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421  Other / Politics & Society / Re: Diplomatic, economic, military coordination by US and Israel to stop Iran Nukes. on: June 04, 2022, 06:55:54 AM
Iran is the largest state sponsor of terrorism. There is no reason why Iran should be allowed to have any nuclear technology. In fact, Iran even pursuing nukes is a pretty strong argument in favor of launching a pre-emptive nuclear attack against Iran.

Typical leftist nonsense defending terrorists.
422  Economy / Service Discussion / Re: What Do Centralized Exchanges Consider as Taint? on: June 04, 2022, 06:50:58 AM
If I am not mistaken, most exchanges have TOS that direct people to only deposit their own coin onto their exchange account.
And if I have sold you some good, service, altcoin, whatever, and you choose to pay me directly from your casino account, then legally speaking those coins you are sending me as payment are mine. And even if you send from your casino account to my own wallet, and then I send from my own wallet to an exchange, many exchanges will still take issue with that. As I said above, as soon as any transaction has taken place then you can no longer say that those coins have not changed hands, which makes taint analysis pointless.
When you withdraw from a casino account, or any other online account, you are exchanging an IOU for coin.

Regardless of what is in any TOS, there is no legal basis for an exchange to "freeze" an account indefinitely without a court order. If an exchange were to do this, the customer should take the exchange to court.
Depends on your jurisdiction. If some government forces some hardline KYC requirements, then your account will absolutely be frozen unless you comply with them. And as I said in another thread:

Maybe you know otherwise, but I am unaware of literally any successful cases by an individual user against a major exchange which locked their account or seized their coins.
The judiciary will correct injustices against complaining parties and will do so in a neutral manner. Anyone can complain online, and tell a slanted version of their side of the story, but if courts are not granting judgements against exchanges for seizing coin, one might reasonably conclude that exchanges are not seizing property that lawfully belongs to their customers.
423  Bitcoin / Development & Technical Discussion / Re: The math behind confirmations? on: June 02, 2022, 03:12:31 PM
attacker
I don't think the OP is asking about a 51% attack. My understanding of the OP's question is that he is asking about the probability of there being a chain of orphaned blocks that is 6 blocks deep. The OP does use the words "double spend attack", but the context of his question appears to be asking about orphaned blocks.

When a block is found, it will take x amount of time to propagate throughout the network, and if another miner finds a competing block within that time, there is the potential for some of the network to be working on top of one block at height y, and some of the network to be working on top of another block at the time height. If this were to happen, and both parts of the network find block y + 1 within the aforementioned x time, there will be a chain of two orphaned blocks.

Without knowing how long it typically takes for blocks to propagate, it is difficult to calculate the chances of a chain split that is n blocks deep. I do know that the miners, and mining pools have invested heavily in getting their found blocks to the other miners quickly, and over time, the time required for a block to propagate has been reduced.

With the above being said, just because there is a chain of orphaned blocks, it is not necessarily going to be true that there will be a different set of confirmed transactions in each of the blocks. In general, miners will fill their blocks with transactions based on transaction fee rate, so all miners are more or less expected to include the same transaction set in each of their blocks, notwithstanding transactions that were very recently broadcast immediately prior to a block being found.
424  Economy / Reputation / Re: Reputation: nullius is a cunt ✔ on: June 01, 2022, 08:48:20 AM
If I had any doubts they've been extinguished by reading this post: https://bitcointalk.org/index.php?topic=178336.msg60264248#msg60264248
If the post from May 30 is not written by nullius, then the cited post certainly was, lol.

I don't have any major issues with nullius, and I don't think he is hurting anyone if in fact nullius and "death_wish" are the same person. With that being said, most likely, they are the same. If you don't like him, feel free to add him to your ignore list.

Edit:typo
425  Bitcoin / Development & Technical Discussion / Re: Why I Do [Not] Want Timestamps Inside Transactions, Reloaded (Part II) on: June 01, 2022, 08:39:59 AM
A better longterm fix seems to be something that checks the amount of bitcoin in existence every single block. And makes that one of the consensus rules that the block is invalid if the # of bitcoin in existence becomes larger than 21,000,000. that way any type of inflation bug would be stopped, not just this particular one but all of them.
That solution would not be ideal. If there was some inflation bug that caused the total number of bitcoin today to be 20,999,999.9, under current consensus rules, any block that produced the above would be invalid. Further, the current block reward is currently 6.25BTC, however, the miners do not have to take the full amount (they almost certainly will), and could take less, so using simple algebra to calculate the appropriate number of unspent outputs would break consensus rules. Finally, and probably most importantly, the sum of all unspent outputs is not contained directly in any single block, this means that in order to calculate the sum of all unspent outputs as of block x, you would need to review all blocks leading up to block x, and this is not something that is scalable.
426  Bitcoin / Development & Technical Discussion / Re: Building An Escrow Wallet On Bitcoin Core on: June 01, 2022, 07:53:23 AM

@primenumber7

Quote
if Alice is trading with Bob, and is using Charlie as an escrow agent:
*If Charlie is taking sole custody of the coin, as his role as escrow agent, he will release the coin upon the agreement of both Alice and Bob
*If Charlie is using a 2-of-3 multisig address, as his role as escrow agent, Alice and Bob will sign a release transaction upon both of their agreement


I guess  exchanges like localbitcoins must be taking sole custody of the coin like Charlie and not using multisig addresses. Is this correct? This would enable them, like me to charge fees?

I don't mind my site taking sole custody of the sellers Bitcoin (during the transaction), but when there is a transfer to the buyer, it can go directly to their non custodial wallets right? It does not have to be in my site address.
My understanding is that LBC does keep sole custody of customer deposits. There is a lot of automation involved, so the seller telling LBC that the coin can be released to the buyer will often have the effect of the buyer instantly receiving the coin, but LBC may delay any withdrawals from the buyer's account for various reasons.

A 2-of-3 multi-sig without a security deposit should reduce the risks to all parties involved. If the transaction goes smoothly, both parties sign the release transaction, and if there is a dispute, the escrow agent can mediate the dispute according to the TOS of his services and sign a transaction accordingly.

Such mediation would only work if the mediator forces both parties to pass a screen that makes them confirm that there are no disputes between them, before signing the transaction.

Otherwise the tx can still be broadcasted while there is a dispute, or before the dispute happens.

As a general rule, it is best to not sign a transaction unless you are okay with the transaction being broadcast and confirmed.
427  Other / Politics & Society / Re: Who to follow on Twitter and Why all football players fall in NFT? on: June 01, 2022, 07:48:50 AM
NFTs have the potential to have actual value if they represent some property in real life. However, I think most “art” NFT have little to no underlying value.

NFT can have the potential of good underlying VALUE. if the PRICE were not set to silly random amounts way above value.

imagine games like Call Of Duty.
where the game developers develop a sniper gun with perfect accuracy and 'sniped' a player with one shot and had some 'heat seeking'(follow the target) feature that the bullet would follow the target after the trigger was pulled to ensure a hit even if the target moved at the last second to ensure a 'kill'... but where the developers only wanted 5000 players to be able to use it. (only 5000 tokens)
where the game would seek proof of ownership via privkey signing to import the gun image/functionality into that players gameplay.
this would then make those 5000 NFT tokens valuable to players. as they could not use the gun without having the private key of a gun assigned to them. thus they would pay more for this gun rather then a similar one on the in-game store that had less accuracy and was not limited to 5k players

of course the purchases and price listing would need to be fair and open. and not some silly closed auction of rigging the price to set a stupidly high price to fake value.
but a NFT like this would then have value, as it has rarity and functionality, utility for its owner
Sure, a video game item may have some actual value because players would have some use for it.

My prior comment was referring to the "art" NFTs that are nothing more than hashes of images that can be trivially duplicated, and often, the seller has no legitimate rights to the "art".

I have posted in other threads that NFTs can also represent ownership of physical items, such as real estate, and this would be another example of when NFTs would have actual value.
428  Other / Meta / Re: Outdated factoids? ["Bitcoin Core is beta software"] on: May 31, 2022, 02:26:20 PM
Specifically, should we still be considering Bitcoin as experimental and beta software? The copyright message inside Bitcoin Core hints that it's experimental software, but given that the codebase is quite mature now and breaking changes generally are not merged into the Github tree, are these designations out-of-date and should they be altered?
Some people would even consider Linux OS to be experimental operating system, especially rolling releases like Manjaro etc.
For Bitcoin, this is probably just a simple protection from receiving lawsuits from people who lose money by using Bitcoin core software, even if that is done by their own mistake.
I could think of scenarios with bitcoin developers getting bunch of lawsuits because mempool is full and transaction got stuck, or if some files got corrupted, and similar.
In my opinion there is nothing wrong with using experimental beta software, and I will continue ''testing'' bitcoin for life.  Cool
I don't think the warning is about protecting the devs. I think it is more likely to be a legitimate warning to potential users to not keep all their money in cryto. A warning on a discussion forum that is not officially associated with the project is unlikely to provide any legal protections to the devs of said project.
429  Other / Politics & Society / Re: Who to follow on Twitter and Why all football players fall in NFT? on: May 29, 2022, 10:34:10 PM
As an example of the above, someone purchased an NFT of the first tweet by Jack Dorsey, founder of Twitter for 2.8 million dollars, and subsequently auctioned it, and said auction received a high bid of $280.

Such a wonderfull and descriptive story Smiley
Intresting, what is going to be with NFT in a while, and how soon a rush will be over.
NFTs have the potential to have actual value if they represent some property in real life. However, I think most “art” NFT have little to no underlying value.
430  Other / Meta / Re: Remove "Report to moderator" from Wall Observer on: May 29, 2022, 06:29:03 PM
I understand that WO is still moderated, even if it is less moderated than advertised. Reporting spambots for example should result in action being taken.

I have also reported rule violations in the WO thread for rules that are not enforced (these reports were made in error), and said reports were marked as bad.

I think if something is remaining in unhandled status, you should regard that report as a "soft bad" type pofts.
431  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: May 29, 2022, 06:11:02 PM
Russia is being exposed as weak militarily. It still has a stockpile of nukes, but is vulnerable to invasion/attack.
Does anyone in the world feel the strength to attack weak defenseless Russia? I don't see a line of applicants. All Russophobes have fled to the corners and are barking at Russia from a safe distance, only Ukraine is taking the rap for everyone.
There are no countries that have an interest in invading Russia. I don't think any western country would benefit strategically by successfully invading Russia.

I could potentially see China invading Russia in an effort to secure oil/gas supplies ahead of an invasion of Taiwan.
432  Bitcoin / Development & Technical Discussion / Re: Managing multiple (100s-1000s) wallets with Bitcoin Core on: May 29, 2022, 06:08:08 PM
You don't want vanilla Bitcoin Core then. You have to mod it.

For such small things as reading the balance, you should read the wallet file directly using a BDB 4.8 C++ driver and do such calculations as summining the amounts in each address on your own.

In fact you should avoid loading wallets all together for your use-case, as it's not scalable.


Thanks for the reply. So how could I calculate the balance out of a wallet.dat file without having to search the addresses in a blockchain. I'm not trying to rely on a public API and the bitcoin core doesn't have a blockchain "explorer" as far as I know. So would I have to create a blockchain explorer first by storing the whole blockchain to a database? Are there any public projects that could give me an idea how its meant to be done...
Bitcoin core already stores all block/transaction data in a database.

There are a number of block explorers that you can run on top of bitcoin core. Here is a list of some of them.


Another important thing to point out is that you do not want the "balance" of any given address, you are most likely going to want to know the unspent outputs associated with each address.
433  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: May 29, 2022, 06:00:53 PM
Russia is not a winner of this war, no matter the military outcome.
I don't understand, can you explain what you mean?

Remember back when Russia invaded all of Ukraine and tried to "decapitate the government"?  

Remember how everyone, including Western media and most or all posters in this thread, including myself thought it would not take long for Russia to accomplish their objectives?

Remember how, after failing to take the capital quickly, they spent weeks trying to encircle Kyiv?  

Remember how you thought they were intentionally not completely surrounding it to allow civilians to leave and "all who remained and did not lay down their weapons would be destroyed" and "it would be foolish to think otherwise"?

Remember how you were sure there would be a parade in Russian controlled Kyiv on victory day?

Remember how during all of this, Putin made a new law making it illegal to even call the war a war, because that would imply Ukraine posed some sort of threat to Russian soldiers?

Remember what happened after all that?  How Russia had to retreat, the flag ship of the Russian Navy was sunk, thousands and thousands of Russian soldiers were killed, and even Russian bloggers imbedded with the military that normally relay the State approved propaganda began criticizing the stupid decisions being made by those in charge?

I think that's what he means.

I still do not understand. Any good winning strategy must be flexible so as not to depend on any particular tactical setback. Putin certainly has a very good, flexible and winning strategy in Ukraine. Even if events do not develop according to the scenario that you yourself have come up with, and does not fit into the time frame that you have set for yourself. I have already said above and I will repeat now - time works for Russia. Russia can well afford to advance slowly, grinding Ukrainian reinforcements approaching the front with artillery from a safe distance and destroying military equipment supplies from the West. Russia may well allow even to stop the advance completely and spend the winter to look at developments on the economic front - how Europe will react to the shortage of gas and food. A special operation is not a sprint, but a marathon. We're in the second phase of the operation now, and there could be a dozen of them. There is a high probability that the operation will not end in Ukraine and Russia will also have to demilitarize and denazify the Baltic States, Finland and Poland - their rhetoric towards Russia has been very aggressive lately.
Putin has surrounded himself with 'yes men'. His strategy was to complete the war in a couple of days. This is evidenced by the fact that he did not even plan for resupply lines to help the front lines.

Russia is being exposed as weak militarily. It still has a stockpile of nukes, but is vulnerable to invasion/attack.
434  Other / Meta / Re: BADecker can do this ... on: May 29, 2022, 05:56:54 PM
I don't think it should be that difficult. There are plenty of people in P&S who post absolute nonsense, but at least manage to mostly stay on topic and can make a coherent post, even if the content of that post is moronic. And then there are people like BADecker and Tash who just post low quality and off topic trash which contributes absolutely nothing to any thread.

We delete off topic posts and posts which add nothing in other boards. Why not P&S?
I do agree somewhat, there's definitely a few cases of pretty straight forward off topic replies, or just genuinely low quality posts. Although, I do think you need someone in the P&S section that probably doesn't care all too much about politics, otherwise personal beliefs, and views can get in the way.

FH was a left-wing Bernie bro, and IIRC was a supporter of communism. That is far from moderate, and he did care about politics.

IMO, it is more important for the P&S mod to be able to moderate in a way that is viewpoint neutral, and will not allow his views on topics of discussion interfear with his decision making.
435  Other / Meta / Re: Email address when making reports on: May 29, 2022, 09:04:56 AM
I did a little search in the Staff section, and for the record the ability to send an email for each report was removed in January 2018.

So if you did a report in 2017 or earlier, it's possible that a mod has your email address somewhere. But if I believe this answer from a mod (I won't name him Smiley) following this change, you don't risk a lot :
Quote
I had a filter set up as well though I recently changed it to move all the messages to the trashcan. Guess that's no longer needed.
If this is accurate, the warning should probably be removed.

I'd be inclined to believe that because the email addresses are stored in a MYSQL database along with the report contents, that only admins are able to read them, as they have direct access to the DB.
I don't think the forum uses MySQL. It appears that SMF may use Oracle databases by default, although theymos has customized the forum software, and the new forum software uses postgressSQL, so he may be using that.

I would agree that only certain admins have access to the forum database, although the OP was pointing out specific situations in which certain mods had permissions to view certain data from the database under particular circumstances. This is different than a moderator making an arbitrary query to the database.
436  Bitcoin / Development & Technical Discussion / Re: Building An Escrow Wallet On Bitcoin Core on: May 29, 2022, 08:49:45 AM
If the transaction goes smoothly, both parties sign the release transaction, and if there is a dispute, the escrow agent can mediate the dispute according to the TOS of his services and sign a transaction accordingly.
And with single-sig, such dispute can't happen, because Alice doesn't have custody (or part of it) to cheat. He's handed out to the escrow agent.

if Alice is trading with Bob, and is using Charlie as an escrow agent:
*If Charlie is taking sole custody of the coin, as his role as escrow agent, he will release the coin upon the agreement of both Alice and Bob
*If Charlie is using a 2-of-3 multisig address, as his role as escrow agent, Alice and Bob will sign a release transaction upon both of their agreement

*If there is a dispute, in both cases, Charlie will decide which party will receive the release coin, and that party will sign the release transaction with a multisig escrow, or Charlie will release the transaction on his own if he is not using multi-sig.

A 2-of-3 multi-sig escrow agent would not be able to arbitrarily run away with his customer's money, although he would be able to collude with one of the parties involved to steal the money in the escrow address. This setup may work when there is modest amounts of trust among all of those involved.
It mitigates trust, but it doesn't eliminates it, or at least, it doesn't discourage enough. The agent can still blackmail or collude with one of the other parties, as you said, to steal the money and split it half etc. And that's just for Alice's money. Charlie can't divide the possession of his product in a multi-sig.
The escrow agent has less ability to steal the coin with a multi-sig setup. This is a net benefit to his customers.
437  Other / Meta / Re: Bitcointalk Ranking-up pipeline- Those close to their next rank (lacking Merits) on: May 29, 2022, 08:41:18 AM
The bounty section is not even intended for actual discussion. Bitcointalk is a discussion forum, and posts that are worth reading (as part of a discussion) should generally receive merit. I would go as far as to opine that it will almost always be inappropriate to send merit to a post in the bounty section.

I would argue that most posts receiving merit in the bounty section are likely either purchased merit, in order to rank up (to junior member), or some other form of nefarious activity.
438  Bitcoin / Development & Technical Discussion / Re: Building An Escrow Wallet On Bitcoin Core on: May 29, 2022, 08:32:43 AM
This is how it works in theory. Multi-sig makes no sense unless Alice and Charlie use security deposit, which overrides the purpose of the middleman.
A 2-of-3 multi-sig without a security deposit should reduce the risks to all parties involved. If the transaction goes smoothly, both parties sign the release transaction, and if there is a dispute, the escrow agent can mediate the dispute according to the TOS of his services and sign a transaction accordingly.

A 2-of-3 multi-sig escrow agent would not be able to arbitrarily run away with his customer's money, although he would be able to collude with one of the parties involved to steal the money in the escrow address. This setup may work when there is modest amounts of trust among all of those involved.
439  Bitcoin / Bitcoin Technical Support / Re: cold storage on: May 29, 2022, 08:28:50 AM
is their any better idea then laptop thing except cold storage hardware like Trezor and Ledger Nano
That depends on your definition of "better"

Using cold storage will generally be more secure than storing your private keys on a computer that is connected to the internet. However, it will also be more difficult to spend your coin because you will be having to transfer transactions between your internet-connected computer and your cold-storage computer.


In general, I would advise to try to minimize the number of times you are accessing your cold storage wallet. Anytime you access your cold storage, you potentially expose yourself to physical attacks. Generally speaking, you may wish to keep modest amounts of coin on an internet-connected device that you may use for "everyday" type transactions, and only access your cold storage when you are wanting to make a larger purchase.

The above will depend on how much money is involved for each type of transaction, what you can afford to lose, and the value of your time.
440  Economy / Speculation / Re: Does all the money from luna have to go somewhere? on: May 29, 2022, 08:18:01 AM
Marketcaps are not a good methods to measure how much money actually got moved. It should be possible to pull the data on all the transactions and their value to know exactly how much money was moved out of Luna, especially if it happened on-chain and not centralized exchanges, because the latter probably don't keep their logs publicly available for many days.

what i am wondering here is that the team is claiming that they haven't benefited from this crash? then who? those large holders? but how did they know that it was time to cash out and buy another stablecoin or alt? i have the feeling that there's inside job in this situation. a large amount of money got liquidated for few days and nobody knows anything? that's bs! and now, do kwon is trying to save his face by introducing their luna 2.0? i hope people are not dumb enough to fall for another crap.

There was apparently a large holder of the "stablecoin" that was "backed" by luna that was in a lending platform that was paying high interest rates for coin stored there. There are reports that this large holder quickly exchanged their stablecoin for various stablecoins and for luna (which they subsequently sold).

The above holder apparently sold enough for the stablecoin to fall below its $1 peg, and eventually, confidence in the stablecoin was lost, and the price of luna fell through the floor.



I hear rumors that Tether might cause next big cryptocurrency price crash, but this might be just some FUDsters trying to spread panic.


Tether is backed by actual assets that are liquid, and USDT can be exchanged for real dollars. If the price of USDT falls far enough below $1, traders will buy USDT at market prices, and will exchange those USDT for actual dollars to make an arbitrage profit.
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