TX

ErictheRedding

Thought and prayers is the usual TX recipe.

ensignlee

There has been a lot of change in increased demand with falling supply though. Which results in brown outs like we experienced in Feb (I'm from TX)

Imightbewrong44

Everyone in TX basically pays 2-3% property tax. So only difference is your property must not be worth much.

mirandanielcz

Did not count in the TX fees

mirandanielcz

How are you going to afford TX fees?

TextileWasp

i can see the headlines: TX blames blackouts on bitcoin mining. fuck TX and their backwards ways. i love BTC but I think the association with the crazies may actually hurt adoption

arbalest_22

I just want a house in TX with no neighbors and a shooting range. Anything else is a bonus. 😂

MarshallHayner

* No gas fees * Human readable accounts * 4,000 TX/s * Atomic NFT experience * xTokens supporting every major blue chip cryptocurrency * Payment messaging protocol interacts with banks and processors * Smart contracts in C++

InitialPiece1493

Not sure I follow… my comment stated facts about people moving from NY, CA, etc. to TX, FL, etc. I didn’t say a word about anything that you mentioned.

ensignlee

I'm from TX. That doesn't make any sense. By adding MORE demand while keeping supply pretty much the same, Ted Cruz thinks that would make the grid MORE reliable?! Fucking idiot. No, we'll just have more blackouts/brownouts. I love bitcoin, but goddamn do I hate Ted Cruz.

_H0ney_Badger_

TL;DR - learn how to invest and read basic technical analysis, start saving for 2025/26 bull run, find a good staking platform to earn passive income, when you buy SHIB think of it as spending money you’ll never see again but you enjoyed it (like watching a movie) SHIB is like DOGE in that it is pure speculation and meme powered. Don’t put in more than you can afford to lose! If you’re going into Crypto, start by learning fundamentals - [Rayner Teo](https://youtube.com/user/tradingwithrayner) is a great start so you know when to time your entry and exit points Learn more market fundamentals like “Don’t try to beat the stock market” this is echoed again and again in [Boggle heads the book](https://pyramidofwealth.com/the-bogleheads-guide-to-investing/) - most people do not time their entry or Dollar-cost-average (DCA) long enough to get a Lambo. Investing is a long game Get your financials in order. Once you pay all bills, rent, gas, food etc: 80% high interest savings or properly timed investments (buy low and HODL, or DCA) you can do this for high market cap crypto (BTC, ETH, ADA, etc) or index ETFs like anything that tracks SP500; 20% liquid cash so you don’t go crazy and ruin your budget- be nice and treat yourself - if you wanna FOMO into SHIB with your spending money, do it but don’t expect any returns (like watching a movie or buying a lottery ticket- money is gone and close to 0% chance of getting it back) If you’re not in NJ, KY, NY, TX in the states, start a Crypto.com, Nexo or Celsius account and start getting interest on your crypto holdings. You can use these platforms to give yourself a loan which means you don’t sell your coins and you don’t have to pay tax. Once you have enough crypto, use your line of credit like a credit card (12% interest for Nexo/Celsius/Crypto.com instead of 29% compounded monthly for major credit cards). There’s a huge caveat in that if you max out a loan when everything is going parabolic/insane gains, you can accidentally default on your loan when everything crashes sometimes in less that 24 hours (meaning you will lose your coins, owe money, and pay taxes on what was liquidated). Knowing basics of technical analysis such as bull/bear candlesticks, volume and moving averages is so important. Retail and fast food sectors are begging for workers so if you’re ready to start this adventure, grind it out, save and invest like hell and keep improving yourself until at least the next bull run (2025/26). This is my bias speaking: but and stake the shit out of [Divi](https://diviproject.org/), you can get 20% APY and you keep your coins in your wallet while staking, no need to worry about someone in a DEX stealing your money- it’s your keys! Hope this helps. Good luck! Don’t give up - but don’t fomo expecting lambo unless you want to learn the hard way.

homiee7

For those who mock Litecoin - go ahead, get yer bags full of SHIBA or smth. Gee. Litecoin is a good coin. Many uses, traded on almost every exchange, fast, low fees. LTC is mainstream. For those of you that even don’t understand what market cap is and expect DOGE or SHIBA to reach 1$ because you packed 10MM coins - keep waiting lol. I use LTC when I need to. I use BTC when I need to. I use ETH. When gas fees aren’t $50 per TX. So much hate for nothing.

Xvi_G

How do they know you're in TX? If they are checking your IP address then a VPN would redirect that If you indicated your address in your profile then you can change that, recognizing that you're violating terms of service and accept that some future issue may or will arise If they are getting that info from your bank then you don't really have a workaround

FilmVsAnalytics

Cardano has been a disappointment. I spend time in a few crypto dev discords. All of them are super positive places except the two Cardano ones. It's been nothing but frustration from newer devs looking to build on Cardano. The overwhelming sentiment is "be patient, learn Haskell," which makes sense, but in the meantime there are a lot of things devs are having issues with (especially around TX rate) that makes me realize it's never going to have the apps that builds demand for ADA. The day of the mini crash in September, I finally moved my ADA position into Algo and haven't really looked back.

ObsoleteGentile

In the future, TX will become the moral center of the US, and NY will secede to become a Special Administrative Region of China. Crypto will keep rolling.

igadjeed

> QC was an excuse to say " imagine we can bruteforce a private key from an address" Clarification ... Verifying the right to spend is a 2-step process - hash the public key to verify that the hash matches the address; use the public key to verify the signature. This means the public key is only secret until the TXO is spent. A privacy-breaking QC doesn't need to break the hash, because the public key is exposed on the blockchain - embedded in the scriptsig of the spending TX input > Would P2PK addresses be "at privacy risk" Yes, and (in the QC Shor's algorithm context) theft risk also, for unspent TXOs. Similarly, address reuse exposes the public key for all TXOs when a single TXO is spent > is there a privacy gain in segregating funds accross wallets? Yes, but understand the trade-offs. Also, if you worry that the keys in a deterministic wallet are mathematically related, then the simplest response is not to use a deterministic wallet. Use a "just a bunch of keys" wallet instead The trade-off is that the user needs to follow a reliable method for backing up the JBoK key set. Deterministic wallets were implemented because people didn't have the discipline to make frequent backups. Now, make one initial backup. That backup contains the master key. It's good forever. Go one step further - derive the master key by hashing a set of words chosen from a carefully constructed list. Write the words by hand on paper. No electronic backup required, ever Choose your poison * an unlikely future QC + Shor's algorithm exposes your privacy because you used a deterministic wallet * in your JBoK wallet, all your Bitcoin is controlled by one key, the key for your most recent change address. That key has just been randomly generated and you forgot to make a new backup Or, you're very disciplined and never fail to make the backups, always keep them secure from loss, theft and fire. A JBoK wallet is for you Nit: in your scenario, you could have obfuscated the KYC-compromised TXO with a coinjoin > With this, do you mean no one would look this far and would assume funds are not linked, meaning it's good for privacy (if I remember the derivation path)? Sure, it's good for privacy, but not as simple as JBoK. Also, your funds are at risk of loss if you forget to write the index number of the key, or you write the wrong number (transposition error or typo). And you have to develop your wallet recovery process to use an external tool, and then remember the process > say there's a mathematical breakthrough that does break SHA-2 Then the master key can be discovered from the child key. This would be a major theft risk, not simply a privacy risk There are hundreds of threads discussing "what if SHA-2 can be broken?". The usual response is that there would be much bigger issues than Bitcoin wallets. Maybe [Poly1305](https://en.wikipedia.org/wiki/Poly1305-AES) is the answer

hkzombie

According to their FAQ, TX fees buy Cake for burning. Profile setup (I doubt any CAKE is burned from this now, and paying for lottery tickets will burn CAKE.

Human-go-boom

Cosmos? The ecosystem that built Crypto.Com and Binance? Harmony One? 1/5th the circulating supply of ADA, with faster TX speeds, and a team of 96 people working on it? All for the low price of .22? What crypto enthusiasts hasn’t heard of these two?

650REDHAIR

Or recognize that you're being played and BTC will be the scapegoat the next time the TX power grid fails...

Waddamagonnadooo

The unsigned TX is sent to the hardware wallet, signed on the device, and it returns the signed TX. The private key never leaves the device.

randomee1

Probably related to Pomp making fun of SF city council. Evidently SF city council tweeted out "F*ck Elon" when their negotiations with him stalled, which caused him to relocate to TX. No doubt the commies at youtube that live in SF are seething about it.

slo1111

Not fucked because of a snow storm. Fucked because of TX go it alone strategy to electricity.

sbuslovsky

As much as I'd like to keep this non-technical, when you're bringing concerns around formula of reward generation and probability of miners/users attempting to game the system through some attack vectors - we have to bring some technical concepts of the system targeted at addressing those specific concerns. It is correct formula REWARD_AMOUNT = TX_FEE * BLOCK_TX_NUM for reward generation. The fee is, in fact, multiplied by the number of transactions in the block. Which makes the reward higher than the transaction fee paid, considering the probability of that happening is key to avoid any profitable "gaming" schemes. The miner-involved scenarios you mentioned are addressed also - rewards are generated in future blocks, at the time when block is assembled and submitted, miner has no way of knowing if the transactions he's including will "win" later or not. https://vincentiv.net/rewards-generation/ has a visual description of that, take a look at "Future commitment" section. Hope that clears this out a little.

Maxx3141

I mean you don't have to get to technical here - The ratio of the expected values of fees (F) and rewards (R) will be totally crucial here. And I don't see it working in any case, no matter if F>R, F=R or F<R. F<R will cause a spam fest, F>=R will probably just lead people to form "spending pools" to get (part of) their fees back. All averages out at the end. However I don't get what you mean with this: "REWARD\_AMOUNT = TX\_FEE \* BLOCK\_TX\_NUM". Did you do a mistake or is the reward really proportional to the BLOCK\_TX\_NUM ? Don't the miner chose this arbitrary? They could place themselves in higher spots to get a bigger chance for a higher reward then. And last your system has another flaw in my opinion: The miner could also own an address which could be a possible candidate for the reward. And if he finds a block in which he does not get the additional reward, he could as well trash it and start looking for the next one - so you also decentivize miners from publishing valid blocks.

sbuslovsky

Thanks for really thinking through this! The concern you raised was thought through and addressed: * For a block with N transactions, each transaction has 1/N chance of “winning” a reward. * When user makes transaction he/she has no way of knowing if it'll be a the winning transaction because reward are generated in a future block(N+5 block). * Reward amount is set to be equal to REWARD_AMOUNT = TX_FEE * BLOCK_TX_NUM. Hence, the reward generated is tied to the investment the user undertakes by paying transaction fee and takes into consideration probability of that particular transaction “winning” the reward.

Deltanonymous-

If they're willing to allow it, they will most likely be in it to profit from it and maintain some semblance of power. If not power, money. Can't buy a house in bitcoin in TX. Yet.

scsibusfault

TX here. Works fine for me, though I never use it. Fees are bullshit. I have 9 cents in USDT that'll never leave since I'm not dealing with those exchange rates again.

Corican

It looks like you sent the Nano to the exchange's hot wallet, rather than a specific deposit address for yourself. Normally an exchange will SEND nano from their communal wallet, but RECEIVE it from specifically given addresses. The TX ID/link above is 100% proof that it was sent, but it doesn't prove that it came specifically from you. You will have to talk with the exchange's support and hope they will credit your account. And in the future, it is highly recommended to hold your own coins in your own wallet, rather than giving them to an exchange to handle for you. Avoiding all these issues, and increasing your security.

Beechbone22

Main goal isn't TX speed, you 2017 troglodyte. TPS measuring contests are an outdated relic of a narrative from when DeFi didn't even exist. It's yield (DeFi users) and fee generation (FTM stakers) for network participants. Solana has absolutely miniscule fee generation and has a dismal ecosystem compared to EVM compatible side chains. Fantom has a superior ecosystem, a much more robust money market and protocols that benefit from native asset gauges rather than cobbled together forks of Solidity native dApps with 0 innovation *cough* Saber *cough*. Solana has one clear advantage and that's its CLOB via Serum. In every other aspect it's outclassed by EVM compatible networks + ETH and the Terra ecosystem

doombiggity

Curious - Why would people use FTM over SOL? Not saying one is better than the other... but if the main goal is TX speed, isn't SOL the preferred platform?

Vigilias

Also I can just give you my private keys and no one knows any better. No TX to be seen.

yebyen

Anywhere near Austin TX? I think you will find like-minded folks at Assembly next weekend! [https://assembly.urbit.org/](https://assembly.urbit.org/) Don't ask me how I know

IBeefSupremeI

Might have to move to TX and start a large organic pepper grow-op selling exclusively in crypto.

DoLessBro

Out of the 4 largest states in the country (CA, TX, NY and FL), two are blue and two are red. I grew up in one of the blue one's and currently live in 1 of the red one's. Both red state's are experiencing a rapid influx of residents moving in and growth/development while the blue states are seeing considerable declines. Residents of the red states report higher quality of life and satisfaction than the two blue states. The proof is in the pudding on who's ideas work better for the citizens

No-Honeydew8289

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Technopulse

Slightly dissatisfied by the fact that Moonriver ticker is MOVR and not MORV. On a serious note, if ETH gas prices are cut, some coins out there will see less use, because they're currently being used to move ETH around by converting them from and to ETH as it ends up being cheaper and with less TX fees overall than sending the ETH directly, it may or may not be the case with MOVR, I literally just heard about this one today. I can't be of any more help unfortunately.

smart_encore

no TX fee to go between networks. sweet

slo1111

It was settled at end of Aug. That company agreed to drop the invoices to customers. Most of the bailout went directly to companies to shore up their financials and also to not immediately pass on any direct costs to consumers. Companies like Atmos, natural gas, never tried to pass the costs, but said they may have to until TX came with the bailout package.

step11234

Hmmmm... never thought i'd find myself side by side with Ted Cruz *It’s not lost what Bitcoin might do for Texas - already a top ten economy in the world With Senator* ***Ted Cruz*** *(R-TX), Senator John Cornyn (R-TX) and Senator Cynthia Lummis (R-WY) speaking at the event, could make the first Texas Blockchain Summit a benchmark for the amount of interest in how Texas could benefit from the growth of digital currencies and blockchain technology.*

slo1111

People talk so nonchalently about the TX power grid that required the use of the dreaded "socialism" to not pass on the real costs of the winter 2021 grid fiasco in electric bills because TX has some go it alone North Korean-esque policy which can not get any back up power from outside of TX. TX grid is not fine.

skinandscones

They don’t believe in climate change in TX so it doesn’t exist there. Isn’t that how it works?

Matifox91

Great TX speed, zero fees, New gen blockchain and 0,5 NFT minting cost. There are some of them already in sale.

tacs97

Transfer something else besides usdt or euros. Tezos, Ada, trx, algo, a bunch of other low TX cost cryptos are out there. Not quite sure if trx is avail on CBPro.

cannainform2

Full article: Texas has seen the upside of China’s decision to cancel bitcoin mining, in what set off the ‘Great Mining Migration’ to Austin, Texas. The Texas Blockchain Council has grown to 70 members and is led by Lee Brachter, the President of the organization. And next Friday, he will be hosting the Texas Blockchain Summit - an event that could prove to be the largest state-level blockchain one-day summit ever. It’s not lost what Bitcoin might do for Texas - already a top ten economy in the world With Senator Ted Cruz (R-TX), Senator John Cornyn (R-TX) and Senator Cynthia Lummis (R-WY) speaking at the event, could make the first Texas Blockchain Summit a benchmark for the amount of interest in how Texas could benefit from the growth of digital currencies and blockchain technology. Texas Governor Greg Abbott has met with the Texas Blockchain Council twice already. Recently Abbott commented on Twitter that, “Texas will be the crypto leader. Cryptocurrency is now coming to Texas grocery stores.” Abbott was referring to the decision by H-E-B to put cryptocurrency kiosks in some Texas grocery stores. President of the Texas Blockchain Association Lee Brachter stated "Texas is poised to become the jurisdiction of choice for blockchain innovation for several reasons including; the business friendly climate that has been cultivated in Texas for many years, the efforts of our Texas Blockchain Council working alongside lawmakers like Representative Tan Parker and Senator Angela Paxton to create legal and regulatory frameworks that allow for entrepreneurs to innovate." Texas House Bills 1576 and 4474 officially took effect on Sept. 1 after being signed into law by Governor Greg Abbott in June of 2021. Texas House Bill 1576 establishes a working group on blockchain technology. HR 4474 was a bill that updated the Uniform Commercial Code to recognize cryptocurrency and becomes the latest state - along with Rhode Island and Wyoming - to do so. Meanwhile, the Commissioner of the Texas Department of Banking issued a letter authorizing all Texas state-chartered banks to custody cryptocurrency. Governor Abbott also appointed four new experts to the work group on blockchain matters. that includes a combination of professors from academic universities and Texas state officials. Texas has not slowed down in its ambitions either, as the Texas Blockchain Council, led by Lee Brachter, has rolled out the idea of a constitutional amendment that would allow the use of bitcoin to pay property taxes in Texas. According to a recent article in Forbes, Texas has witnesses unbelievable growth numbers so far this century. “From an annual GDP of a little over $998 billion in 2000, the Texas economy has surged by 70.6% in 20 years, to reach an annual GDP of just under $1.75 trillion by 2020,” the article states. With the GDP size currently making Texas the 9th or 10th largest economy in the world, there should not be any underestimation with respect to just how large Texas could grow with crypto.

DR0lvCS876OJ4YOv

Bitcoin doesn't need to. Layer 2s can do that and use roll ups or whatever comes out later to combine many TX into one.

bharder

Some actual info. Link to the proposal. https://sam.gov/opp/3b7875d5236b47f6a77f64c19251af60/view?index=opp Read the PDF. (Pilot IRS Crypto RFP FINAL.pdf) Note it's inactive, and specifically targeted transactions from 2020. > All solutions must support cryptocurrency transactions that occurred in 2020. Also note its not specifically for Monero. > The primary goals of this solution challenge are: 1) Provide information and technical capabilities for CI Special Agents to trace transaction inputs and outputs to a specific user and differentiate them from mixins/multisig actors for Monero and/or Lightning Layer 2 cryptocurrency transactions with minimal involvement of external vendors 2) Provide technology which, given information about specific parties and/or transactions in the Monero and/or Lightning networks, allows Special Agents to predict statistical likelihoods of other transaction inputs, outputs, metadata, and public identifiers with minimal involvement of external vendors 3) Provide algorithms and source code to allow CI to further develop, modify, and integrate these capabilities with internal code and systems with minimal costs, licensing issues, or dependency on external vendors Note that two contracts were awarded. > Contractor Awardees: > Contract No. 2032H8-20-C-00040 Integra FEC LLC 401 Red Bud TR West Lake Hills, TX 78746-3625 > Contract No. 2032H8-20-C-00041 Chainalysis Inc. 11 E 26th Street Floor 10 New York, NY 10010-1402

Dash775

Yeah especially when TX gov is busy investigating CeFi/DeFi on how they can profit best, sorry I mean regulate

samuraiscooby

Ah if that’s the case I hope TX becomes a Bitcoin tax safe haven

wakejedi

Yes, because women everywhere get pregnant on purpose just to have an abortion. Its pretty black and white in TX IMO

aregus

Or you can get a gridplus wallet and use whatever PC you want. Gridplus doesn’t connect to your PC, instead is always online so when you send a TX this one is triggered. All TXs are signed locally in a separate computer inside your grid which is running on Linux. A bit expensive vs standard HW but is a better solution for not tech-savvy people.

samuraiscooby

Listen I live In TX , these guys just want money . That’s it , they don’t care about anything else

plast1K

Lmao this again? Just like all the Chinese miners flocked to TX like y’all said they would? Lol.

drakydrake

They can sell cash, gold, silver or anything for crypto with complete privacy. And listing fee is just cents and no sales tax. PARTICL uses RingCT so all the transactiins are private. Only the buyer and the seller will know about the TX.

Merallak

TX for the FUD, made 10% more last night Now w8ting to buy asa the rest of weak hands read this

Razhier

I know, I was referring to Bitcoin's base layer transactions. Right now there is an average of ~3000 max on-chain TX per block. That means about 13M max TX per month, or 156M TX per year. Assume global adoption, and about 7B Bitcoin users. In that case, there would be an average of 1 on-chain transaction per person every **45 years**. Yes, most of our transactions would occur in L2/L3 solutions, such as the Lightning Network. But people tend to ignore how much valuable an on-chain transaction would be in the case of Bitcoin's global adoption.

lololollololol

Unfortunately no. I'm someone that bets on innovation though but can say at this time I had no idea what bitcoin was. I was working in TX in the O&G industry, only later did I get into tech.

jameswilson7208

We must have different versions. Under Wallet all I have is Send Bitcoin and Deposit Bitcoin. No options or settings. By on chain TX did you mean you can send/receive BTC? That's always been available for my version.

eserge_

Yes, I understand. The Bitcoin Core is downloaded from [bitcoin.org](https://bitcoin.org). i just replaced the old wallet.dat file with my old one and is showed the incoming transactions, but no outgoing transactions, see here: [https://imgshare.io/image/schermafbeelding-2021-10-01-om-175213.pDHwFP](https://imgshare.io/image/schermafbeelding-2021-10-01-om-175213.pDHwFP) The wallet is fully synced. Pretty weird, there is a TX ID showing + the address. After checking them the blockchain explorer tells me there is transaction

jameswilson7208

Huh? What do you mean on chain TX? What setting in CashApp? I don't see any BTC setting options.

jameswilson7208

CashApp allows TX in and out. You don't get access to the key but it's closer to a wallet than PP. Actually I haven't tried to transfer out but it prompts for a receive address when you select send BTC so I assume it works.

Wacktool

No but they can make it very difficult. Ask the folks in NY and TX

sometimesiamjustabox

Anyone wanna see cradle of filth in DALLAS TX with me tomorrow.

CBScott7

So as everyone knows by now. ETH transactions on the blockchain can be expensive. And after EIP-1559 (London Update) there's now a flat fee to send ETH. Because of this, mining pools were no longer able to eat the TX cost to pay miners their earnings. My ETH mining pool, Ethermine, implemented a level 2 solution using polygon (matic mainnet) to disperse miners earnings as Wrapped ETH at no cost to miners. Now I receive all my mining profits in my Metamask wallet.

Technopulse

I really do think it's going to be good in the future, though, I've encountered some other users saying it's a dead project or that the competition it has is better, and other that speed and low fees are not enough reasons for a coin to be good, there has to be more to it because there are quite a few alternatives with high TX speed and negligible fees.

AnonymousPuddingSoup

Good point, but if I specifically need to do a transaction in ETH, which I do, I still have to pay fees regardless. I'm aware of polygon and I use it as a miner because I don't have to pay TX fees to get paid, but polygon doesn't have the same adoption as ETH and in my case, I get paid in WETH in the polygon chain but again, if I need to convert it into ETH, which I do, I still have to pay TX fees, although it's much cheaper than getting paid in ETH and paying fees everytime I reach my payout threshold.

TheBobFisher

What's the biggest mistake you've made or have seen someone else make in the crypto industry? I witnessed a friend pay more in TX fees than the amount of ETH he was sending.

missy757

I use Crypto.com because I can’t use Celsius (live in TX). APR is great, just make sure you’re ok locking it up for 90 days.

Vlazmanian_Devil

Hello all, I tried for the first to add a new liquidity position for usdc/eth on uniswap. I see that the TX fee has been removed from my wallet, and I can see the transaction in metamask. However, I'm not seeing anything under "positions" on uniswap. Is there a delay before I see my position? It looks like the transaction was approved on etherscan, and I'm not sure where else to look. Thanks for any help!

eserge_

Many thanks for your detailed reply. How can I find out if I spend these BTC's? As I cannot find any other TX's in my Bitcoin Core wallet.

bitgao

aaand they compare on-chain TX to visa: "The report highlighted bitcoin’s scalability problems, highlighting the 2020 analysis, which suggests that bitcoin can process, on average, five transactions per second – which is 4,800 times less than the capacity of the Visa network."

VulfSki

No where did he concede the election. He literally just asked TX to audit their 2020 results this week for some reason.

Bison-indatent

The difference is the quality of the project. Nexus is built completely from the ground up, no copy&paste. It has feeless transactions (1 feeless TX every 10 seconds), already achieves 1k tps onchain (layer 1) without sacrificing security or decentralization, and is the most quantum resistant blockchain. As well as the most user friendly, you login with username, password and pin. No wallet.dat or long seed. The technology enabling that is named "Signature Chains". You can't accidentally send coins to a non-existing address, they will be sent back to you if the receiver doesn't log into the wallet for a specified amount of time.

SkullRunner

Do you have any ideal how many miners and pools make their earnings off of crypto noobs that do not understand gas fees at all and spend more on the TX then they do on the transfer? I don't see people in the community assuming that should be given back when it's an honest oops... or thinking that the person will come looking for the miner that got the block at random for retribution. The point I was making was that the miner did nothing intentional in all of this... people are implying he was in possession of stolen property, would be legally compelled to give it back, would have a hit put out on them etc. Bullshit... Someone screwed up a gas fee, just like thousands of people do a minute... but they did it from an account where the stakes were much higher than the average screw up... if that block had went to a pool, not an individual miner... I think this might have turned out very differently.

giddyup281

>Not worth it if you're known in the community for being "that guy" who held onto the \*clearly\* mistaken TX fee, Meh, I never cared for the community THAT much tbh :)

MaintenanceGold6992

Yes, absolutely: * Not worth the headache reporting the income (even though it's unrealized if you just HODL), * Not worth it if you're known in the community for being "that guy" who held onto the \*clearly\* mistakemn TX fee, * Nevermind the ethical side. I'd be bending over backwards to contact the sender as soon as I possibly could.

Ghant_

If you have a TX ID you will not see the amount transfered an there will be tons of decoy addresses. And none of those addresses will be any that were involved in the transfer. The address on the black chain has a decoy address it uses and sends to your wallet address instead. Having a txid basically is just to check the confirmations.

4thekung

This TX was in the mempool, so it wasn't an offline tx. Seems like a legitimate error.

Jacked_1

I disagree - Basing global adoption on a limitation of the UX of Lightning isn't the correct way to go about it - And here's why. Just like HTTP proved to be a better alternative than GOPHER, I think the same may happen to LN, and it's possible it gets done on-chain. I really like LN and what it's enabled (been a node operator for a good while now), and how it's allowed us to push user-adoption as well as general UX forward, but as you mention, it has it's limitations - However, again, justifying custodial wallets due to LN's shortcomings IS NOT the right way to go about it. Having read the whitepaper for Bitcoin IIDs, as an example, I can see the use-case of LN diminishing - **The fact that Bitcoin's problems and limitations(specifically TX time & fees for microTXing) are STILL being sought out to be resolved, DESPITE the fact that LN (and a couple others) have implemented ways to resolve these problems, is to me quite telling, and shows their own shortcomings are rather unwanted in the grand scheme of things - Because when you can't move money between borders instantly due to international bureaucracies, that's a outside our reach and control (as much as we might want better), but when you can program money to do what you want, even if it takes 10 years to get it to do what you want, the way you want it to, with little to no shortcomings, that's the Bitcoin way.** Bitcoin is a protocol, and over time it'll become like the TCP/IP suite (Internet). As much as Bitcoin has been an experiment over the last 12 years, LN is even more so. It's true LN has grown to a point where it's hard to think of LN losing a lot of its known liquidity, but it can absolutely happen is a better alternative is proposed and implemented, especially at this early stage. So, really, I think pushing custodial services on users is unnecessary through and through. At this point in time, even with LN hybrid wallets, there are non-custodial solutions out there that hit the spot for those users. In the future, custody will be the kind of thing you cringe at. **Trust-less programmable technology is quite the marvel of our time.**

SkyLegend1337

No shit. Go talk to Texas though if you are out of the loop here. Roe vs wade is real, as well as people fleeing TX to do something they have a federal protection for.

step11234

The results: To summarize the above, running the entire VeChainThor network for a whole year is equivalent to: **≈Only 2.4% for mining a single BTC** **≈Processing 4.3 BTC transactions (electricity consumption)** **≈Processing 51 Ethereum transactions (electricity consumption)** **≈99.96% greener than Cardano at only 0.000216 KWh of energy for each TX on VeChain.**

BlueNET-

So ADA is about to get bottlenecked with fees and slow TX ?? Wtf?!

ZioYuri78

Key week for ALGO, Algorand 3.0 is coming: - Launch of AVM 1.0 - Smart Contracts can directly execute TX on-chain - 16X increase in computation per account - More smart contract opcodes to improve composability

Pkellysports

Would love to help here in denton TX, large homeless population. I’d be willing to spread the word and find more folks to help. They’d love the initiative. DM me

Tvmouth

You think you are looking for a bigger exit, and they are all sealed, what you need is a smaller entrance, and you must pay the fee to know if it's real. 1. search for BTC ATM near you. 2. use [Klever.io](https://Klever.io) app to self custody, swap, Dex access, and stake with... uhh... *The Robot Overlords* directly. 3. Understand the difference between paying humans for access to services VS. triggering liquidity mechanisms in the universal global automated banking computer... and pay the 15% service fee + chain specific TX cost knowing that the Decentralized Robots are not capable of discrimination based on KYC, and "location" in digital space is "yes", so politics and geography do not exist. *^(Good morning.)*

San_Sani

You could always show tx logs with dates to prove you've held it. I'm only tracking on a spread sheet with date, time and monetary value of each transaction, but if push comes to shove they can feel free to dig through the TX history on the chains.

FordPrefect343

Im out of the loop Is cardano already congested How many TPs is it running now? How long for a TX to go through? Ive been saying from the start its gonna be fucked once it has a defi eco

msm0167

Yikes buddy, Swirlds is not Swiss. We are in Richardson TX...dm for a clarification chat?

msm0167

Yikes buddy, Swirlds is not Swiss. We are in Richardson TX...dm for a clarification chat?

Tony_Pajamas_k

Can anyone explain or provide usefull resources about what exactly is in a block in a blockchain. The more I read about it, the more I get confused For instance, can a block hold an image? Does it mean that if block 15 had an image, block 29374 will also contain that image? I know blocks hold hashes and TX records, but aside a string of letters and numbers, how is that used? Do you need ERP software to translate these hashes into concrete data? It states that miners mine a puzzle to get the block validated on the chain. That puzzle is different than the contents of the block?

DukeOfLimbs

This is just some dumbass speculating but I think people are gravitating to some of the other layer one protocol defi offerings due to TX fees. I’m personally not doing Jack shit on the Ethereum network with the way gas prices have been lately, I have a bunch of UNI on the hardware wallet and I guess that’s where it’s destined to stay because I’m not paying $50 to move the shit

Technopulse

Despite missing seeing some commas on the first paragraph, I wouldn't necessarily say it's a versus, just a coexistence between two coins with two focuses. However, with the new Taproot update to the BTC network, unlocking the potential for Smart Contracts, I can only wonder what that would mean to ETH Smart Contracts, if it's going to go untouched, unused or only going to take a hit from the users migrating to possible future BTC Smart Contract. I guess future will say. Also Taproot update brings greater TX efficiency and privacy.

ebliever

I use Nexo, no complaints. The one comment I'd make is that diversifying is always a good idea. If your ETH is only a small portion of your savings then sending it all to Nexo is reasonable. If it is a major part of your savings consider some of the other options people have mentioned. (Alas, gas/TX fees may limit how much you can split it up in this scenario.)

Ateam043

I think that’s more tied to over population than bad driving for the most part. Now on a rainy day…they all forget how to drive. Source: Me. Moved from CA to TX.

BootyPatrol1980

You have some good points mixed in with a whiff of Michael Saylor brand fartgas. * Saying Doge hasn't improved or had any work done to it is demonstrably false. * Saying it's a distraction is absurd because it's had the opposite effect. It's more than OK to bring up the points about TX and value, but please skip the leaflet propaganda about it's silliness in comparison to the other dull as toast cryptos.

_nformant

>The code is a fork of a fork of Litecoin done in 2013, and it hasnt improved sifnicantly since then This is wrong. We moved to AuxPoW, just have released 1.14.4, have 1.14.5 as next and also development on Bitcoins 0.21 code base. The github activity isn't also too bad compared to others - see [here](https://www.cryptomiso.com/#DOGE). Doge is also a huge support for scrypt coins like LTC. &#x200B; >Why do I attack DOGE? Because I think it's a distraction for Crypto and damage its credibility. This doesn't make sense. Doge is here to get people into crypto, to learn etc. If you have a problem with pump and dumps you can point that out with all the new shitcoins without blaming a very old currency around that was obviously rather a victim of the pump and dump than anything else. To see a decrease in usage is probably also connected with rising prices. Doge was best when the price was stable, because it should rather be used as currency and not as investment. Also the rising price was in conflict with the fix fee of 1 Doge per kb TX size. This was also adjusted with the version 1.14.4 (fee is now 0.01 Doges per kb). Adoption increased a lot, after plenty of shops that accept crypto added Dogecoin (coinbase commerce), etc.

ROFLQuad

This is the FUD I need to help lower the price! Doge TX rate just shows people are just buying and holding it instead of day-trading it. So many other coins are just being day-traded back and forth without any real value behind the volume of TXs. Otherwise, the Doge price should have dropped to under 1 cent months ago. Literally months ago. I like these posts, reminds me of 2014-2015. Almost verbatim. I took it as a cue to start buying back in then and I think I'll do the same now :)

stoicparallax

No. If they don’t tell you what you will be charged for or do not allow you to leave, that is theft. But when the rules of the game are clearly stated, it’s not theft. Why do you think so many people left CA for TX? Why do so many NYC retirees move to FL?

stonedparadise

The more CBDC's built on Stellar the easier it will make it for other counties to decide which blockchain to use. So many things going for Stellar and it's still under $1 1.Transaction Speed at 1000 "txs" per second with 100 stroop fees (0.00001) XLM could easily do 10K "txs" per second if all nodes were using "high end" servers. 5 sec or less transactions; No waiting for multiple confirmations. Transactions are Final. 2. Extremely Low Fees with Bump Fee option. Stellar's fees will always be low $0.000001/TX now, $0.001/TX if stellar reached $100, and $0.01/TX if it were to reach $1,000. 3. Highest Real Volume of all blockchains to date. (A record 39,435,952 TXs on 10 Jan \`21) 4. Built in Dex. You can trade directly from your wallet or ledger. No need to rely on Centralized Exchanges. 5.Ability for anyone to tokenise any asset. While this can be/is abused it is very important that stellar remains open to everyone for everyone. 6. Payment Paths Say you have USD and want Yen You can utilize payment paths to ensure you get the best value and not just the direct market rate. 7.Send Fiat/XLM/Asset back tokens like email with ability to send xlm like an email or sms message. E.g. Instead of using long blockchain address You can send xlm like User\*stellar org 8. Built in Anti-Fork; Stellar will not fork, the system will rather halt than fork. 9.Smart Contracts coming soon; Stellar is actively developing Turing complete contracts (like Eth) 10. Ability to follow AML/KYC laws and for tokens to require KYC on wallet. 11. 23/50 Billion total xlm in circulation already; Stellar burnt Half the supply permanently. 12. Fees are no longer re-distributed and inflation disabled making xlm deflationary. 13. Multiple big partners like IBM, Franklin Templeton, Bitbond, and more 14. Stellar is able to be built on in multiple languages 15. Sharia compliance certification 16.Asset Clawback Feature 17. Stellar transactions have finality 18. Stellar is supportive of the community as a whole consistently focusing on less fortunate 1.2. 19. SDF Stands up for the crypto community as they have repeatedly replied to government regulatory pushes 20. Association of Ukrainian Banks Admits SDF as Member 21. SDF is working on automated market makers for the Stellar DEX 22. SDF at the IMF-World Bank Annual Meetings 23. NFT's Available on Stellar 24. Mandated Release of Future Lumens 25. USDC Stable coin on Stellar with 12.7 Million currently issued and 20K trustlines. 26. Stellar is ISO 20022 compliant. 27. Stellar being used for Thailand to Europe remittance corridor 28. Chilean Anchor goes live with CLPX 29. Nigerian CBDC on Stellar Network 30. Singapore CBDC on Stellar Network 31. Ukraine CBDC development on Stellar