Topic: Users who spread false/fake/unhelpful information on technical board (Read 2931 times)

It sounds like you might be dealing with "stale" blocks or unconfirmed transactions. In the early days of Bitcoin, some mined blocks didn’t get added to the main blockchain due to the lack of network participants, which may explain why you see the mined transactions but they aren’t showing up in the blockchain now.

A possible step is to try loading the wallet using the latest Bitcoin Core version and let it fully sync with the blockchain. Make sure to back up your wallet.dat file first! If the coins were mined back in 2009 and they are part of confirmed blocks, they should appear once the blockchain syncs properly.

If you're still having issues, you might want to reach out to a Bitcoin recovery service, but be cautious and ensure you're working with a trusted party.

It sounds like the issue may be related to some formatting or symbols in your CSV file rather than the words themselves. The angle brackets ("<" and ">") and asterisks ("*") aren’t part of a valid BIP39 seed phrase, which is likely causing the checksum errors. Try removing any symbols, such as brackets or asterisks, from the seed phrases and see if that resolves the issue.

If the problem persists, the words could be in the wrong order. Since BTCRecover didn’t help reorder them, it may still be worth trying different combinations manually or using tools designed to brute-force different seed orders. Make sure the seed is exactly 24 words, as BIP39 requires a specific word count for the checksum to pass. Good luck!

What is RBF (Replace-By-Fee)?
RBF (Replace-By-Fee) is a mechanism in the bitcoin network that allows you to replace an unconfirmed transaction with a new transaction with a higher commission in order to speed up its confirmation by miners.

When is it useful to use RBF?
Confirmation delay: Sometimes bitcoin transactions can take a long time to be confirmed, especially if the commission is set too low. In this case, RBF allows you to "increase" the commission by replacing the transaction with a new one with a higher commission in order to speed up its confirmation.
Market conditions analysis: You can first send a transaction with a low commission to save money, and if the network is busy, increase the commission using RBF.
How does RBF work?
You are sending a transaction with RBF capability (this feature must be activated when sending).
If the transaction is delayed and not confirmed, you create a new transaction with the same inputs and outputs, but with a higher commission.
The new transaction replaces the old one in the mempool (pool of unconfirmed transactions), and miners will prefer to process the transaction with a higher commission.
Steps for using RBF:
1. RBF support on the wallet
In order to use RBF, your crypto wallet must support this feature. Not all wallets include RBF by default.

For example, wallets such as Electrum, Samourai Wallet, and Bitcoin Core support RBF.
When sending a transaction, you need to make sure that the "replace by commission" (RBF) function is enabled.
2. Creating a transaction with RBF
When you submit a transaction, select the RBF option. This gives you the opportunity to later replace the transaction with a new one with a higher commission, if necessary.

3. Tracking unconfirmed transactions
If you see that your transaction has been hanging unconfirmed in the mempool for too long, you can decide to replace it with a higher commission. Usually, this can be seen through a wallet or a blockchain explorer.

4. Replace the transaction
There should be an option in your wallet to replace a transaction that is no longer being confirmed. The process may vary depending on the wallet:

In Electrum, simply highlight the transaction that has not been confirmed and select the "Replace-by-Fee" or "Bump Fee" option.
Specify a new, higher commission.
5. Sending a new transaction
After setting a higher commission, resend the transaction. The new transaction will replace the old one in the mempool.

Important points:
Commissions: The higher you set the RBF fee, the faster your transaction will be confirmed by the miners.
Wallet Compatibility: Make sure that your wallet and the network to which the transaction is sent support RBF.
Unconfirmed Transaction Notifications: Many wallets can notify you if your transaction is not confirmed for a long time, which can be a signal to use RBF.
Example:
You are sending a transaction with a low commission of 5 satoshi per byte.
The transaction has not been confirmed for several hours or even days.
You use RBF to increase the commission to 50 satoshi per byte, and your transaction gets into the block quickly.
How do I learn RBF?
Practice on wallets: Start by using wallets that support RBF, such as Electrum. This will help you understand how the mechanism works.
Reading the documentation: Review the documentation on using RBF for the specific wallet or client you are using.
Video Tutorials and Guides: Find tutorial videos that explain step-by-step the process of creating and replacing transactions using RBF.

When almost everything is digital, and you're looking to mine cryptocurrency, the "pool" you're referring to is likely a mining pool—a group of miners who combine their computational resources to increase their chances of successfully mining blocks and earning rewards.

Here are a few well-known mining pools you can consider joining:
F2Pool: One of the largest and oldest mining pools, supporting a wide variety of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).

Slush Pool: The world’s first Bitcoin mining pool, offering a reliable platform for mining Bitcoin and Zcash (ZEC).

AntPool: Operated by Bitmain, a major manufacturer of mining hardware, AntPool is a large pool for Bitcoin and other cryptocurrencies.

SparkPool: Known for Ethereum mining, SparkPool is popular among those looking to mine Ethereum (ETH) due to its high rewards and reliable service.

Ethermine: A major mining pool for Ethereum (ETH), it provides stable payouts and supports smaller miners.

ViaBTC: A versatile mining pool that supports mining Bitcoin (BTC), Ethereum (ETH), and several other coins, offering both PPS (Pay-Per-Share) and PPLNS (Pay-Per-Last-N-Shares) payout methods.

Key Points to Consider When Choosing a Mining Pool:
Fees: Mining pools usually take a percentage of the earnings (typically around 1-3%) as a fee for running the pool.
Payout Structure: Some pools offer PPS (Pay-Per-Share), where you get paid based on the work you contribute, regardless of whether a block is found, while others use PPLNS (Pay-Per-Last-N-Shares), where you get paid based on the blocks mined.
Hashrate Distribution: It’s generally better for decentralization if you choose a pool that isn’t too dominant in the mining space, to avoid centralization risks.
Coin Support: Some pools specialize in specific coins (e.g., Bitcoin, Ethereum), while others support a variety of altcoins.
Mining in a Digital World:
As you mentioned, almost everything is digital now, and the mining process itself is digital. Mining pools are essentially platforms where participants contribute computational power to increase the chances of solving complex cryptographic puzzles and earning rewards. Joining a mining pool ensures more consistent payouts, especially for smaller miners who may not have enough individual hash power to successfully mine blocks on their own.

Well if you want to mine crypto with Ubuntu here's what I think you should do
Firstly you'll need:
Powerful computer
High-performance graphics card
Enough RAM
Fast internet connection

Install necessary packages with `sudo apt-get update` and `sudo apt-get install openjdk-8-jre`. Choose mining software like CGMiner, EasyMiner, or MultiMiner.

Configure with your Bitcoin wallet and join a mining pool like Slush Pool or Antpool. Run CGMiner with `cgminer --pool pool-url --user username --pass password`.


I hope this was helpful

Well firstly congrats on considering investing in bitcoin
You are welcome to the Bitcoin family 😂

Well if you are considering a long-term storage there are different forms in which they can be stored
You could use a hardware wallet like a ledger or trezor
You could use an offline storage solutions like cold card and cobo
Or paper wallets
But these are cold wallets, and since you want to be able to spend your crypto while travelling
You would have to consider hot wallets because they are much more easier to access
Which are your mobile wallets the only issue is that hot wallets are not as secure as cold wallets and are prone to being hacked
You should consider going on coindesk.com for more information they really helped me alot as a beginner

User JohanM (created in 2013) posted this:
While there are many reasons to use an SSD, this isn't correct. I did this earlier this year, and it took 11 hours and 10 minutes.
For a fast IBD, you need either a fast disk, or enough RAM (or both).

You really should not try to download the entire blockchain using a HDD, it will take literally weeks.
Do it on an SSD. After that just copy the entire thing over to your HDD. You'll save weeks.

Steps to Create a Quantum-Resistant Address

1- Install Dependencies

Use Python's hashlib for hashing. Install additional libraries with:

pip install pqcrypto

Full Script for Generating a Quantum-Resistant-Like Address


this script demonstrates how to generate a quantum-resistant-like address using the XMSS (eXtended Merkle Signature Scheme). It illustrates key generation and address creation with quantum-safe principles, but it does not produce a standard Bitcoin address.



import hashlib
from xmss import XMSS

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the specific xmss library I mentioned is not available on PyPI. sorry for the confusion. I shouldve clarified that you would need to use an XMSS implementation from either a cryptographic library that supports post-quantum algorithms (like oqs-python) or implement your own. I’ll update the post to reference a more accessible option for quantum-safe key generation

3. On finding an XMSS library: The code was more of an educational example to show how you could build a quantum-resistant-like address, but I understand that it’s not practical without the right library.

Even practically, generating a quantum-resistant Bitcoin address is feasible, though it requires significant effort. Quantum resistance involves using cryptographic methods that can withstand the capabilities of quantum computers. This typically requires employing advanced algorithms like hash-based signatures (e.g., XMSS) or lattice-based cryptography, which are not yet standard in current Bitcoin implementations. Developing and integrating these methods into Bitcoin's existing infrastructure involves complex technical challenges and rigorous testing to ensure they provide the same level of security and functionality as traditional cryptographic methods

If you’re aiming to get really deep into Bitcoin’s tech side, I’d suggest starting with the Bitcoin Developer Documentation—it’s pretty comprehensive. I’ve also found BitcoinTalk forums really helpful for technical discussions. For a solid book, “Mastering Bitcoin” by Andreas Antonopoulos is a goldmine. Plus, online courses on Coursera or Udemy can be a great way to get structured learning.

I’ve always been a bit skeptical about the energy use with PoW, so mixing in forged blocks sounds like a smart way to cut down on waste while keeping the network secure. I like how miners who stop can still contribute—feels a bit more inclusive. And faster transactions? Definitely a win in my book.

I can tell right away that this one at least is AI generated.

I'm creating this post as reference reporting these posts to moderator.

User: Hinnenkamp

Additional information (optional): -

List of post:

BIP49 mnemonic converter is not a widely known or standardized tool, because BIP49 (Hierarchical Deterministic Wallet Generation for Segregated Witness Addresses) focuses on the generation rules of wallet addresses, not directly on the conversion of mnemonics. However, I can provide some general information and suggestions on mnemonic conversion.

Basic Concepts of Mnemonics

Mnemonic is a set of words used to recover private keys and addresses in a wallet address hierarchical deterministic (HD) wallet. These words are usually randomly selected from a preset word list so that users can remember and back up more easily. The BIP39 standard defines the rules for the generation, verification, and use of mnemonics, while BIP49 expands the generation rules for segregated witness addresses on this basis.

Need for mnemonic conversion

Although BIP49 does not directly involve the conversion of mnemonics, users may need to convert mnemonics for a variety of reasons, such as:

Language conversion: convert English mnemonics to other languages ​​(such as Chinese) to make them easier to remember or avoid language barriers.
Format conversion: Convert the mnemonic to a different format (such as a sequence, binary, etc.) to improve security or meet specific needs.

Conversion method

1. Language conversion:
If you need to convert English mnemonics to Chinese, you can find or create a Chinese-English mnemonic comparison table. Then, replace the English words with the corresponding Chinese words according to the comparison table. But please note that this method may not be supported by all wallets, and you need to ensure that the converted Chinese mnemonics are still valid when restoring the wallet.

Another method is to use wallet software that supports multi-language mnemonics, which usually allow users to choose the language of the mnemonics.

2. Format conversion:
Converting mnemonics to formats such as sequence or binary is usually for improved security. This can be achieved by writing a custom script or using an existing conversion tool. But please note that this conversion needs to be able to be reversed when restoring the wallet to ensure the validity of the mnemonics.

The assumption of the existence of a BIP49 mnemonic converter

Although there is no dedicated BIP49 mnemonic converter, you can use a general mnemonic conversion tool or method to meet your needs. These tools or methods may not be designed specifically for BIP49, but they can handle the basic conversion tasks of mnemonics.

Notes

When performing mnemonic conversion, be sure to ensure the security and reliability of the conversion process. Avoid using unverified conversion tools or methods.
The converted mnemonics should be kept properly and ensure that the wallet can be restored when needed.
If you have any questions or uncertainties about mnemonic conversion, please consult a professional blockchain or cryptocurrency expert.

In summary, although there is no dedicated BIP49 mnemonic converter, you can achieve the conversion needs of mnemonics through other methods. Please be careful and ensure the security and effectiveness of the conversion process.

Financial activities will drive Bitcoin to continuously advance toward the technological limits of cryptocurrencies. From a financial perspective, cryptocurrencies are destined to replace paper money as the mainstream currency due to their increasingly prominent functionalities.

Taking BTC and ETH as examples, the current Ordinals protocol has expanded Bitcoin's service capabilities with inscriptions and collectible ordinal numbers, as well as names containing words. There is immense future potential for speculation in this space.

As a result, the possibility of expanding storage fees for various sats we collect is a financial consideration worth discussing.

On the other hand, ETH's development is less concerning in terms of trading volume. ETH's functionality leans more towards replacing ballots, with potential use in various elections, including U.S. elections. This means ETH will not lack trading volume to generate transaction fees, which helps balance the relationship between ETH supply and miners.

I will suggest you explore cryptocurrencies such as Ethereum, Ergo, and Flux since they are more GPU-friendly at this present 2024 given the fact that you are considering using a high-end desktop, if that is the case I suggest an RTX 4090 because with a powerful GPU the profit in returns will be quite encouraging. Mining has become a competitive field lately, While a high-end GPU setup will look impressive enough to admire, it is very keen to align any hardware of choice with the right cryptocurrency to maximize profitability at the end of the day.

Besides one needs to be financially buoyant to acquire most of this hardware because as the year goes by things are becoming very expensive.

Based on the screenshot and log file presented. Try checking the torrc paths

Make sure all the supposed path are absolute path not just relative paths so it can help in avoiding issues with file locations.

Also try verifying issues with file configuration just open the torrc and make sure it is well configured for instance using this command line:

Log notice file C:\path\to\tor.log
DataDirectory C:\path\to\tor\data
ControlPort 9051
SocksPort 9050

Just make sure it is your actual directory structure.

 Or You can just reinstall the tor Service by following this process
using your CMD as Admin.

Delete the existing tor service by using this command
sc delete "Tor Win32 Service"

now try to recreate the service with the correct paths using this command

sc create "Tor Win32 Service" binPath= "\"C:\path\to\tor.exe\" --nt-service -f \"C:\path\to\torrc\""


Running tor as a local system account is also a possible option but it seems you already applied it in the initial recommendation.

PS C:\Windows\system32> sc.exe create
DESCRIPTION:
        Creates a service entry in the registry and Service Database.
USAGE:
        sc  create [service name] [binPath= ]  ...

OPTIONS:
NOTE: The option name includes the equal sign.
      A space is required between the equal sign and the value.
 type= 
       (default = own)
 start= 
       (default = demand)
 error= 
       (default = normal)
 binPath= 
 group= 
 tag= 
 depend= 
 obj= 
       (default = LocalSystem)
 DisplayName= 
 password= 

What is the punishment for any user who has been severally called out here for giving false/fake information but they are unrepentant?

He has several scam tags against him already, and posts crap like this on the tech board:
The tech boards need visible Trust feedback.

Even after pointing out he's wrong, this 2018-Newbie continues posting incorrect information:

User: alecfisker

for further processing could help with password hashing farm access, text me private

Nonsense. It is a Berkeley/DB file, not a text file

That doesn't mean you can't open it in an editor. Takuma sato is correct: if you search for "name" you'll find addresses.

It definitely means you can not open it in a text editor

it depends how he will be looking at it, and what configuration on node was maid
can post more details about why such knowledge required
main difference is that electrum custodial solution, it host your wallet and have access to wallet file
stick to full node and use electrum for smaller amounts

Electrum has access to your wallet file? What are you saying? Please don't post about something you don't have any information about.

Electrum is a non-custodial wallet. You keys are generated locally on your own device and no one has access to your wallet. Unless your device is compromised or some one has access to it, your electrum wallet would be secure.

HTC wallet file will not open on windows, have to manage it from phone, open about phone dialog and check OS version name
than use tool to dump wallet data, once dump file ready it possible to copy to windows device for further processing
could help with password hashing farm access, text me private

try heat up drive and check more data copy possible, than cool down and try again, in some cases it helps to have more time for reading before failure

This means the transaction is verified using a Merkle tree structure without broadcasting it to the public blockchain.

It's possible that the IP address range assigned by Internet provider B is flagged by bitnodes. io or other services due to previous activity or network behavior. This could result in your network being subject to additional scrutiny or review. If so, you need to contact Internet provider B's customer support.

This has to be one the dumbest pieces of advice I've read this year. Do you really think ISP B's customer support even know what a Bitcoin node is, let alone know about bitnodes?

Most likely the customers of this ISP have their computers infected and being used for DDoS attacks. This is the only way I think could trigger a residential ISP's addresses to be reviewed for malicious activity.

SegWit transactions enhance the security of the Bitcoin network by enforcing signature checks before any other checks.  This prevents certain types of attacks and makes the network more resistant to vulnerabilities that exploit transaction malleability. Besides, SegWit's introduction was a soft fork, meaning that it did not require a majority consensus of miners to activate.  This made the upgrade process smoother and allowed for a more gradual transition.
And here is a link for beginner to learn Segwit, hope it will be helpful.
https://blockgeeks.com/guides/what-is-segwit/

The transaction malleability wasn't due to the failure of checking for signatures, but it segregated the signature from the actual transaction itself. This prevents the signature from being modified and thus being malleable.

It was anything but smooth. It was totally unnecessary for it to be dragged on for longer than it did. Segwit's activation requires miners to signal support for it as well and it definitely required a super majority of the miners to signal support for it to be activated. In fact, most if not all soft forks work in this manner. USAF was not materialized and it was definitely not activated by user signalling. Any forks should have consensus and majority support.

It doesn't congest the network in any meaningful way. If you attempt to broadcast a transaction with zero fee or a fee below the dynamic lower limit set by individual node's mempool settings, then nodes will simply not relay that transaction. Repeatedly try to do this, and nodes will simply blacklist your IP and ignore you.

Correct. If the input is invalid, then the transaction is invalid and it will be rejected by EVERY node on the network.


Broadcast it to whom? Bitcoin nodes will simply reject it.


It is exactly zero.  Invalid transacitons can not be confirmed.


No. That is incorrect. Fake, invalid, transactions never get into the mempool in the first place.  A transaction is verified BEFORE it is accepted into the mempool.


How would a wallet or an exchange know that you created a fake transaction? Why would they care?

That string you listed is an address, not a private key. And also, its private key is not invalid. Even if the hex number is out of range it is converted into a valid private key by using modulo, as others here have pointed out (unless the number is 0 or a multiple of n). So no. Anybody will be able to retrieve any bitcoins sent to this address.

User: obtainhigh

--snip--

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Leading Mining Pools of 2024:

1. F2Pool: F2Pool, also known as Discus Fish, is one of the earliest and most reputable mining pools, with a significant global presence. It supports a wide range of cryptocurrencies and employs a PPS+ payout scheme, offering a 3% bonus as a loyalty reward. The pool has a 2.5% fee and is known for its user-friendly interface and robust support. Learn more about F2Pool here.

2. Poolin: Poolin is celebrated for its innovation and competitive services. It offers various payout mechanisms and has a strong focus on security and reliability. With a user-friendly interface and support for multiple cryptocurrencies, Poolin is a preferred choice for many miners. Discover Poolin’s benefits here.

3. Antpool: Operated by Bitmain, Antpool is one of the most well-known mining pools. It provides stability, reliability, and supports various payout methods. Antpool’s detailed statistics help miners track performance effectively. Read about Antpool here.

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Emerging Trends in Bitcoin Mining Pools:

1. Green Mining Initiatives: Environmental concerns are driving some mining pools to adopt eco-friendly practices. Pools that prioritize renewable energy sources and energy-efficient mining hardware are becoming more popular among environmentally conscious miners. More on green mining initiatives.

2. Decentralized Mining Pools: Decentralized mining pools aim to distribute control and rewards more evenly among participants, addressing concerns related to centralization. These pools offer a more democratic approach to Bitcoin mining. Details on decentralized pools.

3. Integration of Advanced Technologies: Advanced technologies like AI and Machine Learning are being integrated into mining pools to optimize operations, enhance efficiency, and increase profitability. These innovations are set to revolutionize the mining industry. Learn about technology integration here.

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Choosing the Right Mining Pool:

1. Pool Hashrate: The hashrate indicates a pool’s computational power. Higher hashrates generally lead to more frequent block discoveries and consistent payouts. Consider the hashrate and how it aligns with your mining goals. Understand hashrate importance.

2. Payout Structure: Different pools use various payout structures, such as PPS, FPPS, and PPLNS. Choose one that aligns with your risk tolerance and preferences to maximize your rewards. Explore payout structures here.

3. Fees: Fees can significantly impact your overall earnings. Ensure you understand the fee structure and choose a pool with reasonable fees. Check fee structures here.

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Discover the Best Hardware for Bitcoin Mining in 2024!

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Top Bitcoin Mining Hardware of 2024:

1. Bitmain Antminer S21 200T: Known for its efficiency, the Bitmain Antminer S21 200T boasts a hash rate of 200 TH/s with an energy consumption of 3500W. This miner is ideal for those looking to maximize their output with lower electricity costs, making it a popular choice for both small and large-scale mining operations. Learn more here.

2. MicroBT WhatsMiner M56S: Launched in 2023, the WhatsMiner M56S is designed for both home and industrial use. With a hash rate of 212 TH/s and a power consumption of 5550W, it offers a balanced approach to performance and efficiency. More details on WhatsMiner M56S.

3. Bitmain Antminer S19 XP Hydro: With its water-cooled system, the Antminer S19 XP Hydro is both powerful and quiet. It provides a hash rate of 255 TH/s with an energy consumption of 5304W, making it one of the most efficient miners on the market. Discover the Antminer S19 XP Hydro.

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Choosing the Right Mining Hardware:

1. Evaluate Your Needs: Depending on whether you're mining at home or in an industrial setting, your hardware needs will differ. High hash rate miners like the Antminer S21 are suited for industrial use, while models like the WhatsMiner M56S offer versatility for various environments.

2. Consider Power Consumption: Efficiency is key in mining. The lower the joules per terahash (J/TH), the better. For instance, the Antminer S19 XP Hydro's efficiency at 0.021 J/GH makes it a strong contender for those looking to minimize energy costs.

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Upcoming Trends in Mining Hardware:

1. Hydro Cooling Systems: As seen in models like the Antminer S19 XP Hydro, hydro cooling is becoming a preferred method to reduce noise and improve cooling efficiency. This technology is likely to be integrated into more models moving forward.

2. Enhanced Security Features: Newer mining hardware is incorporating advanced security measures to protect against theft and ensure operational integrity. Strategic partnerships and secure data centers, as seen with ECOS's mining hosting services, are setting new standards.

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Current Trends in Bitcoin Mining Speculation

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Notable Factors Influencing Bitcoin Mining Speculation:

1. Impact of the Mt. Gox Repayments: The upcoming distribution of Bitcoin to Mt. Gox creditors is expected to introduce significant market fluctuations. Approximately 140,000 BTC will be released, potentially increasing selling pressure. However, experts predict that fewer coins will be distributed than anticipated, which might mitigate the expected market impact. Read more here.

2. Bitcoin Halving 2024 Predictions: The next Bitcoin halving event is projected to significantly influence mining profitability by reducing rewards and emphasizing transaction fees. Historical patterns suggest a pre-halving surge in prices, followed by a post-halving dip and eventual recovery. This cyclical behavior attracts both speculators and long-term investors. Learn more about Bitcoin halving.

3. Regulatory Developments: Recent regulatory updates in major economies are reshaping the Bitcoin mining landscape. Enhanced clarity and compliance requirements are fostering a more stable and transparent environment for miners, potentially impacting speculative activities. Discover the regulatory impact.

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Speculative Opportunities and Risks:

1. Technological Innovations: Advances in mining hardware, such as the development of more efficient ASIC rigs, are crucial for maintaining profitability. Miners investing in cutting-edge technology are likely to gain a competitive edge, influencing speculative strategies. Read about the latest hardware developments.

2. Market Volatility: The inherent volatility of Bitcoin prices creates both opportunities and risks for miners. Understanding and predicting price movements, especially around significant events like the Mt. Gox repayments and halving, is essential for speculative success. Learn more about market volatility.

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Join the Discussion on Bitcoin Mining Speculation!

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