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JohnFromWIT
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June 17, 2014, 11:56:51 PM
 #141

and so the student becomes the teacher. Although in this case I believe the question was regarding a proof of work algorithm, and not the use in address generation

All thanks to you.
Yeah you snuck in while I was trying to cover up my mistake.
Edited the answer, but still didn't answer the question, because I just don't know.

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June 18, 2014, 06:52:10 AM
 #142

Question:

Which wallet to use, that would all keep all the different Alt currencies and bitcoin.  Grin

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PangPang
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June 18, 2014, 07:07:37 AM
 #143

Question:

Which wallet to use, that would all keep all the different Alt currencies and bitcoin.  Grin

If you want a wallet to handle multiple coins, there is UfaSoft Coin (https://bitcointalk.org/index.php?topic=58821.0)
If you want a wallet to handle all coins, there will probably never happen, as we have hundreds of different coins and have new coins coming out everyday.

devthedev
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June 18, 2014, 03:17:12 PM
 #144

Question:

Which wallet to use, that would all keep all the different Alt currencies and bitcoin.  Grin

If you want a wallet to handle multiple coins, there is UfaSoft Coin (https://bitcointalk.org/index.php?topic=58821.0)
If you want a wallet to handle all coins, there will probably never happen, as we have hundreds of different coins and have new coins coming out everyday.

I wouldn't recommend UfaSoft, it's pretty gross.

The best way to go is to have different clients for each honestly.

JohnFromWIT
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June 19, 2014, 08:38:35 PM
 #145

When you Encrypt your wallet in bitcoin-qt.
What exactly are you encrypting?

couchdive
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June 19, 2014, 09:06:29 PM
 #146

First of all, thank you for this thread! My first post to this forum!

I want to learn about paper wallets and keys more, What is the best place to learn more about this process?

Whats the best way to learn by doing, without risking a lot of bitcoin?
Mikez
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June 19, 2014, 09:11:57 PM
 #147

When you Encrypt your wallet in bitcoin-qt.
What exactly are you encrypting?

You are encrypting your wallet.dat file, which contains the private keys. The keys are encrypted with an entirely random master key, which itself is encrypted using algos such as AES256 and SHA512.

You can find more details here: https://en.bitcoin.it/wiki/Wallet_encryption

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June 19, 2014, 09:35:56 PM
 #148

First of all, thank you for this thread! My first post to this forum!

I want to learn about paper wallets and keys more, What is the best place to learn more about this process?

Whats the best way to learn by doing, without risking a lot of bitcoin?
Paper (and wood like the OP is offering) wallets are just another way to store BTC.  There are any number of services out there that will allow you to create, or will create for you, such a wallet.  You can print them from your home printer, burn them into wood, engrave them into metal, or just write them down by hand on a piece of paper.

Any wallet, be it paper, wood, metal, or electronic consists of two important parts: a public key and a private key.  The public key is what you give to other people so they can send you coins.  The private key is what allows you to access those coins and send them to others.  Think of this kind of like your bank deposit box.  Your bank will give you a key to open the box and deposit things.  Only they have the key to open it from the other side and retrieve the deposits.

If you go to blockchain.info, they've got a pretty decent tutorial.  Check it out here: https://blockchain.info/wallet/paper-tutorial

Jonny's Pool - Mine with us and help us grow!  Support a pool that supports Bitcoin, not a hardware manufacturer's pockets!  No SPV cheats.  No empty blocks.
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August 29, 2014, 02:36:46 AM
 #149

I'm reviving this thread (:
Let me know if you have any questions!

thecast
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August 29, 2014, 12:38:25 PM
 #150

If everyone gets told to forget about mining, who will do the mining until 2114? coz the current miners will be all dead by then  Huh
JohnFromWIT
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August 29, 2014, 02:36:35 PM
 #151

If everyone gets told to forget about mining, who will do the mining until 2114? coz the current miners will be all dead by then  Huh


Whoever comes after I guess the current miners, it will likely me more like a business soon enough.
So people will go to work at the mines, work as maintenance and get paid a wage, while there will be heads of the company on top reaping the benefits and deciding what changes to make to the company direction.

Is it 2114 or 2140?

BitCoinDream
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The revolution will be digital


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August 29, 2014, 03:08:27 PM
 #152

If everyone gets told to forget about mining, who will do the mining until 2114? coz the current miners will be all dead by then  Huh

People are not discouraged about mining in general. They are discouraged to mine with CPU. If u can set up your own GPU rig, U can still make some coins by pointing to a pool, not to mention ASICs are the best performer till date.

bittown
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August 29, 2014, 03:14:27 PM
 #153

How can I burn a cold storage wallet on a cd if I am running a live cd of ubuntu (only one cd slot avaiable)?
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August 29, 2014, 11:38:27 PM
 #154

Quote from: JohnFromWIT link=topic=645750.msg8585002#msg8585002 [/quote
Is it 2114 or 2140?

You're correct, 2140

How can I burn a cold storage wallet on a cd if I am running a live cd of ubuntu (only one cd slot avaiable)?

I don't believe it's possible. If anyone else has any ideas on whether it's possible or not feel free to chime in.

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August 30, 2014, 01:46:23 AM
 #155

How can I burn a cold storage wallet on a cd if I am running a live cd of ubuntu (only one cd slot avaiable)?

Have at least two cd drivers? Think there are some that are USB.

Or make a live USB instead?

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devthedev
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August 30, 2014, 03:53:02 AM
 #156

How can I burn a cold storage wallet on a cd if I am running a live cd of ubuntu (only one cd slot avaiable)?

Have at least two cd drivers? Think there are some that are USB.

Or make a live USB instead?

That would work as well, the second method would overall be better. Faster boot, more reliable, etc.

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August 30, 2014, 11:24:05 AM
 #157

Interesting thread dev, Just want to know what your thoughts are on mobile wallet security? I like to put a small bit of btc on my phone (coinbase wallet) when I go out just in case I see that 'bitcoin accepted' sticker.
I use 2fa and also encrypt my phone, anything else you can think of that I should do?
I only keep a small amount on phone but I'm far from rich and don't want to loose what little btc iv got.
Keep up the goods work.

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August 30, 2014, 01:12:48 PM
 #158

Dev, you are going more and more into helping Newbs on the forums I see Smiley

Anyways, could you help me with a question of mine ? https://bitcointalk.org/index.php?topic=759087

devthedev
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September 01, 2014, 02:37:52 AM
 #159

Interesting thread dev, Just want to know what your thoughts are on mobile wallet security? I like to put a small bit of btc on my phone (coinbase wallet) when I go out just in case I see that 'bitcoin accepted' sticker.
I use 2fa and also encrypt my phone, anything else you can think of that I should do?
I only keep a small amount on phone but I'm far from rich and don't want to loose what little btc iv got.
Keep up the goods work.

Yeah, with 2FA and encryption you should be fine with holding a small amount of Bitcoin with Coinbase. However, if you're planning on holding for the long term I'd suggest using a cold storage device such as the Trezor or a paper wallet.

Could you help me with a question of mine ? https://bitcointalk.org/index.php?topic=759087

Buying a steam wallet code can screw you over, if the seller used a stolen CC.

But can buying a steam gift implicate you in any way ? If the seller used a stolen CC, on maybe a new account, to buy a gift and give it to you ?

I would consider this a grey area. If you knowingly purchase a product that's been purchased with a stolen CC it's a felony in the US.

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September 01, 2014, 03:14:54 AM
 #160

For every 50 questions asked I'll be giving away a product or service!
The next one up is a $200 Amazon.com gift card.
The card will be given to a random user who's asked a question or helped others in the thread!


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