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Do not mind the articles you are reading online, some are just with false information based on the little they know. You know block reward for bitcoin is 10 minutes, did you think it can not be reduced to 1 minute? If this will disrupt the bitcoin mining reward, halving and some protocols Satoshi has set, so let us leave bitcoin aside, did you think the algorithm can not be set to 1 minute for another PoW coin which will make the scaling faster? Also do you know the block size can be increased? Like bitcoin using 1M, it can be increased to 2M or more for fast scaling. I know those I mentioned will only lead to hardfork, that is why I said we should leave bitcoin alone, but generalizing PoW is not having fast scaling is not right, it depends on the algorithm and protocols used. |
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Proof of work and proof of stock are two common methods in crypto currencies. Which mechanism do you think is better? Proof of work in coins like Bitcoin or proof of stock in coins like Polkadot?
Read through it again to change two typo errors, it is proof of stake. * Fees and performance
Proof work: Low speed and higher fee per transaction.
Proof stake: Faster node consensus and more scalability.
I do not believe this, people only making use of bitcoin to make conclusion, do you think if bitcoin community agree to make bitcoin more scalable with PoW not changed, do you think it is not possible? It is possible. Litecoin is using POW, transaction is 3 minutes to complete with low fee. Dash is using POW, transaction is completed almost instantly with low fee. Digibyte is using POW, transaction is completed almost instantly with low fee. |
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I think one of the things to do to trade a new listed project is to wait till when the price is stable.
The price of a stable coin can not be stable, that is why they are used for profit but can result into loss in the process. The best time to trade a new project is to have been following it before launch and buy it from the begining, if the price pump, you will sell and gain and leave little remaining. Most times price usually pump and then dump then it will pick up later due to traffic trading and then later dump.
Yes, if I see the price already pumped, I do not buy it again, also I prefer existing coins which are less risky. |
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- Ensure your Telegram username does not match your name on Bitcointalk. It only takes a moment to change your username!
There is nothing bad for your telegram name to match your bitcointalk username, one has no harm on another if you protect each account very well. |
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Training your children enough to know what seed phrase is, know all about ways to recover and use bitcoin, make sure you do not hide this from them in a way if anything happens they will be able to locate your seed phrase to recover the bitcoin. Educating your hire is very important and do all you think they will not miss it.
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I will advice you to watch out for new, if you do not yet hear any big company that invested recently heavily on bitcoin, do not yet buy, still wait. Also watch out for other news like the 1.5 trillion stimulus that US wants to give it's citizens for Covid-19 relief, watch out for any other positive news about either whales are still having bitcoin in wallet or moving it to exchanges, having it on wallet means they are still holding.
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There are some members that are merit source, they are given certain amount of smerits each month, they distribute it to other members based on post quality and usefulness. The smerit are sent to quality posts, if you have quality posts, any 2 merits sent to you will give you 1 smerits automatically, which you can also send to others that you see their post quality of it.
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Fxtrademax is a scam site with copyright of over 50 websites contents. They are not traders so do not trust them.
Even if they are traders, they should not be trusted. 9% daily profit is too high, it seemed more that it is a scam, but what greedy no experienced newbies may fall for, but this scam is obvious not to believe. I prefer to use legit sites like binance which have less than 2% annual profit for bitcoin but in a way it will be calculated and be given daily than fake ones. |
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You have misunderstood what is going on here. A brainwallet is generally created by taking the SHA256 of any arbitrary data or string, and using that 256 bit output as a private key. They are incredibly insecure and widely recommended against. In the cases that OP has quoted, people have taken an existing address, hashed it, used the output as a private key, and calculated a new address based on this private key.
I have just gotten this right, this is just bad enough, I have not created brain wallet before, even to create a wallet I will go for paper wallet in this case or most preferably use the HD wallet. The wallet most not suggested to be used are brain wallets. |
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At least you need to have the wallet file or the seed phrase or the private key, if part of the seed phrase is lost that will be better as some recovery service will help you out. But when you have nothing that can help to recover your wallet, I think you need to know the recovery is impossible. Do not believe anyone that will tell you he can still recover the wallet for you because the person will just scam you.
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It is not possible for posts to be deleted without members being informed, if moderators want to delete post, a message will be sent to user's email to notify him, also immediately he will got a notification message on his account on this forum about it. But there are some reasons moderators will not send notification or email, if the user is a shitposter, he will just be banned and his post will all be deleted as it has not usefulness.
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There are not more than 400 to 500 exchanges that are legit, out of them, the better ones will better be followed, if you check coingecko, you will be able to see the lists of exchanges according to their trading volume, the best ones are on the top of the list, you can research if the top exchanges have coins or tokens, like the binance which have BNB, exchanges like huobi also have its own coin and some like that. But exchanges with low trading volume, better not to go for their coins or tokens as it is risky.
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This does not look like passphrase, it looks like a bitcoin address that start from 1 called legacy addresses, two also start from 3 which is the compatibility segwit. Sharing these to public does not have any effect on your wallet, what must not be shared are private keys because it will be used to take away all your bitcoin, the public key should not also be shared because it will let people to know all your transaction history if it is master public key.
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BTC tx are not private. They are public while with privacy coins like XMR, ZEC, you can have tx which info isn’t public. You can hide amount or you can hide sender addresses with privacy coins.
I used to know these coins as privacy coins. May be I'm wrong.
Do not get me wrong, nobody says bitcoin transaction is not available to the public, the bitcoin blockchain database is available to the public. You need to know the difference between privacy coins and anonymous coins. Bitcoin is a privacy coin, you can not link the owner to the bitcoin they have but you can only track the bitcoin on blockchain, while anonymous coins makes the tracking not possible. That is why we need to make all possible steps towards privacy like mixing and coinjoing and knowing ways to spend bitcoin privately without it linked to out personal identity. And know that if terrorists, money launderers and other online criminals start to know about these anonymous coins, the use of it will increase. |
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There are two other ones I know, Dash
Dash privacy features isn’t better than Bitcoin. That’s what have been said officially by Dash twitter although I didn’t check much about Dash privacy features. I can't remember if they are using some privacy option like ZEC and XMR. From a technical standpoint, Dash’s privacy functionality is no greater than Bitcoin’s, making the label of “privacy coin” a misnomer for Dash. We have reached out to @BittrexExchange to request a meeting with their compliance team. Hopefully this will be rectified soon. https://twitter.com/Dashpay/status/1345093269919854592?s=19I hope you read all my comments, did I mention Dash is private more than Bitcoin? No. Not privacy feature, it is anonymity feature, bitcoin is private enough.
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Few old projects have made the ATH, like enj, doge, bnb, eth but most of the old projects are still far away from the ATH.
Older projects also increased in price very well, but truly new ones increased more. But altcoins that are millions of dollars before in marketcap are now billions of dollars, including the old ones. Can we call the current situation bullrun for altcoin?
There was a time bitcoin did not increase after the initial increase but altcoins were increasing at the time so significantly, such time is called altcoin season. Later bitcoin also increase as the altcoins were increasing, if you study the market very well, you will notice and it was obvious. So, when are we having altcoin bull where altcoin will be outperforming bitcoin? Or no more such things happening at all?
Answered, but in addition, know that no coin is stagnant. |
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It has all of the goodness of the original Bitcoin (21 million coin supply, PoW, etc.) but with added privacy.
A coin that has zero knowledge proof that can not be tracked on blockchain, I can well use it to mix my bitcoin if I have plenty of bitcoin. If we take into account Zcash's limited supply and built-in privacy features
Not privacy feature, it is anonymity feature, bitcoin is private enough. What are your thoughts about Zcash?
There are two other ones I know, Dash and Monero, if the price of one of these coins is rising, I noticed other two follows as they are the most common anonymous coin existing. |
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XRP because if it is adopted by banks, despite having billions of coins, could become a mainstream tool for banks, etc.
If ripple lose to US lawsuit filed against ripple CEO, just leave it, ripple can not be that strong, though will still be existing. Also there are rise in approaching CBDC, if this is finally used by countries like China (Reminbi called digital Yuan) and USA (Digital Dollar), many other countries will join and the sole reason to use ripple which belongs to fake CEO will not be necessary. The coins I know will still be existing are the decentralized ones like bitcoin, ethereum, litecoin, and of such. There wi be many more cryptocurrencies that would have being created also in addition to the thousands of existing ones. |
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