BLOCK

JonnyLunchbox

YOU DONT UNDERSTAND BLOCK CHAIN. ITS NOT WEB 2 DATA COLLECTION caps. its decentralized compute power. your phone is not a node its just easily mining your data on web 2 go next bro

pop-1988

Key concepts: * Bitcoin is an open network. No authentication is required to connect, no authentication is possible * There is no voting and no collaboration > large-scale botnet This is referred to as a sybil attack. A sybil attack can not corrupt the blockchain. The worst it can do is attempt a denial of service attack on the other nodes https://en.bitcoin.it/wiki/Weaknesses#Sybil_attack Bitcoin consensus is not a voting system. The Bitcoin network operates as a supermajority - every node incidentally converges to the same blockchain by independently choosing to follow the same consensus rules. A single operator with a large number of nodes contributes to consensus as only one node, because Bitcoin has no voting. Then if that node operator is following incompatible consensus rules, his chain diverges from all the other nodes, and never grows. He chooses not to be part of the supermajority How do I know my node's blockchain is the same as all the other nodes (that is, that I haven't diverged from the supermajority) * I don't know, because there is no mechanism to compare the blockchains of different nodes * If my chain grows, then I know there are miners with sufficient hash rate to satisfy the hash target requirement adding blocks to their chains. The chain aspect of the blockchain is sufficient to prove that my chain is valid, and therefore whichever strangers are sending new blocks to my node also have the same chain. Refer to PREV_BLOCK_HASH in the documentation * I don't care, except when I need to. I choose to spend Bitcoin to buy something on the Internet. For this purchase transaction to work, both my node and the merchant's node must have the same blockchain Andrew Poelstra published a paper about the flaws of Proof of Stake. In the first 7 pages, Poelstra explains Bitcoin's supermajority consensus, and some aspects of proof of work https://cdn.nakamotoinstitute.org/docs/on-stake-and-consensus.pdf

garyscomics

Good Lord this sub is a mess right now. It's clear just saying ELON BAD BLOCK CHAIN BAD. Is all most posters are capable of posting. There are so many different versions of block chain technology I don't get how you could possibly deduct that block chain technology is inherently inefficient. You could just as easily say database technology is inefficient.

ClockNumerous3108

I RUN NGO FOR DOGS I NEED DONATIONS PLEASE HELP ME WITH ATLEAST 100 USDT ON THETHER BLOCK CHAIN ADDRESS : 0x4791ef1b36faf30ae2e26f4e5e4acf569b333c39 NETWORK:-- TETHER ERC 20

Amber_Sam

>No, there won’t. The block reward will become zero once all 21m coins are mined… You're wrong mate. The number of 21m will never be reached, but that's a detail, many people don't know and it isn't that important. The **[block subsidy](https://river.com/learn/terms/b/block-subsidy/)** will be zero sats, NOT THE REWARD. That's why I pointed to my previous comment so I don't have to repeat it. From the link provided, because I believe you might get lost if you click on it: **Each block contains many transactions, each with fees attached to incentivize their confirmation. The sum of the BLOCK SUBSIDY and cumulative TRANSACTION FEES in a block yield the BLOCK REWARD. Because the BLOCK SUBSIDY falls by half every four years, TRANSACTION FEES will slowly begin to make up most and then all of the BLOCK REWARD.** Try reading up on bitcoin basics before commenting in this sub. TIA!

Terrorbear

Besides the token manipulation other commentators already covered, I can speak as a web3 dev. You won't catch me dead building on their platform. So maybe their institutional plays will pan out, but they continually condescend on web3 devs that I can't imagine them getting retail interest. I've attended a few of their events across the conference circuit and theirs are always the worst. 1. Stuffy as hell. Doesn't understand web3 culture. Everyone's in a buttoned up suit and the few people who aren't are hamstrung by the old guard that are. 2. They pay no attention to independent builders. My friends and I run several well-funded dapps and never have we been treated worse than ICP meets. We're not asking for them to pamper us. We're all taking cabs across town, out of our way, to meet them, hear what's new, and network but when we get there the actual people working on ICP only care about their agenda. They walk past you, they don't hear a single word, and are just waiting for the conversation to end. So hey maybe they have a plan, and it sounds like its all about the institutional play, but they're gonna get consumers. 3. They're too bureaucratic. There's the overall chain's chain of command, then regional delegates, then delegates beyond that. To get any definitive answer takes way too long. And you're usually left talking to some unqualified peon who can't talk about ICP beyond some vapid buzzwords. 4. They false advertise their events. They advertise them as meet and greets with the ICP team. Again they don't actually care about talking to you. Turns out they actually just wanted to host a panel so their csuite can do their steve jobs moment and stroke their ego. In fact it was SO BAD, they had to BLOCK the exit. A bunch of us actually had to sneak out the fire escape. jfc.

generiatricx

and to think, all i needed to do was buy 50BTC years ago. Today could be living off selling one btc a year. that's ONE BLOCK REWARD at the beginning. FML.

na3than

A double-spend attack is only possible if one is able to erase AN ENTIRE BLOCK, AND ALL LATER BLOCKS, from the blockchain. It is impossible to replace block X while leaving block X+1 intact. If you replace block X, block X+1 never existed.

Financial_Design_801

HASH RATE DIFFICULTY ADJUSTMENT 🔪 10 MIN BLOCK TIME Perfectly balanced. As all things should be.

Amber_Sam

Have you tried using the search feature in this sub? **The halving is a feature, not a bug**. Miners get paid the subsidy and fees. With each halving, **the fees make a larger portion** of miners income. Since the last halving, miners collected more sats from fees than the subsidy on many blocks. [Here's an example](https://mempool.space/block/0000000000000000000320283a032748cef8227873ff4872689bf23f1cda83a5) Block subsidy: 3.125 BTC Total fees: ‎37.626 BTC Subsidy + fees - BLOCK REWARD: ‎40.751 BTC

ManufacturerOk2805

They’re changing the ticker symbol to BLOCK

pickledeggmanwalrus

Yeah man that person is not a friend at all and they definitely aren’t some attractive lady. They are setting you up to be “pig butchered”. You can go browse r/scams and see where it is happening to people every single day. It’s the same thing every time. They Meet a “woman” online, become very friendly, friend eventually mentions how much money they are making trading crypto and want to help you make money too. The websites are all faked and it gives you the illusion you are making money but whenever you finally go to withdraw your millions you’re gonna have to deposit thousands of dollars more to “cover the fee”. These scams are designed to take every single dime you own and then the “friend” will encourage you to take loans or do whatever to get more money. Pig butcher scams are very serious, this is the kind of scam that potentially ruins people financially. BLOCK this “friend” immediately.

crimeo

> The transaction will stay in the mempool until it is accepted into an uncensored block. In the most extreme case: It never will be, the attackers can censor 100% of non attacker transactions. In a more realistic case: It will be, because they're being subtle, but the miners working on those will lose a % of their profits as they get orphaned more OFTEN than usual, not 100% just a little more often. For miners working on narrow profit margins, even a few % worse can put them out of business. > It will be more economically lucrative to mine transactions with the slightly higher fee attached to them. The point of censorship is to put other miners out of business, not to stop individual specific transactions. I censor your BLOCK, by not mining on it (or more likely: mining on it but only like 95% as often as I normally would by chance) so that your profit margin goes down and you go out of business, increasing my power and money. I don't care if some specific guys' transaction goes through. He can be on my block, that's fine. As long as he isn't on yours. Or sometimes is but meaningfully less often than random chance.

Salt-Singer3645

The letter says Bank statements: savings and checking accounts, and any other bank statements for Drivewealth LLC. WE NEED FULL MONTHLY STATEMENTS FROM 12/2021 TO PRESENT FOR: DIRVEWEALTH LLC BLOCK INC SQUARE INC NOT A LIST OF TRANSACTIONS, BUT BEGINNING AND

CletusVanDayum

Fun Interstellar trivia: the ticking in this scene occurs every 1.25 seconds and it represents one day passing on Earth for every tick. That is to say: TICK TOCK NEXT BLOCK

Wooden_Theme_9750

A few important responses to this post... You can adjust the daily spend limit, you aren't limited to $200. You are not required to use BLOCK to store your backup, you could store it on a different cloud. AND even though the setup will connect to the cloud of your choosing to store the "emergency access" document, you don't have to keep it there. It's a PDF. You can put it wherever you want.

DigitalParticles

Skyrocketing? Are you dense? BLOCK USER

zxsmart

Hey dawg, I heard you like BIG BLOCKS, so here's an 8x6' BLOCK for you!

kidhack

From the website: “BLOCK TIME 1 second”

lukeyboots

Where do you get the 170 000 kWh per bitcoin calculation from? The amount to mine 1 block / 6.25 (the BTC reward for said block)? Are you able to get a number for the kWh required to mine one BLOCK? As the block is really what you are mining here. It’s the BTC reward that halves. But you will always have to mine a complete block. If, at the time of writing, it was 170 000 kWh to mine 1.0 BTC, is it then 170 000 x 6.25 = 1,062,500 kWh per BLOCK?

Rootlevelprivileges

BLOCK AI. Launching end of month

yazan154a

PAXFUL SCAM COMPANY Don't using this company.. FROM 10 days trying to contact support teams but no answer. My issue is not a big issue just need verfiy phone number ( PAXFUL said need a mints to do this ) from 10 days no one back to me... Paxful trying to buy my account  but not accepted... PAXFUL CREATED A FAKE BUYER ACCOUNT TO STEEL MONEY.. ANYONE'S SENDING MONEY AND NOT RECEIVING ANYTHING MESSAGES ME TO SENDING IT TO MY LAWYER.. TRYING to HACKING my account.. AFTER THAT REPLY AND TELL ME ( HAVING SIMILAR PROBLEM) SO PAXFUL NO ABOUT HACKER'S OR PAXFUL A HACKER'S... PAXFUL DOWN BLOK MY ACCOUNT IF NOT A SCAM COMPANY PROVING THAT BY REPLY... IF NOT A SCAM.. I HAVING A PROVING THAT A PAXFUL A SCAM... ANYONE'S HAVING BALANCE IN PAXFUL SENDING OUT TO ANOTHER PLATFORM..( IF YOU CAN) HAVING A PROVE... IF PAXFUL NOT A SCAM REPLY DON'T BLOCK MY ACCOUNT...

MaximumStudent1839

>The fact that it’s culturally recognized is still valid. It is recognized in the sense that people recognize poop when they see it. To say "culturally recognized" means, it cultural sway and weight. lol. Much of crypto has no culture besides larping. The NFT sector is the worst offender. Everything is done under the guise of making money. >Doge. And that’s pretty hot rn. The fact you compared Doge with NFT larpers tell me you have very superficial understanding of the space. I have watched ETH NFT from 2021 until now. Paid attention to every move and BS! Doge has funny memes and engagement. Elon even replaced that the blue bird with the dog on Twitter. These are cultural tidbits. NFT larpers claim they want to support building the "metaverse", "IP", "crypto gaming" and all sort of BS. Most don't even get half way and call it a day. When the floor price stop moving, all of these KOLers just switch to the next hot pfp, no matter what has been built. Despite ETH NFTs projects have extravagent funding, they have made a much less cultural awareness and attention impact than memecoins. How many NFT blue chips done crazy stunts like putting a hat on the Wall Street bull? Nada. It is all about why floor price this and that. Talking down on others as "too poor" to understand their shit. And then when goes down, they lie about how money will rotate back into them. Yes, the ppl they ridicule would be the ones pumping their floor price. Lol the entitlement and copium... > Did you completely miss the part about cheap L2? Is it cheap? Right now, it costs $1.21 for me to send ETH from Coinbase to Arb. I have heard so much condescending and gaslighting BS from ETH maxis. Like, *"if you aren't willing to pay these "cheap" ETH L2 fees, you must be down so bad and should just leave crypto and give up."* That is the nauseating attitude from ETH maxis that has put a lot of us who used to buy ETH to want to pull a BIG MIDDLE FINGER AT YOU ALL! >You see a btc fee lately? Here is a nodemonkes purchase example on MagicEden: (41 minutes ago) [https://mempool.space/tx/29722af3100dab9ffd71e5603e0864ef370c1501438df1152555b67bf6616963](https://mempool.space/tx/29722af3100dab9ffd71e5603e0864ef370c1501438df1152555b67bf6616963) It costs $17.41 in fees on BTC. Within the same time, here is a MAYC purchase on Blur: (41 minutes ago) [https://etherscan.io/tx/0xfe0bd04aa100ef1868a2c9f09351af94ed95fa03a7c4430f6a6edca0e16a28a7](https://etherscan.io/tx/0xfe0bd04aa100ef1868a2c9f09351af94ed95fa03a7c4430f6a6edca0e16a28a7) It costs $100.64 in fees on ETH. No. Anyone who has used BTC/Ordinals know it is fucking more expensive on ETH than BTC. >High fees mean PEOPLE WANT TO PAY THOSE FEES The most funny part of ETH maxis is a whole lot of you don't understand how your fee market even works. It is not a real time bidding auction, as many want to claim. After EIIP-1559, fee is determined by LAST BLOCK's capacity and completely denominated in ETH. When market rallies, cascading liquidation of shorts often mean positions **NEED** TO PAY THOSE FEES. There is a funny analogy to this ETH maxis BS talk. It is like saying, the US has a housing crisis, because PEOPLE WANT TO PAY HIGH MORTGAGES. It is incredible gaslighting feed by the crypto bigwigs and higher ups to gaslight the entire low IQ group in this space. It completely ignores how it is due to ETH not scaling its blockspace on main net and artificially setting a price curve based on EIIP-1559. I don't believe most Americans would buy housing price is high because they *WANT TO PAY HIGH MORTGAGES.* Yet somehow, this nonsense is getting such a crappy pass in this space.

godsfist101

TICK TOCK NEXT BLOCK, oh wait Solana is down? Who could have seen this coming.

Staxu9900

He knows exactly what he is doing, he haven’t got his job, because he is honest. He is ruthless, evil man and I bet, he ruined a lot of lives already. What is sad is that, bullshit like this can affect the market, which is ridiculous, and shows all of us, how stupid space CRYPTO really is. If some scambag on high chair say tomorrow that, he think world will end on Wednesday, will the market crash? What a clown space CRYPTO is. Everyone already in crypto, should know what GENESIS BLOCK has in it, and shouldn’t react at all on what some celebrity says, was it Britney Spears, Kim Kardashian, or Jamie Demon 😈 FFS

Staxu9900

This is weird plans, because people “in crypto” know and understand what GENESIS BLOCK has in it. He may just try to scare people or manipulate some market movements, which on the other side I never understood…because why crypto would react to fake news like that? It only benefits those who leverage trade, so I guess market movements and fake news are related to some extent and it’s part of the game, because there is NO reason to react to, whatever Britney Spears, Kim Kardashian or Jamie Dildo has to say about crypto.

pictogasm

Plain old BLOCK trades. Been taking place for decades with equities, bonds, swaps, cdo's, etc)

SmoothGoing

Cashapp, its refunded transactions with low network fees getting stuck, will earn them the same shit reviews as coinbase did with its nonexistent support. It's unfortunate. They added bitcoin to pad their quarterly earnings reports, but were not prepared to actually deal with it. No wonder parent company's BLOCK inc shares are down a whopping 75% from peak, wiping out nearly $120 BILLION in market cap. Of course it's not because of adding bitcoin, but still, shareholder value destruction is horrendous. Maybe avoid using cashapp for bitcoin until they fix their shit.

soks86

$250k PER BLOCK! They're paying a lot. Mining fees are pushing up against the BTC mining reward.

poky23

Your mom needing that kidney transplant because she was hit by a drunk driver on Tuesday night (around 1120) after working a late night shift to support for your school and you love her so much and would do everything and anything for her…FUCKING BLOCK HER

PopeSalmon

what would you like to know, it's a very long story :/ "BTC" is a fake version of Bitcoin that was hacked by keeping the temporary variable MAX\_BLOCK\_SIZE in place permanently, a change which dooms it to eventual chain death & therefore makes it worthless & kinda silly there was a bunch of drama about it BSV is what normal Bitcoin is called now

PopeSalmon

everyone here should know & then the world would be a very different place, but they don't b/c it's very very confusing, sorry :/ i can try to explain a little & maybe answer any questions but it's unlikely to immediately be clear to you wtf is going on, it really is confusing you know how people say Bitcoin is unhackable? well, as any good hacker knows, one of the main vulnerabilities of systems that are mostly made out of computers is to "social" them, that is, to use social engineering to get the human part of the system to give you access they shouldn't the hack of Bitcoin was pretty clever, in some ways (less clever in other ways, like, they accidentally programmed it to be doomed to die, oops): they hacked it by KEEPING A VARIABLE THE SAME ,, that doesn't sound like a hack but it totally was ,, there was this variable MAX\_BLOCK\_SIZE which everyone involved agreed was just a temporary safety measure, like they weren't entirely sure that it wouldn't be in danger of someone attacking it by making giant blocks, so they put in a safety limit waaaaaay above actual *usage* as a safety measure *while figuring out how to make sure it's ok* ,,,, the hack was simply to refuse to change that variable, to leave it in place at the same value forever, to where it became an actual economic part of the system--- they hoped this would force transactions onto their alternative systems, at the time i think this was mostly before Lightning & they were thinking it'd make people use Liquid🙄 so since Bitcoin is an open system, why didn't people just rebel & run a version w/ no block cap? aha, you're onto something, good thinking--- that version was called BitcoinXT, & naturally since they thought they had this clever racket worked out that version FREAKED OUT the group of people who'd got together to gently calmly hack Bitcoin into staying "the same" the way they wanted it for their profit--- they WENT TO WAR against BitcoinXT,,,, now notice that Craig Wright wasn't involved, there was no chain split, there was one Bitcoin chain & it was called "BTC" & the people making BitcoinXT were some people much less useful as enemies than Craig Wright, people named Gavin Andresen and Mike Hearn, they're cuties & so they had to make up a story about how they were *too* innocent & had been fooled into it by big mean companies😂😑 that conflict happened like a decade ago ,,,, i got my own ban from /r/Bitcoin back then simply by saying "i'm not of course at liberty to speak freely here" which i thought was an honorable way to get my ban ,,, they had to ban anyone who was speaking out against the idea of permanently enforcing MAX\_BLOCK\_SIZE (again, documented very clearly to have been agreed by everyone putting it in place at the time to be a temporary defensive safety measure just in case, not a part of the economics of the system) "Bitcoin" as the people here understand it is an elaborate, bizarre, cultish lie that's persisted for nearly a decade ,,,,,,, sorry about the confusion, let me know if you have any questions :/

rgmundo524

>*everyone* agreed that MAX\_BLOCK\_SIZE was supposed to be temporary Absolutely not true. >b/c they are *liars* who thought that might help their investment in sidechains & shit-- they *lied* and *hacked Bitcoin* Did you take your meds today? Your tinfoil hat is showing. Nevertheless my point stands. The people made their choice which defines what Bitcoin is now. To claim that Bitcoin is fake, means that you don't value the voice of the People. Either way. This conversation is over.

PopeSalmon

uh no *everyone* agreed that MAX\_BLOCK\_SIZE was supposed to be temporary, that was the *entire* idea, & then *later* they came up w/ an idea that maybe it was never supposed to be temporary b/c they are *liars* who thought that might help their investment in sidechains & shit-- they *lied* and *hacked Bitcoin*, it's not some innocent little mistake or disagreement

PopeSalmon

oh i had a lot of fun w/ the dogecoin meme!! from my perspective what happened was that the MAX\_BLOCK\_SIZE hack caused the soul of Bitcoin to fracture into many pieces--- "BTC" retained just the ticker & brand, while actually making transactions went to various chains that could still do that, & the fun sharing caring community part ran away to dogeland for a while but then ofc since they didn't actually know what technology they'd copied the doge chain decayed & it wasn't able to support bitcoiny fun on an ongoing basis & that meme jumped shark i'm working hard trying to bring that part of Bitcoin's soul back into it, the way things were creative at first

PopeSalmon

uh no, Bitcoin was meant to not have MAX\_BLOCK\_SIZE except as a temporary measure-- that's *very clearly documented* & not really contested, what they'll say is that it turns out it needed to be permanent tho🙄-- so BSV follows the Bitcoin plan & thus it fucking works, did you notice "BTC" is fucking entirely broken

PopeSalmon

removing MAX\_BLOCK\_SIZE wasn't a change, that was the plan the change was keeping it in permanently when it was documented to be temporary

Fiach_Dubh

Bitcoin Core installation binaries can be downloaded from bitcoincore.org and the source-code is available from the [Bitcoin Core source repository](https://github.com/bitcoin/bitcoin). 26.0 Release Notes Bitcoin Core version 26.0 is now available from: https://bitcoincore.org/bin/bitcoin-core-26.0/ This release includes new features, various bug fixes and performance improvements, as well as updated translations. Please report bugs using the issue tracker at GitHub: https://github.com/bitcoin/bitcoin/issues To receive security and update notifications, please subscribe to: https://bitcoincore.org/en/list/announcements/join/ How to Upgrade If you are running an older version, shut it down. Wait until it has completely shut down (which might take a few minutes in some cases), then run the installer (on Windows) or just copy over /Applications/Bitcoin-Qt (on macOS) or bitcoind/bitcoin-qt (on Linux). Upgrading directly from a version of Bitcoin Core that has reached its EOL is possible, but it might take some time if the data directory needs to be migrated. Old wallet versions of Bitcoin Core are generally supported. Compatibility Bitcoin Core is supported and extensively tested on operating systems using the Linux kernel, macOS 11.0+, and Windows 7 and newer. Bitcoin Core should also work on most other Unix-like systems but is not as frequently tested on them. It is not recommended to use Bitcoin Core on unsupported systems. Notable changes P2P and network changes Experimental support for the v2 transport protocol defined in BIP324 was added. It is off by default, but when enabled using -v2transport it will be negotiated on a per-connection basis with other peers that support it too. The existing v1 transport protocol remains fully supported. Nodes with multiple reachable networks will actively try to have at least one outbound connection to each network. This improves individual resistance to eclipse attacks and network level resistance to partition attacks. Users no longer need to perform active measures to ensure being connected to multiple enabled networks. (#27213) Pruning When using assumeutxo with -prune, the prune budget may be exceeded if it is set lower than 1100MB (i.e. MIN_DISK_SPACE_FOR_BLOCK_FILES * 2). Prune budget is normally split evenly across each chainstate, unless the resulting prune budget per chainstate is beneath MIN_DISK_SPACE_FOR_BLOCK_FILES in which case that value will be used. (#27596) Updated RPCs Setting -rpcserialversion=0 is deprecated and will be removed in a future release. It can currently still be used by also adding the -deprecatedrpc=serialversion option. (#28448) The hash_serialized_2 value has been removed from gettxoutsetinfo since the value it calculated contained a bug and did not take all data into account. It is superseded by hash_serialized_3 which provides the same functionality but serves the correctly calculated hash. (#28685) New fields transport_protocol_type and session_id were added to the getpeerinfo RPC to indicate whether the v2 transport protocol is in use, and if so, what the session id is. A new argument v2transport was added to the addnode RPC to indicate whether a v2 transaction connection is to be attempted with the peer. Miniscript expressions can now be used in Taproot descriptors for all RPCs working with descriptors. (#27255) finalizepsbt is now able to finalize a PSBT with inputs spending Miniscript-compatible Taproot leaves. (#27255) Changes to wallet related RPCs can be found in the Wallet section below. New RPCs loadtxoutset has been added, which allows loading a UTXO snapshot of the format generated by dumptxoutset. Once this snapshot is loaded, its contents will be deserialized into a second chainstate data structure, which is then used to sync to the network’s tip. Meanwhile, the original chainstate will complete the initial block download process in the background, eventually validating up to the block that the snapshot is based upon. The result is a usable bitcoind instance that is current with the network tip in a matter of minutes rather than hours. UTXO snapshot are typically obtained via third-party sources (HTTP, torrent, etc.) which is reasonable since their contents are always checked by hash. You can find more information on this process in the assumeutxo design document (https://github.com/bitcoin/bitcoin/blob/master/doc/design/assumeutxo.md). getchainstates has been added to aid in monitoring the assumeutxo sync process. A new getprioritisedtransactions RPC has been added. It returns a map of all fee deltas created by the user with prioritisetransaction, indexed by txid. The map also indicates whether each transaction is present in the mempool. (#27501) A new RPC, submitpackage, has been added. It can be used to submit a list of raw hex transactions to the mempool to be evaluated as a package using consensus and mempool policy rules. These policies include package CPFP, allowing a child with high fees to bump a parent below the mempool minimum feerate (but not minimum relay feerate). (#27609) Warning: successful submission does not mean the transactions will propagate throughout the network, as package relay is not supported. Not all features are available. The package is limited to a child with all of its unconfirmed parents, and no parent may spend the output of another parent. Also, package RBF is not supported. Refer to doc/policy/packages.md for more details on package policies and limitations. This RPC is experimental. Its interface may change.

Professional-Kiwi144

I do think the system and movement will be successful, which is why I originally invested heavily into bitcoin. I am currently invested in BLOCK and HIVE which are blockchain system companies that I believe will preform well, but I have a hard time believing that bitcoin will ballon to the millions of dollars some people say it will before governments start to take control of it. I just think the government is going to start putting restrictions on it and possibly ban it and I don’t want all my money tied up with that risk.

PopeSalmon

warning, "BTC" is a fake "Bitcoin", doesn't work at all, they hacked & broke it by keeping MAX\_BLOCK\_SIZE in place (it was documented to be a temporary fix) ,,, uh sorry about the confusion :/

Zilivanili

Mine are: $NXRA around $100M MC (RWA) will be a billion dollar + MC somewhere this bull run $VRA around $50M MC will change their tokenomics this month so will finally take off like last run $CROWN around $50M MC is the DFK of this cycle. Just check it out and you’ll see for yourself how big this will get. Small bets: $AMO is a $20M MC that pays for you to work out. This will go viral again (reminds me of GMT but way better) could 100x IMO $TOOLS team is amazing and only $10M MC $BLOCK (The Block Explorer ) is an AI webbrowser. Only $1M MC. Not sure about this one but I took a leap of faith here. I’ve been researching my investments for the last 2 years and these are the ones I’m comfortable with. Don’t take my word for it but DYOR.

PopeSalmon

that entire Bitcoin is fake, the "BTC" "Bitcoin" isn't Bitcoin, it was a very clever hack in some ways, they snuck it by people, b/c the hack was to *keep a temporary variable in place*, MAX\_BLOCK\_SIZE, so that was subtle enough they could sneak it through ,, unfortunately for them it's not as effective a hack as they thought it would be & they've accidentally doomed the "Bitcoin" they boarded & attempted to control ,, it's a naturally uncontrollable system

PopeSalmon

this is b/c what they're dividing by, the number of transactions it's able to do, was forcefully limited by the hack of keeping the temporary variable MAX\_BLOCK\_SIZE is place--- this should be a clue to you that *this is not Bitcoin or even vaguely Bitcoin-like*,, the only currently functional realistic Bitcoin is BSV,, sorry about the confusion

PopeSalmon

do you not get it that this "Bitcoin" is broken, they hacked it & kept MAX\_BLOCK\_SIZE in (even though it was clearly documented to have been intended as temporary) which completely broke it, why are you just accepting that Bitcoin fees fluctuate like that, they're supposed to fluctuate from tiny to even tinier, this "Bitcoin" is very clearly broken

PopeSalmon

actual Bitcoin, BSV, is far more difficult to censor & control than the fake Bitcoin, censoring most transactions by hacking it to keep MAX\_BLOCK\_SIZE in permanently makes it easy to go the rest of the way & censor the last few remaining transactions

PopeSalmon

this fake "BTC" has been doomed ever since it was boarded & hacked by some thoughtless pirates who didn't realize that if they stuck the temporary restriction MAX\_BLOCK\_SIZE in place forever they would ultimately drown the chain, they've been bailing since

DrGarbinsky

JUST INCREASE THE BLOCK SIZE!! fuck me. It's not that hard.

PopeSalmon

that's a fake Bitcoin that's been doomed to this ever since they created it by the hack of keeping in the temporary MAX\_BLOCK\_SIZE permanently--- they thought that hacking it like that would make people have to use their shit (it was Liquid at the time mostly rather than Lightning which came later, i think) & they didn't realize (charitably, or didn't care) that it ultimately doomed the system

PopeSalmon

you uh literally can't use "your" bitcoin, it's just a fake "bitcoin" where they intentionally broke it by keeping MAX\_BLOCK\_SIZE the same when it was clearly documented to be temporary i assume by "use" you just mean, occasionally send to an exchange, & you've never actually used bitcoin for much of anything

fairysquirt

looool "in it for the tech" they didn't even have a white paper, OR A BLOCK CHAIN... and they don't even have any on chain history of their initial minting and distribution!!!, Moons are absolutely unique in all of cryptocurrency, for the very wrong reasons.

Fiach_Dubh

This one is going to have support for BIP324, wow lad. > The release notes draft is a temporary file that can be added to by anyone. See /doc/developer-notes.md#release-notes for the process. > > 26.0 Release Notes Draft > Bitcoin Core version 26.0 is now available from: > > https://bitcoincore.org/bin/bitcoin-core-26.0/ > > This release includes new features, various bug fixes and performance improvements, as well as updated translations. > > Please report bugs using the issue tracker at GitHub: > > https://github.com/bitcoin/bitcoin/issues > > To receive security and update notifications, please subscribe to: > > https://bitcoincore.org/en/list/announcements/join/ > > How to Upgrade > If you are running an older version, shut it down. Wait until it has completely shut down (which might take a few minutes in some cases), then run the installer (on Windows) or just copy over /Applications/Bitcoin-Qt (on macOS) or bitcoind/bitcoin-qt (on Linux). > > Upgrading directly from a version of Bitcoin Core that has reached its EOL is possible, but it might take some time if the data directory needs to be migrated. Old wallet versions of Bitcoin Core are generally supported. > > Compatibility > Bitcoin Core is supported and extensively tested on operating systems using the Linux kernel, macOS 11.0+, and Windows 7 and newer. Bitcoin Core should also work on most other Unix-like systems but is not as frequently tested on them. It is not recommended to use Bitcoin Core on unsupported systems. > > Notable changes > P2P and network changes > Experimental support for the v2 transport protocol defined in BIP324 was added. It is off by default, but when enabled using -v2transport it will be negotiated on a per-connection basis with other peers that support it too. The existing v1 transport protocol remains fully supported. > > Nodes with multiple reachable networks will actively try to have at least one outbound connection to each network. This improves individual resistance to eclipse attacks and network level resistance to partition attacks. Users no longer need to perform active measures to ensure being connected to multiple enabled networks. (#27213) > > Pruning > When using assumeutxo with -prune, the prune budget may be exceeded if it is set lower than 1100MB (i.e. MIN_DISK_SPACE_FOR_BLOCK_FILES * 2). Prune budget is normally split evenly across each chainstate, unless the resulting prune budget per chainstate is beneath MIN_DISK_SPACE_FOR_BLOCK_FILES in which case that value will be used. (#27596) > Updated RPCs > Setting -rpcserialversion=0 is deprecated and will be removed in a future release. It can currently still be used by also adding the -deprecatedrpc=serialversion option. (#28448) > > The hash_serialized_2 value has been removed from gettxoutsetinfo since the value it calculated contained a bug and did not take all data into account. It is superseded by hash_serialized_3 which provides the same functionality but serves the correctly calculated hash. (#28685) > > New fields transport_protocol_type and session_id were added to the getpeerinfo RPC to indicate whether the v2 transport protocol is in use, and if so, what the session id is. > > A new argument v2transport was added to the addnode RPC to indicate whether a v2 transaction connection is to be attempted with the peer. > > Changes to wallet related RPCs can be found in the Wallet section below. > > New RPCs > loadtxoutset has been added, which allows loading a UTXO snapshot of the format generated by dumptxoutset. Once this snapshot is loaded, its contents will be deserialized into a second chainstate data structure, which is then used to sync to the network's tip. > > Meanwhile, the original chainstate will complete the initial block download process in the background, eventually validating up to the block that the snapshot is based upon. > > The result is a usable bitcoind instance that is current with the network tip in a matter of minutes rather than hours. UTXO snapshot are typically obtained via third-party sources (HTTP, torrent, etc.) which is reasonable since their contents are always checked by hash. > > You can find more information on this process in the assumeutxo design document (https://github.com/bitcoin/bitcoin/blob/master/doc/design/assumeutxo.md). > > getchainstates has been added to aid in monitoring the assumeutxo sync process. > > A new getprioritisedtransactions RPC has been added. It returns a map of all fee deltas created by the user with prioritisetransaction, indexed by txid. The map also indicates whether each transaction is present in the mempool. (#27501) > > A new RPC, submitpackage, has been added. It can be used to submit a list of raw hex transactions to the mempool to be evaluated as a package using consensus and mempool policy rules. These policies include package CPFP, allowing a child with high fees to bump a parent below the mempool minimum feerate (but not minimum relay feerate). (#27609) > > Warning: successful submission does not mean the transactions will propagate throughout the network, as package relay is not supported. > > Not all features are available. The package is limited to a child with all of its unconfirmed parents, and no parent may spend the output of another parent. Also, package RBF is not supported. Refer to doc/policy/packages.md for more details on package policies and limitations. > > This RPC is experimental. Its interface may change. > > A new RPC getaddrmaninfo has been added to view the distribution of addresses in the new and tried table of the node's address manager across different networks(ipv4, ipv6, onion, i2p, cjdns). The RPC returns count of addresses in new and tried table as well as their sum for all networks. (#27511) > > A new importmempool RPC has been added. It loads a valid mempool.dat file and attempts to add its contents to the mempool. This can be useful to import mempool data from another node without having to modify the datadir contents and without having to restart the node. (#27460) > > Warning: Importing untrusted files is dangerous, especially if metadata from the file is taken over. > If you want to apply fee deltas, it is recommended to use the getprioritisedtransactions and prioritisetransaction RPCs instead of the apply_fee_delta_priority option to avoid double-prioritising any already-prioritised transactions in the mempool. > Build System > Updated settings > bitcoind and bitcoin-qt will now raise an error on startup if a datadir that is being used contains a bitcoin.conf file that will be ignored, which can happen when a datadir= line is used in a bitcoin.conf file. The error message is just a diagnostic intended to prevent accidental misconfiguration, and it can be disabled to restore the previous behavior of using the datadir while ignoring the bitcoin.conf contained in it. (#27302) > > Passing an invalid -debug, -debugexclude, or -loglevel logging configuration option now raises an error, rather than logging an easily missed warning. (#27632) > > Changes to GUI or wallet related settings can be found in the GUI or Wallet section below. > > New settings > Tools and Utilities > A new bitcoinconsensus_verify_script_with_spent_outputs function is available in libconsensus which optionally accepts the spent outputs of the transaction being verified. > A new bitcoinconsensus_SCRIPT_FLAGS_VERIFY_TAPROOT flag is available in libconsensus that will verify scripts with the Taproot spending rules. > Wallet > Wallet loading has changed in this release. Wallets with some corrupted records that could be previously loaded (with warnings) may no longer load. For example, wallets with corrupted address book entries may no longer load. If this happens, it is recommended load the wallet in a previous version of Bitcoin Core and import the data into a new wallet. Please also report an issue to help improve the software and make wallet loading more robust in these cases. (#24914) > > The gettransaction, listtransactions, listsinceblock RPCs now return the abandoned field for all transactions. Previously, the "abandoned" field was only returned for sent transactions. (#25158) > > The listdescriptors, decodepsbt and similar RPC methods now show h rather than apostrophe (') to indicate hardened derivation. This does not apply when using the private parameter, which matches the marker used when descriptor was generated or imported. Newly created wallets use h. This change makes it easier to handle descriptor strings manually. E.g. the importdescriptors RPC call is easiest to use h as the marker: '["desc": ".../0h/..."]'. With this change listdescriptors will use h, so you can copy-paste the result, without having to add escape characters or switch ' to 'h' manually. Note that this changes the descriptor checksum. For legacy wallets the hdkeypath field in getaddressinfo is unchanged, nor is the serialization format of wallet dumps. (#26076) > > The getbalances RPC now returns a lastprocessedblock JSON object which contains the wallet's last processed block hash and height at the time the balances were calculated. This result shouldn't be cached because importing new keys could invalidate it. (#26094) >

mnkbstard

OP this title is extremely misleading. MARA mined a invalid block that has been rejected instantly by network nodes. reason for rejection was misordered transactions: a transaction used as input another transaction in the same block, but the IN tx was listed after the OUT transaction. this tx caused the block to be rejected because it had a reference to an unexisting input. NO BLOCK WITH EXTRA BITCOIN WAS RELEASED

igadjeed

Reverse is the wrong term The Bitcoin network, because of the reality of physics, has latency. This means that it is possible for 2 different miners to release a block at the same time (near enough to the same time) to the node network. This happens roughly 10 times per year When there is a tied mining race, the node network has a 1-block chain tip fork. But every node is independent, which means that no node is aware that some other nodes are now following a slightly different chain When the next block arrives, it is mined by a miner whose node followed one or other side of the tied mining fork (previous block). Nodes on the other side of the fork are unable to add this new block to their chains because of a mismatch in PREV_BLOCK_HASH, the piece which links the entire chain from most recent block back to genesis The nodes on the "losing" side of the fork resolve this mismatch by requesting their peer nodes to send the previous block which fits the new block. This is called a chain tip reorg. It's common to read that Bitcoin "follows the longest chain" Thus, in the expectation of a 1-block chain tip fork caused by a tied mining race, we should expect to wait 2 confirmations before being certain that a transaction exists on the blockchain Note: there's no reversal. From the blockchain point of view, there is only the longest chain. A block which existed in a temporary 1-block tip fork no longer exists. Its transactions weren't reversed. They just don't exist (even though they obviously existed temporarily) Occasionally, there are 2 tied mining races in a row. The software is not limited to 1-block tip reorgs. In fact there is no limit to the depth of a chain tip reorg So, in anticipation of 2 tied mining races in a row, and a 2-block tip reorg, we should wait 3 confirmations Occasionally, a tip reorg is re-reorged, switching the longest chain back to the chain which had previously been reorged as he shorter chain. The mining conditions which might cause this are fairly simple, but not simple to put into words. These incidents are uncommon So, if you're super-cautious you might anticipate a 2-block reorg followed by a 2-block re-reorg. At this point I've lost my ability to count, but I think it means waiting either 3 confirmations or 4 confirmations I think 6 confirmations is over-cautious. I'm not sure where it originated. I've seen suggestions it was recommended by Satoshi, but a quick read of Satoshi Nov-2008 indicates he recommended 2 confirmations https://www.metzdowd.com/pipermail/cryptography/2008-November/014832.html > The recipient just needs to verify it back to a depth that is sufficiently far back in the block chain, which will often only require a depth of 2 transactions I think this might actually mean tracking transaction backlinks, not block confirmations In the same message ... > Receivers of transactions will normally need to hold transactions for perhaps an hour or more to allow time for this kind of possibility to be resolved It would be reasonable to interpret "an hour" as 6 confirmations

No_Wrongdoer9160

Crypto rewriting the rules of finance, one BLOCK at a time

Warrlock608

I'm going to need another year to reach my goal, so if BTC can just stay put or go lower that would be great. TICK TOCK, NEXT BLOCK.

Mr_AdultGamer

I suggest you BLOCK your friend then change your address bro. I'm serious!

igadjeed

"The network" has no knowledge in itself. Each node operator chooses which set of consensus rules apply to the blockchain stored on his own node. There is no guarantee that all the nodes your own node is connected to have the same copy of the blockchain The network converges to consensus (the same history on every node) * because verification of a block is binary. The block is good or bad, never partially good. If a node verifies a block (including all transactions) as valid, it adds the block to its blockchain and propagates the block to its neighbor nodes. If the block is bad, the node does not add it to its blockchain, and does not propagate it * because every block is linked to the previous block. When a node receives a new block, it can not add the block to its chain unless the block's PREV_BLOCK_HASH is identical to the previous block's header hash If a rogue node, or a group of nodes with different consensus rules exists on the network, they're welcome to connect to any node. The network is open, with no authentication requirement. But their different consensus rules cause either of these two conditions * the rogues accept a block which the standard consensus rules reject * the rogues reject a block which the standard consensus rules accept In the first case, the rogue node adds a block to its chain, sends the block to neighbor nodes. The neighbor nodes all reject the block. This makes a fork, in that the block at the tip of the rogue nodes' chain does not exist in the other nodes' chain. A miner creates the next block. This block has a PREV_BLOCK_HASH matching the tip block of the regular nodes. The rogue nodes can not use this block to extend their chain. It follows that the rogue nodes' chain can never be extended. But if the miner is on the rogue side of the network, the rogue nodes' chain tip is now 2 blocks longer. If there are miners on both sides, the rogue miners make blocks which extend the rogue nodes' chains, and the regular miners make blocks which extend the regular nodes' chains. Who decides rogue vs regular. Obviously I do, because I choose those two words prejudicially. In practice, Bitcoin makes no value judgments In the second case, the rogue nodes reject valid blocks and do not extend their chains. Again, if there are some miners following the same consensus rules as the rogue nodes, there is no objective way to choose one chain as regular and the other chain as rogue Important: the longest chain rule applies where a temporary chain tip fork has occurred by chance, among nodes with identical consensus rules. This rule can not be used to resolve a chain fork caused by variant consensus rules Most important is the practical problem of making a transaction - Bitcoin's only purpose. Nodes and miners can fork into separate chains with different consensus rules, and a node only cares that its own chain is consistent with its own consensus rules. Now, I want to send Bitcoin to the company which provides my VPN service. This transaction will work if both my node and the VPN company's node have exactly the same blockchain. If one of us has forked to a separate chain, I can not make the purchase Expand this one transaction to the 40,000 similar transactions every day. It is evident that the merchants and customers have a common interest in their nodes having the same blockchain. So there is no incentive for any node operator to experiment with different consensus rules, either alone or in conspiracy with other nodes and miners The above mechanics, and the social motivations, ensure that Bitcoin nodes converge to the same blockchain, even though every node is operated independently

zoomercoomer9000

You need to add Arbitrum Nova network using these settings: ``` NAME: Arbitrum Nova RPC: https://nova.arbitrum.io/rpc CHAIN ID: 42170 SYMBOL: ETH BLOCK EXPLORER: https://nova-explorer.arbitrum.io/ ``` And then you need to import the Moon token contract: ``` 0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0 ``` You'll be able to view and interact with your moons.

HughHonee

And BTW you can verify who created BTC. It's whoever can sign (holds the private key) to this pgp pub key, belonging to the user who first posted & shared the Bitcoin whitepaper -----BEGIN PGP PUBLIC KEY BLOCK----- Version: GnuPG v1.4.7 (MingW32) mQGiBEkJ+qcRBADKDTcZlYDRtP1Q7/ShuzBJzUh9hoVVowogf2W07U6G9BqKW24r piOxYmErjMFfvNtozNk+33cd/sq3gi05O1IMmZzg2rbF4ne5t3iplXnNuzNh+j+6 VxxA16GPhBRprvnng8r9GYALLUpo9Xk17KE429YYKFgVvtTPtEGUlpO1EwCg7FmW dBbRp4mn5GfxQNT1hzp9WgkD/3pZ0cB5m4enzfylOHXmRfJKBMF02ZDnsY1GqeHv /LjkhCusTp2qz4thLycYOFKGmAddpVnMsE/TYZLgpsxjrJsrEPNSdoXk3IgEStow mXjTfr9xNOrB20Qk0ZOO1mipOWMgse4PmIu02X24OapWtyhdHsX3oBLcwDdke8aE gAh8A/sHlK7fL1Bi8rFzx6hb+2yIlD/fazMBVZUe0r2uo7ldqEz5+GeEiBFignd5 HHhqjJw8rUJkfeZBoTKYlDKo7XDrTRxfyzNuZZPxBLTj+keY8WgYhQ5MWsSC2MX7 FZHaJddYa0pzUmFZmQh0ydulVUQnLKzRSunsjGOnmxiWBZwb6bQjU2F0b3NoaSBO YWthbW90byA8c2F0b3NoaW5AZ214LmNvbT6IYAQTEQIAIAUCSQn6pwIbAwYLCQgH AwIEFQIIAwQWAgMBAh4BAheAAAoJEBjAnoZeyUihXGMAnjiWJ0fvmSgSM3o6Tu3q RME9GN7QAKCGrFw9SUD0e9/YDcqhX1aPMrYue7kCDQRJCfqnEAgA9OTCjLa6Sj7t dZcQxNufsDSCSB+yznIGzFGXXpJk7GgKmX3H9Zl4E6zJTQGXL2GAV4klkSfNtvgs SGJKqCnebuZVwutyq1vXRNVFPQFvLVVo2jJCBHWjb03fmXmavIUtRCHoc8xgVJMQ LrwvS943GgsqSbdoKZWdTnfnEq+UaGo+Qfv66NpT3Yl0CXUiNBITZOJcJdjHDTBO XRqomX2WSguv+btYdhQGGQiaEx73XMftXNCxbOpqwsODQns7xTcl2ENru9BNIQME I7L9FYBQUiKHm1k6RrBy1as8XElS2jEos7GAmlfF1wShFUX+NF1VOPdbN3ZdFoWq sUjKk+QbrwADBQgA9DiD4+uuRhwk2B1TmtrXnwwhcdkE7ZbLHjxBfCsLPAZiPh8c ICfV3S418i4H1YCz2ItcnC8KAPoS6mipyS28AU1B7zJYPODBn8E7aPSPzHJfudMK MqiCHljVJrE23xsKTC0sIhhSKcr2G+6ARoG5lwuoqJqEyDrblVQQFpVxBNPHSTqu O5PoLXQc7PKgC5SyQuZbEALEkItl2SL2yBRRGOlVJLnvZ6eaovkAlgsbGdlieOr0 UwWuJCwzZuBDruMYAfyQBvYfXZun3Zm84rW7Jclp18mXITwGCVHg/P5n7QMbBfZQ A25ymkuj636Nqh+c4zRnSINfyrDcID7AcqEb6IhJBBgRAgAJBQJJCfqnAhsMAAoJ EBjAnoZeyUihPrcAniVWl5M44RuGctJe+IMNX4eVkC08AJ9v7cXsp5uDdQNo8q3R 8RHwN4Gk8w== =3FTe -----END PGP PUBLIC KEY BLOCK----- Otherwise known under the pseudonym 'Satoshi Nakamoto' Of course we can't verify the true identity of that handle, but one of the beauties of the internet is that we don't have to. Bitcoin is an extension of that fundamental core principle of internet network, permissionless interaction verifiable while anonymous. Ofc the government has created obstacles in the form of regulation, allowing companies & IPS to invade internet privacy, and under the guise of antiML/KYC regulations are counterattacking bitcoins anonymity feature.

zoomercoomer9000

You need to add Arbitrum Nova network using these settings: ``` NAME: Arbitrum Nova RPC: https://nova.arbitrum.io/rpc CHAIN ID: 42170 SYMBOL: ETH BLOCK EXPLORER: https://nova-explorer.arbitrum.io/ ``` And then you need to import the Moon token contract: ``` 0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0 ``` You'll be able to view and interact with your moons.

igadjeed

There's no voting, no majority. The Bitcoin node network is open. There is no way to authenticate a node. Nodes can not be counted. Bitcoin consensus emerges through every node verifying every block independently That is, I know my node has correctly validated every block in my copy of the blockchain, and I don't know whether any other node has the same blockchain If I need to purchase something using Bitcoin, the purchase transaction can only work if my node and the merchant's node have the same transaction history. Extrapolate from this to every transaction sent by anybody, and it follows that Bitcoin can only work if every node has the same blockchain ###The mechanism * Each node relies on its own consensus rules * Each block is locked up by the Merkle tree of transaction hashes, storing the Merkle root hash in the block header * The blockchain is locked up by storing the previous block's header hash in each block's header (that's why it's called a chain) * When a miner wins the race to publish a new block, he sends the new block to one or more nodes. Nodes do not trust miners. Each of those nodes applies the consensus rules. This verification is comprehensive - block header hash, each block header field, every transaction checked for no double spending, every transaction checked for valid signatures. If there are no errors, the node sends the block to his peers (124 nodes he's connected to). Nodes do not trust nodes. Each of the peer nodes applies the consensus rules. If the block or any of the block's transactions have any errors, the block is not added to the node's blockchain, and the block is not propagated to other nodes. This process - a node propagates the new block **only if it has no errors** - is the main reason that nodes converge to the same blockchain even though every node is independent * It follows that nodes with different consensus rules are not participating because their different rules * either prevent them from accepting a valid block * or cause them to send an invalid block to their peer nodes, and those peers do not propagate those blocks Rogue nodes are permitted to participate in the network, but they're unable to extend their chains because each new block has a PREV_BLOCK_HASH which fails to match the rogue node's chain tip block's header hash > Do all full nodes need to confirm that the block and its content is valid or do we need only a majority of them to do so? Only your own node needs to confirm that each block and all transactions are valid

Perfect_Tart_4719

As far as theories go, this is as decent as any, but really though, 21M is the result of math and a set of rules, it is not a number that was picked, but a result of rules that were set. !!Here are those rules!! 1. New units of currency would be issued with every block to serve as incentive for people to verify transactions, STARTING AT 50 UNITS PER BLOCK 2. ON AVERAGE, A NEW BLOCK SHOULD BE MINED EVERY 10 MINUTES (The mining difficulty adjusts itself to allow the network to achieve this) 3. The number of new units of currency issued per block would be halved every 210,000 blocks (or 4 years) 4. 50% of units should be released within the first "halving" cycle (now refer to rule 2 again) These rules when put into action, result in 21M BTC that will ever be newly issued. The code no where says that 21M would be the issuance. It is the FIXED monetary policy of Bitcoin that results in the total fixed supply. Hope this helps!!

zoomercoomer9000

He can import his seed phrase into something like MetaMask, and add the Arbitrum Nova network. MetaMask: https://metamask.io/download/ Network settings for Arbitrum Nova: ``` NAME : Arbitrum Nova RPC: https://nova.arbitrum.io/rpc CHAIN ID : 42170 SYMBOL: ETH BLOCK EXPLORER: https://nova-explorer.arbitrum.io/ ``` He will then be able to access his ETH on Nova.

nevjera

NAME : Arbitrum Nova RPC: https://nova.arbitrum.io/rpc CHAIN ID : 42170 SYMBOL: ETH BLOCK EXPLORER: https://nova-explorer.arbitrum.io/ MOONS Contract Address: 0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0 BRICKS Contract Address: 0x6DcB98f460457fe4952e12779Ba852F82eCC62C1

zoomercoomer9000

The seed phrase proves ownership of the EVM address assigned to your Reddit vault. Not only can you restore the vault with those 12 words, but you can also import the address to MetaMask and interact with your funds on there. MetaMask: https://metamask.io/download/ Network settings for Arbitrum Nova: ``` NAME : Arbitrum Nova RPC: https://nova.arbitrum.io/rpc CHAIN ID : 42170 SYMBOL: ETH BLOCK EXPLORER: https://nova-explorer.arbitrum.io/ ``` MOONS Contract Address: ``` 0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0 ``` tl;dr: yes

omghag18

I am saying this again: 1)ETFS BEAT THE PURPOSE OF CRYPTO AND BLOCK CHAIN. 2) CRYPTO MEANS SELF CUSTODY ITS MEANT TO BE THIS WAY

BitswitchRadioactive

Well to be fair he could have dropped it the moment he saw hinman email. No logical fair person thinks that is ok... thier defense is always BLOCK BECAUSE ITS A PREVILEDGE. Why would you want to block a guidance? And the guidance must come to your office.

igadjeed

See chapter 10 in Antonopoulos for a nice diagram and explanation https://github.com/bitcoinbook/bitcoinbook/blob/develop/ch10.asciidoc > What happens if chain A "wins" You node sees that its chain can't be extended because there is a mismatch in PREV_BLOCK_HASH. In your example, this mismatch happens in block 6. The prevhash in block 6 matches the block 5 hash in chain A Now your node knows it needs to get a replacement block 5 from another node. When this arrives, it also has a mismatching prevhash, and so on until your node has collected all 5 blocks from the tip of chain A Your node makes your 5-block chain B tip stale, and performs a tip reorg to follow chain A > My transaction will turn “unsent” and back to the mempool A Core node will add your unconfirmed transaction back into its mempool (but not necessarily). In Chain A nodes, it was always in the mempool, unless it was confirmed in Chain A block 2, 3, 4, 5 or 6 Note that mempool management and anything to do with unconfirmed transactions are not part of Bitcoin consensus. Consensus only applies to transactions which are in confirmed blocks. Your transaction's status changed from confirmed to unconfirmed, even if it's not in any mempool after the tip reorg > back to my address Bitcoin doesn't work that way. An unconfirmed transaction does not leave your wallet. There's nothing to return > Do I have to pay the mining fees again You didn't pay them because your transaction is not in the longest chain > the miners of chain B will still keep their rewards Coinbase transaction outputs (rewards) can not be spent for 100 blocks. If a chain tip reorg was more than 100 blocks long, life would be very interesting

zoomercoomer9000

You don't need to import a separate wallet after importing your seed phrase. Instead, you need to click the network menu and choose "add network". Then insert the following information: ``` NAME : Arbitrum Nova RPC: https://nova.arbitrum.io/rpc CHAIN ID : 42170 SYMBOL: ETH BLOCK EXPLORER: https://nova-explorer.arbitrum.io/ ``` After this, you need to import the token contract: ``` MOONS Contract Address: 0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0 ```

zoomercoomer9000

``` NAME : Arbitrum Nova RPC: https://nova.arbitrum.io/rpc CHAIN ID : 42170 SYMBOL: ETH BLOCK EXPLORER: https://nova-explorer.arbitrum.io/ ``` MOONS Contract Address: ``` 0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0 ``` Sushi link for swapping Moons to ETH and vice versa: https://app.sushi.com/swap?inputCurrency=0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0&outputCurrency=ETH&chainId=42170

ChemicalGreek

Coinbase wallet doesn’t support Arbitrum Nova OP! But don’t be afraid. What do you need to do? You can import the seed phrase from your Coinbase wallet in to MetaMask and you’ll be able to move your moons again. Step by step: 1. ⁠Look for your 12 or 24 words from your Coinbase wallet (or private key) 2. ⁠Use this seed phrase in MetaMask 3. ⁠Maybe you need to add the network and contract address again, I summed them up for you: NAME : Arbitrum Nova RPC: https://nova.arbitrum.io/rpc CHAIN ID : 42170 SYMBOL: ETH BLOCK EXPLORER: https://nova-explorer.arbitrum.io/ MOONS Contract Address: 0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0 4) Sell your moons I hope you’ll be able to recover your funds OP! If you sent your moons to Coinbase directly (so not their wallet, it’s a difference) then you need to contact their customer service.

No-Mission-962

Well bagging the groceries etc takes a minute or two anyway. So no big deal. And worst case us 2 minutes some times transactions can go through in less than a minute also, depending with the next BLOCK for LTC is..

ImaFreemason

NAME : Arbitrum Nova RPC: https://nova.arbitrum.io/rpc CHAIN ID : 42170 SYMBOL: ETH BLOCK EXPLORER: https://nova-explorer.arbitrum.io/ MOONS Contract Address: 0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0 BRICKS Contract Address: 0x6DcB98f460457fe4952e12779Ba852F82eCC62C1

noob_zarathustra

BLOCK is totally worth caps too haha

Thump604

So raise your hand if you boguth COIN stock when the SEC filed. Now raise your hand if you bought $BLOCK when short attacked. Those raising their hands - congratulations, you are doing this right.

Towryaalai

If a girl texts you and tells you her life story. BLOCK HIM!

reed5point0

Dude loved the BLOCK-chain so much he invented Cubism

zoomercoomer9000

Coinbase doesn't support moons. You can try importing your wallet to MetaMask Desktop: https://github.com/MetaMask/metamask-extension Mobile: https://github.com/MetaMask/metamask-mobile From there, you'll need to add Arbitrum Nova by going to Settings --> Network ---> Add Network ``` NAME : Arbitrum Nova RPC: https://nova.arbitrum.io/rpc CHAIN ID : 42170 SYMBOL: ETH BLOCK EXPLORER: ``` https://nova-explorer.arbitrum.io/ MOONS Contract Address: 0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0

isnakke

I use CDD too to BUY only the withdraw, If CDC was to ever go under like voyager , Celsius ETC- then your BTC or other crypto will never be able to withdrawn ( they own it) if you want to have it stored but not on an actual device I recommend Trust Wallet app ( search their official Twitter and only use their link to download) , it’s a cold wallet and transfer the BTC or any crypto there. BEWARE though never sync it with anything , never give anyone the 24 letter seed phrase and never store it on any cloud service,phone notes etc - only on paper and in safe or only place book you will know about and off the internet. If anyone ever messages you claiming they are support BLOCK then. Congrats on your BTC purchase.

clue5tick

**TICK TOCK NEXT BLOCK** is a boring headline. So is the Financial News: 1 BTC = 1 BTC.

witcherycro

BTCUSD $ 22,449.50 1.05% ETHUSD $ 1,570.01 0.87% LTCUSD $ 91.24 3.54% SOLUSD $ 21.40 4.45% THE BLOCK PRO HAS ARRIVED. A new platform powered by the industry's most sought-after experts. Learn more ✕   Connect    Bybit halts deposits via USD bank transfer, citing partner 'service outages' Crypto's three biggest stories from the past week PancakeSwap V3 upgrade set to go live on BNB Chain in first week of April This week in markets: Crypto prices slide amid Silvergate fallout Crypto lender Celsius converts almost 23,000 WBTC into bitcoin Bybit halts deposits via USD bank transfer, citing partner 'service outages' Crypto's three biggest stories from the past week PancakeSwap V3 upgrade set to go live on BNB Chain in first week of April This week in markets: Crypto prices slide amid Silvergate fallout Crypto lender Celsius converts almost 23,000 WBTC into bitcoin          USD                  JPY                 EUR                 GBP        LIVE BTCUSD $ 22,449.50 1.05% ETHUSD $ 1,570.01 0.87% LTCUSD $ 91.24 3.54% SOLUSD $ 21.40 4.45% LATEST Silvergate short seller predicts crypto bank's demise within a week March 4, 2023, 2:36PM EST    COMPANIES Prosecutors say SBF should only access approved websites. He wants Door Dash and the New York Post March 4, 2023, 2:23PM EST    POLICY Bybit halts deposits via USD bank transfer, citing partner 'service outages' March 4, 2023, 10:45AM EST    EXCHANGES Crypto's three biggest stories from the past week March 4, 2023, 10:30AM EST    COMPANIES PancakeSwap V3 upgrade set to go live on BNB Chain in first week of April March 4, 2023, 8:20AM EST    CRYPTO ECOSYSTEMS Silvergate short seller predicts crypto bank's demise within a week by Benjamin Robertson COMPANIES • MARCH 4, 2023, 2:36PM EST Published 2 HOURS AND 10 MINUTES EARLIER on     The Block         QUICK TAKE Short-seller Marc Cohodes, who has been attacking Silvergate since last year, now expects the bank to close within a week. Silvergate shuttered one of its key money transfer platforms on Friday, shortly after Moody’s downgraded its long-term issuer rating.   Marc Cohodes spent part of his Friday afternoon playing the conquering victor. The veteran short seller posted pictures of a seemingly deserted Silvergate office on Twitter, while telling The Block that, ''Silvergate is a publicly traded crime scene and Alan Lane belongs in prison.” A spokesperson for the bank and its CEO Lane did not respond to multiple requests for comment.  The California-based bank has taken a beating recently over its ties to FTX and Alameda Research. Shares are down around 95% over the past six months. The company's long-term issuer rating was downgraded by Moody's on Friday, which warned further rating cuts were on the table after the bank disclosed it was poorly capitalized and had failed to file its annual report on time. Shortly after the rating downgrade, the bank announced it was closing its 24-hour money transfer system known as the Silvergate Exchange Network. ''I would be very surprised if the bank is open next week,'' Cohodes said.

Shiratori-3

Just noting that the actual article is titled *'ADDRESSING ORDINAL CONCERNS: BITCOIN DECENTRALIZATION AND BLOCK SPACE'* - looks like the auto-titling as applied to the link post is slightly off-beam. Some interesting stats in there tbh - re cumulative inscription-specific storage at +3GB to date; fees now on the decrease, but the mempool backlog remaining high

biba8163

1. No Fiat Onramp. How do I buy anything? I need crypto to buy crypto? How do I buy crypto? Your DEX cannot help. Piece of shit, you wasted by time. 2. "With 100% of the trading fees going back to the people" BLOCK, another pump and dump shitcoin token makes/mode the founders rich and does not make you the owner of the exchange. I've lost track of the number of these money grab shitcoin exchanges that returned trading fees to the "people." 3. " better security against hackers" I guarantee you, a shitcoin token money grab exchange is not spending as much as Coinbase, multi-billion dollar publicly traded exchange, on security. $3.8 Billion was stolen on "DEFI" protocols last year. 4. Zero transparency, controls, etc in DEX and usually a handful of people that control everything in these DEFI protocols and market it as the most secure, fair, governed by token holders, etc. Even what people consider the best example of a DAO is completely centrazlijed. I posted this 3 years ago when Maker had a protocol change voting to use USDC > One man, Rune Christensen controls the system, interest, fees, voting, etc. There are ELEVEN addresses that accounted for 98% of the voting for the protocol change for an "executive vote" used USDC. Eleven addresses control the entire protocol and a protocol change was voted in just...what 24 hrs? And most of those addresses are probably owned by a handful of people. On what planet is that decentralized? https://np.reddit.com/r/CryptoCurrency/comments/fl68d4/comment/fkxc40i 5. Usability. Download an app. Install it. Looks like the Bloomberg Terminal. Those 3 steps itself will scare 95% of users. 6. Support - CEXs have some of the worst support when you compare it to the financial services industry but DEX is even worse. I am not aware of any DEXes that are manning telephones or have ramped up email support to help users with issues.

CantaloupeDue3237

**BLOCK** 10 of fiat mining in a row complete ✅ 😂😂

icedank

In addition to all the other reasons already listed... Bitcoin is produced on a fairly predictable schedule going forward, marked by halving, etc. Gold is produced by mining it. So if some new source of gold comes on the market, it could drive it down. Imagine a 50 or a 100 years from now, some asteroid mining operation hauls back the freaking motherload and depresses the prices of gold. Or if you'd rather a historical analogy: Mansa Musa rolling in for Hajj and spending or giving away so much gold it actually drove down the the market price for gold. Bitcoin? TIK TOK, NEXT BLOCK!

Lockbaal

But what you don't seem to realise is "Yes 80% of the validator do not build block with transaction related Tornado Cash" (Mostly because they all use the same Bot, initially designed to help validator make more money, but that is OFAC Compliant) That is true, and i do not refute this affirmation AT ALL. And i see there could be a risk in that. BUT, NONETHELESS, there are still validator which do include those transaction, even if they are a minority. THEY ARE STILL CHOSEN AS VALIDATOR and do ADD BLOCK WITH TORNADO CASH TX INSIDE THE BLOCKCHAIN. Those transaction STILL END UP BEING INSCRIBED IN THE BLOCKCHAIN. So no they are not "censored by the network" it juste mathematically take them longer to be inscribed because most of the validator does not incluse them on their block but they Will Always bé inscribed as long as 1 validator put them in the block they validate and the other validator are not forking the chain every 10s by choosing to never build New block on top of the block containing tornado cash transaction. And bout the 80% of hashrate being fucking expensive. Yes i know the sum.at play. But the fact is also that 51% of the Hashrate Is actually being detained by 6 compagnies. Capitalism being capitalism, they have no fucking interest to 51% attack the BTC blockchain. Economical reward are not worth the cost. But 6 CEO could theoratically sit down at a table and décide to 51% attack the BTC blockchain because they have this hashrate

MilesPower

In bitcoin "time" doesn't really exist in the same sense as you might think as the bitcoin network doesn't rely on an outside oracle to determine the time and doesn't keep a time consensus with "the real world" instead it is it's own clock, a distributed timestamp server where everyone HAS to agree on the order blocks and transactions occurred. >In this paper, we propose a solution to the double-spending problem using a peer-to-peer distrib­uted timestamp server to generate compu­ta­tional proof of the chrono­log­ical order of transactions - Satoshi Nakamoto (2009) Miners are required to add their own timestamps to the blocks they're building but it leaves the door open for potential manipulation - If miners say the blocks took longer on average than it did then the difficulty would adjust downwards and their profitability would go up. There are two rules in place with regards to how to "timestamp" blocks to prevent this being an issue: >Median Past Time (MPT) Rule – The timestamp must be further forwards than the median of the last eleven blocks. The median of eleven blocks implies six blocks could be re-organised and time would still not move backwards, which one can argue is reasonably consistent with the example, provided in Meni Rosenfeld’s 2012 paper, that six confirmations are necessary to decrease the probability of success below 0.1%, for an attacker with 10% of the network hashrate. >Future Block Time Rule – The timestamp cannot be more than 2 hours in the future based on the MAX_FUTURE_BLOCK_TIME constant, relative to the median time from the node’s peers. The maximum allowed gap between the time provided by the nodes and the local system clock is 90 minutes, another safeguard. It should be noted that unlike the MPT rule above, this is not a full consensus rule. Blocks with a timestamp too far in the future are not invalid, they can become valid as time moves forwards. https://blog.bitmex.com/bitcoins-block-timestamp-protection-rules/ So long as the timestamps abide by these rules the network will keep "time" and the individual timestamps don't really matter.

shin_jury

In Metamask, here is the custom network info you have to add NAME : Arbitrum Nova RPC: https://nova.arbitrum.io/rpc CHAIN ID : 42170 SYMBOL: ETH BLOCK EXPLORER: https://nova-explorer.arbitrum.io/ Then here is the custom token you need to import MOONS Contract Address: 0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0

skyvina

Shouldn't we ban THE BLOCK from this subreddit since FTX paid off this news site?

Exedus11

Why suspicious? Major mining firms from Argo Blockchain, BLOCK and GRIID Infrastructure are already deploying the chip in their centres. It's just a matter of scale. Keeping scale in mind, this isn't going to compete with an S19, it would be for the casual miner. This would be analogous to the past when a adding your GPU to a pool was competitive. >you gotta pay for the card, and the energy bill used by the card to hash. True, I just tried to give a sense of monthly profit after you pay off the card. The cost of the card is a question that depends on a lot more.

wackyasshole

BOOM BLOCK FI ROCKET SHIP. - known scammer

jgarcya

27 million in loan.... The BLOCK must be paying its employees well... Even at $100,000 a yr salary it would take a lifetime to pay back......

Eyelash_Viper13

Bullish. Guess Ill grab some more BLOCK

economist_kinda

Expect BlockFi to BLOCK withdrawals

Savi321

How did people trust something with name like BLOCK fi?? The name says it all...

yourmom_fat_as_hippo

So, it's finally BLOCK-FINISHED..... badum tssss....

rokosbasilica

Remember when the founder of cardano got called out for being a blatant liar, and lying about his academic background, and he responded by making a video declaring that he had a **BLOCK COCK HELICOPTER**?

LGNDS_Crypto

FET, VVS, TONIC, BLOCK, JUNO, CRO, LTC Well at least that would benefit me a lot.

igadjeed

> wouldn’t most nodes just refuse to enter the double-spend into the mempool The mempool is not relevant to consensus, nor is it relevant to miner double-spending Even in normal mining, a miner can build his candidate block from any source of valid transactions. He doesn't have to use his mempool. The mempool is, for obvious reasons, the best source of **unconfirmed** transactions An attacker will definitely not use a mempool for his double-spend. He will construct his own spending transaction and send it to the node network to be mined via the winning miner's mempool. When replacing the transaction with a send-to-self transaction, he includes the replacement transaction directly in his block directly. This transaction does not need to be seen by other nodes The node network follows the longest chain. A successful 51% attack will produce a longer chain than the regular miners. Every node in the node network will reorg its tip to follow the longer chain. The node network **does not judge** the replacement transaction as a double-spend. During the tip reorg, the original transaction disappears, as if it never existed --- Some extra background ... Chain tip reorgs happen whenever there is a tied mining race. This is not an attack, It is a normal occurrence - about 10 times per year. A node is not aware of a tied mining race until the next block arrives. If the new block does not follow the node's previous block (PREV_BLOCK_HASH does not match), then the node reorgs its tip to follow the longer chain A 51% attack forges a tied mining race, takes advantage of the nodes' consensus rule of always following the longest chain. A node never judges fraud or dishonesty. It prevents double-spending being recorded on the chain by choosing the longest chain https://www.metzdowd.com/pipermail/cryptography/2008-November/014832.html https://www.metzdowd.com/pipermail/cryptography/2008-November/014843.html https://www.metzdowd.com/pipermail/cryptography/2008-November/014858.html > The transaction in whichever branch ends up getting ahead becomes the valid one, the other is invalid. If someone tries to double spend like that, one and only one spend will always become valid, the others invalid > Receivers of transactions will normally need to hold transactions for perhaps an hour or more to allow time for this kind of possibility to be resolved > It is strictly necessary that the longest chain is always considered the valid one > When there are multiple double-spent versions of the same transaction, one and only one will become valid > The guy who received the double-spend that became invalid never thought he had it in the first place > We're not "on the lookout" for double spends to sound the alarm and catch the cheater. We merely adjudicate which one of the spends is valid >

aroups

>UNTIL YOU LEARN MORE ABOUT CRYPTOCURRENCIES AND BLOCK-CHAINS. Only to conclude that you should stick to ETH,BTC and maybe 1 or 2 alts