I can't send you a dm bcoz of being a newbie but can you please dm me on WhatsApp
I'd suggest you to not give any private details to the public like this. Scammers can use this to scam you by offering fake assistance for example. Just put your worries here without giving any personal info such as your name, location, etc. You can also seek help by posting on the Indian local boards if you want to (other than following what OP suggested above). Here is the link if you don't know which board I'm referring to[1]. [1] https://bitcointalk.org/index.php?board=89.0
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4. User can now open sell orders for other cryptocurrencies to the value of $5000 (50% of the staked $CIL balance)
Okay, so 50% of the staked balance is what he can trade? Is this fixed or will you change it before your service go live? Personally, I'd rather use coins that I already own as a guarantee instead of buying your tokens. It takes a lot of confidence to buy new tokens in the first few months at least. On top of that, it also adds another layer of complexity unless you allow people to convert their coins/tokens to your CIL token automatically. If some volatility happens it would also affect my ability to trade. Btw, is there no plan to support or add Bitcoin?
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Dengan kata lain menambah limit block size; Dilemanya, itu bisa saja menurunkan dari sisi keamanan dalam ekosistem Bitcoin itu sendiri mengingat tentunya perlu daya komputasi yang lebih tinggi lagi untuk memining satu block.
Alternatif lainnya mungkin menurunkan target block time. Bisa jadi 5 menit misalnya, atau lebih tinggi lagi selama keamanan jaringan masih bisa tercapai. Ane rasa sulit sih kalau arahnya kesana, karena tidak benar-benar menjawab masalah kemungkinan serangan dust attack dan semacamnya kedepannya. Idealnya ada filter untuk memilah mana transaksi yang spam dan mana yang bukan selain membuat fee mahal untuk mengurangi kemungkinan orang membayar mahal untuk melakukan spam.
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Cilistia has implemented a unique staking mechanism to prevent fraud and theft. Users are required to stake $CIL tokens for a specific period before they can initiate trades on the platform. By staking a certain value of $CIL tokens, users gain the ability to open orders for a predetermined amount of other currencies. This measure ensures a higher level of security and reduces the risk of malicious activities.
How many tokens will be required for this? Are there no other options such as locking their BTC/ETH on a multi-sig address like what Bisq does to prevent scammers from making fake trades? I don't really find it appealing that I need to buy your token first before I can even use the platform. What would you do if the token price becomes more expensive then? Will you lower the requirement? I'd rather use a static requirement such as "30% of total trade deposit is required before you can make trades" if that is the case.
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Untuk sekarang, BRC-20 sedang naik daun karena BRC-20 menggunakan jaringan Bitcoin dan data dari NFT tersebut diletakkan di Bitcoin blockchain. Tetapi saya sendiri berharap hype BRC-20 cepat hilang dan pengguna NFT beralih ke LN atau Bitcoin sidechain.
Ane juga berharap demikian. Setidaknya fee agak normal beberapa minggu terakhir. Besar kemungkinan mereka yang terus minting token baru sadar kalau fee yang dibayar tidak sepadan dengan profit yang mereka dapat. Pengembangan sidechain jadi solusi yang paling menarik buat mereka, mengingat fee dan kecepatan transaksi bakal lebih cepat, plus bisa memanfaatkan marketing kalau NFT mereka dihubungkan ke jaringan Bitcoin. Terlpas bakal pindah atau tidak sepertinya tool semacam UniSat bakal stay.
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apakah agan sekalian tahu gimana caranya biar bisa check PC kita kena hack atau gara-gara download electrum 2.6 sampai 4.3.4 yang portable?
Selama agan download file Electrum yang benar dan bukan aplikasi phishing, kejadian kayak gini ga bakal terjadi. Kalau eksploit seperti ini sudah terjadi, ane rasa lebih baik agan segera install ulang Windows (OS yang agan gunakan) plus format drive agan. Dengan kata lain asumsikan komputer agan sudah dihack/ada virus/malware. Setelah selesai menginstall ulang dan memastikan tidak ada software yang aneh di komputer agan (dengan scan Malwarebytes atau Windows Defender misalnya), bisa download wallet Electrum lagi (pastikan buat verifikasi filenya sebelum diinstall). Buat wallet baru dan pastikan agan tidak menyimpan seed/private key di cloud. Bisa juga gunakan perangkat lain untuk membuat wallet baru kalau agan masih belum yakin komputer agan bebas dari malware.
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Ini menjadi dilema sendiri, seharusnya developer lebih menekankan untuk membuat coin dari pada token yang tidak bisa dimining. Tapi karena sudah kebablasan, sulit untuk menaikan trend untuk mining coin dari pada token.
Kalau melihat market saat ini, ane rasa susah menemui developer yang ingin melaunch koin tanpa premine meskipun solar cell buat mining sangat murah. Kecuali mereka punya idealisme yang kuat, kebanyakan bakal memilih membuat token karena lebih murah dan mudah, plus return kemungkinan lebih tinggi. Ane rasa miner juga ga bakal langsung melakukan mining koin baru kalau profitnya tidak ada. Kalau mining dengan energi yang lebih murah lebih gampang diakses, kebanyakan juga bakal memilih me-mining koin yang populer ane rasa. CMIIW.
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Not necessarily, you can send some of your coins to an exchange and you are still able to perform CPFP.
But if the transaction is sent to an exchange or to a custodial wallet in a way that it has no change address, there would be no way to create a CPFP transaction. Basically, it is a good idea to always include a change transaction to an address that you control. What Sarah describes can be avoided easily as long as the user uses a good wallet. Consolidating inputs can also help to lower the fees. It is always a good idea to regularly consolidate our inputs unless it is a cold wallet. CMIIW.
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Users with small capital will obviously have no option but to keep their funds in the exchange, but those who trade with high capital should basically keep their funds somewhere else and only transfer them to the exchange when they want to make trades, this way, if something goes wrong with the exchange, they won't lose everything.
An alternative would be using a decentralized platform where you don't have to transfer funds to a third party before making trades. Even if you only have low capital you should never keep your funds on an exchange, especially if you don't trade daily. At the end of the day, you'll always face risks, but it is important to reduce them if you can. Keeping your funds on an exchange because you don't want to pay transfer fees is not the best choice imo.
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In fact, our rates vary depending on the exchange rate.
Well yeah, I get that it varies. I don't think it answers my question though. If it is still unclear, where did you get the rates from? Which exchanges do you use to calculate the price? How did you calculate it? I don't think these questions are hard to answer. You don't even have to provide a signed message or something similar, just list the names and how you calculate it, and people can easily verify whether your rates are correct or not.
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This point stopped me because it indicates indirectly that the wallet recovery data before it is sent to the cloud provider may not be encrypted and therefore it is an additional risk or greater trust in the cloud service provider.
I believe uploading an unencrypted wallet backup is impossible since the user must input the 4-digit pin. That being said, the security is still questionable due to the limitation of the password/encryption method. While they don't upload a seed/private key to cloud backup, the time required to crack the wallet backup is definitely short. No one should rely on this backup method if they want security. CMIIW.
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In China I read articles that people from Hong Kong sell hardware wallets with stablecoins to the people from the mainland. The Chinese inside the mainland use VPNs and other privacy tools and trade their illegaly bought stablecoins through DeFi and decentralized exchanges.
That's news to me. I guess the same thing will happen with Pakistan users if the ban goes through. I doubt the police will actively try to imprison those people if they don't transact in a large amount of money, or engage in illegal activities explicitly. What I can see is a crackdown on business since they can earn more there.
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These reserves represent the limits set by our trusted provider, which enable us to execute exchanges on behalf of our users. These limits ensure that we can provide a seamless and reliable service to our customers.
At our exchange, we prioritize security and transparency.
And who are these "trusted providers" you are referring to? Market makers? It is hard to trust a new exchange regardless of how fancy your marketing is, especially if we can't even verify it ourselves. My previous question about rates is also unanswered, unless you mean these trusted partners of yours also decide this rate. Your reassurance doesn't really make you more transparent IMO. I guess time will tell whether you'll continue your service faithfully or not, but don't be surprised if people keep asking about it in the future.
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read that the Electrum is a cold wallet. Does it mean, that it runs when the PC is offline? If yes, in which way the transactions does happen if the computer do not connect to internet? Thanks a lot!
You can use Electrum as a cold wallet or a hot wallet, it depends on your setup (you can also clarify what you mean by cold wallet, since some sources differ on its definition afaik). You might want to check this guide[1] or search about "airgap setup" on this board if you want to read further. [1] https://electrum.readthedocs.io/en/latest/coldstorage.html
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Based on the GitHub page, it seems like you need to build it yourself to try the app. You need to fork the repo and then install it on your Android or iOS (emulators should also work). I think the developer's intention with his early announcement is to look for contributors or testers. Definitely still in a very early phase and not targeted for public usage. Maybe you can wait for a few weeks or so since the developer stated that people can learn more about it further in the following weeks. What caught my attention is the word Cloud Backups. Did we start the era of storing seeds on the cloud? Even if it is a lightning wallet, for daily use and seed backup is encrypted, but why more wallets give the possibility of seed sharing to the Cloud? it is confusing.
The design is inspired by this[1], so I guess the developer simply agrees with the explanation that providing a cloud option is useful for its users as long as they don't use it for high-value amounts. It is a wallet data/file upload if I understand it correctly, not a seed backup. I believe the risk is still the same regardless, especially because the added pin protection is limited to 4 digits only. CMIIW. [1] https://bitcoin.design/guide/daily-spending-wallet/backup-and-recovery/cloud-backup/
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However, they have a bigger problem. It will be very hard for the government to enforce any type ban outside of on and off ramps. People can trade very much similarly like they do in China.
True, but I believe it will definitely get harder for the average joe to trade Bitcoin, especially if they're not familiar with P2P trades before. I won't be surprised if some users decide to stop using crypto if they don't want to even try P2P trading. Maybe we can encourage them or give them help, but it is not possible if they don't even use this forum. Since the main reason they decide to impose a ban is to avoid getting sidelined by other major orgs, I guess we just need to see when the superpower decides the time to pump their bags has come and slowly allow retail to use crypto again.
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If the target audience is only German users, however, this would not be a problem.
Yeah, I think OP just needs more time to update his website and it is already on his plans. No reason to include international delivery if your target audience is limited to German-speaking users. On the other hand, what exactly does the delivery fee rate based on? I'm not sure if applying a fixed fee rate is a good idea. 50 euros is not exactly cheap, not sure I'd buy one if the delivery cost is more expensive compared to the product I buy. The delivery estimation date is not exactly precise either.
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