I'm currently looking at a meme coin on Solana. Their community reminds me of Doge in 2014 when I used to hang out in their IRC chat every day. This play I'm making is plain and simple for me. The narrative for this coin is really strong. I'm not going to shill it here until it gets to a certain market cap. However, you can DM me and maybe I'll share their TG. No promises.

Right now I think the next "Shib" will be on Solana (not base). It's going to be a coin that no one is looking at or is already dead in the eyes of most people. WiF doesn't have a strong enough narrative to beat Shib. I have certain requirements and WiF doesn't fit them. You gotta trust your gut on this one.

So far my gut told me to buy XVG in 2017 and SHIB in 2020. I'll share my story someday.

My last hint: It's not a derivative, it's not a celebrity's pet, and it's not Pepe's best friend. All these narratives are too weak IMO to be the next Shib.

I don't care what anyone says and I trust my gut; you do the same.

they're wearing shades in their professional photos. They're hiding their identity - intentional or not - it's fishy lol. They're trying to compete with unikrn right?

Where did that guy get his claims of premining. I never looked into that before. Can someone help me out?

Hi SIGT community!

That's probably because at least one VC already spent millions. And that was an investment. It was his first for crypto too, iirc. He doesn't plan to trade it and believes in IOTA's principles. But to the others who also bought in at the ICO... they probably are shorting for a quick profit lol. I would put big bets that those guys are going to rebuy at the bottom. The other half of the downtrend could be explained by following the downtrend of bitcoin -- and combined with capitulation -- panic sellers.

Scott J just made some good points about a couple of the flaws well known. I think we should all join in at the AMA this Saturday. The core dev team will be there, and then we can finally put to rest the viability of the features they are claiming.

Ya, it doesn't matter where the bottom is. As long as you get in before it spikes by investors who discover it. IOTA is literally still an infant. But it definitely has a lot of potential. What they're doing is very ambitious. There are only a couple security risks that have been noted by an instructor at UC Berkley. You can find it on reddit, but one of those risks is theoretically possible on bitcoin as well.

Just by looking at Bitfinex selective portfolio on well known coins -- minus IOTA -- is also another reason why I'm interested in it. Although Bitfiniex did have a negative public press on a recent event -- they did refund everyone which was about $70 ish million. Could it have been publicity stunt to bring in trust? Maybe.

The people who are teaching about IOTA in a classroom setting -- appear to be in an on-going active discussion with the dev team on slack. That implies that inherent security issues will undoubtedly be addressed to the dev team. I just got into IOTA yesterday and am still learning as much as I can. I believe I read somewhere that the white paper 2.0 is due for release very soon -- as well as a few announcement in the upcoming months.

I also jumped in early on IOTA because I have no idea when the other exchanges will recognize and adopt the coin -- or when a few big VC's decide to jump in randomly soon. But when it happens -- I don't want to be that guy who didn't buy, lol. I'll be buying more when as it keeps dropping

Hi Bitcointalk community!

I am trying very hard to understand the technical details of how the blockchain is created.

Lets imagine 2 nodes solve the current block puzzle at nearly the same time. I guess now we have 2 chains. How do the nodes determine which chain is the longest? If I understood correctly, the longest chain is used when the next block is added.

How do the nodes determine which of the 2 chains is the longest chain == 'has the most effort put into it'?

P.S. I did learn some of the very deep technical parts, such as the prefix of 0's required in proof-of-work, and that more required 0's basically implies more work needed.

I want to clarify this -- and keep in mind that I have only used online wallets. Are you saying the public key is used for spending bitcoins (I thought it was the private key)? Frankly, I never saw any public keys or private keys. Apparently, coinbase keeps the customers wallet private keys secret -- so that coinbase can take advantage of their cold storage. Is a version 0 address the common type we see today? What is the version of the other common bitcoin address?


Apparently, I was digging myself a deeper hole of confusion here. I assumed an address was a public key. Thank you for correcting me on this. The additional reason I confused myself is because I noticed my address for receiving bitcoins would sometimes change for my online wallet.

 
This must explain why coinbase generates a new address on my wallet for every transaction.

Does my coinbase wallet use several private keys? because coinbase generates a new address for every transaction.

You lost me on that last statement. Why is only 1 public key known to be associated with a Bitcoin address, when technically there are many associated public keys?

Thank you so much. Now to bring this home for me... what would someone need to do to forge documentation that he is the rightful owner, and not me?

I think this might be exactly what I was looking for. Thanks!

Seeing that public key address on blockchain.info with the unique transaction id's makes so much more sense now. I had to basically imagine this in my head as I read through several pages. So does the document hash actually contain something like formal documentation with text (I am not geeky enough for this, so I don't know what document hash is)? Or is the document hash some arbitrary ownership-identity data that is associated to formal documentation?

So if you combine this with the inherent timestamps, and the fact of sealed-permanent blocks on the blockchain, there is some really valuable potential here for ownership of assets... this is really enlightening.

Ok, let me try this again. Lets make this really simple. I know you guys understand this a lot better than I do, so I think I need to simplify this for myself. I am so bad at trying to ask the right questions when I get confused.

I am aware that transactions have unique addresses and in those transactions there are public key addresses. I am also aware that those public key addresses are temporary (at least from my own personal use) and they represent a private key address; I know you can have more than one public key address attached to the same private key address.

I want to know how you can use a Bitcoin transaction to establish ownership -- lets say for a piece of land as an example.

Then lets say I transfer ownership of that land to someone else, because I decided to sell it to that person for whatever reason. How can you identify that the person I sold it to is the real owner of that land.

P.S. I don't know if this would be relevant, but I have only used online wallets.

Hi Bitcointalk community!

I am currently reading a book that explains the power of the blockchain technology. It refers to Bitcoin a lot and mentions many use cases. But what I have trouble understanding is the current section I'm on; it is discussing about the potential to solve ownership and provenance issues that are found in traditional methods.

To give some context, lets say we are talking about property/land ownership.

In short, it says you can use a Bitcoin transaction address to establish ownership, and inherently use its audit ability to track the transfer of ownership. I understood most of it, I think. What I'm confused about is I tried going on blockchain.info and tried to look at my unique transaction addresses with my own public key address. Some of the transactions involved multiple addresses for both sending and receiving sides of the transaction. So how can you establish ownership then, when there's multiple public key addresses on both sides of the transaction?