Yes, but if I can't access the network, I don't see how that would help me.
By installing a recent version of the wallet on a different device? Or do you get the same error message on all systems and all versions of the wallet? Like i said: i'm not a bitcoin.com wallet user (never have been either), but i can imagine that they started rejecting connections from legacy wallets for some reason, or maybe that your current device has a network issue... By installing a new version of the wallet on a different device (maybe even on a different network), at least you can rule this out. This is, offcourse, under the assumption the seed phrase from your (old) version is compatible with the new version of the wallet... It would be bad design on bitcoin.com's part if it wasn't... |
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I'm not a bitcoin.com wallet user, but aren't they an SPV wallet (do you have a 12 word seed phrase to recover your wallet?)
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Sounds a lot like you're describing cloudmining... 99,9% of those companys are scams.
The ones that aren't are selling you 100% of their risk for a (very small, potential) part of the profit. Not a good deal...
But since you say they are offering 100% revenue, i'll go out on a limb and say the odds of it being a scam are 99,999999% instead of 99,9%
As for your second question: nobody can upload images... You can use a service like imgur to upload the image you want to share, then hotlink it (if the service you're using allows hotlinking).
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bitcoin.org has a wizard that helps you chose your wallet: https://bitcoin.org/en/choose-your-walletIt seems like there is some confusion about the basic concepts... I'll try to give a very simplified explanation about what is happening between seed/mpk/pk/address/derivation path/... mind you, this explanation is simplified. Most recent wallets are either custodial (meaning: don't use those) or non-custodial. A custodial wallet usually doesn't let you access your private key(s), you're not in controll of your funds, so i'd advice against using those. A non custodial wallet is usually a HD wallet nowadays. Usually, they generate a seed phrase you can write down on a piece of paper in order to restore your wallet afterwards. The seed phrase goes trough an algorithm to create a master private key. Following a derivation path, private keys get derived from this master private key. Usually, a public key gets derived from the private key, this public key gets hashed and the hash is actually the address. Over the years, we moved from "default" wallet type. In the very beginning, we used pay to public key wallets. Then we switched to pay to public key hash "legacy" wallets, then to pay to Pay-to-Witness-Public-Key-Hash segwit wallets, and in the future even pay to taproot. The thing is: the last 3 types of wallet (legacy, segwit and taproot) can be derived from the same master public key. That's why the same seed phrase shows wallets whose addresses begin with 1 (legacy), bc1q (segwit) and maybe even bc1p (taproot) so, now, let's dig in to your OP: For example, a wallet like Exodus allows you to save private keys of your wallets, but it also allows for saving seeds.
Let's say I save the private seed of my Exodus wallet, how can I be sure that in 20 years from now, Exodus wallet will still be a working product, that I can download from a new computer perhaps and import my seed into? This never made sense to me, I'm depending on the creator of the software it seems to me.
I'm not an exodus user, but if you read the above explanation, you could note that if you write down the seed phrase and use a wallet that supports the same "type" of seed (for example, a bip39 seed), the "other" wallet should handle the seed phrase in the same way, so it would generate the same master private key, and if you use the same derivation path, it should create the same private keys and addresses. The private key of my Bitcoin wallet is different ofcourse, but I do wonder, will this private key allow me to import the address into other wallet softwares? Or do I have to import it on Exodus?
If you have the actual derived private key, you should be able to import it in many different wallets... not all tough, they have to allow you to import single private keys, and some wallets only allow you to restore a wallet from seed One thing that also slightly confused me was the fact that when I request my private key from the Exodus wallet, it shows me multiple private keys and public wallets. Two public wallets starting with 'bc1q', and one wallet starting with '157okQ'. Which one would I have to save? When I make a request to receive funds in the wallet it shows my deposit address as one of the bc1q addresses. Will this be the address of which the associated private key is practically my money?
i actually went into this topic on the top of this very post |
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I decided to not get influenced by other reviews, so i decided to focus on the initial post only, and not read other reviews before starting mine. Some background info: i'm used to running the previous wasabi version (i had Wasabi-1.1.13 installed before reviewing). I'm reviewing this from an ubuntu vps. I'll write this review from a user's perspective, notting down my notes whilst i go along the proces of downloading, creating a wallet, funding said wallet, coinjoining and spending my funds. The downloading was quite painless, the links provided were correct, i did had to look for zkSNACKs pubkey for a couple of minutes tough => https://raw.githubusercontent.com/zkSNACKs/WalletWasabi/master/PGP.txt <= And, the complete "workflow" on debian/ubuntu would be: wget https://github.com/zkSNACKs/WalletWasabi/releases/download/v2.0.1.0/Wasabi-2.0.1.deb
wget https://github.com/zkSNACKs/WalletWasabi/releases/download/v2.0.1.0/Wasabi-2.0.1.deb.asc
wget https://raw.githubusercontent.com/zkSNACKs/WalletWasabi/master/PGP.txt
gpg --import PGP.txt
gpg --verify Wasabi-2.0.1.deb.asc Wasabi-2.0.1.deb
if you're greeted with the following text, everything was ok:  Now, the actual installation, you can omit "sudo" if you're doing this as root: sudo dpkg -i Wasabi-2.0.1.deb
and then, you can start Wasabi by executing "wassabee" from a terminal. When starting Wasabi, 2 things pop to mind: - Wow, the gui looks much sleeker than v1
- Can't i skip this intro?
Since i decided to create a new user in order to test out Wasabi, my "old" wallets aren't found, and i'm greeted with a prompt to create a new one:  This is nice, it points new users directly in the correct destination without forcing them to start "digging". The "new wallet" wizard is uneventfull... Which is good for a wallet, we're not gunning for "suprises" when creating a wallet that will be funded! Not being able to copy/paste the recovery words is something worthy of a discussion... On the one side, not being able to copy/paste might increase the odds of me writing down the seed on a piece of paper instead of digitally... But it also increases the odds of me not saving them at all, or on an insecure location. As a veteran of bitcointalk, i'd say the step where you confirm your recovery seed should probably not have a "skip" button, and maybe it would be a good idear to ask all 12 words... You wouldn't believe how many times people want to recover their wallet, but failed to write down their seed! In the next wizard, the one where you chose your coinjoin strategy, there are a couple things i don't like: - I don't like the word "automatic". At this point, i haven't tested the actual Wasabi wallet yet, but this word gives me the feeling i'll lose controll... It gives me the feeling Wasabi will just start coinjoins without my consent...
- I don't see enough technical background.... Maybe a link to a page explaining, in detail, what these 3 choices mean exactly... On a technical level: what are the parameters of the "cheapest parts of the week", how does the algo for "maximize speed" work,...
 The "agree to terms and conditions" screen is new... It's triggered at a bit of an odd point in time tough, when i first open a new wallet... Maybe it should have been triggered when i first started Wasabi instead? Before the welcome wizard i mean... The interface looks clean, and it's easy to find what i need to find... Firstly, i'm going to fund my wallet by clicking on the "receive" button. A 2 step wizard where i fist have to add a label is ok... Can i skip the labeling proces if i want to?  When transferring some tBTC from my mobile wallet (yeah, i have a tBTC wallet on my cellphone... I don't keep actual funds on it tough) i noticed my qr code scanner scanned the qr code in all uppercase characters... Strange, maybe something wrong on my end, but defenately not a problem. after funding, whe wallet gui looked sleek... I did quite like the old gui as i felt it gave me a "boring" list of unspent outputs with a label wether these unspent outputs where pre or post coinjoin. I like boring lists and clear labels... But i guess this layout will grow on me aswell... I'd still like to be able to see the unspent output being labeled as "pre coinjoin" tough... [hindsight: there were labels attached to my transactions, it's just that in v1, they were coloured and in v2 they're just plain grey, so they weren't obvious to me]  The auto start coinjoin by default still bugged me... I like to be in controll... By hovering over the coinjoin menu, it became clear to me there had to be a setting where i could turn this feature off, but i really don't like features like this being turned on by default... I get why the author is doing this, but i like to be in total control when it comes to my funds...  Whilst waiting for my transaction to get confirmed, i started looking at the settings, trying to turn off auto coinjoin... To my supprise, i could not find it in the settings menus (where i expected them)  . Turns out i have to open the wallet settings instead, but this wasn't clear to me from the start!  Since i'm doing my review on the testnet, i tough i would try the "default" settings and let Wasabi do what it would normally do (auto coinjoin). Let's see what happens next  It seems, because i'm on the testnet, i'll have to wait a while untill other participants join... I'll put this review on pause and wait it out... I'll continue once other participants have joined the coinjoin!  Okay, the first coinjoin is now done... My privacy progress is now 1%, and it looks like i'm queued for another coinjoin round...  At this moment, the coinjoin sessions were already running for a couple of hours... i tried using my seedwords to restore the wallet into electrum to have a look at my unspent outputs, but i must have messed up since the checksum isn't valid. So, because i messed up my seedwords, i decided to create a brand new wallet and try again... I tried to move my funds from the old wallet to the new one, and to my supprise i couldn't find a "send all" button... Maybe something that should be implemented? Next item on the list: i now have 3 (testnet) wallets, 2 of whom i no longer have the seed for... They are empty, but cannot be restored (no seed), as a unix guy, i know i can probably just look for a hidden folder in my home, find those 2 "bad" wallets, delete them and maybe also delete them from the config file... But as a newbie, i would be unable to remove those 2 wallets since i cannot find a "delete wallet" button... I know, i know, satoshi told us to never delete a wallet, but i want to unclutter and remove the wallets i cannot restore in an easy way. Next item on the list: when moving my funds from the wallet i had lost access to (the one with 3% privacy) to the wallet i had just created i saw the following: to move ~0.29 tTBTC i used a whopping 46 unspent outputs. The coinjoin functionality had split up my 0.3 tbtc is 46 unspent outputs and it was only 3% ready... I saw a lot of unspent outputs in the 6000 to 8000 sat range... I hope this isn't the same on the main net? I would be pissed if i funded Wasabi with 1 BTC and it automatically split my funds up in 10.000 unspent outputs Update: I've come to the conclusion that one of the two following statements is true: - Coinjoining does not behave the same way on the main net as it does on the testnet, which is a bug since we NEED to be able to test features on the testnet and the behaviour should be the same on both main and testnet in order for our tests to be conclusive
- Coinjoining IS behaving the same on the main and the testnet and it is bugged
Why do i come to this conclusion? Well, my test setup is as follows:
yesterdaymorning @7:59 i funded a plain vanilla Wasabi wallet with 0.1005 tBTC. I did NOT change ANY setttings, and chose for the "maximize speed" mixing strategy.
I've been looking at the progress during the last 24 hours (not constantly offcourse, i did other things, like sleeping) and i've seen Wasabi using my tBTC for coinjoining again, and again, and again, and again,...
During those 24 hours, i've seen the "privacy progress" going from 0% all the way up to allmost 70%, just to drop down again to 7%, to climb up again to >20%,... you get the idear. After 24 hours, we're now back @11%.
For some strange reason, somebody deposited 0.0001 tBTC to my address after the coinjoining had been running for 15 hours straight. I have no idear where these funds came from, they just appeared...
Anyways... During those 24 hours, the coinjoin process has taken (1-(0.1005/0.09530677))*100 =~ 5,5% in (transaction)fees. What if i had deposited 10 BTC with a market value of ~200.000 USD, at this point 10.000 USD would have gone up in smoke (probably a lot more, since on the main net the tx fees will be higher).
What i'm left with after 24 hours are 92!!!! unspent outputs (i had to import the seed into electrum in order to count, i have no idear where Wasabi v2 shows a list of unspent outputs)
In 24 hours, my funds "hopped" between 1641 change addresses (not including 3 deposit addresses)
The first funded change address is derived @m/1/966, all the previous ones are empty. Then, the density of funded change addresses increases towards m/1/1641
In electrum, i can see more than 300 transactions have been made...
So, in conclusion, i sent 0.1005 tBTC, lost > 5% in fees and ended up with allmost 100 (sometimes near dust) unspent outputs after waiting for 24 hours. And Wasabi is telling me it's only 11% done with making my funds private... If that is the intended process, i'm not happy with it...
anyways, my conclusions are as follows: - pro: very privacy-centric
- pro: easy to find the binary, signature checks out, easy to install, easy to execute the binary
- pro: sleek gui
- pro: newbie oriented, easy to use as a wallet, as long as you're not interested in the nitty gritty details or want to change custom settings
- pro: because it's newbie friendly, i'm pretty sure it'll do wonders for the privacy of the non-technical user
- feature request: imho you really need to verify ALL 12 seedswords and remove the "skip" link in the seed verify page
- feature request: i really like to see a list of all unspent outputs, and a clear coloured indication wether they're pre or post coinjoin
- feature request: provide an easy way of deleting a wallet (giving ample warning messages)
- feature request: provide a send-all functionality
- con: either coinjoin is bugged or there is a discrepancy between test and main net (which is also a bug imho)
- con: imho, the auto-coinjoin should be turned OFF instead of ON by default
- con: i want more control over the coinjoin functionality, or at least more information: what will be the value of my unspent outputs, how many unspent outputs will be generated?
- con: maybe it's because i'm on the testnet, but it seems like the unspent outputs created by the coinjoin process are really small... Maybe it's because i'm looking in the wrong place, or maybe it's because i'm on the testnet...
- con: maybe it's because i funded my wallet with 0.3 tBTC, but the auto coinjoin is taking hours to complete the complete coinjoin iteration... And i literally mean hours... Maybe it's because i'm on the testnet and there are only a limited number of participants, or maybe it's because the value of the unspent outputs on the testnet are really small... IDK
On a personal note: i like the layout, but you shouldn't fix what isn't broken: the manual coinjoin in Wasabi V1 put the control in my hands. It worked fine. The pictograms next to the unspent outputs (and the list of unspent outputs to chose from) was working perfectly for me... I do get that if the kinks have been worked out of this version, it's very newbie friendly and it's great for privacy in general. I just don't like the lack of control... |
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Bitcoin with a circulating supply of 21 million Bitcoin, with a highly decentralized network that has high privacy that made it impossible for third-party involvement, this made it hard for lost coins to be used in the future according to so many Bitcoin supporters they consider lost Bitcoin as a donation to the rest of other holders because of market value but in the real sense, those Bitcoin become unused and lost forever. If this continues Bitcoin will soon become out of reach to the unbanked who are part of the satoshi's original idea included in the Bitcoin whitepaper, we have billions bits in Bitcoin but how many bits are active or inactive this need, brought me to this conclusion that lost Bitcoin shouldn't be lost forever but rather reused since Bitcoin limited 21 million circulating supply Bitcoin is not enough and have become scarce resources/currency that is reflected in the current price. I like to see the opinion other forum members on this thought.
You really need to put some periods in between your sentences. I had to re-read this block many times before i got the actual question. Personally, i'm very hard against what you're proposing (recycling unspent outputs that have not been used for a long time...) for multiple reasons: - Who is going to tell us if that unspent output is really "lost" or is merely controlled by a real hodler? I have unspent outputs that are several years old, will you be robbing me by voiding those unspent outputs? I can tell you, with great certainty, that i would swap chains and move every single satoshi i own to an altcoin that wasn't thinking about these shenanigans if there was ever a real discussion about voiding old transactions and said discussion would ever start translating in actual BIP's (and it was plausible they would be implemented)
- On a technical level, how would you solve "voiding" old unspent outputs? You *could* add them to the block reward of the next block, but that would mean a miner would not only be able to add the block reward and the sum of the fees to the coinbase transaction, but also a value of unspent outputs that were generated by a transaction that was included in a block with a height (current height - x?). Seems pretty arbitrary to me...
In reality, bitcoin will never be out of reach for the common man (or it doesn't HAVE to be out of reach)... Even if ALL private keys get lost except just one private key whose address was funded with just one bitcoin, it could still be enough for everybody... At the moment, bitcoin's smallest on chain denomination is 0.0000001 BTC (one satoshi), but (for example) the LN uses millisat as it's smallest denomination. If there was only 1 bitcoin left, we could all start using nanoSat as smallest denomination... or picoSat of femtoSat, or... |
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I have a hard time wrapping my head around this question... There are no tags or rfid data, localisation data or even ip's inside transactions or something, nothing like that gets included into the blockchain...
IF you'd tag your physical hardware wallet (or cold storage device) and it would get nicked, you'd probably be able to localize it, but that's about it... at least afaik
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username: mocacinno
BTC Address: bc1qsm4fxfrhs0f48ze2cypeq5a8swlrtgg3w06uvr
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@NotATether : i agree with DaveF but also wanted to add that if you want to setup something like btcpayserver manually (which i did), it's also quite a bit of configuration and it'll also take a while before you get things running smoothly... I guess setting up a merchant system is always a bit complex, it's usually not for an enduser  I know you can run btcpayserver inside a container (witch btcpayserver authors actually recommend), but i don't like to run financial services without knowing exactly how they work, and exactly how they were set up Also, i just wanted to add my own nginx snipplet on how i setup nginx as a reverse proxy for my private electrum server root@node:~# cat /etc/nginx/nginx.conf
load_module /usr/lib/nginx/modules/ngx_stream_module.so;
user www-data;
worker_processes auto;
pid /run/nginx.pid;
error_log /var/log/nginx/electrum_error.log;
events {
worker_connections 1024;
}
stream {
upstream electrs {
server 127.0.0.1:50001;
}
log_format upstream_time '[$time_local] [$connection] $remote_addr:$remote_port => $server_addr:$server_port bytes in/out $bytes_received/$bytes_sent [$status]';
server {
access_log /var/log/nginx/electrum_access.log upstream_time;
listen 50002 ssl;
proxy_pass electrs;
ssl_certificate /etc/letsencrypt/live/electrum.mocacinno.com/fullchain.pem;
ssl_certificate_key /etc/letsencrypt/live/electrum.mocacinno.com/privkey.pem;
ssl_session_cache shared:SSL:1m;
ssl_session_timeout 4h;
ssl_protocols TLSv1 TLSv1.1 TLSv1.2 TLSv1.3;
ssl_prefer_server_ciphers on;
include blockips.conf;
}
}root@node:~#
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I have just checked the site review on Trustpilot, just only 2 reviews: https://www.trustpilot.com/review/xspeedfx.comThat means people are not using that site, it also means it is a scam site. Better not to use the site again. You can do this, if it is crypto like bitcoin you are dealing with, check the txid given you for the withdrawal, check your transaction on blockchain explorer like https://blockchair.com to be certain that it is a valid transaction, then check if your receiving address is correct. But, with what I have checked about this site, I will conclude it to be a scam site. I came to the same conclusion... I've looked at the url you (OP) posted, the site itself is only 5 months old, the whois info is hidden, trustpilot has only 2 reviews (from accounts that made 1 review in total, i suspect them being fake reviews). Other than that, the site itself looks suspicious to me... Can't really put my finger on it, but my gut feeling isn't good about it. The bottom line, however, is that bitcoin is irreversible, trustless, immutable and transactions are allmost instant (eventough it might take a while untill they are confirmed, you should see an unconfirmed transaction mere seconds after it was broadcasted.... An unconfirmed transaction shouldn't be trusted tough!!!) What i'm trying to say: only the sender can send you the funds they owe you, and if they come up with lame excuses like "we sent the funds, it's just not visible yet" (or something like that): i'm 99,9% certain they're lying. |
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I've never heared about xspeed, but when i google for "xspeed bitcoin scam" i do get several hits.
What was the exact url? Maybe put some extra spaces in the url so google doesn't pick them up and gives them credit for the link...
I'd like to give you some general advice, but at the moment it's all hindsight: when it comes to bitcoin, stick to extremely trusted services, research beforehand and ask questions beforehand (to us). And don't use an online wallet to store your funds either...
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 since 2015... and you just started recently as you say. Where are all the positive reviews located? Especially since nobody knows your website. Are you using Jambler API? Because it looks like a white-label Good luck with your service still. It's not listed on https://[banned mixer]/mix-coins.php, so i guess he's either brand new, or he's not using jambler? That being said, i'm not a big fan of jambler anyways, so using their api wouldn't automatically make this one trusted. |
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I haven't used Electrum in a while. When I open my wallet again found the message watching-only I can fix the wallet Is mine back working? Thanks.  Are you 100% sure you opened the correct wallet? Do you still have the original seed phrase? It might be easyest if you just restored the wallet from the seed phrase... But converting a watch-only wallet to a "normal" wallet is not possible, a watch only wallet only contains addresses (or master public keys from witch addresses get derived), since a watch only wallet does not contain private keys (or master private keys), it can never be converted to a "normal" wallet |
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--snip--
If you want solutions, there are solutions. The forum could put a signature ban until people earn 10 merits and in those cases that you are saying, those who returned to the forum would be able to earn 10 merits in no time. They would have their merits and rank intact and their clickable signature right away.
--snip--
But you're still giving them a sig ban right now, right? I was thinking about an IRL example, and i found one pretty fast... This means, for example, cdecker (who is doing very valuable work for the bitcoin lightning network. He used to be active on bitcointalk, but hasn't logged in since 2018, but he still remains very active in the community... Just not on bitcointalk) would see his signature removed, eventough it contains a link that he might still want to show. If he didn't log in, his signature would be lost forever, and if he did log in, he would have to jump trough the hoops to make at least a couple of posts just to gain some merit to see a privilege he has earned restored. Don't get me wrong, i'm not disagreeing with you completely... I'm just trying to make a point that it isn't black and white... If you make rash decissions, there will be victims. If you use any kind of algorithm, inclusions, exclusions,... it'll be costly (either in dev time, or in moderation time) and there will still be loopholes and victims... It's not something you should do without considering every angle... And the most probably outcome i predict is Theymos telling us everything will stay exactly the same (but that's just my gut feeling). |
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In this case, i do get your point... But what if somebody that used to be very active and a real asset of the forum took a leave of absence just before the merit system was introduced and wanted to come back right now? Wouldn't he/she be entitled to the same perks as the rest of us instead of being stripped from his/her merits just because he/she didn't log in for 5 years? There are plenty of cases of really helpfull people that just went away, but they used to be super helpfull. I'd still like those old accounts to be able to wear a sig, even if they haven't posted for years... And if they come back, they should still have their merits, their signature, their rank,...
But i do get your point that it's frustrating to see people that have never earned a single merit spamming just because they have been a member for so long that they didn't have to work for their merits... I'd personally just hope that such a person gets banned or receives red trust sooner or later, that way their spamming days should be over...
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That may be a bit much for someone who comes here to ask which wallet to use. After trying several wallets, I came to the conclusion that manual channel opening is less convenient than "automatic" wallets. And that's coming from someone who prefers manual coin control for all on-chain transactions.
Note that this only applies to small amounts. I wouldn't risk anything substantial this way. The amounts are so small, I even use phone wallets without password for convenience.
Agreed, and that's why my initial post in this thread pointed at electrum, "wallet of satoshi" and "bluewallet" and stated that c-lightning requires a full node to run I was merely trying to relay the message that i don't use electrum's lightning functionality, nor "wallet of satoshi" or "bluewallet" myself '(since i use c-lightning, which requires a full node), so i was basically pointing the OP to 3 wallets i had heared about, but clearly stating that i have never used them before (for their lightning functionality) as i use a wallet that's harder to operate... But sometimes in a discussion we lose track of the original question and start having more off-topic discussions (for example, whether or not c-lightning is newbie friendly... which it isn't, or wether or not c-lightning can actually be called a wallet... which it can if you use RTL on top of c-lightning... I hardly ever use RTL to open channels, create invoices or pay... I fire up RTL because it gives a nicer overview of my node's channels and funding, but that's about it... everything else goes via the cli ). |
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1) i run c-lightning, which requires a full node... But i hear a lot of people using electrum, or even a phone wallet like "wallet of satoshi" or "bluewallet" since we're talking about very small amounts (don't keep large amounts on a phone wallet!!!!)
I consider c-lightning more as a LN node than a wallet, as it has no GUI interface that makes it easy to open the wallet and send an invoice. It's way too easy to mess up with RPC commands. True, but on the other hand, they released RTL just for this purpose: being a wallet gui on top of c-lightning |
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Hello all,
I have been following Bitcoin prices for some time, and now I'm doubtful if it is a good time to start accepting it as it has changed so much in the past months. Those who accept Bitcoin - is it worth it? And do you accept Bitcoin straight to your wallet, or do you use third-party services?
Thanks in advance!
I guess it's never a bad time to start accepting bitcoin. I have setup a store that accepts bitcoin for somebody i know IRL and i help her quite often with the technical aspects. If you have faith that bitcoin will sooner or later go to the moon, you can keep the btc... If you don't like the price fluctuations, you can sell it for FIAT after receiving it (or use a payment processor that takes care of this for you). The site i set up uses btcpayserver, and i know my friend keeps the btc she makes... But again, that's completely up to you... |
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