Questions tagged [currencies]
something that is not directly useful (like a commodity) but which can be used as a medium of exchange or a store of value. Essentially, money.
299
questions
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30 views
I want to make a new Cryptocurrency from scratch but i have 0 (ZERO) Knowledge about coding, WHERE do i start? [closed]
I used to code when i was 14 and i was good at it but it was all copmletely basic that i did on my own, but then due to health reasons i gave up on it as my eyesight kept deteriorating.
I want to make ...
-1
votes
1answer
30 views
What is the Crypto in Metaverse
When I read about the Metaverse in today's crypto space, I think of Second Life and my understanding is that Metaverse as used in today's crypto space is basically Second Life with VR but this looks ...
1
vote
1answer
87 views
Why would anyone pay with Bitcoin?
A lot of people are committed to building Bitcoin network to be a better payment network.
However, why would anyone spend it if it is a store of value and the price is quickly going up, which make it ...
1
vote
0answers
57 views
Can I receive different cryptocurrencies on the same public key? [closed]
The main question I have is:
Can I receive different cryptocurrencies on a same public key?
For example: I instruct the person A to send me BTC on a public key X. I also instruct the person B to send ...
1
vote
2answers
47 views
What would happen to Bitcoin if GPS/Galileo timing ceased to be available?
According to this web site, the timing from a system like GPS is essential to "financial networks [which] rely on precision timing for synchronization and operational efficiency." Is the ...
2
votes
2answers
89 views
Traced stolen crypto to exchange. Any way to get it back?
A week my BTC was stolen (very likely some form of trojan/keylogger as I stupidly kept the keys on a computer which connects to the internet). After getting over the initial shock, I looked into the ...
0
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0answers
25 views
How can i list all transcation of bitcoin using API.. I need all transcations and current transactions of coin( e.g bitcoin) [duplicate]
How can i list all transaction of bitcoin using API.. I need all transactions and current transactions of coin( e.g bitcoin)
I need APIs that can give me all transaction related data of particular ...
0
votes
1answer
69 views
How transaction happen in blockchain?
Suppose there is a cryptocurrency with a chain of 5 blocks. When users trading with this cryptocurrency, then:-
how the buy and sell will be going to happen i.e. Which block will make the transaction ...
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0answers
16 views
Why exchanges show Bitcoin price higher than actual value? [duplicate]
I trade crypto on indian platform WazirX and CoinSwitch. Both are currently showing price of 1 Bitcoin to be 44,78,353 Indian Rupees ($ 60,605.51) while the price shown on google as well as Binance ...
1
vote
2answers
300 views
What is an «open Ponzi scheme»?
I recently read that Nassim N. Taleb thinks that Bitcoin is an open Ponzi scheme. An influental and intelligent person like him surely doesn't say something without thinking about it first. Therefore ...
2
votes
1answer
74 views
Mining Bitcoin heats up my Computer. why?
I am Trying to mining bit coins from last 1 year. but every time i turn on the mining it slows down my computer and heat it up very badly that it eventually stops working some times.
How To get rid of ...
1
vote
2answers
829 views
Is it possible to track stolen Bitcoin after exchange
I don't know if someone can help me but I found out someone has stolen several times some crypto of me, mostly bitcoins. He had access to my computer and my phone to do the Google Authenticator ...
0
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0answers
8 views
Is cryptofree.casa genuine plateform to earn free BTC [duplicate]
As O recently login to Cryptofree.casa website, someone told me that after once it reach to 0.2 BTC then I can withdraw my wallet BTC
so is it correct information??
0
votes
0answers
38 views
Question about the efficacy and safety of Privacy Cryptos like XMR, Zcash, etc
new here and haven't found an answer to this conceptual question:
Crypto is said to have solved the coordination problem through rewards and punishment (honest users are rewarded; dishonest users are ...
0
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0answers
36 views
basics of cryptocurrency [duplicate]
I recently became interested in cryptocurrency and its mining process but there are a few things I don't understand very well and I am still trying to learn the basics more before getting into trading ...
0
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0answers
58 views
Comparing "health" of Cryptocurrencies
I am new to cryptocurrencies, and I would like to explore how an analyst might compare the "health" of two coins, for example, Bitcoin v. an altcoin.
For a company that issues stocks, ...
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votes
1answer
62 views
Where do you buy Dogecoin from? [closed]
Interested in putting 10$ on a few random coins of the more popular variety, just for the fun of it.
Never had any connection to crypto, so absolutely no idea how this works.
Where can I go, create an ...
0
votes
2answers
107 views
How Does Bitcoin network prevent from the same transaction being included multiple time in a block
Assuming that there is multiple miners in the network that have access to the same transactions that were submitted by users. How does Bitcoin network prevent from accidentally including the same ...
0
votes
1answer
1k views
I have forgotten my Blockchain account password and 12 word recovery. I have the wallet id and password to the wallet. Can i get my funds back?
I have forgotten my Blockchain bitcoin account password and 12 word recovery(possibly didn't even create one). However I do have my wallet id and the password to the wallet. Is there a way to get the ...
0
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0answers
121 views
How to recover Exodus wallet from a google back up
I had to factory reset my phone because it was hacked. In my panic I forgot to retrieve and note down the copy of my Exodus 12 word secret recovery code. When I redownloaded my exodus app, I thought ...
0
votes
1answer
387 views
If only one Bitcoin miner gets the block reward, is it worth mining only for the transaction fees as a (not-so-competitive) solo miner?
I have heard (but not that knowledgeable) about mining-pools. If a weak system joins the pool, it has a chance to get a portion of the block reward, but I assume that not all of the miners are joined ...
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votes
2answers
782 views
How to you recover a stolen bitcoin lost to an investment scam?
I once lost my bitcoin to an investment platform and it took a while before I managed to get my bitcoin back. My question is I want to know how many people have lost their bitcoin and how do you ...
0
votes
1answer
29 views
Does cryptocurrency ETF use block-chain technology?
As you know, one of these days trends is cryptocurrency ETFs that the CES doesn't approve it yet. But there are some questions about them and their functioning. Is it necessary to build them over ...
1
vote
1answer
29 views
Can you have a cryptocurrency with a single source of truth?
Can you have a cryptocurrency that's based on TRUST? (how dare I use this dirty word haha)
Everyone who participates in the system agrees to trust this 1 party only, because they find them trustworthy....
0
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0answers
99 views
My unconfirmed BTC transaction on blockchain just disappeared [duplicate]
I had an unconfirmed BTC transaction on blockchain.com for about 2 days plus and now I log in and there's no transaction again. I checked blockchain.info using the hash; all wiped nothing is showing, ...
5
votes
3answers
2k views
Beginner's question: Why must proof-of-work be useless?
I wonder why the proof-of-work under no circumstances may be usable. The argument I understand is: If the proof-of-work could be used, its results could be sold, and doing the proof-of-work would cost ...
0
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0answers
49 views
Electrum & BitAddress Wallets Creation
Can anyone please tell me if my procedure is correct and enough.
I've always heard and read that I must disconnect from the internet when creating Electrum Wallets, to keep away from hacks, viruses, ...
1
vote
0answers
156 views
How are the prefixes for EXT_PUBLIC_KEY and EXT_PRIVATE_KEY derived?
I want to know how the prefixes for EXT_PUBLIC_KEY and EXT_PRIVATE_KEY are derived. For example in bitcoin you have:
base58Prefixes[PUBKEY_ADDRESS] = std::vector<unsigned char>(1,0);
...
3
votes
1answer
91 views
How is a USD-chained currency like Tether economically possible?
(I'll try my best to keep it relevant to Bitcoin, but feel free to close it if it seems inapplicable to Bitcoin trading. It's more about economics)
Say there's a currency whose supply is controlled (...
2
votes
2answers
104 views
Who is the target audience?
I can not stop asking myself the question, what problem does bitcoin actually solve? Before you accuse me of being lazy and not doing any research, here is my thought process:
You want to have a
...
1
vote
2answers
54 views
Crypto currencies and internet dependence [closed]
Ive a problem with the concept of crypto in one aspect. What about "cyber safety"? Given that there will be more online malicious activity in the future, isnt cryptos dependence on the internet a ...
1
vote
1answer
64 views
What happens to bitcoins that are in a ponzi scheme wallet? [closed]
I bought bitcoins that are stored in Cloud Token wallet. I found out later on that this crypto currency was part of a Ponzi scheme (shame on me). Currently I've had difficulty withdrawing my coins, ...
0
votes
2answers
153 views
What benefits does Bitcoin have that other cryptocurrencies do not?
I have heard several times Bitcoin being called "the king of crypto." It makes sense when you look at how the coin surpasses all the altcoins in terms of market capitalization and trading volume. No ...
0
votes
1answer
54 views
Working of crypto currency swaping (Exchanging) in Crypto exchange
I am new in crypto. I know something about cryto currency and its working. I am curiosity about the working of Crypto exchange like binance,coinbase...etc... My doubts is
Some exchanges provide the ...
1
vote
1answer
81 views
How does Bitcoin protect against inflation?
In an economy where the prices of goods keep inflating, like a car going from $10,000 to $20,000 in 1 year, what would be the incentive for people to put their money in Bitcoin? Wouldn't the price of ...
3
votes
1answer
157 views
What's the consensus on using a non-networked VM as a cold wallet/airgapped computer?
I'm wondering if connecting a hardware wallet like a Ledger Nano S to the Ledger Live desktop app running on a computer that's connected to the internet not considered a 'fully cold' wallet setup. How ...
0
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0answers
68 views
transfer cryptocurrency with api
I need a wallet that have api for currency transfer like block.io api. But because block.io only supports 3 currencies, it is not suitable for my project
There is another wallet for my work? (Only ...
0
votes
1answer
504 views
how to place a bitforex api buy order
I have read the documentation for BitForex on placing a buy order here:
https://github.com/bitforexapi/API_Doc_en/wiki/Order
Then after understanding that, I read the API Call Description ...
0
votes
3answers
12k views
Address not valid when withdrawing money from Binance
I want to withdraw the Vibrate crypto from binance. When I enter the BTC wallet address which I took from my account from coinbase, binance says invalid address. Am I missing something here?
0
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1answer
32 views
How to create a cryptocurrency backed by an asset (say a fiat currency or physical commodity) [closed]
I want to create a cryptocurrency for use between myself and a collection of friends (as a proof of concept).
Assuming that I want to peg my cryptocurrency to (say) the Chinese Renminbi and the price ...
1
vote
1answer
49 views
Is there any "permissionless" blockchain "without a native coin"?
We may certainly say that a "permissioned" blockchain cannot have a native coin (or cryptocurreny) since in permissioned blockchain we need a permission to be eligible to participate for transactions ...
0
votes
1answer
26 views
How do I pick the right cryptocurrency without becoming an expert in cryptocurrencies? [closed]
I live in a country where a certain national currency is used as legal tender. I do not understand how the local money works (e.g. how the national money supply is increased), nevertheless I can ...
0
votes
1answer
77 views
Reports of Cryptocurrency Exchanges faking volume trade data. Where can one find this report?
In 2018 December there was a research report on cryptocurrency exchanges faking volume trade data. Where can one find this report on these exchanges? Supposedly the only 2 exchanges that had real ...
0
votes
2answers
281 views
How does the full lifecycle of a cryptocurrency trading look like? [closed]
I am new into cryptocurrencies and I am wondering how to trade them. By trading cryptocurrencies I mean:
Transfer fiat currency (ie. USD) from my bank account into some account that enables buying ...
0
votes
2answers
50 views
How bitcoin gets monetary value [duplicate]
This looks like a complex thing but I am trying hard to understand it. Why would any one in the world honor a crypto currency till it is backed by a government with monetary value? How does a crypto ...
2
votes
1answer
136 views
Using CryptoCurrencies as a transfer method throughout Australia and Europe
I have read both this questions:
Can I easily use Bitcoin as a inexpensive way to transfer my money into another currency?
Does it make sense to use BitCoin to transfer money to yourself ...
-1
votes
1answer
77 views
proof of stake concept and implementation confusion
i'm currently studying proof of stake concept in cryptocurrency in preparation of building it soon, but i still have some doubts about my understanding of the concept itself, and i have a lot of ...
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0answers
268 views
Idioms of use/ bitcoin heuristic
I already know the answer of a) part which is Alice. Can anybody help me in finding answer of b) part.
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3answers
446 views
Should I run crypto node for my trading platform?
I wanted to create a cryptocurrency trading platform where people can deposit cryptocurrency and trade them with other altcoins and finally withdraw it.
Tell me do I need to run full crypto node to ...
2
votes
3answers
80 views
Could bitcoin/blockchain be used to create a secure non-3rd party escrow?
I'm wondering if there could be a block chain approach to selling goods and putting money in an escrow-like state until the goods are received.
I'm envisioning the following scenario.
1) Buyer puts ...
