
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the…
It took a whole year of spending almost all the free money I earned, but I finally made it to my target amount. Remind me to check on it in 10 years.30 votes and 32 comments so far on Reddit
I am looking to take my BTC off the exchange, but I do not want to buy a hardware wallet because: It is expensive (I do not have a lot of BTC yet, so I do not think that it is worth it dependent on - well hardware, which could break or get lost I would rather have my BTC secured by a key that I can store in a…

Hi Everyone, Im Luke the CEO for OwlsOil.com We are a hemp product manufacturer in southern Oregon, USA. After being with Bank of America for 2 years they have made the decision to close the account. We went through all the official hemp banking procedures with the bank and its incredibly frustrating for a business to deal with these issues. Im very familiar with crypto and was around during the…
I have read how to send bitcoin without access to the internet. For example, via an SMS service provider or via radio. How does it work? How can I set this up? How can you prepare for it? My main question is: How can a "radio" recognize the private keys and spend the bitcoin? Is an SMS service provider centralized? Or is it just a node to connect to? Let‘s…
I'm relatively new at investing in crypto assets, although I'm an engineer and have known about bitcoin almost since its beginnings. I came into a windfall recently and decided to put a large amount into bitcoin as a hedge for the next 5 or 10 years. Being ignorant of exchanges, I decided to "test" three exchanges and see which ones offered the best fees and service. I'll skip the comprehensive…
I had a crazy idea yesterday. I was poking around r/buttcoin yesterday and someone asked if Bitcoin worked without electricity or internet. Of course I responded by asking if their debit card worked without those things. But it got me thinking on possible L2 solution for making sats into physical bills. The L2 would require trust of course, just like lightning. But what if you were to create a company…
https://www.stacksatz.com/ Core Scientific selling off- any thoughts?6 votes and 3 comments so far on Reddit
For those unaware, podcaster Peter McCormack bought a football club in his hometown of Bedford with lofty goals of reaching the premier league. Starting in tier 10, that's obviously a stretch but he operates the team on the bitcoin standard, publishes the club financials for transparency and streams each game online. For those that are up for cheering along, they've recently opened up a new subreddit https://www.reddit.com/r/realbedfordfc/0 votes and 0…
I have a multi sig setup with Casa and my seed phrase is 24 words. I was wondering, Is there anyway that I can change to 12? Also I had a question, my seed phrase allows transactions to be signed from my wallet so how does my Ledger link up to this? If I lose my ledger but still have my phrase, I can access my address - I just…
I saw many article saying blockchain increase security of IOT, but if we store data in blockchain can the whole world see the data right? then how is it safe? If others can see what's happening in my house what's the logic of saying blockchain add another security layer for IOT6 votes and 6 comments so far on Reddit

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the…

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the…
0 votes and 7 comments so far on Reddit

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the…

I’m very excited to see that their idea is to go with a multi-sig setup. Their plan is to give you a bitcoin wallet ruled by 3 keys, but only 2 of 3 need to sign a transaction in order to broadcast it. One key will live in the app, another key will live in the actual hardware wallet you buy from them, while a third will be held in…
57 votes and 8 comments so far on Reddit

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the…

This is too fun... my guy thinks this bill is going to start taxing BTC over $50 My dude, everything was a taxable event before; this bill makes you tax EXEMPT for purchases under $50 with BTC 😂 It's a giant catalyst for BTC, if anything. Stay informed yall. Don't be like Buttcoin33 votes and 21 comments so far on Reddit

Over the years, we have seen various trends in fashion, food, and other areas, but Cryptocurrency has its own set of directions/hype. As Cryptocurrency is slowly being mass adopted, new markets emerge within the crypto industry. When this became a thing, it gained popularity in the mainstream media thanks to the bull market. If we had the current market back then, I doubt they would be known or will garner…
I've been looking into staking stablecoins on an exchange as an option for what to do with my money. There are seemingly hundreds of options with rates from like 6% all the way to crazy stuff like 40%. All of these options are obviously far higher than what a traditional bank savings type account would offer. So it seems like kind of a no brainer. Here is the thing that…
Sharding (which will eventually be introduced by mid-2023) will not change throughput for Layer 1. It will however dramatically pump throughput for Layer 2 and beyond. This throughput will increase anywhere from 10k to 100k depending on the type of Layer 2 and the technological advancement of said Layer 2. Initially, Vitalik and the rest of Ethereum’s development team did indeed plan on lowering gas fees on the Ethereum blockchain…
0 votes and 0 comments so far on Reddit

This project is for the builders, the creators, and those who know what is so desperately needed. If you are interested in keeping Web3 decentralized and ensuring royalties are paid to whom they are due, then get involved! The kirin Metaverse is an open source environment that is the future of Blockchain Gaming built on Ethereum. Just as the Beacon Chain became The Merge which will revolutionize the Ethereum Blockchain,…
Hi, I'm a developer and I'm just looking inside Ether programming. Well to create a small contract is not so difficult, bytheway what I don't understand is the meaning and their use? What is useful for? I mean other than NTFT or similar things... I don't really understand the use. Sorry for the newbie stupid question. thanks0 votes and 2 comments so far on Reddit
I just learned about slashing penalties and it makes me hesitant to stake my eth once the merge happens. Am i right to be worried?0 votes and 2 comments so far on Reddit
0 votes and 0 comments so far on Reddit

The final test of Ethereum's decentralization will be how validators respond to Americentric OFAC censorship at the block production layer, coupled with Americentric OFAC stablecoins choosing a censoring fork Very real risk here, and probably the final test before ossification @0xfoobarIn a world comprised of 195 countries, there will *always* be conflicts between national laws. Compliance everywhere is impossible Blockchains are supra-sovereign entities with their own laws (state transition rules)…

I've read ~50+ whitepapers and articles for the Ethereum Audible podcast and yet this is probably the most important one. Coincenter released an in depth analysis on the legality of the OFAC sanctions. TL:DR They overstepped their bounds. You can read the full article here: https://www.coincenter.org/analysis-what-is-and-what-is-not-a-sanctionable-entity-in-the-tornado-cash-case/ Listen to the full read through: https://open.spotify.com/episode/3tC2UWKQrpyw3SdNpcMjef?si=ru3nYpvdTquU92m9fMumBg0 votes and 0 comments so far on Reddit

Welcome to the Weekly Discussion. Please read the disclaimer, guidelines, and rules before participating. Rules: All sub rules apply in this thread. Discussion topics must be related to Ethereum. Behave with civility and politeness. Do not use offensive, racist or homophobic language. Comments will be sorted by newest first. Useful Links: Ethereum.org ETHMerge.com Reminder r/ethereum is a community for discussing the technology, news, applications and community of Ethereum. Discussion of…
Most DeFi code is open source. That means you or I can take it, change it a little, leverage the work of others (which is half the point of FOSS) and make cool things. The DAI contract code and MakerDAO code is really cool, and can be used to create a collateralized asset pegged to anything. You can peg to any currency you want, you can peg to any asset…
I made a transfer of eth from my Coinbase account to Bybit exchange. After it did not post within an hour, I contacted Bybit support and they informed me that: "Using your account’s ETH wallet address, a quick check on Etherscan determined that your ETH coin was transferred using Smart Contracts. Please note that Smart Contracts transfers are not automatically processed on Bybit and our system only automatically credits ETH Direct Transfers…
0 votes and 2 comments so far on Reddit

I was reading Lyn Alden's pretty long take on the Lightning Network for the Ethereum Audible podcast and was wondering why Ethereum doesn't have a similar system. Alden's main point is that a medium of exchange can only be built on top of a store of value like Bitcoin (or Ethereum although she doesn't mention PoS chains at all in the article). Article: https://www.swanbitcoin.com/a-look-at-the-lightning-network/ Here's a podcast read through of…
736 votes and 135 comments so far on Reddit
Before we understand what the merge really is we first have to understand the difference between PoW and PoS and how Ethereum will transfer from the former to the latter.I’m assuming that the vast majority of users here understand this so you can skip this part if you want. As of the writing of this post, Ethereum currently runs on PoW (proof of work). The main goal of the merge…
I deeply disagree with the actions taken by OFAC. Nonetheless, I want to understand why the govt attacked Tornado specifically, while leaving other privacy protocols untouched. The statements and actions by the US govt actually make it quite clear why these Eth addresses were sanctioned and placed on the OFAC list ... Tornado Cash is an Eth address where people input personal funds to a shared common pool. Ultimately, they…
I have a fair amount of W.ETH on the AVAX chain. Is there any reason to think that bridges tokens' value may be effected by the merge? I'm worried about the PoS ETH and PoW ETH being able to cross the bridges and doubling the ETH supply. Is this something I should be concerned about? Should I move all ETH tokens to the ETH chain to make sure I don't…
Since TC is not working anymore through some decent UI, is there any other service which is reputable?0 votes and 6 comments so far on Reddit
Are there any examples of when Proof of Stake has ever failed in terms of Fault Tolerance security on any blockchains (outside of bugs)? Liveness has failed before, but I can't recall a single instance of Fault Tolerance/security failing. There are many examples of when Proof of Work has failed against 51% attacks and had reorgs. Has this ever happened to any Proof of Stake network?0 votes and 0 comments…
0 votes and 0 comments so far on Reddit

Welcome to the Weekly Discussion. Please read the disclaimer, guidelines, and rules before participating. Rules: All sub rules apply in this thread. Discussion topics must be related to Ethereum. Behave with civility and politeness. Do not use offensive, racist or homophobic language. Comments will be sorted by newest first. Useful Links: Ethereum.org ETHMerge.com Reminder r/ethereum is a community for discussing the technology, news, applications and community of Ethereum. Discussion of…
7 votes and 2 comments so far on Reddit

The Goerli network (one of Ethereum’s most popular testnets for web3 developers) is planning to activate a two-step merge process in the next couple of days. Goerli testnet, being the last Ethereum testing network to merge, may showcase what ETH users could expect this September, when the final transition to PoS occurs. Goerli Ethereum testnet transition is the last try-out before the big day0 votes and 0 comments so far…
We have an important announcement to make. As revealed the previous Friday, it appears that Chun Wang's F2Pool (which owns 15% of PoW directly and 30% of PoS indirectly) is actively attacking Ethereum by exploiting a flaw in the difficulty adjustment algorithm that allows them to steal the rewards from honest miners. F2Pool is doing this by making affected miners prioritize their own blocks over other miner blocks, making F2Pool…
0 votes and 6 comments so far on Reddit
There's no doubt that the Ethereum blockchain, which is one of the world's leading decentralized open-source networks, has major scalability challenges. And with the recent developments, it seems like the best answer to those issues would be the Ethereum Merge. Though if you ask for my thoughts, I honestly don’t think this will be enough to fix all their problems. But in a way, I can feel that it will…
With the recent turnout of events leading to banning tornado cash repositories on Github. Its time to move to a decentralized alternative to Github and free the opensource technology. We are building Gitopia, a next-generation Decentralized collaboration platform fueled by a decentralized network and interactive token economy that addresses the above-mentioned concerns and limitations of existing platforms. Gitopia stores git repositories on a blockchain network that is highly accessible, censorship-resistant,…
GitHub has suspended Tornado Cash Founder Roman Semenov's account. Semenov took to his Twitter handle saying “Is writing an open source code illegal now?”357 votes and 180 comments so far on Reddit