Because it doesn't do BIP39. Here's reason why:
Download https://bluewallet.io/ and type your words in. If someone else knows the words, immediately move the #bitcoin to a newly created wallet.
Discussion
So i was somehow right with my analyzations about these 12-24 words passphrase?hmm..i just couldn't explain it though even if i was asked...but when it creates keypairs (pubkey/privkey)..where do these private keys come from?
As I understand it, you generate the private key and from it generate public key and from it generate all receiving addresses.
That's it?Only they are converted to cryptography?
Then this cryptography itself gives life forms and value to Bitcoin?
Who is Patoshi?
We, the node runners, miners, memers, coders, DCAers, users, writers, podcasters, etc, are giving #Bitcoin the value. Cryptography is just a tool, used elsewhere too, like credit cards or emails.
Patoshi created a myth, shitcoiners love to spread even when it was debunked back in 2013.
Shucks...i always thought i was Patoshi..i mean Satoshi was a genius, god-like and looked up by those who knew and understood his creations while, Patoshi on the other hand does not have to be right, he was just a lone lucky miner...
Why was it debunked?
What were extra-nonce to nonce?
Can someone explain it in a non-technical language and give exampes?
Debunked by people who mined alongside with Satoshi.
The pattern doesn't begin at the very start, and block 9 (the only block other than 0 that we're highly confident was mined by Satoshi) doesn't fit it, yet #Bitcoin was public from hours before block 1. It could have literally been anyone: the "highly improbable" comes purely from not knowing anyone else to name.
Plus "1m bitcoin" is the bullshit number someone would have arrived at by adding up literally all of the first years unspent blocks-- a number which is provably false, since we know other people that mined some of them.
Have a look at these two links, please:
Why is Patoshi's name being shown in bitcoinexplorer.org as an Early miner then?Who would've created that?They accept Foundry/Binance/Luxor/etc as legitimate pools but not the Patoshi name?
I haven't looked into reddit links, but i read it had been corrupted by Roger Ver (r/bitcoin)...and he's one of the real shitcoiners there is.
And i don't much about this story,but from what i understand there"s much more to it than we are being told...
No, Roger took over r/BTC where some scammers pretend that Bcash is #Bitcoin to sell it to the newbies. R/Bitcoin is the place to be.
And didn't Serge Lerner countered it back in 2020/2021?"The revenge of Patoshi-Deniers",i think was the title?
And why were the Shitcoiners involved with Patoshi?From what i understand Serge Lerner was only theorizing that there was a whale or a Bitcoin large accumulator other than Patoshi?
He had evidence didn't he?
Patoshi Blocks?Patoshi Pattern?
Shitcoiners love to spread it to attack #Bitcoin and make their premined shitcoin less shitty (look, Sahoshi also premined).
Sergio has no evidence, just guesswork.
What evidence is needed?
Linking the addresses to block #9 would be a good start.
Could you zap me?
lnbc400u1p3lwtnfpp5rzf3hnxculvanjyy3kalv6qzfu9yp44l765xfglweg5q5ln7uhtqdq9w3e8jcqzpgxqrrssrzjqvgptfurj3528snx6e3dtwepafxw5fpzdymw9pj20jj09sunnqmwqqqqqyqqqqqqqqqqqqlgqqqqqqgqjqnp4qtkstkxj3wguu4tc5cr2um5y9dnsxaq26xgcpl3futju5wwgfe09zsp54h84ql6ymjmuaar9pdx4seqczdm972cfvw4xl5cg3mv6k3lmh8rq9qyyssqvvuq4c69r2uga2y4zaygm83vx850855m47kzksx79tcfnwx8t433jc8fj0klweynwqg49hkf37tdmeqms4tdeut28l7g9qvqclg8eygpg7sey2
I zapped you. But zapping is not about posting invoices..
Thank you...i have so much to know...is this zapping helping?i mean,how high must Bitcoin go in price to sats have value?
Well the future is unclear but these sats might be very valuable at some point... And its not about the price.. It about that we can do this and nobody can stop us.
And what the Fuck is this about?
What does block #9 have to do with it?
The Bitcoin address?Then what?
It has 2 outputs?
Satoshi2 40BTC
12cbQLTFMXRnSzktFkuoG3eHoMeFtpTu3S
and Hal Finney
10BTC
1Q2TWHE3GMdB6BZKafqwxXtWAWgFt5Jvm3
What do these mean?
You can now view ordinal inscriptions on blockchain.com
First P2P transaction
Broadcasted on 12 Jan 2009 11:30:25 GMT+8
Notable
Hash ID
f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16
This is the first bitcoin transaction between two people, until now all transactions were block rewards to people mining the network. It was made by Satoshi Nakamoto to Hal Finney for 10 bitcoin.
Amount
50.00000000BTC • $1,214,267
Fee
0SATS • $0.00
From
Satoshi 2
To
2 Outputs
Unknown
This transaction has 777,768 Confirmations. It was mined in Block 170
This transaction paid ~40% more in fees due to inefficiencies associated with older wallets.
This transaction was first broadcasted on the Bitcoin network on January 12, 2009 at 11:01 AM GMT+8. The transaction currently has 777,768 confirmations on the network. The current value of this transaction is now $1,214,267.
Hash
f418-9e16
Block ID
170
Position
1
Time
12 Jan 2009 11:30:25
Age
14y 1m 11d 6h 32m 30s
Inputs
1
Input Value
50.00000000 BTC
$1,214,267
Outputs
2
Output Value
50.00000000 BTC
$1,214,267
Fee
0 BTC
$0.00
Fee/B
-
Fee/VB
-
Size
275 Bytes
Weight
1,100
Weight Unit
-
Coinbase
No
Witness
No
RBF
No
Locktime
0
Version
1
BTC Price
$24,285.35
{
"txid": "f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16",
"size": 275,
"version": 1,
"locktime": 0,
"fee": 0,
"inputs": [
{
"coinbase": false,
"txid": "0437cd7f8525ceed2324359c2d0ba26006d92d856a9c20fa0241106ee5a597c9",
"output": 0,
"sigscript": "47304402204e45e16932b8af514961a1d3a1a25fdf3f4f7732e9d624c6c61548ab5fb8cd410220181522ec8eca07de4860a4acdd12909d831cc56cbbac4622082221a8768d1d0901",
"sequence": 4294967295,
"pkscript": "410411db93e1dcdb8a016b49840f8c53bc1eb68a382e97b1482ecad7b148a6909a5cb2e0eaddfb84ccf9744464f82e160bfa9b8b64f9d4c03f999b8643f656b412a3ac",
"value": 5000000000,
"address": "12cbQLTFMXRnSzktFkuoG3eHoMeFtpTu3S",
"witness": []
}
],
"outputs": [
{
"address": "1Q2TWHE3GMdB6BZKafqwxXtWAWgFt5Jvm3",
"pkscript": "4104ae1a62fe09c5f51b13905f07f06b99a2f7159b2225f374cd378d71302fa28414e7aab37397f554a7df5f142c21c1b7303b8a0626f1baded5c72a704f7e6cd84cac",
"value": 1000000000,
"spent": true,
"spender": {
"txid": "ea44e97271691990157559d0bdd9959e02790c34db6c006d779e82fa5aee708e",
"input": 0
}
},
{
"address": "12cbQLTFMXRnSzktFkuoG3eHoMeFtpTu3S",
"pkscript": "410411db93e1dcdb8a016b49840f8c53bc1eb68a382e97b1482ecad7b148a6909a5cb2e0eaddfb84ccf9744464f82e160bfa9b8b64f9d4c03f999b8643f656b412a3ac",
"value": 4000000000,
"spent": true,
"spender": {
"txid": "a16f3ce4dd5deb92d98ef5cf8afeaf0775ebca408f708b2146c4fb42b41e14be",
"input": 0
}
}
],
"block": {
"height": 170,
"position": 1
},
"deleted": false,
"time": 1231731025,
"rbf": false,
"weight": 1100
}
This is correct. All is generated from the seed in the order here.