What I seek to learn about this from the forum are: 1. How does the atomic swap work technically? 2. What are the major problems of the atomic swap? 3.Is there limit to swapping and is there an applicable swapping fee?
Here are the " technicals": BIP: XX - Atomic Cross Chain Transfers | Re: Alt chains and atomic transfersMost of those advertised " Decentralized Exchange" use something like that under that hood. It's basically a bunch of scripts made from your own public keys that have certain conditions before each party can proceed & spend the final transaction's outputs. That's also one of the disadvantages versus regular instant exchange because it's only compatible with coins that supports such scripts, the coin selections will be limited. Another one ( an advantage rather) is newbies normally mess-up handling their funds when it's in a non-custodial client like a decentralized exchange, not really a disadvantage but it's a usual beginner's issue ( Bec.: Beginners & Help).
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Somehow, I got my money! It's in my account. Hallelujah!
Good thing that you've used you own deposit address to create that watch-only wallet. So, what actually happened is that you have deposited your balance from Coinbase to Empire, Electrum didn't took part of that transaction. -snip-
It says it's imported watching only but I never imported anything, all I did was setup the wallet, copy the provided receiving address into the sending section of coinbase, and that was that. The wallet I have setup is also encrypted. I downloaded it at https://electrum.org/#home The name clearly tells that it was created using " import bitcoin addresses or private keys" option then you pasted that address.
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You'd lose HD wallet feature, which force you to backup wallet.dat file regularly. OP apparently trying to merge multiple wallet.dat without losing any features or advantage each wallet.dat have.
He will only need to backup once after he imported the keys or dumpwallet file. After that, the 'new backup' can still generate the new/future addresses/keys as long as the hdseed is the same. Old backups however wont contain the imported prv keys. I don't know if this helps, but you can: export the private keys from both wallets
Better use dumpwallet on wallet1, then importwallet the dump file to wallet2. That's doable within a minute if you're fast, minus the rescan.
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I currently have software that I researched, but unsure how to set up the ant miners to them. Nice Hash and Cudo miner are the two programs that I currently have downloaded and want to know what problems would I have to deal with or is it a quick setup.
You can only choose one of those software; or none, just create a bitcoin wallet ( eg. Electrum) and join a Bitcoin mining pool. Using the article in the post above, you can easily configure your miner to connect to a mining pool, then it's plug-and-play. So my question is how would this work, do i link the ant miner ip address to the programs and let it run then collect my btc and withdrawl? Also I noted in another post that you do not need a computer to set up the ant miners that it could be done with a phone?
As long as your phone's browser supports full webpage view and connected to the same network as your Antminer, it will work ( mini-browsers might not work). Withdrawal and miner configuration will depend entirely on the pool of your choice, some have an internal account which requires you to withdraw or set an auto-withdrawal to your own wallet. Some will automatically send your earned BTC ( for a specific timeframe) to your bitcoin address. You should post a reply to bitcoin mining pools' official threads for support because settings differ per pool ( although it's already written in their respective OP). Here are a couple of options: KanoPool | ckpool
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I just chose new wallet and then chose watch only. I'm not sure how I was able to create it without having any private or public keys.
There's no option " watch-only" in the new/restore wallet menu. Are you sure that you're using Electrum? The two ways to create a watch-only wallet is to select " Standard->Use a master key->Paste a master public key" or " import Bitcoin addresses or private keys->Paste an address". The difference will be the wallet type after the wallet name: [standard, watching only] and [imported, watching only], respectively. The only non-watching wallet I have is my Coinbase wallet, which is what I transferred the bitcoin from.
Coinbase isn't really a wallet so you can't call it " non-watching", your receiving address still belongs to them. They just crediting your account based form your deposits. For the main question, you're " fucked" if you don't know where you got that address. If you know where it came from, then you can investigate further.
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The question is simple: how do I unlock that trade and get hold of the rest of my bitcoins? Thanks to those who want to answer me.
You can follow BitCryptex's suggestion to remove it from your history. If you do that, the funds from that transaction will return to your available balance because it wasn't " processed" in the first place. To properly send a transaction, you need to directly click " send" after filling out the address, fee, amount, etc. ( next version will be different) If you have to use " preview", make sure that you will click " broadcast" after viewing the transaction's info.
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Since LN reduces the bulk of transaction on the normal bitcoin block chain, will one be limited to use one's coins just within the platform or network?
Hmm, your funds that are in the Lightning Network wont be available to spend in onchain payments. You can use it again and again for other lightning payments though, as long as you have enough incoming/outgoing liquidity. You have to close the channel and wait for a couple of confirmations before it can be used for " regular transactions" again. But if we reach the time when everyone is using LN, closing your channels might not be considerable since you can just send and receive BTC through LN.
Don't say " normal bitcoin blochchain", it's just bitcoin's blockchain or as others said: " main chain"; LN is a network, not another blockchain.
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Read this topic by BitCryptex: The Lightning Network FAQ specially the part " How fast and reliable are LN payments?". -already linked above-In addition to those facts, if most of the micro-transactions ( small payments) are done through LN, then the mainchain will have less pending transactions that should solve those " frictions"... But it's too early to speculate that.
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By breaking-down the vague parts, I think he's looking for the " invalid address" ( prob 'bc1') that he used to withdraw from an exchange: I still have a Wallet but I needed to create a new one. So, I did. But no BTC in it.
-He created a new wallet and obviously, it doesn't have balance. I created a BTC adress to receive and saved it with a name and created a Backup of this new wallet. So. I was waiting to receive a little value but the BTC address was invalid. When I logged into this new wallet, I verified that the Address hase not been saved, but I´m sure it was.
-He thought by creating an invoice in the receive tab, he had 'created' and saved a new address. @ Sauaba Address aren't created and saved as you request one in the 'receive' tab. Those are pre-generated as you created your wallet, it's just hidden by default. You can view them in the " Addresses Tab" ( View->Show Addresses menu). If you created an invoice and exit Electrum, the address that's shown in the Receive tab will use the next unused address.You can also create multiple wallet in Electrum without deleting the others. If the list shows a set of addresses that starts with different number/letter than your " saved address", then it's a different wallet. Try to find if it's in your other wallet using " File->Open" menu. The reason why bech32 address ( bc1) is invalid was already answered.
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Didn't watched the video but electricity must be dirt cheap in your area... in general, it should be $10 a day for a couple of weeks, still too high but that profitability wont last long for obvious reasons.
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Few side notes, In the keys dump file there is also 2000 strings, all starting with 0014, next to unique addresses.
Another clarification just for my own sake of knowledge, does the key dump from Core actually contain the old wallet data? I had the Wallet file in the bitcoin wallet directory but was never able to actually open it in btc, and the bitcoin core install was entirely new. Does the dump keys command take data from all wallets or only the open ones?
1. It must be your addresses' " redeem script" since those are P2SH-P2WPKH addresses. 2. Core should keep the old addresses even after changing the hdseed ( like changed passphrase, sethdseed command, etc). Newer keys/addresses however will have an issue with old backups if the wallet had changed the hdseed after that backup. Awesome sauce, So i found a way in notepad++ and imported every single (2000) private keys into Electrum, but balance is empty and no history has shown. Matter of fact, Electrum looks identical, other than the fact that its a new wallet.
2000 addresses will take a while to update the history and balance, is Electrum properly connected ( Green circle at the lower-right?). What do you mean " identical"? Same addresses? You've mentioned that it's an old wallet, how old is that exactly? wallet.dat older than 2017 can't have SegWit addresses. And you should be informed that Altcoin wallet.dat might work when imported to Bitcoin Core but obviously won't have any balance or history.
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After all, litecoinis a fork of bitcoin, which means it is an improved version of it.
That sounds like from a person who's brainwashed by " someone" who said: " this 'forked coin' is an upgrade". For the record, being a fork of another repository doesn't mean it's an improved version ( fork-a-repo). It's basically a copy of the original with different future developments and alterations.
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the master private key could be entered at iancoleman.io
There's no point in doing that since he already got the list of private keys and addresses just below the " extended private masterkey". iancoleman's BIP39 tool will just derive the same list ( change have different derivation path) unless he changed the passphrase before which created a bunch of different set of keys/addresses. What he need now is to find which addresses have a balance.
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Looking at the dump again, trying not to dox myself, I see the extended private master key and then the plethora of addresses and private keys before them, as well as an hdseed=1, reserve=1 and hdkeypath=m/0... on each line. My keys all start with K or L, don't see any 5's and my addresses all start with 3. The other problem I'm seeing is how ill copy and paste over 4000 strings into Electrum.
That's troublesome indeed... If you do not want to check the balance using blockexplorer, then try to at least import the first few index to Electrum and see if they have a balance. To find them, just open " find" ( Windows? Ctrl+F) and search for m/0'/0'/0 then copy the private key at the start of the line, then find m/0'/0'/1 and do the same until you collected a few of them. Then create an imported wallet to Electrum using " Import Bitcoin addresses or private keys" and paste them like this: p2wpkh-p2sh:K1111111111111111111PRIVATEKEY1111111111111111111111 p2wpkh-p2sh:K1111111111111111111PRIVATEKEY2111111111111111111111 p2wpkh-p2sh:K1111111111111111111PRIVATEKEY3111111111111111111111 p2wpkh-p2sh:K1111111111111111111PRIVATEKEY4111111111111111111111 Take note that Electrum might need a few seconds to sync, minutes if it's your first time using it.
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You can use a Light client that doesn't require the full blockchain, eg: the popular Electrum wallet. Just follow this to be able to export your address' private key from Armory to Electrum: Click " Wallet Properties" then, " Backup This Wallet". Check " Export Key Lists", then the button with the same name below, type your password and a window will open. Check " Include Unused (Address Pool)", check " Omit spaces in key data" ( below) and find your address from the list and copy its private key WIF ( PrivBase58). Download Electrum from the official site: electrum.orgUse, " Import Bitcoin addresses or private keys" when creating a new wallet, and paste your private key there. I recommend you to verify your downloaded Electrum before importing the private key to be safe, using these instructions: https://bitcoinelectrum.com/how-to-verify-your-electrum-download/
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An alternative command aside from one in the link by ETFbitcoin is dumpwallet. Use it instead of dumpprivkey if you have more than one address that have a balance or don't know which ones have a balance. To check their balance, simply copy an address ( addr=) and paste it on a blockexplorer ( https://blockstream.info/), just take note of the private keys of the ones with balance. Don't know if this is ELI5 enough ( old post of mine -edited-): - Start 'Bitcoin-qt' as administrator, then open 'window->console'
- Enter walletpassphrase your-passphrase 240
- Enter dumpwallet keys.txt (you can change 'keys' into any name that you want)
- Go to the installation directory of your Bitcoin core and find "keys.txt", open it and find the addresses' private keys, list of strings that start with '5', 'K' or 'L'.
- Download Electrum Windows Stand-alone Executable from electrum.org
- If your addresses starts with '3' or 'bc1', you'll need to import each prv keys to electrum using the option "Import Bitcoin addresses or private keys" by pasting each keys per line using:
p2wpkh-p2sh:YOUR_Private_key if your addresses starts with '3' p2wpkh:YOUR_Private_key if your addresses starts with 'bc1' - If they start with '1', just paste the private keys.
Then send them to the wallet of your choice, If you want to use Electrum: Instead of creating an imported wallet, just create a new 'standard wallet' and sweep ( Wallet->Private keys->Sweep) the keys using the same format as above.
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This error also appeared very often in the log, and by often i mean several every few or so lines. It appears that one of your blk file is corrupted, particularly: " blk01638.dat". Or if your disk is now full, you're out of space. That's quite unfortunate because it must be deleted and every succeeding block files as well to be able to continue. If you want to continue: Shutdown Bitcoin Core, delete rev/blk01638.dat and the newer block files ( not older blk), then start Bitcoin Core again. It will re-sync starting from the blocks inside that file. Or consider using Electrum, just make sure that you'll do everything while offline.
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Kindly, tell me if this explanation is correct.
I'm not in the position to answer this, you should ask the man himself But it seems like he'd speculated that storage space will indeed become a problem regardless of Moore's Law's growth rate, that's why that part is included in " Reclaiming Disk Space" which hints about spent transaction " pruning". AFAIK, it wasn't implemented; according to the explanation, it is a lot different than the pruning option we have today.
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Seems like it has to go through the entire block chain to load the wallet and find its transactions? It's just issued a " recan" of the blockchain for your wallet's transactions, it will not download anything if your node isn't pruned or not fully synced. That's normal for newly loaded wallet file. Just wait for it to finish, it could take minutes to hours depending on your PC's specs.
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