Although Stake team confirmed no user funds were lost (i'm sure they would likely reimburse it) Users don't have a direct claim on wallets, so unless they can't afford to pay everyone, it makes sense that no user funds were lost. The crypto gambling community know how big financially Stake is, and they can reimburse the funds. A $100 million dollar mega deal with Drake is an evidence to the viral belief. On the other hand, it's said to have lead to the attack stake is having recently. Some write-ups about this incident centered on the profits of Stake casino, as a factor to the reason hackers targets the casino. |
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Bitcoin moves forward and may not drop down to the previous price it took off from. The price of bitcoin used to settle at $3000 and 20k per bitcoin was once an all time high. Today it steadies around 20k, what price do you expect bitcoin to hit if it picks up from 20k to bullish run. The unpredictable volatility of bitcoin, stretches the thought of bitcoin ever going higher. Because many that see bitcoin as an investment expect to make profits on bitcoin. They wouldn't discuss with people about how bitcoin could go very low in price.
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That's why we as investors need to remain vigilant at all times. Don't fall out with these shitty emails. Always be observant, always look at the website that you're visiting.
The fear should be that these people have OP's mail on their database. We must consider how we accept cookies or submit our personal mails on any website. There are many risk factors attached to the way random people's mails fly around the web. It gets leaked or sold most often. Thereby, increasing scam rate, just like the example OP shared. |
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Ist choice of rank/payroll: Senior member
Alternative choice (optional): Avatar
Merit Earned in the last 120 days: 70+
Bech32 address: bc1qrgp3ljsv9cm9cskwhp06xpzjphk6562404rt0n
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First, you need to visit sites like coinbase to purchase bitcoin. Different exchanges have unique transaction fees. After purchasing bitcoin don't keep funds on the exchange, if you do, it means they have control of the coin. Transfer your bitcoin to a wallet that issues private keys, which authorizes you ownership of the coin.
Mining security is maintained in different ways, such as digital signatures that uses ECDSA for validating transactions, chain work the difficulty or hashes required to mine a block, consensus rules that guides what rule miners should follow to mine a block etc. These factors help to keep the mining process secure from attacks.
A good reason why using bitcoin over other conventional currencies is that, maintaining the bitcoin network doesn't require any external help, every update happens within the bitcoin developers, miners and users. No other charges aside transaction fees.
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We all want decentralization on crypto space to be more than just Bitcoin only, but the truth is I believe there won't be another.
The reason why the first thing that come in mind, mentioning cryptocurrency, is bitcoin. It provides what investors see as true decentralization. It only gets worse for any decentralized project, once centralized bodies begin to fit in the process and use it to make money. Centralized exchanges have brought multiple bad publicity on bitcoin, similar to what you're explaining about centralized bodies launching defi projects. These guys do the most marketing, and attract multiple people, who don't know much of bitcoin, to invest and they'll end up losing money to hackers. The blame goes to bitcoin, not the centralized bodies. If only the masses understand how bitcoin works, a lot of scam project will be minimized. |
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This, OP, should be in the service section, not here. The services you provide, having multiple competitors, should be cheap. I've not seen such prices like on your website, too expensive. I don't intend using them, but have flocked around such websites and I thought the fun of selling social media services is keeping it very cheap. Why Spam the forum? I found this same post on project development board.
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- Run a lightning node in that VPS.
- Give your home-running node's macaroon access file.
Both of which give the VPS provider the authority to sign payments. (Reminder that to have a properly running node, you need some good financial capacity)Is there a way to have the VPS communicating over my home node via Tor, at least without forfeiting custody nor payment authority? If you're giving custody to any VPS, you just have to keep it stealth or colocate your own box with secured SSH access and an encrypted disk. Aside that, Voltage cloud is a good option, Voltage cloud integrated the Stateless-init feature that doesn't allow the Macaroon file written to disk. It returns the admin.macaroon to the API response when you initiate your node. The feature won't allow them access to your macaroon, as it'll be encrypted with the password you set for your node and sent to their API for backup. Here is a repo on Github for stateless-init read more about Voltage cloud if it's what you want. https://voltage.cloud/blog/lightning-infrastructure-providers/how-voltage-works/ |
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Reading resources about bitcoin is important to participate completely in the forum discussions, mostly centered on bitcoin. You need to read as much as any bitcoin related contents shared above and ask questions to easily learn and get quality answers from members. The forum have different boards allocated to the different factors associated with bitcoin. And you must learn gradually, focus on the board that interests you. Grow from reading different terms, new jargon and words that you don't understand. We are here to learn, teach and exchange knowledge, that means your contributions matters too. I found a good resource about bitcoin FAQ https://www.reddit.com/r/Bitcoin/comments/6jlop4/rbitcoin_faq_newcomers_please_read/ remember and stay clear from people who demand money from you and offer to mine bitcoin for you. Bitcoin mining is not for beginners and no app can mine bitcoin. Don't fall for this! A board is available for mining, if you have questions regarding how it works. |
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I wouldn't feel sorry for these vulnerable victims because they are also corrupt and they are enjoying it. If not an upright man that finds himself in such mess wouldn't dance to their tunes but will rather face the consequences of disagreeing with them. Or better still,when they are out to buy some stuffs,they will go report to the police.
Indeed, they forget to know that their suffering won't end by instigating suffer on someone else. You've made a great point by encouraging civil disobedience on the scam lords. But, we forget that these people are forced to suffer other people, and not everyone have the courage to exit. Consider the risk of traveling illegally to a different country. A move to the police or leave the house they hide in, can't come to mind. What happens to them if they get thrown out, who is going to accept them. So, their predators, use many con skills on them, torture, starve them, and risk their life in the eyes of the law. UN human rights provided good, but, rare to achieve solution to this, because these scam hubs can be sponsored by connected people. Thereby, knowing how to escape the law enforcement agencies. Moreover, these people are not citizens of the country, the both parties must end up in trouble. In many occasions these slaves are not forced to the house, greed also lands them into such a horrible condition. |
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I always thought of making this thread, not sure how useful it'll be for individual readers, but the resources and tools are great. The thread contains few explanation and links to articles or docs that fully describe how the tools work; debugging, constructing wallets, verifying ECDSA signature, etc. Below are some useful toolsBitauth IDE designs advanced scripts for bitcoin or any other cryptocurrency, in it are different features for line by line debugging used to visualize the status of the program execution. Templates are used to represent projects on Bitauth, which include a variable system for generating automatically, private keys, public keys and correct signature in locking and unlocking scripts. This writeup explains deeply about the project, its usage and other useful terms in bitcoin scripts. Bitcoin IDE Provides step by step ways or processes for learning, teaching and testing a bitcoin script. Its features include; Synthax highlighting, auto complete, translation to and from assembly, Stack visualizer and step by step debugger. The github repository for bitcoinIDE can be found here https://github.com/siminchen/bitcoinIDE Btc Deb contains different utilities or tools for debugging bitcoin scripts and building bitcoin compatible scripts. The tools can be compiled into javascript using https://emscripten.org/ every information about the BTC DEB is on the first link that begins this section you can further read here https://github.com/kallewoof/btcdeb/blob/master/doc/btcdeb.mdECDSA Generator This tool solves for generating keys, public and private and signs them using bitcoin curve secp256k1, its friendly user interface is easy to navigate. I tried generating keys myself and it played out to be fast and responsive. Below are some useful resources Bitcoin Script: A reading list written by Jason Dreyzehner the developer of the above Bitauth IDE tool, focuses primarily on bitcoin scripts, list of tools, links to different useful terms like P2SH required in building bitcoin scripts, bitcoin development language etc. It's a good read for anyone that needs supports building bitcoin scripts. Bitcoin Contracts Is an article powered by a script Bitcoin Contract Compiler that goes in details about the technical aspect and practical sample of how bitcoin contracts works. It's mainly encouraged to be used for learning purposes.
Online Bitcoin Simulator or Debugger A stack thread where most of the tools used in debugging and simulating bitcoin scripts were shared by individual developers and users. I got most of the tools shared in this thread on the same thread, I would have simply shared the thread link instead of arranging them this way, but most of the links to tools don't work anymore, so this thread consists of the ones I found useful and still working. You are welcome to contribute. Use Testnets to work on these tools, don't use your private keys to test on any of the tools. I feel like I've done something this morning. |
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One of the mistakes of Elon Musk on twitter is that he decided to pay creators, it's good to the creators, but wrong for viewers or readers. The creators on twitter provide low quality information to earn the X ad revenue. Twitter is flooded with spam tweets from influencers seeking quick money. I'd say many people left twitter when he sold the verification for $20, but that won't be compared to the number of people that left twitter the moment he started paying verified users depending on the number of accumulated impressions. He is doing good by promoting free speech on twitter, but a lot of changes on twitter, like uploading long videos on twitter, also read somewhere that people can download videos on twitter, and the need to login before reading tweets on web, etc. He is a billionaire, so he tries anything he feels possible, not minding how twitter operated before he purchased the platform. I've not heard about his intention to sell twitter, not yet. That would have been a major headline news on blogs.
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Such softwares used for tracing addresses only instigate stress on a victim that got scammed or lost their coin. A scam victim, who wants to track the address where he/she sent a transaction, needs to bring evidences; chats, photos and money to the agency that claim to trace blockchain transactions. Most victims end up losing more money added to the lost money. Its existence also gave birth to fraudulent agencies claiming to retrieve lost coins or tracking a scammer; with the slogan, a person that fell for scam can easily fall again. The results always appear differently based on the software used to track an address. If the software can't retrieve the lost coin, why depend on unrealistic results, in the name of tracing a person who may not be behind the crime or scam?
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Just going to make the comment that if you want to do anything 'real' with the data you really should download core and import the data into the DB yourself.
Weather deliberate or by accident if you're relying on somebody else's data for financial transactions you are just asking for trouble. Did Google want to censor something? Oops you got the wrong answer to your query.
Did some engineer at Google take a shortcut and copy a set of data to save time and forgot to bring in the real data? oops you've got problems.
Just picking on Google since it's who you are talking about but any place that you're relying on their data you are relying on them to be trustworthy. Might not even have to be the organization itself. Could just be a rogue engineer who's trying to scam something.
-Dave
This is correct, I've seen multiple complaints of missing data on the old dataset "bigquery-public-data.bitcoin_blockchain.blocks", a case like missing transaction output not correct or shown, but the new dataset `bigquery-public-data.crypto_bitcoin.transactions`seem to have all the blockchain data and updated every 10 minutes or so, not sure, most times people who complain for missing data didn't send out the right query. Google developers also provided a form https://issuetracker.google.com/issues/new?component=187149&template=0 where people who have missing results or any underlying difficulty can send their complaints in details and their dispute may get settled. I'm not trusting them, only that they're trying to solve a problem on their own end, also putting a bitcoin dataset on their bigquery is a good move, despite the certainty people or users will time to time face issues unlike those who download bitcoin core and query directly by themselves. I understand your points, things can get fishy, since it's managed by some developers, aside it, we have explorers to crosscheck our results if unsatisfied. |
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Carried out a search on some SQL programs that can query the blockchain, Saw Abe, but it required that I download bitcoin core, which wasn't what I needed. Knew of some RPC commands that people who run full nodes can use to retrieve data on the blockchain. So I checked out bigquery, read it on a PDF, a google product that has some bitcoin datasets, with two tables blocks and transaction, including interval structures stored in columns; TXin & txout of a transaction, stored in the inputs and outputs columns of the transactions respectively. It all looked complex to understand at first glance, but read further to discover that it's mainly to help analysis for various kinds of analytic problems, and not for exploring individual transactions. I queried for the transactions with zero fees, which I also read on the introductory aspect of the program, which explains that miners add their transactions to a block without paying fees. The query retrieved the number of transactions with zero fees SELECT
ROUND((input_value - output_value)/ size, 0) AS fees_per_byte,
COUNT(*) AS txn_cnt
FROM
`bigquery-public-data.crypto_bitcoin.transactions`
WHERE TRUE
AND block_timestamp >= '2023-08-24'
AND is_coinbase IS FALSE
GROUP BY 1 Did another test run on another query I found on the article written about the bitcoin dataset, the query is to retrieve balances on different addresses. WITH double_entry_book AS (
-- debits
SELECT
array_to_string(inputs.addresses, ",") as address
, inputs.type
, -inputs.value as value
FROM `bigquery-public-data.crypto_bitcoin.inputs` as inputs
UNION ALL
-- credits
SELECT
array_to_string(outputs.addresses, ",") as address
, outputs.type
, outputs.value as value
FROM `bigquery-public-data.crypto_bitcoin.outputs` as outputs
)
SELECT
address
, type
, sum(value) as balance
FROM double_entry_book
GROUP BY 1,2
ORDER BY balance DESC
LIMIT 1000 This retrieves different addresses with the amount of bitcoin contained in them, but the numbers didn't look realistic at first, like this 5502219754649, then I copied one address: bc1qjasf9z3h7w3jspkhtgatgpyvvzgpa2wwd2lr0eh5tx44reyn2k7sfc27a4 searched on blockchain explorer and found that the digits doesn't have a decimal point that separates the number, though correct. It looked this way on block explorer 55022.19754649 Tried out different queries, which I may not post because I didn't understand the results, didn't stop loading or too long to share. The bitcoin dataset is 'bigquery-public-data.crypto_bitcoin' other cryptocurrency datasets also exists too, you can read this threadGoogle is still building the model at the moment I notice some limitations, you can also use Legacy or Google SQL to execute query on bigquery. |
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Thin clients run on a server and its performance depends completely on a network connection. With ports for different peripherals like SD Cards to enhance performance and it works with Raspberry Pi. Full nodes on desktop oriented systems also requires round the clock network connection to run effectively. Thin client being server oriented reduces load on the system, which saves power. And it's less cost effective to set up a full node with thin client. I've seen some advantages of using thin clients and disadvantages like server failure. Yet I've not seen much usage of such devices to run a full node or contents about it, does it pose plenty vulnerabilities? found just one thread on reddit that talks about running full node on a thin client device. What possible issues could arise with using such devices to run a full node? I'd want to try it myself. |
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I also haven't heard this term before. But i did quick search and found out term "for profit attack" was mentioned on first edition of Mastering Bitcoin. Specifically it's located at chapter 8, page 217. The massive increase of total hashing power has arguably made bitcoin impervious to attacks by a single miner. There is no possible way for a solo miner to control even 1% of the total mining power. However, the centralization of control caused by mining pools has introduced the risk of for-profit attack by a mining pool operator. The pool operator in a managed pool controls the construction of candidate blocks and also controls which transactions are included. This gives the pool operator the power to exclude transactions or introduce double-spend transactions. If such abuse of power is done in a limited and subtle way, a pool operator could conceivably profit from a consensus attack without being noticed
Since Bitcoin consensus doesn't force miner to include all or certain transaction, there's nothing Bitcoin community could do aside from asking miner switch to pool which doesn't perform such attack. Yeah, I've read through this, but didn't know how to share a clickable link that'll lead to the exact place where I saw the term, however, regarding the double spending, a mining pool (not saying their operators are into such practice) control about 28-31% of the total mining hashrate according to mempool stats, and I just figured that it doesn't really have to be 51% of the hashrate to perform a double spend, that 30% can also execute such an attack. Hence, if that's possible I think I'm clear about the double spending capability of for-profit attack. As you can see the term wasn't explained in details, that's why I asked here to know more about it, the techniques and what can be done about it. Your answer is good, moving people away from a suspected mining pool controlled by tricky operators can help reduce such threat by diminishing the hashrate of the pool, yet it's written that if it's been done carefully they'll go unnoticed. So, I'm wondering if no method exist that can bench or stop for-profit attackers even though a mining pool does that secretly. Or its centralized nature keeps the for-profit attack operators immune from sanction or restriction? |
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I know it's common amongst some mining pool operators, which is centralized and they can decide what transaction gets to the block and some other sort of manipulations. But, I can't in details understand how this attack works, for or against the consensus rules. How can they take advantage of the consensus rules or how vulnerable is the consensus to such attack? is there any technique or means whereby the bitcoin community tries to stop such attack, lastly can they perform double spending too?
I'm new to this term, pls help. Cheers!
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