I have come to realise that crypto wallets are not just only a place to store digital coins and that they can also be a gateway to access the whole Web3 thingy, because I have been used thinking that crypto wallets are just for storing coins like the early days of trust wallet, metamask and the likes.

Looking at the development we have had over time now, I have seen my friends using wallets for several thing like the Launchpads, airdrops, staking and the like of the BWB wallet that has all these and you wonder if there are much difference between an exchange and spot platform. 

If you have been actively participating in the crypto space lately you would have even noticed some folks minting NFTs with some of these wallets and it keeps me thinking of what can be made out of these things in future, I think if we there can be a place to merge everything together instead of separating them will help have a wholistic view of the whole wallets.

Quote from: ABCbits on May 30, 2024, 11:45:42 AM

This is ridiculous, some groups and politicians must really hate someone else having some privacy. I also worry about other criteria of "CVC mixing", especially these points which are very common feature on many cryptocurrency wallet.

These points are an explanation of convertible virtual currency
(CVC) mixing, so that any service that contains points from A to F is considered a mixer.
The general definition of a mixer, according to https://www.govinfo.gov/content/pkg/FR-2023-10-23/pdf/2023-23449.pdf, is any service that leads to difficulty connecting inputs and outputs, and the conditions stated from A to F apply to it.

(3) CVC mixing. (i) The term ‘‘CVC mixing’’ means the facilitation of CVC transactions in a manner that obfuscates the source, destination, or amount involved in one or more transactions, regardless of the type of protocol or service used, such as:

(E) Exchanging between types of CVC or other digital assets; or
(F) Facilitating user-initiated delays in transactional activity.

Quote from: ABCbits on May 29, 2024, 12:39:19 PM

--snip--

It is funny because these keys cost nothing and users can change them easily and cheap. With crypto, that key market only grew. Keys became more available and affordable. People prefer to have limited functions and annoying "active windows" warning message for years, than to spend 5-10 dollars and forget about it. That is a cost of 1 cup of coffee...

I am not a Windows huge fan, but I see that a lot of people are against it. This makes me wonder, when banks operate with huge money and most important other peoples money, why most of banking operators have Windows installed on their working PC. Mostly their software is for Windows. All those managers and those who work with customers, have windows based devices. We, cryptocurrency community, say that Windows is no good if we want to protect our money. But banks used Windows to operate with other peoples money, large amount of money. Dont you find it strange?

(B) Using programmatic or algorithmic code to coordinate, manage, or manipulate the structure of a transaction;

(D) Creating and using single-use wallets, addresses, or accounts, and sending CVC through such wallets, addresses, or accounts through a series of independent transactions;

(E) Exchanging between types of CVC or other digital assets;

I find it funny when on crypto related forums people discuss pros and cons of unlicensed copies of Windows. I have looked on this forum, but on our neighbor forum we have windows key sellers. <$5 and your windows will be licensed. Add more $5 and you get a key for antivirus license. Nevertheless, licensed copy of Windows or not, it does not matter, as user himself makes security mistakes. Even after buying Mac, users isnt insured against copy/pasting his key on a phishing page.

If anyone wants to know more about Linux and Bitcoin, they can take a look at a distro called BitKey: BitKey - Secure Bitcoin Swiss Army Knife.

Quote from: ABCbits on May 28, 2024, 10:01:37 AM

--snip--

I am speaking from my experience. Updates will inevitably stop after a period of time. The period of time may vary depending on the country, but they will inevitably stop. This is what happened to me at least, as they give you a trial period to use all the features with the ability to update automatically, but after a period of time some important features will stop ( For example, you cannot customize the Windows theme, and automatic updates are also stopped, but you can still install updates manually.

As you know, there are security vulnerabilities that are discovered from time to time in Windows and are fixed through updates, so stopping the update may cause serious problems in the future.

Quote from: ABCbits on May 27, 2024, 01:42:01 PM

While i agree Visa is more frequently used for real-life activity, using Visa isn't free. Usually there's monthly fee imposed by bank which issue your card. The merchant sometimes pay few percentage fee if you pay them using card, where they increase their goods/services cost to overcome it.

Most cards here in Europe have zero-fee card maintenance and issuance, the banks usually might charge a fee for the account and app but in most cases if you're with them for the wage or mortgage that comes free too. As for the percentages, the PoS from ING is lent for only 0.4% fees on the sales, including banking and tech support, at 10sat/vb you would need to sell only over $400 to compete with them because you need to factor also the cost of you suing those inputs.

LN would be the only one coming close, but then you would have the initial cost of opening one and funding it, so still a tight race.