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2261  Bitcoin / Hardware wallets / Re: Best Place To Store Your Seed? on: September 30, 2020, 04:24:59 AM
When creating backups of your seed, you should follow the "3, 2, 1"
You should have at least 3 copies of your deed
You should have your seed stored in at least 2 mediums of storage
You should store your seed in at least 1 off-site location (such as a safety deposit box)
2262  Other / Meta / Re: Application to be a Merit source for Bangladesh Thread on: September 30, 2020, 03:57:17 AM
Quote from: PN7
2 - Many of those who you cited seem to make fairly good posts, but they all seem to have fairly low amounts of merit. This could be an indication that some of the local threads that are not large enough for detected subs are lacking source merit.
Yeah true. We have very few people who shares merit in our local, the reason is they don't have smerit to share. Foe example, I have zero smerit at the moment.
Having sufficient source merit in local communities should be important. Without sufficient source merit, members will not rank up, which may lead people to not being as engaged, and not as active in their bitcointalk communities.

It is not a big deal if some people receivea litlle bit of merit they should not receive, but it is a problem if people are not receiving merit they deserve. If people receive merit errouniously, others will see their poor quality posts and will still be subject to bans if they violate the rules, but OTOH, if someone does not receive merit, they may become frustrated about not ranking up and not be as active as they may otherwise be.
2263  Other / Politics & Society / Re: Presidential debates on: September 30, 2020, 03:42:41 AM

Trump cant win me offer. cause it is pretty obivous he is willing to kill off people to make money.

This is false. The coronavirus is something that cannot be stopped. No matter what happens, people will get the virus and no matter what, it will still spread. This is regardless of whatever lockdowns are put into place. Broad economic shutdowns are a novel concept way of handling coronaviruses, that can be traced back to China.

It is unfortunate that Wallace did not bring this up, however Biden and Obama did a very bad job at handling H1N1 in 2009. If H1N1 was as deadly as the Wuhan coronavirus is, millions of Americans would have died, hospitals would have been overrun, and it would have been an overall disaster. Biden was lucky it was not much more deadly than the flu, and tens of millions of Americans were infected.
2264  Other / Politics & Society / Re: [BET] Trump or not Trump 2020, eddie13 vs suchmoon on: September 30, 2020, 03:36:51 AM
This is false. If Trump wins, investments in your 401k are likely to continue to increase, as will your wages, and standard of living. If Biden wins, the economy will go to the shitter, real wages will decline, as will investments in your 401k. If you have children, their livelihoods over their lifetimes will decline.

If Trump wins, you will profit, and if Biden wins, you will lose a lot of money, and freedoms.
Is there any statistical data or projection to back up these claims? Do you a URL?

How and why does Biden winning mean the economy will go downhill and wages will decline or the livelihood of children will decline over their lifetime?

How and why does Biden winning mean US citizens lose money and freedoms?

Look at the implied volatility on Put options (which are profitable if prices declines) on the S&P 500, and other major indecies after the election. Implied volatility goes way up for Put options contracts that expire after the election ends.

Bernie Sanders said Biden will be the most progressive Presidenct since FDR. However FDR depressed the economy in the 1930's:
<>
By 1936 the top U.S. personal income-tax rate had been raised to 79%, with a 70% maximum estate tax. The top federal corporate tax rate, however, was only 15%. In response, wealthy Americans accumulated profits inside corporations that owned their residences and other assets
<>
Suddenly, at Roosevelt’s urging, Congress tore up all this careful and legal tax-avoidance planning with the Revenue Act of 1937. Corporate money was subject to immediate distribution and taxed at high individual rates. In effect, these were accumulated-wealth taxes, imposed at precisely the wrong time.
<>
The economic pain was swift and severe. The Dow Jones Industrial Average crashed to 114 on Nov. 24, 1937, from 190 on Aug. 14, a 40% decline. Gross domestic product fell by more than 5% between 1937 and 1938. Unemployment, roughly 12% in May 1937, climbed to 20.7% in April 1939. Industrial production tumbled 33% from the spring of 1937 to May 1938 and didn’t return to its 1937 peak until late 1939.

Economic pain today means less economic opportunities for our Children tomorrow. Also, Trump is arguing that school choice is a civil right, while Biden has said he department of education will be pro-teacher's union (not pro-student). This means, teachers will not be held accountable for their performance, and students will not be able to go to Charter schools when their public schools are failing, unless their parents have a lot of resources.
2265  Other / Politics & Society / Re: Presidential debates on: September 30, 2020, 03:25:19 AM
Overall I would say that Chris Wallace did a bad job at moderating. This is surprising considering that IMO he was the best moderator in the last set of debates in 2016. Wallace really lost control of the conversation multiple times throughout the debate.

Wallace asked for Trump to denounce White Supremists, however he was unable to name a specific group he wanted Trump to denounce, and he did not ask Biden to do the same thing for BLM nor ANIFTA, and the left leaning groups are responsible for 99%+ of the violence and rioting. Trump did not specifically denounce White Suprremists, but he did ask for a specific name to condem, which he received no response.

Trump should not have interrupted Biden as much. I believe Biden would have embarrised himself more, and would have shown his declining mental abilities if not for Trump's interruptions. There were other times in which Trump should have interrupted when he didn't such as about the often repeated lie that Trump said White Suppremists were "very fine people" in Charlottsville.

Biden's non-answer on court-packing basically means he is for court-packing. If he comes out as being against court-packing, it shuts down any concerns about the SC being packed, while if he says he is pro-packing, this becomes a major headline (it is very unpopular). Biden's explanation is that he wont answer the question because it would distract from the SC conversation, and being pro-packing is the only position that would distract from the conversation.
2266  Other / Politics & Society / Re: [BET] Trump or not Trump 2020, eddie13 vs suchmoon on: September 28, 2020, 12:29:02 AM
~

~

Watching the defensive talking points evolve over the next few days will be almost as fascinating as the report itself. I'm sure we'll find out that it's not true, and quite normal if true, and it's Hillary's fault.
I don't think there is anyone on the forum being paid to post Republican talking points. The same cannot be said for Democratic talking points.

I am curious as to how long the New York Time had this information. Did they sit on it for nearly the entire year since Trump's 2018 returns were due? If so, will the NYT be prosecuted the same way the enquirer was prosecuted for sitting on negative information about Trump for political purposes?
2267  Other / Politics & Society / Re: [BET] Trump or not Trump 2020, eddie13 vs suchmoon on: September 27, 2020, 11:51:31 PM
NYTimes got their eyes on a shitload of Trumps tax returns over past 20 years.

It looks like the Chinese government was able to obtain Trump's returns and gave them to the NYTimes. The NYTimes claimed whoever gave them Trump's returns had "legal access" to them, however whoever gave the NYTimes Trump's alleged returns did not have the ability to legally access the returns in order to disclose them to a 3rd party, which casts doubt on their claim.
2268  Other / Politics & Society / Re: US Presidential Election: Trump Will Not Commit to Peaceful Transfer of Power on: September 27, 2020, 11:20:21 PM
Crypto is still the solution. A unique series of large numbers HD from a primary key can all spell a YES vote, and another series can spell a NO vote. But looking at them on a piece of paper, a schemer cannot tell which is which.

Perfect security is easily possible.
If you know that many people in neighbored "x" are registered republicans, a democratic operative could go to that neighborhood to help them get to a point before they actually cast a vote, and tell them they have cast their vote, leading them to believe they have voted when in fact they have not.

I don't believe democratic operatives actually open mailed ballots they intend on throwing away, they just compare party registration to where the ballots are coming from, and act accordingly. An opened mail-in ballot is useless once it has been opened because once it is opened, it is obvious it was tampered with.
2269  Bitcoin / Development & Technical Discussion / Re: Brainstorming: On chain decentralized exchange possible on Bitcoin Blockchain? on: September 27, 2020, 11:13:50 PM
.
There is a lot you can do with Etherium, but the problem is that it is all on chain, which is really not scalable. Think of all the times bitcoin fees have spiked, and multiple that times 100 (or more) because of all the different types of things that can cause ETH fees to spike.

does not make sense to have an order book on a blockchain
former is inconstant, latter immutable
does not make sense to have an order book on a blockchain
former is inconstant, latter immutable

the order-book itself is not stored on the blockchain, there is no reason for that. it can be anywhere because there is no reason for it to even be stored. the contract or the script which is the executed order or the trade is stored on the blockchain.
good but then the exchange isn't decentralised
It is not realistic to keep every bid/ask on the blockchain. That is too many transactions, and waiting 10 minutes (on average) to submit a bid or an ask is not going to attract any users. I don't think any of the existing DEXs keep their orderbook on the blockchain, they only use the blockchain for settlement.
2270  Economy / Reputation / Re: [FUN] Is DdmrDdmr even human? on: September 27, 2020, 10:46:29 PM
That reminds me: I had a working python script for posting on the forum, but it stopped working 3 years ago and I never got a replacement. I could do fun things with automated posting.
You can use splinter (a python package) to post via automation. See lines 53-58 of my automod bot for how to login via automation. Logging in requires you to fill text boxes with text (your username and password), which is what you do when you post. You can find the documentation for filling text in a text box in your browser.

A drawback of using splinter is it doesn't have a good way of knowing if a page has finished loading. If you are running into issues with pages not loading quickly enough, you can use time.sleep(x) with x being the number of seconds you estimate will be sufficient for pages to load, or you can use the requests package. Requests is a little more tricky to use with sites requiring authentication.
2271  Other / Politics & Society / Re: Donald Chump: a Dimwit Man-Child made President on: September 27, 2020, 10:18:53 PM
Trump loves the United States, so he will naturally take actions that benefit the United States, including trying to get a safe vaccine approved as quickly as possible while maintaining safety. Every day that goes by without a safe vaccine, is one more day that millions of Americans are harmed due to lack of job opportunities, and excessive stress, and millions of American children are harmed because of lack of education (zoom learning is basically worthless), and lack of ability to socialize in school.

If a vaccine is available before election day, there is an argument that vaccines should be available at polling stations.
2272  Other / Politics & Society / Re: US Presidential Election: Trump Will Not Commit to Peaceful Transfer of Power on: September 27, 2020, 10:11:40 PM
We're not going to know who the winner is on election day if the polls continue to tighten up so litigation is what's going to end up happening. Also, let's not act like in 2016 it wasn't liberals sending death threats to state electors to force them to be faithless and pledge their vote for Clinton when she lost.
The advent of BLM's influence, and their ability to produce propaganda and fear has rendered polls less useful. Nearly 2/3 of Americans are afraid to share their political views. I would say the polls will likely not reflect the electorate, nor the outcome of the election.



Even mail in ballots could be cryptographically secured and attributable to individual voters using a blockchain, thus creating a system where this type of abuse was not possible.
The issue is not as much that one person is voting multiple times, the issue with mail-in voting is that political activists and operatives will put undue pressure on voters to vote a certain way, and that operatives can identify voters likely to vote a certain way, collect those votes and "lose" those votes.

2273  Bitcoin / Development & Technical Discussion / Re: Bitcoin 51% Attack - Protocol solutions? on: September 25, 2020, 05:20:56 AM

a ½ day fully confirmed 100% guaranteed transaction is fast compared to banks.

*Note , I had a friend deposit a $70000 check and it took the bank almost 2 weeks , before they credited the entire amount. *
So ½ day would have been super fast compared to that.
 Smiley

Depositing a check from a friend does not make up many financial transactions. When you are dealing with a friend, there is a level of trust involved, hence the description "friend"

Most consumer financial transactions are in person that take a matter of minutes to complete.


You also ignored my comment about LN closing transactions needing to be confirmed earlier.
2274  Other / Politics & Society / Re: [BET] Trump or not Trump 2020, eddie13 vs suchmoon on: September 25, 2020, 05:13:19 AM
For clarity, I was referring to the total sum of your financial situation, not just this bet.

I am not aware of any reasonable argument suggesting that anyone would be better off financially under a Biden Presidency verses Trump winning reelection, nor am I aware that anyone will lose "only" ~$1000 under a Biden presidency. This assumes you are not a member of the Biden family or are otherwise politically connected, in which case, you would stand to make millions.
2275  Bitcoin / Development & Technical Discussion / Re: Multisig with a twist on: September 25, 2020, 05:03:49 AM
Very interesting proposal, but a bit dangerous as well. If private key holder A refuses to sign...
Isn't that the whole point, though? If A is going to be the master* key, then if A refuses to sign there is nothing B or C can do about it.

Such a set up could be used for example with a business's funds so the manager/boss can, with the help of a single employee, release funds to that employee for some specific task or outgoing, but the employees can't conspire and spend money without the boss's oversight. It is essentially the same as setting up an x-of-y multisig, where the boss holds x-1 keys and the employees collectively hold x-1 keys.

*Probably best to find some other term rather than master key for this, to avoid confusion with master private/public keys. Perhaps mandatory key? Or owner key?

After reading your reply, i think 3-of-4 could be alternative of what OP looking for where a person have access to 2 private key A and B
This would increase the cost of spending any coin in the multi-sig address. You need to pay for block space for each signature that signs a transaction.

The above is especially true if there are many "employees" as the "boss"/"master" key will need to make up 1/2 of the "m" number of keys. If there are 7 employees, the boss would need to sign from 8 keys, and pay for block space for 8 signatures. This will also limit the number of "employee" keys.

Snip
It seems to me that in that case all this can be achieved without a multisig setup as well.

If I am your boss and I can decide that you shouldn't be paid or use company funds, I shouldn't have to rely on party C to decide whether or not the funds to you should be released either. Ultimately, party A makes the final decision, why complicate it.
A common setup might be that an employee requests to process a transaction and the boss 'signs off' on the transaction. If later down the line, the transaction turns out to be something that should not have happened, the employee can be held accountable, and multiple low level employees can not spend money without permission from their boss.
2276  Bitcoin / Development & Technical Discussion / Re: Bitcoin 51% Attack - Protocol solutions? on: September 25, 2020, 04:53:30 AM
Unfortunately, there is not anything that can be done on a technical level to prevent an entity with sufficient mining resources from executing a 51% attack.
Not quite true. It has been discussed lately and an ultimate solution has been proposed: put a cap on the depth of chain-reorg attempts.
This will not prevent a 51% attack. Someone with >50% of the network hashrate can successfully execute a reorg of a handful of blocks reliably.


What a rolling checkpoint does is prevent the damage from a 51% attack.
It does not prevent any reorgs before it.

As long as users wait until the rolling checkpoint passes,
then they can be 100% certain , no doublespending will occur.
As even someone with 100% of the hashrate would be unable to do it.

For small purchases of less than $500, most people would just trust whichever algorithm required blocks for confirmation,
but purchase over $2000,  you wait ½ a day for the rolling checkpoint to be certain.

Double spending is not the only risk from a 51% attack. A 51% attack can also blacklist addresses/outputs from being spent, cause other miners from being able to mine all the blocks their hashrate would project them to mine, and create other arbitrary rules for transactions to get confirmed.

A 1/2 waiting time is also not reasonable. Most financial transactions are instant, or take a matter of seconds, minutes, or a single hour for complex transactions. On top of this, it would accelerate the timeframe LN closing transactions need to be confirmed by to avoid possible loss of coin.

2277  Other / Politics & Society / Re: US Presidential Election: Trump Will Not Commit to Peaceful Transfer of Power on: September 25, 2020, 04:45:07 AM
This is an example of Trump not being articulate. Trump was reserving the right to pursue all available legal actions to ensure that voters are not disenfranchised from Democratic voter fraud.

I would also refer you to Hilary Clinton's statement to Biden advising him to not concede "under any circumstances".
2278  Other / Politics & Society / Re: [BET] Trump or not Trump 2020, eddie13 vs suchmoon on: September 25, 2020, 04:41:16 AM
So we can say, suchmoon will be the first to be wronged if Trump win  !!!?  🤔

It's a bet. I lose money if Trump wins.

This is false. If Trump wins, investments in your 401k are likely to continue to increase, as will your wages, and standard of living. If Biden wins, the economy will go to the shitter, real wages will decline, as will investments in your 401k. If you have children, their livelihoods over their lifetimes will decline.

If Trump wins, you will profit, and if Biden wins, you will lose a lot of money, and freedoms.
2279  Other / Politics & Society / Re: CDC has lost it as it says corona doesn’t spread through air. on: September 23, 2020, 05:08:59 AM
The airbourne spread that was published in error by the CDC was referring to someone infected breathing or coughing in a room, the infected person leaving the room, someone else going into said room in the spot the infected person was standing and catching the virus.

My understanding is in order to catch the virus, you will need to be near someone who is infected for an extended period of time (~15 mins).
2280  Other / Politics & Society / Re: Donald Chump: a Dimwit Man-Child made President on: September 23, 2020, 05:03:59 AM
I would like to point out that if Trump and the Republicans aren't smart enough to use the same kinds of tools that the Democrats use - fight fire with fire - maybe Trump isn't really smart enough to handle the Presidency. And I am not saying that Dem corruption should win. I am just saying "if."
During the May/June riots, some people were calling the prospect of Democrats doing this as being similar to using tanks against their own people.



Talking about 'suspicious accounts' for a second, I highly doubt that people are going to come here to try to influence the election in some way. Not sure if that's what's being spoken about here, but we're like a niche of a niche of a niche in terms of the amount of members here are going to vote and actually care about the election. Plus ya know, you'd have to be in the US.


Every vote counts, and every impression on voters count. I don't know if you read the comments section of WSJ online articles, but there is a "Kevin Smith" who posts thousands of posts over time, almost all as replies to the most 'upvoted' (aka top, and most read) comments, maximizing the number of views his posts gets. This "Kevin Smith" (I am nearly certain this is a fake name) is feverishly anti-Trump, and would be surprised if he is not getting paid one way or another to post.

If an operative can pass themselves off as a person of casual interest, the impact of their posts can be higher for a voter. This is something i am seeing here.
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