This seems to be drifting off into alt-coin discussion. The idea that we
can change the rules and steal coins at a later date because they are
"stale" or someone is "hoarding" is antithetical to one of the points of
bitcoin in that you can no longer control your own money ("be your own
bank") beca
s moving every once in a long while you ensure they won't do
>> stupid things or come back 50 years from now and complain their addresses
>> have been scavenged.
>>
>> --
>> Thomas
>>
>>
>> On 22/08/17 10:29 AM, Erik Aronesty via bitcoin-dev
Hi,
1. If there are 16.4 million mined and 4 million are lost, that results in
12.4 million in circulation vs 14.4 million.
2. Satoshi addressed this as have numerous other people (
https://bitcointalk.org/index.php?topic=198.msg1647#msg1647 ) - lost coins
decrease supply, increasing value of the r
Regarding "problem" #2 where you say "How do we ensure that all valid
transactions are eventually included in the blockchain?": I do not believe
that all people would (a) agree this is a problem or (b) that we do want to
*ENSURE* that *ALL* valid transactions are eventually included in the
blockch
The second like "2)" has a link to the paper:
http://www.math.rwth-aachen.de/~Timo.Hanke/AsicBoostWhitepaperrev5.pdf
which does discuss the fact that it is "patent-pending". Likewise it
discusses ASIC improvements. Avoiding patents that impact bitcoin and are
not freely licensed, is something t
Have you checked AudioModem out:
https://github.com/applidium/AudioModem
Or Chirp:
http://www.chirp.io/faq/
Or this Network World article (particularly the last portion on bitcoin):
http://www.networkworld.com/article/2956450/smartphones/sending-data-over-sound-revisited.html
and
http://www.netwo
I agree that finding the right line is difficult and purposefully crippling
(too strong a term?) the software is not necessarily the best way to
encourage long term adoption.
For example, I ran version 0.3.x from July/August 2010 for several years on
a miner without upgrading to anything higher th
Hello,
Just a few comments.
>But there is no guarantee that ndes should keep all of them from the
genesis. It depends. Maybe some nodes want to keep all the transactions,
some part of them and might nothing.
There is no guarantee that nodes keep them all from the genesis now, nodes
can turn on p
>> we should not let the wealthy make consensus decisions.
>We shouldn't let the wealthy continue to control our governments. However,
bitcoin is not a government. Its a financial network.
>The fact of the matter is that fundamentally, the economic majority
controls where the chain goes. Its very
