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Author Topic: Will Satoshi have to move his coins to "tor v3" adresses?  (Read 130 times)
remotemass (OP)
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October 15, 2020, 01:57:48 AM
 #1

It seems v2 bitcoin addresses are becoming deprecated.
Does that mean that we all, including Satoshi, will have to move coins to the new v3 addresses?
Please explain.

{ Imagine a sequence of bits generated from the first decimal place of the square roots of whole integers that are irrational numbers. If the decimal falls between 0 and 5, it's considered bit 0, and if it falls between 5 and 10, it's considered bit 1. This sequence from a simple integer count of contiguous irrationals and their logical decimal expansion of the first decimal place is called the 'main irrational stream.' Our goal is to design a physical and optical computing system system that can detect when this stream starts matching a specific pattern of a given size of bits. bitcointalk.org/index.php?topic=166760.0 } Satoshi did use a friend class in C++ and put a comment on the code saying: "This is why people hate C++".
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October 15, 2020, 03:17:04 AM
Merited by mk4 (1)
 #2

https://decrypt.co/44640/bitcoins-next-upgrade-will-support-tor-v3-addresses
https://blog.torproject.org/v2-deprecation-timeline

I think some will move and some won't.

The improvement (without bug) can help users get better privacy (assumed so) but basically from my knowledge, people will always be fine if they keep doing following vital things:
  • Keep private key/ mnemonic seed/ masterkey secretly and safely.
  • Don't reuse addresses (don't reveal public keys). They should use change address for every new bitcoin transaction.
Tor-V3-addresses won't help if people reuse addresses.

Privacy is different than anonymity (as I learned from some bitcoin experts)!

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October 15, 2020, 03:47:45 AM
Merited by Welsh (4)
 #3

i think you are confusing the communication protocol over Tor network with bitcoin addresses. the former is changing for those who are using Tor network and the later has not changed apart from new address formats being added to the list of bitcoin addresses that can be used.
there is no need to move any coins.

additionally the bitcoin addresses despite having a version byte didn't really use it as a versioning system we only had version 0 then it was only used as a way to create a different starting character (1 or 3) and then we moved to an entirely different encoding which will use a more strict versioning system (bech32 and witver).

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BitcoinFX
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October 15, 2020, 04:13:38 PM
Last edit: October 15, 2020, 04:30:13 PM by BitcoinFX
 #4

It seems v2 bitcoin addresses are becoming deprecated.
Does that mean that we all, including Satoshi, will have to move coins to the new v3 addresses?
Please explain.

What?

Only Tor v2 .onion addresses are becoming deprecated.

Anyone operating a Bitcoin v2 .onion will have to upgrade to a v3 .onion by July 15th, 2021. (N.B mostly automatic for ephemeral instances.)

See: https://bitcointalk.org/index.php?topic=5177001.msg55370507#msg55370507

Last time I checked, bitcoin isn't stored using Tor .onion addresses ...

Bitcoin on Tor addnode .onion addresses are only utilized as an encrypted P2P network transport layer.

Think privacy, security, obfuscation and circumvention here not so much for anonymity and/or illegality etc.,

"Remember: Tor can't help you if you use it wrong!"

Smiley

"Bitcoin OG" 1JXFXUBGs2ZtEDAQMdZ3tkCKo38nT2XSEp | Bitcoin logo™ Enforcer? | Bitcoin is BTC | CSW is NOT Satoshi Nakamoto | I Mine BTC, LTC, ZEC, XMR and GAP | BTC on Tor addnodes Project | Media enquiries : Wu Ming | Enjoy The Money Machine | "You cannot compete with Open Source" and "Cryptography != Banana" | BSV and BCH are COUNTERFEIT.
GeorgeJohn
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October 15, 2020, 04:55:14 PM
 #5

It seems v2 bitcoin addresses are becoming deprecated.
Does that mean that we all, including Satoshi, will have to move coins to the new v3 addresses?
Please explain.

What?

Only Tor v2 .onion addresses are becoming deprecated.

Anyone operating a Bitcoin v2 .onion will have to upgrade to a v3 .onion by July 15th, 2021. (N.B mostly automatic for ephemeral instances.)

See: https://bitcointalk.org/index.php?topic=5177001.msg55370507#msg55370507

Last time I checked, bitcoin isn't stored using Tor .onion addresses ...

Bitcoin on Tor addnode .onion addresses are only utilized as an encrypted P2P network transport layer.

Think privacy, security, obfuscation and circumvention here not so much for anonymity and/or illegality etc.,

"Remember: Tor can't help you if you use it wrong!"

Smiley

I don't really understand this concept of bitcoin vs onion , is onion a investment platform via cryptocurrency especially bitcoin, I really need more clarification, some terminologies used for bitcoin conversation  really getting some person's confused, so I need more light concerning Btc and onion according to brother here.

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BitcoinFX
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October 15, 2020, 05:26:25 PM
 #6

It seems v2 bitcoin addresses are becoming deprecated.
Does that mean that we all, including Satoshi, will have to move coins to the new v3 addresses?
Please explain.

What?

Only Tor v2 .onion addresses are becoming deprecated.

Anyone operating a Bitcoin v2 .onion will have to upgrade to a v3 .onion by July 15th, 2021. (N.B mostly automatic for ephemeral instances.)

See: https://bitcointalk.org/index.php?topic=5177001.msg55370507#msg55370507

Last time I checked, bitcoin isn't stored using Tor .onion addresses ...

Bitcoin on Tor addnode .onion addresses are only utilized as an encrypted P2P network transport layer.

Think privacy, security, obfuscation and circumvention here not so much for anonymity and/or illegality etc.,

"Remember: Tor can't help you if you use it wrong!"

Smiley

I don't really understand this concept of bitcoin vs onion , is onion a investment platform via cryptocurrency especially bitcoin, I really need more clarification, some terminologies used for bitcoin conversation  really getting some person's confused, so I need more light concerning Btc and onion according to brother here.

"Lord Give Me Strength" - SWIM

Tor (The onion router) is free software to:
"Defend yourself against tracking and surveillance. Circumvent censorship. Browse Privately. Explore Freely."
Source: https://www.torproject.org/

Tor isn't just a browser, its a network ...
More source: https://www.torproject.org/download/tor/

...

Bitcoin is a Peer-to-Peer Electronic Cash System, or so I'm told ...

TOR SUPPORT IN BITCOIN
- https://github.com/bitcoin/bitcoin/blob/master/doc/tor.md

Running A Full Node
- https://bitcoin.org/en/full-node#what-is-a-full-node

...

Disclaimer: This is not investment advice.  Cheesy

"Bitcoin OG" 1JXFXUBGs2ZtEDAQMdZ3tkCKo38nT2XSEp | Bitcoin logo™ Enforcer? | Bitcoin is BTC | CSW is NOT Satoshi Nakamoto | I Mine BTC, LTC, ZEC, XMR and GAP | BTC on Tor addnodes Project | Media enquiries : Wu Ming | Enjoy The Money Machine | "You cannot compete with Open Source" and "Cryptography != Banana" | BSV and BCH are COUNTERFEIT.
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