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1861  Bitcoin / Bitcoin Discussion / Re: Vanity address scam rising on: March 04, 2021, 02:36:20 PM
So is it profitable for hackers and how much easy it is generate such vanity address?
Not even hard. 1Musk has a difficulty of 4553521 on vanitysearch. I've generated about 11 in the span of 3 seconds. In addition, 1ELonMusk takes roughly a day or two on my single 1080TI.
And its cannot be done by a single individual because it's require much processing power and other things.So what are your thoughts on this?
It can definitely be done by an indivdiual. Processing power has gotten so much faster, that wiki is obviously outdated.


I'm not really sure how people think Elon Musk needs donation. Probably the same way as a Nigerian Prince scam.
1862  Bitcoin / Bitcoin Discussion / Re: How will Quantum computing affect Bitcoin? on: March 04, 2021, 02:21:23 PM
Are QCs the fastest tech they have right now tho? I really think there's even better tech laying around in some underground base they're experimenting with. By the time usual customers will get to own a QC, they will already be many steps ahead with the technology. I don't think they would ever let QCs be a thing until they will already have something better ready under the glove.
Well, you wouldn't ever know until it happens. It's safe to assume QC is the biggest threat to cryptography, anything else would be a speculation at this point. QCs, together with Shor algorithm will probably be the one that can feasibly factorize large integers.
If cryptography is compromised, then I think it's safe to say the entire network potentially is as well. I'm no expert though so feel free to prove me wrong. But then again, there will be ways to fight against this. Like any other type of tech, there will be ways to counter its attacks.
It is. Until we figure out a way to secure the millions of Bitcoins that are associated with the exposed public keys. I'll leave the feasibility and its cost aside, it isn't the main point of the topic.
1863  Other / Beginners & Help / Re: What are full nodes on: March 04, 2021, 01:35:21 PM
Full nodes can help to increase your privacy if you broadcast your transaction from your node and does not reveal your real IP address to other nodes.
Nodes can still see your IP address. They just cannot ascertain if the transaction that you have broadcasted to them belongs to you or if you're merely someone who received and relay the transaction. As to why it provides more privacy than traditional SPV client, they don't send any addresses (bloom filter or not) to other nodes. It does not mean that it will enhance your privacy; it will depend on your spending habits. SPV clients like Wasabi will provide more all-around privacy.
Read-only access to the blockchain? What does the meaning?
I'm inclined to think that they're implying that you will be able to see the blocks but you won't be able to modify anything within that which would affect any other nodes as you won't have sufficient POW to build a new block, etc.
Full nodes require big disk space and your computer will not work normally if you run a full node and work with your usual tasks. Your computer will become very slow.
You need more than 320 GB to run a full node.
Not true. Bitcoin Core uses fairly low resources (in terms of CPU). I'm able to run my full node while gaming or video encoding as well. It really doesn't use that much resources after the initial block download, receiving and validating new blocks would at most result in a small spike in CPU usage.
1864  Bitcoin / Bitcoin Discussion / Re: How will Quantum computing affect Bitcoin? on: March 04, 2021, 12:41:24 PM
One particular way I'm afraid this could affect cryptocurrency is when privacy features come in. For example, if Bitcoin gets MW and QCs will be used against BTC, can't it basically be used to generate all possible seeds and not only link current addresses to each other (since coin control is no privacy enhancer anymore as soon as they have your seed) but also see where the money has come from (or been sent to)?
I actually haven't thought of this at all and I was more fixated on how it would just exploit public key cryptography. I don't think QCs will be able to speed up the generation of seeds (or addresses), that significantly. After all, address generation involves both SHA256 as well as RIPEMD-160 while HMAC-SHA512 is used for BIP32 seeds to master private keys. While they should provide a speedup through Grover's algorithm, I doubt it would be fast enough to exhaust the key space. But of course, the xpub will be vulnerable to quantum computers the same way as how exposed public keys are.
1865  Bitcoin / Development & Technical Discussion / Re: About GetMyExternalIP on v0.1 on: March 04, 2021, 11:44:27 AM
The IP address appears to belong to whatismyip.com in the past and the code just sends a request to them to get the external IP of which the request is coming from. Seems like its just used to determine the external IP of the node? IRC was used initially for them to find peers, AFAIK.
1866  Bitcoin / Bitcoin Technical Support / Re: All assets from Bitcoin Core wallet stolen on: March 04, 2021, 10:18:31 AM
Thank you for your response. I cannot see that PC would be infected (using AVAST, Microsoft Defender/Firewall with weekly scheduled scanning for viruses and malware). How could someone got knowledge about private keys?
Antiviruses are not impenetrable. It's entirely possible that it was a well designed malware. Did anyone else have physical access to your computer besides you?
Was the reason that Core node (and wallet) had to be open for several weeks for it to be synchronized?
Yes.

As the linked mining address cannot be changed for already pending mining assets, I can only hope to be quicker and to withdraw the mining deposit as soon as it comes to another address? Can I still use the same Core version to make new address (in order to make deposit/withdrawal from compromised to a new one) or is it better to download new version?
You should backup important files and wipe your computer first. You can install Bitcoin Core again to import the compromised wallet.dat for the sole purpose of withdrawing the funds that has yet to be sent. If the attackers are any smarter, they probably would be faster than you and use a script to monitor the addresses.
1867  Bitcoin / Bitcoin Discussion / Re: How will Quantum computing affect Bitcoin? on: March 04, 2021, 09:21:01 AM
But from what I've read (since there are plenty of threads here on this topic!) Bitcoin is pretty much safe from quantum computing and the only weakness (albeit theoretical) may be in the address reuse. (If I understood right). However, there are a lot of things in this world protected by cryptography, same or weaker than Bitcoin's, if this is hacked the problems will be .. generalized.
As well as transactions that were in P2PK, which means most of the coins mined in the early days are vulnerable. It is not difficult to solve this issue for the transactions in the future but those with exposed public keys will inevitably be vulnerable still.

Important note: Most of the encryptions that you're using nowadays will be broken in tandem. Whether Bitcoin is a suitable target, it's too early to tell.
1868  Bitcoin / Wallet software / Re: What is the story of old addresses not safe and the need for new addresses? on: March 04, 2021, 05:57:07 AM
When people tell you old addresses/wallets are not good/safe, they are probably talking about the old ECDSA weak-randomness vulnerability which would put your funds at a huge risk if you spend twice from the same address, that was fixed using DSA in 2013, so unless you come from that era, you shouldn't worry about this particular case.
Are you talking about the reused r values in the signature? That was fixed by wallets adopting deterministic signature generation which results in the r values being unique for each signature, aka. RFC 6979. If it's not, could you point me to some information regarding this?
1869  Bitcoin / Bitcoin Technical Support / Re: Way to understanding that transaction has been canceled in Bitcoin Core on: March 04, 2021, 05:20:58 AM
He's currently offline, but I believe the command with that result is getmempoolinfo.
Correct. If you want a quick reference, here's the data from my node: http://163.172.57.208/getmempoolinfo.txt.
1870  Bitcoin / Bitcoin Technical Support / Re: Way to understanding that transaction has been canceled in Bitcoin Core on: March 04, 2021, 03:42:48 AM
thanks a lot, funds was back to the wallet. So now it is necessary to create a new transaction with the same inputs of the failed transaction, I think right?
Correct. My node's minfee sets it at roughly 5sat/vbyte.
Code:
{
  "loaded": true,
  "size": 53578,
  "bytes": 78121044,
  "usage": 280737632,
  "maxmempool": 300000000,
  "mempoolminfee": 0.00005346,
  "minrelaytxfee": 0.00001000,
  "unbroadcastcount": 0
}

You'll probably have to create a new transaction spending at least 5sat/vbyte for it to be relayed by the nodes.
1871  Bitcoin / Bitcoin Discussion / Re: The first response to satoshi's Bitcoin whitepaper on: March 04, 2021, 03:26:10 AM
There are lots of proposed solutions, lots of hardfork made to increase size yet many still uses bitcoin (1mb), now we used segwit to reduce much more transaction data (separate signatures in transaction data)
Segwit doesn't reduce transaction data, the segwit transactions could actually still be bigger than legacy transactions under some circumstances. Segwit is essentially just a block size increase.

It was quite obvious from the onstart that Bitcoin wasn't going to scale, bandwidth-wise. There wasn't any block limits initially until quite a bit after it was released. Bandwidth was a far greater concern then and it was obvious that it wasn't going to scale at that time. Lightning network is not the panacea to the problem. You still have to make on-chain transactions to open and close channels. Perhaps it could alleviate the problem but onchain capacity will remain an issue.
1872  Bitcoin / Bitcoin Technical Support / Re: Hard drive full midway thru blockchain download on: March 04, 2021, 03:11:31 AM
Really? I'm running blockchain on external drive since 2013 and there was no problem so far.  When my old HDD was out of capacity I just replaced it with the  faster and bigger SSD     preliminary coping all files to that new drive.   Either I'm a lucky man or you’re exaggerating the danger a little bit.
Disconnecting it suddenly would be akin to an unclean shutdown which can cause database corruption. It'll be fine unless the disconnection happens while Bitcoin Core is writing data into the disk.
1873  Bitcoin / Development & Technical Discussion / Re: Brute-forcing Bitcoin private keys on: March 04, 2021, 03:01:58 AM
I'd argue that people should not be using PRNGs seeded with cryptographically secure entropy to make private keys especially on browsers in particular (which is the only method they have, they got no CSRNGs) because you're relying on the webpage to supply a good-enough entropy. Mouse and keyboard input that's made during (not before) entropy gathering can also be tracked within the browser and webpage itself so all it takes is a malicious addon that tracks such movement and they can re-derive the entropy. When a PRNG is used this also allows them to make the private key too.
The script itself is secure enough and provides sufficient randomness from any bruteforcing attack and that is the main point of the topic. I think we have to eliminate any malicious party that could intentionally modify the entropy sources to make it less random... Running a phishing site with a pre-defined seed is sufficient for this. Malicious add-ons and stuff like that shouldn't matter because the webpage isn't designed to run on a compromised computer.

As for the randomness, I've done a quick pass over their entropy collection[1]. I think the way the entropy is generated is sufficiently random, barring any possible interference externally.

[1] https://github.com/pointbiz/bitaddress.org/blob/72aefc03e0d150c52780294927d95262b711f602/src/securerandom.js
1874  Bitcoin / Electrum / Re: Should I Upgrade? on: March 03, 2021, 03:00:02 PM
If you want to upgrade to 4.0.1 and above, then you'll have to upgrade both instances. The raw transaction is no longer backwards compatible after they changed the format. [1]

[1] https://github.com/spesmilo/electrum/blob/ae15bccb8192532afc4908b43f68797cd6239fd6/RELEASE-NOTES#L123
1875  Bitcoin / Bitcoin Technical Support / Re: Hard drive full midway thru blockchain download on: March 03, 2021, 12:17:46 PM
Shut down Bitcoin Core then move the entire data directory elsewhere.

Afterwards, run Bitcoin with -choosedatadir and select the folder which contains all the contents that you've moved. You'll have to either run it with command prompt, ie:
Code:
cd c:/program files/Bitcoin
bitcoin-qt.exe -choosedatadir
.

Or create a shortcut of Bitcoin Core, right click on it to properties and append -choosedatadir at the end of the target.
1876  Bitcoin / Bitcoin Discussion / Re: Have an old laptop I purchased used in 2011 on: March 03, 2021, 05:28:23 AM
It doesn't hurt to try to run something like Recuva to see if there are any files that aren't fully overwritten. I would probably prefer it to be mounted externally so nothing gets written on it any further. I have doubts that you'll get anything. Chances are it'll be overwritten if it has been formatted and used.

Pywallet will work as well.
1877  Bitcoin / Bitcoin Discussion / Re: Lowering the electricity bill by mining cryptocurrency on: March 03, 2021, 03:15:34 AM
The heat pump's heater has to work to heat incoming air up to the thermostat setting, say 25 deg before it automatically cuts off The incoming cold air can be near zero deg. If you preheat it using GPU heat, it will save the pump's heater some initial work from zero to say 6-7 deg celsius. This happens all the time in Thermal power plants where waste gases from furnace are redirected to a Air Preheater for raising temperature of air going into the furnace.
So I assume that somehow the GPU is more efficient than the heater at lower temperatures? If that is somehow the case, then it'll make more sense. The heater must be pretty bad given such a huge disparity can be offset by another supposedly less efficient device.

To OP, This is not really a good example for off-setting Electricity consumption of Bitcoin Mining anyway. Most Bitcoin miners are huge farms and not really home-installed GPU rigs. Those are generally mining Ethereum. I doubt that the huge farms do anything with their heat output except vent it out using industrial fans and radiators.
I'm 100% certain the miner isn't mining Bitcoin. I've seen quite a few of them mining using old Antminers though.
1878  Bitcoin / Bitcoin Discussion / Re: Cambridge Bitcoin Electricity Consumption Index - The impact of BTC in the World on: March 03, 2021, 03:07:32 AM
Not sure how the comparison makes sense at all. If anything you wouldn't take the energy used to mine that amount of Bitcoins but you would take the energy that is used to mine the block that the specific transaction is included in. The Bitcoins are mined regardless and the carbon footprint is distributed on those who happens to use those UTXOs so it makes little sense to count the energy used to mine it. Tesla is a tech company that ventures into EV but their primary concern is not to tackle climate change; else they would stop producing luxury cars and instead focus on vehicles which can accommodate much more people/sqft. Doesn't help that some countries are using non-renewable sources which would just exacerbate the problem as they're thinking it's good for the environment but it is not in actuality.

Not really that big of an issue. Bitcoin mining is most profitable if the miners are able to siphon off the excess energy that energy companies produces. It's no secret that most of them are situated near power plants which produces clean energy so the environmental impact is probably blown out of proportion.
1879  Bitcoin / Bitcoin Discussion / Re: Lowering the electricity bill by mining cryptocurrency on: March 03, 2021, 02:48:57 AM
How would preheating the air to a heat pump reduce the electricity bills? GPUs are not very efficient at energy output as they are primarily designed for other purposes and a significant amount of energy are not wasted as heat. I don't doubt the mining profits covering parts of his bills but I can't seem to wrap my head around that point.

Anyhow, yeah nothing new. I've seen a few members using it for solomining during winter and someone rigging a huge radiator for it.
1880  Bitcoin / Bitcoin Discussion / Re: Bitcoin Mining – Made in China on: March 02, 2021, 04:31:23 PM
Miners will always flock to places with lower operation cost to maximize their profit margin. There is really no telling as to which country will dominate Bitcoin mining in the future. If certain countries subsidize it for some reason, then people would just flock there.

Honestly, China probably wouldn't bother about Bitcoin mining. Bitcoin is already restrictive enough in the country. Trying to drive out the miners would result them losing potential revenue in multiple levels, from the profits to the capital gains and to the ASIC producers. The benefit of the operations outweigh the cons by far. If China wants to launch their own coin, they wouldn't have any problems with adoption within the country and the western countries wouldn't even think about using it. Trying to drive out the miners to weaken Bitcoin doesn't do anything beneficial for them.

Anyhow, centralization is probably a problem but not anywhere near the more pressing ones that we currently have.
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