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Showing 20 of 1,587 results by minersday
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Board Development & Technical Discussion
Re: when has a BIP been merged?
by
minersday
on 07/01/2025, 23:31:33 UTC
I have a question here as well:
What is is the percentage of Core developers that needs to accept the proposal submitted as pull request to the Bitcoin Core repository before a BIP is merged or must all core developers / Bitcoin core contributors with the Bitcoin community come to a  consensus.


The Bitcoin Core development process does not require a specific percentage of core developers to approve a proposal before it is merged. Instead, it relies on achieving consensus among key developers and the broader community. The decision-making process is collaborative and flexible, with lead developers and maintainers playing a significant role in determining which proposals are accepted and integrated into the codebase.

Quote
Secondly is there any possibility that a BIP get merged and isn't part of an upcoming Bitcoin Core release?


Yes, it is possible for a BIP to be merged into the Bitcoin Core repository but not included in an upcoming release. This can occur for various reasons, such as the need for further testing, dependencies on other changes, or prioritization of features. Additionally, some features may be merged as experimental code and not enabled by default in a release, allowing for testing without immediate impact on regular users.
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Topic
Board Bitcoin Discussion
Re: Am I too late to begin thinking of investing in Bitcoin?
by
minersday
on 07/01/2025, 23:23:57 UTC
Good day to everyone on this Bitcoin platform.
I've only come to know about Bitcoin now, and from the things I have heard about Bitcoin I was thinking of trying to invest but on a second thought a part of me seems I have come to know about this too late.
I really do not mind purchasing a little fraction of it and holding for a long time but like I said I still feel like am here too late and that Bitcoin has reached a level where only those who are well to do enough can indulge in it's trade.

Is my being aware of Bitcoin now too late or do I still have a chance?



While it's understandable to feel like you've missed out, the reality is that the Bitcoin market is still evolving, and there are still opportunities for those who are willing to learn and invest wisely. The most important thing is to start with what you can afford, do your research, and have a clear strategy.

If you're still unsure, you could start by investing a small amount and see how it goes. Many people find that once they start learning more about Bitcoin, they become more confident in their investment decisions.
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Board Services
Re: [Open] Bons.io Signature Campaign |The Telegram Casino|Next gen Gaming-Space
by
minersday
on 17/02/2024, 00:38:28 UTC
Bitcointalk Username: minersday
Segwit BTC Address: bc1qm8qjkt9ntrcgug4qy83fa5l6pn5ag3yryk30xl
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Topic
Board Development & Technical Discussion
Re: How do nodes confirm transactions and determine if a block is valid or not
by
minersday
on 09/02/2024, 01:31:47 UTC
I've been trying to understand the concept of bitcoin for a while now, especially its technical aspects, so I've been doing some personal research on my own, but I still find it difficult to comprehend some parts of it.
I learned during my research that a node is a computer on the blockchain network that sends and receives transactions with other nodes while also validating and storing those transactions and I also read that transactions on the blockchain are kept and encrypted within blocks and that a  block's transactions needs to be verified in order for a new block to formed.

I need more explanation because I still don't understand how a node confirms a transaction and determines whether a block is valid, it seems too complicated.



Consensus is the mechanism by which nodes validate blocks and confirm transactions. Consensus procedures in a blockchain network guarantee that all nodes concur on the ledger's current state, including which transactions are legitimate and which blocks ought to be added to the chain.

When a transaction is broadcast across the network, it propagates to all nodes. Each node checks the transaction to ensure that it fits particular conditions, such as having a valid digital signature, spending no more than the sender's balance, and so on.

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Board Bitcoin Discussion
Re: What can happen next time due to a lack of proper knowledge about Bitcoin?
by
minersday
on 02/12/2023, 03:12:48 UTC
In terms of application, Bitcoin will find it difficult to replace all fiat currencies. Bitcoin is a financial innovation that has several advantages over the existing financial system.  It was not intended to completely replace fiat currency, but rather to give an alternative.

Bitcoin, like the Internet, is a revolutionary innovation that offers new ways of existence... however, while the Internet is widely recognized, not everyone in the world has access to it and is surviving.

So, don't let your fear of change lead you to assume that Bitcoin will reduce employment opportunities, because Bitcoin has generated and will continue to create many jobs.
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Topic
Board Bitcoin Discussion
Re: Is bitcoin best option to invest
by
minersday
on 18/08/2023, 07:21:08 UTC
Any investment choice, including Bitcoin, should be founded on thorough study, research, and awareness of the dangers involved. The value of Bitcoin is very speculative and fluctuates. Its value may change significantly over brief intervals, which might result in big gains or losses. If you're considering buying Bitcoin, keep the following things in mind:

The price of Bitcoin is notorious for being extremely volatile. Despite the possibility of large profit possibilities, this volatility carries a considerable risk for investors.

It's critical to conduct a study about Bitcoin, its underlying technology (the blockchain), and its possible applications before making an investment.

Think about your risk tolerance and investing objectives. Bitcoin's price can fall dramatically in a short period of time, so only invest what you can afford to lose.


It's also important to keep in mind that the Bitcoin market is continuously changing and that new innovations, technologies, and rules may have an influence on its dynamics. Take the time to educate yourself fully if you're thinking about investing, and base your selections on your financial status, risk tolerance, and investment objectives.
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Board Services
Re: [OPEN] BC.Game - Crypto Casino | Sig Campaign | Up to 0.003 BTC/W
by
minersday
on 21/06/2023, 20:55:12 UTC
Username: minersday
BTC SegWit Address: bc1qarmyngw6v4wug60r4g6s3gyj5z5lak5nc7pcda
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Board Bitcoin Discussion
Re: Bitcoin or banking investment?
by
minersday
on 31/05/2023, 21:22:50 UTC
I believe bitcoin and banks are well renounced investment platforms but many people prefer bitcoin investment despite is very risky because of high demands and rising price interest and banks on the other hand saves millions of people finances all over the world yet their investment interest is very small but less risky than bitcoin. Which do you preferred your money to be save in as investment? Bitcoin or bank! What's your reason?

Your risk tolerance, financial goals, and personal circumstances will influence your decision between Bitcoin and banks as an investment alternative. Bitcoin has the potential for larger rewards, but it also has higher volatility and hazards. Banks offer a more conservative and regulated environment with lower profits, but they also provide more stability and security. It is critical to thoroughly assess your personal financial circumstances, examine your risk tolerance, and diversify your investment portfolio depending on your own requirements and preferences. Consulting with a financial expert might also help you make an educated decision.
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Topic
Board Development & Technical Discussion
Re: Solidity scripts in Bitcoin transactions using Inscriptions
by
minersday
on 21/05/2023, 22:41:33 UTC
Here's a crazy idea. Rather than embedding stupid jpegs in the witness data, what about embedding solidity scripts? The capabilities of Bitcoin could potentially be expanded tremendously. Opinions?

The idea of embedding Solidity scripts directly into Bitcoin's witness data is intriguing, but it is important to analyze the consequences and practicality of such an approach. The scripting language used by Bitcoin is based on a stack-based language that differs from Solidity, the programming language used in Ethereum smart contracts. Embedding Solidity scripts would require considerable changes to the Bitcoin protocol and difficulty in obtaining consensus among network members. Additionally, Bitcoin was created with simplicity and security in mind, so introducing more extensive scripting capabilities may increase the attack surface and potentially jeopardize Bitcoin network security. To ensure integrity and dependability, extensive audits and testing would be required.
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Board Services
Re: [OPEN]Stake.com NEW SIGN CAMPAIGN l UP TO $160/WEEK l 15 HERO & LEG SPOTS OPEN
by
minersday
on 21/05/2023, 22:28:12 UTC
Few spots still open!

Hero & Legendary members only.

Feel free to drop Your applications right below!  Smiley


Bitcointalk Username: minersday
Profile Link: https://bitcointalk.org/index.php?action=profile;u=229588
Post Count: 1623
Forum Rank: Hero
Stake Username: minersday

Will change avatar and signature once accepted.
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Topic
Board Economics
Re: The Role of Education in Financial Literacy
by
minersday
on 21/05/2023, 22:05:02 UTC
Education is very crucial to increasing financial literacy, particularly in the context of bitcoin.  These are some of the reasons why I feel education is essential.

Understanding the Technology: Cryptocurrencies are based on sophisticated technologies such as blockchain. Individuals may gain a better understanding of the underlying principles, the operation of decentralized networks, and the possible advantages and concerns related to this technology through education.

Risk Awareness: Cryptocurrency investments come with unique risks, such as market volatility, regulatory uncertainty, and security threats. Individuals are educated to detect and analyze risks, allowing them to make informed decisions and take necessary safeguards.

Education gives knowledge of numerous investing methods, risk management measures, and portfolio diversification. It enables users to establish smart investing strategies by assisting them in understanding the variables impacting cryptocurrency values, market trends, and technical analysis.

Understanding bitcoin wallets, private keys, and security best practices is critical for safeguarding one's digital assets from theft or hacking. Individuals are empowered by education to preserve their cash and handle the complexities of bitcoin storage and custody.

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Board Bitcoin Discussion
Merits 2 from 1 user
Re: Investing doesn't guarantee you to be rich
by
minersday
on 21/05/2023, 21:51:08 UTC
⭐ Merited by JayJuanGee (2)
People need to understand and remember that investing has risks, and there are no guarantees of profit. Continuous learning, adaptation, and a long-term perspective are required. You may boost your chances of success in investing by equipping yourself with information, being disciplined, and properly managing risks.
To be successful in investing, you must approach it with the correct mentality, knowledge, and tactics. Consider the following fundamental principles:

Research and education: Learn about various investment vehicles, markets, and techniques. Understand the concepts of risk and reward, diversification, and asset allocation. Keep up with market movements and news.

Set Specific Goals: Determine your financial objectives and time span for investing. This will help you make investment decisions and determine the proper amount of risk.

Risk Assessment: Evaluate the risks involved with each investment. Diversify your portfolio by diversifying across asset classes and locations. Review and adjust your portfolio on a regular basis.
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Topic
Board Bitcoin Discussion
Re: The power of digital money
by
minersday
on 21/05/2023, 21:39:15 UTC
Before the existence of bitcoin they're many other digital economic assets that is in line with government policies like crude oil, gold and much more, government where comfortable with this assets trading online, including forex but crypto currency like bitcoin that would have change lives and alienates poverty from the world, government are afraid of its cumulative value.

Bitcoin is an assets that we shouldn't lose or allow to dies off, if you check history of all money weather digital or paper bitcoin circulate faster in values and distributions. As highly respected as dollars not all countries have it but bitcoin is 14 years now, the world is aware of it. Do you think bitcoin will stay if government totally remove their hands or stand against it?

Government rules and cultural acceptability are only two of the many elements that will affect the development and sustainability of bitcoin. Despite the fact that Bitcoin has become incredibly well-known and widely accepted, it is vital to remember that governments are very critical in determining the regulatory landscape for cryptocurrencies. Governments might significantly affect Bitcoin's acceptance and use if they take a strong position against it and impose stringent rules. Government policies may have an impact on how investors feel, how stable the market is, and how people see cryptocurrencies in general.
It is important to note that Bitcoin has some resistance to and independence from political control due to its decentralized structure. Transactions may take place on its peer-to-peer network without the involvement of middlemen or centralized authority. Due to this quality, Bitcoin has remained popular and has survived regulatory difficulties in the past.
It is unclear if Bitcoin would continue to exist and thrive in the absence of government intervention. While it may retain its value and circulation, it may encounter difficulties in attaining widespread adoption and integration into established financial systems in the absence of government collaboration or acceptance.

Bitcoin's future is determined by a complex interaction of elements such as technological improvements, legislative developments, societal acceptance, and market dynamics.
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Topic
Board Bitcoin Discussion
Re: Why is the price of BTC dropping?
by
minersday
on 20/03/2022, 20:58:40 UTC
The price of Bitcoin can be attributed to several things happening at the moment. Take the war between Ukraine and Russia which has led to highly fluctuating market trends globally. In addition, the bull run seems to be over so market is currently having a general correction as expected. Hopefully we can bounce back pretty hard after June.
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Topic
Board Marketplace (Altcoins)
Re: What is the hottest DeFi project right now?
by
minersday
on 19/03/2022, 02:04:18 UTC
Decentralized Finance has opened the way to several other features of earning and generating yield in this space. Now we have gamifi, metafi who knows where this space will metamorphose into in the coming months. Crypto trends move very fast but sometimes I feel crpyto enthusiasts keep on missing out on some of the very ways of generating, growing, and compounding yield while chasing all these new flash in the pan projects that promises x amount of profits yet, in the end, they just become like white elephants.


Staking and providing liquidity is my main game plan anytime I look at DeFi projects. I admire the fact that you're in total control of your investment unlike we have it on lending platforms. Not saying lending is not good though but I feel the committed funds could have done something small other than just earning that tiny APY being offered.

Catching early birds on staking or farming when a project launch is a great way to earn in any DeFi project you're part of. If the APY doesn't get flooded by community members most likely you are likely to gain your initial capital in a few days and start profiting! The beauty of Decentralized Finance!


Ahh, tell me more about this fast space hehe.... Within a year, we have had trends of NFTs, DeFi, Metaverse, Gamifi, Metafi. Talking about DeFi and the simplicity that other projects are bringing to it. Projects like Defiyield, YOP Finance, Revault Network, Pstake Finance.

Among all these defi platforms Pstake finance is the one I use the most as it has an easy to use interface and also lets you compound your stakes in various forms.

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Topic
Board Bitcoin Discussion
Re: What if governments make Bitcoin centralized?
by
minersday
on 19/11/2021, 23:41:41 UTC
First and foremost, people need to understand what the word centralization is. Knowing and understanding what centralization is, will help people from believing or having an assumption that the government has any chance of making bitcoin centralized. Bitcoin will forever remain a decentralized asset and digital currency.  It's quite unfortunate that people still have doubts and don't understand what decentralization and blockchain technology is all about.
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Board Altcoin Discussion
Re: What Is The Fastest Blockchain?
by
minersday
on 19/11/2021, 13:37:57 UTC
Friends, I would like to know what is the fastest blockchain at the moment. I heard about the Tectum blockchain but there is very little information about them. Please kindly share your opinion.

Thanks.


You will need to specify to help people understand what mean when you say the fastest blockchain. There are various ways of ranking and rating blockchain networks. These include: which blockchain network is faster in terms of transaction speed, which is faster in terms of mass adaption, which is faster in terms of increasing marketcap and volume, which is faster in terms of trading volumes per day, week, or year. So you need to be specific with your question.
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Board Bounties (Altcoins)
Re: [BOUNTY] Catena X | Experience the Future of DeFi | Social/Sig Bounty | 3 Weeks
by
minersday
on 14/11/2021, 02:24:21 UTC
#PROOF OF REGISTRATION
Forum Username: minersday
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=229588
Telegram Username:@Ricly9
Participated Campaigns: signature campaign
BSC wallet address: 0x11297ee9C06952349A82E0d20976b1423836F425
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Board Services
Re: [Open] DeFi For You Signature Campaign || Full member+ payout in btc.
by
minersday
on 23/01/2021, 22:40:31 UTC
Bitcointalk Profile Link:  https://bitcointalk.org/index.php?action=profile;u=229588
Current amount of posts (including this one): 1619
Amount of EARNED merit in the last 120 days:  4
bech32 BTC Address for Payouts: bc1qjsrucapdzv06ax4te2vwcwtruwlgw3udq0qtjj



will change signature once accepted
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Topic
Board Bitcoin Discussion
Re: What do you think is the biggest disadvantage of bitcoin?
by
minersday
on 23/01/2021, 17:25:58 UTC

It is very true that Bitcoin has some disadvantages, but you should also understand that there nothing that does not have disadvantages. The disadvantages of bitcoin are what makes it unique. We just need to accept the flaws of Bitcoin and try to understand these flaws in order to take full advantage of Bitcoin in terms of building a decentralized financial ecosystem.


Disadvantage is the risk and volatility, the lack of notification and understanding, with incomplete functions, but which are developing, so Bitcoin is not perfect.

Yes, Bitcoin is not perfect. You should also understand that nothing is actually perfect in this ecosystem we find ourselves. We don't need bitcoin to be perfect.