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1461  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 17, 2015, 08:42:13 AM
Two consecutive transactions over the same public address leads to a pattern relaying on the elliptic curve cryptography method.
So working along with reverse engineering, hacker can find the private keys, where he can extract them and steal coins whenever they want to.
Imagine if those private keys belong to a cold wallet of huge bitcoin exchange... It can be a disaster for digital currencies...

This has been always the problem in the history of cryptography, and it is actually the reason why cryptography has born.
Let only the target person know what your information is, but don't let anybody else know about it.
So you have to encrypt it at the source, but also have to allow it to be fully recoverable at the destination, without getting caught in the air with some patterns.

To be honest, it is not an easy job, requires a lot of focus and luck. If someone can do it, I am sure they deserve it, but need a patch ASAP, maybe adding another layer of security of some hashing algorithm for the public address and its transaction IDs could be a solution, to remove the patterns...

In the meantime there are precautions everyone can take to mitigate the risk of falling victim to this exploit.

A) The most drastic and cumbersome preventive security measure would be to never use the same address twice.

or

B) Another, more easily manageable option would be to use a wallet whose dedicated purpose is to transact with the outside world, and to never leave important amounts in it. An example would be a wallet with addresses for exchanges, mining pools, donations, stores, etc., and whenever the balance of any of those addresses goes over a certain pre-established amount, you, as the owner and user, would send the balance to another wallet that you only use for storage and that only transacts with your "intermediary transaction wallet" and never with anyone else. I think this would be an effective workaround solution.

REMEMBER: most of us use specific addresses of our own creation with each entity we deal with, which means that those addresses easily fall into "two consecutive transaction" sequences. For example, most people have a specific address they use with Cryptsy, and another for Bittrex (again, these are named for sake of giving an example). Those specific addresses are used only for transactions with each specific entity and no-one else. Obviously this means that the entity we are transacting with has made not just two, but a plethora of sequential transactions with our specific address.

The good news is that an attacker cannot steal everything in our intermediary transaction wallet, only what's assigned to the particular address in the blockchain. Relaying funds to a safer, better protected address using a "proxy" wallet in a firewall kind of fashion as outlined in option B above should keep any attacker at bay.

Please correct me if I'm overlooking anything (which is quite possible). There are things we can do to improve security using the technology currently available to us and it's not necessary or recommendable to ignore the issue while waiting for a fix. Beyond what I've mentioned here, other advice is to never use an online wallet provider or online creator of paper wallets, NEVER! What other suggestions and recommendations has everyone else heard of or have?


1462  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 16, 2015, 10:45:28 PM

Second link TLDR: if you create a bitcoin trojan, you can steal bitcoins.  Excerpt: "The attacker must first create a compromised version of ECDSA".  Nothing worth fretting over.

900+ words, and I recommend reading them all.

My favorite excerpt:
Quote
Both Verbücheln and Pustogarov say that the most likely way for such an attack to be mounted would be through dedicated wallet services running proprietary software. Devices designed specifically for secure cold-storage of coins, for example, would be prime candidates for this sort of attack.

Stealing your digital currency right off the blockchain - they don't even need to get to your computer, much less your wallet!


I wasn't planning to respond, but since you reposted the link let me give my breakdown of the article.

To exploit this vulnerability, the attackers must first create a vulnerability to exploit.  That is, they have to get malicious code into the bitcoin source code, or otherwise get their intended victim to download compromised wallet software.  If they successfully manage that, then they can steal bitcoins from an air-gapped wallet running their compromised code.  But if they could insert malicious code into bitcoin in the first place, compromising air-gapped wallets would be the least of everyone's troubles.

I have perhaps the mistaken idea that the attacker only has to create his/her own compromised ECDSA wallet with which to transact with other legitimate wallets that are completely unaware of the exploit since the k2 value sent by the attacker is seen as being a legitimate k value.

The attacker then “watches” everything it transacts with in the hopes of paring up two CONSECUTIVE transactions from the same address.

The attacker's objectives are met once two consecutive transactions are made with the same address, and the victim’s private key is “leaked”, or, as I would say, stolen (after working backwards to calculate k and the private keys to that address).

We need go no further than pool mining to find an ideal place to transact with multiple addresses in consecutive fashion . . .

Correct me if I’m wrong. I’m the first to admit that this is a complicated matter.



-----------------------------------------o-----------------------------------------

On a slightly different note, interesting price action in DGB. Very technical, which is good. Looking forward to seeing what happens now.



1463  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 16, 2015, 11:32:49 AM

Who's obviously got quite a nice track record in flaming.  Cheesy  Cheesy  Cheesy
1464  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 16, 2015, 11:15:36 AM
Ah this "newbies" and "juniors"... gotta love them. Really...

Yes, your one of those ones whom puts 'weight' behind Post quantity and 'time on a forum', listen..lets cut past all the BS.. just do what you can to drive the price down, every one knows that what you do, your goal.. so.. just do it, so I can buy cheap again. Thanks for all your hard work. I've banked off your garbage for over a year now. Keep feeding me.

Yep, quality of newbies -and idiots- to actually believe anything anyone posts on these boards has any effect on the price in the exchanges... what else is new?

No "HR", it's the one and only. The only difference is perhaps your personal agenda? Just a thought...

One of your posts is founded on fairly good substantiated facts. The other on innuendo and straw men negatives that you invent. Just a thought...


Add: I'll grant you that your tone is the same though . . . perhaps in the future you might want to better analyze what it is you're flaming before you flame . . .

1465  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 16, 2015, 11:01:25 AM

 And who, by the way, is this kid Jared Tate, I mean what are his qualifications? I understand that for a kid his age attending a session of CNBC at the Nasdaq is a big event but, really.

https://www.linkedin.com/pub/jared-tate/90/9aa/257
BitcoinTate-Well respected KID in the bitcoin world.
https://bitcointalk.org/index.php?action=profile;u=83404

And who are you?Would you mind to tell everybody on the internet your name and everything you can find with that?
As Jared told before,The team is not ready to fully give the information YOU want because there are everyday hack and phising attempts to the personall account of Jared and to the Digibyte network,Website etc. etc.


And just a thing i want to say,Offcourse a discussion and questions are good and healty but does is need so much negative thoughts in it?


Well I'll tell you, I would absolutely LOVE to find ANY positive in this thing. I haven't succeeded at it at all, hard as I have tried.

Now, regarding who am I, IF I were someone who would come here to offer a project or expect to get your or anyone's sponsorship for my project, I would consider a condition to not only reveal who I am but offer every other assurance of transparency and accountability possible, the more the better. Kind of the cleanest restaurant possible if someone would want to enter the restaurant business? You don't need to know the identity of your customers, unless required by law... as long as they PAY for whatever you sell, right? As it stands, I am not a developer and I dont need, seek, or want anyone's sponsorship... just the opposite of the dev "teams" all around in crypto.

But to put an even closer example that I am sure you would understand clearly, all these projects are quite similar to any other enterprise that, ONLY AFTER VERY MEETING VERY CONSIDERABLE BARRIERS OF IDENTITY AND TRANSPARENCY, among others, is offered in any international stock exchange. By LAW, they are required not just to meet those requirements but also to offer clear accountability for their expenses every 3 months. Publicly. And audited.

But those, you will be right to say, are SERIOUS business while these alas...

I want to thank you for your posts: being that the best you can come up with are chaotically presented "straw men" arguments that fly in the face of reality (i.e. that "kid Jared Tate" whose profile is readily available on LinkedIn), they are serving to further strengthen DGB .

Thanks.

And all irony aside, your post regarding the security issues relating to inside jobs was very well stated and presented.

Hum, are there more than one of you behind that nick?

1466  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 16, 2015, 09:52:40 AM
ah man....seen this one play out a bunch...to much greed (fear) on the guys that got in around 35-50 before the pump (2nd wave)...now the smart money that got in early will clear out the books with the 300% profit that remains ... because they know they can buy back cheaper ....with profits already secured from sells above 100.


im buying back ~15-30




I had a bunch on Crypsty offered in the 500 sat range. I wouldn't think of taking initial profits any lower than that (but I'm not a short term trader either). I've taken them down and sent them back to their respective wallets, where they are backed up and offline sleeping in secure hibernation.  Cheesy
1467  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 16, 2015, 09:41:16 AM
To be honest, the cold wallet of all the exchanges are not safe... I do not know what their reaction will be against this....
And I wonder why BTER but not CRYPTSY ?

The answer to that is so evident, so clear, so in front of our noses, that defies logic that a cesspool of rotten corruption such as BTER will have remained in busin ess at all. I mean, it was not just proven but admitted by every party, Lin, BTER's owner, was associated and co-conspirator in the BitBay scam which is depicted in all kinds of detail in the non censored threads of BTC Talk, several of them. They have been fully exposed here for around 2 months or more. Lin, with his Chinese associated and the (paid) co-operation of Bob Surplus and David Zimbeck, perpetrated and carried out the most blatant and obviously fraudulent ICO scam. What do you freaking expect, that after being exposed this guy would repent and suddenly turn honest businessman?Huh Come on people!!!

There's no (outside) theft of any kind. Once again, it's blatant and obvious.

But you go ahead and continue sending him your coins. Maybe he will someday repent, actually.

Now Cryptsy is an AMERICAN company. And in America fraud, no matter if in crypto or in what, is fully prosecuted and no perpetrator -no blatant ones at least- can get away with thios short of thing. One would think that this sort of thing would make a difference, but obviously not to some people.


I absolutely agree 100% with everything you said here.

Everything.

Spot on!


And it's more often the case than the exception. We need look no further than MintPal/Moolah for one of the more recent examples. Same time, same place. Same day, same channel. Crooks on the inside making off with people's money with impunity.

Here's a comprehensive list worth studying. Lots were hacks, by a good many were outright inside jobs.

https://bitcointalk.org/index.php?topic=83794.0


1468  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 16, 2015, 09:38:33 AM
With Digibyte coming up with its own exchange, i do hope they have employed and implemented many or all of the security features to ensure the safety of every user's DGB, as well as the integrity of Digibyte's servers that the exchange's data is on. Just recently, bter and 2 other lesser known exchanges got hacked. Before this, many exchanges like bitstamp and mtgox and some of which i don't really know got hacked as well.

Whether its 2FA or using SMS or using email to authenticate one's login or for withdrawal of coins, i really really do hope that the Digibyte Team nail this. If they do, Digibyte will instantly soar to the skies as one of the MOST SAFEST to invest in and to use. And then other exchanges can learn a thing or two from Digibyte's Safety Standards. Just like how Digishield got used by other coins.

On a side note for us users, I think its high time that users LEARN to use 2FA. i mean, we are all in this for the long haul and investors are looking to make thousands or turn 3 digits into 5-6 digits. people out there are working their ass off to bring in the BIG Moolah [money] while we are putting in so LITTLE effort to get it. is it so difficult to put in just a bit more effort into ensuring the safety of our coins on our own ends? At least the only thing we have to worry about is the servers' end, which i do hope Digibyte will address it.

One way to completely eliminate the problems on the users' end is for Digibyte to make it an obligation for users to enable 2FA or SMS. Well, if anybody wants to use a crypto-currency, we better have a mobile phone if not a smartphone. if 3rd world people can have one, you better have one too. We shouldn't give security an option to users. its a MUST despite the extra steps and the hassle. But anyway, im sure majority of us want our coins to be secured and not lost or stolen after knowing about all these hacking cases. and its not 1 or 2 or a few. how many BTC have been lost and how many people have been affected so far ever since mtgox? lots...

Although we can never be 100% Safe as i too understand that, at least make it difficult for the hackers and cover all loopholes and gaps. have backups and some kind of contingency plans if anything happens or if the worst happens.

I am sure DigiMan's armor isn't for show.  Wink
Make Security our No.1 Priority. Looking to make LOTS, you better have a LOCK!
Nobody commonly have $10 000 or $1000 or $500 cash in their wallets [physical wallet] except in storage...well, for the average low/middle-income citizens that is.  Grin

Here, here. Going down the right road. When it comes to people's money, with real money that is to say (and not crypto play money), people want the highest levels of accountability possible, and that of course means security measures and transparency.

The digital currencies that survive will all heed, address and meet those demands that are placed on real money.


And even then, nothing's guaranteed: http://www.coindesk.com/research-hackers-install-backdoor-bitcoin-cold-storage/

. . . except the common sense that says not to put all our eggs in the same basket.

1469  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 16, 2015, 09:27:26 AM
Current dump is just because the good old: "lack of news".
I'm not worried. I've cashed out plenty >100 and some in the 80's, but still holding a good chunk too.

You can't rush real life stuff. Why do you think Jared is flying over the whole world? For fun?

All I can say is: secure your profits so you have a good feeling about it and keep the rest. Even if DGB dumps to 10 again, i'm in profit with my current holdings. (not that i'm expecting it to go so low ever again).

And what exactly is DGB's claim to fame other than those $250K inexplicably given to Jared -I suppose- to get this thing off the ground?

Honest question, really. Because, to the outsider here -me- this looks EXACTLY like your run-of-the-mill copy/paste hackjob worth 0.2 BTC from a number of providers. But I am sure it is something more than that and I trust that you will convince me of such. Giving the monumental dump that has followed to the monumental pump, it is approaching levels that, if there's SOMETHING to this project, it could be quite tempting, so I got some fresh BTC I would be willin g to have a house for in any alt that is not what I described above.

Thanks in advance!

Five separate algorithms.

Also, if you do decide to only dabble in it, they've got an electrum-based wallet so you don't have to download the whole blockchain.

Thank you for your answer. Unfortunately that's far from satisfying my requirements of honesty and transparency. See, the more I read about this, the more I see it is indeed a souped-up clone of BTC, nothing else. AND, importantly, there's no transparency whatsoever... that I have found. There are a buncho of first names listed as part of "the team", next to some Jared Tate. And an office address in Hong-Kong. Santa Monica, California is supposed to also have a new "global office" but whatever that one is doesn't seem to have neither a phone nor a physical address... hummmm. Also, there's this investment of $250K made by what appears to be a consulting firm in Hong-Kong that we are left to believe -at least I am- that was paid for in billions of DGB, maybe a bunch of current and future billions of DGB... one has to wonder and guess because I have read quite a bit about it and, unless I am missing the meat of the story, it is nowhere to be found what this Hong-Kong consulting firm is getting  in exchange for those $250k.

As it is, I am farther from being convinced I was before your answer -which, again, I thank you for-. I'd like to actually walk in the Santa Monica office and maybe meet Jared Tate or whoever those faceless first name guys and Tiffany are if they are there. But most of all, I'd like to know the obligations DGB has in exchange for that lofty $250K contribution. Lacking that, my BTC will be put to use somewhere else. TRhanks again for your quick answer anyway.

You really need to read a bit before coming to conclusions.

. . . starting with the OP.


Here are some excerpts

Why use DigiByte?

Security: DigiByte uses five highly advanced cryptographic algorithms.

Speed: DigiByte transaction notifications occur in 1-3 seconds, blocks are discovered every thirty seconds and transactions are fully confirmed every 3 minutes. Future planned upgrades will make these times even faster.

Fees: Most DigiByte to DigiByte transactions are free or carry a very small network-mining fee to incentivize people to mine.

Worldwide: DigiBytes are already stored, traded and transacted in over 173 countries.

Decentralization: There is no need for a middleman or third party or central server.

Re-Spend: Send DigiBytes you received to someone else in as little as three minutes.

Finite Production: New DigiBytes are added to the network every thirty seconds through a process called mining as each new block (or grouping of transactions in a spreadsheet like format) is discovered by the network.

Scarcity: 21 Billion DigiBytes will be created in 21 years.

1% Monthly New Minting Reduction: New DigiByte production decreases 1% every month.

Mining: DigiByte mining is decentralized with five independent, highly secure mining algorithms.

Adaptable, innovative & flexible: DigiByte is constantly adding new features & services to remain on the cutting edge of digital currency technology.

Committed Development: DigiByte has been under constant, progressive development for over one year now with core development team members from all over the world.

Millennial Acquisition Potential: DigiByte provides merchants, banks & other legacy institutions with a new means of acquiring & connecting with tech savvy millennial users.

A Bright Future: DigiByte has many new & exciting projects underway to be released throughout 2015 to increase DigiByte utility and new user adoption across the globe.


DigiByte vs. Bitcoin

Security: 5 DigiByte mining algorithms vs. 1 Bitcoin algorithm.
  • DigiByte mining is much more decentralized.
  • DigiByte mining algorithms can be changed out in the future to prevent centralization.

Speed:  DigiByte transactions occur much faster that Bitcoin transactions.
  • 1-3 second transaction notifications.
  • 30 second DigiByte blocks vs. 10 minute Bitcoin blocks.
  • DigiBytes are confirmed after 3 minutes vs. 1 hour with Bitcoins.

Transaction Volume: DigiByte can handle many more transactions per second.
  • Bitcoin can only handle 7 transactions per second.
  • DigiByte currently can handle 140 transactions per second.
  • Future DigiByte upgrades will push transaction limit to several thousand per second.

Total Supply: More DigiBytes, lower price, more micro transactions, better price stability.
  • 21 billion DigiBytes will be created over 21 years.
  • Only 21 million Bitcoin will be created over 140 years.
  • 1:1000 ratio. 1 Bitcoin for every 1000 DigiBytes.

Flexibility: Ability to quickly add new features.
  • DigiByte can add new features & upgrades much quicker than Bitcoin.
  • Future DigiByte upgrades will push transaction limit to several thousand per second.

Marketability & Usability: DigiByte is an easy brand to market to consumers.
  • DigiBytes are much cheaper to acquire.
  • $1 - $10 long-term price target per DigiByte.
  • Send 5 DigiBytes instead of 0.005 Bitcoin.


DigiByte Timeline

2009 - 2012: The initial design & development for an open source decentralized cryptocurrency known as Bitcoin is created by an anonymous programmer using the name Satoshi Nakamoto.

2012 – 2013: The founder of DigiByte, Jared Tate initially discovers Bitcoin and spends over 14 months analyzing, learning & experimenting with the Bitcoin network and source code.

November 2013: Jared decides to improve upon Bitcoin’s codebase with a brand new digital currency & payment network named DigiByte and begins development.

January 10th, 2014, 12 PM MST: DigiByte officially launches with much success and user participation from around the globe.
  
February 28th, 2014: DigiShield hardfork at block 67,200. DigiByte developers in response to multi-pool attacks test and develop an asymmetrical difficulty adjustment system named DigiShield. DigiShield is quickly adopted & implemented by many other digital currencies including Dogecoin. Many digital currencies still use & apply parts of DigiShield codebase.

April 8th, 2014: DigiByte attends, gives a professional presentation & has a booth at the first ever cryptocurrency convention in New York City. Watch Video Here

May 1st, 2014: DigiByte mentioned on CNBC.com. Read Here

May 9th, 2014: DigiByte mentioned live on CNBC for the first time. Watch Video Here

May - August 2014: DigiByte team meets with several potential investors & strategic partners.

September 1st, 2014: MultiAlgo hardfork at block 145,000. DigiByte plans & successfully deploys its second hardfork to allow miners to mine on five independent mining algorithms & is the first digital currency to make such a move.

November 29th, 2014: DigiByte officially announces a $250,000 private investment to build services around the DigiByte network as well as a strategic collaboration with Tofugear Ltd of Hong Kong and a new office presence in Hong Kong.  Read Announcement Here

December 10th, 2014: MultiShield hardfork at block 400,000. DigiByte deploys & executes its third hard fork to improve network performance alongside a reward reduction to extend DigiByte production to 21 years.

January 10th, 2015: DigiByte turns one year old.

January 16th, 2015: DigiByte releases DigiHash Easy Miner for beginners. Read Release Post

January 21st, 2015: DigiByte releases 1st Web Based Multi-Signature Wallet. Read Release Post

January 23rd, 2015: The first DigiByte wallet has been approved & listed on the Apple iTunes store. Read Release Post

January 26th, 2015: DigiByte mentioned on CNBC.com! Read Article

February 1st, 2015: The DigiByteTip is released to the public for beta testing. This allows users tip send & tip DigiBytes on Twitter, Twitch, Facebook and Reddit. Read Release Post



And don't forget about all those little mentioned accomplishments while "jet setting" around. (I need to compile a list.)

Here is a quick update for everyone!

The 1st ever Digital Currencies convention for Bankers went very well in New York. We made a lot of connections & introduced a lot of high level people to DigiByte & DigiPay. Every major bank from Wells Fargo, Chase & more to Visa, Mastercard and even the people who run the SWIFT international transfer system where in attendance. There were also several representatives from some of the 12 Federal Reserve Banks. It was the most insightful & beneficial conference we have attended yet. Besides Ethereum, Mastercoin & Ripple we were the only alt coin represented there. This showed several people we are serious & a legitimate contender for long term Digital Currency success.

The thing that surprised us the most was not "if" digital currencies would go main stream, but "when," "how" and "who" would be the first ones to do it. Several bankers legitimately felt block-chain technology can replace the aging ACH system. Bankers felt block chain technology could make it much easier for them to operate & follow AML/KYC laws.

I (Jared) also met up with Brian Kelly of Nautiluscoin & had a great lengthy conversation about the future of Digital Currencies after attending the Fast Money show at the NASDAQ market site. Some very positive things are underway. Finance is changing & we are proud to stand along side all of you as we are all pioneering the future of money! DigiByte to the moon! Smiley

In a nutshell, DGB is a highly focused endeavor with an extremely clear vision for creating a viable, widely adopted digital currency for a specific niche that meets (and beats I might say) all existing programming requirements and that IS BEING DELIVERED on time and as promised by a Dev Team led by a real person whose real identity is known to all.

Can you say that about any other "alt coin"?
1470  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 15, 2015, 10:37:20 PM

Second link TLDR: if you create a bitcoin trojan, you can steal bitcoins.  Excerpt: "The attacker must first create a compromised version of ECDSA".  Nothing worth fretting over.

900+ words, and I recommend reading them all.

My favorite excerpt:
Quote
Both Verbücheln and Pustogarov say that the most likely way for such an attack to be mounted would be through dedicated wallet services running proprietary software. Devices designed specifically for secure cold-storage of coins, for example, would be prime candidates for this sort of attack.

Stealing your digital currency right off the blockchain - they don't even need to get to your computer, much less your wallet!


Edit: I've added some additional recommendations to my "The Most Secure, Least Hassle, Security Option" I posted earlier. Nothing's perfect, and nothing's perfectly safe - you can only do your best, and the last line of defense is NOT having all your eggs in the same basket.

1471  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 15, 2015, 08:17:48 PM

This is worrying, I know a bit about these things. The private keys are all publicly announced on the blockchain, according to the article...
The paper has not been published yet, I am wondering if BTERCOM hack has anything to do with this researcher and method Wink

Or bitstamp hired a few hackers or this researcher to recover their own losses ? Cheesy


Very worrying. Was reading someone speculating these are not the works of "the cyberwarfare division of some country".
http://www.reddit.com/r/Bitcoin/comments/2vz1zq/its_now_officialbtercom_was_hackedlost_7170_btc/comb02u

Whoever it is, they're making off with good money . . .


This is why I'm a 100% transparency man. I want my name STAMPED on all my coins! And a digital signature needed to spend them!!!

I plan on writing something on the subject and will post it on the bb . . . maybe by next weekend.  Wink

1472  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 15, 2015, 07:56:01 PM
Actually that doesn't make sense.  It's more logical to buy a coin when it's on the way down than on the way up (unless you have some kind of insider trading information).

Here's some "lines on a page" that mark nice buy spots for anyone looking to accumulate.

And I know there's a couple of you.  Wink


1473  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 15, 2015, 12:27:49 PM

Nice work HR! Very detailed and valuable information you have there.


Looking forward to hearing how well it works for you.

Also looking forward to seeing how well the mining section serves you once you decide to take the plunge and set up a miner!   Smiley

1474  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 14, 2015, 11:59:46 PM



1475  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 14, 2015, 10:17:30 PM


I'm seriously thinking the GTX 960 is a real nice looking option for a dual card, eco-friendly, system, with a regular case, you know: an "ordinary everyday" computer that really won't be that ordinary since it will literally fly with the majority of the rest of your computing needs . . . even with the miner running in the background!  Cheesy  

http://cryptomining-blog.com/4219-the-new-nvidia-geforce-gtx-960-mining-performance/

A real sweet hobbyist machine.

A complete machine for under $740 at Amazon. Posted the full configuration over on the BB.

1476  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 14, 2015, 05:29:04 PM


Lots of new additions to the "Mining - how you can mine 'em" section of the Asistec TI Digital Currency Forum

If you're new and interested in mining, I recommend you start with the "Mining Basics Explained" thread and to follow those 4 easy steps towards getting a miner online and DGB flowing into your wallet.  Cool

Make sure you post back any questions and issues you may have or come across, as well as any kind of general feedback you think would be useful (i.e., is the information too simplified? too complicated? lacking? . . .)

TIA


P.S. Nice post here highlighting how there's much more than short term P&L that goes into the decision making process about whether to mine or not: miners are also defending their coin, for example!
1477  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 09, 2015, 10:07:50 PM


Good going everyone!

1478  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 09, 2015, 10:04:16 PM
I am solo mining DGB in the hope that they go up in value.
I got one "yay" this morning and this went into my wallet which is the official version and I got 2386.045241 DBG
I got another "yay" this afternoon but nothing went to my wallet, I can see things like "AddToWallet" and "ProcessBlock: ACCEPTED" and "generated 2385.965241"
I am using ccminer sp version from git which I compiled myself,
My question is what do I look for to tell me what the problem is?
Does my wallet need to be unlocked during mining, although I am fairly sure it was locked when I got the 1st "yay" this morning
I've spent a couple of hours googling this issue and not found anything relevant, apologies if this is a noob question that I should know.


Sounds like an orphan block. You can confirm that by looking at your debug.log file.

 Sad

1479  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 09, 2015, 02:34:12 PM
Not to worry. The original source is always cited (in this case if you scroll down to the bottom of the post, you'll see it).

The idea is not to re-invent, but to consolidate and make pertinent digital currency information as less "techie" and the most accessible to the general public as possible.

I'm pretty sure I'm being misunderstood.

The document you have produced reads: "Taken from the most updated source available compiled from actual miner inputs: http://myriad.theblockexplorer.com/help.php".

Which is the same as


Taken from the old myriad configuration settings.
It's not a problem of attribution. Feel free to use the data as you see fit. Albeit it has never been stated, I'd assume it's public domain.

The problem is that your source is obsolete and has been obsolete for months.
The source you pointed to is not the official MYR configuration anymore and it is not being maintained AFAIK.
All the data was ported in gdocs so they effectively replace the old tables.

Thanks so much for that useful and instructive clarification. I had the misunderstanding that myriad.theblockexplorer.com was constantly being updated. I'll need to compare with their gdocs and update as needed. In any event, it's not going to be that "out-of-date" since the information in both places isn't that old to begin with, but whatever additional information that has been added and that hasn't gone into myriad.theblockexplorer.com will need to be incorporated into my post. Since I am trying to consolidate and update both at the same time, your pointing this out to me is a great help.

THANKS AGAIN!
1480  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 09, 2015, 10:40:28 AM
Taken from the old myriad configuration settings.
Myriad transitioned to gdocs months ago.
GPU benchmarks
CPU benchmarks
ASIC benchmarks

Gdocs gives a few advancements, it's easier to manage and fully collaborative-oriented, implying your additions can be seen in real time as opposed to require a review.

Not to worry. The original source is always cited (in this case if you scroll down to the bottom of the post, you'll see it).

The idea is not to re-invent, but to consolidate and make pertinent digital currency information as less "techie" and the most accessible to the general public as possible.
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