It's the same for me right now  Flat rate is 5.5%, Dynamic rate is 5% and I tried entering different amounts of BTC with same result. I think there is a big shortage of monero for a while, but you can search for alternative exchanges on Orangefren and Trocador. I confirm I get the same rates. It must be a shortage, or at least this is my only reasonable explanation. Don't forget that most CEXs don't trade XMR, so XMR flows in the market are limited in general. |
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I have noticed more people are favoring Sparrow wallet here as compared to the Electrum wallet. The reason may be it offers better Advanced features but does the normal end user care about these features?
I guess, generally speaking, people are more aware of the Electrum wallet as compared to the Sparrow wallet. Also, if we survey the users or check the downloads of both wallets (If it is possible), I guess the Electrum wallet may lead in the more popular wallet used by the average Bitcoin users as compared to the Sparrow Wallet.
I am in no way denying some of the good features offered by the Sparrow wallet, but only comparing the popularity of both wallets and Electrum leads here.
I get your point. To be honest I use both. Sparrow connects straight to Bitcoin Core, whereas Electrum requires an Electrum Server. I run a full Bitcoin node and an Electrum Server, so to be honest, both wallets can work for me fine. If I couldn't install an Electrum server then the only option I had would be Sparrow. Because for me, connecting to my own node is the only hard requirement I have. I would never connect to other nodes to use a desktop wallet. Apart from that, I like Sparrow's UI and UX more than Electrum's but this is subjective and it only applies because both the wallets are top notch, so the determining factor is the UI and the UX. If there were security issues with one of them, then I would have stronger arguments  Anyway, both wallets are great, now that I have used them for quite a while. |
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How would you react if Craig Wright died? Not everyone's grave is worth crying over.
Why would I be happy that anyone died? I must be stupid to say that I am happy because someone died. And I wouldn't be happy if CSW died. I would definitely didn't go to a thread were everyone is grieving to cause such a disturbance. And in case you don't realise it, you managed to create chaos in this very grieving moment. At least show some respect, but I don't require it, I seriously think you are a bad person. Oh and finally, Leo is alive! And we are all here to support him. Because no matter who you are, he would never react like you did in a similar occasion. From now on, you are on my ignore list, don't bother answering, I will never see it. |
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Really want to participate on this one but I only have a computer on my work and the laptop in my house is unreliable because it's an archaic Lenovo model. What does running a bitcoin node do? I'm curious about that because I want to explore the old stuff that other people used to do with bitcoin. Does running a node means that you're like a validator for the network?
Bitcoin is a blockchain. The native token of this blockchain is BTC. When you press the "send" button on your wallet, or when you watch your balance and the balance is updated, the wallets must be connected to a "provider" of this information. What do they do? 1. They connect with the rest of the nodes and they exchange block and transaction info to keep the whole network up to date. 2. They keep a local copy of the blockchain so they can't be "scammed" by fake transactions or by people who pretend to own BTC that they don't actually own. 3. They validate the validity of every transaction and every block So why should you run a node? 1. So as you have the copy of the blockchain 2. So as you can use it to communicate with the rest of the network 3. So as you can validate yourself every transaction and be helpful for the network 4. For privacy reasons. You can't broadcast a transaction, or update the balance without using a node. If you use another person's node, then they will know everything about this transaction and the addresses that you use. So, using your own node is an easy way to fix it.
I can't stress enough how important nodes are for Bitcoin. They are the heart of the whole network. Miners too, of course, but nodes are easier to run and yet, not too many people run them. |
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DAY 11:{
"chain": "main",
"blocks": 826231,
"headers": 826231,
"bestblockhash": "000000000000000000028ad26db40fca70b016e20ad9aa54aa2f4b504a66e307",
"difficulty": 73197634206448.34,
"time": 1705561731,
"mediantime": 1705561108,
"verificationprogress": 0.9999938058118594,
"initialblockdownload": false,
"chainwork": "00000000000000000000000000000000000000006606cdb576c87891cc63fb18",
"size_on_disk": 615427939347,
"pruned": false,
"warnings": ""
}
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Of course, @o_e_l_e_o is not the first user to leave the forum for health-related reasons, but his figure is so significant and noticeable that you can’t just take it and let it go, even without a modest special nomination. In my opinion, if the organizers of the competition do not remain indifferent to this sad event, then it will be great.
Thanks for the response. Yes, indeed he is not the first one. I was just "closer" to him than other people. As I said, I have been here for a little time (approx. 1 year) and the way he has guided is incredible. It doesn't feel right not to dedicate him an award. It is a minor move from my part, for the help he has provided me. |
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I'm having a drink to o_e_l_e_o tonight.
My drink is already on my desk. My thoughts are with Leo... |
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Buying merit is not allowed, so there is no chance you get away with it, even if you manage to trade BTC for merit.
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DAY 10:{
"chain": "main",
"blocks": 826158,
"headers": 826158,
"bestblockhash": "00000000000000000002f7b10a29f78f34966bfb43b2c6b9347c42846efeb1e6",
"difficulty": 73197634206448.34,
"time": 1705514690,
"mediantime": 1705511940,
"verificationprogress": 0.9999970872995876,
"initialblockdownload": false,
"chainwork": "000000000000000000000000000000000000000065f3d1d0dcf7103735cbfc57",
"size_on_disk": 615280976685,
"pruned": false,
"warnings": ""
}
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I suggest that this year, we dedicate a special award to o_e_l_e_o. I don't know what award we could invent, but Leo definitely deserves something like that. I leave it up to GazetaBitcoin and icopress who are usually the best at organizing such things. Of course I am glad to help if you need anything. I am a member of this forum for a year (more or less) and I can safely say that Leo is the most valuable member, especially in technical aspects of Bitcoin. What do you guys think about my proposition? |
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This is the first time in my life that I cried for someone I don't even know.
Sorry for being a coward and crying.
Thanks for existing in this part of our lives. You are indeed a treasure for this community. I am sure you are also a treasure for the people that know who you are in real life.
Farewell Leo, farewell...
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It is the most decentralized, but honestly, I prefer Whirlpool over Joinmarket. In the former, you get infinite remixes for free. In the latter, not only don't you get free remixes, but you pay for every maker's input. It has also presented some issues with the fee selection, like this one for instance. Correct. I agree but it has worked perfectly for me this far. I guess you pay these issues to gain in decentralisation. |
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DAY 9:{
"chain": "main",
"blocks": 825995,
"headers": 825995,
"bestblockhash": "0000000000000000000370fba1a063d19e1e4bb02c7904ec7f2558a8b188a30a",
"difficulty": 73197634206448.34,
"time": 1705388494,
"mediantime": 1705387732,
"verificationprogress": 0.999998615175351,
"initialblockdownload": false,
"chainwork": "000000000000000000000000000000000000000065c96e4626d2d30abef6d88c",
"size_on_disk": 614964503644,
"pruned": false,
"warnings": ""
}
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Bitcoin ETF was expected to partially tackle the No. 1 problem by increasing adoption; the more demand, the higher the price increase.
Well, yes, but in theory. I mean it is expected to let people know about bitcoin, but not to increase its value if people buy shares of the ETF. Imagine the ETF provider A, who owns 1,000,000 (1M) bitcoins and they provide 1,000,000,000 (1B) shares to the customers. So we have 1B shares of 0.001 BTC each. Theoretically, they are not allowed to trade the underlying asset of the shares that belong to customers. They are allowed, however to sell Bitcoin that is not sold (in the form of shares to customers), or buy more bitcoin and create more shares. So, the actual trades, that would lead bitcoin's price higher (or lower) depend on them. |
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You are right, there are only BTC to XMR swaps available right now, and I think there are no available providers even for this direction at the moment.
That is why I posted several alternative options to choose, and there are few other wallets with swap feature like Stack wallet.
Unfortunately, we cannot. Not yet, at least. "Due to technical limitations and the way the protocol works it is currently not possible to exchange XMR for BTC. This functionality will likely be enabled by the next hard fork." https://unstoppableswap.net/I wish I was wrong because I really like the app, but anyway. Ok, so I guess it's something they have been working on. Thanks all, I used eXch, pretty straightforward
Good choice. It worked smoothly, didn't it? |
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- unstoppable swap (quick way)
Hi man. I think unstoppable swap is excellent, but I believe it works only the opposite way. I mean you can only swap from BTC to XMR and not the opposite. Are you sure you can buy BTC using XMR? |
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Yes, Blue Wallet has had many coin control options for several years ahead of Electrum. You get a full list of UTXOs and can decide what you want to do with them. Freezing is one option, spending from is a different one (an option that is still missing in Electrum). I think labelling is also a feature you can use on Blue Wallet. I have never had much use for coin control since mobile wallets aren't my preferred software for storing a lot of coins, and when I did use them, I transferred some coins there to be spent quickly when on the go.
apogio, bluewallet supports coin control.
In bluewallet, you can see the full list of UTXOs when making a transaction and select or freeze any of them.
Thanks guys. I think BW must be more feature rich for mobile since BW is dedicated to mobile-only. If you can connect to your own electrum wallet via tor (which I think you can, but when I tried I faced some connectivity issues), then I would say BW and Samourai are better for mobile. But electrum does a lot of improvements on the field. Let's see. Pluralism is good, anyway! |
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Assume that you have UTXOs A and B in the same address.
In the older versions, you couldn't freeze UTXO A without freezing UTXO B.
In the latest version, you can freeze each of UTXOs A and B without freezing the other one.
This is great news and would almost put Android mobile on par with Blue Wallet in my book. This is proper coin control just worded differently. Just for the record, when you say the last version, are you talking about v4.4.6 or the v4.5.0 that came out a few days ago?
This is indeed a great addition. Thank you both for pointing it out. Pmalek, can you do this with BW? I don't use it to be honest, but I would like to know. I used to use it in the past, but I have never noticed. |
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One solution would be to switch to decentralized approaches, such as JoinMarket. After trying literally every service for this purpose (except the wasabi ones), I can safely agree that JoinMarket is my favorite one. I use others too, of course, but JoinMarket is the most decentralised one. AFAIK there's still no user-friendly interface which can rival Wasabi or Samourai wallet.
It comes with a fancy UI: Jam. Here is the installation guide for multiple node implementations: https://jamdocs.org/software/installation/If you think about it from a technical perspective, JoinMarket needs a backend implementation which is here: https://github.com/JoinMarket-Org/joinmarket-clientserver and a UI implementation which is here: https://github.com/joinmarket-webui/jamYes, it's not the easiest approach. Yes, it requires manual work. But it is worth it. |
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