Sending Messages to the Future: Timechain Cryptocurrency Security
Elías Snær Einarsson and Matthew Roberts, two coders who presently focus largely on cryptocurrency, have entered the security business with a splash, presenting a system called Timechain which aims to eliminate one of the biggest problems for exchanges: private keys having to exist in the same place as the funds being exchanged. Disclosure: the author is nothing of a cryptographer. Please make any corrections in the comments. Roberts is the inventor of Uptrenda, a "significantly more practical and secure" altcoin exchange system. Einarsson is the developer of RedArc, a Reddit archiving....
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Timechain continues to push the boundaries of institutional cryptocurrency adoption through a strategic partnership with the Fireblocks network. Institutional interest in cryptocurrencies has risen strongly throughout 2021 and early 2022. That growing demand for exposure creates opportunities for digital asset management and DeFi service providers like TimeChain. The Canadian firm provides various robust trading and financial tools for institutional clients to explore. Moreover, its offerings are of a higher level than other Canadian crypto service providers, giving Timechain a solid....
Matthew Roberts and Elías Snær Einarsson, two developers who have been active in the crypto space, recently proposed and published a new technology known as timechain. Simply put, the timechain is a chain of keys that can be used by anyone to encrypt any information for a certain period of time. It introduces proper incentives for the people who create and maintain the chain, hence the system is considered a decentralized autonomous company (DAC). The idea received quite some attention, as it claims to offer genuine security improvements for the crypto space. A lot of people have made....
For many years, people assumed lInux was one of the most secure operating systems in the world. Even though the number of cyber attacks against Linux machines remains relatively small for now, several thousand machines were infected with malware, forcing them to send out spam messages. As we all know, spam messages – such as the ones sent through Mumblehard – are one of the more common causes of Bitcoin ransomware infections. Mumblehard Linux Spam Botnet is No More. It has been over a year in the making, but Estonian law enforcement and the Eset security firm managed to put an end to the....
Messaging apps are ubiquitous – more than 3.6 billion people worldwide use them, with the average person sending up to 72 messages every 24 hours. Every day WhatsApp alone channels over 100 billion messages, while WeChat transmits 205 million video messages. With this popularity has come a darker side: that of hacked personal data, cyber […]
Blockchain technology has proven to make Bitcoin a legitimate global payment option for millions of people worldwide. The banking establishment is falling all over themselves to create their own Blockchains to cut costs and become more efficient. Now, the U.S. Military and NATO are investing in the potential future use of Bitcoin’s cutting-edge technology as well, for everything from sending more secure messages to protecting nuclear weapons. The U.S. Military is just as interested as the banking establishment. It turns out that the U.S. military has been investigating Blockchain....