I'm not a fan of passphrases because they result in a brittle 2-of-2 setup. If you lose either the seed phrase or the password, you lose access to your funds.
How did gravity work on the Death Star?
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They can see all the UTXOs that you spent to fund the transaction.
When your family knows you do stuff with computers but they don't know jack about coding.
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Should be the same as mainnet, you just have to set your node's to use the testnet network in their configs.
The trickier part would be finding lightweight lightning wallets that support testnet.
Yes it's a valueless shitcoin for developers to play with so they need not put real funds at risk when engineering bitcoin software.
Distributed 1700 TBTC to nearly 50 people today. Don't spend it all in one place! 😏
Are you a Bitcoin developer in need of testnet coins? Reply with your testnet address and I'll make you testnet rich!
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Mainly that duress wallets are speculative.
1. You're speculating about the attacker's knowledge and motivation. For example, there was a physical attack recently in which the victim gave up their wallet pretty quickly, but the attacker kept torturing them for hours in case they were holding out.
2. You're speculating about how you'd act in a high stakes stressful situation.
You might check out nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp blog. I remember he had a post about building his own router. I don' remember how applicable it is!
Not sure if OpenWRT runs on x86 but I found OPNSense rather user friendly.
Related: https://blog.lopp.net/how-to-protect-your-home-network-with-a-gigabit-vpn/
My annual node performance tests are now live: https://blog.lopp.net/2023-bitcoin-node-performance-tests/
Normies see a holiday, a time to relax and socialize with family.
I see an opportunity to buy the dip in the block space market.
We are not the same.
Who can explain me this? #asknostr
nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp evaluates passphrase backups as "mediocre" and considers SeedXOR the superior alternative. He argues that passphrases are flawed due to their 2-2 setup, posing a risk of losing funds if one part is lost. Nevertheless, the same vulnerability exists for SeedXOR (2-2, 3-3, …). I don’t see any downside as long as the passphrase has a 256 bit entropy. Multiple backups are essential for both solutions.
Lopp on Passphrase backup:
„This gives you a security model that's the same as a 2 of 2 multisig setup. Do you know why 2 of 2 multisig isn't popular? Because it has 2 single points of failure - if you lose either part, you're screwed. I've seen quite a few people over the years get locked out of their funds because they forgot or lost the passphrase that accompanied their seed phrase.“
Lopp on SeedXOR backup:
„Seed XOR is, in my opinion, a superior way to achieve the properties that folks try to get with a "25th word passphrase" or via naive seed splitting, while decreasing the complexity and improving plausible deniability. Note that this is essentially an N of N (2-of-2 / 3-of-3 / etc) split backup, so you're going to want multiple sets of XOR'd backups to ensure that losing a single plate doesn't cause catastrophic loss.“
Yes, both backups are brittle.
In my experience, people tend to
A) Create incredibly complex passphrases
B) Not back them up because they created the passphrase in their head
Also, I think folks fool themselves about the utility of durress wallets.
In general, I like seedxor more because you KNOW it's getting backed up AND the backups have plausible deniability.
I'm pretty sure that guy has been anti-Bitcoin for a decade soooooo good luck.
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That wouldn't be very fair since no other client supports it 😆
This seems quite exaggerated when you take into account that nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp recently estimated the number of bitcoin noderunners to be below 17.000...
In my experience the total addressable market for node devices is 5K-10K and many folks who buy them actually buy every company's device just to try it out.
And a ton of folks who buy them never even set them up.
Who's the jackass at Google who decided that the mute toggle in Meet is CTRL+D instead of spacebar?
Instructions unclear, my 401K has been almost all GBTC for many years.
I suspect Craig Wright will disappear within a few years. The only question is if he disappears of his own volition or if he gets disappeared by Calvin Ayre.
You could also look into Blockstream Satellite if you want to nerd out. Just a one time setup cost of a couple hundred dollars IIRC.