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Showing 10 of 10 results by cauciuc08
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Topic
Board Development & Technical Discussion
Topic OP
off chain storage for Bitcoin possible?
by
cauciuc08
on 16/06/2020, 17:49:27 UTC
I wondered if anyone knows more about state channel and off chain storage. We all know that one problem of Bitcoin is scalability.
Off chain storage could be one answer but I don t really understand how that could work.
Has anyone any ideas?
Post
Topic
Board Development & Technical Discussion
Re: can I generate my own Bitcoin Adress?
by
cauciuc08
on 14/06/2020, 16:54:19 UTC
@ranochigo
thank you. It makes sense
Post
Topic
Board Development & Technical Discussion
Topic OP
can I generate my own Bitcoin Adress?
by
cauciuc08
on 14/06/2020, 16:43:30 UTC
hey,
I do understand, that if I want a to get a Bitcoin Adress, me or the a generator chooses by chance a number from a very big pool of number possibilities, then get multilied with a Bais Point on the elliptic curve and so on. But I wondered what if I want to have an Adress like: 1234BATMAN567? I know that a derivation from BItcoin Adress to the private key is not possible. But is that the only reason?
Post
Topic
Board Bitcoin Discussion
Re: same private key?
by
cauciuc08
on 13/06/2020, 11:29:04 UTC
@BlackHatCoiner
thank you
Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Topic OP
same private key?
by
cauciuc08
on 13/06/2020, 11:13:21 UTC
⭐ Merited by vapourminer (1)
hey,
I wonder, even if the probability so small is, if someone else get the same private key as me could he/she spend my Bitcoins and viceversa? would we have the same Bitcoin Adress?
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Network
by
cauciuc08
on 02/06/2020, 16:35:50 UTC
thank you for the answer.

Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Topic OP
Bitcoin Network
by
cauciuc08
on 02/06/2020, 16:06:00 UTC
⭐ Merited by o_e_l_e_o (1)
hey together,

I am interested in Bitcoin ecosystem, and I got a question. Why would I download the Bitcoin Client?
what would be the benefits for me as a user besides of helping the Bitcoin Network to be sustainable?

Thx
Post
Topic
Board Development & Technical Discussion
Re: Bitcoin Consensus. Posibility that a transaction will never be validated?
by
cauciuc08
on 02/06/2020, 09:06:42 UTC
thank you again... you are a very nice person
Post
Topic
Board Development & Technical Discussion
Re: Bitcoin Consensus. Posibility that a transaction will never be validated?
by
cauciuc08
on 02/06/2020, 08:58:23 UTC
wow. Thank you for the explanation. I did some research to understand what are you saying, because I am new in this and now I have thanks to you a much cleaner image, how it is supposed to work.

one more question: are the transactions picked up by chance from the mempool? Are there any criteria besides the econmic ones?
Post
Topic
Board Development & Technical Discussion
Topic OP
Bitcoin Consensus. Posibility that a transaction will never be validated?
by
cauciuc08
on 02/06/2020, 08:37:18 UTC
Firstly let me tell you (very abstractly), how I understood the consenous. If I am wrong, please correct me.

Out there are many miners and each one receive a lot of different transactions, that have to be validated. The one who is faster put all his by others verified transactions into a block.

What if for example my transaction lands by a miner, whose computing power very low is and he will be never able to put my transaction into a block?

Thanks abd best regards