Bitcoin Without the Internet: Can It Happen and Is It Possible?
A few weeks ago, LogRhythm which helps companies guard against cyber attacks and threats has released its seven predictions for 2017. According to them, this year, the Internet will be shut down for up to 24 hours. James Carder, LogRhythm´s Chief Information security officer and Vice President said: “We saw the massive DDoS attack against DynDNS just a few months ago, which resulted in sites like Twitter, Netflix, Spotify, and Amazon being unavailable for a few hours. We saw a similar DDoS hit Brian Krebs before the attack against Dyn.” Carder is certain that these were just tests, and we....
Related News
U. S. Government factions run amuck are on their way to reaching their goal of having serious repercussions on The Internet and the future of free global online communication. The NSA has already successfully strong-armed Yahoo and other major databases into submission and full data transfer through coercion. Now the backlash of such dastardly deeds and unconstitutional government behavior may cause the rest of the world to react defensively, and "break The Internet," as we know it. Eric Schmidt, Executive Chairman of Google, has sounded the alarm at a recent Silicon Valley tech meeting,....
Bitcoin adoption in a mainstream capacity can only benefit from the efforts being made in the Internet of Things industry. As more and more devices learn to communicate with each other through mesh networks, payment solutions will have to evolve as well. Bitcoin is perfectly suited for microtransactions, and when this world collides with the Internet of....
Bitcoin was on a wild roller-coaster ride for much of 2013. The digital currency has been trading in the triple digit territory for weeks, but there is no shortage of optimists who believe it will soon go north of $1,000 - and then some. Chris Dixon, a Silicon Valley venture capitalist and Andreessen Horowitz partner, believes a single bitcoin might even be worth $100,000. However, for that to happen bitcoin adoption would have to go through the roof. Dixon believes the $100,000 mark could be reached if bitcoin becomes the primary means of making online transactions. "It would have been....
Crypto analyst Willy Woo recently explained what needs to happen for Bitcoin to continue its bull run. The flagship crypto has been on a decline for a while now and has failed to make a significant run since hitting its current all-time high (ATH) of $73,750 in March earlier this year. What Needs To Happen […]
Here at NewsBTC, every day we get asked what will happen to the price of bitcoin. Will its value versus the US dollar gain or decline over the next few days? While these may be valid questions for intraday speculation, the real question - as far as we're concerned - is what is bitcoin price ten years from now. What can it be used for in the future, and what will be its future value? Wences Casares recently said this: In Spanish, we have a saying that when a genius points at the moon, a fool looks at the finger. I find that happens a lot with bitcoin. In our opinion, this sums up the....