Bitcoin Armory – Python-based fully-featured Bitcoin ...

Bitcoin Wallet

Everything about bitcoin wallets.
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New to Bitcoin? Confused? Need help? You've come to the right place.

Bitcoin is an internet based decentralised currency. Similarly to Bittorrent, but Bitcoin uses a public ledger called the blockchain to record who has sent and received money. It's very new, and for many very confusing. BitcoinHelp aims to rectify this. Whether it be explaining how it works, how to use it, how to buy Bitcoins, how to integrate Bitcoins into your business. Sharing your successes as well as failures in order to help others is also gladly received. Ask away!
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Armory Bitcoin client introduces new paper back features: printer-snooping protection and M-of-N paper backup

Armory Bitcoin client introduces new paper back features: printer-snooping protection and M-of-N paper backup submitted by runeks to Bitcoin [link] [comments]

PSA: The reference client (Bitcoin Core) is not a good wallet. Its primary purpose is as a template for the protocol. Use a deterministic wallet like Armory or Electrum instead.

Bitcoin Core is designed to be the most basic implementation of the Bitcoin protocol available. Even though it can be used as a wallet, this doesn't mean that it is a good idea to do so. As the wallet is non-deterministic, you must constantly update your backups to ensure all change addresses are available and it will not remain synchronized if you try sharing a wallet between multiple computers.
Deterministic wallets on the other hand use a single master key from which all other private keys are derived. a single backup is sufficient to restore all change addresses ever associated to the wallet regardless of how many are created or how many computers are used to manage the wallet.
Armory is the most powerful, secure, and versatile desktop wallet software available and is the generally the best option so long as you have the resources available to download the entire blockchain. Note that Armory will require you to download and install Bitcoin Core which it then uses to manage the blockchain. Armory itself will manage the transactions and private keys for one or more wallets. Armory also has built in support for offline wallet signing and multi-sig wallets.
If you are unable or do not wish to download the blockchain, Electrum is probably your best option. Unlike Armory, Electrum can only work with a single wallet at a time but since it doesn't download the blockchain you can have it up and running quickly. Understand that since it references the blockchain from nodes on the internet instead of a downloaded blockchain you will need to trust whoever manages those nodes. Because of this it should be considered slightly less secure than Armory.
submitted by Philip_K_Fry to Bitcoin [link] [comments]

Colored coin client preview #1 (based on Bitcoin Armory)

I think it's already good enough for people to play with it. (Although certainly it's not ready for anything serious.)
For people who are not familiar with concept, colored coins is a technology which allows people to represent arbitrary tokens (e.g. issue private currencies, stocks, bonds, etc.) using small quantities of bitcoins. It is interesting because it would allow us to create decentralized and secure markets. (As decentralized and secure as Bitcoin itself, at least in theory.) See here.
Notes about current release:
Windows binaries: http://killerstorm.xen.prgmr.com/alex/ArmoryX-0.2.5.zip
There are no Linux binaries, but it's really easy to build it on Ubuntu or Debian:
(Note: if you're already using Armory, it is a good idea to hide you ~/.armory so it won't be seen by this experimental Armory mod. Or, perhaps, just don't run this experimental mod.)
Before you run it, make sure that bitcoind or Bitcoin-Qt is running and fully sync'ed. Armory takes up to 10 minutes to start (this version is slower because it additionally scans for colored transactions) and requires ~ 1 GB of RAM.
At start it will offer to create a wallet, do not enable encryption, otherwise issuing colored coins won't work.
Send some bitcoins to this new wallet, 0.02 BTC is probably enough to issue some colored coins and to pay for tx fees.
There is a drop down to choose color. Balance is displayed for a currently chosen color (i.e. if you chose TESTcc it will show how many TESTcc units this wallet owns), and when you send coins you send coins of that color.
Initially 'uncolored' is selected, it means normal BTC. This drop down also has TESTcc ("test colored coins") and "All colors" (this mode is just for debugging, you cannot send coins in this mode).
Here's what you can do now:
  1. Ask somebody to send you TESTcc. (We want to make it automatic, Satoshi Dice style, but unfortunately that code isn't quite ready.)
  2. Find and install other color definitions.
  3. Issue your own colored coins and send them to somebody who wants them. (LOL.)
Let's start from option #3. There is 'Hallucinate' menu. (It is called 'hallucinate' because colors do not exist on blockchain level, it is a client-side convention.) Choose 'Issue colored coins'. Likely all you need to change is name, but you can tweak satoshi-per-unit and number of units if you want.
When you click Issue it will create a new transaction (using your uncolored BTC) and will create a color definition. Optionally it will also upload your color definition to color definition registry. (This registry runs on my server, it might be down.)
You should note ColorID, this is how other people can refer to these coins (name is ambiguous).
You can now choose this new color in drop down and it will show your balance. (E.g. 1000 units.)
Now you'll perhaps want to send these coins to somebody. That person would need to install your color definition first. If you send colored coins without warning they might be lost, i.e. mixed with uncolored ones. For same reason it makes no sense to send them to wallet which isn't color aware.
For example, you can post on some forum:
I've issued LOLwut coins (ColorID: 36738fe78a443656535503efb585fee140a37d54), each unit represents a bond with face value of 0.1 BTC payable by me, Trololo, via buy back. I promise to buy back all bonds in a month.
Now people who are interested in this LOLwut coin issue will copy ColorID, paste it into Hallucinate > Download color definition dialog, and if this color definition is published it will be downloaded and installed. Armory restart is required to complete installation.
After installation that person will be able to see these LOLwut coins.
Note that if you do not trust my registration server, you can publish color definition yourself: go to ~/.armory/colordefs, find 36738fe78a443656535503efb585fee140a37d54.colordef and upload it to your web server. Then you can give people URL like http://example.com/36738fe78a443656535503efb585fee140a37d54.colordef and they can download it by URL.
Or they can just obtain this file by any means and copy it to ~/.armory/colordefs directory. It is decentralized, nobody can prevent you from issuing colored coins.
I think that's all. There is also Hallucinate > Manage color definitions dialog, but I hope it's easy to figure out how it works.
We are working on improved version, particularly on p2p exchange feature.
I've set up an IRC channel for people to talk about trying out colored coins: #colored-coins-otc on Freenode.
submitted by killerstorm to Bitcoin [link] [comments]

Armory - a new Bitcoin client with a lot of features

Armory - a new Bitcoin client with a lot of features submitted by Matoking to Bitcoin [link] [comments]

Armory is a full-featured Bitcoin client, offering a dozen innovative features not found in any other client software!

Armory is a full-featured Bitcoin client, offering a dozen innovative features not found in any other client software! submitted by cryptocurrencylive to CryptoCurrencyLive [link] [comments]

Paper backups using the Armory client (X-post /r/bitcoin)

Paper backups using the Armory client (X-post /bitcoin) submitted by Anenome5 to BitcoinWallet [link] [comments]

Bitcoin champion official

Bitcoin champion official
Bitcoin champion Print ArticleShare this article on FacebookShare this article on TwitterShare this article on LinkedinShare this article on Delicious1Share this article on DiggShare this article on RedditShare this article on Pinterest1
Searching for a Bitcoin Buying Guide? Pondering where to begin? Individuals have a ton of misinterpretations about bitcoin - the absolute first generally known and acknowledged digital money around the world.
https://preview.redd.it/8i4q0vbud1u51.jpg?width=1193&format=pjpg&auto=webp&s=400b5fcc3f8cfc424fdc3a03bf2e40c3950e9b9f
Many individuals think for instance that lone programmers and obscure individuals use it. Anyway bitcoin is really going standard with everybody from TigerDirect to o Dell and even Subway tolerating installments in bitcoin now.
Indeed, bitcoin has a ton of advantages over different monetary standards. For instance, you can send bitcoins to somebody as installment without experiencing the bank broker (and get hit with additional expenses). It's likewise a lot quicker than sending cash through a bank wire or move. You can send bitcoins to somebody and make them get the coins like a flash. B
With the entirety of this present, it's nothing unexpected that numerous individuals are currently attempting to purchase bitcoin unexpectedly. Anyway it's not as simple as setting off to your bank and pulling back bitcoins - or heading off to a store and plunking down some well deserved money for

The framework works a piece uniquely in contrast to that. This Bitcoin Buying Guide will go over a couple of things you have to know before you purchase - so you can purchase securely and safely.

Above all else, while the cost may be over $2000 us per coin, you don't need to purchase a whole bitcoin. Most places will let you purchase parts of a bitcoin for as meager as $20. So you can begin little and go from that point as you get more OK with the manner in which things work.
Besides, this article is for general purposes just and not to be taken as money related exhortation. Bitcoin can be hazardous and before making any buy you ought to talk with your money related guide to check whether it's appropriate for you.
The primary activity before you purchase your coins is to get a virtual wallet to store your coins. This wallet is a line of text that individuals can use to send you bitcoins.

There are various kinds of wallets including ones you download to your telephone or PC, online wallets and even disconnected, cold stockpiling wallets.

A great many people want to get a wallet on their telephone or PC. Mainstream wallets incorporate Blockchain, Armory, Bitgo MyCelium and Xapo.
Generally it's as basic as downloading the wallet to your telephone as an application or downloading the product to your PC from the wallet's principle site.
There are a few kinds of spots to purchase and every one is somewhat unique. There are online merchants that will sell you bitcoins straightforwardly for money (or bank wire or charge card).
There are trades where you can purchase and sell bitcoins from others - like a securities exchange. There are likewise nearby trades that connect you up with venders in your general vicinity hoping to sell. Bitcoin champion
There are additionally ATMs where you go to buy with money and get your coins conveyed to your wallet in minutes.
Each bitcoin merchant has their advantages and downsides. For instance ATMs are extraordinary for security, however they'll energize you to 20% on head of the current value, which is absurd. (On a BTC cost of $2000, that $400! So you're paying $2400 rather than $2000).
https://preview.redd.it/6vfnhrlvd1u51.jpg?width=2560&format=pjpg&auto=webp&s=f00d6b2c52ba69f5f10bf22273a8eff3298b1ba8
Regardless of where you choose to purchase, make sure to do your exploration and go with a believed merchant with a decent notoriety and solid client support. First time purchasers will particularly have questions and may require the additional help to assist them with their first exchange.
Take as much time as necessary and examination the better places to purchase before you choose. Elements to consider incorporate coin costs, additional charges, strategy for installment and client assistance.
Whenever you've discovered a spot to purchase, prepare your assets (for example you may send a wire move or utilize your Visa to finance your record). At that point sit tight at a decent cost. (Bitcoin costs are continually fluctuating 24 hours, 7 days every week). At that point put in your request when you're prepared.
When your request is filled and you have your coins, you'll need to send them to your wallet. Just enter your bitcoin address and get the vender to send you your bitcoins. You should see them appear in your wallet inside minutes to 60 minutes (contingent upon how quick the vender sends them out).
Presto, you are presently a bitcoin proprietor. You would now be able to send coins to pay for different merchandise and enterprises, or hold tight to them for a blustery.
https://preview.redd.it/5a9jjoxmd1u51.png?width=333&format=png&auto=webp&s=04e1d18d92c6d4a5fc7d192703b02ba29748940a
submitted by Bitcoinchampionorder to u/Bitcoinchampionorder [link] [comments]

If you support a SegWit free chain you should start running a Bitcoin ABC full node today!

You can get it here: https://www.bitcoinabc.org
Great presentation of Bitcoin ABC by deadalnix: https://www.youtube.com/watch?v=By0w43NQdiY
submitted by sandakersmann to btc [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]

Attention anyone with a significant sum of money on an exchange or other web wallet

  1. Go to https://www.bitaddress.org and save the page to a USB stick.
  2. Get a secure, completely offline computer.
  3. Put the USB stick in this computer and open up the page.
  4. Go to the Paper Wallet tab and check the BIP38 box.
  5. Enter a secure pass phrase (write it down someplace safe) and generate your paper wallets.
  6. Print the wallets.
  7. Withdraw your funds from the exchange to the "Load and Verify" QR code.
  8. Put the paper wallet somewhere safe.
Congratulations!
Now you won't become one of these people:
http://www.reddit.com/Bitcoin/comments/1rrnrg/39917_bitcoins_stolen_from_users_of_sheep_market/
http://www.reddit.com/Bitcoin/comments/1rs0bq/woke_up_to_an_email_from_mt_gox_there_has_been_a/
http://www.reddit.com/Bitcoin/comments/1fnna1/53_bitcoins_were_just_stolen_from_my_mt_gox/
http://www.reddit.com/Bitcoin/comments/1li3v9/102_btc_stolen_of_my_blockchain_can_anything_be/
http://www.reddit.com/Bitcoin/comments/1g4vwk/100_bitcoins_stolen_from_my_mtgox_account/
http://www.reddit.com/Bitcoin/comments/1rexob/bitcoin_payment_processor_bips_attacked_over_1m/
http://www.reddit.com/Bitcoin/comments/hzgja/computer_compromised_and_bitcoins_worth_500000/
http://www.reddit.com/Bitcoin/comments/1rjd9d/1295_bitcoins_stolen_in_heist/
http://www.reddit.com/Bitcoin/comments/1r9rtp/i_just_had_39_btc_stolen_from_my_mtgox_account/
If you do choose to leave any bitcoins online, use 2-Factor-Authentication!!!
Thanks to Amanojack for this disclaimer:
Do your own research about change addresses and other technical aspects before attempting to retrieve bitcoins from your paper wallets.
Thanks to kilorat for this reminder:
PRACTICE! Go through all the steps, then make sure you can load up the private key with a wallet software. Then once you know that you are doing it right, destroy the address and make a new one for real.
submitted by PotatoBadger to Bitcoin [link] [comments]

Patch 0.8.0.1208

Patch has been Released!

The 0.8.0.1208 update has added the new Interchange map and new game mechanics to Escape from Tarkov
We are happy to announce the release of a major update, 0.8.0.1208, for the closed beta version of multiplayer online FPS Escape from Tarkov. This game update introduces the new Interchange map, modern and somewhat atypical compared to the rest of Tarkov locations so far. The Interchange, besides obvious highways, features a huge shopping mall with shops and restaurants. The new location provides conditions for honing new confined space combat tactics. It should be noted that for some time after the update there will not be any AI adversaries on the location, they will be added in the following patches. Also, traditionally, along with a new location, we have introduced a new trader - Ragman, who sells everything related to garments and equipment.
We also would like to announce that the current update applied new, experimental methods for optimizing the handling of game physics on client and server, as well as new means to reduce network latency. In addition, specifically for the new Interchange map, new object rendering optimization technology was applied. Over the course of the upcoming testing, these methods will be applied to other locations as well, resulting in an additional performance gain. We admit that in the process of testing the new game update, you may experience various problems associated with new methods of optimization and new game features. All the emerging problems will be processed through the system of bug reports and promptly fixed. Moreover, the launcher was updated as well, along with numerous other fixes and changes. The new EFT update has also introduced a basic training that is going to help new players to understand and master the basic mechanics of the game faster and better.
"As promised, we are gradually and continuously introducing new features and realistic mechanics," said Nikita Buyanov, the head of Battlestate Games. "So, after this update, players will have to spend more time on loading and unloading of the magazines, check the number of cartridges in the magazine and chamber. Note that different magazines affect the loading/unloading rate differently, and there is now a new specialized character skill - Mag Drills."
Other additions to the game content include new weapons, among them, the Springfield Armory M1A, Remington 870, AAR, APB and new models of AK including 100-series as well as numerous items for weapon modification. Overall, more than 60 new gear and equipment items were added to the game, including bags and vests, body armors and helmets, weapon modifications, ammunition and medicine cases, hats, glasses, and balaclavas. A detailed list of the new equipment was previously posted on our official website of the game and in the social network communities. You can find the patch notes below!
Finally, the update has been combined with the long-anticipated profile reset (wipe).
The following updates, among other improvements and changes, are going to further improve the project performance, network quality, bug fixes, and add new game combat mechanics. Soon, Escape from Tarkov is scheduled to feature the advanced armor system, flea market, Hideout and other features that were mentioned in the plans for 2018. Development and testing of the future innovations are already underway. Also, the test results of this update will have a crucial influence on deciding the Open Beta launch date. We are sure you are excited for all this as much as we are.

Patch Notes

Please take note that first hours after the update servers may experience heavy load leading to increased matching time possible network delays.
Please, take into consideration that this update is a part of the Closed Beta testing. Some of the introduced innovations can potentially lead to previously unknown issues or bugs. Please be sure to report all discovered issues through the launcher built-in bug report system. This will help fix them promptly.
This update comes with a profile reset/wipe. All bonus gears can be obtained again from your profile.
Added:
Time-consuming loading/unloading of ammo
  • Loading/unloading of ammo into the magazine does not happen instantly. The time required to load/unload one cartridge may vary depending on the magazine and the level of the new skill, Mag drills.
  • Time is spent on loading and unloading ammo in the raid only, in the menu the procedures stay the same as before.
  • Loading and unloading can only be done with inventory open. If you close it or switch tabs, loading or unloading is interrupted. The cartridges that were already loaded into the mag, stay in it (and vice versa in case of unloading).
  • Only one magazine can be loaded or unloaded simultaneously.
  • The Info window displays the loading/unloading and mag check speed bonus if it is not 0.
  • If you’ve started loading an empty mag, or unloading a full one, the precise number of rounds is displayed.
Checking mags, hidden precise number of cartridges in the magazine
  • By default, it is unknown how many cartridges are in the mag, if it is not examined (hereinafter referred to as "Unknown/Checked"). Mag counter displays an unknown number of cartridges. For example: (?/30)
  • Check accuracy is determined by new "Mag Drills" skill.
  • The magazine can be checked either by animation - Alt+T or through the interface by Right-clicking and selecting Check magazine.
  • If you checked the number on the 0 skill level, then it returns "~empty" - "<1/2" - "~1/2" - ">1/2" - "~full". As skill level 1 an approximate number will be shown. On level 2 - the precise amount of ammo will be provided.
  • Full and empty mags are considered to be checked.
  • All the magazines you take into the raid are checked automatically.
  • Loading/unloading a checked mag doesn’t change the state, it remains checked.
  • After firing, the number of cartridges in the magazine become unknown.
  • Ammo check precision now depends on the Mag Drills skill, not on Weapon Mastering.
  • Outside of the raid, the number of cartridges is always displayed precisely.
  • If you have dropped a checked mag and picked it back up, it remains checked. If someone picked it up and dropped it again, it becomes unknown to you.
Checking the chamber
  • The chamber also requires checking. Bnly by animation using the key binding Shift + T.
  • If you load the cartridge into an unknown chamber, it automatically becomes checked.
  • If the shot was fired from a checked mag (first shot), the chamber remains checked. Otherwise, it becomes unknown as well.
New location:
Equipment:
Bags:
Tactical Vests:
Body armor:
Helmets:
Weapon modifications:
Cases:
Weapons:
AI Improvements:
Optimizations:
Fixed:
Changes:
Known issues:
submitted by LewisUK_ to EscapefromTarkov [link] [comments]

Answered Questions from GFL's November Twitter and FB Q&A

Yup, its that time of the month again.
 
This post is meant to compile all the answered questions in one place, for easy reference. I'll try to keep this as updated as I can
Ask questions on Twitter or Facebook
Today's TwitteFB Q&A is more or less over. If you missed it or have any unanswered questions, the Reddit Q&A's tomorrow. and the discord one on the 14th
 
Questions about dates (release dates, schedules, etc.)
 
Q: When will you guys release the name change bundle again?
A: I think you will need to wait for at least a month or two.
Q: When we will get Arctic Warfare?
A: For now, all I can tell is that it will be no later than February. Faeries are unlikely to be implemented before AW
Q: When will the Halloween and School gatcha costumes be added to black card exchange ?
A: Reading Club gacha will be added to Black Card Exchange when the next gacha comes out while Halloween gacha needs to wait for 2 more gachas. Basically every nth gacha will join Black Card Exchange when No. n+2 gacha is online.
Q: Will we have a wider variety of 2/3/5 Star AR T-Dolls incoming for the ENG version?
A: Yes, I think we can expect to have more 3-5 star AR T-Dolls in the future.
Q: When xm8 will be added into the production pool ?
A: I think you will have to wait for a while. She is unlikely to come out in the first half of next year.
Q: What is the costume gacha this month going to consist of?
A: We will announce it soon, so please let me stay silent for now.
Q: Will TMP come next month?
A: Unlikely
Q: When will we get ak12 and an94?
A: Not before the 4th major event Singularity.
Q: When will we get MDR, K5, and K2?
A: None of them is likely to come out before the second quarter of next year.
Q: In your calculations, when would we be able to catch up with CN server?
A: Our current plan is to reach the point where we are only 1 or 2 major events behind CN server, but this really depends. We may not be able to fully catch up, since we need time to do the translation, testing, adjustment and potential bug fix, but we won't fall behind too much.
Q: Any ETA for chapter 8 on the main story?
A: Story of Chapter 8 is related to the major event Arctic Warfare, so we are not going to see it before the event. Answer to a related question on chapter 9: Chapter 9 is likely to come out after the 3rd major event.
Q: DSR50 when?
A: Probably after 2 more major events.
Q: SPAS-12 when?
A: SPAS-12 will probably be in the next batch of SG T-Dolls.
Q: How long approximately until Ch.09 is released?
A: Probably after the 3rd major events, as the story of this chapter is related to the event.
Q: When will we get a new client? (CN got a new beta client recently)
A: We need to finish the new client first. Only after that can we begin to construct the new EN client.
Q: Will AEK 999 costume coming anytime soon?
A: At least not in this year.
Q: Are there any plans to rerelease the very first skin batch (the party dress one)? Since its also missing sr3-mp skin too
A: The bundle for SR-3MP will be released later, and there will probably be a rerun for this gacha in the future. (In a similar question, SR-3MP's costume was said to be coming probably next year)
Q: I see it in the loading screens and the like but when's the "Café" mode coming?
A: We should have it in this year.
Q: If you are planning to catch with the CN server, are we going to get some gachas ahead of their time? (i.e. seasonal gachas).
A: The chance is there. We are still discussing about this.
Q: Can we expect T-5000 to be added before the end of the year?
A: She may come out in this year.
Q: When are we getting M1014?
A: I don't think we are getting her before the second quarter of next year.
Q: When will RFB and her costume come out?
A: She may come out in December, but her costume will not.
Q: Any idea when steyr AUG comes out?
A: Probably in the first half of next year.
Q: Will we get G36 children skin for free like JP server?
A: Probably, though I cannot tell for sure
Q: Any plan for rescue event / 4&5* general rate-up at december?
A: Not any to my knowledge. The rescue event is likely to come in January.
Q: When will we get C-MS?
A: Not before the second half of 2019, can be later.
Q: Do you have any idea when AA-12 and K11 will be added?
A: Not anytime soon.
Q: Is it possible to get an estimate for when Ameli will be released?
A: Within this year or early 2019.
Q: When are we getting Tac-50?
A: I don't think it would be anytime soon.
Q: When we will get the next 1.5 exp event?
A: The next will probably be in early 2019.
Q: Is OTs-14 going to be available again soon?
A: She will probably become available again in Cube+(a rerun of Cube).
Q: How often will those 7 Day Frontline Supply events occur?
A: Only once, unless we update it again.
Q: Will Chapter 6 night be after fairy release?
A: It will probably come out before fairies.
Q: When will PZB-39 be added?
A: I'm afraid that it won't be any soon.
Q: Can youu add more regular t-dolls between events next time?
A: I think every batch of regular T-Dolls will consist of 5-6 T-Dolls. There may be times that we have more, but the general pace will not change much.
Q: With the BlazBlue and Guilty Gear collab announced, can we hope to see the huge DJMAX collab event in the near future?
A: Unlikely in the near future, but I think we may have it later.
Q: When will Digimind upgrade come?
A: Not before Singularity
Q: Are we gonna have the 5* pick soon?
A: I'm afraid that we are not getting it soon
Q: Will there be giveaways on December?
A: Christmas mail? Yes.
Q: Will there be children's day skins on EN?
A: There will be Children's Day costumes, though I cannot reveal the release date yet. (An answer to a related question stated that the Children's Day costumes should be coming next year)
Q: Will we get other server exclusive T-doll like how Japan have theirs and china?
A: If you are talking about exclusive T-Dolls in other server, I think we will get some of them in the future.
Q: When will G36's wedding costume be released?
A: Won't be anytime soon
Q: Will we ever get 2-for-1 deals on Oath Certificates like in the other servers?
A: Yes, I think we will have the deal in the future.
Q: How will the release schedule of non story related Digimind upgrades be like?
A: The schedule may not strictly follow the ones for older servers, but we are unlikely to have them all from day one.
Q: Can I expect an event that has a limited drop of Five-Seven this year?
A: Unlikely, should be in next year.
Q: Will Cube+ come by mid 2019?
A: Kind of, though it can come earlier.
Q: Any idea on the release of Saiga-12?
A: Probably in the first quarter of next year.
Q: When are we getting M590's (CNY) skin?
A: I don't think it would be any soon.
 
Gameplay Questions
Q: Will there ever be another opportunity to obtain SASS? i wasnt playing when she first came out but have been playing ever since.
A: The callback event is one way, but I assume that you are an active player, so the event is not for you. Still, she will probably become available again as limited drop in some events in the future.
Q: Will there be more development for Type 63? like a new costume or maybe a Digimind upgrade?
A: For now that costume is all we got for her. Digimind? Maybe, but that's not what I can talk about.
Q: Will there any live 2d costume that we can just buy, not by resupply?
A: As far as I know, there isn't any for now, though I cannot tell for sure if this will change in the future.
Q: In the anniv, can we select one dolls for free?
A: Probably.
Q: Will the dolls ever be able to interact with the dorm pets?
A: To my knowledge there is no such plans for now. Let's hope it will change in the future.
Q: Do you plan on translate and sub the rest of the lines the Dolls speak, to be available on the Index?
A: Unlikely. Those lines are not supposed to be visible.
Q: A lot of players complain about not having much to do and the game having too much time between each event or playable content being added, will we see any increase in the pacing of the game? if so how big? or is it going to continue like it has since launch?
A: We will see a generally faster pace in the future. I cannot reveal how big the increase will be but you can expect to see major events and contents release more frequently.
Q: Will the collaboration skins be able to be bought using gems later on?
A: Costumes from the GG & BB collab can only be bought with real money. The most expensive one should cost no more than $30
** Followup question: Will the future collab costumes be the same (buyable only with real money)?**
A: That depends. Some of them may be purchasable with gems, like those from DJMAX collab.
Q: Will you be re-releasing event specific dolls? (specifically Five-Seven)
A: Yes, they will probably become limited drop later.
Q: With the popularity of corpse dragging for leveling, will we ever be able to optionally resupply a single T-Doll instead of an entire echelon? It would be a greatly appreciated feature by the community, I think.
A: I'm afraid that this is unlikely to happen.
Q: How is it going the patch to fix the memory leak problems the game has after leaving it open for a long time?
A: We are making the new patch, but we still need more time.
Q: Will you guys considering to turning back the voice playback like the old one? I'm sorry to said this.. the overlapping voice update is annoying. Lot of my friends been turning off the game voice too since this update.
A: I will suggest a toggle in the next patch, since we are getting some similar reports recently.
Q: Will you ever implement real coop missions and more meaningful mini events like raids and seasonal missions with unique rewards?
A: I think we do have plans for more gameplay features, but I can't reveal much now.
Q: can we get a change for Support Echelons where they don't have the "Capture HQ" option during Night Battles?
A: Reasonable. Will suggest this to the devs.
Q: Can you add in notifications towards T-Doll and Equipment production upon completion?
A: It's up to the devs. Anyway I will let them know about this.
Q: How big is chance to got some costume on radiant collections?
A: Should be no different from normal gachas.
Q: Are there any plans for an EN exclusive unit?
A: Sorry but I can' really talk about this.
Q: In the collaboration event will we get the collaboration T-dolls through production, or via missions?
A: One of the event T-Doll will be the clear reward, while the other can be obtained as map drop or loot reward.
Q: I wanna know if we will have collaboration with other games? CoD and Metal Slug cones to mind...
A: We will have more collaborations in the future, though I cannot reveal any details now.
Q: Once the event concludes, there will be no other way to obtain the special Dolls Noel and Elphet, along with their respective outfits, correct?
A: Yes, both the T-Dolls and the event costumes will be unobtainable.
Q: I see garage and intelligence center in the dropdown for auxiliary rooms in the dorm, is there any info you can shed on what they will do or when they will be added to the game?
A: They are for the fire support units which will be implemented in the future.
Q: Is there in mind ways for users to obtain tokens more often? Grinding them takes quite some time and spending them them that fast does hurt a bit.
A: To my knowledge there won't be much change for this part.
Q: What, in your opinion, is the best possible production combination for normal and heavy production? I've been trying to get IWS and others but have hit the lowest of my luck in this game, any help?
A: I don't think it is suitable for us to reveal any recipes.
Q: Will there be a way to change your adjutant back to the default setting of "whoever is leading echelon 1"? I really liked that option but once I changed it I can't change it back. Even better would be an option that shows someone at random from your armory.
A: I think this has already been suggested to the devs. Let's hope there will be improvements later.
Q: Are there official formula for calculating battery from confort?
A: I'm afraid that I cannot reveal the formula for comfort.
Q: Can we get a feature to auto-retire t-dolls obtained in battle. Either by grade or type?
A: Don't know if it is possible, but I will suggest to the devs.
Q: Does specialized recipes exist for T-Dolls as well?
A: I think that would still be a question that I can't answer.
 
Misc Questions
Q: What happened on the CN server about the Valkyria Chronicles collab?
A: I can't answer this question
Q: Are we getting split screen support back?
A: For now it is disabled out of concern for stability, but I cannot tell for sure if it will be available again later. It really depends.
Q: Will you guys be doing any booths or appearances at upcoming or future Anime conventions/exhibitions?
A: We do have plans for conventions, but it will take some time to realize.
Q: Will there be any plan to sell GFL merchandise online in the global region?
A: Yes, we do have such plans, but we still need more time to do so.
Q: Is it possible to have a global server for en and jp similar to Granblue. Like single server that can toggle EN and JP languages? Also, is it OK to add subtitles on the battle phases?
A: For now I don't think we will have the toggle. The current UI has undergone many changes to have the English text fit into it, so the toggle means another set of UI and related picture assets, and the size of the game will be unacceptable.
Q: when is the top up bonus going come back? you know, like the bonus gems you get from the first purchase of that particular gem bundle?
A: It may get reset annually, though I cannot guarantee that this will be the same for EN server.
Q: Considering JP's current content pacing, will EN and JP will eventually run alongside in terms of contents and events? Or EN will keep its pace the way it is?
A: The EN server is following its own schedule, so the release of contents will not be synchronized in the two servers.
Q: English dubbed voices a possibility?
A: To my knowledge we do not have such plans for now.
Q: Since the game is more contents which the game size is getting bigger and heavier, have you considered the suggestion implementing the other option where you can download the game patch in SD card ?
A: I'm afraid that we do not have such plans for now.
Q: Are we getting the Honkai collab?
A: I don't think I'm allowed to talk about this.
Q: Any plans on releasing it on SEA?
A: Yes, we are considering release a global version next year.
Q: Will the official manga have a english version?
A: Can't tell for sure now.
Q: Not exclusive to Global but is there any possibility of a 'Dolls not yet collected' filter being added to the index?
A: Sounds reasonable. Will suggest this to the devs.
Q: Will there ever be a co-op mode/guild implemented into the game? I have multiple ideas of how it COULD be implemented if yall wanted to make it happen, but am curious on what yall have to say about these thoughts.
A: For now there is no such plans, but there is a chance that more interactive elements being added to the game.
Q: Will you fix the misplaced display for some characters? (DP28 for example)
A: Yes, we need more time to do a thorough check as the problem happens in multiple servers.
Q: About the game size which getting bigger for every update (3.5 GB rn), do you have any solution for players who have memories problem?
A: I'm afraid that for now we cannot significantly reduce the size of the game as the picture and sound assets take up much space.
Q: Are you satisfied about the community and how you've done with the game since the launch of the EN game?
A: I think we have done an okay job, but there are also improvements we can make in the future. Also, I think our community is really nice.
Q: Will we ever get a 4* pick ticket?
A: Yes, I think we will have one at some point.
Q: Why is maintenance on a Tuesday?
A: No specific reasons. We just picked a day. In another related question, this was the answer: It doesn't have to be on Tuesday, but this suits our working schedule best.
Q: What is third-party on payment methode? I see it on announcements but never know what is it
A: Like someone who claims that they can buy you gems.
Q: So if the SEA server is open, will there be any option to migrate ID there?
A: Still under discussion
Q: Will the music from the Girls' Frontline Orchestra event be released anywhere?
A: Honestly I don't know much about this either.
Q: Do you accept bitcoin as valid payment?
A: We accept any payment approved by Apple/Google.
Q: Any chance Tuesday maintenance can start 5 minutes after daily reset so we can have some time to use simulation points?
A: Sounds interesting. I will talk about this with the team.
Q: Will there ever be doll or equipment trading?
A: To my knowledge there isn't going to be any in the near future.
Q: Will the costume bundles get a rerun in the future?
A: I'm afraid that there won't be any for costume bundles.
Q: Any easier way to top up gems? Google play bit difficult for me
A: Unlikely, it is prohibited to add any payment option other than the direct Google top-up.
Q: Will you try to make to adversite the game more to get more people to play it , or do u think the game it's fine with the current playerbase it has?
A: We will probably have an advertising campaign upon the release of the collaboration.
Q: Would it be possible to enable us to move the game to an sd card? The game is getting big and I'd like to save space on my internal memory
A: I'm sorry but we do not have such plans for now.
 
Fluff Questions
Q: Why is SOPMOD so damn cute?
A: Because she was born to be so?
Q: Is Kar-98k your favourite t-doll, why?
A: She is one of my favorite. I like the way she looks and I'm a big fan of rifles.
Q: Which dolls would you : - pat, - oath, and - corpsedrag?
A: Zas Zas Zas
Q: How long will it take before M99 comes home?
A: When you see the 04:55:00 timer?
Q: What's in an GFL MRE ration?
A: Just normal MRE.
Q: What species is G41?
A: That's probably one of the biggest mystery in the game.
submitted by Ionascrub to girlsfrontline [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]

The Great Bitcoin Bull Market Of 2017 by Trace Mayer

By: Trace Mayer, host of The Bitcoin Knowledge Podcast.
Originally posted here with images and Youtube videos.
I just got back from a two week vacation without Internet as I was scouring some archeological ruins. I hardly thought about Bitcoin at all because there were so many other interesting things and it would be there when I got back.
Jimmy Song suggested I do an article on the current state of Bitcoin. A great suggestion but he is really smart (he worked on Armory after all!) so I better be thorough and accurate!
Therefore, this article will be pretty lengthy and meticulous.
BACKGROUND
As I completely expected, the 2X movement from the New York Agreement that was supposed to happen during the middle of my vacation flopped on its face because Jeff Garzik was driving the clown car with passengers willfully inside like Coinbase, Blockchain.info, Bitgo and Xapo and there were here massive bugS and in the code and miners like Bitmain did not want to allocate $150-350m to get it over the difficulty adjustments.
I am very disappointed in their lack of integrity with putting their money where their mouths are; myself and many others wanted to sell a lot of B2X for BTC!
On 7 December 2015, with Bitcoin trading at US$388.40, I wrote The Rise of the Fourth Great Bitcoin Bubble. On 4 December 2016, with Bitcoin trading at US$762.97, I did this interview:

As of 26 November 2017, Bitcoin is trading around US$9,250.00. That is an increase of about 2,400% since I wrote the article prognosticating this fourth great Bitcoin bull market. I sure like being right, like usual (19 Dec 2011, 1 Jul 2013), especially when there are financial and economic consequences.
With such massive gains in such a short period of time the speculative question becomes: Buy, Hold or Sell?
FUNDAMENTALS
Bitcoin is the decentralized censorship-resistant Internet Protocol for transferring value over a communications channel.
The Bitcoin network can use traditional Internet infrastructure. However, it is even more resilient because it has custom infrastructure including, thanks to Bitcoin Core developer Matt Corrallo, the FIBRE network and, thanks to Blockstream, satellites which reduce the cost of running a full-node anywhere in the world to essentially nothing in terms of money or privacy. Transactions can be cheaply broadcast via SMS messages.
SECURITY
The Bitcoin network has a difficulty of 1,347,001,430,559 which suggests about 9,642,211 TH/s of custom ASIC hardware deployed.
At a retail price of approximately US$105/THs that implies about $650m of custom ASIC hardware deployed (35% discount applied).
This custom hardware consumes approximately 30 TWh per year. That could power about 2.8m US households or the entire country of Morocco which has a population of 33.85m.
This Bitcoin mining generates approximately 12.5 bitcoins every 10 minutes or approximately 1,800 per day worth approximately US$16,650,000.
Bitcoin currently has a market capitalization greater than $150B which puts it solidly in the top-30 of M1 money stock countries and a 200 day moving average of about $65B which is increasing about $500m per day.
Average daily volumes for Bitcoin is around US$5B. That means multi-million dollar positions can be moved into and out of very easily with minimal slippage.
When my friend Andreas Antonopolous was unable to give his talk at a CRYPSA event I was invited to fill in and delivered this presentation, impromptu, on the Seven Network Effects of Bitcoin.
These seven network effects of Bitcoin are (1) Speculation, (2) Merchants, (3) Consumers, (4) Security [miners], (5) Developers, (6) Financialization and (7) Settlement Currency are all taking root at the same time and in an incredibly intertwined way.
With only the first network effect starting to take significant root; Bitcoin is no longer a little experiment of magic Internet money anymore. Bitcoin is monster growing at a tremendous rate!!

SPECULATION
For the Bitcoin price to remain at $9,250 it requires approximately US$16,650,000 per day of capital inflow from new hodlers.
Bitcoin is both a Giffen good and a Veblen good.
A Giffen good is a product that people consume more of as the price rises and vice versa — seemingly in violation of basic laws of demand in microeconomics such as with substitute goods and the income effect.
Veblen goods are types of luxury goods for which the quantity demanded increases as the price increases in an apparent contradiction of the law of demand.
There are approximately 16.5m bitcoins of which ~4m are lost, ~4-6m are in deep cold storage, ~4m are in cold storage and ~2-4m are salable.
(http://www.runtogold.com/images/lost-bitcoins-1.jpg)
(http://www.runtogold.com/images/lost-bitcoins-2.jpg)
And forks like BCash (BCH) should not be scary but instead be looked upon as an opportunity to take more territory on the Bitcoin blockchain by trading the forks for real bitcoins which dries up more salable supply by moving it, likely, into deep cold storage.
According to Wikipedia, there are approximately 15.4m millionaires in the United States and about 12m HNWIs ($30m+ net worth) in the world. In other words, if every HNWI in the world wanted to own an entire bitcoin as a 'risk-free asset' that cannot be confiscated, seized or have the balance other wise altered then they could not.
For wise portfolio management, these HNWIs should have at least about 2-5% in gold and 0.5-1% in bitcoin.
Why? Perhaps some of the 60+ Saudis with 1,700 frozen bank accounts and about $800B of assets being targetted might be able to explain it to you.
In other words, everyone loves to chase the rabbit and once they catch it then know that it will not get away.
RETAIL
There are approximately 150+ significant Bitcoin exchanges worldwide. Kraken, according to the CEO, was adding about 6,000 new funded accounts per day in July 2017.
Supposedly, Coinbase is currently adding about 75,000 new accounts per day. Based on some trade secret analytics I have access to; I would estimate Coinbase is adding approximately 17,500 new accounts per day that purchase at least US$100 of Bitcoin.
If we assume Coinbase accounts for 8% of new global Bitcoin users who purchase at least $100 of bitcoins (just pulled out of thin error and likely very conservative as the actual number is perhaps around 2%) then that is approximately $21,875,000 of new capital coming into Bitcoin every single day just from retail demand from 218,750 total new accounts.
What I have found is that most new users start off buying US$100-500 and then after 3-4 months months they ramp up their capital allocation to $5,000+ if they have the funds available.
After all, it takes some time and practical experience to learn how to safely secure one's private keys.
To do so, I highly recommend Bitcoin Core (network consensus and full validation of the blockchain), Armory (private key management), Glacier Protocol (operational procedures) and a Puri.sm laptop (secure non-specialized hardware).
WALL STREET
There has been no solution for large financial fiduciaries to invest in Bitcoin. This changed November 2017.
LedgerX, whose CEO I interviewed 23 March 2013, began trading as a CFTC regulated Swap Execution Facility and Derivatives Clearing Organization.
The CME Group announced they will begin trading in Q4 2017 Bitcoin futures.
The CBOE announced they will begin trading Bitcoin futures soon.
By analogy, these institutional products are like connecting a major metropolis's water system (US$90.4T and US$2 quadrillion) via a nanoscopic shunt to a tiny blueberry ($150B) that is infinitely expandable.
This price discovery could be the most wild thing anyone has ever experienced in financial markets.
THE GREAT CREDIT CONTRACTION
The same week Bitcoin was released I published my book The Great Credit Contraction and asserted it had now begun and capital would burrow down the liquidity pyramid into safer and more liquid assets.
(http://www.runtogold.com/images/Great-Credit-Contraction-Liquidity-Pyramid.jpg)
Thus, the critical question becomes: Is Bitcoin a possible solution to the Great Credit Contraction by becoming the safest and most liquid asset?
BITCOIN'S RISK PROFILE
At all times and in all circumstances gold remains money but, of course, there is always exchange rate risk due to price ratios constantly fluctuating. If the metal is held with a third-party in allocated-allocated storage (safest possible) then there is performance risk (Morgan Stanley gold storage lawsuit).
But, if properly held then, there should be no counter-party risk which requires the financial ability of a third-party to perform like with a bank account deposit. And, since gold exists at a single point in space and time therefore it is subject to confiscation or seizure risk.
Bitcoin is a completely new asset type. As such, the storage container is nearly empty with only $150B.
And every Bitcoin transaction effectively melts down every BTC and recasts it; thus ensuring with 100% accuracy the quantity and quality of the bitcoins. If the transaction is not on the blockchain then it did not happen. This is the strictest regulation possible; by math and cryptography!
This new immutable asset, if properly secured, is subject only to exchange rate risk. There does exist the possibility that a software bug may exist that could shut down the network, like what has happened with Ethereum, but the probability is almost nil and getting lower everyday it does not happen.
Thus, Bitcoin arguably has a lower risk profile than even gold and is the only blockchain to achieve security, scalability and liquidity.
To remain decentralized, censorship-resistant and immutable requires scalability so as many users as possible can run full-nodes.
(http://www.runtogold.com/images/ethereum-bitcoin-scability-nov-2017.png)
TRANSACTIONS
Some people, probably mostly those shilling alt-coins, think Bitcoin has a scalability problem that is so serious it requires a crude hard fork to solve.
On the other side of the debate, the Internet protocol and blockchain geniuses assert the scalability issues can, like other Internet Protocols have done, be solved in different layers which are now possible because of Segregated Witness which was activated in August 2017.
Whose code do you want to run: the JV benchwarmers or the championship Chicago Bulls?
As transaction fees rise, certain use cases of the Bitcoin blockchain are priced out of the market. And as the fees fall then they are economical again.
Additionally, as transaction fees rise, certain UTXOs are no longer economically usable thus destroying part of the money supply until fees decline and UTXOs become economical to move.
There are approximately 275,000-350,000 transactions per day with transaction fees currently about $2m/day and the 200 DMA is around $1.08m/day.
(http://www.runtogold.com/images/bitcoin-transaction-fees-nov-2017.png)
What I like about transaction fees is that they somewhat reveal the financial health of the network.
The security of the Bitcoin network results from the miners creating solutions to proof of work problems in the Bitcoin protocol and being rewarded from the (1) coinbase reward which is a form of inflation and (2) transaction fees which is a form of usage fee.
The higher the transaction fees then the greater implied value the Bitcoin network provides because users are willing to pay more for it.
I am highly skeptical of blockchains which have very low transaction fees. By Internet bubble analogy, Pets.com may have millions of page views but I am more interested in EBITDA.
DEVELOPERS
Bitcoin and blockchain programming is not an easy skill to acquire and master. Most developers who have the skill are also financially independent now and can work on whatever they want.
The best of the best work through the Bitcoin Core process. After all, if you are a world class mountain climber then you do not hang out in the MacDonalds play pen but instead climb Mount Everest because that is where the challenge is.
However, there are many talented developers who work in other areas besides the protocol. Wallet maintainers, exchange operators, payment processors, etc. all need competent developers to help build their businesses.
Consequently, there is a huge shortage of competent developers. This is probably the largest single scalability constraint for the ecosystem.
Nevertheless, the Bitcoin ecosystem is healthier than ever before.
(http://www.runtogold.com/images/bitcoin-ecosystem.jpg)(/images/bitcoin-ecosystem-small.jpg)
SETTLEMENT CURRENCY
There are no significant global reserve settlement currency use cases for Bitcoin yet.
Perhaps the closest is Blockstream's Strong Federations via Liquid.
PRICE
There is a tremendous amount of disagreement in the marketplace about the value proposition of Bitcoin. Price discovery for this asset will be intense and likely take many cycles of which this is the fourth.
Since the supply is known the exchange rate of Bitcoins is composed of (1) transactional demand and (2) speculative demand.
Interestingly, the price elasticity of demand for the transactional demand component is irrelevant to the price. This makes for very interesting dynamics!
(http://www.runtogold.com/images/bitcoin-speculation.jpg)
On 4 May 2017, Lightspeed Venture Partners partner Jeremy Liew who was among the early Facebook investors and the first Snapchat investor laid out their case for bitcoin exploding to $500,000 by 2030.
On 2 November 2017, Goldman Sachs CEO Lloyd Blankfein (https://www.bloomberg.com/news/articles/2017-11-02/blankfein-says-don-t-dismiss-bitcoin-while-still-pondering-value)said, "Now we have paper that is just backed by fiat...Maybe in the new world, something gets backed by consensus."
On 12 Sep 2017, JP Morgan CEO called Bitcoin a 'fraud' but conceded that "(http://fortune.com/2017/09/12/jamie-dimon-bitcoin-cryptocurrency-fraud-buy/)Bitcoin could reach $100,000".
Thus, it is no surprise that the Bitcoin chart looks like a ferret on meth when there are such widely varying opinions on its value proposition.
I have been around this space for a long time. In my opinion, those who scoffed at the thought of $1 BTC, $10 BTC (Professor Bitcorn!), $100 BTC, $1,000 BTC are scoffing at $10,000 BTC and will scoff at $100,000 BTC, $1,000,000 BTC and even $10,000,000 BTC.
Interestingly, the people who understand it the best seem to think its financial dominance is destiny.
Meanwhile, those who understand it the least make emotionally charged, intellectually incoherent bearish arguments. A tremendous example of worldwide cognitive dissonance with regards to sound money, technology and the role or power of the State.
Consequently, I like looking at the 200 day moving average to filter out the daily noise and see the long-term trend.
(http://www.runtogold.com/images/bitcoin-price-200dma-nov-2017.png)
Well, that chart of the long-term trend is pretty obvious and hard to dispute. Bitcoin is in a massive secular bull market.
The 200 day moving average is around $4,001 and rising about $30 per day.
So, what do some proforma situations look like where Bitcoin may be undervalued, average valued and overvalued? No, these are not prognostications.
(http://www.runtogold.com/images/bitcoin-price-pro-forma.png)
Maybe Jamie Dimon is not so off his rocker after all with a $100,000 price prediction.
We are in a very unique period of human history where the collective globe is rethinking what money is and Bitcoin is in the ring battling for complete domination. Is or will it be fit for purpose?
As I have said many times before, if Bitcoin is fit for this purpose then this is the largest wealth transfer in the history of the world.
CONCLUSION
Well, this has been a brief analysis of where I think Bitcoin is at the end of November 2017.
The seven network effects are taking root extremely fast and exponentially reinforcing each other. The technological dominance of Bitcoin is unrivaled.
The world is rethinking what money is. Even CEOs of the largest banks and partners of the largest VC funds are honing in on Bitcoin's beacon.
While no one has a crystal ball; when I look in mine I see Bitcoin's future being very bright.
Currently, almost everyone who has bought Bitcoin and hodled is sitting on unrealized gains as measured in fiat currency. That is, after all, what uncharted territory with daily all-time highs do!
But perhaps there is a larger lesson to be learned here.
Riches are getting increasingly slippery because no one has a reliable defined tool to measure them with. Times like these require incredible amounts of humility and intelligence guided by macro instincts.
Perhaps everyone should start keeping books in three numéraires: USD, gold and Bitcoin.
Both gold and Bitcoin have never been worth nothing. But USD is a fiat currency and there are thousands of those in the fiat currency graveyard. How low can the world reserve currency go?
After all, what is the risk-free asset? And, whatever it is, in The Great Credit Contraction you want it!
What do you think? Disagree with some of my arguments or assertions? Please, eviscerate them on Twitter or in the comments!
submitted by bitcoinknowledge to Bitcoin [link] [comments]

Last Forking Warning

Last Forking Warning submitted by MineForeman to Bitcoin [link] [comments]

[Hiring] I need help finding my bitcoin - 0.1 BTC finders fee

So a little over two years ago I got annoyed with the issues I was having with Armory, and transferred ~6btc from my armory wallet to some other wallet. I can't, however, remember what wallet I used. I still have the same computer, but it's got a half dozen hard drives, all of which are full, so I need to know what I'm looking for if I'm looking in the hard drive. It may have been web based, or a lightweight desktop client.
I can see the transaction on the blockchain (it hasn't moved since the initial transfer), but have no idea whether that information is useful. It'll be a little bit before I can provide this information, since my old computer wants to redownload the blockchain (for the dozenth time, it seems).
I know what the password is on the wallet, one way or another. So there it is. Offering .1 btc to whoever succeeds in helping me figure out what wallet I used, and .001 btc to anyone who tries unsuccessfully, provided I eventually regain access.
Thanks for your time!
submitted by Oh_Hi_Mark_ to Jobs4Bitcoins [link] [comments]

I am just so skeptical bitcoins can really spread beyond super-geeks

I mean... people here have done tech support for their families right? people are dumb! :)
There is no way I could explain bitcoins to anybody in my family. not. freakin. one.
I am trying to buy my first bitcoins now... and its a weeks long process (doing Dwolla + MtGox)... and involves just HUGE amounts of fear. { Do I understand wallets -- is it the exact same thing as "know the private key"? How do I protect that private key? Can I trust Dwolla? Can I trust MtGox? Is buying bitcoins at $20/bc completely insane? When asic machines come out does that drive down the value of bc? Do I care? etc, etc... }
I love the idea, and as a US dude... my fear of the Fed and fiat money is just HUGE. But, feels sooooo much easier to just go buy some physical gold and silver and call it a day.
submitted by scottsen 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. 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]

Instawallet suspended indefinitely

submitted by mariodraghi to Bitcoin [link] [comments]

Bitcoin Armory 0.90 beta - fragmented backups(ssss), bare signatures, reduced RAM Usage, lowered fees, and 30 second load times!

submitted by SwedFTP to Bitcoin [link] [comments]

I'm tired of bitcoin-qt

Mini rant. I was happy using bitcoin-qt for quite a few months now, It had gave me a few headaches, sometimes the database was corrupted or something, just re-index it. It worked fine.
I always exit bitcoin-qt before shutting down the computer, to never let this happen again, but it happens from time to time.
Anyway, five days ago, it started again with the database problem. I tried to reindex it, delete last blocks and reindex it, nothing was working. So, OK, screw it, delete all (except wallet file) and let download the whole blockchain again. ... Well... it stopped syncing after a while. It tells me that I need to update the client. Other times I it tells me it's syncing, but it shows a 0 blocks indexed (and no arrows icon on bottom-right).
After 5 days, I just delete everything (again) and started from 0.
I don't like the idea of thin client, but for the moment I've downloaded MultiBit, I read that Armory works on top of bitcoin-qt, should I try it or I will have the same problems?
I know this is my problem, not a problem with bitcoin-qt itself, it worked very good for months. I don't think it's a network problem (I have a good connection), not a software problem (Debian Squeeze), as I said, I exit the program before the computer. Just a mini-rant about all this.
I'm also concerned this happens to less techie people, they could easily delete the wallet file, or just get tired of bitcoins because of similar problems with the programs.
submitted by still_unregistered to Bitcoin [link] [comments]

Easiest way to run a full node?

I'm in America with a Mac (latest software)
submitted by Mano21 to Bitcoin [link] [comments]

Armory Tutorial Part 2 Armory Tutorial - Offline Transactions How to install Bitcoin Armory in Ubuntu 14.04 Receiving Bitcoin - Armory Guide OlgaShow interview of Alan Reiner, Armory BitCoin Client.

Armory is used by some of the most heavily-invested, and most paranoid Bitcoin enthusiasts and cloud miners for maximum privacy and security. If you are in this category, it is recommended you verify that your Armory installers have not been altered in any way. Armory Ubuntu/Debian packages (*.deb files) are signed directly using our [Offline ... The Armory developers (goatpig, droark, and achow101) support Segregated Witness as is in its current form, and also support Bitcoin Core. The Armory developers also oppose hard forks that may attack the original chain. Should a long-lasting hard fork that does not attack the original chain exist, we would consider implementing functionality required to allow Armory users to transact on that ... Bitcoin Armory ist eine Open-Source-, Python-basierte, Wallet-Management-Anwendung für das Bitcoin-Netzwerk.. Armory ist eine Desktop-Anwendung für das Bitcoin-Fondsmanagement. Es ist eine voll ausgestattete Bitcoin-Wallet-Management-Anwendung, die darauf abzielt, die beiden Eigenschaften von Brieftaschen zu kombinieren, die bisher als sich gegenseitig ausschließend empfunden wurden ... BEST BITCOIN WALLET. Armory is the most secure and full featured solution available for users and institutions to generate and store Bitcoin private keys. This means users never have to trust the Armory team and can use it with the Glacier Protocol. Satoshi would be proud! Users are empowered with multiple encrypted Bitcoin wallets and permanent one-time ‘paper backups’. Armory pioneered ... Armory ist ein erweiterter Bitcoin-Client, der Funktionalitäten für Bitcoin-Power-User ergänzt. Er bietet viele Backup- und Verschlüsselungsfunktionen und ermöglicht sicheres Speichern auf Offline-Rechnern. Features: Full Node × Full Node: Einige Wallets validieren Transaktionen und Blöcke vollständig. Nahezu alle Full Nodes helfen dem Netzwerk, indem sie Transaktionen und Blöcke von ...

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Armory Tutorial Part 2

Install Bitcoin Armory on an Offline Computer: Part 1. Bitcoin Armory Walk Through - Duration: 53:51. Andy Ofiesh. 53:51. Must-Have Google Chrome Extensions for Teachers - Duration: 12:03. New EdTech Classroom Recommended for you. 12:03 . Bitcoin 101 ... Bitcoin Armory Setup - Duration: 14:37. Bitcoin Nick Rambos 4,948 views. 14:37. ... Easy Bitcoin Electrum Wallet/Client tutorial for beginners. 2014. - Duration: 14:10. Dash Infonode 68,431 views ... How to Download and Verify the Armory Bitcoin Wallet - Duration: 22:31. Rex Kneisley 4,903 views. 22:31 . How to Install a BitPay Wallet on Linux - Duration: 2:43. BitPay 3,020 views. 2:43. Get ... Bitcoin Armory Setup - Duration: 14:37. Bitcoin Nick Rambos 4,925 views. 14:37. Bitcoin 101 - Intro to Paper Wallets & Cold Storage - Bitcoin Security & Fun with Sloppy Wallets - Duration: 26:57. ...

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