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STRONGS
STRONGS [STRS] is a new cryptocurrency with a great future!
Also, an experienced marketer and trader will join our team after the launch of the project. Our cryptocurrency is based on kHeavyHash algorithm
Main Features
Name: STRONG$
Abbreviation: STR$
PoW algorithm: kHeavyHash
Maximum Coins: 180M
Premine: 100000 STR$ (To be used for rewards, adding to exchanges and promotions)
Block reward: 25 STR$ (50% to miners / 50% to masternodes)
Masternode Pledge: 7000 STR$
Average time to find a block: 50 seconds
Number of blocks to mature: 20
Calculation of difficulty: every 3 blocks
Mining will begin on May 3, 2025
For the first 100 blocks, the reward will be set at 1 STR$ to prevent instamining.
Wallet:
Windows: https://github.com/STRONG-chain/STRONG/releases/download/1.0.1/STRONGS.-v.1.0.1-Release-Win64.zip
Linux: https://github.com/STRONG-chain/STRONG/releases/download/1.0.1/STRONGS.-v.1.0.1-Release-Linux.tar.gz
Roadmap
May 3, 2025 - Start of mining
May 3, 2025 - Launch official pool with 1.5% commission and DDOS protection
May 9, 2025 - Launch of a website
June, 2025 - Exchanges (First Xeggex, Second NOKYC)
PUBLIC RELATIONS
Website: May 9, 2025
AWARDS.
Transfer: 200 STR$
Pools: 200 STR$ (For the first three pools).
STRONGS [STRS] is a new cryptocurrency with a great future!
Also, an experienced marketer and trader will join our team after the launch of the project. Our cryptocurrency is based on kHeavyHash algorithm
Main Features
Name: STRONG$
Abbreviation: STR$
PoW algorithm: kHeavyHash
Maximum Coins: 180M
Premine: 100000 STR$ (To be used for rewards, adding to exchanges and promotions)
Block reward: 25 STR$ (50% to miners / 50% to masternodes)
Masternode Pledge: 7000 STR$
Average time to find a block: 50 seconds
Number of blocks to mature: 20
Calculation of difficulty: every 3 blocks
Mining will begin on May 3, 2025
For the first 100 blocks, the reward will be set at 1 STR$ to prevent instamining.
Wallet:
Windows: https://github.com/STRONG-chain/STRONG/releases/download/1.0.1/STRONGS.-v.1.0.1-Release-Win64.zip
Linux: https://github.com/STRONG-chain/STRONG/releases/download/1.0.1/STRONGS.-v.1.0.1-Release-Linux.tar.gz
Roadmap
May 3, 2025 - Start of mining
May 3, 2025 - Launch official pool with 1.5% commission and DDOS protection
May 9, 2025 - Launch of a website
June, 2025 - Exchanges (First Xeggex, Second NOKYC)
PUBLIC RELATIONS
Website: May 9, 2025
AWARDS.
Transfer: 200 STR$
Pools: 200 STR$ (For the first three pools).
[ANN] PerFix - Trusted & Secure Crypto Project (POW+POS)
https://i.ibb.co/Lx7pwxX/Screenshot-1.png
Specifications
Name PerFix
Symbol PFX
Launched 01-04-2023
Version v1.5.0
Language C++
Hash algorithm ProgPowZ
Consensus POS + POW
Block time 1 minute
Block reward 10 PFX
Maximum Supply 8 (uncapped)
Explorer
https://explorer.perfix.io
Wallet
https://github.com/PerfixCoin/Perfix/releases/download/v.1.5.0/Perfix_v1.5.0.zip
Exchanges
https://xeggex.com/market/PERFIX_USDT
Trusted & Secure Crypto Project
PerFix is a technology that seeks to combine the latest advances in digital finance, decentralized applications and artificial intelligence.
The security of your transactions is ensured by the time-tested CryptoNote protocol. The hybrid POW and POS consensus algorithm makes it possible for anyone to mine and use PerFix.
How to start?
Choose your wallet
To start using PerFix, first of all, you will need a wallet. Visit our downloads page and choose the wallet that suits you.
There are PerFix wallets for different platforms that provide everything you need so that you can start using PerFix right now.
Get some coins
After the wallet is installed, you will need to put some coins into it.
You can use mining to get PerFix coins or buy PFX on a cryptocurrency exchange.
PerFix principles
Safety
Users must be able to trust PerFix for the security of their transactions, without the risk of errors or attacks on the network. All transactions are cryptographically secured using
the latest and most efficient encryption tools.
Privacy
PerFix takes the privacy of its users seriously. The highest level of privacy must be available to all users without exception, whether they are technologically competent or have no idea
how cryptography works. A PerFix user should not feel pressure on their habitual rhythm of life and their expenses due to the risk that other users may find out about them.
Decentralization
PerFix aims to provide the maximum degree of decentralization in both network security and code development. The hybrid POW and POS consensus algorithm prevents specialized
mining hardware (ASIC) from dominating the network and allows for a fair distribution of rewards for finding new blocks. In addition, development and research are carried out within
the framework of global cooperation and are carried out with maximum transparency. Each development decision is open to public discussion and voting.
PerFix development and research
Subnet, smart contracts and decentralized applications
PerFix is launching a subnet and its own Gas Token PFXT on the Avalanche platform, this will enable the project to scale. PerFix users will be able to implement fast smart contracts for
decentralized applications with configurable fees and other benefits of the Avalanche network. To pay for Gas, users do not need to purchase an additional asset, all transactions will be
made with the PFXT token. To convert PFX for the PFXT token, an autonomous decentralized exchange office will be launched.
Neural network and artificial intelligence
Inspired by the successful experience of fellow programmers, PerFix begins research aimed at launching a neural network. Artificial intelligence successfully copes with some tasks,
including helping users with code generation. Artificial intelligence that will generate the smart contract code in the Go (programming language) is the goal of our research! In our
opinion, this technology will give a large influx of new users to the sphere of the blockchain and will make it easier for developers to perform some tasks.
Specifications
Name PerFix
Symbol PFX
Launched 01-04-2023
Version v1.5.0
Language C++
Hash algorithm ProgPowZ
Consensus POS + POW
Block time 1 minute
Block reward 10 PFX
Maximum Supply 8 (uncapped)
Explorer
https://explorer.perfix.io
Wallet
https://github.com/PerfixCoin/Perfix/releases/download/v.1.5.0/Perfix_v1.5.0.zip
Exchanges
https://xeggex.com/market/PERFIX_USDT
Trusted & Secure Crypto Project
PerFix is a technology that seeks to combine the latest advances in digital finance, decentralized applications and artificial intelligence.
The security of your transactions is ensured by the time-tested CryptoNote protocol. The hybrid POW and POS consensus algorithm makes it possible for anyone to mine and use PerFix.
How to start?
Choose your wallet
To start using PerFix, first of all, you will need a wallet. Visit our downloads page and choose the wallet that suits you.
There are PerFix wallets for different platforms that provide everything you need so that you can start using PerFix right now.
Get some coins
After the wallet is installed, you will need to put some coins into it.
You can use mining to get PerFix coins or buy PFX on a cryptocurrency exchange.
PerFix principles
Safety
Users must be able to trust PerFix for the security of their transactions, without the risk of errors or attacks on the network. All transactions are cryptographically secured using
the latest and most efficient encryption tools.
Privacy
PerFix takes the privacy of its users seriously. The highest level of privacy must be available to all users without exception, whether they are technologically competent or have no idea
how cryptography works. A PerFix user should not feel pressure on their habitual rhythm of life and their expenses due to the risk that other users may find out about them.
Decentralization
PerFix aims to provide the maximum degree of decentralization in both network security and code development. The hybrid POW and POS consensus algorithm prevents specialized
mining hardware (ASIC) from dominating the network and allows for a fair distribution of rewards for finding new blocks. In addition, development and research are carried out within
the framework of global cooperation and are carried out with maximum transparency. Each development decision is open to public discussion and voting.
PerFix development and research
Subnet, smart contracts and decentralized applications
PerFix is launching a subnet and its own Gas Token PFXT on the Avalanche platform, this will enable the project to scale. PerFix users will be able to implement fast smart contracts for
decentralized applications with configurable fees and other benefits of the Avalanche network. To pay for Gas, users do not need to purchase an additional asset, all transactions will be
made with the PFXT token. To convert PFX for the PFXT token, an autonomous decentralized exchange office will be launched.
Neural network and artificial intelligence
Inspired by the successful experience of fellow programmers, PerFix begins research aimed at launching a neural network. Artificial intelligence successfully copes with some tasks,
including helping users with code generation. Artificial intelligence that will generate the smart contract code in the Go (programming language) is the goal of our research! In our
opinion, this technology will give a large influx of new users to the sphere of the blockchain and will make it easier for developers to perform some tasks.
I still believe/hope but with every day they remain silent I grow more convinced that coinsmarkets is a scam - and come to think of it - a pretty obvious one at that.
There never has been any info about founder, ceo or the company owning/running the exchange.
Domain is registered to some person in the netherlands who may or may not be a real.
There never has been any info about founder, ceo or the company owning/running the exchange.
Domain is registered to some person in the netherlands who may or may not be a real.
Re: [ANN] YupCoin [YUP] Pos with Masternodes and Decentralized Governance
Trying to join the slack chat.
I don't know the first thing about slack, but it seems I have to be invited to your "workspace" (clicked on the link on the yup crypto homepage).
How do I get invited?
Unless it is totally obvious how to get an invite and I missed it:
I want to point out that this "invite" mechanism is possibly hindering your community to grow.
I'm running a few other masternodes and usually they have a discord channel where I can just drop in (no invite / delays).
BR & Thx in advance,
jhm
I don't know the first thing about slack, but it seems I have to be invited to your "workspace" (clicked on the link on the yup crypto homepage).
How do I get invited?
Unless it is totally obvious how to get an invite and I missed it:
I want to point out that this "invite" mechanism is possibly hindering your community to grow.
I'm running a few other masternodes and usually they have a discord channel where I can just drop in (no invite / delays).
BR & Thx in advance,
jhm
Re: ✅|ANN| DESIRE |NeoScrypt| |MasterNodes| - COIN OF YOUR DREAMS!
what do ?
get WATCHDOG_EXPIRED
"status": "Masternode successfully started"
}
get WATCHDOG_EXPIRED
"status": "Masternode successfully started"
}
Ive been there - just yesterday =)
Some ppl say "WATCHDOG_EXPIRED" is not an issue and it will work regardless.... however, it should not be deal to fix this - so:
Most likely sentinel isnt working correctly.
Try runnig it manually to get the error message / see what the issue is:
--
Code:
cd ~/.desirecore
./sentinel-lin64
--./sentinel-lin64
(Adjust path to where sentinel-lin64 is located on your rig. You may have to use "sudo ./sentinel-lin64").
Re: ✅|ANN| DESIRE |NeoScrypt| |MasterNodes| - COIN OF YOUR DREAMS!
{
"outpoint": "xxxxxxxxxxxxxxxxfb3c3392bxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx",
"service": "79.165.207.31:9919",
"payee": "D9xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxSN",
"status": "Masternode successfully started"
}
Is it means that my masternode is running?
How to check?
Strange wallet without any masternodes tab
No any info about nodes list
No any way to check
Wallet shows masternode started - masternodes.online service shows no any masternode )))
Baddest wallet in the cryptoworld for masternodes
"outpoint": "xxxxxxxxxxxxxxxxfb3c3392bxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx",
"service": "79.165.207.31:9919",
"payee": "D9xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxSN",
"status": "Masternode successfully started"
}
Is it means that my masternode is running?
How to check?
Strange wallet without any masternodes tab
No any info about nodes list
No any way to check
Wallet shows masternode started - masternodes.online service shows no any masternode )))
Baddest wallet in the cryptoworld for masternodes
Exactly. I cannot confirm either. My output is similar to yours but masternode.online shows no masternode for the IP or key.
Is there a way to verify if masternode is running properly or not?
my has status "WATCHDOG EXPIRED"
going to smoke this watchdog ))
Thanks. My status was WATCHDOG_EXPIRED". So I installed sentinel and rebuild the block chain. Now the status is enabled for the past hour.
However when I went to my regular wallet and checked the MNs, my MN comes up with status NEW_START_REQUIRED. Is this normal? If it is not then how do I resolve it?
Ok so I had to delete mncache.dat and mnpayments.dat from my local wallet. Now the MN status shows up as 'Enabled'.
By the way I got my first payment as well.
I still get WATCHDOG_EXPIRED. Tried deleting these 2 files and rebooting / restartig everything many times over to no avail.
What could be the issue here?
masternode as such looks good:
Code:
desire@myhost:~/desire$ ./desire-cli masternode status
{
"outpoint": "5a8XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX0fb024932-1",
"service": "XX.XXX.229.166:9919",
"payee": "DXXXXXXXXXXXXXXXXXXXX9",
"status": "Masternode successfully started"
}
{
"outpoint": "5a8XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX0fb024932-1",
"service": "XX.XXX.229.166:9919",
"payee": "DXXXXXXXXXXXXXXXXXXXX9",
"status": "Masternode successfully started"
}
I am out of things to try...
I guess I am not getting any payments while WATCHDOG_EXPIRED?
Someone mentioned that they do get payments with WATCHDOG_EXPIRED. Those files I deleted was for the different issue. Can you tell me more about your set up? Are you on Windows? Is sentinel running?
After I got the WATCHDOG_EXPIRE error, I installed sentinel. Deleted all the files from Desire except wallet.dat and desire.conf and started the wallet. After that start sentinel. Wait for the wallet to sync fully and then check the MN status.
Weirdest thing I just noticed: When I close and reopen my wallet the status actaully does go to enabled FOR THE TIME THE WALLET IS SYNCING. After the sync is complete it goes right back to watchdog_expired. I am starting to suspect it migt be a network issue between my laptop(windows wallet) and my vps(linux masternode).
Re: ✅|ANN| 🌍DESIRE |NeoScrypt| |🔨MasterNodes🔨| - COIN OF YOUR DREAMS!
{
"outpoint": "xxxxxxxxxxxxxxxxfb3c3392bxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx",
"service": "79.165.207.31:9919",
"payee": "D9xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxSN",
"status": "Masternode successfully started"
}
Is it means that my masternode is running?
How to check?
Strange wallet without any masternodes tab
No any info about nodes list
No any way to check
Wallet shows masternode started - masternodes.online service shows no any masternode )))
Baddest wallet in the cryptoworld for masternodes
"outpoint": "xxxxxxxxxxxxxxxxfb3c3392bxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx",
"service": "79.165.207.31:9919",
"payee": "D9xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxSN",
"status": "Masternode successfully started"
}
Is it means that my masternode is running?
How to check?
Strange wallet without any masternodes tab
No any info about nodes list
No any way to check
Wallet shows masternode started - masternodes.online service shows no any masternode )))
Baddest wallet in the cryptoworld for masternodes
Exactly. I cannot confirm either. My output is similar to yours but masternode.online shows no masternode for the IP or key.
Is there a way to verify if masternode is running properly or not?
my has status "WATCHDOG EXPIRED"
going to smoke this watchdog ))
Thanks. My status was WATCHDOG_EXPIRED". So I installed sentinel and rebuild the block chain. Now the status is enabled for the past hour.
However when I went to my regular wallet and checked the MNs, my MN comes up with status NEW_START_REQUIRED. Is this normal? If it is not then how do I resolve it?
Ok so I had to delete mncache.dat and mnpayments.dat from my local wallet. Now the MN status shows up as 'Enabled'.
By the way I got my first payment as well.
I still get WATCHDOG_EXPIRED. Tried deleting these 2 files and rebooting / restartig everything many times over to no avail.
What could be the issue here?
masternode as such looks good:
Code:
desire@myhost:~/desire$ ./desire-cli masternode status
{
"outpoint": "5a8XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX0fb024932-1",
"service": "XX.XXX.229.166:9919",
"payee": "DXXXXXXXXXXXXXXXXXXXX9",
"status": "Masternode successfully started"
}
{
"outpoint": "5a8XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX0fb024932-1",
"service": "XX.XXX.229.166:9919",
"payee": "DXXXXXXXXXXXXXXXXXXXX9",
"status": "Masternode successfully started"
}
I am out of things to try...
I guess I am not getting any payments while WATCHDOG_EXPIRED?
Re: ✅|ANN| 🌍DESIRE |NeoScrypt| |🔨MasterNodes🔨| - COIN OF YOUR DREAMS!
Hi, trying to setup a masternode.
Followed the instructions here:
https://medium.com/@rmarle70/desire-masternode-setup-guide-ubuntu-125b148280ba
When running
Whet might be the issue here?
Followed the instructions here:
https://medium.com/@rmarle70/desire-masternode-setup-guide-ubuntu-125b148280ba
When running
Code:
make
(just before starting the client) I get this output:Code:
desire@myhost:~/Desire$ make
Making all in src
make[1]: Entering directory `/home/desire/Desire/src'
make[2]: Entering directory `/home/desire/Desire/src'
CXX crypto/libdesireconsensus_la-hmac_sha512.lo
CXX crypto/libdesireconsensus_la-ripemd160.lo
CXX crypto/libdesireconsensus_la-sha1.lo
CXX crypto/libdesireconsensus_la-sha256.lo
CXX crypto/libdesireconsensus_la-sha512.lo
CXX libdesireconsensus_la-hash.lo
CXX primitives/libdesireconsensus_la-transaction.lo
CXX libdesireconsensus_la-pubkey.lo
CXX script/libdesireconsensus_la-desireconsensus.lo
CXX script/libdesireconsensus_la-interpreter.lo
CXX script/libdesireconsensus_la-script.lo
CXX libdesireconsensus_la-uint256.lo
CXX libdesireconsensus_la-utilstrencodings.lo
make[3]: Entering directory `/home/desire/Desire/src/secp256k1'
gcc -I. -g -O2 -Wall -Wextra -Wno-unused-function -c src/gen_context.c -o gen_context.o
gcc gen_context.o -o gen_context
./gen_context
CC src/libsecp256k1_la-secp256k1.lo
CCLD libsecp256k1.la
make[3]: Leaving directory `/home/desire/Desire/src/secp256k1'
CXXLD libdesireconsensus.la
CXX desired-desired.o
CXX libbitcoin_server_a-addrman.o
CXX libbitcoin_server_a-addrdb.o
CXX libbitcoin_server_a-alert.o
CXX libbitcoin_server_a-bloom.o
CXX libbitcoin_server_a-chain.o
CXX libbitcoin_server_a-checkpoints.o
CXX libbitcoin_server_a-httprpc.o
CXX libbitcoin_server_a-httpserver.o
CXX libbitcoin_server_a-init.o
g++: internal compiler error: Killed (program cc1plus)
Please submit a full bug report,
with preprocessed source if appropriate.
See for instructions.
make[2]: *** [libbitcoin_server_a-init.o] Error 4
make[2]: Leaving directory `/home/desire/Desire/src'
make[1]: *** [all-recursive] Error 1
make[1]: Leaving directory `/home/desire/Desire/src'
make: *** [all-recursive] Error 1
desire@myhost:~/Desire$
Making all in src
make[1]: Entering directory `/home/desire/Desire/src'
make[2]: Entering directory `/home/desire/Desire/src'
CXX crypto/libdesireconsensus_la-hmac_sha512.lo
CXX crypto/libdesireconsensus_la-ripemd160.lo
CXX crypto/libdesireconsensus_la-sha1.lo
CXX crypto/libdesireconsensus_la-sha256.lo
CXX crypto/libdesireconsensus_la-sha512.lo
CXX libdesireconsensus_la-hash.lo
CXX primitives/libdesireconsensus_la-transaction.lo
CXX libdesireconsensus_la-pubkey.lo
CXX script/libdesireconsensus_la-desireconsensus.lo
CXX script/libdesireconsensus_la-interpreter.lo
CXX script/libdesireconsensus_la-script.lo
CXX libdesireconsensus_la-uint256.lo
CXX libdesireconsensus_la-utilstrencodings.lo
make[3]: Entering directory `/home/desire/Desire/src/secp256k1'
gcc -I. -g -O2 -Wall -Wextra -Wno-unused-function -c src/gen_context.c -o gen_context.o
gcc gen_context.o -o gen_context
./gen_context
CC src/libsecp256k1_la-secp256k1.lo
CCLD libsecp256k1.la
make[3]: Leaving directory `/home/desire/Desire/src/secp256k1'
CXXLD libdesireconsensus.la
CXX desired-desired.o
CXX libbitcoin_server_a-addrman.o
CXX libbitcoin_server_a-addrdb.o
CXX libbitcoin_server_a-alert.o
CXX libbitcoin_server_a-bloom.o
CXX libbitcoin_server_a-chain.o
CXX libbitcoin_server_a-checkpoints.o
CXX libbitcoin_server_a-httprpc.o
CXX libbitcoin_server_a-httpserver.o
CXX libbitcoin_server_a-init.o
g++: internal compiler error: Killed (program cc1plus)
Please submit a full bug report,
with preprocessed source if appropriate.
See for instructions.
make[2]: *** [libbitcoin_server_a-init.o] Error 4
make[2]: Leaving directory `/home/desire/Desire/src'
make[1]: *** [all-recursive] Error 1
make[1]: Leaving directory `/home/desire/Desire/src'
make: *** [all-recursive] Error 1
desire@myhost:~/Desire$
Whet might be the issue here?
Re: ✅|ANN| 🌍DESIRE |NeoScrypt| |🔨MasterNodes🔨| - COIN OF YOUR DREAMS!
What are the hardware/software requirements for a Masternode?
How much Ram/HD space is required?
I found a couple of guides how install but those are all missig the prerequisites.
How much Ram/HD space is required?
I found a couple of guides how install but those are all missig the prerequisites.
I understand that wallets are essentially like keyrings (storing/managing/possibly even generating keys).
Ive seen that they can (like Exodus' "Receive" button) generate new bitcoin adresses (which is in my mind roughly equivalent to a public key).
1)
Does this mean they generate a completely new keypair (including private) for each time you "receive"?
Or is it (not sure if this is possible) a new address which is linked to an existing private key?
Ive seen that they can (like Exodus' "Receive" button) generate new bitcoin adresses (which is in my mind roughly equivalent to a public key).
1)
Does this mean they generate a completely new keypair (including private) for each time you "receive"?
Or is it (not sure if this is possible) a new address which is linked to an existing private key?
usually the key pair has already been "generated" because most wallets use hierarchical deterministic seeds now. but the wallet UI won't necessarily show a new address until you request it.
the new address is not linked to any previously generated private key. with HD wallets, all key pairs are derived from a single seed, though. sometimes people confuse the "seed" (which all key pairs are derived from) with "private keys" (from each key pair).
2)
If it was a new keypair each time and you woud be receiving lots of transactions you'd end up with hundreds of keypairs/addresses with small amounts of coins "in" them.
Would this not make sending coins an insanely difficult task or at least -transaction fee wise- very expensive (you'd have to make hundreds of small transactions)?
If it was a new keypair each time and you woud be receiving lots of transactions you'd end up with hundreds of keypairs/addresses with small amounts of coins "in" them.
Would this not make sending coins an insanely difficult task or at least -transaction fee wise- very expensive (you'd have to make hundreds of small transactions)?
addresses/public keys do not matter at all in this respect. every output you receive is an output, no matter what address it is sent to. sending outputs to the same address doesn't change anything. 3 outputs in 1 address is no different from 3 outputs in 3 addresses, from a transaction fee standpoint.
I see, so transaction fee wise multiple keys/inputs are a non-issue.
But doesn't this cause still dificulties when you for instance want to - for instance - switch wallets?
I imagine the amount of keys in your wallet will go up constantly (if you have an additional pair everytime you receive coins). And then, when you maybe want to switch wallets you'd have to export all those keypairs and import them to your new wallet. Unless the two wallets (from different developers) use the same data interchange notation (which is unikely imho) youre looking at a lot of effort up to the point where you are effectively locked into a wallet.
For questions 1 and 2, you can generate multiple addresses with only a single private key, these are called deterministic wallets. It can also be recovered using randomly-generated passphrases that acts as a password.
You are confusing a private key with a seed. They are not the same. A wallet uses its seed to generate private keys.
Also, the "randomly-generated passphrase" is not a password. It is a seed. You can use a password to encrypt your seed.
What does a seed look like?
I expeimented with jaxx and came across a seemingly ranom collection of 12 words having something to do with backups.
Is this the seed?
Hi,
ive mostly been using exchanges plus a few self-generated key-pairs for cold storage and am just now getting into wallets.
Thus I have some basic questions.
I understand that wallets are essentially like keyrings (storing/managing/possibly even generating keys).
Ive seen that they can (like Exodus' "Receive" button) generate new bitcoin adresses (which is in my mind roughly equivalent to a public key).
1)
Does this mean they generate a completely new keypair (including private) for each time you "receive"?
Or is it (not sure if this is possible) a new address which is linked to an existing private key?
2)
If it was a new keypair each time and you woud be receiving lots of transactions you'd end up with hundreds of keypairs/addresses with small amounts of coins "in" them.
Would this not make sending coins an insanely difficult task or at least -transaction fee wise- very expensive (you'd have to make hundreds of small transactions)?
3)
I noticed the transaction fees with the wallets I looked at are quite high. Is there a software wallet (not mobile only though - I dont trust smartphones
) which lets you actually chose what you are willing to pay? (I totally don't care if my transaction takes a few days to get picked by a miner and processed.)
Thanks in advance!
ive mostly been using exchanges plus a few self-generated key-pairs for cold storage and am just now getting into wallets.
Thus I have some basic questions.
I understand that wallets are essentially like keyrings (storing/managing/possibly even generating keys).
Ive seen that they can (like Exodus' "Receive" button) generate new bitcoin adresses (which is in my mind roughly equivalent to a public key).
1)
Does this mean they generate a completely new keypair (including private) for each time you "receive"?
Or is it (not sure if this is possible) a new address which is linked to an existing private key?
2)
If it was a new keypair each time and you woud be receiving lots of transactions you'd end up with hundreds of keypairs/addresses with small amounts of coins "in" them.
Would this not make sending coins an insanely difficult task or at least -transaction fee wise- very expensive (you'd have to make hundreds of small transactions)?
3)
I noticed the transaction fees with the wallets I looked at are quite high. Is there a software wallet (not mobile only though - I dont trust smartphones
) which lets you actually chose what you are willing to pay? (I totally don't care if my transaction takes a few days to get picked by a miner and processed.)Thanks in advance!