Crypto 360°

Wednesday, 24 March 2021

Feature or bug? Bitcoin.com wallet displaying the receiving address as “From” when viewing transaction.

I sent some BCH from one wallet to another. In the sending account, the UI displays the correct address as “To”. However, the receiving account displays the same address as “From”. Now I appreciate that when a transaction has multiple inputs, some with different addresses, is there really a meaningful “From” address? I see this behavior on every BCH transaction. I’m running version 6.11.7 on iOS.

So am I seeing a bug, or is the field just not labeled accurately? Like, should it be labeled “received to”? I contacted Bitcoin.com app support, but they said they couldn’t escalate the issue unless I could import my seed phrase into a second device.

The way it is, it’s like my wife saying “I got a letter” and when I ask where it’s from she says “our mailbox, not the top one, but the bottom one.” When she should really say “it’s from /u/MemoryDealers”.

submitted by /u/TheRealBeakerboy
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source https://www.reddit.com/r/btc/comments/mbnwbd/feature_or_bug_bitcoincom_wallet_displaying_the/

In the middle of an economic crisis, bitcoin already costs $100,000 in Turkey

submitted by /u/thefoodboylover
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source https://www.reddit.com/r/btc/comments/mbrxjy/in_the_middle_of_an_economic_crisis_bitcoin/

Zoom Out! Bitcoin is on the rise!

https://preview.redd.it/q2bnvao8dto61.png?width=1178&format=png&auto=webp&s=ba83adf37fd79541b911fed68c8c3269aac10cef

submitted by /u/fplfreakaaro
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What the hell happened to the crypto space?

I fell in love with the idea of bitcoin when I first discovered it. I would read a lot. Learned a lot. I still only had an infantile grasp of crypto concepts but was always willing to learn more. Took a break for a few years. Recently I’ve been trying to get caught up on what’s going on in the crypto world (which is daunting! There’s a lot going on!).

So my question is this: wtf happened? Back then it was all about privacy, security, useful application of blockchain technology etc. There were discussions of trust and accountability. The communities around crypto seemed to be all about open source information and improvement of concepts and technologies.

Now I’m reading about off-chain transactions and off-chain verification. Enormous fees. Huge transaction delays. Censorship. Literally billions of “altcoins” or “shitcoins” or whatever you wanna call them. Fucking options contracts on cryptos? Buying crypto on exchanges that don’t let you have your own keys or transfer your crypto to your own wallet???? Seriously wtf at that last one.

Most of the crypto subreddits are full of WSB type language “yolo” “to the moon” etc etc. And Dogecoin??? Fucking dogecoin??? People do realize that it’s an inflationary coin that was created more or less as a joke right?

I’m not trying to promote or bash any particular coin or any particular sub or community. (Yes I’m aware I just bashed doge lol) But I can confidently say bitcoin cash and r/btc are the closest thing to what I remember the original magic internet money and it’s respective subreddit being.

I guess I’m not so much looking for an answer as I am just trying to digest how much things have changed. Now go on! Scram! Get off my lawn ya punk kids!

submitted by /u/jjthejeffe
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source https://www.reddit.com/r/btc/comments/mbsdqv/what_the_hell_happened_to_the_crypto_space/