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do i need to download and create a new wallet with a new address and send my coins to it before the fork?
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i created a multisig wallet and now i want to create a watch only version of the wallet. When creating the watch only wallet should i select:
standard wallet multisignature wallet
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So gmail is centralized so doesn't that mean google can get into your gmail account if they want to?
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Just wondering what most people here use for their email in relation to everything cryptocurrency, an encrypted open source email like ProtonMail or gmail?
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0.00040000 satoshis X 2500 = 1. Or 1 bitcoin. So I am guessing this is what the the DEVS decided for a fair and start price and amount for a BITG masternode, what u guys think? Current price around 0.00053333 satoshis
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I mean like once you've generated or used your private key online, the wallet is now a hot wallet right? You've exposed your private key. With electrum you can generate and use your private key to send/sign transactions all offline. So you never expose your key, your wallet is a cold wallet. Myetherwallet can also do this. So i just want to know if POS coins can do this too?
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So your saying its absolutely impossible for someone to create a cryptocurrency where the total supply of coins are locked into some sort of smart contract or something where only a certain amount are made available and only a certain amount allowed for purchase per person per month or something. Impossible? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) So we just go on for ever creating shit coin after shit coin or even the "best coin ever" and doesnt matter because it still ends up being useless because the majority of the supply is held in a the hands of a few people. Same as the FIAT world. 99% of wealth in the hands of the 1% Forget scalability, trx per sec, real world use, privacy and all that talk.... its getting old What about FAIR COIN DISTRIBUTION?? It must be able to be done? Why dont DEV'S think about a better way to distribute coins? Then the markets wouldn't end up in a mess.
So for example they always say there's just no fair way to distribute coins/tokens because there's always whales that want to get in on the project early and so they buy up a shit load of coins/tokens at the issue price which is really cheap, then the whales end up controlling the market, because they are the only ones who can dump a shit tone of coins and watch the price drop.
Cannot a solution to this problem be:
BUY LIMIT to how many coins/tokens can be purchased by an individual.
example: max purchase 10,000 SKY per person per MONTH.
Possible or impossible?
There is no "FAIR" way to do an ICO as the founders can simply buy shitload of coins with their own BTC and then sell the coins and keep the BTC it's that simple. And that my friend has happened with pretty much every ICO since the FIRST ICO ever which was Mastercoin aka OMNI where the founder bought most of the coins himself because he "believed in the project" and then sold a nice chunk at x20 profit.
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Why dont DEV'S think about a better way to distribute coins? Then the markets wouldn't end up in a mess.
So for example they always say there's just no fair way to distribute coins/tokens because there's always whales that want to get in on the project early and so they buy up a shit load of coins/tokens at the issue price which is really cheap, then the whales end up controlling the market, because they are the only ones who can dump a shit tone of coins and watch the price drop.
Cannot a solution to this problem be:
BUY LIMIT to how many coins/tokens can be purchased by an individual.
example: max purchase 10,000 SKY per person per MONTH.
Possible or impossible?
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Is there a light client wallet for BITG that can be used? The bitcoingreen-qt is already at 235GB.
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When you sell BTC or ETH on an exchange (such as coinbase, kraken, bitstamp, bittrex etc) for USD does the USD get credited to your account on the exchange or credited back to your bank account?
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I chose "I ALREADY HAVE A SEED" then "PLEASE ENTER YOUR SEED PHRASE TO RESTORE YOUR WALLET" then i guess the 12 words. So its not electrum giving me my seed, i am trying to guess the correct string of words until they fit and the seed is valid and can open the wallet. No the wallets were never funded and not active on the blockchain, but obviously they could be if someone creates the same seed i guess
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yea ok so i understand the numbers are big. Im just curious about this, because i was able to unlock 6 wallets in just an hour of mucking around with random words in electrum. Of course all were unfunded with 0 balance, but I decided to post about it here because I wanted to understand more because it seemed ridiculous that i could do that. Thx mocacinno for the very detailed reply;-)
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So I think there are about 300,000 bitcoin addresses containing at least 10 bitcoin, meaning we have a 300,000 chance in 1,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976. of winning the bitcoin lottery ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Anyway all jokes aside, Im not entirely sure I can realistically see bitcoin being used as "the" worldwide currency when its security is somewhat flawed. i know things will progress but until then, hmmmm just thinking
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I was just guessing random words from the electrum wallet, on the 12th word i was just cycling through the "k" words, but accidently just put in the single letter k instead of a complete k word and it opened, balance 0. Your also right about those words honor, poor, quietly, take and ink are not in the electrum wordlist. Maybe the wordlist has been updated? Im using electrum-3.1.3.
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Just mucking around with stuff and want to know why does this 12 word seed work with the last word being not a word and only a single letter. Lets see who can get the correct letter first to open the wallet and see if there are 100 bitcoins inside;-)
honor ketchup wall cake dismiss poor quietly coin take luxury ink ....... (12th one a single letter not a word)
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ok thx looked it up here https://bitcointalk.org/index.php?topic=24268.0 So that; 2^160 is 1,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976. Different private keys. Ok so do we now conclude that basically its easy as shit to guess a 12 word seed but near impossible to guess a 12 word seed that has been in use with a balance? Correct or not? And in the "possible" future somewhat easier if there are 15 or so billion addresses in use with a blance...
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ok so are you saying that there are so many possible combinations, lets say 100 trillion, would'nt that mean its pretty easy to guess one?
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How many possible private keys can electrum generate? How many possible combinations are there? There are 7.6 billion people on earth, lets assume everybody had a couple of wallets. Can electrum generate over 15 billion different keys?
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