Bitcoin Reddit

More / Bitcoin Reddit - 2 years ago

Local Bitcoiners

With localbitcoin down, where can one find like-minded people? I'm in the Indianapolis area and just looking to buy some bitcoin in cash from locals. Thanks for any info! submitted by /u/dustybooty [link] [comments]

More / Bitcoin Reddit - 2 years ago

One about Mining, Proof-of-Work and difficulty.

Mining and Proof-of-Work Mining refers to the process of aggregating, verifying and recording transactions into the blockchain, without relying on a central coordinator, through use of Proof-of-Work, which is achieved by including a specific (valid)...

More / Bitcoin Reddit - 2 years ago

Retired now with 12 BTC?

Would you consider feasible a permanent retirement with 12 BTC starting now? The rationale: Spending (no yield) as purchasing value increases. For 70 years max. Expenses equaling $70k / year or more in today’s purchasing value. Expenses per year:...

More / Bitcoin Reddit - 2 years ago

One about nodes and emergent consensus

Nodes and emergent consensus How is it achieved that every participant in the network can trust that the bitcoin he owns is actually owned solely by him, and not multiple people at once ? How do we know who owns what, and why can we trust what we’re...

More / Bitcoin Reddit - 2 years ago

Benefits of Cantillon Effect?

It allows a society to be more dynamic. It allows a small group of cunning men to make other larger group do their bidding. It can temporarily outcompete a society which bans usury. submitted by /u/artificialbeautyy [link] [com...

More / Bitcoin Reddit - 2 years ago

Saving signed transactions for later broadcast

Imagine a scenario where you have 3 wallets. Two wallets are cold, the other one is hot and is for everyday use. "Cold wallet A" is for hodl and has 10BTC. I send 1BTC to Cold Wallet A from Hot Wallet A, I check that the transaction succe...

More / Bitcoin Reddit - 2 years ago

Proof of transaction

hello there, id like to know if there is an option for someone who sends the btc to proof that its actually from him? example: youre the receiver and received btc from 5 different people, how do these people proof which one of the transaction belongs...