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2501  Bitcoin / Bitcoin Discussion / Re: The Bitcoin network will soon become more centralized on: April 15, 2022, 02:32:03 PM
Bitcoin mining started with PCs, solo mining, then mining pools, GPUs, then ASICs. Power used for mining is switched from mostly fossil fuels to more environmental friendly resources: water, wind, solar, etc.

Recently, we see Tesla joined the party and I imagined about it about 2 years ago. I thought Tesla will provide environmental friendly power solutions for Bitcoin mining industry and they might produce ASICs for this industry as well.

More centralized? I don't think so because Bitcoin by its design is for a peer to peer transactions with a decentralized network. The more adoption for Bitcoin, the more decentralized its network will be. In the past, dominant hashrate is from China mainland, months ago it has gradually spread towards other nations. The trend will continue when Bitcoin becomes legal tender in more nations.
2502  Other / Beginners & Help / Re: How to Create a Quality Post (Topics). on: April 15, 2022, 12:45:25 PM
Yes but the problem with these threads is they are piled under dust if not bumped or some members replied to them.Most of the new registered account does not care to go through them and we can't blame them.
There are reasons like
  • They don't know about available topics, guidelines or don't know how to search effectively
  • They know what and how to do but don't mind to do the right things.
  • There are other reasons why such topics repeatedly created. I don't want to make topic authors feel bad about it
2503  Other / Beginners & Help / Re: 2FA confusion on: April 14, 2022, 04:39:54 PM
But online wallets save the seed phrase on wallet and can be seen through malware, some people can be careless, install malware in a way the malware can steal the seed phrase on their web, mobile or desktop wallet. If 2FA is used like on electrum, the seed phrase can not be found which is still another protection.
Your explanation is inaccurate.

2FA provides protection through co-signing outgoing transactions. It protects your Bitcoin in case your compute is compromised but hackers have yet gotten full access to your seed because with seed, they will be able to import it and change from 2FA wallet to normal (non-2FA) wallet and will able to sign outgoing transaction without co-sign from remote server by Trusted Coin.
2504  Other / Beginners & Help / Re: Improve writing style to Rank up. on: April 14, 2022, 01:31:09 PM
Basic rules
2505  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] OpenWorld - A Digital World for everyone on BSC, Harmony on: April 14, 2022, 09:41:05 AM
Coingecko, Coinmarketcap, Zapper.fi and BSC all updated information to support our project rebrand


Also I invite you to see some sneak peeks about art developments for the digital world of OpenWorld Metaverse behind the scene.


Image source


Bonds


In addition, $OPEN is available for playing games on HyperJump
2506  Alternate cryptocurrencies / Bounties (Altcoins) / Re: $10000 worth of VISE tokens for Article & Youtube Video Campaigns on: April 14, 2022, 09:34:43 AM
Hello guys,

Please pay your attention on the campaign title at least.

It is a campaign for ARTICLE & yOUTUBE VIDEO.

Make sure you read it and understand what it means before you make your application posts here. Don't waste time of manager by your spam and non-sense application.
Sorry if this post sounds harsh!
2507  Alternate cryptocurrencies / Bounties (Altcoins) / $10000 worth of VISE tokens for Article & Youtube Video Campaigns on: April 11, 2022, 11:14:28 AM

           

Disclaimer
  • I (tranthidung) don't manage this campaign.
  • Cryptvise team will manage it.
  • I am not responsible for this campaign management (checking & distribution procedure, etc.)

Spread sheet
  • Because of GDPR, we don't publish spreadsheet in this campaign, all communication between the company and participants will be done via email
  • Read more: https://gdpr.eu/what-is-gdpr/
2508  Other / Archival / $10000 worth of VISE tokens for Article & Youtube Video Campaigns on: April 11, 2022, 10:41:31 AM

           
2509  Other / Beginners & Help / Re: Why would someone create topic that deserves merit but won't be merited? on: April 10, 2022, 02:18:47 PM
Being in this forum for a sometime now I have discovered and observed that some people created quality topics here that deserves merit but they won't get merited
Most of bounty hunters and shit-posters ask such question (I don't attack you and I did not check your post history), but they don't understand that if they make constant good contributions, they will receive merit sooner or later.

I know the pain when one good post does not receive merit but no worry, if you do 100 good posts, I am sure merit will find you and sometimes months after post's publishing time, it might receive merit.

Quote
instead  people that just did a little contribution, post or comment on that topic will end up getting merit.
In fact, it is inaccurate use of merit but fortunately, one member can not rank up from newbie to Legendary by this.
2510  Economy / Trading Discussion / Re: What is going on ? In crypto ? on: April 10, 2022, 02:11:25 PM
So wich coins grow everyday ? There is no such a coins?
Nothing can move like this.

However, you should have a perspective of a long term investor. It is a better perspective and approach in crypto market. Bitcoin is very volatile, that is true but it also has a very solid growth over 13 years from 2009 to 2022. There are many serious price changes in Bitcoin history but if you look retrospectively, you will see its solid and very smooth growth (with yearly candle).

Quote
And why nobody dont create the growth coin that will have large suplly but the supply will getting smaller by the time and coin never fall
Nothing like this too.

There are many Bitcoin forks but they are failed and can not repeat the great success of Bitcoin. There are many altcoins with more serious halving or burn events but they can not achieve great success like Bitcoin.

Quality makes sense, not the number on the tip of iceberg.
2511  Other / Meta / Re: Race to 10K Merit club..... on: April 10, 2022, 01:54:01 PM
Lol, in my particular case, I see it as far away the 10K merits mark. How long have you been on the forum on average?
Experience in the forum, in crypto are important factors but not all of old members or crypto grand-father becomes knowledgeable and valuable with time. Each person is the one who decide who (s)he is and what contribution to make.

In other words, total earned merit or total merit can give a stranger on the forum a first impression but it is just a number and does not indicate who you are. How you earn merit and efforts behind each post, each merit you earn make more sense.

I meant you are still valuable asset of the forum even you just earned 1000 merit and two members with 2000 earned merit might have different contributions on the forum.
2512  Other / Beginners & Help / Re: Newbies: Don't use centralized exchanges! on: April 10, 2022, 12:45:32 PM
2513  Other / Off-topic / Re: Returning user on: April 10, 2022, 05:08:22 AM
Welcome back Crypto-DesignService,

I recall that you and me had almost similar rank years ago. We both had been actively and constructively posted on the forum and ranked up together. Then, you suddenly disappeared and sometimes I click on your profile (via your topic links) to see how actively or inactively you are. You still did not totally disappear, just almost inactively in terms of posting.

From one or two of your topics, I was motivated (after your disappearance) to create my topic

Glad to see you become actively again. I believe you are kinda good asset of the forum community.  Cheesy
2514  Other / Beginners & Help / Re: 2FA confusion on: April 10, 2022, 03:49:19 AM
There is one thing I'm trying to catch here, isn't having access to recovery seed neutralised the power of 2FA Authentication? Or this 2FA auth is already imprinted into the recovery seed as well?.
Mnemonic seed is vital to protect your coin, not 2FA. With seed, you can recover your wallet on other devices even with other wallets as long as they are compatible with the original wallet you use.

2FA on Electrum wallet, for example has a minus point that you will have to pay addition fee for each of your transactions to TrustedCoin which is unnecessary in my opinion.
2515  Other / Meta / Re: Official unofficial forum logo on: April 09, 2022, 12:50:55 PM
I have some from the past, let's check it out

Avatar


Credit: saiga31


Credit: Unknown author
2516  Other / Meta / Re: Race to 10K Merit club..... on: April 09, 2022, 11:11:17 AM
LoyceV is available with that old topic - LoyceV vs theymos (and get your own Merit graph: up to 20 users per graph). It is available up to 20 members per graph so it does satisfy your need.

Last update is in January 2022 but you can make your request, then LoyceV will proceed it for you, I believe.
2517  Other / Beginners & Help / Re: 2FA on crypto wallet exists? on: April 09, 2022, 11:01:42 AM
Again, I don't recommend using a wallet with 2FA.
Bitcoin has been created to give you full control over your fund. With 2FA, you lose your full control.
Not only this, with 2FA, you will have to pay more fee for your transactions because additional fee will have to pay for remote server. Electrum's 2FA guide.

In addition, normal or 2FA wallet, you are able to restore/ recover your wallet with seed you have. In the end, 2FA only secure that specific digital wallet file on one device, if you lose it (by a broken device, by whatever reasons), if you have seed, you can restore your wallet. It means that if you lose your seed, you lose your Bitcoin.
2518  Economy / Trading Discussion / Re: Is there interested in a no KYC exchange. on: April 07, 2022, 08:05:34 AM
There are some attractive factors when people are considering about exchanges
- KYC
- Trading volume
- Available trading pairs or trading methods

For KYC: https://kycnot.me/
There are very little exchanges without KYC as you see above. Worse, after you take trading volume and trading pairs/ methods into consideration, there will be very less exchanges left for you to use.
2519  Other / Meta / Re: [POLL] DT Trust/Feedback Activity Log on: April 07, 2022, 06:25:52 AM
It would be a very long list and content because there are so many DT members on this forum. Latest update: 92 DT1, 461 DT2 members.

If you would like to go with it, where will you publish and store such updates?
I recommend you to do this on your own website just like what LoyceV, TryNinja, BPIP team do with their third-party websites with some data, updates.
2520  Alternate cryptocurrencies / Altcoin Discussion / Re: What is NFT? & How to get free NFTs on coinmarketcap on: April 07, 2022, 06:19:59 AM
Is there any really free NFT worth anything?
Mostly they have over-value or zero-value.

Quote
Probably we can get many free nft over different platform (not cmc only). But what we can do with them? Is it possible to sold them whenever we want? Or just need to wait something special?
It depends. If you can receive airdrop and assign a specific wallet for it. You can claim airdrop and sell it. I consider it as altcoin airdrop and NFT is just one of airdrop methods.

However, if you have to do KYC and submit your personal identity documents, whatever similar to such, I would recommend you should not do this. In addition, make sure people don't carelessly install wallets, apps from new and zero reputation projects. Claiming a zero-/ low-value NFT and get a breach to hackers, it's terrible.
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