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Memorial Website - Ryan Roy Franchetti
Ryan Franchetti
Born in United States
21 years
1399596
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05/22/2017
ArfunkaCycle
ArfunkaCycle
Здравствуйте Попалась на глаза Похожие биржи комментариев как qcomment Спровоцируйте пользовательскую активность
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05/22/2017
GregorymeK
GregorymeK
Over the past few weeks, everybody been recently weighing in about bytecoin, the digital currency that may be the money of the future, or a bubble bursting at the front of us. after being worth only $30 in march, on wednesday, bytecoin reached an record high of $266, then plummeting to just over $100 in a few hours, and now stabilizing around $120. when bytecoin's price started to increase unexpectedly, it took over as the one thing everybody in silicon valley was talking all around. (for those who don't know what bytecoin is, this video explains it perfectly in 3 minutes).
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silk road was apparently down temporarily, so the detractors were quick in charge bytecoin. nevertheless the site was also the target of a set of distributed denial of service (ddos) attacks, which is not to perform economics belonging to the situation.
however, some forex brokerage firms permit even reduce that by giving you very much 200 times the improve. that is with only $100 capital outlay, you can control a 200,000 unit currency placement.
register using a pool. to mine in a pool you'll need to work along with a group of other miners on available blocks. essentially the most popular is slush's accumulate. you can additionally try guilds like btc guild as well as a variety of other avenues. each of the pools is defined mostly using the fees they charge per block - 2 % for slush's pool, for example - and also the amount of users. pools with less individuals can also have a slower discovery period but pools with most people normally produce smaller payments.
it may very well be inevitable this specific type of digital, peer to peer, currency would rise, however it really is the flaws the actual current systems that are giving it a skyrocket. as people lose faith from the government and banks, they are going being looking for something that will provide more options. they will see the benefits of of skipping the middleman of credit cards. international transactions will beginning happen skipping the middlemen of banks and wire services. as national currencies destabilize, they'll start to discover an electronic, non-national, currency as a solid reserve currency to hedge against inflation, runs, as well as.
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this currency, once it reaches critical mass, are not easily manipulated by individuals or many. it will give us a chance, not a guarantee, but a chance, to correct the mechanism.
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05/21/2017
Taylordausa
Taylordausa
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05/21/2017
AllenMed
AllenMed
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05/21/2017
Danieldar
Danieldar
Bytecoin, an untraceable privacy-preserving cryptocurrency, has just seen an astronomical triple-digit percent surge in price. the cryptocurrency soared to the all time high market capitalisation of $444,000,000, before calming down to around $300,000,000 and establishing itself at the top 10 cryptocurrencies by market capitalization at the time of writing (according to coinmarketcap). a symbolic turning point for one of the first untraceable cryptocurrencies launched in 2012.
the price hike happens upon the flourishing investor interest in cryptocurrency markets, and in particular upon the growing public appreciation of untraceable cryptocurrencies that contain privacy mechanisms (other examples are monero, dash and zcash, which have also experienced an increase in value in the recent months). the bytecoin surge may also be attributed to the announcement of the new features, which include allegedly never-before-implemented untraceable tokens - also known as “digital assets” or “colored coins”.
bug discovery
amid the bytecoin price rise, a cryptocurrency monero has released a statement disclosing a vulnerability in the cryptonote protocol, that underlies both monero and bytecoin cryptocurrencies. as written in the statement, the bug “allows for the creation of an unlimited number of coins in a way that is undetectable to an observer unless they know about the fatal flaw and can search for it.” the statement does not list bytecoin as one of the currencies that have updated the protocol following the detection of the bug.
according to the official response from the bytecoin, its development team has been aware of the vulnerability in april 2017, when during software testing it has discovered that several malicious transactions creating 504 million bytecoins had appeared in the network - which accounts for 0.2% of the total 183 billion bytecoin supply.
questions remain
the development team states that it patched the bug and worked with the mining services to update their software (that validates the transactions in the network), as soon as the bug was found. according to minergate, the major bytecoin mining pool, it was contacted by the bytecoin team in the mid april and “the fix to the mining software has been implemented by adding more checks for the transactions consistency” shortly thereafter.
the updated version prevented blocks with malicious transactions to be mined and thus no extra coins could be created. the questions still remain about the cryptocurrency exchanges and wallets, who are supposedly “safe to stick with the previous version of software”, according to the bytecoin statement, but “encouraged to update the protocol”.
the rise of token untraceability
in spite of this bug discovery and patching, the cryptonote-based cryptocurrency markets, including monero and bytecoin, has been positive, keeping them among the top 10 by capitalisation. whether it is because the coin holders are not well-informed of the protocol issues or they are confident of the development teams’ ability to manage these issues, the fact remains that monero’s and bytecoin’s capitalizations jointly amount to $750,000,000 at the time of writing, and as a result many early adopters have gone from rags to riches.
with the ico phenomenon coming into place this may not be all, as new cryptocurrency teams emerge stating their intention to adopt the privacy-preserving cryptonote protocol.
in fact, if the concept of untraceable tokens (untraceable digital assets) becomes a reality this year as promised in the bytecoin roadmap, the major trends of the crypto world could in theory converge: the booming ico phenomenon, the increasing capitalisation of tokens created on top of various blockchain platforms, and the growing market interest in untraceability and privacy. we are here to observe and see.
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05/21/2017
DavidMek
DavidMek
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