JollyMort
  • Member for 5 years, 7 months
  • Last seen more than 3 years ago
How to make PoS system work?
Accepted answer
3 votes

If you want a system with centralized trust, I suppose you could do a 100% pre-mine, and have some checkpoints to 'lock' this, and have all nodes verify against the checkpoint coming from a trusted ...

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Minimum how much bitcoin may I get per week if I stake 0.05BTC?
Accepted answer
3 votes

Bitcoin uses pure PoW (proof of work) mining, so you can't really "stake" your 0.05BTC. The only thing that will determine how much bitcoin you may get, will be your computing power, measured in ...

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Electrum Seed Length
Accepted answer
3 votes

The 13-word mnemonic is just a way to encode a 128bit number into something human-readable and memorable. The 13th word is a checksum, and 12 words would suffice to recover the number encoded. You ...

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Are there any other anonymous developers like Satoshi Nakamoto and BCNext that abandoned their project?
3 votes

There is also the CryptoNote creator Nicolas van Saberhagen. From: https://en.wikipedia.org/wiki/CryptoNote#Controversy_and_criticism: The author of the white paper went by the name Nicolas van ...

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Is it possible for an individual to start their own blockchain working with Bitcoin Core?
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3 votes

It is indeed possible, with some tweaks in the code to differentiate from the original. Effectively, you'd be starting an altcoin with all the same parameters as bitcoin. However, if it had ...

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If transaction has impossible locking script, are coins lost?
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2 votes

If it made it into the blockchain, meaning 1 confirmation or more, it practically can't be invalidated. The same feature prevents people from reversing payments. If it's provably unsolvable, then ...

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Transfer from Bitcoin Core to Electrum expired before full synchronization. Where are the bitcoins?
2 votes

If you broadcasted the transaction, it will appear on the other end, eventually. I suggest you to first go to https://blockchain.info/ and look-up your electrum address or the transaction ID. There, ...

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First confirmation time vs miners fee's
Accepted answer
1 votes

1) Yes. You can see some statistics here: http://bitcointicker.co/networkstats/ 2) "Normal" will depend on network usage and how much others are paying. So can't give a definite answer there. Let's ...

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Incorrect bitcoin address funded
1 votes

The most likely answer is - No. You could retrieve them only if you somehow got the private key of the address you sent to or if the person to whom you sent the coins is willing to send you the ...

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Is there a chance that bitcoin will be use as the Universal Currency around the Universe?
0 votes

I don't believe it would be feasible in its current implementation considering limitation of information propagation. It takes about 10min for signal to get from Earth to the Sun. It would take light-...

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