Alternative Cryptocurrencies Thrive in Bitcoin's Shadow
David Sterry has been a bitcoin believer for years. He even founded a bitcoin startup. But when he heard that miner demand was causing monthlong backlogs on certain computer components, he realized it was a big, big moment - not for bitcoin, but for litecoin. The alternative cryptocurrency, created in October 2011 with a few tweaks to the Bitcoin protocol, has seen its value rise and fall in lockstep with bitcoin's. As bitcoin has risen in prominence and in price and become more difficult to mine, new miners have rushed into litecoin as the next best thing - and purchased just about every....
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Next week or roughly around four days from now, The Merge is expected to be implemented and Ethereum will transition from proof-of-work (PoW) to proof-of-stake (PoS). According to Ethereum developers, prior to the Paris upgrade, programmers successfully completed the 13th and last shadow fork. Ethereum’s 13th and Last Shadow Fork Is Complete On Friday, social media has been abuzz with chatter about The Merge and Ethereum’s transition from PoW to PoS. Furthermore, ETH developers and the Ethereum research and engineering company Nethermind revealed the last shadow fork is now....
The Shadow Brokers have backtracked from the auction, they are now willing to make the password public for 10,000 BTCs in crowdfunding. It was expected to turn out this way. The hacker group, Shadow Brokers that was responsible for obtaining a cache of cyber-attack tools allegedly used by US National Security Agency’s Equation Group has decided to get rid of the auction process. The decision was made by the hacking group a few days ago after it failed to gain enough attention. According to Shadow Brokers’ recent post on Medium two days ago, the hacker group is now willing to give away the....
So far, the auction held by The Shadow Brokers has collected 1.761 Bitcoin, which is next to nothing. The Shadow Brokers are attracting a lot of attention with their so-called NSA exploit kit auction. Although the group is demanding a price of 1 million Bitcoin, several of the bis which have been confirmed raise some questions. The US government obtained several thousand Bitcoin when shutting down Silk Road. What is preventing them from using this funds to win the auction? Hardly anyone will be surprised to hear the US government will do everything they can to prevent this NSA toolkit from....
Having failed to win big rewards for the stolen National Security Agency (NSA) hacking tools it auctioned last year, the Shadow Brokers hacking group is now trying to cash in on what credibility it might have left through a new monthly dumping service that accepts Zcash. The group has tried holding a public auction, a crowdfunding campaign and selling individual exploits. Shadow Brokers now wants to see if people will pay a monthly fee for a dump of exploits. They promised the following data and tools in mid-May: • Mobile handset tools and exploits • Compromised data from central banks and....