You can't expect them to front that cost however minimal forever, right?
Damn right I do. It's none of anyone's business if my wallets are lost or it's just my choice to not touch them. |
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Hello all
Is it a mistake to say that BTC mining generates new coins? Would it be more correct to say that new coins come into circulation, because the total was already defined previously and they were in reserve? And if so, where is that reserve?
Don't think of bitcoins as "coins". They're not, they're the results of inputs and outputs. The bitcoins you see in your wallet are the unspent outputs of previous inputs. Mined coins are truly new. They have no inputs. |
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Ok, i think i'll end up going down that path, single box with lots of fault tolerance. BTW, did you need to portfoward any ports to the rPi?
No need if you're using Tor hidden service. |
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Well it means that at least from my teeny little vantage point lightning network USE is increasing exponentially. I could be an outlier, but I doubt it. I have added a few channels recently, and have dropped my fees, but I do not think either of those things has a huge impact. Moving my fees around does not seem to change the traffic much (which is interesting).
Have you joined the #ZeroBaseFee club? http://www.rene-pickhardt.de/ |
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Like this: pay me 0.1BTCIt is easy to use, it is readable and when you click it (assuming you have a bitcoin wallet installed that supports URL:bitcoin protocol) it will open it and fill in every information with a transaction ready to be signed. That works because bitcoin addresses don't expire. But you shouldn't do that. A wise man once said: it's best to use bitcoin addresses only once.
You can't do that with Lightning invoices because they do expire. Hence Lightning Addresses, don't expire and don't expose your privacy. |
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Duct tape fixes everything!
But, is duct tape safe...  |
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I'm fairly certain that any shitcoiner which for sure includes that NFT bullshit would get quite a bit of backlash if attempted in this thread.. but hey, what do I know?
Liquid Network supports NFTs on Bitcoin. Ain't got time for no shitcoins. |
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Hi WO friends.
I got myself a hat. It's a sponsored hat, but I like being part of the hat-wearing family.
That kind of a hat does not really count. Sure you are within the rules of the forum, but you seem to be outside of the parameters of WO "acceptable" hats that are either made by Xhomer10x or perhaps some custom-built approximation of such.. but a sponsored hat... https://as2.ftcdn.net/jpg/00/64/42/73/500_F_64427359_I2szkNmXnKylewiLfD0yyuhsBe0HRQma.jpgWe need xhomerx10 to mint some Hat NFTs so we know which ones are real and which are forgeries. Paging @xhomerx10. Think of the millions he could be earning! |
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Totally agree... and like I said, I think the majority of possible outcomes for *tomorrow* is just about what you said.
It is tomorrow for some people. Is the ES pump working? |
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Are we expecting McDonalds to set up a lightning wallet for their cashier to handle all of the money for that day, and then expect the cashier to make the choice between handing that wallet over to the owners at the end of the day or just quit with more than they would make in a year?
Another retarded statement. You see, bitcoin wallets have public keys and private keys. The person accepting payment (cashier) has a public key. The person moving the funds (owner) has a private key. They can be two different people! |
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I used real CV (Control Voltage) once. From memory, that was one volt per octave? Didn't look it up. I used Roland CV from an SH-101 (still have it) to a Jupiter 8 (still have it, the last of the analog monsters, 8 oscillators!! {a MiniMoog has 3} Sync all 8 to one key. You'd better put on a helmet.) The proprietary stuff worked like a charm. CV desired to be what MIDI actually became: The One Interface, To Control Them All. And MIDI really was...
Synth, moog? I think Autobahn. https://www.youtube.com/watch?v=gChOifUJZMc |
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Just checked on the fees that I would need to pay to convert one of my shitcoins into USDT via DeFi and it comes to about $600. For $5000 worth of coins.
We are certainly not at the future of DeFi yet.
The RGB solution coming down the pike would be over the Lightning Network and cost almost nothing using client side validation. That is the future of DeFi.
I tried MetaMask. Fees running $100 to swap tokens. What a complicated and expensive process. Note to self: stick to bitcoin. |
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So I am sitting here on a live Arch linux (EndeavorOS) desktop using GParted to move my RaspiBlitz data drive from a 500G SSD to a 1T SSD. I find myself wishing I had sprung for the 2T SSD because sitting here waiting for the damn data to copy over, while still not knowing if this is going to even work, and knowing I will just have to do it again in a few years? Well... let's just say hooray small blocks.
The blockchain grows about 50G per year, so you're good for another 10 years. 1T sounds like the right choice. |
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Above $50K and for some reason Bitcoin still feels cheap...
Bitcoin has crossed the point from potential to inevitable. Hodl on. |
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Yes. Early days, avoiding address reuse was not really a thing. Even Casacius used a single address for his coins (he would vary the price by a few cents so he knew who was paying what). Bitcointalk has an area you can put a bitcoin address (which was often used for tips) and your username here would show up when browsing blockchain.info.
I'd actually remember my most commonly used address by the last few characters.
And now with Lightning Addresses, you can have a vanity "address" without exposing yourself to privacy concerns. |
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Not in the way like NFT's are handled on other chains/platforms, but maybe it would make some kind of sense on smart contracts of a dedicated sidechain, imo.
It just wouldn't make much sense to cram a bunch of bells and whistles into a rock solid blockchain that mainly does only one thing, but does this thing perfectly.
That would be very bad programming as well and that's also my main concern on blockchains like Vitalik's. They cram so much functionality into it, there is a good chance to integrate some vulnerability or even break the whole thing in some way.
Yes, the Liquid BTC sidechain supports NFTs. https://bitcoinmagazine.com/business/raretoshi-nfts-on-liquid-bitcoin-sidechain |
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Good read. So when prices go up, consumers are forced to buy cheaper products, and thus there has been no inflation? Devious! |
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I sold at about $55k. To be exact, it was the day when Ethereum reached over $4k. Bitcoin at $1T marketcap, Ethereum over $4k, all friends & neighbors into crypto, Tether printing billions in hours, and even my portfolio at an unimaginable value. It seemed unreal so I made my decision. About buying back, I've said it before a few times and will say it again, as soon as 200-week moving average is touched: https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/Quoted to make a prediction. You'll be buying back higher than you sold. |
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Now that there are bitcoin-based NFTs, I'm willing to entertain the idea of them having some valid use cases. Digital collectibles, souvenirs, in-game items, etc., are the obvious cases. But real-world items too, anything with a serial number could have its ownership connected to an NFT. Guns, cars, real estate, stock market certificates, etc. Bitcoin is revolutionizing the world. |
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