19

The coinbase mentioned in BIP34 is not the company; it is referring to the first transaction in a Bitcoin block (which is special as it is allowed to bring new currency into circulation). Coinbase-the-company didn't even exist when BIP34 was written (or at least, wasn't known/public). The company was named after this special transaction.


2

Once you use a BTC receiving address once, any good wallet will not display the same address again; they'll display the next address in the chain (since your seed derives to a large chain of different addresses). The coins are not lost, your wallet balance should still be there, and the wallet will still track the old address, it just won't display the old ...


2

Your understanding is largely correct. I'll nitpick a few points for clarity, but overall I would say you have a decent grasp of whats going on here. I can send the X BTC I purchased to my hardware wallet by giving the public key to my hardware wallet and specifying perhaps .99X BTC go to that wallet and the remaining .01 BTC is left as the transaction fee. ...


1

There is a saying: "Not your keys, not your bitcoin". If you don't put your own money in your own personal non-custodial wallet and look after it yourself then you are relying on the honesty and competence of a large number of other people. You can hope that the closed business didn't close because it lacked solvency to pay its creditors (including ...


1

Recently I converted some of my BTC to Euros on Coinbase. I needed €5000 euros exactly. The fee was €74.50, ok fine. That left me with €4925.50. Are you sure the btc2eur conversion was successful? I haven't made one transaction since, but logged in now and see that I have only €4248.63 and price is Euro price is €0.86. This could look like the btc2eur ...


1

A transaction ID or bitcoin address alone will give you no clues as to what sort of wallet created the address that the bitcoin was sent to. You will need to work with you mom to remember where the coins were sent. Try searching her digital devices for wallet applications, her email for wallet backups or exchange/wallet service registration emails, her ...


1

I would start with looking at the alfanumeric number. Is it in hexadecimal? If yes , is it 32 bytes long --> random number Is it a code that begins with a 5 or L or K --> Private key Never share any of these. But you can calculate the Public key and the Bitcoin address from those.


1

2 thoughts on your understandings, custodial sites such as Coinbase use a pre-configured transaction fee, when using the Ledger it will probably give you a few options to choose from (i've never used a Ledger). there are multiple public address types (P2PKH, P2SH, and bech32 - see invoice address link below), and not all exchanges support all types. https:/...


1

Since a Coinbase account is custodial, Coinbase can move money from internal account to internal account without recording it on the blockchain. These sort of internal transactions between Coinbase and its customers are not normal Bitcoin transactions. So far as the Bitcoin network is concerned, Coinbase own the money not you. I'm not sure what a Coinbase ...


1

I am picking up 2 blockchains, one for BTC and BCH? There are a vast amount of numbers that are valid Bitcoin-addresses (BTC). Most of them have never been used and never will be. Many of these same numbers are also valid Bitcoin-cash addresses (BCH) because of the way Bitcoin Cash was created. So your address is a valid address in at least four different ...


1

My friend, I'm sad to tell you you might have been robbed of your money.... Cryptonator has a 2,5 stars rating. The reviews say it should not be trusted. It seems it was split into 2 different addresses. The one where you received your cash (20 cents) and another one where they received the whole rest. This address has received well over 588 000 $ USD ...


1

So I downloaded Coinbase wallet, and tried to transfer 0.001 bitcoins from my Coinbase or Coinbase Pro to the Coinbase wallet This fees is decided by Coinbase. Is there a way to transfer the money to my mobile wallet at a much lower fee? A fee that is lower than 1% is more acceptable. Use DEX or P2P exchanges like Bisq, HodlHodl, Localcryptos etc. and ...


1

I assume you mean that you have a a blockchain.info/.com wallet. You will have to log into the wallet and initiate a transaction. If you cannot do that, and you do not have a wallet backup, then you are likely out of luck, the coins would be effectively lost. You could attempt to contact their customer service to see if they can somehow let you log into the ...


1

The transactions involved in BTC deposit to an address assigned by centralized exchanges normally follows this path: Bitcoin wallet of user ---> Exchange Deposit address for this user ---> Exchange moves funds from multiple hot wallets to cold storage address These cold storage addresses are known for many exchanges and sometimes even hot wallets. The ...


1

Possibly in it's activity, exchanges have quite unique transaction footprints and this can be used to make an inference. It's not an easy process however and there is nothing in the bitcoin address itself that indicates which exchange etc. was used to create it.


Only top voted, non community-wiki answers of a minimum length are eligible