Topic: Users who spread false/fake/unhelpful information on technical board (Read 3270 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

--snip--

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

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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?