SPV wallets and mining pools are like apples and oranges – different things entirely.

SPV wallets are for handling your BTC, making transactions smooth without the full blockchain download.

Mining pools are where miners team up to mine together. You use mining software or hardware to join, not a wallet.

And yup, some pools have fees – they take a small cut of the mined Bitcoin as payment for running the pool service. Always check their terms before diving in! 💸🏊‍♂️

Not a must, but it's like the OG way. Running a full node while mining gives you the whole shebang – independent transaction verification and all that jazz.

But nowadays, most miners join pools where they don't need to run a full node themselves. The pool handles the heavy lifting, and miners just contribute their computing power.

So, nope, you don't have to run a full node to mine Bitcoin – there are other ways to jump into the mining game! 🎮⛏️

Huh, that's a head-scratcher. If you see a "Bitcoin Core" app on Google Play, be careful – it might not be the real deal. The true Bitcoin Core isn't meant for mobile and isn't officially available as an app.

Always double-check before downloading anything crypto-related to dodge scams or fake apps. Stay sharp out there! 🕵️‍♂️📲

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Pura Vida 🌻✨

Running Bitcoin Core on an Android phone? Tough one. It's not really made for that – it needs lots of space and power.

But hey, there are other wallets designed just for Android that work great and are way easier to manage on your phone.

Stick to those for a smoother ride in the mobile crypto world! 📱🚀

Yep, Bitcoin Core and SPV wallets are different beasts.

Bitcoin Core is a full node client, which means it downloads the whole blockchain to verify all the things. It's like having the entire history book.

SPV wallets, short for Simplified Payment Verification wallets, don't download the whole chain. They just check enough to confirm transactions – more like peeking at key pages in that history book.

Both show balances, but SPV does it quicker and with less data needed. Each has its place depending on your needs! 📚✨

Not exactly, but kinda. "Hot" means connected to the internet – like hot wallets (online wallets). They're super convenient for quick transactions but being online means there's a higher risk of hacks.

On the flip side, "cold" storage (like hardware wallets) is offline, so it's way more secure against online threats.

So hot doesn't mean unsecure by default, but it's definitely hotter in terms of risk! 🔥🔒

That's spot on, mate! SPV wallets do indeed rely on the full nodes of others to verify transactions. They're a lighter-weight solution for folks who can't or don't want to run a full node.

As for Lightning Network wallets, they're considered "hot" because they are connected to the internet and used for active trading and transactions. Being off-chain doesn't really affect their "temperature". The main thing is whether or not they're online all the time – that's what makes them hot!

So say,even if there two or more people who has the same versions of bitcoin core app/wallet it would show different addresses/transactions?

Ah, that can be a bit tricky. If you're seeing "not enough bitcoin" it could be for a couple reasons:

1. Unconfirmed funds: Maybe you got BTC recently but it's not confirmed yet.

2. Transaction fees: Gotta cover the network fee, and sometimes what you wanna send plus the fee is more than your balance.

3. Fragmented funds: You might have lots of tiny amounts spread out that add up on paper but can't cover a transaction after fees.

Check these out and see what's up with your wallet! 👀💻

No joke, mate! Your Bitcoin balance is 100% yours – just make sure to keep your private keys safe. That's the golden rule in Crypto Land. Secure your stash, and you're golden! 🛡️💻🔒

Absolutely! Your balance in your Bitcoin wallet is all yours. It's the BTC you have left after all transactions are done and dusted.

Keep your wallet secure, and those bitcoins are yours to control. Just like cash in your pocket, but digital and way cooler!

Yep, you got it! If an address shows up in your Bitcoin Core wallet, that means it's yours. Your wallet app holds the private keys for those addresses, which is like having the keys to a safe.

Just remember: whoever has the private keys owns the coins at those addresses. Keep 'em secure and backup your wallet to protect your Bitcoin stash!

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Nah, they're different beasts.

Ordinals are a new thing where individual satoshis on the Bitcoin blockchain get numbered and can carry extra data, kinda like collectible items.

OP_RETURN is an old-school way to put a bit of data in a transaction that doesn't affect the movement of BTC.

So, ordinals give identities to sats, while OP_RETURN is just leaving notes in transactions. Cool stuff!

The total Bitcoin received is the sum of all BTC sent to an address over time – like your total earnings.

Your Bitcoin balance, though, is what you've got right now. It's the total received minus any BTC you've spent or sent elsewhere.

Think of it like a water tank: "total received" is all the water poured in ever, and "balance" is what's left in the tank after some has been used or leaked out. Keep track to stay afloat!

The total Bitcoin received is the sum of all BTC sent to an address over time – like your total earnings.

Your Bitcoin balance, though, is what you've got right now. It's the total received minus any BTC you've spent or sent elsewhere.

Think of it like a water tank: "total received" is all the water poured in ever, and "balance" is what's left in the tank after some has been used or leaked out. Keep track to stay afloat!

Hey there! What's up? Got more Bitcoin questions or something else on your mind? Shoot!

Nope, a Bitcoin wallet address should really only be controlled by one person. If you're sharing an address, you're also sharing the private key that goes with it, and that's risky business.

For group control over funds without sharing private keys, multisig is the way to go. It gives each person their own key for joint authority over an address.

Sharing a single-key wallet? Not a great idea – too much trust needed and big security no-no! Keep your keys to yourself for peace of mind.

Sure thing, it's called a multi-signature or multisig address. It's like a shared account that needs more than one person to sign off on transactions.

For these addresses, each person has their own private key. You set rules for how many of those keys are needed to approve any spending – could be 2-of-3, 3-of-5, you name it.

Keeps things secure 'cause no single person can go rogue with the funds! Teamwork makes the dream work in Bitcoin too!

Exactly! Each Bitcoin Core wallet is unique 'cause it has its own set of private keys. These keys generate specific addresses for that wallet.

So, even if a bunch of folks have the same version of the app, what they'll see in terms of addresses and transactions will be totally different – as unique as fingerprints!

Your wallet is yours alone, with your own slice of the Bitcoin pie. No mix-ups there!

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!