Hey, Ratimov, not that I disagree with what you're saying, but perhaps you should hold your horses? I understand that you want this to be done professionally, but calling icopress a scum in Russian is superfluously rude, especially when you know that during these days they might have their mental health altered.

Which makes me believe there are benefits we don't yet see. Legalizing Tether gives me the impression that there are some really shady things going on.

It doesn't want to be dependent of the USD, but it wants USDT which is a stable coin of USD with an extra layer of centralization? Nope, that's definitely not the case.

[Megathread] The long-known PoW vs. PoS debate.

It doesn't protect you against this taint, but it allows you to use Bitcoin non-custodially, which was my point. If both you and me run individually our own nodes, then we don't trust anyone to hold our money. This can be done simply by connecting to an SPV server too, but I suppose that you can't have a trustless trade without involving things such as HTLCs which, as a consequence, require you to verify everything.

https://twitter.com/Andrew_J_Howard/status/1503047318123134978


 

Few. Start using it, be convinced that a decentralized p2p exchange works and others will follow. It wouldn't make sense to have something that respects your privacy, is less susceptible to censorship and is less used. Those who'll remain to centralized exchanges wouldn't want to use it essentially in the first place.

I believe there are enough, and people who stick with "HODLing" do make their researches. I don't believe those few exchanges will have gone soon, but maybe in the long term they just don't get the same attention.

Where's demerit when you really need it?

Stay tuned on the next episode of the "Gavin supporting scammers" series with our special guest, Changpeng Zhao!

What part of the ".eth" don't you understand? It implies how awful and corrupted solutions he may propose. BTW, it's general truth that the Bitcoin community moves like a cult, but I've seen no Bitcoiner who puts a "btc" after their full name. That's just cringe.

It depends on what's your usage. If you're thinking of depositing your coins to a centralized exchange someday, then it's justified to look up for weird transaction activity whatsoever. If that's not the case, then you have much less things to worry, especially if:

• You run your own full node.
• You transact with people who behave alike.

Have you checked Bisq?

Correct, and that's he said too. It just doesn't matter if it's really Russian owned or not. If a government starts dictating what's Russian and what's not, centralized exchanges are unfortunately doomed to obey to this nonsense.

It is irrational to consider Russian some of the addresses that a Russian used to transact with, but it's as irrational as to behave Bitcoin as non-fungible. We've seen this before with bitcoins that were blacklisted from some exchanges due to "illicit activity".

Another way that it it distinguishes it is the work that is done. There are uncountable of repositories related with Bitcoin, from Bitcoin Core and other clients to SPVs servers, payment processors, second layers, wallets, block explorers, libraries etc.

Then there are the books, the talks, the tutorials, the articles, this forum! Generally, there's a high degree of dedication which makes it easier for every newcomer to learn and build interesting things.

I recently found out that the community decided to change the mining economics. I don't know if that is subject to decentralization, but it's a serious downside.

Lightning isn't a crypto, it's a second layer. What I'm asking if you accept Bitcoin, but with Lightning.

No. An xpub is only used to derive public keys. You can use several xpub keys to form a hierarchical deterministic multi-sig wallet, just as you can with multiple public keys (but one address). Their existence alone doesn't reveal they come from a multi-sig or single-sig wallet.

It wasn't Satoshi, move on.

Which proves what exactly? There were others mining in late 2010.

Alas if you believed every single theory on the internet, regarding this guy.

I'm 100% sure it may be.

Doesn't the same apply on Bitcoin Core's seeds if most go offline? Wouldn't you start searching for nodes on the internet? Not that they are offline, though.

According to BOLT 7, Lightning doesn't rely on third parties to disseminate the peer list. So, it either contains IP addresses of several nodes, which doesn't seem to be the case, or you don't know any node on startup, but get the IP addresses the moment it connects to one node. (That'll then send their peer list etc.)

Since they've mentioned the PoW regulation in the first post, I guess the benefit goes either to the environment or to the holders' pockets. (Due to the rise in demand, which happens due to a nation's approval)

With computational effort, I refer to mining.

The difficulty has increased from few terahashes per second to hundreds of exahashes per second. It's much harder to gain the required computational power to accomplish a sybil attack without looking suspicious to your victims. Just having the IP addresses and the computers that are running a Bitcoin client isn't going to harm anyone.

Newbies' first step should be to actually learn what the hell they're buying.

What's the genesis block's address' balance is debatable. It's 68 BTC whereas 50 of those are unspendable. There are other unspendable outputs as well, such as those with OP_RETURN or those which had "0x14" replaced with "0x00" and are provably gone. Shouldn't it show there's a balance?

But, thanks for mentioning it.

As always, franky pushes his own agenda and constantly twists my words. Sorry, but you don't get my attention.

A sybil attack requires computational effort besides full nodes left running. There was a thread made in 2011 regarding this[1]. By the same reasoning, I also trust a billionaire for not deciding to attack the network.

[1] https://bitcointalk.org/index.php?topic=4335.0

And it has been repeatedly told you that you verify nothing when you visit a block explorer. Also, it's mentioned that you don't know their outbound connections, which is little significant due to the former.