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3rd option... Never touching it!
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From IRC #cryptorush:
LATEST NEWS 2-18-15.1945GMT: Someone exploited an ability to gain 2x what they withdrew. Already patched. Looking into fund replacement.
More funds stolen? |
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TopCoin trading @Comkort is disabled.
The posted messages: " Last block for TOP wallet has been seen 1 day and 13 hours ago. All operations for TOP disabled untill new block will be found."
Hopefully, they are in the process of upgrade to V3 and doing coin swap. It was still V2 wallet and Address for TOP there.
Have they been contacted to make the swap? |
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Let's see what comes out of this. In my opinion they're not as strong as Trezor, maybe this new capital will make them improve their product!
From what I understand the cryptographic process Ledger uses is based on an industry standard which is stronger than Trezor based on a series of proofs. Also the random function generator on the chip is much closer to true random compared to Trezor's. This is according to a very informative presentation I watched at the London Bitcoin Expo 2015 in January 25th at 1pm by Dr Nicholas Courtois. reading up more on this has been on my to do list. If any one has any pointers to Dr Nicholas Courtois papers etc I'd be grateful. He seemed like a true scientist as a lot of people in the room did not like what he was saying. I see... Thank you for the information  There are many people who only believe in Trezor, so probably Dr Nicholas Courtois research is very valuable. I thought trezor was a bit more secure, as it is a "standalone device", so to say... Maybe I'm wrong |
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Let's see if folks help us keeping it up |
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Bitcoin shouldn't be legal or illegal. Governments tend to put labels on Bitcoin, because it suits them and because they want to control it. If Bitcoin is suddenly legal pretty much nothing would change. If Bitcoin is suddenly illegal, people will start using it clandestinely, via obscure channels... I'm not sure if legalizing is entirely positive, as governments tend to make laws that do not benefit normal citizens in terms of using Bitcoin. But branding it as illegal would be quite bad, as it would stop merchants from accepting it. So there you have it, better not touch Bitcoin and let it live as it is  |
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BTER is back now. I see no message regarding it on the site. What happens , when people log in to the site. Can they withdraw their funds ?
As they said on their twitter feed, they're working on withdrawals, starting with CNY, USD and NXT https://twitter.com/btercom/status/568944687257530368Thanks, Yeah saw their tweet right after posting this. Best to get your coins out of there Yep, whoever has funds there, take them out ASAP... a bit off-topic question: did Mintpal repay all their customer's fund ?
No, not all. Only the funds that were avaliable to V1 were possible to refund. |
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Some people in Bitcoin are arguing that everything (or most things) should be decentralized. I firmly disagree with them, and here's why:
1. There's only a limited amount of world-class programmers - if they are working on 1000 different projects it's very likely that 950 of these projects won't be used by more than just a few people - effectively wasting a lot of time that could be used to make a huge project.
2. Usability: Most projects that are trying to "decentralize" are not user-friendly at all. Companies however are building very user-friendly software and manage to actually attract a lot of users (see: coinbase.com)
There are certainly a few cool projects that are decentralized, but most of them will probably remain to be unknown by the general public.
Comments?
I think the question is: (Why) Should everything be centralized? Decentralization gives dev's the opportunity to work in whatever they want, and donate their time accordingly... As for usability, Internet wasn't suable a few years back. Look at it now... A change takes time. And to see if the change is worth it, we must kill that time by making the change happen. Only in the end, when we see the results, we can see if it was worth it. I think it will be, in the long run. |
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v0.5 is now live in the app store
new features:
- touch id
- lower bitcoin network fees
- faster syncing
- background network fetching
- receive badge notifications
- many refinements and minor bug fixes
Didn't realize you had a topic for your wallet here. I've been using almost since launch, your app is amazing, and probably the best iOS Bitcoin wallet, and you just made it epic with this new update! Thank you and keep it up |
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BTER is back now. I see no message regarding it on the site. What happens , when people log in to the site. Can they withdraw their funds ?
As they said on their twitter feed, they're working on withdrawals, starting with CNY, USD and NXT https://twitter.com/btercom/status/568944687257530368 |
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Most probably no buyers. And that cold storage... Looks like the ice on that storage has been melting, not that cold after all.
Also, they apparently started allowing CNY, USD and NXT withdrawals, let's see how this goes.
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Appling the same logic as OP... One could ask if fiat is a way to hack, lol
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Folks giving away money, again (or fake stats haha) |
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Looks nice... Waiting for new bonuses to try it out |
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Perhaps this will usher in a new form of taxation where taxes are only paid by those who support the projects/governments for which those taxes are earmarked. Perhaps "taxation" will become a type of pay-as-you-go system and will be more focused on results instead of promises. Who knows?
This, right here... Otherwise there is pretty much no point in taxation, especially on Bitcoin (as for fiat, we all know they do whatever they please) |
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Many attacks to exchanges almost in the same period of time, and now gambling sites... Something is happening, someone is targeting Bitcoin services. Maybe a group or something... Don't want to sound paranoid, but there are too many coincidences, lol
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How much are you expecting for it? Where are you shipping from?
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Let's see what comes out of this. In my opinion they're not as strong as Trezor, maybe this new capital will make them improve their product!
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