OK, but is it possible to express this in conditional percentages? How many percent is 24 words safer than 12 words? To have an idea of the degree of their difference, if we talk about security.
The entropy provided by the 24 word BIP39 seed phrase is 2 128 times the entropy provided by the 12 word BIP39 seed phrase. Let me see, if I understand correctly from the above, then bruteforcing 24-words is easier than 12-words? This is true? But then it contradicts that 24-words is safer. Or am I confusing something?
You didn't understand BlackHatCoiner correctly. If you lose the same number of words in a 12 word seed phrase and a 24 seed phrase, brute-forcing the 24 word seed phrase would be easier. Let's say you have 23 words of a 24 word seed phrase and 11 words of 12 word seed phrase. On average, there would be 8 possibilities for the missing word of the 24 word seed phrase and 128 possibilities for the missing word of the 12 word seed phrase. If you miss the whole seed phrase, the number of possible combinations in the 24 word seed phrase would be much higher. |
|
|
|
Then why are all the sites showing Bitcoin costs $1-$3 to send. Cashapp for example hovers around $2 to get a 10 minute transaction, or $1 for a 2 hour transaction. Coinbase is a bit cheaper usually hovering around $1
That's because they charge you extra fee. When you withdraw bitcoin from a custodial service like coinbase, you pay the fee to the service instead of paying miners directly. Custodial services usually charge you more than the fee they pay to miners. If you use a non-custodial wallet which allows you to set the fee rate yourself, you can make bitcoin transactions with much lower fees. |
|
|
|
I was suspecting that OP may just have transferred funds from a 'trading account' to a 'main wallet account' and therefore only received a UUID-type 'transaction ID' instead of an actual Bitcoin transaction ID.
In the case of transferring the fund from trading account to the main wallet, they must make an on-chain transaction with real transaction ID. Blockchain.com trading account is custodial while their wallet is non-custodial. So, it's impossible to transfer the fund from trading account to the main wallet without making a real bitcoin transaction. Another theory is that the exchange gives you a 'transaction ID' before actually creating the real withdraw transaction.
It seems that this is how blockchain.com trading account works. However this identifier is purely internal and only matters within the exchange; only its support team can pull out more information and check what's wrong when given that UUID.
Exactly. |
|
|
|
Maybe, they are asking you to verify your identity again due to something else. The following article explains why some users from EEA countries have to do KYC again. Why Do I Need to Re-verify My Binance Account (EEA Countries)
You need to re-verify your account if: - You verified your account before the new EU Anti-Money Laundering Directives standards were implemented;
- You haven’t submitted your Proof of Address or answered the enhanced due diligence (EDD) questionnaire before;
- You used the old ID verification vendor to complete the ID verification;
- Your previous verification does not meet the requirements for the new EU Anti-Money Laundering Directives standards.
|
|
|
|
What exactly is the reason one is interested in the pubkey of an address ?
Public key is needed only when you want to make a transaction. Your transaction should contain the public key, so the nodes can verify your signature. Since the public key is calculated automatically by your wallet and broadcast to the network, you don't really need to know the public key of your address. That's why wallets usually gives you the addresses and private keys and not the public keys. Maybe OP is just doing some studies on how private keys and public keys are calculated. |
|
|
|
It's similar to when you want to withdraw from the exchange to your personal wallet. If the coins are still in the trading/swaps account, and there is nothing in the primary wallet, the exchange will show you a 0 withdrawable balance.
Not all exchanges work is this way. In blockchain.com trading account which is the topic of discussion here, you can withdraw your fund to any address you want directly without any need to moving the fund to another account or your main wallet. For example, kucoin is one of the wallets works in the way you described above. In Kucoin, each user has two accounts. One is for trading and the other one is used for deposits and withdrawals. |
|
|
|
Merit exchange? Is there any evidence that they are alternative accounts?
No. There is no evidence of that and I don't think they are alternative accounts. But generally speaking, if I send you 10 merit and tell you "I sent 10 merit to you and now I don't have any smerit. Can you please send me 5 merit?", it would be still merit exchange. But we see that this is important for the OP; maybe he has a nervous breakdown; I read his post history.
You are right. I also took a look at his history and just sent him 6 merit. |
|
|
|
Many beautiful words, but it would be more honest to return at least 5 merits.
Wouldn't that be like a merit exchange? BRINIRHA received 11 merit for a post that doesn't deserve to receive merit. This was the first mistake. If BRINIRHA sends 5 merit to Gallar just because he/she has received 11 merit mistakenly, it would be the second mistake. This is just my opinion and I think the best thing is to forget about what happened. |
|
|
|
|
A 12 word seed phrase is enough.
A 12 word BIP39 seed phrase provides 128 bits of entropy. Since a private key provides the same amount of entropy, with increasing the number of words to more than 12, you don't really increase your security.
Keep your 12 word seed phrase safe and don't worry.
|
|
|
|
There was no Bitcoin Core in 2010. The first Bitcoin Core release was in March 2014 (0.9.0). Before that there was Bitcoin-Qt (with first release in November 2011), and (experimental) Bitcoin (with first release in January 2009).
It was only the name that was changed and there isn't any big difference between them. Bitcoin QT was actually rebranded to bitcoin core in that time. Whether a wallet has been created by bitcoin QT or Bitcoin core, it should have created a wallet.dat file. Please correct me, if I am wrong please. To OP:
Since you have used your wallet for mining in 2010, you should have a wallet.dat file. As already mentioned above, try to find a wallet.dat file or your private keys. Note that if your wallet.dat file is encrypted, you will need the passphrase for decryption as well. |
|
|
|
I have a simple question, if I mistakenly post data such as my personal address, private key or any data that I later want to hide, and I contact @ and he delete it, will both sites comply with this deletion?
If a post needs to be deleted, I am pretty sure both LoyceV and TryNinja will delete the post from their website. LoyceV has already done so. See this post. TryNinja will do the same if that's required and he receives a request. See this post for more information. |
|
|
|
If everyone has a unique BTC address, how come that they can avoid broadcasting the transaction? Lots of people trading in all those CEX/DEX, the network should be full of those transactions, no?
Note that the deposit address they give you isn't owned by you. The address is owned by the exchange and they give it to you, so you can make a deposit. You have no control over that address. So, when you sell your bitcoin to someone in the exchange, there is no need to make a transaction from your deposit address to someone else deposit address. All deposit addresses are owned by the exchange and they have full control over the funds, whether it's in your deposit address, another user deposit address or their hot wallet. |
|
|
|
Well spotted! I'm not familiar with trading accounts or blockchain.com, but maybe worth checking whether there's also a 'funding account' or anything like that which allows you to actually withdraw funds?
Blockchain.com trading account works like an exchange and you can trade bitcoin and some other cryptocurrencies there. In blockhchain.com, there is no funding account or something like that. If you have verified your identity, you should be able to withdraw your fund from your trading account to your main wallet or any address you want directly. For more information: How do I withdraw from my Trading Account? |
|
|
|
First is to open the site, close it, off your data network and reopen the site, but I think that is not safe enough. Or is it safe? The risk is the same as downloading Electrum from electrum.org without verifying the binaries; there's a chance the site is compromised. Even if the website isn't compromised, that's like using electrum on an online device and there's still the chance that your computer is compromised. The safer method (not the safest) is to save the webpage as a file, move it to an air-gapped device and use it there. |
|
|
|
|
The transactions shown in the images you shared have been made from your trading account, not your wallet.
I haven't ever used blockchain.com trading account and I don't really know how it works. I just know that KYC is mandatory in blockchain.com trading account. Have you verified your identity? That may be why they haven't processed your transactions.
Contact blockchain.com support and ask them why these transactions haven't been processed. They have full control over trading accounts.
|
|
|
|
How reliable is Bitcoin, what will it be if someone will generate a new blockchain or another digital currency, will it make bitcoin fall down, and how fast?
Many people have already done so. That's very easy. Currently, there are many other cryptocurrencies (called altcoin), but none of them have been able to compete with bitcoin. None of the altcoins have been able to provide the security and the decentralization bitcoin gives us. Just go to coinmarketcap.com and see how many coins/tokens have been already created. |
|
|
|
I sent it from 3EkKxC1kDrJc4MvRqkXXyt7mpiA5UCLoRs on the 17th of June to 3KMzcn86gMwdY9GbsemeTKrEw8cJhS8yZc
According to blockchain, no transaction has been between these addresses. Given the transactions received and sent by 3EkKxC1kDrJc4MvRqkXXyt7mpiA5UCLoRs, it seems to be owned by a custodial service like an exchange and can't belong to your blockchain wallet. It's impossible that you have made a transaction from this address using your blockchain wallet. |
|
|
|
You can use transaction accelerators like ViaBTC when your transaction is unconfirmed and you want it to be confirmed fast. The case is different here. The transaction hasn't been broadcast to the network and doesn't exist in the mempool at all. |
|
|
|
I am just curious why and how you think Bitcoin volume decreases. Do you have any sources?
OP already said that he was using tradingview chart. See this post. Since Tradingview uses the data extracted from Bitstamp by default and Bitstamp's volume has decreased, he/she thought that bitcoin trading volume has decreased. |
|
|
|
Has anyone calculated the probabilities of winning big in wheel of fortune?
The chance of winning the biggest prize (The $15,000 Rolex) is 1 in 2 billions. The chance of winning the $1500 iphone is 11 in 1 billion. The chance of winning the $500 Amazon gift card is 3 in 100 million. You can calculate the winning chance of each of other prizes using the following table easily.  |
|
|
|
|
Show Posts
