What is a Bitcoin Wallet? 5 Best Bitcoin Wallets 2020

SantaCoin

SANTA COIN – THE DECENTRALIZED FUTURE Santa coin is a crypto-currency and not much different from bitcoin. Santa coin can be sent at anytime in seconds with only a smartphone and internet connection.
[link]

CryptoAustralia

WELCOME TO THE WORLD OF CRYPTOCURRENCY! Crypto Australia is a subreddit for Australians and New Zealanders to talk about anything related to crypto.
[link]

Why do bitcoin mining fees change through the day?

My bitcoin wallet gives me a recommended mining fee with a time estimation of how long the transaction will take based on the fee I select. I'm new to this but I noticed that the fee this morning is smaller for sending the same amount of bitcoin for a given time estimation (for example if I want my transaction to go through within 30 minutes). It's significantly less. Why is this? Is there a certain time during the day the fees are lowest?
submitted by RedditLuurker to Bitcoin [link] [comments]

Giving away 2 Ledger Nano S wallets for free /r/Bitcoin

Giving away 2 Ledger Nano S wallets for free /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Hire Top Blockchain Journalist & Cryptocurrency Content Writer For Cryptocurrency Based Website

A bitcoin wallet gives users 24/7 access to money. That's a privilege most Americans don't think about. By the time the CryptoCurrency did not come, the people living in the crisis trapped in the economy were financially trapped in their borders, But CryptoCurrency has made it quite easy.
submitted by marvindumont1 to u/marvindumont1 [link] [comments]

Received a Sign on new Nano S but they Spelled it Wrong

Received a Sign on new Nano S but they Spelled it Wrong submitted by PancakeVsWaffle to Bitcoin [link] [comments]

[Winner’s Thread #57] Wow!! I never thought it would be me!!!

What a thrill this is!!!
I honestly was stunned (and a little overwhelmed!) when I realized I’d been picked this month.
I’m relatively ancient for a redditor, thoroughly middle aged - and a little bit of a technological luddite. Setting up accounts and sorting through all of the business end of this has been a learning experience. I don’t know how many hours I spent on that, but it was a lot!! Luckily, with a little bit of handholding from u/lilfruini I feel like I’m in pretty good shape (hope your physics went well!!). I have learned SO MUCH, and if nothing else, I’m grateful for that - I honestly had only the dimmest understanding of bitcoin and now I’ve got a bitcoin wallet! What?!?!
A bit about me… Middle aged like I said before. I’m a speech therapist, a plant lover (as has been noted already!), and I have a very rare neurodegenerative disease called Hereditary Spastic Paraplegia. It’s a progressive disease, and although nobody would wish for something like that, if you’re going to have a neurodegenerative disease, I pretty much have the very best one.
Honestly, I am pretty lucky. I’m in a profession that I love, a place that I love - all of my needs for shelter, food, safety, companionship are met… I know that I’m doing better already than so many, and I have so much to be grateful for in my life.
As to what I plan to do with donations… I had a lot of time yesterday to think about it!!!
First - I need some things for my students - I need a voice amplifier, and some new materials that I can use both in person and for distance learning. If I can find one cheap, I’d also really love to have a second monitor to make teletherapy easier to manage. I’ve already spent so much of my own money on teachers pay teachers and other sites, but there are many more materials and supplies that would help make this challenging school year a little better and easier.
Second - I have my eye on a couple plants - a rubber tree tineke and a manjula pothos… neither of them are very expensive or rare, I just haven’t felt like I had the leeway in my wallet to treat myself to those recently.
And last, but certainly not least. This week just happens to be Spastic Paraplegia Awareness Week! The Spastic Paraplegia Foundation (SPF) is the national organization dedicated to advancing research and finding cures for two groups of closely related, progressive neurological disorders (Hereditary Spastic Paraplegia and Primary Lateral Sclerosis). I have been participating in all of the studies available to me - (knowledge is power!) and although I don’t have a lot of money to donate towards research, I certainly don’t mind being a guinea pig in the hopes that someday a treatment or a cure might be found. There are clinical trials going on in Australia right now and they’re working on funding to bring trials to the US as well. If any of you are so inclined and want to learn more you can check out sp-foundation.org.
Thank you to all - and especially again to u/lilfruini who was an enormous help to me.
update
This has been a crazy 24-ish hours!!
I'm not gonna lie, seeing all the notifications about money coming into my accounts has been exciting, but what's been even more meaningful to me are all the kind words, congratulations, and well wishes from all over the world.
Pandemic, and protests, and fires, and everything else going on in the US this summer... It's worn me down... I've been feeling so very tired deep into my bones. All y'all have reminded me that it's not always this way - hope for humanity restored!! :)
My heart feels full and warm and I sincerely wish that everyone could experience this. It's amazing and even after the money is gone I will remember this feeling.
I'm not a millionaire! ;)
I haven't done the exact math, but I'm a thousandaire for sure. I hope all of you who have donated know that I genuinely appreciate it and I will be certain to put this money to good use. I've tried to keep up with thanking everyone - if I missed you it wasn't intentional (except for that one guy - he was a jerk!!)
Thank you, thank you, thank you for giving me this amazing gift.
Everything listed should result in direct lines of payment to elle-mnop. We ask all users to donate at least $1 USD. The Drawing is also listed for users who want to see the results and confirm the validity of the winner.
Drawing: https://reddit.com/millionairemakers/comments/iez1uz/draw_57/
PayPal: PayPal.Me/ElsjeC
Venmo: @elle-el-l
Bitcoin: 1M9TJvPpq5zdkbRtmq6L4G84FLUQQ8MMQ5
Ethereum: 0x27d1E8A8D433E45275FBB6B8f2b79A5aca7A8aC9
Litecoin: LSEyyaiFgcXZf3uvKpq6cxbnpExB9iGBPg
Dogecoin: D5seJW2GRPYg91R8oeBkEDnuiD9YZMXGTf
Nano: nano_1xyr5yxfokh6ww3bt7pdoazgxz7kfa93feomyyqk3juthd3majob3qrcurxc
submitted by elle-mnop to millionairemakers [link] [comments]

Twitter hacking megathread

Notable twitter accounts have been compromised. I'll post as many links as I can below. I'll scrape and attribute from the comments over time.
Users compromised (non exhaustive): Apple Uber Cashapp Ripple A lot of Crypto Companies (Bitcoin, Coinbase, Gemini, Coindesk, Binance, etc.) A lot of Crypto personalities (Charlie Lee, CZ Binance, Justin Sun, etc.) NYSE Bill Gates Elon Musk Jeff Bezos Kanye West Obama Joe Biden Mr Beast Floyd Mayweather XXXTentacion Wiz Khalifa Warren Buffett credit to zia1997
You can watch the Bitcoin wallet here
Here is a link to a twitter search to see who all is tweeting the hacked message. Credit to ppratik96
https://twitter.com/Cian_911/status/1283508808594132993?s=20
https://twitter.com/RachelTobac/status/1283509795316658176?s=20
https://twitter.com/YarnoRitzen/status/1283515596731297798?s=20
https://twitter.com/oneunderscore__/status/1283507013755056128?s=20
https://twitter.com/jasonbaumgartne/status/1283505889299832832?s=20
https://twitter.com/elonmusk/status/1283504320848306177?s=20
https://twitter.com/oneunderscore__/status/1283503577760137219?s=20 Cian :fourleaf_clover: @jasonbaumgartne @oneunderscore_ @BrandyZadrozny Bezos hacked too, just seconds ago
CNBC: https://www.cnbc.com/2020/07/15/hackers-appear-to-target-twitter-accounts-of-elon-musk-bill-gates-others-in-digital-currency-scam.html originally posted by spoons42
Mashable: https://mashable.com/article/elon-musk-coinbase-binance-twitter-accounts-hacked-cryptocurrency-scam/
TechCrunch: https://techcrunch.com/2020/07/15/twitter-accounts-hacked-crypto-scam/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8
Business Insider: https://www.businessinsider.com/hackers-bitcoin-crypto-cashapp-gates-ripple-coindesk-twitter-scam-links-2020-7 originally posted by youdontknwm3
The Verge: https://www.theverge.com/2020/7/15/21326200/elon-musk-bill-gates-twitter-hack-bitcoin-scam-compromised originally posted by habichuelacondulce
Co-founder of Gemini(crypto currency exchange who got hacked) says they used 2FA and a strong password.
Rumor is an employee panel got hacked which gives access to all Twitter accounts.
Statement from a spokesperson for Bill Gates. "We can confirm that this tweet was not sent by Bill Gates. This appears to be part of a larger issue that Twitter is facing. Twitter is aware and working to restore the account.” (credit to batman_00)
Appears to be a Twitter Employee that was compromised.
Official response from Twitter
submitted by X019 to technology [link] [comments]

BTC for birthday presents.

I would like to start giving friends and family bitcoin and possibly other cryptocurrencies for their birthdays. I was wondering what would be the best way to set this up. Would only be $50 to $150 worth to start off with so no need for a hardware wallet but would like to present it in way that would spike their interest in the wonderful world of bitcoin.
submitted by joewheatley21 to BitcoinBeginners [link] [comments]

XMR.CO is a SCAM!

A couple weeks ago I initiated an exchange for transferring some of BTC to XMR with XMR.CO. I had heard from several places that they were a reputable exchange, so I decided to try it. I sent almost $100 in BTC which took a couple hours to confirm. I provided them with a valid XMR wallet and a valid BTC refund address. No status updated on the exchange page, and no money was ever transferred to my wallet. Naturally I emailed their support [[email protected]](mailto:[email protected]) and got an automated response that they had received my inquiry. I don't include the original exchange ID on here for obvious reasons.
hello, I did an exchange on your website and sent over bitcoin and i have not received anything. I see there is over 25 confirmations now in my electrum walltet and the status on my exchange hasn't changed. What is going on?
and they never sent me an actual email. I tried responding to the automated email they sent me, and sending them a message on wickr as they state as an alternative way to contact them. I have still not got an answer as to why I am missing nearly $100. This is very frustrating, cause I don't see anything else on here stating that xmr is a scam, so I want to make sure everyone knows, so no one else gets scammed like I did. XMR.CO is a total ripoff scam, and they will take your money without giving it back.
BE WARNED!!!
submitted by SolidarityFurever to Monero [link] [comments]

Rough days transcript: the best is yet to come, kill the old system, BUIDL time, we live in a DeFi bubble, power to the edges, voting challenge and rembeber you're in control kids!

Hi everybody, Charles Hoskinson here, live from warm sunny Colorado! Always warm, always sunny, sometimes Colorado. I got my Massey Ferguson hat on. Take that off, see, my hair's all messed up. One of these days and we'll lose all that hair.
It's a rough day today and that markets are terrible down 20 percent for most people and every now and then I talk about price. I rarely do but in general let's talk about the macro. You know crypto is a unique phenomenon. It's a unique thing and these are crazy times. I remember just a few months back when coronavirus first came out and we saw basically everything just bottom out everybody went crazy. They went to cash all asset classes. Just went to hell in a handbasket and I did a video and I said guys our best days are ahead of us as an ecosystem and as an industry and what happened everything got better over time. People started getting more optimistic. You know the reality is that we are seeing an old industry die right now, the legacy financial system.
I just read Biden's tax plan. He wants to treat capital gains as ordinary income and put another 12 and a half percent on top of that. All this stuff and at the end of the day all these new taxes amount to a trillion or so extra dollars I think per year in income... Takes six years to the make back what they printed out of thin air for coronavirus and are willing to print again which begs the question why do we even pay taxes anymore if we can just print money out of thin air? We have a whole movement of people: the AOC crowd wake up every day and they say modern monetary theory, the actual supply, doesn't matter. All that matters is how much can we print and get away with it. This is where we're at as an economy right now and globally speaking a lot of other nations agree with this. So, given that the whole world, the leadership of the world, talking about negative interest rates, they're talking about predatory financial systems hyperinflation. Just print money, modern monetary theory, just print as much cash as you want and we look to the cryptocurrency industry, and god, we got a lot of problems...
I think this (week's market) collapse is probably because one of the most prominent exchanges in South Korea got hit. They got shut down by the South Korean government and they at one time were responsible for a big part of the Kimchi premium and you know what? Korean government might shut down a few more Korean exchanges and usually the market based these things in. We got crazy yield farming weird stuff going on in the DeFi space. All these other local events and their blips they don't really matter that much just like corona in the long term won't matter too much in terms of the markets. What matters is the trend and where are we going. I had a meeting with some people this morning and we talked about revolutionizing the healthcare industry and getting things better in terms of supply chains. I had another meeting with a soon-to-be former Wyoming state representative about how we're going to get governments to adopt blockchain technology. I talk every day to governors, heads of state, congressmen, senators, mayors. Some cities, sometimes very large cities, with millions of people and they all say the same thing. We need help, we need solutions, we're damn tired of the way that the old system is running. You know what? if we don't solve it a lot of people are going to get hurt or continue to be hurt.
The common theme that we all have is no one's happy. Look at the black-lives-matter protests, taking their philosophy of the organization aside, the rank and file people are there not because they love Marxism. They're there because they're unhappy with the way society is and why shouldn't they be? When my grandfather, got his first job, on my mom's side, out of the Korean war, he was a lineman and he made enough money from that job to have seven kids and have his wife stay at home. No college degree, fresh out of high school, fresh out of marine demolitions and a lineman. Five boys and two girls and he could take care of that family and save money every month. Have a car and a house and that was his standard of living. How many people in the middle class today in the United States or Europe for that matter have the ability on a single person's salary to raise seven children and have the wife or the husband stay at home? How many people, not many, why? because our monetary system has failed us. The inflationary policy has created a situation where the Jeff Bezos can have 200 billion dollars and make windfall profits every year regardless of how bad the economy is. The everyday people they don't get a pay increase, so in a lot of cases they don't get to keep their job and their money deteriorates in value a lot more than three percent per year.
Our industry has principles in that we worship the math and the protocols and the stable monetary policy. These types of things, and as corrupt as some of the exchanges can be, and some of the bad actors are, all movements suffer from these warts, and they're finite and temporary. You run out of them. At some point self-regulation kicks in or standards kick in and these bad actors flush out and what's left behind is a crucible that contains the truth of the matter which is: we're going to win as an industry. There's just no doubt in my mind. You have bad days in the market, you have damn good days in the market, you get addicted to the good ones and you hate the bad ones but at the end of the day it's only going in one direction which is crypto is going to eat the world: every voting system, every property registration system, every monetary system, the next 25 to 50 years is going to be running on the tech we build and others build and running with the principles of power to the edges.
This is the great challenge of our time. To do it in a way that it's fair, transparent, open and doesn't allow a government to co-opt it. It's gonna be a lot of fights here. The least of our concerns and matters are a red day and every now and then I like making these videos to remind people why I'm here and why you should be here too. As toxic as the trolls could be and these other people can be, none of them really matter. Markets don't really matter, what matters are the principles and the purpose behind what we do and you have to ask yourself are you happy with the way that society is? Are you happy with the money in your pocket? Are you happy with the political leadership representing your nations? Are you happy with your future and do you honestly believe if we keep doing the things that we did and continue to do that the future is going to be better or do you think it's going to be worse or stagnant?
I think too many people have woken up and they realize that if we continue doing the things that we do the future is going to be a bad place and they don't want that to happen. We're voting with our wallets, we're voting with our feet and we as a collective industry are waking up and figuring out how to build something better and there's some good days and bad days along the way. Today's a bad one but there are going to be good days tomorrow just like I told you back when corona made everything go into free fall and I told you before and I warned you about with ICO mania.
We're in a DeFi bubble right now, there's no doubt in my mind about that. I saw it in 2017 with ICO mania. I see it here and there's probably going to be worse days ahead in that respect but the trend is always the same and never forget that and never forget that real people are actually adopting these systems and using them. Every day we see more and more and every day that movement grows and what's so humbling is that I know a lot of you are here with me. It used to be pretty lonely space to be in a few years back. You know, the conferences, they didn't have many people. My first bitcoin meetup group in 2011 in Colorado is at the gypsy house cafe I think, in Denver. I registered for the event I showed up. Two people registered myself and another guy and the other guy didn't show up so I had coffee with myself. Compare that with the Shelley summit that we had in July of 2020. 10 000 attendees, 10 000 from all across the world, compare that to where we are at today just nine years later pretty amazing if you think about how fast things have grown and how many fertile beautiful ideas exist in this industry and what this industry is doing for the world as a whole.
That is why we're going to win because at the end of day who can argue against freedom? Who can argue against liberty? Who can argue against putting people in control? The only way you can is when you believe people are stupid, people are evil, people are incapable and I suppose that's a philosophical difference between those who currently lead and the people who want to replace them. The people in charge right now of the world, the big banks, the fortune 500 companies, the media, Hollywood... These things, they're very cynical, people who believe in the worst in us they look at everyday people who sustain and disgust and say these people if left to their own devices will be chaos. These people, if left to govern themselves will burn everything to the ground and destroy everything and every single time I have ever seen a bad event happen what the news doesn't show you and what those people don't talk about is how we come together and help each other out. Someone gets injured in the streets more often than not people show up and help them, people need a helping hand. Someone always shows up more often than not and this is no different. I don't believe the political process is effective anymore in any modern democracy. They've all been co-opted, perhaps they always were but what I do believe is that we can come together and change things economically which is what we're doing.
It's messy building our own money, it is messy building our own industry, it is messy. We make a lot of mistakes along the way. We lose a lot along the way, we collect some scars too while we're at it but progress every year keeps being made. The technology every year keeps getting better. Today, right here right now, provably secure proof of stake protocols are in circulation. They were a fantasy five years ago now they're a fact of life today. Right here right now snarks have evolved by an order of magnitude in every category from validation time to efficiency to proof size in all favorable ways which opens up all kinds of new applications and scalability and privacy. Today, right here right now, layer 2 protocols are more advanced than they have ever been in our industry's history giving us the ability to build payment systems that scale to billions of people. Today, right here right now, we are seeing massive innovations in governance and a fertile environment for things like approval voting, threshold voting, preference voting, quadratic voting, that will enable us to build all kinds of new treasuries and governance systems that eventually will scale to nation states.
As the politicians of today argue whether the post office can properly count paper ballots that people mail we are building voting systems with state-of-the-art cryptography living on phones where you can vote. It's just a tap of a button and enjoy more security than we have ever imagined before. That is the future this movement, is enabling humanity money flowing at the speed of thought and the speed of thought making new money. How can you compete with that? You can't unless you bring people down with cynicism and disdain and ultimately what competing vision do they offer? That you all should be in chains? That we should just be wage slaves? We should just accept that every year our money deteriorates in value? That we should just accept that the rich will get richer the poor get poorer? Every now and then they throw us table scraps and when we get real angry they usurp the movements and then install their own leadership to basically take those movements from us as we've seen so many times before and we will see again. I'm sorry that's not a road I want to walk down and I'm willing to ride rocky waters, crazy markets, crazy people in unlimited FUD and trolling but I will never apologize for believing in the best in people and I will never apologize for believing that if only we give everyone around us the tools to save themselves and society that they can do it.
They don't need great leaders and charisma. No one needs someone to tell them what to do. We all know what to do. We all know how to make the world a better place. We just have to be trusted enough to do it ourselves. You know what for the first time ever we did with bitcoin and then we did it again with ethereum and now we're doing it again with Cardano and we as a movement will continue to do it.
I believe our best days are ahead of us and every day I wake up and there's more people marching with me in that respect and one day it'll be millions and one day it'll be billions and one day all those cynics will be gone, replaced with optimists, who once again believe that tomorrow is going to be better than today and that we're going to leave the world just a little bit better than the way we found it. So, every now and then on a tough day I like making a little message and letting you guys all know it's going to be better and you know what? it will be. Just have to have faith that it will be. So, hold the line, hold strong and have faith in each other and go do something, build something, start something.
Got a lot of podcasts on the way, a lot of things coming down the pipe. For the dc-fund, a lot of opportunities to actually innovate. Multi assets are coming, soon Plutus is coming, soon guys are going to be able to build a lot. Start thinking today what's the business plan? What would you like to change, small or large. You don't complain about voting. Change voting. Your own organization, maybe you belong to a club, do a blockchain-based voting system. Maybe you have some political influence? Have a primary, democrat or republican, or your local primary or country for selecting candidates done with blockchain-based voting. Maybe you want to build a new financial product? Think about it, figure it out. There's so much there, it's all there, it's ready to go, it's for you to take and build and innovate with.
Every day I wake up I try to make the platforms better. I try to push the technology a little further along. I try to hire great people and bring them into our industry. Cardano brought the Haskell industry into the cryptocurrency space. Cardano brought a lot of academics who had never thought about cryptocurrencies into the cryptocurrency space and we made our problems their problems and as a consequence they started solving them in ways we could have never done before. Most importantly Cardano brought a lot of you into the cryptocurrency space and you never thought you'd have this level of control and freedom over the fabric of society in the direction of the human race. Don't let that slip through your fingers. Figure out what you want to do with that super power. Might be small, might be big. I dreamed big, you can dream big too, even if you want to just dream small. Every person counts, every action counts up to the hill. Y'all matter to me and to each other and we're all in this together, never forget that! So, hard day, rough day, tomorrow will be a better one. The day after will even be better. See you guys soon, take care...
Source: https://www.youtube.com/watch?v=qM192wAV4LA
On Kimchi premium: https://www.investopedia.com/terms/k/kimchi-premium.asp
EDIT: title typo -> rembeber -> remember :)
submitted by stake_pool to cardano [link] [comments]

R/sportsbook survey

Good evening my fellow degenerates.
Two years ago there was a sportsbook survey that I stumbled upon. You can find the results Here . I think these results gave a decent idea of the users here, and I figured it'd be good to get an update on that.
If you would like to fill out the survey, the link is Here
Last time there were 500 respondents, so if we can get to that number, that'd be sick. This is my first survey I've ever created, so if there's any issues, feel free to let me know.
Also, please do upvote this for my karma so this stays relevant for sportsbook . I will share the results at the end of this week, just in time for Sunday football :)
EDIT:
So I've made a few edits. In order to see the nice data sets, you can't have it as short answer. Otherwise, it's a wall of text to sift through. I can make it a piechart into google forms, but even then, due to the uniqueness of answers, it's a wide array of colors. I still have all the individual answers shown, but it's about 30 differnet colors in one chart.
Instead, I've made it another multiple choice, with the top answers being the first four choices & then the option of other. So, without further ado, here are your finalists.
For the sports team / player that gives most grief this gives us : Rockets (by a wide margin lol), Cowboys, Clippers, & 76ers. (Flyers, Arsenal, Titans, Colts, Falcons, Islanders all have 3)
For the Capper question : We have Bob, Chasingpayments, YBK, Sidekick, Myself, and None.
For the Sportsbook question: Bovada, Draftkings, Fanduel, Personal bookie, bet365
I still have the array of colors, but hopefully this makes it look a little cleaner. Regardless, you can still see the individual answers if you hover over the graph.
As of right now, we are currently sitting at 1000 responses! This community has truly grown. Some of my favorite answers are : Meat popsicle for gender, Jarrett Culver not staying home for grief, and Jameis Winston & has bad eye sight.
Lastly, I will also give the spreadsheet that I exported it to so we can all view.
Thanks again for everyone's participation
One last edit : As per the 36 responses, here is the link to my bitcoin wallet Here
submitted by Enix1993 to sportsbook [link] [comments]

I feel like this outcome is quite inevitable. CBDCs being created will actually allow bitcoin to be used everywhere as payment by default.

It seems we are moving to a world where all central banks are going to issue a digital currency while banks implement digital wallets to custody them. In other words we will see central bank stable coins in every country soon enough.
For people to be able to send these central bank stable coins between bank wallets in different countries (for example sending a USD CBDC to a bank wallet in Singapore) these CBDCs will all need to be built on a single global blockchain otherwise international money transfer will become impossible.
All CBDCs of the world will need to speak the same language and be able to be transferred globally between wallets.
One solution is the lightning network. Ive heard it stated that any crypto can become lightning compatible so whether you have a CBDC on bitcoin or eth or on a private chain or a side chain, if that chain supports lightning then you will be able to send to and receive from any other chain that supports lightning. Lightning essentially becomes this protocol that connects all chains.
With that being the case it then becomes very easy to imagine a world where everyone can just accept lightning payments, choose which currency they want to receive, and then anyone will be able to send any crypto to them while they receive their desired currency, all transactions and required DEX conversions completed on the fly in real time over lightning. In this sense bitcoin will live alongside CBDCs and people all over the world will be free to choose which crypto they send receive and hold in real time.
Imagine being able to travel anywhere and not have to worry about your finances. Wherever you go on earth everyone accepts lightning and no matter what currency you have its sent and converted into whatever currency they accept. The notion of currency will change, no one will say what forms of payment they accept or what currency they accept anymore, all people will need is lightning.
That seems like an amazing future giving people complete freedom of currency choice while allowing frictionless global commerce.
If central banks want CBDCs to work globally they will need to support lightning and supporting lightning allows bitcoin to live alongside CBDCs allowing bitcoin to be used everywhere CBDCs will be used.
Finally bitcoin will be accepted everywhere by default.
submitted by slvbtc to Bitcoin [link] [comments]

A Sovereign Bitcoiner's Manifesto

Yesterday a post of mine got a good amount of attention in this, my favourite, sub. So I have decided to post it here in full...
More than mildly, it annoys us that we have the tools to be truly sovereign and yet we continue to submit our ourselves, and our bitcoin, to centralised authorities.
"Privacy is necessary for an open society in the electronic age"; yet KYC is demanded before we can trade.
"Not your keys, not your coins"; yet millions of bitcoin sit in the vaults of custodial exchanges and wallets.
For monetary liberty to be widespread it must be part of the social contract. We must come together to deploy decentralised systems that maintain Bitcoin's promise of sovereignty. These tools already exist and they are improving.

Awakening Our Inner Apex Predator

When Satoshi genetically engineered bitcoin, he spliced DNA from organisms that never survived (B-money, Hashcash, Bit gold). This gives bitcoin an incredible amount of survivability and fierceness. It makes it the apex predator of money.
Billions of dollars in cryptocurrency is traded, lent and borrowed on platforms that have self-custody and no KYC. Billions of dollars in cryptocurrency but not bitcoin. This decentralised financial system is called DeFi. Many Bitcoiners deny, ignore and attack DeFi because it is an invention, a mutation, that occurred on Ethereum. This reflexive defensiveness ignores a fundamental truth about Bitcoin: If any technology can provide value for Bitcoin, Bitcoin will simply adopt it. A nuanced view of DeFi recognises that it is composed both of valuable decentralisation but also of cancerous ponzis and evolutionary dead-ends. We will adopt DeFi where it improves Bitcoin DID (Defense-in-Depth) and cauterise the rest.

Defense-in-Depth

Bitcoin maintains its sovereignty through technological, cryptographic means. First and foremost, private keys provide the only means of control and ownership. Second, and most famously, Proof of Work defends the network against attack.
Attackers, however, are not limited to attacking the cryptography or the hashpower in order to limit our sovereignty. They route around and seek any weak links. "Trusted third parties are security holes". We increase the perimeter of defence by eliminating these trusted third parties.

Ethereum is Bitcoin’s Testnet

We will splice the DNA of DeFi into Bitcoin. We will increase Bitcoin's defense perimeter. The tools already exist. Ethereum is our testnet. Let it provide the radioactive pool where mutations are many. Let us observe it as it moves fast and breaks things. We will adopt it's best tools and learn to defend against its worst.
Rootstock, a Bitcoin sidechain, can be our CRISPR in this genetic adoption. We will splice the code from Ethereum dapps and improve upon them.

Cypherpunk Rouges

Cypherpunks write code, share code, review code and copy code. Sovereign individuals use this code. Like the X-men's Rouge, Bitcoiners will absorb the superpowers of others. I have been working on a DeFi dapp for decentralised bitcoin trading and lending. Hopefully you will join me, or better yet, compete with me.
"Those who would give up Liberty, to purchase a little temporary convenience, will have neither Liberty nor convenience." That will be our code.
Onwards.
submitted by OroroThePickpocket to Bitcoin [link] [comments]

I'm trying to be positive but GL's actions are the opposite of intelligence. This is the worst update in A9 history. I'll explain why...

I'm trying to be positive but GL's actions are the opposite of intelligence. This is the worst update in A9 history. I'll explain why...
It's a pretty long rant. You have been warned...
  • Worsened graphics. Same device, much worse graphics for no reason. They literally made the game engine worse.
  • Frame skipping and lagging everywhere. Also game crashes. They said they optimized the game. I bet they forgot to mention that you need a quantum computer to play their casino racing masterpiece.
  • The older bug with the mini map (tap do steer players can't tap in that area) is back.
  • The infamous lagging screen after every freaking race (what the hell are they doing in background that the phones become so hot? bitcoin mining?). They still didn't fix it after the recent hotfix! Who pays these clowns who can't even revert some dumb changes?
  • The unfair SE. There are hardly tokens offered. They keep reducing the rewards until there will be nothing left except uncommon parts and a few credits. They expect us to play hundreds of races for peanuts. The finest greediness. Also how come SE still shares the same tickets pool with daily events? They are different things!
  • Same old stinky GP. Everyone knows what is wrong with this thing that has nothing in common with real grand prixes except the name. Most regular players don't win keys. Why should we even bother anymore?
  • The hard Unleashed event. They put the same required time 0:51 despite the cars having different rankings. They don't have the expression "fair play" in their dictionary.
  • Credits heist is good in theory. In practice they added the awful police besides the aggressive AI to make sure you can't get those credits. They also added stars requirements for good measure. Also they made it that way you need to play too many races if you want all rewards. Efficiency is again not in their dictionary.
  • The new MP format which encourages dumb grinding to get some decent milestones.
  • The club rewards remain a joke.
  • You need to complete 250 conditions in SE just to have the chance to buy packs! Whatever GL idiot who thought of that should have his head smashed on his monitor.
  • They still didn't fix that stupid error with no internet connection! My internet is working, it's not my fault you can't code a decent internet connection algorithm.
  • The cheaters are still dominating MP. The Android version has such a poor security that every schmuck can abuse the game. I wonder if anyone even reads those in game reports or are there as placebo effect.
  • Did you check how much internet traffic this game consumes? What the fxx-k they transfer that A9 needs gigabytes of data every month just to play it?
  • Should I mention the bunch of useless employees called Customer Care? An appendix is more useful than them.
  • etc
But we have emoticons! And new cars while most of us didn't even max out or unlock many of the previous premium cars. Give me a reason why should I keep playing...

I hope your wallet is as big as their greediness..
submitted by SpaceGenesis to Asphalt9 [link] [comments]

Elongivegift

In response to President Trumps announcement about him having COVID, Elon Musk replied saying he was giving away BTC or ETH. So if you transferred .5 to the wallet, he would give 1 btc back. Did anyone else do this? His tweet is gone and the site is gone. It really looked legitimate and people were commenting saying thank you. If this was him being hacked I feel like an idiot because I pretty much sent all of my bitcoin.
submitted by loopo26 to Bitcoin [link] [comments]

[Discussion] Let's talk about CakeWallet and how it's "marketed" here

Hello to all,
First, I want to start this discussion by specifying that I have nothing against CakeWallet, I only want to talk about their marketing on this sub-reddit nothing else.
For the past few months, I've been following this sub-reddit on a regular basis as I'm a big Monero user. I look at a lot of questions and hesitate very regularly to create an account to answer them. In doing so, I often notice new users asking how to switch from Bitcoin to Monero or others asking for a wallet where to store them. I have nothing against CakeWallet "ads" when the person themselves are looking for a place to store them (when it's not excessive) but on the other hand, I find it goes too far when a user asks how to get Monero. This is where I think the dilemma begins.
I see far too many "Use CakeWallet it offers exchange!" messages on this kind of request, if this wallet offered an internal exchange solution where no other third party is involved I would agree with it, but in this case it's not. The 2 exchangers are available online and the exchange can be done WITHOUT the need to download the application and make the exchange on it. In this case, many will say to me "But they need a wallet" or "It's more safe!" but in most cases, these users already use a wallet and don't expect to be given another one just to make an exchange, regarding the fact that it's more "secure", giving a link directly or giving the list of possible exchanges from the official website seems more suitable to me.
Here are some examples of what I am talking about: 1- https://www.reddit.com/Monero/comments/iirl1m/should_i_trust_bitni/g38xq9x/ 2- https://www.reddit.com/Monero/comments/ihl3z2/dumb_question_but/g3296x1/ 3- https://www.reddit.com/Monero/comments/igh5sd/watch_out_fake_morphtoken_website/g2vjb0u/ 4- https://www.reddit.com/Monero/comments/id105b/reverse_xmrto/g265wiy/ | https://www.reddit.com/Monero/comments/id105b/reverse_xmrto/g26zb80/
I agree with advertising in general, especially when it affects Monero, but isn't that a bit too much? Shouldn't Rule 6 come into play in such cases? Knowing that CakeWallet is a company that delivers a product, it should fall under this rule and should be limited, I find that this kind of post is just a loophole to propagate the idea of this wallet. As time goes by, I hardly see "Use the official wallet" or any other such option. Wouldn't it be a good idea to share official documentation about wallets and exchanges in general, which would allow the user to make an unbiased choice? (https://web.getmonero.org/ - Get Started "Choose a Wallet" and "Get Some Coins")
Again, I underline the fact that I have nothing against CakeWallet, I use it myself when I can't access my computer, I just find their way to advertise really excessive and would have liked to talk about it with all of you.
Constructive answers are welcome!
submitted by ThatsMe1784a to Monero [link] [comments]

[OWL WATCH] Waiting for "IOTA TIME" 27;

Disclaimer: This is my editing, so there could be always some misunderstandings and exaggerations, plus many convos are from 'spec channel', so take it with a grain of salt, pls.
+ I added some recent convos afterward.
--------------------------------------------------​
📷
Luigi Vigneri [IF]어제 오후 8:26
Giving the opportunity to everybody to set up/run nodes is one of IOTA's priority. A minimum amount of resources is obviously required to prevent easy attacks, but we are making sure that being active part of the IOTA network can be possible without crazy investments.
we are building our solution in such a way that the protocol is fair and lightweight.

📷
Hans Moog [IF]어제 오후 11:24
IOTA is not "free to use" but it's - fee-less
you have tokens? you can send them around for free
📷
Hans Moog [IF]어제 오후 11:25
you have no tokens? you have to pay to use the network
📷
lekanovic어제 오후 11:25
I think it is a smart way to avoid the spamming network problem
📷
Hans Moog [IF]어제 오후 11:26
owning tokens is essentially like owning a share of the actual network
and the throughput it can process
📷
Hans Moog [IF]어제 오후 11:26****​
if you don't need all of that yourself, you can rent it out to people and earn money
📷
Hans Moog [IF]어제 오후 11:27
mana = tokens * time since you own them
simplified
📷
Hans Moog [IF]어제 오후 11:27
the longer you hold your tokens and the more you have, the more mana you have
but every now and then you have to move them to "realize" that mana
📷
lekanovic어제 오후 11:28
Is there any other project that is using a Mana solution to the network fee problem ?
📷
Hans Moog [IF]어제 오후 11:28
nah
the problem with current protocol is that they are leader based
📷
Hans Moog [IF]어제 오후 11:29
you need absolute consensus on who the current leaders are and what their influence in the network is
that's how blockchains works
📷
Hans Moog [IF]어제 오후 11:29
if two block producers produce 2 blocks at the same time, then you have to choose which one wins
and where everybody attaches their next block to
IOTA works differently and doesn't need to choose a single leader
we therefore have a much bigger flexibility of designing our sybil protection mechanisms
in a way, mana is also supposed to solve the problem of "rewarding" the infrastructure instead of the validators
in blockchain only the miners get all the money
running a node and even if it's one that is used by a lot of people will only cost
you won't get anything back
no fees, nothing
the miners get it all
📷
Hans Moog [IF]어제 오후 11:31
in IOTA, the node operators receive the mana
which gives them a share of the network throughput
📷
Hans Moog [IF]어제 오후 11:32
because in blockchain you need to decide whose txs become part of the blocks
and it's not really based on networking protocols like AIMD
📷
lekanovic어제 오후 11:33
And the more Mana your node have, the more trust your node has and you have more to say in the FPC, is that correct?
📷
Hans Moog [IF]어제 오후 11:33
yeah
a node that has processed a lot of txs of its users will have more mana than other nodes
and therefore a bigger say in deciding conflicts
its a direct measure of "trust" by its users
📷
lekanovic어제 오후 11:34
And choosing committee for dRNG would be done on L1 protocol level?
Everything regarding Mana will be L1 level, right?
📷
Hans Moog [IF]어제 오후 11:35
Yeah
Mana is layer1, but will also be used as weight in L2 solutions like smart contracts
📷
lekanovic어제 오후 11:35
And you are not dependant on using SC to implement this
📷
Hans Moog [IF]어제 오후 11:35
No, you don't need smart contracts
That's all the base layer
📷
Hans Moog [IF]어제 오후 11:37
'Time' actually takes into account things like decay
So it doesn't just increase forever
It's close to "Demurrage" in monetary theory
📷
lekanovic어제 오후 11:36
For projects to be able to connect to Polkadot or Cosmos, you need to get the state of the ledger.
Will it be possible to get the Tangle state?
If this would be possible, then I think it would be SUPER good for IOTA
📷
Hans Moog [IF]어제 오후 11:38
Yeah but polkadot is not connecting other dlts
Just inhouse stuff
📷
Hyperware어제 오후 11:39
Is there still a cap on mana so that the rich don't get richer?
📷
Hans Moog [IF]어제 오후 11:39
Yes mana is capped
📷
TangleAccountant어제 오후 11:39
u/Hans Moog [IF] My first thought is that the evolution of this renting system will lead to several big mana renting companies that pool together tons of token holders mana. That way businesses looking to rent mana just need to deal with a reliable mana renting company for years instead of a new individual every couple of months (because life happens and you don't know if that individual will need to sell their IOTAs due to personal reasons). Any thoughts on this?
📷
Hans Moog [IF]어제 오후 11:41
u/TangleAccountant yes that is likely - but also not a bad thing - token holders will have a place to get their monthly payout and the companies that want to use the tangle without having tokens have a place to pay
📷
TangleAccountant어제 오후 11:42
Oh I completely agree. That's really cool. I'll take a stab at creating one of those companies in the US.
📷
Hans Moog [IF]어제 오후 11:42
And everybody who wants to run a node themselves or has tokens and wants use the tangle for free can do so
But "leachers" that would want to use the network for free won't be able to do so
I mean ultimately there will always be "fees", as there is no "free lunch".
You have a certain amount of resources that a network can process and you have a certain demand.
And that will naturally result in fees based on supply / demand
what you can do however is to build a system where the actual users of that system that legitimately want to use it can do so for free,
just because they already "invest" enough by having tokens
or running infrastructure
they are already contributing to the well-being of the network through these two aspects alone
it would be stupid to ask those guys for additional fees
and mana essentially tries to be such a measure of honesty among the users
📷
Hyperware어제 오후 11:47
It's interesting from an investment perspective that having tokens/mana is like owning a portion of the network.
📷
Hans Moog [IF]어제 오후 11:48
Yeah, you are owning a certain % of the throughput and whatever the price will ultimately be to execute on this network - you will earn proportionally
but you have to keep in mind that we are trying to build the most efficient DLT that you could possibly ever build
📷
semibaron어제 오후 11:48
The whole mana (tokens) = share of network throuput sounds very much like EOS tbh
Just that EOS uses DPoS
📷
Hans Moog [IF]어제 오후 11:50
yeah i mean there is really not too many new things under the sun - you can just tweak a few things here and there, when it comes to distributing resources
DPoS is simply not very nice from a centralization aspect
📷
Hans Moog [IF]어제 오후 11:50
at least not the way EOS does it
delegating weights is 1 thing
but assuming that the weight will always be in a way that 21 "identities" run the whole network is bad
in the current world you see a centralization of power
but ultimately we want to build a future where the wealth is more evenly distributed
and the same goes for voting power
📷
Hans Moog [IF]어제 오후 11:52
blockchain needs leader selection
it only works with such a centralizing component
IOTA doesn't need that
it's delusional to say that IOTA wouldn't have any such centralization
but maybe we get better than just a handselected nodes 📷
📷
Phantom3D어제 오후 11:52
How would this affect a regular hodler without a node. Should i keep my tokens elsewere to generate mana and put the tokens to use?
📷
Hans Moog [IF]어제 오후 11:53
you can do whatever you want with your mana
just make an account at a node you regularly use and use it to build up a reputation with that node
to be able to use your funds for free
or run a node yourself
or rent it out to companies if you just hodl
📷
semibaron어제 오후 11:54
Will there be a build-in function into the node software / wallet to delegate ("sell") my mana?
📷
Hans Moog [IF]어제 오후 11:55
u/semibaron not from the start - that would happen on a 2nd layer
------------------------------------------------------------------------------------------------------------
📷
dom어제 오후 9:49
suddenly be incentive to hold iota?
to generate Mana
📷
Hyperware오늘 오전 4:21
The only thing I can really do, is believe that the IF have smart answers and are still building the best solutions they can for the sake of the vision
📷
dom오늘 오전 4:43
100% - which is why we're spending so much effort to communicate it more clearly now
we'll do an AMA on this topic very soon
📷
M [s2]오늘 오전 4:54
u/dom​ please accept my question for the AMA: will IOTA remain a permissionless system and if so, how?
📷
dom오늘 오전 4:57
of course it remains permissionless
📷
dom오늘 오전 5:20
what is permissioned about it?
is ETH or Bitcoin permissioned because you have to pay a transaction fee in their native token?
📷
Gerrit오늘 오전 5:24
How did your industry partners think about the mana solution and the fact they need to hold the token to ensure network throughput?
📷
dom오늘 오전 5:26
u/Gerrit considering how the infrastructure, legal and regulatory frameworks are improving around the adoption and usage of crypto-currencies within large companies, I really think that we are introducing this concept exactly at the right time. It should make enterprise partners comfortable in using the permissionless network without much of a hurdle. They can always launch their own network if they want to ...
📷
Gerrit오늘 오전 5:27
Launching their own network can’t be what you want
📷
dom오늘 오전 5:27
exactly
but that is what's happening with Ethereum and all the other networks
they don't hold Ether tokens either.
📷
Gerrit오늘 오전 5:32
Will be very exciting to see if ongoing regulation will „allow“ companies to invest and hold the tokens. With upcoming custody solutions that would be a fantastic play.
📷
Hans Moog [IF]오늘 오전 5:34
It's still possible to send transactions even without mana - mana is only used in times of congestion to give the people that have more mana more priority
there will still be sharding to keep the network free most of the time
📷
Hans Moog [IF]오늘 오전 5:35
but without a protection mechanism, somebody could just spam a lot of bullshit and you could break the network(수정됨)
you need some form of protection from this
📷
M [s2]오늘 오전 5:36
u/Hans Moog [IF] so when I have 0 Mana, I can still send transactions? This is actually the point where it got strange...
📷
Hans Moog [IF]오늘 오전 5:37
yes you can
unless the network is close to its processing capabilities / being attacked by spammers
then the nodes will favor the mana holders
📷
Hans Moog [IF]오늘 오전 5:37
but having mana is not a requirement for many years to come
currently even people having fpgas can't spam that many tps
and we will also have sharding implemented by then
📷
M [s2]오늘 오전 5:39
Thank you u/Hans Moog [IF] ! This is the actually important piece of info!
📷
Basha오늘 오전 5:38
ok, i thought it was communicated that you need at least 1 mana to process a transaction.
from the blogpost: "... a node with 0 mana can issue no transactions."
maybe they meant during the congestion**, but if that's the case maybe you should add that**
📷
Hans Moog [IF]오늘 오전 5:42
its under the point "Congestion control:"
yeah this only applies to spam attacks
network not overloaded = no mana needed
📷
Hans Moog [IF]오늘 오전 5:43
if congested => favor txs from people who have the most skin in the game
but sharding will try to keep the network non-congested most of the time - but there might be short periods of time where an attacker might bring the network close to its limits
and of course its going to take a while to add this, so we need a protection mechanism till sharding is supported(수정됨)
📷
Hans Moog [IF]오늘 오전 6:36
I don't have a particular problem with EOS or their amount of validators - the reason why I think blockchain is inferior has really nothing to do with the way you do sybil protection
and with validators I mean "voting nodes"
I mean even bitcoin has less mining pools
and you could compare mining pools to dpos in some sense
where people assign their weight (in that case hashing power) to the corresponding mining pools
so EOS is definitely not less decentralized than any other tech
but having more identities having weight in the decision process definitely makes it harder to corrupt a reasonable fraction of the system and makes it easier to shard
so its desirable to have this property(수정됨)

-------------------------------------------------

📷
Antonio Nardella [IF]오늘 오전 3:36
https://twitter.com/cmcanalytics/status/1310866311929647104?s=19
u/C3PO [92% Cooless] They could also add more git repos instead of the wallet one, and we would probably be #1 there too..
----------------------------------------------------------------------------------
Disclaimer:
I'm sorry, maybe I'm fueling some confusion through posting this mana-thing too soon,
but, instead of erasing this posting, I'm adding recent convos.
Certain things about mana seem to be not clear, yet.
It would be better to wait for some official clarification.
But, I hope the community gives its full support to IF, 'cause
there could be always some bumps along the untouched, unchartered way.
--------------------------------------------------------------------------------------
Recent Addition;

Billy Sanders [IF]오늘 오후 1:36

It's still possible to send transactions even without mana - mana is only used in times of congestion to give the people that have more mana more priority
u/Hans Moog [IF] Im sorry Hans, but this is false in the current congestion control algorithm. No mana = no transactions. To be honest, we havent really tried to make it work so that you can sent transactions with no mana during ties with no congestion, but I dont see how you can enable this and still maintain the sybil protection required. u/Luigi Vigneri [IF] What do you think?📷

Dave [EF]오늘 오후 2:19

Suggestion: Sidebar, then get back to us with the verdict.(수정됨)📷2📷

dom오늘 오후 2:27

No Mana no tx will definitely not be the case(수정됨)📷5📷7***[오후 2:28]***Billy probably means the previous rate control paper as it was written by Luigi. I'll clarify with them📷

Hans Moog [IF]오늘 오후 2:29

When was this decided u/Billy Sanders [IF] and by whom? Was this discussed at last resum when I wasnt there? The last info that I had was that the congestion control should only kick in when there is congestion?!?***[오후 2:29]***📷 📷 📷📷

Navin Ramachandran [IF]오늘 오후 2:30

Let's sidebar this discussion and return when we have agreement. Dave has the right idea

submitted by btlkhs to Iota [link] [comments]

Is using crypto a cheaper alternative to a bank wire transfer?

I don't know anything about crypto and I'm in Canada so I guess this is the right place to ask many questions. I want to be very transparent and legal.
A friend in US wants to send me some money. This is a donation/ gift. This is not something CRA collects taxes on. This is also a one time thing. The cost to send a wire transfer between his bank in US and my bank in Canada (BMO) is 40 US. My friend proposed researching to use crypto and see if the transfer fees were smaller.
I'm trying to compare the trade-off of using crypto instead of the traditional wire transfer.
I have the following questions :
  1. If I made the transfer US->crypto->CAD very fast. (trying to minimize crypto voltility) How much do you estimate I would loose in US dollars to cover the transfer?
  2. Where should I create an account? What platform? I'm not interested in trading crypto or holding it for long on a crypto wallet. I'm not concerned with giving out some personal information but I'm concerned with it being stored securely.
  3. What crypto should I use to perform the transfer quickly and safely? Is Bitcoin the best?
  4. What is the best way to transfer crypto to CAD? I have seen people here reporting problems with BMO blocking e-transfers from crypto companies since apparently there have been scams linked to e transfers before (I would like to understand how)
  5. How can I explain/demonstrate to the bank this is a donation?
  6. A bit out of topic for a possible business idea. Can a legal Canadian business regularly receive payment in crypto and deposit it in its bank account in CAD? Will banks refuse working with this business?

Thank you very much for your help!
submitted by vmmf89 to BitcoinCA [link] [comments]

Best way of leaving crypto to your loved ones?

Let's say Bitcoin finally breaks it's all time high and the excitement is too much for me and I suffer a heart attack. What is the best way for me to ensure that my family can access my crypto?  
Currently I have 2 nano ledgers which I keep updated to the latest firmware. I've told a family member the pin code for these ledgers (I chose a pin code that is something that they'd be able to remember and every now and then I'll say 'What's my pin code?' to make sure they've still got it).  
Now, they don't know a thing about cryptocurrency, and while I could teach them how to use the ledger and send to an exchange etc, what I've told them to do instead is to give the ledgers and the pin code to a very well trusted family friend who is familiar with crypto (he even used to mine Bitcoin from his laptop back in the olden days). I know that may sound like a risk but I have grown up with this friend, my family knows him well, and we trust him implicitly.  
My only concern is that if there were an issue with the ledgers, nobody has access to my seed phrase and the funds are gone. So what's the best way of making my seed phrase (I have a passphrase too) accessible to my loved ones in the case I should pass away?  
I don't feel comfortable giving anyone the whole 24 words (not out of trust, but just in case it was exposed somehow) so what I was thinking is to give 12 words to a family member, and 12 words + passphrase to this friend of ours. That way if all the ledger devices were to fail my friend can restore the wallets, and if only 12 words got exposed, the funds would be safu.  
What do you think? Does this sound like a reasonable plan? I'd be happy to hear your thoughts, and any other suggestions about what you do for this scenario?  
Cheers!
submitted by crypto_grandma to CryptoCurrency [link] [comments]

Everyday info sec, hardcore info sec, and DNMs

Edit: Since first post I have updated a few sections with additional information.
I recommend reading it all even if it is very long, I might have placed some relevant info in different sections while thinking about what else needed to be added, plenty of steps remains mostly the same except when I comment directly on it. It is not necessary to do 100% security all the time, unless you absolutely need it, combining some high and some lower security ideas for a balance of security and convenience is useful.
I will base this mostly on Windows, Linux users probably know this, and I have no idea how apple machines work (tho many things in here are still relevant for other operating systems, as they are just general tips)
Disclaimer: There are certainly other steps that can make you more anonymous or safer, however I think for most people this will surfice. Any software I recommend should be independently verified for security, and examples of software are not to be taken as endorsements. I simply use examples and give recommendations when I believe it necessary, or helpful.
I will not really differentiate between anonymity and security, they are often the same thing. As such the word security can mean either more anonymous, less vulnerable, or both.
--------
Everyday Simple Info Sec:
-There could be a hidden administrator user on your PC, make sure to change its password
(Snapchat msgs, reddit dms, discord msgs, are just a few examples of msgs that are never encrypted)
-Any info even send in encrypted msgs (and obviously non encrypted) should still be kept with possible deniability, don't say "I'm gonna do MDMA", say "I'm going out with molly."
-DO NOT STORE ANY PASSWORDS ON GOOGLE, IF GOOGLE LOGIN IS AUTHENTICATED IT WILL AUTFILL ALL PASSWORDS IT HAS SAVED (same with other similar services) (This means if you are logged in to chrome and someone has access to your machine, they can auto fill passwords without entering a single password)
-use a rememberable passphrase, especially for your master key ring aka password manager A long sentence that is memorable makes an okay password (decent example,: "I met my wife at Little Ceasers for the first time on 07/09/20" better even if it's just something you know, if its impersonal, and if you can add special characters or numbers that you won't forget) (A better example for a passphrase is: "There is 0nly 0ne letter that d0esn’t appear in any U.S. state nameQ")
-Purge your internet activity frequently, there's a reason why I only have one post, and a few comments appearing in my account, but thousands of kama. Exposing information needlessly is not good.
-Never post private information publicly, and if you do, do it vaguely as possible. (Example: Not "I'm 15", say "I'm a teenager") Do not post any vital information ever, no birthdays, mother's maiden name, age, or anything you have ever seen in a security question. Never post your current activities while they are ongoing. You going on a vacation? Don't announce it to the world, taking picture there? Post them when you are home.
-Rethink how you do security questions. Many answers to security questions can be found in your internet history. One could use the first word of the security question as an answer, or a different sceme that will mean you always remember it. (Security question need to go, the amount of personal info an average person puts on the internet makes it easy to attack anything using security question)
-------_
High level crimimal information security:
The motto here is, "All the Security, All the Time" As one fuck up can end with you leaving a lick of traceability, and you could be fucked.
Pre Note: All of your software should always be up to date. Also even perfect info sec does not guarantee you are completely safe, a new zero day (exploit) can still fuck you, but good info security makes you significantly safer, by eliminating as many attacks as possible.
-Get a new device (or make a already owned device seem like you never owned it, do this only if you know how to, there's a lot of stuff that goes into that, like changing your mac adress etc) buy with cash, and your face covered, preferably far away from where you live. (Do I need to specify to not bring your phone or anything else that tracks your location to anywhere you want to go anonymously?) (Be aware that even hardware can have vulnerabilities, many cpus have known vulnerabilities, I can't list them all, do some research before buying)
-If you know how to use Tails (A linux distro designed for Info sec) use that, preferably on a USB. (Or learn how to use tails, its better, but complicated) Otherwise a clean copy of windows (make sure its not in any way associated with you) can do the job too, tho not as well. (Using a VM might give extra security, since VMs usually erase all data and RAM they were using on shutdown)
-Get a non tracking VPN, Enable the kill switch (a setting that disables all traffic that doesn't go through the VPN) (change your firewall settings to only allow the traffic from the VPN, windows guide (Change settings so only traffic from the tor application is send) Edit: (Due to complaints: do not use vpn over tor, use tor over vpn. tor over vpn has no notable downside, if the VPN logs it makes no difference, your ISP will always log anyways, and vpns remove other attack vectors and also provide backup security should tor fail. Again even if the VPN tracks you only change the people doing the tracking, but now you are further removed making it more anonymous and also with less vulnerabilities)
-rember privacy settings, cookie cleaner, and antivirus, password (There could be a hidden administrator user on your PC, make sure to change its password)
-Always use the device on a non admin account
-Ideally use this device only on networks that are not connected with you. Such as public networks (try to never use the same public networks twice, move around) (a home network should be fine now, as it should never be exposed, but more security is always better) (Its just a conveniences vs security trade)
-Never use accounts that have been exposed to lower security on higher security machines
-your browser is now TOR (or your preferred security focused browser, if you dont plan on using onion ) Make sure you get the standalone version of tor not the addon build (the standalone is safer, because there are less settings and options to tweak)
-Change your tor settings, to safest mode, enable a bridge (to my knowledge there's no difference in security between the build in bridges in tor), enable automatic updates, set duckduckgo onion as your primary browser. Set dark.fail onion page as your home page. (Or your preferred privacy search engine and onion directory)
-------_
How to use dark net markets (DNMs)
If you finished your High Security setup, we can dive right in. Otherwise go do that. This is where all that is essential.
Quick info on Tor, and onion sites. There is no search engine. It's all based of directories and addresses you are given by others. Tor will likely not be very quick, it has to pass through multiple networks to get to the destination. DNMs sometimes exit scam, an exit scam is when a market shuts down completely and takes all the money, this is a risk when using DNMs, it's not too common but happens maybe 0-4 times a year. The admins of thoese servers need to get out at some point, before they get jailed, so they exit the game, and scam everyone out of their money.
-A very useful onion directory is dark.fail it has a lot of links, for all kinds of stuff. News, email, DNMs, Psychonautwiki (harm reduction website), forums etc. (Other directories also exist)
-Pick a market, preferably one that handles secure connection server side instead of requiring you to establish the secure connection. Then create an account. Your account once created should include an entry box in your profile for a pgp key, post your PUBLIC key in there. (Verify the link is not a scam, most markets should provide a pgp signature)
-Next is currency setup. All major cryptocurrency exchangers can be used, I can recommend coin base but there could be better ones out there. Unless you find a small non U.S., exchange, they will always ask for your identity. So unless you can find a trustworthy exchange that doesn't ID, you will need to give it to them. (Side note, all major crypto exchangers report to the IRS, if the IRS asks you if you bought cryptocurrency and you bought while having IDed yourself SAY YES, DO NOT COMMIT TAX FRAUD WHEN THEY KNOW YOU DID)
-Transfer (monero you can send directly, btc you should scramble) to your wallet. There are two options a cold wallet (physical) or a software wallet. Software wallets usually dont cost anything so I recommend them, even if often less safe. Electrum is easy to use, and pretty safe. You can also do your own research and find a wallet that fits your needs.
-now you are ready to buy, only buy using escrow (it means the money is held by the market as a middle man until the product is delivered, they will also handle any issues like wrong quantity, cuts, etc), judge the reviews for a product, and if available look at the history of the vendor, until you find a product from a vendor you trust. (I recommend to buy within your country as much as possible, so it doesn't go through customs, it's very rare that something is found, but it can happen)
-now you get to buy, depending on market, you either have cryptocurrency stored in their wallets (not recommend, you will lose it in an exit scam) or you can send it every order. When you send your delivery adress (or the one you want it to go to) encrypt the adress using the sellers public key. Make sure the adress is correct.
-wait for the product, make sure to extend the escrow until the product arrives, if you can't extend it anymore dispute the order, and a moderator will step in
-test the product, use it, and leave a review. PLEASE LEAVE A REVIEW, DNMs only work because of reviews.
Edit: Didn't imagine I would write over 15000 words. Oh well, it was fun. Hope it helps, if you have any questions feel free to ask.
No idea how long this will stay up, I might purge it in 7 days, or never.
submitted by seven_N_A7 to u/seven_N_A7 [link] [comments]

You HAVE to Call 5dimes if You Want a Payout

I know others have brought this up in the past but all I saw was people saying the payment is faster if you call, not that you HAVE to call. I was chatting with support and this is the response I got:
"The transaction is pending. Bitcoin payouts have 2 confirmation steps, one via phone to confirm the personal information on file and the amount of the request and another one via email to confirm the account number, 4 digit pin, and the wallet address of the request. At the moment what you can do is call from the number on file to complete the phone verification 1-800-430-5896 in case you are going to call now please make sure to close the chat window first."
It's almost like they don't want to give customers their money back, who could've guessed an offshore book would be like this...
submitted by flyingchimp12 to sportsbook [link] [comments]

Happy Birthday, Here's Bitcoin - A Distributed Growth Strategy to take Bitcoin to Mass Adoption

Bitcoin is a seed that grows into a beautiful, prosperous, orange garden. It's a gift that keeps on giving.
After setting my girlfriend up with a wallet and then doing the same with my father, I noticed they began reading more about bitcoin. Paying attention to its price leads to paying attention to its news. They speak to friends about it and their genuine curiosity leads them to read more, and ultimately become more bullish, as the fundamentals are so sound.

Give Bitcoin For Birthdays

So I started gifting it to friends for their birthdays. Just a nominal amount, but enough that they have to download a wallet. They transition from saying "That seems complicated" to "This isn't so bad." The generosity of a gift is something that is rude to deny, so they make the initial time investment to accept it.
From here, I expect their curiosity and the surprising ease of purchasing to encourage them to purchase and hold more. I expect the gift to grow in value, and their investment to grow in value too. So in this way, I really think I'm doing them a big favor.

Mass Adoption

I encourage everyone to gift bitcoin to those you know who have not yet taken the leap. What better way than a distributed marketing strategy to push everyone we know to go from an observer to entering a distributed financial system that lets them own their money.
submitted by Arbawk to Bitcoin [link] [comments]

Power of the Command Line (bitcoin-cli, hwi, electrum, trezorctl)

I think some of the console tools available with HW wallets today are greatly under utilized. Here's a quick write-up on how to create and sign a TXN very similar to 43d27...1fc06 found on the SLIP-14 wallet. I'll be using TrezorCTL, Electrum, and HWI for the signing. I won't go much into the setup or install, but feel free to ask if you have questions about it. Note, you don't have to use all three of these. Any one will produce a valid signed TXN for broadcast. I just showed how to do it three ways. Whats more some of the Electrum and HWI steps are interchangeable.
ColdCard also has a utility called ckcc that will do the sign operation instead of HWI, but in many ways they are interchangeable. KeepKey and Ledger both have libraries for scripted signing but no one-shot, one-line console apps that I know of. But HWI and Electrum of course work on all four.

TrezorCTL

This is the what most would think of to use to craft and sign TXNs, and is definitely very simple. The signing uses a script called build_tx.py to create a JSON file that is then used by the btc sign-tx command. The whole process is basically:
  1. tools/build_tx.py | trezorctl btc sign-tx -
This just means, take the output of build_tx and sign it. To copy 43d27...1fc06, I wrote a small script to feed build_tx, so my process looks like:
  1. ~/input.sh | tools/build_tx.py | trezorctl btc sign-tx -
But it's all very simple. Note... I used TrezorCTL v0.12.2 but build_tx.py version 0.13.0 1.

input.sh

```

!/bin/bash

secho() { sleep 1; echo $*}
secho "Testnet" # coin name secho "tbtc1.trezor.io" # blockbook server and outpoint (below) secho "e294c4c172c3d87991b0369e45d6af8584be92914d01e3060fad1ed31d12ff00:0" secho "m/84'/1'/0'/0/0" # prev_out derivation to signing key secho "4294967293" # Sequence for RBF; hex(-3) secho "segwit" # Signature type on prev_out to use secho "" # NACK to progress to outs secho "2MsiAgG5LVDmnmJUPnYaCeQnARWGbGSVnr3" # out[0].addr secho "10000000" # out[1].amt secho "tb1q9l0rk0gkgn73d0gc57qn3t3cwvucaj3h8wtrlu" # out[1].addr secho "20000000" # out[1].amt secho "tb1qejqxwzfld7zr6mf7ygqy5s5se5xq7vmt96jk9x" # out[2].addr secho "99999694" # out[2].amt secho "" # NACK to progress to change secho "" # NACK to skip change secho "2" # txn.version secho "0" # txn.locktime ```

Electrum

Electrum is one of the better GUI wallets available, but it also has a pretty good console interface. Like before you need your Trezor with the SLIP-14 wallet loaded and paired to Electrum. I'll assume Electrum is up and running with the Trezor wallet loaded to make things simple.
Like with TrezorCTL, Electrum feeds on a JSON file, but unlike TrezorCTL it needs that JSON squished into the command line. This is a simple sed command, but I won't bore you with the details, but just assume that's done. So the process in Electrum (v4.0.3) looks like:
  1. electrum serialize (create psbt to sign)
  2. electrum --wallet signtransaction (sign said psbt)
Still pretty simple right! Below is the JSON I smushed for #1

txn.json

{ "inputs": [{ "prevout_hash":"e294c4c172c3d87991b0369e45d6af8584be92914d01e3060fad1ed31d12ff00", "prevout_n": 0, "value_sats": 129999867 }], "outputs": [{ "address": "2MsiAgG5LVDmnmJUPnYaCeQnARWGbGSVnr3", "value_sats": 10000000 },{ "address": "tb1q9l0rk0gkgn73d0gc57qn3t3cwvucaj3h8wtrlu", "value_sats": 20000000 },{ "address": "tb1qejqxwzfld7zr6mf7ygqy5s5se5xq7vmt96jk9x", "value_sats": 99999694 }]}

HWI

HWI is an unsung hero in my book. It's a very small clean and simple interface between HW wallets and Bitcoin Core. It currently supports a good range of HW wallets. It keeps itself narrowly focused on TXN signing and offloads most everything else to Bitcoin Core. Again, I'll assume you've imported your Trezor keypool into Core and done the requisite IBD and rescan. And if you don't have the RPC enabled, you can always clone these commands into the QT-console.
To sign our TXN in HWI (v1.1.2), we will first need to craft (and finalize) it in Bitcoin Core (0.21.1). Like in Electrum, we will have to use simple sed to smush some JSON into command arguments, but I'll assume you have that covered. It will take an inputs.json and an outputs.json named separately.
  1. bitcoin-cli createpsbt (create psbt)
  2. bitcoin-cli -rpcwallet= walletprocesspsbt (process psbt)
  3. hwi -f signtx (sign psbt)
  4. bitcoin-cli -rpcwallet= finalizepsbt (get a signed TXN from psbt)
A little more involved, but still nothing too bad. Plus this gives you the full power of Bitcoin Core including integrations with LND (lightning).

inputs.json

[{ "txid": "e294c4c172c3d87991b0369e45d6af8584be92914d01e3060fad1ed31d12ff00", "vout": 0 }]

outputs.json

[{ "2MsiAgG5LVDmnmJUPnYaCeQnARWGbGSVnr3": 0.10000000 },{ "tb1q9l0rk0gkgn73d0gc57qn3t3cwvucaj3h8wtrlu": 0.20000000 },{ "tb1qejqxwzfld7zr6mf7ygqy5s5se5xq7vmt96jk9x": 0.99999694 }]

Conclusion

This may all seem like very low level coding, but is surprisingly simple once you get a knack for it. Whats more, all these platforms support testnet which allows you to practice with valueless coins until you get the hang of it. And, like many things in bitcoin, this is all (mostly) python, which is one of the easier languages to learn.
Enjoy
Footnotes
1 - https://github.com/trezotrezor-firmware/issues/1296
submitted by brianddk to Bitcoin [link] [comments]

Bitcoin Basics (Part 2) - Coinbase USD Wallets -- Bitcoin Giving Tuesday Breaks Records! -- ChangeTip $3.5M DigiByte Basics - 03 - Backing up your Core Wallet.dat file Bitcoin 101 for Small Business pt 2 - Getting a Wallet 2. Getting started with the board - Build your own Bitcoin hardware wallet

Promoted This week Bitcoin.com reached a milestone of a whopping 2.5 million Bitcoin.com Wallets created in less than a year. Since we started our web portal we’ve focused on providing people with world-class resources that fit every Bitcoiner’s needs and our simple-to-use wallet is no different.. Also read: Bitcoin.com and Purse.io Bolster Spending Giving New Shoppers $10 in BCH USD 5.5bn fintech Revolut has decided to open bitcoin trading feature to their “standard” customers earlier than planned, thus helping crypto adoption and securing another revenue stream during the global financial and economic turmoil, triggered by the COVID-19 pandemic.. The crypto trading feature is not new for Revolut, but it was previously available only for its Premium and Metal ... Full-Service Wallets¶. The simplest wallet is a program which performs all three functions: it generates private keys, derives the corresponding public keys, helps distribute those public keys as necessary, monitors for outputs spent to those public keys, creates and signs transactions spending those outputs, and broadcasts the signed transactions. Bitcoin wallets can also exist on third party exchanges, like Binance, which will temporarily store your Bitcoin after you buy it, or while you’re waiting to use it for trading. Common Features of Bitcoin Wallets. Although there is a great diversity among all the different Bitcoin wallets, there are common features that are shared throughout the list. As an example, some security features like Two Factor Authentication and Multi-signature procedures are present in the majority of the wallets.

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Bitcoin Basics (Part 2) - "Bitcoin Wallets" - YouTube

How to Make a Bitcoin Paper Wallet & Give Bitcoin For Christmas Crypto Gnome. Loading... Unsubscribe from Crypto Gnome? Cancel Unsubscribe. Working... Subscribe Subscribed Unsubscribe 16.5K. Bitcoin Prices are up slightly with WinkDex reporting a last of $383, a high of $383 and a low of $377. Litecoin is at $3.61 cents a coin. Share -- Like and Comment! Bitcoin Vault is developed to provide an extra level of security based on a three-private-key security structure. It features all the convenience of Bitcoin ... Get our free Bitcoin course here - http://chrisdunn.com/bitcoin-basics ===== Join our wealth building community for investors and entrepreneurs: https://chri... - Get two-factor authentication (2FA) to protect your Bitcoin wallet. In this video, I'll show you how to: - Get a Bitcoin wallet using blockchain.info so that you have somewhere to put your bitcoins.

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