If you imported both compressed and uncompressed addresses and none of them returned you a balance, then it means there isn't one.

Obviously, the most profitable way is to sell when the price has made the highest climb and to buy when it's dumped the most. The problem is that you cannot know when these happen. Only if you have enough money to manipulate the market temporarily you can lower your risks. Otherwise, it's just gambling.

Yes.

I think that saying to be careful with new meme coins is like telling us to be careful before we enter something that will corrupt. Don't enter in the first place. This quote says it all;

Lots of people have read it, but they only focus on the latter. It's the higher f*ckin' risk. When you're buying meme coins you essentially buy a position of the pyramid. Whoever takes meme coins seriously should firstly understand what's a meme and why they're named “meme coins”.

These articles are written usually from haters and since it always had haters, this occurs often. If you notice it, they keep their mouth shut during bull runs, but appear in bear runs when they believe they were right.

Their attitude towards bitcoin is justified. It is called psychological projection.

Aren't you find your sayings a little paranoid? Alright, let's assume that Alice has been encircled from dishonest nodes who're ran by the attacker. In order for the attacker to make those 6 confirmations look like they've come from the honest miners, they have to gain access to a LOT of computational power.

For instance, if each block is generated every 10 minutes averagely and they want to make it look like a bad-luck scenario (100 minutes each block) instead of an obvious sybil attack, they still need to accumulate a 10% of the total hash rate.

And note that there's no way for the attacker to be 100% sure that Alice is connected only to dishonest nodes, other than compromising her computer. And I'm asking myself, who and why would wanna do this?

What it must adhere to in order for a currency to be global? Maybe, global usage? If that's so, I think the cryptocurrency industry pretty much does.

Hmm... Equal's a tough word. If you mean that it can't rob you, same way banks do, then yes. Otherwise, every enthusiast who found out about it in 2011 is already above an enthusiast of 2021. It has a hierarchical shape, we ought to admit it.

I just read what a userscript is. Would you mind explaining to me how would that help?

Controversial; how will it remain simple? At the moment you just enter the website url with a slash and a “price”. (With a slash)

I've already done this.

I do have some money. If I see it gaining resonance, I'll buy it. At the moment, I'll leave it on the invaluable blackhatcoiner dot com.

From where couldn't you download 18.1's qt version? Bitcoincore.org? It didn't exist in the server? And what does it have to do with the building? The executable from the Bitcoin Core page wouldn't work for your altcoin. You had to just build it using the source code.

Is there anything that I've not understood properly? Judging from your text, that's the problem I've understood you're facing.

Depends solely on what you're trying to achieve. If you just want to test the transaction system, let it be 18.1.

Isn't Bitcoin advertised for its privacy? Also, the LN isn't a private network. I'd say that your payment channels are just hidden from the public.

These are the ones intended to use it. If it won't be used from regular people, there's no reason to develop it. We all contribute for it, to become adopted by the crowd; to be considered the usual payment method.

I don't understand the relation between Apple and the CIA, neither this question that is suppose to... be an argument?

But, it wouldn't be (acknowledged and) revoked. How would Bob have gained access to the very first commitment transaction's revocation key? Don't they both publish penalties only if the transaction they're publishing is not the newest commitment transaction (that hasn't been revoked yet)?

Because I've probably confused its meaning. Isn't HTLC a hashed timelock contract? Doesn't that mean that it's an “agreement”? A condition where both exchange commitment transactions?

I think the way revocation keys work is the only serious thing left for me. I'm reading the lnbook of Andreas Antonopoulos, Olaoluwa Osuntokun and Rene Pickhardt, which is perfect for newbies in this field like me. 

I haven't fully acknowledged the way they work so I said why not asking my questions here?

I think that every day that passes, it blunts this phenomenon.

The lightning network was highly criticized in 2018-19 with FUDs like centralization. Now that most of them have understood the concept in a technical level, they're probably supporting it. During that time, there was a lot of development in OSes such as myNode, Umbrel etc., that made it more user-friendly and attracted those who were “afraid” to use it.

Don't you find it oxymoron? The Lightning Network does what Visa does, but without Visa.

People use IOUs if it's comfortable. For instance, prior 1971, it was much easier to use a banknote rather than gold itself as a currency. In the case with bitcoin, they're both equally comfortable so I don't find a reason to have IOUs.

Lots of bitcoin users already transact with IOUs. Take for instance, the ones at Binance.

This is definitely an invalid argument.

Their reputation is worth (probably) a lot more than your lost money. Same applies to every other custodial services. Just because they didn't cheat you on many of your deposits doesn't mean they won't. If they're anonymous, the more the money you've deposited, the more they're incentivized to steal them.

Who says it worths $1300? You?

Its original idea isn't going to ever happen unless the whole world adopts it. That's our bet. That's why you should hold it; because, based on the current adoption rate and the scenario where the whole world uses it as a global reserve currency, its market cap is going to blow up.

Who says such thing?  

I understand your confusion. The internet is filled with garbage when it comes to bitcoin. The kind of articles I'm referring to may already have affected you negatively.

The above answer should be enough if you were wondering what's the point of bitcoin mining. However, I'm going to reply to this specifically:

The miners are rewarded in bitcoins, not in a fiat. For instance, if you successfully solve a block, you will be rewarded with 6.25 BTC regardless of the exchange rate. This means that if the price rises, then the miners' reward will also worth more. Hence, they're even more incentivized to mine. So the main point of mining bitcoin when its market value goes up is that you can have a greater income with the same cost, which means more profit.

It's not just the checking and the verification of the legitimacy of the code. You shouldn't forget; since it's open-source, the other applications' developers can read its code and update their apps in a way that they interact with the open-source one.

You have to ensure that your machine is clean. If it has caught anything weird, it's recommended to not move/sign anything. Even if you've downloaded from the correct website and verified the developer's signature.

I find it highly risky.

Think of this; you make an agreement with a stranger whom you'll be giving money to and after a certain period, he will return all of your money plus an interest. Now imagine that both of you are anonymous and the stranger can behave fraudulently without having any forfeitures.

Is there any reason I should be trusting him? Just because he's built a remarkable reputation doesn't mean I'll be handing over my coins to them.

When I can't use the Lightning Network, I pay with bitcoin, cause that's the only electronic asset I'm holding. Otherwise, I enjoy the comfort of our second-layer solution which is extremely fast, cheap and practical.

I find no reason of existence for Litecoin and Dogecoin other than speculative. I also find Zcash useless since there's Monero. Ethereum isn't going to ever scale. Stablecoins are crap. I've heard some good opinions about Nano, but couldn't understand a thing from its whitepaper.

As for the last poll option, everyone's using fiat. I guess that doesn't make them fiat guys, right? 

What's the relation between Bob's revocation key and Alice's revocation key? You say that Bob can rip Alice off if he somehow gain access to her revocation key. What did Alice sign when she gave the signed commitment transaction to Bob? I think that's the hard part to understand. Is there some sort of public-key cryptography involved in the ack_and_revoke?

Bob shouldn't publish the first transaction in which he owns the entire 10 BTC, because Alice knows that commitment transaction's revocation key and can gain the RSMC output before the HTLC spending receives 144 confirmations?

What's an unsettled payment?

What's HTLC-timeout transaction?

So, to simplify; there are two ways to timelock. One is to sign after which block a transaction is considered valid and the other a specific amount of blocks that need to be mined after it's included in a block for its outputs to be spendable.

Is that correct?

In case I've forgotten to mention it above, assuming Bob tries to cheat Alice:  What's the relation between his and hers revocation keys so that if one of them has both, they can unlock the output?

---

---

Sorry if I've been tiring in this thread. I just have this symptom where I HAVE to understand every detail of the system that I'm using. You've used some terms that are unknown to me, but, hopefully, they won't be.

Reaching new milestones soon.

Price:


ATH: