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May 21, 2024, 12:57:14 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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2861  Bitcoin / Bitcoin Discussion / Re: 25k new Bitcoin addresses in 1 hour on: November 19, 2020, 01:56:19 PM
No. Most people have way more than just "a few" Bitcoin addresses, they are only considered "generated" when they have funds being sent to them which is not a valid metric by any means; most people use change addresses which are also newly generated. It's nothing indicative of the adoption rate.
2862  Bitcoin / Bitcoin Technical Support / Re: Using an old version of Bitcoin Core on: November 18, 2020, 03:12:37 PM
Not really, there hasn't been any serious vulnerabilities affecting Bitcoin nor any hard forks recently.

I would still urge you to upgrade though, there really isn't many good reasons for using such an old version especially given the various performance enhancement and bug fix that happened through the 2 years after that version was released.
2863  Bitcoin / Bitcoin Technical Support / Re: Is this possible, Satoshi's wallet.dat? on: November 18, 2020, 12:17:46 PM
Wallet.dat can be modified to display anything you want. The wallet.dat doesn't contain Satoshi's address and it was merely modified to show the address and its transactions. Any wallet.dat you see floating around is likely one that's modified and it's done for scammers to sell them and trick them into thinking the wallet.dat is authentic.
2864  Bitcoin / Development & Technical Discussion / Re: Will there ever be any monetary incentives to run a full node? on: November 18, 2020, 12:02:37 PM
No. Full nodes shouldn't be compensated. Unlike POW for the miners, there isn't any trustless way to validate if a full node is contributing (nor any suitable metric to gauge) to the network. Whilst it does help to decentralise the network more, it doesn't offer much more tangible benefits which warrants a compensation.

I don't foresee having a declining node count to be THAT big of a problem given that many volunteer's like me are running full nodes at home still with our old HDD and a Raspberry Pi. The overheads are a lot lower than what others perceive.
2865  Bitcoin / Bitcoin Technical Support / Re: Trouble with Synchro Bitcoin Core - Pruning mode ? on: November 18, 2020, 10:30:29 AM
could you detail how to activate the prune mode please ?
I've specified it in my post actually. Go to Settings>Options at the top and you should see the options to change the config. You can access bitcoin.conf through there too and know which configs are active.
Basically I'd just need to transfer the bitcoin folder which is currently in Application support to an external harddrive ? Then I can delete the one in my desktop without any risk ?
Always backup your wallet.dat first. After moving your data directory, you have to modify the config file to specify the new path of the data directory to follow. Or else, the client will simply make a new data directory in the original place and start synchronizing again.

Thank you, got it !! there is actually nothing written in bitcoin.conf >.<

How can I specify the new path of the data directory ?
Hmm I haven't resync on Windows for quite a bit but IIRC, removing the data directory should result in the client asking you to specify one during startup. Try renaming the %appdata%/Bitcoin to something else and start Bitcoin Core. If it prompts you to specify an alternative data directory, go ahead and do so. If it doesn't then just rename the folder back and it'll work the same.
2866  Bitcoin / Bitcoin Technical Support / Re: Trouble with Synchro Bitcoin Core - Pruning mode ? on: November 18, 2020, 09:30:44 AM
could you detail how to activate the prune mode please ?
I've specified it in my post actually. Go to Settings>Options at the top and you should see the options to change the config. You can access bitcoin.conf through there too and know which configs are active.
Basically I'd just need to transfer the bitcoin folder which is currently in Application support to an external harddrive ? Then I can delete the one in my desktop without any risk ?
Always backup your wallet.dat first. After moving your data directory, you have to modify the config file to specify the new path of the data directory to follow. Or else, the client will simply make a new data directory in the original place and start synchronizing again.
2867  Bitcoin / Bitcoin Technical Support / Re: Trouble with Synchro Bitcoin Core - Pruning mode ? on: November 18, 2020, 08:00:51 AM
> could I delete the blocks folders stocked in the data folder in order to create space ?
No, you'll likely corrupt the data directory and you'll have to synchronize again.
> How can i correctly activate the pruning mode ?
If you're not very familiar with the syntax for Bitcoin.conf, you can try activating pruning by going to Settings>Option and checking the checkbox to prune the storage.
> Is there any possibility to get the bitcoins without full syncrhonisation, and send them to another wallet ?
Yes but I highly recommend against this.
> If I do the full synch, how could i stock the blockchain on a external harddrive ?
You can point the data directory at an external harddrive by moving and pointing the data directory at the external drive. Use the config file for that.
2868  Bitcoin / Bitcoin Technical Support / Re: A friend sent me coins from his coinbase to mine using the QR code and no transa on: November 18, 2020, 07:19:24 AM
Did your friend send you the coins using Coinbase's internal offchain transaction or on-chain transaction? Ask him if he could provide the TXID for the specific transaction.

It's highly likely a problem with coinbase and you should try contacting their support first.
2869  Bitcoin / Electrum / Re: How to send tx in Electrum using its console Python shell? on: November 07, 2020, 07:35:41 AM
Electrum's Help Doc is pretty comprehensive and useful for beginners. Try looking there first and feel free to ask if you need help. https://electrum.readthedocs.io/en/latest/cmdline.html
2870  Bitcoin / Electrum / Re: How accurate is the fee estimation in Electrum? on: September 26, 2020, 04:14:06 AM
Many of the services I used do this and some of them are long-established companies.  What I noticed is that those services either generate a new unique address for each new deposit or accept 0 confirmation transactions. I don't remember facing this problem when the deposit address is permanent.
In fact it makes sense if they have tons of addresses to monitor and they consolidate their inputs regularly.
Monitoring deposits based on the TXID is not the most efficient way about doing it. It would just cause unnecessary delay for the user and it would be a headache for them if the user decides to RBF due to low fees and whatnot.
I don't think it's in the customer's interest to conduct a malleability attack when using a service which accepts only the first seen transaction ID as valid.
It would be annoying for the company to handle hundreds of support messages regarding uncredited deposits due to the malleability issue.
2871  Other / Meta / Echo? on: September 25, 2020, 11:54:52 AM
There's a strange message at the top of Bitcointalk:
Code:
echo ''; echo ''; echo '';


Is it a local issue? Or is it a problem with the rendering of the page by Chrome? Tried clearing cache and cookies but it's still the same.
2872  Bitcoin / Development & Technical Discussion / Re: Some interesting nodes start showing up as soon as I started listening on: September 25, 2020, 11:48:23 AM
Another case which doesn't seem malicious but it is not normal either is a fixed IP range that has about 6 different user agents (satoshi:0.15 satpshi:0.18,... bitcoinj and nodesmulti). They only send a getaddr message and disconnect right away just to repeat it again later.
These "hit and run" nodes seem to only care about gathering information and nothing else and there are many of them.
Those nodes are likely a similar implementation to the one's bitnodes[1] is running currently. I haven't run it yet though I might be doing so in the future (when I have time). It's pretty weird how it connects with different user agent though, does masquerading as different UA provide different results?

This makes me wonder what are the cases that bitcoin core bans other nodes for "misbehaving" apart from obvious ones such as invalid block/tx/pow/chain?
I think the full banscore calculation system is found here[2]. Most of the criteria seems to be related to sending invalid messages which increases the banscore.

[1] https://github.com/ayeowch/bitnodes
[2] https://github.com/bitcoin/bitcoin/blob/8235dca6210dab8e9657c0b592ab928554155082/src/net_processing.cpp#L1114
2873  Bitcoin / Development & Technical Discussion / Re: Why do nodes accept OP_RETURN addresses? on: September 22, 2020, 03:58:28 PM
But blockchain is a ledger, not a messenger. These coins shouldn't be burnt for this purpose. Also, they're burn addresses like

1Lets1xxxx1use1xxxxxxxxxxxy2EaMkJ
1fuLL1xxxx1power1xxxxxxxxxxzatvCK
1of1xxxxx1anonymity1xxxxxxxz9JzFN
1See1xxxx1memo1xxxxxxxxxxxxxBuhPF
1dot1xxxxx1sv1xxxxxxxxxxxxxwYqEEt
1topic1xxx1hmwyda1xxxxxxxxxvo8wMn
1xxxxxxxxxxxxxxxxxxxxxxxxxy1kmdGr

They can be used as a message too.
OP_return doesn't need the nodes to keep it's UTXO and it's better in terms of reducing Bitcoin bloat.

OP_return has a larger data field, than let's say an address due to the need for a valid checksum at the end. If anything, the burn addresses introduce much more bloat (both in terms of UTXO and the limited character space) to Bitcoin Blockchain. It's the only way to provably burn coins with 100% certainty.
2874  Bitcoin / Development & Technical Discussion / Re: Why do nodes accept OP_RETURN addresses? on: September 22, 2020, 03:49:25 PM
OP_Return scripts function differently from your normal output scripts. It doesn't act like an address and any funds sent to OP_Return gets burned as the UTXO is not added into the list. The node shouldn't check for the validity of any scripts that is denoted by op_return.

No one has actually mistakenly sent funds to an OP_Return address without knowing what they're doing. On the client side, the wallet would've prevented it and the user would have to explicitly specify that they want to embed a message through the use of OP_Return.
2875  Bitcoin / Electrum / Re: How accurate is the fee estimation in Electrum? on: September 21, 2020, 04:25:18 PM
That's a problem then. Especially when you need a tx to get confirmed quickly. I usually do end up sending with higher using same ETA and block explorer telling that I paid like 400% higher fee.
You can reduce such occurance by reducing the ETA. I use mempool mainly and go for 1MB when I need it urgently.
I'll try the mempool option next time. I couldn't understand what it meant is why I didn't give it a try. So 0.1 MB from tip means it will get picked up as soon as possible? like in next block and 0.2 within 2 blocks?
Nope. Each block theoractically can accommodate 1MB of transaction. It simply means whether your transaction would be confirmed within the next X mb worth of blocks. It isn't accurate as with any fee prediction but it is a different way to present things.
2876  Bitcoin / Electrum / Re: How accurate is the fee estimation in Electrum? on: September 21, 2020, 03:55:32 PM
I'll say it's as good as it can get. Fee estimation utilises the mempool's recent fee statistics to guesstimate the suitable fee for you. Unfortunately, this entails having the downside of the software to not be able to predict future fees.

When I pay lower fees, I find it better to assume the worst case scenario since it's more likely for the mempool to spike suddenly (like what just happened) within the timeframe. There's no model to predict the fee market and that's the best estimate that can be given. If the algorithm were to be more forgiving, people would complain that they're paying more than required for most of their transactions.
2877  Bitcoin / Hardware wallets / Re: Query Regarding Hardware Wallets on: September 20, 2020, 07:57:43 AM
It's not whether you can; it's that you shouldn't.

Address reuse isn't recommended for privacy reasons in the first place and I don't think any hardware wallets were designed specifically to encourage that.

You shouldn't import addresses that were generated outside of the hardware wallet itself. The address could very well have been compromised beforehand and it would negate all the benefits of a hardware wallet.
2878  Other / Meta / Re: Is something wrong with TOR connection or forum is awefully slow? on: September 19, 2020, 01:03:38 PM
Obvious question but have you tried changing your circuit? I've noticed that my connection can be quite slow at times. Changing the circuit a few times has always solved it.
2879  Economy / Reputation / Re: DT1 and DT2 members who have negative feedback (or are banned) on: September 19, 2020, 11:35:38 AM
@LoyceV, wrong topic perhaps?
2880  Bitcoin / Bitcoin Discussion / Re: financial incentives for full nodes on: September 19, 2020, 07:18:58 AM
Firstly, it would require a hard fork. You know that doesn't resonate well with some people and it would inevitable lead to parties supporting/opposing it.

Anyways, I would expect botnets to have tailored malwares if that would ever occur. It's also quite a problem to determine if a node is truly helping the network or just collecting the incentives. It's not possible/resource intensive to make sure everyone is actually running a node (ie. not just serving the block when asked or just broadcasting their useragent without having any blocks in reality, etc). I don't expect to see this happening at all; Bitcoin works fine as it is now and centralisation is not the greatest problem that we have in terms of having people run validating node (pruned or not).
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