Congratulations PrivacyG 1551 is indeed a rare and nice merit milestone. I hope on seeing 1661 sooner

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Congratulations also to serjent05 keep up the good work. I hope to see 1331 soon.

Merry Christmas my fellow Naija board members it's that time of the year to show love to the people around us .

Speaking of love , Alot of members including newbies have kept our Naija board active. So in my little way, I have decided to show some love and encouragement to them, by giving them a chance to earn some merits.
Bump ;
I will be exhausting my smerits here🙂

Alright here is the catch , this is going to be an art contest. Participants are required to create an art as a way of saying: "Merry Christmas to Naija board".

Rules
1. Participants are required to create only one entry which can be edited till the close date of the thread.
2. Participant must be an active member of Naija board
3. Please do not use AI content.
4. Please  be sincere and don't make use of alts.
5. Art should contain a Bitcoin logo.
6. Thread will be open till 31st of December 2023.
7. Please do not spam this thread.
8. Contest will be open for all ranks (please let's give the lower ranks  a chance of winning 🙂)

Prizes
1st- 10 merits. + $10 in usdt
2nd- 7 merits
3rd- 5 merits
Note prizes may be slightly increased.

Judges

• Fivestar4everMVP
• Charles-Tim
• Mpamaegbu
• SatoPrincess
• wiwo
• Majestic-milf

special thanks to Fivestar4everMVP for his donation of $10 to support the contest.
I won't be a dictator in this thread . Reputable Naija board members would be judges to choose the respective winners.
Donations in any form to improve prizes will be appreciated.

Good luck. Don't forget to spread the Christmas love.

I am reapplying
Username: Mia Chloe
BTC address (SegWit): bc1qxw775lqnzd90hta5mfyvhcsgajml2skuypu2aw
Merits Earned  in 120 Days: 171

Hatchy has undoubtedly put a lot of effort into trying to organize translations on our local board, and I commened his effort.

Most times reading long topics can be quite boring but when most of these threads are translated to our local language (pigin), they tend to be more interesting and thus we are able to grab the right information just like 1miau mentioned.

So let us endeavor to break down most grammatical words when translating and also make sure to pass the right information.
An Applaud to every niaja translator.
Keep up the good work .

Hi 1miau my translation is ready.
Here is the link ; Why E de important to avoid to de tell people about crypto way you get.
Was really an eye opener and interesting topic. I am very sure my local board members learnt a lot from it.

You get your private keys from seed phrase, and not your seed phrase from private keys.
Most wallets can generate multiple private keys to sign transactions from your seed phrase, and if you are to do that you would need to have the master private key.
I think Exodus wallet can carry out sweep but not sure if it's available on Android.

Sometimes the things we take as ideal are the ones majority of people accept as ideal. Logically I believe BCT sounds more genuine but due to frequent use on the forum BTT is more popular.

I even tried typing both abbreviations on Google and to my surprise Bitcoin talk came as the second result for both searches.

A lot of users use BTT. And although voting can change the frequency of it's usage it won't be easy because many are already used to using BTT.

One or the Most significant reasons for the creation of Bitcoin was,to create a currency easy and suitable to be used for peer-to-peer transactions.
During the first eight to nine years of its launch, Bitcoin actually achieved this goal, With fees considerably low as just a few cents. However things began to change at about early 2016 when fees began to increase noticably, and during late 2017 when the mempool started having congestions, which influenced transaction fees directly.

Of course, One can say the reason for the very low fees during its earliest stages was a result of low adoption and a less congested mempool. We can also confirm that due to the problems of competition for block spaces which led to high fees, Bitcoin's block size was increased on August 24, 2017 by the application of the SEGWIT protocol upgrade known as "Segregated witness" in full. This definitely helped in malleability of transactions by separating the signature data (withness data) from the transaction data to free up block space.

Other solutions like the layer 2 that became popular during 2018,also helped reduce congestions and fees by conducting majority of transactions off the Blockchain making transactions more scalable and faster.

However, upon these upgrades and solutions, as Bitcoin grew the congestion problem has  become more and more prominent especially due to the effects of ordinals in recent times.These congestion and fee problems are gradually exempting the need to make simple day to day transactions with Bitcoin thereby bring the need for people to make small transactions with other stable altcoins like Tron and Doge.

Take for example this post made by Hhampuz who is one of the most reputable campaign managers on Bitcoin talk.
In that post Hhampuz made mention of spending roughly $200 /week on fees for each campaign. Now assuming Hhampuz managess 5 campaigns for 15 weeks, taking the math he would have spent an enormous amount of about $15,000 (~0.34BTC) on fees only. Considering these enormous fees P2P transactions would become  uneconomical.

Rank- Full member
Segwit BTC address- bc1qxw775lqnzd90hta5mfyvhcsgajml2skuypu2aw

I think you are confusing the hierarchical deterministic (HD) wallet feature. These wallets mask your transaction trail by generating new wallet addresses after every transaction. This done by creating a series of private keys consistently to sign transactions.
Ledger is an HD wallet op.Others are Exodus,Trezor and lots more.
Mycelium which is one example of such wallets is also a mobile wallet.
It is also important for you to understand that although ledger is an HD wallet it uses a single "send from" address to make it easy to track transactions. Though you can modify that in your ledger wallet settings. You can make use of Bitcoin core if you are having issues setting up multiple "send from" addresses.

Wow!! ,this is a great leap in security progress. Thanks to PowerGlove and theymos. I am definitely trying this out😁.

You can make use of free accelerators online like the ones suggested by Charles-Tim.but mind you even those free accelerators have a minimum amount they will accept before adding your transaction to their block .

Bitcointalk username: Mia Chloe
Prediction 2: $44,354.68
Bech32 Address: bc1qxw775lqnzd90hta5mfyvhcsgajml2skuypu2aw

Username: Mia Chloe
BTC address (SegWit): bc1qxw775lqnzd90hta5mfyvhcsgajml2skuypu2aw
Merits Earned  in 120 Days: 148

My contri pipo I greet una oo
Many many times I don see pipo way lose dem funds to scammers and hackers dem.so dis matter way I wan Yan so go fit help us.
To de take start watin b d difference between hacker and scammer?  Now many many times pipo de mistake hack and scams matter but true true Dem no b d same.

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Now hackers dem de tif pipo data like card detail, Dem logins, location and many many other tins.now how many of dem take de work? Dis hackers Dem don upgrade well well as time de go .most of dis hack way Dem de do na phishing. Now 4 pipo way nova Fe hear of phishing make I explain am .dis phishing na method way Dem tay de tiff pipo details. 4 dis phishing matter hackers go create fake of beta company way ge level come use am as link take tiff ur data.4 example wit dis phishing  hackers go fit create fake Facebook page com send link give u and wen u click am come fill in ur data press login, all dose detail go send give Dem. Some of Dem sef de use some software take de monitor ur fone once u click dose link .with am dem Go fit get beta information from your fone take tif you. To take avoid hack some of d tins we fit do na ;

• Avoid spam emails; many hack way Dem de run na through phishing link and Dem Dem mostly de send am go pipo email, text or even deir social media accounts. So de check if any link na phishing link b4 u click or open am.
• de use official tools ; many times pipo de like install mod app or software enter Dem device and dis matter no clear bcos dis apps fit get back door from dis hackers Dem to take tiff ur data.
• mind d kind site u de visit; dis one de very Important. Many pipo de visit different sites way no clear even wen deir device de warn Dem. Many of dis site de carry malware way fit infect ur device.
• de careful of permssion ; many time if we de install apps we go just de press yes yes de go we no de read d kind permission way d app de ask sometimes b4 we grant am.And no b so e suppose b. So make we try de read all dis permission and de cancel d ones way no pure.
• de use spam protection; many devices now get software way go fit help u no if most message na spam. But some devices no de on automatically so u go need set am by ur sef especially 4 ur fone message setting. If u set am e go help u de filter all does message way ressemble scam.
• de read article; dis part don help me well well personally. Make we de read scam and hacking tactics from time to time as e go help us no how to take notice am quick b4 e de too late.

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D scammers Dem de different one kind . Now scammers na pipo way go come meet u with beta offers to take cover ur eye tiff u .e no b like hackers way de tiff ur data but u no go no scammers De juns u collect ur data. many of us sef go don experience dis pipo 4 social medias .some go bring offers like say Dem wan help you, some go even call u de claim say Dem b bank pipo and many many others. But d big question b say hw we fit avoid all dis pipo.

• De contented ; d reason y dis scammers de catch most pipo na bcos Dem get open eye. Most of Dem de fine quick moni way go de easy.
• mind hw u de share ur contact ; I don notice say many of dis scammers Dem de get ur contact from groups  especially 4 WhatsApp. So try de avoid contact gain matter way most pipo de like do 4 WhatsApp
• de updated ; always de try get info of new new scam matter bcos many of dis scammers de bring New format day by day ,bcos sometimes we need understand dis Dem tactics make we 4 fit avoid am. Remember say information na power
• no de rush! ; many times if dis scammers wan trick u tiff ur data Dem go make am  b like say na urgent matter make u 4 lose guard give dem ur info. So make we de take time check for scam if we de deal with pipo especially online.
• de careful ; to take avoid scam everytime we need de careful on how we de share our data especially 4 social media.
• de report scam ; sometimes if we notice scam we go jus ignore but nor b so e suppose b. So make we try to de report Dem as e go help cast their format and the social media fit block Dem I'd many pipo don 2 report dem.

Abeg my pipo make we de careful oo bcos e no de sweet at all if pesin lose e moni.

Thanks to Charles-Tim and a other thread way de help us catch scam and hack b4 Dem catch us.

Firstly I want to say a thanks to EL MOHA ,Shishir99 ,EarnOnVictor, Yamane_Keto ,Popkon6 and EFS for the congratulations
I also want to acknowledge
SmartGold01 ,Rikafip, yahoo62278 , Dr.Bitcoin_Strange ,CryptSafe  and lovesmayfamilis for your corrections I now understand the reason this thread wasn't much good I guess I was too much on the emotional side while I made this post.

This isn't the first time I am getting this false accusation.you accuse me of being an alt yet without any proof just only because of my post quality. You know many times here people say what they don't actually mean, like established members often complain about low post quality of most newbies but it's so unfortunate that when these newbies buckle down to actually learn and progress on the forum they get accusations from members with your mindset instead of encouragements. If you were to observe closely you would notice that although I joined this forum MAY I wasn't properly active until about September this is because I used most of my free time to surf the forum reading rules and other quality posts so I would get a clear understanding of how things work here. My question is that too much of a newbie to do JollyGood?

Op b like d kind wallet way u de talk about na hierarchical deterministic wallets" (HD wallets). I de familiar with mycelium and mycelium de use am. Dis HD wallets de change ur wallet address anytime way u make transaction. E de help de difficult 4 pesin to track ur wallet address so dis HD wallet matter com get extra privacy and security. Although say I no de aware for now if any CEX de do am .

As 4 dis matter e fit sti b say d pesin make mistake wen e de try copy d address.

Thanks mate  

Congratulations Lucius on this nice record 5353 is quite rare to catch


Congratulations to franky1 4000 achieved

It is calculated by how long you spend surfing the forum while  logged in. login in and being dormant won't count as your total login time only increases as you visit pages or refresh pages while you surf.

Happy holidays Bitcointalkers  
I am glad today and I wish to share with you my little achievement here on this forum ; My first 7 DAYS of total login here on Bitcoin talk (1 Week) I was quite excited to capture it😁



Yeah this may not seem like alot as there are members here with total login times of up to 160 days or even more. However my joy here is the fact that I was able to grow with the help of this forum from a total novice in the crypto space to someone with sound knowledge about Bitcoin basics. In addition to that amongst many others I have been able to understand privacy, decentralization, anonymity, dangers of KYC and lots more via this forum. I also want to use this medium to say ;