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1061  Bitcoin / Development & Technical Discussion / Re: How do you keep your mnemonic phrases? on: June 12, 2018, 12:23:38 AM
I always put it to my email. I save it in my drafts and applying some secret code to the phrase just like adding some letters on it so that if ever my email was hack. They will not use it since it was wrong and it is very hard to determine what is the character that it makes wrong. Trust me, No one can use it but just remember what and where do you put the additional character.

People doing this are insane. You should consider all email providers as NSAware, the hosts themselves probably can ready any email they want. If I had to choose one I would at least use something decent like Protonmail which supposedly it's all encrypted and they can't access your mail. Also log in through a Linux live DVD to guarantee your OS host isn't compromised, and do not store the entire seed. I haven't done the math but I would at least try to remember the last 4 words, or two first and two last, and that is already a compromise.
1062  Bitcoin / Development & Technical Discussion / Re: Is POW systematically doomed to get a huge monster in its midst? on: June 12, 2018, 12:12:13 AM
Why did TPTB allow segwit at all if they don't like it? I assume that they could have stopped it, but trying to fit this in your theory... it was to:

1) Set an example: Attempts at modifying Bitcoin, even if through soft-forks, will not be tolerated.
2) To accumulate more BTC: By means of expropriation (the so called "segwit booty") and profiting through US government based futures (CME) shorts in the process.

They also think they can get away with it and pump it back to ATH even after such a disaster happening and regaining confidence on it being a global store of value. This is where we differ, as some pointed out, I think the damage would be too much. By 2019 there will be more segwit activity than legacy. It could end up being an inside job that ends up not being profitable. It may be more profitable to simply keep milking transaction fees through LN becoming mainstream (without segwit LN doesn't reach it's full potential), and assuming TPTB controls mining, their funds would be safe while still having the power of stealing coins at will if needed. In any case, we will find soon, since the longer it takes for them to execute that theoretical attack the bigger the disaster would be and therefore it may not even be worth it for them anymore, so these expecting it to happen may sell and lose their position as nothing happens and price keeps going higher (again, this is also assuming it happens around the time you are proposing, that's somewhere next year, and it cannot take longer than that).
1063  Bitcoin / Development & Technical Discussion / Re: Is POW systematically doomed to get a huge monster in its midst? on: June 11, 2018, 02:49:38 PM
Bitcoin is not intended to be a transactional currency, as supported by the fact that Satoshi intentionally left the block size fixed at 1MB (c.f. the Decentralized section of my linked blog).

It's not clear to me that satoshi willingly set 1 MB as something that was part of a bigger plan involving a dead end which would force a settlement network to take place, I believe the official statement (that is, that he lowered the 32 MB limit to 1 MB to avoid spam, temporarily). This doesn't mean I buy into the "blocks-as-big-as-needed" approach by altcoin scammers, neither im saying we need a blocksize increase.

Basically, it was set to 1MB, and by the time one wanted to increase it, it was too late, as attempts would result in ugly uncoordinated splits generating altcoins as a result. Once he set 1MB it was set in stone, the question is if he was aware of this or not back then. I believe people often overrate satoshi's long term thinking on his own creation, he was discovering what it would become along the way, with the rest of the people involved since the early days, or maybe you are right and it was part of the plan, but im not willing to clam I knew his intentions with 100% certainty.

It's worth noting that Hal Finney was aware of the "settlement network fate" back in 2010, I don't know if any other big names saw that as well. It very well could be that Hal was satoshi and he knew, but didn't want to claim that as satoshi; then again that's all speculation.
1064  Bitcoin / Development & Technical Discussion / Re: Get hash of oldest stored block (Core pruned mode)? on: June 10, 2018, 05:48:17 PM
With Core in pruned mode, is there a command to get the hash of the oldest stored block?






I don't think so. It would be an interesting command to have. If there isn't, and until then, you can manually check it by subtracting N from current last block height, N being the number that you entered in the "prune=N" setting in your bitcoin.conf

So do:

getblockcount

This will give you the latest block you have. For instance for me right now is 526788, so let's say your prune N value is 550

526788-550=526238

getblockhash 526238

And there you go. If you try to get the hash of a block that is behind N you should get an error, something like "block not available (pruned data)".

A cvar that automates these steps could be added I guess.
1065  Alternate cryptocurrencies / Altcoin Discussion / Re: Nice Stakenet pump today on: June 10, 2018, 04:22:35 PM
Just a quick update on this one. I don't typically like to brag and everyone that knows me knows im as much of a Bitcoin maximalist as it can get, but when I see a good speculation I call it and try to extract value from it, and man was it a good wall. We are up %275 since my first calls on XSN, not considering even lower prices prior the POSW to XSN swap.

The marketcap is still tiny, and the TPoS approach is enough of a value proposition to propel it into the #100- rank. Considering the amount of shitcoins in the top 50, it is a safe estimation.  Now it all comes down to how much risk you can sustain. Personally I think it can pull a PIVX and reach 6 figures in satoshis eventually, this is again judging by the total supply, technical analysis and the fundamentals involving the massive amount of shitcoins above this one with 0 value proposition. For these that trust PoS based systems, cold storage staking seems like a pretty cool technology that will be explored further, and Stakenet is the leading one.

It is also worth nothing that the growth has happened despite the current Bitcoin correction, so if anything you have hedged against that and retained value, but you should have made some legit gains by now:



1066  Economy / Services / Re: [1 OPEN SLOT] ChipMixer Signature Campaign | 0.00075 BTC/post on: June 09, 2018, 08:45:21 PM
Let me try my luck with this campaign :

Username: deisik
Post Count: 20477+1
BTC Address: 3BKApRLEDeeyfwRSvGn3WbfjL8hjJhd9BH

Will update signature on acceptance (I don't really know if my address is a Segwit one, so no ill intent is meant)

That is a nested segwit address by looking at previous transactions, should do for the task. Note that if you didn't move any coins with it we wouldn't be able to tell due redeemScript not being shown yet. You should know what you are dealing with as a Legendary member tbh.
1067  Bitcoin / Development & Technical Discussion / Re: How many Bitcoin Core alternatives do exist? on: June 09, 2018, 08:17:53 PM
There are literally dozens of bitcoin core alts right now out there but it is very hard to weed out the definition of what an alt is

Nope. There are various Bitcoin forks. But Bitcoin Core is just a Bitcoin client. There is no currency called Bitcoin Core, so there is no fork of it.

https://en.bitcoin.it/wiki/Clients

A bitcoin client is the end-user software that facilitates private key generation and security, payment sending on behalf of a private key.



Actually, there is an altcoin called "Bitcoin Core" now:

https://thebitcoincore.org/

Of course, it's just another shitcoin, but this has a very special goal: To use Roger Ver's politician tactics against himself. The point is that Roger Ver usually uses his big megaphone in the form of Twitter, other social media, or live TV appearances, to call Bitcoin "Bitcoin Core", so now whenever he calls Bitcoin "Bitcoin Core", he will be talking about the altcoin called "Bitcoin Core". So the bigger this BTCC altcoin gets, the more exposed he will get for trying to mislead the public, as they will learn Bitcoin. It is pretty funny.

Remember when he used to call Bitcoin "Bitcoin Segwit"? Then he switched to "Bitcoin Core", and if this altcoin gets big enough, he would have to change it to something else. The guy is such a relentless scammer.

Bitcoin Knots: This is developed by Luke Dash Jr and has some experimental features that sometimes are added into the Core client: https://github.com/bitcoinknots/bitcoin
Libbitcoin: I think this one was founded by Amir Taaki: https://github.com/libbitcoin/libbitcoin

I would reconsider these two also.


  • Bitcoin Knots is not a re-implementation AFAIA, just a forked version of the standard Bitcoin client with additional features (no consensus breaking features)
  • Libbitcoin is supposedly just a library, if that's correct then it shouldn't be possible to execute libbitcoin as a client in it's own right

It depends on how specific you want your remit to be.

Good remarks, but a bit overkill maybe. In a way every existing client is a fork of the original client with changed/polished stuff, so I think Knots should know as its own client in this list. Im not sure how Libbitcoin works, never tried it, I just was told it was a proper client you can run, I will have to look into that.

This one, Gocoin (also written with Golang as BTCD above) is still listed on the Bitcoin wiki. Just checked and the last commit on Github was 9 days ago, so it looks like it's still being actively developed: https://github.com/piotrnar/gocoin

The thread on BCT also seems to be relatively active as is the OP/developer replying on it since 2013.

Cool, I added this one, seems to meet the criteria but will need to read more later. I like that it has cold storage features. I would like to see cold storage features in Core to sign tx offline and so on, all nicely integrated in the GUI Armory style.
1068  Economy / Services / Re: [1 OPEN SLOT] ChipMixer Signature Campaign | 0.00075 BTC/post on: June 09, 2018, 08:09:13 PM
Username: cellard
Post Count: 2731 (this one included)
Segwit address: bc1qd9mvjltwkju3kc8qxluzewsmenp2h9s7ya8y00
1069  Economy / Speculation / Re: Survived 8000, time for $10k? on: May 24, 2018, 03:01:30 AM
Is time to stop assuming the price is about to hit the floor for the bear market... we may or not go lower, what you should be doing is dollar cost averaging.

Personally I think $6500 ish range is a potential floor. After that, around $4900 would be it, I believe that is an ideal buy entry to go all in.

Worst case scenario is testing the (never re-tested) $1300 MtGox peak... it would suck but at the same time it would be a steal and I wouldn't doubt to sell my car to buy BTC at such ridiculous prices. We'll find out during the summer.
1070  Bitcoin / Development & Technical Discussion / Re: How many Bitcoin Core alternatives do exist? on: May 24, 2018, 02:41:37 AM
BitcoinJ: Very old client from back in the day

Still has a team maintaining & updating it (driven by Andreas Schildbach's work on Bitcoin Wallet on the Android Operating system), but it shouldn't be on this list, because:

  • Cannot be used for a full validating node (validates block headers only, then resolves transaction validity using BIP37 bloom filters)
  • Is only a library; does not function as a standalone, executable Bitcoin client

Indeed, I thought it was abandoned.. and well it's just an SPV client, so I guess I will edit the list.

https://coin.dance/nodes already provide all Bitcoin clients with each client info, total nodes and it's history and feature the clients have. I'm not sure how accurate this website though.
The only active client's developments beside Bitcoin Core only BitCore and bcoin which usually only useful for developer.

That website is pretty inaccurate. For instance, the TRB client, is listed as supporting "Emergent Consensus". As far as I remember, EC was some sort of Bitcoin Unlimited-Gavin trickery.
I forgot to add this one in the list.

But in any case, im sure there are other ones not listed there, maybe some obscure dev teams doing something under the radar, that is what I find most interesting.
1071  Bitcoin / Development & Technical Discussion / How many Bitcoin Core alternatives do exist? on: May 23, 2018, 04:14:23 PM
By "Bitcoin Core" alternatives I mean full validating clients that follow consensus rules (do not fork the blockchain... because that would be an altcoin).

The ones I know are:

Bitcoin Knots: This is developed by Luke Dash Jr and has some experimental features that sometimes are added into the Core client: https://github.com/bitcoinknots/bitcoin
Libbitcoin: I think this one was founded by Amir Taaki: https://github.com/libbitcoin/libbitcoin
BTCD: This one doesn't have a wallet and is written in Go: https://github.com/btcsuite/btcd
BitcoinJ: Very old client from back in the day, I think it was started by Mike Hearn: https://github.com/bitcoinj/bitcoinj (removed because not a full validating node)
Bitcore: Looks like Trezor uses this one, but also Bloq...: https://bitcore.io/
Bcoin: Some exchanges use this one like Bitwala: http://bcoin.io/
Gocoin: Written in Go: https://github.com/piotrnar/gocoin

Im sure there are more.. post yours. I think these efforts are good and positive for Bitcoin overall. As long as they follow consensus rules, it's good that several different teams are working on different clients.
1072  Bitcoin / Development & Technical Discussion / Re: Installing LN on Tails on: May 23, 2018, 03:22:52 PM
My experience as a user while compiling source code on Tails is kind too trick for me, so I was thinking about get some sort of up to run binary ..
Maybe someone will correct me, but my experience with Tails is that you cannot really compile source code on it. Because of this:

Quote
Since Tails is amnesic, any additional software package needs to be reinstalled in each working session.

Source: https://tails.boum.org/doc/advanced_topics/additional_software/index.en.html

So if you install LN on tails from source code, you would have to reinstall it the next time you reboot the system.

Indeed. The point of Tails is to not use it as a regular OS, but as something you would use to guarantee your system is not compromised, so ideally you want it in a DVD and not in anything that could be writeable.

BUT you can also allocate space in which you can persistently install stuff and will be there on every boot, see anything related with "persistent" in the wiki:

https://tails.boum.org/doc/first_steps/persistence/configure/index.en.html

I have never used this, but shall you use it, I would encrypt:

https://tails.boum.org/doc/first_steps/persistence/index.en.html

Of course be sure to remember the password. I tested Veracrypt in some HDDs and I forgot the password, now they are useless HDDs since I can't access the data.
1073  Economy / Trading Discussion / Re: Amateur trader question. Unintended gains? on: May 22, 2018, 05:47:39 PM
Bitcoin will always be winner long term. If you don't want to gamble, minimize BTC loses. If you think Roger Ver still has enough funds to keep pumping BCash, then keep your BCH position until you are able to get out without a loss or ideally find some profit.

The only options for BCH to pump is for Ver and Jihad to waste more money in another spam attack while pumping BCH on twitter as the savior of the cryptoworld, then quickly dump the BCH and you'll be back in BTC with possibly some profit margin.
1074  Bitcoin / Development & Technical Discussion / Re: Installing LN on Tails on: May 22, 2018, 05:14:12 PM
https://github.com/lightningnetwork/lnd/releases

Download the appropriate files for your computer in there. amd64 for amd, 386 for intel, arm for raspberry pi...

What sort of problem are you having specifically? post the terminal log.

Tails comes with very basic stuff so you might need to download additional libraries. I managed to compile Electrum once and I needed to download other stuff. Also remember that you need to do this on each boot unless you enable persistent mode.
1075  Alternate cryptocurrencies / Altcoin Discussion / Re: How important are miners to the Ethereum network ? on: May 22, 2018, 04:49:23 PM
How important are miners to the Ethereum network?





They are as important as in any other PoW network... they process transactions, for now. What we should be asking is, what will happen to the Ethereum miners once the hardfork to PoS happens?

Will they just dump all their mining gear in the market? can the machines used to mine the Ethereum algorithm be used to mine any other crypto in a lucrative way?

Personally I predict we will have 2 coins, Ethereum PoW and Ethereum PoS, and I can't wait to see how that plays out. See:

https://bitcointalk.org/index.php?topic=3649446.msg36685850#msg36685850


So there should be a division between pow and pos? And basically we will have two class of miners in ethereum network, However, if the fork happen then there will be a sudden drop down of ethereum's price, so all should buckle up,  and there will be a competition over ethereum pow and pos. Can't wait to see which one will be better for HODLING, and which one will have more whales supporters.


There would only be a group of miners left... the current miners, assuming that they will continue mining said supposed fork (ETH-PoW). I don't include ETC as Ethereum miners, but ETC is already a fork.

In any case, the other end would be ETH-PoS, so this means no miners in there, and I predict ETH-PoS will be the leading one price wise, simply because Buterin will support that one, just like how ETH leaded in price vs ETC, because basically Buterin supported the DAO fork... proving that Ethereum is simply a centralized coin with a clear leader.
1076  Alternate cryptocurrencies / Altcoin Discussion / Re: BCash is dead the moment someone bothers with funding an spam attack on: May 22, 2018, 04:30:15 PM
Are we close to witnessing a great farce or witnessing a new age with Bcash? I do not know how to mention the true purpose of the coin despite many explanations, theories, concepts and speculations about Bcash, but i agree with your opinion regarding the centralization of this currency and certainly the scam trend is great. However it is tricky to cling and just one side of the coin knowing the level of lucky investors in this coin, will the level of misfortune be 3x or greater in comparison with Bitconnect?


The purpose for BCash is that they think they can scale indefinitely on-chain. In fact, after upgrading to 32MB, and after seeing how apparently everything is allright, some are calling for an finite blocksize:

https://www.reddit.com/r/btc/comments/8jtqpm/the_mythical_block_size_limit_has_now_become/#bottom-comments

So basically, these guys are deluded enough that it's perfectly safe and decentralization friendly to let miners dictate the size of the blocks. Is this mindset that predicts a big disaster eventually happening if BCash actually starts getting traction.
1077  Alternate cryptocurrencies / Altcoin Discussion / Re: Market Situation.... on: May 22, 2018, 04:20:05 PM
Some people are calling for a bull market in around june-july or somewhere this summer. I have positioned myself in a few altcoins expecting big gains if there is a bull market. It's hard to predict when altcoins will go up along Bitcoin and when they will dump.

Sometimes Bitcoin goes up, altcoins go down. Sometimes Bitcoin goes up, altcoins go up... if the situation is the second one, it's not a bad idea to hold some. I personally bet on Stakenet (XSN) going higher from now on, simply because of two things:

1) It has bottomed... it cannot really go much lower
2) It has some interesting features like TPoS

I think an all time high in BTC terms is reachable. Im holding until at least 30k.
1078  Alternate cryptocurrencies / Altcoin Discussion / Re: BCash is dead the moment someone bothers with funding an spam attack on: May 22, 2018, 03:19:30 PM
I am also against to Bcash. However it is a free market. Market will decide whether it is good or not. I hope people understand the importance of decentralization before suffering.

The market "decided" Bitconnect was worth 0.037 BTC (258$, by then) and we all know how it ended:

https://coinmarketcap.com/currencies/bitconnect/

So what I mean is, the market can decided that a scam has value for X period of time, it doesn't mean it ever had objective value. Ethereum, BCash and all these other scams haven't gone to 0 because it's harder for people to see how they are scams, and they are PoW coins so we have miners speculating with their hashrate while possible, and we have scammers with big megaphones like Ver on twitter etc.. but the time will come in which people realize they are scams and the dump will be epic, and all that capital will go to Bitcoin, which means people holding Bitcoin will once again be the winners.
1079  Alternate cryptocurrencies / Altcoin Discussion / BCash is dead the moment someone bothers with funding an spam attack on: May 22, 2018, 02:43:03 PM
Recently, BCash proved again that it is a centralized project, by smooth sailing into another hard fork, this time, to a 32 MB blocksize.

With such huge blocks ready to get filled (and ironically, having less demand than a lot of other altcoins in terms of transaction volume) it is basically a disaster waiting to happen. Anyone with enough funds and a mission to fuck BCash up could right now stop spamming big time and the blocks would become eventually undownloadable, just like Ethereum's blockchain.

These shitcoins can't die fast enough, and all the idiots getting tricked into selling Bitcoin for them thinking it's the next big thing will end up paying sooner or later. There's no excuses to not know that these things are scams, we are in 2018.
1080  Alternate cryptocurrencies / Altcoin Discussion / Re: Upcoming interesting hardforks on: May 22, 2018, 12:28:49 PM
Here is a few of the upcoming hardforks that are planned to happen by the end of this year, that we think are interesting:
•   Electroneum(ETN) owners will get ETNX at block 307 000(around 29 May 2018) at 1:1 ratio
•   Tron(TRX) will release its public blockchain on 21 June 2018, migrating from ERC20 tokens to TRX
•   At block 6 100 000(approx. 13 July 2018) ETC holders will be credited ETE – Ethereum Emerald at a 1:1 ratio
•   ZClassic(ZCL) will have a snapshot on 9 September 2018. BTC and ZCL holder will receive Anonymous Bitcoin at 1:1 ratio on 10 September 2018


thanks for sharing this, I'm expecting the number of forks decreasing in time, it's not probably so fashionable anymore. They will start again launching the projects as airdrops most likely.

I don‘'t think so. I believe hardforks will keep raising exponentially, as long as the altcoin bubble doesn't burst. Hard forking remains a good way to spread coins around without much jurisdictional problems.

ICO's usually involve a ton of bureocracy and risks for investors. Airdrops aren't automated, and requires some centralized party holding the coins to distribute them. So the remaining way is hardforking so owners of previous coins get the new coins, this doesn't require to follow any laws or a centralized actor spreading coins (example, Byteball)

Of course, the best way remains a proper PoW launch like Bitcoin.
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