This is my concern about a cold wallet. What is the end goal of Bitcoin? Global reserve currency (digital gold), or peer to peer cash? I am not sure both can be attainable in its current design ( am also a noob and just trying to understand more). If it is a cash system like it has existed in the early days, cold wallets for personal use makes sense. But if Bitcoin continues to grow it and is adopted by more, it may become a global reserve currency due to its finite supply. Under this global reserve currency assumption, bitcoin would be backing every bank, who would be throwing around huge transactions and willing to pay large transaction fees. This would crowd out individuals who want to use cold wallets other than those who hold a large sum of bitcoin, as they would have to pay bank level fees to move around Bitcoin which for most would not be economically feasible. In this scenario, the blockchain would become the source of truth of transactions, lightning would be used by banks for settlements, and you would need a secondary currency backed by bitcoin (US dollar, mint, other crypto, third layer solution, etc.) and make personal cold storage options (for Bitcoin specifically) unfeasible for most.

 Am I missing a key component of this train of thought? In this scenario, custodians become almost necessary due to the amount of transactions needed if everyone used their own personal cold wallet. Is this the natural progression of Bitcoin, or are there developmental efforts to make cold wallets feasible for all in the future as the adoption of Bitcoin continues?

Hard to make conclusion that someone do that just to increase their post count. So maybe lets erase the thinking that someone create a account just to create some topic for signature campaign spammers to discuss. I guess what we usually see here are those butthurt people cannot accept their mistakes made that's why they lose their account due to abusive actions they commit.

Its normal for people to get curious on that situation especially if they know the casino is reputable or there's something wrong going on the casino they are playing. If we accused those people spamming for post count then I think its unfair for them especially if their intention is pure. Its important to see if their post have sense and all is according to the topic discuss. Although I understand your point regarding on this situation but expect that what you think happen since we are in public forum and anyone could post whatever they like.

Edit: Also I don't think this topic belong in this section since in my opinion this type of discussion belongs to gambling discussion board.

Yes.


Probably no. I'd expect him to be extremely cautious with his privacy. Tails didn't exist in 2008, but he must have had different user in his computer for this kind of activity. For example, anything related with the "Satoshi" identity would occur there. Coding, forum posting, emails, domain name registration etc.

None of our business, though.

I am working to get my bitcoin off of exchanges and into cold storage but I had a question regarding transaction prices. As more adopt Bitcoin, transaction prices are going to increase as there is more demand for blockspace. Is there any documentation or research into what transaction fees may look like in a world where Bitcoin is more widely accepted?

I am worried that from an individual level the blockspace may become so valuable that moving Bitcoin on and off a personal cold wallet may be unfeasibly costly for the average user.

On the ridiculous petition topic, I repeated over and over that Nostr is the decentralized discovery layer for coordinators. It's been this way the whole time.

Ginger Wallet is marketing themselves as actively blocking criminal activity:




Yes, there were several people who had coordinators running prior to this.

Find new coinjoin coordinators using Nostr:
https://wabisator.com/
https://github.com/Kukks/wasabinostr

Perhaps I haven't heard of it, but I browsed too to find out more of it. from what I have read it's only increasing the privacy of the statechain, according to the site, it's majorly blinding the operators from viewing the contents of what is being transferred like transaction IDs, etc.

Although, I don't know much about tech but I'm privacy oriented so the improvement is good from my perspective because everything will be done off chain just the like lighting network but this time the operator is only allowed to know how many times transactions has been signed but not the contents of the transact not even the pub keys.

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https://bitcoinmagazine.com/technical/mercury-layer-a-massive-improvement-on-statechains

Statechains are essentially analogous to payment channels in many ways, i.e. they are a collaboratively shared UTXO with a pre-signed transaction as a mechanism of last resort for people to enforce their ownership.

Man read the issue and respond from ndumm here. There's no scam happened here. He is clearly here with different motive. ndumm confirmed that nothing has been leaked as he is claiming.

they still can sell their oil to different countries though. particularly to India which countries from the West are buying from India. making Inida the middleman. they are earning money through the oil and gas coming from Russia. Russia's economy isn't as bad as the rest of the world.

they might not need BTC anymore but if they are going to be mining, they'd probably trust developers that are from Russia such as Vitalik. which means mining ETH will make sense for them

as well besides BTC.

Also I sent an email to support@shuffle.com and I didn't even get an answer. I'm very worried

You don't have to "issue" a different token. You can just reuse, what is already there. In the same way, you don't have to invent new signed transactions to peg coins in. You can reuse existing output, produced for example by LN (but it is not limited to this case). And then, if you reuse existing signed transactions, then there are two options: both networks are IOU, or none of them are IOU. Because you can use exactly the same bytes in both, point at the same UTXOs, broadcast the same transactions, and so on.

If such a list existed, you can be sure that the casinos at the top will be the ones that have the most customers already, this is because most casinos offer games with very similar odds, so over the long term the number of winners and losers on percentage terms should be roughly the same, however if a casino has 10x more customers than a competitor, you can be sure they are going to have 10x the winners as well, making this exercise nowhere near as informative as you think it could be.

Basically, in any game, there are fewer winners than losers, and even if you win it is just a matter of luck, because there is no definite analysis. So, whatever casino and type of game you play, play only for fun, and not to seek abundant wealth, because we know that casinos are made to seek pleasure by winning, so keep limiting yourself in playing and don't be greedy.

Of course, because current sidechains like Liquid are centralized. But I think it is possible to make a decentralized one.

Old smartphones barely have 100 GB in storage. If your goal is to help the network in terms of bandwidth, it's required to store and transfer the entire blockchain, which is far bigger in size than that.

I think both are in a similar category, just different ends are off-chain or on-chain. In the first case, you have off-chain channel opening transaction (signed coins to peg them in), and on-chain channel closing transaction (moved coins to peg them out). In the second case, you have on-chain channel opening transaction (moved coins to form a channel), and off-chain channel closing transaction (constantly replaced "signed coins", and published only the latest one).

In the former, you can "cheat" by convincing someone to accept your signature, which could be already shared with someone else. In the latter, you can "cheat" by publishing some earlier state of the channel. In both networks, it is possible to set up some penalty transactions. In the latter, you have to be online to execute this penalty transaction. In the former, you have to just share it in encrypted form with the majority of the "honest" nodes, and it will be automatically broadcasted by some random node.