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2781  Bitcoin / Development & Technical Discussion / Re: Cheating the penalty system with lightening network by force publishing old com. on: May 18, 2022, 02:16:53 PM
I feel there are 2 different things being discussed here.

Running lightning isn't the easiest thing in the world unless you are going for one of the prepacked nodes. You DO need to have or at least should have a good working knowledge of linux and how BTC works in general.
If you don't then you really should learn a bunch before doing it with any real amounts of money*

Running BTC as a full node can be bone dead simple if you don't want to build from source. Download binary, verify signature, run it.
If your PC that you are running it on is compromised you may loose your money. If it's the same PC you do your online banking on, and it's compromised, you may loose your money.

HOWEVER, we are BTC enthusiasts here. I have said it before and will say it again, we are EDGE cases, that 1% of users, whatever you want to call us.
For most people using a wall known and well proven SPV wallet like Electrum is fine.

If you think you have to technical ability and knowledge to run a LN node that you built from source form scratch and get hit by something that the OP suggested then guess what. You did not have the ability and knowledge. Step one of running a LN node. Don't run anything else on that sever. Because, you know what, even if it was not malicious software but just something that caused other issues and a crash. You now have to go figure out why and what happened and get your node back up before the other people start force closing because you have been offline.

-Dave

* As always real amounts of money will vary from person to person. If I loose $100 it would suck but not matter in the long run. If Bill Gates looses $100 he would not even notice. If someone living in poverty looses $100 it could really wreck them
2782  Bitcoin / Development & Technical Discussion / Re: Consolidation of mixed outputs on: May 18, 2022, 11:39:00 AM
And even if there is an 'upper limit' of the addresses they will give you all you need is another email and you can start the process again.
Probably worth pointing out that using more than one account is against their terms and you risk getting hit with KYC demands, which obviously defeats the whole purpose here:
Any Customer using more than one Bitrefill account, or any other expedient, in order to circumvent the limits below, is in breach of these Terms and can have its account, or accounts, suspended until customer due diligence is successfully completed.

That looks to be to cover the $2k / day limit. Unless you have a lot of UTXOs then I doubt you would ever hit that wall. But as always when using a service to do something it's always a risk.

Also, do they have a minimum deposit amount or do they charge a processing fee? I can't imagine they would be too thrilled by receiving dozens of 1000 sat outputs and having to consolidate them all.

As of now $1.00 (when it hits not when you send so don't send all those $1.00 with a low fee since if it takes a while to get there and even a small dip occurs.

As for all the small TX if a lot of people start doing it I can see them raising it from $1 to $5 to even higher.
For now it's an option.

There are other services out there that do similar with gift cards that allow you to bank funds but Bitrefill is one of the oldest and stable, and has a really good reputation.

-Dave
2783  Bitcoin / Bitcoin Discussion / Re: Kwik Trip To Install 800 New Bitcoin ATM on: May 18, 2022, 11:14:16 AM
Although I think the 11% fees are high I also can see the business behind it.

BATMs are not cheap
Keeping the back end servers up an running has a cost
Hiring people to put in / take out the money has a cost
Since they are still somewhat new customer service people have a cost
And, don't forget PROFIT.....

And this I see as the really annoying part, they probably have to keep the fees equal across the network.

People have gotten used to $4 ATM fees to pull out $40 in cash so this is really not that much worse for smaller transactions.

-Dave
2784  Bitcoin / Project Development / Re: Who Can Review This Site? on: May 17, 2022, 06:30:06 PM
I can't give you an answer, but I can give you some guesses.

1) If your site was already down in google rankings and the other one is crawled / linked more it may have seen it 1st
2) Your site is not optimized for google so it's way down there on the to-do list for their crawler bots.
3) You have something misconfigured on your google webmaster tools and the crawlers are waiting for you to fix it.

Sorry I can't be of more help.

-Dave
2785  Bitcoin / Mining / Re: Solo Mine to Bitcoin Core 22.0 on: May 17, 2022, 04:55:43 PM
Take a look here: https://bitcointalk.org/index.php?topic=4980079.0
There are other pool installers out there too. I can't vouch for any of them but I know they exist and people use them.

You might actually want to ask in the altcoin mining section. New shitcoins are popping up all the time and pools to go with them so I would *guess* there are people who can help you there too.

Somebody was working on a NOMP or UNOMP version that worked with the newer versions of BTC
Don't remember what happened with that project.

-Dave
2786  Bitcoin / Development & Technical Discussion / Re: Consolidation of mixed outputs on: May 17, 2022, 01:28:50 PM
It seems neat idea, but i wonder if there's privacy implication if you keep doing it for long time? I know Bitrefill give new address for each purchase, but i don't remember whether they also give new address for each deposit.

Yes they do. I just tried it, sent BTC to the given address and as soon as it was confirmed and I went back there was a new deposit address.
And even if there is an 'upper limit' of the addresses they will give you all you need is another email and you can start the process again.

Perhaps not the best or even an ideal way of doing things but it does work.

EDIT TO ADD: If you do use the referral link in the post above and make a qualifying purchase I will know what email address you signed up with, no way of tying it back to you but wanted to put it out there.
Although LeoRockz@aol.com might point back to someone :-)

-Dave
2787  Bitcoin / Development & Technical Discussion / Re: Consolidation of mixed outputs on: May 17, 2022, 12:22:07 PM
Also, and since I do like the service you can use Bitrefill and buy gift cards if it's available where you are located.

https://www.bitrefill.com/signup?code=mibrahcu <-- referral link
https://www.bitrefill.com <-- non referral link

They have the option of adding BTC to your account. They will convert it to a 'cash balance' at the time you send it and each time you deposit you get a new address.
The minimum is $1.00 at the time of sending.

So in theory you could create an account with just an email add a bunch of small amounts of BTC, withdraw to a gift card that you can use in person.

A bit more limited then an exchange since they have to offer service where you are and you have to want to use a gift card at one of the merchants they offer. But still an option.

EDIT TO ADD: If you do use the referral link above and make a qualifying purchase I will know what email address you signed up with, no way of tying it back to you but wanted to put it out there.

-Dave
2788  Other / Bitcoin Wiki / Re: The Bitcoin Wiki Modernization Project - request changes and edits here on: May 17, 2022, 12:13:30 PM
Slightly off topic but you might want to go to Wikipedia and look up the term masochist. I guess I missed the post where you were talking about computing like it was 1985.

Back on topic, do you think there should a 'prioritization' of some changes over others.
Or, do you just want to take them as they come in?

Prioritization does lead to more discussion, which means more of your time.
As they come in means something important that should have been changed in 2020 is still showing and might be there a while.

-Dave
2789  Bitcoin / Development & Technical Discussion / Re: Consolidation of mixed outputs on: May 17, 2022, 11:40:13 AM
To me at least it also depends on the amount of the dust and how much time and effort and money you want to put into it.

There are a few exchanges that don't need anything more then an email address to sign up and will give you a new address with each deposit. They do have miinnium deposit amounts but will credit you once you hit it in total usually 0.001

So in theory it would be known that all these outputs went to one exchange and the exchange would know what email address they were linked to but that is about it.

You could then exchange the coins to a privacy based coin like XMR to another exchange that just requires an email to sign up and exchange them back to BTC

Downsides:
2 x exchange fees
2 x withdraw fees
A lot of time for what may not be a lot of money in the end
If you don't use public Wi-Fi or the like there is still the risk of being found out
You have to trust the exchanges with the funds

-Dave

2790  Economy / Exchanges / Re: Coinbase warns users about bankruptcy risks on: May 16, 2022, 08:39:25 PM
IIRC another thing that was mentioned was that this has never been tested in court, so they really don't know what could happen. People might get their crypto back or the bankruptcy court could order it to be liquidated.

I heard something about it being that way but was at a client and could not really pay attention.

-Dave
2791  Bitcoin / Mining support / Re: minerd LONGPOLL pushed a new work on: May 16, 2022, 07:39:02 PM
You are not submitting shares to f2
VERY basic view of it:

Bitcoin difficulty is very high
Pools accept lower difficulty shares to prove that you are actually hashing / doing work.
BUT a CPU is so slow that it can't even generate work up to the lower difficulty levels.

Pools expect a share from you every "X" seconds if they don't get it they will accept lower difficulty.
BUT only to a point. A CPU is well below that point. The same way a human on the sidewalk is way below the top point of the Empire State Building.

Long polling (longpoll) allows worker to know when the work they are doing isn't useful anymore (new block found) it is  part of the old way of miners talking to pools / wallets when using the getwork protocol.
Stratum is the newer (2010? 11?) better faster way of miners talking to pools. Wallets do not implement stratum.

-Dave
2792  Bitcoin / Bitcoin Discussion / Re: How many BTC is in circulation? on: May 16, 2022, 05:02:04 PM
There will only be 21 million bitcoins available because the bitcoin platform operates on a scarcity model.
Miners enforce the rules of the network and distribute the remaining 21 million bitcoins.

And currently around 19 million bitcoins, or more than 90% of the supply, have been mined.


Thank you , I am aware of it but I would like to know how many are in circulation and trading and how many are in cold wallets with holders! Is there any precision data in this regard?

Not really. You can't tell the difference between a bunch of coins sitting in an address that is a paper wallet sitting in someones safe vs coins that were lost when a PC crashed taking the wallet.dat (or whatever file) with it and coins that are sitting in a hot wallet that the owner has not wanted to spend since 2018 since they cashed out a lot then and are just sitting on the rest.

The ones that are moving are also a guess. If I bought 2BTC on the dip last week from an exchange and withdrew them to stick them in a cold wallet for a decade you really have no way of knowing that either.

There are some sites & people who can give you a really good guess / estimate but you can never be sure.

-Dave
2793  Bitcoin / Pools / Re: solo block again? on: May 16, 2022, 03:28:31 PM
It looks like that address just found another block. Could be an unknown pool or some new mining venture or really about a dozen other things.
That in the end is the nice thing about BTC. It's cool to know who, but we don't NEED to know who.

-Dave
2794  Bitcoin / Bitcoin Discussion / Re: Terra Usdt vs BTC price corellation on: May 16, 2022, 01:56:27 PM
There you go assuming they actually had the BTC and other coins to sell.
And if they did have anything to sell they actually put the money into anything other then their pockets.

Terra Usdt which is one of the largest stable coins in the market
USDT is Tether USD, and afaik that one's the largest stablecoin, dwarfing all the rest.
Terra's coin is UST, afaik.

UST was their coin, had an almost irrilevent market share. And most people think it was false anyway.
As for other stable coins, USDC which is the Coinbase and Circle and a few other peoples stable coin is about 30% smaller then USDT but from what I can tell people trust it more. (I don't trust any of them but that's just me)

-Dave
2795  Bitcoin / Development & Technical Discussion / Re: Blockchain in the Cloud on: May 16, 2022, 11:19:44 AM
I have been putting it this way to people who ask. A bit simplified but I think it makes the point:

Miners always control what is going on in terms of what is added and how the blockchain is run.
No miners = no blocks = no blockchain.

Now, without a somewhat good number of nodes out there other issues can happen in terms of broadcasting transactions and other things.
But in the end if the miners do 'X' and everyone else does 'Y' the miners will have a very expensive working blockchain that nobody else uses and the users will have a static blockchain since nobody is mining on it.

Nodes do matter; but in the end they just move data and are very simple to deploy.

-Dave
2796  Other / Archival / Re: solo.ckpool.org NOT open source?My question was deleted for asking about it on: May 16, 2022, 02:12:31 AM
The code does not send money to the address solo.ckpool.org will take 2% of all found blocks.
You can run the software without donating the funds.
If you go to solo.ckpool.org it says right there on the page 2% goes to 1PKN98VN2z5gwSGZvGKS2bj8aADZBkyhkZ

As for stealing hash rate this has been discussed since the beginning of pools. It is trivial for them to do.
You either trust the pool operators or you don't.

-Dave

2797  Other / Archival / Re: Bitcoin domains for sale: dailysatoshi.com .net .org on: May 16, 2022, 01:59:59 AM
I am partial to namesilo.com for all domains.
Free domain privacy and one of the cheaper places to register domains.
Good customer service.
.org are a bit under $11/year

And they take BTC payments.

-Dave
2798  Bitcoin / Bitcoin Discussion / Re: Is it possible to know amount of live full-nodes running? on: May 15, 2022, 10:41:48 PM
You can't really know.
Some nodes as others have said are not reachable.
If i may ask, is it any techniques that can detecte or explain while some nodes are not reachable.. from what i was assuming before now. I taught or with my instincts, was thinking that any running node you come in contact with is accurate, even though it's above ten (10) and all should be accurate... what's the secret behind inaccuracies of five (5) running node?

Not a clue.

More or less at the moment I have
3 nodes in a box as described here:
https://bitcointalk.org/index.php?topic=5364113
2 are on tor one is on a private IP with the ports forwarded back for bitcoin and LN
 
This laptop running on my home cable with the ports forwarded back:
https://bitcointalk.org/index.php?topic=5364742.msg59950468#msg59950468

And a box on the office IP stack with a public IP
And a box at a client site on a public FiOS IP.

All have in & out connections.
NONE are listed on any of the sites that show nodes.

Nothing special has been done to them in terms of configuration and they all can see each other and connect with the addnode command.

Noticed it once before and just checked again today when I saw this thread.

<shrug>
Could also be that since I do play with them a lot the constant going up and down caused the monitoring sites to ignore them. But that's only a guess.

-Dave
2799  Bitcoin / Bitcoin Discussion / Re: Is it possible to know amount of live full-nodes running? on: May 15, 2022, 08:02:40 PM
You can't really know.
Some nodes as others have said are not reachable.
Others are running on TOR
I have 5 nodes but I don't see any of them listed even though I know one is on a public IP and has 5+ connections to it now so even the sites that list the nodes are not 100% accurate.

Figure 16K for sure provable. And more then 10X that number just sitting out there running.

-Dave
2800  Bitcoin / Bitcoin Discussion / Re: What has happened with the mempool? on: May 15, 2022, 06:05:06 PM
...The fact that this project has failed does not mean that there will be no new ones who will use Bitcoin to achieve what they want, so scams will continue to happen - but the problem is not in those behind such projects, but the real problem is those who allow such projects to be available to anyone at all - and I mean trading platforms the most....

Sorry but sometimes you can't fix or help stupid.
Possibly it's a bit of hindsight but reading about the entire luna thing it was obvious it was either a scam or a very very very risky gamble.

You can't force non regulated exchanges / trading platforms to do or not do something. If you do they are no longer non regulated.
And if you do start forcing them more and more will pop up that are running out of peoples basements that are not regulated anyway.

You can't stop it, you can only hope to slow it down.

-Dave
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