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Showing 20 of 177 results by Saltius
Post
Topic
Board Electrum
Re: Electrum personal server is out of date quite a bit.
by
Saltius
on 23/03/2024, 16:39:29 UTC
Yes, that's a bit old based on their GitHub activity why not switch to other Electrum server?
There are 3 alternative options that I know ElectrumX, Electrs, and Fulcrum servers.

If you are looking for guides check the links below

- ElectrumX How To
- Electrs installation guide
- Electrum server on Windows: Fulcrum

Actually years ago I once tried ElectrumX before but my old laptop's pathetic hardware seems insufficient for it. Thus I turned to EPS then.

I may tried Electrs later.

-snip-
Time to move on to other substitutions maybe.
Heads-up, those other Electrum server implementations aren't as "lightweight" as EPS.
If you're looking for similar implementation, Sparrow wallet has a very similar approach to connect to Bitcoin Core but supports descriptor wallet.
That's if you're open to switch from Electrum to Sparrow.

In case someone is interested to merge EPS to Electrum,
Please consider replying to this issue (posted by the dev himself): Fix EPS and build it into Electrum #8142

I notice that Sparrow wallet doesn't come with an android version while Electrum does.
Could I use an Electrum installed android phone to sign transactions generated by sparrow watch-only wallet?
Post
Topic
Board Electrum
Merits 1 from 1 user
Topic OP
Electrum personal server is out of date quite a bit.
by
Saltius
on 22/03/2024, 16:52:06 UTC
⭐ Merited by ABCbits (1)
I reinstalled it last night.

It requires a legacy wallet created in bitcoin-core to serve as an rpc bridge to get onboard the full node.
If the wallet is not a legacy one, then comes the "Only legacy wallets are supported by this command" things when EPS fails to start.

However legacy wallets can't be created in bitcoin-core v26 the latest version neitherby GUI nor commandline nowadays.
I need to add deprecatedrpc=create_bdb in bitcoin.conf at first, then manually create a legacy wallet through commandline.

This whole process above reminds me that EPS is out of date. Time to move on to other substitutions maybe.
Post
Topic
Board Bitcoin Discussion
Re: Jamie Dimon asks, “How do we know Bitcoin supply ends in 21 million”?
by
Saltius
on 20/10/2021, 02:48:56 UTC
At least he knows one truth: Many morons can't distinguish paper bitcoin from true bitcoin on chain.
For those who don't own keys, paper bitcoin looks similar but can be created out from thin air thus cares no shit about 21m cap.

How does he know? Bcz he and his company involve minting those paper shit. He is among the scammers.
Post
Topic
Board Electrum
Re: [Electrum] Send bitcoin to multiple addresses | Mass payment | Multi payment
by
Saltius
on 20/10/2021, 02:41:32 UTC
I don't wan't to use those so-called change addresses provided by Electrum.
Thus I always use pay to many function so I can manually chose change addresses.
If you are not using the provided change addresses so you can redirect the change to a different wallet, perhaps a different address type to confuse transaction heuristics and blockchain analysis, or perhaps to deposit to an account at a service, then that's a great idea and good use of your change.

If, however, you are doing as NeuroticFish suspects and just sending the change back to the same address it came from, then can I ask why you are doing that? It achieves absolutely nothing beneficial, it does not make future transactions any smaller, it does not save you on fees, but it does compromise your privacy and the privacy of other people you are transacting with (and potentially even your security in rare cases).

I haven't reused addresses for quite a few years.

Most time I just choose the next address to the spend address in the wallet address list, and electrum would colour it green so I know it's my wallet's address.

Change jumping to different wallet address of mine happens sometimes for some certain transactions for the benefit you mentioned.
Post
Topic
Board Electrum
Re: [Electrum] Send bitcoin to multiple addresses | Mass payment | Multi payment
by
Saltius
on 18/10/2021, 08:51:48 UTC
I don't wan't to use those so-called change addresses provided by Electrum.
Thus I always use pay to many function so I can manually chose change addresses.
Post
Topic
Board Bitcoin Discussion
Re: Is Gary Gensler good for bitcoin or is he an undercover slimey banker?
by
Saltius
on 30/08/2021, 04:13:16 UTC
We don't need firefighters if there is no fire.
Why do you need censorship resistance when there is none at all?

None at all? WikiLeaks got their financial services access(Visa, MasterCard, etc) revoked because they're leaking information against the government. Bitcoin was their solution to get funding, and lo and behold, WikiLeaks even ended up in a greater situation because bitcoin rose a huge percentage since then.

Is my word too hard for you to understand?
Post
Topic
Board Bitcoin Discussion
Re: Is Gary Gensler good for bitcoin or is he an undercover slimey banker?
by
Saltius
on 30/08/2021, 03:03:16 UTC
We don't need firefighters if there is no fire.
Why do you need censorship resistance when there is none at all?
Post
Topic
Board Bitcoin Discussion
Re: Do you still have thoughts of picking Gold over Bitcoin, read this.
by
Saltius
on 13/08/2021, 07:46:10 UTC
Do you still have thoughts of picking Bitcoin over Ethereum(Or any shitcoins being pumped higher).

Haven't you guys realised that any arguements you made against gold for bitcoin that can be simply changed and used against bitcoin for shitcoins, then they are invalid.
Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin anti-inflation?
by
Saltius
on 13/08/2021, 07:32:14 UTC
I may answer yes without hesitation 4 years ago.

But no at this time.
Is gold anti-inflation?
Check out gold price if you wish,  then think why.

I don't think bitcoin in the future could bypass the tricks getting gold price entrapped right now.
Post
Topic
Board Bitcoin Discussion
Re: What Happens to the People Wanting to Run a Node in 20+ Years?
by
Saltius
on 05/07/2021, 00:55:51 UTC
What happens to the folks wanting to run a full-node in 20+ years when downloading the entire blockchain takes months and months to complete?

The size of the Bitcoin blockchain is increasing by linear progression (about 100GB every two years), while technological advancements in the IT industry continue to grow exponentially. For example, a decade ago, most personal computers had disks drives with a capacity of 320GB or 500GB. Nowadays, most new PCs come with drives that hold 2TB or even 4TB. In fact, storage capacity is doubling every few years and data transfer speeds are increasing even more rapidly.


https://www.statista.com/statistics/647523/worldwide-bitcoin-blockchain-size/

So, unless the rate at which new blocks are generated dramatically changes, there is no concern that blockchain data will surpass the limits of technological advancement in the foreseeable future.


Note:This figure only considers blocks data. If we include chainstate and txindex, it might have crossed 400GB right now.
Post
Topic
Board Bitcoin Discussion
Re: Where would you store your private keys?
by
Saltius
on 30/06/2021, 03:15:34 UTC
Seed words and extra word.

Lookup the seed words in dictionary and write down the page numbers.
Combine those page numbers to serveral groups then add some prefix so that they look like cell phone numbers.
Write those phone numbers in your phone directory.

Keep the extra word in your brain.
Post
Topic
Board Bitcoin Discussion
Re: Staking Bitcoin and other coin freely
by
Saltius
on 30/06/2021, 03:09:40 UTC
Staking bitcoin then got sth else(maybe you call it interest) is an attack vector to bitcoin supply limit.
Post
Topic
Board Bitcoin Discussion
Re: This Bitcoin technology will destroy your favorite altcoin
by
Saltius
on 30/06/2021, 03:03:28 UTC
OP doesn't understand why alts are needed.
Most people need alts bcz they are good pump&dump scam tools.
While bitcoin could also be used as such a scam tool but not as good as alts.
Post
Topic
Board Bitcoin Discussion
Re: In theory there is still another China ban waiting to be launched.
by
Saltius
on 29/06/2021, 01:55:13 UTC
Based on their decisions they might as well just get on with it and ban Bitcoin every week.

As for Tor, can they even actually use it? As using VPNs are illegal as far as I know.

Many VPN providers in China are actually those guys who set up GFW.
They build the wall then make extra money from drilling some holes.
Post
Topic
Board Bitcoin Discussion
Re: In theory there is still another China ban waiting to be launched.
by
Saltius
on 29/06/2021, 01:44:26 UTC
That’s the same thing with every country, if you’re using VPN to access a website that the government has declared illegal then it is illegal. I don’t think VPN itself is what is illegal in China, it is what you’re using it for; if you use it for something illegal, then it is illegal.

It is not the logic of CCP.
In china, establishing international communication channels(VPN e.g.) without the permision from authority is illegal.
While China gov never declared twitter, facebook or bitcointalk illegal.They just block them using GFW and they never admit they block those sites.
But if anyone in China want to explore those sites without permision, one has to violate the law.
Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin Anti-American? Why do patriots turn their backs and go with bitcoin?
by
Saltius
on 28/06/2021, 02:57:57 UTC
Bitcoin is Anit American Goverment to some extent.

But you just arouse my curiosity about your definition of patriots.
Post
Topic
Board Bitcoin Discussion
Topic OP
In theory there is still another China ban waiting to be launched.
by
Saltius
on 28/06/2021, 02:45:49 UTC
According to bitnodes and ethernodes, there are around 150 BTC public nodes and 400 ETH public nodes located in China.

CCP hasn't launched an ISP level blockade yet which is one of the few cards reserved in their hands.

Since BTC has 3000+ nodes in TOR (Can't tell how many ETH nodes in TOR) , I think users in China could still have access to full nodes then.
Post
Topic
Board Bitcoin Discussion
Re: Paraguay to propose Bill that would make Bitcoin Legal Tender
by
Saltius
on 25/06/2021, 03:16:55 UTC
That bill will be read on July 14th.
BTW: Not Pass is one of the possible results.
Post
Topic
Board Bitcoin Discussion
Re: HODL...until when?
by
Saltius
on 22/06/2021, 02:43:59 UTC
Until you can spend it without needing to so call "cash out".
Post
Topic
Board Bitcoin Discussion
Re: Searches for crypto exchanges currently blocked in China
by
Saltius
on 10/06/2021, 01:33:49 UTC
I know this is not a perfect example but isn't it the same country blocked lots of other popular websites?

I haven't seen such websites "collapse" because chain blocked them

Just to show you how China is ridiculously full of censorship, check out how many websites and apps they have blocked so far  Grin

01.    Gmail
02.    Dropbox
03.    Google Apps (Drive, Docs, Calendar, Maps etc.)
04.    Microsoft OneDrive
05.    Slack
06.    Google Play (i.e. no downloading Android apps)
07.    Hootsuite

08.    Facebook
09.    Instagram
10.    Twitter
11.    Snapchat
12.    Pinterest
13.     Quora
14.    Tumblr
15.    Reddit
16.    AO3

17.    YouTube
18.    DailyMotion
19.    Vimeo
20.    Twitch
21.    Periscope
22.    Pandora
23.    Spotify
24.    Soundcloud

25.    New York Times
26.    BBC
27.    Financial Times
29.    Wall Street Journal
30.    Reuters
31.    CNN
32.    TIME

33.    Google (text and voice)
34.    Amazon (Alexa)
35.    Wikipedia
36.    DuckDuckGo

37.    WhatsApp
38.    Facebook Messenger
39.    Telegram
40.    Line
41.    Signal
42.    KaKao Talk (Korean)

43.    Medium
44.    Blogspot

45.   Skype (although it sometimes works, it’s not reliable)
46.   Google Hangouts
47.   Viber

48.   Porn websites
49.   VPN websites
50.   Politically sensitive sites

So it's just another day in China.

51. Bitcointalk since 2013.

Besides, there is a bit difference between the block OP mentioned and you listed.
When users enter those words in your list on chinese serching engines, there are still results. China gov block the access when clicking the result.

But this time, no result about those exchanges would show up.

BTW: Funny thing is, when entering coinbase on baidu, there are still results and valid address returned.