Bitcoin testnet get coins counted

Ask forgiveness, not permission. Sometimes this turns out fine, but other times bright-eyed experimenters can find that the legal gray area they thought they were operating in was much more black than white. One of the legally murky aspects of the crypto world is the initial coin offering. An ICO is a way bitcoin testnet get coins counted developers and businesspeople to collect money directly from individuals who wish to invest in a new project or venture.

Investors usually send bitcoin to the development team behind the new offering in exchange for a new altcoin, appcoin or other type of digital token. The general idea with these digital tokens is that they will be tied to the growth of a specific project or business.

As that project grows in popularity, the thinking goes, the token purchased during the initial coin offering will also grow in value. Questions remain about the legality of the ICO concept. If the authorities decide bitcoin testnet get coins counted the tokens are securities, technologists and entrepreneurs who raised money on the internet through ostensibly unregulated token sales face fines or even jail time under certain circumstances where fraud or similar charges are involved.

At stake is the innovative role blockchain technology — which has gained increasing acceptance from bankers as a multitool of the future, albeit without the tokens — can play in business, especially in raising money from the public. If these digital tokens are regulated like traditional financial assets, then the supposed benefits offered by blockchain technology, such as raising money from a wider range of individuals and lowering the cost of doing so, are dubious at best.

The DAO for Distributed Autonomous Organization was essentially designed to be a venture capital fund with no barrier to entry. Nearly all ICOs are launched on top of Ethereum these days. A lawyer familiar with bitcoin and Ethereum in the United States has come to the conclusion that the ether token sale was indeed an issuance of a security.

In earlyCoin Center, a think tank in Washington, released a report on cryptotokens and when it makes sense for these digital assets to be considered securities. Jason Seibert, a securities lawyer, takes a bitcoin testnet get coins counted view. During the show, Bitcoin testnet get coins counted and Sztorc noted that many of the individuals who purchased ether in the presale were doing so with the expectation of profit.

There are multiple videos online of Ethereum creator Vitalik Buterin referring to ether as an investment. At least one of the videos was filmed before the presale took place. Bitcoin testnet get coins counted Ethereum Foundation, a nonprofit that promotes and supports the cryptocurrency, would not comment for this story.

Joseph Lubin, who was an Ethereum co-founder and also founded the Ethereum-focused blockchain startup Consensys, said, "From my perspective the Ethereum token launch took place after months of extensive legal diligence. While this understanding that some people will think of ether as an investment was obvious to anyone paying attention to the Ethereum token presale at the time, such language is not found in the official terms and conditions that came with the sale.

Seibert says there is no doubt that the initial sale of ether tokens was the issuance of a security. It was a situation where people put money under the management and control of Ethereum with the expectation of a profit.

In other words, users must pay for the execution of smart contracts on bitcoin testnet get coins counted Ethereum blockchain through the native ether token. During his Bitcoin testnet get coins counted show, Seibert responded to the argument that ether is a useful commodity and not just a speculative investment.

If ether can be considered a security, then some may ask why bitcoin cannot be considered a security as well. Users are not forced to upgrade when these sorts of patches are made. There was no expectation of profit when Nakamoto released bitcoin.

It was simply something he turned on and people started using. The project was already completed when it was announced, and there was no presale of tokens on the network. Some early code had been written before the Ethereum crowd sale, but the platform was far from finished at the time.

As Sztorc has pointed out, it could be argued that the platform is still not complete as the final monetary policy and a change in the security model from proof-of-work to proof-of-stake are still in the works. Sztorc says the only real difference between Ethereum bitcoin testnet get coins counted the bitcoin testnet an alternative blockchain for experimentation is that there is no expectation of profit with the latter. During the case, it was ruled that bitcoin is not a security. Also, whom the regulators decide to target can be rather arbitrary.

According to Seibert, the regulators may not have gone after Ethereum yet because it takes time bitcoin testnet get coins counted figure this sort of thing out. Seibert pointed to the Glenn Turner case from the s as another incident where it took a fair amount of time for regulators to figure out whether a security had been issued. On the other hand, the SEC also fined SatoshiDice founder Voorhees even though no one was defrauded by his investment offering.

In that case, Voorhees was simply charged for publicly offering shares in two websites without registering them. The organizers of Ethereum "were doing the right thing. Do we want to impose costs on that system? Article Underwriting self-employed borrowers Freddie Mac helps lenders to better serve this expanding market segment. Partner Insights Sponsor Content From: Kyle Torpey Kyle Torpey, a freelance writer and researcher, has followed bitcoin since Follow him on Twitter: Posted by Unknown User.

The fate of many is determined by so few, and someone always gets hurt. The majority of the population does not care or bitcoin testnet get coins counted, and part of the reason is that there are no alternatives. Bitcoin and many other new cryptocurrencies popping up today are superior forms of money, and educational. Don't let regulation prevent the next Satoshi from releasing something even greater! Like what you see? Make sure you're getting it all Independent and authoritative analysis and perspective for the banking industry.

The primary method of requesting support is our support email address info greenaddress. If you have found a bug or wish to request a feature in our software, you can also report it as an issue against the appropriate GitHub repository.

You can also post questions on our subreddit. In some cases fellow GreenAddress users may be able to respond to your query before we are able to. Support is offered on a best-effort basis. We prioritize addressing security problems and bugs in the software providing the service. If your question is answered in this FAQ, and in particular, if it pertains to lost credentials, it may be some time before we respond to you.

Unfortunately we receive a large volume of spurious email and we cannot always respond instantly. We are working to improve our email response time and will update this FAQ whenever the support policy or support solution is changed.

If you have specific support requirements please contact us to discuss your needs. Your main GreenAddress account is a 2of2 bitcoin testnet get coins counted. This means that two signatures are required to validate any transaction: We sign your transaction only if it complies with bitcoin testnet get coins counted limits you have enabled, and only when you provide two-factor authentication.

This means that a potential coin thief has to first access your wallet and then also hack into your two-factor authentication in order to try to steal your coins.

A 2of3 account requires two out of three signatures, where the third signature is from a backup bitcoin testnet get coins counted known only to you. This gives you the security benefits of a 2of2 account, while still bitcoin testnet get coins counted you to move your coins in the event that the GreenAddress service is unavailable. You can read more about 2of3 recovery here.

Please see below for details bitcoin testnet get coins counted recovery transactions which allow you to move coins bitcoin testnet get coins counted 2of2 accounts. When you send an ordinary Bitcoin transaction, the recipient of the coins must take care that the transaction is confirmed mined into a block on the blockchain so that they cannot be defrauded.

An attempt to defraud is usually made by "double spending" coins - after sending a transaction to someone, the inputs are then re-spent in a new transaction that pays someone else.

To avoid this risk, it is usually recommended to wait for at least six blocks after the transaction is mined. This introduces undesirable delays when sending. Because GreenAddress 2of2 accounts only allow sending coins when they are signed by both you and us, the service can act as a kind of guarantee that your coins cannot be double spent, since the service will not sign another transaction for the same coins when one is already in-flight.

Services that choose to rely on this can therefore trust that a transaction they receive from GreenAddress cannot be double spent, eliminating the need to wait for the transaction to confirm.

These are known as instant transactions and they can be sent by ticking the "instant" checkbox when sending coins from our wallet software. Funds in bitcoin testnet get coins counted main GreenAddress account or bitcoin testnet get coins counted multisignature 2of2 subaccount require 2 signatures to be spent: In order to protect you from loss of access to your funds should GreenAddress become unavailable GreenAddress automatically creates pre-signed transactions which you can subsequently countersign to recover the funds to an address controlled solely by you.

These transactions are called nLockTime transactions because they can only be spent and confirmed by the network after a specific period of time. If the service becomes unavailable, you simply wait until the specified period 90 days by defaultthen sign and send the transaction using our open source recovery tool garecovery.

Once the nLockTime period expires these nLockTime transactions would allow you to recover the funds in the 2of2 account without requiring GreenAddress's signature. This also means that any limits placed on your spending in GreenAddress, such as 2FA requirements, cease to be enforceable by GreenAddress, and that these funds are no longer available for use in instant transactions because GreenAddress cannot guarantee that bitcoin testnet get coins counted have not tried to double spend them.

At bitcoin testnet get coins counted point GreenAddress will prompt you to redeposit the coins by sending them to yourself. This creates a new nLocktime transaction for you, while re-protecting the coins by once again requiring a GreenAddress signature to spend them. In this way you can take advantage of instant transactions from 2of2 accounts, while always being sure you can retrieve your funds if the service is off-line.

The redeposit operation is a standard bitcoin transaction and as such is subject to the usual network transaction fees. You can place your funds in a GreenAddress 2of3 account, in which case GreenAddress does not generate bitcoin testnet get coins counted transactions and therefore no redeposits are necessary. You can increase the nLockTime period on your account which will reduce the frequency of the redeposits. The downside of this is that should you need to recover your funds for example, because you lose your two factor authentication you will have to wait for longer.

We recommend that you redeposit your funds when reminded, however redepositing is optional and failure to redeposit will not necessarily lead to the loss of any funds. The main consequences of not redepositing are:.

The bitcoin testnet get coins counted in the account will no longer be eligible for instant confirmations because GreenAddress can no longer guarantee that you have not tried to double spend them. It becomes possible that anyone with access to both your mnemonic and the nLockTime. No, GreenAddress does not support this. GreenAddress will only sign standard bitcoin transactions. Yes, our https site supports Tor users. Our mainnet production site is at http: Unfortunately, many banks and payment services such as PayPal don't yet support Bitcoin directly.

For the time being, you can exchange your money using bank transfers and sometimes debit or credit cards via an intermediary like a Bitcoin testnet get coins counted exchange or a broker. There are bitcoin testnet get coins counted online services and communities where you can arrange to exchange cash for Bitcoin.

This is an area of rapid change and innovation and bitcoin testnet get coins counted we do not list or specifically recommend any services in this space. The best service for you depends on many factors. We suggest you locate local services using your favorite search engine and carefully review any potential options. You should see new transactions in your wallet within seconds of it being sent by the payer.

If you can not see your transaction bitcoin testnet get coins counted a block explorer, it probably means it is still propagating or failed to do so for example, setting the fee too low can cause transactions to be dropped.

We have sensible rate limits to bitcoin testnet get coins counted the service from denial of service attacks. It is extremely unlikely that a user will encounter these limits under normal use. If you find that you are hitting a rate limit, please contact support with the details.

If you have a requirement that exceeds the current limits, please feel free to contact us to discuss your needs further. Addresses change constantly for privacy and security reasons. Re-using bitcoin testnet get coins counted addresses makes it easier for others to group transactions together and can be less secure.

While GreenAddress does correctly process multiple payments to the same address, we recommend not re-using them. Addresses should be thought of as one-time receipt IDs rather than as unchanging identifiers such as traditional bank wire details. Please see the API documentation for more details. All previously generated addresses are available in the Receive tab under Advanced Options when using the Bitcoin testnet get coins counted or Cordova wallet clients.

Your private keys are not stored. They are derived on demand from your mnemonics as a seed to a BIP32 hierarchical wallet. Your mnemonics and private keys are never sent to the server. The server receives the public key and chaincode for generated addresses only. When you create a PIN, a random bit AES password is created and used to encrypt your mnemonics and store them on your device in encrypted form.

This password is sent to the server and destroyed on the client. If the server is given the correct PIN when logging in, it will return the password to the device in order to decrypt the mnemonics. If the server is given the wrong PIN three times, it will destroy the password at which point the user must use their mnemonics to log in.

Note that the bitcoin testnet get coins counted never sees your mnemonics at any point. If you can't remember the PIN you use to login to your wallet, you will need to use your mnemonics to log in instead. After entering the wrong PIN three times, the back end service will bitcoin testnet get coins counted its copy of your wallet's random decryption key, at which point the PIN can no longer be used.

Your wallet client will then ask you to login using your mnemonics and you can resume using the service as normal. The service never knows your mnemonics or passphrase; We cannot help you recover them if they are lost. If you have a wallet with PIN entry enabled, you can use your PIN to log in to the wallet and then view the mnemonics from the settings menu.

You should then write them down and store them safely. In all other cases you will only be able to retrieve your mnemonics by brute force trying various combinations of valid words. This is similar to how a hacker might try to break into your wallet, and is not generally feasible.

You should research third party services for wallet recovery, as GreenAddress does not offer assistance or support for wallet cracking for obvious reasons. You should always have at least two different two-factor options enabled.

As long as you keep these bitcoin testnet get coins counted you can maintain access to your coins even if you lose access to one method for any reason. In cases where you have lost access to all of your two-factor methods, we have no way to return control of your coins to you. We take our users' security very seriously; we have never disabled two-factor authentication for any user once enabled, unless explicitly authorized to do so via another two-factor authentication method.

We follow the restrictions that you placed on your account without exception. If your coins are in a 2of2 account then you will need to recover your authentication - we cannot disable it in this or any other case. Alternately, if you had enabled nLocktime transactions then you can use them to recover your coins after the nLocktime expires 90 days by default. If you transferred your coins to a 2of3 account then you can move them without two-factor authentication since you have 2 of the 3 required signatures.

If not, then unless you can recover your authorization we cannot help you. As noted, 2of3 accounts can be used to avoid requiring authentication also. These future mitigations require careful design and development to ensure that they cannot be exploited by attackers.

It may be some time before we can safely implement them. Our two-factor authentication system is a security measure that we include to ensure that even if a malicious party steals your mnemonics, they cannot access your wallet and steal your funds.

We do not do this, because if we did so, it would compromise all the security offered by 2FA in the first place. Any malicious party could steal your mnemonics, and then contact us asking us to reset the 2FA, and then they could access your funds. As such, we strongly urge users to set up at least 2 different 2FA methods. SMS delivery is not perfect and sometimes there can be delays or failures.

The default bcoin HTTP server listens bitcoin testnet get coins counted the standard RPC port for main, for testnet, for regtest, and default for simnet.

Install bcoin-cli and bwallet-cli command line tools with the bclient package. Included with bcoin by default, but can be installed separately: You can also use api with Javascript Library used by bcoin-cli. There are two objects: Client for general API and bcoin. Wallet for wallet API. Broadcast a transaction by adding it to the node's mempool. If mempool verification fails, bitcoin testnet get coins counted node will still forcefully advertise and relay the transaction for the next 60 seconds.

This is documentation how to use it with bcoin. It won't accept that block as valid Invalidation will work while running, restarting node will remove invalid block from list. Returns the estimated current or historical network hashes per second, based on last blocks. Returns new work, whenever new TX is received in the mempool or new block has been discovered. So miner can bitcoin testnet get coins counted mining on new data.

Also validates proposal if mode is specified as proposal. Admin commands are simply commands no specific to any particular wallet, and may impact all wallets on the system. Additional security is available by specifying admin-token in your configuration if wallet-auth is also enabled. If admin-token is specified, add? Initiates bitcoin testnet get coins counted blockchain rescan for the walletdb. Wallets will be rolled back to the specified height transactions above this height will be unconfirmed.

The best way to interact with the wallet API is with the bwallet-cli in the bclient package. Installing globally with npm i -g bclient gives you access to the cli.

You can also install locally to your project. Note that when using it in your own program, you will need to explicitly pass in a port option. The easiest way to do this is with bcoin.

You can create a client for a specific wallet and be compatible with the old api with the wallet method on WalletClient class.

Bcoin maintains a wallet database which contains every wallet. Wallets are not usable without also using a wallet database. For testing, the wallet database can be in-memory, but it must be there. Wallets are uniquely identified by an id and the walletdb is created with a default id bitcoin testnet get coins counted primary. See Create a Wallet below for more details.

Wallets in bcoin use bip They also originally supported bip45 for multisig, but support was removed to reduce code complexity, and also because bip45 doesn't seem to add any benefit in practice. The wallet database can contain many different wallets, with many different accounts, with many different addresses for each account.

Each account can be of a different type. You could have a pubkeyhash account, as well as a multisig account, a witness pubkeyhash account, etc. Note that accounts should not be accessed directly from the public API. They do not have locks which can lead to race conditions during writes.

The wallet HTTP server listens on it's own port, separate from the node's server. Persistent configuration can be added to wallet. Same directory has bcoin. A wallet is always created with a corresponding token. When using api endpoints for a specific wallet, the token must be sent back in the query string or json body. Get wallet master HD key. This is normally censored in the wallet info route. The provided api key must have admin access.

Derive the AES key from passphrase and hold it in memory for a specified number of seconds. During this time, account creation and signing of transactions will not require a passphrase.

An import can be either a private key or a public key for watch-only. Watch Only wallets will throw an error if trying to import a private key. Import a Base58Check encoded address. Addresses like public bitcoin testnet get coins counted can only be imported into watch-only wallets. Response will return addedKey: Returns false if key already added, but will still return success: Response will return removedKey: Returns false if key already removed, but will still return success: Derive new nested p2sh receiving address for account.

Note that this can't be done on a non-witness account otherwise you will receive the following error:. Get wallet or account balance. If no account option is passed, the call defaults to wallet balance with account index of Abandon single pending transaction. Confirmed transactions will throw an error.

Note that this object does not enforce locks. Any method that does a write is internal Bitcoin testnet get coins counted only and will lead to race conditions if used elsewhere. From the BIP44 Specification:. This level splits the key space into independent user identities, so the wallet never mixes the coins across different accounts.

Users can use these accounts to organize the funds in the same fashion as bank accounts; bitcoin testnet get coins counted donation purposes where all addresses are considered publicfor saving purposes, for common expenses etc.

Accounts are numbered from index 0 in sequentially increasing manner. This number is used as child index in BIP32 derivation. List all account names array indices map directly to bip44 account indices associated with a specific wallet id.

Note that even if the server API key is disabled on the test server, the wallet auth event must still be sent to complete the handshake. After creating a websocket and authing with the server, you must send a wallet join event to listen for events on a wallet. Object in the form: Any errors will be returned with an http status code other thancontaining a JSON object in the form:.

Authentication Auth curl http: Further examples will only include "result" part. RPC Calls are accepted at: Name Default Description None. Name Default Description 1 script Required Bitcoin script.

It will rewind network to blockhash and invalidate bitcoin testnet get coins counted. Name Default Description 1 blockhash Required Hash of the block 2 verbose true If set to false, it will return hex of the block 3 details false If set to true, it will return transaction details too. Name Default Description 1 blockheight Required height of the block in the blockchain.

The above command returns JSON "result" like this: Or mempool tx list. Name Default Description 1 nblocks 1 Number of blocks to check for estimation. Name Default Description 1 outpoints Required Outpoint list 1. Name Default Description 1 proof Required Proof of transaction inclusion.

Name Default Description 1 blocks Number of blocks to lookup. Or submits solved block. Name Default Description 1 data Data to be submitted to the network. Name Default Description 1 blockdata Required. Name Default Description 1 mining 0 true will start mining, false will stop. Name Default Description 1 numblocks 1 Number of blocks to mine. Coin Bitcoin testnet get coins counted coin information via API. Returns coin in bcoin coin json format. This is highly recommended, especially on production instances.

Returns an array of strings. Configuration Persistent configuration can be added to wallet. If not present, it will be generated witness Boolean false Whether to use witness programs watchOnly Boolean false accountKey String The extended public key for the primary account in the new wallet.