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ICOs are doomed to fail. The capital once allocated does not incentivise the team to continue working on a product. As they literally already cashed out on the project the moment the ICO closes. I think this is also the reason why 99.9% of ICOs are under water these days. People have lost billions.
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I code crypto. My main usage is preservation of wealth, ease of transaction and the immutability of my private property. More privacy protection is to be wished for, and something I am working on as well at the moment.
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You can most certainly do arbitrage trading manually! The easiest way is via OTC (over the counter direct deals) and a fiat gate way exchange.  |
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So it basically wants to re-download the whole chain after you shut it down and start again? Odd I have never observed that issue. Which OS are you exactly running?
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A compromised computer producing not truly random numbers is unlikely to produce a collusion after two 'random' events. They will rather produce random numbers in a smaller space. The output will appear random without testing, but someone with knowledge of the specific space numbers will be generated will be able to generate a collusion with fairly low effort.
The movement of the mouse is intended to counter the above risk in adding user specific random to create a larger space of possible private keys even if the computer's random function is compromised.
If computer/OS random function (such as /dev/random) is compromised, then that means your computer most likely is compromised as well since you need superuser access to compromise it. <> Besides, good entropy won't help if the output is biased. Using your mouse for additional 'randomness' will only help against a narrow subset of possible attacks, but one that is difficult to detect. This might help you if you are using an 'offline' computer to generate private keys that has previously been exposed to the internet, but that will not be connected to the internet in the future. An attacker may anticipate this and mess with the /dev/random function and nothing else. I understand this private key generation will take both the output from the /dev/random and the mouse movements converted into a number, and display a private key based on both. So if the /dev/random produces the same output two times, the difference in mouse movements will cause the software to produce two private keys. The duration of mouse movements play a huge role as well. It gets exponentially more secure the longer you move your mouse around. every movement of the mouse so to say makes its predictability increasingly more difficult. So even if you move the mouse in a predictable manner for 10 seconds, if you move it in a non-standard way for 1 additional movement it becomes practically impossible to predict. Now do this for 30 seconds and you see where this is going. I don't have the math for this at hand right now, but it is simple statistics. |
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Bitcoin comes close to being a miracle that is happened. It is also the first ever software which can't be shut down once it got released and executed, think about that.
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Very deranged, you do realise what was the catalyst for people to vote leave? EU is turning into a socialist dystopia, all inclusive the gradual erosion of your freedoms which wars where fought over. Show some respect to our ancestors who gave their lives for the little freedom we have left today and stop spitting on their graves.
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I am pleasantly surprised by the developments in crypto adoption. We are slowly closing the economic loop. Next up, pay your rent in crypto. Then salary, gas and taxes.
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I'd suggest you use legacy addresses for long term storage and mind to short term use, go with segwit.
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There is a lot of work that needs to be done around the area of private key management. If you are not on top of the game in terms of it security, like multiple encrypted backups, strong passwords and multiple steps of verification, you soon see that we are far away from your average person being comfortable holding significant amounts in crypto currencies. Its not like keeping cash in a vault, but thats where we'll need to go, figuratively speaking.
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Very nice work, thank you for sharing!
Mixers are becoming increasingly more popular these days... Geehh I wonder why.
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Craig is a fraud. Its that simple. One of crypto's greatest advantages is that you can easily prove who you are by sining a message with your private key. And if that private key has been associated with SN, then that would end the discussion right there. Very easy, yet Craig hasn't done so as of yet, not even when asked to do so in front of court.
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I can add a little to this... we sold the domain name about a month ago out of our crypto portfolio at MinerBrand.com but we sold it on Afternic and have no idea who the buyer is and we never dealt directly with him/her. Any prior domain history you see is ours and doesn't reflect the buyer's identity. I've seen various posts on other websites and Twitter hinting that the name was not transferred and that the owner since 2017 is the same person who created the site. That's not true. It was transferred last month (actually I think it was just pushed to another GoDaddy account) but Afternic handled the whole transfer and we have no clue who bought it.
Thanks for sharing, guess we'll know more in about 3 days. What are you guys guessing? Just a marketing stunt? |
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They stand no chance. Tried to ban Alcohol, didn't work, imagine banning a digital good this time.
More and more privacy oriented features are being built to protect from exactly this kind of hostile behaviour.
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The majority is wrong in a majority of time. |
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Very interesting to see bitcoin seeping into mainstream music.
Culture usually shifts on the heels of music. This might be how it reaches the masses.
Could very well catch on, as trends like this can spread like a virus across the rap industry and literally reach millions.
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I wonder if raspberry PI still handles bitcoin nodes. There are a couple projects out there doing just that. Should do it, just need proper storage. I don't think it matters too much what node you end up running, as long as it keeps supporting the latest official updates and releases.
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Don't get distracted by short term price speculation. The most important metric is volatility.
You'll see a direct correlation between volatility and adoption. The lower the volatility the further along we are on the adoption curve.
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No doubt it would have created a clean fork, chain split in two. Between the two camps, the immutable absolutist and the naive realists.
Exactly how it unfolded for ETH and ETC. They must have forgotten the damage that fork caused to ETH. They lost a good chunk of the community there and gave up a core philosophy.
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I think this could be useful if you combine it with a reputation system.
Much how ebay works, you only risk low value transaction with people who have a low reputation score.
There are a few projects out there working on a system like this.
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