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2561  Other / Beginners & Help / Re: What are they up to? on: March 14, 2023, 06:40:54 PM
- Any stranger which messages you to sell you something for your benefit in the Internet is a scammer. (Life motto)
- Any stranger which sells wallets is a scammer. (That applies to real life too, unless they are empty  Tongue)
- Any stranger which wants your addresses, probably wants to impersonate you.
2562  Bitcoin / Development & Technical Discussion / Re: 1111111111111111111114oLvT2 on: March 14, 2023, 06:33:38 PM
I believe there should be some sort of fail safe in place to avoid losing coins when you make a mistake sending to a wrong script, maybe miners/ nodes should never accept to relay such transactions?
Absolutely not. First of all you can't send coins to a burning looking address by mistake. It's something you need to do deliberately. In fact, there are reasons sometimes to send coins there, like supposedly Proof-of-burn mechanisms like Counterparty. Secondly, not relaying such transactions would introduce censorship.

As for falsely written scripts, we already have non-standardness. Be cautious from that point on.
2563  Bitcoin / Development & Technical Discussion / Re: Decipher xprv or seed from keystore when I know the password on: March 14, 2023, 06:23:22 PM
These are hex numbers.
Which are represented in hex?

I need at least seed to be converted to text.
But seed is supposed to be in hex. Seed phrase is in text.

Also xprv is in hex format that modern wallets do not accept.
It sounds very weird that you have a master private key in hex, as it always comes in base58.

It seems to me your situation is an XY problem.
2564  Bitcoin / Bitcoin Discussion / Re: Planting a tree and investing in bitcoins should wait a certain period of time. on: March 14, 2023, 06:06:42 PM
If you're in just for the profit, you're NGMI. I prefer a future wherein I won't have to convert my bitcoin to fiat, with little inflation, than live rich in a world with crap money.

The adoption of Bitcoin in comparisons with Internet users, world population show that how fast Bitcoin adoption is.
I advice you to be very careful when reading about the adoption and the total users. Nobody can know such thing with certainty, it's like asking how many people possess gold. I doubt you can even approach that number.
2565  Bitcoin / Bitcoin Discussion / Re: Satoshi Nakamoto breaks Silence after 10 years | Shocking announcement on: March 13, 2023, 06:39:12 PM
It's crazy how the entire economy depends on decisions from rich old people working at central banks.
Age is irrelevant to me. What I find crazy is that we've accepted the fact that one entity can decide how the economy will go-- as if they are Gods who know everything and don't do mistakes. And the tragic part is that they will never pay for any potential mistakes they make; fiat is fundamentally prone to failure, because there is no financial incentive to protect it from.
2566  Bitcoin / Mining / Re: Technology to aid bitcoin mining on: March 13, 2023, 06:19:02 PM
The fact that the power consumption increases means that it's profitable to happen, which in a completely free market translates to inevitable to happen. If you lower the cost to mine bitcoin, then you increase the profitability, and set this barrier even higher. Therefore, while with an invention which lowered the cost of energy (or made better usage of an energy unit) you would expect less energy consumed, you'd have opposite results.
2567  Bitcoin / Bitcoin Discussion / Re: Are you for or against ordinals? on: March 13, 2023, 06:06:55 PM
This is just so vague. What's "good for Bitcoin" is very relative. Miners will tell you that any transaction which pays a fee is good for Bitcoin. Regular users who don't want to even give a cent will tell you that any transaction which takes their priority is bad-- especially if it's a transaction that isn't compliant with their moral standard, or whatever.

Ordinals being good or not is irrelevant. What's relevant is if it's good or not to prevent someone from using Ordinals.
2568  Bitcoin / Development & Technical Discussion / Re: Decipher xprv or seed from keystore when I know the password on: March 13, 2023, 04:14:24 PM
What do you mean you want to decipher an xprv / seed? If you have the keystore and the password to unlock it, then you can decrypt everything encrypted in it.

I don't know - I have only .json file and password for it.
Something tells me you bought someone else's wallet which supposedly have coins you try to gain access to. If that's the case, it's most certainly a scam.
2569  Bitcoin / Bitcoin Discussion / Re: Extending bitcoin news on social media handles on: March 13, 2023, 03:55:18 PM
I find it neutral to post about Bitcoin, how good it does etc. You're not making a difference, or very little. We have lots of Bitcoin theory, we need more practice. If you're not a merchant, the best thing you can do is to ask merchants if they accept it, so they can see it's demanded.

We don't need a lot of social media activity around Bitcoin. Only if there are some fake news that need to be debunked.
2570  Bitcoin / Development & Technical Discussion / Re: Full Node VPN+Tor on: March 13, 2023, 03:39:27 PM
Depends on which country you live. If it's somewhere where using bitcoin is illegal, then running a node in clearnet is plain dumb. Your Internet provider can figure out you do easily as messages aren't encrypted. In that case, you should just run via Tor.

There aren't lots of disadvantages with Tor. Only speed. If you sync for the first time, it might take a few days to finish syncing. Consider adding onlynet=onion to go full Tor.
2571  Bitcoin / Development & Technical Discussion / Re: NFTs in the Bitcoin blockchain - Ordinal Theory on: March 12, 2023, 08:58:35 PM
If you think the majority supports ordinals, why don't you create a poll on this and we'll see who's the majority?
Where did he state that the majority supports Ordinals, and since when is bitcointalk the gate to the majority?

[...]
It's roughly what's happening, I guess. Miners follow profit, but there is concern on whether short-term profit is greater than long-term, or if excessive fee rate is more desirable in the end. I can guess the miners don't care a lot about the long-term, but a mining expert can give us some better insight.
2572  Bitcoin / Bitcoin Technical Support / Re: Bitcoin block size on: March 12, 2023, 06:34:31 PM
Am curious  why bitcoin doesn't want to increase it's block size from 1mb ?
Comparably to the rest, I'll have to disagree with the common opinion, that the Bitcoin network can't handle larger blocks. The main reason I see, is that increasing the block size breaks backwards compatibility.

Price should be high and stable enough to make it profitable for miners and less costly for nodes.
Completely your opinion. Price is high enough apparently; difficulty is in ATHs lots of months now. Also, running a node is cheap enough.

Doesn't LN using third party affect bitcoin Decentralization  ?
Depends on what third party you mean. Third parties like BlueWallet or Wallet of Satoshi that act as middlemen, do indeed hurt, not only decentralization, but in the ability to control custody of your funds.

Also is setting up a LN complex? And  does it work well for low Transactions?
It is complex, in comparison with a simple on-chain wallet like Electrum. Yes, it works well for low-value transactions; in fact, it's specially designed for those.
2573  Bitcoin / Development & Technical Discussion / Re: NFTs in the Bitcoin blockchain - Ordinal Theory on: March 12, 2023, 06:19:37 PM
The discussion reminds me of the sustainability problem. On one extreme, if all moved to lightning there would be minimum incentive to mine. On the other extreme, if all moved on-chain, there would be minimum incentive to use due to the excessive cost. Obviously we'll find an equilibrium.

That could happen as result of people using Bitcoin to buy coffee
Forget coffees and teas. This could happen if millions joined the network and wanted to open just one lightning channel.
2574  Bitcoin / Bitcoin Discussion / Re: Do you guys think that there will be a new technology to recover lost of Bitcoin on: March 12, 2023, 05:59:51 PM
In the future when tech gets bigger and better, maybe you can protect your coins a lot better as well
There is no better way than an airgapped device. I don't want to sound absolute, but there just isn't. If you know to properly install a live OS offline, with Electrum pre-installed, in an airgapped machine, then you have everything needed to generate a seed phrase securely. From that point on, it's what you do with the seed that affects your security.

which means even with better tech, others can't hack into your account and steal your bitcoins, plus you would be moving it around with new blockchains as well.
Bitcoin wallet is no account, new blockchains are irrelevant, and hackers generally don't intervene in math and cryptography to gain access to a wallet.
2575  Local / Ελληνικά (Greek) / Re: Τι απαντάτε στο επιχείρημα με τη μεταβλητότητα; on: March 12, 2023, 05:36:51 PM
Επικό meme:


μέχρι και στο Bitcoin πλέον διαβάζουμε τέτοιες πίπες
Ρατσισμό στο bitcoin; Τι εννοείς;

Τώρα έχουν γίνει NPCs που γίνονται offend με το παραμικρό και βλέπουν Ναζί παντού... οι ίδιοι ακριβώς άνθρωποι! Τι διάολο; Τι άλλαξε; Η απάντηση στο λινκ παραπάνω.
Αυτή η τρέλα έχει ξεκινήσει στις ΗΠΑ, αλλά έχω παρατηρήσει πως έχουν αρχίζει να εμφανίζονται παρόμοια "κουσούρια" και στην Ελλάδα. Πρώτα πρώτα οι "ήρωες" των social, που οτιδήποτε συμβαίνει μάλλον νιώθουν πως βοηθούν με reposting.
2576  Bitcoin / Development & Technical Discussion / Re: is mining is the process of finding nonce? on: March 12, 2023, 05:28:08 PM
It is the process of finding a block header such that if hashed twice with SHA256 (or as it's called in the community, hash256), it will result in a number below the target. While searching for such block header, the parameters that change are nonce, extraNonce and the timestamp as said above.
2577  Local / Ελληνικά (Greek) / Re: Τι απαντάτε στο επιχείρημα με τη μεταβλητότητα; on: March 11, 2023, 08:16:53 PM
Και ερωτώ εγώ τώρα: θα ρισκάρει ο κόσμος να πάθει LUNA/TerraUSD No2; Να του μείνει το σακούλι με τα USDC/DAI;
Τώρα που το έστειλες το είδα αυτό. Άλλο ένα stablecoin που γελοιοποιεί το όνομα stablecoin. Πόσο μ' αρέσει να βλέπω αυτά να παίρνουν την κατηφόρα...

Ο Milton Friedman πιστεύω είναι από τους πιο υποτιμημένους οικονομολόγους. Οι ιδέες του έχουν χαρακτηριστεί από αριστερούς ως "βλαβερές για την κοινωνία" λόγω της ισότητας που την βάζει δευτερεύουσα μετά την ελευθερία. Εγώ έχω να πω πως όταν ήταν το δεξί χέρι πρωθυπουργού, τα πράγματα στην Αμερική ήταν πολύ πιο ισόνομα. Όπως λέει και ο ίδιος:
Quote
A society that puts equality ahead of freedom will end up with neither equality nor freedom. A society that puts freedom first will, as a happy by product, end up with both greater freedom and greater equality.
2578  Bitcoin / Development & Technical Discussion / Re: how lightning network works off chain on: March 11, 2023, 07:49:27 PM
Lightning doesn't work like a blockchain, no. Transaction data is shared only between channel partners, and is updated throughout. The only history lightning leaves on-chain is the opening and closing channel transactions.
2579  Bitcoin / Bitcoin Discussion / Re: On Ordinals: Where do you stand? on: March 11, 2023, 07:39:43 PM
your not a native so YOU have the issues understanding english. because of YOUR limited understanding of english
Are offense, spelling mistakes and missing punctuation parts of your dialect? Don't expect every Internet user to understand your unique dialect. British and American are the two dialects most understand. I don't know what English you speak of, nor do I care. If you'd like to communicate, select either British or American.

(you cant even stick to one narrative A or B.. pick one)
I think that you misunderstanding my point is a more likely case.

you are instead promoting how core can throw things into bitcoin network protocol where users cannot vote, decide if its suitable for the network
Vote for what? Everybody can be in favor of the change by running a Bitcoin client with that particular change enforced.
2580  Local / Ελληνικά (Greek) / Re: Συζήτηση περί big blocks (κ.α.) on: March 11, 2023, 07:31:33 PM
@HmmMAA, σου προτείνω να διαβάσεις το: The Blocksize War: The battle over who controls Bitcoin’s protocol rules.

https://www.euro2day.gr/investments/crypto/article/2179159/amerikanikos-daktylos-sth-nea-voytia-toy-bitcoin.html

"Το Υπουργείο Οικονομικών των ΗΠΑ ανακοίνωσε ότι μέλη της ρωσικής ελίτ, που αποτελείται από αξιωματούχους, ολιγάρχες και άλλες οντότητες, έχουν τοποθετήσει αρκετά από τα κεφάλαιά τους (τα υπολογίζουν σε 58 δισεκατομμύρια δολάρια) σε crypto, στην προσπάθειά τους να αποφύγουν τις κυρώσεις εναντίον τους. Η ειδική ομάδα που έχει συσταθεί για την επιβολή των κυρώσεων (REPO) διαβεβαιώνει την αποφασιστικότητά τους να συμβάλουν στην επιβολή υψηλού κόστους στη Ρωσία, όσο διαρκεί ο ρωσικός επιθετικός πόλεμος."
Safe heaven; Μα πως είναι δυνατόν, αφού είναι πολύ καινούργιο αυτό το bitcoin!  Roll Eyes

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