pull down to refresh

@gregtonoski
1,392 sats stacked
stacking since: #149794
bio
31 items
by
for
0 sats \ 1 reply \ @gregtonoski OP 31 Jan \ parent \ on: Call for nodes reconfiguration: minrelaytxfee=0.00000001 bitcoin_Mining
The assumption that a transaction would have never got confirmed is incorrect.
0 sats \ 1 reply \ @gregtonoski OP 31 Jan \ parent \ on: Call for nodes reconfiguration: minrelaytxfee=0.00000001 bitcoin_Mining
That's not true. It means that the sender paid for the extra bytes at the same fee-rate.
0 sats \ 3 replies \ @gregtonoski OP 31 Jan \ parent \ on: Call for nodes reconfiguration: minrelaytxfee=0.00000001 bitcoin_Mining
It wouldn't cause "it free to send any amount of data to all bitcoin nodes". Let's not exaggerate.
0 sats \ 3 replies \ @gregtonoski OP 31 Jan \ parent \ on: Call for nodes reconfiguration: minrelaytxfee=0.00000001 bitcoin_Mining
Miners are of tertiary importance here (if any). The setting is applied by node runners and affects nodes in the first place.
0 sats \ 5 replies \ @gregtonoski OP 31 Jan \ on: Call for nodes reconfiguration: minrelaytxfee=0.00000001 bitcoin_Mining
As a side note, consider also setting incrementalrelayfee=0 instead of the default 3000 in order to relay replacement transactions which fee-rates don't change.
0 sats \ 2 replies \ @gregtonoski OP 31 Jan \ parent \ on: Call for nodes reconfiguration: minrelaytxfee=0.00000001 bitcoin_Mining
Transaction fee is quoted in natural numbers, e.g. 97 sats for a transaction. A fee-rate sat/vbyte is derivative and doesn't exist on the chain. There isn't any rounding problem.
Call for nodes reconfiguration: minrelaytxfee=0.00000001
244 sats \ 19 comments \ @gregtonoski 31 Jan bitcoin_Mining
0 sats \ 1 reply \ @gregtonoski 25 Jan \ on: What are some of the biggest mistakes Bitcoin noobs make? bitcoin_beginners
Noobs mistakenly think that they have much more time, e.g. to create backup copy of secrets, improve security, stack more, learn more, verify etc.
Barefoot mining earned >20% more at Ocean than other poolsxcancel.com/OrangeSurfBTC/status/1878505361780478272#m
589 sats \ 10 comments \ @gregtonoski 12 Jan bitcoin_Mining
0 sats \ 0 replies \ @gregtonoski 14 Dec 2024 \ on: First Tax Evasion Conviction In The U.S. For Bitcoin: Two Years In Prison Politics_And_Law
"Indeed, in May 2014, Ahlgren had blogged about his knowledge of mixers as ways to add anonymity to bitcoin transactions." It suggests he should have blogged about a boating accident instead.
10 sats \ 4 replies \ @gregtonoski 8 Dec 2024 \ on: Reminder to Check Your Bitcoin Setups (Seedphrases, Backups, HWWs, Passphrases) bitcoin_beginners
Maybe Bitcoin is not suitable for immediate spending (in your situation) and could be scrapped/avoided. Instead, all the focus could be put on long-term storage (which is assumed to be of the utmost importance).
11 sats \ 1 reply \ @gregtonoski 4 Dec 2024 \ on: What I love about @darthcoin alter_native
Darthcoin is friendly and gives valuable advices. I wish they were more direct and "toxic" in a Bitcoiners way.
0 sats \ 0 replies \ @gregtonoski 22 Nov 2024 \ on: Bitcoin Cold Storage bitcoin
None. Security of storage is all yours responsibility. It can't be outsourced. "Wallets" are for convenience, e.g. ease of signing a transaction.
0 sats \ 0 replies \ @gregtonoski 21 Nov 2024 \ on: Germany: Real estate crisis is over charts_and_numbers
The price crisis may be over while housing crisis remains and gets bigger.
0 sats \ 0 replies \ @gregtonoski 19 Nov 2024 \ parent \ on: Spot Bitcoin ETF Options Could Start Trading As Early As Tomorrow bitcoin
Price exposure could be increased manyfold as if bought the ETFs on leverage.
0 sats \ 1 reply \ @gregtonoski 18 Nov 2024 \ on: Bitkey: Inheritance bitcoin
Do you think you need timelocks or covenants on-chain?
4 sats \ 0 replies \ @gregtonoski 16 Nov 2024 \ parent \ on: Which electrum server and/or wallet do you use to connect with Bitcoin Core? bitcoin_beginners
Time and perhaps risk of losing change to miners. How many transactions a year do you typically do? CLI or GUI?