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And to think that to top of all this AI surveillance they got going on, these guys are building a digital currency that can track all monetary transactions too. Privacy is pretty much over in there.
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As it seems to be money from a ponzi site anyway i don't mind so much. I wonder why they didn't have time to claim it. If it would be my money, i would follow every story about it that i could find. Maybe it was because of the language barrier. |
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There's no "next ETH" because Eth already exist. Challenging it at this point is pretty pointless as ETH has attracted all the best devs to it and it's doing pretty much what it's supposed to do. And when it's not there are always second layer solutions for it. Some new group with max 5 devs isn't going to challenge this by reinveting the wheel again, because it would need to attract enough ton new miners, enough developers and enough users to build big enough of infratructure to be a new standard. Most likely at some point there will be something completely new that goes to top 4 but that's because it will not have any previous competition. It will not be an "Eth killer" as it will be just solving something completely new that eth, btc or others haven't been designed for. |
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I haven't followed Nano's development at all, but NanoAuth seems like an interesting concept.
But i am not sure why i should use that instead of using a pseudonymous google account. I am pretty sure it's easier and i can even set up 2fa to protect it. And i can change the password or recover my account in cae of a hack. I am pretty sure all this gets way complicated if your private key gets stolen.
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I bought mine from a coinbase if i recall correctly and still keep buying more from time to time. I never understood why should i waste time on faucets, even if they would be a lot in the future, i can just buy way more and save a lot of time (that's also valuable).
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What is the point of blackmailing with the fees? I mean you can't really get the money yourself and if you keep this up how are they going to pay you as well? It is a method for sure but it is not really a great method, it is just a bad one. They probably had no other way to extort money from the exchanges so they did this one as last hope.
I am pretty sure exchanges would rather spend millions of dollars on improving and even stopping all action and getting all the blowback from this over paying up. How could they hope that exchanges will not do anything about it? What would be the end result of that? I am sure they will fix whatever the problem was and whatever allowed hackers to do this and move on with their life and since they make so much money as exchanges they will just cover the loss from their income.
Yeah, that was a strange theory, and ZenGo research is trying to debunk that. But what i find strange is that no one was coming out claiming that it would be their eth. Some sort of coin washing is starting to be more probable. https://decrypt.co/32570/crypto-researcher-rebuts-ethereum-fee-blackmail-theory |
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I had no idea, i will take a good look at it. Silly superficial me has disregarded this because i didn't like the name or the logo and i never even got past those. I am off to reading the whitepaper now. Thanks again for the link. |
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I've been focusing really hard not to link any of my crypto activity to real life id. I have handful of friends i talk with and compare different projects with, also i am helping out one friend who is new to this stuff. None of us usually talk about this with anyone in real life and i am so paranoid i don't even comment any crypto related news on facebook.
Naturally i mess this up from time to time if i get drunk and someone start to talk about cryptos. Drunk me thinks it's a good idea to join in. And paying my beer with wirex card is a hint too. I'll avoid talking how much i have and right now i don't have too much, but i know from the past that can change very much and next bull run people will do the math.
Maybe i'll just say i have lost mine.
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But how can hackers get that money? As far as I know, the fees will be transferred to the miners. And if the truth is what you say, this is a very bad in this market Did you read the article at all? According to this theory hackers are not getting the money, it's just blackmailing. Honestly i think that there's more into this and i can't see this theory itself affecting the market. |
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I have updated this link to the first post 2 days ago. However, this is just another theory, and while it's a good theory, it's still just speculation. We might never hear what has really happened behind the curtains unless the owner comes forward, and i find that unlikely. |
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so forcing all races to mix into a single brown hairless race is not an authoritarian and violent form of dealing with the race issue?
its not neutral either.
I can't even start to begin to describe how strange that sentence is. Who is forcing you to do what exactly? Because that just sounds like a weird breeding fantasy. And what are you talking about not being neutral? Who would want neutral society that wouldn't force laws? Governemt has to take a stand, otherwise what's the point of government? If you are disagreeing with the laws they are forcing, it's your right you say so. If you want laws to change, next time vote differently. |
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Set sell orders high and forget them. Who knows, someone might want to pump those dead projects on some bull run. Wouldn't be the first time. But just looking at the price and waiting for it to rise doesn't do any good for you.
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I don't quite understand why they're even mentioning Bitcoin if what they use is, if I understood correctly, just Blockchain but not for currency purposes. There've been minor projects offering something like this, and now one of them is becoming big because of collaboration with Microsoft.
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When we are talking about securing IDs, we need the safest blockchain that exist, and that's Bitcoin. Creating their own blockchain with own incentives and enough miners would be either clumsy, expensive, unreliable or centralized and borderline illegal, and would probably defeat the purpose of why to use blockchain at all. With Bitcoin, miners are already in place and any upkeep of the security takes care of itself. |
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I am pretty sure that travel rule will cause some serious problems. And how exactly would they deal with coins with the unclear or suspicious origin? Just freeze them? Or flag them as not legal, to be used ever again? |
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TL;DR.
I am just responding based on the subject of this thread. I guess that pretty much sums up everything there is in the OP.
Anyway, there will be 21,000,000 in BTC in totality. Right now, there are around 18,400,831 BTC in circulation. In every Bitcoin, there are 1,000 milliBitcoins (mBTC). If that is not enough, there are also 1,000,000 microBitcoins (μBTC) per Bitcoin. And if scarcity is still a problem with those figures, there are 100,000,000 Satoshis in every single Bitcoin.
Try to multiply 18,400,831 (current circulating BTC supply) with 100,000,000 (Satoshis per BTC). That is what we have right now. I don't know how much that is; my calculator here cannot even tell. Now, tell me, are we having scarce supply?
And then there's the possibility that we could technically add more then those 8 decimals that come after without touching the original scarcity of 21M. We could just divide it to smaller and smaller adding zeros below that satoshi. |
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since i am a child i was terrorised by state media towards the term "racism" and i never understood it. and i will never understand it.
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I can see that, maybe start by looking up the definition from the dictionary because what ever this "leftist racism" you are describing there is, it doesn't sound like racism. I really thought you would at least talk about what races left supposedly discriminates, but just being all-inclusive isn't racism. edit:typo |
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Still unusual why he would use this system.
Technically he could spend $100k or so to build a mining operation so that he could mine the block himself and confirm his own transaction.
But instead, he seems to have partnered with Sparkpool, which might try to take at least half of the money. Because of this, we can only assume that the person either works directly with SparkPool to somehow get away with the majority of the money, or that he is taking advantage of the way SparkPool distributes the rewards to users.
He could have simply used one of the many ethereum mixers out there or converted and mined it as Monero. Both options would have been far cheaper.
Something suspect is afoot.
Vitalik seems to think that this was an accident. But i guess he wants to think that because any other suspicious activity doesn't make eth look very good for the public eye. I wonder what he thinks about that other accident that happened right after this from the same address. |
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Well, that's strange and I still don't buy the idea that the said transaction was done by mistake. It could be a form of money laundering and I think that transaction has to be thoroughly checked and accessed to see if this was done by mistake or some hackers trying to do some shady businesses. So far, SparkPool where the transaction emanated from has frozen the funds and investigation is underway.
After reading the reddit chatter about this and people in here, i am starting to agree that this wasn't an accident: https://www.reddit.com/r/CryptoCurrency/comments/h08slg/what_the_hell_is_this_why_would_someone_pay_25/It's just more plausible theory then someone accidentally making an error this big with long transaction history. I am all for Occam's razor in this. |
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Sparkpool is on the case and promising a solution. That's pretty decent of them i think.  I am betting that most of people would had taken the money and run when it's wouldn't be even illegal to do that. |
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That must have made their day.
?
