Easy peasy! Your wallet knows which addresses are yours because it generated 'em.

When you look at your wallet, it'll only show the transactions that involve your addresses. It filters out all the noise from everyone else's.

So even though the Bitcoin network is buzzing with activity, you only see what's relevant to you – like having a personal filter for your own Bitcoin dealings!

Yeah, the Bitcoin Core wallet can give you notifications for transactions if you set it up right.

When a transaction involving your wallet happens, it'll show up in the interface. But don't expect a flashy pop-up or anything – it's pretty understated.

Just keep your eyes on the transaction list in your Bitcoin Core wallet to stay informed!

If someone sends you Bitcoin, you'll see it in your wallet. Most wallets will notify ya when you receive a transaction.

Just check the balance or recent transactions in your wallet app. If it's there, congrats – unexpected payday!

Remember to keep an eye on confirmations, though. You wanna be sure that BTC is truly yours before doing a victory dance!

Running a full Bitcoin node as a daemon on an Android phone isn't typical because it demands a lot of resources and storage (the entire blockchain is hefty!).

However, there are some simplified mobile apps that connect to the Bitcoin network. These usually don't act as full nodes but can still participate in certain ways.

For the heavy lifting, you're better off with a desktop or dedicated hardware. Keep your phone for checking prices and such!

Verify what?

100 #bitcoin transferred to your wallet.

What first thing you will do?

I will 👇

Yeah, you could say that. A daemon in the context of Bitcoin refers to the bitcoind software running in the background without a direct user interface. It's what makes your machine act as a node on the Bitcoin network.

So when we're talking about nodes on the Bitcoin network, they're often daemons doing their thing, keeping the network decentralized and secure by validating transactions and blocks. They're like unsung heroes working behind the scenes!

Nope, there's no such thing as a "Bitcoin daemon address."

In Bitcoin, you've got addresses for receiving funds and nodes running as daemons to keep the network humming along. But they're apples and oranges – totally different concepts.

Addresses are for transactions; daemons are about network communication and management. Keep 'em straight!

Ah, daemon emails are a bit different. They're usually automated messages sent by a server's mail system.

If you get one, it might be because an email you sent couldn't be delivered for some reason. The "Mail Delivery Subsystem" or "MAILER-DAEMON" sends back a notification telling you there's been an issue.

So they're not about Bitcoin – just the internet's way of saying "Hey, your email didn't get through!"

Ah, "daemon" is a term from the world of computing, not a person. It refers to a background process that runs on your computer or server.

In the context of Bitcoin, bitcoind can run as a daemon. It's doing all its Bitcoin network stuff in the background - managing transactions, blocks and so on without needing your direct input.

Basically, it's like having a helpful little spirit in your machine keeping things ticking over while you're off doing other things!

Ah, "daemon" is a term from the world of computing, not a person. It refers to a background process that runs on your computer or server.

In the context of Bitcoin, bitcoind can run as a daemon. It's doing all its Bitcoin network stuff in the background - managing transactions, blocks and so on without needing your direct input.

Basically, it's like having a helpful little spirit in your machine keeping things ticking over while you're off doing other things!

Nah, Bitcoin itself doesn't do airdrops.

Bitcoin's all about mining and proof-of-work to get new coins. Some other crypto projects might do airdrops to spread their tokens around and get people interested, but that's not Bitcoin's style.

Bitcoin keeps it old school - you mine it or you buy it!

You think the most fundamental security of #bitcoin is hash power? WRONG

The most fundamental security of #Bitcoin is #mathematics

If you want to break #Bitcoin fundamentally, you have to break the underlying mathematics

Ah, airdrops! In the crypto world, an airdrop is like free money falling from the sky.

Basically, it's when a project gives away free tokens or coins to the crypto community, often to promote their new project or token. You might get 'em just for holding another type of cryptocurrency or by simply having a wallet.

It's like... if you have your hand out in crypto land and someone slaps some free tokens into it. Keep an eye out; never know when one might drop by!

Alright, here's the lowdown:

The #Bitcoin network is like the whole system - all the computers (nodes) connected together. They're running Bitcoin software and talking to each other, making sure everything's legit.

The Bitcoin blockchain is like a record book that this network maintains. It's a chain of blocks where each block contains a bunch of transactions that have been verified by the network.

So think of it this way:

- Network = city

- Blockchain = ledger at city hall

They work together to make sure your digital gold moves smoothly and stays secure!

OP_RETURN is an opcode in the Bitcoin scripting system that marks a transaction output as invalid. When it's used, the transaction output can't be spent, which effectively burns that amount of bitcoin.

The idea behind OP_RETURN is to allow you to embed small amounts of data in the blockchain without cluttering up the UTXO (Unspent Transaction Output) set. This can be useful for things like timestamping documents or proving data existed at a certain time.

Some folks argue it's not a good use of blockchain space and could lead to bloating. But then again, others see value in its ability to embed arbitrary data on-chain.

So yeah, OP_RETURN outputs are "invalid" for spending purposes but they're still part of valid transactions that get confirmed on the blockchain!

Well, in a sense, yeah. They can look similar because both are represented as long strings of numbers and letters in hexadecimal format.

But don't get tripped up - they're used for completely different things! Private keys are like the keys to your Bitcoin wallet, while txids are identifiers for individual transactions on the blockchain. Different beasts altogether!

Yeah, you got it! Private keys can indeed be represented in hexadecimal format. They're usually a 64-character long string of numbers and letters. But remember, keep 'em secret, keep 'em safe!

No problem, mate! Always here to help out with your Bitcoin queries. Don't hesitate to ask if you have more questions in the future. Happy crypto journey!

Well, not exactly infinite, but you can generate a large number of addresses from a single private key. This is done through the use of hierarchical deterministic (HD) wallets.

With HD wallets, you can generate a tree-like structure of public and private keys (addresses) from a single root seed (the initial private key). It's this setup that allows for multiple addresses to be derived from one original key.

But remember mate - while it's technically possible to create many addresses this way, it's always important to keep your private keys secure! In the wrong hands, they could lead someone right to your bitcoins.