For the last few months Yahoo Finance have been promoting a criminal investment scam.They present it as if it was a legit company, while it is not hard to see that this is a scam run by some serial fraudsters. Shame on you, Yahoo Finance!
The return on investment = +233% in one year compared to +100% for bitcoin. More on this topic. We see that the year 2016 was dominated by Ethereum. The year 2017 could be the year of Z.Cash.
Now we’ve covered why privacy is essential for widespread cryptocurrency adoption, and how stealth addresses can help assist the pseudonymity (stealth addresses defined and explained in Part 2, pseudonymity discussed in Part 1), it’s time to explain how to combine cryptography and Ethereum’s smart contract functionality to add another layer of obfuscation to public blockchains! …
Continue reading ‘Blockchain Privacy – Part 3: Ring Signature Mixes’ »
Privacy In Part 1 we covered why privacy is essential for widespread cryptocurrency adoption, and concluded that neither Bitcoin nor Ethereum, or even ZCash is suitable for the task we’re wanting to solve: anonymity with efficiency. (Also the bonus property of needing no trusted setup)! COOL THING 1: STEALTH ADDRESSES The benefits of using stealth …
Continue reading ‘Blockchain Privacy – Part 2: Stealth Addresses’ »
Today the first ever truly anonymous crypto currency ZEC went live. The full P2P client can be downloaded from here [Linux only for now]. The total number of ZEC coins will be only 21 million, like in bitcoin. Zerocash also reproduces few other unreasonable properties known from bitcoin: bizarre monetary policy with inelastic monetary supply and block halving every …
There is a considerable controversy around whether investing in a balanced basket of cryptocoins is a good idea. Two serious sources show that this sort of investment enjoys steady growth without a lot of downturns, cf. DLT10 Index and a recent detailed study which concentrates on a shorter period with excellent returns since Jan 2016 (cf. also …
Continue reading ‘Controversy Around Profitability of AltCoin Investment’ »
So how did the NSA backdoored the Internet or did they??? New ground-breaking paper shows that DSA and DH mod P keys with 1024 bits are vulnerable to practical backdoors which can be exploited to break our secure communications. Few highlights: For such trapdoored primes the DL problem can be solved in 2 months by an academic cluster. The …
Continue reading ‘How Many 1024-bit Primes Have Backdoors?’ »
There is currently a series of little pots of bitcoins available for hackers to take. A whole series with an increasing difficulty level, see here.
Tomorrow 20 July Ethereum are going to invalidate more than 50M$ worth of Ethereum stolen by some rogue hacker group. Congratulations to our community for this brave decision! Support for this decision must be shown by all honest citizens of crypto space by upgrading ASAP geth.exe and mist wallets to the new version, for example now, and …
Continue reading ‘Changing the Past of Ethereum – Not an Ordinary Divorce’ »
In a few minutes, cf. countdown, the amount of bitcoins attributed to each block mined will be divided by 2 in one single step. A rare event which happens once approximately every 4 years. This is an artificial shock which is tolerated by the bitcoin community in the name of misplaced ideology that whatever was decided …