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4481  Bitcoin / Hardware wallets / Re: Ledger Nano S firmware update 1.4.1 on: May 08, 2018, 03:32:24 PM
Hi - my update is also stuck and none of the suggestions above seem to work. The ledger just displays "updating" while the manager thinks for a moment and then says, "unable to install firmware"

I have checked the device manager for anything needs new drivers. Please advise? I can't find any other solutions, it seems bricked.

To be able to help you, please answer the following questions:


  • Does it also give a 'insufficient memory' error ?
    In this case: Remove a few applications from your nano s. You can install them afterwards again. Your coins stay safe.

  • Did you use an USB port from the back of your PC (assuming you aren't on a laptop/tablet) ?
    Those directly at the mainboard are the ones most guaranteed to work properly.

  • Did you use the original ledger cable ?
    Some cables you may know from mobiles phones are charge-only cables (they don't have the data pins).

  • Did you actually check the device manager for a yellow exclamation mark?

  • Do you hear a sound when plugging in your nano s ?

  • What is your current firmware version ?

4482  Bitcoin / Development & Technical Discussion / Re: Why the wallet.dat file isn't fully encrypted? on: May 08, 2018, 03:21:49 PM
Well, I think it's a must... let's say someone gets your laptop somehow, looks at your watch only wallet, sees you have 1000 BTC or something... you are fucked at this point. They will come looking for you.

If you are storing 1000 BTC on a laptop, you are insane.  Don't do that, and you won't have to worry.

He didn't say a word about storing them on a laptop.  Cheesy

The other question is whether it is necessary to frequently monitor a cold wallet containing 1000 BTC's along the way.
4483  Bitcoin / Development & Technical Discussion / Re: How/Why to trust Anonymous Developers and code? on: May 08, 2018, 03:16:18 PM
If the blockchain a currency or token is on is only as strong as it's developers,

A currency/token where 40% of the supply is held by the developer is only as 'strong' as these developers are.
But a platform/currency/.. without developers who own such a big stake there is no influence (assuming open source).
If its closed source, it requires trust.



then what is the best way to really find out how to trust it before investing?

Get as much information as possible. Basic information like who they actually are, their degree, .. .
See how they behave, their statements. How they react to negative criticism.



Especially if the developers are anonymous?

If the developers hold a significant % of all circulating coins and stay anonymous. Then you are out of luck. Trust them or don't.
If the developers do not hold a significant % of all circulating coins, it doesn't matter whether they are anonymous or not because they don't have any influence.

4484  Bitcoin / Bitcoin Technical Support / Re: Cannot find my BTC from 2014 on: May 08, 2018, 03:04:31 PM
If you have access to your private keys you can easily import them into any other wallet.
As pooya87 already mentioned, electrum is a good one to start with for your desktop pc.

You can visit https://bitcoin.org/en/choose-your-wallet to find a suitable wallet for your preferences / device.

Chances may be high that you had an online wallet and now have some sort of a 'backup seed' (private keys start with 5.., K and L?
Did you register yourself with your email anywhere to store bitcoins? You might try to search the inbox of your mail account for 'bitcoin'.

Or do you have a backup file? If this is the case: How is it named? Does it have a file extension? What OS did you use?
4485  Bitcoin / Development & Technical Discussion / Re: Send bitcoin to own same wallet's another address require fee? on: May 08, 2018, 10:06:08 AM
The amount of a fee depends on the size of transaction (in kilobytes).

Actually the fee depends on (1) the fee rate in sat/B and (2) the weight of the transaction.



Moreover, if you just send your funds to the same BTC-address, you will pay the transaction fee to the miners.

You always pay the transaction fees to the miner who mines a block including your transaction.



This feature is used when you want to get a change back.

A change is simply just a second output (besides the first-/main- output which is the actual balance you want to transfer).
E.g. You have received 1 BTC and want to send 0.3 BTC.
You make a transaction with one input (1 BTC) and two outputs (0.3 BTC and 0.7 BTC(your change), ignoring fees).

4486  Bitcoin / Electrum / Re: Invalid OTP when sending >.2 amounts of BTC on: May 08, 2018, 08:48:18 AM
What kind of OTP are you using?
Timebased one time passwords (TOTP) or HMAC-based one time passwords (HOTP) ?

When using TOTP you have to make sure your mobile phone has the correct date/time set.
An offset of 30 seconds could lead to ~50% of codes you enter to be invalid.

With HOTP the date doesn't play a role. However all of your requests should work this way.


The amount however shouldn't play a role at all.
If you are using HOTP method or are sure your system has the correct date set, you might be facing a bug.

4487  Bitcoin / Development & Technical Discussion / Re: Send bitcoin to own same wallet's another address require fee? on: May 08, 2018, 08:26:10 AM
Send bitcoin to own same wallet(daemon)'s another address require fee?

To show transaction detail on blockchain explorer.

The bitcoin network does not know which addresses 'belong together' inside a wallet.
BTC's do exist as UTXO's (unspent transaction outputs). If you want to move them from one address to another one (regardless whether you have control over the private key of the receiving address or not) it does require a transaction.

The only way to transfer ownership of UTXO ('bitcoins') between 'addresses' is to create and sign a transaction with the corresponding private key.


4488  Bitcoin / Development & Technical Discussion / Re: What happened with the Blockchain when there's a new version of the Bitcoin? on: May 08, 2018, 08:10:30 AM
I presume that the update wouldn't do anything much to the blockchain?

Correct. The blockchain is 'just' an immutable distributed ledger with records of transactions.
It is not a piece of software.



And it's basically just updating mainly how bitcoind works?

Yes. https://github.com/bitcoin/bitcoin is the official github of the bitcoin core client.
4489  Bitcoin / Bitcoin Technical Support / Re: Safer to RECEIVE multiple Bitcoin transactions on Coinbase or Ledger? on: May 08, 2018, 07:56:27 AM
Which way would be safer to receive ongoing BTC and ETH through multiple transactions? To display your Coinbase BTC and ETH addresses and then transfer them all at once to my ledger Nano S?

Or to simply display the BTC and ETH addresses from the ledger?

It is definetely safer to receive transactions directly to your hardware wallet.
Receiving them to an online wallet first only creates additional attack vectors. There is no downside when directly receiving to your ledger nano.

Technically you are NOT in control of your BTC if you have stored them on coinbase.



I am asking because i am not sure how receiving BTC and ETH on the ledger will be because i read that they change addresses everytime and that you need to have the chrome app running for each wallet.

Ledger generates a new receiving address for each transaction. This is purely done for privacy reasons.
You can receive as much transaction as you want to one single address. Your addresses will stay 'valid'. They do not expire.

You only have to start the application when you want to spend your funds.
No wallet/application has to be opened to receive transactions.
4490  Alternate cryptocurrencies / Mining (Altcoins) / Re: Cooling in Setup on: May 08, 2018, 07:51:12 AM
The cooling itself depends several factors.
As DannyHammilton already mentioned, it is not profitable to mine BTC with a computer.
This doesn't only apply to BTC but also to a lot of other altcoins which have a quite high hashrate.

Regarding ASICs, the cooling at least depends on:
  • the amount of asics you have running
  • the amount of space between your asics (where air can circulate)
  • your ambient temperature

You'll at least need some fans to cool a mining rig. Without any cooling the devices will have a notable shorter lifetime.
4491  Bitcoin / Bitcoin Technical Support / Re: How to simulate a transaction between two bitcoin addresses? on: May 07, 2018, 04:47:34 PM
how to use testnet? Can you give me a few references?

You can start your client in testnet mode either by using the -testnet argument. Or, for 'permanent' change, add testnet=1 to your bitcoin.conf file.
The bitcoin.conf file can be found in bitcoins application directory.
Usually %APPDATA%\Bitcoin\ for windows and $HOME/.bitcoin/ for linux.

To get some testcoins, visit https://tpfaucet.appspot.com/.

Further useful information: https://bitcoin.org/en/developer-examples
4492  Bitcoin / Development & Technical Discussion / Re: Transaction inputs and outputs not needed? on: May 07, 2018, 04:39:51 PM
So we have spent transactions (reference to which are set in next transactions) and unspend transactions (like UTXOs)

How exactly do you implement 'transactions'?
For me, this sounds like spent transaction outputs and unspent transaction outputs (UTXO's). Yet you have only changed the name.
Besides changing the word, what is the technical difference between UTXO and your 'unspent transactions' ?

We'd happily contribute. A more detailed explaination would be appreciated.
4493  Bitcoin / Hardware wallets / Re: Ledger releasing native Desktop and Mobile apps on: May 07, 2018, 04:17:59 PM
I read rumors ADA and IOTA will be supported.

Those aren't just rumors.
IOTA and ADA are both on ledgers roadmap.

They are working on an application for those coins. They are confirmed. But this still can take a few months until they are out.
As far as i know there is no submitted code being reviewed by ledger yet.
4494  Alternate cryptocurrencies / Altcoin Discussion / Re: The maximum number of coins in BC 0.8? on: May 07, 2018, 04:12:00 PM
int128?  Smiley

 Roll Eyes




And if I just make less value

Code:
static const int64 COIN = 100000000;

in src\util.h

This will simply reduce the value after the decimal point?

And do not have to change anything else?


You do realize that 'reducing the value after the decimal point' does give you less (smallest) possible units?
It doesn't matter whether you have 100.000.000 ShitCoins with 100.000.000 shitoshis each or 100.000.000.000.000 shitcoins with 100 shitoshis each.
You are basically just changing what you define as one shitcoin (1 shitcoin = x shitoshis).

You are not only missing the whole point, but also seem to be unable to set up a proper crypto currency design.

Please do not create another forked coin (excluding educational purpose, of course). It won't have any value.
4495  Alternate cryptocurrencies / Altcoin Discussion / Re: The maximum number of coins in BC 0.8? on: May 07, 2018, 12:53:12 PM
...hmmm

But when I try to compile it, it say to me:

Code:
src/main.h:55:47: warning: integer overflow in expression [-Woverflow]
 static const int64 MAX_MONEY = 13000000000000 * COIN;

What can I do with it?

//Or nothing needs to be done?



An overflow is accomplished when you perform an arithmetic operation (e.g. multiplying) which results in an result bigger than possible to be represented by the chosen size of the data type.

So you have either to choose another data type or use a work around.

Mind telling us what you are trying to create? Another bitcoin fork?
4496  Bitcoin / Development & Technical Discussion / Re: Non-Hosted server? on: May 07, 2018, 11:42:43 AM
I have answered your question in your other thread.
Somehow i didn't notice you have replied in there. You could have simply bumped it instead of creating a new one.
4497  Bitcoin / Development & Technical Discussion / Re: Hot wallet security on: May 07, 2018, 11:41:23 AM
That seems like a good solution to me in regards to the second server. I'm not quite sure what is meant be a "non-hosted" server however. Do you mean a server rack of my own and not a third party server or?

Non-hosted simply means that it is not hosted (on a 3rd party hosting service).
Like a small server at your physical place, which is only used for this one task.



What sort of schedule would you suggest? Hourly? I feel the schedule would have to be frequent. The only issue I can see with the batching is that users would have to wait longer for their withdrawals instead of having them processed instantly?

This fully depends on what kind of service you are running.
Since you can have a setup with hot-/cold wallet, you can let people withdraw at any time (and batch transactions every X minutes).
You just have to keep your hot wallet filled enough to let people withdraw, but not too filled enough to lose too much in case of an incident.



I wasn't actually aware yo ucould use one public key to generate further public keys/addresses. I assume that is how most crypto sites generate their deposit addresses? Sorry if that sounds outright noobish but I'm not currently that well versed in the actual technical aspects of bitcoin hence why I'm asking the questions I am. Thanks for all the help and advice though, I really appreciate it a  lot! Smiley

What actually is used when deriving public keys is the xpub (extended public key).
You can read about it here: https://github.com/bitcoin/bips/blob/master/bip-0032.mediawiki#Extended_keys.
4498  Bitcoin / Electrum / Re: Electrum won't connect, lots of money not appearing on: May 07, 2018, 11:30:57 AM
You can't lose your money if you still have your seed.

This statement is (1) unnecessary and (2) wrong.

There are a lot of ways to lose money (BTC) while still having your seed.
Especially since OP mentioned he is using v2.7.9 of electrum (which does have a vulnerability).

If an attacker is able to get access to your seed (which is possible under some circumstances with the old vulnerability) he can easily transfer all the BTC's out.
You will be left with a seed containing 0 balance.

Safe and secure do not mean the same!

Keeping a backup of your seed = safe.
Being protected against an attack = secure.


4499  Bitcoin / Electrum / Re: Forgot my password to Electrum on: May 07, 2018, 11:26:14 AM
I guess I'm at a small loss then.  I have tried everything and can't seem to fix my issue.

Did you try out btcrecover?

If you have any clue about your password there is a realistic chance of bruteforcing it.

Do you remember anything regarding your password(s) ?
  • Minimal/maximal length of your password ?
  • Characters you definetely used (or definetely didn't use) ?
  • Any pattern (like numbers at the end) ?
  • Special characters (do you only choose between a few of them) ?

Any information can be helpful in decreasing the search space and therefore also decreasing the required time to bruteforce a password.
4500  Bitcoin / Development & Technical Discussion / Re: How to run seperate wallet on same server? on: May 07, 2018, 11:14:15 AM
How to do using [xpub key]? How to do this? How it can send coins send straight to cold hardware storage? (I want to use ledger nano s something..)

Import your xpub key into the software of your VPS.
You will be able to derive public keys (and therefore addresses to deposit to) on your VPS without needing to store the private key online.

You can get the xpub of your ledger nano s from the Bitcoin wallet (chrome) application: 'My Account' -> 'Account settings' gives you the option to export a public key.
Afterwards you will be able to derive addresses from this xpub. The actual command depends on your programming language / libary.
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