Currently the transactions are getting confirmed with a minimal fee of 3sats/byte based on https://coinb.in/#fees. Your transactions will get past within this day probably. But you should set the fees manually using the GUI slider for your to get past quickly with the recommended fees. As achow said in an older post, bitcoind needs to sync completely for you to check with the current fee. How can I set minimum transaction fee while running bitcoind server or in bitcoin.conf ?
You can set minimum transaction fee by configuring the mintxfee= x BTC/KB By this way, you are instructing your client to broadcast your transaction with x BTC/ 1000 bytes. Setting the mintxfee too low would be quite dangerous. |
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If there exists a lot of Nigerians and Africans in this forum and there are considerable development of blockchain technology in Africa then there should be a separate board created for them. I assume Pidgin and Africaans are more commonly spoken in major parts of Africa. May be theymos can create a board for Africa and create a child board such as "Regional Languages (Africa)". The African people would communicate in Pidgin and Africaans in the main board and other minor languages in child board. This is just my assumption. Local boards are for non-English speaking languages and Africa is a continent with many different languages.
...snip...
Those countries all have their own specific language. Nigeria is a mostly English speaking country as far as I'm aware. Again, local boards aren't really for specific regions but actual languages.
I don't think the local boards works that way. If we consider the Indian Board, people seem to be communicating only in English and other language topics are being posted in Regional Languages (India) child board and Google says English and Hindi are the national languages of India. But India has a separate board, assuming the Indians need one to discuss the ongoing issues in their country. Similarly why don't we have one for Africa if there exist a demand for such a board? I still cannot support the need for a separate board if there aren't much Africans supporting the application. Might it help theymos to get one suitable moderator from the list of users.
If the board isn't much active there is no need to hire a dedicated moderator. If a separate board is created for Africa, people can report bad posts and global mods would take care of that. If the spams increase at a larger rate, then theymos might look into it. |
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With the current scenarios prevailing in the market, we can infer that we are not in the era of FOMO. Rather we are being faced with FUD all around. The price is currently not stable nor rising, but they are being driven by forces of FUD until there is a good news which may contribute to the price rise. Investors and other prominent people in the crypto space still believe we haven't reached the bottom which might exist somewhere at $1000.
With the recent developments in ETF related proposals and the SEC commissioner Jay Clayton giving out a positive note favouring the approval of ETF, we might see a slight price rise in the upcoming days. But the size of FOMO will be based on the complete approval of ETF and the widespread usage of cryptocurrencies in all the fields. With the approval of ETF, I believe the price will reach not higher than $10,000. 2017 prices were based on FUD and speculation and the new price highs will be reached only during the widespread adoption. Only during this period we will be able to see how big the FOMO rises.
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Gambling on the whole has been a wide market which brings in billions of money per year across the world. People tend to lose and win all over the year, but there is an increasing adoption of iGaming throughout the Gambling sectors. iGaming in the sense, they are similar to gambling but are regulated by the laws and the integration of network along with gambling has brought in a lot of interest. Nowadays, the crypto projects based on iGaming is increasing at a faster rate. I do believe trust was one common factor which prevented gamblers from using iGaming from the manual gambling.
The neighbouring countries of Europe and Asia seems to be dominating the gambling market with the primary interest of them being sports betting and online poker games. Currently the gambling sector has a strong market of around $50 billion which is quite big. But these market are based on manual gambling and very little is contributed through the iGaming sector. But with the growth of blockchain technology trusting a third party is completely eliminated and this brings in a lot of hope among the gamblers to use the iGaming sector.
[1] Coming to the crypto related projects, the primary disadvantage related to using cryptocurrency in gambling is it's volatility.
[2] Secondly, commissions. Cryptocoins are highly volatile which leads to these commissions getting very high or very low.
[3] Smart Contract failures too play a major role in the failure of a gambling project. Bad code and a badly written smart contract code will make you lose millions of dollars.
[4] Jurisdiction : Cryptocurrency is still being seen as a illegal tender in various countries around the world. In these countries, gambling with cryptocoins would probably be banned.
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It was my latest idea that triggered the thread. I thought it would be fun to have a type of prediction contest about the Bitcoin price at the time of the next halving. Members put 0.001 ( about £ 2,50 or $3.50) into a locked Bitcoin address, and the one who got closrst to the price, scooped the pool. It would have created some good speculation threads, which would have helped the forum, and if the price of Bitcoin did rocket up, then it could have provided a substantial prize.
Do you mean similar to this : GAME game *game* "GAME" QUARTER PREDICTIONS or something like this : FREE DAILY RAFFLE RULES. PLEASE READ PRIOR TO PARTICIPATINGBoth these successfully running projects seems to come under your criteria but they are being run by one single entity. Projects like these seems to trigger the interest in many but the participants are not exactly willing to throw out the money from their pocket or probably requires free money. For a forum which involves digital money, most of this forum people come here not to learn anything new or to help anyone rather they hunt for free money with just minimal efforts or scam some poor inexperienced newbies and run away with those money. The projects which were started by you so far (ex. FitToTalk) have always been literally very helpful to educate people, but they didn't involve ways of getting any free money. Hence they gained less attention from third world bounty hunters and wasn't really trending in the forum. We as like minded people can start something which may help someone but taking those ideas forward requires other's commitment in the project. P.S Both mic and krog have been spending the dime from their own money and such projects cannot be considered as a community driven one. The community participates in such things, since they receive something free. |
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Hey guys, It's been quite some time I was active in this club. Found a smart shitposting referral link spammer who would start posting his referral links in almost all the local boards I believe. User : Jamesib1Usually I visit Altcoin section and keep track of few users who seem to be quite different in posting. Got hold of this guy when he was redundantly posting in the Speculation section. When I went through his new posts, he has started few topics on announcing an exchange "Totalcoin". In the last few lines of the topic he hides his referral links through the texts and posts them. When clicking on those links, they lead to playstore and the wallet gets downloaded through his referrals. I have reported both his posts about the exchange, if you got to see this guy in your local board posting about this kindly report him. |
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Bump bots are quite good in bumping your thread at the right time for clients to see your services and opt for them. As far as these bots comply under the rules of this forum it is good to proceed further with a newbie account of your's acting as a bump bot. Similarly if the announcer doesn't have enough interest in the forum to become an active member, why should we consider his product.
No, activities shouldn't be considered while opting a service. A newbie can also offer a good legitimate and a far better service than a legendary guy. If you consider the collectibles section for instance, newbies and Jr members are one among the trusted people and they do announce their own product and people buy them. This forum is not just for discussing things about cryptocurrency. Some People come here only for offering their services and buying things. They might have lower activity but can offer good services. If the thread doesn't get any active replies or comments, then it is unlikely to be of benefit to the members here, so it should be allowed to drop, and leave space for better quality products.
Probably people hiring such services might reach out to the OP via PM by going through their portfolio and there is no need for them to post a public reply in their thread. |
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but have a feeling the funds are lost to the blockchain forever.
Why don't you try to close the channel unilaterally if you are the other user too? I believe your other wallet is good enough to close the channel, which will get back your funds? Maybe there is a command in LND to expose the private key, since I have the seed words, seed password, and wallet password?
I don't think so there exists something like that. But you can try "listfunds" to check the funds present in your wallet. I have not opened channels back to the nodes I had before. But weirdly, they show up as 'peers' and not channels.
I don't get your point in this.  see if I can open channels back with the nodes. Since channel state is lost, I doubt it's recoverable. But thought I would access the knowledge of those smarter than me.
No one is smarter than anyone. It is just the implementation of one's gained knowledge at the right place and at the right time.  Unless you don't have access to the "lightningd.sqlite3" file I think it would not be possible to open the same channel as those state of the channel is unrecoverable. Both these files are equally important as seed and a password in the normal onchain node. Lightning Network is new to everyone. We need to try things out like these with minimal btc and learn. |
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I am not quite familiar with how exactly Lightning works in real time as I have never used them. But based on my readings and understanding of the concept I have few answers which may/ may not solve this issue. If this seems to be wrong someone try to correct them.
Bitcoin Node and Lightning Node are entirely two different things. In order for you to restore the blockchain (onchain/ordinary wallet) funds, both the passphrase and the password is quite enough but restoring a lightning wallet is not the same case. Paraphrase is not helpful for you to restore the LN funds as restoring a LN fund requires state of the channel additionally. In simple terms, you would require "hsm_secret" file and "lightningd.sqlite3" file to restore the state of the wallet as for how it was during the funding.
I also assume that you have opened the channels to transact within yourself, if so you should have the other wallet in control and you can unilaterally close the channel from one end, if this is done you can restore the funds with the use of hsm_secret file. Truly speaking restoring lightning channels are quite dangerous and would result in complete loss of funds. If you try to restore the LND with the new state of the wallet the opposite party would think this as a breach of terms and would terminate for transaction which might also result in loss of your funds.
P.S These are completely based on my understanding of LN, it may even be wrong.
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There are varied reasons which decide the average monthly wage of a person. These wages probably depend on the political systems weather they are good or corrupted, literacy rate of a country, how good the GDP of a country and how they are being utilized to improve the employment standards of people. Few countries have low literacy rates which leads to the government paying less than what needs to be paid for those jobs.
Political systems too play a major role in deciding the employment opportunities and minimum wages of a country. There are few countries which produce graduates at a much faster rate and around 90% of them being unemployed once they have finished their course from the university. This is due to the fact that the employment is controlled by the government bodies and they are being occupied by illiterate candidates. This might feel strange for many while reading but situations like these are commonly occuring in parts of third world countries (or probably in atleast corrupted countries).
An average illiterate taxi driver who owns a car and works for 5 days in a week for 6 hours a day in a first world country (eg. Australia) earns around 4000 USD whereas a literate guy who has a better knowledge and has 10+ yr experience in his domain earns 700-800 USD per month in a third world country. There has been several instances in third world countries where fresh literate unemployed people worked as street sweepers and received a pay of 200 USD monthly which they felt as far better than their unemployment.
Coming to Nigeria, they do pay higher if they hire good literate people. i have seen people getting paid a maximum of 8000-10000 USD a month if they work in Nigeria and other African countries considering the good mineral wealth prevailing in the continent. Mechanical workers are getting paid a lot for governing the extraction processes but the poor labourers are being fooled by the government with low wages.
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10 people will win...my fuckup....all is well...
I couldn't resist myself from clicking on the Merit button for your goodwill. So kind of you to honour both the wrong and the correct block members. Congrats all the 10 winners.  |
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1 - Heisenberg Filling out faster than expected  Good Luck all  |
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Let me try my luck on this after a long time  8 - Heisenberg I need to keep an eye for tomorrow's 200th raffle. Might fill out fast Good Morning and may the force be with everyone |
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- You’ll receive almost no Merit anymore. The number of people meriting your posts will decrease a lot.
This probably doesn't make much sense actually. Merits aren't based on the trust of a particular user. They are purely based on how good, witty, constrictive and helpful the posts are. Meriting a person by judging his account is not right. Merits aren't meant for that. They are introduced to highlight good posts from the ordinary redundant shit prevailing all over the forum. Though, I am not completely contradicting your statement but Merits and Trust and independent. There are many instances where a highly negative trusted user has got decent merits. - Your arguments in discussions will be also traded with caution.
No, not all the boards displays Trust of a user. Only Bitcoin and Altcoin Marketplace boards displays trust. Others board doesn't actually need to display trust as there isn't any trade going on! I don't get your point. What do you mean by traded with caution |
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Brand New Member Alex_James123 started his journey in this forum by plagiarising from various websites. Kindly BAN him before he plagiarises further. Copy : There are a few ways you can acquire cryptocurrency: by mining, trading, simply earns it by referrals.
Mining: Bitcoin mining is the most convenient method to get BTC, but it had more drawbacks and is moreover a very time-consuming process general crypto enthusiast. Not only that, the mining process needs a great amount of electricity, but even the mining rewards are very low. The electricity or power consumed might even be much more than the returns, hence it's mostly a loss for the miner. Mining is highly depreciating as cryptocurrencies face the challenge of the risk of value depreciation such that the cryptocurrency value you invested, instead of actually growing, drops over a certain time. There are plenty of things which has a high probability of going wrong, like hardware failures, power outages, network disconnections & price crashes. Trading: Trading as the name suggests is a transaction that either happens between the two cryptocurrencies or between fiat and cryptocurrency or by long/short bets. This is a regular method of getting Bitcoins or other cryptos. When you do this, you earn Bitcoin by selling them for profit. The crypto market is in bear phase since the beginning of the year 2018. Earing Bitcoin through trading is not advisable for any novice crypto enthusiast. Referral: Referral programme is by far the best in terms of ROI. Here you just have to make your friends join and using the platform through your referral. Whenever they use the platform, you get your earnings. In the Referral system, where existing users referring new ones are rewarded with a pro rata portion of new users' earnings from the faucet. Unlike illegal pyramid schemes, earnings do not percolate to the top in the chain of referrals. It's a stable return, whether the value appreciates or depreciates you will get your money. Few good Mining platforms are: CGMiner, MultiMiner, BFGMiner, BitMinter etc., Few good Trading platforms are: Binance, Bittrex, Bitmex, CoinSwitch etc., Good referral program(that I use): https://coinswitch.co/referralArchived for reference : http://archive.is/HzRBVOriginal : There are a few ways you can acquire Bitcoin by mining, trading simply earns it by referrals.
Mining: Bitcoin mining is the most convenient method to get BTC, but it had more drawbacks and is moreover a very time-consuming process general crypto enthusiast. Not only that, the mining process needs a great amount of electricity, but even the mining rewards are very low. The electricity or power consumed might even be much more than the returns, hence it's mostly a loss for the miner. Mining is highly depreciating as cryptocurrencies face the challenge of the risk of value depreciation such that the cryptocurrency value you invested, instead of actually growing, drops over a certain time. There are plenty of things which has a high probability of going wrong, like hardware failures, power outages, network disconnections & price crashes.
Trading: Trading as the name suggests is a transaction that either happens between the two cryptocurrencies or between fiat and cryptocurrency. This is a regular method of getting Bitcoins or other cryptos. When you do this, you earn Bitcoin by selling them for profit. The crypto market is in bear phase since the beginning of the year 2018. Earing Bitcoin through trading is not advisable for any novice crypto enthusiast.
Referral: Referral programme is by far the best in terms of ROI. Here you just have to make your friends join and using the platform through your referral. Whenever they use the platform, you get your earnings. In the Referral system, where existing users referring new ones are rewarded with a pro rata portion of new users' earnings from the faucet. Unlike illegal pyramid schemes, earnings do not percolate to the top in the chain of referrals. It's a stable return, whether the value appreciates or depreciates you will get your money.
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That was certainly the first bad judgement from me trying to endorse an already proven scam site. I just don't throw my hat into everything I see or rather I don't wear a signature quite often. What made me to fall in the trap was,
[1] I have used duckdice website once last year and have played games. I have withdrawn a small amount to my personal wallet.
[2] I had already been part of notaek signature campaigns who seemed to be trustworthy in choosing his campaigns or services. Though he didn't manage the campaign on behalf, but I felt escrowing the funds were more than enough.
Even the ICO's I promote through my signature space have been personally verified and has been proven trustworthy to invest on various review platforms. I would be really careful when I choose a signature since I don't stick to one board which people commonly do here. I post in varied number of boards ranging from Tech discussion to Altcoin Discussion. Hence my signature would be seen by large amount of forum population. Exposing ourselves to a larger population should make us more rigour towards our judgement. Though I didn't write any posts but I apologize for wearing the signature.
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In fact I reduced difficulty of whole network and created my private chain. I'm currently mining on that which is good enough to implement 51% attack quickly, and also uses all main net functions.
That's great bud. I have even used testnet and regtest quite some times, but never thought of implementing any kind of attack on it. yes, I know but simulating these attacks require creating two blocks at the same time which the fake chain is longer that the true chain. Since for test I mine with bitcoin built-in miner I have no idea how to create two blocks at the same time. There is always a delay(at least in timestamp). Let me try to explain it as simple as I can from what I have read about double spending and how to carry out one. Double spending can be done by many ways. The common one being what you are trying to achieve by creating 2 blocks in 2 different nodes in exactly the same timestamp. The other one being marking the validated block as invalid. I believe this method is a way of double spending a coin but not sure actually. First send some coins to a wallet. Allow the blocks to be confirmed. Once the tx has got enough confirmations, type invalidateblock [hash] in the console. Here [hash] is the hash of the block where the tx is present. invalidateblock command instructs other nodes that the particular block has not followed consensus rules and would become invalid. Thus the chainstate gets back to how it was back before the block i.e your transaction is still not yet confirmed. This is where it gets tricky, you should have enough hashpower i.e more than 51% to overcome the main chain and create yourself a newer chain. Once the newer chain becomes longer, the network would shift to the longest chain as a valid one. By this way, your coins would return back to your wallet by which you have successfully double spent your coins. You have paid and got back the money by stating the block as invalid. EDIT : achow was faster. I am in mobile right now |
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A btc testnet functions similar to that of a mainnet, but these coins don't have real value and the difficulty for mining the block is literally very low. The testnet follows almost all the consensus rules similar to that of the mainnet.Hence 51% attack functions similar to that in the mainnet. At the current difficulty,in order to carry out a 51% attack on the mainnet, the individual miner or group of miners need to control 51% of current hashrate which stands at 40 million TH/s. But the testnet has a lower hashrate of 62 TH/s, which requires just 2 or 3 ASIC mining rigs to take control and perform the 51% attack on the testnet successfully. But you could try using regtest mode in the bitcoind application to test your own local blockchain with such kind of attacks. You could even try out performing eclipse attack and the cybil attack successfully. Since Btc is a p2p applicaton,in regtest mode you can create multiple nodes and control them and carry out 51% attacks and see them visually. Is disconnecting one node from chain for some time will do the it properly or other nodes recognize it once it is added to the chain ?
I don't get your point. Why should you disconnect your node to carry out 51% attack? Am I missing something here |
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Data leak can happen anywhere whether I trust the merchant or not. How good and secure system you create, Social Engineering will always going to be big threat.
That's true. But if you order goods from this forum, you better ought to go with trusted people and use PGP encryption while handing over your address or similar to that. Well I am still not sure that you are talking about ordering goods from any other website or this forum, but I haven't seen people using any other services other than a P.O. Box. Also, there are lots of instances which has happened in this forum where the seller misused the buyer's address and threatened him that he would leak his info to public. 2. I guess, you are responsible to pick the articles from PO box, so you are losing the benefit of home delivery.
You need to make compromises if you are maintaining your privacy and needed to be completely anonymous. OTOH, I guess you should be giving your real name in PO, if you are going for the PO Box services. |
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