[Bitcoin-development] BIP draft - Auxiliary Header Format

2014-11-08 Thread Tier Nolan
I created a draft BIP detailing a way to add auxiliary headers to Bitcoin in a bandwidth efficient way. The overhead per auxiliary header is only around 104 bytes per header. This is much smaller than would be required by embedding the hash of the header in the coinbase of the block. It is a sof

Re: [Bitcoin-development] Running a full node

2014-11-08 Thread Jameson Lopp
-BEGIN PGP SIGNED MESSAGE- Hash: SHA1 I host charts of my node's system metrics at http://statoshi.info/#/dashboard/db/system-metrics Note that the CPU spikes are abnormal as I'm making automated RPC calls to query the UTXO set. My node's bandwidth usage chart can be found at http://s

Re: [Bitcoin-development] Update on mobile 2-factor wallets

2014-11-08 Thread Mike Hearn
> > I am familiar with the Princeton threshold signature but I was under the > impression a single key needed to be generated on a single device then > split and distributed. > > Does this scheme work the same way? > No, it doesn't. Neither device ever sees as master private key. --

Re: [Bitcoin-development] Update on mobile 2-factor wallets

2014-11-08 Thread Chris Pacia
Thanks Mike I'll have to read that threshold signature paper. I am familiar with the Princeton threshold signature but I was under the impression a single key needed to be generated on a single device then split and distributed. Does this scheme work the same way? I would have concerns about gen

Re: [Bitcoin-development] Running a full node

2014-11-08 Thread Melvin Carvalho
On 8 November 2014 16:28, Daniel F wrote: > > But I'd like to know what storage, RAM and bandwidth resources are > > needed. I guess that the problem is not the CPU. > > Hi Francis, > > Here are some rough guidelines for you, based on the statistics from my > node: > > disk usage: about 30GB cur

Re: [Bitcoin-development] Update on mobile 2-factor wallets

2014-11-08 Thread Mike Hearn
Yes. I think one of the next things we need is a library that produces nice and attractive PDFs of "wallet certificates" so it's easy to print out a paper backup. But the whole field of secure key escrow needs more research. Banking gives people the very nice property that you can lose literally e

Re: [Bitcoin-development] Update on mobile 2-factor wallets

2014-11-08 Thread Jeff Garzik
Overall, super duper awesome. :) Tweeted this post. I do have a concern about 2-of-2 arrangements. To me, this screams "twice as fragile" if not done properly; and I've seen a few naive implementations in the field that seemed quite fragile. 2FA/2-of-2 does solve the common problem of single d

[Bitcoin-development] Update on mobile 2-factor wallets

2014-11-08 Thread Mike Hearn
Here is a summary of current developments in the space of decentralised 2-factor Bitcoin wallets. I figured some people here might find it interesting. There has been very nice progress in the last month or two. Decentralised 2FA wallets run on a desktop/laptop and have a (currently always Android

Re: [Bitcoin-development] Running a full node

2014-11-08 Thread Daniel F
> But I'd like to know what storage, RAM and bandwidth resources are > needed. I guess that the problem is not the CPU. Hi Francis, Here are some rough guidelines for you, based on the statistics from my node: disk usage: about 30GB currently for the blockchain data. It'll only keep growing fro