Re: [ilugd] [Ilugc] Off-topic: Bitcoin's Potential for Social Change
Hi Replying now since the thread has been revived. On Wed, Apr 17, 2013 at 1:37 PM, Supreet Sethi supreet.se...@gmail.comwrote: Secondly: When bitcoin infrastructure was started Satoshi or some (one/people) pretending to be Satoshi, he started mining coins himself. At the time, the yield was much better than it is now. Which means Satoshi may have millions of coins which leads to asymmetry of money. Satoshi could not have been secretly mining before making the bitcoin client public, because the protocol/network is such that you can't secretly mine them. The first bitcoins were generated 7 days before the client was made public; at which point anyone could mine bitcoins. Thirdly: Most transactions in bitcoin are connected to Mt. Gox someway or the other. Which is about 90% of transactions or more. For a transaction to be truly decentralized transactions should be routed through multiple gateways. Somehow none other exists. It would like you can develop code in opensource but it can only be hosted at github. Afaik, MtGox is just a exchange, it doesn't have anything to do with transactions or mining bitcoins unless you need to convert bitcoins to/from other currency. -- Regards Tavish Naruka ___ Ilugd mailing list Ilugd@lists.linux-delhi.org http://frodo.hserus.net/mailman/listinfo/ilugd
Re: [ilugd] [Ilugc] Off-topic: Bitcoin's Potential for Social Change
On Tue, Apr 16, 2013 at 7:53 AM, Ashwin Dixit ganeshacompu...@gmail.comwrote: Greetings fellow-Linuxers, I have a vision to share with you. Whether you call it a utopia, or a dystopia, I leave up to you. There is great power in people's numbers. I feel that a critical mass is gathering behind FOSS and BitCoin. I feel that these Davids can potentially overthrow Goliaths. Please read my latest blog article and share your opinion: http://ownlifeful.blogspot.com/2013/04/bitcoins-potential-for-social-change.html I think that this ongoing experimentation with bitcoins will serve as a basis for creating future currency, but in its current form, there is just too much bias towards early adopters, and hence no confidence in people who have been too late to the bitcoin goldrush; and this will be the downfall of bitcoin in current form. -- Regards Tavish Naruka ___ Ilugd mailing list Ilugd@lists.linux-delhi.org http://frodo.hserus.net/mailman/listinfo/ilugd
Re: [ilugd] Critical System state: when only bash utilities work.
On Sat, Feb 2, 2013 at 8:49 PM, Amar Akshat amar.aks...@gmail.com wrote: Hi, Other day I was writing a small pro-active system monitoring script in Ruby, and I forgot to close my IO pipe for pgrep command, every time I checked my system status. So after a day, there were more than 32,000 zombie pgrep processes. I could only run bash commands and nothing else. kill is a bash builtin, so you can kill a process whose pid you could get from /proc/ bash completion and issue a killall immediately after it and hope that a fork works. maybe try a few times. -- Regards Tavish Naruka ___ Ilugd mailing list Ilugd@lists.linux-delhi.org http://frodo.hserus.net/mailman/listinfo/ilugd
