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

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?

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fuckin boot licking uncle tom

>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.

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

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

Did you even read it?

what if someone hacks the private key?

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

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

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

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

I pity this man.

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.

what if your mom has a dick

>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.

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

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

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).

user
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.

You must be at least 18 to post here.

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.

>>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

Did you?

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

No problem dipshit!

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

N

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

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

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

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

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.

i also do worry about this

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.