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7001  Economy / Web Wallets / Re: What is safest: Binance/exchanges or online software wallets? on: March 29, 2021, 10:01:46 AM
Yes, I know hardware wallets are the safest options, "not your keys not your coins" etc...
Hardware wallet is one of the safest, there are other safest wallets. Paper wallet is also safest, using airgapped device is also safest, multisig wallet can even be one of the safest in some cases, using electrum in cold form and one as watch-only is also safest. But, know that not you key not your coin still also applied to all noncustodial wallets, but the reputed ones are recommended.

But if I'll leave some coins in a "software", what is the safest option? Leave it in an exchange like Binance or trust a hot wallet like Samourai?
Not you key not you coin rule still applies here. Binance will not give you private key, which means binance will have the private key, which means binance have the full control over the coins you have with them as they are the one that will unlock the bitcoin on blockchain, you have no full control as it is not your coin on blockchain.

Exchanges are often hacked, because they are often targeted by hackers because of high amount of funds they are controlling.

The reason I'm skeptical about about other software wallets like Exodus/Samourai etc is because I'll have to trust that their software wont be hacked, nor my mobile phone. While in Binance/other exchanges, they have a whole team dedicated to that.
A malware that can hack your wallet can also easily hack you exchange account, but it is you that will have to learn ways to avoid your wallet being hacked.

Why is it harder to hack/attack a software/hot wallet than it is to hack Binance/exchanges?
Exchanges have so much funds with them, they are hackers target. Unlike noncustodial wallets that are hold by individual, any individual that do not also protect his wallet can result to hacked wallet. Also, exchanges are making use of hot wallets for storage.
7002  Alternate cryptocurrencies / Altcoin Discussion / Re: How Do I invest in Crypto and Which Coin Should I invest in? on: March 29, 2021, 09:26:12 AM
To investbin in a coin that has transparency characteristics, built with open source codes, which is decentralized in design and not controlled by any central authority, bitcoin is just the one to go for, which can also be used with open source wallet. There will always be price fluctuations, but even if newbie think he his losing, he should believe bitcoin is deflationary, and they the price will later increase,  although investing what he his capable of investing.

About altcoins, no altcoin is decentralized as bitcoin, but they can still also be good for investment in term of value, there are good ones that also increase in price during bull market, like ethereum and the likes, but someone must be careful not to go for shitcoins, some shitcoins are subjected to pump and dump, some can even become dead. 
7003  Bitcoin / Bitcoin Discussion / Re: Btc is better then gf on: March 29, 2021, 07:41:32 AM
Bitcoin has its use case, while girlfriends also have theirs, but life is money first, while bitcoin is money, but if there is no money, then the thinking will be otherwise.

Btc Only spends on  Transactions fees 8$
It depends, the last bitcoin transaction fee I paid recently was $1.9, and it was during the weekdays, and not longer than 2 hours. If I want the transaction confirmed faster, I can not use more than $4.
7004  Economy / Reputation / Re: Let's take action against unpaid Signature/Bounty campaign together. on: March 29, 2021, 07:01:50 AM
If a project scam you, or you were scammed while in a campaign, be it signature or bounty, you can create a thread about such it in scam accusation.

I created a telegram group for discussion about unpaid campaign. Group admin ship can be transferred to trusted forum seniors, if they want.
Why creating a telegram group to what should not go beyond this forum. Creating a telegram group for this is highly unnecessary and a way scammers might elicit there work.
7005  Local / Nigeria (Naija) / Re: Nigeria Local Board {Official language, Pidgin} on: March 29, 2021, 06:31:26 AM
Abeg e get anybody here were de provide liquidity poo
Nobody here can provide liquidity pool, only some kind of decentralized exchanges like Uniswap can provide liquidity pool in a way no need to make use of exchange order book which can lead to high transaction fee, this is common in exchanges that rely on gas fee in order to minimize the fee. Instead of such decentralized exchanges to rely on order book which will make the fee high, they rely on already deposited funds into smart contract as a form of pool which buyers can rely on for low fee.

I been think say risk no de for staking LP
Liquidity provider (LP) tokens, these are the tokens on Dex (decentralized exchanges) that are staked, these tokens are ETH and ERC20. Everything about cryptocurrencies are risky, but the risk can lead to potential gain or loss. Let me use some examples to illustrate:

Assuming you staked when ethereum price is $1000, and the price of ethereum decreases over time. Very possible for the LP to lose if his gain from the accumulated fee profit is not more than the amount lost from the price decrease of ethereum.

Assuming the LP have staked for some months and have gained from accumulated fee, if the price of ethereum decreased, he can lose. But later if the price increase back to the staked price ($1000), his gain will be from the stake profit from the accumulated fee.

But if there is a great fall of ethereum price, that means LP is losing already, if the loss is more than the gain from accumulated fee.

Which means the profit or loss depends on the accumulated fee gain and price deferential.

You can read this to know more about it:
https://pintail.medium.com/uniswap-a-good-deal-for-liquidity-providers-104c0b6816f2
https://uniswap.org/docs/v2/advanced-topics/understanding-returns/
7006  Bitcoin / Wallet software / Re: Extra security for a Wasabi Wallet? on: March 28, 2021, 11:32:02 PM
I once went on to create a "Wallet1" to do other operations, and then deleted that in the same way.

Now if I should go and generate a new wallet, and call it "Wallet0" (for reasons...), will that give me a brand new wallet with a different list of seed words?  In other words, would this "new Wallet0" be completely different than the "old Wallet0"?
Because you create wallet1 and delete it does not mean Wallet0 will be deleted unless you deleted it, and if you deleted Wallet0 along, that means you will need to generate another new seed phrase for another wallet entirely, or use the old seed phrase for wallet restoration. Wasabi wallet makes use of hardened pathway to create a wallet another wallet, which means new wallets will be generated.

According to your question, so far seed phrase are newly generated and different from the old one, it means another wallet is created which is not related to the old one.

Would repeat naming, using and then deleting "Wallet0" actually REMOVE that info from a hard drive?
All I could comment here is that anytime you make chances to your wallet, make sure you backup the changes also, and know that possibly the wallet backup can be corrupted at anytime. It is also very important to also rely on the seed phrase backup in case, which is also most reliable. But, if you backup your wallet file and name it A, if you change it to B without backup, it will been seen as A if restored from the hard drive to another new wallet if not corrupted.
7007  Alternate cryptocurrencies / Altcoin Discussion / Re: Efforts of holding wasted on: March 28, 2021, 05:07:31 PM
I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now
Some people, especially newbies do think low value coins may pump more than strong cryptocurrencies like bitcoin during bull run because they have low marketcap that can easily double, triple or increase more during bull run. But this mistake has made many people to lose in the paste, some of the low value coins will remain shit coins while some even gone down the extent of becoming dead coins, while ensuing investors to lose great amount of investment. Investing in strong cryptocurrencies are much more better and less riskier, people do even prefer to pump strong cryptocurrencies more than low value ones. But some people can be lucky about few low value coins that can pump more than expected at times, which means to invest most all investment capital on strong cryptocurrencies like bitcoin.
7008  Bitcoin / Bitcoin Discussion / Re: P2TR can make people that are using multisig wallets to increase on: March 28, 2021, 11:44:10 AM
Does Taproot reduce overall transaction size for non musig? I did remember that TR TXes are smaller than Segwit TXes by about 20bytes or so for a 1 input -> 1 output.
Schnorr signatures take up less space since the useless DER encoding is abandoned and the public keys are encoded without the first byte. (72 byte -> 64 byte sig & 33 byte -> 32 byte pub) 9 bytes reduction in total raw bytes.
Weight-wise that means legacy transaction's signatures have 36 more weight than Schnorr transaction's signatures.
I do not know much about taproot, but there is a transaction vsize calculator I have seen some months ago that included taproot transactions, according to the calculation I made by using it, P2WSH (segwit) transactions are still slightly lower to that of P2TR (taproot), this makes me think that because if this, segwit transactions will still be lower, but P2TR transactions will be best for multisig transactions because using Schnorr signature, multisig transactions will be indistinguishable from a wallet using one private key. But, as for P2PKH (legacy) and PSH (nested segwit) transactions, the vsizes are higher if compared to P2TR using the calculator. The calculator is also open source.
7009  Bitcoin / Bitcoin Discussion / Re: What are the official uses of bitcoin other then trading? on: March 28, 2021, 11:19:36 AM
Definitely!
This is what people keeps forgetting about when they say Bitcoin will soon replace fiat or soon replace the traditional banking system. Satoshi for sure didn't write something like Bitcoin replacing something in the whitepaper.
If cryptocurrencies are only currencies existing, the world will not balance, but existing with fiat currencies makes them perfect, but only the good ones like bitcoin. So, bitcoin is perfect because fiat are existing and have something to be compared with which it is superior over. I was thinking how the countries in Africa and poor other countries will be like if no fiat existing, countries that always devalue their fiat in order not to deplete much of their foreign reserve, if no fiat, they will all suffer as they import than export.
7010  Bitcoin / Electrum / Re: Issues with transferring btc on: March 28, 2021, 07:12:22 AM
You can move this to beginners and help

I found the issue. Electrum wallet with 2FA has a extra fee with every 20 transactions.
Yes, that is true, but there are two ways TrustedCoin charges fee, you choose for 20 transactions, while 0.00125 BTC can be charged for 100 transactions. I think if the fee is okay by you, increasing it to 100 transactions will be better than 20 transactions for low service cost.
7011  Bitcoin / Bitcoin Technical Support / Re: Unconfirmed Transaction on: March 27, 2021, 03:51:04 PM
I send the btc from my Bitcoin core wallter to my Trezor Wallet
Exactly as LoyceV commented about it. If you are the owner of the wallet, you have no issue as you can trust yourself. But, just in case if it is another person that is the sender, know that such transaction can be double spent into another address which is not yours.
7012  Bitcoin / Bitcoin Technical Support / Re: Unconfirmed Transaction on: March 27, 2021, 03:25:34 PM
How do I pump it?
I assume you are using electrum, on the electrum wallet, click on the unconfirmed transaction on the history page, then you will see the icon you can press to pump it.
7013  Bitcoin / Bitcoin Technical Support / Re: Unconfirmed Transaction on: March 27, 2021, 03:20:42 PM
The transaction is replace-by-fee enabled, you can decide to pump it, 10 sat/vbyte will get your transaction confirmed in the next block as the mempool is not congested for now. Or, you can decide to wait, maybe the mempool will still be more less congested before the weekend ends, and your transaction will also be confirmed, but it can take time.
7014  Economy / Lending / Re: Searching for a bitcoin loan between 0.001 BTC and 0.01 BTC for 1 month on: March 27, 2021, 02:21:08 PM
<...>
There are easy loans from countries to countries now, browse about companies providing loans in your country, you will see the one maybe you can fit in. But as of this forum, I do not have to repeat the valid reasons that can not ever get you loan. Even, unestablished users on this forum can not get a loan, not to talk of users that are trying to initiate an obvious ponzi business.
7015  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Do I send Ramp defi as erc or binance chain ? on: March 27, 2021, 10:26:51 AM
Its same but they have both different blockchains. One on eth network and one on Binance chain. I am confuse also before with this, like binance chain is simply like an erc20 address on a different chain. One thing or differences is the fee will be lowered on bsc network when you pick it over the eth network.
No, binance chain have different address entirely and not the same as binance smart chain. Try to check my post above. Or, let me explain it better.

Ethereum blockchain (ERC20)
Example if the address: 0xf750308545Bd20B3D6757af3A9d745824F7d0CBe

Binance Chain (BEP2)
Example of the address: bnb1r9w8xsxxn7wyf2jqqep70xxj3acqesv8ye3j9m

Binance smart chain (BEP20)
Example of the address: 0xf750308545Bd20B3D6757af3A9d745824F7d0CBe

Can you see that ERC20 addresses are the same as BEP20 addresses but completely different from BEP2.

People should not mistaken this, I gave OP that answer because he said on Binance, why Ramp not yet support BEP2 on binance, I knew he meant BEP20 (binance smart chain).
7016  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Do I send Ramp defi as erc or binance chain ? on: March 27, 2021, 07:46:51 AM
oh thanks, why do they have two if they are the same address?
ERC20 tokens are on ethereum blockchain and transferring funds to such ERC20 will require ethereum address, BEP2 is for binance tokens, if you issue a token on binance chain, the binance chain is BEP2.

ERC20 tokens addresses start with 0x which are ethereum addresses
Binance chain token addresses start with bnb which are binance coin addresses

But to bridge ERC20 with BEP2 (binance chain) is the reason for BEP20 (binance smart chain) which have its addresses starts from ethereum (0x-prefix) addresses.
7017  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Do I send Ramp defi as erc or binance chain ? on: March 27, 2021, 07:02:46 AM
You can move this to 'altcoins discussion'.

I currently have Ramp defi on my binance account. I want to switch it over to my trust wallet. I just don't know if it's an erc20 or the binance chain one or can I just choose?
Trust wallet support both, you can choose any of the two, don't you noticed both even have the same address, which is your ethereum address? Sending it should not be a problem.
7018  Alternate cryptocurrencies / Altcoin Discussion / Re: Another NFT sold for huge $$$ ' A column of New York Times on: March 27, 2021, 06:50:12 AM
The process is simple enough isnīt it?
The process is very simple, a digital painting and other virtual assets that have no value asre the NFTs, but the hype makes them to have value, it is what the world are going for which makes the price to increase. There alcan be hundreds or thousands of such art work, but the one(s) will be tokenized which makes it original while the remaining worth's nothing.

NFT are used by celebrities, but it will be good for the world to also make use of it for charity purposes, I have been reading recently how NFT are used to raise funds for charity purpose, this is done by New York Times.

The NFT of record: New York Times raises $500,000 for charity in NFT column sale
https://cointelegraph.com/news/the-nft-of-record-new-york-times-raises-500-000-for-charity-in-nft-column-sale

If NFTs are for charity purposes, I do not see anything wrong there, rather than celebrities selling what supposed to worth nothing at very huge prices.
7019  Bitcoin / Electrum / Re: Please Help: How to install Electrum on Ubuntu 20.04.2 LTS in a simple way on: March 26, 2021, 09:32:31 PM
First of all, make sure you want to download the electrum on a computer that is safe and has not malware. You will need to visit https://electrum.org/, click on downloaded, then click on Linux (Appimage), and download. Make sure you verify the GPG signature for Linux.
7020  Bitcoin / Hardware wallets / Re: Trezor One vs Ledger Nano S-which one is safer? on: March 26, 2021, 07:43:44 PM
1.Which one is more secure when it comes to connecting to PC (i don't plan to use smartphones)?
Both are secure, but if you want to use Trezor, make sure you use passphrase as seed extension for more safety, this will help you during theft.

2.What will happen if I have etc. Trezor and it get broken/lost/malfunctioned-can I still retrieve coins if that happens?
What should be more important to you is your backup, especially your seed phrase and passphrase. Offline backup are the best for safety reasons. If you have your backup, you have your coins in a way you will be able to recover the coins on another wallet if the wallet is lost or stolen. But, make sure you do the backup appropriately including the seed phrase, and passphrase if included.

3. Not all viruses/malware "know" what to do. On a compromised computer the biggest problem may be a compromised wallet software (which you have to use together with the hardware wallet). But if you are not careful, you can download yourself a compromised wallet and the antivirus may not complain about it.
Your hardware wallet can be vulnerable to malware if connected online, make sure your computer or device used is not having malware. Although, hardware wallet are malware resistant than online wallets but not 100% resistant.

4.If either company (Trezor/Ledger) goes broke,what will happen with support and will i still be able to use them?
What should most matters to you should not the hardware wallet or the company, what matters most is your backup that can generate back your keys and addresses and recover back your coins. You do not need the wallet type you are using for this, you can use another wallet and use the backup to recover back your coins.

5.I prefer to be more safe once I'm connected to PC and I have less worries that someone will steal physical device,which one would you recommend then?
For Ledger Nano, it has a secure element that can not let thieves get access to your seed phrase if stolen. For trezor, make sure you use passphrase in addition as a word extension, if strong passphrase is used, it will not be also possible for theives to get access to it. And if your wallet is stolen, you will be able to access it with your seed phrase and passphrase if included, and move your coins to another wallet entirely as soon as possible with new seed phrase and passphrase generated.

6.Which one has larger capacity for storing more coins?
Ledger Nano S store more coins than Trezor One, but they are both compatible with ERC-20 tokens. For more coin support, it will be good to go for Trezor Model T or Ledger Nano X.

7Which one is more future proof in long terms?
One thing about Ledge Nano wallet is that their secure element is close source, it means even if seed phrase generated is done with malacious secure element, the seed phrase will be compromised, many people would have been affected before people will know. But, I think the company can be trusted, but I do not trust anything close source in design as it can be compromised by the company that are producing the wallet. I prefer open source because the source code used will be available for the public to check, which means it is like knowing everything about what your wallet is using to operate, and Trezor is a open source wallet which will make me prefer it if compared Ledger Nano, but not using it with passphrase is not safe.
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