Bitcoin Core transaction fees are a crisis waiting to happen. I tried to use my custodian ChivoWallet a few days ago when transaction fees were below $2, I tried to send my funds on-chain and my transactions were declined, the amount at the moment was around $28. I could send my money out using custodian services Chivo to Wallet of Satoshi, and from WoS to Bitcoin Cash, and once it was on BCH to fiat value. El Salvador's government is supposed to cover the transaction fees…
Bitcoin Core transaction fees are a crisis waiting to happen. https://read.cash/@francis105d1/bitcoin-core-transaction-fees-are-a-crisis-waiting-to-happen-9152d1d5
Buttcoin clown show. https://i.imgur.com/D4IGb7I.png Meanwhile, BitcoinCash is processing cheap transactions like nothing. https://i.imgur.com/hwfXCu8.png https://explorer.melroy.org/
Bitcoin Core Dev Wages War Against BRC-20 Ordinals ‘Network Spam https://beincrypto.com/bitcoin-core-dev-war-brc-20-ordinals-network-spam/ The division has started another fork coming? Blockspace, backspace, again Are Ordinals An Attack On Bitcoin's Fungibility? https://hypemoon.com/2023/3/are-ordinals-an-attack-on-bitcoin-fungibility #BitcoinCash solved that issue a long time ago. 32Mb is enough for many transactions #BCH
Ledger Nano wallets are no longer safe. Ledger just added a bug to your Ledger Nano hardware wall, they are calling it Ledger Recovery and promoting it as a feature, and a good thing for users, but it is, not at least for those who want to custody their private keys without the need of a custodian or any other third party. Appearing only the Ledger Nano X will be the one that will be receiving the new firmware update, and supposedly the other version won't receive that…
Ledger Nano wallets are no longer safe. https://read.cash/@francis105d1/ledger-nano-wallets-are-no-longer-safe-499186c6 They never were safe, they let us know so we find other solution
Macro technical analysis. I think that the whole market has been in a long-term bull trend that has not been confirmed yet, and will only confirm once all-time-highs are reached again, but by that time you would had mess up many of the good opportunities that the bear market offers the risk is always that price may always go lower than what you bought, but that is the risk traders must take to get a chance in making money in the markets. The Dow Jones. The Dow Jones has been…
Ledger hardware wallet alternatives. I have been trying to find a replacement for my current hardware wallet provider which is Ledger Nano. Ledger has introduced their KYC custodial service to restore your seed phrase but that alternative could open vulnerabilities to current users who don't wish to use that service because for that service to work you need to be able to extract the secret from the hardware device which exposes the device to future attack vectors. So the…
The lesson that Ledger hardware wallets gave us. The lesson that Ledgar gave us is that you must not trust all closed-sourced software or hardware at all, and that includes to a certain extent Bitcoin.com wallet because they have decided not to release their code and as such you don't know if the application sends out your private key to a third party. Ledger just told us that their new Ledger Recovery can be recovered by a government if your person gets a serpent The 3…
The lesson that Ledger hardware wallets gave us. https://read.cash/@francis105d1/the-lesson-that-ledger-hardware-wallets-gave-us-4b61dab3
Electron Cash as an offline wallet. An alternative to Ledger hot wallets. Read at the bottom the best option. Ever since Ledger Nano hardware wallet gave us the bad news their wallets can now be compromised by their firmware updates if it is not that they have already planted compromised firmware in our devices, I have been looking for a solution that could give peace of mind when using my cryptocurrencies. For everything DeFi that is compatible with EVM and Ethereum, I…
Electron Cash as an offline wallet. An alternative to Ledger hot wallets. Yeap, Electron Cash mobile can serve as an air-gap wallet. https://read.cash/@francis105d1/electron-cash-as-an-offline-wallet-an-alternative-to-ledger-hot-wallets-91260946
I guess my next article must be. How to set up Electron Cash to properly be used as an AirGap offline cold storage wallet?
How to jump geolocation? Cryptocurrency liquidity jumps geolocation just like miners did. If you haven't noticed many altcoins exchanges and almost all centralized exchanges are imposing limits on US citizens, and the reason is that exchanges don't want to deal with US regulators. In the case of the European Union, they have introduced the MiCA regulations which impose tracking on all trades. The exchanges must know who their customers are and they must track their users…
How to jump geolocation? Cryptocurrency liquidity jumps geolocation just like miners did. https://twitter.com/francis105d1/status/1661137537258389505 Let me explain there are little computers called Rasberry PI little computers and routers that have internet access either using WiFi or a direct cable that technology will enable money to move from one location to another. Miners jump from one bad location to another, the same will happen to money in the cryptocurrency world…
All Lightning Network wallets are hot wallets. All Lightning Network wallets run on your phone or computer online and that means they need an internet connection to work and can not work without it. This is the nature of the Lightning Network protocol because that is the only way LN will work and could work, there is no way around it if you want to use Bitcoin Lightning Network. LN custodian wallets only add up to the problem that LN offer which is being online almost all…
All Lightning Network wallets are hot wallets. https://read.cash/@francis105d1/all-lightning-network-wallets-are-hot-wallets-79667df7 All Lightning Network wallets run on your phone or computer online and that means they need an internet connection to work and can not work without it. This is the nature of the Lightning Network protocol because that is the only way LN will work and could work, there is no way around it if you want to use Bitcoin Lightning Network.
I found a good surprise in my old wallets. I found around 0.028 BCH that was lost but was found because I decided to check my balances on my old wallet backups. The money came from tips and it was from NoiseCash was my first account I don't quite remember that well.
I found a pleasant surprise in my old Bitcoin Cash wallets. I decided to download the Bitcoin.com wallet again and check my backups for any money that I have may left sitting idle either because I didn't notice or because someone sent me a nice tip on addresses that I have posted all over the place. My small effort paid off because I found some change that is not much in fiat value but it gave me a nice smile on my face because it is money that was lost and now has been…
I found a pleasant surprise in my old Bitcoin Cash wallets. https://read.cash/@francis105d1/i-found-a-pleasant-surprise-in-my-old-bitcoin-cash-wallets-b81ffdf3 I decided to download the Bitcoin.com wallet again and check my backups for any money that I have may left sitting idle either because I didn't notice or because someone sent me a nice tip on addresses that I have posted all over the place. My small effort paid off because I found some change that is not much in fiat…
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