6
votes
Accepted
Is there a reason big Bitcoin companies wouldn't use only SegWit transactions?
I would like to give one of the reasons (Disclaimer: I am associated with Blockonomics).
There is no support of segwit change addresses yet in bitcoin core. There are workarounds that need to be ...
- 2,017
4
votes
Isn't burning bitcoins a kind of fraud?
BitCoin burning is the process by which digital currency miners and developers can remove bitcoins from circulation
I think you'll find that "Bitcoin burning" refers to owners of Bitcoin ...
- 28.5k
4
votes
Is there a reason big Bitcoin companies wouldn't use only SegWit transactions?
(Disclaimer: I work at BitGo.)
We rolled out segwit support on September 13th for all of our customers. To start using segwit, customers had to only perform a software update and in some cases update ...
- 77.8k
3
votes
Is mining Bitcoin on costumers machine a financially viable plan?
This is a bad idea for multiple reasons.
Consumer hardware is entirely useless for Bitcoin mining today. You will never make a cent. See e.g. In the ASIC-age, is it worth starting mining Bitcoin at ...
- 77.8k
3
votes
What are business cases with hardened child derivation (bitcoin)? What wallets support it?
If so, why has it made into the standard, what would be good case
examples?
It has become the standard because unhardened derivation is the direction bitcoin core has decided to go, and they have a ...
- 5,676
3
votes
Accepted
Can I use opcodes traditionally used for verifying keys to verify payment sizes?
This isn't possible.
You can use those arithmetic operators to compare any numerical values that you can get onto the stack - they are not inherently restricted to signatures and keys. But you would ...
- 23.1k
2
votes
Estimate of Bitcoin payments
Is there any publication, estimate or lower bound on the amount of payments that were made to 'shops'?
The nature of Bitcoin's public replicated journal of transactions (the "blockchain") ...
- 28.5k
1
vote
Accepted
Is it possible to add custom data on blockchains transaction such as a payment reference?
No, there is no “reference” field on Bitcoin transactions. While the recent Inscription hype demonstrates (once again) that you can attach arbitrary data to Bitcoin transactions, the “Bitcoin way” of ...
- 77.8k
1
vote
listed companies with significant bitcoin revenue
Take a look at the publicly listed bitcoin mining companies. I believe that Marathon Digital does hodl bitcoin (and they even raised money to PURCHASE bitcoin some weeks ago). You could also take a ...
- 323
1
vote
Estimate of Bitcoin payments
Well it is not nearly complete, but I found something.
'Stores'
First of all a list of major companies accepting bitcoin according to a recent article on Yahoo Finance. These are not necessarily the ...
1
vote
Isn't burning bitcoins a kind of fraud?
Are they lying about something? Not really. This would be like if you put a bunch of money in a vault, threw away the key, buried the vault, and then wiped your memory so you don't know where it's ...
- 111
1
vote
Customer pays in EUR and I receive bitcoin anonymously
No. I don't think there are any good services that will allow customers to pay with fiat and have you receive Bitcoin even if you were okay with completing KYC, but regardless, no legitimate fiat ...
- 2,078
1
vote
How to buy BTC as a company
Are there other options? Short answer: Yes.
Find a person with bitcoins and make an offer. That's how trading works.
Exchanges minimize the risk and centralize the trade. But they do not monopolize it....
- 73
1
vote
How do you handle returned goods in e-shopping?
Even in conventional systems, a return is a separate transaction from the original purchase. Both are recorded, the original purchase transaction need not be amended so long as the system associates ...
- 28.5k
1
vote
Is it legal in Egypt to sell BTC, and is that available there?
According to https://legal-or-not.com/bitcoin/egypt-bitcoin-status/, Bitcoin is legal in Egypt. On the wiki for list of countries on stances on bitcoin, Egypt is not listed.
In 2016, an Egyptian ...
- 122
1
vote
Is it possible to have a shared access bitcoin wallet?
you could use multisig wallet, e.g. Copay - a secure bitcoin wallet platform for both desktop and mobile devices.
Check out miltisig use cases:
m = signatures required to spend
n = signatures ...
- 546
1
vote
Accepted
List of companies that has Implemented their own cryptocurrency or Color Coins in their business?
This question is too vague, like asking list of companies that use arrays in programming. Colored coins are programming abstractions(just a type of data structure) and when truly used for a technical ...
- 616
Only top scored, non community-wiki answers of a minimum length are eligible