BTC Titan - Ultra fast Bitcoins mining software

"What happens if the powerful miners decide to increase the 21 million limit?"

This used to be a common question in the old days of bitcoin, when people who understood the dangers of centralized inflation tried to understand Bitcoin.
The answer was always: "well, the miners could do that but Bitcoin would lose all value to a competing currency which was not inflationary, since nobody wants inflation in their own wallet".
Regarding this horrendous idea of a centralized entity with no accountability pocketing 12% of the mining reward, I see lots of comments arguing it doesn't matter what we think, the miners have decided what is good for us. "It doesnt matter what you think, you are not a miner","Get hash power or stfu" etc.
This is so wrong.
It is us the users and the great community of BCH which give it value, not the miners. We have the ultimate power. And the great power of BCH community is the moral high ground based on freedom and the belief in a better world, free from centralized money creation fueling corruption and power abuse.
What's to stop this cartel from changing the 21M limit, the mining reward etc when they have grabbed enough power of the community? Sure, these might be trusted people now but what about in ten years when the 12% are worth the average of a average country BNP?
Power corrupts, absolute power corrupts absolutely.
No I am not a miner and will probably never be. But I can vote with my feet and sell my BCH. As a matter of fact, many other cryptos already has a much more transparent and decentralized way of funding development. Why should I go for a lousy version of Dash? What happened to those of you who always bash Dash, where are you now?
If developers need money, ask for donations. It works for Monero and it works here. You can develop BCH all the way to perfection but I won't care if it's on the road to becoming The Fed 2.0. Bitcoin must follow the Whitepaper or I'm out.
EDIT: I'm not opposed to the idea of using block reward to fund development. I just believe we have to be very careful as to the execution. It needs to be transparent and absolutely aligned with the incentives of decentralized peer to peer cash.
submitted by SwedishSalsa to btc [link] [comments]

M-N 1k-5k

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submitted by j259awesome to u/j259awesome [link] [comments]

Spock & CoinEx AMA Recap

Spock & CoinEx AMA Recap

https://preview.redd.it/1lagrcjnc9o31.png?width=1074&format=png&auto=webp&s=3136db9ca685dc17477d307df722e5b73ba80030
Spock Network is a decentralized storage platform. In the early stage, Spock Network mainly stores Proof of Capacity (POC) consensus data to effectively utilize the most suitable decentralization technology to encourage miners providing hard disk space. Recently, Spock has been growing rapidly and getting listed on four famous exchanges including CoinEx. On Sept. 19, CoinEx will launch Accelerator for Spock, allowing users to subscribe SPOK with 0.0075 USD. Besides, in order to help our users to dig more about Spock, we have invited the open source code contributor of Spock, Titian Xie, to throw an AMA among our community. Below is the recap of the AMA and enjoy your reading!

Q1: How will Spock solve the existing problems in blockchain?
A: Spock is a decentralized storage application network. Judged from the current development of blockchain technology, PoC is the only choice for a decentralized incentive mechanism in a distributed network composed of a large amount of hard disk space and bandwidth. On one hand, this solves the problem of excessive power consumption in the current mining industry, and on the other hand, it solves the problem of fair competition among a large number of existing hard-disk mining machines. At the same time, on that basis, Spock also supports Solidity smart contracts, which makes the entire ecosystem more prosperous.
Q2: Could you please say something about the team?
A: The core members of our team are all early users on Bitcointalk forum and developers of Burst. They are very familiar with the technology development trend and the details of the bottom of the blockchain technology. Even I with such a R&D background could only throw myself down at their feet in admiration. Their ideals are also very pure, that is, to make Spock a community coin like Bitcoin and Litecoin.
Q3: Community building has just started. What will you do to build the social media that remain active and continuously focus on Spock?
A: Spock is a decentralized application platform. The community also relies on spontaneous word of mouth. Since Spock was put on the test net and later on the main net, many miners and holders have spontaneously joined in to become owners, and maintained and promoted the community. The upcoming Solidity smart contracts can be carried out by polling among the holders, and members of the community will vote through the smart contract to determine the project function expansion and community governance.
Q4: Spock is a decentralized storage application platform, so what advantages does it have compared with the traditional centralized storage platform?
A: Traditional centralized storage platforms generally adopt cloud storage. Most of the data is stored on a few cloud platforms, which leads to serious centralization problems arising from data accumulation. There are also problems including higher cost, slower transfer rate, and poorer data security. The decentralized storage application platform encrypts and distributes data through a distributed network, meaning that no party, other than the data holder, could get access to the data, thus ensuring security. And one of the key issues is that the open decentralized platform can do better in protecting private data. As with the case of the assets of the digital assets of Huobi, the private key represents the ownership of the assets, and, on the decentralized storage platform, it can represent the disposition and access rights of the data.
Q5: Spock adopts the consensus mechanism of PoC. What advantages and disadvantages does PoC have compared with PoW and PoS?
A: In terms of resource usage, PoC is just between PoW and PoS, unlike PoW which consumes a lot of power, or PoS that almost costs nothing. Besides, since the core mechanism of PoC is similar to storing the “hashrate” of PoW on the hard disk, it also makes it possible for the mining equipment to mine in different projects at the same time, provided that several different projects use the same data structure.
Q6: We noticed that Spock also introduced the PoS mechanism on the basis of PoC. What is the consideration?
A: With the POS mechanism added in SPOCK, when a miner package a block, if its address balance satisfies the condition, he or she get get all the proceeds; otherwise, the proceeds will be reduced, and those that fail to meet the conditions will be destroyed. So in my opinion, developers introduce POS mechanisms to create a more equitable and sustainable ecosystem.
Q7: What will the team do to attract more developers to join the Spock ecosystem?
A: Spock is the first public link that supports the Solidity Smart Contract and has been put on the main net. It allows developers to port the DApp on the Ethernet to the network at a very low cost, while developers can design the mining and pledge mechanisms for the tokens of PoC distributed on this network.
Q8: What is the form of Spock mining? What are the conditions for miner application?
A: In SPOCK, mining is carried out through the storage device. First, you write the result of the hash calculation to the device, and reduce the huge hash calculation required in PoW algorithm by retrieving the data in the hard disk. Only a small amount of hash calculation will be required in execution stage. You can mine as long as you have storage equipment and meet the hashrate conditions. Ordinary miners just need an ordinary computer with a hard disk and access to the internet, then they need to go through hard drive mapping, download the wallet, install nodes and so on before mining.
Q9: I am a Windows phone user. How do I download a SPOK wallet?
A: At present there is only the Android version. Versions of other platforms are subject to the official arrangement.
Q10: Miners don’t know how much hashrate they have or how much they could pledge.
A: Check http://www.spockpool.com. There is a calculator to check the amount of pledges required for the time being.
Q11: Does the mining cost anything or a certain amount of SPOK tokens?
A: Now we have a market for cooperative mining. Miners can borrow tokens from owners for mortgage.
Q12: Is there a detailed tutorial for mining?
A:https://www.spockchain.org/download/SpockChain%20Mining%20Tutorial%20V1.3.2.pdf
Q13: What are the advantages compared with Lambda or such? The larger the hard disk, the higher the hashrate?
A: My suggestion is to experience the mining process on both official sites so you may understand the differences between them.
Q14: Can we use the Raspberry Pi to mine at home?
A: Yes, theoretically. Yet the weak computing power of Raspberry Pi itself may affect efficiency in hard drive mapping.

This is the end of the sharing. See you next time!
If you have any suggestions, please submit a Ticket here: https://support.coinex.com/hc/en-us/requests/new
submitted by CoinExcom to Coinex [link] [comments]

Peter Todd's RBF (Replace-By-Fee) goes against one of the foundational principles of Bitcoin: IRREVOCABLE CASH TRANSACTIONS. RBF is the most radical, controversial change ever proposed to Bitcoin - and it is being forced on the community with no consensus, no debate and no testing. Why?

Many people are starting to raise serious questions and issues regarding Peter Todd's "Opt-In Full RBF", as summarized below:
(1) RBF violates one of the fundamental principles of the Bitcoin protocol: irrevocable cash transactions.
Interesting point!
Th[is] really is [a] drastically different vision of what Bitcoin according to the core dev team...
It would be nice [if] they [wrote their] own "white paper" so we know where they are going...
Ant-n
https://www.reddit.com/btc/comments/3ujj1s/serious_gametheory_question_if_youre_a_miner_and/cxflx55
"From a usability / communications perspective, RBF is all wrong. When the main function of your technology is to PREVENT DOUBLE SPENDING, you don't add an "opt-in" feature which ENCOURAGES DOUBLE SPENDING."
BeYourOwnBank
https://www.reddit.com/bitcoinxt/comments/3uixix/from_a_usability_communications_perspective_rbf/
(2) Who even requested RBF in the first place? What urgent existing "problem" is RBF intended to solve? If you claim to be a supporter of RBF, would you be willing to go on the record and comment here on how it would personally benefit you?
Still waiting for an answer to the fundamental question: where is the demand for this "feature" coming from?
tsontar
https://www.reddit.com/btc/comments/3ujc4m/consensus_jgarzik_rbf_would_be_antisocial_on_the/
Lots of back and forth bit no answer to the fundamental question: where is the demand for this "feature" coming from?
tsontar
https://www.reddit.com/bitcoinxt/comments/3uii16/on_black_friday_with_9000_transactions_backlogged/cxfjxp7
Intentionally doing zero-conf for any reason other than expediting a payment to the same recipients is nothing more than attempted fraud. There needs to be a good reason for enabling this, and last time I looked the case has not been made.
People with a black and white view of the world who believe "0 conf bad, 1 conf good" simply do not understand how bitcoin works. By its random nature, bitcoin never makes final commitment to a transaction. Even with six confirmations there is still a chance the transaction will be reversed. In other words, bitcoin finality is not black and white. Instead, there is a probability distribution of confidence that a transaction will not be reversed. Software changes that make it easier to defraud people who have been reasonably accepting 0 conf transactions are of highly questionable value, as they reduce the performance (by increasing delay for a given confidence).
If transactions with appropriate fees start failing to ever confirm because of "block size" issues, then bitcoin is simply broken and, if it can not be fixed bitcoin will end up as dead as a doornail.
tl121
https://www.reddit.com/bitcoinxt/comments/3uii16/on_black_friday_with_9000_transactions_backlogged/cxf9udt
Transactions spending the same utxo were (until now) not relayed (except by XT nodes). So it wasn't as simple as just sending a double spend, because the transaction wouldn't propagate. FSS-RBF seemed like a good option to get your tx unstuck if you paid too little. Pure RBF I'm not sure what the point of it is. What problem is it solving?
peoplma
https://www.reddit.com/bitcoinxt/comments/3uii16/on_black_friday_with_9000_transactions_backlogged/cxfdb37
When F2Pool implemented RBF at the behest of Peter Todd they were forced to retract the changes within 24 hours due to the outrage in the community over the proposed changes.
So the opposite is actually true. The community actively do not want this change. Has there been any discussion whatsoever about this major change to the protocol?
yeeha4
https://www.reddit.com/btc/comments/3uighb/on_black_friday_with_9000_transactions_backlogged/cxfbvvn
yeehaw4: "When F2Pool implemented RBF at the behest of Peter Todd they were forced to retract the changes within 24 hours due to the outrage in the community over the proposed changes." / pizzaface18: "Peter ... tried to push a change that will cripple some use cases of Bitcoin."
BeYourOwnBank
https://www.reddit.com/btc/comments/3ujm35/uyeehaw4_when_f2pool_implemented_rbf_at_the/
(3) RBF breaks zero-conf. Satoshi supported zero-conf. Were any actual merchants who have figured out pragmatic business approaches using zero-conf even consulted on this radical, controversial change?
My business accepts bitcoin and helps people with minor cash transfers and purchases. Fraud has NEVER been an issue as long as the transactions have been broadcast on the blockchain with appropriate fees. We usually send people their cash as soon as the transaction is broadcast.
Now we have to wait 10 minutes to avoid getting cheated out of hundreds of dollars, vastly increasing the service cost of accepting bitcoin. And we have to tell customers we promote bitcoin to that they are likely to be cheated if they don't wait 10 minutes while buying their bitcoin. It is such a spectacularly stupid thing to do, adding uncertainty and greater potential for fraud at every link of the transaction chain. Thanks a lot, Peter.
trevelyan22
https://www.reddit.com/btc/comments/3ujc4m/consensus_jgarzik_rbf_would_be_antisocial_on_the/cxfjn78
Jeez, we need to give this "zero-conf was never safe" meme a rest already. Cash was also "never safe", but it's widely used because it works reasonably well in the context it's used. These people would probably advocate for a cashless society as well.
imaginary_username
https://www.reddit.com/bitcoinxt/comments/3ujq69/uriplin_on_rbitcoin_inadvertently_reveals_the/cxfisut
I believe it'll be possible for a payment processing company to provide as a service the rapid distribution of transactions with good-enough checking in something like 10 seconds or less.
The network nodes only accept the first version of a transaction they receive to incorporate into the block they're trying to generate. When you broadcast a transaction, if someone else broadcasts a double-spend at the same time, it's a race to propagate to the most nodes first. If one has a slight head start, it'll geometrically spread through the network faster and get most of the nodes.
A rough back-of-the-envelope example:
1 0
4 1
16 4
64 16
80% 20%
So if a double-spend has to wait even a second, it has a huge disadvantage.
The payment processor has connections with many nodes. When it gets a transaction, it blasts it out, and at the same time monitors the network for double-spends. If it receives a double-spend on any of its many listening nodes, then it alerts that the transaction is bad. A double-spent transaction wouldn't get very far without one of the listeners hearing it. The double-spender would have to wait until the listening phase is over, but by then, the payment processor's broadcast has reached most nodes, or is so far ahead in propagating that the double-spender has no hope of grabbing a significant percentage of the remaining nodes.
— satoshi
https://bitcointalk.org/index.php?topic=423.msg3819#msg3819
"RBF is agaisnt Satoshi's Vision. Peter Todd and others attacking Satoshi's vision again, while Gavin Andresen upholds his original vision steadfastly."
Plive
https://www.reddit.com/btc/comments/3ukc52/rbf_is_agaisnt_satoshis_vision_peter_todd_and/
Zero conf was always dangerous, true, but the attacker is rolling a dice with a double spend. And it is detectable because you have to put your double spend transaction on the network within the transaction propagation time (which is measured in seconds). That means in the shop, while the attacker is buying the newspaper, the merchant can get an alert from their payment processor saying "this transaction has a double spend attempt". Wrestling them to the ground is an option. Stealing has to be done in person... No different then from just shop lifting. The attacker takes their chance that the stealing transaction won't be the one that is mined.
With rbf, the attacker has up to the next block time to decide to release their double spend transaction. That means the attacker can be out of the shop and ten minutes away by car before the merchant gets the double spend warning from their payment processor. Stealing is not in person and success is guaranteed by the network.
Conclusion: every merchant and every payment processor will simply refuse to accept any rbf opt in transaction. That opt in might as well be a flag that says "enable stealing from you with this transaction"... Erm no thanks.
There might be a small window while wallet software is updated, but after that this " feature " will go dark. Nobody is going to accept a cheque signed "mickey mouse", and nobody is going to accept a transaction marked rbf.
Strangely, that means all this fuss about it getting merged is moot. It will inevitably not be used.
kingofthejaffacakes
https://www.reddit.com/bitcoinxt/comments/3ujq69/uriplin_on_rbitcoin_inadvertently_reveals_the/cxfkkr3
(4) What new problems could RBF create?
This opens up a new kind of vandalism that will ensure that no wallets use this feature.
The way it works is that if you make a transaction, and then double spend the transaction with a higher fee, the one with the higher fee will take priority.
DeftNerd
https://www.reddit.com/btc/comments/3ujc4m/consensus_jgarzik_rbf_would_be_antisocial_on_the/cxfhd0m
RBF as released is a really, really stupid policy change that will open up Bitcoin to blackmail and wholesale theft of transactions.
Bitcoin XT can easily be better than the confused, agenda-ridden rubbish being released by Blockstream and their fellow-travellers.
laisee
https://www.reddit.com/bitcoinxt/comments/3uii16/on_black_friday_with_9000_transactions_backlogged/cxfkeah
This is truly unprecedented. There is MAJOR MONEY and MAJOR FORCES trying to destroy Bitcoin right now. We are witnessing history here. This might completely destroy the Bitcoin experiment
scotty321
https://www.reddit.com/bitcoinxt/comments/3uii16/on_black_friday_with_9000_transactions_backlogged/cxf53xn
I [too am] curious as to why Todd has been pushing that hard for RBF. People can double-spend if they really want to already, without any help from BS implementation.
thaolx
https://www.reddit.com/bitcoinxt/comments/3uii16/on_black_friday_with_9000_transactions_backlogged/cxf4t8l
(5) RBF apologists such as eragmus have been trying to placate objections by repeatedly emphasizing that this version of RBF is ok, saying that this is only "Opt-In (Full) RBF". But does the "opt-in" nature of this particular implementation of RBF really mitigate its potential problems?
"opt-in" is a bit of a red-herring.
As I understand: say I'm a vendor who doesn't want to accept RBF transactions. So I don't opt-in. I'm still stuck accepting RBF transactions because the sender, not the receiver, has the control.
tsontar
https://www.reddit.com/btc/comments/3ujc4m/consensus_jgarzik_rbf_would_be_antisocial_on_the/cxflg13
bitcoin is a push system.
how do I opt-out of a transaction generated and confirmed entirely outside my control?
tsontar
https://www.reddit.com/btc/comments/3ujj1s/serious_gametheory_question_if_youre_a_miner_and/cxflhki
You are right you cannot opt-out.. You will have to wait ten minutes if you have recived a RBF Tx..
The user experience doesn't seem to be a priority for the core dev team...
Ant-n
https://www.reddit.com/btc/comments/3ujj1s/serious_gametheory_question_if_youre_a_miner_and/cxfls9o
It's opt-in in theory, but that means everyone in the community who writes software which deals with transactions now has to develop code to deal with the ramifications.
discoltk
https://www.reddit.com/btc/comments/3uighb/on_black_friday_with_9000_transactions_backlogged/cxfec1o
Yes it is opt-in, which means I have to anticipate ... congestion beforehand to use it. This has caused me troubles recently. Normally I use low-fee mode to transact and switch mode when the network is congested. A few times either I did not know about the congestion or forgot to switch mode and my txn got stuck for 12-48h. So for me this opt-in does nothing of help. If I was conscious about the congestion I would have switch to high-fee mode, no RBF needed.
...Or I have to enabled RBF for all my txns. Then there's problem of receivers have to all upgrade their wallet after the wallet devs choose to implement it. And just to add one more major complication when consider 0-conf.
thaolx
https://www.reddit.com/btc/comments/3uighb/on_black_friday_with_9000_transactions_backlogged/cxfbbn6
What is the point of opt in rbf if it's not a good way to pay lower miner fees? According to nullc, if you guess too low then you end up paying for two transactions
specialenmity
https://www.reddit.com/bitcoinxt/comments/3ujq69/uriplin_on_rbitcoin_inadvertently_reveals_the/cxfoi99
(6) Who would benefit from RBF?
"Hopefully this will give Bitcoin payment processors a financial incentive to support Lightning Network development."
https://www.reddit.com/bitcoinxt/comments/3ujq69/uriplin_on_rbitcoin_inadvertently_reveals_the/
It seems to me like RBF is addressing a problem (delays due to too-low fees) which would not exist if we had larger blocks. It seems fishy to make this and lightning networks to solve the problem when there's a much simpler solution in plain view.
We should set the bar for deceit and mischief unusually high on this one bc there is so much at stake, an entire banking empire.
ganesha1024
https://www.reddit.com/btc/comments/3uighb/on_black_friday_with_9000_transactions_backlogged/cxfde8f
RBF seems at best to be a duct-tape solution to a problem caused by not raising the block size. in the process it kills zero conf (more or less).
rglfnt
https://www.reddit.com/btc/comments/3ujm35/uyeehaw4_when_f2pool_implemented_rbf_at_the/cxfkqoh
PT [Peter Todd] is part of a group of devs who propose to create artificial scarcity in order to drive up transaction fees.
IOW [In other words], he's a glorified central planner.
A free market moves around such engineered scarcity. See also: the music business.
tl;dr stop running core.
tsontar
https://www.reddit.com/btc/comments/3ujm35/uyeehaw4_when_f2pool_implemented_rbf_at_the/cxfljrk
This maybe a needed feature if Bitcoin get stuck with 1MB..
You might need to jack-up the fee several time to get your fees in a blocks in the future..
It seems that 1MB crrippecoin is really part of their vision.
Ant-n
https://www.reddit.com/btc/comments/3ujj1s/serious_gametheory_question_if_youre_a_miner_and/cxfluyt
RBF makes sense in a world where blocks are small and always full.
It creates a volatile transaction pricing market where bidders try to outbid each other for the limited space in the current block of txns.
It serves the dual goals of limiting transactions and maximizing miner revenue resulting from the artificial scarcity being imposed by the block size limit.
The unfortunate side effect is that day to day P2P transactions on the Bitcoin network will become relatively expensive and will be forced onto another layer, or coin.
tsontar
https://www.reddit.com/bitcoinxt/comments/3uixix/from_a_usability_communications_perspective_rbf/cxfksk7
RBF offers nothing in a world where there is always a little extra space in the block for the next transaction. It only makes sense in a world where blocks are full.
tsontar
https://www.reddit.com/bitcoinxt/comments/3uixix/from_a_usability_communications_perspective_rbf/cxflcn1
Unless your goal is to harm bitcoin.
Anen-o-me
https://www.reddit.com/bitcoinxt/comments/3uixix/from_a_usability_communications_perspective_rbf/cxflljw
(7) RBF violates two common-sense principles:
- "KISS" (Keep It Simple Stupid);
- "If it ain't broke, don't fix it"
To say it a bit harsher but IMO warranted: P. Todd seems to be busy inventing useless crap and making things complicated for wallet devs...
awemany
https://www.reddit.com/btc/comments/3ujc4m/consensus_jgarzik_rbf_would_be_antisocial_on_the/cxfkwvi
(8) Why is the less-safe version of RBF the one being released ("Full") rather than the "safe(r)" version (FSS - First-Seen Safe)?
Peter Todd had proposed two different versions of RBF: "Full" vs "FSS" (First-Seen Safe).
"Full" is the more dangerous version, because it allows general double-spending (I can't even believe we're even saying things like "allows general double-spending" - but that's the kind of crap Peter Todd is trying to foist on us).
"FSS" is supposedly a bit "safer", because is only allows double-spending a transaction with the same output.
What's being released now is "Opt-In Full RBF".
First-seen-safe restricts replace-by-fee to only replacing transactions with the same output (prevents double spending).
The reason this feature is being added is they see Bitcoin as a settlement network, so when there's a backlog users should be able to replace their transaction with a higher-fee one so it's included. It's to deal with the cripplingly low blocksizes.
Someone should just implement and merge first-seen-safe, since that's much more non-controversial. Keeps 0-confs safe(r) while enabling re-submitting transactions.
tytyty_
https://www.reddit.com/bitcoinxt/comments/3uii16/on_black_friday_with_9000_transactions_backlogged/cxff3ej
I would have preferred first-seen-safe RBF, certainly. It can be a useful tool to just bump the transaction fee on an existing transaction.
coinaday
https://www.reddit.com/bitcoinxt/comments/3uii16/on_black_friday_with_9000_transactions_backlogged/cxf5eno
Ok, so if the only benefit of RBF is to unstick stuck transactions by increasing the fee; why did you use "Full RBF" instead of "FSS RBF"? Full RBF allows the sender to increase the fee and change who the receiver is. FSS (First-Seen-Safe) RBF only allows the sender to increase the fee, but does not allow the sender to change who the receiver is.
Tldr: FSS RBF should be enough to enable your wanted benefit of being able to resend stuck transactions by increasing their fee, but you chose Full RBF anyway. Why?
todu
https://www.reddit.com/btc/comments/3uighb/on_black_friday_with_9000_transactions_backlogged/cxfm5qb
The benefit of opt-in RBF:
Now, when a transaction is not going through because fee was accidentally made too low or if there is a spam attack on the network, a user can "un-stuck" his/her transaction by re-sending it with a higher fee. No more being held to the mercy of miners maybe confirming your transaction, or not. The user gets some power back.
If this was the actual problem at hand, why not restrict the RBF to only increasing the fee, but not changing the output addresses.
RBF in it's current form is nothing but a tool to facilitate double spending. That is, it lowers the bar for default nodes to assist facilitating double spending. Which is VERY BAD for Bitcoin, imho.
Serisouly, I don't know what's gotten into those devs ACK'ing this decrease in Bitcoin's trustwortiness.
Kazimir82
https://www.reddit.com/btc/comments/3uighb/on_black_friday_with_9000_transactions_backlogged/cxfn295
(9) Peter Todd has a track record of trying to break features which aren't perfect - even when real-world users find those features "good enough" to use in practice. Do you support Peter Todd's perfectionist and vandalist approach over the pragmatist "good-enough" approach, and if so, why or why not?
Destroying something just because it isn't perfect is stupid. By that logic we should even kill Bitcoin itself.
kraml
https://www.reddit.com/bitcoinxt/comments/3uii16/on_black_friday_with_9000_transactions_backlogged/cxfcmc7
How did a troll like peter todd get in control of bitcoin? This is fucking unbelievable.
Vibr8gKiwi
https://www.reddit.com/bitcoinxt/comments/3ujq69/uriplin_on_rbitcoin_inadvertently_reveals_the/cxfk89n
(10) Could the "game theory" on RBF backfire, and end up damaging Bitcoin?
And what if some/all miners simply hold RBF-enabled transactions into a separate pool and extract maximum value per transaction i.e. wait until senders cough up more & more ...
A very dangerous change that will actively encourage miners to collaborate on extracting higher fees or even extorting senders trying to 'fix' their transactions.
laisee
https://www.reddit.com/bitcoinxt/comments/3uii16/on_black_friday_with_9000_transactions_backlogged/cxfkozk
Peter Todd has a history of loving Game Theory, but he hasn't really applied those principals to the technological changes he's unilaterally making.
I don't understand how so many people could have been driven away or access removed so now he's able to make these changes despite community outcry.
DeftNerd
https://www.reddit.com/bitcoinxt/comments/3uii16/on_black_friday_with_9000_transactions_backlogged/cxfkyok
A miner could simply separate all RBF-enabled TX into a separate list and wait for higher and higher fees to be paid. It's kind of like putting a "Take my money, Pls!!!" sign on your forehead and and going shopping.
laisee
https://www.reddit.com/bitcoinxt/comments/3uixix/from_a_usability_communications_perspective_rbf/cxfkha2
opens door for collusion and possibly extortion ... sender has flagged willingness to pay more.
laisee
https://www.reddit.com/bitcoinxt/comments/3uixix/from_a_usability_communications_perspective_rbf/cxfl64y
(11) RBF is a controversial, radical change to the Bitcoin protocol. Why has Peter Todd been allowed to force this on our community with no debate, no consensus and no testing?
It's not uncontroversial. There is clearly controversy. You can say the concerns are trumped up, invalid. But if the argument against even discussing XT is that the issue is controversial, the easy ACK'ing of this major change strikes many as hypocritical.
There is not zero impact. Someone WILL be double spent as a result of this. You may blame that person for accepting a transaction they shouldn't, or using a wallet that neglected to update to notify them that their transaction was reversible. But it cannot be said that no damage will result due to this change.
And in my view most importantly, RBF is a cornerstone in supporting those who believe that we need to keep small blocks. The purpose for this is to enable a more dynamic fee market to develop. I fear this is a step in the direction of a slippery slope.
(12) How does the new RBF feature activate?
Does anyone know how RBF activates? I mean if wallets are not upgraded this could be very dangerous for users. Because even if its opt-in this could kill zero confirmation for good.
seweso
https://www.reddit.com/btc/comments/3uighb/on_black_friday_with_9000_transactions_backlogged/cxf3ui0
(13) PT on TP: Peter Todd fulfills the toilet-paper prophecy! [comic]
raisethelimit
https://www.reddit.com/btc/comments/3ujjzn/pt_on_tp_peter_todd_fulfills_the_toiletpape
(14) RBF: A Counter-Argument - by Mike Hearn
https://medium.com/@octskyward/replace-by-fee-43edd9a1dd6d
(15) If you're against RBF, what can you do?
the solution to all this, is actually rather simple. Take the power away from these people. Due to the nature of bitcoin, we've always had that power. There never was a need for an "official" or "reference" implementation of the software. For a few years it was simply the most convenient, the mo[s]t efficient, and the best way to work out all the initial kinks bitcoin had. It was also a sort of restricted field in that (obviously) there were few people in the world who truly understood to the degree required to make a) design change proposals, and b) code for them (and note that while up until now this has been the case, it's not necessary for these 2 roles to be carried out by the same people). The last few months' debates over the blocksize limit have shown and educated thst a lot of people now truly understand what's what. And what's more one of the original core-devs (Gavin), already gave us the gift of proving in the real world that democracy in bitcoin can truly exist via voting with the software one (or miners) runs, without meaning to.
BitcoinXT was a huge gift to the community, and it's likely to reach its objective in a few months. It seems an implementation of bitcoin UL will test the same principle far sooner than we thought.
So the potential for real democracy exists within the network. And we're already fast on our way to most of the community stop[p]ing using core as the reference client. Shit like what Peter pulled yesterday, I predict, will simply accelerate the process. So the solution is arriving, and it's a far better solution th[a]t it would be to, say, locking Peter out of the project. Thi[s] will be real democracy.
I also predict in a couple of years a lot of big mining groups/companies/whatever will have their own development teams making their internal software available for everyone else to use. This will create an at[]mosphere of true debate of real issues and how to solve them, and it will allow people (miners) to vote with their implementations on what the "real" bitcoin should be and how it should function.
Exciting times ahead, the wheels are already in motion for this future to come true. The situation is grave, I won't deny that, but I do believe it's very, very temporary.
redlightsaber
https://www.reddit.com/btc/comments/3uighb/on_black_friday_with_9000_transactions_backlogged/cxfn6r4
Yeah I think the time has come to migrate away from "core". There's obviously fishiness going on with the censorship and lack of transparency.
loveforyouandme
https://www.reddit.com/btc/comments/3uighb/on_black_friday_with_9000_transactions_backlogged/cxf6yi8
Vote with your feet: don't run Blockstream Core.
SatoshisDaughter
https://www.reddit.com/btc/comments/3ujc4m/consensus_jgarzik_rbf_would_be_antisocial_on_the/cxfdc4h
submitted by BeYourOwnBank to Bitcoin [link] [comments]

ShionCoin Console Basics

The following is a brief overview of the commands provided by the "shc" utility console program.
The utility program "shc" communication with the server (shcoind) are restricted to the local host that the service is running. You must use the stratum API in order to access the server from a remote machine.
A sub-set of all the commands are provided here. This guide attempts to concentrate on commonly used commands that are useful. Run "shc help" for a full list of commands. Run "shc help " for details about running that particular command.
You can enter an interactive mode by running "shc --prompt".
Run the daemon with "shcoind --debug" in order to print additional information to the log file (on linux, "/valib/share/shcoind.log") for diagnostic purposes.
ShionCoin "pub-key" coin addresses typically starts with "S" or "R". A "script address" will start with "1" and a seg-wit address will start with "3". Coin addresses are verified when entered on the command-line in order to ensure that the address is prudent in respect to the coin interface.
All fees for extended transactions, such as creating context and aliases, are either stored (for update purposes) in a local extended account and/or are provided as mining fees. You can use the "wallet.donate" command to intentionally create a transaction which includes a specified mining reward value.

Wallet Commands

The wallet commands provides capabilities to transfer funds and manage accounts. Each account can contain several coin addresses and has a counter-part "extended account" that is not visible.
Wallet Info: wallet.info
Display statistical and runtime information on wallet operations.
shc wallet.info { "version": 3010000, "walletversion": 60000, "balance": 658, "keypoololdest": 1517000561, "keypoolsize": 101 }
Create Coin Address: wallet.new
The "wallet.new" command is used to create a normal (non seg-wit) coin address and associate it with an account name. Coin addresses may be automatically generated for accounts, for example in order to return "change" in a fund transfer transaction. All change is directly returned to the associated account.
shc wallet.new test S2fzfzf1SStvaMzjGpCtYKxY3t8PXus9Ci
List Accounts: wallet.list
The "wallet.list" command provides a balance of all accounts in the coin wallet.
shc wallet.list { "": 0, "bank": 658, "system": 0 }
Three accounts are created by default. The "" account receives coinbase rewards which are then distributed to users based on their stratum stats. The "bank" account is a 0.1% cut of the rewards received from the stratum mining pool. The "system" account is currently reserved for a cpu-miner which attempts a single mining operation each time new task work is assigned to miners. The frequency of how often this occurs is based on tracking the "luck" of past attempts.
List Coin Addresses: wallet.listaddr
The "wallet.listaddr" command will list all of the coin addresses associated with an account.
shc wallet.listaddr test ["S2fzfzf1SStvaMzjGpCtYKxY3t8PXus9Ci"]
Create Transaction: wallet.send
The "wallet.send" command is the primary method of sending funds.
All ShionCoin transactions are sent with at least the 0.0001 SHC minimum fee. Providing the minimum fee is provided, any fee can is permitted and affects the priority of the transaction.
shc wallet.send bank S2fzfzf1SStvaMzjGpCtYKxY3t8PXus9Ci 10 307711dace8c0583b744af8acd1df2073e36b0c7a54b8830a15ae146f8c22ddb
Test Create Transaction: wallet.tsend
You can "test send" a transaction in order to determine the aproximate fee and size that would result.
shc wallet.tsend bank SLbnKamvSx8FhaBNpHUwffFDLZ16J8phdX 10 { "amount": 10, "tx-amount": 98.999900, "size": 300, "virt-size": 226, "fee": 0.000100, "inputs": 1, "priority": 1085539000000 }
Create Batch Transaction(s): wallet.bsend
The "wallet.bsend" command allows you to transfer funds that are more complicated than would be permitted in a single transaction. Multiple transactions will be created, as neccessary, in order to send the specified coin value. The total value commited to be sent may be lower than the value requested under certain circumstances.
Create Certified Transaction: wallet.csend
The "wallet.csend" associated a pre-created certificate with the coin transfer. The certificate may be used to associate with the certificate, or provide a method to identity the source of the funds.
shc wallet.csend bank SLbnKamvSx8FhaBNpHUwffFDLZ16J8phdX 10
Create Stamp Transaction: wallet.stamp
The "wallet.stamp" command allows you to create a short message (up to 135 characters), or reference a geodetic location, to associate with a local coin address. The stamp transaction is the exclusive method of claiming spring matix location coins. Creating a stamp in the format "geo:," will result in a single SHC coin, once processed on the network, being rewarded for all locations not yet discovered in the spring matrix. A minimum transaction fee (0.0001) is applied for each stamp transaction created.
Use the "ctx.findloc" command in order to search for locations active in the sprint matrix.
Validate Address: wallet.donate
Donated coins are added to the upcoming block reward. Donations may be optionally associated with a certificate. The maximum donation value in a single transaction is 500 coins. Donations are associated with the coin address that generates them, and may contain a geodetic stamp depending on configuration and availability.
The total cost will include the donation coin value specified plus a minimum transaction fee (0.0001 SHC).
{ "version": 1, "flag": 1025, "txid": "ace04609d0eca593b73a3f1afb1dcfeb10049c4ab4098ff9b17e01da65bf2ec6", .. "ident": { "version": 3, "expire": " ", "geo": "46.770000,113.980000", "addr": "SFrXpo9ykcSeycTdMaFu3xWwJFxN5gkUH4" } }
Validate Address: wallet.validate
The "wallet.validate" command returns general information about the coin address specified, including whether the coin address is contained in the local wallet.
shc wallet.validate SLbnKamvSx8FhaBNpHUwffFDLZ16J8phdX { "isvalid": true, "address": "SLbnKamvSx8FhaBNpHUwffFDLZ16J8phdX", "ismine": true, "account": "system" }
Validate Address: wallet.key
Obtain a code that identifies the private key of a coin address.
Validate Address: wallet.setkey
Create a new coin address, for the specified account, with a private key code.
Validate Address: wallet.keyphrase
Obtain a set of phrases that identify the private key associated with a coin address.
Validate Address: wallet.setkeyphrase
Create a coin address in the wallet given a key phrase.
Export Wallet (json): wallet.export
Creates a JSON formatted backup of all the accounts managed.
Export Wallet (datafile): wallet.exportdat
Creates a binary backup, in the tradition bitcoin wallet format, of all the accounts in the wallet.
Import Wallet (json): wallet.import
Creates a JSON formatted backup of all the accounts managed.
Scan Wallet: wallet.rescan
Cycle through all known wallet transactions and verify their state in the block-chain.

Block Commands

BlockChain Info: block.info
Print summarized information about the block-chain.
shc block.info { "version": 2000000, "blockversion": 2, "walletversion": 60000, "blocks": 77029, "difficulty": 0.000488, "pooledtx": 0, "currentblockhash": "5c4e3a637d857c7df925dda1c017dd3864c0fb95c1421276619810f5b95fc8c5", "errors": "" }
Print Block (hash): block.get
Print detailed information about the specified block hash.
shc block.get bc157eefd48e18152c70ad2937bd44e6bb38d218bf13c262a844a3d0ae9264d6 { "blockhash": "bc157eefd48e18152c70ad2937bd44e6bb38d218bf13c262a844a3d0ae9264d6", "version": 536870912, "merkleroot": "5bda555d945bc36806f1eb4913a47a2ecad4569133cce1d59bd82ad94e7be1c6", "time": 1521898215, "stamp": "03/24/18 07:30:15", "nonce": 4422421, "bits": "1e07ffff", "previousblockhash": "3312abddb29aea55f44a0e3c52d397d3041b9e2deaa160f2ac415cdca05057b9", .. }
Print Block Hash (height): block.hash
Obtain the block hash for a specified block height.
shc block.hash 77022 bc157eefd48e18152c70ad2937bd44e6bb38d218bf13c262a844a3d0ae9264d6
Export BlockChain: block.export
Export an entire block-chain to a binary file. The actual export of data is performed asynchronously (in the background), and the log file should be reviewed to determine when the operation is actually done.
shc block.export /root/.shc/block.bin { "mode": "export-block", "minheight": 0, "maxheight": 0, "path": "/root/.shc/block.bin", "state": "init" }
tail /valog/share/shcoind.log ..
[03/24/18 07:47:14] info: shc: PerformBlockChainOperation: saved 77105 blocks to path "/root/.shc/block.bin".
Import BlockChain: block.import
Import a previously exported block-chain into the live system. The imported file will only over-write block records that do not previously exist.
BlockChain Scan: block.verify
Perform an integrity check against the last X blocks in the block-chain.

Transaction Commands

Print Transaction: tx.get
Print details for a particular transaction from it's transaction hash.
shc tx.get 307711dace8c0583b744af8acd1df2073e36b0c7a54b8830a15ae146f8c22ddb { "version": 1, "flag": 1, "txid": "307711dace8c0583b744af8acd1df2073e36b0c7a54b8830a15ae146f8c22ddb", .. }
Print Transaction: tx.pool
Print details for all transaction currently pending in the active "mempool" queue. These are transactions that are actively being inserted into mined blocks.
Print Transaction: tx.validate
Validate a transaction hash associated with the local wallet. Prints summarized information about all local coin addresses associated with the transaction.
shc tx.validate 307711dace8c0583b744af8acd1df2073e36b0c7a54b8830a15ae146f8c22ddb [{ "spent": "false", "ismine": "true", "address": "S7viXBKwUZKy4aPCby3oXzWFDxhZKjGipA" }, { "spent": "false", "ismine": "true", "address": "S2fzfzf1SStvaMzjGpCtYKxY3t8PXus9Ci" }]

Peer Commands

Import Peers: peer.info
Display a summary of information relating to connected peers.
{ "clientversion": 3010000, "protocolversion": 2000000, "socketport": 24104, "connections": 3, "networkhashps": 11609, "errors": "" }
Import Peers: peer.list
Display information about each node peer currently connected to the coin interface.
Export Peers: peer.export
Export all of the known peers to a JSON file.
shc peer.export /root/.shc/peer.json { "mode": "peer.export", "path": "/root/.shc/peer.json", "state": "finished" }
Import Peers: peer.add
Import a JSON file containing node peer information.
Remove Peer: peer.remove
Disconnect and remove the specified peer from the system.

Context Commands

Context Info: ctx.info
Print the current fee to create a context transaction and the total number of context records in the system.
{ "fee": 25, "total": 1 }
Print String Context: ctx.getstr
Prints the ASCII value associated with a particular context name.
shc ctx.getstr "test name" test value
Print Context: ctx.get
Prints detailed information about a context record given it's context hash.
shc ctx.get ab5b128ce3674f81f0271efbbbb191fed56e9a80 { "version": 3, "label": "ab5b128ce3674f81f0271efbbbb191fed56e9a80 test name (1zgfTHd5BQA)", "expire": "Mar 23 08:28:39 2020", "flags": 10244, "signature": "e0539d3ecb54c5c0a29ccd69f0b03dfdfb58bc24", "hash": "ab5b128ce3674f81f0271efbbbb191fed56e9a80", "valuesize": 10, "valuecrc": "1zgfTHd5BQA", "tx": "0dbf21191091e33ad7be3b1ce1983ffffdbedeb804e3ce934021f0fad038d50e" }
Create String Context: ctx.findloc
Search for a location by it's name or with geodetic cordinates.
The "ctx.findloc" will scan an area and attempt to find a location within it. This area includes a span of about 100 sq. miles. The closest location with the smallest precision found will be returned. In addition, geodetic information provided by the share library is also utilized.
shc ctx.findloc "geo:46.9,114.2" { "name": "missoula, mt", "summary": "Montana", "zone": "America/Denver", "code": "MUNI", "country": "US", "geo": "46.94000,114.04000", "type": "Municipal Zone", "springable": "false" } shc ctx.findloc "Missoula, MT" { "name": "missoula, mt", "summary": "Montana", "zone": "America/Denver", "code": "MUNI", "country": "US", "geo": "46.94000,114.04000", "type": "Municipal Zone", "springable": "false" }
Note: The "springable" value denotes whether the geodetic location can be claimed in the SHC spring matrix (see "wallet.stamp").
Create String Context: ctx.getloc
Print detailed information about a particular location by it's name or geodetic cordinates.
The "ctx.getloc" command requires specific cordinates to be specified when a latitude and longitude is specified.
ctx.getloc "Missoula Creek" ctx.getloc geo:46.9846,114.1213
Note: The "springable" value denotes whether the geodetic location can be claimed in the SHC spring matrix (see "wallet.stamp").
Create String Context: ctx.setstr
Create a text format context value. This establishes a simple name=value relationship.
Context names are stored as hash keys. Therefore, the string name of the context key must be known before-hand in order to perform the lookup. A small label is also provided as part of the context record which includes a snippet (or all of) the context name.
Context records are signed against the coin address that paid to generate the transaction. Context transaction typically cost about 25 SHC or less to create. A context will expire two years after the date at which it is either created or updated. The owner can update a context by creating a new one with the same name as a pre-existing one. The "context hash" that identifies a context is also the key hash of it's label. The context is shown as part of the transaction details.
shc ctx.setstr test "test name" "test value" { "version": 3, "label": "ab5b128ce3674f81f0271efbbbb191fed56e9a80 test name (1zgfTHd5BQA)", "expire": "Mar 23 08:28:39 2020", "flags": 10244, "signature": "e0539d3ecb54c5c0a29ccd69f0b03dfdfb58bc24", "hash": "ab5b128ce3674f81f0271efbbbb191fed56e9a80", "valuesize": 10, "valuecrc": "1zgfTHd5BQA", "tx": "0dbf21191091e33ad7be3b1ce1983ffffdbedeb804e3ce934021f0fad038d50e" }
Create Geodetic Context: ctx.setloc
The "ctx.setloc" command creates contextual information about a specific place.
The command includes information about a location zipcode, name, and description. In addition, an optional place type code, country code, and web-url can be specified.
The place type corrosponds to one of the codes returned from the "ctx.loctypes" command.
This command has two different modes. One corrosponds to giving a name to a particular geodetic latitude and longitude corindate, and the other includes providing details about that particular location. A single location (as specified by latitude and longitude) may have multiple names, but it limited to a single set of details. Although some common places may be reserved from use (such as common city names), the application of detailed information to a geodetic location comes on a first-come-first-serve basis. Note that context information expires after two years.
The size of the area being referenced is dependent on the place type specified. For example, "AREA" spans roughly 30 sq. miles, while "SPOT" only spans 8 sq. feet. This precision is used in relation to geodetic lookups performed.
shc ctx.setloc test geo:46.9846,114.1213 "Bitterroot Creek" STM US shc ctx.setloc test "Missoula Creek" geo:46.9846,114.1213
Create Identity Context: ctx.setid
Create a binary context from the raw command-line argument specified.
Create Binary Context (raw): ctx.setbin
Create a binary context from the raw command-line argument specified.
Create Binary Context (file): ctx.setfile
Create a binary context from the absolute path specified.
Print Location Types: ctx.loctypes
Print out all suported location type codes for use with the "ctx.setloc" command.
[{ "name": "AREA", "desc": "General Area", "prec": 1 }, { "name": "MT", "desc": "Mountain", "prec": 1 }, .. }

Address Alias Commands

Alias Info: alias.info
Print the current fee to create an alias transaction and the total number of alias records in the system.
shc alias.info { "fee": 31.250000, "total": 1 }
Create Address Alias: alias.pubaddr
Create a persistent public association with a name and a coin address. Once confirmed, the coin address can be referenced as "@" in command-line operations.
When a coin address is specified the alias label will be published onto the block chain in reference. If the alias label already exists, then a transfer will occur providing you are the original owner.
A coin address will be automatically created if none is specified. Only "pub-key" coin addresses are currently supported. An alias will expire after 12 years.
An alias cost around 30 SHC to create and will decrease over time.
shc alias.pubaddr test S2fzfzf1SStvaMzjGpCtYKxY3t8PXus9Ci { .. "alias": { "version": 1, "label": "test", "expire": "Mar 21 09:37:40 2030", "type": 30, "addr": "S2fzfzf1SStvaMzjGpCtYKxY3t8PXus9Ci", "type-name": "pubkey" } }
shc wallet.send bank @test 2 d438fea502b7113f155617fc1b400161bb3045645094df5423ce7e484fadf7f2
List Address Alias: alias.list
Print all aliases that match the keyword provided.
shc alias.list { "test": { "block": "79b04f63fe5602f40bc559b1c5b39b730a2d6ea2d6b4ab491904d6054b1add71", "tx": "abb12ed2f4a74c58432afa9e19c08afad1d3dd84052f23be534e96ed53e11d4f", "alias": "77135966b271a06928cdff5548dbbaed61ee7250", "addr": "S2fzfzf1SStvaMzjGpCtYKxY3t8PXus9Ci" } }
Print Address Alias: alias.getaddr
Print details about a particular coin address alias given it's name.
shc alias.getaddr test { "version": 1, "label": "test", "expire": "Mar 21 09:37:40 2030", "type": 30, "addr": "S2fzfzf1SStvaMzjGpCtYKxY3t8PXus9Ci", "type-name": "pubkey" }

Certificate Commands

Certificate Info: cert.info
Prints the current certificate transaction fee and the total number of certificates created on the block-chain.
shc cert.info { "fee": 14.750000, "total": 1 }
Certificate Info: cert.list
Search for a certificate given the provided keyword.
shc cert.list test { "test certificate": "8069f1bbfb435cfa1efdb454684446528343b809" }
Certificate Info: cert.new
The "cert.new" command is used to create a new certificate on the block-chain. The certificate than may be used to derive other certificates or dispense licences. The certificate may have an optional fee specified that will be required to derive or license it.
A certificate can either be designated for issueing other certificates or granting licenses, but not both. Either form of the certificate may be used in order to donate or send a certified coin transfer.
A certificate is signed against a private key that is generated from the associated extended account coin address. You may optionally specify a hexadecimal seed to use for generating the private key. The certificate's private key is not stored in a database or a transaction, and requires the original coin address to be present in the local wallet to be determined. The public key is provided as part of the certificate transaction, and can be used in order to verify the integrity of the associated signature.
The average fee for registering a new certificate is initially about 15 SHC and will decrease over time. The details of the certificate are visible in the underlying transaction that it was generated in.
The frame-work of the certificate is designed to be compatible with the x509 format. See the "shcert" share library utility program for more information on exporting x509 certificate created on the ShionCoin block-chain. Certificates may also be used to provide licensing authentication to run or provide features to programs using the share library "esig" functionality (see the "shesig_verify()" function).
Note that the certificate may contain identifying information such as the originating coin address and, when available, the geodetic location.
shc cert.new test "test certificate" { "version": 1, "flag": 17, "txid": "18d0a73c96af3dd211f27e4ada898e13b4cf25223da2591289edb8a1e86f1129", .. "certificate": { "version": 3, "label": "test certificate", "expire": "Mar 24 04:13:46 2066", "geo": "46.770000,113.980000", "addr": "SC2j6kxbrKzfpxsGqBQSrxeDh2CdPn1TLJ", "certhash": "8069f1bbfb435cfa1efdb454684446528343b809", "issuer": "0000000000000000000000000000000000000000", "serialno": "0c96a132d74df2522f38babf0733224c", "flags": 10244, "signature": "0d5a4e6c7d4975ee443cfc2e057d3d76070bd2f5", "sigpubkey": "0334d9f89253fa0837a1524266414509bdce478368" } }
Certificate Info: cert.get
Print the details of a certificate record given the certificate hash.
{ "version": 3, "label": "test certificate", "expire": "Mar 24 04:13:46 2066", "geo": "46.770000,113.980000", "addr": "SC2j6kxbrKzfpxsGqBQSrxeDh2CdPn1TLJ", "certhash": "8069f1bbfb435cfa1efdb454684446528343b809", "issuer": "0000000000000000000000000000000000000000", "serialno": "0c96a132d74df2522f38babf0733224c", "flags": 10244, "signature": "0d5a4e6c7d4975ee443cfc2e057d3d76070bd2f5", "sigpubkey": "0334d9f89253fa0837a1524266414509bdce478368", "txid": "18d0a73c96af3dd211f27e4ada898e13b4cf25223da2591289edb8a1e86f1129" }
Certificate Info: cert.derive
Derive a certificate from another certificate. You can optionally specify a fee to be associated with the new certificate, and a fee may be required if one is associated with the parent certificate.
Certificate Info: cert.license
Generate a license from a certificate. A license represents authorization to use a particular product and typically requires a fee to be paid. You can optionally specify a hexadecimal seed to be used when creating the certificate's private key.
Certificate Info: cert.export
Exports the private key information from the extended account that is used to claim ownership over a particular certificate.
Ownership and management of a certificate depends on having specific coin address key(s) in the coin wallet. Exporting a certificate provides JSON formatted content which can be used with "wallet.import" command to attain ownership of a certificate.
submitted by shioncoin to u/shioncoin [link] [comments]

Transcript of Open Developer Meeting In Discord - 5/10/2019

[Dev-Happy] Blondfrogs05/10/2019
Channel should be open now
Chill05/10/2019
you all rock!
just getting that out of the way :wink:
Tron05/10/2019
Cheers everyone.
theking05/10/2019
Hi fabulous dev team!
Hans_Schmidt05/10/2019
Howdy!
Tron05/10/2019
No specific agenda today.
Questions?
Has everyone seen Zelcore wallet, and Spend app?
theDopeMedic05/10/2019
Any major development status updates that haven't been listed in #news?
Synicide05/10/2019
How was the meetup yesterday? I heard it would be recorded, it is uploaded anywhere yet?
Tron05/10/2019
And Trezor support on Mango Farm assets?
@Synicide Yes it was recorded. The Bitcoin meetup organizer has the video.
I talked about Ravencoin, but mostly about the stuff that was being built on/with/for Ravencoin.
There was about 70% overlap with folks who were at the Ravencoin meetup in March.
Synicide05/10/2019
awesome, looking forward to watching it when it's available
Tron05/10/2019
I'll hit up James and see if he's posting the video.
S1LVA | GetRavencoin.org05/10/2019
@theDopeMedic I'd follow github if youre interested in development status
Synicide05/10/2019
zelcore looks super slick. Been meaning to research its security more with the username/pw being stored on device
Chill05/10/2019
How is the progress on the restricted assets and testnet coming along? A secondary question would be about the approximate fork timeframe.
S1LVA | GetRavencoin.org05/10/2019
Has anyone heard from the community dev (BW) working on Dividends?
Rikki RATTOE Sr. SEC Impresantor05/10/2019
Any word on BW and his progress w dividends?
@S1LVA | GetRavencoin.org LOL
Tron05/10/2019
@S1LVA | GetRavencoin.org Great question. I haven't heard.
Synicide05/10/2019
last meeting BlondFrogs said he would try to connect with BW as he was sick with the flu at the time. Maybe he has an update
S1LVA | GetRavencoin.org05/10/2019
I've tried to get in contact, but with no success.
Rikki RATTOE Sr. SEC Impresantor05/10/2019
Got a funny feeling...
Jeroz05/10/2019
Last time we left off with someone mentioning a foundation and Tron saying let’s discuss that next time iirc
kryptoshi05/10/2019
Has anyone taken a look at the merits for this proposal? Thoughts? https://medium.com/systems-nexus/modified-x16r-algorithm-proposal-for-constant-hash-rate-in-short-time-164711dd9044
Medium
Modified X16R algorithm proposal for constant hash rate in short time
Interpretation Lens V. a0.01
Tron05/10/2019
I did see it. Does anyone think this is a problem?
Synicide05/10/2019
It looks interesting... but I'm not sure what it is trying to solve. Looking at netstats, our 1 hour average block time is perfectly 1 minute
S1LVA | GetRavencoin.org05/10/2019
Last I heard from him he expressed how important finishing the code was. I wouldnt jump to conclusions on his absence within the community.
Synicide05/10/2019
x16r by nature will fluctuate, but DGW seems to be doing a good job keeping consistent block times
Tron05/10/2019
Because of relatively broad distribution across the algorithms, the block times are fairly consistent. It is possible, but very, very unlikely to get a sequence that takes up to 4x longer, but that's super rare, and only 4 minutes.
We did some timing analysis of the algorithms early on. A few are 1/2 as long as SHA-256 and some are up to 4x longer. But when you randomly select 16 it usually comes out about even.
Synicide05/10/2019
1hr avg: 1.02min - 24hr avg: 1min
I think we should focus on building, and not trying to fix what isnt necessarily broken
Tron05/10/2019
Agreed.
Rikki RATTOE Sr. SEC Impresantor05/10/2019
Agreed
Tron05/10/2019
Is everyone ok with the frequency (every other week) of this discussion?
Jeroz05/10/2019
(Added thumbs down to measure)
Tron05/10/2019
@Jeroz Did you do thumbs-up and thumbs down?
S1LVA | GetRavencoin.org05/10/2019
Seems appropriate. Its not like the devs dont poke around here and chat anyways.
Tron05/10/2019
Anything critical that we should be aware of?
Jeroz05/10/2019
When I need a dev, I poke a dev. When that dev is unavailable. I poke another one :smiley:
Hans_Schmidt05/10/2019
BlondFrogs was testing some github code last month to create a dividends snapshot database of asset holders at a given blockheight. Is that planned for inclusion? That's the only thing needed for dividends.
Jeroz05/10/2019
I hope I didn’t offend any devs
With poking around
Rikki RATTOE Sr. SEC Impresantor05/10/2019
Was thinking voting would be an excellent use case for restricted assets. Local communities, nations, etc... could kyc their residents
radiodub05/10/2019
Is x16r will remain fpga mineable
Tron05/10/2019
@Jeroz We're hard to offend.
Chill05/10/2019
Is the general dev feeling that the next fork should and will include everything needed for the next 6-9 months (barring something completely unforeseen)?
Jeroz05/10/2019
I know :smile:
Tron05/10/2019
@radiodub Nearly impossible to stop FPGAs and still keep GPUs
Jeroz05/10/2019
About that: voting is another hard fork right? Not too soon?
Tron05/10/2019
FPGAs can be reprogrammed as fast. It is silicon (true ASIC) that we can obsolete with a tiny change.
@Jeroz Messaging, voting, Tags, Restricted Assets would require a hard fork (upgrade).
We could do them each individually, but folks get weary of upgrades, so current plan is to roll them together into one.
MrFanelli™05/10/2019
Good idea
Jeroz05/10/2019
Oh voting too?
MrFanelli™05/10/2019
People will like that
Jeroz05/10/2019
I thought that was coming later
Tron05/10/2019
Voting is the one that isn't being worked on now. Tags and Restricted assets have taken precedence.
Jeroz05/10/2019
I know. But you plan on waiting to fork until voting is also done?
That would have my preference tbh
But I can see an issue with too many things at the same time
Tron05/10/2019
If someone wants to step in, we've had one of our devs sidelined and he was working on BlockBook support so more light wallets can connect to Ravencoin. Mostly test cases needed at this point.
S1LVA | GetRavencoin.org05/10/2019
Thats a pretty large upgrade.. Bigger surface for unknowns
Rikki RATTOE Sr. SEC Impresantor05/10/2019
At what point would RVN community consider moving to ASICs because having a Bitcoin level of security would eventually be needed?
MrFanelli™05/10/2019
Never rikki
Tron05/10/2019
@S1LVA | GetRavencoin.org 100% Lots of testing on testnet and bounties.
[Dev-Happy] Blondfrogs05/10/2019
I am here :smiley:
Tron05/10/2019
@Rikki RATTOE Sr. SEC Impresantor There's nothing inherently wrong with ASICs but it tends to centralize to data centers and less opportunity for anyone to just run their gaming rig overnight and collect RVN.
Welcome Blondfrogs
MrFanelli™05/10/2019
Asics are too expensive. If we want normal people to mine, then we cant be an asic network
Rikki RATTOE Sr. SEC Impresantor05/10/2019
@Tron True but what happens when the chain needs a Bitcoin level of protection?
Tron05/10/2019
More GPUs, more FPGAs
MrFanelli™05/10/2019
Nvidia loves ravencoin :stuck_out_tongue:
Chill05/10/2019
ok, so we are pro FPGAs
𝕿𝖍𝖊 𝕯𝖔𝖓 𝕳𝖆𝖗𝖎𝖘𝖙𝖔 CEO ∞05/10/2019
Build it and they will come
Tron05/10/2019
It's all relative. It is cost to attack. If an ASIC isn't available for rent, then only option is rental of non-allocated GPUs
Rikki RATTOE Sr. SEC Impresantor05/10/2019
@Chill Eventually everyone will need FPGAs to be profitable on RVN, at that point I don't see why we just don't make the switch to ASICs
Tron05/10/2019
Also, as much as we don't focus on price, the price does matter because it determines the amount of electricity and hardware will be deployed to get the block reward. Price increase means more security, more mining means more security means higher price.
It's a circle.
Chill05/10/2019
someone tell that to the twitter handler
HailKira05/10/2019
you guys adding seedphrase to desktop wallet?
[Dev-Happy] Blondfrogs05/10/2019
@HailKira We will, just is not a high priority right now.
MrFanelli™05/10/2019
Twitter handle wants rvn ded
Rikki RATTOE Sr. SEC Impresantor05/10/2019
I just don't see much difference between ASIC and FPGA and I'd rather have the added nethash an ASIC will provide once GPUs are virtually kicked off the network
kryptoshi05/10/2019
I'm at 11 GB future proof
Tron05/10/2019
That also limits miners to big money, not gaming rigs.
Synicide05/10/2019
@Rikki RATTOE Sr. SEC Impresantor you have to keep in mind the 'added nethash' is all relative
Rikki RATTOE Sr. SEC Impresantor05/10/2019
FPGAs will limit miners to big $$$ too IMO
Tron05/10/2019
@kryptoshi New algo x16r-12G requires 12GB :frowning:
Seal <:cricat:> Clubber05/10/2019
But sperating smaller gb cards would lead to less adoption if we ever become a mainstream coin.
Adpotion of mining that is
Chill05/10/2019
but we are a mainstream coin
Seal <:cricat:> Clubber05/10/2019
Mains stream as in what eth did
Tron05/10/2019
@Rikki RATTOE Sr. SEC Impresantor I agree. Not a perfect solution.
Steelers05/10/2019
Is this a Dev meeting or Algo meeting :smiley:
Seal <:cricat:> Clubber05/10/2019
But if we ever go mem lane. We should aim for 6 or 8gb.
Tron05/10/2019
Open to other questions.
Rikki RATTOE Sr. SEC Impresantor05/10/2019
@Tron Probably not the time and the place to have this discussion as we stand currently but IMO we're gonna have this conversation for real eventually
Seal <:cricat:> Clubber05/10/2019
Most cards have 6gb now.
kryptoshi05/10/2019
Why 12 gb ? Such a massive jump
Seal <:cricat:> Clubber05/10/2019
^
Would also like to know
Tron05/10/2019
@kryptoshi I was joking. You said you had 11GB card.
Seal <:cricat:> Clubber05/10/2019
Haha
You got em good
I cant imaghine the face he had when he was 1gb short
Lel
Rikki RATTOE Sr. SEC Impresantor05/10/2019
That's what she said
kryptoshi05/10/2019
Hahaha
MrFanelli™05/10/2019
need a 2080ti
Seal <:cricat:> Clubber05/10/2019
How much does the VII have?
16?
[Dev-Happy] Blondfrogs05/10/2019
Any other questions you have for us?
Hans_Schmidt05/10/2019
@[Dev-Happy] Blondfrogs You were testing some github code last month to create a dividends snapshot database of asset holders at a given blockheight. Is that planned for inclusion? That's the only thing needed for dividends.
Chill05/10/2019
a dev might want to contact Crypto Chico for some 'splaining
[Dev-Happy] Blondfrogs05/10/2019
I still haven't contacted the developer that was working on dividends. Was pretty busy with some other stuff. I will contact him this next week, and see where we are at for that.
Rikki RATTOE Sr. SEC Impresantor05/10/2019
Chico doesn't do interviews, shame. Tron would be a much needed interview for his community
[Dev-Happy] Blondfrogs05/10/2019
As far as releasing dividends, I can be released at anytime the code is finished and doesn't require any voting or hardfork to occur
kryptoshi05/10/2019
Android asset aware wallet?
Seal <:cricat:> Clubber05/10/2019
Is in beta right
Tron05/10/2019
Testing went well today on Android. Nearing release.
[Dev-Happy] Blondfrogs05/10/2019
as it is a mechanism that is wallet specific
liqdmetal05/10/2019
no protocol level dividends you guys are saying?
[Dev-Happy] Blondfrogs05/10/2019
correct
Tron05/10/2019
DM me if you want to test Android with Asset support. I'll send you the .APK.
Rikki RATTOE Sr. SEC Impresantor05/10/2019
RVN gonna be on tZero wallet? :yum:
liqdmetal05/10/2019
why not? what is the logic on non-protocol dividends
assets + protocol dividends is nirvana
[Dev-Happy] Blondfrogs05/10/2019
dividends is pretty much sending payments to addresses. Right now, you would have to do this manually. The dividends code, will allow this to be done quicker and easier.
No consensus changes are required.
Tron05/10/2019
New Android wallet is BIP44 and original Android wallet is BIP32/BIP39 so the words will not find the funds. You'll need to send them to another wallet, and then send them to new BIP44 derived address.
liqdmetal05/10/2019
we already have payments to addresses
so dividends is not a feature so much as simple wallet script
Hans_Schmidt05/10/2019
@[Dev-Happy] Blondfrogs The dividend code changes look risky'er to me than messaging. Would you consider "tags" branch test-ready?
[Dev-Happy] Blondfrogs05/10/2019
Not yet @Hans_Schmidt
Dividends is easier then you would think if coded correctly. I still haven't seen the code from the community developer. Excited to view it though.
Hans_Schmidt05/10/2019
@[Dev-Happy] Blondfrogs Sorry- I meant restricted, not dividend
kryptoshi05/10/2019
@Tron on the Android wallet, anyone successfully added their own node and got it to sync faster? Always have issues. I have a supped up node and cannot get it to work with the Android wallet...
[Dev-Happy] Blondfrogs05/10/2019
@Hans_Schmidt Oh, that makes more sense. Yes, they are very risky! That is why we are going to create a new bug bounty program for restricted assets testing.
Rikki RATTOE Sr. SEC Impresantor05/10/2019
Once the network does get flooded w FPGAs, should we even consider changing the algo a couple times a year? That would only give bitstream developers added time to hoard their creations for themselves
Kind of like they're already doing with their x16r bitstreams :yum:
kryptoshi05/10/2019
Flooded... lol... like that hardware has mass production scale like gpus...come on dude
MrFanelli™05/10/2019
Bip44 wallet? :smiley:
Rikki RATTOE Sr. SEC Impresantor05/10/2019
@kryptoshi Eventually yes, where there's $$$ to be made, people make things happen
MrFanelli™05/10/2019
So can we trade from that in the new Binance Dex when RVN get listed?
kryptoshi05/10/2019
@Rikki RATTOE Sr. SEC Impresantor Yes Soon TM lol. :soontm:
Tron05/10/2019
@kryptoshi There are some things we can do to speed it up. For a new wallet, it shouldn't need to sync. For recovered wallet, it needs to sync from beginning of BIP44 wallet support on iOS so words can be moved between the two.
Other options include grabbing the first derived address and looking it up on an explorer to see when it was first used and sync from there.
Another option is to add an optional number with the 12 words so it knows when to start syncing.
There isn't a good reason on an SPV wallet to sync before the seed was created.
kryptoshi05/10/2019
Cool. Glad you are looking at speedup options.. :right_facing_fist: :left_facing_fist:
[Dev-Happy] Blondfrogs05/10/2019
@MrFanelli™ If the binance dex support RVN deposits. I am sure you would be able to send from it
MrFanelli™05/10/2019
Has binance reached out for any info or anything?
I seen that we ranked in some voting competition they had on twitter
for an ama
Rikki RATTOE Sr. SEC Impresantor05/10/2019
I believe we'll need to create a fund of approximately $300,000 in order to get a BNB-RVN asset created and listed on the Binance FDEX
[Dev-Happy] Blondfrogs05/10/2019
In order to work with binance we need Ravencoin integrated into Blockbook.
Tron05/10/2019
@MrFanelli™ I've reached back out to Binance on the AMA.
MrFanelli™05/10/2019
Awesome :smile:
kryptoshi05/10/2019
@Tron you are a natural on the interviews... cool as a cucumber. :sunglasses:
Tron05/10/2019
Thanks @kryptoshi
[Dev-Happy] Blondfrogs05/10/2019
Cool. We are done for today.
Please don't ask us any more questions :smiley:
Tron05/10/2019
Thanks everyone!!!!
[Dev-Happy] Blondfrogs05/10/2019
Cya everyone!!
S1LVA | GetRavencoin.org05/10/2019
Cya happy feet, Thanks
Thanks Tron
Seal <:cricat:> Clubber05/10/2019
:bepbep:
submitted by mrderrik to Ravencoin [link] [comments]

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