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May 11, 2024, 09:16:59 PM *
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241  Bitcoin / Bitcoin Technical Support / Re: Mining hash rate distribution on: February 11, 2024, 04:46:34 PM

The problem is that mining is so centralised and not transparent. About 50-60 miners control 51% of the hash power, we also don't have a dashaboard, a tool to check the status of the network, and we have to rely on the intensive work of researchers. This is a serious lack of transparency. The government does not want to destroy Bitcoin, it is enough to control it.

Not even close, just because you like spitting out numbers that mean nothing.
If you ever get off your chair and go to any of the large blockchain events you are going to meet a lot more then 50 to 60 people who control a few EH/s thought their companies.
Hell even here you can see the % of some of the mining in the US and that is spread among dozens and dozens of companies.

https://medium.com/foundry-digital/foundry-usa-pool-hashrate-by-state-f9dc92e7bc3b

Learn how things work before spouting off about them.

-Dave
242  Bitcoin / Development & Technical Discussion / Re: [INFO - DISCUSSION] Lightning UX challenges on: February 10, 2024, 04:57:26 PM
Not 100% OT here but it does being up the point of development in different environments with different teams.
From the developer of Zap Android

https://github.com/michaelWuensch/BitBanana/blob/master/docs/REBRANDING.md

Quote
Zap Android was just one implementation of the Zap family, which consists of Zap Android, Zap iOS and Zap Desktop. All three implementations are based on their own code base and are each developed and maintained by different developers. The features that these implementations offer are also not identical. Some are present in one, but not in the others. However, because all three implementations are known as Zap, users confuse information about one implementation with others.

So when we think of something like automatic rebalancing of channels, we can have 3 people with the same 'wallet' called Zap that has the process done / implemented 3 different ways because one is on Android, one is on iOS and one is the desktop version.

If it's all done in the background and works, it's great. If something goes wrong and people are trying to help, now and Android user trying to help an iOS user is getting frustrated because it's a different product with the same name. Up until I saw the message on my Zap for Android, I had no idea that it was not the same people working on the different versions.

-Dave
243  Bitcoin / Pools / Re: Running a mining pool with Public Pool on Umbrel on: February 10, 2024, 04:03:40 PM
1) Make sure you are on a fast connection.
2) Don't run it on a RPi, it's slow the extra time it takes to think about the block can cause you to loose it.
3) Don't use Wi-Fi, that slowdown while you were steaming Game Of Thrones to your iPad might cost you a block.

With the above being said, it's lottery mining, if you have a real mining farm, mine to a real pool.
For mucking about with an old S9 the odds of you finding a block are so small, that having another issue at the same time is negligible.
If you are running 25 S19 then it's a different story.

-Dave
244  Bitcoin / Bitcoin Discussion / Re: Bitcoin’s, Altcoin’s Private Keys are all Compromised. Second proof. on: February 10, 2024, 03:58:23 PM
And again as I posted in another one of the OP FUD creators posts.
If you google search for any random text and then click on images you get a ton of images. Does not matter what you put in.

It's just the OP scammer click bait posting to get clicks.

Ignore it and move on.

-Dave
245  Bitcoin / Bitcoin Discussion / Re: Bitcoin’s, Altcoin’s Private Keys are all Compromised. Second proof. on: February 09, 2024, 04:49:48 PM
Because if you google any random bunch of text and then click on images you wind up with a bunch of images.
That's just the way it works.

As for Alamy they have the rights to a lot (read billions) of images so some are going to wind up there.

It's a nothingburger.

-Dave

246  Bitcoin / Hardware wallets / Re: New HW wallet announced: COLDCARD Q1 on: February 09, 2024, 01:26:48 PM
Also, makes you wonder if you did order one, and they are claiming they don't retain customer data for that long, how & where did they keep all the info from the orders?
They mentioned in one of their replies "they have to keep it till it ships", but on an older post, they pointed to the automated data blanking happening "120 days after the shipping process has taken place"!

Which was kind of the point I was making when I was too tired to put it properly.
They now have your info for over a year if you were one of the people who ordered early.

Add in another Huh amount of time till it ships and then 120 days it's probably over a year and a 1/2 they are sitting on your info.

Using the 'ship to a PO box' or other location means that you have now had to keep that address for a while instead of going to another shipping location.

-Dave
247  Bitcoin / Hardware wallets / Re: New HW wallet announced: COLDCARD Q1 on: February 09, 2024, 12:06:33 AM
And a year after they started taking pre-orders
https://twitter.com/nvk/status/1755617609905566090

So still no ship date but at least it looks like they are producing something.

Still too little to late with no updates.

Also, makes you wonder if you did order one, and they are claiming they don't retain customer data for that long, how & where did they keep all the info from the orders?

-Dave
248  Bitcoin / Bitcoin Technical Support / Re: roninOS on: February 06, 2024, 05:37:03 PM
With the 4 yes, with the 5 no.
It *should* work exactly the same, just faster, since they are just running their stuff on top of the Pi OS.

BUT, if they made any assumptions in the installer about it being a 4 you may (doubtful but may) run into some issues.
Had that years ago when trying to install some stuff on a RPi4 that was old and had no idea what it was and just did not install. A 1 line patch by the developers fixed it.

-Dave
249  Economy / Exchanges / Re: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20 on: February 06, 2024, 05:29:29 PM
The 5% fee is back to 0.5 or 1% again. Probably because Binance delisting Monero. Monero dropped 17% now. Imagine that, people dumping their privacy coin because they can no longer trade it on a KYC exchange....
That's an action of some real cypherpunks right there.

Probably also a lot of people that keep their coins on exchanges for trading that have no way of moving it to their own wallet since they don't have one....
The just sell it and get out attitude.

More for us at better prices....

-Dave
250  Bitcoin / Bitcoin Discussion / Re: US gov’s planned $118M Bitcoin sale is ‘peanuts’ compared to GBTC on: February 06, 2024, 03:38:07 PM
Well.  Bad timing I guess.  I wish there was a RemindMe bot so I could check out how much the Government has missed on by deciding to sell Bitcoin before yet another presumed historical Bull Run.

Or is there any time limit now that they pushed the notification of the sell?

It's the government, they don't operate like that.
When they have property to dispose of, no matter what it is, it is sold / auctioned on a known schedule. They don't pick and choose the best time to do it.

It's just the way it is, and it's probably for the best. If they wanted to sell at the next BTC bull run or sell property at the next real estate ATH and it didn't happen but instead the prices went down for whatever reason it's going to be worse.

-Dave
251  Bitcoin / Bitcoin Discussion / Re: Updates from the COPA v Craig Wright trial on: February 05, 2024, 05:21:12 PM
You might want to close/lock this and open another thread that's self moderated.

How are you watching this? Are you in the courtroom or is there a place that anyone can watch it online?

How many others are in the courtroom and how big is it? Just more for a reading of how many people care. A packed courtroom gives a different feel then one with just lawyers and a few other people in it.

-Dave
252  Bitcoin / Mining speculation / Re: 2024 Diff thread happy New Years. on: February 05, 2024, 04:30:45 PM
121% is truly a magnificent number. It will kill my mining if we do 20% jumps.  But I can see us going way past 800eh by apr 1 2024.

which I do not think is possible.  But what do I know. Not much

121% in a single epoch is against physics and economics, noway on earth it's going to keep the pace, we will end up with a small increase of 2-3% IMO.

There are probably a bunch of people giving older gear that was off one last run before they sell it after the 1/2ing.
Yes you could probably buy the BTC at a better rate, but if it's there and idle might as well turn it on and get some BTC.

Goes against logic, but I have seen it with my own eyes. There is NO possible way a T17 can make any BTC with $0.06 power but there are a bunch that were on since mid January in the colo that have been off for months.

-Dave
253  Bitcoin / Development & Technical Discussion / Re: Why do 95% of node runners refuse to undate their software? on: February 05, 2024, 03:53:32 PM
The bitcoin node as I have been made aware adds to the decentralization of the network. looking through this article on the backslide of bitcoin node operators in updating their software. This thought sneaked in, why people who  run a software that authorize the order or mode of the bitcoin network are inattentive to upgrading their nodes. In his analysis he stated that it takes 3 years for 95% of bitcoin node operators to update their software. I don't run a node, yet, exploring and checking up on what's like to run a node engrosses me. What could be the distraction? Do they forget?

Zombie nodes a lot of times. People spun them up for project 'X' and then when that project didn't work, or get funding, or whatever, they just left them running.

Although, there are a lot of people here trying to run a node on a RPi or an old PC or a $10 VM, a lot of times it's businesses with 'real' hardware in the background and 1TB of storage and 8GB of ram and a bunch of virtual CPU cores is nothing. So when you contacted me to get that project running and I setup core 20.0 over 3+ years ago in your data center it was the current version. When the project went nowhere it's still there running because nobody wants to bother taking it down since they may need it sooner or later and it costs them nothing to leave it there.

Side note that is how a lot of data breaches happen in general. Just old things sitting there that nobody maintains since it's not their job.

-Dave
254  Bitcoin / Development & Technical Discussion / Re: Starting a Bitcoin Node using a VPS on: February 05, 2024, 03:12:54 PM
Since the cost does not include enough space for a full node how much does it cost to go to 1TB for storage?
It's not much work to do a quick pre-install of BTC and then bill you at a profit for bandwidth overages and storage overages.

Remember, most if not all hosts give you X bandwidth and even if you are doing your initial sync from a local node to your local node and never touching the internet that bandwidth still counts against your monthly total.

While your statement generally is true, it seems Contabo also offer storage-focused option. But with very low price, i would question the reliability and actual performance of such VPS.



It's also worth to mention there are at least 281 reachable full node which use Contabo, according to https://bitnodes.io/nodes/asns/?q=51167. Using less popular datacenter would be somewhat better.
It's quite difficult to find ASNs less populated than that. IPs under the same ASNs doesn't mean that they are under the same datacenters; they can also be among a bunch of different datacenters that are geographically located in different locations.

You're right. But IIRC we can't find better or more accurate data without much more effort.

2 cores of what CPU? 3GB ram is a bit light but doable.
For under $70 a year it's not bad. If there is some sort of price guaranty. Do you want to be moving in 6 months because it's now $9.99 / month?
Have dealt with that a few times over the years.

Also, does that come with a dedicated public IP or are you behind a NAT?
If you are only going to be on TOR for the node it's not a big deal, if you want public access it's a different story.

Yeah, I can go dig around the site but I'm on mobile at the moment.

-Dave
255  Bitcoin / Bitcoin Discussion / Re: way to sign/verify to prove ownership of an address without revealing it? on: February 05, 2024, 02:40:58 PM
So what you are looking to do is:

Text:
Code:
This is DaveF saying this

Signature:
Code:
IGd595fz/NXdZJSV0DDA4grRZAf4kDqBB7fa8LnI7wuIf7Ihu8chopvTsWWXGieVFqysnZ3laZZzAJ0Enw5x8cc=


BUT not tell people what address it's signed with.

So, until there is a NEED to prove you wrote something there is no way to know if it's valid or not.

So in theory 10 years from now I could prove that on 4-Feb-2024 because of the above text and signature I controlled the address bc1qugdlj4sghspzyx5w74xm77mn67auyzc2y6huls

I cannot see another need other than that.

-Dave


Yes that is what I was trying to explain I was trying to do. If the document is public, this allows people to view it, but I can selectively prove the ownership to parties I want to do that with. Sounds like a 2nd hashing is a good way to do this.

The issue is that once you let the proof out, no matter who you reveal it to, it's out there because they can then tell anyone.
The other side is you show them in a way that they can see but not duplicate, BUT and this is a big important BUT, they have to then trust that you are not doing something shady in the background.

If you want to give them the process / address / info to prove it then you are giving them the ability to prove it to the world.

Don't know if that matters for what you are trying to do, but it's something to think about.

-Dave
256  Bitcoin / Bitcoin Discussion / Re: way to sign/verify to prove ownership of an address without revealing it? on: February 04, 2024, 07:37:50 PM
So what you are looking to do is:

Text:
Code:
This is DaveF saying this

Signature:
Code:
IGd595fz/NXdZJSV0DDA4grRZAf4kDqBB7fa8LnI7wuIf7Ihu8chopvTsWWXGieVFqysnZ3laZZzAJ0Enw5x8cc=


BUT not tell people what address it's signed with.

So, until there is a NEED to prove you wrote something there is no way to know if it's valid or not.

So in theory 10 years from now I could prove that on 4-Feb-2024 because of the above text and signature I controlled the address bc1qugdlj4sghspzyx5w74xm77mn67auyzc2y6huls

I cannot see another need other than that.

-Dave
257  Bitcoin / Hardware wallets / Re: How to connect a hardware wallet directly to Bitcoin Core? on: February 04, 2024, 03:17:53 PM
Any hardware wallet that works with PSBT / BIP-174 will work.
But, is it really worth it to just though all the hoops to get it to work.

There are other easier ways to do it. Better ways? Tough call. Easier ways? Yes.

-Dave
258  Economy / Reputation / Re: What happens if someone sells an account on a neighboring forum? on: February 04, 2024, 02:41:10 PM
IMO it's a who cares. What you, or someone pretending to be you, at ANY other forum does not matter.

Here regulates here and there regulates there. Lets assume I setup an account someplace else and I teleport my account there.
And never use it. And then for whatever reason it gets compromised. That account then does bad things.
But...I never used it and I don't care. Why should that matter to me here. If I then go in and remove the proof here that it was me there what does it matter?

Because:

1) The account was compromised and is was not me so who cares.
2) It was not compromised and it WAS me, but you can't prove it.

Either way, it's a there problem not a here problem.

-Dave

259  Bitcoin / Development & Technical Discussion / Re: Starting a Bitcoin Node using a VPS on: February 04, 2024, 01:46:48 PM
Since the cost does not include enough space for a full node how much does it cost to go to 1TB for storage?
It's not much work to do a quick pre-install of BTC and then bill you at a profit for bandwidth overages and storage overages.

Remember, most if not all hosts give you X bandwidth and even if you are doing your initial sync from a local node to your local node and never touching the internet that bandwidth still counts against your monthly total.

If you have the bandwidth at home or wherever, I have been doing these for people:
https://www.amazon.com/dp/B0C7GKG3PZ/ref=syn_sd_onsite_desktop_0?ie=UTF8&pd_rd_plhdr=t&aref=akpWrBFv5f&th=1
take out the 512GB drive that comes with it and put in a 1TB. For under $250 you have a NEW machine that does not pull too much power that can more then then run a node + electrum server and a LN server if you want.

-Dave
260  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Community is a Sybil Attack On Bitcoin on: February 04, 2024, 01:37:16 PM
for those that dont know traincarwreck. ill translate

nashy nash, nash, Nash!...Nash?

Odd, I got blah, blah, blah, blah, blah when I ran it though my translator.

What's funny is that it's posted on github so you can open issues on it, but I don't want to use my main git account and am too lazy to crate another one just to do it.

Either way, does not matter, it's just junk.

-Dave

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