Bitcoin Forum

Other => Archival => Topic started by: Vod on August 13, 2016, 02:02:55 AM



Title: DDOSCoin - get paid to DDOS!
Post by: Vod on August 13, 2016, 02:02:55 AM
Quote
"In the most innovative, weirdest, and stupidest idea of the month, two researchers from the University of Colorado Boulder and the University of Michigan have created a crypto-currency that rewards people for participating in DDoS attacks,"

Just like Bitcoin, DDoSCoin uses cryptographic data to provide a proof-of-work. In DDoSCoin's case, this proof-of-work is extracted from the TLS connection a miner establishes with the website they're supposed to attack.

"In modern versions of TLS, the server signs a client-provided parameter during the handshake, along with server-provided values used in the key exchange of the connection," the researchers explain. "This allows the client to prove to others that it has communicated with the server."

Read more: http://news.softpedia.com/news/ddoscoin-is-the-crypto-currency-that-rewards-criminals-507256.shtml#ixzz4HAptB52p

Interesting idea.  I can't see an arms race on this coin like there was with bitcoin - each person can only have so much bandwidth.

Edit:  Duplicate thread... moving to Archive.