New answers tagged wallet
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Find missing/masked characters from Bitcoin Private Key without knowing their location
If you know which three characters are modified, you can find the correct input in 57³ = 185,193 attempts.
If you are looking at a 52 character string where each position can express as one of 58 ...
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Tried to create a wallet, ran into an error. How do I create a wallet using Bitcoin Core on Linux that I can then connect with mining?
What does this error message mean?
You tried to create a BDB wallet, which is the old type of wallet which is deprecated.
For context, Bitcoin Core supports two types of wallets:
The old type ("...
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Cryptocurrency wallet passphrase 10 word?
I also have a 10 word seed phrase. they have updated their encryption. so anyone with a 10 word phrase is now SOL
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How does Bitcoin Wallet know someone has sent you some money? Does it keep scanning blockchain continuously for transactions having your Public Key?
What you describe is what happens
If the wallet is not running 24/7 it will catch up by requesting missing blocks from peers.
See also SPV
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Why do you need to connect to a software wallet if you have a hardware wallet
In Bitcoin, wallets do not actually store coins. Wallets hold private key material that enables the user to spend specific Unspent Transaction Outputs (UTXOs) that are tracked on the blockchain.
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What are the comparative benefits of each kind of address
I don’t think that there is a significant difference in terms of security between the various output types. Modern input types are more blockspace efficient, but a few wallets still cannot send to ...
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What are the comparative benefits of each kind of address
For better security and compatibility, using Native SegWit (bech32) is recommended for Bitcoin addresses. It offers lower fees and faster transaction processing. Taproot is more advanced, adding ...
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