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2701  Bitcoin / Bitcoin Technical Support / Re: Dust outputs preventing transaction on: December 06, 2020, 10:50:06 AM
AFAIK, Electrum automatically eliminates dust outputs from change by spending it as fees.

I suspect that you've gotten your units of Bitcoins wrong. Are you sure you're using BTC and not mBTC? Many newbies were confused by the UI and tends to treat the mBTC as BTC, thus resulting in them trying to spend 0.0001mBTC, etc.
2702  Bitcoin / Development & Technical Discussion / Re: Will there ever be any monetary incentives to run a full node? on: December 06, 2020, 09:22:38 AM
There is also the problem with number of confirmation, during the same time a SPV client has to wait for much larger number of confirmation (100+) whereas the full node doesn't.
I think 100+ is an exaggeration, wasn't it close to 30 or so? Even so, the problem will persist for any client that doesn't know the new rules and will still blindly follow the other chain which still follows the older network rules. So the problem wasn't specific to full nodes.

However, my POV is that given that SPV only validates block headers, it still can't be as secure as fully validating nodes and operates under the presumption that the SPV client will not get sybil attacked and the longest difficulty-wise POW chain is valid. I'm not sure how that could be disputed.

But I would like to consider @aliashraf POV as well, have you had a discussion on this on the forum or could you point me to the relevant sources?
2703  Bitcoin / Development & Technical Discussion / Re: setting up full bitcoin node on: December 06, 2020, 03:11:42 AM
Why 1TB though, I wonder? Like, isn't the current blockchain size around (or less than) 350GB? Is that just to avoid spending yet another sum of money on more storage on the long run?
Somewhere around there. I don't believe that there would be a huge price difference between getting a 500GB disk and a 1TB disk drive, at least that's what I found recently.

You'll still have to accommodate for the OS and other miscellaneous stuff as well. If you're looking to get it for the long run, I'll think the tiny bit of price difference would be worth it for the possible headaches in the future.
2704  Bitcoin / Bitcoin Discussion / Re: has bitcoin achieved its goal? on: December 06, 2020, 03:03:35 AM
I don't think there is any pre-defined goal for Bitcoin, nor there is any one that is able to set goals for Bitcoin. Depends on how you view it, the very invention of Bitcoin fulfilled Satoshi's goal to make a currency that's trustless and decentralised. I don't think he ever envisioned Bitcoin to become this successful and thought of it as a way to make micro transactions.

IMO, the very end (and ideal) goal of Bitcoin is for it to achieve widespread adoption. Until we are ready to ditch fiat and go for Bitcoin, that won't happen any time soon.
2705  Bitcoin / Development & Technical Discussion / Re: setting up full bitcoin node on: December 05, 2020, 05:17:26 PM
What is your purpose of running a full node? For your personal transactions or to help the network?

Running a pruned node allows you to save the storage space while still preserving the same level of security that you'll enjoy from a node that synchronizes fully.

125GB is far from enough for you to synchronize the blockchain fully and you'll have to prune it. The downside of that is that you can't swap the wallet files out as and when you like. You'll have to resynchronize the entire blockchain if you want to do so. Pruned nodes are perceived to be less useful than actual full nodes due to the fact that it can only serve a limited amount of information. You'll want to get a disk of at least 1TB if you want to run a node without pruning. Pruning will discard the unnecessary files that you won't need if you don't care about the things mentioned.

As for the OS, I don't find much of a difference between them. If you want to focus on privacy, Linux is the way to go. If you want better value, you shouldn't choose Apple. IMO, it's up to your personal preference and what you'd like to get.
2706  Bitcoin / Wallet software / Re: Paper wallets question on: December 05, 2020, 03:20:49 PM
 Change either goes back to the original address (bad practice for privacy) or to some other wallet generated change address  And what would that be? Thats what I meant by oblivion. If its not going to the original public key, then where is it going? Thanks again man..this is enlightening
It shouldn't go to another address. What Dave meant was for the change to be sent to an address that is generated from the seed MyCelium has generated for you. I haven't used a paper wallet in quite a while so I'm not sure if that happens.

I honestly don't think MyCelium would be incompetent enough to make such a mistake. Could you send the transaction ID so we can see what's happening. I think it's unsettling to know that it doesn't sweep the paper wallet completely.
2707  Bitcoin / Wallet software / Re: Paper wallets question on: December 05, 2020, 03:09:09 PM
So how much miner's fee did you pay? Do you have the relevant TXID? Did you specify any amounts to send? Could provide some clues as to why this is happening.

I haven't seen MyCelium's source code for quite a while, I don't like mobile wallets in general and find them pretty poorly maintained actually.
2708  Other / Meta / Re: Spam attack. Please nuke them. on: December 05, 2020, 02:37:40 PM
Is there any other way ? I know the mods are working real hard at the moment , but long term is there any other solution?
There's an auto mod that automatically nukes the user, CMIIW. I'm not sure why it isn't working now. Some of the bots actually masks the spam by copying other posts and inserting their spam in the middle, will be harder to counter in that case.
2709  Economy / Economics / Re: What inflation lol?? on: December 05, 2020, 02:35:57 PM
If your country doesn't have a steady inflation, then it won't be good. Inflation stimulates consumption by the consumers by making goods more expensive in the future. A steady inflation is also indicative of a steady economic growth as the aggregate supply and demand can be kept at the intermediate range which ensures a healthy utilisation of the resources. Hyperinflation (like Zimbabwe) or deflation (in the case of Japan some time ago).

I really don't think you understand what inflation is, at all. Do your basic research.
2710  Other / Meta / Re: Spam attack. Please nuke them. on: December 05, 2020, 01:40:44 PM
There was a huge influx of spam recently but not uncommon. Just use the report to moderator button to report it. It'll get removed soon when one of them reviews it.
2711  Bitcoin / Hardware wallets / Re: How to significantly decrease the randomness of your newly generated seed phrase on: December 05, 2020, 12:54:01 PM
In general, does it enter into the calculation of the expected value[1]? We have a specific iteration of an experiment that has a limited range of options (1 to 6).

If all the dice are rolled once, then repeating it several times may result in lower quality random private keys.

[1] How To Calculate Expected Value (Worked Examples)
What does expected value has to do with the generation of entropy though? Each of the dice has an equal chance of landing on each of the face. The expected value shouldn't matter since you're not calculating the average value of the dice nor anything similar.

Each of the unbiased dice roll will provide a certain and fixed amount of entropy because it is truly random. For example, if the 5th value is 6 in the first set of 100 and the 5th value is 5 in the second set, the resultant seed will be different. For someone to crack this, they'll have to land the dices at exactly the same value for 100 consecutive times, with the same permutation. This would be a pretty near impossible feat, giving the user a 256bit of entropy.
2712  Bitcoin / Hardware wallets / Re: How to significantly decrease the randomness of your newly generated seed phrase on: December 05, 2020, 12:25:14 PM
Sounds cool. but honestly i would rather use CSPRNG library or /dev/urandom from my terminal

Code:
cat /dev/urandom | xxd -l 16 -p
Actually, has there been a successful attempt to intentionally sabotage the RNG within an OS during a key generation?


I think using dice rolls to generate entropy is not that bad of an idea. Especially when the point of it is to ensure that ColdCard isn't tampering with the seeds. Given that the key pad only has space for numerical characters, using dice rolls to generate entropy for a ColdCard wallet is probably the only way for the user to be sure that the RNG of the ColdCard isn't compromised.
2713  Bitcoin / Bitcoin Discussion / Re: New Chinese Quantum Computer breakthrough - should we be concerned? on: December 05, 2020, 08:32:01 AM
It might not be able to do it for now but trust me, quantum computer do cryptography.
I literally never said quantum computers can't ever attack asymmetric cryptography. I merely stated that its not feasible to attack  cryptography using what we have now.
You are being ignorant about the speed of each qubit. It can attack blockchain unfortunately,
Okay. Call me ignorant all you want. What you need for a quantum computer to do to specifically attack asymmetric cryptography is to be good at factoring. As of now, I haven't seen any of them that are efficient enough to crack keys. D-Wave designed quantum computers with a high qubit using quantum annealing but that isn't suitable to be used with Shor's algorithm because you'll need fast factoring. There, you have discovered a computer with a high qubit but isn't effective when used against asymmetrical cryptography.

With that respect, it's like comparing to having a sports car on earth and a sports car in space. The latter is absolutely useless without traction.

As with China's new discovery, I won't read too much into it because they only presented a proof of concept which may or may not work. It could very well just be an exaggeration of what we have as of now.

if it can't do that algorithm, the operator can just create that algorithm and make it compatible with the quantum computer.
Can you read up on what Shor's algorithm is first? You can't simply defy the laws of physics by "inventing a new algorithm". I believe Grover's algorithm is what you're looking for with cracking symmetric cryptography but that is very easy to counter as well and is likely to be ineffective against Bitcoin or similar implementations.


I sincerely hope that you didn't just quote my post without any evidence. I would love to see some study done on the effectiveness of using quantum computers that utilises quantum annealing to attack ECDSA or similar cryptography.
2714  Bitcoin / Bitcoin Discussion / Re: Bitcoin.com and its verify message for bitcoin. Is it trusted? on: December 05, 2020, 07:03:02 AM
If they are honestly and seriously with their project, they would move to a domain as bitcoincash.com.
They disagreed with what Bitcoin did in the past. Why would they move their site off the domain? They ain't stupid.
I only found they have a tool to verify bitcoin message. Should I use their tool to verify bitcoin message? Are they set up any traps on their site and with that tool?
I think common sense tells you if you don't trust a site, you shouldn't use the site. There are plenty of different sites to validate your signed message. Coinb.in for example, which is well designed. You can't tell if a site is trustable because your browser is get the data from the server and the information can change at any point in time.

I would recommend you to just use your wallet's utility tool or download the coinb.in's github version.

I'm pretty sure the utility itself says Enter Bitcoin Cash or Bitcoin address.
2715  Bitcoin / Bitcoin Discussion / Re: Government don't accept Bitcoin. on: December 05, 2020, 06:54:05 AM
You can't explain. Just don't get caught. If your country deems Bitcoin to be illegal and you still use it, you're doing it at your own peril and no amount of explanation is going to convince them that they shouldn't prosecute you for using Bitcoin.

I, for one would immediately set up a Tor browser and route all my traffic through it. At the very least, they cannot link the stuff that I do with Bitcoin to my real life identity. Concealing your identity would be the top priority and you would probably be better off trying out decentralised and P2P exchanges.

I don't think banning Bitcoin is effective nor reasonable. But as always, do things at your own risks; there's always a chance that you'll be caught.
2716  Bitcoin / Bitcoin Discussion / Re: New Chinese Quantum Computer breakthrough - should we be concerned? on: December 05, 2020, 06:50:32 AM
D-Wave has made a quantum computer with 5000 qubits. Can it be used to crack symmetrical cryptography? No, it can't use Shor's algorithm as intended and it isn't really a true quantum computer.

If they have really achieved such a quantum computer, I can guarantee you personally that they won't bother to attack any blockchain technology. TLS and web encryption are the treasure trove to them. Getting a bunch of Bitcoins from old addresses with exposed public key is NOT worth their time at all, believe or not.

Anyways, you can always implement quantum resistant algorithm and it is not too hard to fork it.
2717  Economy / Goods / Re: Selling ASUS TUF Gaming NVIDIA GeForce RTX 3080 OC Edition on: December 05, 2020, 05:10:42 AM
You mean besides the fact that nobody writes numbers like that?
I've never seen someone who writes the letters that looks EXACTLY the same and looking like some kind of font at the same time. Must have some real steady hands amirite?

And of course, I would love to see a picture that doesn't include a photoshopped post it.
2718  Bitcoin / Bitcoin Discussion / Re: Most Efficient Way To Run A Full Node? on: December 05, 2020, 04:22:50 AM
You're right in diversifying the distribution of the Bitcoin network but being a validator, we also need to avoid a burning hole in our pockets, right? Getting $5000 credit account for mere $300 is something very economical for any validator. Now just check the cost of other cloud hosting providers for this specs: v4 CPU, 16 GB RAM and 1 TB SSD. That's all I wanted to say!

People don't give a shit when it comes to helping Bitcoin network to become strong and secure as long as they are getting profits!
How about running it at home? It'll surely be way more economical that way.

If you're talking about helping the network, I don't think there really is that big of a need for you to run a node if you're just going to run it on the IP range as the others. After all, the benefits that others can reap from a node which is running at the same location is significantly lower. You don't really get profits from running a node at all though so you'll have to consider that as well.

However, if you're doing some data analytics like me, I could understand your need for a cloud instance that could support additional tasks other than running a node.
2719  Bitcoin / Bitcoin Discussion / Re: New troll narrative, "Running a full node will make you a criminal" on: December 04, 2020, 03:39:45 PM
By the way, if a Node is global, I would probably stick to rejecting immoral (rather illegal) transactions to stay safe and without breaking the law of the country I'm running the node in (would be easier to defend this behavior in any country).   Atleast, the country will likely be the one breaking our good network rules by sending unacceptable/immoral transactions through the network.
I think a cryptocurrency network should be moving towards multi-blockchains/sidechains custom Nodes to allow users, nations, companies, etc to filter out transactions/blockchain/nodes they find unacceptable without much problems.
Censorship has no place in decentralised cryptocurrencies. You're moving towards PayPal and other fiat payment methods if you would prefer something like that.

I'm not sure about your country but I don't think there's any case to be made when you're running a node and a (presumably) illegal transaction is relayed through your node. They cannot prove with any certainty that you made the transaction. Your full node acts as an intermediary and does not process the transaction in any way. You have to accept the transaction eventually when it gets to a block. But what do I know? I'm not familiar with how the law is in the various jurisdiction.

Transaction filtering is probably one of the last thing that people want in a decentralised currency.



I think it's not very nice for people who aren't familiar with cryptos to make sweeping statements like this. It makes them look dumb, just see the Bitcoin YouTube videos from 2013s.
2720  Bitcoin / Electrum / Re: Need Information about Electrum on: December 04, 2020, 01:50:46 PM
USBs can malfunction as ranochigo mentioned, but most of us have several of them around. In case one fails to perform, you can always use another one.      
No no. Bad USB as in the exploit. The firmware can be modified to execute malicious codes when the USB is connected to the computer. While the attack vector is significantly reduced when the computer is already isolated in the first place, I still regard that it would pose some degree of risks (albeit fairly minor). But yeah, don't think having a spoilt flash drive would affect anything.
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