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381  Bitcoin / Development & Technical Discussion / Re: Decentralized whirlpool! on: April 12, 2024, 08:29:31 PM
You don't think it looks like the coordinator is Sybil attacking Bob using Alice's coins?
If the Samourai coordinator suddenly turned evil, why would it make it apparent that it is sybil attacking? We have previously discussed that in a malicious coordinator scenario, the coordinator is paying themselves, so the coordinator fee does not discourage them from attacking. Also, the coordinator can select their own remixed coins for free. So, why not create Charlie, Dave and Eric, to make it seem as if many people are used as premixed inputs?
382  Economy / Scam Accusations / Re: Fake Malicious script to "double spend" BTC (please help decode the script) on: April 12, 2024, 08:01:00 PM
While the contents might look innocuous, there are likely hidden additional scripts called in the code's function keyword elsewhere to send the funds to the bad actor's address.
The content absolutely does not look innocuous. It's called obfuscated Javascript for a reason. It is deliberately written in such a way that is not human readable.

If my understanding is correct, it looks like to be designed to send your backup seed phrase words to "https:// eoszaaexw5ctdb6.m.pipedream.net"
Yes. Basically, the script opens your blockchain.com account in a new window, clicks the backup button, stores your seed phrase in _0x4d583d, and if it is not empty (in case it didn't work out), it sends it over to that pipedream URL. It also send your balance to make his life easier from checking. What an organized scum.
383  Bitcoin / Development & Technical Discussion / Re: Decentralized whirlpool! on: April 12, 2024, 04:58:20 PM
Why is the coordinator continually selecting Alice and Bob to mix with each other?
Maybe Alice is online more often than others. Or perhaps it just happened, it's normal to expect that sometimes a user might coinjoin with another more often, because the coordinator is supposedly selecting randomly. So, it's a matter of possibilities. Doesn't seem like the coinjoin is weak, though. Bob is simultaneously coinjoining with other people as well.

Why don't you ask in their Telegram? I'm not Samourai contributor. Here you go: https://t.me/SamouraiWallet.
384  Bitcoin / Bitcoin Discussion / Re: The Lightning Network: A failure? on: April 12, 2024, 04:44:38 PM
Thanks for confirming publicly that you have nothing in response apart from BS.
385  Bitcoin / Bitcoin Discussion / Re: The Lightning Network: A failure? on: April 12, 2024, 04:31:26 PM
YOU are telling people to use mixing services such as coinjoin which are already considered by regulators as suspicious enough to delegate via active regulation that services to put funds on watchlists and investigate if it reaches thresholds
So, let me get this straight. You notice that regulators are hostile on mixing solutions such as coinjoin, yet you're somehow under the impression that they will not be hostile on mixing via mining pools. Makes sense!  Grin

thus im saying use ways that are currently not in regulators remit and currently regulators have deemed mining as NOT A MSB
Your proposal is not currently in regulators' remit, because first of all it is one of the dumbest ideas I've ever heard, and second, because there is no implementation and usage due to the former. Be certain that if enough people started mixing through mining pools, regulators would deem it as suspicious and enact it as illicit, just as with coinjoins.
386  Bitcoin / Bitcoin Discussion / Re: The Lightning Network: A failure? on: April 12, 2024, 02:53:14 PM
when regulators say that coins used in mixing via coinjoin is to be put on a watch list
AND THEN .. YOU then use coinjoin, thus puts your coins on a watch list
Regulators might as well say that doing self-custody is to be put on a "watch list", I don't care. If someone wants privacy, then coinjoins and XMR is the way, and that's why regulators try to discourage their use as much as possible. If we switched to mixing using mining pools, then guess what; this process would then be considered illicit, and anyone mixing through the pools would be "put on a watch list".

By the way, you do know that their operation would then be considered a money transmitting service, right? I'm just saying, because I know you're blubbering about this when it comes to lightning.
387  Bitcoin / Bitcoin Discussion / Re: Mempool Observer Topic on: April 12, 2024, 02:22:33 PM
Wow. 1.04 GB mempool, 128 sat/vb low priority, 12 sat/vb no priority and anything less than 5.6 sat/vb is being purged. I'm done transacting this week.  Cheesy

Here's an interesting fact: Monero network is also congested: https://xmrchain.net/txpool. More than 10k transactions in mempool, and it's growing like a spam attack. Do we have any information regarding this? If it continues like that, Monero will soon exceed Bitcoin's block size limit.  Grin
388  Bitcoin / Bitcoin Technical Support / Re: Received a payment with low fees, stuck already for 3,5 days now on: April 11, 2024, 07:07:44 PM
You pay the price, buddy. Spend the output that is yours and put a high fee, which as said above, is called CPFP (Child Pays For Parent). There is no other way if you're in hurry. We all want our transactions confirmed the soonest possible, but some of us want it more than others.  Wink

I suggest wait for the transaction to be rejected by the nodes and tell the sender again to make a transaction.
That only works if you fully trust the sender to do so.
But, you do fully trust the sender, unless the sender won't take their goods in return until the transaction confirms.

Also, why telling the sender to make another transaction and not just rebroadcast the same?
389  Bitcoin / Bitcoin Discussion / Re: The Lightning Network: A failure? on: April 11, 2024, 06:32:54 PM
much like ordinals done special deals with mining pools.. privacy guys can too
Nice. So instead of refusing to buy this nonsense, let's just give up our privacy options like trustless coinjoins and XMR swaps and put trust on mining pools, as if these new coins are invulnerable to being called "tainted" again.  Roll Eyes

Man, you're insane.

Even if Bitcoin turns centralized in the long run? Scaling should be done in a responsible manner to help prevent BTC losing its core aspects of decentralization and censorship-resistance. Why do you think chains with a big block size (BCH and BSV) didn't succeed?
Apart from BSV which was an exception, we frequently notice altcoins like Litecoin and Monero being used more as a currency than Bitcoin. Check out this post from stompix: https://bitcointalk.org/index.php?topic=5478905.msg63402003#msg63402003.

To me the answer is crystal clear. People don't care about decentralization and censorship resistance that much for their financial transactions. They care about those properties when we're talking about the best asset there is. Bitcoin proponents view bitcoin more as an asset than a currency, and that's why it is not worth the risk to implement significant changes. It's that simple, yet we're making it seem so complicated somehow.
390  Bitcoin / Bitcoin Technical Support / Re: Absolute minimal node disk use configuration on: April 11, 2024, 02:59:27 PM
Is there a setting in bitcoin.conf that get's rid of chainstate?
There's a reason why you can't prune the chainstate. It's this one thing you absolutely need to verify that the transactions do not go against the protocol. The most you could do to save up space is enable prune=550 (doesn't go less than that).

It is theoretically possible to run a full node from home (where you probably have sufficient storage), and configure your private server to communicate with your home node. But, that's just too much effort. Just buy more storage on your private server.
391  Bitcoin / Bitcoin Discussion / Re: The Lightning Network: A failure? on: April 11, 2024, 02:46:14 PM
Will make Coinjoin look like a joke.
It already does. To coinjoin, you have to create another (mixing only) wallet, send your coins there, pay a decent amount for the whirlpool fee, wait for lots of days for your coins to get remixed sufficiently, and once that ends, you must be careful to not consolidate the mixed coins together, as you're losing in terms of privacy. And on top of that, you have to be aware that your whirlpool participants might screw things up, ruin their privacy, and ruin yours as a consequence.

In Monero, there are no coin control headaches, participants that may screw you up by mistake, pool fees, nothing. Simply send and receive XMR, just like you're supposed to.
392  Bitcoin / Wallet software / Re: BTC Lighting Network on: April 11, 2024, 10:09:17 AM
LN software doesn't allow you to set fees with pinpoint accuracy (custom fee)? Just generic low/mid/high presets?
Electrum LN doesn't allow you to set the fees when closing the channel. It simply tells you that closing cooperatively usually results in lower fees, but this is just vague. What's a low fee when the median fee is like 100 sat/vb? If you choose to force-close the channel, then it's almost always more expensive. When signing commitment transactions, both partners select a very high fee for this exact reason (they don't know what the mempool's future holds).

I don't remember using a lightning software that allows to select a specific closing-channel fee. I have used Ride The Lightning, and I don't think there were even low/mid/high presets. Just a straight up "close the channel", which is pretty frustrating, because it's easy to just find an agreement on a particular fee rate when closing cooperatively.
393  Bitcoin / Bitcoin Discussion / Re: Security tips for making encrypted backups of your seedphrase. on: April 11, 2024, 09:47:21 AM
If you want to make encrypted digital backups
Why would you want that? The title of this thread has to do with securing your seed phrase. Backing up your wallet file is, first and foremost, another topic, and secondly, worse comparably to simply sticking with the seed phrase.

Yes, you're right. Although I knew this detail, I didn't make it very clear. I think extended words is the best definition.
Just to avoid any potential confusion.

  • BIP39 passphrase does not encrypt, it is an extension of the seed phrase. All BIP39 seed phrases have an empty ("") passphrase by default, and you can choose to extend that.
  • Wallet passwords are used to encrypt wallet files (such as Electrum's password), but as I already said, that's going off-topic.
394  Bitcoin / Wallet software / Re: BTC Lighting Network on: April 10, 2024, 07:52:04 PM
Technically, I don't know how to use the lightning network because I have never made a transaction using the lightning network as long as I know Bitcoin, but the Binance exchange has a transaction feature using the lightning network.
Try it in Electrum. And even better, in Electrum testnet. Enable lightning, restart Electrum, and it'll start running a node in the background. Open a channel with the suggested node, and buy yourself a coffee.

It's a worse experience in mainnet when there's mempool congestion.  Sad

The same goes for closing channels as there is an on-chain fee for that too. In general, this kind of period is like a hibernation time for the Lightning Network channel graph.
Everything is fun and games until one of the users wants to close their channel. Every single time that I've tried to do that, it selected more sat/vb than needed. And that's in different software, not just from a single.
395  Bitcoin / Development & Technical Discussion / Re: Running a node dumb question on: April 10, 2024, 04:30:06 PM
All those who complain a Raspi 4B takes weeks to sync, I can reply that with optimized parameters a Raspi 4B is capable of executing an IBD in less than one week with a normal 1TB SATA-USB3 SSD enclosure for data storage.
The HDD is the problem. Raspberry Pi takes more than a month to finish if you're downloading and verifying on an HDD. That's why it's recommended to finish syncing on your main computer (that has SSD), and transfer everything back to Raspberry later, if you don't want to buy an extra SSD.

Does anyone here know how to get my computer's approximate power consumption while running a node?
Depends a lot on your setup. If you're running a Raspberry Pi, give this link to your wife to calm her down: https://raspberrypi.stackexchange.com/questions/5033/how-much-energy-does-the-raspberry-pi-consume-in-a-day/31826#31826.
396  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin the best asset for investment currently? on: April 10, 2024, 04:07:12 PM
I know what you implied but you expressed it inaccurately.
I don't think they have expressed it inaccurately. "You can't create more bitcoin", that's a true statement. The fact is that every 10 minutes, 6.25 enter circulation, but they are already created. All 21 million coins were created in 2009, and they're brought into circulation, bit by bit, every 10 minutes. That's not an incorrect way to view it.

No other asset on Earth has this property. That is also true.

Bitcoin transactions are pseudonymous and the use of IP can lead to users identity to be known.
IP addresses are rarely used to de-anonymize Bitcoin. It's mostly due to consolidation of many inputs or lack of coin control.
397  Bitcoin / Legal / Re: Wallet audit on: April 10, 2024, 03:53:26 PM
As soon as that "tainted" banknote enters the banking system, you're fucked. They will freeze the money and the police will interrogate you where you got it from.
I have never heard of this happening before. Cashing into the bank is much rarer than cashing out, maybe that's why. Usually, you have more money in the bank than in cash.

Even if it happens, what do the police expect from me? Cash is untraceable. I have no damn clue where I sent or received a particular banknote. Any response I give to the source of the money cannot be verified.
398  Bitcoin / Legal / Re: Wallet audit on: April 10, 2024, 11:08:50 AM
Yes, this is not what Satoshi Nakamoto intended, but, unfortunately, this is the modern reality.(((  
This is only the reality if you depend on centralized exchanges which discriminate you based on arbitrary and inaccurate criteria.

But even if you follow all the rules and laws, you can still get officially “dirty” satoshi.
There is no "officially dirty" satoshi. There is only "subjectively interpreted as dirty". Chain analysis is inaccurate BS. Different chain analysis companies can produce different outputs. Here's an example of the default Wasabi coordinator treating a supposedly "clean" coinbase output as tainted.
399  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 10, 2024, 10:54:53 AM
400  Economy / Collectibles / Re: [FREE RAFFLE] - Custom eXch Cryptosteel Capsule (#7)! on: April 09, 2024, 08:17:30 PM
69 and 96 please!  Wink

Thanks! Hopefully I'll win one before the 50th time!  Cheesy
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