Posts made by chrisj

Hey guys, long time no speak.

Is there a Mac binary or Linux version one can download? Also I notice that the download button on the feathercoin homepage is giving off a horrible virus warning in both chrome and firefox.

I’d be really interested in working on this. I have a little pet project called World Citizenship which is a protocol for helping anyone in the world setup a passport service using blockchain notorisation. I want to make it blockchain agnostic and include documentation that points people towards all the different coins and options they have.

Let me know where you are with your project and I will help out anyway I can.

About to go live http://youtu.be/fsmP1Nxmfe8

Their coffee break takes too long.

That’s because they are busy meeting captains of industry

I made a post on Bitcointalk, I would like to know what you think here about an exclusive event for entrepreneurs and VCs in the financial capital with tickets at £720 each!

https://bitcointalk.org/index.php?topic=684361.new#new

The livestream is here: http://livestream.coinsumm.it/

https://twitter.com/hashtag/coinsummit

Hey guys, I couldn’t record my talk as I had to use my laptop for the slides but this is the follow up I did on World Crypto Network:

https://www.youtube.com/watch?v=RuUfCxwC-eM

The presentation was basically to give them an insight on how easy it is to create your own crypto, how we did it and why.

Chris got your Skype but out and about, have text you

Tomorrow morning at 11am.

Okay a bit last minute. I had a talk booked in at Lloyds Bank on Bitcoin but now my friend Max who works there has asked me to centre it around Feathercoin and why we chose to start our own currency. I will mix up the presentation I did in Amsterdam but if you guys have any pictures or particular stories you want me to share please send them in here.

I will be working on it this afternoon/this evening.

They are on Twitter:

https://twitter.com/Steven_McKie/status/480403495007170560

This is the Blackcoin guys who said they mine Feathercoin on their ethical multipool. They talk about it in this video.

This is the one with Hank: https://twitter.com/Feathercoin/status/480416164506374145

This is the panel but you can’t see me as I am on the edge on the right: https://twitter.com/BlackCoinPool/status/480412882241204224

Thom got a video of it but I haven’t seen it yet as he can’t upload it. Internet here is pretty lousy.

Hey guys just a quick one to say that I have had a great and very hectic time since landing 3 days ago. The conference is almost over but I represented Feathercoin on an impromptu Alt Coin panel discussion and have tweeted out pictures of Feathercoin fans including Hank who made the first Android Wallet, make sure you are following @Feathercoin.

I am also making videos on World Crypto Net including “Chris Before Coffee” every morning :)

We have a very good reputation in crypto, everyone knows us as the nice coin who set the standards for community activism in the space. It’s really lovely to hear such positive feedback.

I am off to New Hampshire for Porc Fest and will check in again as soon as I get the chance.

This occurred to me as well. Surely this would be the simplest solution to implement. Each connection to the block chain is limited in khs. As I don’t know the mechanics behind things as Flodbeth mentioned there may very well be a way to limit individual connections somehow which by default would avoid a 51% attack.

I would like to hear what other people have to say but I suspect it would be easy to work around by spoofing IP or using tor nodes. It would end up being advantageous to those enterprising enough to find a way around it.

At the moment we have an asymmetry of information and value that we seem to feel the need to redress. That those favouring the short term are taking more as a proportion of their input than those who are taking a longer term perspective. It may well be that the incentives in Bitcoin are simply flawed and that we have to start again. The reason being that there seems to always be people who will put in the least amount of effort for the maximum amount of reward and then switch to a new upward trending market once they have finished fleecing that one; rinse and repeat. Then we end up living in a world where we measure success by the rate of change which then leaves behind an ever increasing number of people as they fail to keep up. I’m not saying that’s bad, I’m not saying it’s good either I am just describing what I am seeing.

I have not arrived at a final conclusion and would be willing hear what other people think.

Gavin Andreson just made this comment on the Bitcoin Foundation Blog:

Even if GHash.IO is evil and intends to destroy Bitcoin they would be able to do only two things:[/size]
The first thing they could do would be to double-spend already confirmed transactions. For example, they could send some bitcoins to an exchange, trade them for dollars, wire the dollars to their bank account, and then announce a longer blockchain where the transfer to the exchange never happened. Now they have dollars and bitcoins.

Incorrect. They could send the bitcoins to Cryptsy trade them for litecoins, send the litecoins to BTCe and trade them for dollars.

There are many things to say about this blog post in general and many of them are already addressed here on Reddit.

However, Feathercoin would have to do something to develop a distributed set of ASICs to prevent take over of the network by big actors. This could be done by open hardware development of a combined “Merchant solution” which included an ASIC miner set up.

This could give the wider distribution of small miners that is needed for a secure long term system and be something merchants could easily set up.

I have always loved this idea. And you said to me ages ago that what we needed was some open source hardware, maybe that’s the next step and what’s stopping this industry from moving forward is the proprietary nature of the mining equipment itself.

Hello friends,

As some of you may know MadBitcoins has been raising funds for me to go to Bitcoin in the Beltway in Washington DC next week.

I am not very good at asking for money so some kind people who seem to like what I have to say about all things crypto have sent me 2.82 Bitcoins which should be enough for me to book some tickets.

When I am there I am available for requests, we have some interviews lined up with people like Andreas, Will, Kristov and the usual suspects but this will be the first time all of us will be together in the same place.

I think one of the things Feathercoin needs is more of a presence outside of this forum. I know this has been said before most recently by Svenn. That is why I regularly appear on World Crypto Network often with the Feathercoin logo. I try to tweet out the link out on @Feathercoin. I appear most Friday’s on the Bitcoin Group which is like a panel discussion. But my favourite format is the Bitcoin Talk Show on Wednesdays which is more interactive and involves audience participation.

Thom (MadBitcoins) has offered us a slot on the weekly network, something like This Week in Feathercoin, I would prefer it if it were more open ended and supportive of all crypto network but feature members of this community. One of the things I love so much about this place is that we don’t hate on other coins. So if anyone would like to collaborate or fancies a go at a live hangout please shoot me an email.

tl;dr: GHash.IO shows that the economic incentives behind Bitcoin are probably very flawed, it might take a disaster to get the consensus to fix it, and if that happens I want to make sure I can pay my rent and buy food while we’re fixing it.

Bitcoin developer Peter Todd is selling half of his coins because GHash.IO is approaching 50% of the hashrate.

I have said many times that the incentive engineering within Bitcoin was the one part that Satoshi was most unsure of and probably needs the most attention. I think of all the coins out there Feathercoin has probably done more to try and address this than others particularly as our founders were miners themselves.

Peter’s points are:

1. Eliminate pools.

2. Provide a way for miners to solo-mine with low varience and frequent mining payouts even with only small amounts of hashing power.

3. Get rid of ASICs.

CEX.io have made a tweet indicating they are aware of the problem and stating that their intention is not to gain 51% of the network. There is this article in Coindesk in anticipation of a formal statement.

In other mining news we have had an incident of selfish mining at Eligius Mining Pool. One of the oldest Bitcoin mining pools is refusing to pay one of its members because they claim the individual was involved in a block withholding attack.

This forum has some of the smartest people around and I would like to hear your thoughts. I would also to know if anyone has a view on the Nothing at Stake problem with PoS coins.

Very cool, good work Ghostlander.

Check it out, starting in a few mins. Let us know if you have questions, you can call in on Skype: youtu.be/_pBh2Gi4hAA

I was thinking of doing something the same based on 90+ day coin age.

I am mistaken, it was @Vizay who setup the Trello :)

Is this like the Bilderberg meeting? :)