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Since I never ran it I'm trying it out now. Put a 1TB spinning drive in a 4th gen i3 with 8GB of ram and am in the process of download the blockchain now.
Somebody remind me in a week to take a look at how it's going. I really hate spinning drives but it's all I have for larger then 512GB in the office. All the real ones are in the DC.
Looks interesting since it's a compiled executable along with core it should allow people who 'don't know computers' to run their own electrum server without too much effort. Which is good for privacy.
-Dave
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lightning address is LNURL all it does is make something a bit more human readable. luridbank39@walletofsatoshi.com is a lot easier to send to then: lnurl1dp68gurn8ghj7ampd3kx2ar0veekzar0wd5xjtnrdakj7tnhv4kxctttdehhwm30d3h82unvw qhkcatjd9jxyctwdvenj3nlh0u https://github.com/andrerfneves/lightning-address/blob/master/README.mdWith that being said LNRUL has been in use for over 2 years in a lot of wallets. If not every day, I use them several times a week with 0 issues. I have a lot of things out there that just get payments to then with no issues. -Dave |
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You know that you can't be sure of the KYC documents a centralized exchange will ask of you throughout the time you are going to use them, because they asked for a phone number and an email address at the beginning does not mean they cannot confiscate your funds later on and ask for more personal information which you must submit or forfeit the funds to them.
In their terms of service they also warn that you should not submit fake documents, so if after submitting fake documents to use the exchange and later on they ask for more informatiom about you and the details you submit later somehow proves that the initial documents were forged, they would lock the account, seize your money and accuse the user of fraud or money laundering. Kyc is kyc, and it is always a big deal because you can't predict what the exchange will do in the future.
There is a difference between submitting fake documents and giving info that could be faked. i.e. 123-456-7890 is not *my* phone number. But I buy bulk things at auctions and you would be amazed of how many cell phones I wind up with that still are active after sitting in storage for years. If it can get a SMS it's good enough for me for the moment. Office Suite 810 does not exist where I work. But all the mail in the building comes to a common space, so it would just get thrown in the pile if you need to get something shipped there. And so on. -Dave |
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Bitcoin's decentralized and permissionless nature is its biggest advantage but also its biggest weakness: it's too easy to create fake nodes.
...
Nodes are not important, it's the miners that matter. You can spin up all the nodes you want and change anything you want with them. Unless the miners see and then mine the transactions that those nodes provide it does not matter. AND THEY WILL NOT MINE THEM since they would not be valid transactions on the network so the miners nodes would reject them. Period. Full stop. There is zero reason to change the way BTC works. It is functioning with no issues. If you want to fork off and make an altcoin, that is fine. If you come up with a better way of doing it, people will follow. If not, then they will not. -Dave |
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So to make it simple:
1) Keep your seed safe and private (Duh!)
2) Longer things are more difficult to compromise then shorter things when done properly (Duh!)
3) Security is only as strong at it's weakest link (Duh!)
The 12 word thing was done before, and discussed to death. But it is good to bring it up now and then to remind people about security.
-Dave
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With more and more exchanges asking for KYC, and some people being a bit more privacy oriented / or even just caring about it then others. I was just wondering what people thought of KYC info vs. 'whatever info'
Picking on localcoinswap.com they ask for an email address to sign up that then then send a code to for verification and then a cell phone that they can send a text to.
That's it. But some people consider that KYC. I look at it as since I have a few phone numbers that cannot be tracked back to me [no real reason just wound up with them] that it's not KYC. Send me a text, to that number I really don't care.
Some places go deeper and ask for an address and other things but really never verify it. I have a few places that think I live in a building that was torn down a few years ago.
Then you have the 'full anal probe' KYC
So, for me the 1st 2 are not a big deal. It's just the last one that *I* think is KYC.
What do the rest of you think? And do you really care so long as there are non KYC options.
-Dave
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It's sad that there has been theft of assets from other communities here in the crypto space. Both of you are retired and then the same thing happened.
As far as I know, this coinomi does not provide the latest updates on their social media platforms. Their last announcement on twitter was in April 2022, after these times they have not given any latest plan and development for the community of coinomi and there are many users complaining about it.
IMO Coinomi has gone from an active project to a 'side hobby' of whoever is maintains it. Their social media is just about dead. XMR and other coins are having issues and a few other minor things come to mind. This is not to say it's any less safe then it was or worse then any other closed source hot wallet, just that it's not as actively supported as it once was. The flip side is that there are some actively supported wallets that do suck so there is that...... Just as people have issues it looks like it's going to fall more on the community to support them then Coinomi. -Dave |
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That 81 (5.6%) number seems a bit high. I only found about 40 blocks that were not full / 99% full in the past week. But, there are not 1440 blocks per week. There should be about 2016 blocks every 2 weeks (per difficulty adjustment) so every week you get in the range of 1008. So looking back from now till last Thursday, may be giving me a different number then you if you went back 10 days (about 144 blocks per day) -Dave |
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UK's not going to become a crypto hub, I don't think. I'd be surprised if they did, as the FCA is shutting down exchanges left and right.
It's more of a crypto hub than a lot of other capitals, though -- where else would you have seen Shiba Inu posters and ads legally plastered all over public transport? If that doesn't say crypto hub, not sure what does. That FCA is looking to crack down on misleading ads is because of the investment risk to the public, I actually think that's a good thing. FCA is shutting down exchanges who aren't compliant -- that's their job. Exchanges who are compliant (Coinbase comes to mind) started out fairly recently and are operating great. UK is just one of the few countries outside US you can get a crypto credit card from a principal member (again, Coinbase). If that doesn't say crypto hub, not sure what does. Crypto hubs shouldn't mean lawless hub... But some people want that. They want 0, none, nada, regulation. That is the problem. The more you fight, the harder they come back at you. Work with them, educate them, fight them on the important matters, help them understand why things are a certain way. Just screaming money should be free, will never work, and for those who follow history, has never worked. -Dave |
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Oh great, it's curious to know that by chance it was registered btc before its birth, is it possible to trace the previous owner? Maybe we find Nakamoto by accident  Back in the 90s during the .com boom everyone registered everything. btdusa.com and bteusa.com and so on were all probably registered at one point in time. Some stayed, some did not. I have a bunch of domains sitting in my account that go back to 1995-1999 and keep them just because of their age. It's one of those odd things in the internet. Domain "X" is worthless, domain "Y" even though it's worse in terms of the number of characters or spelling or some other thing is worth more because it was registered 25+ years ago and never dropped. -Dave |
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The best way that I ever heard it said was "look at those multi billion dollar casinos they put up all over the world, the people winning sure did not pay for them"
The odds always favor the house. That is the point. Otherwise there would be no house.
To me, and many others it's just a form of entertainment. That one simple fact should never be forgotten.
I can go to the city and have a nice meal that costs a lot of money and then go to a show that also costs a lot of money. Say it comes to $500 for the night for 2 people including the train there and back. (New York) Some people will not think it's a bad way to spend money. Same way people will pay for tickets to a sporing event, or many other things.
At the same time, others will look at those exact same expenditures and think the person paying 'that much for that' is nuts. But, for the people who find whatever that activity is entertaining it's no big deal.
Gambling should be treated the same way. You don't go to a baseball game expecting to come out with more money then you went in with, nor do you go to a show and expect to come out with more then you went in with. Treat casinos the same way and you will be fine.
-Dave
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Dave's opinion and nothing more. 1) You 1st post is way to long. Get to the bullet points do an executive summary 1st. Then in the 2nd post give us the long thing that you have now in your 1st post. 2) There are other services that do things like this like https://thegivingblock.com/ What makes yours different? should be part of that too. 3) Other then a private proton email address you have no contact info, no business info, nothing listed on your site. Looks really sketchy. 'Send crypto to here, we promise we will not run' But if we do, you really can't find us. -Dave |
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...My personal computer is mainly used to chill out and play games. So I have moved to Windows at home....
If you do not want to put together a new machine to start the WSL is a viable option at 1st. Also, depending on where you are in the world RPi are slowly and sporadically coming back into stock if you just want to run a node 24/7 but not keep a full PC up and running. Bit of sarcasm, but you write software for Linux to learn and contribute, you write software for Windows to make money. -Dave |
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It's getting to the point that we should just post a list of existing non KYC exchanges and cross them off as they go away. Would probably save time and posts as they all are slowly going that way.   Sadly sooner or later I can see that list being very small. Everyone wants to fight 'the man' but it's time consuming and very costly and a lot of places just can't afford to do it. So they fold and go along with the rules. -Dave |
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It's Linux based so you can't run it directly. BUT, they have a virtual machine version of it: https://mynodebtc.github.io/advanced/install-virtual-box.htmlSo you install virtual box and then run the VM from there. So long as your hardware can handle it it's fine. Keep in mind once it's up like that you can't just reboot your PC, you have to shut down the virtual box (can take a while as everything exits) then reboot, then bring the VM back up. You may be able to do it with the Windows Subsystem for Linux https://learn.microsoft.com/en-us/windows/wsl/install but I have never tried. -Dave |
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Splitting hairs a bit but you are not 'off gird' at least by the conventional US way of thinking about it and describing it.
Here off grid, tends to mean, no internet, no computer, no phone and nothing like BTC, no power except what is 100% critical and not much else. It would be a cash / barter existence. Possibly an pre-paid flip phone for emergencies.
What you seem to be doing seems to be more of a no fixed location thing / nomadic thing. At least from how you seem to be describing it.
Again, different terms from different countries.
Using the nomadic description, I know a couple of people who do that.
Both retired living on pensions and such. Get up whenever they feel like it, drive the camper to wherever they want and then do whatever seems interesting at that point in time.
The seem to enjoy it, but it's not something I could do. My idea of 'roughing it' is a hotel with only basic cable and minimal free breakfast bar.
Neither of them are into crypto, but if they were 20+ years younger (my age) I could see them using BTC. But for now, that would involve trading and buying and using and that would interfere with their whatever / wherever lifestyle.
-Dave
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I know a few people sitting on a few large blocks of crypto that have been dormant for well over 10 years. If you had a lot back in the day and then broke it up into large blocks of coins (say 1000+) and then over the years moved them to spend it's really not that big a deal.
If you do a search, you can see topics similar to this coning up again and again every few months / years.
Unless people come out and tell us, and they probably won't. It's just people posting things to get clicks and or views. But, it's all 100% meaningless.
-Dave
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Look at all the OPs posts. He is just a rambling idiot. Might have actually gotten a PHd but it's from thunderwood. https://thunderwoodcollege.com/But more then likely in reality he has no BTC and he has no degree and probably no real skills either. With his posts about crypto, he has proven that he does not know anything about it either. Also, can we stop feeding the troll. [Dave looks in mirror, crap I just fed him too] -Dave |
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And on top of that, since Trezor does not use a secure element in their wallets, nobody should have been using them anyway.
Secure element is not a holly grail  It's better to be fair open source device without secure element, than to be closed source black box with NDA secure element. And btw Trezor is in final stages of releasing their own secure element. Fair point, but and this is kind of a religious argument in terms of this vs. that, but FOR ME a black box NDA secured element is better then no element. You and others may feel differently. Tropic Square has been coming soon for a while now, and yes I know there was a pandemic going on but it's been a 'we will use this one when it's ready until then no SE' and everyone keeps waiting. And looking at the way they do everything else in terms of security and privacy (this coinjoin, AOPP, the tor stuff you listed) do you really trust them to do a SE properly? -Dave |
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