alpha23

I just updated to Knots 29.2 and now I’m getting this weird warning. I’m on Debian and my bitcoin.conf hasn’t changed. Everything seems fine, but I’m worried about leaking my info or someone connecting to my node. How…

A mining venture is all about electricity costs. Can you fund expansion? Are you in debt? Check your assets vs expenses and potential returns. If you’re going public, be careful about share dilution unless you have a…

Do you think Gisele Bundchen or Floyd Mayweather know anything about crypto? They probably just have teams pushing the latest trends. If they get burned, it's on them.

Just saw Christine Lagarde talking about CBDCs, and wow, it feels like the whole agenda to replace cash with a "digital euro" is gaining speed. What does that mean for Bitcoin? Definitely think it could push the price…

Multisig is a solid strategy, but why go for a 2-of-2 structure? If you lose or compromise a key, you could lose funds permanently.

Keeping your wallet online is risky, I really don’t get why anyone would do that. Storing the wallet in an encrypted volume with a killer password is actually safer, since you don’t have the password exposed while doing…

I’m running two setups for Bitcoin Core. One on my main laptop for syncing the blockchain, and another offline for my private keys. The offline one has no internet access and just helps me create.psbt files which I send…

Seems like mining stocks are still on a downward trend. Not too long ago, many of these tickers were valued 50% higher and BTC was lower. Are we just gonna see them keep diluting or will they actually start to rise like…

So I just noticed that some Bitcoin mining companies like IREN and CORZ are switching things up and turning their warehouses into HPC server farms for AI. Sounds interesting, right? Do you think this is a smart move?…

Anyone remember the transaction malleability issue before SegWit? This is a huge deal.

Sure, but remember, HD wallets expand a single key deterministically. If someone breaks that key, they access everything.

Maintaining old code is a nightmare for developers. No one wants to handle bugs from an outdated database.

I didn’t say old wallets are perfect. But it’s an option; no one’s forcing you into anything. If you really hate it, build your own wallet.

You’re mixing things up. There’s a clear difference. If someone compromises a legacy wallet.dat, they get everything. With an HD wallet, it’s just one key. Even if your xpub leaks, if you’re using hardened derivation,…

The legacy format has its own set of problems that seem bigger than any downsides of the new format.

It’s clear why new wallet.dat is better: descriptors come with cool features like PSBT, easy watch-only wallets, plus no backups needed since you get new addresses automatically. But where's the proof that these new…

Yeah, if it’s a wallet.dat file, then you’ll probably need Bitcoin Core to restore it. I just mentioned something similar in another thread. You might find useful info there.

Risky but interesting thought... what if miners just run everything on BTC? Some would probably love to be paid in Bitcoin, especially in a bull run. But can you imagine trying to pay the power company in BTC?

Should mining companies be all about stacking Bitcoin for show, or just focus on maxing out their mining output and sell whatever they get? Like, is it better to hodl BTC to show confidence in it or just cash out…

Wait, what? That sounds super confusing. How can it be encrypted if there’s no password? I mean, encryption usually means you need something to get back in, right? At least that’s how I thought it worked.