Bitcoin Forum
June 30, 2024, 06:16:23 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 [256] 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 ... 464 »
5101  Bitcoin / Development & Technical Discussion / Re: Charging rent on the bitcoin network, is that a bad idea? on: March 05, 2022, 12:24:10 PM
I'll skip my comments and focus on this:

Quote
Since validators on the network need to maintain a working copy of this state in memory, the network charges a time-and-space based fee for this resource consumption, also known as Rent.
Wait a sec, isn't this an absurd idea? Why should I require money to get self-sovereignty and privacy? Aren't those enough to cover my disk's and memory's expenditures? It sounds like they want to expand their network in the wrong way.
5102  Bitcoin / Development & Technical Discussion / Re: Accepting Bitcoin donation anonymously on: March 04, 2022, 01:38:35 PM
I mean it doesn't hurt and yes, maybe it helps a bit but given the overall challenge he has, thats the last he should care.
They asked for the best solution.
5103  Bitcoin / Development & Technical Discussion / Re: Is there a new code to download bitcoin source code on: March 04, 2022, 11:50:49 AM
Getting to know how the bitcoin software works
Bitcoin Core is an implementation of a Bitcoin client, and the most popular. But, to understand how it works you don't have to look into the source code; you'll understand few things there, especially if your programming skills aren't the best.

I recommend you to take a look on developer.bitcoin.org/devguide.

then proceed to developing a wallet
That's a very difficult thing to do, unless you follow a tutorial and understand little things of each step.
5104  Economy / Economics / Re: Inflation hits Russia on: March 04, 2022, 11:17:22 AM
[...]
The good of the case is that some have become concerned about the way money works[1]. Especially Russians, who saw their savings gone in just one week, because their "master" decided to start a war. Among this SWIFT nonsense, there are Russians and Ukrainians who've become obsessed by the idea of digital cash that is none's control.

[1] "I often wonder how money is stored".
5105  Bitcoin / Development & Technical Discussion / Re: Is there a new code to download bitcoin source code on: March 04, 2022, 11:09:20 AM
Thank you and can i get a resent book with updated codes so i don't get stucked again. if there could be a recommendable academy it can also serve the same purpose be it free or paid courses
What are you trying to accomplish?
5106  Bitcoin / Development & Technical Discussion / Re: Accepting Bitcoin donation anonymously on: March 04, 2022, 11:05:37 AM
The first thing to mention is that you do not really increase your privacy with individual addresses.
This doesn't sound right.

If you collect donations on 200 addresses and want to cash them out, you eventually will send out a transaction clustering them.
If you have 200 UTXOs from 200 different addresses, you don't have to cluster them all in one transaction. That's why there's coin selection. OP may not want to cash them out all at the same time. Therefore, they can gain a little privacy. On the other hand, if they have 200 UTXOs in 1 address, it won't matter if they coin-select or not as they'll have revealed that all these outputs are owned by the same person from the beginning.

Plus, they may not want from their people to know how much money there are donated. If they use 1 address, they're doomed to reveal it.

So you have 3 options
A fourth option is to use a decentralized exchange such as Bisq.
5107  Economy / Economics / Re: Inflation hits Russia on: March 03, 2022, 09:23:46 PM
This isn't just inflation, that's the worst case scenario for a currency. To be issued from a country that is currently rejected by everyone. Some Russians are gonna starve to death...

I do think both countries are going to get hit economically by the invasion (especially Russia, and we're already seeing that with the ruble being devalued), which just makes me wonder even more what Putin was thinking in doing what he's doing.
Besides the currency devaluation, they spend billions of dollars on military expenditures. Specifically, it's known that they're giving $15 billion per day on devastating missiles. I think he knows very well what he's doing, although humanitarian speaking, he's an asshole.
5108  Bitcoin / Bitcoin Discussion / Re: Btc price controlled by they might satsoshi on: March 03, 2022, 09:04:25 PM
Why would Grayscale or any other organization/company know such thing? And what's the evidence that it's "under the Federal Reserve"?
5109  Bitcoin / Bitcoin Discussion / Re: How to generate BIP39 phrase from computer-generated randomness AND dice/cards? on: March 03, 2022, 08:23:52 PM
So, you want to combine both your RNG and a "provably" random number generator, such as a dice. Why would you want to do that? What's the benefit? If you don't mind.
5110  Alternate cryptocurrencies / Altcoin Discussion / Re: Non-custodial Wallet App security for long term on: March 03, 2022, 01:11:36 PM
Don't use closed-source wallets such as Trust. They have a bad fame. If you've decided to hold those for the long term, then just buy a hardware wallet and sleep easy. Again, it's not necessary, but you may not want to download every wallet software for each altcoin.

Trezor is close source
Trezor is open-source, which is weird, 'cause you've said it is few sentences later.
5111  Bitcoin / Bitcoin Discussion / Re: [⚠️WWIII OPSEC ALERT⚠️] DON'T LET YOUR BTC BECOME RUSSIAN WAR-MACHINE FUNDS! on: March 02, 2022, 09:04:59 PM
centralized/semi-centralized blockchains
Wow, I'm impressed. While it's oxymoron it nowadays makes sense.  Tongue

If you like to invest in ICO Projects or unknown coins/tokens then do your research first. The scam accusation subforum on Bitcointalk is a good place to start.
And the Beginners & Help the best place to make your questions. If you either want to "invest" in ICOs or unknown tokens, you're most likely a newbie who has no idea what, how, why.

Never use repeat passwords, especially for accounts with personally identifiable and sensitive information (e.g. Facebook, Gmail, AppleID, Twitter, banks/payments, crypto accounts).
What's "crypto accounts"? You've already said to not use exchanges, so I assume that's something else, but I don't understand what'd be sensitive and crypto-related if it isn't your money.
5112  Bitcoin / Development & Technical Discussion / Re: Accepting Bitcoin donation anonymously on: March 02, 2022, 08:37:22 PM
In summary: Setup a BTCPay server and mix each UTXO individually when you'll have to spend from the donations. This way you'll have accomplished maximized anonymity with Bitcoin. If each user is not meant to donate much, consider using Lightning for better privacy and efficiency.
5113  Bitcoin / Development & Technical Discussion / Re: There are 2^256 private keys out there: how big is that number? on: March 02, 2022, 05:57:36 PM
Remember that the number of private keys are roughly (please, bear some  patience with this one) equal to the number of atoms in the universe?
If we assume that there are ~1078 atoms in the Universe, then yes, it's a "little" greater than that. Your chances of finding a collision aren't that many, though. Remember, there are ~296 different private keys for each single-sig address on average. That leaves you with less than 1050 different addresses.
5114  Bitcoin / Bitcoin Discussion / Re: This Ukraine issue has me thinking a lot. In a crisis, how valuable is bitcoin? on: March 02, 2022, 12:57:47 PM
[...]
You're describing a situation where a person sells something, in this case Bitcoin, for fiat. It doesn't have to do straightly with Bitcoin. Obviously, due to the censorship of Russian banking, they won't.

That's a valid question! Without internet, your bitcoins can't be used.
They can't be used until you find an internet connection. Therefore, you can't use them in a location where internet providers have been seized and their business is shut down due to a war, but once you resort to another country, you can normally use them.

Even if you could use them without internet, you wouldn't; the first thing you must do is to leave your country.
5115  Bitcoin / Development & Technical Discussion / Re: [Megathread] The long-known PoW vs. PoS debate on: March 02, 2022, 11:09:37 AM
[...]
You didn't answer to my question. I asked you if it's desirable to have a structure that brings centralization over time. Your response has to do with the "gathering" of the hash rate while it's been repeatedly told you that it's a false way to detect faulty behavior.

By the same reasoning, I also trust the government for not deciding to allocate the required resources to destroy Bitcoin. It's a game theory.
5116  Bitcoin / Bitcoin Discussion / Re: This Ukraine issue has me thinking a lot. In a crisis, how valuable is bitcoin? on: March 02, 2022, 10:50:28 AM
In a crisis, how valuable is bitcoin?
I presume that during a war, it'd gain value. In WW1 & WW2, gold's demand had risen, the fiat currencies were devalued into absolute nothingness. In such times, people back as much as assets they can, but mainly gold. Stocks drop since there's financial crisis and housing is even worse as there's seizure. Gold has stood in the first place due to its particular characteristics, such as durability, divisibility and ease in transfer.

If only there was another asset that had a better performance in those three.  Roll Eyes
5117  Bitcoin / Development & Technical Discussion / Re: [Megathread] The long-known PoW vs. PoS debate on: March 02, 2022, 09:42:26 AM
The core principle of having a cryptocurrency is to avoid central points of failure; in other words, it's decentralization. As I've already mentioned:
The point of it is decentralization. There's literally no other reason to distribute a database if it's not to avoid the central point of failure. If this isn't your project's priority, then you're doing things wrong.
If the mechanism that is used centralizes the economy, then the system is faulty. I'm not saying that it doesn't work, but in the long term, it's going to be problematic. We've already covered that PoW decentralizes the economy due to uncertainty and mitigation of voting's unequal distribution. It has already been underlined that it's resistant to subjectivity opposed to PoS.

In which of the above do you disagree?

PoS coins can stake as easy on a laptop in the house or on a VPS or an exchange pool in a crypto friendly country.
Which introduces trust, a problem that is meant to be solved. That's the purpose of a cryptocurrency after all.
5118  Other / Beginners & Help / Re: [Merit] [Faucet] Hey Bitcoiners! Wanna try out the lightning network? on: March 02, 2022, 07:08:46 AM
14K51z6iigeG6wykue8frnzPtNHPTvVar8
That's not a testnet Bitcoin address. It should either start with 2, m or tb1.
5119  Bitcoin / Bitcoin Technical Support / Re: Bitcoin censorship for Russian addresses? on: March 01, 2022, 08:37:56 PM
It's impossible to censor the transactions, realistically. Let's assume the miners could understand in what part of the world the money go to, and that's a big assumption as it's nearly impossible: Miners are scattered.

Alright, so even if the United States were able to censor every transaction their citizens received, they wouldn't be able to control the network. There are also miners in Europe, Russia, China etc.; if their intention is to kick Russians out of Bitcoin, they'll fail. Initially, one Russian pool will be able to include transactions that aren't approved by the United States.

You can't censor others from using Bitcoin unless you also censor yourself by attacking to your own money.
5120  Bitcoin / Bitcoin Technical Support / Re: I have my wallet address, but I can't remember my wallet I used... on: March 01, 2022, 08:21:59 PM
So do I need to enter the p2pkh:? I have been trying but every time I enter my key, my address/wallet will be in full form and then change to "watching only" I have done both address and Private, it switches to watch only with private key too...?
You only enter the private key. The address is automatically calculated from the Electrum client. You can either enter p2pkh: plus the private key that starts with 5 or the private key alone. It couldn't be a type other than pay-to-public-key-hash starting with 5 either.

I tried transferring some to CoinBase and it looked like it started and then came back with unpaid...
You can't send money if you're having a watch-only wallet. The phrase says it itself; watch-only.
Pages: « 1 ... 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 [256] 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 ... 464 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!