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@Alice_and_the_Wonderland
stacking since: #739549longest cowboy streak: 82
0 sats \ 1 reply \ @Alice_and_the_Wonderland 16 Jun \ on: Is BlackRock Abandoning BTC for ETH? Ignore the Noise, Follow the Signal. bitcoin
We need bitcoin, but bitcoin does not need us
@remindme in 2 hours
It was deposited, and then like any exchange you just set your purchase. As bitcoin was at $83500, I just pulled the trigger and bought it.
Looks like they're going for using ₿ as the denomination for sats.
the dumbest idea I've ever seen. Bitcoin is already widely recognized. Imagine if I called cents "dollars"—1 USD would be 100 dollars. It's just absurd.
Darkwire’s mesh network allows the data to “hop” from node to node until it reaches an internet-connected exit point.
At least one node in the network needs to be connected to the internet, so that the transaction can be pushed to the blockchain for miners to verify it,” cyber said.
it is not total internetless system
Cold WalletHardware Wallet
this is what I believe.
cold wallet can be anything as long as it signs transaction in airgapped state.
not the actual wallet when it comes to the Cold Wallet
Could you clarify what you mean by "actual wallet"?
the term
Cold refers to something that it never touches internet at all.
You create seed directly on the cold wallet(usually Cold Card or Jade like Hardware Wallet) and leave it as airgapped state.Hot refers something that it always connects to internet like your full node, which you can sign the txn and broadcast to the mempool right away.People usually store large sum on Cold wallet, but amount doesn't matter.
Checkout Darthcoin's 3 level stash guide
CRYSTALS-Dilithium for digital signatures
afaik, CRYSTALS-Dilithium signatures are significantly larger than those generated using secp256k1. I'm curious to see a comparison of their sizes.
For example:
- Instead of 0.00042 BTC, you’d see 42 bitcoin (under the new unit system).
I believe the example is incorrect. It should state that 0.00042 BTC is equivalent to 42,000 bitcoins under BIP-177, not 42 bitcoins as it only replaces base unit.
Anyway, this proposal is truly groundbreaking.
I found the US monetary system is also rather confusing, which inspired me to propose a similar initiative called
DIP-177. I encourage you to take a look at the proposal #987360.Here's brief excerpt:
Specification
- New Base Unit: What we currently call a "cent" will now be referred to as "dollar."
- Deprecated Terms: Terms like "cent," "penny," "nickel," "dime," and "quarter" will be phased out for everyday value references.
- USD Code: The currency code "USD" will continue to represent the aggregated value of one hundred of these new "dollars." So, 1 USD will equal 100 "dollars"
I believe Jack Dorsey's approach to this issue is so brilliant and excellent.