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Showing 7 of 7 results by Volture
Man Am I stupid, just bought another BTC's worth. 
It should be criminal to be that stupid! 
Wouldn't it be possible to make use of all those ~250 Phash/s of computer power that we today waste on solving fabricated algorithms? The essence of the Internet is information, so if we are looking for something concrete to be mined, encrypted information seems like a valid contender.
What is there to decrypt? The first thing that comes to my mind is Wikileaks. There are X amounts of encrypted documents that still remain hidden from us.
"What's Wikileaks hiding in its 400GB of 'insurance' files?"
Mining is one the biggest flaws of Bitcoin, because it's not used productive in any way. It's a common thing to hear that, "Bitcoin seems like a complete waste of resources".
What is there to decrypt? The first thing that comes to my mind is Wikileaks. There are X amounts of encrypted documents that still remain hidden from us.
"What's Wikileaks hiding in its 400GB of 'insurance' files?"
Quote
"The triumvirate of files are locked with NSA-approved AES encryption and weigh in at a beefy 3.6GB, 49GB and 349GB respectively.
Without a secret key to decrypt them (or a time machine and a very powerful computer) the files are useless blobs of ones and zeros that allow the safe dispersal of secret information beyond the reach of anyone who might want to interfere with Wikileaks."
Without a secret key to decrypt them (or a time machine and a very powerful computer) the files are useless blobs of ones and zeros that allow the safe dispersal of secret information beyond the reach of anyone who might want to interfere with Wikileaks."
Mining is one the biggest flaws of Bitcoin, because it's not used productive in any way. It's a common thing to hear that, "Bitcoin seems like a complete waste of resources".
Re: ⋆⋆⋆ [SDC] ShadowCash | ShadowSend v2 IS ALIVE ! ** MANDATORY WALLET UPGRADE! ⋆⋆⋆
Does this conversion from SDC to Shadow mean that the SDC gets hard to track as well? I mean, if someone supposedly is trying to track my SDC, I convert to Shadow, then reconvert back to SDC - would this mean that my SDC has cut its link to where it originally came from? (That the SDC blockchain becomes non-linear in a way)
Yes.
The original SDC were destroyed to create Shadow, and the Shadow were then destroyed to create SDC in a completely new address.
The only thing to be wary of is say converting 1234 SDC to Shadow, then quickly converting 1233.999 Shadow to SDC. The destruction of 1234 on one addy and creation shortly thereafter of 1233.99 to a new addy creates a link you can still plausibly deny, but a link all the same.
Redeeming Shadow to 2 SDC addresses and leaving a bit of Shadow un-destroyed (some dust) would be a more intelligent way of "washing" your SDC imo.
Does Shadow/SDC work in the same way as Mastercoin/Bitcoin? I mean, are they linked in a similar way?
Re: ⋆⋆⋆ [SDC] ShadowCash | ShadowSend v2 IS ALIVE ! ** MANDATORY WALLET UPGRADE! ⋆⋆⋆
Does this conversion from SDC to Shadow mean that the SDC gets hard to track as well? I mean, if someone supposedly is trying to track my SDC, I convert to Shadow, then reconvert back to SDC - would this mean that my SDC has cut its link to where it originally came from? (That the SDC blockchain becomes non-linear in a way)