Bitcoin Armory - Apps for My PC

Bitcoin Wallet

Everything about bitcoin wallets.
[link]

how do i sweep armory private keys into the new BCH app from bitcoin.com?

Hey! so i have my armory private keys and the new app...but i cant see where to enter them?
Thanks for any help!
submitted by wizzyting to btc [link] [comments]

how do i sweep armory private keys into the new BCH app from bitcoin.com? /r/btc

how do i sweep armory private keys into the new BCH app from bitcoin.com? /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

New Raspberry Pi distro loaded with Bitcoin Apps - Armory, Electrum, Cgminer, and more!

New Raspberry Pi distro loaded with Bitcoin Apps - Armory, Electrum, Cgminer, and more! submitted by Coinninja to Bitcoin [link] [comments]

I have had a little Bitcoin stored in an Armory wallet. Is it possible to setup a wallet in another app or exchange to claim the Bitcoin Cash and if so how? /r/btc

I have had a little Bitcoin stored in an Armory wallet. Is it possible to setup a wallet in another app or exchange to claim the Bitcoin Cash and if so how? /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Sportsbet.io Casino €10 free bet and 100 free spins bonus

Sportsbet.io Casino €10 free bet and 100 free spins bonus

Sportsbet.io Free Bonus and Welcome Free Spins!
Register at Sportsbet.io Casino today and get €10 free bet plus 100 free spins no deposit bonus! Exclusive promotion for new customers - no bonus codes needed!
>> Sportsbet.io Free Bonus <<

Sportsbet.io Casino Review

Who we are:
  • Sportsbet.io has quickly emerged as the world’s largest Bitcoin-led sportsbook since it was founded in 2016 and as of today, it is one of the largest multi-currency bookmakers in the world.
  • It offers players around the world the chance to wager on more than 420,000 pre-match events per year, as well as comprehensive in-play content.
  • Sportsbet.io has gained a reputation for offering a fun, fast and fair experience to customers, and is constantly striving to innovate with new products and features.
The best multi-currency bookmaker
  • Sportsbet.io provides the best multi-currency sports betting experience available. One of the key currencies handled at Sportsbet.io is Bitcoin, ETH, and other fiat currencies including Euro and Dollar.
  • To wager Bitcoin at Sportsbet.io, players will need to have a Bitcoin wallet set up and credited; Blockchain, Armory and Copay are highly recommended, and guides are available on-site.
  • Alternatively, players can purchase Bitcoin on Sportsbet.io via BTCXE using their debit or credit card. Once the Bitcoin is in your account you are ready to play.
  • Recently, Sportsbet.io has been adding other payment options so that customers who do not want to wager in Bitcoin can still enjoy the fun. The new currencies include All Sports Coin (SOC), the popular cryptocurrency of the All Football app, Ethereum, the world’s second most popular cryptocurrency, as well as euros, which can be deposited with all major credit and debit cards.
>> Sportsbet.io Free Bonus <<
Trusted around the world
  • Sportsbet.io is trusted by users around the world, as a licensed sportsbook Sportsbet.io comply with AML, anti-fraud practice.
  • Currently, the site is available in 10 different languages: English, Portuguese, Turkish, Japanese, Russian, Chinese, Spanish, Thai, German and Vietnamese.
  • Sportsbet.io prides itself on its secure and trustworthy betting service, with withdrawal times of around 1.5 minutes among the fastest in the industry.
  • The site uses electronic procedures (including state-of-the-art advanced security measures and SSL encryption), but behind the scenes, the management oversees a hands-on system, with teams of physical staff monitoring and maintaining the overall security of the product. However, players are advised to take the usual precautions associated with sharing personal data over the internet and keeping passwords secure.
  • We have also been nominated for the biggest prizes in the gaming industry. In 2018, Sportsbet.io was named on the shortlist of the prestigious ‘Rising Star’ award, as well as being nominated for the ‘Rising Star in Sports Betting’ trophy at the SBC Awards.
Comprehensive offering
  • As well as 420,000 pre-match events and countless more in-play markets, Sportsbet.io offers the most comprehensive range of sports betting options on the web.
  • Alongside staples such as football, tennis and golf, there are a number of niche sports to wager on, including beach volleyball, futsal and squas..
  • Our latest feature added is Horse Racing with a huge amount of races, comfortable interface and live streams. Enjoy betting on horses, harness and greys!
  • Log onto the site at any moment, night or day, and there will be hundreds of markets and events upon which to bet, including a wide selection of virtual sports games.
  • On top of this, the innovative Player Props product enables players to create their own bets across different teams and matches. There are millions of possibilities, and the only limit is your imagination.
  • Sportsbet.io is also the only Bitcoin-led sportsbook to offer live streaming of all major sports.
  • The safe and secure option offered for our players is Instant Cash out where players can withdraw themselves from the bet they have placed. For sure, this feature will enhance your player's experience!
>> Sportsbet.io Free Bonus <<
Promotions
  • Sportsbet.io serves up the best promotions of any crypto-led sportsbook. We offer a generous welcome bonus where players can get three times their first wager in a free bet.
  • There are also ongoing promotions, such as the daily Price Boost, which differs from most competitors by allowing the customer to pick one Price Boost per day per each sport on any market offered. The Price Boost for each sport will reset every 24 hours, and players can place a boosted bet on every sport every day if they wish.
  • As well as these ongoing promotions, Sportsbet.io also has regular special promotions and bonuses around big sporting events. Keep an eye on the site for more details.
Innovation
  • Sportsbet.io is always aiming to lead the way on the innovation front. It has implemented a number of new features designed to improve the user experience and keep the customer at the centre of the universe.
  • Our development team is dedicated to enhancing the player's betting experiences. Our recent innovation project has led us to load the site visually 7x faster before, making us one of the fastest loading sites in the market.
  • Sportsbet.io does not require personal information up on registration. Therefore users are free to deposit, place bets, check their balance and even withdraw without their personal information being compromised.
Sports Centers
  • During the 2018 World Cup, Sportsbet.io launched a dedicated World Cup Center, where users could check in for the latest real-time stats and news on the action.
  • The first of these is the Soccer Center, a data-driven area packed full of news, statistics, markets and offers designed to help users make more informed betting decisions.
  • As part of Sportsbet.io’s aim to put the customer at the centre of the universe, the Soccer Center is a one-stop-shop for all their betting needs.
  • The operator is also set to roll out additional Sports Centers focused on tennis, basketball, cricket, American football and baseball.
>> Sportsbet.io Free Bonus <<
Mobile and design
  • Sportsbet.io was rebranded in early 2018, and now offers its customers all the great functionality via a sleek new interface.
  • The proprietary technology means Sportsbet.io is constantly adapting to user demands.
  • Its fully responsive website provides a world-class mobile experience, featuring an all-new mobile cashier making depositing and withdrawing a simple process on any device. The site functions across iOS, Android, Windows and Blackberry devices.
Casino
  • As well as sports, Sportsbet.io casino tab gives players access to an unparalleled selection of casino games from the world’s best suppliers, including OneTouch, Evolution, Quickfire, Asia Gaming, Pragmatic Play, GameArt, Ezugi, Betsoft, Quickspin, Red Tiger, Booming Games, Play’n GO, Yggdrasil, BetGames and Endorphina.
  • This includes a wide range of slots, table games and live casino.
Customer support
  • Contacting Sportsbet.io’s responsive customer service team is a simple process. Players can select a Live Chat option 24/7 for a direct line of communication to the team. The team speaks 12 different languages providing assistance for players around the world. For enquiries that take long to solve, there is an email ticketing system in place.
>> Sportsbet.io Free Bonus <<
submitted by freespinsgaming to u/freespinsgaming [link] [comments]

Armory

I have no clue whats going on right now. I downloaded armory, made a wallet, and sent coins to it. Then I noticed I was offline and upon further research realized I needed to download the blockchain database. So I downloaded bitcoincore and waited about 2 days for it to download everything on the bitcoin core app. While it was doing this armory was also running and the menus where it says "build database" and "scanning transaction history" was up. The only box that wast lit up green was "scanning transaction history" and I've had this apple loading pinwheel thing just spinning around the past 2 days as well. Last night Bitcore finished downloading everything so I closed armory and opened it back up but ever since last night it's just been on scanning transaction history. I went to bed hoping it'd be done this morning, still not. I waited until now, still not done. I've closed and opened it a few times, made it rebuild and rescan the database, and did a factory reset where it deleted the armory database, rebuilt then rescanned it. In all honesty, I have no clue what I was doing usually turning something off and back on is the magic fix to computers. I tried to just take the coins out using my backup paper wallet on blockcahin.info but they said my QR code was invalid. Advice?
submitted by toxicgloo to BitcoinWallet [link] [comments]

armory

I have no clue whats going on right now. I downloaded armory, made a wallet, and sent coins to it. Then I noticed I was offline and upon further research realized I needed to download the blockchain database. So I downloaded bitcoincore and waited about 2 days for it to download everything on the bitcoin core app. While it was doing this armory was also running and the menus where it says "build database" and "scanning transaction history" was up. The only box that wast lit up green was "scanning transaction history" and I've had this apple loading pinwheel thing just spinning around the past 2 days as well. Last night Bitcore finished downloading everything so I closed armory and opened it back up but ever since last night it's just been on scanning transaction history. I went to bed hoping it'd be done this morning, still not. I waited until now, still not done. I've closed and opened it a few times, made it rebuild and rescan the database, and did a factory reset where it deleted the armory database, rebuilt then rescanned it. In all honesty, I have no clue what I was doing usually turning something off and back on is the magic fix to computers. I tried to just take the coins out using my backup paper wallet on blockcahin.info but they said my QR code was invalid. Advice?
submitted by toxicgloo to Bitcoin [link] [comments]

/r/Bitcoin FAQ - Newcomers please read

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
The following videos are a good starting point for understanding how bitcoin works and a little about its long term potential:
For some more great introductory videos check out Andreas Antonopoulos's YouTube playlists, he is probably the best bitcoin educator out there today. Also have to give mention to James D'Angelo's Bitcoin 101 Blackboard series. Lots of additional video resources can be found at the videos wiki page or /BitcoinTV.
Key properties of bitcoin
Some excellent writing on Bitcoin's value proposition and future can be found here. Bitcoin statistics can be found here, here and here. Developer resources can be found here and here. Peer-reviewed research papers can be found here. The number of times Bitcoin was declared dead by the media can be found here. Scaling resources here, and of course the whitepaper that started it all.

Where can I buy bitcoins?

BuyBitcoinWorldwide.com and Howtobuybitcoin.io are helpful sites for beginners. You can buy or sell any amount of bitcoin and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also, check out the bitcoinity exchange resources for a larger list of options for purchases.
Bank Transfer Credit / Debit card Cash
Coinbase Coinbase LocalBitcoins
Gemini Bitstamp LibertyX
GDAX Bitit Mycelium LocalTrader
Bitstamp Cex.io BitQuick
Kraken CoinMama WallofCoins
Xapo BitcoinOTC
Cex.io
itBit
Bitit
Bitsquare
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Cashila or Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
Android iOs Desktop
Mycelium BreadWallet Electrum
CoPay AirBitz Armory
Another interesting use case for physical storage/transfer is the Opendime. Opendime is a small USB stick that allows you to spend Bitcoin by physically passing it along so it's anonymous and tangible like cash.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account, usually from a text message or app, making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy
Android Android
iOS iOS

Where can I spend bitcoins?

A more comprehensive list can be found at the Trade FAQ but some more commons ones are below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Steam, HumbleBundle, Games Planet, itch.io, g2g and kinguin For when you need to get your game on
Microsoft Xbox games, phone apps and software
Spendabit, The Bitcoin Shop, Overstock, DuoSearch, The Bitcoin Directory and BazaarBay Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg and Dell For all your electronics needs
Cashila, Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, Pey.de, LivingRoomofSatoshi, Hyphen.to, Coinsfer, GetPaidinBitcoin, Coins.co.th, More #1, #2 Bill payment
Foodler, Menufy, Takeaway, Thuisbezorgd NL, Pizza For Coins Takeout delivered to your door!
Expedia, Cheapair, Lot, Destinia, BTCTrip, Abitsky, SkyTours, Fluege the Travel category on Gyft and 9flats For when you need to get away
BoltVM, BitHost VPS service
Cryptostorm, Mullvad, and PIA VPN services
Namecheap, Porkbun For new domain name registration
Stampnik and GetUSPS Discounted USPS Priority, Express, First-Class mail postage
Reddit Gold Premium membership which can be gifted to others
Coinmap, 99Bitcoins and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations, such as Wikipedia, Red Cross, Amnesty International, United Way, ACLU and the EFF. You can find a longer list here.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. Bitseed is an easy option for getting set up. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
WorkingForBitcoins, Bitwage, XBTfreelancer, Cryptogrind, Bitlancerr, Coinality, Bitgigs, /Jobs4Bitcoins, Rein Project Freelancing
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
Watchmybit, Streamium.io, OTika.tv, XOtika.tv NSFW, /GirlsGoneBitcoin NSFW Video Streaming
Bitasker, BitforTip, WillPayCoin Tasks
Supload.com, SatoshiBox, JoyStream, File Army File/Image Sharing
CoinAd, A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins)

Bitcoin Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network, Amiko Pay, and Strawpay Payment channels for network scaling
Blockstream and Drivechain Sidechains
21, Inc. Open source library for the machine payable web
ShapeShift.io Trade between bitcoins and altcoins easily
Open Transactions, Counterparty, Omni, Open Assets, Symbiont and Chain Financial asset platforms
Hivemind and Augur Prediction markets
Mirror Smart contracts
Mediachain Decentralized media library
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
Samourai and Dark Wallet - abandoned Privacy-enhancing wallets
JoinMarket CoinJoin implementation (Increase privacy and/or Earn interest on bitcoin holdings)
Coinffeine and Bitsquare Decentralized bitcoin exchanges
Keybase and Bitrated Identity & Reputation management
Bitmesh and Telehash Mesh networking
JoyStream BitTorrent client with paid seeding
MORPHiS Decentralized, encrypted internet
Storj and Sia Decentralized file storage
Streamium and Faradam Pay in real time for on-demand services
Abra Global P2P money transmitter network
bitSIM PIN secure hardware token between SIM & Phone
Identifi Decentralized address book w/ ratings system
Coinometrics Institutional-level Bitcoin Data & Research
Blocktrail and BitGo Multisig bitcoin API
Bitcore Open source Bitcoin javascript library
Insight Open source blockchain API
Leet Kill your friends and take their money ;)

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
millibitcoin mBTC 1,000 per bitcoin SI unit for milli i.e. millilitre (mL) or millimetre (mm)
microbitcoin μBTC 1,000,000 per bitcoin SI unit for micro i.e microlitre (μL) or micrometre (μm)
bit bit 1,000,000 per bitcoin Colloquial "slang" term for microbitcoin
satoshi sat 100,000,000 per bitcoin Smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $500 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit. A complete list of bitcoin related subreddits can be found here
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BinaryResult to Bitcoin [link] [comments]

Cold Storage

What Is Cold Storage?
Cold storage is an offline wallet provided for storing bitcoins. With cold storage, is stored on a platform that is not connected to the internet, thereby, protecting the wallet from unauthorized access, cyber hacks, and other vulnerabilities that a system connected to the internet is susceptible to.

Cold Storage Explained

When a checking, savings, account with a traditional bank has been compromised, the bank is able to refund the lost or stolen money back to the account holder. However, if your account or wallet has been compromised and your bitcoins stolen, the owner would be unable to recover his coins. Hence, the need for a safe and secure medium of storage
Stores the private keys of a bitcoin owner. The private key given to any bitcoin user is a unique string of alphanumeric characters required to access the user’s address. The address is the user’s unique ID that is required to make transactions and receive bitcoins from a sender. Two people making a transaction with bitcoin, where one is a seller and the other a buyer, will have to share their addresses with each other in order to complete the transaction. The buyer of the commodity or service sends the required number of bitcoins to the seller’s divulged address as payment, and the verifies the validity of the transaction and confirms that the buyer or sender really has those funds to send. Once the payment has been delivered to the address, the seller or receiver can only access the funds through his or her private key. It is, therefore, imperative for private keys to be kept secure because if stolen, the user’s bitcoins or altcoins could be unlocked and accessed from the address without authorization.

Protection From Theft

Private keys stored on a wallet connected to the internet are vulnerable to network-based theft. These wallets are known as hot wallets. With a hot wallet, all the functions required to complete a transaction are made from a single online device. The wallet generates and stores private keys; digitally signs transactions using private keys; and broadcasts the signed transaction to the network. The problem is that once the signed transactions have been broadcasted online, an attacker crawling the networks may become privy to the private key which was used to sign the transaction.
Cold storage resolves this issue by signing the transaction with the private keys in an offline environment. Any transaction initiated online is temporarily transferred to an offline wallet kept on a device such as a USB, CD, hard drive, paper, or offline computer, where it is then digitally signed before it is transmitted to the online network. Because the private key does not come into contact with a server connected online during the signing process, even if an online hacker comes across the transaction, s/he would not be able to access the private key used for it.
A paper wallet is simply a document that has the public and private keys written on it. The document is printed from the bitcoin paper wallet tool online with an offline printer. The paper wallet or document usually embedded on it so that it can easily be scanned and signed to make a transaction. The drawback to this medium is that if the paper is lost, rendered illegible or destroyed, the user will never be able to access his address where his funds are.
Another form of cold storage is a hardware wallet which uses an offline device or smartcard to generate private keys offline. The Ledger USB Wallet is an example of a hardware wallet that uses a smartcard to secure private keys. The device looks and functions like a USB, and a computer and chrome-based app are required to store the private keys offline. Like a paper wallet, it is essential to store this USB device and smartcard in a safe place, as any damage or loss could terminate access to the user’s bitcoins. Two other popular hardware wallets include TREZOR and KeepKey.
Finally, users looking for cold storage options can also opt for offline software wallets, which are quite similar to hardware wallets but are a more complex process for less technical users. An offline software wallet splits a wallet into two accessible platforms – an offline wallet which contains the private keys and an online wallet which has the public keys stored. The online wallet generates new unsigned transactions and sends the address of the user to the receiver or sender on the other end of the transaction. The unsigned transaction is moved to the offline wallet and signed with the private key. The signed transaction is then moved back to the online wallet which broadcasts it to the network. Because the offline wallet never gets connected to the internet, its stored private keys remain secure. Electrum and Armory are often quoted as the best offline software wallets in the cryptoeconomy.
Cryptocurrency users should ensure that the wallet of their choice is compatible with the coins they transact or trade in, as not all wallets support all cryptocurrencies.

Cold Storage: The Preferred Choice

Cold storage is the preferred storage method for everyone from long-term hodlers and Bitcoin proponents to institutional custody services like Ledger Vault — who holds millions of dollars in funds.Storage through a hardware wallet is the mechanism of choice because of the physical security layer afforded by decoupling the encrypted USB devices from the Internet. Malicious entities would need to have physical access to the device and subsequently bypass numerous protections like passphrases, PINs, and tampering authenticity signatures on the device. Not readily available with fiat currencies. Additionally, cold wallets are improvements over similar non-custodial wallets like software wallets . Despite a crowded field of competition, a few hardware wallet providers have stood out from the crowd — particularly Ledger. Ledger provides several of the most popular hardware devices. Depending on your storage, interface, and cost preferences, both are standards from which other cold wallet products can adequately be compared to give users context on the cold storage wallet market.
submitted by Avra11 to u/Avra11 [link] [comments]

Common Bitcoin Scams And How To Avoid Them

As the popularity of cryptocurrencies is increasing with every year, more and more scammers appear around it. Therefore, it is very important to protect yourself from any kind of fraud in the crypto world. Here are the most popular ways of Bitcoin scams and our tips on how to avoid them. Forewarned is forearmed!
1. Pyramid (or Ponzi) schemes
In this case, users can be lured by promises of incredibly high profits at extremely low investments. Here’s how a classical pyramid scheme works: the first investors attract new people from which receive profiteering. And when the flow of the new investors falls, the pyramid collapses.
How not to fall for a pyramid scam:
2. Scams with fake wallets and exchangers
Here we are talking about fraudulent sites. Some pretend to be Bitcoin wallets, some look like exchanges, some are kind of both at once. Usually, sometime after registration, they work normally to put off your guard and earn trust. You peacefully deposit your crypto, the funds in the account accumulate — and the scammers vanish with your currency.
How not to fall for a scam:
3. Cloud mining
The mining process requires good and expensive computer equipment, so some people offer “mining for rent” on their equipment. There are some legal cloud mining services that let users rent server space to mine coins. On the other hand, there are also plenty of cloud mining scams out there.
How not to fall for a mining scam and be sure that service is legitimate:
4. Malware
This type of fraud has long been a weapon in the armory of online scammers. Malware in a crypto world is created to get access to your wallet and drain your account, monitor the Windows clipboard for crypto addresses and swap your valid address with an address of a scammer.
How not to fall for malware scams:
5. Phishing
The typical phishing scheme is extremely simple. The scammer sends the user an e-mail from the so-called crypto exchange or wallet provider in which the lurcher places a link to the fake website. The main goal is to force the user to go to the fake page and enter personal data (username, password, private key and so on). This confidential information allows theft to access the original website on behalf of the real user and walk away with the user’s currency.
How not to fall for phishing scams:
You should remember that the risks of scam and speculations are everywhere. Make reasonable investments and never take big risks. And finally, guards up by following our pieces of advice.
Like and share this article if you find it useful. Want more interesting articles on the crypto world? Follow us on Medium, Twitter, Facebook, and Reddit to get Stealthex.io updates and the latest news about the crypto world. For all requests message us at [[email protected]](mailto:[email protected]).
submitted by Stealthex_io to Bitcoin [link] [comments]

/r/Bitcoin FAQ - Newcomers please read

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
The following videos are a good starting point for understanding how bitcoin works and a little about its long term potential:
For lots of additional video resources check out the videos wiki page or /BitcoinTV.
Key properties of bitcoin
Some excellent writing on Bitcoin's value proposition and future can be found here. Bitcoin statistics can be found here and here. Developer resources can be found here and here. Peer-reviewed research papers can be found here. The number of times Bitcoin was declared dead by the media can be found here. Scaling resources here, and of course the whitepaper that started it all.

Where can I buy bitcoins?

BuyBitcoinWorldwide.com is a very helpful site for beginners. You can buy or sell any amount of bitcoin and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also, check out the bitcoinity exchange resources for a larger list of options for purchases.
Bank Transfer Credit / Debit card Cash
Coinbase Coinbase LocalBitcoins
Gemini Bitstamp LibertyX
GDAX Bitit Mycelium LocalTrader
Bitstamp Cex.io BitQuick
Kraken CoinMama WallofCoins
Xapo BitcoinOTC
Cex.io
itBit
Bitit
Bitsquare
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Cashila or Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
Android iOs Desktop
Mycelium BreadWallet Electrum
CoPay AirBitz Armory
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account, usually from a text message or app, making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy
Android Android
iOS iOS

Where can I spend bitcoins?

A more comprehensive list can be found at the Trade FAQ but some more commons ones are below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Steam, HumbleBundle, GreenmanGaming, and Coinplay.io For when you need to get your game on
Microsoft Xbox games, phone apps and software
Spendabit, The Bitcoin Shop, Overstock, Rakuten, DuoSearch, The Bitcoin Directory and BazaarBay Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg, TigerDirect and Dell For all your electronics needs
Cashila, Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, Pey.de, LivingRoomofSatoshi, Hyphen.to, Coinsfer, GetPaidinBitcoin, Coins.co.th, More #1, #2 Bill payment
Foodler, Takeaway, Thuisbezorgd NL, Pizza For Coins Takeout delivered to your door!
Expedia, Cheapair, Lot, Destinia, BTCTrip, Abitsky, SkyTours, Fluege the Travel category on Gyft and 9flats For when you need to get away
BoltVM, BitHost VPS service
Cryptostorm, Mullvad, and PIA VPN services
Namecheap For new domain name registration
Stampnik and GetUSPS Discounted USPS Priority, Express, First-Class mail postage
Reddit Gold Premium membership which can be gifted to others
Coinmap, 99Bitcoins and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations, such as Wikipedia, Red Cross, Amnesty International, United Way, ACLU and the EFF. You can find a longer list here.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. Bitseed is an easy option for getting set up. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
Bitwage, XBTfreelancer, Cryptogrind, Bitlancerr, Coinality, Bitgigs, /Jobs4Bitcoins, Rein Project Freelancing
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
Watchmybit, Streamium.io, OTika.tv, XOtika.tv NSFW, /GirlsGoneBitcoin NSFW Video Streaming
Bitasker, BitforTip, WillPayCoin Tasks
Supload.com, SatoshiBox, JoyStream, File Army File/Image Sharing
CoinAd, A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins)

Bitcoin Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network, Amiko Pay, and Strawpay Payment channels for network scaling
Blockstream and Drivechain Sidechains
21, Inc. Open source library for the machine payable web
ShapeShift.io Trade between bitcoins and altcoins easily
Open Transactions, Counterparty, Omni, Open Assets, Symbiont and Chain Financial asset platforms
Hivemind and Augur Prediction markets
Mirror Smart contracts
Mediachain Decentralized media library
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
Samourai and Dark Wallet - abandoned Privacy-enhancing wallets
JoinMarket CoinJoin implementation (Increase privacy and/or Earn interest on bitcoin holdings)
Coinffeine and Bitsquare Decentralized bitcoin exchanges
Keybase and Bitrated Identity & Reputation management
Bitmesh and Telehash Mesh networking
JoyStream BitTorrent client with paid seeding
MORPHiS Decentralized, encrypted internet
Storj and Sia Decentralized file storage
Streamium and Faradam Pay in real time for on-demand services
Abra Global P2P money transmitter network
bitSIM PIN secure hardware token between SIM & Phone
Identifi Decentralized address book w/ ratings system
Coinometrics Institutional-level Bitcoin Data & Research
Blocktrail and BitGo Multisig bitcoin API
Bitcore Open source Bitcoin javascript library
Insight Open source blockchain API
Leet Kill your friends and take their money ;)

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
millibitcoin mBTC 1,000 per bitcoin SI unit for milli i.e. millilitre (mL) or millimetre (mm)
microbitcoin μBTC 1,000,000 per bitcoin SI unit for micro i.e microlitre (μL) or micrometre (μm)
bit bit 1,000,000 per bitcoin Colloquial "slang" term for microbitcoin
satoshi sat 100,000,000 per bitcoin Smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $500 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit. A complete list of bitcoin related subreddits can be found here
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BinaryResult to Bitcoin [link] [comments]

What wallets, today, support fee bumping (i.e., replace-by-fee / RBF)?

There are nearly two dozen wallets listed here, ...
but not many of them have support for RBF such that a user can bump the fee.
Replace-by-fee (RBF) is a method to permit the fee paid to be bumped up to cause an unconfirmed transaction to get included in a block sooner.
With an increasing number of transactions waiting, fee bumping will become a bigger deal, once again.
Those with RBF support that I know of:
Custodial/online wallets with RBF:
To use RBF, the original transaction needs to be constructed properly so that a replacement transaction gets relayed, and today only about 7% % of them 9% of them have that.
What other wallets do today support fee bumping through RBF?
[Note: Periodically this list is updated, with most additions learned from the RBF Support list by BItcoinOps. Feel free to send to me additions / corrections via direct message here on Reddit or via e-mail.]
submitted by cointastical to Bitcoin [link] [comments]

Common Bitcoin Scams And How To Avoid Them

As the popularity of cryptocurrencies is increasing with every year, more and more scammers appear around it. Therefore, it is very important to protect yourself from any kind of fraud in the crypto world. Here are the most popular ways of Bitcoin scams and our tips on how to avoid them. Forewarned is forearmed!
1. Pyramid (or Ponzi) schemes
In this case, users can be lured by promises of incredibly high profits at extremely low investments. Here’s how a classical pyramid scheme works: the first investors attract new people from which receive profiteering. And when the flow of the new investors falls, the pyramid collapses.
How not to fall for a pyramid scam:
2. Scams with fake wallets and exchangers
Here we are talking about fraudulent sites. Some pretend to be Bitcoin wallets, some look like exchanges, some are kind of both at once. Usually, sometime after registration, they work normally to put off your guard and earn trust. You peacefully deposit your crypto, the funds in the account accumulate — and the scammers vanish with your currency.
How not to fall for a scam:
3. Cloud mining
The mining process requires good and expensive computer equipment, so some people offer “mining for rent” on their equipment. There are some legal cloud mining services that let users rent server space to mine coins. On the other hand, there are also plenty of cloud mining scams out there.
How not to fall for a mining scam and be sure that service is legitimate:
4. Malware
This type of fraud has long been a weapon in the armory of online scammers. Malware in a crypto world is created to get access to your wallet and drain your account, monitor the Windows clipboard for crypto addresses and swap your valid address with an address of a scammer.
How not to fall for malware scams:
5. Phishing
The typical phishing scheme is extremely simple. The scammer sends the user an e-mail from the so-called crypto exchange or wallet provider in which the lurcher places a link to the fake website. The main goal is to force the user to go to the fake page and enter personal data (username, password, private key and so on). This confidential information allows theft to access the original website on behalf of the real user and walk away with the user’s currency.
How not to fall for phishing scams:
You should remember that the risks of scam and speculations are everywhere. Make reasonable investments and never take big risks. And finally, guards up by following our pieces of advice.
Like and share this article if you find it useful. Want more interesting articles on the crypto world? Follow us on Medium, Twitter, Facebook, and Reddit to get Stealthex.io updates and the latest news about the crypto world. For all requests message us at [[email protected]](mailto:[email protected]).
submitted by Stealthex_io to CryptoCurrencies [link] [comments]

Common Bitcoin Scams And How To Avoid Them

As the popularity of cryptocurrencies is increasing with every year, more and more scammers appear around it. Therefore, it is very important to protect yourself from any kind of fraud in the crypto world. Here are the most popular ways of Bitcoin scams and our tips on how to avoid them. Forewarned is forearmed!
1. Pyramid (or Ponzi) schemes
In this case, users can be lured by promises of incredibly high profits at extremely low investments. Here’s how a classical pyramid scheme works: the first investors attract new people from which receive profiteering. And when the flow of the new investors falls, the pyramid collapses.
How not to fall for a pyramid scam:
2. Scams with fake wallets and exchangers
Here we are talking about fraudulent sites. Some pretend to be Bitcoin wallets, some look like exchanges, some are kind of both at once. Usually, sometime after registration, they work normally to put off your guard and earn trust. You peacefully deposit your crypto, the funds in the account accumulate — and the scammers vanish with your currency.
How not to fall for a scam:
3. Cloud mining
The mining process requires good and expensive computer equipment, so some people offer “mining for rent” on their equipment. There are some legal cloud mining services that let users rent server space to mine coins. On the other hand, there are also plenty of cloud mining scams out there.
How not to fall for a mining scam and be sure that service is legitimate:
4. Malware
This type of fraud has long been a weapon in the armory of online scammers. Malware in a crypto world is created to get access to your wallet and drain your account, monitor the Windows clipboard for crypto addresses and swap your valid address with an address of a scammer.
How not to fall for malware scams:
5. Phishing
The typical phishing scheme is extremely simple. The scammer sends the user an e-mail from the so-called crypto exchange or wallet provider in which the lurcher places a link to the fake website. The main goal is to force the user to go to the fake page and enter personal data (username, password, private key and so on). This confidential information allows theft to access the original website on behalf of the real user and walk away with the user’s currency.
How not to fall for phishing scams:
You should remember that the risks of scam and speculations are everywhere. Make reasonable investments and never take big risks. And finally, guards up by following our pieces of advice.
Like and share this article if you find it useful. Want more interesting articles on the crypto world? Follow us on Medium, Twitter, Facebook, and Reddit to get Stealthex.io updates and the latest news about the crypto world. For all requests message us at [[email protected]](mailto:[email protected]).
submitted by Stealthex_io to BitcoinAUS [link] [comments]

5 Best Cryptocurrency Wallets with User-Owned Private Keys

5 Best Cryptocurrency Wallets with User-Owned Private Keys

https://preview.redd.it/sycppf5jrhk31.png?width=1000&format=png&auto=webp&s=f4e3415322fb12f29319fbd8c22fa90d14ffebbb
All cryptocurrency transactions are based on the control of two important numbers: public and private keys. Public keys facilitate the transfer of crypto; private keys, their receipt. These keys are stored and secured through digital wallets, the software through which users have access to their digital assets.
There are two main models of cryptocurrency wallets: those that don’t allow users to control their private keys and those that do. The first model of wallets host users’ private keys on a centralized server, which facilitates transactions. In the second model, users hold their own private keys and are able to send and receive tokens without the consent of a third party.
So just how important is it to directly control your private keys? We’ll answer that question today, and review some of the best wallet options that allow you to do that.

Private keys: What they are and why they matter

Private keys are randomly generated secret numbers that link a user to particular cryptocurrency assets. Coins can be transferred to other blockchains only by accessing a wallet’s private keys. For this reason, it is extremely important to keep private keys secure and confidential. Matt Miller, a Bloomberg TV host, demonstrated this lesson to the world when he briefly showed his private key QR code on-air and had his funds immediately stolen.
In one model of wallet, a third-party retains control of the private keys. This model is typically described as the crypto version of a bank. The user is the owner of the funds but relies on the wallet’s server to execute transactions. However, this comparison fails to recognize key dangers inherent in third-party management of crypto funds.
Crypto wallets, like bank accounts and any other internet-connected account, are at risk of being hacked. Unlike banks, however, crypto projects are not legally obligated to refund account holders their funds in the case of a security breach. For this reason, keeping funds in a wallet for which you don’t control the private keys is significantly riskier than storing fiat currency in a bank.
User-owned private key wallets offer a much stronger option in terms of security. No one has control over your funds except you. That means that if someone hacks the server hosting your wallet, your funds are secure. It also means that you can’t have your funds stolen if the wallet’s leadership “loses” the private keys (yes, that has happened).
Always remember that private keys unlock full access to digital funds. Opting for wallets with user-owned private keys ensures that you maintain control over your funds and do not rely on a third party to make transactions. Here, we picked out some of the most trusted solutions that allow full user-control over private keys.

Coin Wallet

Coin Wallet is an excellent solution that allows you to directly conduct blockchain transactions and access tokens. You can export your private keys, and the wallet does not have access or oversight over your operations within the software.
Coin Wallet is suited to the needs of both beginners and professional crypto users. It comes as free software with simple and streamlined interfaces in both mobile and desktop versions. The wallet supports any ERC20 and ERC223 tokens, including Bitcoin, Litecoin, Dogecoin, Bitcoin Cash, EOS, Ripple, Stellar, and Ethereum.
Of all the wallets on the market, Coin Wallet offers one of the most exhaustive collections of coins. Currently, there are more than 20,000 supported cryptocurrencies. The app gets bonus points for convenience, providing two built-in exchanges: Changelly and ShapeShift.

Blockchain

In 2011, Blockchain wallet pioneered the niche of online wallets. It remains one of the market leaders in wallets offering user-controlled keys. Currently, the company has over 41M wallets and more than $200B in transactions have been made on it since its start.
The mobile app is available in multiple languages and offers a built-in exchange for fast trading. Interfaces are very easy to follow and intuitive. The major drawback of this veteran wallet is that it supports just 5 coins: Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Stellar (XLM), and USD PAX (PAX).

Exodus

Exodus comes as a download for desktop or mobile. In addition to giving you control of your private keys, it also allows you to export them, as well. Plus, as an extra security measure, it never stores private keys on the server.
This wallet may not suit the needs of all users, as there is no web version and English is the only supported language.
The app lists 100+ crypto coins and offers ShapeShift as a built-in exchange.

Armory

Armory wallet is a great choice for users who want a simple storage option for their crypto assets. It offers some offline functionality, as well as free cold storage. It also lets you back up private keys (a QR code) on paper or create a multi-signature wallet. The latter option is particularly useful for businesses.
A major drawback of this wallet is that it is the least user-friendly option. Users need to have some basic knowledge encryption and software set-up. In addition, sending digital assets with Armory is less convenient than competitors and it doesn’t offer any built-in exchanges.

Bitcoin Core

Launched by the Bitcoin project, Bitcoin Core has a simple interface and is compatible with Mac, Linux, and Windows. It allows users to check the full node of Bitcoin transactions, i.e. download the entire blockchain. Therefore, it might take some time to download the full blockchain and set up your wallet.
A drawback of Bitcoin Core is that it’s large: you must have at least 200GB free disk space for this software, and system requirements constantly increase as the full Bitcoin network node grows.
As its name suggests, Bitcoin Core supports only Bitcoin. If you plan on trading and using only Bitcoin, this wallet is a great choice. Because you keep the full node on your computer, you don’t need any third parties to verify transactions. Sending or receiving coins here is very simple, and you are directly connected to the full Bitcoin network node. The fees are decided on by user votes.
submitted by GTE_IO to u/GTE_IO [link] [comments]

/r/Bitcoin FAQ - Newcomers please read

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
The following videos are a good starting point for understanding how bitcoin works and a little about its long term potential:
For lots of additional video resources check out the videos wiki page or /BitcoinTV.
Key properties of bitcoin
Some excellent writing on Bitcoin's value proposition and future can be found here. Bitcoin statistics can be found here and here. Developer resources can be found here and here. Peer-reviewed research papers can be found here. Scaling resources here, and of course the whitepaper that started it all.

Where can I buy bitcoins?

BuyBitcoinWorldwide.com is a very helpful site for beginners. You can buy or sell any amount of bitcoin and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also, check out the bitcoinity exchange resources for a larger list of options for purchases.
Bank Transfer / Credit card Cash
Coinbase LocalBitcoins
Gemini LibertyX
GDAX Mycelium LocalTrader
Poloniex BitQuick
Bitstamp WallofCoins
Kraken BitcoinOTC
Xapo
SnapCard
Cex.io
itBit
Bitit
Bitsquare
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Cashila or Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
Android iOs Desktop
Mycelium BreadWallet Electrum
CoPay AirBitz Armory
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account, usually from a text message or app, making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy
Android Android
iOS iOS

Where can I spend bitcoins?

A more comprehensive list can be found at the Trade FAQ but some more commons ones are below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Steam, HumbleBundle, GreenmanGaming, and Coinplay.io For when you need to get your game on
Microsoft Xbox games, phone apps and software
Spendabit, The Bitcoin Shop, Overstock, Rakuten, DuoSearch, The Bitcoin Directory and BazaarBay Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg, TigerDirect and Dell For all your electronics needs
Cashila, Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, Pey.de, LivingRoomofSatoshi, Wagepoint, Hyphen.to, Coinsfer, GetPaidinBitcoin, Coins.co.th, More Bill payment
Foodler, Takeaway, Thuisbezorgd NL, Pizza For Coins Takeout delivered to your door!
Expedia, Cheapair, Lot, Destinia, BTCTrip, Abitsky, SkyTours, Fluege the Travel category on Gyft and 9flats For when you need to get away
BoltVM, BitHost VPS service
Cryptostorm, Mullvad, and PIA VPN services
Namecheap For new domain name registration
Stampnik and GetUSPS Discounted USPS Priority, Express, First-Class mail postage
Reddit Gold Premium membership which can be gifted to others
Coinmap and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations, such as Wikipedia, Red Cross, Amnesty International, United Way, ACLU and the EFF. You can find a longer list here.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
Bitwage, XBTfreelancer, Cryptogrind, Bitlancerr, Coinality, Bitgigs, /Jobs4Bitcoins, Rein Project Freelancing
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
Watchmybit, Streamium.io, OTika.tv, XOtika.tv NSFW, /GirlsGoneBitcoin NSFW Video Streaming
Bitasker, BitforTip, WillPayCoin Tasks
Supload.com, SatoshiBox, JoyStream, File Army File/Image Sharing
CoinAd, A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins)

Bitcoin Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network, Amiko Pay, and Strawpay Payment channels for network scaling
Blockstream and Drivechain Sidechains
21, Inc. Open source library for the machine payable web
ShapeShift.io Trade between bitcoins and altcoins easily
Open Transactions, Counterparty, Omni, Open Assets, Symbiont and Chain Financial asset platforms
Hivemind and Augur Prediction markets
Mirror Smart contracts
Mediachain Decentralized media library
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
Samourai and Dark Wallet - abandoned Privacy-enhancing wallets
JoinMarket CoinJoin implementation (Increase privacy and/or Earn interest on bitcoin holdings)
Coinffeine and Bitsquare Decentralized bitcoin exchanges
Keybase and Bitrated Identity & Reputation management
Bitmesh and Telehash Mesh networking
JoyStream BitTorrent client with paid seeding
MORPHiS Decentralized, encrypted internet
Storj and Sia Decentralized file storage
Streamium and Faradam Pay in real time for on-demand services
Abra Global P2P money transmitter network
bitSIM PIN secure hardware token between SIM & Phone
Identifi Decentralized address book w/ ratings system
Coinometrics Institutional-level Bitcoin Data & Research
Blocktrail and BitGo Multisig bitcoin API
Bitcore Open source Bitcoin javascript library
Insight Open source blockchain API
Leet Kill your friends and take their money ;)

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
millibitcoin mBTC 1,000 per bitcoin SI unit for milli i.e. millilitre (mL) or millimetre (mm)
microbitcoin μBTC 1,000,000 per bitcoin SI unit for micro i.e microlitre (μL) or micrometre (μm)
bit bit 1,000,000 per bitcoin Colloquial "slang" term for microbitcoin
satoshi sat 100,000,000 per bitcoin Smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $500 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit. A complete list of bitcoin related subreddits can be found here
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BinaryResult to Bitcoin [link] [comments]

Lluvia de bitcoins sobre /r/argentina

Hola a todos. Voy a estar tippeando bitcoins a todo el que lo pida en este thread hasta agotar mis fondos, no sean tímidos y posteen.
inb4 reset del contador
Edit: ChangeTip está medio saturado hoy así que puede que tarde en verificar los tips.
Edit 2: Santo patrono del thread (gracias romeroj)
Edit 3: Ya estamos llegando a los últimas moneditas (al menos de mi parte). Me voy a tomar un descanso y a la vuelta reparto lo que me queda.
Edit 4: Corto por hoy, ya se secó el pozo. A los que llegaron tarde: posteen igual, en una de esas alguien más se copa y les deja un tip.
Non-Argies coming from other subs to ask for free bitcoins: you're welcome here, but I'm giving priority to Argentines for now.
To all other bitcoiners helping out: thank you so much <3

Mini-FAQ:

¿Qué wallet recomendás?
Online:
  • Blockchain.info
  • GreenAddress.it - es un poco más avanzado pero también más robusto, lo recomiendo especialmente para gente que no le tiene miedo al vocabulario técnico
Win/Mac/Linux:
  • Electrum
  • Armory - más avanzado y robusto, pero también un poco más complicado
Smartphones:
  • Mycellium (Android)
  • Breadwallet (iOS) - no tengo un iPhone así que no lo probé, pero suele ser el que recomiendan
¿Dónde puedo gastar bitcoins?
En Argentina:
  • Coinmap.org es un mapa con una buena cantidad de lugares que aceptan bitcoin en Argentina.
  • EnBitcoins te deja pagar facturas con bitcoin. Funciona para casi todos los servicios comunes del país (luz, agua, gas, teléfono, cable, internet, tarjetas de crédito, etc). Lo usé varias veces y funciona muy bien.
  • Avalancha.com es un retailer online de electrónica y artículos del hogar (entre otras cosas) y aceptan bitcoins. Por lo que tengo entendido hacen delivery a todo el país, con excepción de Ushuaia.
  • Trifl es un delivery de comida que acepta bitcoin. Hasta donde sé solo operan dentro de CABA.
  • Bitcoin Taxi son dos taxistas en CABA que aceptan bitcoin (asegurate de tener buena conexión 3G si pensás pagar así).
Internet:
  • Humble Bundle
  • Fiverr es un mercado de servicios personalizados donde todo vale 5 USD de base, y aceptan bitcoin.
  • Reddit acepta bitcoins para comprar gold.
  • Namecheap.com acepta bitcoins para registrar dominios.
  • OkCupid, Grooveshark, Wordpress.com y muchos otros sitios de servicios aceptan bitcoin.
  • ChangeTip, si estás ganas de esparcir el amor. Podés dejar tips en Reddit, YouTube, Google+, Twitter, Tumblr, Facebook y otras redes.
  • Varias organizaciones sin fines de lucro y proyectos open source aceptan donaciones en bitcoin. Ejemplos: Wikimedia, Internet Archive, EFF.
El mundo:
  • Spendabit es un buscador de productos que se pueden comprar con bitcoin en el mundo.
¿Dónde puedo aprender más sobre Bitcoin?
No estoy al tanto de todas las guías de Bitcoin, así que no sé cuál es la mejor, pero WeUseCoins.com me parece bastante decente para empezar (no está disponible en castellano).
submitted by pilaf to argentina [link] [comments]

Types of cryptocurrency wallets. Advantages and disadvantages

In order to increase the security level of your funds, you can use wallets. They have a higher level of protection in comparison with the exchanges. In this article, you will get to know about the advantages and disadvantages of wallets, get acquainted with their varieties and the most popular examples.

What is a digital wallet?

A digital wallet is a place to store your public and private keys. It consists of a private key and a public key (in our previous article you can learn more about what private and public keys are).

Hot and cold wallet

Cold wallets are a way to store funds offline. These include any tools that are not tied to the network. Cold storage eliminates the interaction of the wallet and the online network, which significantly reduces the likelihood of theft.
Advantages: Higher security. The possibility of offline storage.
Disadvantages: Poorly adapted for regular payments. May be lost with the carrier. Require backup.
Hot wallets are programs designed to store digital coins with a constant Internet connection which allows you to send cryptocurrencies anywhere.
Advantages: Great for regular and micropayments. Convenient and easy to use. Do not require physical media.
Disadvantages: Can be hacked. Always connected to the Internet. If you uninstall the program, you may lose access to your wallet forever.

Types of wallets

There are five types of digital storage that you can use.
1. Online Wallet This is a service owned by a third party. Depending on the wallet device, the keys are stored on a remote server or downloaded as an encrypted file to the user’s computer. They allow not only to open several wallets for different cryptocurrencies, but also to carry out convertible operations, trade on exchanges, calculate commissions with the help of built-in calculators, etc.
Advantages: Quick registration. Anonymity. Verification is not necessary. Ability to work with multiple cryptocurrencies.
Disadvantages: Risks inherent in cryptocurrency exchanges. There is a possibility of wallet to be hacked. Additional expenditure.
There are no reliable ways to protect funds on such platforms. Therefore, recommendations for the protection of funds are reduced to the diversification of risks, that is, working simultaneously with several wallets.
Examples of popular online wallets: HolyTransaction. The multi-currency wallet, founded in 2014, supports more than 10 of the most popular cryptocurrencies. It has an intuitive interface, Commission in comparison with other wallets. Coinbase. The wallet, created in 2012, supports bitcoin and ether. Cryprtonator. The most popular multi-currency wallet in the CIS.
2. Mobile Wallet This is a program to install on mobile gadgets. Interesting for those for whom cryptocurrency is a means of payment for goods and services. The current version of the blockchain is usually stored on the application server that provides access to updated data and does not require a large download of data to the phone.
Advantages: It can be safer than online wallets. Conveniently use on the go. Offer additional features such as QR code scanning.
Disadvantages: Unfortunately, mobile wallets are not the most secure. Therefore, it is hardly suitable for storing large amounts of funds.
Examples of popular mobile wallets: Coinomi. One of the best wallets for Android that supports more than 50 cryptocurrencies. Its advantage is the ability to enter seed-phrase, which allows you to recover wallet data. Xapo. Wallet from California company that supports Bitcoin. Access to the funds in the wallet is insured, it is possible to issue a debit card, you need to bind a mobile number.
3. Hardware wallet
This is a separate removable device like a flash drive. This method of storing keys is not very popular yet, because it is suitable only for long-term storage (it is inconvenient to trade with it). But it does not overload the computer.
Advantages: Private keys are never exposed to your computer. The hardware is immune to computer viruses. Your hardware requires you to confirm a transaction on your device (not the app on your computer) before any coins can be spent.
Disadvantages: The only downside to hardware wallets is that they cost money. However, it might be worthwhile to consider investing in a hardware wallet because they are more secure; especially if you hold a significant amount of coins.
Examples of popular hardware wallets: KeepKay. Supports 4 major cryptocurrencies. Ledger Wallet. Trezor.
4. Desktop wallet
These are the programs that you install on your computer.
Advantages: Desktop wallets store keys on your hard drive. Considered that its one of the most reliable options among offline wallets. It is a program installed on your computer, with which you can access data about your cryptocurrency account.
Disadvantages: Their disadvantage is the need for constant updating, which takes a lot of memory. Because desktop programs are divided into “thick” and “thin”. “Thick” (“heavy”) program, who are themselves from the very beginning, download whole blockchain and keep them updated. “Thin” (“light”) — download the necessary information from third-party services. Despite the fact that the file with the key remains on the computer, there is a risk that the data from the services will not be downloaded the ones that are needed.
Examples of popular mobile wallets: Exodus. Has an integrated exchange platform ShareShift supports 7 cryptocurrencies. Bitcoin Core. One of the best wallets for bitcoin, working with all operating systems. Armory. In addition to Bitcoin Core, which allows you to increase the level of storage security.
5. Paper wallet
A unique option for storing keys, which is a printout of a picture with a QR-code containing a public address and a private key. Long-term storage option for those who do not trust electronics.
Example: bitaddress.org
Each wallet has its advantages and disadvantages. Which option to choose depends on the goals.
submitted by SwapSpace_co to ethtrader [link] [comments]

Types of cryptocurrency wallets. Advantages and disadvantages

In order to increase the security level of your funds, you can use wallets. They have a higher level of protection in comparison with the exchanges. In this article, you will get to know about the advantages and disadvantages of wallets, get acquainted with their varieties and the most popular examples.

What is a digital wallet?

A digital wallet is a place to store your public and private keys. It consists of a private key and a public key (in our previous article you can learn more about what private and public keys are).

Hot and cold wallet

Cold wallets are a way to store funds offline. These include any tools that are not tied to the network. Cold storage eliminates the interaction of the wallet and the online network, which significantly reduces the likelihood of theft.
Advantages: Higher security. The possibility of offline storage.
Disadvantages: Poorly adapted for regular payments. May be lost with the carrier. Require backup.
Hot wallets are programs designed to store digital coins with a constant Internet connection which allows you to send cryptocurrencies anywhere.
Advantages: Great for regular and micropayments. Convenient and easy to use. Do not require physical media.
Disadvantages: Can be hacked. Always connected to the Internet. If you uninstall the program, you may lose access to your wallet forever.

Types of wallets

There are five types of digital storage that you can use.
1. Online Wallet This is a service owned by a third party. Depending on the wallet device, the keys are stored on a remote server or downloaded as an encrypted file to the user’s computer. They allow not only to open several wallets for different cryptocurrencies, but also to carry out convertible operations, trade on exchanges, calculate commissions with the help of built-in calculators, etc.
Advantages: Quick registration. Anonymity. Verification is not necessary. Ability to work with multiple cryptocurrencies.
Disadvantages: Risks inherent in cryptocurrency exchanges. There is a possibility of wallet to be hacked. Additional expenditure.
There are no reliable ways to protect funds on such platforms. Therefore, recommendations for the protection of funds are reduced to the diversification of risks, that is, working simultaneously with several wallets.
Examples of popular online wallets: HolyTransaction. The multi-currency wallet, founded in 2014, supports more than 10 of the most popular cryptocurrencies. It has an intuitive interface, Commission in comparison with other wallets. Coinbase. The wallet, created in 2012, supports bitcoin and ether. Cryprtonator. The most popular multi-currency wallet in the CIS.
2. Mobile Wallet This is a program to install on mobile gadgets. Interesting for those for whom cryptocurrency is a means of payment for goods and services. The current version of the blockchain is usually stored on the application server that provides access to updated data and does not require a large download of data to the phone.
Advantages: It can be safer than online wallets. Conveniently use on the go. Offer additional features such as QR code scanning.
Disadvantages: Unfortunately, mobile wallets are not the most secure. Therefore, it is hardly suitable for storing large amounts of funds.
Examples of popular mobile wallets: Coinomi. One of the best wallets for Android that supports more than 50 cryptocurrencies. Its advantage is the ability to enter seed-phrase, which allows you to recover wallet data. Xapo. Wallet from California company that supports Bitcoin. Access to the funds in the wallet is insured, it is possible to issue a debit card, you need to bind a mobile number.
3. Hardware wallet
This is a separate removable device like a flash drive. This method of storing keys is not very popular yet, because it is suitable only for long-term storage (it is inconvenient to trade with it). But it does not overload the computer.
Advantages: Private keys are never exposed to your computer. The hardware is immune to computer viruses. Your hardware requires you to confirm a transaction on your device (not the app on your computer) before any coins can be spent.
Disadvantages: The only downside to hardware wallets is that they cost money. However, it might be worthwhile to consider investing in a hardware wallet because they are more secure; especially if you hold a significant amount of coins.
Examples of popular hardware wallets: KeepKay. Supports 4 major cryptocurrencies. Ledger Wallet. Trezor.
4. Desktop wallet
These are the programs that you install on your computer.
Advantages: Desktop wallets store keys on your hard drive. Considered that its one of the most reliable options among offline wallets. It is a program installed on your computer, with which you can access data about your cryptocurrency account.
Disadvantages: Their disadvantage is the need for constant updating, which takes a lot of memory. Because desktop programs are divided into “thick” and “thin”. “Thick” (“heavy”) program, who are themselves from the very beginning, download whole blockchain and keep them updated. “Thin” (“light”) — download the necessary information from third-party services. Despite the fact that the file with the key remains on the computer, there is a risk that the data from the services will not be downloaded the ones that are needed.
Examples of popular mobile wallets: Exodus. Has an integrated exchange platform ShareShift supports 7 cryptocurrencies. Bitcoin Core. One of the best wallets for bitcoin, working with all operating systems. Armory. In addition to Bitcoin Core, which allows you to increase the level of storage security.
5. Paper wallet
A unique option for storing keys, which is a printout of a picture with a QR-code containing a public address and a private key. Long-term storage option for those who do not trust electronics.
Example: bitaddress.org
Each wallet has its advantages and disadvantages. Which option to choose depends on the goals.
submitted by SwapSpace_co to BitcoinMarkets [link] [comments]

What is a Cryptocurrency Wallet?

What is a Cryptocurrency Wallet?
Use this straightforward guide to learn what a cryptocurrency wallet is, how they work and discover which ones are the best on the market.
A cryptocurrency wallet is a software program that stores private and public keys and interacts with various blockchain to enable users to send and receive digital currency and monitor their balance. If you want to use Bitcoin or any other cryptocurrency, you will need to have a digital wallet.
How do they work?
Millions of people use cryptocurrency wallets, but there is considerable misunderstanding about how they work. Unlike traditional ‘pocket’ wallets, digital wallets don’t store currency. In fact, currencies don’t get stored in any single location or exist anywhere in any physical form. All that exists are records of transactions stored on the blockchain.
Cryptocurrency wallets are software programs that store your public and private keys and interface with various blockchain so users can monitor their balance, send money and conduct other operations. When a person sends you bitcoins or any other type of digital currency, they are essentially signing off ownership of the coins to your wallet’s address. To be able to spend those coins and unlock the funds, the private key stored in your wallet must match the public address the currency is assigned to. If public and private keys match, the balance in your digital wallet will increase, and the senders will decrease accordingly. There is no actual exchange of real coins. The transaction is signified merely by a transaction record on the blockchain and a change in balance in your cryptocurrency wallet.
What are the different types of Cryptocurrencywallets?
There are several types of wallets that provide different ways to store and access your digital currency. Wallets can be broken down into three distinct categories – software, hardware, and paper. Software wallets can be a desktop, mobile or online.
Are Cryptocurrency wallets secure?
Wallets are secure to varying degrees. The level of security depends on the type of wallet you use (desktop, mobile, online, paper, hardware) and the service provider. A web server is an intrinsically riskier environment to keep your currency compared to offline. Online wallets can expose users to possible vulnerabilities in the wallet platform which can be exploited by hackers to steal your funds. Offline wallets, on the other hand, cannot be hacked because they simply aren’t connected to an online network and don’t rely on a third party for security.
Although online wallets have proven the most vulnerable and prone to hacking attacks, diligent security precautions need to be implemented and followed when using any wallet. Remember that no matter which wallet you use, losing your private keys will lead you to lose your money. Similarly, if your wallet gets hacked, or you send money to a scammer, there is no way to reclaim lost currency or reverse the transaction. You must take precautions and be very careful!
Although Bitcoin is by far the most well-known and popular digital currency, hundreds of newcryptocurrencies (referred to as altcoins) have emerged, each with distinctive ecosystems and infrastructure. If you’re interested in using a variety of cryptocurrencies, the good news is, you don’t need set up a separate wallet for each currency. Instead of using a cryptocurrency wallet that supports a single currency, it may be more convenient to set up a multi-currency wallet which enables you to use several currencies from the same wallet.
Are there any transaction fees?
There is no straightforward answer here.
In general, transaction fees are a tiny fraction of traditional bank fees. Sometimes fees need to be paid for certain types of transactions to network miners as a processing fee, while some transactions don’t have any fee at all. It’s also possible to set your own fee. As a guide, the median transaction size of 226 bytes would result in a fee of 18,080 satoshis or $0.12. In some cases, if you choose to set a low fee, your transaction may get low priority, and you might have to wait hours or even days for the transaction to get confirmed. If you need your transaction completed and confirmed promptly, then you might need to increase the amount you’re willing to pay. Whatever wallet you end up using, transaction fees are not something you should worry about. You will either pay minuscule transaction fees, choose your own fees or pay no fees at all. A definite improvement from the past!
Are cryptocurrency wallets anonymous?
Kind of, but not really. Wallets are pseudonymous. While wallets aren’t tied to the actual identity of a user, all transactions are stored publicly and permanently on the blockchain. Your name or personal street address won’t be there, but data like your wallet address could be traced to your identity in a number of ways. While there are efforts underway to make anonymity and privacy easier to achieve, there are obvious downsides to full anonymity. Check out the DarkWallet project that is looking to beef up privacy and anonymity through stealth addresses and coin mixing.
Which Cryptocurrency wallet is the best?
There is an ever-growing list of options. Before picking a wallet, you should, however, consider how you intend to use it.
Bread Wallet
Bread Wallet is a simple mobile Bitcoin digital wallet that makes sending bitcoins as easy as sending an email. The wallet can be downloaded from the App Store or Google Play. Bread Wallet offers a standalone client, so there is no server to use when sending or receiving bitcoins. That means users can access their money and are in full control of their funds at all times. Overall, Bread Wallet’s clean interface, lightweight design and commitment to continually improve security, make the application safe, fast and a pleasure to use for both beginners and experienced users alike.
Mycelium
Advanced users searching for a Bitcoin mobile digital wallet, should look no further than mycelium. The Mycelium mobile wallet allows iPhone and Android users to send and receive bitcoins and keep complete control over bitcoins. No third party can freeze or lose your funds! With enterprise-level security superior to most other apps and features like cold storage and encrypted PDF backups, an integrated QR-code scanner, a local trading marketplace and secure chat amongst others, you can understand why Mycelium has long been regarded as one of the best wallets on the market.
Exodus
Exodus is a relatively new and unknown digital wallet that is currently only available on the desktop. It enables the storage and trading of Bitcoin, Ether, Litecoins, Dogecoins and Dash through an incredibly easy to use, intuitive and beautiful interface. Exodus also offers a very simple guide to backup your wallet. One of the great things about Exodus is that it has a built-in shapeshift exchange that allows users to trade altcoins for bitcoins and vice versa without leaving the wallet.
Copay
Created by Bitpay, Copay is one of the best digital wallets on the market. If you’re looking for convenience, Copay is easily accessed through a user-friendly interface on desktop, mobile or online. One of the best things about Copay is that it’s a multi-signature wallet so friends or business partners can share funds. Overall, Copay has something for everyone. It’s simple enough for entry-level users but has plenty of additional geeky features that will impress more experienced players as well.
Jaxx
Jaxx is a multi-currency Ether, Ether Classic, Dash, DAO, Litecoin, REP, Zcash, Rootstock, Bitcoin wallet and user interface. Jaxx has been designed to deliver a smooth Bitcoin and Ethereum experience. It is available on a variety of platforms and devices (Windows, Linux, Chrome, Firefox, OSX, Android mobile & tablet, iOS mobile & tablet) and connects with websites through Firefox and Chrome extensions. Jaxx allows in wallet conversion between Bitcoin, Ether and DAO tokens via Shapeshift and the import of Ethereum paper wallets. With an array of features and the continual integration of new currencies, Jaxx is an excellent choice for those who require a multi-currency wallet.
Armory
Armory is an open source Bitcoin desktop wallet perfect for experienced users that place emphasis on security. Some of Armory’s features include cold storage, multi-signature transactions, one-time printable backups, multiple wallets interface, GPU-resistant wallet encryption, key importing, key sweeping and more. Although Armory takes a little while to understand and use to it’s full potential, it’s a great option for more tech-savvy bitcoiners looking to keep their funds safe and secure.
Trezor is a hardware Bitcoin wallet that is ideal for storing large amounts of bitcoins. Trezor cannot be infected by malware and never exposes your private keys which make it as safe as holding traditional paper money. Trezor is open source and transparent, with all technical decisions benefiting from wider community consultation. It’s easy to use, has an intuitive interface and is Windows, OS X and Linux friendly. One of the few downsides of the Trezor wallet is that it must be with you to send bitcoins. This, therefore, makes Trezor best for inactive savers, investors or people who want to keep large amounts of Bitcoin highly secure.
Ledger Nano
The Ledger Wallet Nano is a new hierarchical deterministic multisig hardware wallet for bitcoin users that aims to eliminate a number of attack vectors through the use of a second security layer. This tech-heavy description does not mean much to the average consumer, though, which is why I am going to explain it in plain language, describing what makes the Ledger Wallet Nano tick. In terms of hardware, the Ledger Wallet Nano is a compact USB device based on a smart card. It is roughly the size of a small flash drive, measuring 39 x 13 x 4mm (1.53 x 0.51 x 0.16in) and weighing in at just 5.9g.
Pros:
Cons:
Green Address
Green Address is a user-friendly Bitcoin wallet that’s an excellent choice for beginners. Green Address is accessible via desktop, online or mobile with apps available for Chrome, iOS, and Android. Features include multi-signature addresses & two-factor authentications for enhanced security, paper wallet backup, and instant transaction confirmation. A downside is that Green Address is required to approve all payments, so you do not have full control over your spending
Blockchain (dot) info
Blockchain is one of the most popular Bitcoin wallets. Accessing this wallet can be done from any browser or smartphone. Blockchain.info provides two different additional layers. For the browser version, users can enable two-factor authentication, while mobile users can activate a pin code requirement every time the wallet application is opened. Although your wallet will be stored online and all transactions will need to go through the company’s servers, Blockchain.info does not have access to your private keys. Overall, this is a well-established company that is trusted throughout the Bitcoin community and makes for a solid wallet to keep your currency.
submitted by Tokenberry to NewbieZone [link] [comments]

Common Bitcoin Scams And How To Avoid Them

As the popularity of cryptocurrencies is increasing with every year, more and more scammers appear around it. Therefore, it is very important to protect yourself from any kind of fraud in the crypto world. Here are the most popular ways of Bitcoin scams and our tips on how to avoid them. Forewarned is forearmed!
1. Pyramid (or Ponzi) schemes
In this case, users can be lured by promises of incredibly high profits at extremely low investments. Here’s how a classical pyramid scheme works: the first investors attract new people from which receive profiteering. And when the flow of the new investors falls, the pyramid collapses.
How not to fall for a pyramid scam:
2. Scams with fake wallets and exchangers
Here we are talking about fraudulent sites. Some pretend to be Bitcoin wallets, some look like exchanges, some are kind of both at once. Usually, sometime after registration, they work normally to put off your guard and earn trust. You peacefully deposit your crypto, the funds in the account accumulate — and the scammers vanish with your currency.
How not to fall for a scam:
3. Cloud mining
The mining process requires good and expensive computer equipment, so some people offer “mining for rent” on their equipment. There are some legal cloud mining services that let users rent server space to mine coins. On the other hand, there are also plenty of cloud mining scams out there.
How not to fall for a mining scam and be sure that service is legitimate:
4. Malware
This type of fraud has long been a weapon in the armory of online scammers. Malware in a crypto world is created to get access to your wallet and drain your account, monitor the Windows clipboard for crypto addresses and swap your valid address with an address of a scammer.
How not to fall for malware scams:
5. Phishing
The typical phishing scheme is extremely simple. The scammer sends the user an e-mail from the so-called crypto exchange or wallet provider in which the lurcher places a link to the fake website. The main goal is to force the user to go to the fake page and enter personal data (username, password, private key and so on). This confidential information allows theft to access the original website on behalf of the real user and walk away with the user’s currency.
How not to fall for phishing scams:
You should remember that the risks of scam and speculations are everywhere. Make reasonable investments and never take big risks. And finally, guards up by following our pieces of advice.
Like and share this article if you find it useful. Want more interesting articles on the crypto world? Follow us on Medium, Twitter, Facebook, and Reddit to get Stealthex.io updates and the latest news about the crypto world. For all requests message us at [[email protected]](mailto:[email protected]).
submitted by Stealthex_io to btc [link] [comments]

Watching Only Wallet Accept Bitcoin donations in seconds [How to] Earn Money Using Bitcoin  Buy and Sell Bitcoins Using ZebPay App  By Technical Foundation What's new in bitcoin - YouTube How To Make Money  Square Cash App

Best Apps Popular Apps Overview previously only available to those with programming experience and a technical understanding of Bitcoin. Armory is tailored to both newcomers and advanced users Your Bitcoin Core or Multibit wallets really do need to be backed up periodically, and it is not always obvious when it needs to be done. This is one of the features that inspired Armory and remains one of the primary reasons people choose Armory over other wallet apps. Why Is There A “[[ Change Received ]]” Address Listed In My Wallet? Armory makes Bitcoin security best practices accessible to everyone through its unique interface. And most importantly, it’s available for free. Learn more » Open Source and Extensible. Armory was created with developers in mind. Armory is a great base for building Bitcoin apps like exchanges and crowdfunding platforms. Armory Armory is an advanced Bitcoin client that expands its features for Bitcoin power users. It offers many backup and encryption features, and it allows secure cold-storage on offline computers. New to bitcoins, downloaded and installed Armory wallet, setup a wallet, got my address and purchased some bitcoins via bitcoin.com to the address...

[index] [2508] [20501] [29487] [16667] [1466] [21947] [15431] [29440] [28607] [27249]

Watching Only Wallet

ATTENTION: I AM NOT ON TELEGRAM!!! To anyone who is being approached under the scam please report to Telegram. How I got Rich off Bitcoin! We've all been hearing about it. What is Bitcoin? What is ... Bitcoin Armory Setup - Duration: ... Blockchain/Bitcoin for beginners 3: public/private keys, ... Importing private key with Blockchain app - Duration: 0:35. Pluto BTM 6,079 views. Armory 29,347 views. 2:36. Blockchain tutorial 28: Bitcoin Improvement Proposal 39 ... Mycelium Bitcoin wallet - Apps with Mark Russell - Duration: 2:18. Mark Russell 3,337 views. 2:18 Transferring Bitcoin or any other currency to your paper wallet is accomplished by the transfer of funds from your software wallet to the public address shown on your paper wallet. Skip navigation Sign in. Search

Flag Counter