l0n3raven

I don't think so. It's really as simple as downloading, verifying, installing, and running Bitcoin Core. You might not initially understand everything it is doing, and you might not initially understand how to use all…

Yes, absolutely. Electrum wallets use a seed phrase, from which all your private keys are generated in a deterministic pattern as I described above, which means backing up only your seed phrase is sufficient to back up…

I would note that there is nothing "trustworthy" about Electrum servers. They are simply servers, and there is no mechanism to assign ratings to servers as either "trustworthy" or "malicious". Electrum gets around this…

So 12,356,630 "words" gives 23.56 bits per word. 132/23.56 gives 5.6, which means 6 word seed phrases. The important point to note is that an Electrum seed phrase is not converted back in to the entropy which generated…

Certainly it's been possible at least since Electrum moved away from using their own wordlist and moved to mirroring the BIP39 wordlist. The math is quite interesting, if you want to work it out. Given a word list of…

I think we are disagreeing on semantics here rather than the underlying principles. Of course you are correct in that you don't want a process which can easily be repeated to achieve identical results. But conversely, I…

Radioactive decay is indeed a truly random process. We know from Bell's theorem that radioactive decay is not governed by "local hidden variables". In other words, we know that there are not events or process happening…

It's easily done. Just navigate to your Electrum installation folder, and go to \electrum\wordlist. First back up "english.txt", and then edit the original with your own wordlist. Job done. I just pulled the wordlist…

I would point out that the PBKDF2 used in bitcoin actually provides very weak protection against brute force. 2,048 rounds is a very small number. Bitcoin Core uses a minimum of 25,000 rounds, but usually much more…

My hypothesis is that it is a user that really wanted to get their transaction confirmed in the next block, but they wanted to pay the minimum fee required to do so. Every replaced transaction has the same fingerprint -…

Zero. Such a block would be invalid, since it spends the same coins twice. The default behavior of a node is never have two or more conflicting transactions in its mempool. When it accepts a replacement, it evicts the…

Nothing about RBF makes any of the transactions being replaced invalid. When someone makes a replacement transaction, think of it as a brand new and completely separate transaction which just happens to spend (some of)…