Hi Martin,
You're on the right lines. Your writeup is pretty similar to the high level
overview given here though:
https://en.bitcoin.it/wiki/Contracts#Example_2:_Escrow_and_dispute_mediation
To make 2-of-3 dispute mediation works requires implementing a wallet that
supports it, and the tools
I could look at implementing it someday, but now I'd like to receive
feedback from community.
IMO it's better to pair a protocol spec with an implementation. For one, it
can show up issues in the design you didn't think of. For another,
implementation is a lot more work than speccing out a
Alipay handled up to 2.85 million transactions per minute, and 54 percent
of its transactions are made via mobile device.
I know China is a very big place but even so - 47,500 transactions per
second would be almost quintiple what Visa handles across the entire world.
With only 300 million
I know about that wiki page. I just wanted to design protocol which
would make it easier in practice. (now it would be done manually)
I could look at implementing it someday, but now I'd like to receive
feedback from community.
2015-01-31 19:19 GMT+02:00 Mike Hearn m...@plan99.net:
Hi Martin,
My concerns come from 2 projects that could easily raise the current
transaction volume 10x daily in the short term, perhaps even 100x a year
from now after the media blows it out.
Think legal bittorrent file sales: ebooks, indie music (albums and
singles), films, art, stock photography.
Think
I agree- standards should be descriptive (here is how this thing I did
works) and NOT proscriptive (here's what I think will work, lets all try
to do it this way.).
On Sat, Jan 31, 2015 at 2:07 PM, Mike Hearn m...@plan99.net wrote:
I could look at implementing it someday, but now I'd like to
I didn't consider that, thank you for feedback! I will try to find
some time for implementing it. I'll write again then.
2015-01-31 23:50 GMT+02:00 Gavin Andresen gavinandre...@gmail.com:
I agree- standards should be descriptive (here is how this thing I did
works) and NOT proscriptive (here's
Den 31 jan 2015 23:17 skrev Brian Erdelyi brian.erde...@gmail.com:
Hello all,
The number of incidents involving malware targeting bitcoin users
continues to rise. One category of virus I find particularly nasty is when
the bitcoin address you are trying to send money to is modified before the
Den 1 feb 2015 00:05 skrev Brian Erdelyi brian.erde...@gmail.com:
See vanitygen. Yes, 8 characters can be brute forced.
Thank you for this reference. Interesting to see that there is a tool to
generate a vanity bitcoin address.
I am still researching viruses that are designed to manipulate
See vanitygen. Yes, 8 characters can be brute forced.
Thank you for this reference. Interesting to see that there is a tool to
generate a vanity bitcoin address.
I am still researching viruses that are designed to manipulate a bitcoin
address. I suspect they are primitive in that they use
Den 1 feb 2015 00:37 skrev Natanael natanae...@gmail.com:
To bruteforce 8 decimals, on average you need (10^8)/2 = 50 000 000
tries. log(50M)/log(2) = 25.6 bits of entropy.
Oops. Used the wrong number in the entropy calculation. Add one bit, the
division by 2 wasn't supposed to be used in the
Hello all,
The number of incidents involving malware targeting bitcoin users continues to
rise. One category of virus I find particularly nasty is when the bitcoin
address you are trying to send money to is modified before the transaction is
signed and recorded in the block chain. This
On Fri, 30 Jan 2015, Nick Simpson wrote:
This has been discussed before. I believe most people don't expect Bitcoin to
replace all of the various methods of payment. Scalability is
always a concern, just not to the level of Alipay this year (or the next or
the next for that matter.)
Yes,
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