ISC Diary (Internet Storm Center) Bitcoin – crypto currency of future or heaven for criminals? Published: 2011-09-05, Last Updated: 2011-09-05 21:32:45 UTC by Bojan Zdrnja (Version: 1) http://isc.sans.edu/diary.html?storyid=11509"As Bitcoin is gaining more attention it will be interesting to see what future will bring. Rest assured that we will keep an eye on it." |
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Microsoft wants RBA's change Charis Palmer 2011-09-06 http://technologyspectator.com.au/industry/financial-services/microsoft-wants-rbas-change"Microsoft has become the first technology firm to weigh into the debate on innovation in the Australian payments system, calling for the payments infrastructure to be modified to facilitate virtual currencies, such as Microsoft Points" "The trials and tribulations of Bitcoin, which is about to see one of its currency exchanges face its day in court in France, show just how difficult it is to define what is electronic money, and what is simply another form of stored value." |
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We are the SolidCoin community and we no longer trust your so called 'official' version due to the bugs you keep introducing, your unacceptable license change, and your erratic, insulting manner.
You think you can make changes to keep things incompatible with open source? You will exhaust yourself trying, fail, and still end up with an implementation that no-one is going to use. Everyone will forget you even exist when the next IOCoin comes out.
If he tries, do the usual 'net response. Treat his censorship as damage and route around it. Specifically, modify the client to reject his closed-source software's blocks. He wants incompatibility, let him have it. Odds are the closed-source block chain will be the one to die. In the name of all that is sane, don't ever let CoinHunter have commit access to the git repository of the fork... Should be interesting for those who choose not to update to his new release that adds 1000 blocks to the chain. I'm not updating. Even though that's just a joke - he attempts to wield so much control over the direction of the thing, that the chain is untrustworthy simply because he *could* do this if people actually used his system. |
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I think despite it not being about religion "Poe's law" applies here  |
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This is 100% Bullshit, nothing of that is true at all.
I'm running a 1.04 Solidcoin Program, so i should know.
Dont tell me about "unauthorized sources", in fact you pulled that out of your own ass.
You should probably read this... http://en.wikipedia.org/wiki/SarcasmI have to admit, it was the 1000 premined blocks to be inserted in the blockchain that made me twig that it was a joke. You'd think it would have been "improved troll resilience"! Scary thing is - the SC dev comes across as so unbalanced that this release notice doesn't seem so 'out there'  |
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So part of the UK is regulated. I was half wrong, so I'll stand up to half my bet on that...send me a payment address.
Awesome, so there is some honour on the bitcoin forums  Thanks! Here we go: 15HGEMy1Na2pQgkDe4KMJb4L5jJuFZo9v3 You should have a shiny new 2.5btc. I am not fooling around...when I call people out on bets, I am serious about it. Well.. half serious... which is better than mybitcoin's 49%. Given that this bet was pretty informal and it wasn't immediately obvious when both parties accepted the bet.. I guess we can forgive you that. That observers like me can verify this little wager exchange so easily via the blockchain is a really nice aspect of bitcoin. Thanks for the demo you two  |
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Bitcoin mining trojans are turning up more. Aggressive distribution and enhanced functionality. Lucian Constantin Mon 2011-09-05 http://www.theinquirer.net/inquirer/news/2106704/bitcoin-mining-trojans"MALWARE RESEARCHERS have warned about increased distribution of Bitcoin mining trojans and point out that some of them have been upgraded to also perform other illegal activities." "Bitcoin users are advised to keep their virtual wallets encrypted because some of these trojans are also known to steal Bitcoins." Things are only going to get worse. "Right now, Bitcoins are worth more than $8 each. With the value of Bitcoins constantly rising, the number of malware related to Bitcoin mining will inevitably increase as well," the Trend Micro experts warned.
Constantly rising eh!? |
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I prefer to do it on an ad hoc basis - e.g "-site:bitcointalk.org"
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CoinHunter,
I'll be to the first to admit when I heard of SolidCoin with the 3m blocks, I was intrigued. When the price hit .03 BTC within days and held around .01, that was impressive. You certainly didn't have any problem flaunting and flexing at all the naysayers. Perhaps even with good reason.
But as of yesterday, your credibility has gone down drastically. You may think "Doesn't matter, bitcointalk is full of trolls" and that may be true. But most new people are going to be introduced to SolidCoin by what they read here.... and as of now it isn't pretty.
So why don't you do everyone a favor: We can consolidate all the SC drama into one thread and finally get it over with, and you get to save face with those just being introduce to cryptocurrencies. I'd say the more humble you are, the better. Most complaints have been about you and not your 'product' (that's how you treat it), but your project is hemmoraging credibility on one of the (i imagine) primary ways people are introduced to your project. Come lay out your decisions with Solidcoin, why they're good for the project, and get it out in the open.
Umm.. you're suggesting to the guy who just minutes ago wrote on his forum "I will humilate them" to be more humble? Good luck with that! Here's what he just wrote at http://solidcointalk.org/topic/139-license-change/page__st__40Firstly, I'm not THAT interested in the 0.01% of the world that care about "open source" and are most vocal about this small change. Most that are upset think, like you implied, that I have closed the source which is untrue.
If asking someone to use their code (and I've given 2 good reasons for it) is that big a step for some to make then all I can say is "tough titties". I have thus far allowed many people to use it and denied no one. So put things in perspective here. The license will likely change in the future once I'm done with the core changes I want in SolidCoin, allowing others to take over. For now, and given the horrendous treatment from Bitcoin developers I will humiliate them by making them ask for the changes and also to educate them on the dangers of not doing it properly.
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So.. who is the guy in this podcast who claims to know 'some of the guys' from mybitcoin??
Why didn't he come forth when everyone was desperate to get even the slightest tidbit about what was going on?
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I'd say that if the is how the bitcoin community decides to act and present itself then it is destined for failure, very sad as cryptocurrency had a chance to be the next great thing but until they learn to self police you lot it's f'ed.
Agreed big time. I will nearly always check out alternative currencies to Bitcoin just based on having a more progressive user base. So far nothing beats Bitcoin, but that is just a matter of time regarding what seems to be the initial lump of getting past the users overtaking the network or whatever. While I wouldn't encourage vandalism of some other chain - it's also disturbing how little attention you guys give to the dishonesty of some of these alt-chain starters. (particularly Mr ridiculous: coinhunter - claiming his was 'secure from pools') If someone starts an alternative chain and has the integrity to explain the risks to their users - they're less likely to invite attack. You want to start up a system where security is based on mining-power - but gloss over the fact that it's vulnerable in the beginning when trying to get people to risk their money on it? That's just not decent conduct. If I were to create an alt chain - I would state these risks openly, and perhaps include extra checkpoints in the blockchain and methods for mining pools to assist in detecting/reporting various types of attack. A bit of humility in starting these things might go a long way. |
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Jupiterbroadcasting cover a bit of Bitcoin news every week at the end of their show in the 'Bitcoin Blaster' section. Regarding bitcoin - Last Thursday's 21 Broadcast covered: The relationship between bitcoin price and difficulty
Has Bruce Wagner pulled off the biggest financial scam on the bitcoin community?
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Not exactly a press hit - but I haven't seen this mentioned on the forums anywhere: I'm not sure how open it is to attend - but it's interesting nonetheless Open Video Conference September 10-12, 2011 New York Law School http://openvideoconference.org/alternative-currencies-and-transaction-models/"In recent months, there has been huge progress in infrastructure for micropayments. With Bitcoin bursting in on the scene, and Flattr gaining momentum in micro-donations, it is easier than ever before to imagine a button in your browser that donates $1 to a YouTube video, attaches money to an e-mail, or gives $0.01 to every piece of journalism you read." "If you’re working in this space, or if you are a developer with either a) experience building applications around micropayments and payment APIs or b) Bitcoin or c) a solid understanding of cryptography and security, please be in touch. We need you to make this session work." |
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Bitcoin to make it into English language dictionaries? Judging by this link.. it's a possibility Source: "About Words - a blog from Cambridge Dictionaries Online" "New words – 5 September 2011" http://dictionaryblog.cambridge.org/2011/09/05/new-words-5-september-2011/"Bitcoin noun a virtual currency, used on the Internet The virtual currency Bitcoin will ‘bounce back’ after a hack attack caused its value to collapse, according to one of its senior developers. [www.bbc.co.uk 22 June 2011]" |
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Half joking... let's just call Bitcoin a religion! Then, not only will it not be a money and subservient to the arbitrary rules of monies, but it will in fact be tax deductible!
Maybe it's the vodka talking =)
You are a genius Guys, if we manage to create a religion that has bitcoin as a sacred thing, then every problem is solved. And creating religions is possible, even sci-fi authors created some of great success! I'm pretty sure considering the requirements for holding Bitcoins include blind faith and constant defending of your opinions, Bitcoin is already a religion, just much less profitable since our only prophet can't speak without a laptop in his lap. You dare imply BW was a prophet!? May all your private keys become public for suggesting such a thing! Satoshi is the one and only bitcoin prophet. |
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Taken from the documentation of the source:
Berkeley DB New BSD license with additional requirement that linked software must be free open source
If that's true - I think it's totally not within the spirit of a BSD style license. Oracle shouldn't use the term 'BSD License' if they want to put copyleft in there. |
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I think this would be a great step forward in network access - but I know here in Australia you'd run afoul of communications laws pretty quickly. As soon as you carry traffic from another entity to and from the internet (or any other unrelated party really) - you need a carrier license which involves large setup fees + other onerous conditions. (I know it was $10,000 just to apply years ago.. I expect it's still expensive) I think one of the primary reasons for the carrier license stuff is so that the government knows who to go to for interception requests. It'd be nice if all that cost,red-tape and snoop-facilitation could be bypassed - but to do it safely in this country you'd probably need to have all the traffic encrypted and fed to the rest of the internet via tor, i2p etc if you were one of the nodes that still maintained a connection with an ISP/backbone. Benefits/Motivation
No service providers – ChroudNet removes service providers like Comcast and Verizon from the equation – including all related cost and regulation.
I don't really see how you could get to that point. Surely it would have to run as a hybrid system where providers still run large interstate/international backbones. |
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So, why hasn't there been more interest or debate about this idea?
I think it's because handwaving and claims of secret sauces aren't enough to convince anyone you have a workable idea - and even if it is workable, your desire not to share your ideas fully goes somewhat against the grain of the open-source philosophy which most here would probably agree is ideal for a digital currency. Look at the way the SolidCoin dev behaved - we don't need big egos who think they know how to do everything alone. There's every chance that only a small portion of your ideas are useful, that others have similar ideas anyway, and that a pooling of ideas would come up with a better solution than one you attempt to tightly control. I suspect that an interesting challenger to Bitcoin could come from a mining-less system along the lines of that proposed by Ben Laurie in his July 2011 paper "An Efficient Distributed Currency" http://www.links.org/files/distributed-currency.pdfI expect this would be just as subject to speculation and hording though. |
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Just toss the SaladCoin. It tastes of ass and the mayonnaise is a lie.
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