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	<id>https://wiki.tentere.net/index.php?action=history&amp;feed=atom&amp;title=Bitcoin_Guide</id>
	<title>Bitcoin Guide - 版の履歴</title>
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	<updated>2026-04-08T00:05:36Z</updated>
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	<entry>
		<id>https://wiki.tentere.net/index.php?title=Bitcoin_Guide&amp;diff=118856&amp;oldid=prev</id>
		<title>2023年10月7日 (土) 03:15にClaribelHeyes25による</title>
		<link rel="alternate" type="text/html" href="https://wiki.tentere.net/index.php?title=Bitcoin_Guide&amp;diff=118856&amp;oldid=prev"/>
		<updated>2023-10-07T03:15:45Z</updated>

		<summary type="html">&lt;p&gt;&lt;/p&gt;
&lt;table style=&quot;background-color: #fff; color: #202122;&quot; data-mw=&quot;interface&quot;&gt;
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				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;← 古い版&lt;/td&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;2023年10月7日 (土) 12:15時点における版&lt;/td&gt;
				&lt;/tr&gt;&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot; id=&quot;mw-diff-left-l1&quot;&gt;1行目:&lt;/td&gt;
&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot;&gt;1行目:&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;lt;br&amp;gt; The other factor affecting fees is how long you’ve spent on Binance. We do get a factor of 2 or 3 speedup. To make a rough corporate analogy, fees are &amp;quot;revenue&amp;quot; and issued supply is &amp;quot;equity.&amp;quot; Many firms do finance their operations by continually issuing stock, but shareholders generally prefer not to get endlessly diluted. Following the format helps us classify and identify the issues, escalate them to our relevant departments and get everyone’s problems resolved. Although it may seem to some a new phenomenon, thanks to the current Tweeter in Chief, the social (and sometimes news) networking app Twitter launched way back in 2006. Donald Trump, though, joined in March 2009, and has tweeted more than 36,000 times since then, which works out to more than 300 (sometimes flaming) tweets a month. At first glance, it may appear that proof of work’s trial-and-error architecture naturally entails a delay in block production and that, in times of congestion, that delay pushes fees higher. This has never been denied that one method is not complete and traders are required to use many and at sometimes all methods may not be good enough to make trading &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;decisions. &lt;/del&gt;But, in this case, the lack of liquidity means that there may not be enough sell orders in the order book for the current price range. Consider that a blockchain designed to produce one block per second with 1,000 transactions in each block has the very same throughput of a blockchain that produces one block per minute that is large enough to fit 60,000 transactions. Instead, the main determinant of throughput is block size, i.e., the number of bytes (and hence, transactions) that can fit into a block. Instead, Bitcoin&amp;#039;s value is more linked to the economy where it connects to the &amp;quot;real world,&amp;quot; such as the cost of the electricity required to mine the blocks and the willingness of people to pay for the bitcoins that are the rewards for that work, according to Waterloo. Bitcoins are valuable because people are willing to exchange them for real goods and services, and even &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;cash. &lt;/del&gt;Wites says that victims of bitcoin theft are free to file a claim with the police, the FBI or the Securities and Exchange Commission (SEC), but that authorities are unlikely to pursue cases involving a $10,000 or $20,000 loss. Readers are advised to seek expert advice and &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt; [https://trov.app/2023/09/21/the-ten-key-components-in-binance/ 바이낸스 보안설정] &lt;/del&gt;read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Financial media eagerly covers each new dramatic high and stomach-churning decline, making Bitcoin an inescapable part of the landscape. The views expressed are his own and do not necessarily reflect those of BTC Media Inc or Bitcoin Magazine. Apart from this, the developer has also managed to expand till social media by gaining 220 followers on twitter. Making, registering and validating a transaction costs very little, computationally. On such platforms, average transaction fees are quite high: around $2 per transaction for Bitcoin, and around $40 per transaction on Ethereum! According to a survey done by the Central American University 100 days after the Bitcoin Law came into force: 34.8% of the population has no confidence in bitcoin, 35.3% has little confidence, 13.2% has some confidence, and 14.1% has a lot of &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;confid&lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;.&lt;/del&gt;&amp;lt;br&amp;gt;To put into perspective, users can download a wallet software, run a node, and complete transactions with little effort. With a little bit of designing skills, you can give yourself a good start. You can start trading after opening your trading account, and they will charge a small fee for the services they are providing. Grid trading bots have the unique advantage of turning a profit in the time of consolidating and variable markets, where there tends to be a lot of confusion. And it’s expensive because the reward for creating a block is significant - around $290,000 at the time of this writing. Depending on the severity of these events, a transaction that was once in a block might be permanently removed from the blockchain. A transaction included in a block is not final. Producing work requires miners to perform several attempts before finding the number that grants them permission by the protocol to add a block to the blockchain. Critics of proof of work might be tempted to claim that an increase in the interval between blocks affects settlement time, which in turn increases congestion. In theory, this could happen multiple times-two nodes could discover blocks simultaneously in the second round, deepening uncertainty about which chain is the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;leg&lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;at&lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;e&lt;/del&gt;.&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;lt;br&amp;gt; The other factor affecting fees is how long you’ve spent on Binance. We do get a factor of 2 or &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt; 바이낸스 ([https://www.sciencelytech.com/ten-lessons-you-may-be-taught-from-bing-about-bitcoin/ https://www.sciencelytech.com]) &lt;/ins&gt;3 speedup. To make a rough corporate analogy, fees are &amp;quot;revenue&amp;quot; and issued supply is &amp;quot;equity.&amp;quot; Many firms do finance their operations by continually issuing stock, but shareholders generally prefer not to get endlessly diluted. Following the format helps us classify and identify the issues, escalate them to our relevant departments and get everyone’s problems resolved. Although it may seem to some a new phenomenon, thanks to the current Tweeter in Chief, the social (and sometimes news) networking app Twitter launched way back in 2006. Donald Trump, though, joined in March 2009, and has tweeted more than 36,000 times since then, which works out to more than 300 (sometimes flaming) tweets a month. At first glance, it may appear that proof of work’s trial-and-error architecture naturally entails a delay in block production and that, in times of congestion, that delay pushes fees higher. This has never been denied that one method is not complete and traders are required to use many and at sometimes all methods may not be good enough to make trading &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;decisi&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&lt;/ins&gt;But, in this case, the lack of liquidity means that there may not be enough sell orders in the order book for the current price range. Consider that a blockchain designed to produce one block per second with 1,000 transactions in each block has the very same throughput of a blockchain that produces one block per minute that is large enough to fit 60,000 transactions. Instead, the main determinant of throughput is block size, i.e., the number of bytes (and hence, transactions) that can fit into a block. Instead, Bitcoin&amp;#039;s value is more linked to the economy where it connects to the &amp;quot;real world,&amp;quot; such as the cost of the electricity required to mine the blocks and the willingness of people to pay for the bitcoins that are the rewards for that work, according to Waterloo. Bitcoins are valuable because people are willing to exchange them for real goods and services, and even &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;c&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&lt;/ins&gt;Wites says that victims of bitcoin theft are free to file a claim with the police, the FBI or the Securities and Exchange Commission (SEC), but that authorities are unlikely to pursue cases involving a $10,000 or $20,000 loss. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Financial media eagerly covers each new dramatic high and stomach-churning decline, making Bitcoin an inescapable part of the landscape. The views expressed are his own and do not necessarily reflect those of BTC Media Inc or Bitcoin Magazine. Apart from this, the developer has also managed to expand till social media by gaining 220 followers on twitter. Making, registering and validating a transaction costs very little, computationally. On such platforms, average transaction fees are quite high: around $2 per transaction for Bitcoin, and around $40 per transaction on Ethereum! According to a survey done by the Central American University 100 days after the Bitcoin Law came into force: 34.8% of the population has no confidence in bitcoin, 35.3% has little confidence, 13.2% has some confidence, and 14.1% has a lot of &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;confide&lt;/ins&gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;To put into perspective, users can download a wallet software, run a node, and complete transactions with little effort. With a little bit of designing skills, you can give yourself a good start. You can start trading after opening your trading account, and they will charge a small fee for the services they are providing. Grid trading bots have the unique advantage of turning a profit in the time of consolidating and variable markets, where there tends to be a lot of confusion. And it’s expensive because the reward for creating a block is significant - around $290,000 at the time of this writing. Depending on the severity of these events, a transaction that was once in a block might be permanently removed from the blockchain. A transaction included in a block is not final. Producing work requires miners to perform several attempts before finding the number that grants them permission by the protocol to add a block to the blockchain. Critics of proof of work might be tempted to claim that an increase in the interval between blocks affects settlement time, which in turn increases congestion. In theory, this could happen multiple times-two nodes could discover blocks simultaneously in the second round, deepening uncertainty about which chain is the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;legit&lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;e&lt;/ins&gt;&amp;lt;br&amp;gt;.&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;</summary>
		<author><name>ClaribelHeyes25</name></author>
	</entry>
	<entry>
		<id>https://wiki.tentere.net/index.php?title=Bitcoin_Guide&amp;diff=60915&amp;oldid=prev</id>
		<title>2023年10月3日 (火) 21:45にEulaWanliss4による</title>
		<link rel="alternate" type="text/html" href="https://wiki.tentere.net/index.php?title=Bitcoin_Guide&amp;diff=60915&amp;oldid=prev"/>
		<updated>2023-10-03T21:45:35Z</updated>

		<summary type="html">&lt;p&gt;&lt;/p&gt;
&lt;table style=&quot;background-color: #fff; color: #202122;&quot; data-mw=&quot;interface&quot;&gt;
				&lt;col class=&quot;diff-marker&quot; /&gt;
				&lt;col class=&quot;diff-content&quot; /&gt;
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				&lt;tr class=&quot;diff-title&quot; lang=&quot;ja&quot;&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;← 古い版&lt;/td&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;2023年10月4日 (水) 06:45時点における版&lt;/td&gt;
				&lt;/tr&gt;&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot; id=&quot;mw-diff-left-l1&quot;&gt;1行目:&lt;/td&gt;
&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot;&gt;1行目:&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;lt;br&amp;gt; The other factor affecting fees is how long you’ve spent on Binance. We do get a factor of 2 or 3 speedup. To make a rough corporate analogy, fees are &amp;quot;revenue&amp;quot; and issued supply is &amp;quot;equity.&amp;quot; Many firms do finance their operations by continually issuing stock, but shareholders generally prefer not to get endlessly diluted. Following the format helps us classify and identify the issues, escalate them to our relevant departments and get everyone’s problems resolved. Although it may seem to some a new phenomenon, thanks to the current Tweeter in Chief, the social (and sometimes news) networking app Twitter launched way back in 2006. Donald Trump, though, joined in March 2009, and has tweeted more than 36,000 times since then, which works out to more than 300 (sometimes flaming) tweets a month. At first glance, it may appear that proof of work’s trial-and-error architecture naturally entails a delay in block production and that, in times of congestion, that delay pushes fees higher. This has never been denied that one method is not complete and traders are required to use many and at sometimes all methods may not be good enough to make trading decisions. But, in this case, the lack of liquidity means that there may not be enough sell orders in the order book for the current price range. Consider that a blockchain designed to produce one block per second with 1,000 transactions in each block has the very same throughput of a blockchain that produces one block per minute that is large enough to fit 60,000 transactions. Instead, the main determinant of throughput is block size, i.e., the number of bytes (and hence, transactions) that can fit into a block. Instead, Bitcoin&amp;#039;s value is more linked to the economy where it connects to the &amp;quot;real world,&amp;quot; such as the cost of the electricity required to mine the blocks and the willingness of people to pay for the bitcoins that are the rewards for that work, according to Waterloo. Bitcoins are valuable because people are willing to exchange them for real goods and services, and even cash. Wites says that victims of bitcoin theft are free to file a claim with the police, the FBI or the Securities and Exchange Commission (SEC), but that authorities are unlikely to pursue cases involving a $10,000 or $20,000 loss. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Financial media eagerly covers each new dramatic high and stomach-churning decline, making Bitcoin an inescapable part of the landscape. The views expressed are his own and do not necessarily reflect those of BTC Media Inc or Bitcoin Magazine. Apart from this, the developer has also managed to expand till social media by gaining 220 followers on twitter. Making, registering and validating a transaction costs very little, computationally. On such platforms, average transaction fees are quite high: around $2 per transaction for Bitcoin, and around $40 per transaction on Ethereum! According to a survey done by the Central American University 100 days after the Bitcoin Law came into force: 34.8% of the population has no confidence in bitcoin, 35.3% has little confidence, 13.2% has some confidence, and 14.1% has a lot of &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;confidence&lt;/del&gt;. To put into perspective, users can download a wallet software, run a node, and complete transactions with little effort. With a little bit of designing skills, you can give yourself a good start. You can start trading after opening your trading account, and they will charge a small fee for the services they are providing. Grid trading bots have the unique advantage of turning a profit in the time of consolidating and variable markets, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt; 바이낸스 OTP ([https://sdzakaz.ru/binance-for-learners-and-everybody-else/ sdzakaz.ru`s blog]) &lt;/del&gt;where there tends to be a lot of confusion. And it’s expensive because the reward for creating a block is significant - around $290,000 at the time of this writing. Depending on the severity of these events, a transaction that was once in a block might be permanently removed from the blockchain. A transaction included in a block is not final. Producing work requires miners to perform several attempts before finding the number that grants them permission by the protocol to add a block to the blockchain. Critics of proof of work might be tempted to claim that an increase in the interval between blocks affects settlement time, which in turn increases congestion. In theory, this could happen multiple times-two nodes could discover blocks simultaneously in the second round, deepening uncertainty about which chain is the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;legit&lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;e&lt;/del&gt;&amp;lt;br&amp;gt;.&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;lt;br&amp;gt; The other factor affecting fees is how long you’ve spent on Binance. We do get a factor of 2 or 3 speedup. To make a rough corporate analogy, fees are &amp;quot;revenue&amp;quot; and issued supply is &amp;quot;equity.&amp;quot; Many firms do finance their operations by continually issuing stock, but shareholders generally prefer not to get endlessly diluted. Following the format helps us classify and identify the issues, escalate them to our relevant departments and get everyone’s problems resolved. Although it may seem to some a new phenomenon, thanks to the current Tweeter in Chief, the social (and sometimes news) networking app Twitter launched way back in 2006. Donald Trump, though, joined in March 2009, and has tweeted more than 36,000 times since then, which works out to more than 300 (sometimes flaming) tweets a month. At first glance, it may appear that proof of work’s trial-and-error architecture naturally entails a delay in block production and that, in times of congestion, that delay pushes fees higher. This has never been denied that one method is not complete and traders are required to use many and at sometimes all methods may not be good enough to make trading decisions. But, in this case, the lack of liquidity means that there may not be enough sell orders in the order book for the current price range. Consider that a blockchain designed to produce one block per second with 1,000 transactions in each block has the very same throughput of a blockchain that produces one block per minute that is large enough to fit 60,000 transactions. Instead, the main determinant of throughput is block size, i.e., the number of bytes (and hence, transactions) that can fit into a block. Instead, Bitcoin&amp;#039;s value is more linked to the economy where it connects to the &amp;quot;real world,&amp;quot; such as the cost of the electricity required to mine the blocks and the willingness of people to pay for the bitcoins that are the rewards for that work, according to Waterloo. Bitcoins are valuable because people are willing to exchange them for real goods and services, and even cash. Wites says that victims of bitcoin theft are free to file a claim with the police, the FBI or the Securities and Exchange Commission (SEC), but that authorities are unlikely to pursue cases involving a $10,000 or $20,000 loss. Readers are advised to seek expert advice and &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt; [https://trov.app/2023/09/21/the-ten-key-components-in-binance/ 바이낸스 보안설정] &lt;/ins&gt;read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Financial media eagerly covers each new dramatic high and stomach-churning decline, making Bitcoin an inescapable part of the landscape. The views expressed are his own and do not necessarily reflect those of BTC Media Inc or Bitcoin Magazine. Apart from this, the developer has also managed to expand till social media by gaining 220 followers on twitter. Making, registering and validating a transaction costs very little, computationally. On such platforms, average transaction fees are quite high: around $2 per transaction for Bitcoin, and around $40 per transaction on Ethereum! According to a survey done by the Central American University 100 days after the Bitcoin Law came into force: 34.8% of the population has no confidence in bitcoin, 35.3% has little confidence, 13.2% has some confidence, and 14.1% has a lot of &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;confid&amp;lt;br&amp;gt;&lt;/ins&gt;.&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&amp;lt;br&amp;gt;&lt;/ins&gt;To put into perspective, users can download a wallet software, run a node, and complete transactions with little effort. With a little bit of designing skills, you can give yourself a good start. You can start trading after opening your trading account, and they will charge a small fee for the services they are providing. Grid trading bots have the unique advantage of turning a profit in the time of consolidating and variable markets, where there tends to be a lot of confusion. And it’s expensive because the reward for creating a block is significant - around $290,000 at the time of this writing. Depending on the severity of these events, a transaction that was once in a block might be permanently removed from the blockchain. A transaction included in a block is not final. Producing work requires miners to perform several attempts before finding the number that grants them permission by the protocol to add a block to the blockchain. Critics of proof of work might be tempted to claim that an increase in the interval between blocks affects settlement time, which in turn increases congestion. In theory, this could happen multiple times-two nodes could discover blocks simultaneously in the second round, deepening uncertainty about which chain is the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;leg&lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;at&lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;e&lt;/ins&gt;.&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;</summary>
		<author><name>EulaWanliss4</name></author>
	</entry>
	<entry>
		<id>https://wiki.tentere.net/index.php?title=Bitcoin_Guide&amp;diff=59389&amp;oldid=prev</id>
		<title>2023年10月3日 (火) 20:38にIndiraHcb35による</title>
		<link rel="alternate" type="text/html" href="https://wiki.tentere.net/index.php?title=Bitcoin_Guide&amp;diff=59389&amp;oldid=prev"/>
		<updated>2023-10-03T20:38:00Z</updated>

		<summary type="html">&lt;p&gt;&lt;/p&gt;
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				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;← 古い版&lt;/td&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;2023年10月4日 (水) 05:38時点における版&lt;/td&gt;
				&lt;/tr&gt;&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot; id=&quot;mw-diff-left-l1&quot;&gt;1行目:&lt;/td&gt;
&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot;&gt;1行目:&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;lt;br&amp;gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;What &lt;/del&gt;is &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the Current Bitcoin Block Reward? Andrew Chow &lt;/del&gt;and &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Raghav Sood clarify that a block header’s timestamp field &lt;/del&gt;is not &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;required &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;have a greater value than previous blocks&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;● Why is block 620826’s timestamp 1 second before block 620825? The requirements are instead that &lt;/del&gt;a new &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;block’s timestamp must be greater than the median timestamp of the past 11 blocks but no later than two hours after the present time according &lt;/del&gt;to the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;clock on &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;computer running the node&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Anchor commitment transactions can be fee bumped unilaterally by either party&lt;/del&gt;, which &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;is useful because commitment transactions might be broadcast &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;long time after they commit to their on&lt;/del&gt;-&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;chain feerate. Stack Exchange user Darius asks about the interplay between UTXO selection &lt;/del&gt;and &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;feerate when constructing &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;transaction&lt;/del&gt;. This &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;week’s newsletter summarizes several questions &lt;/del&gt;and &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;answers from the Bitcoin Stack Exchange &lt;/del&gt;and &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;describes notable changes &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;popular Bitcoin infrastructure projects&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;This week’s newsletter describes a proposal to make statechains deployable on Bitcoin without consensus changes&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;summarizes a discussion about a schnorr nonce generation function &lt;/del&gt;that &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;helps protect against differential power analysis, and links to &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;proposed update &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;BIP322 generic sign&amp;lt;br&amp;gt;ag&amp;lt;br&amp;gt;&amp;gt;p&amp;gt;&amp;lt;br&amp;gt;87 to update &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;BIP340 specification for schnorr signatures with &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;recommended nonce generation function &lt;/del&gt;that &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;claims &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;be more resistant against differential power analysis&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;BIP340 co-author Pieter Wuille replied with an explanation: in key &lt;/del&gt;and &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;signature aggregation where &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;mathematical relationship &lt;/del&gt;is &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;created between &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;private keys of cooperating users&lt;/del&gt;, the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;attacker-if he’s one &lt;/del&gt;of the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;cooperating users-may be able &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;combine knowledge of his private key with information learned from power analysis &lt;/del&gt;of &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;other users’ signature generation in order &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;learn about &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;other users’ private keys. And because these &lt;/del&gt;are the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;same private keys &lt;/del&gt;that &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;secure your BTC&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;this could lead &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;your BTC being stolen&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Bitcoin wallets use special codes called private keys &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;authorize transactions&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;However&lt;/del&gt;, the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;proposal for tapscript would make it possible for an attacker to use &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;inefficiency to create blocks with transactions &lt;/del&gt;that &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;could take a large amount of CPU &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;verify. A&amp;lt;br&amp;gt;o&amp;lt;br&amp;gt;eDA&amp;lt;br&amp;gt;t&amp;lt;br&amp;gt;er?&amp;lt;br&amp;gt;Because anyone who was ever &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;delegate can trigger an onchain spend&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;statechains &lt;/del&gt;are &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;designed &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;use &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;eltoo mechanism to ensure &lt;/del&gt;an &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;onchain spend by &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;most recent delegate (Carol) can take precedence over spends by previous delegates (Alice &lt;/del&gt;and &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Bob)&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;assuming &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;trusted third party hasn’t colluded with &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;previous delegate &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;cheat&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;A delegated signer can always spend &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;UTXO onchain without needing permission from the trusted third party&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;arguably making statechains less trusted than federated sidechains&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;E&lt;/del&gt;.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;g&lt;/del&gt;., &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;when Alice receives control over &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;statechain UTXO&lt;/del&gt;, a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;timelock would prevent her from being able to unilaterally spend it onchain for 30 days; when Alice transfers the UTXO to Bob&lt;/del&gt;, a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;timelock would restrict him for only 29 days-this gives a spend by Bob precedence over &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;spend by Alice&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;● Coinbase withdrawal transactions now using batching: Coinbase has rolled out batch withdrawals that &lt;/del&gt;they &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;estimate &lt;/del&gt;will &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;reduce their load on &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Bitcoin network by 50%&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Instead &lt;/del&gt;of &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;each withdrawal payment generating &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;single onchain transaction&lt;/del&gt;,  바이낸스 OTP &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;- &lt;/del&gt;[&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;http&lt;/del&gt;://&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;onicefire&lt;/del&gt;.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;com&lt;/del&gt;/&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;blog/groups/you&lt;/del&gt;-&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;want&lt;/del&gt;-&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;binance&lt;/del&gt;-&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;smart&lt;/del&gt;-&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;chain&lt;/del&gt;/ &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;visit the following webpage&lt;/del&gt;]&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;, multiple payments will &lt;/del&gt;be &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;combined into &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;single transaction once every 10 minutes&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;The standardization of these preimage fields was found to be necessary &lt;/del&gt;for &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;miniscript&lt;/del&gt;-&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;aware finalizers&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;though they can be used by any PSBT finalizer needing to satisfy hash preimage challenges (e.g. for oncha&amp;lt;br&amp;gt;N&amp;lt;br&amp;gt;mitment&amp;lt;br&amp;gt;n&amp;lt;br&amp;gt;tions).&amp;lt;br&amp;gt;With &lt;/del&gt;this &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;change, it becomes possible to fee bump commitment transactions that may have been signed days or weeks earlier, when the current feerates would’ve been hard to predict&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Outside of &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;capital &lt;/del&gt;of &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Addis Ababa&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;home to 5 million, very few have bank accounts or smartphones&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Coinbase allows bank accounts, Visa and Mastercard debit cards, and wireless transfers for payments - though one payment solution must be linked to your account before you can make &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;trade&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Does Coinbase &lt;/del&gt;work &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;in the USA? Toro USA LLC; Investments are subject &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;market risk, including &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;possible loss of principal. Pieter Wuille posted the slides from a presentation he gave summarizing progress, including text indicating he thought the proposal was &amp;quot;nearly ready&amp;quot;. Graftroot improves taproot’s flexibility and scalability &lt;/del&gt;by &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;allowing participants in &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;script &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;delegate their spending authority &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;other parties, including allowing &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;existing participants &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;impose additional script-based conditions on &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;delegates-all done offchain and without reducing the scalability&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;privacy&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;and fungibility benefits. Replace the 2&lt;/del&gt;-&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;of-2 schnorr multisig between &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;trusted third party and &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;current delegate (using an adaptor signature) with a single-sig &lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;g secure multi&lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;y computation&lt;/del&gt;.&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;lt;br&amp;gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;The other factor affecting fees &lt;/ins&gt;is &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;how long you’ve spent on Binance. We do get a factor of 2 or 3 speedup. To make a rough corporate analogy, fees are &amp;quot;revenue&amp;quot; &lt;/ins&gt;and &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;issued supply &lt;/ins&gt;is &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&amp;quot;equity.&amp;quot; Many firms do finance their operations by continually issuing stock, but shareholders generally prefer &lt;/ins&gt;not to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;get endlessly diluted. Following the format helps us classify and identify the issues, escalate them to our relevant departments and get everyone’s problems resolved&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Although it may seem to some &lt;/ins&gt;a new &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;phenomenon, thanks &lt;/ins&gt;to the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;current Tweeter in Chief, &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;social (and sometimes news) networking app Twitter launched way back in 2006&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Donald Trump, though, joined in March 2009, and has tweeted more than 36,000 times since then&lt;/ins&gt;, which &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;works out to more than 300 (sometimes flaming) tweets &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;month. At first glance, it may appear that proof of work’s trial&lt;/ins&gt;-and&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-error architecture naturally entails &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;delay in block production and that, in times of congestion, that delay pushes fees higher&lt;/ins&gt;. This &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;has never been denied that one method is not complete &lt;/ins&gt;and &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;traders are required to use many &lt;/ins&gt;and &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;at sometimes all methods may not be good enough &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;make trading decisions&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;But, in this case&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the lack of liquidity means that there may not be enough sell orders in the order book for the current price range. Consider &lt;/ins&gt;that a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;blockchain designed &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;produce one block per second with 1,000 transactions in each block has &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;very same throughput of &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;blockchain that produces one block per minute &lt;/ins&gt;that &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;is large enough &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;fit 60,000 transactions. Instead, the main determinant of throughput is block size, i.e&lt;/ins&gt;.&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;, the number of bytes (&lt;/ins&gt;and &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;hence, transactions) that can fit into &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;block. Instead, Bitcoin&amp;#039;s value &lt;/ins&gt;is &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;more linked to the economy where it connects to &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&amp;quot;real world&lt;/ins&gt;,&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&amp;quot; such as &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;cost &lt;/ins&gt;of the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;electricity required &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;mine the blocks and the willingness &lt;/ins&gt;of &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;people &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;pay for &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;bitcoins that &lt;/ins&gt;are the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;rewards for &lt;/ins&gt;that &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;work&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;according &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Waterloo&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Bitcoins are valuable because people are willing &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;exchange them for real goods and services, and even cash&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Wites says that victims of bitcoin theft are free to file a claim with the police&lt;/ins&gt;, the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;FBI or &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Securities and Exchange Commission (SEC), but &lt;/ins&gt;that &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;authorities are unlikely &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;pursue cases involving &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;$10,000 or $20&lt;/ins&gt;,&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;000 loss. Readers &lt;/ins&gt;are &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;advised &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;seek expert advice and read offer document(s) along with related important literature on &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;subject carefully before making any kind of investment whatsoever. Financial media eagerly covers each new dramatic high and stomach-churning decline, making Bitcoin &lt;/ins&gt;an &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;inescapable part of &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;landscape. The views expressed are his own &lt;/ins&gt;and &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;do not necessarily reflect those of BTC Media Inc or Bitcoin Magazine. Apart from this&lt;/ins&gt;, the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;developer has also managed to expand till social media by gaining 220 followers on twitter. Making, registering and validating &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;transaction costs very little, computationally. On such platforms, average transaction fees are quite high: around $2 per transaction for Bitcoin, and around $40 per transaction on Ethereum! According &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;a survey done by the Central American University 100 days after the Bitcoin Law came into force: 34&lt;/ins&gt;.&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;8% of &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;population has no confidence in bitcoin, 35.3% has little confidence&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;13&lt;/ins&gt;.&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;2% has some confidence, and 14&lt;/ins&gt;.&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;1% has a lot of confidence&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;To put into perspective&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;users can download &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;wallet software&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;run &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;node&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;and complete transactions with little effort. With &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;little bit of designing skills, you can give yourself &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;good start&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;You can start trading after opening your trading account, and &lt;/ins&gt;they will &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;charge a small fee for &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;services they are providing&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Grid trading bots have the unique advantage &lt;/ins&gt;of &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;turning &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;profit in the time of consolidating and variable markets&lt;/ins&gt;,  바이낸스 OTP &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;(&lt;/ins&gt;[&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;https&lt;/ins&gt;://&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;sdzakaz&lt;/ins&gt;.&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;ru&lt;/ins&gt;/&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;binance-for&lt;/ins&gt;-&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;learners&lt;/ins&gt;-&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;and&lt;/ins&gt;-&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;everybody&lt;/ins&gt;-&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;else&lt;/ins&gt;/ &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;sdzakaz.ru`s blog&lt;/ins&gt;]&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;) where there tends to &lt;/ins&gt;be a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;lot of confusion&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;And it’s expensive because the reward &lt;/ins&gt;for &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;creating a block is significant &lt;/ins&gt;- &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;around $290&lt;/ins&gt;,&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;000 at the time of &lt;/ins&gt;this &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;writing&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Depending on &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;severity &lt;/ins&gt;of &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;these events&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;a transaction that was once in a block might be permanently removed from the blockchain&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;A transaction included in &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;block is not final&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Producing &lt;/ins&gt;work &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;requires miners &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;perform several attempts before finding &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;number that grants them permission &lt;/ins&gt;by the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;protocol &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;add a block &lt;/ins&gt;to the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;blockchain. Critics of proof of work might be tempted &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;claim that an increase in &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;interval between blocks affects settlement time&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;which in turn increases congestion. In theory&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;this could happen multiple times&lt;/ins&gt;-&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;two nodes could discover blocks simultaneously in &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;second round, deepening uncertainty about which chain is &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;legit&lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;e&lt;/ins&gt;&amp;lt;br&amp;gt;.&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;</summary>
		<author><name>IndiraHcb35</name></author>
	</entry>
	<entry>
		<id>https://wiki.tentere.net/index.php?title=Bitcoin_Guide&amp;diff=25836&amp;oldid=prev</id>
		<title>2023年9月27日 (水) 23:02にJensAdame87による</title>
		<link rel="alternate" type="text/html" href="https://wiki.tentere.net/index.php?title=Bitcoin_Guide&amp;diff=25836&amp;oldid=prev"/>
		<updated>2023-09-27T23:02:23Z</updated>

		<summary type="html">&lt;p&gt;&lt;/p&gt;
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				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;← 古い版&lt;/td&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;2023年9月28日 (木) 08:02時点における版&lt;/td&gt;
				&lt;/tr&gt;&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot; id=&quot;mw-diff-left-l1&quot;&gt;1行目:&lt;/td&gt;
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&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;lt;br&amp;gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;The other factor affecting fees &lt;/del&gt;is &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;how long you’ve spent on Binance. We do get &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;factor of 2 or 3 speedup. To make a rough corporate analogy, fees are &amp;quot;revenue&amp;quot; and issued supply &lt;/del&gt;is &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&amp;quot;equity.&amp;quot; Many firms do finance their operations by continually issuing stock, but shareholders generally prefer &lt;/del&gt;not to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;get endlessly diluted&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Following &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;format helps us classify and identify &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;issues, escalate them to our relevant departments and get everyone’s problems resolved. Although it may seem to some a new phenomenon, thanks &lt;/del&gt;to the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;current Tweeter in Chief, &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;social (and sometimes news) networking app Twitter launched way back in 2006&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Donald Trump, though, joined in March 2009, and has tweeted more than 36,000 times since then&lt;/del&gt;, which &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;works out &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;more than 300 (sometimes flaming) tweets a month&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;At first glance, it may appear that proof of work’s trial-&lt;/del&gt;and&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-error architecture naturally entails &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;delay in block production and that, in times of congestion, that delay pushes fees higher&lt;/del&gt;. This &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;has never been denied that one method is not complete &lt;/del&gt;and &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;traders are required &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;use many and at sometimes all methods may not be good enough &lt;/del&gt;to make &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;trading decisions. But&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;in this case&lt;/del&gt;, the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;lack of liquidity means &lt;/del&gt;that &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;there may not &lt;/del&gt;be &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;enough sell orders in the order book for the current price range&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Consider that a blockchain designed to produce one block per second &lt;/del&gt;with &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;1,000 transactions &lt;/del&gt;in &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;each block has the very same throughput of &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;blockchain that produces one block per minute that &lt;/del&gt;is &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;large enough to fit 60,000 transactions. Instead, &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;main determinant &lt;/del&gt;of &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;throughput is block size, i.e.&lt;/del&gt;, the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;number &lt;/del&gt;of &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;bytes (and  바이낸스 KYC 인증 ([https://keromaissaude.com/you-can-thank-us-later-3-reasons&lt;/del&gt;-to&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-cease-desirous-&lt;/del&gt;about&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-binance/ you &lt;/del&gt;could &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;look here]) hence, &lt;/del&gt;transactions&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;) that can fit into a block&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Instead&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Bitcoin&amp;#039;s value is more linked to &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;economy where &lt;/del&gt;it &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;connects &lt;/del&gt;to the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&amp;quot;real world,&amp;quot; such as the cost of the electricity required &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;mine the &lt;/del&gt;blocks &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;and the willingness &lt;/del&gt;of &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;people to pay for the bitcoins that are the rewards for that work, according &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Waterloo&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Bitcoins are valuable because people are willing to exchange them for real goods and services, and even &lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;.&lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Wites says that victims of bitcoin theft &lt;/del&gt;are &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;free &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;file a claim with &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;police, &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;FBI or the Securities &lt;/del&gt;and &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Exchange Commission (SEC&lt;/del&gt;), &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;but that authorities are unlikely &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;pursue cases involving a $10,000 or $20,000 loss&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Readers are advised to seek expert advice and read offer document(s) along with related important literature on &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;subject carefully before &lt;/del&gt;making &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;any kind of investment whatsoever&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Financial media eagerly covers each new dramatic high and stomach-churning decline, making Bitcoin an inescapable part of the landscape&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;The views expressed are his own and do not necessarily reflect those of BTC Media Inc or Bitcoin Magazine&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Apart &lt;/del&gt;from &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;this, &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;developer has also managed &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;expand till social media &lt;/del&gt;by &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;gaining 220 followers on twitter. Making, registering and validating &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;transaction costs very little, computationally&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;On such platforms, average transaction fees are quite high&lt;/del&gt;: &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;around $2 per transaction for Bitcoin, and around $40 per transaction &lt;/del&gt;on &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Ethereum! According to a survey done by the Central American University 100 days after &lt;/del&gt;the Bitcoin &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Law came into force&lt;/del&gt;: &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;34&lt;/del&gt;.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;8% of &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;population has no confidence in bitcoin&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;35&lt;/del&gt;.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;3% has little confidence&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;13&lt;/del&gt;.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;2% has some confidence, and 14&lt;/del&gt;.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;1% has a lot of confid&lt;/del&gt;&amp;lt;br&amp;gt;.&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;To put into perspective&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;users can download a wallet software, run a node, and complete &lt;/del&gt;transactions &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;with little effort. With a little bit of designing skills, you can give yourself a good start. You can start trading after opening your trading account&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;and they will charge a small fee for &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;services they are providing&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Grid trading bots have the unique advantage &lt;/del&gt;of &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;turning a profit in &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;time &lt;/del&gt;of &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;consolidating &lt;/del&gt;and &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;variable markets&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;where there tends &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;be &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;lot of confusion&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;And it’s expensive because &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;reward for creating a block is significant - around $290&lt;/del&gt;,&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;000 at &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;time &lt;/del&gt;of &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;this writing&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Depending on &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;severity of these events&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;a transaction that &lt;/del&gt;was &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;once in a block might be permanently removed from the blockchain&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;A transaction included &lt;/del&gt;in &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;a block is not final. Producing work requires miners to perform several attempts before finding the number that grants them permission by &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;protocol &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;add a block &lt;/del&gt;to the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;blockchain. Critics of proof of work might be tempted &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;claim that an increase in &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;interval between blocks affects settlement time&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;which in turn increases congestion&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;In theory, this could happen multiple times&lt;/del&gt;-&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;two nodes could discover blocks simultaneously in &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;second round, deepening uncertainty about which chain is &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;leg&lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;at&lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;e&lt;/del&gt;.&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;lt;br&amp;gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;What &lt;/ins&gt;is &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the Current Bitcoin Block Reward? Andrew Chow and Raghav Sood clarify that &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;block header’s timestamp field &lt;/ins&gt;is not &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;required &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;have a greater value than previous blocks&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;● Why is block 620826’s timestamp 1 second before block 620825? The requirements are instead that a new block’s timestamp must be greater than &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;median timestamp of the past 11 blocks but no later than two hours after &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;present time according &lt;/ins&gt;to the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;clock on the computer running &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;node&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Anchor commitment transactions can be fee bumped unilaterally by either party&lt;/ins&gt;, which &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;is useful because commitment transactions might be broadcast a long time after they commit &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;their on-chain feerate&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Stack Exchange user Darius asks about the interplay between UTXO selection &lt;/ins&gt;and &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;feerate when constructing &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;transaction&lt;/ins&gt;. This &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;week’s newsletter summarizes several questions and answers from the Bitcoin Stack Exchange &lt;/ins&gt;and &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;describes notable changes &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;popular Bitcoin infrastructure projects. This week’s newsletter describes a proposal &lt;/ins&gt;to make &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;statechains deployable on Bitcoin without consensus changes&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;summarizes a discussion about a schnorr nonce generation function that helps protect against differential power analysis&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;and links to a proposed update to BIP322 generic sign&amp;lt;br&amp;gt;ag&amp;lt;br&amp;gt;&amp;gt;p&amp;gt;&amp;lt;br&amp;gt;87 to update &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;BIP340 specification for schnorr signatures with a recommended nonce generation function &lt;/ins&gt;that &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;claims to &lt;/ins&gt;be &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;more resistant against differential power analysis&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;BIP340 co-author Pieter Wuille replied &lt;/ins&gt;with &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;an explanation: &lt;/ins&gt;in &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;key and signature aggregation where &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;mathematical relationship &lt;/ins&gt;is &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;created between &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;private keys &lt;/ins&gt;of &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;cooperating users&lt;/ins&gt;, the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;attacker-if he’s one &lt;/ins&gt;of &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the cooperating users&lt;/ins&gt;-&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;may be able to combine knowledge of his private key with information learned from power analysis of other users’ signature generation in order &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;learn &lt;/ins&gt;about &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the other users’ private keys. And because these are the same private keys that secure your BTC, this &lt;/ins&gt;could &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;lead to your BTC being stolen. Bitcoin wallets use special codes called private keys to authorize &lt;/ins&gt;transactions. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;However&lt;/ins&gt;, the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;proposal for tapscript would make &lt;/ins&gt;it &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;possible for an attacker &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;use &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;inefficiency &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;create &lt;/ins&gt;blocks &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;with transactions that could take a large amount &lt;/ins&gt;of &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;CPU &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;verify&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;A&amp;lt;br&amp;gt;o&amp;lt;br&amp;gt;eDA&amp;lt;br&amp;gt;t&lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;er?&lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Because anyone who was ever a delegate can trigger an onchain spend, statechains &lt;/ins&gt;are &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;designed &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;use &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;eltoo mechanism to ensure an onchain spend by &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;most recent delegate (Carol) can take precedence over spends by previous delegates (Alice &lt;/ins&gt;and &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Bob&lt;/ins&gt;), &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;assuming the trusted third party hasn’t colluded with a previous delegate &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;cheat&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;A delegated signer can always spend the UTXO onchain without needing permission from &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;trusted third party, arguably &lt;/ins&gt;making &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;statechains less trusted than federated sidechains&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;E&lt;/ins&gt;.&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;g&lt;/ins&gt;.&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;, when Alice receives control over a statechain UTXO, a timelock would prevent her &lt;/ins&gt;from &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;being able to unilaterally spend it onchain for 30 days; when Alice transfers &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;UTXO &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Bob, a timelock would restrict him for only 29 days-this gives a spend &lt;/ins&gt;by &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Bob precedence over &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;spend by Alice&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;● Coinbase withdrawal transactions now using batching&lt;/ins&gt;: &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Coinbase has rolled out batch withdrawals that they estimate will reduce their load &lt;/ins&gt;on the Bitcoin &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;network by 50%. Instead of each withdrawal payment generating a single onchain transaction,  바이낸스 OTP - [http&lt;/ins&gt;:&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;//onicefire&lt;/ins&gt;.&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;com/blog/groups/you-want-binance-smart-chain/ visit &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;following webpage]&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;multiple payments will be combined into a single transaction once every 10 minutes&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;The standardization of these preimage fields was found to be necessary for miniscript-aware finalizers&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;though they can be used by any PSBT finalizer needing to satisfy hash preimage challenges (e&lt;/ins&gt;.&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;g&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;for oncha&amp;lt;br&amp;gt;N&amp;lt;br&amp;gt;mitment&amp;lt;br&amp;gt;n&lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;tions)&lt;/ins&gt;.&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;With this change&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;it becomes possible to fee bump commitment &lt;/ins&gt;transactions &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;that may have been signed days or weeks earlier&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;when &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;current feerates would’ve been hard to predict&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Outside &lt;/ins&gt;of the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;capital &lt;/ins&gt;of &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Addis Ababa, home to 5 million, very few have bank accounts or smartphones. Coinbase allows bank accounts, Visa &lt;/ins&gt;and &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Mastercard debit cards&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;and wireless transfers for payments - though one payment solution must be linked &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;your account before you can make &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;trade&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Does Coinbase work in &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;USA? Toro USA LLC; Investments are subject to market risk&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;including &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;possible loss &lt;/ins&gt;of &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;principal&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Pieter Wuille posted &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;slides from a presentation he gave summarizing progress&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;including text indicating he thought the proposal &lt;/ins&gt;was &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&amp;quot;nearly ready&amp;quot;&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Graftroot improves taproot’s flexibility and scalability by allowing participants &lt;/ins&gt;in the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;script &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;delegate their spending authority &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;other parties, including allowing &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;existing participants &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;impose additional script-based conditions on the delegates-all done offchain and without reducing &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;scalability, privacy&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;and fungibility benefits&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Replace the 2-of&lt;/ins&gt;-&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;2 schnorr multisig between &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;trusted third party and &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;current delegate (using an adaptor signature) with a single-sig &lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;g secure multi&lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;y computation&lt;/ins&gt;.&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;</summary>
		<author><name>JensAdame87</name></author>
	</entry>
	<entry>
		<id>https://wiki.tentere.net/index.php?title=Bitcoin_Guide&amp;diff=20761&amp;oldid=prev</id>
		<title>2023年9月26日 (火) 03:58にFriedaWahlによる</title>
		<link rel="alternate" type="text/html" href="https://wiki.tentere.net/index.php?title=Bitcoin_Guide&amp;diff=20761&amp;oldid=prev"/>
		<updated>2023-09-26T03:58:21Z</updated>

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				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;← 古い版&lt;/td&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;2023年9月26日 (火) 12:58時点における版&lt;/td&gt;
				&lt;/tr&gt;&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot; id=&quot;mw-diff-left-l1&quot;&gt;1行目:&lt;/td&gt;
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&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;lt;br&amp;gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;What &lt;/del&gt;is &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the Current Bitcoin Block Reward? Andrew Chow &lt;/del&gt;and &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Raghav Sood clarify that a block header’s timestamp field &lt;/del&gt;is not &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;required &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;have a greater value than previous blocks&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;● Why is block 620826’s timestamp 1 second before block 620825? The requirements are instead that &lt;/del&gt;a new &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;block’s timestamp must be greater than the median timestamp of the past 11 blocks but no later than two hours after the present time according &lt;/del&gt;to the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;clock on &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;computer running the node&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Anchor commitment transactions can be fee bumped unilaterally by either party&lt;/del&gt;, which &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;is useful because commitment transactions might be broadcast &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;long time after they commit to their on&lt;/del&gt;-&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;chain feerate. Stack Exchange user Darius asks about the interplay between UTXO selection &lt;/del&gt;and &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;feerate when constructing &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;transaction&lt;/del&gt;. This &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;week’s newsletter summarizes several questions &lt;/del&gt;and &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;answers from the Bitcoin Stack Exchange &lt;/del&gt;and &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;describes notable changes &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;popular Bitcoin infrastructure projects&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;This week’s newsletter describes a proposal to make statechains deployable on Bitcoin without consensus changes&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;summarizes a discussion about a schnorr nonce generation function &lt;/del&gt;that &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;helps protect against differential power analysis, and links to a proposed update to BIP322 generic sign&amp;lt;br&amp;gt;ag&amp;lt;br&amp;gt;&amp;gt;p&amp;gt;&amp;lt;br&amp;gt;87 to update &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;BIP340 specification &lt;/del&gt;for &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;schnorr signatures with &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;recommended nonce generation function that claims &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;be more resistant against differential power analysis. BIP340 co-author Pieter Wuille replied &lt;/del&gt;with &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;an explanation: &lt;/del&gt;in &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;key and signature aggregation where &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;mathematical relationship &lt;/del&gt;is &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;created between &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;private keys &lt;/del&gt;of &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;cooperating users&lt;/del&gt;, the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;attacker&lt;/del&gt;-&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;if he’s one of the cooperating users&lt;/del&gt;-&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;may be able &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;combine knowledge of his private key with information learned from power analysis of other users’ signature generation in order to learn &lt;/del&gt;about &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the other users’ private keys&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;And because these are the same private keys that secure your BTC&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;this could lead to your BTC being stolen. &lt;/del&gt;Bitcoin &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;wallets use special codes called private keys &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;authorize transactions. However, &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;proposal for tapscript would make &lt;/del&gt;it &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;possible for an attacker &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;use &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;inefficiency &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;create &lt;/del&gt;blocks &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;with transactions &lt;/del&gt;that &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;could take a large amount of CPU &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;verify&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;A&lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;o&lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;eDA&amp;lt;br&amp;gt;t&amp;lt;br&amp;gt;er?&amp;lt;br&amp;gt;Because anyone who was ever &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;delegate can trigger an onchain spend&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;statechains are designed to use &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;eltoo mechanism to ensure an onchain spend by &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;most recent delegate &lt;/del&gt;(&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Carol&lt;/del&gt;) &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;can take precedence over spends by previous delegates &lt;/del&gt;(&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Alice and Bob&lt;/del&gt;)&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;, assuming &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;trusted third party hasn’t colluded with a previous delegate to cheat&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;A delegated signer can always spend the UTXO onchain without needing permission from the trusted third party&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;arguably &lt;/del&gt;making &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;statechains less trusted than federated sidechains&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;E&lt;/del&gt;.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;g&lt;/del&gt;., &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;when Alice receives control over &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;statechain UTXO&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;a timelock would prevent her from being able to unilaterally spend it onchain &lt;/del&gt;for &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;30 days; when Alice transfers the UTXO &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Bob, &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;timelock would restrict him for only 29 &lt;/del&gt;days&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-this gives a spend by Bob precedence over a spend by Alice. ● Coinbase withdrawal transactions now using batching: Coinbase has rolled out batch withdrawals that they estimate will reduce their load on &lt;/del&gt;the Bitcoin &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;network by 50&lt;/del&gt;%&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;. Instead &lt;/del&gt;of &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;each withdrawal payment generating a single onchain transaction&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;multiple payments will be combined into a single transaction once every 10 minutes&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;The standardization of these preimage fields was found to be necessary for miniscript-aware finalizers&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;though they can be used by any PSBT finalizer needing to satisfy hash preimage challenges (e&lt;/del&gt;.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;g&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;for onchain&lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;c&lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;tment &amp;lt;br&amp;gt;s&amp;lt;br&amp;gt;ions)&lt;/del&gt;.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&amp;lt;br&amp;gt;&lt;/del&gt;With &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;this change&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;it becomes possible to &lt;/del&gt;fee &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;bump commitment transactions that may &lt;/del&gt;have &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;been signed days or weeks earlier, when &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;current feerates would’ve been hard to predict. Outside &lt;/del&gt;of the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;capital &lt;/del&gt;of &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Addis Ababa&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;home &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;5 million, very few have bank accounts or smartphones. Coinbase allows bank accounts, Visa and Mastercard debit cards, and wireless transfers for payments - though one payment solution must &lt;/del&gt;be &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;linked to your account before you can make &lt;/del&gt;a &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;trade&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Does Coinbase work in &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;USA? Toro USA LLC; Investments are subject to market risk&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;including &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;possible loss &lt;/del&gt;of &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;principal&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Pieter Wuille posted &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;slides &lt;/del&gt;from &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;a presentation he gave summarizing progress, including text indicating he thought &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;proposal was &amp;quot;nearly ready&amp;quot;&lt;/del&gt;. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Graftroot improves taproot’s flexibility and  바이낸스 OTP분실 해결 ([https://www&lt;/del&gt;.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;laptop-computer-check.com/you-want-b.html www.laptop-computer-check.com]) scalability &lt;/del&gt;by &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;allowing participants in &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;script &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;delegate their spending authority &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;other parties, including allowing &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;existing participants &lt;/del&gt;to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;impose additional script-based conditions on &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;delegates-all done offchain and without reducing the scalability&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;privacy&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;and fungibility benefits. Replace the 2&lt;/del&gt;-&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;of-2 schnorr multisig between &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;trusted third party and &lt;/del&gt;the &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;current delegate (using an adaptor signature) with a single-si&lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;ing secure mult&lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;ty computation&lt;/del&gt;.&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;lt;br&amp;gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;The other factor affecting fees &lt;/ins&gt;is &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;how long you’ve spent on Binance. We do get a factor of 2 or 3 speedup. To make a rough corporate analogy, fees are &amp;quot;revenue&amp;quot; &lt;/ins&gt;and &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;issued supply &lt;/ins&gt;is &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&amp;quot;equity.&amp;quot; Many firms do finance their operations by continually issuing stock, but shareholders generally prefer &lt;/ins&gt;not to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;get endlessly diluted. Following the format helps us classify and identify the issues, escalate them to our relevant departments and get everyone’s problems resolved&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Although it may seem to some &lt;/ins&gt;a new &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;phenomenon, thanks &lt;/ins&gt;to the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;current Tweeter in Chief, &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;social (and sometimes news) networking app Twitter launched way back in 2006&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Donald Trump, though, joined in March 2009, and has tweeted more than 36,000 times since then&lt;/ins&gt;, which &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;works out to more than 300 (sometimes flaming) tweets &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;month. At first glance, it may appear that proof of work’s trial&lt;/ins&gt;-and&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-error architecture naturally entails &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;delay in block production and that, in times of congestion, that delay pushes fees higher&lt;/ins&gt;. This &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;has never been denied that one method is not complete &lt;/ins&gt;and &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;traders are required to use many &lt;/ins&gt;and &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;at sometimes all methods may not be good enough &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;make trading decisions&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;But, in this case&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the lack of liquidity means &lt;/ins&gt;that &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;there may not be enough sell orders in &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;order book &lt;/ins&gt;for &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the current price range. Consider that &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;blockchain designed &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;produce one block per second &lt;/ins&gt;with &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;1,000 transactions &lt;/ins&gt;in &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;each block has the very same throughput of &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;blockchain that produces one block per minute that &lt;/ins&gt;is &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;large enough to fit 60,000 transactions. Instead, &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;main determinant &lt;/ins&gt;of &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;throughput is block size, i.e.&lt;/ins&gt;, the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;number of bytes (and  바이낸스 KYC 인증 ([https://keromaissaude.com/you-can-thank-us-later&lt;/ins&gt;-&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;3-reasons&lt;/ins&gt;-to&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-cease-desirous-&lt;/ins&gt;about&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-binance/ you could look here]) hence, transactions) that can fit into a block&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Instead&lt;/ins&gt;, Bitcoin&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&amp;#039;s value is more linked &lt;/ins&gt;to the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;economy where &lt;/ins&gt;it &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;connects &lt;/ins&gt;to the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&amp;quot;real world,&amp;quot; such as the cost of the electricity required &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;mine the &lt;/ins&gt;blocks &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;and the willingness of people to pay for the bitcoins that are the rewards for &lt;/ins&gt;that &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;work, according &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Waterloo&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Bitcoins are valuable because people are willing to exchange them for real goods and services, and even &lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;.&lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Wites says that victims of bitcoin theft are free to file &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;claim with the police&lt;/ins&gt;, the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;FBI or &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Securities and Exchange Commission &lt;/ins&gt;(&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;SEC&lt;/ins&gt;)&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;, but that authorities are unlikely to pursue cases involving a $10,000 or $20,000 loss. Readers are advised to seek expert advice and read offer document&lt;/ins&gt;(&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;s&lt;/ins&gt;) &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;along with related important literature on &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;subject carefully before making any kind of investment whatsoever&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Financial media eagerly covers each new dramatic high and stomach-churning decline&lt;/ins&gt;, making &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Bitcoin an inescapable part of the landscape&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;The views expressed are his own and do not necessarily reflect those of BTC Media Inc or Bitcoin Magazine&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Apart from this, the developer has also managed to expand till social media by gaining 220 followers on twitter&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Making&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;registering and validating &lt;/ins&gt;a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;transaction costs very little, computationally. On such platforms&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;average transaction fees are quite high: around $2 per transaction &lt;/ins&gt;for &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Bitcoin, and around $40 per transaction on Ethereum! According &lt;/ins&gt;to a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;survey done by the Central American University 100 &lt;/ins&gt;days &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;after &lt;/ins&gt;the Bitcoin &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Law came into force: 34.8&lt;/ins&gt;% of &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the population has no confidence in bitcoin&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;35&lt;/ins&gt;.&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;3% has little confidence&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;13&lt;/ins&gt;.&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;2% has some confidence, and 14&lt;/ins&gt;.&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;1% has a lot of confid&lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;.&lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;To put into perspective, users can download a wallet software, run a node, and complete transactions with little effort&lt;/ins&gt;. With &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;a little bit of designing skills, you can give yourself a good start. You can start trading after opening your trading account&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;and they will charge a small &lt;/ins&gt;fee &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;for the services they are providing. Grid trading bots &lt;/ins&gt;have the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;unique advantage &lt;/ins&gt;of &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;turning a profit in &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;time &lt;/ins&gt;of &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;consolidating and variable markets&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;where there tends &lt;/ins&gt;to be a &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;lot of confusion&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;And it’s expensive because &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;reward for creating a block is significant - around $290&lt;/ins&gt;,&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;000 at &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;time &lt;/ins&gt;of &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;this writing&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Depending on &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;severity of these events, a transaction that was once in a block might be permanently removed &lt;/ins&gt;from the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;blockchain&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;A transaction included in a block is not final&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Producing work requires miners to perform several attempts before finding the number that grants them permission &lt;/ins&gt;by the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;protocol &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;add a block &lt;/ins&gt;to the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;blockchain. Critics of proof of work might be tempted &lt;/ins&gt;to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;claim that an increase in &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;interval between blocks affects settlement time&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;which in turn increases congestion. In theory&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;this could happen multiple times&lt;/ins&gt;-&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;two nodes could discover blocks simultaneously in &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;second round, deepening uncertainty about which chain is &lt;/ins&gt;the &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;leg&lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;at&lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;e&lt;/ins&gt;.&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;</summary>
		<author><name>FriedaWahl</name></author>
	</entry>
	<entry>
		<id>https://wiki.tentere.net/index.php?title=Bitcoin_Guide&amp;diff=20098&amp;oldid=prev</id>
		<title>2023年9月25日 (月) 21:22にJulissaElkingtonによる</title>
		<link rel="alternate" type="text/html" href="https://wiki.tentere.net/index.php?title=Bitcoin_Guide&amp;diff=20098&amp;oldid=prev"/>
		<updated>2023-09-25T21:22:21Z</updated>

		<summary type="html">&lt;p&gt;&lt;/p&gt;
&lt;table style=&quot;background-color: #fff; color: #202122;&quot; data-mw=&quot;interface&quot;&gt;
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				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;← 古い版&lt;/td&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;2023年9月26日 (火) 06:22時点における版&lt;/td&gt;
				&lt;/tr&gt;&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot; id=&quot;mw-diff-left-l1&quot;&gt;1行目:&lt;/td&gt;
&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot;&gt;1行目:&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;lt;br&amp;gt; What is the Current Bitcoin Block Reward? Andrew Chow and Raghav Sood clarify that a block header’s timestamp field is not required to have a greater value than previous blocks. ● Why is block 620826’s timestamp 1 second before block 620825? The requirements are instead that a new block’s timestamp must be greater than the median timestamp of the past 11 blocks but no later than two hours after the present time according to the clock on the computer running the node. Anchor commitment transactions can be fee bumped unilaterally by either party, which is useful because commitment transactions might be broadcast a long time after they commit to their on-chain feerate. Stack Exchange user Darius asks about the interplay between UTXO selection and feerate when constructing a transaction. This week’s newsletter summarizes several questions and answers from the Bitcoin Stack Exchange and describes notable changes to popular Bitcoin infrastructure projects. This week’s newsletter describes a proposal to make statechains deployable on Bitcoin without consensus changes, summarizes a discussion about a schnorr nonce generation function that helps protect against differential power analysis, and links to a proposed update to BIP322 generic sign&amp;lt;br&amp;gt;ag&amp;lt;br&amp;gt;&amp;gt;p&amp;gt;&amp;lt;br&amp;gt;87 to update the BIP340 specification for schnorr signatures with a recommended nonce generation function that claims to be more resistant against differential power analysis. BIP340 co-author Pieter Wuille replied with an explanation: in key and signature aggregation where a mathematical relationship is created between the private keys of cooperating users, the attacker-if he’s one of the cooperating users-may be able to combine knowledge of his private key with information learned from power analysis of other users’ signature generation in order to learn about the other users’ private keys. And because these are the same private keys that secure your BTC, this could lead to your BTC being stolen. Bitcoin wallets use special codes called private keys to authorize transactions. However, the proposal for tapscript would make it possible for an attacker to use the inefficiency to create blocks with transactions that could take a large amount of CPU to verify. A&amp;lt;br&amp;gt;o&amp;lt;br&amp;gt;eDA&amp;lt;br&amp;gt;t&amp;lt;br&amp;gt;er?&amp;lt;br&amp;gt;Because anyone who was ever a delegate can trigger an onchain spend, statechains are designed to use the eltoo mechanism to ensure an onchain spend by the most recent delegate (Carol) can take precedence over spends by previous delegates (Alice and Bob), assuming the trusted third party hasn’t colluded with a previous delegate to cheat. A delegated signer can always spend the UTXO onchain without needing permission from the trusted third party, arguably making statechains less trusted than federated sidechains. E.g., when Alice receives control over a statechain UTXO, a timelock would prevent her from being able to unilaterally spend it onchain for 30 days; when Alice transfers the UTXO to Bob, a timelock would restrict him for only 29 days-this gives a spend by Bob precedence over a spend by Alice. ● Coinbase withdrawal transactions now using batching: Coinbase has rolled out batch withdrawals that they estimate will reduce their load on the Bitcoin network by 50%. Instead of each withdrawal payment generating a single onchain transaction, multiple payments will be combined into a single transaction once every 10 minutes. The standardization of these preimage fields was found to be necessary for miniscript-aware finalizers, though they can be used by any PSBT finalizer needing to satisfy hash preimage challenges (e.g. for onchain&amp;lt;br&amp;gt;c&amp;lt;br&amp;gt;tment &amp;lt;br&amp;gt;s&amp;lt;br&amp;gt;ions).&amp;lt;br&amp;gt;With this change, it becomes possible to fee bump commitment transactions that may have been signed days or weeks earlier, when the current feerates would’ve been hard to predict. Outside of the capital of Addis Ababa, home to 5 million, very few have bank accounts or smartphones. Coinbase allows bank accounts, Visa and Mastercard debit cards, and wireless transfers for payments - though one payment solution must be linked to your account before you can make a trade. Does Coinbase work in the USA? Toro USA LLC; Investments are subject to market risk, including the possible loss of principal. Pieter Wuille posted the slides from a presentation he gave summarizing progress, including text indicating he thought the proposal was &amp;quot;nearly ready&amp;quot;. Graftroot improves taproot’s flexibility and scalability by allowing participants in the script to delegate their spending authority to other parties, including allowing the existing participants to impose additional script-based conditions on the delegates-all done offchain and without reducing the scalability, privacy, and fungibility benefits. Replace the 2-of-2 schnorr multisig between the trusted third party and &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt; [https://casarurallamolinera.com/lies-youve-been-told-about-binance/ 바이낸스 보안설정] &lt;/del&gt;the current delegate (using an adaptor signature) with a single-si&amp;lt;br&amp;gt;ing secure mult&amp;lt;br&amp;gt;ty computation.&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;lt;br&amp;gt; What is the Current Bitcoin Block Reward? Andrew Chow and Raghav Sood clarify that a block header’s timestamp field is not required to have a greater value than previous blocks. ● Why is block 620826’s timestamp 1 second before block 620825? The requirements are instead that a new block’s timestamp must be greater than the median timestamp of the past 11 blocks but no later than two hours after the present time according to the clock on the computer running the node. Anchor commitment transactions can be fee bumped unilaterally by either party, which is useful because commitment transactions might be broadcast a long time after they commit to their on-chain feerate. Stack Exchange user Darius asks about the interplay between UTXO selection and feerate when constructing a transaction. This week’s newsletter summarizes several questions and answers from the Bitcoin Stack Exchange and describes notable changes to popular Bitcoin infrastructure projects. This week’s newsletter describes a proposal to make statechains deployable on Bitcoin without consensus changes, summarizes a discussion about a schnorr nonce generation function that helps protect against differential power analysis, and links to a proposed update to BIP322 generic sign&amp;lt;br&amp;gt;ag&amp;lt;br&amp;gt;&amp;gt;p&amp;gt;&amp;lt;br&amp;gt;87 to update the BIP340 specification for schnorr signatures with a recommended nonce generation function that claims to be more resistant against differential power analysis. BIP340 co-author Pieter Wuille replied with an explanation: in key and signature aggregation where a mathematical relationship is created between the private keys of cooperating users, the attacker-if he’s one of the cooperating users-may be able to combine knowledge of his private key with information learned from power analysis of other users’ signature generation in order to learn about the other users’ private keys. And because these are the same private keys that secure your BTC, this could lead to your BTC being stolen. Bitcoin wallets use special codes called private keys to authorize transactions. However, the proposal for tapscript would make it possible for an attacker to use the inefficiency to create blocks with transactions that could take a large amount of CPU to verify. A&amp;lt;br&amp;gt;o&amp;lt;br&amp;gt;eDA&amp;lt;br&amp;gt;t&amp;lt;br&amp;gt;er?&amp;lt;br&amp;gt;Because anyone who was ever a delegate can trigger an onchain spend, statechains are designed to use the eltoo mechanism to ensure an onchain spend by the most recent delegate (Carol) can take precedence over spends by previous delegates (Alice and Bob), assuming the trusted third party hasn’t colluded with a previous delegate to cheat. A delegated signer can always spend the UTXO onchain without needing permission from the trusted third party, arguably making statechains less trusted than federated sidechains. E.g., when Alice receives control over a statechain UTXO, a timelock would prevent her from being able to unilaterally spend it onchain for 30 days; when Alice transfers the UTXO to Bob, a timelock would restrict him for only 29 days-this gives a spend by Bob precedence over a spend by Alice. ● Coinbase withdrawal transactions now using batching: Coinbase has rolled out batch withdrawals that they estimate will reduce their load on the Bitcoin network by 50%. Instead of each withdrawal payment generating a single onchain transaction, multiple payments will be combined into a single transaction once every 10 minutes. The standardization of these preimage fields was found to be necessary for miniscript-aware finalizers, though they can be used by any PSBT finalizer needing to satisfy hash preimage challenges (e.g. for onchain&amp;lt;br&amp;gt;c&amp;lt;br&amp;gt;tment &amp;lt;br&amp;gt;s&amp;lt;br&amp;gt;ions).&amp;lt;br&amp;gt;With this change, it becomes possible to fee bump commitment transactions that may have been signed days or weeks earlier, when the current feerates would’ve been hard to predict. Outside of the capital of Addis Ababa, home to 5 million, very few have bank accounts or smartphones. Coinbase allows bank accounts, Visa and Mastercard debit cards, and wireless transfers for payments - though one payment solution must be linked to your account before you can make a trade. Does Coinbase work in the USA? Toro USA LLC; Investments are subject to market risk, including the possible loss of principal. Pieter Wuille posted the slides from a presentation he gave summarizing progress, including text indicating he thought the proposal was &amp;quot;nearly ready&amp;quot;. Graftroot improves taproot’s flexibility and &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt; 바이낸스 OTP분실 해결 ([https://www.laptop-computer-check.com/you-want-b.html www.laptop-computer-check.com]) &lt;/ins&gt;scalability by allowing participants in the script to delegate their spending authority to other parties, including allowing the existing participants to impose additional script-based conditions on the delegates-all done offchain and without reducing the scalability, privacy, and fungibility benefits. Replace the 2-of-2 schnorr multisig between the trusted third party and the current delegate (using an adaptor signature) with a single-si&amp;lt;br&amp;gt;ing secure mult&amp;lt;br&amp;gt;ty computation.&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;</summary>
		<author><name>JulissaElkington</name></author>
	</entry>
	<entry>
		<id>https://wiki.tentere.net/index.php?title=Bitcoin_Guide&amp;diff=14013&amp;oldid=prev</id>
		<title>2023年9月23日 (土) 13:21にJacquelynCorbinによる</title>
		<link rel="alternate" type="text/html" href="https://wiki.tentere.net/index.php?title=Bitcoin_Guide&amp;diff=14013&amp;oldid=prev"/>
		<updated>2023-09-23T13:21:27Z</updated>

		<summary type="html">&lt;p&gt;&lt;/p&gt;
&lt;table style=&quot;background-color: #fff; color: #202122;&quot; data-mw=&quot;interface&quot;&gt;
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				&lt;col class=&quot;diff-content&quot; /&gt;
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				&lt;tr class=&quot;diff-title&quot; lang=&quot;ja&quot;&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;← 古い版&lt;/td&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;2023年9月23日 (土) 22:21時点における版&lt;/td&gt;
				&lt;/tr&gt;&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot; id=&quot;mw-diff-left-l1&quot;&gt;1行目:&lt;/td&gt;
&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot;&gt;1行目:&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;lt;br&amp;gt; What is the Current Bitcoin Block Reward? Andrew Chow and Raghav Sood clarify that a block header’s timestamp field is not required to have a greater value than previous blocks. ● Why is block 620826’s timestamp 1 second before block 620825? The requirements are instead that a new block’s timestamp must be greater than the median timestamp of the past 11 blocks but no later than two hours after the present time according to the clock on the computer running the node. Anchor commitment transactions can be fee bumped unilaterally by either party, which is useful because commitment transactions might be broadcast a long time after they commit to their on-chain feerate. Stack Exchange user Darius asks about the interplay between UTXO selection and feerate when constructing a transaction. This week’s newsletter summarizes several questions and answers from the Bitcoin Stack Exchange and describes notable changes to popular Bitcoin infrastructure projects. This week’s newsletter describes a proposal to make statechains deployable on Bitcoin without consensus changes, summarizes a discussion about a schnorr nonce generation function that helps protect against differential power analysis, and links to a proposed update to BIP322 generic sign&amp;lt;br&amp;gt;ag&amp;lt;br&amp;gt;&amp;gt;p&amp;gt;&amp;lt;br&amp;gt;87 to update the BIP340 specification for schnorr signatures with a recommended nonce generation function that claims to be more resistant against differential power analysis. BIP340 co-author Pieter Wuille replied with an explanation: &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt; [https://www.ceur.edu.mx/blog/index.php?entryid=229237 바이낸스 OTP분실 해결] &lt;/del&gt;in key and signature aggregation where a mathematical relationship is created between the private keys of cooperating users, the attacker-if he’s one of the cooperating users-may be able to combine knowledge of his private key with information learned from power analysis of other users’ signature generation in order to learn about the other users’ private keys. And because these are the same private keys that secure your BTC, this could lead to your BTC being stolen. Bitcoin wallets use special codes called private keys to authorize transactions. However, the proposal for tapscript would make it possible for an attacker to use the inefficiency to create blocks with transactions that could take a large amount of CPU to &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;verif&lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;r&lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;u The&lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;a&lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;cker&lt;/del&gt;?&amp;lt;br&amp;gt;Because anyone who was ever a delegate can trigger an onchain spend, statechains are designed to use the eltoo mechanism to ensure an onchain spend by the most recent delegate (Carol) can take precedence over spends by previous delegates (Alice and Bob), assuming the trusted third party hasn’t colluded with a previous delegate to cheat. A delegated signer can always spend the UTXO onchain without needing permission from the trusted third party, arguably making statechains less trusted than federated sidechains. E.g., when Alice receives control over a statechain UTXO, a timelock would prevent her from being able to unilaterally spend it onchain for 30 days; when Alice transfers the UTXO to Bob, a timelock would restrict him for only 29 days-this gives a spend by Bob precedence over a spend by Alice. ● Coinbase withdrawal transactions now using batching: Coinbase has rolled out batch withdrawals that they estimate will reduce their load on the Bitcoin network by 50%. Instead of each withdrawal payment generating a single onchain transaction, multiple payments will be combined into a single transaction once every 10 minutes. The standardization of these preimage fields was found to be necessary for miniscript-aware finalizers, though they can be used by any PSBT finalizer needing to satisfy hash preimage challenges (e.g. for &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;onc&lt;/del&gt;&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;ommitmen&lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;a&lt;/del&gt;&amp;lt;br&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;ctions&lt;/del&gt;).&amp;lt;br&amp;gt;With this change, it becomes possible to fee bump commitment transactions that may have been signed days or weeks earlier, when the current feerates would’ve been hard to predict. Outside of the capital of Addis Ababa, home to 5 million, very few have bank accounts or smartphones. Coinbase allows bank accounts, Visa and Mastercard debit cards, and wireless transfers for payments - though one payment solution must be linked to your account before you can make a trade. Does Coinbase work in the USA? Toro USA LLC; Investments are subject to market risk, including the possible loss of principal. Pieter Wuille posted the slides from a presentation he gave summarizing progress, including text indicating he thought the proposal was &amp;quot;nearly ready&amp;quot;. Graftroot improves taproot’s flexibility and scalability by allowing participants in the script to delegate their spending authority to other parties, including allowing the existing participants to impose additional script-based conditions on the delegates-all done offchain and without reducing the scalability, privacy, and fungibility benefits. Replace the 2-of-2 schnorr multisig between the trusted third party and the current delegate (using an adaptor signature) with a single-si&amp;lt;br&amp;gt;ing secure mult&amp;lt;br&amp;gt;ty computation.&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;lt;br&amp;gt; What is the Current Bitcoin Block Reward? Andrew Chow and Raghav Sood clarify that a block header’s timestamp field is not required to have a greater value than previous blocks. ● Why is block 620826’s timestamp 1 second before block 620825? The requirements are instead that a new block’s timestamp must be greater than the median timestamp of the past 11 blocks but no later than two hours after the present time according to the clock on the computer running the node. Anchor commitment transactions can be fee bumped unilaterally by either party, which is useful because commitment transactions might be broadcast a long time after they commit to their on-chain feerate. Stack Exchange user Darius asks about the interplay between UTXO selection and feerate when constructing a transaction. This week’s newsletter summarizes several questions and answers from the Bitcoin Stack Exchange and describes notable changes to popular Bitcoin infrastructure projects. This week’s newsletter describes a proposal to make statechains deployable on Bitcoin without consensus changes, summarizes a discussion about a schnorr nonce generation function that helps protect against differential power analysis, and links to a proposed update to BIP322 generic sign&amp;lt;br&amp;gt;ag&amp;lt;br&amp;gt;&amp;gt;p&amp;gt;&amp;lt;br&amp;gt;87 to update the BIP340 specification for schnorr signatures with a recommended nonce generation function that claims to be more resistant against differential power analysis. BIP340 co-author Pieter Wuille replied with an explanation: in key and signature aggregation where a mathematical relationship is created between the private keys of cooperating users, the attacker-if he’s one of the cooperating users-may be able to combine knowledge of his private key with information learned from power analysis of other users’ signature generation in order to learn about the other users’ private keys. And because these are the same private keys that secure your BTC, this could lead to your BTC being stolen. Bitcoin wallets use special codes called private keys to authorize transactions. However, the proposal for tapscript would make it possible for an attacker to use the inefficiency to create blocks with transactions that could take a large amount of CPU to &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;verify. A&lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;o&lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;eDA&lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;t&lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;er&lt;/ins&gt;?&amp;lt;br&amp;gt;Because anyone who was ever a delegate can trigger an onchain spend, statechains are designed to use the eltoo mechanism to ensure an onchain spend by the most recent delegate (Carol) can take precedence over spends by previous delegates (Alice and Bob), assuming the trusted third party hasn’t colluded with a previous delegate to cheat. A delegated signer can always spend the UTXO onchain without needing permission from the trusted third party, arguably making statechains less trusted than federated sidechains. E.g., when Alice receives control over a statechain UTXO, a timelock would prevent her from being able to unilaterally spend it onchain for 30 days; when Alice transfers the UTXO to Bob, a timelock would restrict him for only 29 days-this gives a spend by Bob precedence over a spend by Alice. ● Coinbase withdrawal transactions now using batching: Coinbase has rolled out batch withdrawals that they estimate will reduce their load on the Bitcoin network by 50%. Instead of each withdrawal payment generating a single onchain transaction, multiple payments will be combined into a single transaction once every 10 minutes. The standardization of these preimage fields was found to be necessary for miniscript-aware finalizers, though they can be used by any PSBT finalizer needing to satisfy hash preimage challenges (e.g. for &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;onchain&lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;c&lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;tment &lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;s&lt;/ins&gt;&amp;lt;br&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;ions&lt;/ins&gt;).&amp;lt;br&amp;gt;With this change, it becomes possible to fee bump commitment transactions that may have been signed days or weeks earlier, when the current feerates would’ve been hard to predict. Outside of the capital of Addis Ababa, home to 5 million, very few have bank accounts or smartphones. Coinbase allows bank accounts, Visa and Mastercard debit cards, and wireless transfers for payments - though one payment solution must be linked to your account before you can make a trade. Does Coinbase work in the USA? Toro USA LLC; Investments are subject to market risk, including the possible loss of principal. Pieter Wuille posted the slides from a presentation he gave summarizing progress, including text indicating he thought the proposal was &amp;quot;nearly ready&amp;quot;. Graftroot improves taproot’s flexibility and scalability by allowing participants in the script to delegate their spending authority to other parties, including allowing the existing participants to impose additional script-based conditions on the delegates-all done offchain and without reducing the scalability, privacy, and fungibility benefits. Replace the 2-of-2 schnorr multisig between the trusted third party and &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt; [https://casarurallamolinera.com/lies-youve-been-told-about-binance/ 바이낸스 보안설정] &lt;/ins&gt;the current delegate (using an adaptor signature) with a single-si&amp;lt;br&amp;gt;ing secure mult&amp;lt;br&amp;gt;ty computation.&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;</summary>
		<author><name>JacquelynCorbin</name></author>
	</entry>
	<entry>
		<id>https://wiki.tentere.net/index.php?title=Bitcoin_Guide&amp;diff=13865&amp;oldid=prev</id>
		<title>TrenaElston8: ページの作成:「&lt;br&gt; What is the Current Bitcoin Block Reward? Andrew Chow and Raghav Sood clarify that a block header’s timestamp field is not required to have a greater value than previous blocks. ● Why is block 620826’s timestamp 1 second before block 620825? The requirements are instead that a new block’s timestamp must be greater than the median timestamp of the past 11 blocks but no later than two hours after the present time according to the clock on the computer run…」</title>
		<link rel="alternate" type="text/html" href="https://wiki.tentere.net/index.php?title=Bitcoin_Guide&amp;diff=13865&amp;oldid=prev"/>
		<updated>2023-09-23T12:10:22Z</updated>

		<summary type="html">&lt;p&gt;ページの作成:「&amp;lt;br&amp;gt; What is the Current Bitcoin Block Reward? Andrew Chow and Raghav Sood clarify that a block header’s timestamp field is not required to have a greater value than previous blocks. ● Why is block 620826’s timestamp 1 second before block 620825? The requirements are instead that a new block’s timestamp must be greater than the median timestamp of the past 11 blocks but no later than two hours after the present time according to the clock on the computer run…」&lt;/p&gt;
&lt;p&gt;&lt;b&gt;新規ページ&lt;/b&gt;&lt;/p&gt;&lt;div&gt;&amp;lt;br&amp;gt; What is the Current Bitcoin Block Reward? Andrew Chow and Raghav Sood clarify that a block header’s timestamp field is not required to have a greater value than previous blocks. ● Why is block 620826’s timestamp 1 second before block 620825? The requirements are instead that a new block’s timestamp must be greater than the median timestamp of the past 11 blocks but no later than two hours after the present time according to the clock on the computer running the node. Anchor commitment transactions can be fee bumped unilaterally by either party, which is useful because commitment transactions might be broadcast a long time after they commit to their on-chain feerate. Stack Exchange user Darius asks about the interplay between UTXO selection and feerate when constructing a transaction. This week’s newsletter summarizes several questions and answers from the Bitcoin Stack Exchange and describes notable changes to popular Bitcoin infrastructure projects. This week’s newsletter describes a proposal to make statechains deployable on Bitcoin without consensus changes, summarizes a discussion about a schnorr nonce generation function that helps protect against differential power analysis, and links to a proposed update to BIP322 generic sign&amp;lt;br&amp;gt;ag&amp;lt;br&amp;gt;&amp;gt;p&amp;gt;&amp;lt;br&amp;gt;87 to update the BIP340 specification for schnorr signatures with a recommended nonce generation function that claims to be more resistant against differential power analysis. BIP340 co-author Pieter Wuille replied with an explanation:  [https://www.ceur.edu.mx/blog/index.php?entryid=229237 바이낸스 OTP분실 해결] in key and signature aggregation where a mathematical relationship is created between the private keys of cooperating users, the attacker-if he’s one of the cooperating users-may be able to combine knowledge of his private key with information learned from power analysis of other users’ signature generation in order to learn about the other users’ private keys. And because these are the same private keys that secure your BTC, this could lead to your BTC being stolen. Bitcoin wallets use special codes called private keys to authorize transactions. However, the proposal for tapscript would make it possible for an attacker to use the inefficiency to create blocks with transactions that could take a large amount of CPU to verif&amp;lt;br&amp;gt;r&amp;lt;br&amp;gt;u The&amp;lt;br&amp;gt;a&amp;lt;br&amp;gt;cker?&amp;lt;br&amp;gt;Because anyone who was ever a delegate can trigger an onchain spend, statechains are designed to use the eltoo mechanism to ensure an onchain spend by the most recent delegate (Carol) can take precedence over spends by previous delegates (Alice and Bob), assuming the trusted third party hasn’t colluded with a previous delegate to cheat. A delegated signer can always spend the UTXO onchain without needing permission from the trusted third party, arguably making statechains less trusted than federated sidechains. E.g., when Alice receives control over a statechain UTXO, a timelock would prevent her from being able to unilaterally spend it onchain for 30 days; when Alice transfers the UTXO to Bob, a timelock would restrict him for only 29 days-this gives a spend by Bob precedence over a spend by Alice. ● Coinbase withdrawal transactions now using batching: Coinbase has rolled out batch withdrawals that they estimate will reduce their load on the Bitcoin network by 50%. Instead of each withdrawal payment generating a single onchain transaction, multiple payments will be combined into a single transaction once every 10 minutes. The standardization of these preimage fields was found to be necessary for miniscript-aware finalizers, though they can be used by any PSBT finalizer needing to satisfy hash preimage challenges (e.g. for onc&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;ommitmen&amp;lt;br&amp;gt;a&amp;lt;br&amp;gt;ctions).&amp;lt;br&amp;gt;With this change, it becomes possible to fee bump commitment transactions that may have been signed days or weeks earlier, when the current feerates would’ve been hard to predict. Outside of the capital of Addis Ababa, home to 5 million, very few have bank accounts or smartphones. Coinbase allows bank accounts, Visa and Mastercard debit cards, and wireless transfers for payments - though one payment solution must be linked to your account before you can make a trade. Does Coinbase work in the USA? Toro USA LLC; Investments are subject to market risk, including the possible loss of principal. Pieter Wuille posted the slides from a presentation he gave summarizing progress, including text indicating he thought the proposal was &amp;quot;nearly ready&amp;quot;. Graftroot improves taproot’s flexibility and scalability by allowing participants in the script to delegate their spending authority to other parties, including allowing the existing participants to impose additional script-based conditions on the delegates-all done offchain and without reducing the scalability, privacy, and fungibility benefits. Replace the 2-of-2 schnorr multisig between the trusted third party and the current delegate (using an adaptor signature) with a single-si&amp;lt;br&amp;gt;ing secure mult&amp;lt;br&amp;gt;ty computation.&lt;/div&gt;</summary>
		<author><name>TrenaElston8</name></author>
	</entry>
</feed>