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2361  Bitcoin / Project Development / Re: Are dices for generating seed words fair? on: October 20, 2023, 08:52:02 AM
It makes me think: What would a device with a spring to launch the coin do? It would almost certainly eliminate all bias in coin tosses - provided it is engineered properly - and it could even be made into a wearable on your hand that you can use to emulate a traditional coin toss.
My gut feeling tells me this spring would create the same result every time, because the initial conditions are the same. Unless the spring tension varies, in that case the spring tension becomes your random and you need to make sure there's no bias in it. Or the way you load the coin into the machine.
Just for fun: here's a Machine Flips a Coin 10,000 Times.
2362  Bitcoin / Bitcoin Technical Support / Re: Why didn't satoshi implement reward system for bitcoin node runners? on: October 20, 2023, 07:32:37 AM
I think you misunderstood what i said. By considering IP range/block, that would force attacker to have diverse collection of IP address which make the attack more costly. So the software wouldn't connect to multiple IP in close range (e.g. 10.10.2.2 and 10.10.253.253).
That would mean only one customer per ISP can get paid to run a node. One way or another, this is a terrible "solution" for something that isn't even a problem.
2363  Bitcoin / Bitcoin Technical Support / Re: Why didn't satoshi implement reward system for bitcoin node runners? on: October 19, 2023, 09:05:48 AM
Cost to run a Bitcoin full node is small and you don't need to have ASICs like Bitcoin miners to create hash rate and mine blocks or confirm transactions. Miners do the hardest task and they need to have powerful computational power to solve puzzles for finding new blocks, confirming transactions in mempools.
I'd say it's the other way around: the hash rate is high because miners earn money. If nodes would earn money, running a node would be futile, you'd need to run thousands of nodes to earn money, and we'd say nodes are expensive to run.

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If a network is attacked, it is because of network low hash rate that makes it more vulnerable to 51% attack. If 51% attack happens, Bitcoin full nodes can not save the network or you.
Without attacks and competition, one computer could run the entire Bitcoin network at difficulty 1.
2364  Bitcoin / Development & Technical Discussion / Experience with Bitcoin RPC Proxy on: October 19, 2023, 08:55:35 AM
Someone asked me to look into github.com/Kixunil/btc-rpc-proxy, but I'm in over my head:
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"I need to know how to send different different users to different wallets and how to forbid this users to payout in case they are getting hacked. All payouts are done locally by a script I wrote myself."

Does anyone here have experience with btc-rpc-proxy?
2365  Bitcoin / Bitcoin Technical Support / Re: Upgraded to 25.0 on: October 19, 2023, 08:00:29 AM
I've had 10 connections for as long as I can remember, so I guess it's normal Smiley
2366  Other / Beginners & Help / Re: A Complete Guide for Cryptocurrency Newbies "The Best Way Of DCA" on: October 18, 2023, 04:35:04 PM

I added this image for more convenience to understand how it actually affects your investment at the end of the day. Like in this picture which is the best way of investment Lump-Sum or DCA.
You're speculating, and missing the most important thing:
DCA can increase the number of shares purchased when the market is declining and can lead to fewer shares purchased if the share price is rising.
You would have been better off buying lump sum in week 4, 5, 6, 7 or 8. In a way, DCA is trying to time the market, assuming it's going to drop. If that's what you believe, just wait. Some people are still waiting to buy Bitcoin at $200.
2367  Bitcoin / Hardware wallets / Re: Ledger's laying off employees. Thoughts? on: October 18, 2023, 04:03:10 PM
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0
Ledger Nanos have never been hacked
since they were launched
So they're finally honest about leaking all seed phrases to the internet :O
2368  Other / Beginners & Help / Re: Help this time with a personal situation on: October 18, 2023, 03:50:03 PM
so the minimum wage is around ~$10 and the average is lower than $20.
Hence my question: if someone in Cuba were to earn $20 in Bitcoin, does that mean it gives him more purchasing power than his salary? Or does that add another level of getting screwed somehow?
2369  Bitcoin / Bitcoin Wallet for Android / Re: Is android laptop device good for installations? on: October 18, 2023, 03:35:42 PM
Guys.... OP is on my ignore list, and he's banned. He created 71 topics so far, and it's obvious he only creates them for the sake of creating them. There's no point in replying.
2370  Bitcoin / Hardware wallets / Re: Ledger's laying off employees. Thoughts? on: October 18, 2023, 12:05:14 PM
The problem many people run in to is recurring payments and subscriptions just being taken from their bank accounts without them thinking about them. Steaming services, music services, gym memberships, food delivery services, Amazon Prime, phone contracts, internet contracts, the list is endless. You even hear stories of people paying for insurance contracts for vehicles they no longer own and other such nonsense. If people had to actually open their bitcoin wallet and manually sign these transactions every month, you can guarantee that they would all have far fewer users as well as putting an end to endlessly billing inactive users.
Without automated payments, many people will forget to pay, and find out they don't have car insurance when they need it.

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Isn't it interesting that Ledger Recover can only be paid for using automatic fiat methods and not with bitcoin? Tongue
Touché!
2371  Other / Beginners & Help / Re: Help this time with a personal situation on: October 18, 2023, 12:00:08 PM
I also looked up information about salaries in Cuba, and to be honest, I was very surprised that in Cuba, those who work in IT companies have high salaries. But even those who work for large companies have earnings that do not exceed one hundred dollars. Indeed, Cuba is a place outside the earth's planet. OP, I can only sympathize.
According to Google, Cuba's GDP per capita is $9500 (in 2020). That's more than Mexico, and 4 times more than India. But Worldometers.info shows N/A, so I believe the exchange rate can be a tricky thing in this case. If there's no free exchange of currency, you can't compare it in dollars.
2372  Bitcoin / Hardware wallets / Re: Ledger's laying off employees. Thoughts? on: October 18, 2023, 11:28:27 AM
The good news is, there are some amazing Bitcoin hardware wallets that are actually FREE and open source.  SeedSigner and Krux, for example.  Granted, you have to buy the hardware, but the hardware is off the shelf stuff which isn't crypto related, so you won't end up on a leaked address list (Eff you, Ledger!).
I've seen them, but never tried. If I have to go DYI, I can just as well sign offline. Most people want something convenient.

We really do live in the worst timeline.
~
You'll own nothing and be happy.
The timeline has many good things, but somehow corporate interests dictate almost everything nowadays. Isn't that one of the major flaws in capitalism: money gets more and more concentrated, until there's nothing left for most people and a few own everything?
2373  Bitcoin / Bitcoin Technical Support / Re: Have one in full or just part? on: October 18, 2023, 08:11:39 AM
But, I asked out of curiosity
Out of curiosity a lot is possible Tongue You can install a Linux shell on your phone, and start from there. Compile it from source.
I wouldn't use a very old phone, you're going to need enough RAM. I'd say give it a few years, storage capacity increases faster than the blockchain size.
2374  Economy / Reputation / Re: AI Spam Report Reference Thread on: October 18, 2023, 07:48:40 AM
How about Copper Member Newbie jiso? His posts look like generic AI spam, but I can't really prove it.
2375  Bitcoin / Hardware wallets / Re: Ledger's laying off employees. Thoughts? on: October 18, 2023, 07:03:52 AM
Excuse me - why the hell do you need to buy a subscription for a $30,000 car, that is most likely already being paid for in installments with its own contract?
Because if you don't, you don't get to use all its features.
Don't forget the "extra power if you pay $60 or $90 per month" and "extra range if you pay extra" (I can't find back the link) features Cheesy

I swear to god I hope people see through this chicanery and vote against it with their dollars, because that's the only way greedy corporations will get the message
People said the same thing when Microsoft started selling software subscriptions, now they're all using it. I think it started with anti-virus-subscriptions, then got worse. Streaming services got people used to paying instead of owning movies too. We're moving more and more towards a future without ownership and monthly payments for everything you use. That's not something I like. We now have (electric) bicycles and mopeds, paid by the minute. Car sharing paid by the hour. I live in a cycling country, and more and more people rent one. It's a strongly growing industry at the moment.
How did we get here from wallets? Basically, we went from very cheap "paper wallets" in any possible form to very convenient "hardware wallets" to skip the trouble of manual offline signing, to a monthly subscription model. That reminds me of stock brokers, where you pay them an annual fee to keep your funds. I do indeed hope people vote with their wallet!
2376  Other / Beginners & Help / Re: Help this time with a personal situation on: October 18, 2023, 06:33:48 AM
I want to clarify something in this forum, because I see that it is something very serious, I am realizing that 90% of the world population is unaware of the reality of Cuba, the government shows exchange rates that are not real, those numbers are only possible. For the foreigner or tourist who is visiting and can buy things in Cuban pesos, in reality for us each USD costs us 250 pesos, therefore do the respective calculations, NOTHING or NO information that the government shows to the world is REAL, just show something beautiful, a mirage, we Cubans live in a parallel universe
If that's the case, why do you calculate the price of eggs in dollars, and not in pesos? It can't be that a box of eggs costs two thirds of your monthly salary. If that's the case, you'd have starved to death by now. So I'm curious: how many Cuban pesos do you spend on your groceries each month?

Well, it is not fun, I visited Cuba several years ago and I know that it is true. The fact that there are few chickens in the island, importations are restricted, and the Government give a few to each citizen every month make remaining eggs surprisingly expensive and only affordable for tourists.
I've never been there, but I've read about it a few times. It sucks for the people Sad
If eggs would be that expensive, I'd eat something else. I still don't get it though: hatching chickens is no rocket science. If someone has a a few hens and a rooster, they'll basically multiply themselves and eat whatever they can find.

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This is also true: there are extremely different exchange rates for Cuban pesos (for citizens) and USD pegged pesos (for foreigners); 1 to 250 is not what I saw when I was there, but in the last years thing may have worsen to that extent.
So, if a Cuban citizen were to earn 1 mBTC (worth $28.73 at the moment), would he be able to use that money? How many pesos would he get for that? If exchange rates are that twisted, what's the point of converting? Do you need dollars for daily expenses? I don't get it: if trading and imports are expensive, can't the (tropical) country focus on producing for it's own needs? It looks like a beautiful place, and it's such a waste to see it in poverty.

For reference: if I sell 1 mBTC, I'll get €26.10 (after transaction fees). That's enough to buy 88 eggs in a supermarket. And eggs already got a lot more expensive lately, because of inflation and regulation that improves living conditions for chickens.
2377  Bitcoin / Bitcoin Technical Support / Re: Have one in full or just part? on: October 17, 2023, 03:01:40 PM
Speaking of mobile versions, is there the possibility of setting up a Bitcoin node on a mobile device (Android/iOS)?
There's even one in the Play Store, but reviews aren't promising.

I don't really see the point of doing this. It's much better to connect a mobile wallet to your own node. Or even it's default node. I wouldn't want 550 GB on my mobile, even if it has enough storage, bandwidth and processing power.
2378  Bitcoin / Hardware wallets / Re: Ledger's laying off employees. Thoughts? on: October 17, 2023, 12:07:17 PM
You know what the crazy thing about all this is? Ledger doesn't want to admit that they were wrong, and kill the Recover service. Then they wouldn't be where they are today.
It won't matter, the damage was done the moment they confirmed it's possible to extract the seed from the hardware wallet and send it through the internet.
They just couldn't be happy with customers buying their product, they just had to go down the route of "subscriptions". Just like more and more car manufacturers are doing now, just like software manufacturers are doing, and just like phone providers have been doing for decades. It used to be: "If you're not paying for a product, you are the product". Now, even if you buy a product and pay for it, you're still the product and they still want more money from you.
2379  Other / Meta / Re: Why did a mod delete my posts from 7-2 months ago that didn't violate any rules? on: October 17, 2023, 11:50:05 AM
But 2 threads were moved to sections my campaign won't pay and I lost about 9 posts.
That's the risk of replying to a thread that is posted on the wrong board. But it shouldn't matter, you used to post because you want to, and I assume you still do that.

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Plus 1 thread was deleted so I lost 3 posts. And those 12 annoyed me as I am now being paid so that could cost me money.
Most campaign managers check your new posts made in the past week, so deleting older posts reduces your total post count, but shouldn't affect your earnings. Unless the posts were created in the last week of course.
2380  Other / Meta / Re: Suspicious link deleted on: October 17, 2023, 08:33:37 AM
I have been off from Bitcoin talk for something due to certain matters, on getting back I realised some link I posted were tagged "suspicious link deleted ".
Did didn't happen during your absence, it happened right when you posted the link. It's good practice to read your own posts after posting.
Newbie restrictions were created after many spammers abused the forum in the past.
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