New Business Strives To Make Bitcoin Mining Easier ...

Re-Launching The Borderless, Unkillable Crypto-Fiat Gateway, DAIHard. Enter or Exit Crypto via Any Fiat and Any Payment Method, Anywhere in the World, Without KYC. All you need is a little Dai.

Some of you might recall recall our initial facepalm failed launch about 3 months ago (post-mortem here). Well, we're back--this time with an audit and some new features. This version of DAIHard should should die a little harder this time ;)

The Audit

After shopping around a bit in the auditor space, we decided to go with Adam Dossa--the very same Adam Dossa that actually found our launch vulnerability and responsibly disclosed it to us! You can see his report here. By the way, Adam has been a gem: friendly, professional, timely, and flexible. Definitely keep him in mind if you need an audit!

(Re)Introducing DAIHard

Following is an updated version of our original launch post. If you've already read that, you might want to skip to the heading What's New in v0.9.2. Or you can go straight to the app or go to our info site for more info!
Here is a legitimate concern most of us are familiar with:
To enter or exit the crypto economy, we rely on centralized exchanges such as Coinbase, which track their users, impose limits, and are tightly coupled to their jurisdiction and its banking system. And for all we know, any day now regulations could start tightening these controls further (*we've actually seen some of this play out in the two months since our first launch post). In light of this, can we say in any meaningful sense that crypto is anonymous, limtiless, borderless, immune to regulation, and (most importantly) unstoppable?
To really address this concern, we need a completely decentralized gateway between fiat and crypto: something that extends the benefits of crypto to the very act of moving between the old and new economies. But the design of such a platform is far from obvious.
(Localethereum comes close, but as discussed under Unkillable, it doesn't quite cut it. And Bisq is decentralized, but has significant UX hurdles.)
We believe we've found a solution. We are proud to present:

DAIHard v0.9.2 - Almost Definitely Not Broken This Time

If you want to jump right in, we recommend first watching our latest usage demo (7 min), then diving in and giving it a shot with a small amount of Dai. (Try it on Kovan first if mainnet is too scary!)
DAIHard extends many of the promises of crypto (borderless, anonymous, limitless, unstoppable) into the exchange mechanism itself, allowing anyone, anywhere to bypass centralized exchanges and the control they impose.
More concretely, DAIHard is a platform, run on smart contracts, for forming one-off crypto/fiat exchanges with other users, in which:
Again, our latest usage demo (7 min) shows this process in action.

Two drawbacks

You Need either xDai, or both Dai and Ether, to Use The Tool (At Least For Now)

If you want to buy Dai on DAIHard, you must already have Dai--1/3 of the amount you want to purchase--to put up as a burnable deposit. For example, if you only have 10 Dai now, you can only commit to buying 30 Dai, and must complete that trade before using the newly bought Dai to open up a bigger offer (for up to 120 Dai that time).
Most tragically of course, this means that if you don't already have some crypto, you can't use this tool to get crypto--this is why we avoid calling DAIHard an onramp specifically. This comes from the fact that both parties must have "skin in the game" for the game theory to work, and a smart contract can only threaten to burn crypto.
We have some ideas on how to address this drawback in the not-too-distant future, which we'll write about soon. For now it's time to launch this thing and get some users!

Dangerous and Scary To Use

In rare cases, a user may have to burn Dai and face a loss on the entire trade amount. The necessity of this ever-present risk is explained in detail in DAIHard Game Theory.
However, a cautious, rational user can gather information (possibly via our [subreddit](daihard)!) about how people have used the tool, successfully and unsuccessfully. They can then create a buy or sell offer with wisely chosen settings based on what has worked for others. Other cautious, rational users can find this offer and commit to the trade if they dare. We expect the vast majority of committed trades should involve rational, cautious users, and should therefore resolve happily.
Still, inevitably there will be sloppy trades that result in burns. As the tool is used, we'll be keeping a close eye on the frequency of burns and keeping you guys updated (perhaps via a "System Status" utility similar to the one found on MakerDao's explorer). In the end, though, we expect the risk in using DAIHard to be comparable to the risk of using any exchange or DNM: ever-present but low enough for the platform to be useful as whole.
So, while DAIHard will never shut down and can't perform an exit scam, the bad news is it's not risk-free. Users will have to approach DAIhard with the same level of caution they would with any new exchange (albeit for different reasons and with a different approach).
So what's the good news?

The Good News

While these drawbacks are significant, they enable some remarkable features that no other crypto/fiat exchange mechanism can boast.


(Correction: Bisq seems to have a decentralized arbitration system)
We are aware of no other crypto/fiat exchange platform that is truly unkillable. Bisq and localethereum comes close, but both localethereum relies on centralized processes of arbitration. This means their fraud-and-scam-prevention system can be sued, jailed, or otherwise harrassed--and if that part stops working, it doesn't matter how decentralized the rest of the system was.
DAIHard, in contrast, gives the users the power to police and punish each other, via the aforementioned credible threat of burn. This is simple game theory, and the rules of this game are etched permanently into the DAIHard Factory and Trade contract code: impervious to litigation, regulation, and political pressure.
This Factory contract has no owner and no suicide or pause code. It cannot be stopped by us or anyone else.
Like Toastycoin, this thing was immortal the moment it was deployed (even more immortal than RadarRelay, for example, which does rely on an ownership role). Both DAIHard and Toastycoin (and probably whatever we build next) will last for as long as a single Ethereum node continues mining, and it will remain easy to use as long as someone can find the HTML/JS front-end and a web3 wallet.
(The HTML/JS front-end (built in Elm, by the way, with the lovely elm-ethereum!) is currently hosted on Github pages, which is centralized--but even if Github takes down the page and deletes the code, it's a minor step to get the page hosted on IPFS, something that is on our near-term roadmap in any case)

No KYC, No Limits

It's smart contracts all the way down, so DAIHard never asks any nosy questions--if you have Metamask or some other web3 wallet installed and set up, with some ETH and Dai (or just xDai), you can immediately open or commit to a trade. You don't even need a username!
(In fact, we're so inclusive, even machines are allowed--no CAPTCHA here!)
You're limited only by the collateral you put up, so if you have 10,000 Dai you could open up a buy offer for 30,000 Dai (or a sell offer for 10,000 Dai) right now.
We do reccommend trying the tool out first with a small amount of Dai... But we're not your mom! Do what you want!


It simply doesn't matter where you are, because DAIHard doesn't need to interface with any particular jurisdiction or payment system to work. DIAHard works by incentivizing people (or robots?) to navigate the particular real-world hurdles of bank transfers, cash drops, or other fiat transfer methods. These incentives work whether you're in America, Zimbabwe, or the Atlantic; they work whether the fiat is USD, EUR, ZAR, seashells, or Rai Stones; and they work whether your counterparty is a human, an organization, a script, or a particularly intelligent dog with Internet access.

Any Fiat Type, and Highly Customizeable

Here are some examples of the types of trades you might create or find on DAIHard.
As the DAIHard community grows, users will doubtless find much more creative ways to use the system, and we will discover together which types of trades are reliable and which are more risky. Because users can set their own prices and phase timeout settings, we expect the risky trades to charge a premium or have longer time windows, while the reliable ones rapidly multiply at close to a 1:1 price ratio, with quick turnaround times.

Extensible (with profit) by Third Parties

Not satisfied with our interface? Do you have some nifty idea for how to display and organize user reputation? Or maybe some idea for how trades could be chained togeher? Maybe you'd like to design a notification system for DAIHard? Maybe you just want a different color scheme!
Well, you won't need our permission to do any of this. Any tool that watches the same Factory contract will share the pool of trades, regardless of which tool actually creates the trade. This means we don't even have to fight over network effects!
And if you look closely at our fee structure, you might notice that only half of the 1% DAIHard fee is "hardcoded" into the Factory contract. The other half is set and charged by our interface. What does this mean for you? If you go out and make a better interface, you can essentially replace half of our 1% fee with your own fee--it's up to you whether it's smaller or larger than the replaced 0.5%.
The reason for this is to explicitly welcome other developers to extend what we've built. For as long as our team is the only one improving the platform, a threat to us is a threat to future upgrades. But if others begin extending the DAIHard platform too, then DAIHard will not only be unstoppable as it is today, but also grow unstoppably.

(For Real This Time) This Is a Big Fucking Deal

DAIHard is a turning point in crypto and a breakthrough in decentralized markets, and is an irreversible augmentation of the Ethereum platform.
What we've built is a gateway to crypto completely devoid of centralized components--rendering entry and exit to crypto unkillable, flexible, borderless, and private. Centralized exchanges, and the control they impose, can now be bypassed by anyone with Dai and a web3 wallet.

What's New in v0.9.2

There have been many changes made since our first failed launch, but there are two rather important ones: xDai support and reputation tools.

xDai support

DAIHard is now operational on xDai, a sidechain whose native token (xDai) is pegged to the Dai (and therefore $1). Add the xDai network to your Metamask (or just install Nifty Wallet), then switch to the xDai network in your wallet, to try it out. xDai has some pretty incredible benefits, compared to vanilla Ethereum:

Reputation tools

We now have a few reputation tools. First, on any open trade, there is a widget showing the number of releases, aborts, and burns the given address has been involved in as that role (buyer or seller). Clicking on this expands the widget to show more detailed information, and also provides a link to a page that lists each trade this user has been or is involved in.

What's next?

We have tons of ideas on how to improve the product--too many, in fact, to commit to any before we get a good chunk of user feedback. Here are some of our favorite ideas:

Near-Term, Smaller Features

  1. Lots of usability improvements.
  2. A "System Status" utility similar to the one found on MakerDao's explorer).
  3. Marketplace / My Trades rework.
  4. A "QuickTrade" page, offering Trade Templates as an alternative to the current Create Offer page.

Big Exciting Features

  1. Bootstrapping people with no DAI via other mechanisms and community outreach.
  2. Partial commits to trades. eg. Place a 10,000 DAI trade and allow it to be picked up in blocks larger than 500 DAI at a time.
  3. More chains, get this thing working on Bitcoin via Rootstock, on Ethereum Classic and Binance Chain.

Stay Informed!

A lot of the above features will be prioritized more clearly as we get user feedback, and we will be posting fairly frequent updates and articles on our info site. If you don't want to miss anything, note the subscribe widget and sign up!
submitted by coinop-logan to ethereum [link] [comments]

My theory: There was collusion, but Trump ripped off Russia in the deal and has us in a more serious situation than we think. A timeline.

I’m not usually a conspiracy theorist, but it all fit together too well to ignore. Feel free to poke holes in this, I’d like to be proven wrong.
The cold war never ended, it just moved online.
1991 - The cold war is declared over and the internet rises at a lightning pace. Much like the space program had before it. A cyberspace race. By nature of being the bulk of its inventors, the US is untouchable in cyber espionage. The NSA stockpiles all of the malicious code and secret vulnerabilities they can gather and rather than alert the world to them and help create fixes, they leave them active and turn them into tools for their agents to use against foreign powers. Eventually they also turn their attention inward and start using that software against their own people in a surveillance and manipulation program that dwarfs what the KGB had just been destroyed for doing.
2009 - Edward Snowden discovers the NSA running these programs and is outraged by the violation of rights and hypocrisy. He begins complaining in an attempt to get the system shut down and have our dirty little secret ended without national embarrassment. “I had raised these complaints not just officially in writing through email, but to my supervisors, to my colleagues, in more than one office. I did it in Fort Meade. I did it in Hawaii. And many, many of these individuals were shocked by these programs. They had never seen them themselves. And the ones who had, went, "You know, you're right. ... But if you say something about this, they're going to destroy you".
March 2011 – It’s discovered that the US military is developing software to create, spread and control social media sock puppet armies. They promise it’s to use against foreign enemies, we’re told that it’s illegal for them to use against US citizens.
March 2013 - James Clapper blatantly lies to congress and denies the existence of the domestic surveillance program entirely. Snowden says this moment is when he realizes his hope is futile and May 2013 he begins releasing evidence of the collected data to expose the program and force it to stop, then waits out the storm in Hong Kong.
I believe Snowden had an insurance policy. Along with the surveillance data that he had planned to release, he stole an NSA toolkit that would not be released. A drive full of the nastiest bugs and backdoors the NSA could invent that would be released to the public in the event of his death. The US government wouldn’t dare risk it.
July 2013 – The public outrage over what’s been exposed should be astounding…but it’s not. It seems like no one cares. And at this point the NSA knows the toolkit has been stolen, it could destroy us. Desperate times call for desperate measures. The anti-propaganda law is repealed, freeing the US government to use propaganda against its own people. Those sock puppet armies are turned against us and it’s made to look like the majority of the US public doesn’t care about surveillance. Even South Park runs an episode in September mocking people’s indifference to the NSA.
A massive domestic spy program is uncovered and they get away with it. Snowden isn’t a national hero, no one cares and in mid June 2013 the US files charges against him. He took a shot at the king and missed. The US rescinds his passport and demands Hong Kong extradite him. He’ll use his stolen toolkit to avoid a death penalty.
Russia would have suspected Snowden had this insurance policy. They tell him to spite America, they’ll arrange a flight for him from Hong Kong to Ecuador despite his lack of passport, with just a short layover in Russia. The layover becomes permanent when they refuse to finish the flight due to that lack of passport. Russia tells him he now has a choice, hand over the toolkit or you’ll be killed here and your country won’t care. Russia doesn’t care if his death triggers the release, it’s their intention to do that anyway. He holds out for 39 days in the airport but on August 1st 2013 he caves, is given asylum in Russia and Russia is discretely given the master keys to the internet.
The NSA is in an impossible position. They should alert the world that their monster has escaped its cage and help us secure our systems from it. But to do that would be to admit an indefensible extent of surveillance and now manipulation they themselves had carried out for years. The people would overthrow them immediately. In addition, every vulnerability they fix removes it from Russia’s arsenal but also from their own. I suspect they were using some of those vulnerabilities to sabotage the North Korean missile and Iranian nuclear programs. To fix them now would be to let those programs progress unhindered. I suspect this sort of catch-22 is how the Obama administration originally justified the surveillance to itself. And so the US does nothing.
Russia now has almost unfettered access on the internet, a backdoor on every computer manufactured before that date. I believe their Kompromat program became limitless. I believe they gathered every secret that existed to be found, on every member of our government and corporate world and what couldn’t be found could be planted. I’ll reference this again on *April 8 2016. *
February 2014 - Emboldened by our silence Russia moves to take Crimea 6 months later. We do not stay silent.
March 2014 - Obama uses Crimea as a cover to impose crippling sanctions on Russia. It cuts their currency and GDP in half.
November 2014 - Sony suffers a massive hack. Supposedly, by North Korea in retaliation over a Seth Rogan movie. It’s embarrassing but mostly inconsequential. North Korea denies involvement, no one believes them. I believe it’s a message from Russia. “We have the weapon and we know how to use it.”
February 2015 – Kaspersky Labs, a Russian company, exposes to the world how deeply the NSA’s infiltration has gone. All hard drives have been shipped with an NSA backdoor preinstalled.
Through 2015 Microsoft makes an oddly strong push to get us all to update to Windows 10. Even bootleggers can get a free upgrade. A disguised evacuation from the badly compromised XP, 7 and 8? Or pushing a new OS into the world to give the NSA a new playing field to regain an advantage on?
I suspect Putin now reaches out to Robert Mercer, financier of data mining company Cambridge Analytica. He offers to make Mercer an American oligarch. Putin will provide the most advanced data gathering tools the NSA could create, Mercer will use them to collect data that lets his candidates target voters with uncanny accuracy and win elections. Kushner later raves about the complexity of their marketing system.
At the same time, Mercer will share that data with Putin who then uses botnets and other illegitimate means to influence the same voters, in the same direction, but without being visibly connected to the candidate. Later there will be controversy over a server in Trump Tower communicating with a Russian bank. I believe this is that sharing.
In 2015 Cambridge Analytica first backs Ted Cruz. The most hated man in DC and a proven track record of bringing the system to a grinding halt. The obvious choice. But Trumps bombastic personality and Cruz’s lack of one threatens the plan. In December 2015 when a Quinnipiac poll shows Cruz in second place behind Trump, Cambridge Analytica promptly dumps Cruz and picks up Trump. Sometime later Trump paranoidly projects that the only way Hillary can win is by rigging the election.
July 2016 - Trump wins the Republican nomination.
August 2016 - A hacker group called The Shadow Brokers makes the news. I believe this is Putin finally flaunting to the world what he’s done. They tell us they’ve stolen a toolkit from The Equation Group, who have been suspected to be the NSA. The files in the toolkit are NSA but only as recent as 2013, a few months after Snowden’s departure. I suspect the file dates were altered just enough to give Snowden deniability. They release half of them to the public as proof. It’s bad, we’re warned that a lot of horrible malware will come from this for years to come. And now that the code is public, those attacks could plausibly come from anyone. The other half is kept encrypted, promised to be worse, and they comically struggle and fail to sell it on the black market. No one seems willing to touch it.
November 2016 - Our election is hit by an unprecedented number of attacks. 5 per second 24 hours a day in Illinois. 150,000 total in South Carolina. 39 states altogether. Everyone who was anyone took Putin’s free gift and hit us with it.
Trump wins the election.
His first, maybe only job, is to lift the sanctions. Russia needs it done yesterday. Instead, Trump immediately gets into a fight with the media over the size of his inauguration crowd and makes a wild claim of 3 million illegal votes.
I believe Cambridge Analytica using NSA tools, had the ability to analyze every American voter’s online habits and predict their vote. I believe they promised Trump a win over Hillary and gave him a very specific vote count. When Hillary wins the popular vote with 3 million more votes, Trump is paranoid that she must have added her own fake votes which threw his prophesized number. And maybe she did. But with no evidence that he can admit to the rest of us, Trump blames it on illegal immigrants and starts demanding voter information so that he can compare the numbers.
This eats Trumps fragile ego alive. For eternity his legitimacy will be questioned in history books. Trumps attitude toward Russia sours. “You promised me a win and cost me the popular vote, our deal is void.” Trump does what he’s done to so many of the people he’s worked with before and decides he’s not going to pay his end of the deal. He busies himself putting Gorsuch on the SCOTUS, the beginnings of his wall and an immigration ban, ignoring Russia publicly and privately.
The cold war warms up.
January 23 – Trump appoints Ajit Pai to head the FCC. He is hell bent on reversing net neutrality laws, making it legal to throttle or block websites to citizens. Later, congress claims this was a direct order from Trump. Along with being able to predict how people will vote based on their browsing habits, they’ll now be able to directly influence those browsing habits.
February 9 – Jeff Sessions is made Attorney General to defend Trump from both an angry Russia and angry Congress. He’ll later recuse himself and Trump will state that if he had known that he wouldn’t have hired him in the first place.
February 10 – Russia considers giving Snowden to US as a gift.
February 13 – Trump seemingly is not interested. Michael Flynn’s Russian connections are “discovered” by the White House and he resigns.
February 14 – Russia violates a cold war arms treaty and shows that it has been developing cruise missiles. “I can reach you.” It says to Trump.
February 14 – Congress starts to question their too-good-to-be-true win and a republican senator calls for an investigation into ties between Trump and Russia. Most squabble over healthcare.
February 27 – Trump makes major cuts to agencies and dumps all $54 billion of it into defense spending. They’re going to need it.
February 28 – Amazon has a major failure and the East coast US suffers an internet outage.
March 7 – North Korea finally gets its missiles to survive launch and sends 4 towards a US base in Japan. I suspect Russia has made them aware of the vulnerabilities that had been plaguing their program. The US deploys its own missiles in South Korea.
March 16 – Dan Coats, an anti-Russia senator is appointed by Trump as Director of National Intelligence, James Clappers old position. Kind of poetic really. A concept stolen from Russia, turned into a monster by Clapper, stolen back by Russia and used to remove Clapper, whose successor is now sent to kill it.
March 23 – Senate Republicans vote to allow the sale of citizen’s private browser history. Making the kind of data collection and manipulation I suspect Cambridge Analytica of doing, now legal for future use.
March 30 – Michael Flynn offers to testify on Russia.
April 4 – 4 days after Tillerson had told Assad he could stay in power, Assad appears to drop chemical weapons on his own people. Assad denies it. The receiving hospital is also hit with conventional weapons in an effort to kill surviving witnesses. I believe it was Russia embarrassing the US.
April 7 – In response Trump hits a nearly empty airfield with 59 Tomahawk missiles. We’re told that it was retaliation against Syria and that Russia was warned beforehand and evacuated. I don’t believe they were. I believe Trump picked the most empty airfield shared by both Syria and Russia where damage would be minimal and bombed it without warning to either of them in an attempt to scare Russia. Russia condemns the strike and suspends air cooperation with the US. The airfield returns to operations the same day.
April 8 - The Shadow Brokers post an open letter to Trump that begins *“Respectfully, what the fuck are you doing?” * and telling him to remember his base, remember who got him elected. Again, I believe this is Putin speaking directly to Trump. He hints at the dirt he either has or can plant on McCain and Lindsay Graham, if only Trump will ask. The things he hints at are extreme. It is at this point that I now suspect Putin has gained this kind of information on a vast majority of our government and business world. Even if the blackmail victims are willing to face the shame to alert us to what’s happening, they’re warned that if the operations is exposed, everyone’s secrets will be released. The country would suddenly need a special election for half of its government and half of its corporations would crumble. It would be chaos. Mutually assured destruction. All anyone caught by Putin can do, is furrow their brow and be deeply disturbed.
In this same letter the Shadow Brokers ask Trump why he hasn’t yet filed charges against all powerful entities in the US. “Doing so, you could be seizing all their IT systems, freeze their financial assets, arrest key leadership.” This was a key step in Putin’s rise to power. I believe that even if Trump and Putin are having a couples squabble, Putin still needs Trump to remember this step. They release more of the NSA code as punishment.
The emergency siren system in Dallas is set off.
April 12 – Tillerson is sent to Moscow to meet with Putin to discuss tensions “over the Syria strike”. They are unable to come to agreements.
April 13 –Trump drops the Mother of All Bombs on Afghanistan for Russia to see.
April 14 - The Shadow Brokers dump more NSA exploits. Included in this batch is EternalBlue, one of the most destructive exploits that’s been seen in years.
April 14 – North Korea, whose missiles can now fly in a more or less straight line, threatens a preemptive strike on the US. The US threatens a strike back. Trump gets out of town and heads to Mar-a-Lago just in case.
April 15 – North Korea unveils an ICBM that can theoretically hit all of the United States. I believe that in exchange for stopping America’s sabotage of their nuclear program, NK is acting as Russia’s nuclear attack dog. He’s long wanted to be the one to do it. Now he’ll have Russian defense if he does.
April 21 - The power grids in New York, LA and San Francisco fail, it’s blamed on mechanical failure.
May 9 – Comey is fired by Trump as he works on the Russian investigation. Trump justifies it by quoting and mocking Chuck Schumer with a tweet… *“Cryin' Chuck Schumer stated recently, "I do not have confidence in him (James Comey) any longer." Then acts so indignant.” *
May 12 – The Wanna Cry ransomware scares the world. Built from the previously released EternalBlue exploit, it begins in Russia and races across the globe, locking computers and demanding a bitcoin ransom. It looks to be a catastrophic infection. Our hospitals are particularly crippled by it. The name mocks Trumps own words days before.
May 13 – By dumb luck a kill switch is left in the Wanna Cry code and British security researcher Marcus Hutchins disables it by registering a $10 website domain. What should have been a ransom in the billions of dollars tops out at $130,000.
After the attack, Kaspersky Labs will identify North Korea as being the attacker. North Korea will deny it. Later, Kaspersky will be cut out of the defense budget and banned from US government computers. Later still, Kaspersky will file an antitrust lawsuit against Microsoft, claiming that Windows 10 removes Kaspersky software from users computers when they upgrade.
May 27 – British airways has a massive system failure which they blame on outsource employee ineptitude. I suspect this is a warning to Theresa May in response to England preventing Wanna Cry. “Stay out of this.”
June 7 – Amazon goes down.
June 19 – A cyber analyst finds an unsecured Amazon server owned by GOP voter targeting firm Deep Root Analytics with almost all American voters records and analytics that predict who they will vote for and why. This confirms my suspicions that Cambridge Analytica used the same method to influence the presidential election. I believe that since the March 23 legalization of the selling of citizens browser histories, the GOP has been building its own voter prediction software in order to win the 2018 elections without help from Russia’s stolen data.
June 19 – All major cellular carriers go down.
June 19 – Microsoft Skype goes down.
June 27 – The Petya ransomware, built on EternalBlue, the second iteration of Wanna Cry, hits the world but seems targeted at Ukraine. Paying the ransom in this case does not unlock the data, Petya is tailored for maximum damage.
June 30 – Microsoft Office 365 goes down.
July 3 – Chase bank goes down.
July 3 – NASDAQ suffers an attack.
July 4 – USS Hornet and much of Alameda California are hit by a power failure, 4th of July events are canceled.
July 27 – HBO suffers the largest Hollywood hack in history.
July 30 – East coast power grid goes down.
Putin is livid.
August 3 - Marcus Hutchins, the man who saved us from Wanna Cry, is arrested by Trumps new CIA director on unrelated charges while he is in the US for a conference. He now faces 40 years in prison.
August 3 – Trump is finally forced to sign the Russian sanctions bill, making his position official. Putin will not be paid for services rendered.
August 5 – Trump schedules a vacation to be out of Washington DC for much of the next month.
I am nervous about August.
submitted by justajackassonreddit to esist [link] [comments]

Mass Surveillance News Collection from 2010

>>>>>>>>> Mass Surveillance
>>>>>>>>> Cognitive Infiltration and Mass Social Psychology Abuse
>>>>>>>> Smartphone Intrusion, Remote activation of Mics and Cameras
>>>>>>>>>>>>>>>>>>>>>>> Ways and Means; Technology and Law
>>>>>>> AT&T
>>>>>>>>>> Amazon, Apple, Facebook, Google, Microsoft, Twitter, Yahoo
>>>>>>>> Goals
>>>>>>>>>>> Lies, Coverups, Resource Misuse, and Danger of Tacit Complicity
>>>>>> Global Deep State Cooperation and Imitation
>>>>>>>>> Hardware, Rootkit, FIrmware Spyware
>>>>>>>> Blowback
>>>>>> Exoteric, Stated Goals of the Security State Have Failed
submitted by 911bodysnatchers322 to conspiracy [link] [comments]

Currency in the cloud

Even if you’re not a major investor, you’ve likely heard about bitcoin. Last year saw skyrocketing value for the cryptocurrency and others that operate on the same technology.
Cryptocurrency is traded digitally, the value of which increases or decreases like a stock depending on how many people are investing in it and how much is being produced. It is not issued by any central authority, rendering it theoretically immune to government interference or manipulation, and a rigorous verification system makes it nearly impossible to counterfeit, according to its backers.
Transactions are tracked using a technology called “blockchain,” similar to a ledger. If one person makes a change or conducts a transaction, it is visible to all users.
There are more than a thousand different types of cryptocurrency — bitcoin, ethereum, ripple and litecoin are a few — and many inhabit their own niche.
Though the technology has been around for about a decade, cryptocurrency saw a huge surge in popularity last year, with many reaching their highest value ever. Bitcoin grazed $20,000 in December, before beginning to drop. As of Wednesday, the value was about $9,000. Ethereum reached its highest price so far in January, above $900.
There is a limit on how much cryptocurrency can be mined, which users say likens it to a precious metal. Because there is a limited amount, the value increases. The maximum number of bitcoins that can be mined is 21 million, and about 17 million are in circulation. More on mining later.
Byron Wysocki, a Pendleton man who has invested in bitcoin for several years, said the spike and subsequent drop is understandable with any new currency.
“I think we had a huge bubble there,” he said. “Any asset class with four digits of growth (in one year), I don’t think any economists would argue that’s not a bubble.”
He said he expects there was some “fear of missing out,” that led to the bitcoin spike at the end of 2017, with several high-profile investors getting on board.
“I think the fundamentals, it’s kind of a geeky thing,” he said. “I think it’s something held by a lot of 18 to 34 year-old male millennial computer geek type people who have disposable income.”
He said while he doesn’t think that type of growth is likely for bitcoin again, it won’t diminish the longevity of the currency.
“The internet was supposedly built in 1983,” he said. “Essentially, it’s the 1990s of internet versus bitcoin. It may be 20 to 30 years before cryptocurrency becomes mainstream.”
Bitcoin, and several other types of cryptocurrency, are generated through a process called mining. The machines known as “miners” validate transactions between those trading currency by solving a series of complicated algorithms, and extract a transaction fee from each process. Each machine also records each transaction that happens on the blockchain, thereby making it visible to everyone on the system.
Wysocki noted that a miner fills a role similar to a bank for traditional currency, except that anyone can run a miner.
There are some “cloud mining” companies that run large number of machines, which use their computing power to earn payment.
“A good analogy is data centers, except it’s decentralized,” Wysocki said. Like with data centers, he said, the best places to mine are locations with cheap electricity, cheap labor and cold weather.
While the local market for cryptocurrency is small, it does exist. Nick Landreth of Nick’s Cell Phone Repair in Pendleton recently began building ethereum miners to sell to local clients. There are two packages Landreth sells — one is a 6 GPU (graphics processing unit) miner, which costs $4,500. The other is a 3 GPU rig, which costs $3,000. Both options are for machines that will be built, optimized, and ready to use, Landreth said.
Building a mining rig is similar to assembling a computer motherboard.
“Most of the work is just optimizing and stripping down the system so it can only mine ethereum,” he said.
Landreth said the most challenging aspect of building miners is finding parts.
“They’re very in demand,” he said.
Once a person purchases a rig, Landreth said, they can simply connect their device (like a smartphone or computer) to the miner, plug the miner in, and go to the network.
David Anderson, a Pendleton resident who trades in Ethereum, said the potential for cryptocurrency and blockchain technology is essentially limitless.
“It’s a powerful new way to control and share data, and make it immutable,” he said. “There are so many other uses — real estate, different types of legal contracts.”
Wysocki acknowledged the risks of cryptocurrency. Though technologies like bitcoin and ethereum are visible to all users on the blockchain, there are some untraceable cryptocurrencies, such as monero, which is conducted on the dark web. But for users in countries where government is faltering, digital currencies can be a safer investment.
“You have drug money — which is a bad thing,” Wysocki said. “You have some terrorist money in the system, which is another bad thing. But you also have countries like Venezuela, other hyper-inflation countries. It seems like this is a much better system than relying on your own government’s currency.”
Anderson said the technology has also become a place for innovators to come up with new ideas. He said the appeal for him is the potential to create something new and useful.
“Investing in the underlying technology — believing in what service or product being offered is actually going to better future society, not so much as buying it just because the price is going up,” he said.
Wysocki said he recommends caution when putting money into cryptocurrency, but not to be afraid of it.
“I don’t think you should be taking out credit cards or mortgaging your house,” he said. “But I don’t think putting one percent of your child’s college fund into bitcoin (is) necessarily a bad idea.”
submitted by SwitchKanun to hashflareinfo [link] [comments]

General info and list of exchanges for DressCode

The Dresscode platform is aimed at connecting its users network and is the core product where functionalities can be implemented on the go. The applications are limitless while the main threads concentrate on: Using the application will make buying or selling a blockchain edition of your favourite designer with bespoke ownership and verified product authenticity safely stored on one non-fungible token bearing the imprint of a physical fashion item easy to understand, use and embrace. Both limited edition fashion and cryptocurrency offer alternatives to established systems that have adapted poorly to cultural shifts. The fact that the old guards of finance and fashion are beginning to take note speaks to the need for and great potential of this very new way of bringing fashion to the people safely, quickly and in a way that brings big benefits to all. And the blockchain is just such an alternative. It’s highly flexible and has huge potential in terms of reach and application, well beyond simplifying reservations, automating deliveries and setting new values for the most exclusive items. Faced with a generation of consumers who are both the most well informed and fiscally precarious in modern history, luxury labels are searching for ways to remain relevant – and therefore profitable. Limited edition streetwear fills that void. The multimillion dollar aftermarket for rare sneakers and apparel represents a big shift in consumer desire, where a hoodie that costs $148 at retail can be worth 10 times as much on an online resale platform like The Real Real, Vestiare, Grailed or StockX. Naturally, the entire industry wants a piece of this action. To date, several distinguished fashion brands have already expressed big interest in Projectdresscode’s new protocol. They’ve seen the potential in the direct correlation between limited edition fashion and the limited number of tokens all running on blockchain, which has moved the fashion crowd to christen the blockchain “the new internet”.
About DressCode Like a limited-edition sneaker, the fixed number of Bitcoins – an estimated 21 million – only serves to further boost their soaring value. Bitcoins are “mined” by solving increasingly complex mathematical problems, which means that they are becoming more troublesome and expensive to produce as the supply dwindles. On this premise we have built a project that connects the two industries, namely fashion and the blockchain industry, which will achieve the project’s goals through development of the platform.
This venture we call Projectdresscode, which represents the most basic consolidation of a dress and a code and the fundamental function of fashion, which has always been used to demonstrate that cultural codes are there to be used and abused. Fashion has always gone against the grain of mainstream culture, whose principal defining characteristic, according to Barthes, is a tendency to translate the reality of the world into an image of the world which in turn presents itself as if composed according to “the evident laws of the natural order” (Barthes, 1972).
We are creating a platform the builds on the reality of a limited edition fashion frenzy on the blockchain, which with a help of the latest technology, authenticates, certifies and traces; and in so doing enables the community to buy/sell, bid/ask for the most sought after objects of desire. The main goals of the venture are:
● to make products traceable ● detect counterfeits and build users’ trust when purchasing pre-owned items ● reduce the loss in value of pre-owned items ● increase sales of certified blockchain wear ● automatic transfer of ownership rights ● expedite payments and add a user-friendly payment option ● and create the ultimate, shopping tool ready for implementation in existing online and offline stores
submitted by icoinformation to DressCode [link] [comments]

Bitcoin, A Mine of Internet Gold

I had a class this semester called Impact of Technology. It's part of my core courses for civil engineering. Basically the course covers topics related to the advancements of technology and the repercussions due to that. One of the requirements was to write a paper illustrating a criteria or list of reasons why you are adopting a new technology. I chose Bitcoin obviously! The professor for this course is a dinosaur when it comes to any sort of recent technology, especially computers. I think he still uses Windows 98. With this in mind I had to approach the paper with the most simplistic explanation of what Bitcoin is and why I chose to adopt it. Also, one more thing to be mindful of, this paper was written in late March during the Cyprus fiasco and before the big bubble popped. Hopefully this can help some newbies understand Bitcoin better and give them an incentive to join. Here is the paper:
Bitcoin, A Mine of Internet Gold
Try to imagine a global currency that is not controlled by a central authority like governments or banks. Some people might find that hard to conceptualize. You may be asking yourself, "how can the whole world population use one currency?" That question has many answers. One of them is; through the use of internet technology and advanced programming algorithms. Bitcoin aims to use a combination of internet peer-to-peer (P2P) technology and an extremely secure algorithm that is metaphorically a mine of internet gold. "Bitcoin uses peer-to-peer technology to operate with no central authority; managing transactions and issuing Bitcoins are carried out collectively by the network. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment systems."[1] This means that one can use Bitcoins to send money to anybody in the world almost instantly. There will be no more waiting for bank transfers and excessive bank wire fees. Bitcoin is like virtual cash money of the internet and you can use it to buy anything while remaining anonymous just as you would with cash. "Bitcoin is a currency, a protocol, and a software that enables instant peer to peer transactions, worldwide payments, low or zero processing fees ,and much more!"[1] I have already bought some Bitcoins and the following criteria will explain why.
But before I tell you why, you need to understand what Bitcoins are on a basic level and I feel the best way to explain that is to think of Bitcoin as internet gold. Bitcoin is essentially a computer algorithm that acts as a mine. This mine is a collection of encrypted computer code with addresses that point to areas with internet gold or none. In order to get the gold out of a mine miners are needed to dig away and sift through the rubble. For Bitcoin, miners are also needed but instead of digging and sifting through rubble they use computers to hash away through complicated mathematical equations in order to decrypt the internet gold mine and obtain Bitcoins in return. Once Bitcoins are discovered the entity that discovered them can claim them and either use them to buy something or sell to somebody who wants Bitcoins. The people that make up the Bitcoin network are free to trade Bitcoin amongst one another for services or goods. Like gold the quantity of Bitcoin is finite. There will never be more than 21 million Bitcoins ever mined due to the protocol limitations.
This leads me to the first point in my criteria for why I'm buying Bitcoin, scarcity. Currently approximately 10.957 million Bitcoins are in circulation. Bitcoin's algorithm makes it harder to find them as more are discovered. In other words it becomes more and more difficult to find some and miners require more effort in order to carry out the mathematical equations required to earn coins. In 2025 90% of all Bitcoins will be mined and 100% of all Bitcoins will be in circulation by 2140.[2] The algorithm determines the monetary inflation path ahead of time and is determined by unchangeable mathematics. Bitcoins that are lost to misfortune, like forgotten passwords, failed hard drives with no backup, etc, are lost forever and extremely improbable to recover. This also means there cannot ever be counterfeit coins. Thus, Bitcoin is the world's first, truly monetarily deflating currency.
That brings me to the next criteria which is Bitcoins divisibility. Each Bitcoin is divisible to 100 million base units called "Satoshi". That gives us a total of 2.1 quadrillion monetary units which is a sufficient supply to support a global economy. As Bitcoins become more scarce through attrition it is possible to mathematically "split" Bitcoins to increase the monetary base without creation inflation, it's very similar to splitting a stock. This way as the value of the Bitcoin increases people can still trade it using smaller monetary units so it is convenient.
A requirement of money is that they be durable. Good monetary units are not perishable like produce. Bitcoins are extremely durable because the algorithm keeps an accounting ledger of all transactions ever made over the network and cryptographic keys (that give everyone the ability to spend their Bitcoins) are distributed to hundreds of thousands of servers, networks, computers, and users around the world.
Money should also be portable and Bitcoins are highly portable in a variety of ways. You can access your Bitcoins over an internet connection, in paper wallets, physical coins and a concept called "Brain Wallets". If you have your cryptographic key and password memorized in your head then you can travel around the world and recovespend those Bitcoins from any computer where you feel safe. The best part is that the amount of money you can travel with is unlimited.
To add to the criteria Bitcoin is 100% transparent because it is a peer-to-peer network. There are no secrets inside the software or how it works. Everything is entirely auditable and verifiable because the protocol is 100% open source and can be viewed by anybody. This gives me great trust in the system because they are not trying to hold anything privately like banks or governments do.
Another reason I have Bitcoins is because they are anonymous to a certain degree. Bitcoin accounts are simply cryptographic keys that can be created at will and have no requirement to be registered with any entity. You can create a Bitcoin "account", spend money to it, and never have to reveal the who the owner of those keys are. This makes it very similar to cash money.
Further adding to the criteria is that Bitcoin is extensible. The Bitcoins protocol is highly extensible and it harnesses limitless capabilities and innovations that can be added. Some examples of these are auto executing contracts, escrow services, inheritances, etc... This means that as Bitcoin progresses and more uses become desired for it, extensions to the protocol can be added whenever.
Most importantly comes the attribute of value and Bitcoin has accumulated a significant amount of it since 2009 when it first started. In the early stages of Bitcoins it was quite easy to discover coins and the concept was not yet widespread so the value was as low as 0.05$ a coin. Yet over the years as scarcity and public awareness increased the Bitcoin has climbed to approximately 80$ a coin at the time of this writing. With the price increasing towards a market capitalization of almost 1billion dollars Bitcoin is becoming more mainstream.
People are turning to Bitcoin because of currency instability and losing trust in their banks. A good example of this can be seen in the Euro economic crisis currently unveiling; many Europeans are losing faith in their banking system and are turning to alternate currencies controlled by themselves. This is but one of the reasons why the value has grown so much. I find it best to look at the key similarities that Bitcoin has with precious metals that give them their ultimate value:
That being said I will keep buying more Bitcoins due to the above mentioned criteria consisting of the important attributes that I believe will make Bitcoin the very first mainstream online global currency technology. It's scarcity gives it the characteristic of being finite in quantity so only 21 million coins will ever be in circulation. It's attribute of almost infinite divisibility gives it the ability to still be usable as the value of the Bitcoin rises. They are extremely durable, impossible to counterfeit and easily portable to anywhere in the world. It is anonymous just like cash money so you can spend your money freely. The protocol is 100% open source so you know that the developers are not hiding anything from users. The most important reason why I'm investing in this currency is because of the potential store of value. I believe that Bitcoins are the currency of the future and that one day a significant amount of global trade will be paid for in Bitcoin. I've already quadrupled my initial investment and I'm confident that it will continue to grow.
References: [1] Bitcoin, Project. "Bitcoin." Bitcoin Foundation. Bitcoin Organization, n.d. Web. 27 Mar 2013. [2] Bitcoin Charts. "Bitcoincharts" Bitcoincharts. Bitcoincharts Organization, n.d. Web. 27 Mar 2013. [3] Global, Macro. "Bitcoin Bubble or New Virtual Currency."macrobusiness. 25 Mar 2013: Web. 27 Mar. 2013. .
If you found this helpful in anyway and you`re feeling generous please donate
BTC: 1Gh8aNT1kwriQ5hP2RqVKBYEoehzQMLFJ9
LTC: LVhtbRzBaWJxSSx7AvbCHVVnobndtpxy73
XRP: r4CUaRNYak7XLjr9Z4Ds55v4JpZjhkQWKo
Also, if you're bored, check out a project my friend and I have been working on - negocoin
For those interested in the grade I got on the paper: I got an A (lost marks for various punctuation mistakes and some grammar. Hey, I'm in engineering not English!)
submitted by dalessandrew to Bitcoin [link] [comments]

Bitcoin Mining Für Anfänger - Mining Pools Für Bitcoin - Lohnt Es Sich Wie Lange Minen Für 1 Bitcoin - Was Bringt Bitcoin Mining ONLY 21 MILLION BITCOINS MADE What Happens To Bitcoin After All 21 Million Are Mined ... Wieso wird es nur 21 Millionen BITCOINS geben?  20Vorwissen

As of yesterday over 85-percent of the total Bitcoin supply has been mined. But seriously, there's no need to worry, there's still over 3 million to mine. Bitcoin was created with a limit of 21 million so no more than that can be created. This limit ensures that a limitless supply of Bitcoin cannot be created. The smallest unit of a Bitcoin is one hundred millionth of a bitcoin and is known as a ‘satoshi’. Bitcoin is the most widely used and accepted electronic currency. As of September 2015, there were circa 14.6 million Bitcoin in ... Why you should become a member of 21 million Bitcoin club. Oleh Lesiv . Apr 13 · 9 min read. Today we are seeing the global equity and commodity markets in a state of turmoil. It has only taken a ... The Merkle recently documented a mining operation focused on Bitcoin in this manner. The setup has been running successfully for almost a year and currently uses 25 separate computing rigs. The ... Dogecoins are limitless, and that’s a good thing Unlike Bitcoin, Dogecoin doesn't have a limit to the amount of currency in the system at one time. Mar 2, 2020, 9:21 am* Business . Aaron Sankin ...

[index] [4990] [36793] [29496] [18676] [40007] [46319] [12140] [6362] [30469] [9777]

Bitcoin Mining Für Anfänger - Mining Pools Für Bitcoin - Lohnt Es Sich

Heute geht es um die Frage, wieso es nur 21 Millionen Bitcoins geben wird. Angelehnt an die Frage, stelle ich noch eine interessante Theorie am Ende des Videos vor. Viel Spaß!! Für Kritik und ... Begrenzte Verfügbarkeit (eine Art von „digitales Gold“: maximal 21 Millionen Bitcoins) daher relativ inflationsgeschützt steigender Nutzen für jeden erkennbar, steigernde Akzeptanz ... Crypto Mining Made Easy with MINY. Visit the official website for more details: What Happens To Bitcoin After All 21 Million Are Mined... What determines the supply of bitcoin? A probabilistic, geometrically declining supply function meant to simulate the issuance of precious metals. Every ten ... In this video we answer the very famous question: Why Will There Be Only 21 Million Bitcoins? Calculation involved for 21 million: Calculate the number of blocks per 4 year cycle: 6 blocks per ...