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All Posts Tagged Tag: ‘bitcoin’

Stored Hashcash

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Interesting post proposing a workable solution against spam and DDoS attacks. Again, this is stemmed from Bitcoin and the approach is not so different from what was proposed in this article on crowdfunding. The brilliant idea behind Hashcash is to replace a monetary postage fee with a computational postage fee. In order to send an email, the sender first has to …

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The Bitcoin Model for Crowdfunding

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Interesting article, highlighting a new possible application for crypto-currencies. People have started realizing the impact that Bitcoin will have on society. Bitcoin is not a currency, but the beginning of a revolution. Bitcoin is more than money, and more than a protocol. It’s a model and platform for true crowdfunding – open, distributed, and liquid all the way. via The Bitcoin …

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How to steal Bitcoins

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Interesting article. I can’t help wondering whether this kind of theft would even be punishable by law; good luck explaining to a judge what exactly has been stolen. Technically, the result of the theft is just an alteration of the Blockchain, which is public by design. Well, it seems that there is money to make, and here is the proof …

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Bitcoin creator Satoshi Nakamoto revealed after years of mystery

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I am pretty sure he is not the only one… “He is the only person I have ever known to show up for a job interview and tell the interviewer he’s an idiot—and then prove it,” said Arthur Nakamoto, his younger brother. via Bitcoin creator Satoshi Nakamoto revealed after years of mystery (Updated) | Ars Technica.

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Bitcoin: Just as Broken as Cash

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Christopher Schmidt on US Dollar vs Bitcoin: The clear ends of US Dollars for either transacting in illegal goods and services or speculative gambling make me weary of its use. Before the U.S. gets too far behind the curve on this important topic, I urge the regulators to work together, act quickly, and prohibit this dangerous currency from harming hard-working …

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