1. You can choose between two backups:

• Recovery seed backup. This is the 12-24 words you write down.
• A keystore file. You can save it on your computer, and secure it with a good password.

2. You can use either one of the two backups to restore your wallet.

Precisely. Bitcoin in itself is quite complicated enough for the typical non computer literate person. LN is going to be a lot harder to use for them. Hence my point of the challenge here is mostly on the user experience category.

Mostly here and especially on r/Bitcoin, I've been seeing mostly, around 95%, positivity when it comes to the lightning network.

I'm just curious. For a change, let us look at the negatives. What are your criticisms concerning the Lightning Network? Do you think it's likely to succeed?

Personally, I think it's likely to succeed, though I think it will take a lot longer than people are expecting. I think it's going to be difficult for the developers to make LN easy enough to use for the end users, to the point that they couldn't even differentiate if they're using LN or just normal transactions.

You're lecturing me as if I was trying to apply.   Get your post count somewhere else.

If we were able to transfer merits after a ban, where would your "friend" transfer his old merits?  :thinking:

For that to happen, consensus is going to be needed. The developers can't simply just change the number then boom we have a billion bitcoins. If they could simply do that just by changing values in the code, then bitcoin is fucked.

Not to mention that a hardfork is going to be needed to achieve this, so it's extremely unlikely.

Take a quick look around the Meta section and take a look at the people complaining that they got banned without breaking any rules. Specifically, plagiarism.

What do they have in common? Yep. 99% actually committed plagiarism.

That's your problem right there. For someone who has been registered since 2016 and is in one of the best and respected signature campaigns, you should've known better to not listen to these so called "analysts" and "experts".

About Klaytn(from their website): "Kakao’s global public blockchain project Klaytn is an enterprise-grade, service-centric platform that brings user-friendly blockchain experience to millions. It combines the best features of both public blockchains (decentralized data & control, distributed governance) and private blockchains (low latency, high scalability) via an efficient 'hybrid' design. Klaytn is secured by participation from numerous highly-reputable brands around the globe, working together to create a reliable business platform atop a robust system of decentralized trust. Klaytn enables businesses and entrepreneurs today to capture value using blockchain technology. Klaytn is the future, designed by Ground X."

Sources:
https://www.klaytn.com/
https://medium.com/klaytn/introducing-klaytn-governance-council-66281fe8610

If you can't even get accepted to the Stake campaign knowing their spam practices, then there might something be wrong with you.

Thanks for the heads up. Should've given more emphasis on SegWit.

True. I didn't mind though, as I wasn't really interested in the reasoning anyway because it's all price speculation. I just saw the title as a sort of click bait.

One contributing reason why the mempool got really congested in the bull run of 2017 is because of the lack of SegWit support from the exchanges and from the bitcoin users in general. While SegWit adoption is a lot higher this year, it's still nowhere close to 100%. So please, just so the same won't happen like in 2017, use a wallet that supports any of these two:

• P2SH addresses (3xxxx...)
• Bech32 addresses (bc1xxxx...)

Not to mention that you're going to save a significant amount of satoshis when you transact quite frequently(when using P2SH or Bech32).

Great open-source wallets that support either address type includes:

• https://electrum.org/
• https://blockstream.com/green/
• https://wallet.mycelium.com/
• https://samouraiwallet.com/
• https://bitcoin.org/en/download <-- kinda more for intermediate bitcoiners

Do your part ladies and gentlemen.

A lot of people are going to feel stupid once 95% of the altcoins dies simply due to them being really completely unnecessary.

Just watched this video just recently because of it annoyingly appearing multiple times on my YouTube feed. In my opinion, it's probably a great short documentary(44 mins) to send to people if someone you know wanted to know what bitcoin is(non technical). It's a good one if you ask me.

NOTE: While the title sounds like the video is focused on the market value of Bitcoin, it's not.

Documentary includes:

• Central banks and hyperinflation
• Where Bitcoin comes in/The point of Bitcoin
• Common misconceptions and the similar complaints with past technologies
• Positive statements of multiple big names about Bitcoin
• How Bitcoin is slowly but surely creeping in into the mainstream
• etc

While most of the Bitcoin veterans most likely knows already 99% of what's discussed in this video, it's still a decent video to get more pumped up with the future of Bitcoin.

Video link: https://www.youtube.com/watch?v=V3VgbQ23E8k

NOTE: Video is not mine and I am in no way affiliated with the creator.

Wow! Thanks Coin-Desk! You pretty much reposted what people have been saying about trading pretty much everywhere! Appreciate it a lot! +420!

I'm quite sure that this has been suggested at least once in the past and a few people are using tags when posting topics, but anyway:

Potential advantages:

• Less clickbait
• For the topics to be more organized
• Probably enabling a sorting functionality?

Tags include:

• [Discussion] or [D]
• [Announcement] or [A]
• [Question] or [Q]
• [Help] or [H]
• [Guide] or [G]
• etc

I've been through a few mostly gaming communities and subreddits in the past with such a system, and it worked really well. I really couldn't think of a negative side-effect if this gets enforced here on Bitcointalk.

An admin can add a short message below the Subject text field to inform people of this new rule when creating a topic.



Probably unlikely to have something similar to the current version of Bitcointalk, but probably something similar with the newer Epochtalk version when it's ready.

Criticisms are very welcome.

"all cloud mining is a scam"

You're welcome.

At first I thought this topic was about digital coins/tokens concerning Bitcointalk. I was ready to lose my shit and talk trash to OP. Well done to the designs though.