12 votes

P2P MultiCoin markets

Yes! Bitsquare.io is: Decentralized – there is no single point of failure. Safe – Bitsquare never holds your funds. Instantly accessible – no need for approval from a central authority. Private -no ...
  • 221
10 votes
Accepted

Where can I find Crypto Coin data?

Acquiring Data You have two options here: Check out one of the data providers online. Quandl offers (mostly) free historical data for a variety of pairs and exchanges. Alternatively, if you have ...
  • 1,672
10 votes

Beginner's question: Why must proof-of-work be useless?

In addition to the technical factors mentioned by MCCCS, it's important to consider economical factors as well. If the problem being solved has value outside of the Bitcoin network, it allows miners ...
  • 16.7k
9 votes

How to fork Bitcoin and build own cryptocurrency

There is a Complete Guide on How to Create a New Alt Coin on Bitcoin Talk.
  • 111
8 votes

How to fork Bitcoin and build own cryptocurrency

Here is a guide: How to Fork Bitcoin (create your own chain). I really think Bitcoin as a concept is unique and powerful, and the project is well maintained by very talented developers, so I wanted ...
  • 7,228
8 votes
Accepted

Why can't timestamps be a substitute for blockchain?

But then the next problem is transaction order and validity to prevent double spending. I don't understand completely why a timestamp can't just be included for every broadcasted transaction, and the ...
6 votes

Is stack overflow reputation actually a Cryptocurrency?

No, it is not accurate to call the reputation system a cryptocurrency. Cryptocurrencies use a distributed form of updating the ledger of ownership, not controlled by any one person. Stack Exchange ...
  • 13.9k
5 votes
Accepted

What hardware do I need to get started with Bitcoin?

Nothing out of the ordinary hardware wise is necessarily required if you are just using bitcoin as a currency. The only case you would need specific hardware was if you intended on mining bitcoin. For ...
  • 682
5 votes

Why can't timestamps be a substitute for blockchain?

But then the next problem is transaction order and validity to prevent double spending. I don't understand completely why a timestamp can't just be included for every broadcasted transaction, and the ...
  • 65.6k
5 votes

How do I pick the right cryptocurrency without becoming an expert in cryptocurrencies?

As money, security is paramount. Bitcoin is still the safest and most proven crypto, despite what others claim. The network has the most miners, which makes attacking the network next to impossible. ...
5 votes
Accepted

Are crypto tokens a subset of cryptocurrencies?

I don't think you will get a consistent answer on this. I would say cryptocurrencies are intended to be used as a currency (e.g. Bitcoin) in the broader economy to exchange and transfer value. They ...
4 votes

How to fork Bitcoin and build own cryptocurrency

There are some tutorials out there, check out: https://bitcointalk.org/index.php?topic=225690.0 If that one is not sufficient let me know, and maybe I'll write one up. There are also a lot of coins ...
  • 1,590
4 votes

What is Ripple and how does it compare to Bitcoin?

Ripple is trying to replace SWIFT, the protocol for inter-bank transfers. To me it makes sense because, those systems are (according to my understanding) quite antiquated. So blockchain hype has ...
4 votes

Does it make sense to use BitCoin to transfer money to yourself internationally?

Most big US banks charge 40-50$ in fees for international transfers and take a cut of the exchange rate. You might be able to lower this if you use a company like Usforex or Xoom, which I believe take ...
  • 171
4 votes
Accepted

Is it possible to trace bitcoin ATM withdrawals?

That would depend on the owner/operator of the ATM, and your relationship with them. Normally, you will need to register with a Bitcoin ATM company in order to use their machines. This is so that ...
  • 8,772
4 votes

Is there an API that exchanges USD to Bitcoin?

This looks like a service that does what you're asking for, if I'm understanding your ask and this page correctly: https://developers.coinbase.com/docs/wallet/guides/send-receive This would require ...
4 votes

Understanding Bitcoin fees

It's a bit apples and oranges. At Coinbase you are actually purchasing cryptocurrency that you then own and can move elsewhere if you wish, whereas at eToro you are opening a CFD (contract-for-...
4 votes

Accepting Bitcoin for Services Rendered with Legal Verbiage on Set Coin Price

If you want to go all in on cryptocurrency, you can make an agreement stating the payment method as BTC or ETH and then the amount. The value of these currencies may vary with time and hence no one ...
4 votes

Beginner's question: Why must proof-of-work be useless?

The problem is that one can find a proof of work algorithm that gives a useful output. However, it may not stay useful forever. When the research is done, it will have to be replaced. When proof of ...
  • 10k
4 votes

How to you recover a stolen bitcoin lost to an investment scam?

How to you recover a stolen bitcoin lost to an investment scam? how do you manage to get them back? Generally you don't. Take MtGox as an example. It is believed that a very large amount of money was ...
4 votes
Accepted

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 will only be rewarded with the fees with respect to the calculations I have made. That's not correct. If you don't mine a complete block, you get nothing at all. Joining a pool will let you get a ...
4 votes

What would happen to Bitcoin if GPS/Galileo timing ceased to be available?

Bitcoin needs approximately sundial time accuracy to operate. Computers have their own free running clocks which provide more than enough accuracy in the absence of other references, and NTP sources ...
  • 15.3k
3 votes

Does it make sense to use BitCoin to transfer money to yourself internationally?

To make an international money transfer using bitcoins you need to figure out 2 things: 1. How to convert FIAT to BTC and 2. How to convert BTC to FIAT. FIAT to BTC Open an account on your local ...
  • 61
3 votes

Compiling litecoind on Ubuntu 15.04

The build system has changed to autotools in later versions of Litecoin. The process now looks like this: ./autogen.sh ./configure make -j4 make install # optional There's up to date ...
  • 15.3k
3 votes

Tezos vs Decred

Decred is limited in what you can amend with on-chain governance. With Tezos you can amend any part of the protocol, including the governance mechanism itself.
  • 131
3 votes

What coin offers a decentralized ledger, without mining and transaction costs?

If any DLT is working without mining, then it is vulnerable to frauds, double spends, because there is no gaurantee that the nodes are honest upon block broadcasting, and no way to reach consensus ...
3 votes
Accepted

Cryptocurrency with support for a shared wallet

Is there a cryptocurrency which could fit the above scenario? yes, bitcoin: https://en.bitcoin.it/wiki/Multisignature
  • 6,724
3 votes
Accepted

Out of all the crypto-currencies, which address format is the shortest?

Nxt addresses are the shortest. They only have 20 characters.
3 votes
Accepted

What is the purpose of the 20 XRP cost to start a wallet?

Unlike a bitcoin receiving address, a funded Ripple wallet is a real thing on the ledger that has properties. This has advantages and disadvantages, but one of the disadvantages is that there's a cost ...

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