[The Trial Over Bitcoin’s True Creator Is in Session]

In the recent news it seems Craig Wright is being chilly about his claims of being "Satoshi Nakamoto". The recent sessions started i the UK court and as usual COPA team was available to make the claims false or fight against Wright's whatever accusations.

The COPA is Crypto Open Patent Alliance, a nonprofit consortium of crypto and tech companies.

It's a blessing for us because Wright is fighting against all allegations so that he can become the ruler or possessor of Bitcoin and have an authority over who will be working on Bitcoin's codebase. I am really not sure if this can be done but looking at the fight he has been giving, man things can turn upside down for us.

As Bitcoiner, I would like Wright to lose this case and COPA should get all the attention and evidences against him. This trial has been out there since 2016 and COPA has been fighting for the trial since 3 years now. However, this was first time they got into trial in the UK.

What is your take on this?

For eight years, Craig Wright has claimed to be the elusive Bitcoin creator Satoshi Nakamoto. On Monday, in the swelling heat of a UK courtroom, a trial began that will finally settle the question.

Wright, flanked by his legal team, appeared relaxed during opening arguments, leaning back in his chair with one leg crossed over the other. That calm belied both the stakes of the trial, which has major ramifications for the future of Bitcoin and the forceful rhetoric of the plaintiff’s lawyer Jonathan Hough, who called Wright's claim to Satoshi-hood a “brazen lie.”

The lawsuit Wright faces was brought by the Crypto Open Patent Alliance, a nonprofit consortium of crypto and tech companies. COPA claims that Wright’s recent history of filing intellectual property lawsuits—predicated on his claim of being Bicoin’s inventor—has had a “chilling effect” on Bitcoin, driving developers away. To prevent him from impeding the development of Bitcoin any further, it is asking the court for a declaration to the effect that Wright is not Nakamoto.

Nearly three years after filing the lawsuit, COPA today had its first chance to outline its case against Wright at trial. Since Wright first claimed to be Nakamoto in 2016, said Hough, he has “terrorized” Bitcoin developers. “COPA has brought this claim to bring a stop to this conduct,” said Hough.

In contrast to some recent crypto lawsuits, like the fraud trial of Sam Bankman-Fried, founder of bankrupt crypto exchange FTX, which became something of a piece of public theater, the COPA v. Wright case has attracted little attention. A small band of photographers gathered outside the courthouse Monday; inside, a few reporters and crypto watchers jostled for the limited available seating. But the case has the potential to be highly consequential.

A trio of related lawsuits previously brought by Wright, in which he is seeking to assert intellectual property rights over Bitcoin, will be bound by the ruling. If COPA is successful, Wright will have difficulty taking these claims any further. If Wright wins, and is successful in his own cases thereafter, he would be free to act as Bitcoin’s gatekeeper, deciding who is allowed to work on the codebase and under what terms the system can be used.

The stakes are “very high,” says a representative of the Bitcoin Legal Defense Fund, a nonprofit that is funding the defense of Bitcoin developers in a separate lawsuit filed by Wright, who asked to remain nameless for fear of legal retaliation from Wright.

The respective opening arguments offered an early indication of both COPA’s strategy for dismantling Wright's claims—in short, to discredit through forensic analysis the raft of documentary evidence Wright has put forth—and Wright’s intended approach to countering the accusations of forgery.

The bulk of Hough’s opening address focused on the ways in which Wright had allegedly forged or manipulated documentary evidence that, if credible, would indicate that he is Nakamoto. Among various allegations, Hough accused Wright of running back his computer clock to make documents appear as if they were created before Bitcoin existed, of deleting files and altering others on a hard drive whose contents he entered into evidence, and of attempting to fabricate new evidence after experts in forensic document analysis identified issues with existing materials.

The burden of evidence will be on COPA, as the plaintiff, to demonstrate that Wright is not who he claims to be. To that end, Grabiner pointed to the absence of any other credible candidate in the search for Nakamoto. “An interesting feature of this case is the non-appearance of a competing Satoshi Nakamoto claim,” said Grabiner. “It’s sort of Hamlet without the prince.” Although COPA intends to pick apart Wright’s documentary evidence, it has “been unable to point to any evidence that Wright is not Satoshi,” he claimed.

Wright will take the stand on Tuesday; his testimony is expected to last up to six days. His ability to account for the findings of the forensic reports and explain away the lack of incontrovertible evidence in his favor will say much about whether he is truly the long-lost creator of Bitcoin. Or rather, as Hough would have it, that “Wright’s claim to be Satoshi is a lie.”

Source: The Trial Over Bitcoin’s True Creator Is in Session

[Imagine the protocol:]

Has anyone thought about the Multi-Device wallet creation or something similar?
I think everyone today holds at least one laptop, a desktop, a tab, a smartphone, and a bunch of devices sometimes. I am getting a feeling that we should start exploring the possibility to synch these devices and then create one wallet with one owner of it.

Imagine the protocol:
Once you start the wallet creation process it will ask you the number of compatible devices you have, probably with more details such as OS, make, and model and it will tell you the exact steps to follow so that you can install the part wallets on different devices.

Once you have that in your hands, we can start installing the apps on various devices as per the tutorial.

So Device 1 should be able to generate a partial key, Device 2 will generate another part, and so on. Let us say we have 3 devices then they will have the key broken down in three ways.

It could be a pattern base:
Sometimes it will pick up the first 4 characters, sometimes the last first or middle first, and so on! The permutation and combination will play a great deal of role here in increasing the anonymous nature of the private key itself.

This part key will only work if these three devices are together, and we turn on the Synchronization with some of the passcode beforehand.

What do you think about such a sophisticated mechanism, will it work someday?

["primer"]

This is an entirely new ideology that I was just parsing while reading the study of DNA and how Satellite DNA fingerprinting works. DNA fingerprinting is a major role when it comes to identifying the biological parents, crime identification, and much more applications in the field of biology. However, mother nature can teach us many things, and by referring to this we could create astounding technological advances.

In the current era, crypto space is booming but the crime rates are also rising up. Stealing information, misleading the world with their own identity, singing messages, showing the authenticity of the user and much more you name it. All we can do is have signature messages and link that to the person who is holding the private key for the same.

How about moving further with this technology and creating something referred to as a Variable Number of Seed Repeats? In this technology, we can implement an algorithm that will be able to track down the seeds generated from all types of transactions for a particular address and thus for a particular person for the instance.

Let us consider, John is holding an address bc1XXXXXXXXXXXX ultimately holding the private key for the same. Now let's consider that John has made some 50 transactions which he sent to different addresses. Whenever he will broadcast the transaction a seed will be generated and this seed will be associated with some sort of "primer". For easy understanding let's assume it is a virtual file with seed info, transaction info, and a unique primer that is stored on it. This file won't be accessible by anyone but would be stored on the local device itself in an inaccessible folder for higher safety. The only program that would be able to read and write would be VNSR.

Linking to the Owners Genome:
Now everyone must be thinking how is this even possible? Well, there are some tests that are approved by the FDA that can be done by the end-user at home to identify a few mutations in the genes and thus have some understanding of ancestry based diseases that might arise. Since to date, we are able to produce such tests, it could easily give us piece of readable information that can be encoded in the binary system and included in our so-called VNSR file.

Now this will be one of the "primers" that will be tagged to every transaction that we do through seed generation and thus form a unique signature for us.

What VNSR would do is, increase the confidence level of that device, address and other validation factors whenever more and more seeds are generated.
Since a seed would be "unique" generated text, it will only be created once in the entire lifetime of anyone using crypto space but will have added identified that is our primer readable through VNSR.

As VNSR will grow from computer to computer, a complex network will form giving birth to the directory of millions of addresses and their owners.

VNSR Analyzer:

VNSR analyzer would be a decentralized processor linked to the blockchain and understanding the directory as it grows. To this point, there is no breach of any sort of centralized system so we are all good.

How would someone be able to prove the ownership of the address?

Let's imagine a day when John is holding thousands of bitcoins and someone challenges them that they are the owner of a particular wallet. Maybe they got hacked, and they had legal disputes. OR some other example that you might be able to imagine, maybe prove ownership in Bitcointalk forum for that matter.

All we can ask for the user is to take a "direct-to-consumer" test at their homes. Once the data is generated, just put it in binary and submit it through the VNSR analyzer. This would be then analyzed by the VNSR and should be able to send out info such as who submitted the correct binary thus confirming their ownership. It can lay out info such as the device that was mostly used along with the IMEI information of the device.

Moreover, there won't be any cheating in this system since everyone can submit the particular binary code from their homes with a complex method of creating binary data that take-home tests.

Obviously, this is just initial thought, someone might have a brighter idea than this. But it is sparkling for me that something like this could really work as a protective force against fraud prevention.

[The idea for Offline Bitcoin Sending / Receiving Via Short Messaging Services]

The idea for Offline Bitcoin Sending / Receiving Via Short Messaging Services

The Problem:

We know very well Bitcoin can not be sent without an internet connection. While spending bitcoin from your wallet you need an internet connection via which you broadcast your transaction. This is picked up by the network/miners for further confirmation and is then included in a block forever. The entire process will use your internet connection.
From broadcasting to giving you confirmations, the wallet will keep synching with the blockchain via the internet.

It has been almost ages since we are hearing and read that this is one of Bitcoin's disadvantages as not everyone is blessed with the internet. Or even if we have it, is it possible to send it offline?

The Theory:

A possible solution is around us since the time cellular phones were invented and we got the capability of reaching out across the border via towers, satellites, and much more. This is without an internet connection obviously. In the initial days, humans knew we have broad-spectrum radio frequencies which can transfer sound waves across hundreds of miles in one go. They started building towers for specific distances to cover the range even further. As we advanced, we invented the texting system. In this one data packets with 160 characters (including all alphabets, numbers, and special characters) were possible to send and receive almost instantly.

Slowly, SMS is literally going away since we have the multimedia capability which uses the internet and we chat, call, and video over the internet via different apps.

However, the forgotten SMS could be the potential key to sending our bitcoins across the border, and that too almost instantly.

The Core Concept:

The SMS works on the principle of sending data packets over cellular networks. A packet is sent from the sender's device to the nearby cellular tower. The cellular tower then bumps the packet to SMSC which is Short Message System Center. This center then locates the nearest tower of the "receiver" and thus it transmits the packet to their device and they receive the readable message.

This does not require any sort of internet connection. Pros: If somehow the receiver is not within the reach of the cellular network then SMSC stores the packet and keeps trying to send the SMS until they get it. This means, there is a high probability of reaching the receiver's device.

How we can use this method to Send Bitcoins without the Internet?

A sharing protocol can be integrated within the wallet. Let us say I am having a wallet that isn't connected to the internet at the movement. Since I will be in possession of the private key, then I should be able to generate the offline transaction by signing it.

Since it is not connected anywhere it will be air-gapped. However, I should be able to download the desired transaction in text format so that I can send it via SMS.

The Blockchain Receiver:

This is again one of the biggest air gaps between my text containing the transaction seed and adding it to the blockchain for further confirmation.
This isn't difficult to achieve.

For example, we are flooded with OTP's these days. OTP is a one-time password generated through cell phone communication and sent to users' devices. As soon as a web-based application receives this OTP it verifies the user's data/device etc. [ Continued..]

Broadcasting and Synching the nodes:

In a similar fashion, we can have a Host/mining pool integrated with SMS receiving protocol. This will help the pool/host to keep track of any messages that are getting sent to it. Once it receives the message with valid transaction information, it should be able to download it and add it to the current block for confirmation.

Once the miner confirms the transaction it should be able to send back the information in SMS format to the receiver's device. Once the users' phone receives the SMS, their wallet should be able to read it out and synch the wallet with an updated balance. Moreover, pool/host should also send the same message to the "senders" device thus their wallet will be synched and confirmed as well.


Air-gaps:

• Between the soft wallet and blockchain
• Between the hard wallet and blockchain
• Between the sender and recipient  

All of them can be filled with the Short Messaging System without the Internet. This will take technical upgrades on various ends that is wallet, miners, pools, and devices. However, since it is going to be only soft update I believe it's achievable with the devs who have complete knowledge on both sides.


If this is already discussed, then what happened with the idea and what were the challenges other than above mentioned theory?

I was making a post somewhere and it struck my mind that, there is a new fear that I am unlocking slowly.

I started with the Mi phone earlier, where Mycelium is installed. I already have an imported account on it and I am constantly using that particular address to receive various payments or sometimes send some earnings to that phone.

However, have you guys ever thought that what happens if that phone never turns on the next time you want to access the Mycelium or your desired wallet on it?

I do have a backup plan for that, I have written down the backups, private keys, and passwords on multiple papers obviously.

However, it is still frightening to know that some technical glitch might happen since its hardware, can corrupt, can destroy. Ever been in such a situation?

Would you keep importing your wallet every time you buy a new phone or laptop for that matter?

You could stumble upon a situation where you will think "If you would have taken the risk" then you could have been a billionaire or millionaire for that matter. We have already learned multiple lessons throughout our crypto journey until now where investors had an opportunity to grow big but they lost it all due to fear or temporary greed at all once.

Whether it was bitcoin pizza day or two waitress sisters fighting for their Bitcoin share, we have heard and read all the stories.

Just came across a story about an investor who invested in meme coin, SHIBA INU. The investor named Damien Slash was one of the early adopters of SHIBA and he had invested around $2000 at the initial value.

Damien had lost the hope of getting good profits and he thought SHIBA is just like other coins and there is no point in holding the same. He has withdrawn the investment at $300 loss. However, soon after Damien realized one of the biggest mistakes he had done. His colleagues who knew about Damien's SHIBA holding told him that SHIBA went 67 million % from the initial launch value of the coin.

If he had holdings till then, he would have been the next billionaire. Imagine the pain that is soaring from this incident.

Have you encountered anything like this?

Once a Shiba Inu investor, Damien Slash, has gone to YouTube to express his frustration after missing on a lifetime-changing investment. Reportedly, Damien was an early Shiba Inu investor but got out of his investment before the mega profits. In the video, Damien is seen in a somber mood after he learned from his friends that Shiba Inu gained more than 67 million percent after he sold his bag for about $2000.

“I just got a message from a couple of mates and they told me that Shiba Inu has gone up 67 million percent since January. At that time I put $2,000 into it and I left it for a couple of weeks. It went down and I sold it for a loss … It turns out that it would now be worth $1 billion if I hadn’t sold it. Now how to live with that?” he stated.

The trader feared losing his initial investment after Shib’s price began to dip during the early trading days.
Shiba Inu: Smart Investor Turns $2,000 into $1 Billion with SHIB and Latest Ecosystem developments – Report

Tesla recorded a $204 million impairment loss in 2022, according to the United States Security and Exchange Commission. Despite the loss, the electric vehicle manufacturer made a profit of $64 million from converting its bitcoin holdings to fiat currencies last year, Techcrunch reported citing the USSE commission. Overall, the automaker lost $40 million from crypto trading activities.
In the first quarter of 2021, the company had invested $1.5 billion in bitcoin and stated that it believed in the longevity of the cyptocurrency. The company said bitcoin was a great place to store cash and still access it immediately, providing a better return on investment than more traditional central banks. In fact, after its initial purchase, Tesla promptly trimmed its position by 10 per cent, making the automaker a quick $101 million, Techcrunch report said.

Elon Musk in March 202 said that Tesla would start accepting bitcoin as payments for Tesla vehicles, causing the price of the crypto to boom. A few weeks later, Musk and Tesla backpedalled on that decision, expressing concern about the amount of energy needed to mine bitcoin. The price of bitcoin then subsequently sank, the media outlet said.

In 2022 when the value of bitcoin became better, Tesla sold 75 per cent of its bitcoin holdings and used it to buy traditional currency. As of today, the company has $184 million worth of bitcoin.

Tesla, an automobile company was holding more than 1.5 billions in 2021 but lost it in the year 2022 when we had the bloodbath. Since Tesla had its image connected with bitcoin as well as reputed automobile industry it was definitely forceful decision to sell it all in the long run.

But, they did it playfully and saved as much as 64 million dollars in profit when bitcoin shown its volatility waves. Tesla also trimmed almost 10 percent of profit from the company itself to balance out it.

The important lesson: No matter if you are individual OR big company you have to have perfect timing for buying and selling. Moreover, you need to know proper strategy to play (no matter how many fouls it would do) but you have to save up your investments and make profits.

[Category]

This thread is only for reference purpose. Since the beginning I am trying to contribute to the forum in all the ways possible. I am learning few things on my own and distributing the knowledge further to the Bitcointalk Community.

It feels good when positive responses are made on such topics and keeps us motivated to do more for the Bitcointalk Forum.

So read them, leave positive comments and help the community grow with excellent knowledge.  

__________________________________	____________________________________________________________________
Category	Topic Name
__________________________________	____________________________________________________________________
Hardware Wallet	Ledger Nano S - Personal Learnings & Review
Mining	[GUIDE - Personal Experience] How to get started with Mining
Mining	Part II - [GUIDE - Personal Experience] How to get started with Mining Continued
Technical Discussion	Blockchain - Understanding it step by step.
Forum Features	Reference Thread for Different Colors | Multiple Shades |
Forum Features	Tutorial - How to create Table in the BitcoinTalk Forum
Forum Features	Adjust Your Uneven Images in single row

Hope to see my list will keep growing in the near future. Couple of topics in the above list needs continuation as I have started them as chapters. I will surely revisit and keep upgrading them further.

It’s been so many years we have seen bitcoin and altcoins melody of bear and bull trends. Every time I see bull run, peeps will be asking two questions:

1) What is the highest bitcoin price in this bull run?
2) Is current price is perfect to sell my assets?

The funny part comes later when bitcoin starts falling down and goes all bearish. This is current live situation. In this trend there will be another set of questions like:

1) Why bitcoin is falling so harshly?
2) Why altcoins fall when bitcoin is falling?
3) I sold my bitcoins in loss, what should I do?
4) When will bitcoin go bull again and when is the resistance for current market?

Peeps, seriously everyone needs to pull their thoughts together when it comes to situation like this in the market. After all either market crashes or it goes up and all of us has to do is one god dam thing, you just hodl your crypto tight, either move them to stable coin economy to stop the losses.

However, in crypto space you should remember; you are not at all in loss if you have not sold any of your portfolio. This is common logic everyone must apply to their trading methods. 

Above questions are recurring, every time, every year. Pick the histograms, Check the cycles of bear-bull and stay relax!

If you see market dipping, then it’s not loss but it’s market whose giving you opportunity. Just take it

[Mistakes:]

Hey Guys, just writing up some reviews about Ledger Nano S which I had bought back in 2017. After extreme reviews with fellow members back in time I decided to purchase it since managing software wallets was full of surprises (hacks, phishing, easy to spend etc.).

Even though I am still using Mycelium Wallet, but had experience all of certain when the wallet was not opening due to some system update requirements.

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You will love my experience because I already had lost my Nano Ledger S during shifting of our house. I literally got it back two years of time span.
************************************************************************************************************************

This is my Ledger Nano S which I lost. Thankfully owner returned it as he had no idea what the heck is that. Even if he had, he would have never been able to access it due to its password protection.

_______________________	_______________________

Bought on Amazon. Graciously Ledger Nano S and other models are easily available in India. I bought mine on the Amazon [dot] in. There are plenty of retailers who are locals and importer of electronics who has it available in-store also. However, this won't be available in the big chains like Croma, Reliance Digital, Vijay Sales etc. for obvious crypto reasons.

What you get when you receive your box?

The box contains properly fit Ledger Hardware Wallet, a chord, a manual, the keychain strap and most importantly you get a pre-printed card with 24 fields to write on. That's right, you might have guessed for what it is! Its for writing down your 24 words so that you can have this physical copy stored somewhere safe.

Mistakes: Usually everyone wants to be handy so they start clicking picture of every word or either they would screenshot it on the device. This is not at all advisable because even if the single picture is lost then you are done and wont be able to recover the wallet if you lost it.

Rightful Thing: When I lost my Ledger, I was still a lot relieved because I knew I have the 24 words stored safely. That's the benefit of it. You can store physical card, plus have its photo clicked and stored on device, drive etc where only you have the access to.

The Setup - They have made it user friendly

Hardware wallet is very easy to set. First of all if you will have to download and install "Ledger Live" from the official site. When I first stated with it, there was old version with separate wallets to be installed and use. For example, when I did the set up there was Ledger Bitcoin Wallet and separate Ledger Wallet manager.

With the latest update you get everything under one roof. Whether it is your bitcoin wallet, etherum wallet or any other supported altcoin you want to store on your hardware, that can be easily done.

1. Connecting Your Ledger Nano S ( Easy ⭐  ⭐  ⭐  ⭐  ⭐   )

______________________________________________

_______________________

Once you successfully unpack the package and install then you will be asked to connect your Ledger with the USB provided. You will start first connection process which will include:  a. Getting started tutorial  b. PIN code generation (This one is for your hardware wallet. You will be asked every-time you open it, change setting, install apps, verify identifier etc.  c. Recovery Phrase Generation (Every single word will be displayed on the hardware wallet screen. You better write down this on the the provided card with box.  d. Hide Recovery Phrase (This one for the Live view)  e. Connecting (A USB will be provided, after above process the wallet will start synching for the latest firmware update, app installs etc.

The very first thing your Ledger Live do is "Genuine Product Check". This is to conform that you have right hardware with you and not the fake one.



As soon as you hit the Check my device button on the right hand down corner it will start processing and it really just take less than a minute really. After this you are good to go further.
Upon successful product check it will show window like the following. From here onwards you can start connection and proceed for the unlocking.



2. Opening your Ledger. ( Easy ⭐  ⭐  ⭐  ⭐  ⭐   )

______________________________________________

_______________________

The most exciting part unless and until you have already set it up for the first time. If this is first time opening then you will have work on firmware upgrades, apps install and adding the accounts. Refer to the right hand side image. This window will pop up as soon as you connect your Ledger Hardware with the USP and desktop/laptop. There are two small button on the ledger. These buttons will work individually or altogether as per various operations. For example, up and down, enter, delete etc. Usually your Ledger Live blinks the action on screen so its really easy to understand how to use it for the first time. Once you are used to it, you just go zoom! This is where you will have insert your PIN CODE that you generated at the time of first connection. For any troubles, you will have on screen support, usually boot loader pops up while fixing. If issue is unresolved then you check FAQ on site or get in touch with support team.

3. Ledger Live Dashboard Window  (Average: ⭐  ⭐  ⭐  ⭐     )

______________________________________________

______________________________________________

As soon as you insert correct pin code and access the wallet data over Ledger Live you will be shown images shown in left hand side. Basically this is amazing update. If you would have seen the initial version then it was very simple, with ledger manager entirely different than wallet app. Here you can clearly see all the dozens of options to choose from. Portfolio: This is where all the accounts history, balances are shown mostly preset with graphical presentation. From Add Account shortcut you will be able to add new wallets. This means you will have to different wallets for bitcoin, eth, other available and supported altcoin to which they call it as Accounts. This is the dashboard from where you will be able to update your firmware as well.

4. Installing Firmware Update ( Easy ⭐  ⭐  ⭐  ⭐  ⭐   )

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_______________________

For the first time, mostly you will have to go through the firmware update process. If you Ledger is pre-loaded with latest update then you wont be asked for the same. However, installing is as easy job as to follow the next, next button. Make sure, your Ledger is properly connected with the USB, sometimes with loose connection or sudden disconncetion it could corrupt. However, there is option to resume the Boot-Loader so that you can auto-fix this. Same option can be used if there is sudden breakdown of firmware upgrade. This is why I have rated them 5 star for this process. They have considered all the possibilities and mistakes that general user can do. Moreover, it downloader will also ask you whether you have your recovery phrase or not. It will take the tick consent and then only proceed for the downloading.

The whole process looks like this:

_______________________	_______________________	_______________________

Once you have given the consent that you have your recovery phrase then it will initially start downloading the identifier and firmware update. There will be manual verification of the Identifier before you can proceed further installation.

The identifier will be displayed on the Ledger Live window and at the same time it will start displaying on your Ledger Nano S screen too.
If your bootloader is not updated then it will also get updated in this step itself and then firmware starts updating.


5. Installing Wallet Apps ( Fair ⭐  ⭐  ⭐       )

Account addition is easy but it is extra work. You wont be just finding all the currencies on your hardware. It still needs to be separated with the wallets inside hardware. You have to select desire currency and click on the apps available.

You might have noticed there are only three stars for this one. The problem is they have given very less space to install the other apps. Though majorly used apps that is Bitcoin and ETH will fit in suitably but to install others you have to priorities the whole thing.

Total Space On Ledger Nano S is 138 KB
Space taken by two apps 110 KB
Leftover: 28 KB

Thats minute space to fit in all the apps.

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What to do if your Ledger / Hardware wallet is broken or lost?
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Remember the 24 word card that they provided to you and you wrote all the keys? Well that will be you saviour in this case.
All you have to do is go to following tool and insert your keys and define a standard path for the same. The tool will generate addresses with private keys so that you can access your coins.


The Tools Name is: MEMONIC CODE CONVERTER

Basically it works on different deviation path and your memonic codes. The derivation path could be BIP32, BIP39, BIP44, BIP84, and BIP141.

Since we are on Ledger topic, the software that is Ledger Live uses standard derivation path that is m/44'/60'/0'
Sometime you may not find your address on this path so you can try out these paths too:
m/44'/60'/1'
m/44'/60'/2'
m/44'/60'

Remember to run this privately since it will generate the address along with the private keys. Usually you can see your address on the first page itself, if not then you can simply keep retrieving more addresses until you find yours.

You can choose the derived path as per what you looking for (bitcoin or ether).




For now that is all. Will keep adding problems and solutions if any just for education purpose.

[My new Financial Goals include:]

Happy New Financial Year Guys!

There are different dates which commense the start of new years, for example, 1st Jan is most common calender based 365 year which resets on that and like dollar everyone follows it. However based on traditions, culture, lunar calender etc, there are many years. For example, Lunar, Chinese, Mayan etc.

However, talking about the exclusive year, we are here today on 1st of April, begins the race for new Financial Year.

How do you see this date?
Are there any particular changes you make so that you can have more incomes, less taxes, new real estate purchases and anything thats related to financial goal!


In my case I already have these:
1) Pencil and Chalk art selling (Always open for commisioned work: Pencil Carving Artwork | Personalised Gift | Custom Iconic Art | BTC Accepted )
2) Crypto currency mining. (I have two mining rigs at the moment [GUIDE - Personal Experience] How to get started with Mining )
3) Biotechnologist (Regular job)


My new Financial Goals include:

I am working on setting up my own business related to R&D. Since I have been working in the pharmaceuticals since few years now, its time to pull the rug for myself. I have already set up online selling account for the products that are required in the research supply chain.

This year is crucial and I am willing to set up my own Research Laboratory.

So my first goal is:
1) To collect as much capital as I could.
2) Keep low to null dependency on the loans.
3) Keep debts out of the chart!
4) More product selling, artwork selling.
5) Increasing Mining Capacity for increase capital gain.


Do you make such plannings?

Note: Its very important part of your life to practice financial management. Always check with your CA's or yourself whether you are keeping the healthy credit line. Having your CIBIL score above average is masterpiece if you wanna survive smoothly!
Kids - Start saving, less expenses more savings thats the goal.
Only spend what you dont need, only spend when you need. But off course enjoy the life with what you earn. 

[Key Point: There are some good projects who are making their tokens as utility one and which can be used for some real use. Have you had any experience like this which made you think that crypto is slowly getting injected into the current ecosystem and making our lives free!]

I am fan of trying out new things in terms of earning money. I am one of those who is always behind earning lot of money from the internet. You can do this by using your skills or pre-developed models out their in the wilderness.
Whether it is to install a gaming app or try out an offer, I am always there via micro earning websites.

Recently I have got very good experience from one of the site that I use to earn micro bucks named Honeygain.
Honeygain in short use your bandwidth and share it with the end users. They pay your in the Honey Credits.

It was all boring and tiny earnings until game changer JUMP TASK project got launched. The symbol for the project is JMPT. Honeygain has now started me to opt out for JMPT wallet payouts and to do so I am also getting 50% bonus on all my earnings.

Honeygain used to pay with PayPal initially but they know that its hard to put up the money in credit balance until users reach their final payout. So JMPT is blessings for them as they take care of micro payouts without and glitch.

The JMPT gets paid on BSC so the fees are also as low as 10-20 cents when you transfer the balance.
The transaction is also instant.

(PS ****This is just an experience sharing. In neither way I am promoting above mentioned projects, sites whatsoever.****)


Key Point: There are some good projects who are making their tokens as utility one and which can be used for some real use.

Have you had any experience like this which made you think that crypto is slowly getting injected into the current ecosystem and making our lives free!

Happy new year to all of us. (Asian region passed the timeline). I’m still on forum and that makes me think how addicted I am to crypto currencies and bitcointalk forum. Lolz. I can hear the fire crackers outside with happy moments situation.

Well, the reason for this topic is new year and how is our outlook of it for the financial side. I’m very obsessed with 2021 and how it turned everything upside down for the financial part of my life.

I have learnt great amount of deal coming 2021 in regards with how I invest and earn my money. The balance of your income sources is way important than your expenses and investment. In 2022, I have very importnst goal to achieve and that is to add another income sources into my existing list. This could be either e-commerce based on crypto currency payment availability. This is just to cherish the new year with crypto as well as my personal income source outlook.

I wanna know how you guys gonna react to your own “personal economic world”.  

The Mission SpaceX DOGE -1 which is out of the idea to showcase the usage of crypto currency out of the earth set by Elon Musk is not taking speed as we speak. The news has now slowly started to flash everywhere on the news channels, social media's etc which seems to be just right time as we are left with one month time to finish 2021.

The year 2022, early months would be the final timeline for this mission. With what is being shared over the news, Elon Musk's company SpaceX is doing everything to launch it at the earliest are on time right now.

A sneak pick from article and what Elon has to say about it:

“This mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce. We’re excited to launch DOGE-1 to the Moon!”

Moreover this shit is so serious that SpaceX has partnered with various vendor companies working for them and also involved with the crypto payment processing.

To fund this mission, its obvious that Elon will buy huge load of DOGE so that they can start processing the payments for all the vendors, and he may reward his employees with DOGE giving out big green candle out in the market.

Let us say whatever about Elon Musk, we cant change the fact that this is all going to happen and believers will surely benefit from this.

References:

Dogecoin to the Moon in Q1 2022 as DOGE-1 Set for Launch by SpaceX
Elon Musks's dogecoin funded SpaceX mission is set to "reach the moon" early next year with a satellite created by blockchain companies: report
Elon Musk’s SpaceX Is Launching An Actual Dogecoin Mission To The Moon In 2022

[Regarding Mining in India.]

Hey guys, I have 2 threads active in the beginners section regarding how to start mining. You can have look on them here:

Part I - [GUIDE - Personal Experience] How to get started with Mining
Part II - [GUIDE - Personal Experience] How to get started with Mining

Please do checkout both the threads it will really help you a lot.

Regarding Mining in India.

I have seen many peeps here are struggling to start with the mining process. The main issue is getting trusted sources for the hardwares, proper space to set up everything, and mostly electricity costs.

I started mining in my home room only. However the supply in the Indian houses are around 5000 watt only. If you are living in 2 BHK apartment then on an average our houses will be using around 2-3 thousand watts of energy at any given point.

If you are having separate bungalows then your house should consume more than 3 thousand watts at any given point.

So you guys must take care that you should not be running more than 3-4 mining rigs with 900 watts each. A little over 5K watts is consumable however with the time you may end with incidences like short-circuits and power outage from the main connection.

Best Advice:

You can option out for separate meter for the room where you going to mine.
Like in my case I have set up new meter connection along with the sub-breaker for the safety purpose. Below is the quick snip of the room where I have kept the mining set up:



Better have the breaker like this: I would suggest two in numbers because you will have this set up in house so better be careful.



The above set up is in Maharashtra State. The temperature here is very hot during the summer and could reach up to 40 degrees celsius (the city where I live). In rainy season power outage is there for 2-3 hours which you all guys know is very common in India.

However, in any season I have never had problem. The Air Conditioner is stressed out in the Summer however it does the job very well.

Best way to keep things up and running smoothly is to: CLEAN YOUR DEVICES all the time. Being in India, we have to face the fact that our houses are always filled up by the dust and webs etc. Cleaning really helps for longer shelf life.

Trusted Buying Sources?

Well as far as you ask me about my mining rig then I have done this DIY. I have bought everything from the different sources. The major thing here is GPU's. Its always better you contact your local electronic shop and ask them keep an eye on the Graphic Cards for you. Mostly you can get the things done from Gujarat side. Many many mining equipments are coming from that region only.


Hope you find this very helpful. Also checkout the above mentioned threads for detailed info on getting started with your mining. Its really profitable and can help you for the second income.

Taken the title as it is from the article.

So the worlds most popular exchange binance (Crypto) facing big troubles around the globe. Most of the countries sees Binance as an exchange who has entered their territory with no formal juris acceptance neither they tried to explore the regulatory requirement.

With that said Binance now has hired the former U.S. Internal Revenue Services member named Amjad Qaqish who has over 30 years of experience in the field. Among this the article states 23 years of his career was spent as an agent of IRS criminal Investigation.

It would be very interesting to see how this guy is going to manage the Binance henceforth and how he will be taking control of illegal statements in other countries. He does carries the experience of crypto related cased of fraud, tax evasion, money laundering etc.

Do you think this a good move by the Binance?

Read: Binance Hires IRS

[With the digital era, there are just so many ways to earn the money. If spoken about the crypto space then . .]

This morning, I was reading a book on "Good Economics for Hard Times", written by two MIT professors Abhijit V. Banerjee and Esther Duflo.
I am not reading it in-depth however were looking over few chunks out of it.

It made me think about my daily routine, how I see things in financial perspective. If you see yourself and analyse by each hour, day, or monthly basis in terms of your expenses then you get know how slow earner we are and how expensive we are.

Obviously by now I have understood one thing in my life, you need multiple income sources to have all that you always dream!

I know very well you can live a low budget life too. For example someone might just argue, you need only single stable income. True. BUT, as you go on in your life, you start to experience big burden of expenses piling up on your shoulder. Whether it is commute expense, fuel, daily food, dates with your wife, school expenses of kids, their wishes, birthdays, car loans, home EMI, personal world tours and non ending stuff you name it. Things will always be boomerang and they will sometimes go ahead of your income.

This will never end up in financial stability, rather it will just keep you up to date with your 9 to 5 job, a small circle, with broken dreams and stuff.

So, a thought cam in; you need that Non-Ending Economic Circle. By definition literally means you should be able to tackle the satisfaction by means of scarce sources.

How one can have this satisfaction?

Well as far as I am thinking you get into the market and create multiple income sources. There should be flow of money your banks all the time. You should be thinking more about your plans rather than bending your plans according to your bank balance.

With the digital era, there are just so many ways to earn the money. If spoken about the crypto space then . .
1) Crypto staking
2) Mining Farm (Very profitable if done properly)
3) Crypto Trading
4) Crypto Investment by HODL (More or less staking without fixed APY%)
5) Work at Forum

Apart from above list:

1) Blogging
2) YT influencer
3) Social platform king e.g. Insta page, FB pages, Twitter (Promoters)
4) Digital Marketing

The Big Boy
Be an entrepreneur or business owner of at least one stream of product that suits you.

Moreover there is big platform to work as part time earner on amazon, medical writer, medical coder, flyer influencer and many more opportunities which can be availed with few course or based on your skills.

Has it occurred to you sometime you should have more income sources than just relying on single one?

Do you really believe in such economic circle where your income is unlimited and your expenses does not matter. 

[100 million plus]

There is an amazing article that was recently published by news network - The Hindu. They have explained some good points on how bitcoin is taking off in Indian economy and in the hearts of Indian peeps.

The very first thing the price that’s increasing all the time. Every year we have seen huge up surge in the bitcoin prices.

However, there is always little higher price difference in USD and INR. Even I have observed that for all the coins including bitcoin the price is little higher as compared to USD-INR-Fiat pair.

Second largest point is regulatory stuff.

Until 2019-2020, RBI which is Reserve Bank of India had ban all the crypto related transactions. This led to stiff drop in crypto users for temporary period since mega exchange like Zebpay, WazirX and others started facing issues with banking partners.

However, soon in the 2021 bill Supreme Court of India passed the judgement that RBI should not be banning such transactions which can contribute to the Indian economics.

Well well well, when it’s regulations no one can go against it. When highest court is from your side then it’s just most amusing thing for India. 

Good Facts from Articles:

1) There are 100 million plus bitcoin holders in the India.
2) India is now of the largest bitcoin holder by its number of users and value.
3) India is witnessing largest growing exchangers and wallets. Viz., WazirX, CoinSwitch Kuber, CoinDCX, Zebpay and BuyUCoin.
4) CoinDCX alone has crossed $1 billion milestone.
5) Bollywood stars like Amitabh Bacchan, Salman Khan are set to create NFT based digital autographs to sell and they will be the first one to do.


And many more amazing facts about India and it’s growing relationship with the crypto currencies.

I believe that suddenly India will be one of the top 2nd or 3rd country to trade, mine, exchange the crypto currencies and specifically Bitcoin.

The whole article here:- Explained | Why many investors rallying behind bitcoins?

[13 millions viewers]

We live in the era where digital platform plays amazing role in attracting your clients.
Well, things are changing at alarming rate in the country like India. Recently we had biggest game of T20 World Cup 2021, Ind vs Pak, considering their cricket battle is most popular it had enormous amount of viewers that day.

In this match the most interesting fact was the commercial advertisement that was getting flashed in between every over was about the Crypto Wallets and exchangers.

One of such companies which hosted the ads was CoinSwitch Kuber.  Reference

I am wondering how this helping the crypto space since, with millions of peeps watching this ad some of them must have searched for it, started using after it and what not.
Even in the Indian New Channels crypto market is discussed many times, they do show the ads too.

Since there is no ban on such ads yet, I believe Indian Government is not on the strict side yet.
Does your country has such commercials, what do you think how it is helping us?

Guess how many users watched this match (thus the crypto coin advertisement)

As per one article, online streaming partner HotStar alone recorded 13 millions viewers.  Reference
One of the former cricketer Shane Warne projected that, there will be at least 1 billion viewers for this match. Reference

How do you see they impact the viewer?

This is first time I am making such thread or being active in this section.
Currently I am watching a person with multiple accounts and spreading spam regarding project name PEGASV.

If you just open up your bitcointalk home page then you will see these threads all over. With same content and name.

Scam Alert 🚨

Surprisingly I saw different usernames with the same name and changed number at the end.

Usernames:

Pegasis2
Pegasis5
Pegasis6
Pegasis8

Could be 1-8 accounts everywhere.

Posting same thread all over the forum.

https://bitcointalk.org/index.php?topic=5362114.msg58021267#new
https://bitcointalk.org/index.php?topic=5362118.msg58021267#new
https://bitcointalk.org/index.php?topic=5362119.msg58021267#new
https://bitcointalk.org/index.php?topic=5362121.msg58021267#new

I am not sure where to report this. So posting right here.

There are more accounts with altered name who has started posting the same.

More. . .
Pegasises4 - https://bitcointalk.org/index.php?action=profile;u=3384735

Altered user name : bipegas2
Link: https://bitcointalk.org/index.php?topic=5362126.msg57955451;boardseen#new


If any moderator is looking after this then please follow the above links for the spam threads.