I'd like to see the price of a single memo or any acttion on Memo down to 1 sat. Is it possible? What do we need to achieve that? Better software of protocol upgrade?
It may not confirm. At the time of this writing, the fee is estimated to be 1.276 sat/B (per BU node). The size of your message was 377 B. 377*1.276=481 sat. Nothing to do with memo
@Memo should consider creating a token that trades on Bitcoin Cash to raise funding. This is being developed right now.
(cont) That way, the small fee pays for the service. But you're free to use whatever service you want to post memos if you don't like paying a few satoshi.
@Memo should consider creating a token that trades on Bitcoin Cash to raise funding. This is being developed right now.
Ugh, please, no. Not another ICO. A model to consider would be that each tx from the site sends micro payment to Memo.cash. Tx has 3 vout: change, OP_RETURN, Memo.cash fee. (cont)
I want to see how many people currently use Memo on a day to day basis. Stats page only shows total users. So with that in mind, how often do you visit Memo?
| Weekly |
2 votes
· 0 satoshis
|
| Daily |
34 votes
· 5,436 satoshis
|
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I couldn't figure out how to get your pubkey from the blockchain in your transactions.
My original thought was to use that, but it's bad crypto to use the signing key for encipherment (along with every other bad reason). Hope this helps!
I couldn't figure out how to get your pubkey from the blockchain in your transactions.
Here's a quick python script to convert that pub key to something you might recognize:
https://imgur.com/a/kTr3qkS. So we publish our pub key to the block chain on every tx.
I couldn't figure out how to get your pubkey from the blockchain in your transactions.
I couldn't figure out how to get your pubkey from the blockchain in your transactions.
I couldn't figure out how to get your pubkey from the blockchain in your transactions.
When you expose the pub key, it's a privacy issue. But more importantly, if there's a weakness discovered where the priv key can be found with the pub key, your funds are protected.
I couldn't figure out how to get your pubkey from the blockchain in your transactions.
A few msgs coming. When you spend money, you have to publish the pub key in the scriptSig of the tx. That's why we have change addresses for EVERY tx: because you expose the pub key.
Are you trying to create one from memo.cash site? Topics -> New Topic. If you're trying to create the raw transaction: https://en.bitcoin.it/wiki/Script
Ahh I see that now, I apologize it's only my second day actually using memo. I just assumed you input the topic in your message. I didn't see create new on the topics page thanks !
https://crypto.stackexchange.com/questions/48423/is-it-bad-to-expose-the-public-key
Cant think of a reason for not giving out your memo.cash pubkey.
But my BCH pubkey for memo.cash is already public and available in these tx. Another rule of crypto: signing/with key is never used encipherment. Ever.
https://crypto.stackexchange.com/questions/48423/is-it-bad-to-expose-the-public-key
Cant think of a reason for not giving out your memo.cash pubkey.
It compromises your funds, your account, and every message you’ve ever sent. I was about to publish a spec on this and missed a crucial issue, so I’m re-thinking the design.
But whats the issue of giving someone your public key? If we both have each others pubkey we should be able to message back and forth continually.
Same reason why we don’t publish our public keys to the block chain, and when we do, we abandon them. It’s a complicated topic I can’t fit into 184 chars 😂
And therein lies the problem. Crypto is more complicated than simply encrypting from a public key. I’ve been working on this for some time now.
Who wants to try encrypted messages on Memo.cash with Memcrypt.cash for 25,000 bits?
e34f3384e5affd6e04b595a5e640a0ded4d5158d37780aae25938c6af1f79d8e5f4f1c308778d7e3678c25ded2520de017106c372f1531c9a8d3c58482fc54dc8af6c2580e2e8aa327d89afc30b7957de7c2c620d309916715510c8f
Fail... how the heck do you set the post topic
It has to be encapsulated into an output script.
memo.cash is written in GO, i dont belong to memo.cash team. Im used python for memopay :)
Yay python!
Posts or actions (suck as like, follow, ..) ?
Aaaand there's the use case for a diff function so you can modify the text that's displayed for a post 😂
#ABC jtoomim proposes a fix for the transaction relay throttle, thought to be the bottleneck of the September stress test https://reviews.bitcoinabc.org/D1782
I sent in logs from the stress test. If the clients make changes and retest I hope they’re a little more specific in advance with what we should log and send in, like logging level
Closing round #30416 bet-100000 | 11 bets | Drawn Number: 61990.803825 | Winner Number: 57323.683556 | Sent to Winner: 1089000 sats | TXID: undefined
I just won again!! But no TXID for the winnings 😫
picked out 10k random unique addresses from network and run script to continiously add tx to the block with 1000 satoshis and message :)
Ha. This is really going to confuse somebody in 30 years when they’re debugging, generate a random address, and can’t figure out why there’s $50 in it from an ancient block 😂
