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jadeddrag

119 karma · joined July 3, 2013

I am JadeddRag.
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jadeddrag··on The bitcoin mining algorithm from a programmer's viewpoint
Since the difficulty is the proportion to the amount of time over or under two weeks the previous 2016 blocks took to find, it's a deterministic calculation that other nodes use to accept and validate each new block. And since it's in the best interest of nodes to keep the longest chain of blocks, it's not in their interest to break this rule. (or they will end up on an abandoned blockchain fork)
jadeddrag··on The bitcoin mining algorithm from a programmer's viewpoint
"What is the formula for difficulty? difficulty = maximum_target / current_target (target is a 256 bit number)"

source: https://en.bitcoin.it/wiki/Difficulty

jadeddrag··on Bitcoin hits $350
Do you mean like the dozens of "altcoins"? (Here is an incomplete list: http://altcoins.com)
jadeddrag··on Bitcoin hits $350
And now edging up to the $400 wall, in only a few hours.
jadeddrag··on NY US Attorney: $28M in bitcoins seized
Technically, yes. However it's very unlikely because the consensus does not want to go down the slippery slope of politics.
jadeddrag··on FBI Says It's Seized $28.5 Million in Bitcoins From Ross Ulbricht
It's still a large enough volume that it would be in their best interest to sell slow enough as to not flood the market and lower the value. Of course, I am assuming they'd want to maximize the return?
jadeddrag··on FBI Says It's Seized $28.5 Million in Bitcoins From Ross Ulbricht
What if the defendant is found not to be guilty? Will the courts return the actual bitcoin, or the value of the bitcoin in USD? If USD, what date/time valuation would they use?
jadeddrag··on FBI Says It's Seized $28.5 Million in Bitcoins From Ross Ulbricht
With the highly fluctuating value of bitcoin, who chooses WHEN to sell? And if the FBI must preserve it as evidence until all legal issues are resolved, it could be worth much more, or maybe nothing.
jadeddrag··on Bitcoin network surpasses 3 PH/s
The Chinese are switching on their new lower-powered ASIC mining rigs.
jadeddrag··on China's State Press Calls for 'Building a de-Americanized World'
Another thing to consider is that most bitcoin mining and now the biggest exchange market are both in China.
jadeddrag··on Average investor vs Bitcoin
The author of this article missed a few easy ways to buy bitcoins using cash.
jadeddrag··on FBI raids alleged online drug market Silk Road, arrests owner
Reuters reporting seems to confirm the news http://www.reuters.com/article/2013/10/02/us-crime-silkroad-...
jadeddrag··on FAA to lift mobile shut-down rule
If this really were a problem, don't you think the bad guys would have already exploited this to cause terror?
jadeddrag··on FAA to lift mobile shut-down rule
I'm probably not the only one who does not mind putting the phone in "airplane mode" (which I do anyway), but it is the stupid "must be powered all the way off" that bugs the hell out of me. I just want to listen to my music!
jadeddrag··on Ask HN: How to become smarter?
All great advise. One thing about reddit that many may not realize, did you know that you can subscribe to specific subreddit groups? And your front page is customized to you, based on your subscriptions.
jadeddrag··on Milton Friedman predicts the invention of Bitcoin in 1999
I get what you're trying to imply, but I believe you're wrong. Most everyone knows by now that all bitcoin transactions must be public, but there is nothing in the bitcoin protocol that identifies who's who. Or even where (geographically speaking) a transaction originated.
jadeddrag··on A War Game for Coders
Just in case you haven't tried, and are interested, getting bitcoin really isn't that hard. If you are in a large city, I recommend localbitcoins.com.
jadeddrag··on Try Bitcoin
There is also the option of localbitcoins.com to sell to people anonymously (but in person). Or you can use the bitcoin-otc irc channel.
jadeddrag··on Polyphasic Sleep
I've tried this for a few months, and cannot recommend it. One of the only things I really enjoyed was how vivid the dreams were. However even after the experiment, I found it difficult to stay awake during important parts of the day, and felt like I could easily slip back into the polyphasic cycle.
jadeddrag··on Ebay sponsored video analysis of bitcoin.
The video ends with the message "brought to you by ebay deals".
jadeddrag··on What is Bitmessage? (and how this anti-PRISM messaging system works) [videos]
If you try bitmessage and want to chat with someone, send me a message and I'll reply with a riddle:

BM-2D98T1k1yAARYtV2B8p3cFCvrUGWWjUofC

jadeddrag··on Device Nags You to Sit Up Straight
$150 is a bit pricey. Have you tried it?
jadeddrag··on Mega to run ‘cutting-edge’ encrypted email
I think you're looking for bitmessage which is an email replacement that hides the header and content, and is inspired by bitcoin.
jadeddrag··on Android RNG Weakness Renders Bitcoin Wallets Insecure
It is very likely that the bitcoin community would be the first to stumble onto a crypto bug in SecureRandom. Google should thank that community for their discovery.
jadeddrag··on Tesla Nabs 8% of the U.S. Luxury Car Market
A pure electric vehicle to get myself to and from work is perfectly practical, and would save me lots of gas money. A bonus is that it's sexy looking, America made, hacker-friendly and a blast to drive. As soon as I can afford it, I'll buy one.
jadeddrag··on Khan Academy now accepts Bitcoin via Coinbase
The easiest way is to purchase bitcoin from a friend or coworker. Hand them cash, and they should be happy to show you how to download a wallet app, and send you some bitcoin.
jadeddrag··on Reddit, Mozilla to stage Fourth of July protest against NSA spying
Great idea in the comments about switching your phone to airplane mode.
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