BitCoins from […]

Quote from: satoshi on September 23, 2010, 16:19:08 In the next release (0.3.13), I’m going to change the format of the internal version number integer from 313 to 31300, for instance 31305 = 0.3.13.5. The last number represents changes on the SVN between releases and ought to be properly represented […]

Hey, So there is another thread asking about bc and decimal places. It is stated that the client(s) only show 2 decimal places, but there are 8 in total. Now, working on stuff, I find that it would be nice if I could transfer at least 4 decimals precision, but […]

I hate to say this, but I think davidonpda  is completely correct.  This is the one business that does seem to take technology seriously and is an early adopter for new ideas and concepts. Take this as a business idea if you want, but charging 0.01 BTC per image download, […]

Agreed. There is no need to set the system time. We only need to use correct time in the program. I don’t understand, are you under the impression that the program sets the system clock?  It doesn’t. Quote from: Cdecker on September 19, 2010, 20:14:08 We already have ways to […]

In the next release (0.3.13), I’m going to change the format of the internal version number integer from 313 to 31300, for instance 31305 = 0.3.13.5.  The last number represents changes on the SVN between releases and ought to be properly represented in the version number.  Otherwise, it would be […]

Quote from: satoshi on September 08, 2010, 17:30:14 The current threshold is 200KB per block, or about 1000 transactions per block. I think it should be lowered to 50KB per block. That would still be more than 100 times the average transactions per block. I implemented this change in SVN […]

[…] A smartphone bitcoin client with options for encrypted messaging would make for a great alternative text/sms system compared to the high fees charged by most wireless carriers for text messaging.  Now, of course, I know of free text messaging apps, but they tend to contain ads.  But with bitcoin, […]