Bitcoin Forum
July 04, 2025, 05:31:48 PM *
News: Latest Bitcoin Core release: 29.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 »
1  Other / Meta / bbcode not functioning? on: February 06, 2025, 01:17:30 AM
move

Was reading the help section and got excited to find something that is no longer applicable in bitcointalk which makes the probability of collecting recognition(merit) from notoriously hard-to-get-noticed-by members, there must be a better term but my excitement kinda overwhelms the idea of searching for better terminology.

Code:
Marquee 
[move]move[/move]



Gotta hit the shower to cooldown. My God!
2  Local / Others (Pilipinas) / Adv on: February 04, 2025, 10:19:41 AM
Mga parekoy, pano ba pinaka magandang gawin para naman kahit papaano eh di masyadong pandirihan tong account ko?
3  Local / Pilipinas / Silent Payments sa BTC on: January 21, 2025, 09:20:40 PM
So while I was reading about the developments ni Wasabi, I have stumbled upon this term ->

 SILENT PAYMENTS

Ano ba itong silent payments na to parang hushmoney ung unang assumption ko pero ito iyong pagkakaintindi ko.

Still a btc transaction example ay:

Si Pedro ay nasa maynila nagtratrabaho at nagpapadala ng pantustos sa kanyang Asawa na si Joy thru bitcoin.

From Pedro To Joy --

Kaso si Joy eh mag isa lamang kaya kung malalaman na si Pedro ay nagsend na ng BTC kay Joy, maaaring tyempuhan ng
mga mag ooffer mga pwedeng bilhin, or maaaring tyempuhan ng masamang loob na holdapin si Joy para sa kanyang btc.
Kaya madalas mabuting sikreto or eksklusibo lamang sa sender at receiver ang mga detalye subalit dahil si btc blockchain
Ay isang pampublikong listahan ng mga transaksyon, maaaring matrace or mabantayan ng mga interesado bukod kina pedro at joy
Ang galaw ng pera ng magasawa.

Dito magiging epektibo si silent payment.

Ganun pa rin naman halos lahat ng teknikalidad except hindi na
Basta btc address ni joy ang ibibigay niyang btc address na pagsesendan ni Pedro.

Imbes na
From Pedro To Joy --
 Kundi From Pedro to PRIVATE(ito iyong magiging available sa blockchain public ledger ng BTC. Hindi na tulad nang dati na rekta sa btc address ni Joy kundi gamit ang public key ni joy , may mga encryption at kung anu-ano pang teknik na pagkatapos ay mula sa public key ni joy, magkakaroon siya na silent payment receiving address na siyang ibibigay niya kay Pedro na ilagay when hes to send btc using his respective wallet. Once nagpadala si Pedro sa silent payment address kailangan ni Joy na mag scan ng blockchain para sa mga bagong mga transakyon at gamit ang kanyang private key eh maaccess na niya iyong pera niya na patagong ipinadala ni Pedro sa kanya.

So
(Silent Payment ay para sa mga btc transaction na ayaw nating minamatyagan or matrace kung kanino mapunta.)

Mga advantage
mas mahirap na pagmamamanman o pag aanalisa ng mga kumpanya kung meron.
Adding more obscurity that exponentially give a lot more security and privacy sa pinadalhan ni Pedro.
So yung mga blockchain analysis na kumpanya eh wag lang daw kayo maingay. (Kaya nga silent eh)

Disadvantage

Kakailanganin kong magdagdag ng additional na resources
mas kumplikado itong gagawin na pagscan sa blockchain sa mga bagong transakyon na swak sa oras na naisend ni Pedro ang btc niya na : From Ronaldo To: Private/NoMention/ na para mabuksan ni Joy eh magsscan ng blockchain transakyon na mayroong nung special address na sinendan ni Pedro at gamit ang privatekeys eh maunlock ni Joy ung private btc na sinend ni Pedro.



In english terms/analogy by forever yours, jamyr with help of ChatGPT for simplifying and organizing.

Silent payments like when you’re passing a secret note to your wife/gf/crush without anyone knowing it’s from you or what’s inside.
Silent Bitcoin payments work kind of like that, but instead of just a secret note, its bitcoin.

In the conventional btc transaction btc moves from sendersWallet (sw) to receiversWallet (rw) and everyone can see that (rw) received btc from (sw) , in silent payment instead of telling everyone, “sw sent btc to rw!” silent payments let rw create a special key (kind of like a rwHiddenFromPublic). (sw) send the btc to that , rwHiddenFromPublic but only (rw) can unlock it.
 On the public ledger, no one can tell it’s for (rw) specifically. It’s like the money just appears in his wallet when he checks his secret mailbox(rwHiddenFromPublic), and no one else can connect the dots.

Right now tho Wasabi only supports sending silent btc payments, and as of Jan 19 2025 is not yet able to be the receiving party which entails having a generator for silent payment address derived from receivers public address but hopefully sooon.


more readables :

https://wasabiwallet.io/
4  Local / Pamilihan / narinig ko lang (FOR DOTA 2 FANS/BETTORS/ETC) on: June 17, 2023, 06:00:04 PM
Di  ako 100% sure na mangyayari, nachismis lang sakin so,
---
Tulad nung NBA finals,

https://bitcointalk.org/index.php?topic=5454872.0

Ngayon sa The Internationals naman.

Baka may naiisip kayong better na promo kesa sa $5 freebet sa sports/esports.
Bukod sa mas mataas na halaga siyempre.
5  Other / Meta / bitcointalk.org (WAP) > conventional webpage on: March 29, 2023, 06:07:36 AM
I suddenly find it very much better to use wap interface while reading.
Advantage include, no images etc etc.








However went back to the conventional webpage whilst formatting this post for preview and so.




i dream to be a "desirable" again. For signature campaigns, etc
Sending a merit will help me achieve that, but consistently posting "constructively" will let me stay that way.
I will try my best.

6  Other / Meta / Sample implementation of ChatGPT here in bitcointalk.. on: February 10, 2023, 07:30:15 AM
So I used ChatGPT as a second opinion if posts break any of the 33 unofficial rules listed here -> https://bitcointalk.org/index.php?topic=703657.0 ,
It is very cool in my opinion because it's response which I will share below seem to have merit.

transcript:

Code:
me:
I want you to give me your perception if a post is breaking any of this rules:
1. No zero or low value, pointless or uninteresting posts or threads. [1][e]

2. No off-topic posts.

3. No trolling.

4. No referral code (ref link) spam. [1]

5. No link shorteners that require users to view an ad.

6. No linking to phishing or malware, without a warning and a valid reason. [e]

7. No begging. [5]

8. No threats to inflict bodily harm, death threats.

9. Discussions in the main boards must be in english. All other language discussions should be posted in the appropriate Local board.

10. No embedded NSFW images anywhere. NSFW content must be marked accordingly.

11. No linking to illegal trading sites.

12. No duplicate posting in multiple boards (except for re-posting topics in the local language boards if they're translated and re-posting marketplace topics in the altcoin boards if altcoins are accepted).

13. Bumps, "updates" are limited to once per 24 hours per thread. Bumping multiple threads at the same time is allowed if it's not annoying. [2][e]

14. All altcoin related discussion belong in the Alternate cryptocurrencies and its child boards. [3][4][e]

15. No on-forum altcoin giveaways. [6][e]

16. Do not have more than one active sales topic in the Currency exchange board. [3]

17. Trading of goods that are illegal in the seller's or buyer's country is forbidden. [2]

18. Having multiple accounts and account sales are allowed, but account sales are discouraged.

19. Possible (or real) scams and Trust ratings are not moderated (to prevent moderation abuse).

20. There are restrictions when selling accounts and invites for invite-only sites. See https://bitcointalk.org/index.php?topic=134779.0 [2][?]

21. Old bumps should be deleted. [2]

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. [8]

23. When deciding if a user has broken the rules, the staff have the right to follow their interpretation of the rules.[e]

24. Advertisements (including signatures within the post area) in posts aren't allowed unless the post is in a thread you started and is really substantial and useful.[9][e]

25. Ban evasion (using or creating accounts while one of your accounts is banned) is not allowed.[e]

26. Local thread rules, if stated properly when the thread was started, specific enough and don't conflict with the forum rules, have to be followed.[e]

27. Using automated translation tools to post translated content in Local boards is not allowed.

28. Exploiting bugs or flaws (even if the result is harmless) in the forum's software is not allowed.

29. Sending unsolicited PMs, including but not limited to advertising and flood, is not allowed.

30. Similar marketplace items must be listed together.[2][e]

31. User avatars must not contain NSFL or NSFW content, infringe on copyright or attempt to impersonate a user.[10]

32. Posting multiple posts in a row (excluding bumps and reserved posts by the thread starter) is not allowed.

33. Posting plagiarized content is not allowed.[e]


Your response when I begin a question in "In your opinion. . ." must be just simple format. Tell me if it breaks any of these 33 rules and a short explanation why do you think so.

Quote
Understood. I'll answer your questions based on the 33 rules you provided. Please provide the post you would like me to evaluate.

In your opinion, does the post break any of these 33 rules?

Code:
I will provide you with Topic and you will evaluate the replies based on the 33 rules and again keep your answer simple but precise.

Quote
I will provide you with Topic and you will evaluate the replies based on the 33 rules and again keep your answer simple but precise.

Code:
this is the link of the topic https://bitcointalk.org/index.php?topic=5432756.msg61533641#msg61533641
Quote
I'm sorry, but as a language model AI developed by OpenAI, I don't have the ability to access or view internet content or web pages. Can you provide a description of the post or its content for evaluation?

Code:
Topic: "My Cat just died"

Message: "My cat was poisoned yesterday and died today morning. I know this isn't relevant with the forum but I don't have anyone to talk to in order to let it out. Second day of 2023 and everything seems to be going great."

In your opinion. . . is this response:
"Probably you put it on ignore. Click on profile -> Ignore boards preferences to see the boards you but on ignor." , breaking any of the 33 rules?
Quote
In my opinion, this response breaks rule 1 "No zero or low value, pointless or uninteresting posts or threads." The response is not related to the topic and does not contribute any value to the conversation.










What do guys think?

(apologies for the owner(s) of the posts in example above)

sources:
https://bitcointalk.org/index.php?topic=703657.0 --> Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ
https://bitcointalk.org/index.php?topic=5432756.0 --> My cat just died
https://chat.openai.com/chat

7  Bitcoin / Bitcoin Discussion / What is Bitcoin? openAI ChatGPT edition on: February 07, 2023, 02:04:41 PM
So while I was fiddling with chatgpt, I ask it about bitcoin and is suppose to answer based on the age of imaginary person.


First I asked it to explain like i'm a 5 yr old

Quote
Okay, let's imagine you have a piggy bank where you keep your money safe. Bitcoin is like a digital piggy bank where you can keep your money safe, but instead of physical coins, you have special numbers that show how much money you have in your piggy bank. People all over the world can use bitcoins to buy things, like toys or candy. Just like you have to be careful with your physical piggy bank, you have to be careful with your digital one too, so that no one else can take your money.

15 yr old

Quote
Bitcoin is a decentralized digital currency, meaning it operates independently of a central bank. Transactions with bitcoin are recorded on a public ledger called the blockchain, which allows for secure and transparent transfers without the need for intermediaries like banks.

Think of it like a digital cash that you can send and receive without going through a traditional financial institution. However, it's important to note that the value of bitcoin can be highly volatile and there have been instances of large-scale thefts, so it's crucial to keep your bitcoin secure and be careful when using it.

25 yr old
Quote
Bitcoin is a decentralized cryptocurrency that operates on a peer-to-peer network, meaning it allows for direct transfers between individuals without the need for a middleman. Transactions with bitcoin are verified and recorded on a public ledger called the blockchain, which makes them secure and transparent.

Bitcoin operates differently from traditional currencies as it operates independently of a central bank and is not backed by a government. The supply of bitcoin is limited, with only 21 million bitcoins that can ever be mined, and this scarcity has led to its perceived value.

It's important to understand that the value of bitcoin is highly volatile, and its value can fluctuate greatly in short periods of time. Additionally, there have been instances of large-scale thefts in the past, so it's crucial to properly secure your bitcoin and understand the potential risks involved in using it. Despite these risks, many individuals and businesses are beginning to adopt bitcoin as a form of payment and investment, making it a significant player in the financial world.

50 yr old

Quote

Bitcoin is a decentralized form of digital currency that operates on a peer-to-peer network, bypassing the need for intermediaries like banks or financial institutions to process transactions. It's based on a technology called blockchain, which is a public ledger that records and verifies all transactions on the network.

Unlike traditional currencies that are issued and backed by governments, there is no central authority controlling the supply or circulation of bitcoin. Instead, the total supply of bitcoin is limited to 21 million, and new bitcoins are generated through a process called mining.

Investing in bitcoin can be seen as a high-risk, high-reward endeavor, as its value can be highly volatile and has


experienced significant fluctuations in the past. Additionally, because it operates outside of the traditional financial system, it may not be covered by the same consumer protections or insured by the same institutions.

However, despite these risks, many people and businesses are starting to adopt bitcoin as a form of payment or investment. It offers greater financial privacy and the potential for lower transaction fees compared to traditional methods, making it an attractive option for some. It's important to thoroughly understand the technology and associated risks before investing in or using bitcoin.


Too bad Ived max my no.of requests. #hmmmm#
source: https://chat.openai.com/chat/b0f9f946-153b-4a13-8b91-45c4e913e572
8  Local / Pilipinas / Paul Re Loux --> is Satoshi? on: December 17, 2022, 09:07:31 PM
Siya daw si satoshi base dito ->

Quote from: Martin Shkreli

The following is the Bitcoin wallet Hal Finney used to receive the first Bitcoin transfer from Satoshi.

1Q2TWHE3GMdB6BZKafqwxXtWAWgFt5Jvm3

The following signature

HM7vpPSUbNsfDHRX6gv8xxWcVNHEc/3pOk0YrVehaGoUdbWizznfzOdELkLd1EjSXsW1oE5vHAkNAPzrAVzhuoI=

decrypts to:

-----BEGIN BITCOIN SIGNED MESSAGE-----

This Transaction was made by Paul Leroux to Hal Finney on January 12, 2009 #bitcoin

-----END BITCOIN SIGNED MESSAGE-----

Sa di eksperto sa Bitcoin tulad ko, eh sa unang tingin ay mapapa "oo nga no, shet", "siya nga ata".

Totoong yan ang address at signed message. Totoo na yan ang infamous na satoshi to hal finney.
So siya nga ba talaga.


ayun sa ekspertong nagkomento sa parehong pahina, na gumamit ng handle na Gregory Maxwell , eh malamang lamang na hindi si Paul Leroux si satoshi. Sa kadahilanang...

https://bitcointalk.org/index.php?topic=218471.0

Ang signed message feature ay naisaprocesso lamang years na after ng satoshi to Hal Finney fast break.
AHHH.
malamang daw sa malamang, eh mayroong ibang nakontrol ng keys neto.

So ang konklusyon , today eh narealize ko na ang ang nilalaman bitcoin signed message o ang bitcoin signed message ay di lahat katotohanan. sinumang may kontrol ng keys at kaninumang bitcoin signed message ito ay parehong sangayon sa nasa signed message.


P.S.

Maligayang Pasko po at Manigong Bagong-Taon!



mga pinagkapihan :

source: https://martinshkreli.substack.com/p/paul-le-roux-is-satoshi
https://bitcointalk.org/index.php?topic=218471.0
9  Local / Pilipinas / Pulsuhan niyo naman ito: Boracay, binabalak na gawing Crypto-Island on: September 21, 2022, 10:21:47 AM
source: https://beincrypto.com/crypto-wallet-provider-philippines-resort-boracay-bitcoin-island/


Ayun dito, isang cryptowallet company named "Pouch" ang nagbabalak gawing Bitcoin Island ang Boracay.
Sa parehong article, sabi dito na may 120 businesses na ang tumatanggap ng Bitcoin as a form of payment sa Isla.

I am not from Visayas, so baka naman po may makapagvalidate ng info na to. TIA
10  Local / Pilipinas / mga definition ng terms na maaring makatulong sa mga nagsisimula pa lang on: July 16, 2022, 08:44:23 PM
  • Proof of Work = According to coinbase, this is the original crypto consensus mechanism. It is called Proof of Work because of the processing power that is required in order for the network to be maintained and updated. Security and verification of blockchains produced by proof-of-work are then the purpose of virtual miners that races to solve a mathematical problem. The first to do so gets to update the blockchain with the latest verified transactions, and is rewarded by the network with a predetermined amount of crypto. source= https://www.coinbase.com/learn/crypto-basics/what-is-proof-of-work-or-proof-of-stake
  • Proof of Stake = Is another crypto consensus mechanism. In my understanding it goes this way: the validators would stake an amount to a pool to qualify as a validator. The network then chose a validator based on the amount and the length of time the stake is in the pool, once chosen they get to validate the latest verified transactions. The benefit of this compared to the Proof of Work system is it doesn't require a lot of processing power that consumes energy/electricity.source= https://www.coinbase.com/learn/crypto-basics/what-is-proof-of-work-or-proof-of-stake
  • Default = is the term used when a borrower fails to make a payment to the lender.
  • Information Costs = these are expenditures of time and money that are required to obtain information. In my understanding most common here would be automation tools that gather and analyze data on cryptocurrencies. Investment opportunities and risks involved.(source=simplicable.com)
  • CRR - (mostly applicable to stable coins like USDT, etc.,)This is the proportion of total deposits and reserves of a cryptocurrency that is to be kept in proportion to the number of coins in circulation. For example if there is 1,000,000 USDT in circulation, there must be an equivalent $1,000,000 deposited as they claim in there website. Tether ( USDT) is a cryptocurrency stablecoin pegged to the U.S. dollar and backed "100% by Tether's reserves," according to its website. (source = investopedia.com)

edit:
  • DCA - is a strategy to purchase a tradable asset in a periodic manner to minimize the impact in the volatility of the product/goods/crypto. Mostly done by huge investors who's business plan is to acquire/sell a certain stock/cryptocurrency without having to spook the market with a one time buy or sell.

edit(thanks @Text)

  • custodial wallets - wallets na hindi mo controlado. Wala kang private keys, kaya kung tutuusin wala ka ding coins. Nakikigamit ka lang, tulad ng coins.ph
  • non-custodial wallets - ikaw ang may ari, controlado mo ito. Nasa iyo ang private key. Example : Wasabi Wallet
  • Technical Analysis - Mga ginagawa ng mga wall observers. Dito ay nababantayan nila ang mga senyales na may congestion sa network. Mga fees, etc. 
  • NFT - Non Fungible Token. Mostly ay virtual art pieces, games na nasa blockchain ang patunay na pagmamayari ito ng owner. Iisang owner ng original ngunit pwedeng magbenta ang creator ng kopya ng original.

Heto po link shared by Baofeng:

Cryptocurrency Lingo/Slang


List of the Cryptocurrency Lingo/Slang which can help out others as well:

1. HODL
Hold On for Dear Life. A crypto trader who buys a coin and does not see himself selling in the foreseeable future is called a hodler of the coin.

2. FOMO
Short form for ‘Fear Of Missing Out’. The feeling when you see a huge green dildo on a chart and you don’t own that coin, so you sell other shit to buy into it freaking out. As crypto trading is still very much driven by emotions rather than valuation, FOMO is a huge factor to consider when swing trading in crypto.

3. FUD
Short form for ‘Fear, Uncertainty and Doubt’. Usually used in the form of “xxx spreading FUD again.”
Example: JPMorgan’s Dimon spread FUD by saying Bitcoin is a fraud that will eventually blow up.


4. ATH
Short form for “All-Time High”. Therefore it means the highest historical price of a specific coin.

5. Whale
A huge player who has a substantial amount of capital. Whales are often the market movers for small alt-coins too due to their huge capital.

6. Pump and Dump
The recurring cycle of an Altcoin getting a spike in price followed by a huge crash. Such movements are often attributed to low volume, hence the ‘pump’. Traders who pump, buying huge volumes, may wish to invoke FOMO from the uninformed investors and then dump, or sell, their coins at a higher price.

7. Shill
The act of unsolicited endorsing of the coin in public. Traders who bought a coin has an interest in shilling the coin, in hopes of igniting the public’s interest in that particular coin.

8. Bag Holder
A term to refer to a trader who bought in at a high and missed his opportunity to sell, leaving him with worthless coins.

9. Margin Trading
A term for ‘trading with leverage’. In this instance of trading, you borrow one side of the trading pair at an agreed loan rate and sell it for the other side of the trading pair. Depending on the direction you believe the market to move, you may place a long or a short bet on the trading pair of concern.

10. Long
A position that a trader takes. To take a long position on something is to believe its value will rise in the future.

11. Short
A position that a trader takes. To take a short position on a coin is to believe its value will fall in the future.

12. Limit Order
An order placed at a future price that will execute when the price target is hit.

13. Borrowing Rate
When you open a leveraged position, you will be borrowing coins at a pre-determined rate. This rate will be added to reflect your position’s overall profit and loss.

14. Lending Rate
Some exchanges have lending accounts. You may deposit your coins into these lending accounts to lend your coins for others to execute their leveraged trades. The lending rate fluctuates throughout the day based on the demand for shorting the coin.

15. Fill or Kill
A limit order that will not execute unless an opposite order exceeds this limit order’s amount.

16. BUY | SELL Wall
A wall as seen in the depth chart of exchanges is an amalgamation of limit orders of the same price target.


17. Altcoin
“Alternate coin” so it is everything other than Bitcoin (BTC). Bitcoin is the main index for cryptocurrency market. If BTC goes up, other coins go up. If BTC goes down, other coins go down.

18. Circulating Supply
The price of a coin has no meaning on its own. However, the price of a coin, when multiplied by the circulating supply, gives the coin’s market cap.

19. Market Cap.
A stock’s market cap refers to the market value of the company’s outstanding shares.
In the cryptocurrency market, the market cap is used to illustrate a coin’s dominance in the entire cryptocurrency market.


20. DDOS
Short form for ‘Distributed Denial of Service’.
A well-timed DDoS attack at exchanges during volatile movements may be devastating as traders will not be able to execute any order manually and will be at the mercy of their pre-set, or the lack of, limit orders.

21. ICO
Short form for “Initial Coin Offering”, which takes a page from the usual IPOs investors know.
Coins bought during ICOs are usually sold for a profit when the coin first hits exchanges. This is due to the initial hype which increases demand for the coin.
On the supply side, ICOs create entry barriers as the buyer has to set up his private wallet to receive the coins from the ICO purchase.

22. Arbitrage
The act of buying and selling on different exchanges to earn the difference in the spread. Arbitrage opportunities occur due to differences in exchange reputation, community coin preferences and ease of bank funding.
Take note that fees, limits and prices could change anytime when you are transferring your coins between exchanges, especially during volatile times.

23. BTFD
Buy The Fucking Dip” – When people are running around and selling because of fear, this is the time to buy.

24. Moon
Extreme bullish movement of a coin.


25. Weak Hands
Those who cannot be patient and sell at loss when the market is down.

26. Token Airdrop
Simply put, an Airdrop means a coin/token is distributed to the community for free or for small tasks. This is done to ensure early distribution and to have as many people with “skin in the game” as possible.
An Airdrop aims to build a huge community easily as people will pay attention to the coin they hold. Furthermore, they tend to promote this coin for profits, and this may cost the Development Team little to achieve the goal of advertisement.

27. Vote for Token Listing
Vote for the coins you'd most like to be listed for trading.

28. ETA
Short for Estimated Time of Arrival,is an estimate time for something to be done.


29. Bounty
Refers to a reward for users who promote the usage of cryptocurrencies(usually ICO campaign) through various social and business networks.

30. Buying the Dips
To buy into the market when the market makes a downward move by a 'large' percentage (in crypto this can be anything from a 10% to %50+ move).
Read more here

31. Shitcoin
Is a pejorative term used to describe an altcoin that has become worthless. Shitcoin value may disappear because interest failed to materialize, because the altcoin itself was not created in good faith, or because the price was based on speculation.

32. When Lambo?
It's the act of asking when we are going to get rich?

33. Lambo
Aspirational symbol of success.

34. Whitepaper
In cryptos is prepared by a party prior to launching a new currency. It details everything you need to know about the currency before making up your mind if you want to invest, purchase or use it.

35. Distributed Ledger
Is a database in which the data is shared to all participants in the network. All those participants record, share an synchronize the whole data. There is no need for a central authority in a distributed ledger. Blockchain is somehow a distributed ledger. But the process of organizing the database throught blocks, and linking these blocks using hashes, the method of consensus based on Proof of Work, is totally different from a common distributed ledger.

36. ASIC
Application Specific Integrated Circuit. These are the specialized silicon chips which process the SHA-256 algorithm to mine bitcoin and validate transactions.

37. ASIC Miners
This is the hardware which houses the ASIC silicon chip. Connected to the internet.

38. Bitpay
Bitcoin processing company who allow merchants to accept bitcoin as a payment method.

39. Blockchain
A distributed and peer to peer digital ledger.

40. Block Reward
This is the cryptocurrency reward that miners receive for successfully hashing a transaction block.

41. BTC
Symbol for bitcoin

42. Charlie Shrem
Flamboyant and early bitcoin entrepreneur.

43. Cold Storage
Secure way of keeping cryptocurrencies off exchange.

44. Cryptocurrency
Generic term for digital and cryptography based money.

45. Difficulty
The level of resistance encountered when trying to hash a new block in the bitcoin blockchain.

46. Exchange
Where fiat money can be exchanged for bitcoin or altcoins.

47. Faucet
A reward system on a website that dispenses bitcoin in the form of a Satoshi (a hundred millionth of a bitcoin)

48. Fiat
The name for bank issued money, derived from the latin ‘let it be’.

49. Flippening
The name given for the event where a cryptocurrency who surpasses bitcoin in market capitalisation (yet to happen at time of writing).

50. Forging
The name giving to the process in proof of stake blockchains where there is no block reward. Forgers keep transaction fees instead.

51. Fork
What happens when a blockchain diverges into two potential paths forward.

52. Genesis Block
The first block to be mined in a blockchain.

53. Halving
The rate at which the block reward creates new bitcoin, halving every four years.

54. Hard Fork
New blockchain software that is non-backwards compatible, causing a chain split.

55. Hard Wallet
Device which allows cold storage of coins, for increased security.

56. Hash
The name for an algorithm which takes an arbitrary sized data set and converts it to a fixed length and composition. Bitcoin uses the SHA-256 algorithm (converting to 256 bit data sets).

57. Hash Rate
The amount of hashes a miner can perform in a period of time.

58. Lightening Network
Builds on networks like bitcoin and litecoin to allow off-chain settlements.

59. Maximalist
Another crypto slang term for a bitcoin believer who is sceptical of altcoins.

60. Mining
The process used to create coins or tokens and verify transactions on a proof of work blockchain

61. OCD
Obsessive Cryptocurrency Disorder. Suffered by those who can’t stop monitoring the value of their coins.

62. Paper Wallet
A form of cold storage. These are public and private keys held on a piece of paper. A good designer can make them look like branded bank notes.

63. Private Key
A secret number that allows bitcoins to be spent.

64. Proof of Work
This is difficult and costly to produce, but easy to verify by others. The mechanism used in the bitcoin blockchain.

65. Proof of Stake
A blockchain where there is no block reward or mining, as the creator is determined depending on stake (see forging). Less energy intensive than proof of work.

66. Public Key
Usually represented as a bitcoin address, this is the information needed to receive bitcoin.

67. Satoshi Nakamoto
The pseudonymous creator of bitcoin.

68. Scrypt
The hashing algorithm used by Litecoin.

69. Segregated Witness
Is a proposed scaling solution for bitcoin involving a soft fork.

70. SHA-256
The algorithm used for bitcoin hash creation (bitcoin’s proof of work).

71. Silk Road
The first modern dark net market, achieved notoriety. Subsequently shut down by the FBI who then auctioned confiscated bitcoins.

72. Smart contracts
Applications that run as programmed, without external influence.

73. Soft Fork
New software that is backwards compatible, so the blockchain doesn’t split.

74. Wallet
The software that allows the spending, receiving and storing of cryptocurrency.

75. Winklevoss Twins
Early proponents of bitcoin, tried to establish a bitcoin ETF (exchange traded fund) which was rejected in March 2017.

76. 51% Attack
A potential attack on the bitcoin network whereby an organization is somehow able to control the majority of the network mining power (hashrate). Bitcoin is secured by having all miners (computers processing the networks transactions) agree on a shared ledger called the blockchain. Read more.

77. BEAR
This is a term borrowed from the Wall Street. This means a trader/investor who believes the prices of a particular cryptocurrency or market will fall and wants to profit from that fall.

78. BULL
This is a term borrowed from the Wall Street. This means a trader/investor who believes the prices of a particular cryptocurrency or market will rise and wants to profit from that rise.

79. BEARWHALE
This means a trader with a fat account who is bearish on the price of a cryptocurrency.

80. REKT
This is a misspelling of “wrecked”. This term refers to a trader or investor who is utterly ruined and destroyed with losses from the current downfall of a price.

81. ADDY
This refers to a cryptocurrency public address (or key). For example: “Tell me your ADDY, please.”

82. DILDO
Long green or red candles

83. DYOR
Do Your Own Research

84. FA
Fundamental Analysis

85. JOMO
Joy Of Missing Out

86. TXid = transaction ID used for finding a transaction on a block explorer.
Explorer = Block explorer used to verify transactions.

87. To get Goxed
To suffer from mt. gox’s technical glitches; to get screwed over by mt. gox; to lose all your money in a speculative investment.

88. To take a Big Vern holiday
To disappear like Paul Vernon - the owner and CEO of the now defunct Cryptsy who "vanished" like the exchange funds. Also referred to as an "exit scam". This is where the exchange owner takes your funds and disappears.

89. To receive a BFL upgrade
To receive something substandard much later than promised. (BFL = ButterFly Labs)

90. To buy a Yesminer
To pay for something and never receive it.

You can also read: Terminology

Feel free to add more if I missed anything.
Source
Source
Source
Source
Read more.
Additional Slang
Additional Slang(xtraelv)
Be Positive
11  Other / Meta / Feature Suggestion -- on: July 10, 2022, 06:16:16 AM
Promise to Merit or Future Dated Merit

There have been times that I wanted to send a post a merit, but since I don't normally have an sMerit to give, what I do is either save it so that I could give it a merit whenever I can. Other times, I just try to remember to do so.

Yes there is a thread where people can recommend posts that deserves a merit, but thing is, it will not come from you.

-- So instead, say you believe that a post deserves a merit, based on your reasoning. Promise to merit will allow to automatically send sMerit to the post when your sMerit >= promised amount of merit to give.

Example:

Alice saw a post(mPost) she deemed meritorious. Alice dont have sMerit to give. Alice promise to sMerit mPost. After a week, Alice gets merit from her own post, if Alice's sMerit => 1, 1 sMerit will be sent to mPost.


Ideally, limitations should be considered:

1. the amount of sMerit to give to a specific post using promise to merit.
2. the amount of promise to merit should be limited.
3. promise to merit to a post should not be visible to public but only to the sender. Once promise to merit is fulfilled, merit sent to the post could be seen by public.


Thank you.
12  Economy / Gambling / What makes you hide your bets in public? on: July 08, 2022, 04:04:01 AM
Topic: Do you place your bet(s) as private or unlisted in the "public bets list"?

Why? Why not?




I utilize this feature from time to time and the main reasons why I do this are:

-To hide my bets from the public, and to keep my strategy(more on stragedy really)  from the public view. It is a secret recipe for disaster. I also utilize it because it gives me an edge on contests, because others can watch and they will be able to strategize something that surpass my lb ranking(s).

I turn it on occasionally if a contest requires username visibility to make sure the wager or stats is mine, . etc.



How about you guys, what makes you hide your bets and/or what makes you show it to the World?


Thank you and good luck to your bets!
13  Economy / Reputation / A violation of agreement by Bitsler, on: July 07, 2022, 10:06:11 AM

This is to be used as reference for flag,

Disclaimer:

Still a fan of Bitsler but I just do not agree with this, hopefully the wise community here can Support or Oppose.
If you think this flag is without merit please feel free to oppose, otherwise your support will be appreciated.



So I am a player of bitsler, I also contribute by reporting errors and typos, bugs(mostly just display ones), suggestions and recommendations.
So last month I came to discover a presumably unintentional privacy violation of Bitsler, I told Gabriel(one of their admin) about it.
Come today, I checked and the error is still happening. So with the help of a friend in what I should do, I decided to follow the procedure listed here:

https://help.bitsler.com/hc/en-us/articles/360012865773-How-to-report-a-bug-

Quote from: myself via email
Hello,

  This will serve as my formal application for the bounty you offer for finding error and/or bug.

What I found was you're possible exposure to consequences for violation of privacy of users. Since you guys have
the feature where players can hide their username from the public list of bets, players would expect you to make
sure their username is not seen by public in the "All Bets" list. For most of the games, it is working just fine,
except for Blast.

Attached here is a youtube link for a video of me making a bet in blast after making sure I opted-in hiding my username from the public
bets list.

 (snipped youtube link. ..)

They have promptly replied,



summary :

I asked for the reward, BTC to be sent to my Wallet they refused. Gave me a gold chest instead which in my own experience of opening VipChests would be $2.50 worth of whatever currency it will draw, so I said I'd rather have the promised BTC as wisely advised by a friend.

They declined, and I disagree with them in this matter so I seek your wise and fair opinion.
If I am at wrong here, let me know. Thank you very dearly.


link of the flag = https://bitcointalk.org/index.php?action=trust;flag=3002

edit:

They casually made an agreement via :
https://web.archive.org/web/diff/20210411153548/20220707091203/https://help.bitsler.com/hc/en-us/articles/360012865773-How-to-report-a-bug-



14  Other / Off-topic / Planning to go visit other place... member generated Travel Guide on: July 04, 2022, 07:31:51 PM
Your best advise for people visiting your country pls..

Philippines -

Dont use Airport Cabs, use the white cabs instead if you want to save 50% off your first cab fare.

Bring mosquito repellant

Public Transport Drivers especially tricycle drivers know the best spots not just the popular ones.


edit: to test bug deleting message the next reply will be from my alt "piso456" and I will try to delete it using this "jamyr" account.

15  Other / Meta / modify button. on: July 01, 2022, 10:31:34 PM


I believe this modify button has been changed to just Edit but the user guide

https://bitcointalk.org/index.php?action=help;page=post#modify

but the user guide still says "Modify".

16  Local / Pilipinas / Wasabi Wallet V2.0 Pinoy Discussion on: June 22, 2022, 04:05:15 AM
Hello mga kababayan,

Noob-user here, so please go easy on me.

Meron pong similar na thread sa English pero mga advance user karamihan ng mga nagdidiscuss ng mga bagay tungkol dito sa Wasabi 2.0 ,. (https://bitcointalk.org/index.php?topic=5402254.0).
Baka meron po tayong mga katanungan na nahihiya tayong ilabas doon, eh pag usapan na lang natin dito sa Local.

Mga terms na I just encountered because of this Wasabi Wallet v2.0 ,

Paki correct po mga master kung mali ang pagkakaintindi ko.
  • CoinJoin
  • WabiSabi
  • ..


CoinJoin - Isang paraan ng pag mix ng funds para ma-improve ang privacy. Halimbawa, meron kang P1000 peso bill , na "tainted" or may bahid ng anything that will make it fall under dirty money(kunwari pamasko ni Ninong noong Pasko). Para malinis ito, eh pwedeng gamitin ang CoinJoin. So isasama mo lang itong P1000 mo sa ibang mga pera na mag co-CoinJoin, iyong pera mo ay babalik not necessarily the same na P1000 na buo, pwedeng 10 na tig-100 or dalawang tig-500 , basta ang importante ay same value.(less CoinJoin fee).

WabiSabi - Dati-rati, kelangan mag coordinate ni user with other coinjoin users para gumawa ng isang CoinJoin tx. Sa Wasabi 2.0 eh automatic na ito dahil mayroon ng coordinator na siyang bahalang magbuklod sa mga btc na ico-coinjoin.

(ito lang naintindihan ko mga paps, paki share and elaborate naman po kung mayroon kayong ideya)




Good Reads

CoinJoin discussion from 2013 - https://bitcointalk.org/index.php?topic=279249.msg2983902
17  Local / Pilipinas / DOST naglunsad ng Blockchain Training Program -- on: June 21, 2022, 12:42:37 AM
So kamakailan lang eh may nabasa ako sa philstar about DOST launching a blockchain training program which made me excited kasi baka makasali sa mga trainees, at makasagap ng mga tut mula sa mga expert na magiging trainers.


So I emailed them asking if the trainees can be non-DOST employees para makapag apply, at ang sagot sakin eh para lang daw sa mga DOST technicians na.
--
source:
https://www.philstar.com/headlines/2022/05/28/2184309/dost-starts-blockchain-technology-training-house-technologists



Kayo mga kabayan, may mga trainings and seminars ba kayong nababalitaan with blockchain, cryptocurrency, etch as the main topic?

Share niyo naman. Salamat.

18  Local / Pilipinas / Election : Blockchain Technology Implementation on: August 01, 2021, 03:42:09 PM
Magandang Araw po,
So malapit-lapit na ang 2022 Presedential Election, may mga manok na ba kayo?
Pero bago yan, di pa ba kayo nagsasawa na sa tuwing eleksyon eh mayroong issue na ay dinaya. . .
.

Dahil sa ang blockchain technology ay maituturing na "trust-machine" , paano kaya kung maimplement ang teknolohiyang ito sa eleksyon?
19  Other / Meta / Sample topic self-moderated. on: July 25, 2021, 04:54:51 PM
How to un--self-moderate a thread?

This may seem to be another nonsense from yours truly but I just thought this may be helpful for those who have created a self-moderated thread but no longer want/can continue self-moderating the thread.

Say, the thread has grown so large that self-moderating it isn't just something you can continue to do so.

Formula:
Find your Self-moderated topic, move it to a board that doesn't accept self-moderated thread.(Meta for example), then move it back to the board of its origin.

For example, I am creating this topic as a self-moderated thread, but I will move this to Meta and leave it there.




20  Economy / Scam Accusations / [MORE EVIDENCE from REPORT_GENERATED] AGAINST DUCKDICE.io [REFERENCE FOR FLAG] on: June 15, 2021, 04:18:03 PM
What happened:: This is a thread I'd like to reference a flag I wish to create against Duckdice.io after being able to download a duckdice.io generated report regarding my account.

Scammers Profile Link: https://bitcointalk.org/index.php?action=profile;u=917361

Reference Links: Amount Scammed:this post:0.12669118 BTC +
refer to this:https://bitcointalk.org/index.php?topic=1676313.msg51266257#msg51266257
Payment Method: Thru Affiliate Commission
Pages: [1] 2 3 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!