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The answer to your question is, all of the privacy we can get, as I still never heard of a good argument on why not or even on how would be possible to stop these private technologies in a first place. It is important to keep in mind that wondering on how world should look like makes no sense if there is only one possible way it can go and will go. What is the point of the question when there will be better and better privacy no matter what you do. You can't stop it, it isn't your choice to make, you don't have an alternative option.
You are correct. A few additional points, to some of the people above. 1. Always remember that when seconds count, police are just minutes away. That is why many over in the US like to handle their own protection when possible. 2. Likewise, the same people who want the population of the US disarmed because that should be left to the police and other officials are the same people who are protesting about BLM etc and say the police can't be trusted. So, you should trust the police, but can't trust the police. Got it. 3. The same politicians who don't like citizens to have guns are surrounded 24/7 by armed guards often paid for by the citizens of the US. If the politicians disarm first, then I suspect the rest of the US might consider it. 4. What is funniest is that this same group is arguing that Trump == Hitler and yet they want everyone else to give up their guns! If Trump were Hitler, I would personally want guns to fight with instead of meekly submit to the gas-chambers. Some people prefer to surrender though. 5. Everyone deserves privacy and anonymity if they want it, rich or poor. Many of the most powerful written works were done anonymously because the author (e.g. Thomas Paine, Hamilton et al, Liu Xiaobo (should've been anonymous) etc) feared for their lives. If all of their transactions were public the world would be a much less free place because many wouldn't have been printed. Writing alone is not enough, paying for printing, paper, distribution etc costs money. Having your entire financial ledger public means you might as well use your name. No one knows beforehand that a certain person needs and deserves privacy so even excluding the discussion above, that alone is enough to ensure everyone has it. I don't want someone else deciding "how much privacy WE really need." Please just speak for yourself - if you don't want privacy, that is your choice, but don't impose your judgments on the rest of the world. That is wrong and immoral in a free society. |
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As the current state of science, it's rather a philosophical problem. Design a PoW function that only a human can solve, but a machine can (easily and accurately) verify for corectness. When you do this, you will be a new Satoshi  Yes, that would be a big deal - essentially proving that the Turing test can’t be satisfied, while allowing a machine to prove that it can’t be satisfied. |
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If you think you know at least some of the password, you may want to try btcrecover. There's a tutorial on the github page. BTW, there's an Electrum subforum, you might want to try and post there instead. Thank you unamis76 - I've read through BTCRecover and cannot get it to work. Do you think it will help here? It should help since it works with Electrum and you have ideas about the password. You probably know, but whatever you do, don’t send anyone your wallet file. And make a backup or two of it now prior to messing with it. What didn’t work? |
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His ignorance about tulips is almost as high as it is about bitcoin.
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Actually my problem is that i made a recive request on the old receiving address and now its pending
So tell me can we receive Bitcoin on old receiving address or now my btc are gone
If you are using most wallets, you can receive on an "old" address. Do you have the private key for this old address still? If you are asking about an old exchange address, that would depend on the exchange and their policies. |
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I would question the methodology Meyer is using to extrapolate the price trend. I'm not an expert in market technical analysis, but even I know that moving averages are not an indicator of future prices at all. Maybe everyone is feeling confident about the $5000 mark being definitively crossed, but the volumes taking us there have not been exactly confidence inspiring to me.
And it would not suprise me if these (very optimistic) price outlooks we've been receiving are either notably interrupted or outright reversed instead. Don't get me wrong, I'm bullish long-term about Bitcoin, but the short-term isn't necessarily as obstacle free as the recent consensus suggests. Quite often, carefully doing the opposite of a widespread sentiment is the best investment decision (i.e. be greedy when all are afraid, and afraid when all are greedy).
You are probably right. But giving the number of doublings we’ve had since mid-2010, 1 or 2 more doesn’t seem that difficult. 😂 |
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Your assumption is completely wrong. There is no "number of transactions needed to be confirmed before a block is added to the chain". That is not how Bitcoin works. A block is a collection of transactions and transactions are confirmed by being included in a block. There is not a separate process that makes a transaction confirmed. It is part of block creation and mining. A block must have at least one transaction, the coin generation transaction (also called a coinbase transaction, not to be confused with transactions made by Coinbase the company). A block can have just the coinbase transaction, and any number of transactions until the block weight limit is reached. This means that it can have anywhere from one transaction to several thousands of transactions. A good place to read about how Bitcoin works is the documentation on bitcoin.org. I really appreciate the reply and its from a moderator.  I am honestly still confused with what you said above since it is totally far from my assumptions. I have been re-reading your reply until now and got some of the points you stated. Nevertheless i will visit the lonk you have give and will continue from there. . P.S. You mentioned: This means that it can have anywhere from one transaction to several thousands of transactions.Do this also mean that even with only one transaction a miner can be given a reward for confirming it? Again, maybe my assumptions is still incorrect. Yes, a miner will get the same block reward regardless of the number of transactions included in the block. Transaction fees (which are in addition to the block reward) would likely be less for a block with few transactions vs a lot of transactions. (I say likely less because that one transaction could have a huge fee attached to it). |
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Hi there,
as a software developer I am trying to learn bitcoin internals. What is the fastest way to download the database? When I run Bitcoin Core it is going to take many weeks. I have throughput to download it faster, so this is not my bottleneck.
I found many pages in the internet regarding bootstrap.dat, but in some of them it was said that it is obsolete information and now there should be another format of the database or something like that, this is how I understood it, maybe incorrectly.
Thanks
The fastest way is almost always to let Bitcoin Core download the block chain. |
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I wonder what his definition of “high net worth” is. Kind of meaningless otherwise. What is the cutoff?
$1 million US?
$5 million US?
$10 million US?
$20 million US?
$50 million US?
...
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This eliminates some uncertainty and as an early mover, may convince others to follow them.
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Hi everyone, I've read up on the close-to-impossibility of randomly generating a private key which matches a given public address (e.g. grains of sand analogy). I'm still trying to answer a few of my own questions, however. My current questions relate to this: http://directory.io/- What's to stop someone simply using this website to look up a particular address and find the corresponding private key? - Is the list simply so large that it would take an eternity to actually find the relevant address with a computer program? - I'm assuming this list has code behind it and it generates each page as required - i.e. it's not a static list? - Why did this database require such a huge amount of computing power if the list is dynamically populated? I find this list totally fascinating! I might even send a donation at some point... Thanks for any help. Agnosticus Ok, you have to understand what that website is. It is not a page after page list of key pairs, it is a real time calculation of those pairs. If you trying to crawl the site, there would be only one page, not millions. The page calculates and lists the page worth of key pairs, using the page number as a reference point. Each requested page is created at the moment the client requests the page from the server. Therefore, there is no parsing the site as a whole or searching it in that way. Look up how the page number is used in the equation and maybe that will be a starting point for you. No, if you try and crawl that site there will be a (practically) infinite number of pages. Google alone has about 45000 pages index, all dynamically generated. https://www.google.com/search?source=hp&q=site%3Adirectory.io&oq=site%3Adirectory.ioKind of like Google has about 42 million pages from finance.yahoo.com indexed. Most are dynamically generated for various stock symbols and the related pages for each, etc: https://www.google.com/search?q=site%3Afinance.yahoo.com |
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IF there is replay protection, no mid-chain pre-mine etc, essentially a clean fork at some block but with a new mining algorithm, then this is a nice backup of Bitcoin and a good test so that if mining becomes too centralized or under attack from a government that controls miners for example, it provides a codebase that could do another hard fork to break the control log jam quite quickly.
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A couple of points: 1. Now they are saying no mid-chain premine - https://moneymorning.com/2017/10/06/the-bitcoin-gold-hard-fork-explained/2. Mining this chain will be more decentralized than the main chain. Particularly once ethereum switches to POS due to it being, 3. GPU minable. To me it seems like a better fork than BCH (didn’t buy any BCH) since it is wide open to GPU miners vs requiring ASICs. |
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I exported private keys from MultiBit Classic in a file. After I open the file, copy its contents, after with the command importprivkey "my private key" I trying to import into Bitcoin ABC. It returns: Invalid private key encoding (code -5). What am I doing wrong?
Is the first character of the private key 5? D? Or C? Or something else? |
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An address is a visualization of a Public Key.
Each Public Key has ONE correspondending private key ("which holds the BTC").
That is untrue. Each P2PKH public key has on average 2 96 possible private keys. In all likelihood you will only ever know 1 of them, but many more exist. No, that statement is true. Each ADDRESS has on average 2 96. Each public key has exactly one private key and vice versa. Public keys and addresses are not the same thing. I think there was a confusion of terminology 😀 |
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An address is a visualization of a Public Key.
Each Public Key has ONE correspondending private key ("which holds the BTC").
Your Wallet generates Public/private key pairs.
If you have 0.1 btc on 1 address and 0.2 on another.. then your Wallet shows Balance of 0.3 BTC.
On Block Explorer you can search for addresses...
So 1 will Show 0.1 and the other 0.2 BTC.
That is untrue. Each P2PKH public key has on average 2 96 possible private keys. In all likelihood you will only ever know 1 of them, but many more exist. |
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Hello, I don't think a lot of people, other than the real developers and hardcore fans :p , are subscribed to the bitcoin-dev mailing list. About a week ago I read something interesting. It is about Address expiration time added to BIP-173. Sometimes we have problems when an old address is used by someone who pays us frequently and we could just not want to use that address anymore. If a expiration time is set (and checked by Bob before sending BTC to Alice) we could avoid this uncomfortable situations and, of course, the losing of bitcoins in such transactions. If you want to read about BIP-173 this is the link to it: https://github.com/bitcoin/bips/blob/master/bip-0173.mediawikiWhat do you think about Address expiration settings? There was a lot of discussion about it on the list: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-September/thread.htmlI know I just wanted to bring the discussion to the forum because, as I said before, not a lot of people is subscribed. Just wanted to make the matter a little bit more public here. At least the forum goes through search engines spiders so people googling for it will read this. I figured you did, but thought a link might be helpful for others coming here so they could get up to speed. |
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Any of you guys experienced that your post counts here in bitcointalk.org are being decreased and some posts being deleted? Just noticed that my post count went down from 96 to 90. I applied for a signature campaign and when i went to check back, my application is mo where to be found. Also i have noticed that some of my earlier posts are not on my profile anymore. Anyone having the same issue?
Perhaps because you are doing things like this post in the wrong section? It belongs in Meta (not bitcoin technical support) since it is not involving bitcoin. [edit: moved] Or you are posting spammy posts? |
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Hello, I don't think a lot of people, other than the real developers and hardcore fans :p , are subscribed to the bitcoin-dev mailing list. About a week ago I read something interesting. It is about Address expiration time added to BIP-173. Sometimes we have problems when an old address is used by someone who pays us frequently and we could just not want to use that address anymore. If a expiration time is set (and checked by Bob before sending BTC to Alice) we could avoid this uncomfortable situations and, of course, the losing of bitcoins in such transactions. If you want to read about BIP-173 this is the link to it: https://github.com/bitcoin/bips/blob/master/bip-0173.mediawikiWhat do you think about Address expiration settings? There was a lot of discussion about it on the list: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-September/thread.html |
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