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19508285 No.19508285 [Reply] [Original]

What's a white paper, how does crypto mining work, where should I buy it, where should I trade, and how does storing it work?

>> No.19508344

>>19508285
fuckin boot licking uncle tom

>> No.19508458

>>19508285
>What's a white paper
A white paper (whitepaper) is an informational document, usually issued by a company or not-for-profit organization, to promote or highlight the features of a solution, product, or service. White papers are often written as sales and marketing documents used to entice or persuade potential customers to learn more about or purchase a particular product, service, technology or methodology.

>how does crypto mining work
Bitcoin miners receive bitcoin as a reward for completing "blocks" of verified transactions which are added to the blockchain.

>where should I buy it
Coinbase

>where should I trade
you dont, you are not smart enough to be a trader, you would only lose money

>and how does storing it work?
you send your coins or tokens to your wallet.
because only you have the private key nobody can access your funds.

>> No.19508610

>>19508285
>guys it's fine, police also kills white people
the absolute state of americunts

>> No.19508805

>>19508610
It’s more about that blacks only talk about muh rasicm and to destroy white people and white property
Most people would be okay if it where protests just against police brutality

>> No.19509074

>>19508610
Did you even read it?

>> No.19509107

>>19508458
what if someone hacks the private key?

>> No.19509173
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19509173

>>19508285
facts and statistics are racist because math is a problematic social construct created by the systemic white supremacist privilege toxic cis opressive maga nazi masculinity and as a strong independent diverse vibrant inclusive amazing tolerant antifa queer trans latinx lesbian of color my feelings are more important than made up numbers & that's a good thing

>> No.19509544

>>19508458
>you dont, you are not smart enough to be a trader, you would only lose money
Reeeeeeeeeeeee

>> No.19509580

>>19508285
What if for every 100 white people arrested, 10,000 black people are arrested?

>> No.19509597

>>19508285
Mean while all his kin are thinking is : OOGABOOGA TEXT HURT BRAIN OOGA

I pity this man.

>> No.19509598

>>19509107
you can't hack a private key
someone can hack your computer and somehow steal your credentials

until quantum computing is a thing, you can only guess a private key, and guessing a (single) private key is simply unrealistic, even if you put to work every CPU on earth.

after quantum computing is a thing, it of course is highly dependent on how good it actually is, the solutions we have currently are not close at all to being useful, let alone powerful enough. But after it, the protocol will likely change to accommodate the threat, but btc stored under addresses that haven't disclosed their public keys by signing a tx (address != public key) will still be safe.

>> No.19509599

>>19509107
what if your mom has a dick

>> No.19509673

>>19509598
>btc stored under addresses that haven't disclosed their public keys by signing a tx (address != public key) will still be safe.
Do you know if a key that would get hacked because of this would also expose the private keys of other crypto in the case of a Ledger (Nano S). I signed a tx in the past with Bitcoin but not with other crypto but I am not sure if they could deduce the other private keys since a ledger uses one seed phrase for all cryptos.

>> No.19509698
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19509698

>>19509673
my guess is no
but you should ask whoever made the proprietary software on your USB stick, god damn fruit

>> No.19509771

>>19509580
maybe they shouldnt be commiting crime huh?
still not the point of the op niggerfaggot

>> No.19510195

>>19509698
Thanks. I guess I'll have to reinitialize my back-up Ledger and move all my funds over there before some-one fucks me. Thankfully we have some time left (hopefully).

>> No.19510225

>>19510195
anon
storing your BTC only with unrevealed public keys is unreasonably paranoid
nobody does this
you have nothing to worry about for years, if not decades to come.

>> No.19510235

>>19508344
You must be at least 18 to post here.

>> No.19510315

>>19510225
I am paranoid and don't trust the government to disclose their technological advancements. Also my current address is going to be known to certain agencies through KYC soon enough. I rather be prepared for plausible deniability if I can. My paranoia has served me right before and although I agree that we are most likely far away from this being a feasible attack vector I'd rather have it over with now than having to rush this.

>> No.19510332

>>19510315
>>I am paranoid
Not paranoid enough to avoid using proprietary software on a usb stick though
yikes baka desu senpai

you're not paranoid, you're simply tech illiterate

>> No.19510372

>>19509074
Did you?

>> No.19510405

>>19510332
Perhaps I am foolish for trusting Ledger's software but to call me tech illiterate is quite funny. Thanks for the laugh asshole.

>> No.19510414
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19510414

>>19510405
No problem dipshit!

>> No.19510427

>>19510414
I am quite interested as to how you generated your private key. I assume you have a paperwallet? How did you generate that key?

>> No.19510433

>>19508344
N

>> No.19510440

>>19510332
>proprietary software
But ledger software has been open source for a long time now, hasn't it?

>> No.19510446

>>19510427
dude just use electrum, never update anything, and don't read your emails it's as simple as that

>> No.19510459

>>19510446
Would you be so kind as to answer my question? Pretty please.

>> No.19510468

>>19510459
keep your coins on the ledger, gramps, you can't be helped

>> No.19510474

>>19510468
I'm just trying to see if there is a difference between our approach. To see if you have truly taken a trustless approach and not done basically the same as I have.

>> No.19510491

>>19510332
i also do worry about this

>> No.19510505

>>19510468
>>19510474
>>19510468
>>19510474
If you used a paperwallet generator have you gone through all the code yourself and verified it all yourself? Or did you trust some-one elses analysis? Have you used Electrum? Did you vet their code yourself or did you trust another to do this? What about manipulating your assets? Do you trust your OPSEC enough to expose your private key on the system you use or do you rebuild one everytime you want to and verify the integrity of the system each time? Has it been properly sandboxed etc? I am always looking for ways to optimize my shit and that's why I want to know. So please entertain me.

>> No.19510518

>>19510505
If you know all the answers gramps then why aren't you implementing any of them?

>> No.19510549

>>19510518
boooh you fucking faggot

>> No.19510555

>>19510518
I'm asking what you have done. I am not arrogant enough to assume what I do is the best method. I am always trying to better myself and my approach. So I really want to know your approach, have you done what I said or have you done something else? Are you good enough to vet code yourself or do you have others do it? That is not a trustless approach and most of us cannot take a true trustless approach. That is why I decided to have some trust in Ledger and believe that they will not risk their company by having a backdoor in their hardware wallet. Perhaps that is foolish or a gamble but I do not have the time to go through myself anymore. I do have paperwallets, created offline, on clean and verified systems for permanent storage but those are a hassle for fund manipulation. So if you have found a better way. Please tell me.

>> No.19510561

>>19510555
Imagine writing all that shit
wow

>> No.19510614

>>19510561
I'm starting to think you are the one who is tech illiterate.

>> No.19510627
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19510627

>>19510614
Oh no, anon thinks I'm tech illiterate
what ever shall I do

>> No.19510636

>>19510627
Perhaps give proper answers and add to a valuable discussion? You seem to be having a lot of difficulty achieving that.

>> No.19510649

>>19508285
George Floyd wasn't arrested for a violent crime or shot. So he wouldn't make it into your stats on either count.

A better comparison, is to look at Arrest Related Deaths (ARD) versus total arrests. You'll find such deaths occur far more frequently if you're black...
Check the publically available statistics. The numbers don't lie.

You are almost twice as likely to die when being arrested if you are black.

Don't just cherry pick violent crime...

Also everyone on biz that migrated from pol is racist and proud of it so I doubt anyone here cares or is happy to hear they police aren't being racist to the black community if it was true.

>> No.19510679

>>19510405
ledger's software is open source as far as I know. Someone would have found an obvious flaw in its security by now if it wasn't safe.

>> No.19510751
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19510751

>>19510679
Thanks a lot for pointing that out. I wasn't sure. I think I remember it being partially open source, the wallets being so but not the OS.

>> No.19510933

>>19508344
stay mad nigger

>> No.19511131

>>19508458
reminder that coinbase give your details to the IRS - stay away