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2501  Other / Beginners & Help / Re: 2FA confusion on: April 12, 2022, 07:22:51 AM
Google Authentication 2FA belongs to Google, thats a good example of a centralized entity mate,
The 2FA code is generated using a known algorithm. It's not that you always rely on google for getting 2FA code. You can get the correct code, even if you are not connected to the internet.
You can also use other 2FA applications like Aegis and get the same code.

We don't have 2FA on non-custodial wallets, because these kind of wallets contain your private keys and your private key is all you need to make a transaction. This makes 2FA useless. Anyone who has access to your private key can have access to your fund and make transaction without your permission. In other words, 2FA can't protect your private key.
2502  Bitcoin / Armory / Re: "Connection to Bitcoin Core client lost!" How to fix? on: April 11, 2022, 06:40:39 PM
Didn't you download the blockchain in prune mode?
If pruning was enabled when downloading the blockchain, you don't have the full blockchain now and Armory can't get online.


and I have not received any of the BTC I send to this address.
If you have sent the fund to the correct address, you have received the fund and you will see your balance whenever Armory is synced.  
2503  Bitcoin / Bitcoin Discussion / Re: Do not trust this devil woman, she wants Bitcoin dead on: April 11, 2022, 05:56:41 PM
I think Janet Yellen is old, today she says Negative tomorrow she says positive about Bitcoin, even though she is currently the US Secretary of the Treasury.
She has never said anything positive about bitcoin and she will never do so.
There isn't a single mention of bitcoin in her speech. I am sure she doesn't even know how bitcoin works.

She and all other politicians who talk about cryptocurrencies only know that it's new thing and think that they can use this innovation to prevent their national currency from collapsing.
They think they can combine their centralized currency and blockchain (not real blockchain, the blockchain they like) and have a new shape of currency which is still in their full control. They think people will prefer their stable coin to bitcoin. But I don't see any difference between fiat and a stable coin issued by governments.
2504  Bitcoin / Bitcoin Discussion / Re: Without banking bitcoins will be work on: April 11, 2022, 04:44:38 PM
I don't know what will happen in the future. But whatever happens, there should be a payment system, so people can use it for their buys and sells.

How will you buy a cup of tea in the unlikely event there is no bank? You will be able to buy and sell bitcoin in the same way.
It's also possible that in the future with mass adoption of bitcoin, you can buy and sell everything with bitcoin and there is no need to change bitcoin to fiat at all.
2505  Bitcoin / Wallet software / Re: Keeping coins on Wallets on: April 11, 2022, 04:27:31 PM
I will try purchase little by little whenever i will be able and will use Electrum as you friends advised me.
Electrum is surely a good wallet and it's usually the first wallet which comes to my mind whenever someone asks me to recommend a wallet.
As I said in my previous post, electrum can be used as both hot and cold wallets.
With using electrum, you don't guarantee the safety of your coins. It depends on how you use electrum.

If you generate the wallet on a device which is connected to internet, there's still the possibility that you get hacked.
If you want 100% security on electrum, you should generate the wallet on an airgapped device and keep the seed phrase and private keys always offline.
2506  Other / Beginners & Help / Re: A decentralized 2FA would make sense, don't you think? on: April 11, 2022, 09:00:22 AM
Do you mean having a 2FA wallet without relying on a third party?
If so, that's impossible.

In every bitcoin transaction, you need the private key for making the transaction (multiple private keys and public keys, if you have a multi-signature address).
The purpose of a 2FA wallet is that the private keys are not stored in your wallet. So, there is no way other than giving the private key to a third party, getting a 2FA code instead of that and asking them to make a transaction.

The only solution is to have a multi-signature wallet in which you have access to minimum number of required private keys. Like electrum 2FA wallet in which a third party is still involved and that was discussed in your other topic.
2507  Other / Beginners & Help / Re: 2FA confusion on: April 11, 2022, 08:26:20 AM
isn't having access to recovery seed neutralised the power of 2FA Authentication?
Yes, Anyone who has access to your seed phrase can spend your bitcoin without your permission and without any need to the 2FA code. As mentioned by nc50lc, that's why you should create the seed phrase on an airgapped device.
As you need to be online for registering on trustedoin, you should be careful that your seed phrase always stays offline. Otherwise, you almost defeat the purpose of the 2FA wallet.

For creating a secure 2FA wallet in electrum
1. Create the wallet on an air-gapped device.
2. Move the wallet file to an online computer.
3. Open the wallet file and Register on trustedcoin.
2508  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the best desktop wallet on: April 10, 2022, 04:23:55 PM
If you want a wallet only for ERC20 (ethereum tokens) and BEP20 (binance smart chain tokens), MetaMask may be a good option for you.
On desktop, you can install its extension on Chrome or Firefox browser.

As Metamask is open-source, I think it's better than close-source wallets like Coinomi and Exodus.
Note that MetaMask is a hot wallet and it's not recommended to use it for big amounts. As mentioned by Lucius, if you want more security, you should use a hardware wallet.
2509  Bitcoin / Bitcoin Technical Support / Re: Help a newbie; why is hashing not done once but twice during Bitcoin transaction on: April 10, 2022, 12:08:45 PM
Does this mean the 50 Bitcoin created by the second transaction basically don't exist?
Both blocks are valid and both transactions exist in the blockchain.
The blocks number 91842 and 91880 were considered as exceptions and bitcoins generated in them should be spendable.  

Visit the link below for more information.
Apply BIP30 checks to all blocks except the two historic violations.
2510  Other / Beginners & Help / Re: Via wallet from ViaBTC Group on: April 10, 2022, 09:30:53 AM
The wallet you are talking about is close source and there is no way to know what is exactly happening in the wallet.
As long as the source code isn't available, I assume that it's not secure.

they claimed its decentralised
I haven't ever used the wallet in question, but I am sure it's not decentralized, because you always have to connect to their centralized server for making transaction or checking your balance.
Note that being non-custodial is different from being decentralized.
They allow you to have access to your private keys. So, it's a non-custodial wallet, but that doesn't mean it's decentralized.
2511  Bitcoin / Bitcoin Technical Support / Re: Help a newbie; why is hashing not done once but twice during Bitcoin transaction on: April 09, 2022, 08:33:43 PM
Theoretically, there could be a collision. Realistically effectively, it can't. It's 1 in 2^256 which is a stupidly large range of numbers.
Even in theory, that's impossible. BIP30 doesn't allow a block to include a transaction with a same ID as an existing a not-fully-spent transaction.
(The post has been edited. Thanks o_e_l_e_o for the correction.)

Quote from: bip-0030.mediawiki
Blocks are not allowed to contain a transaction whose identifier matches that of an earlier, not-fully-spent transaction in the same chain.

Before implementing BIP30, transactions could have the same ID.

The coinbase transactions on blocks number 91,722 and 91,880 have the same transaction ID.
The coinbase transactions on blocks number 91,812 and 91,842 have the same transaction ID.

For more information, visit learnmeabitcoin.
2512  Bitcoin / Wallet software / Re: Keeping coins on Wallets on: April 09, 2022, 06:18:23 PM
where is recommended to keep coins safe and get some incomes/profits from them?
If you are looking for a service giving you interest, there is no secure option for you.
For getting interest, you have to give your coins to a third party and I wouldn't recommend anyone to do so.  


Exchange servers or on cold/warm wallets?
An exchange (as its name suggests) should be used for exchanging your coins. You shouldn't use an exchange for holding your coins.
With using an exchange, you give a third party full control over your fund.

It's always recommended to use cold wallets. It can be a hardware wallet or a paper wallet.
Note that if you want to use a software as a cold wallet, you should generate the private keys (or the seed phrase) on an airgapped device and your private keys (and your seed phrase) should never touch the internet.
If you want to spend your coins every day, a cold wallet may not be a good option for you. But note you still need to make sure that the wallet has been created on a secure device. Never keep big amounts on hot wallets.

A good wallet which I can recommend to you is electrum. It's an open-source wallet which gives you full control over your fund. Electrum can be used as both cold and hot wallets. Just note that electrum only supports bitcoin and if you want to hold altcoins, you need other wallets. If you are looking for a multi-currency wallet, it's better to go for a hardware wallet.


if wallets which one is trustworthy Atomic wallet, Exodus or..?
Both Atomic and Exodus are close-source and we don't know what's exactly happening in those wallets. It's possible that they have access to your private keys.
2513  Bitcoin / Electrum / Re: Electrum wallet on corrupted SSD. Seed restore not working. on: April 09, 2022, 04:18:56 PM
So actual chance to get a valid seed phrase when "scrambling the 12 words" will be a lot lower than 1/16 since most of those "other words" aren't in any of the 12 words to be scrambled.
It's not.
When we select the last word from the 2048 words, the chance to have a seed phrase which passes checksum is 1/16 on average. It seems that we both agree on this.

Now assume that we have 12 words instead of those 2048 words. The chance is still 1/16 on average. Because those 12 words have been selected randomly from the 2048 words.
The only difference is that instead of selecting each of 12 words from the 2048 words separately, first we selected 12 words from the 2048 words randomly and then selected each of the words from those 12 words.
This doesn't change the chance of having a seed phrase which passes checksum. In both cases, we selected 12 words from the 2048 words randomly.

I'm not saying the chance is always 1/16. That's 1/16 on average.
For example, any combination of following words give you a seed phrase which passes checksum.

Code:
action action action action action action action action action action action action 
2514  Bitcoin / Electrum / Re: Electrum wallet on corrupted SSD. Seed restore not working. on: April 09, 2022, 09:40:51 AM
True but isn't that 'average' only for situations when all the words are candidates for the checksum?
I think the chance is still 1/16 on average. Because all the 12 words have been selected randomly. (Even the last word is random, because it's a function of a random number.)

If you select the last word from the 2048 words, there's 1/16 chance on average that the seed phrase passes the checksum.
There wouldn't be any difference, if you select 12 words from the 2048 words and then select each of the words from those 12 words.
Correct me if I am wrong, please.
2515  Bitcoin / Electrum / Re: Electrum wallet on corrupted SSD. Seed restore not working. on: April 09, 2022, 07:51:51 AM
He mentioned that the "checksum passes" so the words must be in the correct order.
I know it's unlikely, but it's possible that checksum is OK, even if you enter the words in the wrong order.
If you enter the 12 words in the random order, on average there's 1/16 chance that it passes checksum.
2516  Other / Beginners & Help / Re: 2FA on crypto wallet exists? on: April 09, 2022, 06:46:32 AM
I don't recommend using a wallet with 2FA.
If you want to have 2FA, you have to use a custodial wallet and give a third party full control over your fund.

The only wallet allowing you to have 2FA and have full control over your fund at the same time is electrum which only supports bitcoin.
The 2FA wallet in electrum is actually a 2 of 3 multi-signature wallet in which transactions are signed by the user and trustedcoin (a third party)
Electrum gives you a seed phrase allowing you to disable 2FA at any time.

Note that for making transaction with electrum 2fa wallet, you have to pay additional fee to trustedcoin, so they sign your transactions. (Click here to see how much trustedcoin charge.)
The network fee will be also higher due to using multi-signature addresses. (The network fee will be still higher even if you disable 2FA using your seed phrase)

Warning:
Download electrum only from its official website and do not forget to verify your download.


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.
2517  Economy / Reputation / Re: Bitcointalk Admin Help us. on: April 09, 2022, 06:24:19 AM
Even if you can prove that you haven't joined any bounty campaign with multiple accounts, admins will not remove the negative trust. The users who gave you negative trust are the only ones who can remove it.

His account LoyaltyShanto this already banned few days/weeks or March 31 maybe so he create a new account and he start again work from this account HHunter08.
This is called ban evasion and is against the forum rules.
2518  Bitcoin / Bitcoin Technical Support / Re: Help ! Bitcoin send to one address goes to two address automatically?? on: April 09, 2022, 05:55:19 AM
And without downloading the latest blockchain the address X you talking about is not showing in your receiving addresses
Even if bitcoin core is fully synced, change addresses are not shown in receiving addresses.
To see all your addresses (receiving addresses + change addresses), you can use the following command in console.

Code:
listaddressgrouping
2519  Bitcoin / Wallet software / Re: The best passphrase on: April 08, 2022, 07:01:42 PM
(12! = 479,001,600)
There are 12! combinations if there are 12 known words and there are no duplicate words in the seed phrase.

2^128
In the case the seed phrase has been generated by electrum, it provides 132 bits of entropy, not 128.
There is no checksum in the seed phrase generated by electrum.


I think 24 words would be longer without much benefit so far 12 words of seed phrase is safe enough,
Right.  With increasing number of the words to more than 12, you don't really increase the security of your fund.
For example, a 15 word BIP39 seed phrase provides 160 bits of entropy. (165 bits of entropy if it has been generated by electrum)
Instead of trying to brute-force your seed phrase, the hacker can try to brute-force your private key which provides 128 bits of entropy.
2520  Bitcoin / Bitcoin Technical Support / Re: Help ! Bitcoin send to one address goes to two address automatically?? on: April 08, 2022, 05:15:42 PM
=> When I load my wallet A still shows 100,000 (but the block explorer website shows less than this).
That's probably because wallet A includes multiple addresses, but in the block explorer you are checking a single address.
You are confusing wallet with address. Note that a wallet can include numerous addresses.


How can I send money to my original wallet (A) from my supposedly new wallet(X).
Address X is a part of your wallet and there is no need to make any transaction.
That will be used whenever you make a transaction.


and again if I send from wallet X to wallet A, will it not create another wallet (Y)?
Address X to address A. Not wallet X to wallet A.

Every time you receive a transaction, a new UTXO is added to your wallet.
Let's say you have received 0.1 BTC in transaction A and 0.2 BTC in transaction B.
Now you have two UTXOs.
UTXO A: 0.1 BTC
UTXO B: 0.2 BTC

Any of UTXOx must be spent completely.

If you spend all the fund, your wallet will use both UTXOs and there will be no change.
If you spend 0.2 BTC and only use UTXO B, there will be no change.
If you spend 0.15 BTC, you have to have a change address.
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