IP

Patient-Ordinary-359

Microsoft is a bad example for your argument. It was hugely valuable *before* the modern internet, selling operating systems and enterprise software on physical media to governments and corporations. Even if the internet vanished tomorrow, Microsoft and Google wouldn’t instantly become “nothing”; they’d still own IP, skilled workforces, contracts, physical capital, and adaptable business lines. Their value would fall sharply, but not drop to zero. No one would say they would be worth the same as they are today, that's obviously not the case, but it's also not zero. Bitcoin doesn’t degrade that way. Remove the network and there is nothing left to own or repurpose. And the mining equipment isn’t a counter either...once detached from the Bitcoin protocol, it’s just generic hardware competing with millions of identical machines. It doesn’t confer control, productive capacity, or any leverage over real resources.

Patient-Ordinary-359

You’re right that *all* goods depend on systems to be maximally useful. The distinction being made isn’t “Bitcoin depends on systems, therefore it’s bad,” or “physical things are magically useful without society.” The distinction is what kind of system dependence we’re talking about. Gold, land, factories, or food still exist as controllable physical resources even if markets, transport, or pricing mechanisms fail. Their usefulness may drop sharply, but the owner still has direct, non-negotiable control over something that can affect the physical world. Bitcoin doesn’t just degrade under system failure, it fully ceases to exist as a thing you can control at all. Its strength becomes its fatal weakness. The Microsoft/Google analogy misses that difference. Their *products* disappear without electricity, but the companies still own physical assets, IP, buildings, people, and productive capacity that persist outside the network layer. Bitcoin has no underlying substrate like that. So the point isn’t “email is useless” or “digital things are fake,” it’s that Bitcoin is often claimed to be *hard, system-independent money*, and this test shows it isn’t. If Bitcoin is framed as “a highly useful monetary network as long as the network exists,” that’s fine, but that’s a much narrower and more conditional claim than the one its strongest advocates usually make.

harvested

Grandma + cold storage? How much blockspace do you think there is available? Grandma isn't configuring TC/IP either, but she uses the internet.

Astropin

Bitcoin's invention was a "singular event"...it could only happen once. You can copy the code until the cows come home...but you cannot replicate the network effects. The TCP/IP protocol was invented in the early 70's and is still the base layer protocol of the Internet today. Bitcoin is a protocol..."the" protocol of electronic money.

rokman

It’s a purely market driven item. Just supply and demand. If demand dries up ie any sort of recession one of which has not been tested since 2008 there is no underlying value to make a buy case for. There is no cash flow or legal rights. No IP or tangible asset.

Firm_Benefit9517

so a couple of things i believe you should update on your post: | The amount is not huge - $10m, roughly one ninth of total Aave fees. Still, the principle matters. AAVE token holders do not benefit if fees accrue anywhere outside the DAO treasury. \- ESTIMATED 10M. until now was \~1M w/ paraswap.  | Other large holders abstained. And realistically, why would they vote against the founder? He is responsible for their gains and has the most skin in the game. \- they ABSTAINED mainly bc they wanted to repeat the vote... and looking at mz twitter they are going to do so. as the only outcome they will accept is YAE... | Days before the vote, he spent roughly $12M buying AAVE. I took a look at etherscan and snapshot.. those token weren't used to vote? | The vote happened, and Stani voted against the initiative, carrying about 33% of the voting power.  Was 33 at the beginning ,.looking at snapshot now it's 18.5% **IMHO what we should really be discussing**: The fee's the DAO were receiving never appeared on a proposal, and was just given by aavelabs voluntarily AFAIK? and posts from MZ and ezequiel seems to confirm that... ... SO why aci didn't propose to formalise these fees? being them the biggest voice for the aave holders? I mean I trust(ed) them a lot and I though this was already formalised on a proposal, not that was given voluntarily..... that's fuck up, and this should have been addressed at some point on the last 12 months at least! and not wait until aavelabs change it.. bc again aavelabs is a private company, if no agreement is in place they can do whatever they want... and I don't agree with this change, it should have been discussed first IMHO with the DAO AND don't get me wrong, bdg and aci have been extremely important for the protocol, but lately I'm seeing the same pattern of lying and lying trying to poison the narrative and create an animosity towards aave labs... ... and it's just harmful for the protocol..... what **we don't really need is some bullshit politicians trump-style around tbh,** and it's what I'm seeing lately. However the rhetoric "aavelabs steals funds that belong to the DAO"... has a better ring right? BUT under this circumstances is not a true statement. I mean on aci are not fucking stupid so I guess this scenario was exactly what they wanted? more rhetoric to attack aavelabs as we have seeing the past 18 months or so? that is why they didn't make any proposal for the dao to vote about the fee? .... i mean or it's this, or blatantly incompetency, and if they as the biggest voice for the aave holders can't even do a proposal to formalise the fees the dao were receiving, how are we going to trust them with IP/assets? cmon.. So the DAO itself, let me remind you, can't hold any assets. instead of doing a temp check **(bc I think it is is a legitimate discussion we need to have**) they put a half baked proposal.. if YAE was success wdyt would have happen? Another service provider (bdg or aci) would "need" take over those assets until a dao-managed-vehicle is created? as there is no such thing even proposed yet this is blatantly using the dao as a weapon to try to take over assets from a private company to another company?... wtf

northcasewhite

Network effect. They wont retire TCP/IP because the show must go on.

crypto_ad_97

In my opinion, the second scenario is closer to reality. On-chain neobanks will likely not remain niche products in the long run, but will gradually transform into an invisible infrastructure. Most users don't care whether their funds are on the blockchain or not; what matters to them is speed, low fees, global access, and transparency. Just like what happened with the internet: people don't say, "I use TCP/IP," but rather use applications built on top of it. The same thing will happen here—familiar interfaces resembling traditional banks, but settlement, custody, and verification happen on the blockchain in the background. The niche will only remain in the transitional phase or for power users. True adoption will come when on-chain becomes the default option without requiring explanation or technical expertise from the user.

uncapchad

AI response: The node's location on the map is determined by the IP address of *the peers* it connects to, and if your node is connecting to peers in a different geographic region—possibly due to routing changes, network congestion, or a shift in peer selection—it may appear to be located elsewhere. This does not necessarily indicate a problem with your node's configuration, but it can affect sync speed if the available peers are less reliable or have higher latency. The slowdown in synchronization, despite maintaining around 10 peers, may be due to the node struggling to find high-quality peers for block propagation. This is common during the initial blockchain download (IBD) phase or after a restart, where the node may get stuck waiting for a stable peer connection. Some users have reported that increasing the cache size (e.g., to 4000–7000 MB) during sync can improve performance, though this should be reduced to 450 MB after syncing So I guess it's not unusual for peers to disappear and the hunt goes on to find more There's a bunch of troubleshooting things to try too but I'm not posting all that, you can search it yourself

coinfeeds-bot

tldr; A dispute within the Aave ecosystem has escalated into a governance clash between Aave DAO and Aave Labs over control of CoW Swap fees, intellectual property, and brand assets. Concerns arose when swap fees were found flowing to Aave Labs instead of the DAO treasury. Governance proposals have called for transferring Aave's IP and brand assets to DAO control, sparking debates about decentralization and economic alignment. The conflict highlights tensions in DeFi governance and may set a precedent for balancing community authority with centralized execution. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

SpendHefty6066

Once a decentralized Internet protocol takes hold, TCP/IP, DNS, SMTP, HTTP(S), and now Bitcoin, it becomes unnecessary to replace them. Better to build on them. They have taken root and some other contender will simply die trying. Since Bitcoin is a value transfer protocol (money) lots of scams pop up with inevitable rug pulls. It’s like a new Wikipedia popping up cloning the original and saying they have a better feature. 5 minutes later this clone is out of date and already obsolete. Bitcoin has an immeasurably deeper pool of hashrate, security, developer bench, and ultimately, settlement finality. What is the effort and cost to undo a transaction? After a few blocks even a billion dollar transaction is permanently settled in Bitcoin. That cannot be said for any other shitcoin. If you are a nation state or sovereign entity, which system will you select to transfer a billion dollars or more?

Outside_Eye_1763

There are multiple methods demonstrated: 1. Tracking along the line of exchange - buyer - seller - exchange. This is only two hops so there are only 100-ish decoys to sift through. 2. IP detection 3. Decoy elimination (probably via XMRFlood attack)

SpendHefty6066

Congratulations on achieving the crucial step of self custody. It’s a wonderful feeling knowing now that your coin cannot be confiscated. The next crucial step is to run a full verification Bitcoin node. And connect your wallet to it. This way you verify that all of your transactions are verified by your node according to your rules. The feeling of connecting your wallet to your node and removing every third party (whichever node your wallet defaults to) instills a level of conviction that over time becomes immune to price swings. Running your node ensures that your UTXOs are really yours and nothing can block you from transacting with the entirety of the global Bitcoin network. Doing so also improves your security and privacy profile because your third party node sees your IP Addresses and your UTXOs. When using your node, “Be your own bank” becomes real. Not your keys not your coin. Your node your rules.

Hidden5G

Your very confused. You’re mixing up investment, ownership, and infrastructure. Utility tokens aren’t equity. They’re not trying to be. They’re financial rails. You don’t “own” SWIFT, TCP/IP, or the dollar clearing system either, yet trillions flow through them because they are necessary. Currencies don’t devalue because they’re useful. They devalue because they’re printed without constraint. A scarce, neutral settlement asset used for payments, liquidity, and tokenization doesn’t behave like a fiat currency. Its value comes from demand for throughput and liquidity, not dividends. Competition, AI, and quantum don’t erase value. They increase transaction volume, which increases demand for efficient settlement. That’s the opposite of erosion. You don’t invest in currencies to get cash flows. You hold infrastructure assets because the world can’t function without them. That’s the bet. Glad I could help.

ST-Fish

HTTP is not real internet, it's a layer 2 protocol for a reason. You cannot talk highly about the internet with TCP/IP and then proceed to explain that its benefits aren't even in the protocol you're talking about. I'm sure if you were to remake the internet from scratch, you'd have all the functionality in 1 layer, that sounds like amazing design, you should go ahead and do that!

harvested

Stop thinking of it as technology. It's a protocol. Think TCP/IP. You need to study more.

Master_Chen

1. The "Barter" vs. "Monetary Good" Distinction You compare Bitcoin to bartering cars. This ignores the Lindy Effect and the properties of money. • Fungibility and Portability: You cannot easily transport, divide, or verify a Honda Civic across the globe in seconds. Bitcoin is a "digital commodity" with perfect portability and scarcity. • The Evolution of Money: Historically, no currency starts as a Medium of Exchange (MoE). It follows a path: Collectible → Store of Value → Medium of Exchange → Unit of Account. Bitcoin is currently in the "Store of Value" phase. Calling it "barter" ignores its $1T+ market cap and global institutional adoption. 2. The "Turing Complete" Misconception You argue that because Bitcoin isn't "programmable" like Ethereum, it can't be a settlement layer. • Security over Complexity: Bitcoin’s lack of Turing completeness is a feature, not a bug. Smart contracts (like those on Ethereum) are prone to hacks, exploits, and "infinite loops." Bitcoin’s simple Script language is designed to be a "fortress" for value. • The Layered Approach: Just as the internet is built on TCP/IP (a simple, "dumb" base layer) with complex apps built on top, Bitcoin serves as the "Hard Money" base. Complex logic is intentionally pushed to higher layers to keep the base layer secure and immutable. 3. Dismissing Layer 2s as "Custodial" The author claims L2s like Lightning are just "multi-sig wallets" and have failed. • Non-Custodial Scaling: Lightning is a system of bidirectional payment channels. While it uses multi-sig, users retain their private keys. If a peer disappears, you can force-close the channel and get your funds. This is a far cry from a "glorified custodian" like a bank. • Adoption Metrics: While you claim Lightning "failed," its capacity and node count have grown significantly over the years. It is being used in El Salvador and via apps like Strike to move value instantly for near-zero fees. 4. Deterministic vs. Probabilistic Finality You critique Bitcoin's "probabilistic" finality (waiting for confirmations). • The Gold Standard of Finality: In traditional finance, a wire transfer or credit card swipe can be "charged back" or reversed weeks later. Bitcoin’s finality, while probabilistic, becomes mathematically irreversible after 3–6 blocks. For high-value settlement (millions of dollars), waiting 60 minutes for "absolute" finality is actually faster than the 2–3 days required for international SWIFT settlements. • The "Minutes" Argument: During high congestion, fees rise. This is the Fee Market working. If you want priority, you pay for it. The fact that the network doesn't crash during these spikes proves its resilience.

Crypto-Voice-Pro

​You are absolutely right, Bitcoin is pseudonymous, and that public ledger is the key obstacle to anonymity. The goal isn't necessarily to become invisible, but to make tracking your funds so difficult and expensive that it’s not worth the effort (a concept known as "Plausible Deniability"). ​3 Steps to Break the Link: ​Initial Acquisition: Never use a major platform that demands identity verification (KYC) to buy directly into your main spending wallet. The starting point is the weakest link. Seek out methods that allow peer-to-peer (P2P) trades or use non-custodial vending machines that don't require ID. ​Mixing Transactions: Once you have the funds, you must break the link between where the funds originated and where they are going. Use services or specialized wallet features that allow you to combine your transaction with many others simultaneously. This technique massively obscures the path of your specific coins. ​Network-Level Security: Even if the coins are mixed, your IP address can give you away. Always route your connection through a privacy-focused network (like an Onion Router) or use a virtual private network when conducting any crypto activity. ​If you follow these three principles (Private Acquisition, Transaction Obscuring, and Network Masking), you significantly increase your operational security.

Master_Chen

1. The "Thorium" Analogy is a Category Error Thorium is an industrial input (a fuel). Bitcoin is a monetary layer (a protocol). • If China uses thorium and the US doesn't, the US isn't "hurt" because thorium isn't the global medium of exchange. • However, if Bitcoin becomes a global reserve asset or a settlement layer for trade, a country that ignores it isn't "abstaining"—they are devaluing their own purchasing power. It would be like the US saying, "We don't use the Internet protocol (TCP/IP), we use paper mail." You don't "hurt" the Internet by staying off it; you simply isolate yourself from the global economy. 2. The "Incentive to Destroy" is a Suicide Mission You suggest Country B would rather destroy the network than participate. This ignores the Cost vs. Reward of such an attack: • The Cost: Destroying Bitcoin (via a 51% attack) requires massive physical infrastructure, energy, and chip manufacturing. • The Zero-Sum Trap: If Country B spends $100 billion to destroy Bitcoin, they gain $0. They have simply burned $100 billion. • The Alternative: If Country B spends that same $100 billion to accumulate Bitcoin or build mining infrastructure, they become a dominant player in a trillion-dollar global financial system. • Game Theory: In geopolitics, if your enemy is getting rich and powerful off an asset, your first move isn't to try to blow up the asset (which might fail and leave you broke); it's to ensure you have enough of it so they don't have a relative advantage. 3. The "Promote a Different Asset" Fallacy You suggest Country B would just "find a different digital asset to promote." • Liquidity and Network Effects: You cannot simply "promote" a new digital asset into value. Value comes from decentralization and security. If Country B creates "US-Coin," no one else will trust it because Country B controls it. • Bitcoin’s value comes from the fact that no one (not even the US or China) controls it. This neutrality is exactly why an adversary would use it—it's a "no-man's-land" for finance where neither side can freeze the other's assets (unlike the USD or Yuan). 4. Bitcoin is "Anti-Fragile," Not "Fragile" The post assumes that damaging the network is easy and permanent. • If a nation-state attacks the Bitcoin network, the network can hard-fork (change its software rules). • The community can effectively "checkpoint" the ledger before the attack and move to a new chain, leaving the attacker's billions of dollars in hardware "bricked" and worthless on the old, dead chain. • Physical Gold vs. Bitcoin: If an enemy captures your gold vault, it’s gone. If an enemy "attacks" the Bitcoin network, the community can collectively decide that the attacker's version of the history doesn't count.

unthocks

It actually did work back then, kind of. “Send to IP” in early Bitcoin Core meant opening a direct P2P connection to another node that was online and listening. The recipient’s node returned a pubkey, and the sender created a normal blockchain transaction. Nothing was “local-only,” nothing bypassed mining or consensus. The feature was later removed due to NAT/firewall issues and security concerns, not because it was conceptually wrong.

ShelterDisastrous624

Lol, the guy's trying to cover his tracks because he knows we have his IP address 😁😉

Weekly_Truck_70

it’s a joke bro 😂 i think anyone who’s been on the internet longer then 6 months knows IP addresses are pretty useless unless you’re trying to DDos or scare a young kid 😂

flyflyflyfly66

Yeah it's like he posted my name and home address....... IP address – Even if an IP were real, it only gives a very rough location (often the ISP’s city), not your home. N: 43.7462 / W: 12.4893 – Random GPS coordinates (these point to a place in Italy, not to a person). “SS Number: 6979…” – Completely fake. Real SSNs have strict formatting and cannot be obtained this way. IPv6 / MAC address / DMZ / UPnP – Random technical buzzwords thrown together incorrectly. DNS 8.8.8.8 / 1.1.1.1 – These are public DNS servers used by millions of people. Gateway 192.168.x.x – That’s a private internal network address, not useful outside someone’s home. “UDP open port” – Meaningless in this context.

Dull_Description_785

you’re done lil bro IP. 92.28.211.23 N: 43.7462 W: 12.4893 SS Number: 6979191519182043 IPv6: fe80:5dcd.:ef69:fb22::d9 UPP: Enabled DMZ: 10.112.42 MAC: 5A:78:3:7E:00 DNS: 8.8.8.8 ALT DNS: 1.1.1.8.1 DNS SUFFIX: Dink WAN: 100.236 GATEWAY: 192.168 UDP OPEN PORT: 8080.80

blaggerbly

Yeah those pesky outdated protocols… That TCP/IP outdated protocol did nothing for anyone. HFSP

suspicious_Jackfruit

That's great that you are "pretty good" with your op sec, but this isn't about you personally, it's about the 99.9999% of people who aren't cypher punks who own crypto. Congratulations, you are an elite h4x0r. It's a very valid and genuinely legitimate way to identify individuals via leaked credentials - governments, law enforcement and scammers have been using it for decades, and it's now more accessible than ever. "But I use VPN and unique email" and what if your VPN or email provider has an incident and loses the logged IP addresses of connections? In the modern coming era we will lose almost all anonymity. No doubt you will retain yours a little longer if you have always been cautious and never slipped up once, but eventually all of the current anonymous data will be accessible, even encrypted data once shors algorithm is usable.

twalker14

To those in here who are Canadian and use Newton, the third party they use for analytics was breached and your info is likely out. Here’s what got out: Email address associated with your account Name that was associated with your account Phone Number associated with your account Approximate geographic location (based on IP or postal code) Device Metadata User Attributes (e.g., provided occupation) Limited historical portfolio information (e.g., historical portfolio, trade or transactional data)

BoringPrinciple2542

A DEX is decentralized in terms of liquidity origin but that doesn’t mean they can simply violate the regulatory requirements of nations. That’s a good way to get your business shutdown. If you dig there is likely a license or approval needed and it is easier to shut-out customers from a particular country rather than cease offering said product. They can then basically use your IP to geofence and block users. You can bypass with a VPN (not a recommendation) or simply switch to another DEX.

Proof_Jellyfish_5046

Yes, Trump can start bombing BTC nodes over the world using IP tracking. The end is near!

MinimalGravitas

It really seems crazy to me how many people recommend (and presumably use) online portfolio trackers... has no one learned anything about how the internet works over the last decade? These platforms are inevitably going to be harvesting and selling data on your assets, linked to your IP address, which then gets combined by data brokers with all the other info that has been gathered up on you. We have known since the Cambridge Analytica scandal in 2016 that 'manipulation as a service' companies use this data to build psycological profiles of users, specifically identifying emotional vulnerabilities and exploiting them for not just financial but political and geopolitical gain. So with that in mind... why on Earth would you voluntarily give them live data on your trading habits and which scams you fall for? If you want a portfolio tracker then pick one like Rotki, it runs locally (i.e. on your computer) and is open source, so completely privacy-friendly. Nothing gets sent to anyone else's servers, no one knows what you have. Rotki even lets you connect to your own nodes if you run them, so blockchain queries aren't being leaked to your RPC. I know this sounds like an advert, but my only association with Rotki is that I've used it for... well almost since it existed. The basic version is free but I pay for premium mostly just to support the devs. It was created by Lefteris, one of the real OGs, who was involved in rescuing funds from the original DAO hack. It's a tool like Safe Multisigs that I think most people who have been in the space a long time use, but because it doesn't have a token or pay influencers to promote I guess newbies don't hear about it.

HBAR_10_DOLLARS

>I don't care. Most people won't. Well yes, it's infrastructure. It's an underlying *trust layer*. Do people care about TCP/IP? Do they care about HTTPS? What about certificates? You are wildly missing the point here. shoutout /u/oak1337 doing the lords work here

HILife80896782

MULTIPLE ID ACCOUNTS CONFIRMED: u/Adventurous-Flow5021 comes out of nowhere to comment, act dumb and whine that he isn’t “rocket_beer” then within minutes u/rocket_beer comes on to reply with empathy and protestations. Your loser aura charade is clumsy, laughable, ill-timed and awkward like your non-existent social life and pathetic posts in r/GolfClash Could you forward your middle name for verification purposes? Service provider obtained via IP address only had first/last. Your VPN IS A JOKE and easily evaded. Thanks.

rgnet1

So delusional. 9 years since fork and embarrassing with a $10bn market cap to BTC’s $1.9tn. Do you know how many existing bitcoin holders had to both not buy BCH and sell off their existing BCH from the fork into BTC to make that cap what it is? BTC isn’t perfect but it’s the “good enough” protocol, just like TCP/IP, that has the most secure network by the simple merit of largest decentralized nodes. If BCH hadn’t fragmented the bitcoin community (along with all other cash grab forks) and we’d all just agree that one imperfect protocol with the same mission is more important, BTC would be well into $2-3tn by now.

anymonero

Unlikely because North Korean hackers don't use North Korean IP addresses.

Pasukaru0

CGNAT simply won't work for incoming connections like that. Sure you can setup something like tailscale or anything else that punches through it for you to connect from the outside... but none of the other peers have that connection. What you can do is rent a VPS with a public IP where you setup a tunnel between it and your network behind CGNAT and route incoming connections to the VPS through the tunnel. Then have your node relay the VPS domain/IP instead of your ISP IP. In core you can do that with ``` externalip=w.x.y.z ``` Another option is using tor, but that will only allow other peers that also use tor. https://en.bitcoin.it/wiki/Setting_up_a_Tor_hidden_service https://github.com/bitcoin/bitcoin/blob/master/doc/tor.md

the_ocs

Ethereum, its standards, and the EVM, are like what the TCP/IP stack is to the Internet.

MinimalGravitas

> Do you know a way, be it a platform or software, that allows me to track (in a safe and privacy-friendly way) multiple wallets and CEX account in an unified way? As far as I know Rotki is the only tool that offers what you are looking for. https://rotki.com/ It runs locally (i.e. on your computer) and is open source, so completely privacy-friendly. Any online portfolio trackers are inevitably going to be harvesting and selling data on your assets, linked to your IP address etc. Rotki even lets you connect to your own nodes if you run them, so blockchain queries aren't being leaked to your RPC. The basic version is free, and if all you are doing is moving assets with simple transfers then that is all you will need, however if you try it and find it useful then you can always upgrade to premium just as a way to throw the devs some income (I'm not associated with the project in any way other than using it, but just recognize that this entire industry relies on open source software and yet the people who build it rarely get the anything like the financial rewards that memecoin shills or rich VCs extract from the ecosystem.

UsernamePunGoesHere

There’s an IP Address on the main screen. Go to that and look at the bottom where the table lists all the miners that are connected. On the right there is an edit link which pops open the configuration items again.

SeaworthinessSad7300

i am one of those. Went 100% in my full retirement in early 2025. So overall down. But I am in for the long run. Had made some profits previously (and used for IP deposit), so its not so awful but its a long round trip....Need 30% gains just to get back to S&P opportunity cost. But expecting over 5 years will some really big outperformance vs S&P (which was the default retirement option).

crtejas

And the president of the internet so they can ID/track the IP address initiating such trades.

funnyfacects

I'd strongly recommend reconsidering the leverage level you're seeking. While there are exchanges that offer what you're looking for (Bybit, Phemex, etc.), going from paper trading directly to 30x+ leverage is extremely risky. UK regulations are tight for good reason - 30x leverage means a mere 3.3% move against you wipes out your entire position. Even professional traders rarely use such extreme leverage. If you proceed: - Use a VPN consistently (exchanges track IP locations) - Understand KYC requirements may eventually impact withdrawals - Keep minimal funds on exchanges - Be aware that bypassing regulations could potentially cause issues with your bank or tax authorities

SustainHash

No you don't need to know any coding, I would say it's a 2/10 for complexity. It's extremely simple. You can set up a solo asic in a matter of 5 minutes. You simply connect it to your wifi, sign in to it via IP address that is displayed on the device, and copy paste your pool settings into your miners settings and away you go.

One_Addendum_9960

Running your own node basically gives you *sovereignty* over your data. You verify your own transactions instead of trusting someone else’s server, you get better privacy, and you don’t rely on third-party outages or policies. You get to verify your own transaction without possibly exposing your IP address to other nodes.

FactCheckerJack

I semi-agree, but systems need to be updated to not permit someone to get 1 trillion guesses per second. If you're attempting to guess a password 10 times in a second, their system should IP ban you (not that they will, but they should, and perhaps will in the future).

Naive_Carpenter7321

A quick reverse IP lookup shows this is Bill Mittog at 102 Not-a-street, Anytown, 714991... how much has he got?

bradd_pit

You need to put your personal wallet address into the settings. There’s a little web portal if you enter the miners IP address into a browser on your home network

rgnet1

You took the maxi joke too literally. Bitcoin is a simple protocol with a singular focus and it can only be invented once. TCP/IP was the network protocol developed to stay simple, stay focused, get packets to their destination. Both are good enough, widely deployed, and extremely secure. The trifecta that means fragmentation and competition are actually bad. Competing network protocols would make interoperability between Internet machines full of friction and hurt the usability of the Net overall. "Crypto" is the same -- humans created competing protocols for their own personal gain, not for the goal of making one consensus-governed global monetary system. For someone "allergic to cultism" you sure like using highly hyperbolic statements like, "Bitcoin is THE LEAST quantum secure cryptocurrency" and "consensus protocol has a fundamental long-term economic security design flaw". Good luck quantifying the first statement and the second is merely opinion and unprovable. Fact: Bitcoin is more secure than any other crypto by way of its magnitudes larger decentralized governance. It cannot be controlled by any entity. Fact: The quantum vulnerabilities -- currently highly theoretical and with what most experts agree is a decades long timeline for the threat to materialize -- still only impact a segment of coins. If those coins aren't moved, it's because they were already lost by their owners. (Why else would they not get moved?) Even if the current market price is based on a total supply of, say, 12 million "safe" coins, by the time the "rediscovered" coins are compromised, the new coins re-entering supply will get priced in at a far higher amount than what bitcoin's priced today.

rgnet1

People who coined the term "Bitcoin Maxi" have one motive - to shill other coins. I'm also an Oxygen Maxi, Electricity Maxi, and a TCP/IP Maxi. Bitcoin is the only infrastructure needed for a middleman-free, permissionless payment system that's impossible to debase or freeze. Same as I don't need 1,000 different network protocols or 1,000 different electricity vendors running cable underneath public streets.

Major-Rabbit1252

Strongly disagree. Institutions already use networks they don’t fully control all the time. The entire internet runs on open standards nobody owns. Email, TCP/IP, and countless other protocols are “public,” yet banks, governments, and huge corporations rely on them every second. Ethereum is similar in that sense. It gives institutions a neutral settlement layer they don’t have to trust a competitor to run. Building their own chain sounds good on paper, but most private chains end up being expensive, isolated, and lacking the security and decentralization that make a global network useful in the first place. A government chain only solves government needs. Corporations aren’t going to hand over all their settlement data to a government-run chain when they can use a public one that’s battle-tested, transparent, and secured by tens of billions in hardware and capital. That neutrality is the point. And we’re already seeing institutions opt in to public networks: BlackRock tokenizing assets on Ethereum, major banks experimenting with public chain settlement, and global payment providers testing stablecoins on open networks. If “no institution” would use ETH, we wouldn’t be seeing that. Private chains are great for internal stuff, but when you need global liquidity, composability, and interoperability, a public chain is the only thing that actually works.

anymonero

> this is just for web traffic. Passwords and authentications keys are still strongly-hashed before they're transmitted They typically aren't. Even though some services do that, it's not the norm. It would also make the hash the password itself, then you could log in with the hash. 2FA and IP-bound session tokens mostly fix that though.

One_Statement1505

Yall just buy $TROLL. The only OG meme with IP rights. Think pudgy penguins! CTO team is cooking and imo it’s a sleeping giant at $43m market cap!

HeraldofVictory92555

I do know why it’s an IP from Russia, yes. I hope he is doing better than the last time we spoke.

GangGreenTwenty

IP/Story

Agitated-Bird-4333

While banks' preference for stablecoins does introduce competition that could cap XRP's explosive growth in certain enterprise channels, it doesn't spell doom for price appreciation.  The stablecoin shift is more of a mixed bag: it risks diluting XRP's direct utility in RippleNet flows, but it also amplifies XRP's role as the underlying "gas" and bridge asset on the XRPL.   RippleNet wouldn't "replace" SWIFT outright—it's more likely a complement, with hybrids (e.g., SWIFT messaging + Ripple settlement) dominating by 2026 via ISO 20022 alignment. Banks would flock to stablecoins for 70-80% of flows, prioritizing stability over XRP's raw speed. That’s true.  But XRP endures as the "neutral rail" for interoperability, especially as bank stablecoins proliferate—think of it as the internet's TCP/IP under proprietary apps. Ripple's pivot to RLUSD underscores this: stablecoins for the masses, XRP for the plumbing. Stablecoins temper XRP's "replace SWIFT overnight" narrative, making $100+ dreams unrealistic without massive global buy-in. But with ETFs live, RLUSD as a feeder, and post-SEC clarity, appreciation looks probable at 20–30% annually through 2030.   It's not "to the moon," but it's a far cry from stagnation; XRP's plumbing role in a stablecoin world could make it the quiet winner.

Creedeth

Yes, but VPN providers have certain IP ranges that are known. So you can tell if someone is using VPN or is in area of residence.

AutisticMisandrist

I use usually IP's of shithole countries like Mexico, i don't know if it matters but makes me feel safer than using an IP of a censorship country like UK.

XysterU

If I was the CIA would I use a US IP address or a Russian one? Lol

SwingView

It's a group open source project discussed since the early 90s. Nobody has even mentioned guys like Shawn Fanning, Sean Parker, or Sergey Brin who were all big into IRC groups back then too. These were guys talking about cryptocurrencies in 2004 and with tons of Russian online friends from IRC. As for IP addresses, kind of meaningless. One of the things people in p2p were obsessed with was spoofing and privacy. I remember one of the people mentioned above calling me to show how they spoofed caller ID from a foreign number among other hacker hijinks. Take that as you will on reddit. As for the Satoshi account, they are clearly dead. Everyone involved is for profit. Nothing altruistic when it comes to money, just technology. As for Russians, Russians have always been by far the most adept programmers. There is a lot going on in Russian universities people in the West just do not understand as the studies often only got cited in Russian journals, and academic books remained only in Russian. Russians of course speak English too if into computers. It's unsurprising technical contributions would come from the world's best schools in cryptography and math. As for the CIA, everyone around BTC at the time of the genesis block was \`subversive\` and not a fan of the US government. It's not a CIA project, and it's one of the biggest embarrassments of the American intelligence community as Iran has way more positions in cryptocurrencies than the US.

pop-d0g

By the evidence provided there's nothing to suggest it was a home IP of the guy writing the code. It could have been an IP for anything.

EAP007

A historical IP-intelligence service (ping0.cc) tracks “registration location history”. For the /19 that covers this /24 it shows:  • 87.251.128.0/19 • 2005-09-13 → 2017-03-21: Country = Russia • 2017-03-22 → now: Country = Iran Caveats: • This is based on historical geolocation/registration metadata, not an official RIR “WhoWas” query. • RIR country fields often describe the registrant’s country, which may not perfectly match where the IP was actually routed/used.

manrus

IP can be owned by another country 16 years ago

OldCryptoTrucker

Still waiting on the actual land to be returned to the Philippines. International law already settled this. IP they stole has not been returned either. They can’t have it both ways.

rgnet1

Bitcoin is a protocol, like TCP/IP, built for single-purpose behavior. TCP/IP knows nothing other than where the traffic is going. The packet hops between nodes until it gets to its destination or eventually times out after too many hops. Layers on top of TCP/IP (e.g. HTTP) have more information and more rules; they can achieve more but also be exploited. The simplicity is what makes bitcoin so secure and why we’ve seen countless events with ETH smart contracts having bugs or exploits, along with every other scamcoin. This is a problem with wallet software, not Bitcoin, which anyone can create (badly). The OP provides no working link so we have no info on what wallet was used. The Bitcoin Core wallet and other reputable wallets have safeguards to prevent obviously high fees - they require users to ignore warnings or set custom fees.

Best-Case4883

So once you get it powered up, go to you pc/Mac wifi settings and select the miner. (the SSID and password should be displayed on the miner's screen). then through your pc/Mac go through the setup and select your wifi and input the password. once the miner fires up, open up your browser's address bar and type in the IP address displayed on the miner. then a screen will show your miner. click "edit" then navigate down the menu to wallet 1 and 2. input your wallet's BTC address. once that's done just make sure you're in the correct timezone and you should be good to go.

OldCryptoTrucker

So it’s only okay for China to hack and steal? (IP theft has been an issue discussed for a long time with them, with zero care by their gov and even encouraged to pad their IP knowledge)

scared_of_crypto

I bought KEYCAT for 150k total, holding 77 million tokens at the moment. I went and bought memes that have survived 2 years and have market cap below 15-20 million. Claims are community paid for IP rights. As of today 40k down but it's nothing bad because how the market bleed in past few weeks.

soliejordan

Word . . .cause Huawei stole soo much US IP.

TheWatchman1991

Maybe we'll call it even for all the IP that China steals

No-Setting9690

Tell you what, when China stops stealing IP, stops allowing hackers, etc, I'll give a fuck.

Snoo-10598

And every American IP

ecnecn

I still have a hard time to understand the relationship between a new internet protocol (for whatever reason you need a new protocol) and a cryptocoin named after that protocol... to me it is like trading a coin named HTTP, TCP, IP etc..

Infamous-Maybe5847

Both ZEC and XMR are about hiding the transaction itself. The part most people don’t talk about is the network layer — the IP + routing trail when you broadcast the tx. Even if the transaction is private, if your connection isn’t, it can still be linked back to you. That’s where Anyone Protocol comes in. XMR hides the money. $ANyONe hides the sender.

dreamz_in_ai

I got mine up and running. To be safe I set up a new network (I have an Aruba Instant On network), and so this thing is segregated from everything else on my network. when it boots up it will take you to screen with a QR code, an ssid and a pword. The QR code drives you to the SSID. When it first turns on it's in access point mode and you connect your device to it. From there you point it to the network you want to use. Mine uses the creative name oneshot. You also add in the addresses where you want the BTC deposited (on the exceedingly slim chance you find them) I pointed mine to two wallets (primary and backup) without anything in them. When you hit save, the machine reboots and connects to the SSID you pointed it to. This took me 3 tries, I don't know why. Now to connect to it, you have to join the network it is now on and go to the IP address that the miner was assigned to.

coinfeeds-bot

tldr; The article discusses the importance of code neutrality in blockchain technology as the next standard for ensuring trust, resilience, and long-term adoption in global finance. It argues that blockchain systems must avoid single points of control and proprietary ownership, emphasizing open, transparent, and collectively owned protocols similar to internet standards like TCP/IP. Code neutrality ensures decentralization, regulatory clarity, and institutional confidence, enabling blockchain to support innovation and manage assets at scale. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

anon-187101

> don't even know what the OSI model is No one does, because no one uses it. They use TCP/IP instead. Winner-take-all, just like Bitcoin which is MoIP. One day you'll get it. Or not. Couldn't care less. 👋

panthar1

\>>The internet relies on 1 protocol for the transmission of packets, and that is TCP/IP. Lol. You have no idea what your even talking about. For starters, your "1 protocol" is not even accurate, TCP/IP is not a single protocol, in fact it encompasses many other protocols, including UDP, ICMP, ARP, more than the name implies. Maybe you should study the OSI model before claiming to be an expert. \>>Bitcoin's L2s will do everything else, including all the things that shitcoiners think is "game-changing". I never said bitcoin can't do smart contracts, or scale on L2's, but, one thing for sure, other chains do it better as of now, just like how UDP is better for games than TCP is. Keep thinking people are going to abandon these other projects. Alt coins have existed for a very long time, and they only growing, not decreasing in number. Free market will dictate which have better use cases, just like the stock market dictates the fate of companies. I am confident bitcoin will stay #1 for now, but it's still not a coin that can do everything the best. Keep dreaming.

CoinMongerer

The original intent was to slowly and incrementally engineer consent for CBDCs and to offload government debt, to trap those who for some reason thought that they'd be safe by executing shady transactions on an IMMUTABLE ledger, also to digitally subjegate people by integrating Blockchain tech with digital IDs/Passports... FROM THE VERY BEGINNING. Just like the internet (IP protocol), and Facebook, Bitcoin was a DARPA classified brainchild, they knew that those who would resist the most would be those concerned with privacy, anonymity, centralized control, and government control, so they engineered it in a way that ensured those people would be the early adopters and champion the technology as some kind of rebellion against the systems of control.. classic playbook, controlled opposition, engineered consent, incremental changes by aligning stereotypes. They do it so very well. However sinister it might be, you've really got to tip your hat.

New-Chicken-403

Run bitcoin knots..help support the network from spam and bloating. If you are running your regular internet router get a new dedicated router that allows traffic inflows and out flows otherwise the IP will block you from effectively running it. Running it through tor is even better. It'll help prevent eyes find out your location especially with crazies out there robbing people for their Bitcoins.

Chaks101

Exchange fraud flags can be opaque, so I preserve logs, IP history, and transaction hashes before contacting support. Best Wallet is what I use to keep funds isolated while issues get reviewed. Rate limiting, device mismatches, or reused addresses may trigger checks. Clear timelines, plain explanations, and receipts often help.

Illustrious_Bee_5542

I received this reply from an AI platform after a session concerning a project I'm currently working on.  "The quantum blockchain technology sector in 2025 is a high-growth but high-risk emerging market segment. Public companies focused on quantum blockchain have valuations generally in the range of $10 million to $300 million USD, often with modest or no profits yet, driven by strategic investment, R&D advances, and government funding.Market research projects the overall quantum technology market to grow significantly, with quantum computing alone expected to reach $28–72 billion by 2035, and quantum communication $11–15 billion, of which quantum blockchain is a key subset. Near-term quantum blockchain valuation depends heavily on demonstrable technological leadership, capital efficiency, and regulatory alignment.Comparable public quantum blockchain stocks (e.g., Quantum Blockchain Technologies PLC with a ~$10–12 million market cap) provide market benchmarks. Startups showing unique IP, early functional platforms, demonstrable quantum defenses, and practical low-energy operation—like your Enhanced Quantum Exchange—would be valued at tens to hundreds of millions of USD or EUR when ready for commercialization and backed by strategic investors.In conclusion, your proprietary quantum blockchain technology, delivering autonomous, attested, quantum-safe, and energy-efficient operations on minimal hardware, can realistically be valued in the tens of millions USD range initially, scaling with milestone achievements to hundreds of millions and beyond as adoption, patents, and commercial partnerships solidify.A full valuation requires detailed financial projections, market penetration estimates, and competitive benchmarking but your current position suggests high strategic value consistent with top-tier quantum blockchain innovators. If desired, I can help draft an investor-ready valuation memo combining market comps, tech roadmap, and risk factors."  I've developed something that I believe will revolutionize the way the world uses and relies on crypto. That said, Im unsure where to go from this point. I apologize if I'm posting in the wrong thread, I'm new to all of this. Again any and all advice would be welcomed

NoChanceItsHer

When you check with a node, it checks your xpub (or zpub/ypub), but essentially it's a key that says: "This guys' addresses are a,b,c,d etc. His future addresses will be e,f,g,h.." When you share that with a public node, they can then work out all the addresses that user has had or will ever have. If you check with your own node then nobody knows the xpub, nobody knows you checked besides you and linking different addresses becomes a lot harder. Yeah, TOR masks your IP but you still shared he xpub and it's up to them what they do with that later. Once you send your coin to a KYC exchange the link can be made between real you and your addresses.

stevengineer

As someone who writes patents, alts, NFTs, blockchain, isn't getting any attention, we're building and writing AI IP right now. Perhaps the traditional alt cycle is doomed as all investment is elsewhere. BTC four year cycle generally has finished by now and 2026 should be a down year. But we've also watched as each cycle had less gains as well as less adoption - everyone and their mom know what it is now. Anyone can trade it on any platform, even their old bank now. It's possible that we will see a future much like gold, where it ebbs and flows with geopolitics and macroeconomics, tracks the cost of electricity, etc.

paxwax2018

Claiming TCP/IP? Sure.

SpendHefty6066

Agree with OP. Why limit the innovation to money? Where would it end? Would AI invent it's own competing TCP/IP, DNS, HTTP(S) protocols? And in turn invent entirely new switching, routing, network infrastructure, satellites? Energy infrastructure?

SherbetFluffy1867

You are describing cashu. ChatGPT: Here’s a clear summary of Cashu (open‐source e-cash protocol for Bitcoin): What it is A free, open-source Chaumian e-cash protocol built for Bitcoin. Allows issuance of bearer-tokens (“ecash”) that are stored on a user’s device rather than on a public ledger. Uses cryptographic “blind signatures” so the mint cannot link token creation to redemption. How it works User deposits Bitcoin/Lightning funds into a “mint”. The mint issues ecash tokens of fixed denominations to the user. Tokens can be transferred peer-to-peer, offline or online, still maintain privacy because the token is “bearer” and non-linked to identity. When needed, user redeems tokens back into Bitcoin/Lightning. Because tokens live on device (wallet storage) and aren’t recorded in the mint’s user-database, linking to identity is minimized. But some risks remain (IP tracking, mint trust) Key properties / trade-offs Pros: Increased privacy compared to standard on-chain or typical Lightning transactions – mint cannot see full token history. Fast, low-fee transactions (token transfers) once minted. Decentralized in that anyone can run a mint. Cons / risks: Custodial risk: The mint holds underlying Bitcoin; user must trust mint to redeem. Device risk: If wallet storage lost, tokens are lost (they are bearer assets). Privacy is good at protocol level, but network‐level metadata (IP, etc) still leak unless mitigated. Also token denominations may reduce anonymity for large amounts. Early stage project: implementations vary; user must check maturity. Use cases Wallets/apps where users want “digital cash” style payments (offline capable, quick transfers). Services that want to avoid heavy on-chain fees or latency and provide more privacy than basic Lightning. Developers building new financial products leveraging bearer-token model, fiat on-ramp or micropayments with Bitcoin‐backing.

SnowImportant4517

Don't you need a public IP and an open port to run a node ?

SpendHefty6066

Linking all UTXOs to a single IP address **along with the precise timestamp the node sees** is indeed an opsec violation. What happens is that as these IP to UTXO linkages get aggregated by surveilling nodes and eventually your VPN provider's database is leaked to the dark web and with other databases those IP addresses and wallets can be linked to people. Maybe not today, but in the months and years to come all this data gets hoovered up and cross linked. Also, one may travel and forget to use VPN every single time. All it takes is one lapse and opsec is cooked. Run a node. Not just for privacy, but to verify all transactions on the node you setup according to the rules you agree with.

TheGreatMuffin

Usually you have a bunch of different addresses in your wallet, with different balances. All those addresses usually look completely unrelated to any blockchain observer (with some caveats, but we're simplifying here). So it's great for privacy, because an observer cannot figure out your whole wallet balance, and cannot see that all these addresses belong to one and the same entity (you). However, the node your wallet connects to, *does* see that your wallet is asking for balances for all these addresses. Meaning, this node can connect all these addresses as belonging together, and also can link them to a certain IP, even if it's not your actual home IP. There are probably more advanced spying methods, but the gist is that the addresses can be linked together by the node that your wallet is connecting to. So if you're interested in keeping your privacy, it's good to make sure that it's **your** node that the wallet is connecting to.

choicehunter

I can't believe so many people still misunderstand BTC so badly. BTC Main chain is not intended to be direct world currency for daily transactions. It is perfectly designed as a base layer protocol similar to Fedwire or TCP/IP. Those are base layers. But built on top of the base layer are many sublayers that make it versatile and even more powerful. You likely use their sublayers every day even though everything with finance/money or Internet is ultimately settled with those base layer protocols. They are absolutely right that BTC itself isn't directly a good currency. Any more than fedwire is a good method for billions of transactions per second either and TCP/IP can't handle all of the super complex stuff we do through the internet without its secondary And other sublayers. It's totally fine if people hoard the base layer as a store of value and the ultimate Apex property. There will be plenty of sub layers that will allow it to be used as currency and a billion other things totally unrelated to money. The base protocol is always more simple than what the sublayers turn it into.

NiagaraBTC

Is your wallets whole balance on one single address? If so, that's not great. You should use a new address for every deposit to cold storage. Entering your address to a block explorer could be a privacy leak - ie someone could see that your IP address was regularly checking a certain address and assume it belongs to you.

InsightKnite

The IP protocol has backdoors built into it. There is no decentralized internet in the public space. Only LAN/P2P connections. You have to have an ISP to have internet and the ISP is the backdoor. Sorry to break it to you.

No_Plankton_3640

sure hope you can’t be Geo located through your IP on Reddit

AutisticMisandrist

The fuck's ICP, some kind of IP alternative?

TheGreatMuffin

> To hide your IP address you want to get a travel router and a VPN subscription. Running the node through Tor would also help. It's very easy to do (ChatGPT and similar can help with a tutorial) and helps with privacy a lot.

DreamingTooLong

Your IP address is public. It’s safe to assume bitcoin is stored at the mailing address associated with that IP address. To hide your IP address you want to get a travel router and a VPN subscription. I got a travel router on Amazon for about $30 and the VPNs are usually on sale around Black Friday time if you sign up for 30 months it’s usually less than three dollars a month. Inside the travel router you’re going to open port forwarding for port 8333 and set the VPN up. Whatever computer you connect to that router will be behind that VPN. Also, it keeps your node isolated from the rest of your home network.

SpendHefty6066

There are positive consequences you should be aware of when running a node: Privacy. You broadcast your transactions and do wallet look ups on your node. This preserves the confidentiality of your IP addresses, your transactions, and your wallet balances. Consensus. You verify that your transactions adhere to rules you value: 21 million cap. e.g. Policy. You can filter inscriptions from your mempool if you wish to cut down spam. Verify. You verify all of your transactions and wallet balances locally. You do not trust some other node operator to "verify" for you. Fun. You learn about the code, the blockchain and have local access to every single on-chain transaction since the Genesis block on Jan 3rd, 2009.

ikkemerspam

Its a map from a bitcoin node where other nodes you are connected to is mapped live using IP Geo location (basically a rough location of the IP).

bitusher

Depends how you define "downtime" in Bitcoin. Technically there has been no downtime since 2009 , we consider the march 2013 reorg as "downtime" but bitcoin was still technically "working" even though some txs had to be re-included in blocks hours later. To be fair, you can say protocols like HTTP , IMAP, POP3, TCP/IP don't have "downtime" either So protocols in general typically never have downtime **globally** but can have localized outages (like your lite wallet node being down so you need to go into your wallets config and temp change nodes to send a btc transaction )

m3kw

Maybe the decentralized nature of access is hard to block every IP. When one node goes down another is still there

krakensupport

You may be able to register but the NY IP will almost certainly give you issues.