[LIVE]

Did you just have a bad day? Here I am to cheer you up!

Introducing... The block chain depicter 3000.

You can now depict in BBCode block chain LIVE statistics! How awesome does that sound?  


Bitcoin Address Balance:

Code:

[abbr=BlackHatCoiner's Blockchain Stats BBCode Depicter][url=https://bitcointalk.org/index.php?topic=5366056.0][img]https://blackhatcoiner.com/?address=1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa[/img][/url][/abbr]

Bitcoin Price (BTC/USD):

Code:

[abbr=BlackHatCoiner's Blockchain Stats BBCode Depicter][url=https://bitcointalk.org/index.php?topic=5366056.0][img]https://blackhatcoiner.com/price/[/img][/url][/abbr]

Bitcoin ATH Price:

Code:

[abbr=BlackHatCoiner's Blockchain Stats BBCode Depicter][url=https://bitcointalk.org/index.php?topic=5366056.0][img]https://blackhatcoiner.com/ATH/[/img][/url][/abbr][/img]

Chain Size:

Code:

[abbr=BlackHatCoiner's Blockchain Stats BBCode Depicter][url=https://bitcointalk.org/index.php?topic=5366056.0][img]https://blackhatcoiner.com/chainsize/[/img][/url][/abbr]

Mining Hash Rate:

Code:

[abbr=BlackHatCoiner's Blockchain Stats BBCode Depicter][url=https://bitcointalk.org/index.php?topic=5366056.0][img]https://blackhatcoiner.com/hashrate/[/img][/url][/abbr]

Chain Height:

Code:

[abbr=BlackHatCoiner's Blockchain Stats BBCode Depicter][url=https://bitcointalk.org/index.php?topic=5366056.0][img]https://blackhatcoiner.com/height/[/img][/url][/abbr]

Blocks to Next Halving:

Code:

[abbr=BlackHatCoiner's Blockchain Stats BBCode Depicter][url=https://bitcointalk.org/index.php?topic=5366056.0][img]https://blackhatcoiner.com/nexthalvingin/[/img][/url][/abbr]

Supply:

Code:

[abbr=BlackHatCoiner's Blockchain Stats BBCode Depicter][url=https://bitcointalk.org/index.php?topic=5366056.0][img]https://blackhatcoiner.com/supply/[/img][/url][/abbr]

Total Confirmed Transactions:

Code:

[abbr=BlackHatCoiner's Blockchain Stats BBCode Depicter][url=https://bitcointalk.org/index.php?topic=5366056.0][img]https://blackhatcoiner.com/totaltx/[/img][/url][/abbr]

Fee estimation:

Low fee:

Code:

[abbr=BlackHatCoiner's Blockchain Stats BBCode Depicter][url=https://bitcointalk.org/index.php?topic=5366056.0][img]https://blackhatcoiner.com/lowfee/[/img][/url][/abbr]

Medium fee:

Code:

[abbr=BlackHatCoiner's Blockchain Stats BBCode Depicter][url=https://bitcointalk.org/index.php?topic=5366056.0][img]https://blackhatcoiner.com/mediumfee/[/img][/url][/abbr]

High fee:

Code:

[abbr=BlackHatCoiner's Blockchain Stats BBCode Depicter][url=https://bitcointalk.org/index.php?topic=5366056.0][img]https://blackhatcoiner.com/highfee/[/img][/url][/abbr]

Days since ATH:

Code:

[abbr=BlackHatCoiner's Blockchain Stats BBCode Depicter][url=https://bitcointalk.org/index.php?topic=5366056.0][img]https://blackhatcoiner.com/daysSinceATH/[/img][/url][/abbr]

Blocks until difficulty readjustment:

Code:

[abbr=BlackHatCoiner's Blockchain Stats BBCode Depicter][url=https://bitcointalk.org/index.php?topic=5366056.0][img]https://blackhatcoiner.com/retarget/[/img][/url][/abbr]

Exchange rate: (of 2.5 BTC as an example)

Code:

[abbr=BlackHatCoiner's Blockchain Stats BBCode Depicter][url=https://bitcointalk.org/index.php?topic=5366056.0][img]https://blackhatcoiner.com/?USDof=2.5[/img][/url][/abbr]

Lightning Network! (Public)

Capacity:

Code:

[abbr=BlackHatCoiner's Blockchain Stats BBCode Depicter][url=https://bitcointalk.org/index.php?topic=5366056.0][img]https://blackhatcoiner.com/LN/capacity/[/img][/url][/abbr]

Total Channels:

Code:

[abbr=BlackHatCoiner's Blockchain Stats BBCode Depicter][url=https://bitcointalk.org/index.php?topic=5366056.0][img]https://blackhatcoiner.com/LN/totalchannels/[/img][/url][/abbr]

Total Nodes:

Code:

[abbr=BlackHatCoiner's Blockchain Stats BBCode Depicter][url=https://bitcointalk.org/index.php?topic=5366056.0][img]https://blackhatcoiner.com/LN/totalnodes/[/img][/url][/abbr]

Mempool!

Total transactions:

Code:

[abbr=BlackHatCoiner's Blockchain Stats BBCode Depicter][url=https://bitcointalk.org/index.php?topic=5366056.0][img]https://blackhatcoiner.com/mempool/transactions/[/img][/url][/abbr]

Total fees:

Code:

[abbr=BlackHatCoiner's Blockchain Stats BBCode Depicter][url=https://bitcointalk.org/index.php?topic=5366056.0][img]https://blackhatcoiner.com/mempool/fees/[/img][/url][/abbr]

UserScript.

As of 23st of October 2021, you can install the UserScript of this project. It allows you to paste these bbcode texts without needing to revisit the thread.
Link: https://openuserjs.org/scripts/BlackHatCoiner/Blockchain_Stats_BBCode_Depicter

Do you want me to add something? Maybe an idea? Drop me feedback below!

BlackHatCoiner.com — Copyright © 2021 all rights reserved.

This thread is my pursuit to summarize how does the current monetary system work (in USA) and explain some terms such as fractional reserve lending. The system is purposely difficult to understand, so I'll try to break it down as much as I can.

Everything begins when the government starts creating bonds. These bonds are essentially meant to be sold with an interest. It's like saying “Hey, give me some trillions of dollars and I'll pay you back in a decade plus an interest”. These bonds are our national debt, because we're the ones who're going to pay them in the future.

The bond is then auctioned and the world's largest banks buy it to receive the sweet interests. The banks then swap those IOUs with the Federal Reserve's checks which brings money into existence. It looks like this:

Treasury's bonds → Banks → Federal Reserve's checks & money minting → Banks ($) → Treasury ($).

So what's actually happening is that the FED and the treasury swap IOUs (checks & bonds) with banks as middlemen. This process continues repeatedly enriching the banks and indebting the public by increasing the national debt.


Fractional Reserve Lending

When you're depositing money in a bank, you shouldn't imagine that they're keeping those money in a safe closet. Instead, they loan it to other people, so you should consider that you're actually loaning them your money.

Now what's fractional reserve lending... It's exactly what it says. The banks are allowed to reserve only a fraction of your deposit and do whatever they want with the rest of it. According to Modern Money Mechanics the reserve ratio is 10%, so let's use this simple percentage in our example.

Let's assume you deposit $1000. The bank can now take $900 of those and lend them to someone. It is reasonable to think that these $900 come out from your $1000. However, that's not the case. What really happens is that these $900 are created out of thin air on top of the $1000. This is how the money supply is extended. Bare with me.

The bank creates a check (a liability) saying that you own $1000 even though, they have only kept $100 of your deposited dollars. The other $900 have been lent. Once the borrower deposits their $900 hard cash in their bank, the bank will give them a liability of $900, but will also keep only 10% of it. The bank can also lend those $810 and keep only the $90.

NOTE: The liability is an IOU. It's nothing more than that, but it is considered currency since it's used as medium of exchange instead of cash.

If we continue this further we can notice that there's always some liability which is 10 times greater the assets you deposited and your bank is keeping.

Seriously, the cash remains the same. It's $1000. But, they liability constantly rises; it's $1000 + $900 + $810 + + + ... = $10000.

As a conclusion, the currency supply expands. Specifically, around 92-96% of all the currency supply is created from this very procedure and not from the government.


So, in this fractional reserve system there're two folks who decide about the nation's faith. The government and the banks (AKA - Fed). The interests of each bond increase the debt you and your descendants are doomed to repay. In this monetary system as long as there's demand for loans and reserve for them, the currency will be inflated.

Outside this system, only currency minting is considered the cause of inflation. You may have seen Bitcoin been brought as a solution to this fraudulent and built-to-be-corrupted system; the reason is simple: If there isn't a FED which controls the economy and increases the nation's debt, which is what pulls you to poverty and enriches the banks, this exploitation will cease to exist.

“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” — Henry Ford

Καλησπέρα στην ελληνική κοινότητα. Θα ήθελα να ανακοινώσω κι εδώ πως μπορείτε να μου ζητήσετε tBTC αν χρειάζεστε για δοκιμές κτλπ. Το κάνω κυρίως για να εξαπλωθεί η υϊοθέτηση του lightning network αλλά κι επειδή υπάρχει έλλειψη τέτοιων faucet στο ίντερνετ αυτή τη στιγμή.

Διαβάστε τους κανόνες μου εδώ: [Merit] [Faucet] Hey Bitcoiners! Wanna try out the lightning network?

I had read that while the key size of secp256k1 is 256 bits, the security level is 128 bits and I was trying to understand why, so please enlighten me.

Is it because there are two different private keys that return the same x coordinate? For instance, these private keys:

Code:

1
115792089237316195423570985008687907852837564279074904382605163141518161494336

Will return the same x-coordinate:

Code:

x: 79be667ef9dcbbac55a06295ce870b07029bfcdb2dce28d959f2815b16f81798
y: 483ada7726a3c4655da4fbfc0e1108a8fd17b448a68554199c47d08ffb10d4b8

x: 79be667ef9dcbbac55a06295ce870b07029bfcdb2dce28d959f2815b16f81798
y: b7c52588d95c3b9aa25b0403f1eef75702e84bb7597aabe663b82f6f04ef2777

These private keys:

Code:

2
115792089237316195423570985008687907852837564279074904382605163141518161494335

Will also return the same x-coordinate:

Code:

x: c6047f9441ed7d6d3045406e95c07cd85c778e4b8cef3ca7abac09b95c709ee5
y: e51e970159c23cc65c3a7be6b99315110809cd9acd992f1edc9bce55af301705

x: c6047f9441ed7d6d3045406e95c07cd85c778e4b8cef3ca7abac09b95c709ee5
y: 1ae168fea63dc339a3c58419466ceaeef7f632653266d0e1236431a950cfe52a

And generally any number a and n-a return the same x-coordinate. So while the x-coordinate is 256 bits long, there are actually 2¹²⁸ different combinations it can take, but the y-coordinate between a and n-a will always give a different sign. Thus, the different combinations of a compressed public key are 2 * 2¹²⁸ or 2¹²⁹.

Am I wrong?

So, today, I tried to connect to my Raspberry Pi 4 with ssh via LAN, but it kept loading for several seconds and then returned me this:

ssh: connect to host 192.168.2.7 port 22: Connection timed out

I realized that it must had to do with the firewall that I changed in my linux environment. I just installed ufw and enabled it. Since, then I have never managed to communicate with my machine.

I need your help as I'm not an expert with these things. Is there a way I can disable this possible firewall setting that I changed? Or, can I simply communicate with my RPi again? (without losing the block chain)

I've setup my electrs as it's written in here except from the directory's name. I had chosen “electrs” for my test net server so I couldn't choose the same for main net. Thus, I named it “electrs_main”.

Node works fine, server works fine and once I run:

Code:

electrum.exe --oneserver --server=192.168.2.7:50002:s

This is what it returns me in the Linux console (from my Pi):

Code:

Sep 25 10:46:15 raspibolt electrs[2722]: 2021-09-25T10:46:15.378+01:00 - TRACE - RPC Request("{\"jsonrpc\": \"2.0\", \"method\": \"blockchain.block.header\", \"id\": 22, \"params\": [659231]}\n")
Sep 25 10:46:15 raspibolt electrs[2722]: 2021-09-25T10:46:15.383+01:00 - TRACE - RPC Done
Sep 25 10:46:15 raspibolt electrs[2722]: 2021-09-25T10:46:15.383+01:00 - DEBUG - [127.0.0.1:48976] shutting down connection
Sep 25 10:46:15 raspibolt electrs[2722]: 2021-09-25T10:46:15.384+01:00 - INFO - [127.0.0.1:48976] disconnected peer

And then it repeats. It continuously tries to establish a connection and reads my balance, but fails and I remain disconnected.

(The test net server works fine)

BlackHatCoiner's on and off-chain testnet faucet

The point of this thread is to spread the usage of the lightning network and give some tBTC to those who want to test things in the Bitcoin ecosystem. I recently noticed that there aren't many testnet faucets and those that exist give tiny amounts in which you can't test the LN. (by opening a channel, for instance)

I, myself, will build a faucet that will give tBTC off-chain and on-chain, but I don't know when exactly will that happen. Thus, I decided to make this thread; to help those who want to try it out or experiment with the system without having to risk any real bitcoins. (Since 6-digit of testnet sats are nowadays hard to find)

If you don't know what's the lightning network see “Basics of the Lightning Network”.


— On-chain faucet

If you want tBTC on-chain submit the application as following:

Code:

Amount: <VALUE_IN_BTC>
Address: <YOUR_ADDRESS>

— Lightning faucet

I've opened a channel with - 0270685ca81a8e4d4d01beec5781f4cc924684072ae52c507f8ebe9daf0caaab7b@159.203.125.125:9735 - and deposited about 0.15 tBTC. I'll probably always have enough sending capacity.

Here's the application you'll have to submit if you want tBTC via LN:

Code:

Amount: <VALUE_IN_BTC>
Invoice: <YOUR_INVOICE>

Rules:

• You can ask up to 3,000,000 sats or 0.03 tBTC. (PM me if you want more, I can make exceptions if you convince me that you really need them)
• Once you're done with your testing, you ought to return them back to me excluding the mining fees you've paid. It doesn't matter when, but within a reasonable time I should have them back. (e.g., 1-6 months)
• You may want to ask several times for additional deposits. Indeed, you can ask for tBTC multiple times as long as you've returned the previous amount(s) you submitted.
• You won't sell them, I know. There's no reason to sell such small amount. However, if you've been found to do something suspicious with them, you'll get my negative feedback and you'll obviously be unable to re-ask for more tBTC.

It'll be my pleasure to help someone who had never interacted with the lightning network before. Newbies and Jr. Members will receive 1 merit if they're using LN for the first time, unless their history is full of bounty applications or they're loaded with negative trusts.

I was wondering if it's possible to run both mainnet & testnet from a RPi 4, including their Electrs indexes. I'm right now running both of them and it goes relatively fast. How much space would these four directories require? I've built everything upon a 1TB SSD external disk and I'm afraid it'll need more.

I haven't synced with the whole mainnet yet, though.

I'm almost done with Electrs' setup. What's left is a donation address and a fancy server message. I remember how you could do it in ElectrumX, but in Electrs I have no clue. I've searched for it, but didn't actually find anything related with those two. It should be defined in the configuration file.

See yourself:
https://www.google.com/search?q=electrs+github+donation+address
https://www.google.com/search?q=electrs+github+server+message

I'm quite shy to open this request as a “new feature” in their github (since it's not a bug), so that's why I'm asking you (first).

I've setup a RPi 4 running a Bitcoin full node headless-ly (via SSH) and I was wondering if I can enjoy the comfort of Bitcoin Core's GUI too.

Both pi and my computer are connected to the same router and communicate via LAN. Is there a way to run bitcoin-qt from my main computer without needing to have the block chain downloaded there, but on pi instead? Could the GUI communicate with my pi's bitcoin-cli to receive the information needed in my main computer instead of using it via SSH?

I'm running an Ubuntu Server (20.04) from my RPi 4 in which I have connected my external 1TB SSD drive and I connect remotely. I want to reindex the blockchain, so I enter:

Code:

./bitcoind --datadir=/media/external/bitcoin --reindex

It returns me:

Code:

Error: Failed saving settings file:
- Error: Unable to open settings file /media/external/bitcoin/settings.json.tmp for writing

I've given all the permissions to that directory, or I at least, tried to. I used sudo chmod -R 777 /media/external/bitcoin, but I still can't create files by my own (without sudo touch). Probably Bitcoin Core tries to create files and can't due to permissions. What do I have to give it all the permissions it requires?

[Umbrel]

I shall open a general thread about Umbrel, which is an implementation of an operating system that runs Bitcoin & Lightning Network node. You simply install it on your Raspberry Pi and enjoy the benefits of a personal node. Your node runs through Tor (as I've noticed it's mandatory) and can also been administrated via WAN (not just LAN!) if you enter your onion url wherever you are.

Other, similar, implementations of such OS are myNode, RaspiBolt and RaspiBlitz.


So, I'm facing a syncing problem. It takes way too long than what I expected. I set it up yesterday (24 hours must have passed) and it's still on 14.48%. Is this normal or the verification of the blocks takes more than it should? Is there any way I could speed it up? Like verifying the rest of the blocks in my PC which should be faster than with Raspberry and then plugging my external disk back to it again once it's done.

I have:

• 1 TB SSD external disk. (is this enough for both Bitcoin Core and Electrum?)
• Internet speed: ~100 Mbits/sec.
• 32GB micro SD card.

[by stopping the manager from incentivizing in this way]

This thread should be read mainly from those who maintain and are responsible for this forum such as the admins & mods.

Prologue.

I was just reading this topic about the degradation of the Bitcoin discussion board and I felt kinda disappointed that the main subforum of bitcointalk is so ruined. Briefly, there's incentive on spamming this neglected and undervalued board and it's clearly due to signature campaigns. Signature campaigns and bounties are the reason for this uncontrollable spam, but not the cause.

All that account marketplace and this unbelievably disadvantaging hurry to fulfill the requirements for getting paid at the end of each week originate by the irresponsibility of those who hire. Thus, the source of the problem isn't the spammers nor the existence of those campaigns; it's the falsely way some folks choose to incentivize the users.


To understand this better.

If I came to you and told you that I'll pay you $50 each week, for creating many nonsensical-shitty posts at the same thread for spreading my product all over the first five pages, it's not (only) your fault for bringing all these meaningless discussions, but the guy's who incentivize you.

We may stop those specific users from discussing (so cunningly between their possible alts), such as by reporting frequently, but after all, we just paper over the cracks; the manager will sooner or later find others (or the same) greedy users who'll do the job. The root of the problem can be cut by stopping the manager from incentivizing in this way.


How to.

To achieve this, the wearing of a signature has to be handled more strictly. It must be forbidden to advertise a product without informing this forum first. This will cover the campaigns that are ran outside the forum and the managers who act irresponsibly without facing the consequences. This way, there can't be a campaign that will result into spamming without any punishment; the forum can comprehend the manager who's responsible for a campaign at any time.

A user can't wear a signature that contains a product and submit posts simultaneously (which is what led us to spamming) unless they have been approved by a manager to do so.

If the participant is found to be abusing the campaign by spamming, the manager has to remove him within a reasonable time limit such as a week, otherwise they're both culprits of filling the forum with illicit content.

Users can't just become managers if their application isn't approved by the forum. The users have to pass some sort of managing exams for being allowed to act likewise.


More rules can be introduced to this forum polity if they appear to be needed.

Quoting a rule from the unofficial list of official Bitcointalk rules:

22. Advertising (this includes mining pools, gambling services, exchanges, shops, etc.) in others threads' is no longer allowed, including, but not limited to, in altcoin announcement threads.

In the past, I had made a reply to a thread talking about a criminal who got caught using mixers. I remember that I had linked MyCryptoMixer and that's possibly why it got removed.

Now I ask:  Shouldn't we define what's an advertisement? There are tons of posts about ChipMixer (and some for BestChange) scattered through the forum, but haven't got removed and I'm mainly curious in what extent should I be careful when I'm writing regarding a product.

Based on my experience, linking to a product means advertisement and the post will get removed, but talking about it means that it's fine. Well, that's a false thought in my judgment.

When I ignore a user and someone else quotes him, shouldn't I get that post ignored too? What's the purpose of ignoring a user if you don't get rid of him completely? I usually choose to ignore users so that I prevent from stumbling across their discussions again. Otherwise, I find it pretty meaningless.

[of that option]

There's lot of debate about this topic from both haters and supporters and to be honest, it's reasonable. Some people believe that if something isn't intrinsically valuable, it isn't valuable at all or shouldn't be. In this thread I'll explain why Bitcoin has no intrinsic value and why that shouldn't be a concern at all.

First things first, I ought to define what “intrinsic value” is. It turns out that it's a tough term; it can be separated into three different meanings:

1. Finance.
2. Ethics.
3. Numismatics.


In finance, intrinsic value refers to the profit that could be gained by exercising an option. For example, if the current market value of the underlying instrument is $110, but the strike price of the option was called at $100, then its intrinsic value will be $10, ignoring what may happen to it in the future (due to price fluctuations). For example, if you bought 1 BTC at $44,000 and then sell it at $50,000, then you've gained $6,000 profit and thus, the intrinsic value of that option was $6,000.

Note that the option has intrinsic value; not the stock/product. In this case, Bitcoin doesn't have intrinsic value financially, despite the fact that people find it valuable. Same thing happens with stocks. Their intrinsic value isn't originating from the value of the company, but from the options' profits.


In ethics, intrinsic value is a property of an object that is valuable on its own. Pretty misleading definition, isn't it? How can you measure or understand that an object is “valuable on its own”? Wikipedia, though, puts it as following:

Intrinsic value is always something that an object has "in itself" or "for its own sake", and is an intrinsic property.

So here's the problem with Bitcoin. It isn't an object. We could theoretically create a ledger which is censorship resistant from anyone and each person could manually debt each other using it, but that wouldn't make it intrinsically valuable. The people created it out of nothing; it has nothing “in itself” or “for its own sake”. I like thinking it that way: If you have two ounces of gold, you own a more intrinsically valuable total of objects that someone who owns only one ounce. But, with Bitcoin that is not true. The only thing that changes is the debt size which is paid out between humans.


In numismatics (or commodity money), intrinsic value is the constituent metal or, simply, the “essence” that makes a medium of exchange useful beyond its exchanging purposes. A gold coin is probably the greatest example of a currency that is intrinsically valuable. Bitcoin doesn't have any essence (nor banknotes) and thus, we conclude that it is neither intrinsically valuable as a commodity money.


So, why that madness to name its value “intrinsic”? Well, obviously, if you own Bitcoins, it is a matter of time until you make your own network effect on it; to protect your wealth! That's what we all do sometimes, aren't we? It seems that this debate had started many years ago from haters to... justify why Bitcoin has no value (?). It is completely utopian to state such thing; just think that these definitions were made long before virtuality became a commonly used word. Long before intangibility, in certain circumstances, became valuable. (e.g., Internet, Bitcoin)

Anyway, fans had to support the choice they made with some co-arguments whether those made any sense after all. I personally think that this thing with the intrinsic value should not be brought as an argument from now on. It isn't good for neither the fans and the haters.

• If you're a fan, you aren't proving anything by justifying why Bitcoin has intrinsic value.
• If you're a hater, you aren't proving that Bitcoin has no value, just because it isn't intrinsically valuable.

Peace

[why]

Staking an address requires you to understand what exactly you're doing, especially if you're a newbie. Also,

Signatures and their capabilities are complicated.

That's why I decided to create this thread; to make things less complicated for newbies and to make them know what they're doing. If you're a newbie, you probably know approximately why you should stake your address and how (with what softwares). I'll focus on how to stake it properly using your common sense.


Staking.

When you stake an address, you do it so that if you ever needed to prove your account's ownership, you can do so. The problem is that most of the times, people operate completely mechanically, as a result to not know what exactly they're doing. If you've never staked an address before, you simply go to the proper thread and leave your address that was generated from your non-custodial wallet, just like that:

Code:

This is my address, please quote it: bc1q0fc0e3e0zpve6qg2fw2tfxwnvsw5p4kae3u2yx

There's no need to provide a signed message from that address, because we know that at the moment, the owner of the account staked their first address. It is obviously theirs whether they sign a message or not.

It is advisable to use a unique address, especially one that has never received Bitcoins. You can do it, though, but it'll harm your privacy. It is better if you simply pick an address that has no connection with your transactions.


Signing.

When you'll have to provide a proof of the ownership, you'll sign and publish a message. [this is how] [this is why]

Code:

-----BEGIN BITCOIN SIGNED MESSAGE-----
I am BlackHatCoiner. Today is 08/11/2021 (15:01). This is a proof that I still own bc1q0fc0e3e0zpve6qg2fw2tfxwnvsw5p4kae3u2yx.
-----BEGIN SIGNATURE-----
bc1q0fc0e3e0zpve6qg2fw2tfxwnvsw5p4kae3u2yx
Hyi7C7hHSBN3cVV0Q3NF7poPFox49Zehs0z2WRWEV1x/ZdJUpcGWT5UUhWZylZ3SNFn0DU6ITNZgqu0goqY2C8s=
-----END BITCOIN SIGNED MESSAGE-----

If you want to stake another address, you'll have to sign a message from your old address and include your new address within it:

Code:

-----BEGIN BITCOIN SIGNED MESSAGE-----
I am BlackHatCoiner. Today is 08/11/2021 (15:01). My new signing address is bc1q2mxckeclkndcu68m5v7qhf6guwakn6en96s2mc. 
-----BEGIN SIGNATURE-----
bc1q0fc0e3e0zpve6qg2fw2tfxwnvsw5p4kae3u2yx
IChf1za07r3UTa2CGlU4mVpQaHlVAK3N8yK3ViASvfbtbstLNX60TSfFml+9VAR4czTMP9Y8+yyDkB+XwZmPRlM=
-----END BITCOIN SIGNED MESSAGE-----

Note that there's absolutely no reason to sign a message from the new address, for the same reason you didn't have to do it for your first address. We know that at the moment, you've signed a message from your old address, thus we conclude that indeed it's you, and you choose to stake another address.

This could happen for lots of reasons. One may be due to the fear of the old's compromisation. If that's the case, you'll have to state in your signed message that the owner of the account is only the one who'll provide a signature from the new address and not from the old one.


Quoting and Verifying.

Now that's an optional step, only for those who want to help on the quotation and verification of the thread's addresses.

Some users may choose to stake an address along with a signed message for the first time, if they feel that staking just the address isn't enough (although I explained above why it is sufficient). If the user stakes a signed message, you ought to verify it.

IF the message can't be verified, then the user hasn't provide a valid signature. In that case, you'll respond them that they did something wrong during the procedure and by “respond” I mean that you'll quote the whole message just in case they edit their post. If that's the first time they tried to stake an address, then that's fine. They'll learn. If they had previously staked an address and want to stake another one, but can't provide you a valid signed message from the previous address, then the situation becomes suspicious.

If they successfully achieve to provide you a signed message that looks like this:

Code:

-----BEGIN BITCOIN SIGNED MESSAGE-----
I am BlackHatCoiner.
-----BEGIN SIGNATURE-----
bc1q0fc0e3e0zpve6qg2fw2tfxwnvsw5p4kae3u2yx
H1kZ1IEa3WY1LOjsyj/5rWE1bjS7dzWXaPDsXFqK3zSUcYJvAcjAxGzZn+UDoIU7sDu+nTS+i4QF4eH4fXYnVzA=
-----END BITCOIN SIGNED MESSAGE-----

You will deny it and ask for one that couldn't have been signed before. In order to ensure that the original owner hadn't signed the asked message (that a hacker could have taken from him), you'll need to ask them politely to provide you one extra thing; time. If they post a message that contains time too, then we can confirm the account's ownership.

As for your post that quotes the signed message:  It is unnecessary to provide a link that redirects the reader to a website/image that confirms the message's verification. The only necessary part is to quote it so that the readers can confirm that the account hasn't been compromised and the original message is the same. There are also some well-intentioned users who created websites that archive every post that is made. [loyce.club, ninjastic.space]


If you think that I'm somewhere wrong or that I haven't included something important please tell me.

I was wondering if you do what I do too when there're lots of replies posted under my last post. I kinda find it annoying to be constantly notified from shitposters and thus, I unwatch the thread and disable the notifications. The downside (it's only one  ) is that I may miss a high-quality post from someone who may have quoted me.

Why don't this forum just notifies the users if they get quoted? Isn't it an obvious “must”?

I made this thread just to remind you that, in the last eight years, Bitcoin gave you the chance to increase your annual yield by 180%. Specifically, here's some satisfying results of the end of July overtime:

From 2013 to 2014: $94 -> $600 (538%)
From 2014 to 2015: $600 -> $292 (51%)
From 2015 to 2016: $292 -> $624 (113%)
From 2016 to 2017: $624 -> $2,700 (332%)
From 2017 to 2018: $2,700 -> $8,100 (200%)
From 2018 to 2019: $8,100 -> $10,100 (24%)
From 2019 to 2020: $10,100 -> $10,900 (7.9%)
From 2020 to 2021: $10,900 -> $40,000 (266%)

If you sum them all, you'll see that it's a 180% annual yield. If that number applies in the next eight years, we have on average:

From 2021 to 2022: $40,000 -> $72,000
From 2022 to 2023: $72,000 -> $129,600
From 2023 to 2024: $129,600 -> $233,280
From 2024 to 2025: $233,280 -> $419,904
From 2025 to 2026: $419,904 -> $755,827.2
From 2026 to 2027: $755,827.2 -> $1,360,488.96
From 2027 to 2028: $1,360,488.96 -> $2,448,880.13
From 2028 to 2029: $2,448,880.13 -> $4,407,984.23

Have a nice day.