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"always relatively stable" is an unusual way of describing it. The value of ZEC, in terms of BTC, has dropped from 0.03 to 0.01 (down by 67%) over the last year, and down from 6 BTC at launch.
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...The creation of the hydrogen could be a proof of work, and used to store energy credits on a blockchain. These credits could be traded, and energy consumers could acquire them, and use them to gain energy for transport or manufacture.
In this scenario, the credits are the currency and they are backed by hydrogen. It is not a new concept, |
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"Reduce in supply" by this I meant the number of coins that are getting mined will be reduced. Halving is the process of 1/2 the Coins that are mined right? Or you can say that it is reduction of reward by 50%. Which indirectly means the number coins Coinbase transaction reduces exactly by half. This is why I refereed supply reduces.
I did not get you. I did not understand how that does not effect. Demand and supply balance always affects the market right? Please explain. Now I am confused.
Keep in mind that bitcoins are not consumed. The halving reduces the rate at which coins are mined, but that is not the "supply". That is the "production". Even though the production is halved, the supply continues to increase until the total number of coins reaches 21 million. Believe that Bitcoin prices are expected to rise at the next halving event. Because halving events mean less amount of Bitcoin is left for mining, miners will fight and compete with each other as before. With transactions that take longer, if there is less supply in the market while demand remains constant, the price of Bitcoin will definitely rise high in the long run.
Transactions won't take longer and the supply in the market will continue to increase before and after the halving. |
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The rate of block production proportional to the hash rate (assuming the difficulty is the same).
The reason for "1 block before the height of the transaction sent to the exchange" is that the attacker must branch the chain before the block containing the transaction that is to be double-spent.
I assume you are able to figure out the rest.
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...
"vin": [
{
"txid": "a13300eb2da6fc3d2d8f0a19cc8fa26fcb626544dfe298657384baf6a3bafffa",
"vout": 0,
...
},
{
"txid": "5102bb4807593b24917c0782f9d50d5f3eb11715357bfcb91bcde2d2f65ad23d",
"vout": 0,
...
}
],
...
The inputs of the transaction are outputs 0 and 0 of transactions a13300eb2da6fc3d2d8f0a19cc8fa26fcb626544dfe298657384baf6a3bafffa and 5102bb4807593b24917c0782f9d50d5f3eb11715357bfcb91bcde2d2f65ad23d. Is that what you want to know? |
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You have to understand that religious people are really low IQ people / indoctrinated heavily or delusional. Radical Muslims actually believe they are doing us a favor by killing our babies because they will go directly to heaven, similarly they truly believe it's their duty to kill infidels, etc.
Your belief is not well-supported: We examined the educational backgrounds of 75 terrorists behind some of the most significant recent terrorist attacks against Westerners. We found that a majority of them are college-educated, often in technical subjects like engineering. In the four attacks for which the most complete information about the perpetrators' educational levels is available -- the World Trade Center bombing in 1993, the attacks on the American embassies in Kenya and Tanzania in 1998, the 9/11 attacks, and the Bali bombings in 2002 -- 53 percent of the terrorists had either attended college or had received a college degree. As a point of reference, only 52 percent of Americans have been to college. The terrorists in our study thus appear, on average, to be as well educated as many Americans.
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Ultimately, whoever has the private keys controls the coins whether they are alive or dead. If you want someone to gain control of your coins after your death, you must give them access to the keys somehow.
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The efficiency of the mining equipment is irrelevant. Miners with efficient equipment will increase their capacity. Whether miners are efficient or not, they will consume as much energy as they can in order to maximize profits.
Here are some ways to reduce the carbon footprint of mining:
1. Reduce the amount of fossil fuels used in power generation.
2. Increase the cost of energy.
3. Reduce the value of the mining revenue. Note that the halving reduces the revenue by almost half every 4 years.
4. Switch to an algorithm that does not depend on consuming energy.
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Logically, the price has to increase with the halving right?
Halving basically reduces the reward to the miners. If miners are rewarded less then there can be reduction of miners due to maintanince cost and other reasons which in-turn may increase the congestion.
Also, the price increases as the supply is less and demand is more. Halving by halving the supply reduces and demand increases thus, the price hash to increase.
Those are common misunderstandings. The number of miners does not affect the backlog of transactions because the difficulty self-adjusts every two weeks. Halving does not halve the supply. It halves the production. The supply of bitcoins continues to rise as the total number of bitcoins approaches 21 million. |
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During last month we heard a series of news about exchange hacking from binance to cryptopia(which led to the shut down of this exchange). This thread is open to discuss about how exchange hacking can been prevented or minimize with the aid of Blockchain.
My first suggestion is that there should be a special protocol for generation of wallet addresses used by exchanges. This addresses should have an attributes and methods of preventing hackers from moving fund. Each mining node should act as police that will always check for malicious attack on these address by blocking movement of large amount of BTC from any address own by exchange and verification should be done before such move.
Perhaps the easiest "special protocol" might be to simply use 2-of-2 multisig addresses. Attackers would have to find two keys instead of just one in order to steal coins from the wallets. On the other hand, I don't think that will really stop them because they probably don't find the keys to access the coins in the first place. I don't think your idea of miners acting as police is feasible, or even desirable. |
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My assessment is that the Lightning Network goes a long way to providing scaling, but the current Bitcoin implementation cannot support a LN with any significant level of adoption. At some point, the maximum size of a block must be increased, and continue to be increased periodically.
Let's make sure that the political situation does not prevent that from happening. I believe that there is a real danger that without sufficient scaling, the system will be taken over by private networks of custodial wallets (Coinbase, Bitpay, etc.), and will become just another banking system that is just as bad as what we already have.
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Who is behind this? It smells like a scam to me.
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...
Bitcoin halvings which have happened before always displayed far-reaching heights, hence the same is expected of the upcoming one.
...
The times that the price has risen dramatically do not coincide with a halving. Doesn't that indicate the price rises are unrelated to the halvings? These facts contradict the story of the halving-induced price rises: The price rise after the 2012 halving started about a year before the halving and ended with a bubble shortly after the halving The rise to $1000 started six months after the 2012 halving, after a steep drop following the previous bubble. If you attribute the rise to $1000 to the halving, woulding you also attribute the fall from $200 to $70. The price rise to $20000 started about a year before the 2016 halving and the price actually fell during the month after the halving. |
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Fred Hoyle is right, Look around you. Show me one thing created from nothing, your big bang is a joke. Eisenstein if I do not move and duration or time goes by, is space and time connected? The universe is not expanding.
This is a invisible jet stream is space (kind of what the turtles ride in finding nemo) Hubble observed the star in front and behind from the middle. He was convinced that it was expanding because of where he sat in the observation.
You lack some important knowledge on the subject. I suggest that you gain more understanding of the subject before making those kind of claims. That video is stupid. I have no doubt that the guy flunked his 8th grade Earth Science class. Nothing that he said was accurate. I'm surprised that he mentioned the Earth's core and mantle. He must have been half-awake during that lesson. He called them the "lava core" and the "metal". We need to start putting weight equally distributed around the Earth. ... We need to equally distribute the weight on this [Earth] or it is going to pop.
LOL |
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Never sell BTC through Paypal. You can be scammed no matter who sends first.
Buying is not as risky as long as the other person sends the BTC first, but you could end up with a frozen account and a ban.
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What do you have to offer? Just an idea? Ideas aren't worth much. Unless you have expertise in credit or finance or banking, or technical expertise or experience in running a startup, you don't bring much to the table (in my opinion), regardless of how good the idea might be. Sorry.
Your best strategy is to first discuss your idea with people and see what they have to say about it and what suggestions they may have.
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Bad-ecker, Astargoth and Odolvlbobo before and after finding Flat Earth thread  ... It appears that you have run out of good arguments and are left with only ridicule and name-calling. |
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When coins are stolen from the web wallet, will the site pay back the victim money?
Depends on the site. |
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Hi guys, this is my first time hearing about this bitcoin block halving thing. So from this, what do you guys can infere from this halving thing? Does that mean that a bullish market could come if the supply gets halved? What are the advantages and disadvantages and of this occurrence and who controls this?
The supply is not halved. The advantage is that Bitcoin's inflation rate is halved. The disadvantage is that Bitcoin's security against a 51% attack is reduced. Nobody controls the halvings as they occur automatically every 210,000 blocks. |
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