Great and good luck.  . Errors like that take away from the content and make it easier to dismiss a web site, so improving only helps. It would make more sense to link directly to the article rather than just to the site.
What's important is who's implementing this proposal. It's fine in itself, but it has to be properly peer reviewed in enough time, rather than just some bulletpoints on a board.
It's a shame that Core doesn't seem willing to implement this themselves. It would stop all these fringe attempts at scaling like BIP 148 from trying to happen.
Thank you for pointing that out. I updated the link, honest mistake. It seems they need an editor. Or at minimum a proofreader. A cursory read showed numerous issues with just the writing, so have to wonder about the reporting...not to mention it doesn't follow the formatting for this section:
Thank you for the honest feedback, it is something that is taken seriously. We are striving towards providing quality news on varying subjects and will work on having an editor/proofreader. |
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If this article is true (which I doubt), then this is great news for all miners & Bitcoin itself - difficulty will decrease & the network will become less centralised.
Win win for all.
Agreed. If true, the impact on decentralization would be a big positive. There doesn't yet appear to be a huge drop in hash rate (above the noise). |
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Make another backup or two of the wallet.dat now just in case. Otherwise, it seems like you have things under control with the advice above.
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Please don't listen to bullshit from non-technical people. Bitcoin Core does initial download faster only in certain conditions, that nowadays could be considered laboratory-like. With the real user environments (especially technical newbies or people outside USA) it is much more reliable and oftentimes faster to do this using Bittorrent or cloud file storage.
This is simply untrue. Unless your internet connection is very slow the vast majority of time is spent in validation and data handling even on a 24 core host. If you download separately you cannot overlap the download and validation. So unless your download is nearly infinitely fast it must be slower. This experiment is conducted regularly in real conditions at least with every release (since we benchmark for synchronization performance regressions). Finally. Maybe this time these downloads are finally debunked and a bunch of people stop wasting their time. Doubtful. 😀 Given the same thing has been said for several years now and makes no difference. Lol |
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Thanks HI-TEC99 I have followed religiously your guide posted in the link, through cleopatra I get: generate-wallet.html.sig: Signature is valid Signed on 2016-02-23 15:53 with unknown certificate 0x761F7D53D11591274A170B839277AD7136E1D9B6. but, I don't have certificate of Canton Becker (the maker of bitcoin paperwallet)  I only have trough his website these: PGP Public Key ... (very long as you know  ) RSA Key ID: 36E1D9B6 Fingerprint: AB12 6777 451C 7A18 C172 3297 C525 F065 0B16 DF4B How can I connect this certificate to him? I believe that is what he is talking about on the github page you linked to above when he says: 'If you get warnings like "This key is not certified, there is no indication that the key belongs to the owner" do not worry, this is normal. As long as the signature is valid, that is enough. |
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It seems they need an editor. Or at minimum a proofreader. A cursory read showed numerous issues with just the writing, so have to wonder about the reporting...not to mention it doesn't follow the formatting for this section: The newest scaling proposal is called as Segwit2x. The entire proposal is spearheaded by Digital Currency Group; this is the investment conglomerate of Bitcoin [There is no such thing as "the investment conglomerate of Bitcoin"]. The primary objective of this proposal is to introduce two main changes in the Bitcoin network and contribute towards its progress in the future. The first change out of it would be an optimization within the network, which is named as Segwit. Segwit is also called as segregated witness. It has the ability to increase the parameters that limit the size of transaction blocks. At the moment, the limit size is not a dynamic parameter and it is hard corded. With Segwit, we can expect the limit to get changed. One of the most interesting facts associated with Segwit2x is that it is compatible with about 80% of the computing power that is associated with the cryptocurrency. Some of the leading Bitcoin mining entities such as ViaBTC, F2Pool, BTCC, Bitmain, Bitfury and Bitcoin.com have come into a common agreement in order to show their support towards Segwit2x. However, they are not along and 50 other startups in the Bitcoin network are willing to show assistance towards this initiative. The collaboration of the leading Bitcoin minors [They are under 18 if in the US?] has contributed a lot towards the validation of Segwit2x. As per the functionality of the cryptocurrency network, it has become important for the miners to get updated with new software. However, the expectations and the motivations of miners still seem to be varied. As a result, some of the experts attached to the cryptocurrency network believe that a split in the network can take place in future. For example, Wang Chun, who is the owner of F2Pool, is not in a position to provide assistance to the Segwit2x proposal. He owns about 7% of the entire hashing power of cryptocurrency network. If a split happens, it would create a tremendous impact on the entire industry in the long run. Some of the leading figures attached to cryptocurrency believe Segwit2x as a positive initiative. Jack Liao, who is the owner of Lightning Asic holds a prominent place out of them. Lightning Asic is a manufacture of Bitcoin wallet hardware, miner hardware and Bitcoin ATMs. According to him, the past issues that took place within the cryptocurrency network have contributed towards its current implementation. However, he strongly believes that the network should evolve along with time and Segwit2x would be a significant milestone associated with it. Read more at: crypto-news.net |
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Right can anybody help me?
I bought some bitcoins back in 2010, a quite an early time. I know I have at least about 20 coins(actually there was probably a lot more), they were placed in a folder on my PC and I remember my PC making them look like notepad files. Since then my hardrive has been formatted maybe twice in total to be honest. I also remember renaming the wallet file as I was worried that somebody may hack my PC and steal the coins.
I tried recuva without look, there seems to be a lot of files which aren't accessible or corrupted.
Is there anyway these coins can be traced or found on my hard drive? I am willing to share 10% if anybody can find them.
Regards
David.
Formatted twice and not restored from a backup, correct? Do you by chance have a backup anywhere? How long ago was it formatted? Has it been used a lot since? The longer ago it was formatted and the more it was used decreases the chances of recovery. Are you still using it? Some other options for scanning are mentioned here: http://onbitcoin.com/2013/10/29/recover-lost-bitcoin-hard-drive-wallet/ |
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And now seemingly talking their book. 😀
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I lost 20 BTC my HD died and I lost wallet backup. I just want keep my pc running a couple of days trying to get the key, I know it is a waste of time but id like to know if any software can do it.
I presume you tried one of the HD recovery services? That is the thing that makes sense. |
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And if you are truly cashing out that much, think about talking to an asset protection attonery who can combine it with an estate plan so that if you become a target of a lawsuit - e.g. car wreck, slip and fall on your property etc - you will be able to protect at least some of your wealth. A domestic (US) asset protection trust or off-shore (e.g. Cook Islands etc) are options, but a non-triggered US trust is probably the best.
With that kind of cash, it is easy to be a target, so (a) don't discuss it with a lot of people and (b) take some steps to protect it from vultures.
And of course there are the guys who might try to get your pregnant if your are female or get pregnant by you if you are male...
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Coinbase limits you to 100,000/week.
Use a well known, regulated exchange. Cash out, say, 10% at a time so if something goes wrong, you aren't completely screwed.
If you are in the US and are concerned about taxes, are they short term or long term gains? (< 1 year or >= 1 year?). If long term, they are then 15-20% depending on your bracket. If they are short term, how close are you to a year because it can save a lot. If you bought July of 2016, you are nearly there. (And, what is your basis?)
At 20% that is $1 million. Have you talked to an accountant about things like splitting across tax years? How have you titled them? E.g., perhaps you held some for kids or grandkids (perhaps in trust) who you intend to leave money to in several decades?
Have you considered some of Puerto Rico's tax benefits for US citizens? Again, best talk to an accountant who is familiar with it, but perhaps it could save a lot in taxes.
Edit: and don't forget, they could decrease, depending on Congress and the President.
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i bet they'd pay $100/tx for digital gold, and mid-sized international remittance, I would. still be really good if fees were much lower. It is a statement of what his opinion is about what "digital gold" would be worth and factually what he would pay to use it in the first half and what his wishes were in the second half. People do discuss things when there is a discussion going on. Talk about someone trying to twist a tweet into something it wasn't. |
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What are you trying to do?
If you are thinking you can just make your own seed by thinking of 12 "random" words, it won't work. BIP 39 is much more than just a bunch of random words, it is an encoding for a random number. It includes a checksum, so you can't just think if 12 random words and call that a valid BIP 39 mnemonic. It is far better to use a wallet that supports BIP 39 to generate the mnemonic for you since they actually generate the random number first and then encode it as a mnemonic.
stefek99, perhaps this might accomplish what you seem to be trying to accomplish: Generate a BIP 39 mnemonic for, say, bitcoin and then use that same seed phrase on other wallets for alt-coins. So you could use one BIP 39 wallet to generate the first seed phrase and then restore that same seed phrase in your wallets for other coins? As far as whether that would work, I haven't tried it myself, but if the alt wallet and alt-coin haven't altered the spec, it could work. [Just be sure to use a non-backdoored wallet on each alt, otherwise you could lose your coins everywhere.] |
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Can someone please help me. I have 1 casascious Bitcoin that I want to redeem but I cannot find where I can redeem it with my private code?
One thing to consider is that you might get more than the value of the bitcoin on it if you sell it as is. I think I saw somewhere one sold for 8000 or something. |
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8916100400000 is the number of possibilities, no? Is it not 12 ^ 12?
No, 12! (12 factorial) Or as Danny pointed out: 479,001,600 |
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One thing I'd add to this relates to the part about its utility being the "ability to move money", is that this alone is not the sole utility of bitcoin. For example, a store of value is one well known use case, particularly in countries with high inflation or capital controls. Likewise a block chain that is backed by the work securing it may be used to record things - the existence and state of a file or files for example, like with archive.org.
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"Could", "might", "may" etc are all good weasel words where the author isn't very confident. I agree, it could, or it could not. Ask me in 10 years and I'll have a better idea. |
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If I install Bitcoin Core v 0.14.1, do I automatically support BIP 148 or is there anything else needed, e.g. some commands in the debug console ?
http://www.uasf.coScroll down about halfway: How can we show support for BIP148?
The best way to show support is to champion it through social media (Twitter, Facebook, etc…) and petition businesses and wallets to support it. Many users are also altering their node’s user agent string to include BIP148.
To signal #BIP148 on Linux on your node before binaries are released:
echo "uacomment=UASF-SegWit-BIP148" >> ~/.bitcoin/bitcoin.conf && bitcoin-cli stop && sleep 5 && bitcoind
To signal #BIP148 on Windows, you can edit the shortcut for Bitcoin as follows:
...
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I want to install Bitcoin Core on my system which I have newly formatted. I have done this several times before. Now, I am wondering which version to use.
The newest one is v0.14.2rc2 But what the hell does the rc2 mean?
Also, is it best practice to always install the newest version of core in terms of reliability and safety?
Is it possible to install a new version of core although there is already a core client with an older version installed?
rc2 = release candidate 2 It means 0.14.2 is getting close to release depending on any bugs found in 0.14.2rcX I'd recommend 0.14.1 until 0.14.2 is out unless you wish to be testing it. |
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