I mined some cryptocurrency once. I did all the right things: created a separate cold wallet, sent all my winnings to said wallet, and everything was hunky dory until I decided to move the funds. Turns out I had made a mistake in my 24 words and poof, half of my earned crypto was unreachable. I ended up writing several scripts to brute force all of the word order combinations assuming one pair was swapped. Failed. Then wrote a second program to try all the words for the BIP39 wordlist for each position. In reading how this crypto generated keys, I also learned that not every combination of the 24 words resulted in a valid address and there was a function I could call to validate the combination before testing . I recovered my cold wallet to learn that I was off by one letter (some of the bip words are very, very close to each other which is totally infuriating). That was a very, very stressful week of my life. Luckily, some SW now has you validate that you recorded the recovery phrase correctly during the key generation phase. That's a nice UIn improvement. Don't be me and check that stuff. don't just look at what you wrote and say, that looks good. Actually try and reload the key on another device or on the same device before use.
QIts a scam. Yes a college bachelor's degree is useful statistically for lifetime earnings.That said if not a name college and you are not a B student generally a city and some non-sport state colleges are better deal than spending $ 100,000 for SW Conneticut U.
Starlink satellite while moving into their final orbit depend on very good calculation of the height of the atmosphere and the amount of drag they will receive. With a cooler sun and weaker planetary magnetic field, even tiny solar flares can kick up a lot of particles because we are unshileded. That means there are wisps of atmosphere at unexpected heights, and that creates wind drag which pulls the satellites down to earth by slowing them down. https://agupubs.onlinelibrary.wiley.com/doi/full/10.1029/2022SW003330 In short: this has zero to do with EMP
Small sample size. Just because you don't know them doesn't mean they don't exist. There was a vid a while back some guy getting jacked in the SW US by law enforcement and they took like 200,000 in cash from him under, ehem, "suspicion"
Either way you have to maintain another physical machine you trust, it’s either a machine designed exclusively for the purpose (HW wallet) or it’s Electrum (or other SW Wallet) on a custom PC which you need to store / keep secure. Both could be stolen or hacked, it’s a pros and cons between the two based on your level of comfort with form factor, and with trust of a HW wallet manufacturer vs your own skill with PC setup and security. It might be cheaper and more secure in your view to have electrum on Linux on an airgapped machine (and that’s fine for you), but for most people a HW wallet is possibly more convenient, more secure AND cheaper.
I also want the flexibility of using their DEX (understanding fully the cost of using it). But mostly... HW wallet just holds keys. Just like a SW wallet. Why not get 99.8% of the security (or wahetver it is) with this added felxibility and lower cost?
Found a copy, download and spread it around like wildfire: [https://drive.proton.me/urls/12Y1SW9ERR#OnNky8sz5IfN](https://drive.proton.me/urls/12Y1SW9ERR#OnNky8sz5IfN) This is quite troubling, though not surprising in the least, ban something and I'm even more inclined to read it. It was on my list, but it's getting moved up after this BS.
Can someone explain to me how do you fall for this? If you're sending money from your wallet, you literally have a button "copy my wallet". If you have malware on your pc that changes your copy pasted wallet, you already fxxked up and are actually lucky that it's the only thing it does (probably does way more). Cexes nowadays force you to verify the wallet before you can even withdraw to it, so why not spent those 5 more seconds, when adding new wallets. If you're sending substantial amounts, is it really that time critical to not check the whole address? You can literally even look into your history and try ctrl+f the copied address to see if it matches, so this would also help against copy paste malware. If you're getting caught by the 0 transaction (idk why SW doesnt filter them out or highlights them as problematic), then it's your own fault, use the dedicated copy my address button instead of grabbing a random one from history. Also if you have that much money and don't have a dedicated machine for crypto and financials, just why? You have $20M and cant buy a $200 laptop dedicated to crypto? (For not so wealthy people here, atleast use different browsers or browser profiles.)
maybe it was just my own personal experience, it might not have been as bad as it seeems. regardless, the SW group was far worse... it's also possible that in the moment of losing money (which i did end up selling before most of mine before things really started to drop, but i did still end up losing enough to sting) i was a bit sensitive in that time period. as i said in another comment, i ended up learning a lot from some of the more helpful 'bears' and you're probably right about the buttcoiners.
When you write: >I lean towards hardware wallets even though I prefer the user experience offered by software wallets. you reveal that you're confused. A "hardware wallet" is just a piece of hw that can only sign transactions (and maybe a bit more) since it holds your seed. To use a HW wallet you **need** a software wallet. A piece of software that will do all the "wallet stuff" you need. If you're not aware of this that's probably because you always used Ledger and THEIR own software wallet. Here's the rub - Buy whatever piece of hardware you like (Trezor, BitBox, ColdCard, Jade,...) And connect it to whichever software wallet you want! I use Electrum as my SW wallet and Trezor+ColdCard as HW "wallets". Start Electrum, connect HW to PC via USB and off I go signing all the transactions I need. Wanna do multisig? Two/three/five... HW pieces, possibly all different manufacturers, and Electrum. Boom! Whitelisted addresses? Keep a note on your PC. Time delays? I think Electrum has that as well. Admittedly I haven't looked into it, so need some research. Point being, pick the software that does all you need and use silicon to sign your transactions when needed. The seed never touches the PC, so it's still a cold wallet. And if you're paranoid the USB connection can be compromised, use ColdCard and export the PSBT to an xd card, sign offline, and then back online to broadcast the tx. Electrum is open source and highly trusted. The track record is unbeatable, but some people ignore all of that for a fancy/sleek look by other wallets.
Don't care, SW isn't much better than leaving it on an exchange. There are plenty of apps that allow you to buy and store without using a SW wallet (to keep a small amount on as I pointed out with Strike). The SW just adds extra steps and doesn't significantly improve the situation and is equally inadvisable for HODLing. If OP wants to HODL, OP will get a HW, end of story.
https://nitter.net/digitalassetbuy/status/1669662889974591488?t=U8MlH3yuQP0aeNtO9zuyFA&s=19 https://nitter.net/digitalassetbuy/status/1669684396985548802?t=XfdqMX4obk2SW-fEJoUvTw&s=19 https://nitter.net/sentosumosaba/status/1669346770017718273?t=mR-qNf74SQ-m2HpRPUZ5Ag&s=19 There you go Prometheum CEO that just got the industries first finra SPD. ETH bros this is fine I don't mind if all crypto are Securities
OP, If I may be so bold to suggest that I think you need to spend some time to understand the difference between private key and a BIP-39 seed phrase, which Jade documentation calls a "Recovery Phrase". I explain a bit more below... I am assuming you got a brand spankin' new Jade hardware, and if so, your first step will be to initialize your Jade HW according to their instructions, which I found on-line, here: https://help.blockstream.com/hc/en-us/articles/5712308134809-What-are-the-best-practices-when-setting-up-Jade- Accept my apologies if you already know all this stuff, as don't want to be insulting. So the concept is this: seed phrases can be used to generate addresses but benefit from help from software running on a mobile device, laptop, or desktop. After completing the Jade device initialization you will have initialized a new, never used before seed phrase, and the Legder with a different seed phrase. Depending on your prior usage with the Legder you will have one or more UTXOs (addresses) that were deterministically generated addresses created from the seed phrase managed by your Ledger HW. I assume the goal is to get all of your Bitcoin value from those Legder addresses of that device and moved to new addresses under management of the Jade HW. But before you can move those Bitcoin, next you will need to use some software with your Jade HW to generate a new Bitcoin address (public) or more addresses as you wish. You have a choice of which software to use with the Jade HW to "receive" Bitcoin value. You can use Electrum, Sparrow, BlueWallet or Blockstream's software, and in Jade Blockstreem Green's documentation, it mentions a "receive" button. After generating a new bitcoin receive address, write it down on a piece of paper to use in the next step (and beware cut-paste buffer malware). Next you need to use your Ledger HW in conjunction with its computer software (either Electrum, Sparrow, or Leger's prorietary SW, which I called Ledger Live if I recall correctly). Using this software you will send Bitcoin value from addresses managed by your Legder HW to a new address you wrote down in the last step, i.e., the new address mananged by the Jade HW. Take the time to study a bit so you don't make a mistake, do something that compromises security, or loose your Bitcoin. Rather than following some recipe blindly, it's better know what is happening, clearly understand the security implications, and understand why you are doing each step. Be sure to ask here on r/bitcoin or https://www.reddit.com/r/BitcoinBeginners/ if you are unclear on anything. Also it is best to try moving a small amount of Bitcoin, first, in case you screw up. You don't want to loose it all. Above all, don't listen to any direct messages. Ask your questions on these public forums with publicly reviewed replies so you don't get scammed. Pro-tip: keep your ledger device around as a decoy where you can store a small amount of Bitcoin. If you are assaulted and someone demands all your Bitcoin, you can give them your old Legder. Take your time and try to learn as much as you can as you go through the steps of transfering your value. Things may seem overwhelming at first, but the more you do, the more you learn. Eventually things will seem easier and all make sense. Remember, you have a whole community of us Bitcoiners to help encourage you on your journey. And we are rooting for you! Anyway, I hope this helps.
If your online machine (system-a) doesn't use a HW-wallet, the entire TXN crafting process is questionable. This is ripe for change-swap attacks. If you stay on a HW wallet, there are defenses against change-swap attacks. And that is just one of many potential TXN attacks. Air-gapped-HW-Wallet > Air-gapped-SW-Wallet That will always be true. You may find it unnessicary, which is fine, but it will always be MORE secure than a config without.
I disagree that it's only enabled if you subscribe. The leader SW wallet has to communicate with the device in some way to get the shards. Any malware could emulate this. The shards are still protected though as you have to accept it on the device itself. So what if an attacker has physical access? Then it's still protected by your pin on the device. How do you know the passphrase isn't also exported? I'm not convinced by this. I'd also like to know more about how it's encrypted.
No, the device is not generating anything for me, it's just telling me if what I generated is a valid seed. It allows me infinite attempts at the 12th word, util I find one that fits the checksum (I confirmed this with the manufactuer) But in any case, I will send just a very small amount of Bitcoin into and out of the wallet first, before I deposit my funds there So yes, it seems that it's possible to generate a seed totally independent of HW and SW provided by others. I see this as a major leap compared to any other solution. In terms of privacy and peace of mind
We need to be more clear what could happen.. can someone tell me if a government arrested someone with their ledger could they plug it in, update SW or whatever and access the funds without the arrested person giving up their seed phrase? Yes or no
My thoughts exactly. If governments want HW and SW to comply to their jurisdictions, who can stop them? They are running the world; and probably Ledger is the first taking shit, but we’ll see how the others can handle that.
Nothing technically prevents the manufacturers from releasing a malicious firmware for a HW wallet. It was always the case. Regardless, they're still the extra layer of protection compared to pure SW wallets. The problem is, the more HW wallet owners are just casuals with no understanding of bitcoin, the more preassure is put on the developers to include useless bells and whistles, or even harmfull features like this. The customers just don't know what's good for them, and the market is ready ti have it their way.
Biggest issues after reading responses and listening to twitter live. 2/3 shards are in jurisdictions that literally cooperate and will seize your shit if they fell like it. There won't be any court order, it will be confiscated instantly, then you can go to court and pray you get it back. They are constantly pushing narrative that "only if you physically push the buttons and you are prompted for consent" WHO KNOWS WHAT THEIR SW DO ON BACKGROUND?? CAN I SEE THE CODE !? What if some rouge dev push commit with automated seed extraction or someone hacker find backdoor, then just extract? Next they are saying that its for future user and their response to "what if it gets hacked?" Response ? "Let's see" What ? Is it your money to risk ?? "let's see" my ass
I doubt there have been too many SW or AI companies in El Salvador so far. This cut isn’t affecting anything. Also no, property is usually taxed yearly based on size and reference value. It still has a value and costs the same amount, you will just not pay the yearly contribution. I guess he tries to lure enough companies in and they should spend money on infrastructure and push the economy. After the first dust settles they will be hit with the tax hammer again.
> Dude had sex with a sleeping girl without concent and that’s coming from someone watching the legal proceedings in Sweden and his own testimonies. Yeah, not according to the girl herself >According to police records of SW’s phone seen by Assange’s lawyers, ‘SW’ wrote from the police station that she “did not want to put any charges on Julian Assange,” but that the police were “keen on getting their hands on him.” >The next day she wrote she “did not want to accuse” Assange “for anything” and that it was the “police who made up the charges (sic).” You government bootlickers are disgusting. Assange has been locked up in the worst of conditions for years now for exposing war crimes. Full stop. The general public owes an incredible amount of its knowledge of global corruption and Western warmongering because of his bravery and resolve. But no, I guess we should ignore all that and shill for the military industrial complex because of some rescinded allegations from a decade ago.
1. I usually don't recommend keeping on exchanges, but that is likely your best option till a HW wallet comes. Just use some [common sense security](https://np.reddit.com/r/CryptoCurrency/comments/qft7uv/10_things_you_should_probably_start_doing/) with your exchange account. 2. For the most part, DYOR. I don't know where you live or what's legal there. [This list of exchange fees](https://www.reddit.com/r/Bitcoin/comments/mxb7ur/simple_table_of_exchange_fees_and_withdraw_fees/) might help. Common fees are deposit, convert and withdraw. Each can have it's own fee, and the fees can exceed 90% if you let them. 3. Seems like [13:00 UTC](https://jochen-hoenicke.de/queue/#ETH,1w,weight) is generally the lowest fee. Likely due to the fact that most in the US are just getting out of bed then. [Weekends are generally cheaper](https://bitinfocharts.com/comparison/ethereum-transactionfees.html#3m) than weekdays 4. Yes, there are fees. You get the receive address from your HW wallet, then perform a "send" transaction on your hot-wallet to the HW-wallet. 5. Yes, SW and HW wallets can both use 24 words (codes), and you should ALWAYS keep from putting ones code in another. You are correct that this type of code swap will remove all the security you worked to create. On the other hand "pairing" does not degrade security at all. Read all the manuals for the software wallets and hardware wallets (yes, I'm serious). Also read the legal docs for the exchanges (yes, still serious).
😢. i had a freak derailleur accident a few weeks ago I had a bungie cord hook bend it like. bread tie. I go to SUAREZ BIKE SHOP IN MIAMI (SW 8TH) Love that guy..and he goes. >Supply Chain... and i had to order my own parts.. appros of nothing shit is wild.
I remember advising my friend in 2017 about what to do with the new currency she was receiving for SW. SWers have often led the march towards radical change. California owes a great deal of thanks to the workers who massive funds towards dvocacy efforts for medical cannabis.
Not exactly. When China banned bitcoin, the hash rate dropped by 50% but the difficulty didn't adjust instantly, so it was actually more difficult for the network to mine because it had half the power to do so. And by the time it adjusted it reached a new equilibrium which is still contributed mainly by specialized ASICs. You can technically still mine with your old PC SW by joining a mining pool. You would be rewarded with a percentage of BTC equivalent to the percentage of hash power you bring to the pool. Another really fascinating point to keep in mind is that winning the block is a matter of random chance in finding a block hash that's number is below a threshold. You could think about mining like a dice game where I give you and another one of your friends each 6 dice and say I will give $10 to whoever can roll a sum less than 7. With 6 dice each, the maximum number you can roll is 36, and the minimum number is 6 (rolling all 1s) so rolling a 7 would be very difficult because 5 dice would need to be 1, and one of the dice could be a 1 or a 2. It would take quite a few rolls to get a sum less than 7, however, it's possible you could roll that on your first try. This recently happened where a solo bitcoin miner, not operating within a mining pool, won a block. Pretty insane.
> Security and privacy best practices Here's my suggestions * [Security Best Practices](https://www.reddit.com/r/CryptoCurrency/comments/qft7uv/10_things_you_should_probably_start_doing/) * [HW Wallet Best Practices](https://www.reddit.com/r/TREZOR/comments/gsv0in/heres_my_suggested_new_trezor_setup_checklist/) (Trezor specific) * [Warning about Exchanges](https://www.reddit.com/r/Bitcoin/comments/qk41gk/how_to_hack_an_exchange_account/) > kyc’d coins You asking about cleaning your coins? Cleaning coins in HW wallets almost always require transfer to a SW wallet, or third-party trust. 1. Wasabi - Requires transfer to SW hot-wallet during coinjoin 2. FixedFloat - Requires trusting third party `FixedFloat` to act in good faith 3. JoinMarket - Requires transfer to SW hot-wallet during coinjoin 4. Exchanges - All Suite based exchanges require the exchange act in food faith 4. Lightning - Electrum HTLC priv-keys are maintained in the SW, even when connected to HW. Some HW wallets are adding CoinJoin to the firmware, but I know of none that do it natively right now, at least not with an anonymity factor that would be respectable. There are some alt-coin atomic swaps that could also be tried, but I'm not sure how many of those atomic-swap-enabled-wallets support your hardware.
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I've seen you're selling NFTs as a way to access the bot. Good idea for SW licenses. What I don't like that it's only one time payment. Bot needs to be operated 24/7. How are you gonna pay for operating costs 3 years from now when nobody will be interested in buying new NFTs?
In hot housing markets prices have gone up because a lack of supply. It's not going to change anytime soon at least in my area (SW Florida) because they're tearing down older affordable houses and building million dollar ones, which continues to push prices up. This market is not the same one that collapsed in 2008
I have +20y in the SW development industry, also have +3y day trading experience, and most importantly, actually have experience building trading bots so I'm familiar with exactly what he's asking you to do. * Can TA (Technical Analysis) based trading be profitable? Yes, absolutely. Some people will say TA doesn't work or that it's fortune telling, but Wall Street is full of brokerages that have departments full of traders who use TA who make a ton of $$$. That being said, they also have teams of MBAs & developers from fancy colleges, years of trading/development experience, access to server farms and inside information that retail investors do not. Even with all those assets TA is never foolproof and anyone who says their TA is 100% is overly optimistic. The less of those assets you have available to you, the less likely the effort will be successful. * Can HIS TA system be profitable? Maybe, but make him show you the proof (which it looks like you're already doing). * Let's say magically he has a golden formula (unlikely), should you do this work for him? MAYBE, but what you should ask yourself is what your ROI (Return on Investment) is going to be. How much work will you have to investment, and what will your return/compensation be? What he's asking you to build is measured not in hours, days or weeks, but likely measured in years. He's doing his TA in tradingview, so you'd have to build an algo/indicator that takes TV price info to make programmatic sense of his TA. His TA uses a) pattern analysis, b) static support/resistance levels, c) dynamic support/resistance levels, d) volume price analysis, e) time price analysis. Any one of those could take year(s) to develop, let alone doing all of them and integrating them. SO do you want to work for X years for free with an unknown Y compensation at the end? Probably a hard pass.
Hehe, in the article you linked it says at the end Österreich, which means Austria. Seems like in Austria it's better to do crypto trading while Germany is better for holding. For example, in Austria swapping a coin to USDC/USDT won't be a taxable event. So you can sell into stablecoins and buy back lower without paying any taxes. And just to make it clear, it's not that Germany is nice and thinks people should hold Bitcoin. There just happens to be a law for foreign currencies that also applies to BTC/crypto. No one really said anything about BTC itself. So I would not saying it's a crypto "paradise" or something. There are still many unclear parts, for example, if you stake/lend a coin this period that you have to hold to have it tax free becomes 10 years and not 1 year, but it's also not official really. And if you happen to be paying taxes in BTC, you have to pay income tax on it, which is 42% if your work income is >€57k, which isn't really a big amount for some jobs, like in SW engineering that's an entry level salary. So it really sucks in these cases. I would not say Germany has a favorable crypto view, as the current taxation is NOT for Bitcoin, rather for foreign currencies. I think there is no change on the horizon as the FDP, liberal party, seems to have a lot of power in the government. However seeing the rise of SPD/Grünen, more socialist parties, if they'll govern without the liberals a tax will surely come. To be clear, I'm not expressing political views, just facts and what people here expect. But luckily for you and me, the Bitcoin we own now won't probably be affected by those future changes :)
I've a 1060gtx 3gb with a intel i7 2600k. I'm struggling with just getting the software to work, I find it all very confusing. And then I have to turn off Windows defender and my firewall and antivirus. I've been unable to find a solid guide to get someone like me (not a dumb head, I know my way around hw and SW, I've a degree in network computing) but it all just seems sooo complicated!
Thanks, so you're saying the moment I want to recover using the phrase, I should do so by entering it into a HW wallet. Makes sense. Is there an additional benefit in the passphrase being generated through a HW wallet, as opposed to a SW one? In other words, is there value to have the wallet even while HODLing, or can it be purchased only when the coins are about to be used?
When are people going to wake up, and say enough? In small towns in Australia (so far), people are being taken away--by the ARMY!--for having covid, or being 'in contact,' to concentration camps (but given the 'safe name' of quarantine). Keep in mind, this virus has a +98% recovery rate, by several sources, including worldometer. In the US, The House AND Senate ended bioweapon research (what do you think 'gain of function is?') to Wuhan Labs; Wuhan being 'ground zero.' Rep Greene is leading a charge to have Facui fired, and Senator Paul has referred him to the DOJ, as more proof comes that Fascist lied, about pretty much everything, including the US funding in Wuhan, most recently from 2014 - 2019. This should be one of the biggest talks across the world! There's also no shortage of studies that confirm that natural immunity is much better than the jab, from around the world; for a +98% recovery rate virus. There's also no shortage of people getting jabbed, and still getting covid, nor shortages of people dying after the jab. One of the more infamous were 2 Southwest Airline Pilots, both considered healthy, dying after jabbed. So, SW backed down (for a time?) from mandating it. Globally, millions of healthcare workers are refusing the jab, who have been on the front lines. That should tell you something. Transportation workers, and others are refusing, as well. Maybe it's because the truth doesn't mind being questioned, but lies have a problem with open disccussion?
There are already multiple dApps running on mainnet and a lot more on testnet. Have you done any research or are you just pulling this out of your nose? As for DEXes, I think that two montsh after SC release is a very short period to expect them on mainnet (most people calling this "long" have probably zero experience with SW development). Thinks are coming but, God, be reasonable people.
I do believe that DeFi done right can one day cut out all of the unnecessary middlemen parasites in traditional finance… but it’s going to take a lot of trial and failures. Even professional SW & networks gets constantly attacked by pros and nation states… and that’s not even taking into account a lot of Dapps are made by hobbyists and amateurs right now.
1. HW wallet is just a way to do BIP39 paper wallet without sharing private keys with your operating system. If the HW fails, any BIP39 wallet can recover it, though it shows keys to the OS. 2. True, but HW wallets keep the keys isolated from the OS 3. BIP39 is really the standard you are hoping persists 4. True, but from the instant you sweep the keys into your SW wallet to the moment the TXN is confirmed your OS has hour keys. 5. True, [package proxies](https://duckduckgo.com/?q=anonymous+remailer) are required, pay by crypto can obscure the payee origin as well. 6. Get what you pay for 7. True, same for HW wallet seed backup, as you mention above 8. [Deterministic builds](https://wiki.trezor.io/Developers_guide:Deterministic_firmware_build) are available for some HW wallets. Major brands are audited by competitors and are under constant threat of being called out if they break the build process on any release. Bitcoin Core has a similar process called [Gitian](https://github.com/bitcoin-core/docs/blob/f64a55f/gitian-building.md) 9. True, getting the device spec (weight and dimensions) can reduce this risk. Most tampering will leave a trace on the case or alter the weight significantly. But this is likely the weakest link. The main point you overlook is the fact that paper wallets are only secure so long as the paper is the only thing that holds the key. Once you import the key to a computer to craft a transaction you are at the mercy of the OS. Tainted SW or an OS level infection can (and have) target sweep events.
I would go with something from Michael Saylor. His perspective would be similar to your CEO in regard to corporate asset protection. He gets into the technology to a reasonable depth however above what a non SW development business CEO would want to drill down into.