gibybo

29 ms·

241.
by gibybo 13y ago
Out of curiosity, why does this skew towards a young demographic? Wouldn't it be anyone working during the day? Say, ages 22-55?
242.
by gibybo 13y ago
Yes, nothing to do with prime numbers. SHA-2 uses some constants. A lot of cryptography needs constants for various reasons. There is always some concern that the creator chose specific constants that weaken or give them a backdoor to the c
243.
by gibybo 13y ago
I already have the Bitcoin in Coinbase though, I don't have to wait for anything. It's true that the wire transfer will take time, but the value of the dollar isn't going to change much in that time. If my only risk is the Bi
244.
by gibybo 13y ago
So, assume I already have Bitcoins on Coinbase and have a verified account to sell them easily. Theoretically, my plan for free money would look like this: - Say I have 11 BTC on Coinbase. Wire $10k to OKPAY ($25 bank fee, 0% OKPAY commissi
245.
by gibybo 13y ago
Bitcoin mining generates 160 quadrillion bytes (160 Petabytes) of misses per second. The limit would be the amount of data that you could reasonably store and analyze, and we were at that limit long before Bitcoin came around. (Although you
246.
by gibybo 13y ago
SHA has nothing to do with prime numbers. Bitcoin also has nothing to do with prime numbers. Further, prime numbers are only useful in a very specific case of cryptography, nowhere near 'all encryption'.
247.
by gibybo 13y ago
>even the next generation of ASIC mining hardware (which will continue the exponential growth of worldwide hashing power) would require hundred or thousands of years (I don't know the specifics and can't be bothered to find the
248.
by gibybo 13y ago
Ah yes, I forgot about checkpointing. The reference client has certain blocks hardcoded in it to signal the official chain. Only transactions in blocks made after the latest checkpoint can be overridden in a way that the reference client wo
249.
by gibybo 13y ago
The computational power to attack the network grows significantly faster than the price of Bitcoin (and this is pretty much guaranteed to continue, by design). Attacking Satoshi's coins would be among the hardest, because you would hav
250.
by gibybo 13y ago
Mining is not just for distribution of tokens. I would argue the more important use is for maintaining the proof-of-work blockchain. There have been some experimental attempts at maintaining a distributed ledger using a proof-of-stake/
251.
by gibybo 13y ago
I draw the line between things that are intended to be private, and things that are intended to be publicly available. If HBO intended to only share Game of Thrones with their friends and not the public, then it's their right to encryp
252.
by gibybo 13y ago
It's probably not worth your time. They might generate a penny or two worth per day. This assumes you're not paying for electricity. If you are paying for it, you will just lose money.
253.
by gibybo 13y ago
Unless you are in the business of chip design/manufacturing, it is too late to get into Bitcoin mining. However, due to a rapid price increase in Litecoin, it's actually pretty profitable to mine them with an ATI GPU at the moment
254.
by gibybo 13y ago
How is this true? Everywhere you can buy Bitcoins will let you sell them with roughly the same effort involved (except MtGox perhaps).
255.
by gibybo 13y ago
>Which means that it behooves DTV to find something else to do with the slot. E.g. Internet. Internet access is not very well suited to geosynchronous satellite orbits due to the high latency and limited bandwidth available.
256.
by gibybo 13y ago
What would Google do with them?
257.
by gibybo 13y ago
I've been wondering what Direct TV will do with its satellites in 10-20 years when it doesn't make sense to use them for TV anymore. I haven't been able to imagine any significant uses, have you? There's weather services
258.
by gibybo 13y ago
It is possible, yes, but it very rarely happens with publicly traded companies. It certainly happens much less than the phrase is used.
259.
by gibybo 13y ago
Since I too enjoy nitpicking articles about nitpicking... "Investors are fleeing the market." Every stock is owned by someone all the time. Sure, but the number of people that own stocks can decrease or increase. I don't ha
260.
by gibybo 13y ago
Block 24400 ( http://blockchain.info/block-height/24400 ) was created on October 5th, 2009. It created the 1,220,000th Bitcoin. So not only would you have a hard time finding people to sell you Bitcoin, there wouldn&#x27
261.
by gibybo 13y ago
Hm I had read previously that they only had one order book for all currencies, but now that doesn't seem accurate (or reasonable). Guess that's what I get for believing it without looking into it myself :/
262.
by gibybo 13y ago
EDIT: It seems I've got the details wrong, please excuse this comment. I'm just leaving my original text intact so the replies make sense. The MtGox USD price is not real. At least not for the purposes of arbitrage. Although it sa
263.
by gibybo 13y ago
M2 is probably not the right number to use. Bitcoin will have an M2 far greater than 21 million. It's the M0 of Bitcoin that is fixed to 21 million. But the world money supply is also much higher than just the US money supply.
264.
by gibybo 13y ago
Candy crush does this, and circumventing it was one of the points of the article. It is hashed with a secret key from the flash client. He just extracted the key from the client and started signing the requests himself.
265.
by gibybo 13y ago
I don't think you read my statement very carefully. The password has 595 bits of entropy, not 100.
266.
by gibybo 13y ago
100 randomly generated characters (a-z, A-Z, 0-9) would be 595 bits of entropy. You will not be brute forcing it. Although 100 characters is pretty excessive, since a Bitcoin address only has 160 bits of entropy.
267.
by gibybo 13y ago
The obvious improvements have been done a long time ago (there are tens of millions of dollars to be gained here), and the current state of the art continues to spend tremendous effort pushing out every incremental gain they can. Most of th
268.
by gibybo 13y ago
The time it is affected by wind might still be enough to qualify its projected landing location as 'not exact'. Maybe they have a 200 mile radius projection or something. I could also imagine its non-spherical shape might present
269.
by gibybo 13y ago
I'm guessing they don't know exactly how the wind currents are going to change over the course of it's flight.
270.
by gibybo 13y ago
Anyone know what units the altitude and speed are in? I'm guessing km and km/s but I can't be sure.

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