Thank you for your opinion and clarification of my point. Your statement that Bitcoin uses a decentralized network is fully correct, and I was mistaken here. Also, I realize that TOR provides a high level of anonymity but isn’t always secure. My goal was to show the advantages of TOR against other DNS in terms of privacy and network access, but I see my misunderstanding of professional terms as troubling. Once again, thank you for the comment!
1. Statement "Your Bitcoins in Lobster Wallet are actually real." and "Lobster is a wallet for Stellar Network, not Bitcoin." are conflicted.
2. Bitcoin Core and hardware wallet aren't the only Bitcoin wallet out there.
I want to clarify. Although other Bitcoin wallets exist, including Bitcoin Core and hardware wallets, my goal was to mention additional alternatives just for Bitcoin since that was a proper answer to the question context. Concerning this, I should’ve explicitly stated that different wallets could be used, and I am sorry if I sounded unclear. Thank you for your comment.
1. The thread talks about modifying Bitcoin-Qt 0.6.2 client. So statement "The blockchain client must be configured to mine the Genesis block" is wrong since Genesis block is hardcoded on Bitcoin. See
https://en.bitcoin.it/wiki/Genesis_block.
2. If you create your own altcoin, that means you also need to run your own block explorer for your altcoin.
I appreciate your clarification. According to my very best knowledge, the Genesis block for this particular fork of Bitcoin (Bitcoin-Qt 0.6.2) is hard coded in and therefore can never be mined. I'm grateful for your pointing that out. Also, you're right an altcoin would involve running your very own block explorer which can monitor transactions and blocks. I apologize if my earlier remarks left any ambiguity, and am grateful for the chance to make myself clearer.