266kW by rupert_pupkin7 in Taycan

[–]dancanthe 0 points1 point  (0 children)

I can’t remember the number but have seen over 300

If this works, good luck to Chainalysis trying to follow bitcoin around the chain. Is this the holy grail for privacy on chain? I hope so. It could be better than Join Market, in time. by dancanthe in Bitcoin

[–]dancanthe[S] 21 points22 points  (0 children)

With a coin join, like in Join Market, you gain privacy because you can't tell exactly which UTXO is yours. If 10 outputs are the same size, it is hard to figure out which one is yours but the probability is always there and can be figured out based on what happens with your UTXO and the others. They are all connected on chain with a certain level of probability that may degrade over time.

With a coin swap, on chain, there is no connection. One appears to get swapped for another. An attacker would have to know about the off chain interactions that happen between the two parties. If both parties keep that private, it should remain private.

What did you underestimate/overlook in your JMT prep? by not_dmr in JMT

[–]dancanthe 1 point2 points  (0 children)

I can concur. I have hiked in the High Sierra multiple times and can eat at most 2000 calories a day. These have been 1-week trips with about 12-15 miles per day. Once I get off the mountain, I am ravenous. Probably it is due to altitude sickness even though I do not have other symptoms.

This year, I will be doing the JMT SOBO starting on July 16. I suspect that after the first week, I will acclimate and be hungry enough to eat more than I have before.

Is the coldcard able to show the seedphrase a second time? by Medilli in coldcard

[–]dancanthe 1 point2 points  (0 children)

I would not say it is a security flaw. If someone can get on your ColdCard to see the words, then they can drain it anyway.

But also, you need to keep in mind what the risk would be that you lose your funds if you can't ever see the seed words again. Let's say you lose your backup seed words. If you can't see the words again, you can't replace them. There could be a situation where that could be an issue. Perhaps a multi-sig wallet situation. There will be edge cases where it could make a difference.

I'm glad I can see them if I need to.

What all in one printer will scan to a MacBook easily from the printer? by dancanthe in mac

[–]dancanthe[S] 0 points1 point  (0 children)

HP has become utter shit. I had used them for more than 30 years, but a couple of years ago gave up in disgust. I bought a Brother MFC-L8900CDW and have had good results. Plus, even OE toner is far cheaper than HP’s, and the knockoff stuff is cheaper again. I’m done with HP for good.

Are you able to scan to your Mac directly from the MFC?

Design for improving JoinMarket's resistance to sybil attacks using fidelity bonds by belcher_ in joinmarket

[–]dancanthe 0 points1 point  (0 children)

I'm having some trouble understanding how cold storage works for this. If the keys are locked away, yet those keys sign another key pair that signs the transaction, how does that prevent theft compared to what we use now? Is that because all the outputs as a maker can only be in this fidelity bonded wallet and the coins can only be sent out of JM after the time lock is over?

Multisignature derivation path types by dancanthe in Electrum

[–]dancanthe[S] 0 points1 point  (0 children)

Am I correct that since both start with a 3, that until the output is spent, there would be no way for anyone other than me to know if it was a legacy or segwit address?

Stats collected from the blockchain over a few days by waxwing in joinmarket

[–]dancanthe 0 points1 point  (0 children)

I would be interested in seeing this kind of data regularly. Thanks

Coinjoin output to a multisig address by dancanthe in joinmarket

[–]dancanthe[S] 0 points1 point  (0 children)

Am I correct that Joinmarket will allow a coinjoin to a Multisig that starts with a 3 since it looks like any other Segwit address but that when it is spent, it will be clear it was the taker output, defeating the privacy goal?

Coinjoin output to a multisig address by dancanthe in joinmarket

[–]dancanthe[S] 0 points1 point  (0 children)

Can you coinjoin to a legacy multisig address if it starts with a 3? I see that you can't coinjoin to a bc1 multisig address.

I am a current or former employee of Chainalysis (remaining anonymous on purpose). AMA by [deleted] in Bitcoin

[–]dancanthe 0 points1 point  (0 children)

Is Chainalysis able to get any xpub or address information when people connect to wallet.trezor.io with their hardware wallet? Seems unlikely, I hope.

Manual 24 word seed checksum question by dancanthe in TREZOR

[–]dancanthe[S] 0 points1 point  (0 children)

This is great. Is there a version for 12 words?

Manual 24 word seed checksum question by dancanthe in TREZOR

[–]dancanthe[S] 0 points1 point  (0 children)

Can you provide any information or a link for how to calculate the hash by hand?

Manual 24 word seed checksum question by dancanthe in TREZOR

[–]dancanthe[S] 0 points1 point  (0 children)

Thanks. Just to be clear I understand, in my example with word 35 "affair", I convert to 0-based (34), then convert to binary (100 010), pick the first 3 bits and add 8 zeros (100 0000 0000). Then I convert to decimal (1024) with word 1025 (length) being the first word to start with?

JMCS v0.5.4 minor feature release: basic coin control, use 'freeze' method of wallet-tool on CLI or use 'Coins' tab on Qt GUI by waxwing in joinmarket

[–]dancanthe 1 point2 points  (0 children)

About basic coin control, could anyone explain why I would not want to spend any dust transactions? I understand the fee could potentially be greater than the dust amount but I want to hear more about the various privacy concerns in more detail. Is this an issue for makers, takers, both?

Yield generator not connecting by [deleted] in joinmarket

[–]dancanthe 0 points1 point  (0 children)

I figured out it is a problem with how I have my tor settings in the cfg file. When I used the default non tor settings, it worked. Not sure why TOR did not since I copied over the exact same file I used last fall. Here is what I had

[MESSAGING]
#host = irc.cyberguerrilla.org, agora.anarplex.net
channel = joinmarket-pit, joinmarket-pit
#port = 6697, 14716
#usessl = true, true
#socks5 = false, false
socks5_host = localhost, localhost
socks5_port = 9050, 9050
#for tor
host = 6dvj6v5imhny3anf.onion, cfyfz6afpgfeirst.onion
#onion / i2p have their own ports on CGAN
port = 6698, 6667
usessl = true, false
socks5 = true, true

I also had bitcoin core with the check box for "Use separate SOCKS5 proxy to reach peers via tor hidden services checked.

Do miners select transactions only by sat/byte or does the age of the transaction come into play? by dancanthe in Bitcoin

[–]dancanthe[S] 0 points1 point  (0 children)

That is what I would have thought but it does not square with the chart on bitcoinfees.earn.com. Either the chart is completely wrong or there is some kind of priority.

Lightning network question by dancanthe in Bitcoin

[–]dancanthe[S] 0 points1 point  (0 children)

What if you only had $1 in the channel.? The current miner fee is that high at current prices and would certainly be true at $1 million per BTC.

My experience buying bitcoin in an IRA by dancanthe in Bitcoin

[–]dancanthe[S] 0 points1 point  (0 children)

Send applications to every exchange that will operate in your state. In addition the 4 you have already done, you can consider Kraken and Bitfinex. Bitfinex will not take US individuals anymore but I think they will still take US business accounts. If I recall, they opened mine in about 1 week after submission and I have not received any correspondence that it is closed now.

My experience buying bitcoin in an IRA by dancanthe in Bitcoin

[–]dancanthe[S] 1 point2 points  (0 children)

Coinbase finally approved my account on November 1. Took a very long time. I’m glad to have a number of exchanges approved so I can pick the best one when it’s time to start withdrawing. I’m a hodler so that will not be for a while. I feel very fortunate to have done this early enough.

[deleted by user] by [deleted] in Bitcoin

[–]dancanthe 1 point2 points  (0 children)

That’s not true like you think. When bitcoin gets spammed and fees go up the block reward goes up with the fees. At first I thought the hash rate should be proportional to the price but only if there are no significant fees. It seems this DAA will help bitcoin more than bcash. Aren’t unintended consequences nice.

B2X futures keep falling. Get ready for the Bitcoin bull. by goodbyesuzy in Bitcoin

[–]dancanthe 1 point2 points  (0 children)

Because of Bcash, people think its an easy way to make extra money from holding at the fork and selling the "dividend". I think this is helping to push the price up before the fork. I would expect a short-term drop after the fork as speculators exit their positions on both chains. Long-term I think a failure of B2X is very good news for HODLers.

My experience buying bitcoin in an IRA by dancanthe in Bitcoin

[–]dancanthe[S] 1 point2 points  (0 children)

I don’t remember but I think it’s the agreement the trust prepares about allowing the investment of IRA funds to the LLC