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1  Alternate cryptocurrencies / Altcoin Discussion / Malleability attack -BCH- on: August 06, 2017, 06:39:30 PM
ViaBTC,  creator of Bitcoin Cash, temporarily suspended the withdrawals of its lever by a suffering that a malleability attack of the transactions.

This occurs because Bitcoin's replicated code has a vulnerability that allows the transactions to be modified by a third party, which may be a node that retransmits the transaction or a miner that includes the transaction in a block with which it alters the transaction identifier. The result is that transactions that have been affected by the malleability attack can not be verified at the time of the transaction, but does not imply that a double expense will be incurred.
It is an alteration in the hash of a transaction without private firms becoming involved in the knowledge of the alteration. In principle, user funds remain safe and can be received by the recipient, although normally under these circumstances the confirmation times are greatly extended.

The malleability attack that ViaBTC confirmed through its Twitter account could not represent a risk for the integration of client funds, but could be a warning related to the position assumed by the group to the problems of scalability of the Bitcoin red.
2  Alternate cryptocurrencies / Altcoin Discussion / Bilur crpytocurrency oil on: August 05, 2017, 01:11:48 PM
The slow recovery from the financial crisis that took place in 2008 in the US and the fiscal voracity of governments, cleared the path for the boom of cryptocurrencies. Standing out from the overwhelming amount of cryptocurrencies, appears bilur, a cryptocurrency with a unique value proposition.

Since 1971, when president Nixon abandoned the gold standard, the world has been operating with a money system called fiat. Which is based on the trust of the community and the promise of payment by the money-issuing entity. Fiat money is nothing more than a fiscal certificate; without it, it would have no value whatsoever. This system, in which banks create money through loans, tends to cause inflation, financial bubbles and  government debts that are impossible to pay.

Several crisis took place worldwide. As an alternative to the collapsed system, in 2009, bitcoin was born. Together with the rest of the cryptocurrencies born thereafter, it represents the rejection towards the manipulation of fiat currencies in the hands of governments and central banks.

Cryptocurrencies rely on blockchain, a technology that allows information to be decentralized, as a consequence, the power is shared by all the users of the system, in a way that none of them can exert it unilaterally. This implies a paradigm swift, information belongs to everyone and power to no one.

In line with the concept of information decentralization, one of blockchain’s main principles is Distributed Ledger Technology (DLT), this means that there no longer is a unique document, held by a sole agent (bank, government, etc.), where all transactions are booked, but a copy of the document for each user; each user keeps a copy of the ledger. This brings significant advantages: with a central agent no longer being necessary, the system gets more transparency and becomes fairer. Additionally, transactions are executed faster, costs are reduced and security is largely improved since there no longer is one central document subject to manipulation, but as many copies as users in the system.

One of the main issues preventing cryptocurrency mass adoption is the price volatility. All of the main cryptocurrencies have experienced huge price swings, which can cause mistrust between users and investors. And that is where bilur stands out thanks to its unique value proposition.

Bilur is backed up by energy commodities, which means that its price is based on stored physical energy and not mere speculation. One bilur equals one ton of oil equivalent (around 6.5 barrels). It is traded through the bilurmarket platform and it has no transaction fees, just a minimal maintenance cost.

Bilur was created as an alternative for users who are suspicious of the large price fluctuations of cyrptocurrencies and also for small investors who up to now could not access the energy market. To illustrate bilur’s possibilities, users who bought bilur on May 9th, took advantage of the oil price increase and sold on May 17th at an 8% profit!
3  Alternate cryptocurrencies / Altcoin Discussion / Exchange that support Bitcoin Cash on: August 04, 2017, 05:57:41 PM
What many feared, but which in fact has not represented a trauma for Bitcoin so far, occurred: the forced
bifurcation and subsequent creation of Bitcoin Cash.

This new cryptoactive, considered as an alternative currency change, appears to fulfill
the purposes of an important group of companies, led by ViaBTC, that do not agree with
 other proposals like SegWit and SegWit2x, that the rest of the ecosystem clothes
like solutions to The scalability of the red Bitcoin.


Prior to hardfork, ViaBTC, a China-based mining company, enabled the purchase of
Bitcoin Cash (BCH) and Chinese yuan (CNY), making the future call of the
 criptomoneda at 900 dollars, although today it had a strong correction.
 Low, trading at $ 380 dollars. Also, it implemented a ratio of 1 to 1 between BCH and bitcoin (BTC),
something that was criticized but that was assumed by the exchange houses and portfolios that
 decided to take the same measure for the moment in which the forced bifurcation was realized, Allowing yours
to use their private passwords from bitcoin portfolios to claim their BCH. In the case of exchange
 houses and centralized trading platforms, the process was simpler in that the organizations that own
 the private keys of their clients' portfolios, the way in which the BCH were awarded to each without Major drawbacks.

In the United States, the country that bitcoin trading volume is quite high a global level, only the top five exchange houses and trading platforms of the country accept BCH. Bitfinex and Kraken approve the new cryptoactive, while Bitstamp, GDAX and Gemini have no plans to list a BCH. In Europe, HitBTC enabled the exchange between BCH and other cryptoactives such as BTC and ETH, even before the aforementioned bifurcation.

In the case of China, all the exchange houses decided to adopt Bitcoin money, starting with the main ones: OkCoin, Huobi and BTCC. Continuing on the Asian continent, Bithumb, responsible for 57% of total transactions in bitcoin in South Korea, like Korbit, supported Bitcoin money, only if this becomes an attractive currency for its customers; So do not be in a special treatment for this cryptoactive by getting rid of the original Bitcoin network.

Here is a list of companies that support the purchase and sale of Bitcoin Cash (BCH):
Bitfinex
Bitflyer
Bithumb
Bittrex
BTCC
Changelly
Cryptopia
Gemini
HitBTC
Huobi
Korbit
Kraken
Ledger Nano S
Trezor
Jaxx
Coinomi
Unlimited Bitcoin
Bitcoin Classic
BitcoinABC
Freewallet
Exchanges
Bitcoins Norway
Mercury in cash
QuadrigaCX
BTCBox
QuoineEX
Walltime
Lykke
Coinspot
4  Alternate cryptocurrencies / Altcoin Discussion / Bitcoin Cash on: August 02, 2017, 08:33:55 AM
A lot of people were doubting whether or not the Bitcoin Cash launch would be successful or not. After all, a fork of an existing blockchain is always cause for some concern. So far, none of these expected problems have occurred so far, even though the fork may have happened a bit earlier than originally anticipated. It seems all timers keeping track of this development were off a bit, but it did not impact either blockchain in a negative manner whatsoever.
5  Other / Off-topic / AERIS MALWARE on: July 31, 2017, 04:11:48 PM
AERIS MALWARE LIKES TO INFILTRATE LINUX SERVERS AND SYSTEMS

Even though most technology experts consider Linux to be the most secure operating system, that is not entirely accurate. Over the past few months, we have seen multiple malware types targetting the Linux OS, either to install cryptocurrency mining software or to exfiltrate important data. Never one to sit on the sidelines, the CIA has built its own set of tools to infiltrate Linux servers around the world. One of these is Aeris, a disruptive type of malware capable of affecting popular Linux distros.

Aeris can infiltrate systems running Debian Linux 7, Red Hat Enterprise Linux 6, Solaris 11, FreeBSD 8 and seniors 5.3 and 5.7. That is a large list, considering that a lot of those Linux flavors are very common. Aeris can successfully infiltrate all of these systems and does its work unabated. Its tools include a way to snoop on encrypted communication, hook into SMTP communication, and exfiltrate files automatically.
6  Bitcoin / Development & Technical Discussion / Panic 31-J on: July 29, 2017, 09:57:19 AM
on July 12, the community of Bitcoin.org issued a statement on its page informing about the possible hardfork of Bitcoin on July 31 of this year (Jul 31 2017 20:00: 00 GMT-0400) and its implications: a portion of the Bitcoin nodes will run software that will be incompatible with the other portion, resulting in confirmations in the Bitcoin network becoming "unreliable" indefinitely. Which means that any amount of bitcoins that are received or sent just after or during the event may disappear later from the digital portfolio, or become a kind of bitcoin that other people or businesses will not accept as payment.

What do you think ?
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