Most other cryptos now have an official twitter account -- (for example @ethereum is the official twitter account of the ethereum foundation, and so forth for most coins). What is the twitter account that best represents Bitcoin?
Bitcoin doesn't have an official Twitter. Just like nobody owns the email technology, nobody owns the Bitcoin network. As such, nobody can speak with authority in the name of Bitcoin. |
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Umm. Have you ever tried using it as a cash payment system to make a purchase?
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Anytime I want to buy something and pay a huge Tx fee and wait hours for a confirmation I use Bitcoin.
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Just in case anyone was wondering, I paid for nine months continued presence on cryptoid for Gold Coin. Hope this helps while people's attention is focused on Covid and the Price of Bitcoin.
Regards.
Thank you so much TimeLord. That's a big help to the project! |
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The Goldcoin Core team is happy to announce that $GLC now trades on Block DX. A fully decentralized trading platform!  Grab your client today and start trading: https://blockdx.com/ |
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Nearly zero liquidity.
A single $500 trade could double (or halve) the market cap.
This has been the case for months. We're working on making corrections to resolve this currently. |
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How to set parameters on the pool?
"daemonType": "default",
"cnAlgorithm": "randomx",
"cnVariant": ？,
"cnBlobType": ？,
"includeHeight": false,
"isRandomX": true,
cnVariant ,cnBlobType ,how to set parameters ? thank you!
Good luck with that. It seems the pool is only mineable by insiders premining the coin. Still investigating. The OP needs his account flagged if this is the case. |
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My transaction will be inside the 999th block. What exactly I have to do in order to reverse that transaction? Rebuild the blockchain? Or building again the 999th block, then again the 1000th block and then I'll have to be the first that mines the 1001st block?
Only miners with the 51% network mining power automatically have the potential to block and reverse transaction that already take placr but cant rebuild the blockchain. But even if it's too expensive and too unprofitable it's still possible. And I know that none of us would want that, because of the loss of fortunes (bitcoin price would drop). Some goverments tho, would want to destroy the bitcoin network and of course they can easily afford it.
Thoughts? Do you believe that goverments can control it? And please correct me if I'm wrong about the 51% attack, because I haven't fully understood it.
The government already have a lot of situation that needed money rather than wasting billions of dollars in 51% attack on bitcoin. The cost to have the 51% mining power is more than you think and if it that simple they would have end bitcoin instead of causing panic then before the KYC/AML was implemented.This makes sense. Secretly co-opting the network (rather than directly attacking) was much more cost efficient. And effective. |
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That is where you are wrong.
People can destroy government anytime they want .
Government needs to understand that they are not the ruler , they are the caretaker of their nation and it is a Preety big thing to actually be able to help everyone with .
Bitcoins and cryptocurrencies are again a remark for everyone that the power is in the hands of everyone and one should always take it as a responsibility.
Even without any middle man or centralized body one can function properly.
^ Surely the government can but will they spend millions of dollars just to destroy a network where there are tons of programs and projects that they need to focus more and spend the funds especially this time of crisis. Probably if the government will destroy bitcoin and cryptocurrency it has no direct benefit for them it will just be a waste of time and funds for them. But still, the crypto world should not be lenient because there may be time for the government will really try to attack the crypto world because they don't benefit as well on us. Bitcoin is decentralized digital currency which are being used in online. And we all know that this digital currency coins doesn't have any people, person and company behinds it. It just always depends on its availability and stocks. One of the situation that may happen in the future is that the government has the power to control the regulations of the said coin. I guess some of government agencies wanted to claim or to rule over the bitcoin and they always find a way ro manipulate it and to affect the price or product. I think government can't destroy the bitcoin whatever they want and do. For how many years, bitcoin suprassed its value and meaning all over the world. Bitcoin became one of the largest and strongest coin in digital currency. Thou, it doesn't any people behind it still it makes itself one of the most improved coin in digital. Government will cannot do anything unless they will attack the directlt the person who are using it in order for it to affected. Now we are making some progress. It's called the Lightning Network. https://pricecoin.net/bitcoin/will-lightning-network-node-operators-need-a-money-transmitter-license/ |
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Bitcoin is being developed as a settlement layer and not a peer-to-peer electronic cash system. How can a settlement layer be developed if the underlying asset, in this case bitcoin, isn't something that can be used to settle debts? It's important to understand the original P2P cash payment function has been removed from the protocol. Txs on the main chain have been intentionally throttled. No one is debating that point, it's a fact. The way the LN network is designed, it 'settles' transactions by closing channels on the main chain. Bitcoin will probably also be used for other types of settlement systems and may still be used for remittance payments in the future. |
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Do you believe that goverments can control it?
Yes. They have a plan. Keep the Bitcoin block size at 1 MB and move the bulk of transactions to LN node operators who instead of cryptographically proving transactions are exposed to regulatory KYC/AML oversight as custodians and transmitters of user's funds. |
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Hi all,
I am new in bitcoin and cryptocurrencies. I have had a question in my head for some times:
I understand that bitcoin which is open-source has experienced several updates since released by Satoshi Nakamoto several years ago. However, I do not understand what is the mechanism of updating the bitcoin software? How the consensus is made i.e. how the network agree on installing new updates by unknown developers?
Thanks!
The honest and easy answer is whatever Blockstream decides happens. |
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Based on this: https://github.com/in3rsha/bitcoin-mining-distributionSome pools have reached really closed on doing such an attack, but I have a question. Why anybody would want an attack like this? If he controls the network (that will not be forever) what can he achieve? He can't "destroy" the bitcoin, huh?  Because when I control 51% of the network I can double-spend BTC. |
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by the way. i do like how you did separte the established bitcoin and BSV. yep. you foolishly debunked yourself there by saying BSV is not the established bitcoin. but a separate thing..
oopsie
Until BSV reaches or exceeds BTC market capitalization, Bitcoin I suppose is BTC. BSV will not exceed BTC but another tip for you. when CSW pleads guilty to the satoshi scam and fesses up that he isnt satoshi he wil double scam BSV users by saying 'its not craig wright version is it' and say he has proved he is not satoshi so BSV has nothing to do with him. leaving you fools stuck empty handed and trying to cause more drama to prove CSW was connected to BSV its what scammers do. like i said just cut your losses earlier and dont be a kiss ass spend your time playing poker instead BSV is much more than a single individual. The code is really the only thing to fear. I think it's a great experiment to see if Satoshi's Vision was the correct one. Classic battle between big blockers and small blockers. If LN manages to get off the ground soon, BTC might have a chance. |
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by the way. i do like how you did separte the established bitcoin and BSV. yep. you foolishly debunked yourself there by saying BSV is not the established bitcoin. but a separate thing..
oopsie
Until BSV reaches or exceeds BTC market capitalization, Bitcoin I suppose is BTC. (Something I did by the way tell Satoshi and he blocked me on Twitter.) |
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so what do you think is his ulterior motive why he's doing this? fame/money? since his reputation has long been ruined, no credibility whatsoever.
There is an organized concerted effort to discredit Wright because of the severe threat that BSV presents to the Bitcoin establishment. That's the short version. im guessing soon enough microguy will be paid to do interviews to explain his thoughts. and year a few btc an hour doing tours
I'll try to keep my speaking fees down to a reasonable minimum. Working on a new book, "My Romp in the Hay with Satoshi". |
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I'm pretty sure CSW is not right in the head. He can be a pathological liar with delusions of grandeur. Definitely a case for a psychiatrist.
The same could be said of Tesla, Gates, Jobs, Zuckerberg, and a host of others. |
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The guy is a real fraud, in a year or two he probably won’t ever be mentioned. He’s so insignificant, I don’t know why people are still interested in him.
Ummm. BSV is the #4 cryptocurrency in the world today and gaining. I don't think the CTO of Blockstream would be spending his time on this subject if he wasn't a grave concern. |
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