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2501  Economy / Economics / Re: CBDCs really worth it? on: April 23, 2022, 11:35:10 AM
I don't really see any difference between a digital currency issued by the governments and fiat. There are two big problems with fiat. 1. It's centralized and the governments have full control over people money.  2. It can be printed.
A digital currency issued by a government still have both problems. I am sure they will design the so called digital currency in a way so they can increase the total supply whenever they want.


Why creating CBDCs, it is not necessary in my opinion.
Yes. There is no need to such currencies.
Governments believe that bitcoin is a threat to the control they have over people's money and think that with introducing such a digital currency can decrease that threat. That's the only reason they think of creating such a currency.
After launching their CBDC, some governments may say that "why do you want bitcoin? Our CBDC is better than that and bitcoin is illegal".
They don't really know how bitcoin works and think they can prevent people from using bitcoin is this way.
2502  Bitcoin / Electrum / Re: Lost my phone and access to Google Authenticator on: April 23, 2022, 10:54:58 AM
And as far as I can remember I didn’t get any Seeds when I was signing up in there.
Electrum definitely displayed a seed phrase when you were creating the wallet. It even forced you to enter the seed phrase to confirm you have saved it.


How can I regain the access? Is there any way to reset GA for my account or re-link with new GA?
You need the seed phrase to disable 2FA or use the 2FA key to set up the 2FA again.


Is there any way to reset GA for my account or re-link with new GA?
If you have neither the seed phrase nor the 2FA key, the only thing you can do is to contact trustedcoin support.
In their "Contact us" page, they say that they won't sent you a new key. But that's your only chance and there's nothing else you can do.
2503  Bitcoin / Hardware wallets / Re: Ledger Nano S - Personal Learnings & Review on: April 23, 2022, 09:26:18 AM
Additionally you can go for custom derivation path, I believe that's based on the network?
As I already said in my previous post, the second number refers to the coin type.
For example, the path m/44'/0'/0' is used for generating legacy bitcoin addresses. The path m/84'/0'/0' is used for generating native segwit bitcoin addresses.
The path m/44'/60'/0' is used for generating ethereum addresses. The path m/44'/195'/0' is used for generating Tron addresses.

Also, with changing the third number, you can create new accounts with new addresses.
Some wallets like electrum uses the fourth number to distinguish between receiving and change addresses.
For example, electrum generates receiving addresses on the path m/44'/0'/0'/0 and change addresses on the path m/44'/0'/0'/1
2504  Bitcoin / Hardware wallets / Re: Ledger Nano S - Personal Learnings & Review on: April 23, 2022, 08:44:33 AM
Are you sure this is correct? Shouldn't it be m/44'/00'/0'?
Seems that so98nn is referring to the derivation path used for ethereum.


so98nn, the second number in the derivation path refers to the coin. 0 refers to bitcoin and 60 refers to Ethereum.
You should use the path m/44'/60'/x when dealing with ethereum and m/44'/0'/x when dealing with bitcoin. I think it's better to be a little more specific here.
2505  Bitcoin / Bitcoin Discussion / Re: Blockchain.com Wallet KYC on: April 22, 2022, 07:14:50 PM
I'd appreciate if someone could answer if they also offered it in the past, since I've only used their wallet.
Click here to see the oldest version of their exchange page I could find. It has been taken on December 21, 2019.

Edit:
They launched their exchange in July 2019. Click here to see the reference.
2506  Bitcoin / Bitcoin Discussion / Re: 12 word seed not cross platform compatible? on: April 22, 2022, 05:43:01 PM
Alternatively, you can create your electrum wallet and move the BTC from your BRD wallet to Electrum wallet.......
That's no longer possible.
BRD wallet has been bought by coinbase and they have stopped their service. Now all the users have to import their seed phrase into other wallets.


To OP:
As already suggested above, you can follow the guide provided by fillippone and specify the derivation path manually.
You can also click on "Detect existing account" when importing your seed phrase. In this way, electrum will automatically find the correct derivation path.
2507  Bitcoin / Bitcoin Discussion / Re: Blockchain.com Wallet KYC on: April 22, 2022, 05:22:44 PM
how can someone block your wallet if you actually have your keys, can't you import them into Electrum for instance?
Yes, You can import your seed phrase into any other wallet supporting BIP39 seed phrase and access your fund.
I have read many reports regarding blocking accounts on blockchain.com. But they all are related to their trading account and they have nothing to do with blockchain.com wallet.
2508  Other / Beginners & Help / Re: spend twice more Bitcoins while waiting the block to be verified? on: April 21, 2022, 11:44:52 PM
Also if the non replace-by-fee (child) transaction is not having a replace-by-fee parent transaction because the replace-by-fee parent transaction can be double spent which can make the child transaction to become invalid.
If there's a legacy or a nested segwit address in inputs of the unconfirmed parent, there's the chance of malleability attack too.
Nodes can change the hash of the unconfirmed parent and makes the child invalid. This can happen even if the parent hasn't been flagged as RBF.
2509  Other / Beginners & Help / Re: spend twice more Bitcoins while waiting the block to be verified? on: April 21, 2022, 02:26:11 PM
As far as I know, this can only happen in the case of a 51% attack, when the one who would gain majority control over the hash rate could do double-spend transactions and prevent new transactions from being confirmed.
There's another scenario in which the transaction is included in a stale block.

Assume that miners A and B mine a block simultaneously. Miner A has included your transaction. Miner B hasn't included your transaction. Now your transaction has 1 confirmation.
The next block is mined and is added to the chain including the block mined by miner B. The block mined by miner A is now a stale block.
Now your transaction isn't on the chain with the most work and it's unconfirmed.
2510  Other / Meta / Re: Ninjastic.space - BitcoinTalk Post/Address archive + API on: April 21, 2022, 01:25:02 PM
I tried doing that in the first place before asking my question in forum, and even after refreshing page I was not getting the same results like before.
I also tried that to see how it works on my side.
When I refresh the page (a normal refresh, no need to a hard refresh), the result is back to normal and ignored topics are shown again.
When I do a new search"without refreshing the page, the ignored topics are still hidden.
2511  Other / Beginners & Help / Re: spend twice more Bitcoins while waiting the block to be verified? on: April 21, 2022, 01:00:09 PM
As a long as a bitcoin transaction is unconfirmed, there's a chance that it will never be confirmed.
In theory even a confirmed transaction has still the chance to become invalid.

So, accepting an unconfirmed transaction depends on your risk acceptance.

I would never accept an unconfirmed transaction which is flagged as RBF even if the amount is very small.
I may accept a non-RBF unconfirmed transaction if the amount is small.
If the amount is big, I would accept the transaction only if it's confirmed.

Many services don't accept your transaction even if it has received 1 confirmation and they require more confirmations.


Now, in a situation where I want to buy a grocery from the local shop for 0.0001 Bitcoin, should I wait 10 minutes (maybe 5) so that the seller makes sure that the transaction is valid?
If the fee you pay for the transaction isn't enough, there's the probability that the transaction takes a very longer time to be confirmed. (In the worst case, your transaction will never be confirmed)
2512  Other / Meta / Re: Ninjastic.space - BitcoinTalk Post/Address archive + API on: April 18, 2022, 11:38:02 AM
You can't scrape a 1 day old post without knowing the topicID already.
Even if a topic is moved to a different board, the topic ID doesn't change and you can still use the same link to see the post.

TryNinja can scrap the location of every topic one more time after a certain time to check if it has been moved. Of course, I doubt it's worth it to do that.
2513  Bitcoin / Bitcoin Discussion / Re: Blockchain.com Wallet KYC on: April 17, 2022, 10:54:37 PM
I do believe they don't have access to passphrases and that technically the coins do belong to customers.
As the source code isn't available to the public, there is no way to know that. It's possible that they have access to users seed phrase
(The 12 words you use for recovering your wallet is called seed phrase, not passphrase.)



Can you use your blockchain.com seed phrase in another wallet provider and access your funds?
Yes. The seed phrase they give you is BIP39 and is compatible with many other wallets.


I'm also curious if blockchain.com restrict your money for suspicious activity since they require information that centralized exchanges and custodial wallets usually do.
blockchain.com is both a wallet and an exchange.
If your fund is on their wallet, it can be recovered using your seed phrase.
If your fund in on their exchange, they can do everything they want.
2514  Other / Meta / Re: Ninjastic.space - BitcoinTalk Post/Address archive + API on: April 17, 2022, 06:26:46 PM
The topics that were created in one board and then moved into another board do not have any updated information about the new board they have been moved to.
It's almost impossible to do that.
In order to have information about the new location of the posts, TryNinja has to scrap the location of all the posts made in the forum again and again forever.
2515  Economy / Service Discussion / Re: ChangeNow.io Illegally holding my 10Ethereum for months and Failed to cooperate on: April 16, 2022, 09:54:24 AM
it was clear that the funds was with them thats why they claim to refund. On Etherscan.io we can see that ChangeNow sent 32ETH including my 10 Ethereum to Binance .
Changenow is an exchange. It's true that they have received those 10 ETH. But they have sent another cryptocurrency to the hacker.

I have a question for you.
If someone steals your money and buys a car with that, who should return the money to you? The car seller or the thief?
2516  Bitcoin / Bitcoin Technical Support / Re: Newbie help; What happens when the combine transaction fee and block reward ar on: April 15, 2022, 11:06:49 AM
1. Does these apply to every transactions?
It only applies to coinbase transactions.
Bitcoin received in other transactions can be spent once it's received (even if the parent is still unconfirmed).


2. If no, please explain the phenomenon behind it?
There's always the chance that a block is orphaned*.
The rule prevents miners from spending the bitcoin that has been generated in a block that may be orphaned.


*An orphan block is a block which has been mined successfully, but it's not accepted due to not being in the longest chain.
2517  Economy / Service Discussion / Re: ChangeNow.io Illegally holding my 10Ethereum for months and Failed to cooperate on: April 15, 2022, 09:23:45 AM
I read all your posts in this topic and I feel you misunderstood them. They didn't really promise to refund you.
They only asked you to make a request and tell them why you believe that they should refund you. This doesn't mean they promised to send those 10 ETH to you.


The thief exchanged it for fiat and changenow had the bank details.
It's unlikely that he/she has exchanged those 10 ETH for fiat. There's a big possibility that they have been exchanged for another cryptocurrency.
2518  Bitcoin / Armory / Re: Restoring Armory 1.35c wallet on: April 14, 2022, 11:50:18 PM
It should have double space in the middle of the 1st and 2nd rootkey and if you paste or manually type the root key when restoring it with Armory wallet the spaces are automatically filled.
OP didn't import the root key into Armory. He/She imported the Armory's root key into brainwalletx.
In that tool, you have to enter the spaces manually when typing the root key.
2519  Other / Beginners & Help / Re: 2FA confusion on: April 14, 2022, 11:04:36 PM
(I don't know any site that is compatible with Electrum's seed phrase when you import a wallet)
The seed phrase generated by electrum for a standard wallet can be imported into bluewallet.
The seed phrase generated by electrum for a 2FA wallet can't be imported into any other wallet.
2520  Other / Beginners & Help / Re: 2FA confusion on: April 14, 2022, 10:30:40 PM
but you can still import it in other wallet provider like TrustWallet using the Seed phrase and you don't need the 2FA OTP even if you set up a 2FA in Electrum.
You can't do that.
The seed phrase electrum generates for a 2FA wallet is different from common seed phrases. It's a backup for two master private keys and works in a different way.

Note that even a seed phrase generated by electrum for a standard wallet can't be imported into trustwallet.
Trustwallet uses BIP39 standard while electrum uses its own algorithm for generating a seed phrase.
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