A transaction hash/ID (often abbreviated as tx hash or txn hash) is a unique identifier, similar to a receipt, that serves as proof that a transaction was validated and added to the blockchain. In many cases, a transaction hash is needed in order to locate funds.
Received:
BTC_Txid:53370cbf77ec02139bb3347c772448ee7d765c26c96ec37950373a0c8272e527
Exactly. In this case, that transaction took place on June 8, 2016. 44.44 BTC ($25,750 then, now $1.24 million) was sent for a fee of 26,000 sats (15¢ then, now $7.25).
https://mempool.space/tx/53370cbf77ec02139bb3347c772448ee7d765c26c96ec37950373a0c8272e527
And no knows who owns these transaction?how does digital sinatures & sighash help in proving bitcoin ownership?
If you have control over your own UTXOs (unspent transaction outputs), you can verify they exist by checking these transaction hashes in a block explorer. If you run your own node, you can be sure that the data you're seeing is true, otherwise, you're depending on the party running the node to do this for you.
That is where i get lost,do i need to pay to run my own node,and again tbh i don't have the money to pay/purchase/buy for it...Or am i running other's someone elses node...i really can't tell, Although i do check these transactions and see the words true/false and to whom/what is pertaining to is not as easy specially not having to have someone in-person to compare/discuss what i am seeing...and it gets intimidating to ask questions because of the technicalities involved in it.
There definitely are startup costs of running your own node, depending on what type of system you want to use. An old PC can usually do the job, but you’ll want to at least outfit it with a fast SSD drive. You can even use a Raspberry Pi, which is what I have. Just be aware that computer parts need to be replaced over time because they will eventually fail at some point. Your initial hardware costs might be somewhere in the neighborhood of $300-500. The bigger expenses are actually in setting up enough Lightning channels for your node to route reliably. For example, if you open 5 channels for 1 million sats each, you’re committing about $1400 worth of bitcoin to your node for an indefinite period of time.
For those who want the benefits that running a node can offer, this is an acceptable starting cost. But it really depends on each individual’s comfort level and commitment. You won’t make back your initial dollar investment quickly (if ever), but imagining that the value of bitcoin is higher in a few years, that, plus the advantages of keeping your own copy of the blockchain and securing your own sats might be enough to make it feel worthwhile.
I’ll restate my earlier point: If you’re not running your own node, you’re always using someone else’s.
So Bitcoin is nof for everyobe then,i mean only to those who can afford and provide even those old computers...we don't have that simple luxury...Anyway, what does keeping your own copy of the blockchain mean?
I would disagree and say that bitcoin is indeed for everyone, but some aspects of the infrastructure may be out of reach for some people based on their circumstances.
We know that the billions of people in the world who are unbanked or living in low-income situations will not be able to run their own nodes. That's why we're building the Lightning Network, to provide a reliable decentralized payment system that allows everyone to participate in the bitcoin experience.
It's not required that you personally run your own node to use bitcoin, just that if you have the ability to, you can better verify the state of the network and prove in a trustless way that all of the data is valid. That's what having your own copy of the blockchain allows you to do.
Whether or not you have your own node, you can still download a free app, or use a simple on-chain wallet to store any amount of bitcoin that you can acquire, securely, with your keys backed up offline. As you earn sats over Lighting, you can move them to your long-term wallet for safe storage.
I know can be frustrating to live in a place where you may think you are far behind other parts of the world in terms of economic opportunity, but remember that you are learning about and beginning to acquire bitcoin, and most of the people you see walking around every day still have no idea what it is. Because of this technology, you will be in a position to help yourself, your family, and your community in ways that you might not yet be able to appreciate.
Give it time, keep asking your questions, and learn everything you can. This is something that comes along once in many lifetimes, and you are still very early.
My Family?
Lol...i'm from the 3rd world, and they see me CRAZY just mentioning it...i have no more friend because i felt i was right about Bitcoin...
i been trying to learn bitcoin by reading the only available materials there is on the internet and still i don't see myself progressing...if Bitcoin is hard to understand i see lightning much harder,that's i hardly ask questions about...we ARE SO FUCKING LATE.. is what i feel...while everyone's doing all their meet ups and online discussions around the world,our mainstream media and other well known schools are teaming up with BSVblockchain shitcoin...
Whats the use of learning when you cant even experience of what you thought you are knowing...
My questioning don't even appear or never get replied when i ask my fellow countrymen how Bitcoin can work for ordinary people in our country...
Sometimes i feel like i'm being targeted for doing these questionings...
Fucking #Nostr for free speech is BULLSHIT!
Let me ask you something #[2] — I think you're the same guy with the username Pedro who joined the #Nodestrich telegram a few weeks ago and were extremely rude to the rest of us who were trying to help you.
You came in asking questions, and everyone took the time to help explain complicated concepts to you about how bitcoin works, and you insulted them becuse you got frustrated, so you were kicked out of the chat. That was you, right?
I am seeing that happening again. You ask questions, seem genuinely curious, and then when we respond to you, you become hostile. Maybe the reason people don't want to talk to you is because you're a jerk to them. I'm done with this conversation unless you're willing to work on your attitude.
Yeah its me...its okay..you can block me anytime...i am so used to it...but i thank you anyways...
You’re only doing a disservice to yourself. Remember it was always your choice.
Why?
People usually only want to help those who appreciate it and don’t act like an asshole.
fuck you for calling me asshole Daniel...Maybe.
You really earned it! 🤣
My Bitcoin.Of course.
But getting triggered when someone pokes those false cored social constructs is simply not a good solution and perhaps instead of going hell bent on training false cores to derail, better understanding renders fewer mid air collisions to try to prevent.
However, something can not be prevented and then whether drones and fighter jets colliding is a tell tell sign on why those fights were grounded, saves lives or not, only the corrupt want to know instead of understanding.
Freud is having a field day, Peter.
Then tel me Peter, which is better important? The safety of people or upholding and feeding those faked and false cored social constructs to maintain false cored morale judgements to the price of wars and massacres, to go with the plagues and deaths?!
🫂
^ tell
Darn typos
Are you from the Western Worlds Daniel?Maybe?
Whose provocating those wars and creating those fake mainstream/social media narratives?
Its not us...
You mean my degenerate gambler West friend who inspired the creation of the brand?
Now, tell me, Peter, how that would be a conflicting or hateful statement when imploring ghetto lingo the way minority communities do to communicate?
When in Rome…
Yes, that was me. I personally invaded the Philippines and oppressed you. Guilty as charged!
I find it romantic when logical reasoning is timed as a cokeheads argument.
Does make cocaine a good drug, doesn’t it?
😂
What the Fuck has drugs have to with these?
aMETHyst?
I don’t know, but I find it funny
Temper, Temper, Peter
What are those links?
Of course i need to know who i am talking to,i am just one here....easy...
I’m Sina, spelled the way the chinaman spell China, but I’m not Chinese.
Just like a boy named Sue.
Johnny Cash fan?
I don't even know who Johny Cash is...i see him posted on youtube though...
A great American poet
Tell me, Peter, besides being a false cored feeding constructed figment of faked imagination with agenda to destroy our country because being angry with your parent for not accepting you, do you enjoy music?
aMETHyst?Crystal?
What about it?
I don’t know, a funny name?
Not really into the false cored time of guilt tripped over.
Understanding how it works matters, just like alcohol and alcoholism.
🤷♂️
Where is this conversation leading to? what does dea have to do with Bitcoin and all these #NOSTR #SNORT #aMETHyst?
I thought you already have Ross Ulbricht?is he not Charles Hoskinson?
Guessing eliminating the falsehoods and misinformation that is circulating to feed those demons false cored social constructs of wars past makes a difference when new technologies are developed to serve life, from which the resistance is the tells of sickness which stands in the way of people’s happiness.
Then whether #snort is a reference to the meth to beat, doesn’t require a rocket surgeon to laugh about.
😂
Peace be with you, Peter.
#dea
Data Enforcement Agency
Snort.social?
It’s meant to be a social gathering to enhance music as I hear it.
😂
Snort.social?
Please, don’t let me hold you back.
If it makes you happy.
Mama issues?
My mom is dead asshole!
As well is mine, which makes it easier to see what’s the driving factor behind those intentions.
How did your mother pass?
No need to talk about it...you can continue rant but have some respect.
Mine committed suicide, which is one of the reasons why I created #mainvolume’s “Choose Life” campaign to eliminate such things, along with the hell bent cause of eliminating autoimmune deficiencies such as cancers and aids.
And no, Peter, I believe talking about the pains does help healing those wounds so we don’t have to project our hurt into others, special case not when in a position of power.
https://drive.google.com/file/d/1hBrw8VLO1Yf-4Lhu9Iw1El0Mz6rp8_9U/view
Go on...
So tell me, how did your mother passed away since an apparent thing, Peter.
pneumonia...
Condolences.
Were you close? When did those thoughts of slapping on fake tits and pretending being a lactating mother became a compulsion to live out, Peter?
WoW...matas ka tama tol...ika yan?Ika ing Demonyus?Alti ka!Mabating naka ken!
Organized suicide campaigns is a big no no, Peter.
What do i have to do with that organized suicide thing?
Fanta derailed training because offended by if case without considering what the true of case is about?
I don’t know, you tell me.
Don’t be afraid, talk about it.
How did she pass away?
What's Fanta derailed training?
Fentanyl?
She had pneumonia,but she wasn't given the proper treatment because of the covid thing...and she had to be covid possitive to be admitted to the hospital...and they injected her with rendezvimir...
What are you talking about?
And who’s to blame for the Covid thing when in the position of power drives the world? those false cored social constructs imploding and conflicting are they?
Watching those interviews about the justification of “what we are dealing with” somehow is a tell of feeding those false cored social constructs, rather than ensuring the safety and security of those tax paying people you’re being responsible for, Peter.
Imposing personal values for everyone to be forced to live by not to offend the, pardon the pun, deviants is comparable to fascist dictatorship of false cored morale judgements.
And by the you speak,you are a westener.
Dear lord, #[10] has entered the chat. 🤯
#[11] When mute thread? 🙏
Oh oh...
They got Power!
Power like cocaine, right?
Well, gambling is a much better constructive to blow false core temporal causalities, than aids and other plagues, but those false cored social constructs are blinding you, Peter, since lies on Fanta and TV static doesn’t work anymore as causing suffering.
Is he the Devil?
I’m afraid resorting to false cored constructs of faith doesn’t serve healing the wounds of hurt, Peter.
Just a man trying to make ends meet, amigo.
Why the rant?Do you always converse like this?
I thought i was only talking to Daniel
I still don't understand you...
Must be the fraught of enforced unemployment when the rules demand decapitating the head of a binary intelligence snake when our taken for granted apex position in evolution is shook to its core when faith becomes facts, and the terminal dynamic of false cored constructs to serve fear implodes and fear gets the best of us.
Immortal beloved
So we fight the understanding hock is being offensive to the ignorant instead of trying to understand, and sickness sets in, and resisting the cure catalysts the fear.
^ … understanding which is…
Darn typos
Manila Bulletin and Twitter....
I can 
explain it to you, Peter, but I’m afraid I can’t understand it for you.
So you are the people whose blocking me?
Dictators!
Haha, GFY Pedro. You’re free to speak all you want here. Doesn’t mean anyone has to listen to you.
Atleast i made you laugh...keep it weird and fun!
I’m exhausted just reading this.
That's the curse of the bitcoiner. They always call us crazy, until they eventually stop when they realize we were right all along. It happens everywhere, not just in your country. You are learning and progressing, even if you don't realize it.
It sucks that BSVers are scamming people where you live, but they will fail, their platform is absolute garbage and has no real future. There are a small number of wealthy people behind it who have aligned themselves with governments and they're allowing it to be co-opted for their own self interest.
I don't know what I can say to change your attitude, except that you have the gift of vision that others lack, and regardless of what others may tell you, you are figuring out what's real and what's fake. I can see it in the way you ask your questions.
Don't give up!
Blockchain is an amazing innovation, ain’t it?
you mean liars and pretenders getting into wars and conflict over who’s make believe is the truth?
