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1  Bitcoin / Bitcoin Discussion / Top mistakes of newbies in crypto on: September 22, 2022, 05:00:26 PM

1. Hopium
2. Degen mode
3. unrealistic expectations
4. short term view



1. Hopium


propaganda online is huge. ridiculous price targets of a coin from fake influencers make them feel better about their investment. better not to listen to them and keep a own view of the market.



2.degen mode


don't  buy a coin because someone else advised or made money. when i ask people about their investment in crypto most of them actually don't know any fundamentals of it.
do the proper research or stick to the average results everyone is halving.


3. unrealistic expectations


Don't get manipulated by profits you see online. 100k profits on a  trading account or a sport car.  you will never achieve that with your $1000 account. understand that and be real with you.



4.  short term view


the real wealth in crypto is made only by founders or holders , not by traders. even if you trade for rest of your life , you will never outperform the guy who bought bitcoin and Ethereum 5 years ago. analyze the data and don't be greedy. long term matters.


2  Alternate cryptocurrencies / Mining (Altcoins) / Ethereum miner statistics before the merge and after the merge on: September 17, 2022, 06:09:25 AM
 




*Before the merge

Mining pool                   Hash rate    
 
Ethermine                 - 124.4 TH/s
F2pool2                   - 76.5  TH/s
Hiveon pool               - 42    TH/s
2miners                   - 35.8  TH/s
Flexpool                  - 27.6  TH/s


*After the merge


staking pool                     staked Eth %

 
lido                               31
Coinbase                           15
kraken                             8.38
Binance                            6.64
stake .us                          2.98
3  Bitcoin / Bitcoin Discussion / A bitcoin whale is ready to sell 5000 Bitcoins or already sold. on: September 05, 2022, 07:19:08 AM



A  Bitcoin Whale address  which created in 2013 (18xGHNrU26w6HSCEL8DD5o1whfiDaYgp6i)  has transferred all of its  bitcoins approximately 5,000 BTC at 04:50:38 on Sep 5 (UTC+8) to Kraken exchange, worth  of approximately $100 million.  The earliest recorded transaction of this address  was in December 2013, and the last one  was in May 2021.

check  more details

https://www.oklink.com/zh-cn/btc/address/18xGHNrU26w6HSCEL8DD5o1whfiDaYgp6i





4  Economy / Service Discussion / south africa has launched a SMS service to send bitcoin without internet on: August 12, 2022, 04:49:40 PM


this is a SMS service which allows sending bitcouns with a text. Read the full article below

https://cointelegraph.com/news/bitcoin-without-internet-sms-service-allows-sending-btc-with-a-text
5  Alternate cryptocurrencies / Service Discussion (Altcoins) / My wallet has Been Hacked. i need your help guyz. on: July 16, 2022, 08:27:37 PM
My trust wallet  has been  hacked by someone .some of my funds has been sent to hacker's address . when i send funds to that address again ( wallet is trust wallet ) those funds are automatically send away to another address before it comes to wallet .how could it be possible ? any solutions?  i have some valuable tokens in that wallet which has no market value yet. i need to send them to another address .so i tried to send some bnb ( bsc ) to that address and send my rest of tokens to another address . ( all of tokens which i think to transfer are Bep20 ) So i sent some bnb for transaction fee. thats when the problem happened . Help me guyz. How to stop automatic sending to another address Huh
6  Bitcoin / Bitcoin Discussion / Bitcoin standard book. Download it for Free! on: July 15, 2022, 07:38:04 AM


Average price on amazon is about $18. incredible book For bitcoiners . everyone must read and understand bitcoin . published on march 23 , 2018 AndWritten By Dr.saifedean.

download book for Free from Link Below.
https://drive.google.com/file/d/1P8ABuksouHMueVC_hTgDnCYXlwV5Tr2P/view?usp=drivesdk
7  Other / Meta / How to post images?? on: July 14, 2022, 10:50:40 AM
Let me know how to post images in bitcoin talk and what qualifications must we have?? let me and others who dont know to know. Thank you.
8  Bitcoin / Bitcoin Discussion / How to be a blockchain based developer ?? on: July 11, 2022, 11:39:56 AM
Hello All! i would like to Become a blockchain developer But i have no any basic knowledge of coding or blockchain  . i was encouraged to be a blockchain developer by searching about bitcoin . show me the way to achieve my goal . completely a newbie To coding. how should i begin ??
9  Bitcoin / Bitcoin Discussion / What If Bitcoin Fall?? on: July 06, 2022, 07:10:24 PM
I would like to let you to share your ideas about what if bitcoin falls?? Let others to know about badconsequence people have to face if bitcoin falls. Thank you Guyz.

attention - i am not talking about bitcoin's current price action . i know these are buying opportunities for investors . I dont mean about bitcoin's price falling . i mean what if bitcoin isn't exist , what if bitcoin wasn't created.
10  Alternate cryptocurrencies / Announcements (Altcoins) / Why NEAR Protocol is so important ( Thread ) on: July 03, 2022, 05:41:44 PM
Near Protocol is the most hyped Layer 1 protocol right now. will it become the next Ethereum?


• What makes NEAR different other protocols
• The Protocols on Near



Near is not ANOTHER Layer 1 that promises to be faster and cheaper than Ethereum. This is a very common solution most projects trying to pop
 why is near getting so much attention now?


1 Scaling with Dynamic Sharding

Near scales with sharding. sound is familiar?? Ethereum wants to implement it in 2023. that's why i told this is the ETH 2.0
Sharding partitions data into several pieces. then they are able to process data in parallel with each other. Dynamic sharding means it can adjust the size of the shards based on demand. that will keep fees low.

Near has the ability of scaling without limits due to its sharding technology. we will be able to see Near with a 100,000+ TPS , Enough to surpass Visa for real-world usage.


 2. Interesting Technologies

1. Private shards: Enterprises (such as a hospital and other companies) can create their own private shards to keep their data more secure.

2. Doom Slug: finality can be Achieved within seconds.


3. Development Team

Alex Skidanov
https://twitter.com/AlexSkidanov
 director of ENG at MEMSQL.

 
Illia
https://twitter.com/ilblackdragon
 - Former Engineer at GOOG.

 international programming competitions have been won by these team members .This could be the most talented teams in Crypto.



4. Massive War Chests

• Over $533m in funding from almost every top list Venture Capitals ( a16Z, 3 Arrows Capital, Jump, Alameda, Electric Capital, Coinbase )

• $800m Development Ecosystem Fund



They have the superpowers to attract developers to their ecosystem.Funds -> Developers -> Awesome Dapps -> Increase network usage.


**they are focusing more on developers than investors said by Illia

 #*can be written with common languages such as Rust or Assembly

 #*30% of transaction fees go to contract owners

near has created massive education resources to help onboard developers to Near.


5. User Friendly

near emphasize making this experience easier for normal people. and also provide an easy-to-use wallet that can be name-based (like name.near). And allows email / phone number backup.



Heading Towards to be the Most "Complete" Blockchain.

• DeFi, GameFi, & NFTs
• EVM via Aurora ( direct metamask integration soon )
• Parachains via Octopus
• It has an own Stablecoin soon ($USN)
• Massive funding and ecosystem funds

near is trying to do it all.


***Most Important Protocols on Near


1.Aurora Network
https://twitter.com/auroraisnear

Aurora is an Ethereum Layer 2 built on NEAR protocol.

• Developers can merge or fork ETH projects over to Aurora.
• It leverages the power of Near
• Transaction costs are < $.01

Aurora already has $1.15b TVL.


2. Rainbow Bridge
 https://near.org/zh/bridge/

 this is a Trustless bridge between Near & Ethereum. Easily bridge your Ethereum tokens to Near. The bridging process takes about 10 minutes, and they update you in real-time.


3. Octopus Network https://twitter.com/oct_network


 this Allows developers to launch app chains. App chains are blockchains that used for specific apps , it allows for more customizations compared to traditional dApps. Parachains on polkaDot are expensive. averagely millions of dollar costs. Octopus fills a gap of the market for more modest app chains.

• it is Up to 100x cheaper than Polkadot parachains
• substrate-based blockchains can be Easily deployed
• Interoperability with Near, ETH, IBC.


4. REF finance
 https://twitter.com/finance_ref


The main AMM of Near ecosystem - this is where the action's happening on. There are some nice farming options with this.

• The Ref-wNEAR gives multiple types of tokens. So people are building out a mini index fund of NEAR.

• The stablecoin APRs are great.

Ref finance is working as a multichain liquidity protocol to Aurora. With so many upcoming grants in the Near ecosystem , anyone can bet the Near foundation will be deploying quite a bit to Ref.

here is the in details https://ref-finance.medium.com/introducing-multi-chain-liquidity-aggregation-2441a9c5e1e8



5. Burrow cash
 https://twitter.com/burrowcash

 burrow is The lending and borrowing protocol on NEAR. it is like the Aave & compound of NEAR. Over $400m deposited already. Burrow could be the anchor protocol of Near for their $USN stablecoin.

here are all the details https://burrow-cash.carrd.co/
11  Bitcoin / Bitcoin Discussion / Bitcoin Is not an inflation hedge in first place on: July 02, 2022, 10:42:34 AM
Bitcoin was never supposed to be an inflation hedge in the first place. That was an idea built by influencers and speculators in the last years. What Bitcoin was supposed to be and is now becoming is a P2p uncontrollable payment network across the globe.
West world uses it as an investment. Poor countries use it as money, as it was designed. The Lightning Network is dealing with the scaling problem BTC was facing mainly since 2016/17 though it processed slowly far today. countries adopt it you can see clearly ( El- salvador )

The lightning network is the solution to the money problem & scalability problem which world is being faced at the moment. Bitcoin is the solution to the money problems not mainly to the inflation problem.
12  Economy / Economics / economic calendar For investors and traders on: June 29, 2022, 07:39:12 AM
most of investors and traders have no economic shedule. in this case they loss their money ( most of time )

Here is a All in one . investors and traders are able Know when to get in -and out- of the markets And trades with crypto's first ever economic calendar . BTC

https://www.cryptocraft.com/calendar?utm_source=twitter&utm_medium=social&utm_campaign=ccal&utm_id=ccal&utm_content=bro_kno
13  Bitcoin / Bitcoin Discussion / Why my balance is 0 btc in blockchain explore ? explain me please on: June 29, 2022, 06:00:42 AM
I had 0.00018 btc in my privet btc wallet And i send 0.00006 btc to someone and fee was 0.00002 btc and total cost was 0.00008. now it shows my balance in wallet 0.0001 btc without any issue but on blockchain.com explore it shows 0.00000. What is the issue ? something related to Utxo model? my bitcoin wallet is new one and my friend sent me 0.00018 btc for first time to that wallet . please explain me if it is something about utxo model....
14  Economy / Trading Discussion / Be careful ! 4500 Bitcoins has send to coinbase pro on: June 27, 2022, 02:10:16 PM
4,500 Bitcoin ($95,456,555)
aggregated inflows to Coinbase Pro. Big inflow into Coinbase Pro . Be careful now. could be a reason to a price pull back.  specially from Wallets which has more than 10k Btc And also with High CDD ( Coin days destroyed ) . it could means some of long term holders are selling Their Bitcoins.

15  Bitcoin / Bitcoin Discussion / What if bitcoin was exist in world Financial crisis of 2007–2008? on: June 26, 2022, 11:58:50 AM
comment your ideas below what if??
16  Bitcoin / Bitcoin Discussion / Bitcoin network 51% attack And Bad consequences on: June 25, 2022, 09:01:09 AM
Total computational power of the bitcoin blockchain is expressed in terms of the number of hashes generated by all the nodes. calculate for a second .At this time it is about 220 million tera-hashes per second. One tera hash = 1,000,000,000,000 hashes.
 51% of the total computational power means, single mining node (group, person ) should be able to generate more than 110 million tera-hashes per second. which means this node can mine the blocks faster than all the others in the network together — so it has a higher chance of producing the longest blockchain.



If the node of the 51% of the total cpu power decides to cheat, it can change the value of the bitcoin reward (from 6.25 to 100 bitcoins) and add them to his account? The value of the bitcoin reward and how it changes with time is defined in the BTC mining software. Each miner have a copy of this. The attacker can change it's copy to create more bitcoins for the block reward and possibly add that to the blockchain. But, once that block is sent to other nodes of the network — the miners who works with the legit software — and who follow the right rules, will reject that block. then the blockchain behind those nodes are not updated with this block. this will result in a fork.

When there is a fork, all the nodes in each branch of the fork is curious to know whether they are in the longest branch. Since the bad guy has control over the CPU power,it can generate more blocks and possibly own the longest blockchain.

BTC
Miners can find that there is another branch of the blockchain, which is longer than what they are working on by reviewing the block height property of the blocks they receive. block height is the how many blocks preceding a particular block on the chain — and the value of the block height is included in the block header. Once a mining node receives the block, node will validate it and if it conforms to the accepted rules of the the bitcoin network, then it will look at the block height. If the block height is higher than the latest block which mined at this node, then there is another branch of the blockchain which is longer than the one known to it. So it can disagree back in the blockchain and update its own copy by requesting the latest from its peers. make sure to remember this complete process will only happen, if the the block it receives is valid.

In case of the 51% attack, since the block generated by the scammers is invalid (in this case), even though its blockchain is longer, the other legit miners in the bitcoin network will not shift to it. This will make the attacker solo in its own branch. He or she can accumulate more bitcoins, but no one outside it's branch will accept those.


But, there are some other things an attacker can do if it owns 51% of the total CPU power. Double spending is an example . For example I buy something for 10 bitcoin — and post the transaction to the bitcoin network. The scammer can mine a block with that transaction, and updates the blockchain. Now after the merchant confirms that transaction, the scammer can mine that block again with a new transaction with the same inputs, but outputs the amount to the buyer’s bitcoin account. Now that block is a valid block, and the attacker can repeat this on top of that to make it the longest blockchain, with its 51% in computational power.

Also, the scammer can block some transactions being added to the blockchain. attacker can have it's own preferences and keeps-on mining the blocks with the set of transactions it wants. This will defer certain transactions — even though they happened quite earlier in time. Satoshi Nakamoto has suggested a way here to prevent such situation , but he himself concludes that there will not be a need to do such, where a miners want to explicitly drop some transactions.


By this moment , nearly all the miners are mining through pools, very few miners solo. A mining pool lets miners contribute their cpu power — and paid to each miner based on the hash rate they contribute. The following link shows the percentage hash rate generated by popular mining pools at the time of this writing.

https://www.blockchain.com/charts/pools
17  Other / Beginners & Help / is it worth mining bitcoin with a Gaming laptop? on: June 25, 2022, 08:13:34 AM
is it worth mining bitcoin with a Gaming laptop which consist Rtx 2070 8gb card??
18  Economy / Trading Discussion / Alt coins are About to pump again! on: June 25, 2022, 01:50:18 AM
Look at Eth/Btc Chart. looks like it has found the bottom. i see a clear uptrend towards 0.08. In this case alts can be pumped too. so keep your eye on At Altcoins. This could bebthe start of a relief rally. but i dont think so that will be oump towards ATH. expecting just a relief rally only.
 Roll Eyes
19  Economy / Trading Discussion / Trading system understand on: June 24, 2022, 06:26:40 PM
BTCtrading system is being called to how you get in and get of a trade. there are some major components in a trading system. it can be a combination of one or more factors.
some of them are below.

1. indicators

*Leading And lagging indicator


2. volume trading

*Volume confirms the trend of the chart


3 price moving.

*Price pattern.


*Major characteristics of a trading system*


1. Make it simple
2. easy to apply
3. system must provide profit in the long term run
4. Respect your system

5. Dont follow what other traders do. must be learned by them. not to copy. ( Very important ) By following other Crypto influencers in Social media you can loss your entire portfolio because they are just promoting and Earning money. they don't care about quality of the project . in this case most of newbies to the crypto  are lossing their money by following those influencers and buying what they recommend and loss the money.

Most of those influencers Charge  more than $3000 Per 1 post from their Social media accounts.
20  Bitcoin / Bitcoin Discussion / Best Wallets for Bitcoin lightning network on: June 24, 2022, 01:11:21 PM
BTC

Best wallets For Bitcoin Lightning network

If you don't know what bitcoin lightning network is Check simple explain Below.

https://bitcointalk.org/index.php?topic=5403508.msg60413001#msg60413001

lightning network isn't compatible with every crypto Wallets. Here are the Best wallets.


1. Phoenix wallet

A native lightning wallet That doesn't use on chain transactions And it handles All Behind the scenes such as opening and closing payment channels. offensive users easy to use lightning wallet experience . This app currently support on android only.

https://phoenix.acinq.co/


2. blue wallet

This application supports both of android and iOS OS. you can connect your node with bluewallet. bluewallet was introduced to have zero- configuration LN transactions to Both of android and ios. they try to make BTC easy for new users .bluewallet features like bittefill, zigzag , yalls and many more....

https://bluewallet.io/

3. Breeze..

Breez is available on android and ios . breez provides instant payments using LN and introduces Neutrino. open source wallet for simple payments between friends and merchants..

https://breez.technology/


4. muun wallet .

This famous among lightning network users. this is a wallet which uses cutting-edge technology and non custodial . It offers 2 of 2 multisig with muun as a co signer offers security storage for your privet keys.

https://muun.com/

5. strike wallet

available on both os And it offers friends , merchants & creators to make and receive payments with LN .

Strike is LN wallet that connect with your bank account and let users to receive and send payments globally through lightning network . buy & sell Btc And convert from fiat and vise versa. provies you the easiest and best way to Buy bitcoin and escape fees and staking sats , the right way.
 
https://strike.me/



6. Alby wallet .

this is bit defers from other wallet because this is not and application , simply it is an web extension .

available for chrome and fire fox.
authentication with a bitcoin LN wallet such as LND, BLUEWALLET, ECLAIR.

there is no 3rd party tracking options transactions are direct between sender and receiver. this is an open source .

https://getalby.com/
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