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General Discussion / Re: [2015-02-19] Buenos Aires - Bitcoin 2.0: Bitshares, Sidechains y Ethereum
« on: February 21, 2015, 11:36:52 pm »
If only there was a bad ass mobile version... It could really take off.
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This could be a bummer:
Mycelium's Bitcoin Wallet Suspended from Google Play Store:
http://www.coindesk.com/myceliums-bitcoin-wallet-suspended-google-play-store/
I've been trying to decrypt a private key using the passphrase for some time now, but I've run into some problems. After reading the source code, I thought that the encryption is done using BIP38, but the key size isn't correct, so I'm assuming either another algorithm was used or maybe there were some added characters.
Does anyone know exactly which algorithm BitShares uses to encrypt private keys, and can you show me the full steps?
Thanks
http://www.reddit.com/r/litecoin/comments/2tgjto/official_litecoin_developers_and_litecoin/cnywl9x
"For the last half a year I have also been independently consulting a banking organization that is interested in integrating cryptocurrency into their financial service offering. They are integrating Bitcoin and Litecoin (as well as possibly Etherium in the future). This is a major project for cryptocurrency ecosystem in general and will be announced in the next few months."
Ohh I read/skimmed that post but nothing jumped out at me. This explains it. Ugh.
This is fueling it today:
https://www.coinbase.com/lunar
The flag on the moon says Bitcoin but you know speculators.
With 11% of stake, I can obtain about 65 delegate positions. If I attempt to use these 65 delegates maliciously to make profit, what happens? I'm asking because many people keep asking me about this and I cannot fully understand this process.
Thanks in advance
They are unlocked (but vesting). You can use "wallet_check_sharedrop" to see the details, and we'll have an even better summary in the next release
The benefits of Delegated Proof of Stake are that it selects 101 trusted broadcasters which are located around the world. As long as even one of the broadcasters remains trustworthy to not censor messages, the users can elect an entire new slate of broadcasters.