@hilariousandco but that address can easily be edited by anybody (in case of hack of course). i am proposing a way to add a new text box for this special address apart from that bitcoin address, whoch can only be edited if you sign a message from your last special BTC address.
just like how changing password works, you enter your new password but enter your old password in order to save the changes.
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i don't know if this was ever suggested or not but here is my proposal. we have this topic with 4264 replies so far. so why not implement the ability to add bitcoin address in profile instead of secret question or as an additional option. (not talking about Bitcoin address in Forum Profile Information under Skype and things like that.) we are on a bitcoin forum so instead of using methods that other regular forums use like secret question lets take advantage of bitcoin's features. lets call this BTC address as recovery bitcoin address. - this address would be used to prove ownership of the account and it makes it easier to find since it is stored with each account information. and there is no need to go through post history to find it.
- the only way to change it would be to sign a message from the old recovery bitcoin address so in case someone hacks the account the hacker can not change it without having access to the first recovery bitcoin address but the hacker can easily edit a forum post easily.
here is how i think it can look like in the settings
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i don't know what bitcoiner is but i know this much that people are not giving advice to others, especially when money is involved, out of kindness of their hearts.
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No restriction at all. There is a 30 second time restriction as a basis for everyone, but a 360 sec cooldown for newbies. I guess that was put in place to stop bot spam.
where did you get 30 for everyone from? https://bitcointalk.org/index.php?topic=178608.0waittime = 360; if(activity >= 15) waittime = (int)(90 - activity); if(activity >= 60) waittime=(int)(34.7586 - (0.0793103 * activity)); if(activity >= 100) waittime = max((int)(14-(activity/50)), 4);
it makes the base 360, 90, 34.7586, 4 respectively for each activity range. for you it is 5 sec (i am not sure if (int)5.6 rounds up or down lol)
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Thanks. But just wondering. What's the reason for it asking me to enter a password when I'm creating the wallet? When is that password used?
When you want to spend the coins or sign a message. The password only protects the private keys, not all information about the wallet. IIRC Multibit HD is the only wallet where everything is encrypted. http://docs.electrum.org/en/latest/faq.html#why-can-i-open-the-wallet-without-entering-my-password"This is done in order to minimize the amount of time during which sensitive information is unencrypted in your computer’s memory."
don't leave your wallet open and remove the desktop shortcut so if a random user walked up to your screen he can't just open the wallet or see the balance & addresses. also as shorena said set a log in password and put your computer in standby or screensaver which requires sign in.
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- you are connecting to the internet so NO this is not the safest option, look into offline storage for that.
- you are using TOR, i don't see how can that be increasing your security or even anonymity. the only thing using tor will give you is that the Electrum server that you connect to can not see your real IP and that is all.
- Tails is designed in a way that you can not have persistence, in other words it is designed so that you have a fresh OS each time you boot up with it so unless you are an expert and can install Electrum and make it stay don't use it.
* what do you want to achieve anyways?
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##I've always thought it better to learn from watching other people stick their hand in the fire as opposed to actually doing it myself. ##
lol, that is true. we can learn from ethereum situation/mistakes but not a lot. because i think you can't really compare ethereum (or any other altcoin) with bitcoin because they are not really being used like bitcoin. let me explain what my thought is. there are many different groups of people using bitcoin, there are developers, there are regular users, there are those who only trade and care about $$$, and finally there are merchants and those who use bitcoin as currency only. consider merchants that are accepting bitcoin as payment (as a currency) like steam (valve) for example. if the same situation happens to bitcoin everything will go to hell. because you can't just choose one chain and stick with it because steam may choose chain 1 and other merchant may use chain 2 and other remove bitcoin accepted option completely. but in case of ethereum nobody cares. there is no place to spend eth on either chain, there is only one developer really and there is only people who only use it for trading. and the more chains it has the better it gets. literary. because as you can see there is twice the profit to be made on both chains. 2x pump and dump.
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i have made my own bot and i am quite happy about it despite some bugs that i encounter sometimes. this way i can at least be sure that i am not using a malicious code/website who may or may not try to steal my coins or private information.
p.s. your topic doesn't belong in this board by the way.
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I know Armory and Electrum are both very safe, but from your experience in terms of the ease of use, do you think Armory is easier to navigate than Electrum?
both wallets are easy to use and offer good options, so it really depends on your preference to choose the one that you are comfortable with. also keep in mind that Electrum is an SPV wallet but Armory is a full node so that may help you decide better.
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when using electrum, you connect to a third party server (electrum server) that is being run by regular people like you and me who want to contribute to the project for free. so when you send bitcoin their IP address (the IP of the server) is what can be seen not yours. also keep in mind that when you are connecting to these servers "they" are seeing your IP and they can store your activity (IP address + all bitcoin addresses in your wallet) so that can link it back to you. although normally they don't keep any records but it is possible to do. also read this part
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thanks, that was so helpful.
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it is only for 2-3 of the coins that are working with a different form of transactions. and you need to have the wallet yourself to include a message with your transaction. for more information you have to find the announcement of that particular coin on here: https://bitcointalk.org/index.php?board=159.0 and download their wallet, sync, send coins to your wallet then transfer to bittrex.
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i may be wrong but i think the new build was only because they have added a Turkish language to the project. there is no change-log to confirm this (?) you may want to Contact the project owner Randy Brito or maybe post your problem Here
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I heard of this guy too, a few weeks ago...... I was impressed as soon as I heard of him, and at the same time jealous because I didn't do that This is exactly like gambling, and he's one of the few persons which were so lucky that they became milionaires from .. nothing. it is not gambling, you didn't get the point. he bought 5000 BTC as a part of his thesis on encryption back in 2009. i have bought so much material (metals for testing, etc) and paid at least ten times what he has paid for his thesis, i would have loved if one of my testing materials turned into a $886,000
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Satoshi described an alert system that could notify SPV nodes when an invalid block had been detected by a full node. But this was always impractical to implement up to this point. Segwit will change that. Eric Lombrozo said in an interview, "If there was a way to have fraud proofs, it would improve the security [of SPV nodes] because it would only require one whistleblower on the entire network to notice that a block is invalid and all SPV nodes could ignore that block."
So instead of SPV nodes incurring the cost of fully validating (downloading the whole blockchain to ensure validity), we could create a short proof that demonstrates a block is invalid. If so, it would only take one node to propagate this proof to the network, so that all SPV nodes would reject the invalid block.
i still don't quite understand what fraud proof is. isn't SPV wallets like Electrum connecting to a Full node (the server) to validate the transaction and also receive the headers from 10 different servers? (ref: https://en.bitcoin.it/wiki/Thin_Client_Security#Electrum)
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i was browsing the forum the other day that i came across this: #SNIP# Nobody should use EWallets. Casual users might use lightweight nodes, preferably with fraud proofs (which don't exist yet, but hopefully will in a couple of years). As many people as possible should use their own independent full nodes -- certainly anyone who accepts transactions automatically. #SNIP#
does it have anything to do with lightweight (SPV) wallets or is it about running core as a node but in pruning mode? i wanted to ask what it means there but it would have been so off the topic in that thread so i started a new topic and also because google wasn't helpful either.
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But should we say that BTC without mixer aren't anonymous?
no. bitcoin anonymity has nothing to do with mixers. you can be totally anonymous as long as the bitcoins in your address is not linked to you personally. for example you can buy bitcoin with cash and receive it in your bitcoin address, that way nobody can know this address is for "you" But you could trace BTC at everytime on blockchain and it's really difficult to buy large amount of BTC per cash in a lot of country yeah it can be traced and yeah it is hard to buy large amount of bitcoin with cash, but my point is something else. take this scenario as an example for 100% anonymity. you meet someone face to face and pay him cash and he sends BTC to your address lets call it address1 and you use that BTC to pay for a service to address2, lets say you buy a VPN with your BTC now anybody who is tracing the transactions sees bitcoin coming in address1 from some source and goes out to address2 the only thing he can get out of his trace is (with a low chance) the owner of address2 and sees the funds were spent to buy a VPN. and in all this your identity was never revealed.
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