Bitcoin’s Decentralized Decision Structure

Liberating the Nepalese Economy one Satoshi at a time.

Welcome to BitcoinNepal. This subreddit is dedicated to information/transaction of BTC in Nepal or between fellow daju/bhai/didi/bainis. BTC relies on a trust-no-one system so please keep that in mind. However, our social structure relies on trust-a-lot so it will be interesting to see how we conduct business between ourselves.
[link]

Win the big prize!

JackpotCoin is a new cryptocurrency with a fun incentive to mine.
[link]

Blockchain-based platform for Global Distributed Supply Chain Finance & Trade Services

AXenS is a secure and curated digital market place to provide both liquidity and efficiency to the import-export supply chain. It is a place that is trade-focused from the ground-up and that is secure not only by cutting-edge cryptography but also by customizable trust models, which make it possible to guarantee both the data privacy and auditability required by the many players in the industry.
[link]

MAST in 1 tweet: a new data structure that enables smaller transaction sizes, improved privacy, and more complex smart contracts in Bitcoin.

MAST in 1 tweet: a new data structure that enables smaller transaction sizes, improved privacy, and more complex smart contracts in Bitcoin. submitted by viajero_loco to Bitcoin [link] [comments]

Transact the Block: Bitcoin's Simplified Payment Verification (SPV) and Transaction structure (Merkle Tree's)

Transact the Block: Bitcoin's Simplified Payment Verification (SPV) and Transaction structure (Merkle Tree's) submitted by yawnz9 to CryptoCurrency [link] [comments]

09-23 14:33 - 'Yes, they should either use Iota’s tangle, or remake their entire foundational structure to operate in a lattice. This goes for any other project using blockchain. Blockchain cannot scale to the transactional rates necessary for...' by /u/zyuko22 removed from /r/Bitcoin within 5-15min

'''
Yes, they should either use Iota’s tangle, or remake their entire foundational structure to operate in a lattice. This goes for any other project using blockchain. Blockchain cannot scale to the transactional rates necessary for a global scale.
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: zyuko22
submitted by removalbot to removalbot [link] [comments]

What is the Bitcoin ABC "Modified fee structure" and how does it decrease fees for "typical transactions"?

Bitcoin ABC were planning to do this:
Modified fee structure to allow for an order of magnitude decrease in fees for typical transactions (not strictly a consensus change, but an important change being included with the release).
What exactly does this mean?
I can't see any mention of it in the 0.18.x releases.
submitted by hapticpilot to btc [link] [comments]

Cryptfunder Crypto Origins Series: The satoshi represents one hundred millionth of a bitcoin. Small denominations make bitcoin transactions easier to conduct, makes extremely fine transactions readable. The general unit structure of bitcoins has 1 bitcoi…

Cryptfunder Crypto Origins Series: The satoshi represents one hundred millionth of a bitcoin. Small denominations make bitcoin transactions easier to conduct, makes extremely fine transactions readable. The general unit structure of bitcoins has 1 bitcoi… submitted by baoanhq9 to u/baoanhq9 [link] [comments]

MAST: a new data structure that enables smaller transaction sizes, improved privacy, and more complex smart contracts in Bitcoin.

MAST: a new data structure that enables smaller transaction sizes, improved privacy, and more complex smart contracts in Bitcoin. submitted by TheGreatMuffin to Bitcoin [link] [comments]

MAST: a new data structure that enables smaller transaction sizes, improved privacy, and more complex smart contracts in Bitcoin.

MAST: a new data structure that enables smaller transaction sizes, improved privacy, and more complex smart contracts in Bitcoin. submitted by seanthenry to btc [link] [comments]

What is the Bitcoin ABC "Modified fee structure" and how does it decrease fees for "typical transactions"? /r/btc

What is the Bitcoin ABC submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

What is the Bitcoin ABC "Modified fee structure" and how does it decrease fees for "typical transactions"? /r/btc

What is the Bitcoin ABC submitted by cryptoanalyticabot to cryptoall [link] [comments]

a web of transactions structured to capitalize on the perceived anonymity of cryptocurrencies such as bitcoin

reading through this indictment has been fascinating and this piece caught my eye, it's on page 21 #57
https://www.justice.gov/file/1080281/download
there are some other interesting inferences in there as well and whispers deeply on current monitoring and stored data arguments. crypto will just make it all more traceable, not as anonymous as some would like to think.
submitted by EC_CO to CryptoCurrency [link] [comments]

[uncensored-r/Bitcoin] MAST in 1 tweet: a new data structure that enables smaller transaction sizes, improved privacy, a...

The following post by viajero_loco is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7p7ay0
The original post's content was as follows:
https://twitter.com/lopp/status/950721850631389185
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

CapitalOne 360 Closed My Account. I did not structure. I only sold bitcoins on Coinbase and did not buy. No other transactions from other bitcoin businesses were made.

I did not structure. I only sold bitcoins on Coinbase. Did not buy. I do not have any other bitcoin related accounts connected to CapitalOne. CapitalOne 360 decided to close my account without giving me a reason. I am an honest, hardworking U.S. citizen that pays his taxes, even bitcoin taxes on capital gains.
My funds from CapitalOne is going to be moved to my local bank account.
submitted by baronofbitcoin to Bitcoin [link] [comments]

A new data structure that enables smaller transaction sizes, improved privacy, and more complex smart contracts in Bitcoin.

A new data structure that enables smaller transaction sizes, improved privacy, and more complex smart contracts in Bitcoin. submitted by unitedstatian to btc [link] [comments]

MAST: new data structure in Bitcoin that enables even smaller transaction sizes, and more complex smart contracts

MAST: new data structure in Bitcoin that enables even smaller transaction sizes, and more complex smart contracts submitted by tnap4 to CryptoCurrency [link] [comments]

MAST in 1 tweet: a new data structure that enables smaller transaction sizes, improved privacy, and more complex smart contracts in Bitcoin.

MAST in 1 tweet: a new data structure that enables smaller transaction sizes, improved privacy, and more complex smart contracts in Bitcoin. submitted by BitcoinAllBot to BitcoinAll [link] [comments]

With the current bitcoin segwit enabled transaction structure, what would the required block size be if every human on the planet transacted once a day using bitcoin?

I got this question on a project I'm working on and it has left me stumped. We could estimate using 7.4 billion people in the world today, I think it's asking what the average would be if we're using 10 minute block intervals, 144 blocks per day. I'm not sure if it just wants me to use the average block size from somewhere like blockchain.info currently since it would reflect segwit or if there would need to be some sort of calculation. If anyone has any insight into this problem it would be greatly appreciated. Thanks!
submitted by dosh233 to CryptoCurrency [link] [comments]

With the current bitcoin segwit enabled transaction structure, what would the required block size be if every human on the planet transacted once a day using bitcoin? /r/Bitcoin

With the current bitcoin segwit enabled transaction structure, what would the required block size be if every human on the planet transacted once a day using bitcoin? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

With the current bitcoin segwit enabled transaction structure, what would the required block size be if every human on the planet transacted once a day using bitcoin?

I got this question on a project I'm working on and it has left me stumped. We could estimate using 7.4 billion people in the world today, I think it's asking what the average would be if we're using 10 minute block intervals, 144 blocks per day. I'm not sure if it just wants me to use the average block size from somewhere like blockchain.info currently since it would reflect segwit or if there would need to be some sort of calculation. If anyone has any insight into this problem it would be greatly appreciated. Thanks!
submitted by dosh233 to Bitcoin [link] [comments]

Idea: Avoid MSB by structuring transactions to swap US dollars $ <-> goods/services <-> Bitcoins in the USA

IDEA: Why not create transactions using goods/services as a sort of middle transaction in order to avoid the whole MSB issue in the USA.
There is an exemption (Fincen) when swapping dollars or bitcoins for goods and services.
1) Sell someone 10 books for $250 cash
2) Buy the ten books back for 1 BTC (Alternatively they request to "cancel" the transaction and they request a refund of 1 BTC)
3) No need to register with fincen or for an MSB licence.
Just use some sort of actual goods/services as a sort of middle currency.
Does anyone have any thoughts on whether this would work/ is legal.
Thanks.
submitted by player540 to Bitcoin [link] [comments]

Question on structure of segwit part of transaction /r/Bitcoin

Question on structure of segwit part of transaction /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

I'm interested in, yet skeptical of, Bitcoins future due to the incentives to horde inherently build into it's structure. How many of you use Bitcoins in day to day transactions, and how many of you are speculators?

submitted by cutigers823 to Bitcoin [link] [comments]

Bitcoin mentioned around Reddit: IOTA will become the first decentralized, micro transactional, quantum proof, no block blockchain cryptocurrency without fees that can also layer as a secure data transfer structure /r/Iota

Bitcoin mentioned around Reddit: IOTA will become the first decentralized, micro transactional, quantum proof, no block blockchain cryptocurrency without fees that can also layer as a secure data transfer structure /Iota submitted by BitcoinAllBot to BitcoinAll [link] [comments]

How to Trace a Bitcoin Transaction using a Bitcoin ... Bitcoin Transaction Details - Part 2 Bitcoin - Transaction block chains - YouTube Bitcoin - Transaction records - YouTube How Bitcoin Works Under the Hood - YouTube

the Bitcoin transaction network with with good explanatory power on the trading price of Bitcoin. As the prior works have suggested, there are several prevalent, intuitive features of the structure of the transaction graph that show a strong correlation to Bitcoin price. We seek to extend these conclusions to identify features with independent explanatory capability, implying an underlying ... Raw Transaction Format¶. Bitcoin transactions are broadcast between peers in a serialized byte format, called raw format.It is this form of a transaction which is SHA256(SHA256()) hashed to create the TXID and, ultimately, the merkle root of a block containing the transaction—making the transaction format part of the consensus rules. A Bitcoin transaction consists of a version number, a locktime value, a list of inputs and a list of outputs.. The primary functionality of a Bitcoin transaction is to transfer custody of bitcoin from one to another. A Bitcoin transaction can also serve as a vehicle for smart contracts, recording data, attestation and many other secondary functionalities. In other words, you can partially spend the contents of a transaction, but you need to spend completely transaction outputs. Bitcoin nodes keep track of unspent transaction outputs (otherwise called UTXOs) in a database for quick retrieval of available bitcoins to spend, and total amount of BTCs available for specific Public Keys. And you can see that every transaction has got a fee – that ... Bitcoin transaction and protocol model. From CryptoWiki. Jump to: navigation, search. ... Correctness of the transaction format (structure and semantics checking) 2) The fact that the user has the means that he wants to translate In order to determine the ownership of the funds, it is necessary to check the entire block account for whether the transaction that Alice refers to was not ...

[index] [48290] [18902] [27637] [43446] [29791] [28201] [37846] [11250] [45500] [8657]

How to Trace a Bitcoin Transaction using a Bitcoin ...

A somewhat technical explanation of how Bitcoin works. Want more? Check out my new in-depth course on the latest in Bitcoin, Blockchain, and a survey of the ... The mechanics of a bitcoin transaction block chain, which is a construct that is generated by bitcoin miners and functions as a global ledger for recording a... The Crypto Dad shows you how to trace a Bitcoin transaction. Important software used is: Electrum bitcoin wallet: https://electrum.org/#home The Blockchain e... The basic mechanics of a bitcoin transaction between two parties and what is included within a given bitcoin transaction record. More free lessons at: http:/... Get More Tech Videos - Subscribe http://bit.ly/2Mtee9Z Share This Video https://youtu.be/o1-L4fwj1xM -----...

#