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1821  Bitcoin / Bitcoin Discussion / Re: 18, holding my bitcoin and looking forward :) on: July 31, 2023, 04:13:34 PM
I have 1 Bitcoin @ 29k  & I keep about $3000 in cash in my bank as emergency fund
Tip: don't dox yourself on the Internet. You're putting yourself in danger for absolutely no reason.

The only thing that can stop bitcoin is probably the government.
The millions of attempts from governments across the world should have convinced you it's unstoppable already.

I am gonna start deciding to sell it at end of 2024 , but I guess i could wait till end of 2025.
When selling it, be careful and use a peer-to-peer exchange. Centralized exchanges like Binance have gone full anti-bitcoin in the last years. Don't ever submit KYC in those places, and sell in small portions.
1822  Bitcoin / Bitcoin Discussion / Re: Lightning Network Observer on: July 31, 2023, 04:06:41 PM
my first 3 paragraphs were answering his question about gmaxwell.. read them it mentions gmaxwells triggers
Use links. Use quotes. Use something. I won't attempt to search for anything above, as I consider it trash talk. Your posts lack coherence in paragraphs and barely meet the definition of text. If you want to have an adult conversation, you'll have to minimize your girly crying, and provide substantial context.

Sounds pretty exciting, no?
It is pretty exciting, although we haven't seen it in practice yet and it sounds. There's also Ark which was proposed more recently, and it's even more exciting.
1823  Bitcoin / Wallet software / Re: LIPA, a non-custodial Lightning wallet without sending function on: July 31, 2023, 03:58:29 PM
E-mail registration and country limitation, super private and borderless, exactly as envisioned!  Roll Eyes

So basically, it's a lightning custodian. But there's something stinking as they don't make it sound as custodial. From FAQ:
Quote
Bitcoin only: lipa deliberately focuses on true decentralization and a system where no one with money can take control. You are always in control of your money.
Quote
All users of the lipa app have full control over their credit at all times

Something definitely don't go well here. Users have full control over their credit? What does that mean? You're in custody of your IOU? Lol.

No terms and conditions, I don't see the privacy policy
It's here: https://lipa.swiss/en/datenschutz.html
1824  Bitcoin / Bitcoin Discussion / Re: The blocksize war - franky1 is an absolute piece of shit on: July 30, 2023, 07:17:47 PM
you dont have blockdata?
The diagram might be correct, and as the NYC and the miners activating segwit are concerned, they can be verified, indeed. The UASF, though, cannot be confirmed, as that votes weren't timestamped anywhere. I'm still unable to see where the blackmailing is.

also if i was to just paste block data into a forum. you wont look at it, you will instead just auto reply a cry that you cant trust it.. so only option (the rational option) would be for you to run a full node and get your own copy of blockdata from diverse nodes thus you cant cry that im spoonfeeding you info for you to ignore/distrust
For your info, I'm running Bitcoin Core v24, and I've been running a full node (or full archived node as your little head comprehends) about two years now. You, on the other hand, are questionably even running some Bitcoin client.
1825  Bitcoin / Bitcoin Discussion / Re: The blocksize war - franky1 is an absolute piece of shit on: July 30, 2023, 06:11:18 PM
do your own research
Aren't you bored already with that line? You've been spitting that every time you're losing an argument. "Do YoUR owN ResEArCH!". Research what. Give us to understand. Talk to us, not at us. Use links, quotes, whatever.

learn WHY gmax said what was said..
Tell us what he said. Where he said. Why he said. Give us some context.

so they and all readers of this forum should do actual research using block data that does not lie. compared to their social quotes of the people they enjoy..
Give us the fucking block data that is gatekeeping the truth. Please. Something more than utter girly whining.
1826  Economy / Service Discussion / Re: Recommendations for setting up a lightning-based service on: July 30, 2023, 04:01:26 PM
If you don't need terminal/root access and want to lower opreational cost, consider "web hosting" service rather than VPS which usually support php, mysql and wordpress.
The way I imagine it, is as following:

User visits site with two pages; deposit and withdraw. When depositing, the user receives a lightning invoice. To accomplish that, the site will give you an onion link, which will be my home's Raspberry hosting a mini-payment-processor page, with just the lightning invoice. Once paid, the Raspberry must query the site's database. Similarly, you can withdraw money.

ANY service provider even if I am having my job do it for you as a bitcointalk friend is going to hand your data over to the government if they show up with a subpoena / court order.
I understand, but it's quite different hosting that kind of stuff on an Azure, as they've made publicly clear that they don't like cryptocurrency supporting software in their servers, and with hosting it in some developing country in Africa, where even copyright enforcement is barely applicable.
1827  Bitcoin / Bitcoin Discussion / Re: Full relay : cost and benefits on: July 30, 2023, 10:44:25 AM
its not even 20 HD movies
Lol, what kind of movies are you watching? 30 GB+ each is craze, even for 4k.

if a transaction is $2 and a nigerians real world income is $0.30 an hour. they would have to work most of a whole day just to pay a fee to use bitcoin..
What to do about that. This is the cost nevertheless. If you can't give $2 for a couple of transactions, then bitcoin isn't in your favor. These $2 can't just go disappeared, unless we raise the block size to an extent that it'll stop being decentralized sooner or later.

Do we have any data from what Nigerian banks charge for transactions?
1828  Economy / Service Discussion / Re: Recommendations for setting up a lightning-based service on: July 29, 2023, 09:37:09 PM
For example, when you will read the whitepaper provided by Azure then you will read somewhere that they did not provide users' data even to governments until you will give them permission.
Azure is a Microsoft product. I'm pretty sure they will give the users' data to governments, given they're selling out every last piece of personal data already from all their products, Windows 10/11 first and foremost.

No, I don't trust it, not for money confiscation; rather, for denial of their service. Not sure if I'm a money transmitting service according to the country Azure will run, and I definitely don't want Microsoft to stick in their nose and make it any easier to turn down.

Ans AWS is also a good option for you.
Hmm. I don't think I need that much. As far as I know, AWS comes quite expensive, but besides that it also falls into my "denial of service" category. If I'm not mistaken, Amazon had announced last year that they'll be shutting down servers that are caught to using cryptocurrencies. Yeah, no thanks.
1829  Economy / Service Discussion / Recommendations for setting up a lightning-based service on: July 29, 2023, 02:52:28 PM
I'm thinking of implementing a little project of mine, which involves depositing and withdrawing coins to / from my lightning node. I don't have the resources to run this from my home (and I neither want to), so I'll have to trust some intermediary (i.e., VPS or simple web hosting) for not messing up with my money. The intermediary will not hold access to my lightning funds, but they will have access to the mysql database, which will list every user's balance.

I'd like to read some recommendations on which service I should use. I need the server to run php and mysql.
1830  Bitcoin / Project Development / Re: Mixin Safe: A Convenient and Decentralized Multisig + MPC + Timelock solution on: July 29, 2023, 08:14:46 AM
Second, we have been running for 6 years, that's long enough, we have no incentive to go offline.
Don't you think it's hypocritical to call your product decentralized respecting, and requiring your presence at the same time? Neither does Coinbase has incentive of going offline, but shit happens. Shouldn't the average user be able to do this alone, with their family member, when your service shuts down?

Also, I'm sharing the same thoughts with dkbit98 and examplens. What's the phone number for? In your website, it says "Social recovery with phone number and PIN". Is it compulsory? I don't want to give my real phone number, and I neither want to give a temporary that isn't mine, because then the third party can recover the wallet.

I'm preparing the review, so I'm trying to figure out what's wrong.
1831  Bitcoin / Bitcoin Discussion / Re: Lightning Network Observer on: July 28, 2023, 08:34:54 PM
Can't even answer a question. Idiot.
1832  Economy / Services / Re: [CFNP] Mixin Safe - Decentralized Bitcoin Custody Solutions | Review Campaign on: July 28, 2023, 08:29:25 PM
As was discussed in PM.

Bitcointalk rank: Legendary
Lifetime earned merit: 5756
Bech32 address: bc1qgyvqu6t33p2cdfqp8pucym8tggzexx87nraslz
1833  Other / Beginners & Help / Re: What's your OS on: July 28, 2023, 05:02:03 PM
What is the recommended open source OS besides Linux and for phones?
Don't use a mobile OS that isn't linux based. Rule of thumb. As already explained, nothing is nearly as stable as Android, let alone as maintained.

The real question is which mobile, Android based OS you should use. That's a never ending topic for discussion, but I have come to this conclusion: de-googled or open-sourced google-based OSes (which are what portrait themselves as safer alternatives) are quite frustrating to use. Depending on your preferences, it's most likely that in such OSes you will face a lot of trouble (especially de-googled). But the main problem, in my experience, is that they aren't available for the vast majority of mobile devices.
1834  Bitcoin / Bitcoin Technical Support / Re: Checksum and Entropy on: July 28, 2023, 03:04:57 PM
The following makes a great breakdown of these term:
- https://github.com/bitcoinbook/bitcoinbook/blob/develop/ch05.asciidoc (this one talks about deterministic wallets as well)
- https://learnmeabitcoin.com/technical/checksum (already shared above, great site for learning the technical parts)

Or you can throw a dice 128, 160, 192, 224 or 256 times and record it in binary.
Sounds too many. Each dice roll gives about 2.58 bits of entropy if you apply Shannon's equation. Throwing it 50 times will generate ~129 bits, which are enough.

Fun fact: Throwing it a hundred times would suffice, even if the dice is very biased. Proof:

Suppose the probability of resulting 6 is 1/2, instead of 1/6. This means that on average, in every two rolls, you get a 6. We know that:
Code:
for i from 1 to 6: Σpi = 1
=> p1 + p2 + p3 + p4 + p5 + p6 = 1
=> p1 + p2 + p3 + p4 + p5 = 1 - p6 = 0.5
=> p1, p2, p3, p4, p5 = 1/10

Equation becomes: H(X) = - (p(1)*log2(p(1)) + p(2)*log2(p(2)) + ... + p(6)*log2(p(6))). For i=5, p(i) = 0.1  (for i < 6), that's equal with: -Σip(i)log2(p(i)) - p(6)log2(p(6)) = 1.660964 + 0.5 = 2.160964.

Rolling it a hundred times would give you about 216 bits of entropy. Please correct me if I'm wrong somewhere.



Went a little bit off-topic, but it does good to refresh your math knowledge once in a while.  Tongue
1835  Bitcoin / Bitcoin Discussion / Re: Lightning Network Observer on: July 28, 2023, 01:45:10 PM
He claims he made his own client and has never published it.
Yeah, that's like top tier franky shitpost. So, throughout the years of non-stop whining about what the developers should do, he writes up one morning "I have written my own client". Lol. Nope, I'm not buying that.

I'm feeling deja vu. I do had asked him to give me the code of his client before, because I wanted to read it. Apparently, I can't read it, because it doesn't exist.

You're the most disgusting person in the entire crypto-space.  Far worse than Wright or Ver combined.
I get the annoyance, but that sounds extreme. Dumb people are nonthreatening. Wright and the other pedophile have actually attacked Bitcoin. Astronomical amounts of shitposting don't reach that, because effecting change requires taking action. Merely complaining without purpose won't take you anywhere beyond your couch.
1836  Bitcoin / Bitcoin Discussion / Re: Lightning Network Observer on: July 28, 2023, 12:21:41 PM
you are the ultimate troll that are again spouting silly rhetoric trained on you by an idiot mentor of yours that makes you think those that dont treat core as god must be a fork coin lover
You know you have to stop calling someone "trained" and lacking critical thinking, simply because they don't agree with you. Just point out where he's wrong.

have you ever tried to question your gods in a critique way, instead of pandering to their gospel
Have you ever attempted to actually answer us the ideal way of running Bitcoin? Without rising the block size limit every once in a while obviously, that isn't reasonable. The only thing I've been reading from you since my registration is "devs don't look that", "devs don't fix that", "devs shouldn't write that" etc.

Telling us what the fuck version of Bitcoin you've been running would be a nice start. We know it isn't Bitcoin Core as the Core developers are like, the Darth Vader of Bitcoin in your little head, and it isn't Bitcoin Cash and Bitcoin SV either. So what the fuck are you running, kindly asking.

by the way there have been other devs not corporate sponsored and not part of any numbskull pigeon hole group you want to put people into who have made other subnetwork bridges with far more capacity and liquidity than LN,
Telling us who they are, would be the next step. Who are they? Don't just tell us they exist. Point them out.
1837  Bitcoin / Legal / Re: CBDC in Russia on: July 28, 2023, 11:53:26 AM
Now imagine ECB launching CBDC and making a smart contract that forbids your wallet from sending money to well-known CEXes like Coinbase, Binance, Kraken etc.
Good. So that means we'll have an abrupt rise in peer-to-peer exchanges like Bisq. Again, there is no way to stop me from buying bitcoin, unless you enforce me to justify every transaction I make, and even that way, you can't know I'm lying.

Of course people will be ingenious to find other -roundabout- solutions: I can buy a highly-sought product (let's say a PS5 or an iPhone*) with CBDC and then sell it in the black market for BTC.
That's very roundabout. Just sell it peer-to-peer, and you can even select a premium price. In fact, I have never sold bitcoin without a premium price once. I'm regularly charging an extra 5% whenever I'm not in hurry, and a 2% when I'm in hurry. People buy those.
1838  Economy / Economics / Re: Fed on brink of fifth(?) round of quantitative easing on: July 28, 2023, 07:42:27 AM
i'm not saying i think bitcoin will go to 0 but why does it have to appreciate in price above where it is now in order for it to succeed?
Depends on how you define success. If you think global adoption will mean success, then it probably has a long way to succeed. If you need it to transact online, privately, permissionessly, etc., then it has already succeeded.

I'm getting the impression most of us in here would prefer the former, than merely staying an irrelevant, Internet currency, because we're financially invested. But please take a moment and appreciate what it has already offered to us.

i would think a more rational measure of success would be on its different use cases of which I only know one. holding it hoping the price goes up. i think some people might actually use it to transact such as buying things but i would say they are a minority.
Actually, I think the fact that a minority uses it to buy stuff, proves itself as superior money.
1839  Bitcoin / Development & Technical Discussion / Re: Lightning network on: July 28, 2023, 07:36:19 AM
By "run the software non-stop", do you mean "run Electrum non-stop"? If so, it doesn't seem very reliable since Electrum (the wallet software) still need to rely on Electrum server.
Correct, but if you're connecting it to your full node, then I'm supposing you won't have any reliability issues.

It's a trade-off between convenience and risks, and with LN, I choose convenience. But I wouldn't risk more than (say) $50.
Yeah, you can't do much in lightning with just $50. I mean, if you open a $50 worth channel with someone, chances are, they aren't big in liquidity. So you're probably going to have lots of failures. So questionable convenience.  Tongue
(also, $50 are easily spendable, you'll quickly need another channel)
1840  Other / Meta / Re: How Can We Identify Someone Who Uses AI? on: July 27, 2023, 03:05:46 PM
These two statements seem to be at odds with each other.
You can't detect AI produced text, but newbies who just want to make a few bucks are easily detectable, because they don't utilize it properly. For instance, they don't request to use some different dialect.

Anyway, what matters first and foremost as far as forum reports are concerned is if a post is spam or not. If it contributes nothing of substance and is suspected to be written by AI, it stands a much higher chance of being deleted than if it is just suspected AI.
Usually, I notice AI posts when they respond with much more content than required. A newbie making four paragraph long posts, is quite suspicious.
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