Bit coin links and Greg's presentation notes.

Hello All, Here is some more information from Greg's note at last Friday's presentation. I'd also like to thank Greg for volunteering to talk and for such a well presented and technical topic. Seeing the data miner in action was also a bonus. Attached is the email that Greg sent to Bruce and myself earlier this week. It seems as though there is plenty more reading on the topic. I've also loaded Greg's presentation to google docs so that those that weren't at the meeting can appreciate the presentation. <quote> Hi Chris, Bruce, as discussed here's the slideshow and talk-notes from last night I promised I'd send to you to forward on to relevant people, (group-wide bounced me on the email size limit). Also here's a list of relevant links as requested; Project home page http://www.bitcoin.org/ Wiki Main_Page https://en.bitcoin.it/wiki/Main_Page Network status live feed http://www.bitcoinwatch.com/ Forum https://forum.bitcoin.org/ Layman promo video site http://www.weusecoins.com/ Instawallet (web wallet) https://www.instawallet.org API -reference pages https://en.bitcoin.it/wiki/API_reference_(JSON-RPC) https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_Calls_list Monetary theory - Austrian economics http://www.libertariannews.org/2011/06/18/the-economics-of-bitcoin-how-bitco... http://austrianeconomists.typepad.com/weblog/2009/05/the-best-of-modern-aust... http://mises.org/journals/qjae/pdf/qjae9_4_5.pdf http://en.wikipedia.org/wiki/Austrian_School http://mises.org/ Szabo bitgold post http://unenumerated.blogspot.com/2005/12/bit-gold.html Namecoin, distributed DNS Dot-bit project homepage http://dot-bit.org/Main_Page Feel free to email me for further links or information. Cheers, Greg B. Link to Greg's Bit Coin presentation<https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=1ggO7B5SXBQXJHXQBBda2uuR4vrSTSKAiuAD6SGExnUy3VlIjcZUlc7KcJK-k&hl=en_US&authkey=CPDnuIsB> Link to Gregs' presentation notes<https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=1SqdoXYL8YkHBf0lal-XDfC6xxPFzvpU4YLOQnXWu49dWtOgCRcmYUvdkrsbY&hl=en_US&authkey=CKanrrwO> </quote>

Hi All. I didn't make it to the presentation, but I downloaded the bitcoin software and tried it out. It pretty much rendered my pc un-usable after a couple of mins until I managed to close it via the file menu. Some how it caused my machine to swap like hell, and xorg ended up using several gigs of ram, see the top image attached. My pc is reasonably powerful, 6 gig ram, quad core cpu etc. running ubuntu 11.04, a 1gb gfx card so I wouldn't expect this to cause it to act like a lemon. Any one got any ideas, I ran the 64 bit gui version from the source forge site... cheers On Thu, Jun 30, 2011 at 1:25 PM, Chris O'Halloran <cmoman(a)gmail.com> wrote:
Hello All,
Here is some more information from Greg's note at last Friday's presentation.
I'd also like to thank Greg for volunteering to talk and for such a well presented and technical topic. Seeing the data miner in action was also a bonus.
Attached is the email that Greg sent to Bruce and myself earlier this week. It seems as though there is plenty more reading on the topic.
I've also loaded Greg's presentation to google docs so that those that weren't at the meeting can appreciate the presentation.
<quote>
Hi Chris, Bruce,
as discussed here's the slideshow and talk-notes from last night I promised I'd send to you to forward on to relevant people, (group-wide bounced me on the email size limit).
Also here's a list of relevant links as requested;
Project home page http://www.bitcoin.org/
Wiki Main_Page https://en.bitcoin.it/wiki/Main_Page
Network status live feed http://www.bitcoinwatch.com/
Forum https://forum.bitcoin.org/
Layman promo video site http://www.weusecoins.com/
Instawallet (web wallet) https://www.instawallet.org
API -reference pages https://en.bitcoin.it/wiki/API_reference_(JSON-RPC) https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_Calls_list
Monetary theory - Austrian economics
http://www.libertariannews.org/2011/06/18/the-economics-of-bitcoin-how-bitco...
http://austrianeconomists.typepad.com/weblog/2009/05/the-best-of-modern-aust... http://mises.org/journals/qjae/pdf/qjae9_4_5.pdf http://en.wikipedia.org/wiki/Austrian_School http://mises.org/
Szabo bitgold post http://unenumerated.blogspot.com/2005/12/bit-gold.html
Namecoin, distributed DNS Dot-bit project homepage http://dot-bit.org/Main_Page
Feel free to email me for further links or information.
Cheers,
Greg B.
Link to Greg's Bit Coin presentation<https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=1ggO7B5SXBQXJHXQBBda2uuR4vrSTSKAiuAD6SGExnUy3VlIjcZUlc7KcJK-k&hl=en_US&authkey=CPDnuIsB>
Link to Gregs' presentation notes<https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=1SqdoXYL8YkHBf0lal-XDfC6xxPFzvpU4YLOQnXWu49dWtOgCRcmYUvdkrsbY&hl=en_US&authkey=CKanrrwO>
</quote>
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-- -- Rob

http://spectrum.ieee.org/telecom/internet/ripple-credit-system-could-help-or... On Thu, 30 Jun 2011 18:25:55 +1200, Rob Brown-Bayliss wrote:
Hi All.
I didn't make it to the presentation, but I downloaded the bitcoin software and tried it out. It pretty much rendered my pc un-usable after a couple of mins until I managed to close it via the file menu. Some how it caused my machine to swap like hell, and xorg ended up using several gigs of ram, see the top image attached.
My pc is reasonably powerful, 6 gig ram, quad core cpu etc. running ubuntu 11.04, a 1gb gfx card so I wouldn't expect this to cause it to act like a lemon.
Any one got any ideas, I ran the 64 bit gui version from the source forge site...
cheers
On Thu, Jun 30, 2011 at 1:25 PM, Chris O'Halloran wrote:
Hello All,
Here is some more information from Greg's note at last Friday's presentation.
I'd also like to thank Greg for volunteering to talk and for such a well presented and technical topic. Seeing the data miner in action was also a bonus.
Attached is the email that Greg sent to Bruce and myself earlier this week. It seems as though there is plenty more reading on the topic.
I've also loaded Greg's presentation to google docs so that those that weren't at the meeting can appreciate the presentation.
Hi Chris, Bruce,
as discussed here's the slideshow and talk-notes from last night I promised I'd send to you to forward on to relevant people, (group-wide bounced me on the email size limit).
Also here's a list of relevant links as requested;
Project home page http://www.bitcoin.org/ [1]
Wiki Main_Page https://en.bitcoin.it/wiki/Main_Page [2]
Network status live feed http://www.bitcoinwatch.com/ [3]
Forum https://forum.bitcoin.org/ [4]
Layman promo video site http://www.weusecoins.com/ [5]
Instawallet (web wallet) https://www.instawallet.org [6]
API -reference pages https://en.bitcoin.it/wiki/API_reference_(JSON-RPC) [7] https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_Calls_list [8]
Monetary theory - Austrian economics
http://www.libertariannews.org/2011/06/18/the-economics-of-bitcoin-how-bitco...
[9]
http://austrianeconomists.typepad.com/weblog/2009/05/the-best-of-modern-aust...
[10] http://mises.org/journals/qjae/pdf/qjae9_4_5.pdf [11] http://en.wikipedia.org/wiki/Austrian_School [12] http://mises.org/ [13]
Szabo bitgold post http://unenumerated.blogspot.com/2005/12/bit-gold.html [14]
Namecoin, distributed DNS Dot-bit project homepage http://dot-bit.org/Main_Page [15]
Feel free to email me for further links or information.
Cheers,
Greg B.
Link to Greg's Bit Coin presentation [16]
Link to Gregs' presentation notes [17]
_______________________________________________ wlug mailing list | wlug(a)list.waikato.ac.nz [18] Unsubscribe: http://list.waikato.ac.nz/mailman/listinfo/wlug [19]
-- --
Rob
Links: ------ [1] http://www.bitcoin.org/ [2] https://en.bitcoin.it/wiki/Main_Page [3] http://www.bitcoinwatch.com/ [4] https://forum.bitcoin.org/ [5] http://www.weusecoins.com/ [6] https://www.instawallet.org/ [7] https://en.bitcoin.it/wiki/API_reference_%28JSON-RPC%29 [8] https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_Calls_list [9]
http://www.libertariannews.org/2011/06/18/the-economics-of-bitcoin-how-bitco... [10]
http://austrianeconomists.typepad.com/weblog/2009/05/the-best-of-modern-aust... [11] http://mises.org/journals/qjae/pdf/qjae9_4_5.pdf [12] http://en.wikipedia.org/wiki/Austrian_School [13] http://mises.org/ [14] http://unenumerated.blogspot.com/2005/12/bit-gold.html [15] http://dot-bit.org/Main_Page [16]
https://docs.google.com/viewer?a=v|+|amp|+|pid=explorer|+|amp|+|chrome=true|+|amp|+|srcid=1SqdoXYL8YkHBf0lal-XDfC6xxPFzvpU4YLOQnXWu49dWtOgCRcmYUvdkrsbY|+|amp|+|hl=en_US|+|amp|+|authkey=CKanrrwO [18] mailto:wlug(a)list.waikato.ac.nz [19] http://list.waikato.ac.nz/mailman/listinfo/wlug [20] mailto:cmoman(a)gmail.com

Finally, managed to get this link through. :) On Fri, 25 Jan 2013 10:36:56 +1300, mailinglist wrote:
http://spectrum.ieee.org/telecom/internet/ripple-credit-system-could-help-or...
On Thu, 30 Jun 2011 18:25:55 +1200, Rob Brown-Bayliss wrote:
Hi All.
I didn't make it to the presentation, but I downloaded the bitcoin software and tried it out. It pretty much rendered my pc un-usable after a couple of mins until I managed to close it via the file menu. Some how it caused my machine to swap like hell, and xorg ended up using several gigs of ram, see the top image attached.
My pc is reasonably powerful, 6 gig ram, quad core cpu etc. running ubuntu 11.04, a 1gb gfx card so I wouldn't expect this to cause it to act like a lemon.
Any one got any ideas, I ran the 64 bit gui version from the source forge site...
cheers
On Thu, Jun 30, 2011 at 1:25 PM, Chris O'Halloran wrote:
Hello All,
Here is some more information from Greg's note at last Friday's presentation.
I'd also like to thank Greg for volunteering to talk and for such a well presented and technical topic. Seeing the data miner in action was also a bonus.
Attached is the email that Greg sent to Bruce and myself earlier this week. It seems as though there is plenty more reading on the topic.
I've also loaded Greg's presentation to google docs so that those that weren't at the meeting can appreciate the presentation.
Hi Chris, Bruce,
as discussed here's the slideshow and talk-notes from last night I promised I'd send to you to forward on to relevant people, (group-wide bounced me on the email size limit).
Also here's a list of relevant links as requested;
Project home page http://www.bitcoin.org/ [1]
Wiki Main_Page https://en.bitcoin.it/wiki/Main_Page [2]
Network status live feed http://www.bitcoinwatch.com/ [3]
Forum https://forum.bitcoin.org/ [4]
Layman promo video site http://www.weusecoins.com/ [5]
Instawallet (web wallet) https://www.instawallet.org [6]
API -reference pages https://en.bitcoin.it/wiki/API_reference_(JSON-RPC) [7] https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_Calls_list [8]
Monetary theory - Austrian economics
http://www.libertariannews.org/2011/06/18/the-economics-of-bitcoin-how-bitco...
[9]
http://austrianeconomists.typepad.com/weblog/2009/05/the-best-of-modern-aust...
[10] http://mises.org/journals/qjae/pdf/qjae9_4_5.pdf [11] http://en.wikipedia.org/wiki/Austrian_School [12] http://mises.org/ [13]
Szabo bitgold post http://unenumerated.blogspot.com/2005/12/bit-gold.html [14]
Namecoin, distributed DNS Dot-bit project homepage http://dot-bit.org/Main_Page [15]
Feel free to email me for further links or information.
Cheers,
Greg B.
Link to Greg's Bit Coin presentation [16]
Link to Gregs' presentation notes [17]
_______________________________________________ wlug mailing list | wlug(a)list.waikato.ac.nz [18] Unsubscribe: http://list.waikato.ac.nz/mailman/listinfo/wlug [19]
-- --
Rob
Links: ------ [1] http://www.bitcoin.org/ [2] https://en.bitcoin.it/wiki/Main_Page [3] http://www.bitcoinwatch.com/ [4] https://forum.bitcoin.org/ [5] http://www.weusecoins.com/ [6] https://www.instawallet.org/ [7] https://en.bitcoin.it/wiki/API_reference_%28JSON-RPC%29 [8] https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_Calls_list [9]
http://www.libertariannews.org/2011/06/18/the-economics-of-bitcoin-how-bitco... [10]
http://austrianeconomists.typepad.com/weblog/2009/05/the-best-of-modern-aust... [11] http://mises.org/journals/qjae/pdf/qjae9_4_5.pdf [12] http://en.wikipedia.org/wiki/Austrian_School [13] http://mises.org/ [14] http://unenumerated.blogspot.com/2005/12/bit-gold.html [15] http://dot-bit.org/Main_Page [16]
https://docs.google.com/viewer?a=v|+|amp|+|pid=explorer|+|amp|+|chrome=true|+|amp|+|srcid=1SqdoXYL8YkHBf0lal-XDfC6xxPFzvpU4YLOQnXWu49dWtOgCRcmYUvdkrsbY|+|amp|+|hl=en_US|+|amp|+|authkey=CKanrrwO [18] mailto:wlug(a)list.waikato.ac.nz [19] http://list.waikato.ac.nz/mailman/listinfo/wlug [20] mailto:cmoman(a)gmail.com
_______________________________________________ wlug mailing list | wlug(a)list.waikato.ac.nz Unsubscribe: http://list.waikato.ac.nz/mailman/listinfo/wlug

Is this guy in the thread below (30/06/2011) (who was that btw?) still having trouble running the bitcoin client? I've never heard of any runaway, machine-killing process associated with bitcoin before ... except for intentionally setting off a mining job :) cheers. On Fri, 2013-01-25 at 10:36 +1300, mailinglist wrote:
http://spectrum.ieee.org/telecom/internet/ripple-credit-system-could-help-or...
On Thu, 30 Jun 2011 18:25:55 +1200, Rob Brown-Bayliss wrote:
Hi All.
I didn't make it to the presentation, but I downloaded the bitcoin software and tried it out. It pretty much rendered my pc un-usable after a couple of mins until I managed to close it via the file menu. Some how it caused my machine to swap like hell, and xorg ended up using several gigs of ram, see the top image attached.
My pc is reasonably powerful, 6 gig ram, quad core cpu etc. running ubuntu 11.04, a 1gb gfx card so I wouldn't expect this to cause it to act like a lemon.
Any one got any ideas, I ran the 64 bit gui version from the source forge site...
cheers
On Thu, Jun 30, 2011 at 1:25 PM, Chris O'Halloran wrote:
Hello All,
Here is some more information from Greg's note at last Friday's presentation.
I'd also like to thank Greg for volunteering to talk and for such a well presented and technical topic. Seeing the data miner in action was also a bonus.
Attached is the email that Greg sent to Bruce and myself earlier this week. It seems as though there is plenty more reading on the topic.
I've also loaded Greg's presentation to google docs so that those that weren't at the meeting can appreciate the presentation.
Hi Chris, Bruce,
as discussed here's the slideshow and talk-notes from last night I promised I'd send to you to forward on to relevant people, (group-wide bounced me on the email size limit).
Also here's a list of relevant links as requested;
Project home page http://www.bitcoin.org/ [1]
Wiki Main_Page https://en.bitcoin.it/wiki/Main_Page [2]
Network status live feed http://www.bitcoinwatch.com/ [3]
Forum https://forum.bitcoin.org/ [4]
Layman promo video site http://www.weusecoins.com/ [5]
Instawallet (web wallet) https://www.instawallet.org [6]
API -reference pages https://en.bitcoin.it/wiki/API_reference_(JSON-RPC) [7] https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_Calls_list [8]
Monetary theory - Austrian economics
http://www.libertariannews.org/2011/06/18/the-economics-of-bitcoin-how-bitco...
[9]
http://austrianeconomists.typepad.com/weblog/2009/05/the-best-of-modern-aust...
[10] http://mises.org/journals/qjae/pdf/qjae9_4_5.pdf [11] http://en.wikipedia.org/wiki/Austrian_School [12] http://mises.org/ [13]
Szabo bitgold post http://unenumerated.blogspot.com/2005/12/bit-gold.html [14]
Namecoin, distributed DNS Dot-bit project homepage http://dot-bit.org/Main_Page [15]
Feel free to email me for further links or information.
Cheers,
Greg B.
Link to Greg's Bit Coin presentation [16]
Link to Gregs' presentation notes [17]
_______________________________________________ wlug mailing list | wlug(a)list.waikato.ac.nz [18] Unsubscribe: http://list.waikato.ac.nz/mailman/listinfo/wlug [19]
-- --
Rob
Links: ------ [1] http://www.bitcoin.org/ [2] https://en.bitcoin.it/wiki/Main_Page [3] http://www.bitcoinwatch.com/ [4] https://forum.bitcoin.org/ [5] http://www.weusecoins.com/ [6] https://www.instawallet.org/ [7] https://en.bitcoin.it/wiki/API_reference_%28JSON-RPC%29 [8] https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_Calls_list [9]
http://www.libertariannews.org/2011/06/18/the-economics-of-bitcoin-how-bitco... [10]
http://austrianeconomists.typepad.com/weblog/2009/05/the-best-of-modern-aust... [11] http://mises.org/journals/qjae/pdf/qjae9_4_5.pdf [12] http://en.wikipedia.org/wiki/Austrian_School [13] http://mises.org/ [14] http://unenumerated.blogspot.com/2005/12/bit-gold.html [15] http://dot-bit.org/Main_Page [16]
https://docs.google.com/viewer?a=v|+|amp|+|pid=explorer|+|amp|+|chrome=true|+|amp|+|srcid=1SqdoXYL8YkHBf0lal-XDfC6xxPFzvpU4YLOQnXWu49dWtOgCRcmYUvdkrsbY|+|amp|+|hl=en_US|+|amp|+|authkey=CKanrrwO [18] mailto:wlug(a)list.waikato.ac.nz [19] http://list.waikato.ac.nz/mailman/listinfo/wlug [20] mailto:cmoman(a)gmail.com
_______________________________________________ wlug mailing list | wlug(a)list.waikato.ac.nz Unsubscribe: http://list.waikato.ac.nz/mailman/listinfo/wlug

I tried to run bitcoin again recently, for about the first time in a year. It slowed down my machine (3ghz dual core, 2gb ram) to a crawl for the entire time it was running. I left it three days except for shutting down occasionally so I could do other things, and finally gave up waiting. I have 4.5GB of blockchain and it's still not up to date. The last time I ran it was no problem at all and caught up from nothing in less than an hour, but the current version is HORRIBLE. On 25 January 2013 13:07, GJB <kiwigb(a)yahoo.com> wrote:
Is this guy in the thread below (30/06/2011) (who was that btw?) still having trouble running the bitcoin client? I've never heard of any runaway, machine-killing process associated with bitcoin before ... except for intentionally setting off a mining job :)
cheers.
On Fri, 2013-01-25 at 10:36 +1300, mailinglist wrote:
http://spectrum.ieee.org/telecom/internet/ripple-credit-system-could-help-or...
On Thu, 30 Jun 2011 18:25:55 +1200, Rob Brown-Bayliss wrote:
Hi All.
I didn't make it to the presentation, but I downloaded the bitcoin software and tried it out. It pretty much rendered my pc un-usable after a couple of mins until I managed to close it via the file menu. Some how it caused my machine to swap like hell, and xorg ended up using several gigs of ram, see the top image attached.
My pc is reasonably powerful, 6 gig ram, quad core cpu etc. running ubuntu 11.04, a 1gb gfx card so I wouldn't expect this to cause it to act like a lemon.
Any one got any ideas, I ran the 64 bit gui version from the source forge site...
cheers
On Thu, Jun 30, 2011 at 1:25 PM, Chris O'Halloran wrote:
Hello All,
Here is some more information from Greg's note at last Friday's presentation.
I'd also like to thank Greg for volunteering to talk and for such a well presented and technical topic. Seeing the data miner in action was also a bonus.
Attached is the email that Greg sent to Bruce and myself earlier this week. It seems as though there is plenty more reading on the topic.
I've also loaded Greg's presentation to google docs so that those that weren't at the meeting can appreciate the presentation.
Hi Chris, Bruce,
as discussed here's the slideshow and talk-notes from last night I promised I'd send to you to forward on to relevant people, (group-wide bounced me on the email size limit).
Also here's a list of relevant links as requested;
Project home page http://www.bitcoin.org/ [1]
Wiki Main_Page https://en.bitcoin.it/wiki/Main_Page [2]
Network status live feed http://www.bitcoinwatch.com/ [3]
Forum https://forum.bitcoin.org/ [4]
Layman promo video site http://www.weusecoins.com/ [5]
Instawallet (web wallet) https://www.instawallet.org [6]
API -reference pages https://en.bitcoin.it/wiki/API_reference_(JSON-RPC) [7] https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_Calls_list [8]
Monetary theory - Austrian economics
http://www.libertariannews.org/2011/06/18/the-economics-of-bitcoin-how-bitco...
[9]
http://austrianeconomists.typepad.com/weblog/2009/05/the-best-of-modern-aust...
[10] http://mises.org/journals/qjae/pdf/qjae9_4_5.pdf [11] http://en.wikipedia.org/wiki/Austrian_School [12] http://mises.org/ [13]
Szabo bitgold post http://unenumerated.blogspot.com/2005/12/bit-gold.html [14]
Namecoin, distributed DNS Dot-bit project homepage http://dot-bit.org/Main_Page [15]
Feel free to email me for further links or information.
Cheers,
Greg B.
Link to Greg's Bit Coin presentation [16]
Link to Gregs' presentation notes [17]
_______________________________________________ wlug mailing list | wlug(a)list.waikato.ac.nz [18] Unsubscribe: http://list.waikato.ac.nz/mailman/listinfo/wlug [19]
-- --
Rob
Links: ------ [1] http://www.bitcoin.org/ [2] https://en.bitcoin.it/wiki/Main_Page [3] http://www.bitcoinwatch.com/ [4] https://forum.bitcoin.org/ [5] http://www.weusecoins.com/ [6] https://www.instawallet.org/ [7] https://en.bitcoin.it/wiki/API_reference_%28JSON-RPC%29 [8] https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_Calls_list [9]
http://www.libertariannews.org/2011/06/18/the-economics-of-bitcoin-how-bitco... [10]
http://austrianeconomists.typepad.com/weblog/2009/05/the-best-of-modern-aust... [11] http://mises.org/journals/qjae/pdf/qjae9_4_5.pdf [12] http://en.wikipedia.org/wiki/Austrian_School [13] http://mises.org/ [14] http://unenumerated.blogspot.com/2005/12/bit-gold.html [15] http://dot-bit.org/Main_Page [16]
https://docs.google.com/viewer?a=v|+|amp|+|pid=explorer|+|amp|+|chrome=true|+|amp|+|srcid=1SqdoXYL8YkHBf0lal-XDfC6xxPFzvpU4YLOQnXWu49dWtOgCRcmYUvdkrsbY|+|amp|+|hl=en_US|+|amp|+|authkey=CKanrrwO [18] mailto:wlug(a)list.waikato.ac.nz [19] http://list.waikato.ac.nz/mailman/listinfo/wlug [20] mailto:cmoman(a)gmail.com
_______________________________________________ wlug mailing list | wlug(a)list.waikato.ac.nz Unsubscribe: http://list.waikato.ac.nz/mailman/listinfo/wlug
_______________________________________________ wlug mailing list | wlug(a)list.waikato.ac.nz Unsubscribe: http://list.waikato.ac.nz/mailman/listinfo/wlug

To quote (http://en.wikipedia.org/wiki/Bitcoin) quote-start The network as of 2012 required over one million times more work for confirming a block and receiving an award (25 BTC starting from 28 November 2012^<http://en.wikipedia.org/wiki/Bitcoin#cite_note-50> ) than when the first blocks were confirmed.^The network adjusts the difficulty every 2016 blocks based on the time taken to find the previous 2016 blocks such that one block is created roughly every 10 minutes. end-of-quote On 26/01/13 10:01, Bruce Kingsbury wrote:
I tried to run bitcoin again recently, for about the first time in a year. It slowed down my machine (3ghz dual core, 2gb ram) to a crawl for the entire time it was running. I left it three days except for shutting down occasionally so I could do other things, and finally gave up waiting. I have 4.5GB of blockchain and it's still not up to date. The last time I ran it was no problem at all and caught up from nothing in less than an hour, but the current version is HORRIBLE.
On 25 January 2013 13:07, GJB <kiwigb(a)yahoo.com> wrote:
Is this guy in the thread below (30/06/2011) (who was that btw?) still having trouble running the bitcoin client? I've never heard of any runaway, machine-killing process associated with bitcoin before ... except for intentionally setting off a mining job :)
cheers.
On Fri, 2013-01-25 at 10:36 +1300, mailinglist wrote:
http://spectrum.ieee.org/telecom/internet/ripple-credit-system-could-help-or...
On Thu, 30 Jun 2011 18:25:55 +1200, Rob Brown-Bayliss wrote:
Hi All.
I didn't make it to the presentation, but I downloaded the bitcoin software and tried it out. It pretty much rendered my pc un-usable after a couple of mins until I managed to close it via the file menu. Some how it caused my machine to swap like hell, and xorg ended up using several gigs of ram, see the top image attached.
My pc is reasonably powerful, 6 gig ram, quad core cpu etc. running ubuntu 11.04, a 1gb gfx card so I wouldn't expect this to cause it to act like a lemon.
Any one got any ideas, I ran the 64 bit gui version from the source forge site...
cheers
On Thu, Jun 30, 2011 at 1:25 PM, Chris O'Halloran wrote:
Hello All,
Here is some more information from Greg's note at last Friday's presentation.
I'd also like to thank Greg for volunteering to talk and for such a well presented and technical topic. Seeing the data miner in action was also a bonus.
Attached is the email that Greg sent to Bruce and myself earlier this week. It seems as though there is plenty more reading on the topic.
I've also loaded Greg's presentation to google docs so that those that weren't at the meeting can appreciate the presentation.
Hi Chris, Bruce,
as discussed here's the slideshow and talk-notes from last night I promised I'd send to you to forward on to relevant people, (group-wide bounced me on the email size limit).
Also here's a list of relevant links as requested;
Project home page http://www.bitcoin.org/ [1]
Wiki Main_Page https://en.bitcoin.it/wiki/Main_Page [2]
Network status live feed http://www.bitcoinwatch.com/ [3]
Forum https://forum.bitcoin.org/ [4]
Layman promo video site http://www.weusecoins.com/ [5]
Instawallet (web wallet) https://www.instawallet.org [6]
API -reference pages https://en.bitcoin.it/wiki/API_reference_(JSON-RPC) [7] https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_Calls_list [8]
Monetary theory - Austrian economics
http://www.libertariannews.org/2011/06/18/the-economics-of-bitcoin-how-bitco...
[9]
http://austrianeconomists.typepad.com/weblog/2009/05/the-best-of-modern-aust...
[10] http://mises.org/journals/qjae/pdf/qjae9_4_5.pdf [11] http://en.wikipedia.org/wiki/Austrian_School [12] http://mises.org/ [13]
Szabo bitgold post http://unenumerated.blogspot.com/2005/12/bit-gold.html [14]
Namecoin, distributed DNS Dot-bit project homepage http://dot-bit.org/Main_Page [15]
Feel free to email me for further links or information.
Cheers,
Greg B.
Link to Greg's Bit Coin presentation [16]
Link to Gregs' presentation notes [17]
_______________________________________________ wlug mailing list | wlug(a)list.waikato.ac.nz [18] Unsubscribe: http://list.waikato.ac.nz/mailman/listinfo/wlug [19] -- --
Rob
Links: ------ [1] http://www.bitcoin.org/ [2] https://en.bitcoin.it/wiki/Main_Page [3] http://www.bitcoinwatch.com/ [4] https://forum.bitcoin.org/ [5] http://www.weusecoins.com/ [6] https://www.instawallet.org/ [7] https://en.bitcoin.it/wiki/API_reference_%28JSON-RPC%29 [8] https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_Calls_list [9]
http://www.libertariannews.org/2011/06/18/the-economics-of-bitcoin-how-bitco... [10]
http://austrianeconomists.typepad.com/weblog/2009/05/the-best-of-modern-aust... [11] http://mises.org/journals/qjae/pdf/qjae9_4_5.pdf [12] http://en.wikipedia.org/wiki/Austrian_School [13] http://mises.org/ [14] http://unenumerated.blogspot.com/2005/12/bit-gold.html [15] http://dot-bit.org/Main_Page [16]
https://docs.google.com/viewer?a=v|+|amp|+|pid=explorer|+|amp|+|chrome=true|+|amp|+|srcid=1SqdoXYL8YkHBf0lal-XDfC6xxPFzvpU4YLOQnXWu49dWtOgCRcmYUvdkrsbY|+|amp|+|hl=en_US|+|amp|+|authkey=CKanrrwO [18] mailto:wlug(a)list.waikato.ac.nz [19] http://list.waikato.ac.nz/mailman/listinfo/wlug [20] mailto:cmoman(a)gmail.com
wlug mailing list | wlug(a)list.waikato.ac.nz Unsubscribe: http://list.waikato.ac.nz/mailman/listinfo/wlug
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I'm not MINING though.. just trying to find out if someone sent a few bitcoin since the last time I ran it. On 26 January 2013 11:18, Wolfgang <wv99999(a)gmail.com> wrote:
To quote (http://en.wikipedia.org/wiki/Bitcoin) quote-start The network as of 2012 required over one million times more work for confirming a block and receiving an award (25 BTC starting from 28 November 2012) than when the first blocks were confirmed. The network adjusts the difficulty every 2016 blocks based on the time taken to find the previous 2016 blocks such that one block is created roughly every 10 minutes. end-of-quote
On 26/01/13 10:01, Bruce Kingsbury wrote:
I tried to run bitcoin again recently, for about the first time in a year. It slowed down my machine (3ghz dual core, 2gb ram) to a crawl for the entire time it was running. I left it three days except for shutting down occasionally so I could do other things, and finally gave up waiting. I have 4.5GB of blockchain and it's still not up to date. The last time I ran it was no problem at all and caught up from nothing in less than an hour, but the current version is HORRIBLE.
On 25 January 2013 13:07, GJB <kiwigb(a)yahoo.com> wrote:
Is this guy in the thread below (30/06/2011) (who was that btw?) still having trouble running the bitcoin client? I've never heard of any runaway, machine-killing process associated with bitcoin before ... except for intentionally setting off a mining job :)
cheers.
On Fri, 2013-01-25 at 10:36 +1300, mailinglist wrote:
http://spectrum.ieee.org/telecom/internet/ripple-credit-system-could-help-or...
On Thu, 30 Jun 2011 18:25:55 +1200, Rob Brown-Bayliss wrote:
Hi All.
I didn't make it to the presentation, but I downloaded the bitcoin software and tried it out. It pretty much rendered my pc un-usable after a couple of mins until I managed to close it via the file menu. Some how it caused my machine to swap like hell, and xorg ended up using several gigs of ram, see the top image attached.
My pc is reasonably powerful, 6 gig ram, quad core cpu etc. running ubuntu 11.04, a 1gb gfx card so I wouldn't expect this to cause it to act like a lemon.
Any one got any ideas, I ran the 64 bit gui version from the source forge site...
cheers
On Thu, Jun 30, 2011 at 1:25 PM, Chris O'Halloran wrote:
Hello All,
Here is some more information from Greg's note at last Friday's presentation.
I'd also like to thank Greg for volunteering to talk and for such a well presented and technical topic. Seeing the data miner in action was also a bonus.
Attached is the email that Greg sent to Bruce and myself earlier this week. It seems as though there is plenty more reading on the topic.
I've also loaded Greg's presentation to google docs so that those that weren't at the meeting can appreciate the presentation.
Hi Chris, Bruce,
as discussed here's the slideshow and talk-notes from last night I promised I'd send to you to forward on to relevant people, (group-wide bounced me on the email size limit).
Also here's a list of relevant links as requested;
Project home page http://www.bitcoin.org/ [1]
Wiki Main_Page https://en.bitcoin.it/wiki/Main_Page [2]
Network status live feed http://www.bitcoinwatch.com/ [3]
Forum https://forum.bitcoin.org/ [4]
Layman promo video site http://www.weusecoins.com/ [5]
Instawallet (web wallet) https://www.instawallet.org [6]
API -reference pages https://en.bitcoin.it/wiki/API_reference_(JSON-RPC) [7] https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_Calls_list [8]
Monetary theory - Austrian economics
http://www.libertariannews.org/2011/06/18/the-economics-of-bitcoin-how-bitco...
[9]
http://austrianeconomists.typepad.com/weblog/2009/05/the-best-of-modern-aust...
[10] http://mises.org/journals/qjae/pdf/qjae9_4_5.pdf [11] http://en.wikipedia.org/wiki/Austrian_School [12] http://mises.org/ [13]
Szabo bitgold post http://unenumerated.blogspot.com/2005/12/bit-gold.html [14]
Namecoin, distributed DNS Dot-bit project homepage http://dot-bit.org/Main_Page [15]
Feel free to email me for further links or information.
Cheers,
Greg B.
Link to Greg's Bit Coin presentation [16]
Link to Gregs' presentation notes [17]
_______________________________________________ wlug mailing list | wlug(a)list.waikato.ac.nz [18] Unsubscribe: http://list.waikato.ac.nz/mailman/listinfo/wlug [19]
-- --
Rob
Links: ------ [1] http://www.bitcoin.org/ [2] https://en.bitcoin.it/wiki/Main_Page [3] http://www.bitcoinwatch.com/ [4] https://forum.bitcoin.org/ [5] http://www.weusecoins.com/ [6] https://www.instawallet.org/ [7] https://en.bitcoin.it/wiki/API_reference_%28JSON-RPC%29 [8] https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_Calls_list [9]
http://www.libertariannews.org/2011/06/18/the-economics-of-bitcoin-how-bitco... [10]
http://austrianeconomists.typepad.com/weblog/2009/05/the-best-of-modern-aust... [11] http://mises.org/journals/qjae/pdf/qjae9_4_5.pdf [12] http://en.wikipedia.org/wiki/Austrian_School [13] http://mises.org/ [14] http://unenumerated.blogspot.com/2005/12/bit-gold.html [15] http://dot-bit.org/Main_Page [16]
https://docs.google.com/viewer?a=v|+|amp|+|pid=explorer|+|amp|+|chrome=true|+|amp|+|srcid=1SqdoXYL8YkHBf0lal-XDfC6xxPFzvpU4YLOQnXWu49dWtOgCRcmYUvdkrsbY|+|amp|+|hl=en_US|+|amp|+|authkey=CKanrrwO [18] mailto:wlug(a)list.waikato.ac.nz [19] http://list.waikato.ac.nz/mailman/listinfo/wlug [20] mailto:cmoman(a)gmail.com
_______________________________________________ wlug mailing list | wlug(a)list.waikato.ac.nz Unsubscribe: http://list.waikato.ac.nz/mailman/listinfo/wlug
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So just for a test I'm running it again now. I checked and there isn't even the option of CPU mining any more. My load average has jumped to 2.5, it's normally around 0.1 CPU and memory used by bitcoin seem quite reasonable (both under 10%) At the moment other programs are behaving but I have bursts where everything gets painfully slow. When I type, it takes five or ten seconds for the words to appear. Firefox keeps going grey. This ONLY happens while bitcoin is running, if I stop it everything goes back to normal. On 26 January 2013 11:32, Bruce Kingsbury <zcat(a)zcat.geek.nz> wrote:
I'm not MINING though.. just trying to find out if someone sent a few bitcoin since the last time I ran it.
On 26 January 2013 11:18, Wolfgang <wv99999(a)gmail.com> wrote:
To quote (http://en.wikipedia.org/wiki/Bitcoin) quote-start The network as of 2012 required over one million times more work for confirming a block and receiving an award (25 BTC starting from 28 November 2012) than when the first blocks were confirmed. The network adjusts the difficulty every 2016 blocks based on the time taken to find the previous 2016 blocks such that one block is created roughly every 10 minutes. end-of-quote
On 26/01/13 10:01, Bruce Kingsbury wrote:
I tried to run bitcoin again recently, for about the first time in a year. It slowed down my machine (3ghz dual core, 2gb ram) to a crawl for the entire time it was running. I left it three days except for shutting down occasionally so I could do other things, and finally gave up waiting. I have 4.5GB of blockchain and it's still not up to date. The last time I ran it was no problem at all and caught up from nothing in less than an hour, but the current version is HORRIBLE.
On 25 January 2013 13:07, GJB <kiwigb(a)yahoo.com> wrote:
Is this guy in the thread below (30/06/2011) (who was that btw?) still having trouble running the bitcoin client? I've never heard of any runaway, machine-killing process associated with bitcoin before ... except for intentionally setting off a mining job :)
cheers.
On Fri, 2013-01-25 at 10:36 +1300, mailinglist wrote:
http://spectrum.ieee.org/telecom/internet/ripple-credit-system-could-help-or...
On Thu, 30 Jun 2011 18:25:55 +1200, Rob Brown-Bayliss wrote:
Hi All.
I didn't make it to the presentation, but I downloaded the bitcoin software and tried it out. It pretty much rendered my pc un-usable after a couple of mins until I managed to close it via the file menu. Some how it caused my machine to swap like hell, and xorg ended up using several gigs of ram, see the top image attached.
My pc is reasonably powerful, 6 gig ram, quad core cpu etc. running ubuntu 11.04, a 1gb gfx card so I wouldn't expect this to cause it to act like a lemon.
Any one got any ideas, I ran the 64 bit gui version from the source forge site...
cheers
On Thu, Jun 30, 2011 at 1:25 PM, Chris O'Halloran wrote:
Hello All,
Here is some more information from Greg's note at last Friday's presentation.
I'd also like to thank Greg for volunteering to talk and for such a well presented and technical topic. Seeing the data miner in action was also a bonus.
Attached is the email that Greg sent to Bruce and myself earlier this week. It seems as though there is plenty more reading on the topic.
I've also loaded Greg's presentation to google docs so that those that weren't at the meeting can appreciate the presentation.
Hi Chris, Bruce,
as discussed here's the slideshow and talk-notes from last night I promised I'd send to you to forward on to relevant people, (group-wide bounced me on the email size limit).
Also here's a list of relevant links as requested;
Project home page http://www.bitcoin.org/ [1]
Wiki Main_Page https://en.bitcoin.it/wiki/Main_Page [2]
Network status live feed http://www.bitcoinwatch.com/ [3]
Forum https://forum.bitcoin.org/ [4]
Layman promo video site http://www.weusecoins.com/ [5]
Instawallet (web wallet) https://www.instawallet.org [6]
API -reference pages https://en.bitcoin.it/wiki/API_reference_(JSON-RPC) [7] https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_Calls_list [8]
Monetary theory - Austrian economics
http://www.libertariannews.org/2011/06/18/the-economics-of-bitcoin-how-bitco...
[9]
http://austrianeconomists.typepad.com/weblog/2009/05/the-best-of-modern-aust...
[10] http://mises.org/journals/qjae/pdf/qjae9_4_5.pdf [11] http://en.wikipedia.org/wiki/Austrian_School [12] http://mises.org/ [13]
Szabo bitgold post http://unenumerated.blogspot.com/2005/12/bit-gold.html [14]
Namecoin, distributed DNS Dot-bit project homepage http://dot-bit.org/Main_Page [15]
Feel free to email me for further links or information.
Cheers,
Greg B.
Link to Greg's Bit Coin presentation [16]
Link to Gregs' presentation notes [17]
_______________________________________________ wlug mailing list | wlug(a)list.waikato.ac.nz [18] Unsubscribe: http://list.waikato.ac.nz/mailman/listinfo/wlug [19]
-- --
Rob
Links: ------ [1] http://www.bitcoin.org/ [2] https://en.bitcoin.it/wiki/Main_Page [3] http://www.bitcoinwatch.com/ [4] https://forum.bitcoin.org/ [5] http://www.weusecoins.com/ [6] https://www.instawallet.org/ [7] https://en.bitcoin.it/wiki/API_reference_%28JSON-RPC%29 [8] https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_Calls_list [9]
http://www.libertariannews.org/2011/06/18/the-economics-of-bitcoin-how-bitco... [10]
http://austrianeconomists.typepad.com/weblog/2009/05/the-best-of-modern-aust... [11] http://mises.org/journals/qjae/pdf/qjae9_4_5.pdf [12] http://en.wikipedia.org/wiki/Austrian_School [13] http://mises.org/ [14] http://unenumerated.blogspot.com/2005/12/bit-gold.html [15] http://dot-bit.org/Main_Page [16]
https://docs.google.com/viewer?a=v|+|amp|+|pid=explorer|+|amp|+|chrome=true|+|amp|+|srcid=1SqdoXYL8YkHBf0lal-XDfC6xxPFzvpU4YLOQnXWu49dWtOgCRcmYUvdkrsbY|+|amp|+|hl=en_US|+|amp|+|authkey=CKanrrwO [18] mailto:wlug(a)list.waikato.ac.nz [19] http://list.waikato.ac.nz/mailman/listinfo/wlug [20] mailto:cmoman(a)gmail.com
_______________________________________________ wlug mailing list | wlug(a)list.waikato.ac.nz Unsubscribe: http://list.waikato.ac.nz/mailman/listinfo/wlug
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Hey Bruce LA of 2.5 but CPU under 10% suggests that you're hitting IO limits. What's the %sys or %wa in top? I'm not familiar with bitcoin, but you said you had 4.5GB of blockchain. If this means you've got 4.5GB of data on disk, and bitcoin is doing a lot of random accesses to it, it will definitely cause this kind of loading. If you had loads of spare ram you could try moving your blockchain to a ramdisk during the verify, then moving it back once you're done. Alternatively, if you had lots of spare ram, everything might end up fitting nicely in the fs cache, which would also improve random access. Otherwise you're looking at improving your disk IO system, which probably means an SSD.
So just for a test I'm running it again now. I checked and there isn't even the option of CPU mining any more.
My load average has jumped to 2.5, it's normally around 0.1
CPU and memory used by bitcoin seem quite reasonable (both under 10%)
At the moment other programs are behaving but I have bursts where everything gets painfully slow. When I type, it takes five or ten seconds for the words to appear. Firefox keeps going grey. This ONLY happens while bitcoin is running, if I stop it everything goes back to normal.

top - 12:21:26 up 1 day, 16:16, 2 users, load average: 3.62, 3.34, 2.89 Tasks: 181 total, 2 running, 179 sleeping, 0 stopped, 0 zombie Cpu(s): 8.0%us, 3.9%sy, 5.7%ni, 16.9%id, 64.6%wa, 0.2%hi, 0.7%si, 0.0%st Mem: 3504896k total, 3400116k used, 104780k free, 62184k buffers Swap: 4050936k total, 296k used, 4050640k free, 2452164k cached Apparently I have 3.5GB ram (really 4gb but it's a 32 bit system) .. I thought it was only 2gb I do run an encrypted filesystem. It's not normally a problem but I guess for bitcoin it is. On 26 January 2013 12:06, Daniel Lawson <daniel(a)meta.net.nz> wrote:
Hey Bruce
LA of 2.5 but CPU under 10% suggests that you're hitting IO limits. What's the %sys or %wa in top?
I'm not familiar with bitcoin, but you said you had 4.5GB of blockchain. If this means you've got 4.5GB of data on disk, and bitcoin is doing a lot of random accesses to it, it will definitely cause this kind of loading.
If you had loads of spare ram you could try moving your blockchain to a ramdisk during the verify, then moving it back once you're done. Alternatively, if you had lots of spare ram, everything might end up fitting nicely in the fs cache, which would also improve random access. Otherwise you're looking at improving your disk IO system, which probably means an SSD.
So just for a test I'm running it again now. I checked and there isn't even the option of CPU mining any more.
My load average has jumped to 2.5, it's normally around 0.1
CPU and memory used by bitcoin seem quite reasonable (both under 10%)
At the moment other programs are behaving but I have bursts where everything gets painfully slow. When I type, it takes five or ten seconds for the words to appear. Firefox keeps going grey. This ONLY happens while bitcoin is running, if I stop it everything goes back to normal.
_______________________________________________ wlug mailing list | wlug(a)list.waikato.ac.nz Unsubscribe: http://list.waikato.ac.nz/mailman/listinfo/wlug

Bruce, 4.5GB of blockchain should be very close to the entire transaction history, if you are running a recent version of bitcoin-qt it will display how many blocks are remaining to be downloaded to give you some idea how much longer it has. After the blockchain is downlaed and verified (which you can actually just copy from a trusted source and do a re-scan but not verify which uses much less resources) it shouldn't consume too many resources if left on ... e.g. I run once every few days and takes about 1 hour per day processing for all the transactions (2.8 Ghz Core 2 Duo, 2GB RAM). There are some settings you can put in /home/user/.bitcoin/bitcoin.conf that make your node more of a listnening node than a full network node that also cuts down on resources used. e.g. I use the following maxconnections=8 noirc=1 upnp=0 listen=1 Although most of the cpu resources (if you are not mining) are due to transaction verification which has gone up a lot. More and more people are choosing to run lite clients that reference a semi-trusted server. Some people just check balances and use fully-trusted on-line wallets such as https://blockchain.info The next version (0.8) purportedly has some major mods that will vastly cut down on cpu and disk usage. Firstly, it saves/verifies only unspent transactions outputs rather than the full transaction history since day zero (ultra-prune). Supposedly it will take only a 2-3 hours to bring a full node on-line from scratch again with 0.8. Also in 0.8 the disk usage is improved because it will use leveldb rather than the current berkeleydb and the verification algo has been upgraded as well. Hope this helps. On Sat, 2013-01-26 at 10:01 +1300, Bruce Kingsbury wrote:
I tried to run bitcoin again recently, for about the first time in a year. It slowed down my machine (3ghz dual core, 2gb ram) to a crawl for the entire time it was running. I left it three days except for shutting down occasionally so I could do other things, and finally gave up waiting. I have 4.5GB of blockchain and it's still not up to date. The last time I ran it was no problem at all and caught up from nothing in less than an hour, but the current version is HORRIBLE.
On 25 January 2013 13:07, GJB <kiwigb(a)yahoo.com> wrote:
Is this guy in the thread below (30/06/2011) (who was that btw?) still having trouble running the bitcoin client? I've never heard of any runaway, machine-killing process associated with bitcoin before ... except for intentionally setting off a mining job :)
cheers.
On Fri, 2013-01-25 at 10:36 +1300, mailinglist wrote:
http://spectrum.ieee.org/telecom/internet/ripple-credit-system-could-help-or...
On Thu, 30 Jun 2011 18:25:55 +1200, Rob Brown-Bayliss wrote:
Hi All.
I didn't make it to the presentation, but I downloaded the bitcoin software and tried it out. It pretty much rendered my pc un-usable after a couple of mins until I managed to close it via the file menu. Some how it caused my machine to swap like hell, and xorg ended up using several gigs of ram, see the top image attached.
My pc is reasonably powerful, 6 gig ram, quad core cpu etc. running ubuntu 11.04, a 1gb gfx card so I wouldn't expect this to cause it to act like a lemon.
Any one got any ideas, I ran the 64 bit gui version from the source forge site...
cheers
On Thu, Jun 30, 2011 at 1:25 PM, Chris O'Halloran wrote:
Hello All,
Here is some more information from Greg's note at last Friday's presentation.
I'd also like to thank Greg for volunteering to talk and for such a well presented and technical topic. Seeing the data miner in action was also a bonus.
Attached is the email that Greg sent to Bruce and myself earlier this week. It seems as though there is plenty more reading on the topic.
I've also loaded Greg's presentation to google docs so that those that weren't at the meeting can appreciate the presentation.
Hi Chris, Bruce,
as discussed here's the slideshow and talk-notes from last night I promised I'd send to you to forward on to relevant people, (group-wide bounced me on the email size limit).
Also here's a list of relevant links as requested;
Project home page http://www.bitcoin.org/ [1]
Wiki Main_Page https://en.bitcoin.it/wiki/Main_Page [2]
Network status live feed http://www.bitcoinwatch.com/ [3]
Forum https://forum.bitcoin.org/ [4]
Layman promo video site http://www.weusecoins.com/ [5]
Instawallet (web wallet) https://www.instawallet.org [6]
API -reference pages https://en.bitcoin.it/wiki/API_reference_(JSON-RPC) [7] https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_Calls_list [8]
Monetary theory - Austrian economics
http://www.libertariannews.org/2011/06/18/the-economics-of-bitcoin-how-bitco...
[9]
http://austrianeconomists.typepad.com/weblog/2009/05/the-best-of-modern-aust...
[10] http://mises.org/journals/qjae/pdf/qjae9_4_5.pdf [11] http://en.wikipedia.org/wiki/Austrian_School [12] http://mises.org/ [13]
Szabo bitgold post http://unenumerated.blogspot.com/2005/12/bit-gold.html [14]
Namecoin, distributed DNS Dot-bit project homepage http://dot-bit.org/Main_Page [15]
Feel free to email me for further links or information.
Cheers,
Greg B.
Link to Greg's Bit Coin presentation [16]
Link to Gregs' presentation notes [17]
_______________________________________________ wlug mailing list | wlug(a)list.waikato.ac.nz [18] Unsubscribe: http://list.waikato.ac.nz/mailman/listinfo/wlug [19]
-- --
Rob
Links: ------ [1] http://www.bitcoin.org/ [2] https://en.bitcoin.it/wiki/Main_Page [3] http://www.bitcoinwatch.com/ [4] https://forum.bitcoin.org/ [5] http://www.weusecoins.com/ [6] https://www.instawallet.org/ [7] https://en.bitcoin.it/wiki/API_reference_%28JSON-RPC%29 [8] https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_Calls_list [9]
http://www.libertariannews.org/2011/06/18/the-economics-of-bitcoin-how-bitco... [10]
http://austrianeconomists.typepad.com/weblog/2009/05/the-best-of-modern-aust... [11] http://mises.org/journals/qjae/pdf/qjae9_4_5.pdf [12] http://en.wikipedia.org/wiki/Austrian_School [13] http://mises.org/ [14] http://unenumerated.blogspot.com/2005/12/bit-gold.html [15] http://dot-bit.org/Main_Page [16]
https://docs.google.com/viewer?a=v|+|amp|+|pid=explorer|+|amp|+|chrome=true|+|amp|+|srcid=1SqdoXYL8YkHBf0lal-XDfC6xxPFzvpU4YLOQnXWu49dWtOgCRcmYUvdkrsbY|+|amp|+|hl=en_US|+|amp|+|authkey=CKanrrwO [18] mailto:wlug(a)list.waikato.ac.nz [19] http://list.waikato.ac.nz/mailman/listinfo/wlug [20] mailto:cmoman(a)gmail.com
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http://spectrum.ieee.org/telecom/internet/ripple-credit-system-could-help-or... Article Chris had trouble posting to wlug. Also invited me to comments: https://ripple.com/ Ripple is an interesting p2p concept that is based on a type of community credit system whereby anybody (user) can grant credit lines to any other user that they trust. The network then finds a path through the network and makes links between trusted users and extends credit lines to settle balances for payments when money is requested to be transferred. It is an attempt to capitalise on a theoretical network effect for the case of many users. It has been around for a few years but was recently given a major revamp and a programming effort by some well-backed team of programmers have just released a invited-only beta test version. Apparently it will go live soon, and the new incarnation has its own ripple-credits for paying transaction fess and trading. Users can send payment credits in any of the major currencies, bitcoin or ripple-credits (not NZD kiwis though yet I don't think). I'm skeptical of the system working because of wide the use of credit, i.e. requiring people to settle up debts between themselves, and extending lines of credit to friends sounds fraught. For small amounts though it may work fine. It is an interesting experiment.

sounds like an online, p2p version of the 'green dollar' schemes that we tried to run in the 90s On 28 January 2013 10:21, GJB <kiwigb(a)yahoo.com> wrote:
http://spectrum.ieee.org/telecom/internet/ripple-credit-system-could-help-or...
Article Chris had trouble posting to wlug.
Also invited me to comments:
Ripple is an interesting p2p concept that is based on a type of community credit system whereby anybody (user) can grant credit lines to any other user that they trust. The network then finds a path through the network and makes links between trusted users and extends credit lines to settle balances for payments when money is requested to be transferred. It is an attempt to capitalise on a theoretical network effect for the case of many users.
It has been around for a few years but was recently given a major revamp and a programming effort by some well-backed team of programmers have just released a invited-only beta test version. Apparently it will go live soon, and the new incarnation has its own ripple-credits for paying transaction fess and trading. Users can send payment credits in any of the major currencies, bitcoin or ripple-credits (not NZD kiwis though yet I don't think).
I'm skeptical of the system working because of wide the use of credit, i.e. requiring people to settle up debts between themselves, and extending lines of credit to friends sounds fraught. For small amounts though it may work fine. It is an interesting experiment.
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participants (7)
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Bruce Kingsbury
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Chris O'Halloran
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Daniel Lawson
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GJB
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mailinglist
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Rob Brown-Bayliss
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Wolfgang