Inside LBC: How This Group Aims to Find a Bitcoin Cryptographic Collision
Around eight months ago a group called “Large Bitcoin Collider” (LBC) was formed aimed at cracking bitcoin wallets with hopes of finding a cryptographic collision within the protocol. The LBC server lets anyone download the software and attempt to take a crack at Bitcoin’s underlying cryptography. Meet the Large Bitcoin Collider. Announced last year on....
Related News
Despite the bear market in Bitcoin and altcoins, the industry's builders continue to build for a brighter future. For all the gloom and doom in the cryptocurrency market these days, our industry continues to make inroads into mainstream tech. This week, I had the pleasure of attending the sold-out Collision Conference in Toronto, and crypto was featured prominently. During the event, I got to moderate three panels, including two that were crypto-focused. The fact that the biggest tech conference in North America is letting me talk cryptocurrency after a six-month bloodbath proves there’s....
Heavycoin is an interesting coin having been released a couple months ago. Here, an interview regarding the Heavy1 algorithm with the developer: Scrypt/adaptive-n is a single cryptographic hash function. Using a single cryptographic hash function as the basis for a crypto-currency is fine until that cryptographic hash function becomes weak, for example, due to advances in cryptography. You might think that would never happen, but it does. Cryptography does advance and the state-of-the-art changes. Cryptographic hash functions have limited lifetimes. Over time advances are made in....
Tel Aviv, a city of about 400,000 residents in the heart of Israel, is considered one of the leading cities in the world in Bitcoin adoption. For new bitcoiners, Tel Aviv is like a dream come true; it has everything you need to get started with the digital currency. For starters, the Israeli Facebook Group "Israeli Bitcoin" has more than 4,500 members. The group is extremely active and friendly to newcomers. Also, for those who wish to hear an active stream of lectures about the Bitcoin ecosystem there is the Israeli Bitcoin Meetup Group. The group gets together roughly twice a month....
A hacker group has claimed to have breached a NSA affiliate, obtaining details of cyber weapons which it wishes to auction for 1,000,000 bitcoins. NSA Cyber Weapons for A Million Bitcoins? An assumed group of hackers, the ‘Shadow Brokers,’ has claimed responsibility for the hack, but this is currently disputed. Released August 13 on GitHub but now....
Reddit group r/wallstreetbets will allow a limited amount of crypto discussion, as it seeks to accommodate members in the community without detracting from its stock market focus. The moderators of subreddit r/wallstreetbets have announced they will allow crypto discussion in the subreddit from today. The retail trading group, famous for pumping traditional stocks such as Gamestop (GME) and scaring hedge fund managers out of their shorts — which is soon to be a major movie — will limit discussion to three cryptocurrencies, BTC, ETH, and DOGE, in a single daily thread. A post this morning....