As far as I know, randomness in computers are not truly random, but rather pseudorandom, mostly derived from current timestamp. So when creating various wallets, I have saw a lot of them introduced some kind of user-generated randomness (like just moving the mouse) and then deriving the wallet and mnemonic phrase out of it, but some does not.
For example, TrustWallet or many others, you just install the app, it creates the wallet for you and you just write down the words.
Is not it possible, but highly unlikely, that two different people create the same address in the same time with the same wallet creator tool?
Or what if I set the timestamp to some certain precise number, would I be generating the same wallet like someone before me?
What would happen to Bitcoin if the internet or power would be shut down for a moment, all over the world? Would this destroy Bitcoin or other block chain based money or technology?
The Yunnan province authority has ordered an investigation into the illegal use of state electrical power by those involved in bitc
I want to know if I misunderstanding shorting a currency in which I hold collateral on?
In my margin account I have 1 BTC
I short only 4 BTC on BTC/USD even though I am allowed up to 10x (The maintenance margin is that I must maintain)
The price raises 20%
Forget for the moment the interest on the 4 BTC I just borrowed…
I now have 20% more collateral? Thus I will never get liquidated for the price going up? Since my margin’s value goes up with the BTC? The unrealized loss is mitigated by the the upward value? (Meaning I will have always have the collateral to support the upward?)
Of course when it goes down (as it always does) Any collateral value I am losing is made up in Profit? (Of course I will always exit with a profit if the price goes down)
All good things must come to an end and unfortunately this is the last video of Reef A Palooza Orlando 2021! For this video, I ran into a young YouTube personality, Levi Peterson, at the Reef Nutrition booth. If you think that he has a baby face, you are correct. Levi just graduated from high school but don’t let his age fool you. He’s become quite the expert in the highly beautiful but underrated and mostly uncharted world of NPS reef tanks, and that has been gathering attention from all over the industry such as Reef Builders, ACI, Julian Sprung, and Reef Hobbyists' Magazine to name a few. I wanted to get together with him, and introduce you guys to him and his channel so you could see the beauty of the NPS corals as well as to help him ease in to the industry. Hopefully we can help to influence and nurture this young talent as a recognized figure for years to come as an NPS expert that we all can rely on! Check out our sit-down interview and comment below about your experience with NPS corals and tell us about your favorites. Happy Reefing!
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The ongoing lawsuit filed by the SEC against Ripple Labs and its execs is showing no signs of slowing down or ending anytime soon. Ripple’s latest defense now challenges the SEC’s jurisdictional autho
The post Ripple execs file new motion – What does it mean for their XRP sales contention? appeared first on AMBCrypto.