I shall update and reply to every person here :
Update 1:

Quote from: hugeblack on February 17, 2018, 08:50:17 PM

Snip

I am sorry but you have failed to read the OP and you have broke 2 rules :

Quote from: pugman on February 17, 2018, 07:49:36 PM

5. If you spam too much you shall be put on ignore and all your posts will be deleted.Not reading the OP and blatantly posting something will get your post deleted.
9. If a user answers a question correct or is granted merits in another way from this thread then he will not attempt the next question.

Your post is thus disqualified and shall be deleted.

Update 2:

Quote from: BTCforJoe on February 17, 2018, 09:34:44 PM

Great idea, but wouldn't this fit better in Beginners & Help? Either way, can you guys make sure to update either the top post or second post with the questions and answers that are posted throughout this topic? It will be much easier to track that way, and when this topic has multiple pages, newbies won't have to go through pages and pages of Q/A. Just my $0.02! Great job!

Thanks for your feedback Joe. I have kept the first post as reserved only to add questions and answers. I would let you know this rather be in services board than in beginners and help, I don't expect much users to participate there. Feel free to join the contest.

Quote from: eddie13 on February 18, 2018, 12:03:15 AM

I'm not a coder but I'll take a crack at it..

Typically from what I see a legacy addy starts with a 1 and a segwit addy starts with a 3.. Not that this is the end all be all..
As far as I understand, segwit vs legacy transactions use a different code to wright transactions so the data that must be saved in the blockchain to confirm these segwit transactions is more compressed or just smaller than the amount of data you have to save in the blockchain for a legacy transaction to confirm the same/similar transaction..

You save on miner fees paid in this way because fees are based on how much data you have to write to the blockchain, or space taken up in a block..
Space is very limited so the less space you take up with your TX the less you have to pay and the more TXs will fit per block in total..
This makes fees paid per TX cheaper and more room for more TXs per block therefore higher throughput capacity total for all of Bitcoin.. Though we haven't scene a very big change because the space savings aren't drastic and hasn't yet been thoroughly adopted by users (including myself)..

I haven't really been sending around a lot of BTC lately due to craziness and the places I use are all still using legacy addys so to be honest I have not used segwit yet..
When I have the option to choose my fees paid I use a somewhat low fee as compared to the current going rate and supplement them with the accelerators available..

Quote from: pugman on February 17, 2018, 08:44:18 PM

This question may seem too easy but yet most of the users don't know the answer to it.

You are right but it is quite technical, you can only get a layman's explanation from me

Eddie, segwit addresses are of two types. One is bech32(starting with bc1) and the other is P2SH(starting with 3). Note that not all addresses starting with 3 are segwit. Multisig address also start with 3 if I'm not mistaken. So please make some edits and change the answer so that I can quote your answer, do answer bill gator's question too. But otherwise you seem to know what the concept is.

Update 3:

Quote from: killyou72 on February 18, 2018, 08:26:52 AM

How do I properly use oclvanitygen, I keep getting these errors
-Snip-

Hey, you can check blankcode's video here, pretty helpful.
https://m.youtube.com/watch?v=570voL9fPp0

Quote from: killyou72 on February 18, 2018, 08:39:24 AM

That doesn't show how to correct the error
and I should be able to use the gen without internet. so I shouldnt have to use that website
so I got rid of the error by adding the calc address to my C directory
now I get this error
https://postimg.org/image/vq3tdd3qr/

Did you check with the syntax? Do clarify your code with that of here: https://bitcointalk.org/index.php?topic=25804.msg321135#msg321135
Also check this link out: https://legacysecuritygroup.com/index.php/projects/recent/12-software/35-oclvanitygen-compiling-and-use
Github code: https://github.com/samr7/vanitygen
If issue of yours is yet not solved,try asking the technical experts here: https://bitcointalk.org/index.php?board=6.0

I think you have mistaken the purpose of the thread. Sure you can ask questions but this is more of a question/answer to encourage users to learn with the working/functioning of bitcoin. Sorry for any inconvenience caused. Do participate in answering our questions.

Update 4:

Quote from: Betwrong on February 18, 2018, 01:41:47 PM

This is a great initiative!

I'm going to monitor this thread on a daily basis because I find it very interesting to read.

Please do not lock this thread on account of running out of sMerits. Since I have 100+ of them left I would be happy to give my merits to those who you find worthy.
I'm not sure I know how to do it the right way (I mean making people know that they were merited by you actually) but I think you guys can figure it out.
Keep up the great work!

Sure you can handout the merits to users who answer the questions correctly. We'll just announce that if we run out of merits,some one else is free to merit the users. Thanks for your feedback. Cheesy

Quote from: Betwrong on February 19, 2018, 06:42:02 PM

Since my proposal was ignored I will try my luck in answering the question because I need merits too.

Sorry I had a couple of really busy and hectic days. You were not ignored.

Quote from: Fazlurkhan.kz on February 18, 2018, 07:00:48 PM

When a node receives a block, it checks all the previous transactions that tally with the wallet that the sender or the transaction request creator used to send bitcon by means of the reference that each one has as inputs.
The network node has a special record of unspent transactions to speed up the process of checking.

Congratulations.

Quote from: bill gator on February 18, 2018, 04:22:07 PM

killyou72 is hilarious for just asking their question, but I can see how that could easily be confusing.

Nevermind. Cry