Search content
Sort by
Showing 20 of 1,241 results by Senor.Bla
Re: How come bitcoin is centralized if it can be revised using fork?
There is more then one definition regarding centralization, but the most common is that you need to have more then half (51%) of the mining power.
A fork is something that has nothing to do with centralization as such. Everybody can fork at anytime, but if you fork and nobody uses your fork, then you forked off to a worthless (alt)coin.
Bitcoin has a problem if we fork into two more or less evenly big coins. Such a fork can be initiated by anyone. You can fork with the goal to be more decentralized after the fork, but if and how you achieve this is a different matter.
This leaves only the question how to make sure that a fork has a clean code. Firstly you need the code to be open source and then you can look at the code and see for yourself if it is ok. If you are not able to do so then you will have to trust other who will check it and say if it is ok. But this is the same thing you do now with Bitcoin since you probably don't understand the code we use know. The difference is that many more people have check the Bitcoin code then any other fork till now or in the future.
A fork is something that has nothing to do with centralization as such. Everybody can fork at anytime, but if you fork and nobody uses your fork, then you forked off to a worthless (alt)coin.
Bitcoin has a problem if we fork into two more or less evenly big coins. Such a fork can be initiated by anyone. You can fork with the goal to be more decentralized after the fork, but if and how you achieve this is a different matter.
This leaves only the question how to make sure that a fork has a clean code. Firstly you need the code to be open source and then you can look at the code and see for yourself if it is ok. If you are not able to do so then you will have to trust other who will check it and say if it is ok. But this is the same thing you do now with Bitcoin since you probably don't understand the code we use know. The difference is that many more people have check the Bitcoin code then any other fork till now or in the future.
Bitcoin's anonymity is really a great characteristic. It enables users to use BTC in any transactions with nearly no traces. But is this really a good thing? Let us consider utilizing bitcoin in a negative way. Since bitcoin is considered currency, there is no doubt that a person that needs money will not reject bitcoin even if it involves unethical or illegal act.
Due to the anonymity of bitcoin, some uses bitcoin in a negative way [citation needed]. They can easily use bitcoin in paying others to commit crimes. They can even use bitcoin in bribery and/or money laundering. This characteristic of bitcoin are abused [citation needed] and it will never end well.
For the case of terrorism, terrorist can easily purchase weaponry from other country. With the use of transaction using bitcoin, authorities will have a hard time tracing that transaction thus, will give advantage to the side of terrorists.
This is not an impossible scenario. People can now use bitcoin in any way they want to. It's inevitable.
We had this discussion so many times. The first time it was probably on the day Bitcoin was created. It always boils down to this.Due to the anonymity of bitcoin, some uses bitcoin in a negative way [citation needed]. They can easily use bitcoin in paying others to commit crimes. They can even use bitcoin in bribery and/or money laundering. This characteristic of bitcoin are abused [citation needed] and it will never end well.
For the case of terrorism, terrorist can easily purchase weaponry from other country. With the use of transaction using bitcoin, authorities will have a hard time tracing that transaction thus, will give advantage to the side of terrorists.
This is not an impossible scenario. People can now use bitcoin in any way they want to. It's inevitable.
- Bitcoin is not anonymous. especially if you don't know what you're doing. But it is very hard to trace if you know what you're doing.
- It is pretty much the same with cash and nobody seems to see these points with cash. O wait they just started to notice it and are pushing for a cashless society so we can be controlled better. One more reason to use Bitcoin.
- Bitcoin is a tool. It is neither intrinsic bad or good. It depends on how people use it. It is the same with a knife. A knife is a tool. Most people do good things with knifes and it helps many people with their daily life. But you could also use it for bad things like killing someone. Still nobody would want to forbid knifes.
I want to develop my rank and i know i should post more and i should active properly on this site.I am a junior member on this site but i feel i should more active.
But the problem is sometimes i can't understand that where i will post and what types of post will be more better.
And the other side can you plz tell me that which thread will help me to improve my post and where my post will be more qualified?
There isn't much you can do to boost your rank. Make 14 posts in a 2 week period and your activity will improve by 14 every 2 weeks. More is unnecessary. But the problem is sometimes i can't understand that where i will post and what types of post will be more better.
And the other side can you plz tell me that which thread will help me to improve my post and where my post will be more qualified?
Your next rank is "Member" (Activity: 60) then "Full Member" (Activity: 120) then "Sr. Member" (240) ...
Make good quality posts. It doesn't matter much where, but i would advice you to do it in a section you know something about or want to learn something about.
Should see, as long as BU and SW, both sides can't activate, for a total of 100% to calculate force, side occupied more than 25%, the other party can not be occupied by more than 75%, and now is not the two aspects of competition, but at least four aspects: the SW, BU, 8 m and 1 m (no change)
This is a wooden bridge. Everyone wants to go across the bridge and then nobody can cross the bridge
Advice first put SW. "reason；
1. The voice of The many negative SW believes that after The SW blocks will be limited to 1 m. This is nonsense. After SW if need hard branch expansion, as long as The work force can support The or hard The split ends. The SW can never limit block size.
2. After the SW, if the Core doesn 't support hard branch expansion, can get the team to push hard branch expansion, that is because SW has had been activated, and can no longer and hard bifurcate competition force. The hard the fork is the only option. Not like now stalemate.
3. If the let other schemes, to as by BU, equivalent to a class from the Core rob power, inevitable chaos. The BU team development ability is limited, and certainly not on the basis of the BU to implement SW function. In addition, In addition to the miners, COINS ecosystem is still recognized by most of the Core. So let SW through can your a smooth transition to the greatest among, the to get confusion.
4. For the miners, loose block is not beneficial. Loose block size reduces the transaction fee, on the contrary, if for no plugging condition, transaction fee is quite high. Miners so you do not know from what point of view support block loose. Route according to the Core, to implement SW, then step by step if there is a need to think of some way to hard branch expansion, should be the best use of the block, and to ensure the transaction fee won't be too low, it is more advantageous for miners should be.
Please friendly, release your comment
This is a wooden bridge. Everyone wants to go across the bridge and then nobody can cross the bridge
Advice first put SW. "reason；
1. The voice of The many negative SW believes that after The SW blocks will be limited to 1 m. This is nonsense. After SW if need hard branch expansion, as long as The work force can support The or hard The split ends. The SW can never limit block size.
2. After the SW, if the Core doesn 't support hard branch expansion, can get the team to push hard branch expansion, that is because SW has had been activated, and can no longer and hard bifurcate competition force. The hard the fork is the only option. Not like now stalemate.
3. If the let other schemes, to as by BU, equivalent to a class from the Core rob power, inevitable chaos. The BU team development ability is limited, and certainly not on the basis of the BU to implement SW function. In addition, In addition to the miners, COINS ecosystem is still recognized by most of the Core. So let SW through can your a smooth transition to the greatest among, the to get confusion.
4. For the miners, loose block is not beneficial. Loose block size reduces the transaction fee, on the contrary, if for no plugging condition, transaction fee is quite high. Miners so you do not know from what point of view support block loose. Route according to the Core, to implement SW, then step by step if there is a need to think of some way to hard branch expansion, should be the best use of the block, and to ensure the transaction fee won't be too low, it is more advantageous for miners should be.
Please friendly, release your comment
You have a very long explanation but for me there are no stalemate and the bitcoin core together with Segwit has already won the battle. If you monitor the statement coming from the exchanges they say that they will treat BTU as an alt and in certain countries like the Philippines the existing exchange has already declared that they will only accept bitcoins version from the core which means they will accept segwit and not BTU.
In Bitcoin we allways use the argument that even if a few countries would forbid Bitcoin it would not matter and the people would still use it. So now using the argument that some countries will not accept BU seems like a weak argument.
Why would i care what exchanges say. They make the most money with a hard fork and two coins. They will do what brings them more money not what is best for Bitcoin. I guarantee you that if we have a split and BU wins while Core will be left with just some small percentage, then the exchanges will change their mind very quickly.
But lets hope it will not come to this. Also there is nowhere said it is a either or question. We could have both SegWit and BU.
Die ganzen physischen Coins kann man ja geladen oder ungeladen erwerben. Ich bin mir nicht sicher, welche Variante du hast bzw. was du mit "digitalisieren" meinst. Um welchen Coin/Hersteller handelt es sich den genau? Bei Monero würde ich mir auch überlegen ob ein geladener Coin sinnvoll ist. Wenn micht nicht alles täuscht wird da noch alle halbe Jahr ein Hardfork vollzogen der es eventuell nötwendig macht die Adresse zu wechseln.
There are a few ways to make money with open source. You still can sell data from running those programs or the advertise in them. Some developers get paid to work on open source projects and some do it to boost their reputation. So there are ways to make money, but it's not so easy, that is why we have so few open source exchanges i guess.
Re: Am I missing something or is BTU at 45% of the network hash
This might very well be true, but keep in mind that there is some variance involved, the last 24 hours seem to be higher due to this. The trend is more BU though.
Today I broadcast a transaction.
The amount was deliberately small.... 50c worth of BTC. I wanted to see how it would be treated by the network.
We are 6hrs 30 mins later and the transaction status is still unconfirmed.
The fee, 12c, is low, of course ... given the transaction amount (although not low compared to the trx amount) but does this mean my transaction may never make it onto the blockchain?
I'll leave it overnight and keep watching it tomorrow but how would I know it is time to do something to get it confirmed? And what should that something be?
I've heard, leaving my sending wallet open will usually keep broadcasting and also I heard that one might try adjusting the fee... is that correct?
There are options. 1. Transaction accelerator. 2. RBF Replace By Fee. 3. CPFP Child Pays For Parent. The amount was deliberately small.... 50c worth of BTC. I wanted to see how it would be treated by the network.
We are 6hrs 30 mins later and the transaction status is still unconfirmed.
The fee, 12c, is low, of course ... given the transaction amount (although not low compared to the trx amount) but does this mean my transaction may never make it onto the blockchain?
I'll leave it overnight and keep watching it tomorrow but how would I know it is time to do something to get it confirmed? And what should that something be?
I've heard, leaving my sending wallet open will usually keep broadcasting and also I heard that one might try adjusting the fee... is that correct?
You can wait and the transaction will eventually be confirmed. There is also a chance that it will be dropped after 72 hours.
Can you please expand on that ? I find it very interesting. I only know about double spending but don't know how it's done or how it works. These methods you speak of I have never heard of. Can't you out a brief summary of them instead of just listing them. Not all of us know about these things so maybe a small summary and link would be really great. You could start a thread about it actually as well. It will help others who are interested in the same thing.
Let me give you the basic idea behind it.
1. Transaction accelerator
Miners include the transaction and usually go for the ones with high fees. But they can hand pick them and put even zero fee transactions in if they want to. So there are services where you pay them or ask nicely and they will include you in the next block that they mine. The most popular will be this one: https://www.viabtc.com/tools/txaccelerator/
2. RBF Replace By Fee
The idea is to send the transaction that is awaiting confirmation a second time but with higher fees. The higher fee should make it more attractive to miners to put it in their next block. Not all wallets support this, so this is not possible in all cases.
3. CPFP Child Pays For Parent
The address that is receiving the funds can spend the not yet confirmed Bitcoins with a high fee. This will make the miners want to include this transaction, but in order to do so they will also need to include the first transaction. both should get confirmed.
What is the reason that Bitcoin unlimited members don't creating their own Altcoin (BTU) ?
Then there wouldn't be a hardfork !
Because they don't want to be an Altcoin, they want to be Bitcoin and think that BU is Bitcoin. Bitcoin allows changes to its protocol and they see their change as such. Different developers and clients are ok. I learned that the longest valid chain and the biggest hashrate usually correspond. This is why they have a point to be the Bitcoin in case of a fork with over 50%.Then there wouldn't be a hardfork !
Others view it as a attack where you gain +50% by playing by the rules and immediately after it changing the rules.
And frankly right now this is a political thing and both side sees the other one as threat to Bitcoin so they fight to "kill" the other idea/course of action.
A change of POW will only result in a new race.
but whoever takes up that new race will be fully aware that they'll be kicked to the kerb if they wilfully go against the interests of the majority bitcoin users. if it happens once, it can happen again and they'd better know that.
all they'll have to do is check the smoking ruins that were the chinese cartels.
Re: Bitcoins per bitaddress.org auf Paper Wallet transferieren - sicher oder nicht?
Quote
Danke. Ich würde ja gerne mal wissen wie Leute mit hunderten oder tausenden von Coins diese verwalten..
Da kommt einfach Zehner bzw. Hunderter Staffelung Quote
Ich glaube jede Wallet hat eine Importierfunktion bei der du dann nur noch die private Keys eingeben musst.
es geht noch einfacher - ab-scannen 
ich persönlich habe noch nie etwas eingetippt 
Everybody thinks he is doing the most important part. And what brought us here is capitalism in its purest form.
A change of POW will only result in a new race. It will not be about who can make the fastest specialized processor, but maybe about who can make and run the most individual processors. People will always find a way to centralize.
A change of POW will only result in a new race. It will not be about who can make the fastest specialized processor, but maybe about who can make and run the most individual processors. People will always find a way to centralize.
Re: Bitcoins per bitaddress.org auf Paper Wallet transferieren - sicher oder nicht?
Ich kann dir nur den Tipp geben einfach mal 1-2 Euro zu investieren und das zunächst mit einem kleinen Betrag durch zu spielen. Also Wallet generieren, Bitcoins hinsenden und von dort dann an eine andere Adresse schicken. Das gibt einem eine gewisse Sicherheit und Ruhe wenn es "ernst" wird.
Um die Bitcoin von der Paper wallet irgendwo hinzuschicken braucht es eine wallet. Ich glaube jede Wallet hat eine Importierfunktion bei der du dann nur noch die private Keys eingeben musst.
Change Address wird eine weitere Adresse bezeichnet an die das Wechselgeld geht. Wenn du 1 Bitcoin hast und nur 0,75 an jemanden sendest, dann geht das nicht so ohne weiteres. Es wird alles gesendet und der Rest von 0,25 geht zurück an die Change Address, was entweder die alte Addresse ist oder eine neue. Eine neue erhöht deine Anonymität.
Um die Bitcoin von der Paper wallet irgendwo hinzuschicken braucht es eine wallet. Ich glaube jede Wallet hat eine Importierfunktion bei der du dann nur noch die private Keys eingeben musst.
Change Address wird eine weitere Adresse bezeichnet an die das Wechselgeld geht. Wenn du 1 Bitcoin hast und nur 0,75 an jemanden sendest, dann geht das nicht so ohne weiteres. Es wird alles gesendet und der Rest von 0,25 geht zurück an die Change Address, was entweder die alte Addresse ist oder eine neue. Eine neue erhöht deine Anonymität.
Re: Bitcoins per bitaddress.org auf Paper Wallet transferieren - sicher oder nicht?
Hast du Angst, dass jemand die richtige Zackenform deines Hausschlüssels errät und sich so unbemerkt zu deiner Wohnung/Huas Zutritt verschaft? Das dürfte nämlich wahrscheinlicher sein als das richtige raten eines private Keys.
bitaddress hat einen Link mit dem man sich die Dateien runterladen kann. Einfach offline im Browser öffnen und fertig. Das Problem mit den Zufalls zahlen ist auch Paranoia auf hohem Niveau. Stell dir vor du drücks 10 mal die Leertast. Bei jedem Druck nimmt dein PC die Systemzeit auf. Jedoch nur die Sekunden und Milisekunden. Diese reiht er aneinander und nutzt diese als zufällige Zahl zum generieren der Adresse. Eine Gefahr entsteht eigentlich nur, wenn jemand die genaue Systemuhrzeit deines Rechnes zu diesen 10 Tastendrücken kennt. Dabei bist du offline und nutzt ein neues Linussystem, dass du sofort nach generierung der Adressen löschst. Wem das nicht sicher genug ist, der hat im Leben wohl deutlich größere Probleme.
MMN geht die wirkliche Gefahr immer von User aus. Z.B. lasst du die Wallet offen auf dem Tisch liegen und Freunde kommen vorbei oder du machst ein Foto wo die Wallet im Hintergrund zu sehen ist. Du hast nur ein Exemplar das bei einem Band verlorengeht. Solche Sachen halt.
Drucker reseten meint, dass es drucker gibt die alle Ausdrucke noch einem Digital als Backup speichern, dass will man ja vermeiden. Normale Billigdrucker machen das eigentlich nicht.
bitaddress hat einen Link mit dem man sich die Dateien runterladen kann. Einfach offline im Browser öffnen und fertig. Das Problem mit den Zufalls zahlen ist auch Paranoia auf hohem Niveau. Stell dir vor du drücks 10 mal die Leertast. Bei jedem Druck nimmt dein PC die Systemzeit auf. Jedoch nur die Sekunden und Milisekunden. Diese reiht er aneinander und nutzt diese als zufällige Zahl zum generieren der Adresse. Eine Gefahr entsteht eigentlich nur, wenn jemand die genaue Systemuhrzeit deines Rechnes zu diesen 10 Tastendrücken kennt. Dabei bist du offline und nutzt ein neues Linussystem, dass du sofort nach generierung der Adressen löschst. Wem das nicht sicher genug ist, der hat im Leben wohl deutlich größere Probleme.
MMN geht die wirkliche Gefahr immer von User aus. Z.B. lasst du die Wallet offen auf dem Tisch liegen und Freunde kommen vorbei oder du machst ein Foto wo die Wallet im Hintergrund zu sehen ist. Du hast nur ein Exemplar das bei einem Band verlorengeht. Solche Sachen halt.
Drucker reseten meint, dass es drucker gibt die alle Ausdrucke noch einem Digital als Backup speichern, dass will man ja vermeiden. Normale Billigdrucker machen das eigentlich nicht.
Are you looking for the transaction accelerator? I think you are. Here it is: https://www.viabtc.com/tools/txaccelerator/
I never used it, but i hear people use it a lot lately, so the spots are quickly taken.
I never used it, but i hear people use it a lot lately, so the spots are quickly taken.
First make sure that nobody tries to scam you and that you are on a safe computer/environment.
You could could use Bitcoin Core, but do you really want to wait for +100 GB to download? This will take hours.
There are wallets where you can import your wallet.dat and see if/how much is in it. You will also be able to use it then. I would recommend to make a copy first, before you play around with it.
You could could use Bitcoin Core, but do you really want to wait for +100 GB to download? This will take hours.
There are wallets where you can import your wallet.dat and see if/how much is in it. You will also be able to use it then. I would recommend to make a copy first, before you play around with it.
Also es war eine Überweisung an mein anderes Wallet...dachte ich zumindest. Aber wie gesagt, hab keinen Zugriff drauf Hab ich eine Chance da was zu machen?
Mir ist noch nicht ganz klar was du machen wolltest.Die Adresse an die das Geld gagangen ist (1QEoTvsGSSndRTR1T9PLuMrLoNnzuc8DdD) ist bekannt.
Ist das deine Adresse? Welche Adresse einem selber gehört sollte man schon wissen.
JA. Weiterhin dein Geld, sofern du die private Keys hast.
NEIN. Nicht mehr dein Geld. Da wirst du auch nichts mehr machen können, dofern es nicht eine vorgesehene Bezahlung war.
Re: Do I heed to do something with my coins before and if there is a fork?
Hi All
Simple question.
Do I heed to do something with my coins before and if there is a fork or any other change?
Thanks
This depends how it will play out. But before a possible fork you don't need to do anything so far. After the fork there might be some actions required (to separate your coins), but we will have to see. Just inform yourself before you want to move/spent the coins. Simple question.
Do I heed to do something with my coins before and if there is a fork or any other change?
Thanks
Please pardon me for asking such a basic question.
Who checks that for a particular transaction, your wallet has sufficient money?
If Person A has to send Person B 5 BitCoins, which process validates that Person A wallet has the required amount for the transaction?
Thanks in advance!
That is actually a good question. Who checks that for a particular transaction, your wallet has sufficient money?
If Person A has to send Person B 5 BitCoins, which process validates that Person A wallet has the required amount for the transaction?
Thanks in advance!
Miners verify transactions and put them in a block they try to mine. This means that every confirmed transaction is checked. So how do they check it?
The blockchain is a ledger that contains all transactions. There you can see when a coin was created and if a coin was spend and to which address it was spend. If there is no further address to which the coin was send, then it is still in the current address.
There is also a list of all addresses that hold unspent Bitcoins, so it is easy to check.
edit: also i think all wallets check if you have sufficient funds.
So basically wallets check whether you have sufficient coins for the transaction or not.
And what miners does is 'validate' the transaction (encrypt the transaction data hash) by calculating crypto-graphic hash functions.
Am I right?
So what extra work do miners? They simply take a bunch of those unconfirmed (but verified through the nodes) transactions flying around and put them in a box (confirming them). Once they are in a box they are considered save and all agreed to it.