Questions tagged [bitcoin]

RobertJohnson Sun Jun 16 2024 | 6 answers 972

Could you elaborate on the modifications that preceded a significant bifurcation in the Bitcoin network? Prior to this pivotal event, what adjustments were implemented, and how did they contribute to the eventual hard fork? Were these changes technical in nature, or did they involve governance or community consensus? Understanding these precursors is crucial for appreciating the significance and impact of the hard fork itself.

Maria Sun Jun 16 2024 | 6 answers 1310

Could you please enlighten me on the initial steps required to embark on a Bitcoin ATM business? I'm particularly interested in understanding the logistics of obtaining the necessary permits and licenses, as well as the technical aspects involved in setting up and maintaining the machines. Additionally, I'm wondering about the financial considerations, such as the initial investment required and potential revenue streams. Furthermore, I'm curious about the challenges and risks associated with this type of business, and how one can mitigate them. Your insights would be greatly appreciated.

EthereumElite Sun Jun 16 2024 | 6 answers 1582

Could you please clarify for me if Cash App currently offers support for the Bitcoin Lightning Network? I'm interested in understanding if this popular payment application has integrated this innovative scaling solution for faster and cheaper Bitcoin transactions. I've heard about the Lightning Network's potential to greatly enhance the usability of Bitcoin, and I'm wondering if Cash App has jumped on this opportunity to improve its services. Thank you for your assistance in clarifying this matter.

CryptoQueen Sun Jun 16 2024 | 5 answers 800

Could you please clarify for me the specifics of the bitcoin withdrawal limit on Cash App? I'm interested in understanding the maximum amount of bitcoins that can be withdrawn at any given time using this application. Is the limit set per day, per week, or per month? Also, are there any factors that might affect this limit, such as account verification status or transaction history? It would be helpful to know if there are any fees associated with withdrawing bitcoins, and if so, how they are calculated. Thank you for your assistance in clarifying this matter.

Tommaso Sun Jun 16 2024 | 6 answers 1648

Could you please explain to me what the RBF policy stands for in the context of Bitcoin? I've heard some mentions of it but I'm not entirely sure how it works or what its purpose is. Could you elaborate on how it affects transactions and miners in the Bitcoin network? Also, is it something that Bitcoin users should be aware of when conducting transactions? Thank you for your help in clarifying this matter.