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Topics - JWF

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Technical Support / Balance column in account tab?
« on: March 24, 2015, 04:09:26 am »
Under the account tab, when looking at the recent transactions, one of the columns is Balance (next to date column). The number in this column is not the same number that I have for a balance in my account (153% more in column than shown balance). I'm wondering what the difference is from, or what does this balance reflect? I have run the wallet_account_balance command and it agrees with the account balance shown on the dashboard.

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General Discussion / The complete centralization of Bitcoin
« on: November 05, 2014, 01:42:53 am »
http://techcrunch.com/2014/11/02/bitcoin-brothers-aim-to-disrupt-bitcoin-mining-with-new-more-powerful-supercomputers/
If these guys do dump 200 to 400 Peta onto the network, the difficulty will triple for a day or so until everyone shuts down their miners. This could be the death blow for most other asic producers too as very few will buy anything existing. Plus this will put ALL the network power in the hands of a very select few.

It seems that decentralization is an extremely hard thing to maintain. There is always the push for consolidation when there is a potential for profit. 

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