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Showing 7 of 7 results by QiangChia
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Board Bitcoin Discussion
Be careful, hacker now can find the new way to hack your Bitcoin
by
QiangChia
on 24/01/2018, 10:15:16 UTC
According to ArsTechnica, many servers around the globe have just been discovered by hackers who exploit coded money. In just 23 days of "hacking" AEON pre-encrypted, these servers brought back hackers $ 6,000.

Morphus Labs estimated that up to 450 servers were involved in the mission. By analyzing a controlled server, security experts found that the hacker had exploited the vulnerability in Oracle's WebLogic package. The vulnerability has been resolved by Oracle in October 2017, but the server administrator has probably not updated the fix. Hackers have been using exploit code very simply to exploit the vulnerability in WebLogic.

Please be careful bro.
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Topic
Board Bitcoin Discussion
The term in Bitcoin transaction that I dont understand
by
QiangChia
on 17/01/2018, 08:37:40 UTC
In Bitcoin transaction, there is a step that called "synchronizing". What does it mean and why does it take so long?
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Board Beginners & Help
Re: Why do I have to wait 10 minutes during the Bitcoin transaction?
by
QiangChia
on 17/01/2018, 08:16:37 UTC
Receiving a payment is almost instant with Bitcoin. However, there is a 10 minutes delay on average before the network begins to confirm your transaction by including it in a block and before you can spend the bitcoins you receive. A confirmation means that there is a consensus on the network that the bitcoins you received haven't been sent to anyone else and are considered your property.
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Board Bitcoin Discussion
Re: What are bitcoins backed by?
by
QiangChia
on 17/01/2018, 07:51:33 UTC
bitcoins are not backed by any physical asset, bank, or government.
Instead, they are backed by math, cryptography, and a public distributed network with a mathematical process that takes a variable amount of data and produces a shorter, fixed-length output.
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Topic
Board Beginners & Help
How to trade to get more Bitcoin?
by
QiangChia
on 17/01/2018, 07:29:40 UTC
I am very new with Bitcoin and as I have been researching I know that we can trade Bitcoin at a Bitcoin exchange to get more but I dont know the process to trade Bitcoin. Can anyone help me, please
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Topic
Board Beginners & Help
Re: How does Bitcoin work?
by
QiangChia
on 17/01/2018, 06:57:38 UTC
The Bitcoin network is sharing a public ledger called the "block chain". This ledger contains every transaction ever processed, allowing a user's computer to verify the validity of each transaction. The authenticity of each transaction is protected by digital signatures corresponding to the sending addresses, allowing all users to have full control over sending bitcoins from their own Bitcoin addresses.
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Topic
Board Beginners & Help
Re: Signature campaign
by
QiangChia
on 13/01/2018, 10:38:40 UTC
Sorry for my stupid question but I am a newbie here and I dont know what is signature campaign. Can someone explain for me, please. Thank you bros