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Hello... I have sent the BCH from m Bitstamp account to Localbitcoins BTC address... My mystake... Now I lost BCH , I can not see it neither on Bitstamp account not on Localbitcoins account.
To what type of address did you send the BCash? A BTC legacy address starting with "1"? A Segwit "bc1" address? A multisig or transitional Segwit address starting with "3"? If you sent to a legacy "1" address, then the BCH can be recovered. However, this needs the cooperation of Localbitcoins.
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halving = every 2,100,000 block
You want to leave this at 210000, otherwise it will take over a thousand years to exhaust the mining reward. from my understanding, it should be 34 cycle, which is 136years. should be the same as bitcoin.
but why i get 37 cycle = 148 years?
If you start at 500 coins, then the halving schedule goes 500, 250, 125, 62.5, ... So, you need three cycles more just to get down to close to 50. If you really want to ten times more coins, with the same emission schedule, then set artofwarsatoshi to 0.0000001, i.e. ten times bigger. Your starting reward is 5,000,000,000 artofwarsatoshis.
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Collecting all my different addresses in a spreadsheet, I realized that on the exchanges "Huobi" and "Gate.io" my BTC Wallet Adresses were identical to my USDT Wallet Adresses on these exchanges.
USDT is a token handled by the OMNI network* which rides on top of Bitcoin. OMNI transactions are Bitcoin transactions with a few extra payload bytes. Thus, USDT and OMNI addresses are simply Bitcoin addresses. It would appear that Huobi and Gate.io are simplifying the management of keys by using the same addresses when possible. * USDT also now exists on the Ethereum network, but this is a new variant.
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I downloaded the 3.0.6 version. That version does NOT function on my laptop w/OS Vista. Nor does it work on my HP laptop w/OS Windows 8.1
Question: What OS will support the new Electrum Wallet version 3.0.6 ?
I have successfully installed 3.0.6 on two old systems running Windows 7. I suggest you read some of the threads in the Electrum subforum here for solutions to getting it running on old OSes.
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Looks like BoA is stupid (of course they do, otherwise they would not buy Wamu at that time)
Chase, not BofA, was strong armed by the government into buying WaMu. BofA itself is of course NationsBank who acquired BofA and assumed that name.
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Electrum is trying to send a specific amount of bitcoins (0.002 btc) to a specific address that i didn't choose....
0.002 BTC sounds like the 2 factor security fee. This is collected once for every 20 transactions, i.e. the following 19 transactions won't have a fee.
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I don't know why watch-only wallets need encryption, they must have added that feature based on requests.
Recently I set up Electrum watch/receive only wallets on a computer and tablet for Point Of Sale use. The lack of a password means that someone could come by and load a different xpub and thus capture our received payments.
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So basically if you buy a nano ledger s, make sure you buy it from manufacturer. But with trezor, it doesn't matter? I haven't heard of cases where a compromised trezor was bought. Anyone read about that?
It is more important to buy the Trezor direct from the manufacturer. In theory, someone could load compromised firmware into a Trezor, repackage it, and sell it on to an unsuspecting buyer. Trezors come from the factory containing only a bootloader, forcing buyers to load fresh firmware. If the device arrived already loaded, then something is wrong! However, a clever hacker could still get around this protection. The Ledger apparently performs a validity check with every use. Thus, you can have a higher confidence that the firmware isn't compromised. Plus, Ledger's use of a Secure Element (an I/O limited 2nd microcontroller) makes it a lot harder to hack. Both devices can fall victim to social engineering. A crook could preload a seed and trick people into using it by including an "updated" manual. To protect against this, a user should spend time on the Trezor and Ledger sites and learn about how the device should work. If the received device acts differently, then something is wrong. ... The two devices have vastly different approaches to security: Trezor has security through an open source design. This has allowed "white hats" to discover flaws. Conversely, it also allows "black hats" to create malicious clones. Ledger has security through obscurity. Nobody outside of Ledger knows fully what is going on inside the Secure Element. But what happens when the secret leaks...
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You guys forgot about so called Birthday attack. No, I am not talking about USA drones bombing wedding parties or funerals in Afganistan and Yemen. I am talking about this one https://en.wikipedia.org/wiki/Birthday_attack when lots of random numbers are generated, it greatly increases probability that two random numbers are identical. Somebody should do the math to calculate exact percentage on how likely is to get one collision when there are n numbers of unique bitcoin addresses generated and used in blockchain. But I still think that probability of collision in real life is close to zero, even if birthday attack collision probability is increased several orders of magnitude. The general Birthday Problem answer applies: For 160 bit addresses, a collision becomes more likely than not when approximately 2^80 addresses have been generated. How big is 2^80? Presently there are around 2^33 humans. The human lifespan is around 2^31. If every human generated one address every second their entire life, that would be 2^64. There would need to be 65536 earths before the collision chance crosses 50%.
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Here's the scenario: 1. Buy BTC and ETH on CB with USD, hold them. 2. Months later, buy BTC/ETH, transfer to another exchange (Bittrex/Binance) and immediately buy an altcoin and hold.
So (1) isn't a taxable event because I never sold them (unless I'm forced to use FIFO reporting, then it gets murky - but my lots are very clear/specific).
FIFO reporting only applies when you've commingled tranches. As long as they stay separate, then FIFO can't apply. Scenario: Buy crypto on CB, transfer to a hardware wallet. Later, buy more crypto on CB and transfer to buy alts. The two buys didn't mix, so no FIFO. Another scenario: Buy crypto on CB and leave it on CB. Later, buy more crypto on CB and transfer that quantity to buy alts. The two purchases mixed, so now you have to use FIFO, LIFO, or whatever else is required. Yet another scenario: Buy crypto on CB and transfer to a hardware wallet. Later, buy more crypto on CB and again transfer to the same hardware wallet. Unless you intentionally joined the transactions, the two tranches remain identifiable*, even if you used the same address. Thus no FIFO. (* Someone using a blockchain explorer can see the funds move independently.)
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I'm a bit confused about the "emissions" part on the 700Mhz band of T-Mobile's wireless / boradband service. Does it mean that the Brooklyn miner was mining on the Antminers S5's through a wireless network which was emitting wireless frequencies on band 700mhz?
You mustn't of lived through the era when all personal computers interfered with TV and radio signals. This is why all computers now need FCC approval. The ASIC miners, being a self imported foreign product, likely lack such certification. Further there's probably been no effort at properly shielding the circuitry.
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Last few days my electrum wallet keeps on "synchronizing" and nothing change. ... The status is still "synchronizing" with blue arrows in the right corner. My last received transaction there is 0. I've checked it in blockchain and the status of the last transaction is "received". But in my balance is 0. I guess, because my wallet isn't connected.
This appears to be a known bug as discussed in this thread: https://bitcointalk.org/index.php?topic=2829027.0It should be fixed in the latest 3.0.6 version of Electrum.
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Thank you for your help....I appreciate it....almost a week and still no funds....looks like I'm eatin this one
Have you contacted rightbtc's support? Also, are you sure you sent Bitcoin to a Bitcoin (BTC) address? Could you have sent to a Bitcoin Cash (BCH or sometimes BCC) address?
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Every wallet can receive from bech32
Every wallet that has been programmed to accept it can. There are some that won't for example, wallets that might not currently be in development for obvious reasons like multibit. Every wallet can receive from bech32. Legacy wallets will receive at "1" (or "3") addresses, but the payer can have their funds in a bech32 address. In other words, funds formerly in a bech32 address can be received by any wallet. When paying a merchant using legacy addresses, you can still pay them even if your funds are in a bech32 address. The blockchain will record a transaction with a bech32 input, and a legacy output. The merchant's legacy software will be able to collect the legacy output. Expanding on my previous statement: If you use the Trezor or Ledger with Electrum, then yes, you can send bitcoins to a "bc1" address. Presently, released versions of Trezor and Electrum (and presumably Ledger) limit users to "3" SegWit addresses. However, because Electrum supports sending to bech32, it can send from an "3" address to a "bc1" address. Edit: Decided to double check the Electrum + Trezor/Ledger combination for sends. https://en.bitcoin.it/wiki/Bech32_adoption confirms this ability. (But it also claims that these combinations can receive at "bc1" addresses...)
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Hi, how it's possible to install Electrum to encrypted dmg image? (I am a new mac user) Thank you!
There is only type of Electrum for MacOS. It is distributed as an application in a dmg file. You'll need to Finder drag the icon to your Applications folder. You should be able to Finder drag to the drive icon of your boot drive, and the Finder will take care to route the application "file" to the Applications folder. The wallet file will be nested inside the (hidden) .electrum folder in your user's home directory.
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6) I learned something new---> blocks "filling up". So, please correct me if I'm wrong. The size of the blockchain is the sum of two parts: the mined blocks & the ledger
The blocks are the ledger! The pre-Segwit 1MB block limit meant that the ledger can only grow by 1MB every ~10 minutes. Now with Segwit, the ledger can theoretically grow 4MB in ~10 minutes, though the practical rate is about 2MB/~10min and the current actual rate is only slightly over 1MB/~10 min.
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For example, trezor and ledger uses address starting with 3(segwit-in-p2sh), they can send bitcoins to bc1 address?
If you use the Trezor or Ledger with Electrum, then yes. If you try to spend the exact same UTXO's using Trezor's or Ledger's web interface, then likely not yet.
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In the future, each miner has three mainboards, each with six dedicated ASIC processors for mining, and each dedicated ASIC processor for mining features 32 1Gb DDR3 memory. In total, there will be 72 GigaByte of DRAM memory on a F3 miner,
The math does work out: (3 boards) * (6 ASICs) * (32 RAMs) * (1 giga bit) = 576 gigabits = 72 gigabytes
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Could you then explain me at least why miners don't control the network? Because from my understanding they are the ones who control rules of creation of new blocks. It doesn't matter if your node starts to reject new blocks as long as miners opt for other block rules if you don't comply you won't then see any incoming blocks. What you could potentially do is do another fork another alt with lower hash power.
Example: You're trying to buy a GPU from EggsRUs. You send BTC. Unbeknownst to you, the big mining pools have changed the rules to give themselves a 2100 BTC block reward every block forever. (Purists are calling the pools' coin MinerCoin.) Eggs, being a merchant, knows about this inflationary change - and doesn't like it. Your transaction quickly confirms on MinerCoin, but Eggs isn't looking for it on that chain. A rag tag collection of miners are still on the legacy chain. Eventually, your transaction does confirm on the legacy chain. With some delay, you get your GPU. At some point, the big pools attempt to cash out their new found riches, but alas, nobody with real money on the line will accept their coins. TLDR summary: Users transacting real value determine which fork has value.
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If Coinomi creates a new Public address for each "receive", does that also imply another private key for each public address?
Yes. Yes, I've got the recovery phrase backed up.
Good! But let's say I received Litecoin at ten different addresses in my Coinomi wallet.
How does the key generator know that there were 10 addresses?
It will generate the 1st address, and then check if it has been used on the blockchain. It doesn't matter if it contains nothing right now, what's important is whether there was activity at some time or not. Then it moves on to the 2nd address and checks that one. This process continues until it has checked 20 addresses in a row without activity. The count of 20 is called the "gap limit". In some wallets, it is configurable. Why would there be a gap? Lets say you gave out unique payment addresses to 10 coworkers to pay their share of the lunch tab. Then you gave out addresses to your online customers - and they paid. Now lets say all 10 coworkers stiffed you. You'd have a gap of ten unused addresses.
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