Based on the experience of those who are miners, I would like to know the following:
What is the best ASIC miner for those with an energy cost of $0.20 KW/h?
I've no experience, but you can visit https://www.asicminervalue.com/ and set electricity rate to $0.20 kW/h to see which ASIC profitable. But at time of writing this post, only non SHA-256 ASIC offer some profitability. But the profit depends on price of altcoin which use algorithm supported by the ASIC and you still need to calculate ROI by yourself. |
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Mastering Bitcoin is a free book and I don't think anyone would think of selling it. Andreas Antonopoulos sells the paperbacks through Amazon. He also sells the e-books. It's true that there is a free version on GitHub, but despite that, some people prefer to buy the actual book for various reasons. Firstly, it's a way to support the author and show appreciation for their work. Secondly, people like myself don't like reading digital books. I have always preferred a physical copy I can hold in my hands than starring at a computer monitor, which I already do way more than I should. I also enjoy seeing my progress, as the amount of pages I have read increases, while those that remain to be read decrease. You don't get that from e-books. Those digital page numbers mean nothing to me. FWIW, O'Reilly (the publisher) also sell the book (both digital and physical version) where they also let you read it online for free. I thought these were new books in 2024 lol and it's the same old books of 5 to 10 years ago  To be fair, OP doesn't say anything about new or recently released book. Although i can understand some people might assume that. |
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And What about as a research tool? Chat GPT really helps to you skip the learning curve if you know how to use it correctly.
Skip learning curve or just save some time? If we can't avoid it which we definitely can't, that means that Chat GPT is veriy similar to BTC in this aspect lol.
But ChatGPT is black box, while Bitcoin isn't. What do you guys think about Chat GPT? I'd love a Btalk Bot that has kind of like a chat GPT engine but geared direclty towards helping the users/ newbies with literally anything.
Literally anything? I've seen ChatGPT or similar AI create wrong or even harmful information. |
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To me, it's just another jargon for a new type of tokens which are targeting newbies who think they will make money if they buy them. This gives me the vibes ICOs ---> ITOs ---> STO's ---> IEOs ---> IDOs, if you get what I mean
That's true about the nature of this scam but I'd like to clarify for the readers that the bold part is not exactly correct since these things are not tokens. It's just arbitrary data. To simplify a token has a definition and needs a smart contract on a smart contract platform where it is enforced. But since it's technical board, i'd like to clarify some Bitcoiner don't categorize it as token since it's not part of Bitcoin protocol. It's just arbitrary rule created by certain people or group and hope everyone (e.g. wallet and exchange) follow the rule properly. While Bitcoin node would reject invalid regular Bitcoin transaction, Bitcoin node doesn't reject invalid transaction to create/mint/move that token. |
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If no one can test it with a real Coinbase PDF, would it be possible to test it with the method ABCbits provided earlier on generating 3 random xpub's? I would really appreciate any help and guidance on this. The vault belongs to my love and if there is any bitcoins in there it'll help her tremendously. Can you be specific which kind of help or guidance you need? I already mention my computer environment and command used to run Coinbase tool. |
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I'm not native english speaker, but does that mean he claim himself as some kind of god? CMIIW.
Yes, it seems that he believes he is a reincarnation of Buddha, or at least he tries to pretend so in order to swindle people. I just checked his recently created post/thread and found this. - The real Messiah is already here but me (he) did not receive the support I need in order to connect, to understand, to help the rest of this civilization.
Looks like it's true he claim himself as some kind of god. |
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I don't know whether your addon is legit or not. But is there any reason to use your addon when there are open source wallet which have privacy feature (such as Sparrow Wallet)? In addition, using exchange for privacy can't be categorized as CoinJoin or mixer.
Because the post is new, I havent got any vouches yet, I know there's too many privacy-focused crypto wallet but my add-on let you to use Exodus throug a TOR relay. And many privacy-focused wallet also let you use Tor. In addition, using exchange for privacy can't be categorized as CoinJoin or mixer.
Although this is true, the forum definition of a mixer does not say that. The service above can be considered a mixer because it falls under this condition. d. If the site internally converts your deposit into other things as part of its mixing, but ultimately the point of the product is to get your original type of property back, then that's a mixer, not an exchanger.
That's true if we're talking about broad definition stated by theymos. But usually i refer to service which explicitly call itself as mixer or remove link/connection of your coin. |
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2. Rather than exploit witness data, it seems they exploit public key on P2MS (Pay to Multi Signature) address. It also means they don't need to create 2 transaction for single SRC-20 operation.
This looks like this is an even more obfuscating way to store the data, as this way they look like "regular" P2MS transactions. It would become difficult to create "patches" to block this kind of tokens ("the LukeJr way"). It's basically what I feared what would happen if these patches get more popular, and why I think this approach is useless. That's true. I expect patch would be difficult since there's small possibility you create regular P2MS address with same header. If i'm right, that means SRC-20 create less bloat compared with BRC-20. Nevertheless, i still believe they should use sidechain or LN for this kind of thing.
It does create bloat in a much worse way because it is creating non-spendable outputs which would remain in the UTXO set until the end of time! Considering the size of the arbitrary data they maliciously injected into the blockchain in the example used in that link, it is a dumb way too since OP_RETURN allows storing 80 bytes in a standard way while not creating a UTXO set bloat. Good point. I was focusing about blockchain/transaction size and didn't notice it create several UTXO which can't be pruned by Bitcoin Core. Although looking at example data shown on the documentation, it has size more than 80 bytes. |
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I'd like to go reasonably cheap... If you have serious money...
I definitely don't have serious money. I'm spending every dollar on sats, especially before the halving. I'm leaning toward going with this: DELL OptiPlex 5050 Micro Form Factor (Intel Core i5-7600T, 16 GB DDR4, 256 GB SSD) $135 And like I said, I already have a USB external 2 TB SSD that I'll use for storage. EDIT: I bought it. This should be a fun project. That mini PC looks good. Anyway, take note external storage isn't very reliable. In few cases, there's not enough power if you use multiple USB port at once which cause random disconnect. And if you use OS or package which setup almost everything with you, be careful it may use internal storage to store blockchain files by default. |
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I'm not fan of NFT, but i'm surprised anyone actually use RGB protocol (since almost everyone fixated with Bitcoin on-chain). I'm not interested to help, but i wish your project receive attention so more people use RGB protocol or other protocol located on Lightning Network or sidechain.
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I don't know whether your addon is legit or not. But is there any reason to use your addon when there are open source wallet which have privacy feature (such as Sparrow Wallet)? In addition, using exchange for privacy can't be categorized as CoinJoin or mixer.
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If I'm Satoshi Nakamoto How do I prove it?
FYI some people believe real Satoshi wouldn't return and would assume anyone who claim as Satoshi as fake. Would an original Whitepaper doc be sufficient or do you think that there would still be critics? I know there would still be critics, Im just asking what do all of you folks think?
No. But rather than critic, there would be many disbelief and skepticism. faketoshi CSW attempt to forge several document/file (which found out by government) which makes people more careful against such proof. |
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This is a really good measure that will reduce the abuse of your Testnet; I don't know what the point of them draining the Testnet Bitcoin faucet is. Do they think these are real bitcoins on the main networks? lol
There are a lot of crypto scams happening nowadays, and this testnet bitcoin can be used to scam others who are not aware that it's a testnet BTC that can't be used for anything and can't also be traded. I have come across such a scam before where I saw someone's Coinbase wallet being loaded with one of these testnets of bitcoin, and the person said that it's real bitcoin. What surprised me about that is how they were able to make price reflections on that testnet BTC, like the same bitcoin value is showing and displaying in that testnet BTC. As stated by @dkbit98, one possible reason is completing airdrop tasks. In past, a former Bitcoin Core developer state there are scam ICO which demands testnet Bitcoin. There is a shitty/scammy ethereum ICO thing right now giving people shares in exchange for testnet btc, this is totally screwing up the usability of testnet and also causing antisocial dickwads to waste all our time begging for testnet coins without disclosing that the only thing they want them for is to make a quick buck.
I will be editing posts in this thread to remove any testnet addresses people paste.
Please don't give TNBTC to people who are just hoovering it up to paid by defi scams based on it.
Real testing just needs tiny amount, the people who "need" large amounts are selling it. (technically trading it for defi testnet defi tokens which they expect to get converted into real value once that scams they are participating in go live).
This abusive and anti-social behaviour has made it hard for people to get testnet for actual bitcoin testing because they've drained all the faucets and conned the people that have historically given it out out of theirs.
It's also forcing bitcoin development to abandon testnet for testing.
I don't know what the point of them draining the Testnet Bitcoin faucet is.
and can't also be traded.
Unfortunately, there's a platform that provides unethical services for those who'd like to get something for their testnet coins [as much as I hate to say this, I think we need another reset]. Or use either regtest (testnet only on your device/network) or signet (semi-controlled version of testnet). |
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To other reader, i just found SRC-20 technical specification which can be seen on https://github.com/hydren-crypto/stampchain/blob/main/docs/src20.md. Here are some interesting details, 1. They use MessagePack and Zlib to reduce size of the arbitrary data. 2. Rather than exploit witness data, it seems they exploit public key on P2MS (Pay to Multi Signature) address. It also means they don't need to create 2 transaction for single SRC-20 operation. If i'm right, that means SRC-20 create less bloat compared with BRC-20. Nevertheless, i still believe they should use sidechain or LN for this kind of thing. I don't know general consensus, but i believe both protocol should use one of Bitcoin sidechain rather than Bitcoin on-chain.
Storing the data somewhere else would be self-defeating since the inscriber's objective is to put the data in the most secure, most widely distributed place (which is the Bitcoin blockchain itself). That's true. I mentioned sidechain since i don't like people storing arbitary (which usually have relative low importance) to Bitcoin blockchain, while wishing sidechain could be more popular. |
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I think in order to be mad at someone for spreading misinformation you have to determine if it’s being done because the person is an idiot and doesn’t understand something that they think they do, or if they are genuinely trying to spread FUD. Both are possible, but one is evil.
It's hard to measure such thing. So it's more practical to use different measurement such as whether the information could less to financial loss or how frequent someone spread misinformation. Although IMO most of them simply copy-paste whatever generated by AI they use. |
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Hello everyone, as far as I understand, SRC-20 is better than BRC-20 regarding data permanency.
Both of them have same data permanency when it's transaction included on Bitcoin blockchain. I think you need to clarify your statement further. Why are so less people talking about it?
Probably because there are so many standard about token/NFT created, although none of them are part of Bitcoin protocol. What does the Bitcoin community think of this protocol?
I don't know general consensus, but i believe both protocol should use one of Bitcoin sidechain rather than Bitcoin on-chain. |
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And how long it's needed to get a private key from a public key using your math formula and modern GPU?
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The command: --reindex-chainstate deletes the chainstate and creates a new chainstate from the blockchain.
Although as reminder, --reindex-chainstate will redownload whole blockchain.
So will that result in a smaller or significant difference folder size after such a reindex ? Please provide some folder sizes before/after if possible. Thanks a bunch in advance. What I still don't understand how two fully-synchronized non-pruned nodes can have different sizes of the chainstate. That makes no sense to me. citb0in Sorry, but i don't want to run reindex-chainstate since i only use HDD. But i don't expect much difference, where you only gain about 1GB free space. You better upgrade your storage, clear all cache on your OS and delete unused files. |
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I do come across wrong information too on other board of this forum and I wish a thread can also be specifically created where user can report members who are steadily passing wrong and misleading information to readers.
@OP, I like the idea of this your topic. I don't contribute yet on the technical board because I don't know much about Bitcoin technical and I am still learning from the technical boardboard, until I have a good knowledge about technical related issues, that is when I can comfortably make comment there.
It is better to keep mute or ask questions when someone don't have any knowledge about what is being discussed else they will just give wrong information.
Yeah, wrong information happens on all boards. But on technical board it's especially worse since there's expectation people know what they're talking about. This user continue to spread false/fake information. Electrum primarily supports Bitcoin. If your friend is dealing with a different cryptocurrency, they should check whether Electrum supports that specific coin. Importing private keys or seed phrases comes with security considerations. Make sure your friend understands the risks and takes appropriate measures to keep their private information secure. o import cryptocurrency into Electrum, your friend will need the private keys or seed phrase associated with their wallet. Ensure they have the necessary information before attempting any import. Electrum itself doesn't charge fees for importing funds, keep in mind that the blockchain network may charge transaction fees. These fees are usually variable and depend on network congestion and transaction urgency.
1. Electrum only support Bitcoin. 2. While there are Electrum fork which support altcoin, usually it have different name. For example, Electrum-LTC or Electron Cash (for BCH coin). 3. Import private key doesn't create new Bitcoin transaction, so there's no point mentioning TX fees. It's only relevant if he's talking about sweep private key. 4. It doesn't really answer OP's question. During the wallet creation process, you may have the option to set up a BIP39 passphrase. This is an additional word or phrase that acts as an extra layer of security.
If you choose to set up a passphrase, make sure to remember it or store it securely.
This reply created for thread about Electrum, where Electrum doesn't create BIP39 words but rather Electrum Seed Version System ( https://electrum.readthedocs.io/en/latest/seedphrase.html). In addition, this reply doesn't answer OP question at all. |
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Do you have personal experience or know documentation that --reindex-chainstate actually reduce chainstate size? After all, chainstate basically just LevelDB (key/value) database.
His chainstate folder is 11GB in size and based from his post history, he's been using his node for a few years now. On the other hand, I have a recently fully synced node with 9.8GB chainstate folder. Good point. I just found out size of my chainstate folder has smaller size. The command: --reindex-chainstate deletes the chainstate and creates a new chainstate from the blockchain. Here's a post in bitcoin stackexchange that explains how it work: https://bitcoin.stackexchange.com/a/117435I already know LevelDB has some optimization, but didn't know it doesn't fully optimize/reduce size of it's DB files. Although as reminder, --reindex-chainstate will redownload whole blockchain. |
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