4
votes
is there such a thing as a wallet frozen due to fraud. Can funds held in such a wallet be returned to the original owner
It's a scam. The upfront 2% fee is a red flag and just the start, if you fall for that, they'll find other fees and charges you need to pay.
- 22.2k
2
votes
Total Decentralization
Welcome Anuj,
My recommendation would be to set up and run your own bitcoin full node and connect your Electrum wallet to it. This will provide you with complete autonomy and allow you to verify all ...
- 61
1
vote
Accepted
How to setup Alby wallet for testnet bitcoins
you are trying to connect testnet node on mainnet. at Alby, we use testnet and regtest network for working on the product (testnet is a private network used for testing sats on testnet nodes that have ...
1
vote
Accepted
What Policy does the Liana wallet use? Why would I use this Policy?
At the moment Liana aims to accept any policy that describes:
A set of keys immediately available; or
A set of keys available only after a relative timelock; or optionally
Any number of additional ...
- 4,942
1
vote
Why distinguish between receiving address and change address
This distinction only exists for the internal processes of your wallet, and to provide a better UX to the user.
Consider for example when you request a payment. You generate a receive address, the ...
- 68.7k
1
vote
What wallet size difference to expect between Bitcoin Core (binary) and Electrum (json) wallet files?
According to some people, the difference between simple binary encoding and JSON is often one or two orders of magnitude (10 to 100 times).
Obviously it depends on the data and the exact details, ...
- 22.2k
1
vote
Have I understood the concept of address, account and wallet correctly and how the wallet balance is calculated?
All spendable bitcoins are locked in UTXOs (Unspent Transaction Outputs)
When you want to spend bitcoin, you use one or more of your UTXOs as inputs to a transaction, and create one or more outputs. ...
- 216
1
vote
Have I understood the concept of address, account and wallet correctly and how the wallet balance is calculated?
Is each wallet connected to only one address or account?
Addresses have the character of invoice identifiers. You should only use each address once in the context of a specific payment interaction. ...
- 68.7k
1
vote
Accepted
Have I understood the concept of address, account and wallet correctly and how the wallet balance is calculated?
is this balance calculated by addresses, that is, by accounts?
You are wrong to conflate addresses and accounts. There are no accounts in the Bitcoin network, nor in the current version of the ...
- 22.2k
Only top scored, non community-wiki answers of a minimum length are eligible