Thank you all especially you. Any recommendations for open source wallet that can be used in an offline device? Let's say I want to use usdt in trc20.

I am working on buying a ledger device but before I do that I am trying to understand as best I can about the pros and cons for it.

If I lose my device or the device become demanded for some reasons then I can easily use the 24 word seed on Electrum (in an airgapped device, computer) and restore the BTC wallet securely. But I see no article around on how to restore non BTC coins.

For example if I have usdt in Tron network. How would I restore the Tron wallet securely using the 24 hour seed phrases?

Thanks for your answer in advance.

First of all, the more I am learning about the technology, the idea; the more I am becoming interested in it. I already have some coins in my bag. I didn't mind buying them even when they were $61K plus. I am believing in the idea and being a part of it. I still believe that I will have mining farm one day. Right now it seems a lot to learn and do for me.

When we are generating a wallet we have seed. The addresses generated against the set of the seed obviously is following a complex algorithm or we would see one address could easily found with another set of seed. I have no idea how the algorithm works and how hard it is. But this is pretty sure that the current computing system we have is not able to decode the algorithm very easily, possiblity is nearly zero. However, what about the future?

Computer industry is working on quantum computing in fact, in the next 10 to 15 years we may see perhaps thousands even millions times faster computing than the current computing system we have. With a faster computing system the current algorithm could be compromised very easily.

I am sure the developers are aware about this, I am surely not the first one who is thinking about it. I would like to know how we are progressing to face this upcoming advanced speed.

Does it mean the small firms even solo miners will have advantage if the big firms shuts down for any reason? Bitcoin will be more decentralised. We may have a good panic in the market if something like this really happens but eventually things will get settled.

Please correct me if I am wrong and please do not delete my post because I am genuinely interested to know if I am making sense.

Thanks

Nice to meet you Mr. OgNasty. Hopefully the next 10 years will be as exciting as it was for the first 10 years. 🥳💪

This is an awareness topic against the said nft. The op is not asking for any advice or such kind of things. I think giving him advice is obviously off topic. Just my two cents.

44 - miningsetup

Interesting!

I have been visiting the forum since a while. I like reading things that I need to help learning about bitcoin technology, tips and tricks but I am so anonyed to see everywhere users are fake, not all so please excuse me if you are not in that category.

Fake I mean when they are in a conversation they do not even read what the other person wrote just before them, they don't see what others are posting. They visit a topic then make their own posts, ask questions which are already there or they just elaborate someone else's post. Most of these people do not even add any value to their posts.

I noticed even hero, legendary members are doing this same.

It's annoying to see a topic about someone who is only few weeks inactive, it's annoying to see Elon musk related topics, it's annoying to see Roger var doing this and that and topics about it, it's annoying to see I have ranked up and now I am writing because you need inspiration, it's annoying to see bitcoin is dumping and more than 10 topics about it.

Few users are like this:
I have no idea about <subject of the topic> but I can tell you about <a made up subject that they just thought of>. I was < add 100 to 150 words explaining the subject he is comfortable to talk about>

After looking at their history you will realize that they are doing it from years. No real value provided in these long years. Just posting it like a bot everyday following a routine.

Is it really necessary?

So as long as my short URL will not have milicious ads I will be fine to use it even if this is a referral link?

Question remains to check if the URL has malicious ads, someone has to click it and that will infect their device. Isn't it risky for the member who will report it? I assume they will report it after checking the URL.

It's also risky for moderators if they do not verify the reported post by visiting the URL before deleting the post.

Thank you very much. It's been a pleasure knowing the little details. I was able to create a airgapped wallet and it wouldn't be possible with the information you provided.

Response to Pmalek

If my wallet is offline then how am I going to sign and broadcast the a transaction? You said my device should not have an internet connection.

Thank you for the idea of danger proof. I am looking for a way of how I go for DIY because I should not trust a machanic to draw the words for me.

What is airgapped here? I have few laptops that I use for work.

How do I use a seperate address?

What could be a danger proof material?

Which hardware wallet is most used to the people on this platform?

Only an old school can live without Facebook these days. Facebook ruined the childhood, youth of this generation. It will continue ruining generation after generation. Sad to say that all benefits only one guy and his team. We all gave him our data and he can do whatever he wants with the data.

RIP privacy, these days everyone wants to be viral.

I don't have discord so a little helpless. But guys I am making progress and slowly learning many things about bitcoin.

I have setup my first wallet yesterday. It's not an online wallet but a desktop software called Electrum. What is the best way to store my seed. I read to write it down to a paper which I did successfully. Is there any suggestions for me to make my wallet very secure?

Thank you. I was disconnected from the platform because of losing my interest from the hassle of asking questions on the boards I was not familiar.

I am still working on learning the things I need to have my first miner and also I am thinking to spend time on this forum too. It's clear that there are two sides of users. Some are very flexible to pass information and some are too strick that even they don't allow questions that someone needs to ask 😁

SFR10, I am puzzled. It's really a lot of information to catch up.

So I ask frodocooper to guide me with my questions? To do that how do I find him.

I do not know the policy of deleting a post. I am genuinely interest to setup a mining rig and I need information. How do I continue the following post and continue the conversation?