Everything you need to know about Bitcoin mining

What Is Bitcoin Mining For Dummies?

What Is Bitcoin Mining For Dummies? submitted by docnoxx to BitcoinMining [link] [comments]

What Is Bitcoin Mining For Dummies?

What Is Bitcoin Mining For Dummies? submitted by docnoxx to Bitcoin [link] [comments]

What Is Bitcoin Mining For Dummies?

What Is Bitcoin Mining For Dummies? submitted by SimilarAdvantage to BitcoinAll [link] [comments]

The Blackmail Email Scam (part 6)

IF YOU RECEIVE A BLACKMAIL EMAIL, PLEASE REDACT THE PERSONAL INFORMATION AND POST IT AS A COMMENT ON THIS THREAD SO THAT OTHERS WHO RECEIVE THE SAME EMAIL CAN FIND IT THROUGH GOOGLE.

BLACKMAIL EMAIL SCAMS ARE ALSO SENT VIA SMS (TEXT) AND PHYSICAL MAIL. REGARDLESS OF THE METHOD, THEY ARE SPAM AND THE POST BELOW GIVES YOU INFORMATION AND ADVICE ABOUT WHAT TO DO.

FIRST THREAD: https://reddit.com/Scams/comments/8gsjba/the_blackmail_email_scam/

SECOND THREAD: https://reddit.com/Scams/comments/9srjen/the_blackmail_email_scam_part_2/

THIRD THREAD: https://reddit.com/Scams/comments/biv65o/the_blackmail_email_scam_part_3/

FOURTH THREAD: https://reddit.com/Scams/comments/dohaea/the_blackmail_email_scam_part_4/

FIFTH THREAD: https://old.reddit.com/Scams/comments/g8jqnthe_blackmail_email_scam_part_5/

There have been many recent posts about the blackmail email scam, so I have written this post and will keep it stickied until the posts about the scam die down. Blackmail email scams have that name because they started as an email spam campaign, however there have also been reports of these scams being sent via SMS and physical mail. If you are reading this because you have received one of these emails and you are worried, you can stop worrying. The blackmail email scam is a spam campaign that is sent out to thousands of addresses at a time. The threats are lies and you do not have anything to worry about. In many cases, the emails will contain some sort of privileged information about you such as your name, part or all of your phone number, and your password. The emails may also look like they were sent from your own email address. The data is gathered from data breaches, and if the email looks like it came from your account that is due to email spoofing. You can use the service Have I Been Pwned? to see if you are in any publicly known data breaches. If you receive an email that contains a password that you currently use, you should immediately change that. Current recommended password guidelines say that you should use a different, complex password for every account. You can generate and save passwords using a password manager for convenience. You should also be using two factor authentication using an app like Google Authenticator instead of receiving codes through SMS.
Here are some news articles about this scam. Here is a story from Brian Krebs, and here is a story from the New York Times.
Below are a few examples, but if you receive an email that is similar but not the same as the examples you see, that does not matter and does not mean that the email is real. The spammers constantly switch up their templates in order to bypass spam filters, so it's normal to receive an email that hasn't yet been posted online.

EXAMPLES

Hey, some time ago your computer was infected with my private malware, RAT (Remote Administration Tool).
I know at the time of infection your passwords was: xxxxxxxxxxx
My malware gave me full access to all your accounts, contacts and it also was possible to spy on you over your webcam.
Sometimes when I was bored I was spying on you, then once you started to SATISFYING YOURSELF!
At first I didn't knew how to react as I was shocked, then I decided to record you, I checked on google and found the software: Bandicam and it did the job.
After that I removed my malware to not leave any traces and this email was sent from some hacked account.
I can send the video of you to all your friends, contacts and publish it on social networks and the whole web.
You can stop me and only I can help you out in this situation.
Pay exactly 740$ in Bitcoin (BTC).
It's easy to buy Bitcoin (BTC), for example here: https://paxful.com/buy-bitcoin , https://www.buybitcoinworldwide.com/ , https://www.kraken.com/ , or google another exchanger.
My Bitcoin (BTC) wallet is: xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Yes that's how the wallet looks like, copy and paste it, it's (cAsE-sEnSEtiVE)
I give you 3 days time to pay.
As I got access to this email account, I will know if this email has already been read, so the time is running.
After receiving the payment, I will remove the video and you can life your live in peace like before.
Learn from the mistake and update your browser before browsing the web next time!
I know XXXX is one of your password on day of hack..
Lets get directly to the point.
Not one person has paid me to check about you. You do not know me and you're probably thinking why you are getting this email?
in fact, i actually placed a malware on the adult vids (adult porn) website and you know what, you visited this site to experience fun (you know what i mean).
When you were viewing videos, your browser started out operating as a RDP having a key logger which provided me with accessibility to your display and web cam.
immediately after that, my malware obtained every one of your contacts from your Messenger, FB, as well as email account.
after that i created a double-screen video. 1st part shows the video you were viewing (you have a nice taste omg), and 2nd part displays the recording of your cam, and its you. Best solution would be to pay me $1004.
We are going to refer to it as a donation. in this situation, i most certainly will without delay remove your video.
My -BTC -address: 1GohL1jDz8BapZhohN2Xry6AKPq6PiJrjw [case SeNSiTiVe, copy & paste it]
You could go on your life like this never happened and you will not ever hear back again from me. You'll make the payment via Bitcoin (if you do not know this, search 'how to buy bitcoin' in Google).
if you are planning on going to the law, surely, this e-mail can not be traced back to me, because it's hacked too.
I have taken care of my actions. i am not looking to ask you for a lot, i simply want to be paid.
if i do not receive the bitcoin;, i definitely will send out your video recording to all of your contacts including friends and family, co-workers, and so on.
Nevertheless, if i do get paid, i will destroy the recording immediately.
If you need proof, reply with Yeah then i will send out your video recording to your 8 friends. it's a nonnegotiable offer and thus please don't waste mine time & yours by replying to this message.
I know xxxxxxxxxxxx is one of your password on day of hack.. Lets get directly to the point.
Not one person has paid me to check about you.
You do not know me and you're probably thinking why you are getting this email?
in fact, i actually placed a malware on the adult vids (adult porn) website and you know what, you visited this site to experience fun (you know what i mean).
When you were viewing videos, your browser started out operating as a RDP having a key logger which provided me with accessibility to your display and web cam.
immediately after that, my malware obtained every one of your contacts from your Messenger, FB, as well as email account. after that i created a double-screen video. 1st part shows the video you were viewing (you have a nice taste omg), and 2nd part displays the recording of your cam, and its you.
Best solution would be to pay me $1013.
We are going to refer to it as a donation. in this situation, i most certainly will without delay remove your video.
My -BTC -address: 1KzA7GYSyvXCmPpojZ4qTbZGmjjbbSfwBg
[case SeNSiTiVe, copy & paste it]
You could go on your life like this never happened and you will not ever hear back again from me.
You'll make the payment via Bitcoin (if you do not know this, search 'how to buy bitcoin' in Google). if you are planning on going to the law, surely, this e-mail can not be traced back to me, because it's hacked too. I have taken care of my actions. i am not looking to ask you for a lot, i simply want to be paid.
if i do not receive the bitcoin;, i definitely will send out your video recording to all of your contacts including friends and family, co-workers, and so on. Nevertheless, if i do get paid, i will destroy the recording immediately. If you need proof, reply with Yeah then i will send out your video recording to your 8 friends. it's a nonnegotiable offer and thus please don't waste mine time & yours by replying to this message.
Lets get directly to the point.
Not one person has paid me to check about you. You do not know me and you're probably thinking why you are getting this email? in fact, i actually placed a malware on the adult vids (adult porn) website and you know what, you visited this site to experience fun (you know what i mean).
When you were viewing videos, your browser started out operating as a RDP having a key logger which provided me with accessibility to your display and web cam.
immediately after that, my malware obtained every one of your contacts from your Messenger, FB, as well as email account.
after that i created a double-screen video. 1st part shows the video you were viewing (you have a nice taste omg), and 2nd part displays the recording of your cam, and its you. Best solution would be to pay me $1002.
We are going to refer to it as a donation. in this situation, i most certainly will without delay remove your video.
My -BTC -address: 1JXvEapcRCvywymcrYZ1rcCfLfNZKri4LP [case SeNSiTiVe, copy & paste it]
You could go on your life like this never happened and you will not ever hear back again from me.
You'll make the payment via Bitcoin (if you do not know this, search 'how to buy bitcoin' in Google).
if you are planning on going to the law, surely, this e-mail can not be traced back to me, because it's hacked too. I have taken care of my actions. i am not looking to ask you for a lot, i simply want to be paid.
if i do not receive the bitcoin;, i definitely will send out your video recording to all of your contacts including friends and family, co-workers, and so on. Nevertheless, if i do get paid, i will destroy the recording immediately.
If you need proof, reply with Yeah then i will send out your video recording to your 8 friends.
it's a nonnegotiable offer and thus please don't waste mine time & yours by replying to this message.
Hello!
I'm the software engineer who hacked into your device's OS.
I've been observing you for months now. The thing is, you've been infected with malware through the adult website you visited.
In case you're not familiar with it, I'll explain. The Trojan infection gives me full access and control over your computer or any other device on your local. It means that I can see everything on your screen, turn on my camera and microphone, but you do not know about it.
I also have access to all your contacts, social networking data and all your correspondence.
Why didn't your antivirus detect any malware? A: My malware uses a driver, I update its signatures every 4 hours to keep your antivirus silent.
I have made a video showing how you satisfy yourself on the left side of the screen, and on the right side you see the video you have been watching. With one click, I can send this video to all your contacts in the email and social networks. I can also publish access to all your emails and messaging apps that you use.
If you want to prevent this, at that point: Transfer $400(USD) to my bitcoin wallet (if you do not know how to do it, then type in to Google: "Purchase a bitcoin").
My Bitcoin Wallet:1EGBGBptS9yKNPYYU9qUEoPNLptee8CEq9
After getting the payment, I will destroy the video and you won't hear from me again. I will provide you 50 hours (more than two days) to pay. I have a notice that you read this email and the timer started you opened it.
Don't attempt to answer me. It doesn't make any sense (the sender's address is generated by random). Filing a complaint somewhere doesn't make sense, because this email cannot be tracked, and neither can my bitcoin address. I don't make mistakes.
If I find that you shared this message with someone else, the video will be distributed immediately. Good luck with that.
And here are some common keywords used in the email so that this thread can be found by people Googling the email:
"Marlware, international hacker group, No‌ p‌erso‌n has co‌mp‌ensat‌ed, very o‌wn vid‌eo‌ cli‌p, software on the adult, porno sitio, one of your pass word, .br, specific pixel, sexual content web portal, a malware on the adult, a malware on the, double-screen, is a reasonable price tag for our little secret, you have a good taste lmao, I placed a malware on the adult vids, your browser began operating as a RDP, had been abusing yourself in front of computer display, you are one of those people that downloaded the malicious, I made a split-screen video, While you were watching the video, your web browser acted as, malware on the porn website and guess what, an unique pixel, you jerked off while watching an online video, When you pressed the play button the virus begins saving all the things thru, ja.scr, My malicious soft started your front cam, and also send the video link to all of yourfriends, I infected your gadget with a malware and now, AnywaysI downloaded all contacts, my program quickly got into your system, To a time where you jerk off watching","For the present moment I have at my disposal all, When you arouse sexually watching porno, In such a way all needed compromising material and contact, All information to yours SNSs user accounts, You watched sexual content portal and toss","Hello! WannaCry is back! All your, in front of the screen browsing adult stuff, As you flog the dummy watching, U are going to be offered 5 days after checking this notice, RAT 68006, the damnific malware, pastime and entertainment there, not my single victim, beat the dummy, buff the muffin, choke a chicken, front camera capturing video, with you frigging, with you chaturbating, with you masturbating, web digicam, U are going to have 5 dayss, i utilize just hacked wi, pressured this trojan to, glue a pair of videos, glue two videos, the RAT, if you want me to destroy this whole video, downloaded all contacts from your computer, your list of contacts or relatives will, I made a video that shows how you masturbate, hacked you through a virus in an ad on a porn website, my illiteracy, nоt mind on my illiterаcy, I рilfered all рrivy bаckground, videоtaре with yоur masturbаtion, my delеtеrious soft, cаmеra shооt the videоtaрe, you sеlf-аbusing, Differently I will send the video to all your colleagues and friends, your front-camera made the videotape with you self-abusing, RAT 98390 malware, the minute you went to one adult page, information to contact info I discovered on your devices and remember there is a lot of these, not including Double VPN As a result, I forced my malware to hook up to a mic, web camera and catch the video from it, poisoned a number of adult sites, video clip to fit on a single tv screen, This letter has invisible monitoring program inside and i will be aware of when you are going to check, doing ur stuff and a clip u jerked to, the investigation will last, I uploaded our malicious program on your device, furthermore malware saved exactly the video you chose, its a record with your wanking, friends will see u taking proper care of yourself, Your system is controlled by the malicious program, If you were more careful while playing with yourself, that whacking off to adult web-sites is, adult website which was poisoned with my malware, nor i think that jerking off to porn sites is really a gross thing, so I dgf lmao, proof just reply to this email with, if you want me to destroy all this compromising evidence, will send your video to 5 contacts, amount in Usd that can cope with this scenario, You are welcome to contact your local authorities, If you want proof, reply with, i pride myself in being apart of an internet group, so i dgf, I take good care of my being anonymous, information related to the RAT virus, been able get in to all ur units, to all of your contacts including, search engines like goo, case sensitive, so copy,, and at this moment I, It is a non-nego, don't waste my perso, thi s mes, back while visiting, showe ring, what should you do ?, porno webpage, this embarrassing situation, navigated to the page, bare-assed, on well-known websites and publications, I got an order from someone to kill you and your family, immediately kill your family, is an explosive device, My mercenary is, explosive device detonates, triggered your webcam, piquant websites, my exploit downloaded, replenish btc wallet, i‌nstanta‌neo‌usly ‌erase, actua‌l r‌eco‌rded ma‌t‌eri‌al, n‌egl‌ect this ‌ema‌i‌l, my RAT trojan, video you jerked, I used keylogger, your disk dump, malware intercepts, installed a malware, remo‌v‌e yo‌ur vi‌deo‌ fo‌o‌ta‌ge, RAT onto your computer, greasy stimulating actions, excentric preferrables, porn web-page, to your Tax Department, network will be DDoS, friends, WannaCry, building a protection policy, in Tax Departament, Yours service going, we pass CloudFlare, hear fake-experts, backuped phone, -1663, of your joys, digits your phone, (porno), BIG pervert, both files and scale, naughty video clips, Soy un hacker, I installed spyware, n website with teen, malware on the porn website, very own recorded material""Marlware, international hacker group, No‌ p‌erso‌n has co‌mp‌ensat‌ed, very o‌wn vid‌eo‌ cli‌p, software on the adult, porno sitio, one of your pass word, specific pixel, sexual content web portal, a malware on the adult, a malware on the, double-screen, is a reasonable price tag for our little secret, you have a good taste lmao, I placed a malware on the adult vids, your browser began operating as a RDP, had been abusing yourself in front of computer display, you are one of those people that downloaded the malicious, I made a split-screen video, While you were watching the video, your web browser acted as, malware on the porn website and guess what, an unique pixel, you jerked off while watching an online video, When you pressed the play button the virus begins saving all the things thru, ja.scr, My malicious soft started your front cam, and also send the video link to all of yourfriends, I infected your gadget with a malware and now, AnywaysI downloaded all contacts, my program quickly got into your system, To a time where you jerk off watching","For the present moment I have at my disposal all, When you arouse sexually watching porno, In such a way all needed compromising material and contact, All information to yours SNSs user accounts, You watched sexual content portal and toss","Hello! WannaCry is back! All your, in front of the screen browsing adult stuff, As you flog the dummy watching, U are going to be offered 5 days after checking this notice, RAT 68006, the damnific malware, pastime and entertainment there, not my single victim, beat the dummy, buff the muffin, choke a chicken, front camera capturing video, with you frigging, with you chaturbating, with you masturbating, web digicam, U are going to have 5 dayss, i utilize just hacked wi, pressured this trojan to, glue a pair of videos, glue two videos, the RAT, if you want me to destroy this whole video, downloaded all contacts from your computer, your list of contacts or relatives will, I made a video that shows how you masturbate, hacked you through a virus in an ad on a porn website, my illiteracy, nоt mind on my illiterаcy, I рilfered all рrivy bаckground, videоtaре with yоur masturbаtion, my delеtеrious soft, cаmеra shооt the videоtaрe, you sеlf-аbusing, Differently I will send the video to all your colleagues and friends, your front-camera made the videotape with you self-abusing, RAT 98390 malware, the minute you went to one adult page, information to contact info I discovered on your devices and remember there is a lot of these, not including Double VPN As a result, I forced my malware to hook up to a mic, web camera and catch the video from it, poisoned a number of adult sites, video clip to fit on a single tv screen, This letter has invisible monitoring program inside and i will be aware of when you are going to check, doing ur stuff and a clip u jerked to, the investigation will last, I uploaded our malicious program on your device, furthermore malware saved exactly the video you chose, its a record with your wanking, friends will see u taking proper care of yourself, Your system is controlled by the malicious program, If you were more careful while playing with yourself, that whacking off to adult web-sites is, adult website which was poisoned with my malware, nor i think that jerking off to porn sites is really a gross thing, so I dgf lmao, proof just reply to this email with, if you want me to destroy all this compromising evidence, will send your video to 5 contacts, amount in Usd that can cope with this scenario, You are welcome to contact your local authorities, If you want proof, reply with, i pride myself in being apart of an internet group, so i dgf, I take good care of my being anonymous, information related to the RAT virus, been able get in to all ur units, to all of your contacts including, search engines like goo, case sensitive, so copy,, and at this moment I, It is a non-nego, don't waste my perso, thi s mes, back while visiting, showe ring, what should you do ?, porno webpage, this embarrassing situation, navigated to the page, bare-assed, on well-known websites and publications, I got an order from someone to kill you and your family, immediately kill your family, is an explosive device, My mercenary is, explosive device detonates, triggered your webcam, piquant websites, my exploit downloaded, replenish btc wallet, i‌nstanta‌neo‌usly ‌erase, actua‌l r‌eco‌rded ma‌t‌eri‌al, n‌egl‌ect this ‌ema‌i‌l, my RAT trojan, video you jerked, I used keylogger, your disk dump, malware intercepts, installed a malware, remo‌v‌e yo‌ur vi‌deo‌ fo‌o‌ta‌ge, RAT onto your computer, greasy stimulating actions, excentric preferrables, porn web-page, to your Tax Department, network will be DDoS, friends, WannaCry, building a protection policy, in Tax Departament, Yours service going, we pass CloudFlare, hear fake-experts, backuped phone, -1663, of your joys, digits your phone, (porno), BIG pervert, both files and scale, naughty video clips, Soy un hacker, I installed spyware, n website with teen, malware on the porn website, very own recorded material, ιs yοur ραssρhrαse, after seeing the video of you jerking off, τhιηκ οf ιτ αs α dοηατιοη, split-screen video, 𝐄𝐧𝐭𝐢𝐫𝐞 𝐯𝐢𝐝𝐞𝐨 𝐜𝐥𝐢𝐩 𝐮𝐧𝐝𝐞𝐫𝐭𝐚𝐤𝐢𝐧𝐠 𝐫𝐚𝐮𝐧𝐜𝐡𝐲 𝐦𝐚𝐭𝐭𝐞𝐫𝐬, 𝐚𝐜𝐭𝐮𝐚𝐥𝐥𝐲 𝐞𝐧𝐭𝐞𝐫𝐞𝐝 𝐭𝐡𝐚𝐭 𝐩𝐨𝐫𝐧𝐨 𝐢𝐧𝐭𝐞𝐫𝐧𝐞𝐭 𝐬𝐢𝐭𝐞, 𝐇𝐨𝐰 𝐰𝐢𝐥𝐥 𝐲𝐨𝐮 𝐩𝐮𝐭 𝐭𝐨𝐠𝐞𝐭𝐡𝐞𝐫 𝐭𝐡𝐞 𝐩𝐚𝐲𝐦𝐞𝐧𝐭"
submitted by EugeneBYMCMB to Scams [link] [comments]

Some perceived catalysts for MARA

Firstly, let me say, I hate how energy-intensive Bitcoin is and would never support the market for mining it in the long-term. However, below are what I believe to be a series of perceived catalysts for MARA as a swing play.
Yes, some are more compelling than others. And yes, some should never even be graced with the name 'catalyst', but in the era of Lambos and rocketships, they will very much (unfortunately) be taken as such by those more naive to the space.
What does MARA do?
MARA mines Bitcoin.
What is Bitcoin?
In essence, a digital currency. A form of value not governed by any government or centralized institution. Hopefully this isn't news to you, but if not, here is a good place to start.
What is mining?
In essence, the process that is required to generate new bitcoins (better explanation here). Much like mining for gold or drilling for oil, you need to follow a process in order to generate more Bitcoin. Much like other commodities too, the price that they are selling for has a big impact on how profitable miners are.
Why MARA, why now?
Bitcoin has been flirting with the $10,000 mark for some time now. $10k for Bitcoin is a bit like $1 for a penny stock. It's tough to break, but once you do, a lot of heads start to turn. If Bitcoin moves, MARA is more than probably going to follow suit.
Catalysts
submitted by pfcrock to pennystocks [link] [comments]

The Blackmail Email Scam (part 4)

THIS THREAD IS NOW ARCHIVED, THE LATEST THREAD CAN BE FOUND HERE: https://old.reddit.com/Scams/comments/g8jqnthe_blackmail_email_scam_part_5/

TEXT, PHONE CALL, AND PHYSICAL MAIL VARIANTS ARE COVERED IN THE LATEST THREAD.

IF YOU RECEIVE A BLACKMAIL EMAIL, PLEASE REDACT THE PERSONAL INFORMATION AND POST IT AS A COMMENT ON THIS THREAD SO THAT OTHERS WHO RECEIVE THE SAME EMAIL CAN FIND IT THROUGH GOOGLE.

FIRST THREAD: https://www.reddit.com/Scams/comments/8gsjba/the_blackmail_email_scam/

SECOND THREAD: https://www.reddit.com/Scams/comments/9srjen/the_blackmail_email_scam_part_2/###

THIRD THREAD: https://old.reddit.com/Scams/comments/biv65o/the_blackmail_email_scam_part_3/

There have been many recent posts about the blackmail email scam, so I have written this post and will keep it stickied until the posts about the scam die down. If you are reading this because you have received one of these emails and you are worried, you can stop worrying. The blackmail email scam is a spam campaign that is sent out to thousands of addresses at a time. In al cases, the threats are lies and you do not have anything to worry about. In many cases, the emails will contain information about you such as your name, part or all of your phone number, and your password. The emails may also look like they were sent from your own email address. The data is gathered from data breaches, and if the email looks like it came from your account that is due to email spoofing. You can use the service Have I Been Pwned? to see if you are in any publicly known data breaches. If you receive an email that contains a password that you currently use, you should immediately change that. Current recommended password guidelines say that you should use a different, complex password for every account. You can generate and save passwords using a password manager for convenience. You should also be using two factor authentication using an app like Google Authenticator instead of receiving codes through SMS.
Here are some news articles about this scam. Here is a story from Brian Krebs, and here is a story from the New York Times.
Below are a few examples, but if you receive an email that is similar but not the same as the examples you see, that does not matter and does not mean that the email is real. The spammers constantly switch up their templates in order to bypass spam filters, so it's normal to receive an email that hasn't yet been posted online.
Hey there
So I am the hacker who cracked your email address and device a few weeks back.
You typed in your pwd on one of the sites you visited, and I intercepted that.
Here is your password from (redacted) upon time of compromise: (redacted)
Obviously you can can change it, or even already changed it.
However it won't really matter, my malware modified it every time.
Do not really try to contact me personally or find me.
Via your email, I uploaded harmful code to your Operation System.
I saved your entire contacts together with buddies, fellow workers, loved ones along with a entire history of visits to the World wide web resources.
Also I set up a Virus on your system.
You aren't my only target, I generally lock computers and ask for a ransom.
But I was hit by the web pages of romantic material that you normally stop by.
I am in shock of your own fantasies! I have never ever noticed anything at all like this!
Consequently, when you had enjoyment on piquant web-sites (you know what I am talking about!) I made screenshot with utilizing my program from your camera of yours device.
There after, I put together them to the content of the currently viewed site.
There will certainly be giggling when I send these pics to your connections!
Nevertheless I am certain you do not need this.
Therefore, I expect to have payment from you for my silence.
I feel $859 is an satisfactory price for this!
Pay with Bitcoin.
My Bitcoin wallet is xxxxxxxxxxxxxxxxxxxxxxxxxxxxx
If you do not really understand how to do this - submit in to Google 'how to transfer money to the bitcoin wallet'. It is easy.
Immediately after getting the given amount, all your files will be right away destroyed automatically. My computer virus will also get rid of itself through your operating-system.
My Trojan viruses have auto alert, so I know when this specific e mail is read.
I give you 2 days (48 hours) to make a payment.
If this does not occur - just about all your associates will get outrageous pictures from your darkish secret life and your system will be blocked as well after two days.
Do not end up being foolish!
Police or buddies won't support you for sure ...
P.S I can provide you with recommendation for the future. Do not type in your security passwords on risky web pages.
I wish for your wisdom.
Bon voyage.
Your computer device was attacked by the malicious app . Whats the trouble? I placed my malicious agent on a erotica portal, you clicked on this data and promptly adjusted the malware to your computer . The hostile program made your selfie-camera shooting and I enjoy the videotape with you dash your doodle. In next 5 hours this hostile program copied all your contacts. Right now, I receive your all your contact information and video with you masturbating, and now if you wish me to destroy all the data affect payment 350 $USD in BTC digital currency. Other way I want forward that this record to all your contacts . I forward you my Bitcoin wallet - XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX You possess 27 hours after reading. In a case if I possess transaction I am going to undo that this record once for all. I beg pardon for my mistakes- I live in China . P.S. this postal address, I have thieved it
Good day,
If you had been more careful while caressing yourself, I wouldn't worry you. I don't think that playing with yourself is very bad, but when all your colleagues, relatives and friends get a video recording of it - it is definitely bad for you.
I placed malicious software on a website for adults (with porn) which was visited by you. When the target taps on a play button, your device starts recording the screen and all cameras on your device begin to work.
Moreover, my program allows a remote desktop connection with keylogger function from the device, so I could collect all contacts from your e-mail, messengers and other social networks. I'm writing on this e-mail cuz it's your working address, so you must check it.
I suppose that three hundred twenty usd is good enough for this little misstep. I made a split screen video (recorded from your screen (u have interesting tastes ) and camera ooooooh... its awful AF)
So it's your choice. If you want me to erase this compromising evidence, use my Bitcoin wallet address: XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX You have one day after opening my message; I put a special tracking pixel in it, so when you will open it I will see. If you want me to show you the proofs, reply to this message and I will send my creation to five contacts that I got from your contacts.
P.S. You can try to complain to the police, but I don't think that they can help, the investigation will last for 5 month- I'm from Ukraine - so I dgf lmao
Hey there
So I am the hacker who cracked your email address and device a few weeks back.
You typed in your pwd on one of the sites you visited, and I intercepted that.
Here is your password from (redacted) upon time of compromise: (redacted)
Obviously you can can change it, or even already changed it.
However it won't really matter, my malware modified it every time.
Do not really try to contact me personally or find me.
Via your email, I uploaded harmful code to your Operation System.
I saved your entire contacts together with buddies, fellow workers, loved ones along with a entire history of visits to the World wide web resources.
Also I set up a Virus on your system.
You aren't my only target, I generally lock computers and ask for a ransom.
But I was hit by the web pages of romantic material that you normally stop by.
I am in shock of your own fantasies! I have never ever noticed anything at all like this!
Consequently, when you had enjoyment on piquant web-sites (you know what I am talking about!) I made screenshot with utilizing my program from your camera of yours device.
There after, I put together them to the content of the currently viewed site.
There will certainly be giggling when I send these pics to your connections!
Nevertheless I am certain you do not need this.
Therefore, I expect to have payment from you for my silence.
I feel $859 is an satisfactory price for this!
Pay with Bitcoin.
My Bitcoin wallet is xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
If you do not really understand how to do this - submit in to Google 'how to transfer money to the bitcoin wallet'. It is easy.
Immediately after getting the given amount, all your files will be right away destroyed automatically. My computer virus will also get rid of itself through your operating-system.
My Trojan viruses have auto alert, so I know when this specific e mail is read.
I give you 2 days (48 hours) to make a payment.
If this does not occur - just about all your associates will get outrageous pictures from your darkish secret life and your system will be blocked as well after two days.
Do not end up being foolish!
Police or buddies won't support you for sure ...
P.S I can provide you with recommendation for the future. Do not type in your security passwords on risky web pages.
I wish for your wisdom.
Bon voyage.
I Have YOUR code. I rule phone xxxx
I SENT this newsletter from YOUR ACCOUNT.
I look your device.
I am in daze of your sex act fantasies!
I made backup your contacts and files. I made screenshots from your digital camera of yours device.
I want 888 $ to my (Bitcoin
My )Bitcoin currency
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
If YOU don't transaction )Bitcoin. I share my quake of your golden age of porn fantasies with your contacts!
If you do not know how to do this - enter into Google/
=how to transfer money to a Bitcoin& wallet-
Time 30 hours.
This excellent post as Subway & Dairy Queen.
Hello!
I'm a programmer who cracked your email account and device about half year ago. You entered a password on one of the insecure site you visited, and I catched it.
Of course you can will change your password, or already made it. But it doesn't matter, my rat software update it every time.
Please don't try to contact me or find me, it is impossible, since I sent you an email from your email account.
Through your e-mail, I uploaded malicious code to your Operation System. I saved all of your contacts with friends, colleagues, relatives and a complete history of visits to the Internet resources. Also I installed a rat software on your device and long tome spying for you.
You are not my only victim, I usually lock devices and ask for a ransom. But I was struck by the sites of intimate content that you very often visit.
I am in shock of your reach fantasies! Wow! I've never seen anything like this! I did not even know that SUCH content could be so exciting!
So, when you had fun on intime sites (you know what I mean!) I made screenshot with using my program from your camera of yours device. After that, I jointed them to the content of the currently viewed site.
Will be funny when I send these photos to your contacts! And if your relatives see it? BUT I'm sure you don't want it. I definitely would not want to ...
I will not do this if you pay me a little amount. I think $877 is a nice price for it!
I accept only Bitcoins. My BTC wallet: xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
If you have difficulty with this - Ask Google "how to make a payment on a bitcoin wallet". It's easy. After receiving the above amount, all your data will be immediately removed automatically. My virus will also will be destroy itself from your operating system.
My Trojan have auto alert, after this email is looked, I will be know it!
You have 2 days (48 hours) for make a payment. If this does not happen - all your contacts will get crazy shots with your dirty life! And so that you do not obstruct me, your device will be locked (also after 48 hours)
Do not take this frivolously! This is the last warning! Various security services or antiviruses won't help you for sure (I have already collected all your data).
Here are the recommendations of a professional: Antiviruses do not help against modern malicious code. Just do not enter your passwords on unsafe sites!
I hope you will be prudent. Bye.
Same as before but they increased the amount
I got an order from someone to kill you and your family
but I am far from your house
if you still love your family, I ask you to transfer 0.1 BTC to me.
If you report this email, I will immediately kill your family.
FORWARD THIS MAIL TO WHOEVER IS IMPORTANT IN YOUR COMPANY AND CAN MAKE DECISION!
We Hacked network. We Caught Communications. We Backuped DATA And DOCUMENTS. We send this mail to you in YOUR account.
After analyzing documents. We found Illegal activity - HIDING TAXES.
That we want?
I want two (2) Bitcoin To wallet Bitcoin. 1Dz7DbQmE7SNm3C5mb9syPcctgZECcCEbL
That we do if you don't pay bitcoin?
We send these Documents and Proofs to your Tax Department.
And in this time Your network will be DDoS. Read that in this link https://en.wikipedia.org/wiki/Denial-of-service\_attack
We are locking your operation system. Our friends, WannaCry, ready start and waiting command. Read that in this link https://en.wikipedia.org/wiki/WannaCry\_ransomware\_attack
This is our guarantee, that you don't clean evidence and building a protection policy.
If you don't pay by in 7 days, attack will start.
Attack including.
1.DDOS 2.Locking operation system 3.Sending all documents in Tax Departament
Yours service going down permanently and price to stop will increase to Four (4) BTC, Price will go up one (1) BTC for every day of the attack.
This is not a joke.
Our attacks are extremely powerful - sometimes over 1 Tbps per second. And we pass CloudFlare and others remote protections! So, no cheap protection will help.
Prevent this problem all with just Two (2) BTC Pay to our wallet Bitcoin. 1Dz7DbQmE7SNm3C5mb9syPcctgZECcCEbL
AND YOU WILL NEVER AGAIN HEAR FROM US!
If you read, hear fake-experts and assure yourself that this is not true. Remember that they are not responsible and your life don't important him. Their business is to speak and make money. Your business to do and make money and stay freedom.
All mistakes in text we do specily.
Bitcoin is anonymous, nobody will ever know you cooperated.
Time started after open this mail. To track the reading of a message and the actions in it, I use the facebook pixel. Read that in this link
Hello!
I am a hacker who has access to your operating system.
I also have full access to your account.
I've been watching you for a few months now.
The fact is that you were infected with malware through an adult site that you visited.
If you are not familiar with this, I will explain.
Trojan Virus gives me full access and control over a computer or other device.
This means that I can see everything on your screen, turn on the camera and microphone, but you do not know about it.
I also have access to all your contacts and all your correspondence.
Why your antivirus did not detect malware?
Answer: My malware uses the driver, I update its signatures every 4 hours so that your antivirus is silent.
I made a video showing how you satisfy yourself in the left half of the screen, and in the right half you see the video that you watched.
With one click of the mouse, I can send this video to all your emails and contacts on social networks.
I can also post access to all your e-mail correspondence and messengers that you use.
If you want to prevent this,
transfer the amount of $500 to my bitcoin address (if you do not know how to do this, write to Google: "Buy Bitcoin").
My bitcoin address (BTC Wallet) is: x
After receiving the payment, I will delete the video and you will never hear me again.
I give you 50 hours (more than 2 days) to pay.
I have a notice reading this letter, and the timer will work when you see this letter.
Filing a complaint somewhere does not make sense because this email cannot be tracked like my bitcoin address.
I do not make any mistakes.
If I find that you have shared this message with someone else, the video will be immediately distributed.
Best regards.
Hey, I know your password is:
Your computer was infected with my malware, RAT (Remote Administration Tool), your browser wasn't updated / patched, in such case it's enough to just visit some website where my iframe is placed to get automatically infected, if you want to find out more - Google: "Drive-by exploit".
My malware gave me full access and control over your computer, meaning, I got access to all your accounts (see password above) and I can see everything on your screen, turn on your camera or microphone and you won't even notice about it.
I collected all your private data and I was spying on you, I RECORDED (through your webcam) embarrassing moments of you, you know what I mean!
After that I removed my malware to not leave any traces.
I can publish all your private data everywhere and I can send the videos to all your contacts, post it on social network, publish it on the whole web, including the darknet, where the sick people are!
Only you can prevent me from doing this and only I can help you out in this situation.
Transfer exactly 1200$ with the current bitcoin (BTC) price to my bitcoin address.
It's a very good offer, compared to all that horrible shit that will happen if I publish everything!
You can easily buy bitcoin here: www.paxful.com , www.coingate.com , www.coinbase.com , or check for bitcoin ATM near you, or Google for other exchanger. You can send the bitcoin directly to my address, or create your own wallet first here: www.login.blockchain.com/en/#/signup/ , then receive and send to mine.
My bitcoin address is:
Copy and paste my address, it's (cAsE-sEnSEtiVE)
I give you 3 days time to transfer the bitcoin!
As I got access to this email account, I will know if this email has already been read. If you get this email multiple times, it's to make sure you read it and after payment you can ignore it. After receiving the payment, I will remove everything and you can life your live in peace like before.
Next time update your browser before browsing the web!
НЕLLО!
I’m going to cut to thе chӓsе.I know ӓbout thе sеcrеt you ӓrе kееping from your wifе.Morе importӓntly,I hӓvе еvidеncе of whӓt you hӓvе bееn hiding.I won’t go into thе spеcifics hеrе in cӓsе your wifе intеrcеpts this,but you know whӓt I ӓm tӓlking ӓbout.
You don’t know mе pеrsonӓlly ӓnd nobody hirеd mе to look into you.Nor did I go out looking to burn you.It’s just your bӓd luck thӓt I stumblеd ӓcross your misӓdvеnturеs whilе.I thеn put in morе timе thӓn I probӓbly should hӓvе looking into your lifе.Frӓnkly,I ӓm rеӓdy to forgеt ӓll ӓbout you ӓnd lеt you gеt on with your lifе.And I ӓm going to givе you two options thӓt will ӓccomplish thӓt vеry thing.Thosе two options ӓrе to еithеr ignorе this lеttеr,or simply pӓy mе $822.Lеt’s еxӓminе thosе two options in morе dеtӓil.
Option 1 is to ignorе this lеttеr.Lеt mе tеll you whӓt will hӓppеn if you chosе this pӓth.I will tӓkе this еvidеncе ӓnd sеnd it to your wifе. And ӓs insurӓncе ӓgӓinst you intеrcеpting it bеforе your wifе gеts it,I will ӓlso sеnd copiеs to hеr friеnds ӓnd fӓmily.So,Evеn if you dеcidе to comе clеӓn with your wifе,it won’t protеct hеr from thе humiliӓtion shе will fееl whеn hеr friеnds ӓnd fӓmily find out your sordid dеtӓils from mе.
Option 2 is to pӓy mе $822.Wе’ll cӓll this my ‘confidеntiӓlity fее.’Now lеt mе tеll you whӓt hӓppеns if you choosе this pӓth.Your sеcrеt rеmӓins your sеcrеt.You go on with your lifе ӓs though nonе of this еvеr hӓppеnеd.Though you mӓy wӓnt to do ӓ bеttеr job ӓt kееping your misdееds sеcrеt in thе futurе.
At this point you mӓy bе thinking,‘I’ll just go to thе cops.’Which is why I hӓvе tӓkеn stеps to еnsurе this lеttеr cӓnnot bе trӓcеd bӓck to mе.So thӓt won’t hеlp,ӓnd it won’t stop thе еvidеncе from dеstroying your lifе.I’m not looking to brеӓk your bӓnk.I just wӓnt to bе compеnsӓtеd for thе timе I put into invеstigӓting you. $822 will closе thе books on thӓt.
Lеt’s ӓssumе you hӓvе dеcidеd to mӓkе ӓll this go ӓwӓy ӓnd pӓy mе thе confidеntiӓlity fее.In kееping with my strӓtеgy to not go to jӓil,wе will not mееt in pеrson ӓnd thеrе will bе no physicӓl еxchӓngе of cӓsh.You will pӓy mе ӓnonymously using bitcoin.If you wӓnt to kееp your sеcrеt thеn sеnd $822 in bitcoin to thе Rеcеiving Bitcoin Addrеss listеd bеlow.Pӓymеnt must bе rеcеivеd within 1 dӓys of thе post.
You should mӓkе ӓ trӓnsӓction of using bitcoins (cryptocurrеnsy): x
[Bitcoin dеtӓils]
Tеll no onе whӓt you will bе using thе bitcoin for or thеy mӓy not givе it to you.Thе procеdurе to obtӓin bitcoin cӓn tӓkе ӓ dӓy or two so do not put it off.Agӓin pӓymеnt must bе rеcеivеd within 1 dӓys of this lеttеr’s post mӓrkеd dӓtе.If I don’t rеcеivе thе bitcoin by thе dеӓdlinе,I will go ӓhеӓd ӓnd rеlеӓsе thе еvidеncе to еvеryonе.If you go thӓt routе,thеn thе lеӓst you could do is tеll your wifе so shе cӓn comе up with ӓn еxcusе to prеpӓrе hеr friеnds ӓnd fӓmily bеforе thеy find out.Thе clock is ticking.
And here are some common keywords used in the email so that this thread can be found by people Googling the email:
"Marlware, international hacker group, No‌ p‌erso‌n has co‌mp‌ensat‌ed, very o‌wn vid‌eo‌ cli‌p, software on the adult, porno sitio, one of your pass word, .br, specific pixel, sexual content web portal, a malware on the adult, a malware on the, double-screen, is a reasonable price tag for our little secret, you have a good taste lmao, I placed a malware on the adult vids, your browser began operating as a RDP, had been abusing yourself in front of computer display, you are one of those people that downloaded the malicious, I made a split-screen video, While you were watching the video, your web browser acted as, malware on the porn website and guess what, an unique pixel, you jerked off while watching an online video, When you pressed the play button the virus begins saving all the things thru, ja.scr, My malicious soft started your front cam, and also send the video link to all of yourfriends, I infected your gadget with a malware and now, AnywaysI downloaded all contacts, my program quickly got into your system, To a time where you jerk off watching","For the present moment I have at my disposal all, When you arouse sexually watching porno, In such a way all needed compromising material and contact, All information to yours SNSs user accounts, You watched sexual content portal and toss","Hello! WannaCry is back! All your, in front of the screen browsing adult stuff, As you flog the dummy watching, U are going to be offered 5 days after checking this notice, RAT 68006, the damnific malware, pastime and entertainment there, not my single victim, beat the dummy, buff the muffin, choke a chicken, front camera capturing video, with you frigging, with you chaturbating, with you masturbating, web digicam, U are going to have 5 dayss, i utilize just hacked wi, pressured this trojan to, glue a pair of videos, glue two videos, the RAT, if you want me to destroy this whole video, downloaded all contacts from your computer, your list of contacts or relatives will, I made a video that shows how you masturbate, hacked you through a virus in an ad on a porn website, my illiteracy, nоt mind on my illiterаcy, I рilfered all рrivy bаckground, videоtaре with yоur masturbаtion, my delеtеrious soft, cаmеra shооt the videоtaрe, you sеlf-аbusing, Differently I will send the video to all your colleagues and friends, your front-camera made the videotape with you self-abusing, RAT 98390 malware, the minute you went to one adult page, information to contact info I discovered on your devices and remember there is a lot of these, not including Double VPN As a result, I forced my malware to hook up to a mic, web camera and catch the video from it, poisoned a number of adult sites, video clip to fit on a single tv screen, This letter has invisible monitoring program inside and i will be aware of when you are going to check, doing ur stuff and a clip u jerked to, the investigation will last, I uploaded our malicious program on your device, furthermore malware saved exactly the video you chose, its a record with your wanking, friends will see u taking proper care of yourself, Your system is controlled by the malicious program, If you were more careful while playing with yourself, that whacking off to adult web-sites is, adult website which was poisoned with my malware, nor i think that jerking off to porn sites is really a gross thing, so I dgf lmao, proof just reply to this email with, if you want me to destroy all this compromising evidence, will send your video to 5 contacts, amount in Usd that can cope with this scenario, You are welcome to contact your local authorities, If you want proof, reply with, i pride myself in being apart of an internet group, so i dgf, I take good care of my being anonymous, information related to the RAT virus, been able get in to all ur units, to all of your contacts including, search engines like goo, case sensitive, so copy,, and at this moment I, It is a non-nego, don't waste my perso, thi s mes, back while visiting, showe ring, what should you do ?, porno webpage, this embarrassing situation, navigated to the page, bare-assed, on well-known websites and publications, I got an order from someone to kill you and your family, immediately kill your family, is an explosive device, My mercenary is, explosive device detonates, triggered your webcam, piquant websites, my exploit downloaded, replenish btc wallet, i‌nstanta‌neo‌usly ‌erase, actua‌l r‌eco‌rded ma‌t‌eri‌al, n‌egl‌ect this ‌ema‌i‌l, my RAT trojan, video you jerked, I used keylogger, your disk dump, malware intercepts, installed a malware, remo‌v‌e yo‌ur vi‌deo‌ fo‌o‌ta‌ge, RAT onto your computer, greasy stimulating actions, excentric preferrables, porn web-page, to your Tax Department, network will be DDoS, friends, WannaCry, building a protection policy, in Tax Departament, Yours service going, we pass CloudFlare, hear fake-experts, backuped phone, -1663, of your joys, digits your phone, (porno), BIG pervert, both files and scale, naughty video clips, Soy un hacker, I installed spyware, n website with teen, malware on the porn website, very own recorded material""Marlware, international hacker group, No‌ p‌erso‌n has co‌mp‌ensat‌ed, very o‌wn vid‌eo‌ cli‌p, software on the adult, porno sitio, one of your pass word, specific pixel, sexual content web portal, a malware on the adult, a malware on the, double-screen, is a reasonable price tag for our little secret, you have a good taste lmao, I placed a malware on the adult vids, your browser began operating as a RDP, had been abusing yourself in front of computer display, you are one of those people that downloaded the malicious, I made a split-screen video, While you were watching the video, your web browser acted as, malware on the porn website and guess what, an unique pixel, you jerked off while watching an online video, When you pressed the play button the virus begins saving all the things thru, ja.scr, My malicious soft started your front cam, and also send the video link to all of yourfriends, I infected your gadget with a malware and now, AnywaysI downloaded all contacts, my program quickly got into your system, To a time where you jerk off watching","For the present moment I have at my disposal all, When you arouse sexually watching porno, In such a way all needed compromising material and contact, All information to yours SNSs user accounts, You watched sexual content portal and toss","Hello! WannaCry is back! All your, in front of the screen browsing adult stuff, As you flog the dummy watching, U are going to be offered 5 days after checking this notice, RAT 68006, the damnific malware, pastime and entertainment there, not my single victim, beat the dummy, buff the muffin, choke a chicken, front camera capturing video, with you frigging, with you chaturbating, with you masturbating, web digicam, U are going to have 5 dayss, i utilize just hacked wi, pressured this trojan to, glue a pair of videos, glue two videos, the RAT, if you want me to destroy this whole video, downloaded all contacts from your computer, your list of contacts or relatives will, I made a video that shows how you masturbate, hacked you through a virus in an ad on a porn website, my illiteracy, nоt mind on my illiterаcy, I рilfered all рrivy bаckground, videоtaре with yоur masturbаtion, my delеtеrious soft, cаmеra shооt the videоtaрe, you sеlf-аbusing, Differently I will send the video to all your colleagues and friends, your front-camera made the videotape with you self-abusing, RAT 98390 malware, the minute you went to one adult page, information to contact info I discovered on your devices and remember there is a lot of these, not including Double VPN As a result, I forced my malware to hook up to a mic, web camera and catch the video from it, poisoned a number of adult sites, video clip to fit on a single tv screen, This letter has invisible monitoring program inside and i will be aware of when you are going to check, doing ur stuff and a clip u jerked to, the investigation will last, I uploaded our malicious program on your device, furthermore malware saved exactly the video you chose, its a record with your wanking, friends will see u taking proper care of yourself, Your system is controlled by the malicious program, If you were more careful while playing with yourself, that whacking off to adult web-sites is, adult website which was poisoned with my malware, nor i think that jerking off to porn sites is really a gross thing, so I dgf lmao, proof just reply to this email with, if you want me to destroy all this compromising evidence, will send your video to 5 contacts, amount in Usd that can cope with this scenario, You are welcome to contact your local authorities, If you want proof, reply with, i pride myself in being apart of an internet group, so i dgf, I take good care of my being anonymous, information related to the RAT virus, been able get in to all ur units, to all of your contacts including, search engines like goo, case sensitive, so copy,, and at this moment I, It is a non-nego, don't waste my perso, thi s mes, back while visiting, showe ring, what should you do ?, porno webpage, this embarrassing situation, navigated to the page, bare-assed, on well-known websites and publications, I got an order from someone to kill you and your family, immediately kill your family, is an explosive device, My mercenary is, explosive device detonates, triggered your webcam, piquant websites, my exploit downloaded, replenish btc wallet, i‌nstanta‌neo‌usly ‌erase, actua‌l r‌eco‌rded ma‌t‌eri‌al, n‌egl‌ect this ‌ema‌i‌l, my RAT trojan, video you jerked, I used keylogger, your disk dump, malware intercepts, installed a malware, remo‌v‌e yo‌ur vi‌deo‌ fo‌o‌ta‌ge, RAT onto your computer, greasy stimulating actions, excentric preferrables, porn web-page, to your Tax Department, network will be DDoS, friends, WannaCry, building a protection policy, in Tax Departament, Yours service going, we pass CloudFlare, hear fake-experts, backuped phone, -1663, of your joys, digits your phone, (porno), BIG pervert, both files and scale, naughty video clips, Soy un hacker, I installed spyware, n website with teen, malware on the porn website, very own recorded material"
submitted by EugeneBYMCMB to Scams [link] [comments]

How crazy is this? (A protocol for metadata obfuscation)

Alice and Bob want to have a private conversation but they also don't want anyone to know they're talking to each other.
I'm assuming that they can use some public key cryptography protocol that's sufficient to ensure their conversation is indeed private. Alice encrypts her messages using Bob's public key, and her encrypted messages can only be decrypted with Bob's private key.
But what about the metadata, ie the who/what/when/where information that we now know is collected routinely by the NSA, and which allows an adversary to determine that Alice and Bob are in communication?
As I understand it, there are several more or less practical ways to obscure the metadata -- including the identity of the intended recipient -- of Alice's and Bob's messages. These methods include steganography, TOpluggable transports, anonymizing email services and metadata encryption. But all of these approaches have weaknesses (eg trust issues, the existence of a central point of attack, susceptibility to traffic analysis), and as long as Alice's messages are ultimately being delivered to Bob (and vice versa), then any adversary who could discover this would know that Alice and Bob were in communication.
But what if Alice sent her encrypted messages not only to Bob, but to everyone ( * )? And everyone received them ( ** )? Public key encryption would ensure that only Bob would be able to actually decrypt and read the message, and meanwhile even an adversary with complete access to the entire network between Alice's and Bob's machines would still be unable to determine which particular instance of 'everyone' was the intended recipient. In other words, from the outside, an adversary would not be able to determine who Alice was talking to.
( * ) 'Everyone' here means 'everyone who's participating in this protocol'. Obviously, as with TOR, the more participants the better. This protocol would be trivially useless with only two users. But even three users would provide some protection. (Is Alice talking to Bob or to Carol?) And it would work a whole lot better if Bob were literally one in a million.
( ** ) Or rather: everyone's machine/device automatically received them. Each machine/device would then attempt to decrypt all incoming messages, and non-decipherable messages would automatically be discarded(***). The user would only be notified if the message was in fact for them.
(***) Or, more efficiently, be forwarded to a swarm of peers in a process that would be analogous to seeding a torrent.
If widely adopted, a protocol like this would presumably generate an insane amount of network traffic. Perhaps it might place an impossible, exponentially growing burden on the internet's infrastructure? I dunno. I also don't know if this could be mitigated by having each message be 'broadcast' using a P2P-like protocol? In any case, it's also going to be very resource intensive for every participating machine/device -- but then again, doesn't everyone who isn't mining bitcoins usually have countless unused CPU cycles on their machines?
Speaking of massive waste... you could also use this protocol to conceal the identity of the sender if everyone's device was set to automatically generate and send out a continual stream of dummy encrypted messages. And again, perhaps the absolute number of dummy messages could somehow be managed by recycling discarded messages back out into the swarm. (Even if this is possible, I think this kind of recycling would have to be done carefully, but I don't want to get into the details here.)
So what do you guys think? Is it so crazy it just might work? Or just plain crazy? Am I mischaracterizing the problem or the solution or missing some really obvious flaw?
submitted by the_man_in_pink to privacytoolsIO [link] [comments]

Lessons learned - Crypto and Divorce - In January I was a millionaire thanks to BTC, then my wife divorces me and now I have $30,000 AMA

Crossreferencing u/nanoissuperior He wrote earlier today: https://www.reddit.com/CryptoCurrency/comments/a3n6uw/in_january_i_was_a_millionaire_thanks_to_nano_now/
Title: In January I was a millionaire thanks to Nano, now I have $25,000 AMA

I was replying to his post, but my reply ended up being a bit too large as a reply and steered off-topic, albeit an interesting one. So I decided to make it its own post, because there may be a good lessons to be learned and hoping some will come forward with good information to be shared.
I hope it can help anyone on this sub avoid the costly mistakes that I made. Here it goes: FLAIR: LEGAL (not in the list)
----
u/nanoissuperior are you who I think you are? I won't give out any further identifying clues, but I happen to know someone in the exact same position that could have written that exact same headline. If you read the first paragraph, you'll know if you know me.
The person I know bought Nano really early, based on a tip from a friend. I got in much later. By the time he told me it had already spiked to the $5 range, when I ended up buying. I then sold in the $20's so it was a good buy nonetheless. We were former colleagues at a large, large software company somewhere in the PNW, I left the company to venture out on my own and try to launch some projects I had in mind and relocated overseas for a few years. We lost contact with each other during my time away, but we connected again during the market runup and started exchanging coin information on a daily basis during the big bull run of late 2017. That was a crazy time.... the market trend was a few degrees short of vertical for pretty much all coins!

Hey, guess what? Now that I think about it, I could have written that same headline myself! In January 2018 I was a Millionaire too! Not with Nano, but thanks to purchasing a good chunk of Bitcoin in 2011 at $1.20 each. I ended up a single digit millionaire with what I had left in Bitcoin around January of 2018.
And, just like you, today, from all that wealth, I have about $30.000 left, with little to show for. Can we call that even? Although my disaster was not caused entirely by market fluctuation; Mine is a more complex story and I am going to mention it, because hopefully, it could serve as a lesson to be learned for any crypto holder out there, so they don't make the make mistake I made: Don't trust anyone. Always be skeptical and watch out for your own interests. Anyhow, here it goes:
After 5 years overseas, I had enough and wanted to come back to the States. My wife stated her preference to stay abroad, but eventually, she conceded albeit reluctantly. We chose a small town in CO to settle, and landed in November of 2017. We had plans to settle down and considered purchasing a home with my/our new fortune, based on the market price during that period. At the same time, I was also hesitant about the inherent tax payments due caused by such large liquidation. I was trying to have to pay taxes as far away as possible. So, I decided to wait till New Year's Eve and started liquidating my crypto on January 1st, 2018 right after midnight. This way, I would have 16 months (till April, 2019) to pay any capital gains taxes, and I was confident at the time that the market would give me that for free, especially at the pace that it was going. I have been an early adopter and have since then acquired the high levels of verification and trading limits per week, with many exchanges, but for a large sum like this, I needed several separate transactions, over the course of several weeks, especially wanting to do it with a US-based exchange that was linked to a US bank accounts, to avoid overseas wire transfers, meaning more fees. (Yes, I did look at all OTC options, but for reasons not relevant to the story, I couldn't make it happen, so I had to use the traditional Exchange channels for asset liquidation).
My wife and I, initially had some fundamental disagreements on the gross amount to be spent and the type of property we should be purchasing. I wanted a smaller place, with a denser, younger community, where there'd be kids our son's age for him to play. She insisted that we should go big; we had been traveling for so many years, and we had not been able to call any of our past residences our home. It was time to settle and nest; She convinced me that we should own a property of our own that we would be proud of living in for years. One that we could own outright and would not easily outgrow. We ended up splurging and purchased in cash two luxury cars for ourselves and set our sights on a large dream house in the city's Golf & Country Club, free and clear, for us and our two kids. I don't even play golf, nor do I even like it, but, if it makes her happy and it is within the safe margins of making it happen, I figured, why not? My concerns were largely financial and the numbers were adding up. It was a bit tight against my personal safe margins, but, at the same time, I was imagining to never have to make, or even have to think about, a car or home mortgage payment ever again! Bitcoin is on a roll and there is no sign of it stopping. Fine. Let's do it, before I change my mind.
Now, I admit I was extremely lucky with choosing the time of when to sell the assets. I had no clue the market would take a dive in February, and so it seemed to many that I had timed the market perfectly, selling most of my coins in the first two weeks of January of 2018. Many called me a genius for selling at the very top, as if I had some sort of wisdom to know when it would drop; the truth is much less flattering; it was nothing but dumb luck, based on me wanting to pay taxes in 2018 and defer to 2019. Awesome, well done! Yeah? well, slow down, son, not so fast.
So, I gather the 7-digit lumpsum in January 2018 and we write a check for the full amount at closing in February on the property of her dreams. A property that could easily be showcased on a luxury Real Estate magazine cover. Also, remember we had just moved back to the United States with just a few suitcases each from overseas. We had no furniture, kitchenware, curtains, TV's, bed sheets, winter clothing and so many other essential things that one usually purchases over time, but which we now had to purchase all at once. Not a problem, Bitcoin had dropped slightly but still well above $15k, I believe, at the time. And, earlier, in January, I had diligently taken this expense into account and effortlessly set aside a small fortune for equipping such a large house with everything we would ever need, brand new. It seemed we were protagonists of one of the Home Makeover Shows.
Finally, after working day and night, prepping the house non-stop for days and when every piece of furniture had finally arrived, been unpacked and carried to its corresponding room, it seemed most of the essentials were in place and the hard work was done. I longed for pouring myself a Scotch and to finally sit down and enjoy the fruits of my labor. I head downstairs to the dedicated walk-in, cigar-humidor / wine / Scotch cellar in the basement and grab the better bottle of Whisky of the few bottles of Scotch that I had bought earlier in the week. On my way up, I remember feeling a sense of calm, combined with a glow of excitement and this undescribable profound inner peace, all at once. This was such a rare, natural, non-drug induced high that I had never experienced. It felt so good! This sense of accomplishment of achieving that one thing I had been chasing and longing for my entire life. I had expected I would be chasing this goal for the next 15-20 years, and yet, here it was. No, where I was, was even better than expected! A place where not even my parents, who still have to make their monthly mortgage payments. I had done it! With a smile from ear to ear, I take a deep breath of relief and while looking around the property, I think to myself: "It's perfect, everything is in place and I can finally call this our home. We are so lucky and we are going to live a great life. A life that few can only dream of. So many concerns will be lifted and become redundant. Everything will be better. I'll start a fire in one of our two fireplaces and I am going to begin enjoying my semi-retired life with the first sip of my drink. That will be the official start of our new life".
I head over to the kitchen to get a glass and some ice cubes, while I struggle to find which one is the freezer among the many drawers in the kitchen. It was then when I notice a handwritten note placed front and center on the kitchen counter. It is from my wife and read: "There is no easy way to say this, so I am just going to say it..... I want to legally divorce [ ...]". It continued saying that she had taken our son, and had unequivocally decided to leave me. She had already filed the paperwork for divorce and that I should expect to be served in the morning.
My bliss had lasted less than 5 minutes and in less than two seconds, it turned dark, somber and I saw it all crumbling down in front of me. Like a long-awaited rocket launch, years in preparation, which then unexpectedly explodes on the launch pad during the countdown. My stomach, heart and everything in my body just sank and melted into one ball of poison in my core. I felt like throwing up. I was completely blindsided; she had played the game all along, not giving me the slightest hint of what was being concocted in the background. She had already engaged with her lawyers weeks beforehand. Her mother was already in town from another state to help out with I don't know what. I had been gaslighted and was threatened by her that I needed to see a psychiatrist due to a change in my temper that I had supposedly developed - my temper was awesome: with BTC at that price? Everything was perfect! But I obeyed and went anyhow (this would later fit her story that she had to leave with the child because she feared for her safety due to my supposed temper for which I was under treatment, therefore, I must have this temper problem, see?). Also, the purchase of the overpriced home also seemed clearly premeditated: Price was the main driver of the decision making; not location, demographics, taxes, etc. It was the wrong neighborhood for us (people much older than us, retired, golfers and no kids the same age as our son to play with). Our house happened to also be the most expensive in the neighborhood. I can see it all so clearly now.
See, your crypto coins on the blockchain, are not within the US court's jurisdiction (or, at least, it's quite debatable - a gray area - ask me for the seed and I can tell you that I may have the seed, or that I may not have the seed, I may have the wrong seed, I may have forgotten it, I may have lost it - you can't prove I did not forget, or lost it, etc). However, once it is in FIAT in a bank, or invested in a property, the courts can rule on the asset(s), freeze, disburse or order a sale of the property, etc. It's done all the time.
Also, the coins were technically mine, and by definition private property (not to be divided during the divorce) as they were acquired before the marriage. I could not prove its origins (I bought many of them via direct messaging members on Bitcointalk.org and mining rather than exchanges, so no records, receipts or nothing to prove otherwise: the big exchanges like BitStamp and Coinbase didn't start operations till 2013, if I m not mistaken. Instead, I would talk to one of the forum members offering coins we'd agree on a price, I'd send a check to wherever the individual seller instructed me to (Russia, Bulgaria, Japan, UK. etc) and the coins would be deposited to whatever address I provided. Yes, it was quite crude at the time.
However, once I converted my coins to cash and used that cash to buy a property for the benefit of the family, it became common property and thus she then had rights to a portion of it when divided between the two parties should a divorce occur - which ended up being almost 3/4 of all assets.
I was robbed in broad daylight. By the one person, I trusted with my life. The one you should trust with your life. Your life partner. And while I was in complete denial, trying to bargain, I waited too long to obtain good legal representation. When I finally ended up getting a lawyer, I was quite distraught and I clearly did not do the proper research and this resulted in a less than stellar performance and detrimental to me at many key steps in the process. I had to switch legal representation right before mediation and I can't blame my new lawyer either, as (s)he did not have the required time to catch up on all the details, (s)he did his/her best, but I was ultimately strongarmed into conceding my soon-to-be-ex-wife to let her return to the house, in exchange to obtain 50% of my son's custody, with serious and strict clauses I had to abide by. So, I had to move out, find a hole in the wall in a student apartment, pay my rent and pay our kids pre-school, while she lives grandiose, without monthly payments in the country club, till the house sells, which will likely be in the spring of next year. Nice!
Due to my delay, legal mishandling and somehow every other element in her favor, she inexplicably ended up with around 3/4 of the worth of all assets, free and clear, no taxes due. Mind you, she has never financially contributed, nor made a single $ during our entire marriage. She has never worked and had $0 in her pocket when we married. She didn't even have a checking account, well in her thirties. She is no dummy; she is street smart, knows how to manipulate people, get her way with flirting and charm, while I am more intellectual and book smart. and She beat me hands-down. She is walking away with a sum of, not quite 7 figures, but close.
With what I am left with from the sale of the house, I am responsible to pay for all the capital gains taxes from the liquidation to the IRS, which are due in April 2019. I don't expect there to be more left over than the estimated $30k mentioned above.
Hate the market all you want, I made peace with the market and am keeping busy at hating my ex for a while for putting me in the same situation. She tripped me 1 yard before the finish line and pushed me in the prickly bushes, to cross it by herself. Go figure. When I am done hating her, I'll get back to rebuilding my life again from scratch. I am not worried, I have done it before. Just pissed, I was so close and that I was so naive to not see it coming.
Sorry, I am not meaning to hijack the thread, just wanted you to know that others may have lost more than just "free" money; money we didn't really have to work for. We were the lucky ones. It is what I keep telling myself to stop me from jumping off a bridge.
PS - Woah: Sorry for the wall of text; I was just going to write the first paragraph and ended up venting about my current situation. I know, I should take this issue to /depressed, /exes or /whereisthenearestbridgeIcanjumpfrom.
Hopefully, this can be a lesson to those holding crypto and some can learn what NOT to do. I learned the hard way and was left with nothing. Don't be a nice guy. Don't trust anyone with your crypto. Anyhow, I am sure either our vigilant subreddit bot, or one of the mods will remove my post for not adhering to rule, and if not, I am sure that you fine people will downvote me to hell. Go ahead. Take away from me the little Karma I left too! Thanks!

I learned many lessons, but here are some key ones [IANAL - any crypto-educated AL opinion appreciated here, thanks] :
- Understand the concept of private property - property you acquire before getting married. INAL - this depends on the state legislation, but it is hard to prove with crypto, especially if you obtained your crypto through foreign exchanges, outside of legal jurisdictions, the petitioner might not understand or willing to invest in obtaining subpoenas and requests to businesses operating overseas, as this may result costly.
- Get a lawyer who understands, or is willing to understand crypto, its benefits of being somewhat unreachable and how that can work for you. Don't let them shortchange you with: "well, let's just convert the rest to cash, because that I understand" type of reasoning.
- If you do go to mediation, the above applies as well. This arbitrator or mediator needs to be one that understands the intrinsic details of crypto - for example, during the ATH, I bought 6 digits worth in $USD of Stellar. I used the very first version of the software, supporting Stellar on my hardware device, and put it all in a cold storage wallet somewhere around January. I routinely checked on my coins on the blockchain and they are there. A few months later, I try to access my account and the device returns a different public address, which contains 0 funds. I am still trying to debug this issue with the manufacturer, but the fact is that I was accused of hiding these coins or negligence and was demanded that I paid half of what was lost. or not lost, out of my pocket for money that I didn't have access either. I tried to explain it in the simplest terms, there are risks involved with using first come software. There is no 1800 number, mo tech support. no CEO, no, you can't call the BBB and complain, etc and no one seemed to be able to understand, nor willing to either. It became a huge roadblock for which I had to concede, not cash, but a concession, I was not wanting to concede. The petitioner leaned on the fact that I was either wilfully cheating or stupid enough to lose the coins and managed to create enough doubt in my character and integrity and there was nothing rational I could explain that she, or anyone else in the room would understand. Perhaps mutually contracting a seasoned crypto expert that can offer a neutral view and give his/her opinion might be worth considering. Andreas, where were you when I needed you? :)
- Other examples were some coins I had bought in 2012 and gifted to some of her family's kids. I was holding these, till they would turn 16 for them to pay themselves their college, or so I told them. These coins were demanded back by the petitioner. Ok, I suggested that I would send them, but with a CHECKLOCKTIMEVERIFY value with a block height of let's say,10 years from now, out of fear that she would spend the coins and the kids would never know (they are toddlers). No one understood what I was talking about, I was made out the crazy one, I gave up, sent her the coins, unlocked and, just as I expected, within 20 minutes of receiving them, she spent $1200 worth of it (for a flight, I think). If you are the only one speaking your language, no one is willing to listen or make an effort to understand you.
- It appears my coins were private property, which means, that I acquired them before the marriage and in case of divorce, if I have not moved them or used them for the common good of the marriage, then they remain mine. However, I liquidated them and cash ended up in my checking account to be used to buy groceries, cars and eventually a house, and it is then that they became common property. Only once they landed in my checking account on which she is named on. It appears that had I taken proper legal precautions with documentation, or a company/trust, where that money would have gone, instead of my checking accounts, elsewhere, I would have still been able to be the legal proprietor of the resulting cash. I can't quite remember the details, but it as something that was explained to me afterward, and I honestly think I just tuned it out, because it made me sick to know I could have held on to my wealth. Perhaps a lawyer can chime in? Again, much of the lack of information and every misstep taken was because of dealing with people that are accustomed to traditional assets and will not deviate from it. Crypto is different and is treated differently. It is so important to know the strengths and weaknesses when going into litigation about something that people don't understand.
- Some more I can think of, but this post is getting way out of hand in size. Feel free to comment/suggest your own and I'll add more to the comments.

Credits to: u/nanoissuperior Thanks for your post, it inspired me to write this one. Anyone, any karma you feels needs to go his way, for providing the source of inspiration, please give to O-OP.

TL;DR: Wife, having contributed $0 during entire marriage, waited until I cashed out all my crypto at the top of the bull market in January 2018, for a nice seven-figure amount, and then immediately divorced me for the money.

Edit: added TL;DR
submitted by mijalis to CryptoCurrency [link] [comments]

Playkey is looking for miners on a commercial basis

We are ready to scale up our decentralized cloud gaming platform and are inviting miners to join us on a commercial basis. Based on our estimations, owners of mining hardware will be able to make up to six times more money from renting out hardware for gaming instead of mining.
Mining crypto currency with GPU farms is no longer as profitable as it used to be. Bitcoin, Ethereum, Litecoin and other currencies are also falling in popularity. Whattomine.com estimates that a single mining machine can generate up to $15/month, whereas with Playkey once you go through the approval process we would pay you $50/month for a similarly spec’d machine.
This will greatly benefit players, as it allows to lower the gaming latency, especially for the Eastern Russia. We plan to connect miners across Russia as well as other countries, so that players would no longer have to worry about the location of the main data centers.
In order to participate in the commercial testing miners should fill in the application at https://playkey.io/en/miners/. Afterwards, the instructions on how to join will be sent out to the email provided.
How much, when and how you will get paid for renting out your PC:
  1. During the beta stage the reward is $50 per virtual machine (for a 30 day period).
  2. We pay the reward after 30 days of your machine being connected to the service.
  3. The payout options are diverse and you can choose one according to your preferences and legal status. Here are the options:
  1. In order to receive your reward and request a payout, email us at support_[email protected] after 30 days of being connected to Playkey. Use “Payout request” as your email subject.
What are the system requirements?
  1. A stand-alone PC
  2. Minimal requirements:
  1. An 8 Gb flash drive for the initial unfolding
  2. Wired 50 Mb/s or faster Internet connection
  3. HDMI dummy plug or a connected HDMI display.
This is an open beta test, so there is a chance that some unexpected situations may occur. We will work out solutions as we go. After all, we could be the very first decentralized cloud gaming platform that enables users to rent out their hardware and get paid for it. This is a challenging task as much as it is something to be proud of. Let’s figure it out together. Join us!
submitted by memprojek2e to Playkey [link] [comments]

Thanks for the taxes. We don't give a fuck about your business

This is an all-too-familiar sentiment from government to Canada's startup (specifically bitcoin-startup) community.
On March 27th, 2020 the Prime Minister proudly announced a $40,000 government backed loan.
"For small businesses, there's a $40,000 loan of which $10,000 will not have to be repaid if they meet certain conditions. There are many things we're doing out there with low interest or no interest loans to help businesses get through this, but the wage subsidy and the Canada Emergency Response Benefit for people who lose their jobs are going to be there to make sure that we come through this strongly." ref
Prime Minister Justin Trudeau holds a news conference while in self-isolation at Rideau Cottage in Ottawa Friday, March 13, 2020. (Fred Chartrand/The Canadian Press)
I, like many small business owners, let out a sigh of relief as we have all seen revenues vanish over the previous weeks following the necessary public health measures put into place. That $40,000 meant one more payroll run. Maybe it made up for the payables or rent that was coming due in 4 days. A $40,000 injection of "worry-about-it-later" money would mean breathing room. The equivalent of a pool noodle while wading in the middle of the ocean. Enough to keep you thinking "you can do this".
Banking is hard to come by as a bitcoin/fintech startup. We are not "welcomed into the traditional banking atmosphere with open arms" regardless of our balance sheets or longevity. Even the bank for Alberta's Entrepreneurs (which promotes their "blockchain friendliness") refuses to work with businesses that touch cryptocurrency.
Hi Adam - hope all is well. What is wrong with the markets and BTC as a safe haven ? You did mention a few months ago that we will see sub $6k soon and I wasn't sure how … well you were right. You are an Oracle.
Regarding banking - When me and [redacted ATB employee] met you, we extended the offer to help out and support your retail banking needs. You decided not to take it. I just heard back from our Compliance team that their Pause extends to all retail accounts as well. Basically, anything that touches crypto / even personal accounts is not supported right now.
Unfortunately, I can't help and I am sorry. Hopefully, if the markets turn positive / and pause is lifted / I can try to seek support for your retail and business needs. For now, it is a full stop.
I am also moving to a new role at ATB this week and not sure who would manage the crypto portfolio. I will keep you looped in.
best,
[redacted ATB employee]
So forget ATB, I thought SURELY the Business Development Bank of Canada (BDC) would be there to lend a helping hand during this unprecedented economic and health crisis. The fact that our revenue dropped nearly 70% week-over-week with the onset of the pandemic, and the fact that I have paid well into the six figures in provincial and federal taxes last year would mean that, during these hard times, Canada's Small and Medium Sized Business savior wouldn't be as prejudiced. I was wrong. One week after my application went unanswered I was put in touch with a rep through a personal connection of mine. Within minutes a chipper response pinged my inbox:
Hi Adam
Happy to try and help you. Can you send 2 years of Financial statements to me and:
How much do you need?
What are your revenue expectations during and after the crisis - do you have a budget and cashflow projections?
What would be your ball park cash burn rate per month for the next few months/
Thanks - when I get these I will see if it will be me or another colleague that will be able to help and then we will reach out to arrange a zoom chat.
Best,
Moments later, before I could prepare the info, he followed up (even threw in an emoji)
Hi Again - more info below Best
This is the latest from CRA and all the links you'll need to understand and apply😊
https://www.canada.ca/en/revenue-agency/campaigns/covid-19-update/frequently-asked-questions-wage-subsidy-small-businesses.html#h2
https://www.bakertilly.ca/en/btc/publications/taxflash-temporary-wage-subsidy-for-employers
https://www.taxtemplates.ca/wage-subsidy/
I thought we had it. I thought my country 🇨🇦 was coming to my rescue to help me and my 11-person locally-employed team pay the bills for a few more weeks. Until I received a third follow up…
Hi Adam
I just reached out to our Tech Finance Manager and unfortunately we are unable to Bitcoin clients as our board has deemed them ineligible due to potential money laundering. I am very sorry - this is news to me. Being a Crown Corp we have very strict rules. I think you can still access some Federal support though via some of the links I sent earlier.
Best Wishes to you and yours,
Potential. Money. Laundering.
You'll notice he does not ask for my documentation (FINTRAC Registration as a Money Services Business) which should be the first step to verifying that our business goes above and beyond to prevent the money laundering that they claim to be concerned about. Despite sending him our industry-leading policies and FINTRAC Registration the final response was polite but stern:
Morning - Thx for the info. Policy such as this are from the Board of Dir's and Minister of Industry. But things change - I now have hemp clients. It will take time though. When we get to the other side, I would love to have a beer with you and [redacted personal connection name] and learn more about your biz and future. I personally believe crypto will be a important solution in rebuilding the world economy.
Best,
And that was apparently that. However, you don't get to be one of Canada's leading Bitcoin ATM companies without a little bit of grit and resilience. So I tried again through conventional channels. This time the response was just as useless but even more robotic (you'll notice they spelled my last name wrong…)
Dear Mr. O`Brian,
Thank you for submitting a request for financing. After examination of your application, we regret to inform you that BDC is not able to provide financing for your business.
We understand how deeply the COVID-19 situation is affecting. However, we are unable to respond positively to your request that does not meet the eligibility criteria.
An evolving situation
As the COVID-19 situation continues to evolve, BDC's response is evolving as well and we are working closely with government, financial institutions and our partners.
Ensure that you have spoken to your primary financial institution to see if they are able to help with financing:
As you may know, additional measures to support entrepreneurs have been announced by the Government of Canada, including anew Canada Emergency Business Account as well as a SME Loan and Guarantee Program. As these programs are not administered by BDC, your primary financial institution is best suited to assess if you may benefit from these relief measures as they get deployed shortly.
For the latest updates by the Government of Canada on COVID-19, visit Resources for Canadian businesses: COVID-19.
Thank you,
This response left me frustrated. How could it not? How could our small, innovative, and incredibly compliant business not be within the "guidelines" set out by Mr Trudeau last week? My response was heated:
This is extremely frustrating.
The fact that I am denied help, despite paying 100s of thousands in taxes, is discouraging. Why do you take my tax money, but then deny my eligibility based on "crown rules". The eligibility criteria of BDC should be companies that are striving to employ local workers with cutting edge business practices and revolutionizing the world. All of which we do (and have been doing for 7 years)
I know you will cite "compliance", and yet refuse to look at my compliance manual. A policy that was written by a previous compliance officer from a schedule 1 "big 5" bank. A policy that has been approved by 2 third party auditors. A policy finalized by my Chief Compliance Officer with 10+ years as a compliance master who has prevented millions of dollars worth of fraud AND played a key role investigating.
It is disappointing to see you promoting the narrative that you are "for entrepreneurs" when in fact I have found it to be quite the opposite. We are a licensed money service business and I personally spend my time working with local authorities educating them how to prevent fraud within this space. Yet somehow I've been labeled "ineligible" for assistance when I really need it. What is the point of innovating? Is "the first guy through the wall gets the bloodiest" really the narrative you support? "Don't think outside the box because we don't like that?"
The prejudice of the BDC towards alternative financial companies is disappointing to say the least.
I would appreciate your response, though if past experience has taught me anything I know better than to expect one.
Perhaps the Canadian business environment is not one that is as friendly as you promote.
Stay healthy,
Adam
As you might have guessed this went unanswered (though the robots did manage to regurgitate the exact same original message) and here we are. My initial sentiment from the most recent response to the BDC remain. What is the point of innovating? Why do I spend tens of thousands of dollars every single year to ensure that our compliance is industry-leading? Why do I spend hours and hours working (for free) with local authorities to educate them about Bitcoin and how to prevent fraud? Why do I stretch my hand out so far only to have it slapped when I am looking for the same support everyone else is getting? I've endured years of prejudice from the traditional banking industry. I've built an incredibly successful business that exclusively employs local labour even though it would be all too "easy" to off-shore the work. We've paid our taxes, donated to the community all without the help of the bank's lending products, but being denied support relief during this unprecedented crisi due to "potential money laundering" is as prejudicial as it gets.
All of this to ask, Mr. Morneau, will these subsidies affect my taxes? I understand the economic cash injection. As a whole, I am onboard with the injection to help stimulate the economy. But we all know who will end up paying for it. We all know that money doesn't grow on trees (it's printed dummy) and that it will eventually have to be paid back in some capacity… which will eventually be through increased taxes. Taxes that hard-working citizens continue to pay every year. If only you knew how much you were contributing to Bitcoin's adoption…
Finally, dear reader, I beg you to think. Listen to my story and ask yourself "is my industry next?" "Can I trust them with my taxes… can I trust them with my money?" I fully believe what I am experiencing is a direct extension of the reason Bitcoin was created. Bitcoin exists to give its owners choice. A choice that doesn't exist with fiat money, printed at will by a centralized body of power. Right now the majority of "industry" is getting help, the government is listening to their people. I am unfortunately in the minority. My business is too edgy. My business is too "risky". My business doesn't deserve help. Will your industry, your business, your pension, your family be next?
Adam | www.bitcoinsolutions.ca
submitted by btcsolutionsca to Bitcoin [link] [comments]

Dxchain Alkademy - All about Mainnet?

Dxchain Alkademy - All about Mainnet?

Dxchain Mainnet

Recently, Dxchain team announced the launch of Dxchain project's mainnet alpha. You can find the article containing the release here.

In this article, the team summarized briefly on what mainnet entails as quoted below:

It is well known that mainnet is the fundamental of a blockchain project, cryptocurrency is not a real blockchain technology until the Mainnet launch. Any concepts, ideas or theories are not realizable. DxChain has been committed to building a secure and efficient decentralized big data storage and computing network from the beginning. The construction, development and performance of DxChain network are what DxChain engineers caring about. The release of DxChain Mainnet Alpha represents that DxChain has basically completed the construction of the public chain framework, in which smart contracts, storage contracts, DPoS consensus algorithms, mining and other functions have been developed; also represents DxChain's transformation from cryptocurrency to a real public chain.

The explanation is concise enough for an average crypto user to understand what mainnet is. In this article, I will try to expand a bit farther on the idea of mainnet and why it is necessary for a project like DxchainNetwork to have a mainnet.

In the forum discussion I started here, I gathered knowledge of how mainnet works which gave me the clear insight of what I needed to know. Firstly, let us take a deeper look of what a mainnet is.

What Is A Mainnet?

Before now, On July 8, Dxchain launched her testnet and officially announced it here. It evidenced that the Dxchain Team had the prototype of the project up for running. That brings me to contrasting between Mainnet and Testnet. A Mainnet stands for the "Main Network" is the “real” cryptocurrency network where testnet represents a dummy alternatively network for the purposes of testing only. The cryptocurrency coins/token generated on testnet mostly aren't real since they do not have any monetary value as compared to that of mainnet with monetary value.

The functionality of transferring a digital currency between the parties involved is rendered on the mainnet. It is on the mainnet that the decentralized applications are developed and deployed.

According to Binance Academy ,Mainnet is the term used to describe when a blockchain protocol is fully developed and deployed, meaning that cryptocurrency transactions are being broadcasted, verified, and recorded on a distributed ledger technology (blockchain).
In cryptocurrencies, mainnets are the end products in blockchain projects that make it possible for transactions to be carried out. It also undergoes changes from time to time when there is need for updates or review. Before an investors makes his decision to invest in an Initial Coin Offering (ICO), it appears very crucial to be sure the blockchain project has a mainnet. Both mainnet or a testnet indicate the seriousness of a project as they affect the price of a cryptocurrency in one way or another.

Does Mainnet Affect Price of coin?

On Dxchain's telegram communuty, I have witnessed several users asking questions like "Admin, Why the pump?, "Admin, price is high. Why! and so on. It is obvious there are so many who seem not having the right information before investing in a coin resulting in them either losing or missing out of good projects. This accounts for why this article is necessary. Continuous upgrades and revision of the mainnet function is a must if a cryptocurrency project is to enjoy wide success in terms of rising price which I believe the Dxchain Team have in their routine plan board. For instance, Bitcoin is one project that has enjoyed immense success in cryptocurrency environment, in part because of Mainnet upgrades.

Recently, the top cryptocurrency by market capitalization launched Lightning Network -a mainnet feature that added a second layer on the blockchain. The Off-chain solution was a significant update intended to make BTC more scalable thus allowing the blockchain to handle more transactions per second.`

Conclusion

In conclusion, a mainnet launch is a planned and or defining time for a blockchain project to open to public and commence mass adaptation. When a blockchain project team is ready to roll out their official end product, they will carry out a “mainnet launch”, putting the product into actual production and operations.


Resources
Reference 1
Reference 2
Website
Telegram
Reddit
submitted by Bobelr to DxChainNetwork [link] [comments]

Announcing BitcoinSOS (Soul Of Satoshi) Client - The most Satoshi client out there! Don't believe us? You're a socialist!

We are excited to announce the arrival of our new Bitcoin Cash client BitcoinSOS (Soul Of Satoshi).
BitcoinSOS has 128 Petabyte blocks. None of this socialist 128MB crap! 128MB is for pussies who don't want to compete. We have the biggest blocks!
BitcoinSOS is the truest vision of Satoshi out there. We actually codified Satoshi's soul into this client. It is so Satoshi that you don't need to even listen to anyone else any more. Just listen to BitcoinSOS and don't think. We are going to lock the protocol down.
Since there is nothing you can do about it we might as well explain our strategy:
  1. Build a media company to control the conversation both online and in-person at conferences. Our new media company will be called CoinNerd.
  2. Hire some paid shills. Blockstream's tactics worked like a charm, so we thought, why not adopt their strategy. Anytime an discussion comes up concerning our interests we'll ramp up the rhetoric in favour so it seems like there is natural support in the community for us.
  3. Build an echochamber. We aren't lucky enough to control our own bitcoin so we'll need to build one. We'll install a head mod that seems 'independent' but really serves our interests to a T. We know how well it worked on bitcoin so all we need to do is copy that and people will fall inline. Whoever doesn't will likely leave anyway, and those who don't leave we can just kick out. This will be the perfect place to organise attacks against our enemies Dragon's Den style.
  4. We'll try and get the BCH developers to sign a contract swearing allegiance to BitcoinSOS.
  5. If that fails we'll say that BitcoinSOS is the only client that represents Bitcoin and Satoshi's will. Anyone who does not agree with Satoshi Vision is welcome to fork off to their own new path. Any forks from the Satoshi Vision path will not be Bitcoin and will have to come up with some other name for their fork.
  6. We'll hire a Satoshi front man. He'll study the one area of the subject matter very closely, just enough to stand on a stage and sound like he knows what he is taking about. Then we'll put him on display at every single opportunity imaginable. He'll build up a cult of unquestioning followers in that echochamber we created. In almost every sentence he will allude to the fact he is Satoshi, but of course he won't prove it. But that won't matter since we will encourage a culture of ignorance and loyalty within the cult. We'll make sure he talks in absolutes and applies strongman psychology tactics to pull more members into the cult. He'll post pictures of how rich and successful he is to signal people should follow him.
  7. We will fully patented anything you could possibly think of building on top, and anything that has already been built on top of BCH. If anyone wants to fork off they can fuck off because we own BCH now. Bitcoin has always been about using state power to enforce your will on people. If anyone tries to fork Bitcoin and devalue our patent portfolio we will attack them with our followers and lawyers.
  8. We will splash a bit of money on a few key pieces of infrastructure in the BCH ecosystem so that we look great to the community, but more importantly so that we can gag the people who built these tools. Then if anyone tried to fork we will go without the apps using our code, our IP etc. Without the companies we have invested in.
  9. If anyone who matters in the community questions us, we will call them 'socialists', 'enemies of the people'. We will create stories about them and how they are attacking Bitcoin and how they actually hate BCH. We'll burn them at the stake. All we need is for them to give up.
  10. We'll tell everyone that ONLY miners matter. We'll tell them not even economic non-mining nodes matter. Then we'll buy mining contracts to show how much hashrate we have so that we can push people to go along with us.

You think we're joking?

Compete!

Fuck the community!

We have more money than Rwanda!

We only speak

3 word sentences

for dummies to follow

And before you get any ideas, don't be like Peter and Emin and Amaury and Jihan and Haipo, all enemies of the people! Socialists! Segwit lovers! They want small blocks! They hate capitalism. [Insert final virtue signal]
Edit: We are extremely proud of our shills' vote manipulation skills today. Even though this post got over 150 upvotes they managed to keep it down at a total of 30 for the day. Absolutely great value for money! No one will find out about our plans now.
submitted by bitcoinsos to btc [link] [comments]

The Blackmail Email Scam

THIS THREAD IS NOW ARCHIVED, THE LATEST THREAD CAN BE FOUND HERE: https://old.reddit.com/Scams/comments/g8jqnthe_blackmail_email_scam_part_5/

TEXT, PHONE CALL, AND PHYSICAL MAIL VARIANTS ARE COVERED IN THE LATEST THREAD.

There have been many recent posts about the blackmail email scam, so I have written this post and will keep it stickied until the posts about the scam die down. If you are reading this because you have received one of these emails and you are worried, you can stop worrying. The blackmail email scam is a spam campaign that is sent out to thousands of addresses at a time. The threats are lies and you do not have anything to worry about. In many cases the email will be addressed to your real name, but this does not matter and does not mean that the email is true. In some cases you'll even see other information about yourself in the email, like a phone number or an old password. If you receive one of these emails, you should post the text here with the personal information redacted so that it shows up on Google, and you should report it as spam if it gets past your spam filter.
Here are some news articles about this scam.
Here are a few examples of the emails, you'll notice that they generally follow a similar script but use different words, and you'll notice that they include bizarre sentences and strange phrasing:
Your computer device was attacked by the malicious app . Whats the trouble? I placed my malicious agent on a erotica portal, you clicked on this data and promptly adjusted the malware to your computer . The hostile program made your selfie-camera shooting and I enjoy the videotape with you dash your doodle. In next 5 hours this hostile program copied all your contacts. Right now, I receive your all your contact information and video with you masturbating, and now if you wish me to destroy all the data affect payment 350 $USD in BTC digital currency. Other way I want forward that this record to all your contacts . I forward you my Bitcoin wallet - XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX You possess 27 hours after reading. In a case if I possess transaction I am going to undo that this record once for all. I beg pardon for my mistakes- I live in China . P.S. this postal address, I have thieved it
Good day,
If you had been more careful while caressing yourself, I wouldn't worry you. I don't think that playing with yourself is very bad, but when all your colleagues, relatives and friends get a video recording of it - it is definitely bad for you.
I placed malicious software on a website for adults (with porn) which was visited by you. When the target taps on a play button, your device starts recording the screen and all cameras on your device begin to work.
Moreover, my program allows a remote desktop connection with keylogger function from the device, so I could collect all contacts from your e-mail, messengers and other social networks. I'm writing on this e-mail cuz it's your working address, so you must check it.
I suppose that three hundred twenty usd is good enough for this little misstep. I made a split screen video (recorded from your screen (u have interesting tastes ) and camera ooooooh... its awful AF)
So it's your choice. If you want me to erase this compromising evidence, use my Bitcoin wallet address: XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX You have one day after opening my message; I put a special tracking pixel in it, so when you will open it I will see. If you want me to show you the proofs, reply to this message and I will send my creation to five contacts that I got from your contacts.
P.S. You can try to complain to the police, but I don't think that they can help, the investigation will last for 5 month- I'm from Ukraine - so I dgf lmao
Good day. Dont pay attention on my English, Im from India.
We installed mine virus onto your OS.
After that I pilfered all confidential background from your system. Moreover I had some more evidence. The most entertaining compromising that I have- its a record with your self-abusing. I adjusted virus on a porn site and then you installed it. As soon as you chose the video and tapped on a play button, my virus at once loaded on your device.
After setup, your front-camera shoot the videotape with you self-abusing, furthermore software captured precisely the porn video you chose. In next week my malicious software collected all your social media and email contacts.
If you need to erase all the evidence- send me 200 euro in BTC(cryptocurrency). Here is my Bitcoin number You have 30 hours to go after reading. If I see transaction I will erase the video forever. Differently I will send the video to all your colleagues and friends.
What's up,
If u were more attentive while caress yourself, I wouldn't worry you. I don't think that playing with yourself is really terrible, but when all colleagues, relatives and friends get video record of it- it is awful for you.
I placed virus on a porn web-site which was visited by you. When the target press on a play button, device begins recording the screen and all cameras on ur device starts working.
Moreover, my virus makes a dedicated desktop supplied with key logger function from the system , so I could get all contacts from ur e-mail, messengers and other social networks. I've chosen this e-mail cuz It's your working address, so u will read it.
I suppose that three hundred twenty usd is pretty enough for this little misstep. I made a split screen video(records from screen (u have interesting tastes ) and camera ooooooh... its funny AF)
So its ur choice, if u want me to destroy ur disgrace use my bitcoin wallet address- 16oooMVEjvdbmMRXJip8PPBewKh2PPkxmm You have one day after opening my message, I put the special tracking pixel in it, so when you will open it I will see.If ya want me to show u the proofs, reply on this message and I will send my creation to five contacts that I've got from ur device.
P.S. U are able to complain to cops, but I don't think that they can solve ur problem, the inquisition will last for 5 month- I'm from Estonia - so I dgf LOL
And here are some common keywords used in the email so that this thread can be found by people Googling the email:
"Marlware", "software on the adult", "porno sitio", "one of your pass word", ".br ", "specific pixel", "sexual content web portal", "a malware on the adult", "a malware on the", "double-screen", "is a reasonable price tag for our little secret", "you have a good taste lmao", "I placed a malware on the adult vids", "your browser began operating as a RDP", "had been abusing yourself in front of computer display", "you are one of those people that downloaded the malicious", "I made a split-screen video", "While you were watching the video, your web browser acted as", "malware on the porn website and guess what", "an unique pixel", "you jerked off while watching an online video", "When you pressed the play button the virus begins saving all the things thru", "ja.scr", "My malicious soft started your front cam", "and also send the video link to all of yourfriends", "I infected your gadget with a malware and now", "AnywaysI downloaded all contacts", "my program quickly got into your system", "To a time where you jerk off watching","For the present moment I have at my disposal all", "When you arouse sexually watching porno", "In such a way all needed compromising material and contact", "All information to yours SNSs user accounts", "You watched sexual content portal and toss","Hello! WannaCry is back! All your", "in front of the screen browsing adult stuff", "As you flog the dummy watching", "U are going to be offered 5 days after checking this notice", "RAT 68006", "the damnific malware", "beat the dummy", "buff the muffin", "choke a chicken", "front camera capturing video ", "with you frigging", "with you chaturbating", "with you masturbating", "web digicam", "U are going to have 5 dayss", "i utilize just hacked wi", "pressured this trojan to", "glue a pair of videos", "glue two videos", "the RAT ", "if you want me to destroy this whole video", "downloaded all contacts from your computer", "your list of contacts or relatives will", "I made a video that shows how you masturbate", "hacked you through a virus in an ad on a porn website", "my illiteracy", "nоt mind on my illiterаcy", "I рilfered all рrivy bаckground", "videоtaре with yоur masturbаtion", "my delеtеrious soft", "cаmеra shооt the videоtaрe", "you sеlf-аbusing", "Differently I will send the video to all your colleagues and friends", "your front-camera made the videotape with you self-abusing", "RAT 98390 malware", "the minute you went to one adult page", "information to contact info I discovered on your devices and remember there is a lot of these", "not including Double VPN As a result", "I forced my malware to hook up to a mic", "web camera and catch the video from it", "poisoned a number of adult sites", "video clip to fit on a single tv screen", "This letter has invisible monitoring program inside and i will be aware of when you are going to check", "doing ur stuff and a clip u jerked to", "the investigation will last", "I uploaded our malicious program on your device", "furthermore malware saved exactly the video you chose", "its a record with your wanking", "friends will see u taking proper care of yourself", "Your system is controlled by the malicious program", "If you were more careful while playing with yourself", "that whacking off to adult web-sites is", "adult website which was poisoned with my malware", "nor i think that jerking off to porn sites is really a gross thing", "so I dgf lmao", "proof just reply to this email with", "if you want me to destroy all this compromising evidence", "will send your video to 5 contacts", "amount in Usd that can cope with this scenario", "You are welcome to contact your local authorities", "If you want proof, reply with", "i pride myself in being apart of an internet group", "so i dgf", "I take good care of my being anonymous", "information related to the RAT virus", "been able get in to all ur units", "to all of your contacts including", "search engines like goo", "case sensitive, so copy", ", and at this moment I", "It is a non-nego", "don't waste my perso", "thi s mes", "back while visiting", "showe ring", "what should you do ?", "porno webpage", "this embarrassing situation", "navigated to the page", "bare-assed", "on well-known websites and publications"
submitted by EugeneBYMCMB to Scams [link] [comments]

FUD Copy Pastas

**Last updated: May 30, 2018: Updated wallet info with release of Trinity.
This 4 part series from the IOTA foundation covers most of the technical FUD centered at IOTA.
https://blog.iota.org/official-iota-foundation-response-to-the-digital-currency-initiative-at-the-mit-media-lab-part-1-72434583a2
Also the official IOTA faq on iota.org answers nearly all of these questions if you want to hear the answers directly.
Purpose of Writing
Since posting FUD is so ridiculously low-effort in comparison to setting the record straight, I felt it necessary to put a log of copy-pastas together to balance the scales so its just as easy to answer the FUD as it was to generate it. So next time you hear someone say "IOTA is centralized", you no longer have to take an hour out of your day and spin your wheels with someone who likely had an agenda to begin with. You just copy-paste away and move on.
It's also worth mentioning IOTA devs are too damn busy working on the protocol and doing their job to answer FUD. So I felt a semblance of responsibility.
Here they are. These answers are too my understanding so if you see something that doesn't look right let me know! They are divided into the following categories so if you are interested in a specific aspect of IOTA you can scroll to that section.
1) WALLET
2) COMMUNITY
3) INVESTING
4) TECHNICAL

WALLET

IOTA was hacked and users funds were stolen!

First, IOTA was not hacked. The term “hacked” is thrown around way too brazingly nowadays and often used to describe events that weren’t hacks to begin with. Its a symptom of this space growing way too fast creating situations of the blind leading the blind and causing hysteria.
What happened:
Many IOTA users trusted a certain 3rd party website to create their seed for their wallets. This website silently sent copies of all the seeds generated to an email address and waited till it felt it had enough funds, then it took everyones money simultaneously. That was the ”hack”.
https://blog.iota.org/the-secret-to-security-is-secrecy-d32b5b7f25ef
The lesson:
The absolute #1 marketed feature of crypto is that you are your own bank. Of everything that is common knowledge about crypto, this is at the top. But being your own bank means you are responsible for the security of your own funds. There is no safety net or centralized system in place that is going to bail you out.
For those that don’t know (and you really should if you’ve invested in anything crypto), your seed is your username-pw-security question-backup email all rolled into one. Would you trust a no-name 3rd party website to produce your username+pw for your bank account? Because thats essentially what users did.
The fix:
Make your seed offline with the generators in the sidebar or use dice. This is outlined in the “how to generate wallet and seed” directly following.
The trinity and carriota wallets will have seed generators within them upon their release.

How to generate wallet and seed

1) Download official trinity wallet here
2) follow the instructions on the app.
3) Do not run any apps in conjunction with the trinity app. Make sure all other apps are completely closed out on your device.

Are you sure a computer can’t just guess my seed?

An IOTA seed is 81 characters long. There are more IOTA seed combinations than atoms in the universe. All the computers in the world combined would take millions billions of years just to find your randomly generated one that’s located somewhere between the 0th and the 2781st combination. The chance for someone to randomly generate the exact same seed as yours is 1 / (2781).
If you can’t fathom the number 27 ^ 81, this video should help:
https://www.youtube.com/watch?v=p8YIdmwcubc

Why is Trinity wallet taking so long!!??

Trinity is out. https://trinity.iota.org/

COMMUNITY

IOTA introduction video to share with family

https://youtu.be/LyC04NrJ3yA

Tangle visualizers

http://tangle.glumb.de/

How to setup a full node

Download Bolero and run! Bolero is an all-in-one full node install package with the latest IOTA IRI and Nelson all under a one-click install!
https://github.com/SemkoDev/bolero.fun/releases
"If you want to help the network then spam the network. If you really want to help the network then create a full node and let others spam you!"

No questions or concerns get upvoted, only downvoted!

That’s just the nature of this business. Everyone in these communities has money at stake and are extremely incentivized to keep only positive news at the top of the front page. There is nothing you're going to do about that on this subreddit or any crypto subreddit. It's just a reddit fact of life we have to deal with. Everyone has a downvote and everyone has an upvote. But what can be done is just simply answer the questions even if they are downvoted to hell. Yea most people wont' see the answers or discussion but that one person will. every little bit counts.
I will say that there are most certainly answers to nearly every FUD topic out there. Every single one. A lot of the posts I'm seeing as of late especially since the price spike are rehashed from months ago. They are often not answered not because there isn't an answeexplanation, but because regulars who have the answers simply don't see them (for the reason listed above). I can see how it's easy for this to be interpreted (especially by new users) as there not being an answer or "the FUDsters are on to something" but thats just not the case.

Developer's candidness (aka dev's are assholes!)

http://www.reddit.com/Iota/comments/7obyyx/serious_talk_about_pr_system_iota_and_david/ds8ouvc
http://www.reddit.com/Iota/comments/7obyyx/serious_talk_about_pr_system_iota_and_david/ds8rega
http://www.reddit.com/Iota/comments/7oi9g8/why_is_everyone_so_critical_of_david_this_has_to/ds9rtbb
https://i.redd.it/qb0ik4tgny401.jpg
Lastly and to no surprise, David conducts himself very professionally in this interview even when asked several tough questions about the coordinator and MIT criticism.

IOTA Devs do not respond appropriately to criticism

When critiquers provide feedback that is ACTUALLY useful to the devs, then sure they'll be glad to hear it. So far not once has an outside dev brought up something that the IOTA devs found useful. Every single time it ends up being something that was already taken into consideration with the design and if the critiquer did an ounce of research they would know that. Thus you often find the IOTA devs dismissing their opinion as FUD and responding with hostility because all their critique is really doing is sending the message to their supporters that they are not supposed to like IOTA anymore.
Nick Johnson was a perfect example of this. The Ethereum community was co-existing [peacefully]with IOTA’s community (as they do with nearly all alt coins) until Nick wrote his infamous article. Then almost overnight Ethereum decided it didn’t like IOTA anymore and we’ve been dealing with that shit since. As of today, add LTC to that list with Charlie’s (even admitting) ignorant judgement of IOTA.
12/17/2017: Add John McAfee (bitcoin cash) and Peter Todd (bitcoin) to the list of public figures who have posted ignorantly on IOTA.

A lot of crypto communities certainly like to hate on IOTA...

IOTA is disrupting the disrupters. It invented a completely new distributed ledger infrastructure (the tangle) that replaces the blockchain and solves all of its fundamental problems (namely fees and scaling). To give you an idea of this significance, 99% of the cryptocurrencies that exist are built on a block chain. These projects have billions of dollars invested into them meaning everyone in their communities are incentivized to see IOTA fail and spread as much FUD about it as possible. This includes well known organizations, public figures, and brands. Everyone commenting in these subreddits and crypto communities have their own personal money at stake and skin in the game. Misinformation campaigns, paid reddit posters, upvote/downvote bots, and corrupt moderators are all very real in this space.

INVESTING

How do I buy IOTA

https://medium.com/@fuo213/how-to-buy-iota-the-complete-guide-for-crypto-dummies-e63560caf921

What is the IOTA foundation?

IOTA foundation is a non-profit established in Germany and recognized by the European Union. Blog post here: https://blog.iota.org/iota-foundation-fb61937c9a7e

How many companies and organizations are interested, partnered or actively using IOTA?

A lot, and often too many to keep up with.
https://reddit.com/Iota/comments/7f3dmx/list_of_known_iota_partnerships_corporate/

How was IOTA distributed?

All IOTAs that will ever exist were sold at the ICO in 2015. There was no % reserved for development. Devs had to buy in with their personal money. Community donated back 5% of all IOTA so the IOTA foundation could be setup.

No inflation schedule? No additional coins? How is this sustainable?

Interestingly enough, IOTA is actually the only crypto that does not run into any problems with a currency cap and deflationaryism. Because there are zero fees, you will always be able to pay for something for exactly what it's worth using IOTA, no matter how small the value. If by chance in the future a single iota grows so large in value that it no longer allows someone to pay for something in fractions of a penny, the foundation would just add decimal points allowing for a tenth or a hundreth or a thousandth of an iota to be transacted with.
To give you some perspective, if a single IOTA equals 1 penny, IOTA would have a 27 trillion dollar market cap (100x that of Bitcoin's today)

IOTA is not for P2P, only for M2M

With the release of the trinity wallet, it's now dead simple for anyone to use IOTA funds for P2P. Try it out.

Companies technically don’t have to use the IOTA token

Yes they do
Worth clarifying that 0 iota data transactions are perfectly fine and are welcomed since they still provide pow for 2 other transactions and help secure the network. In the early stages, these types of transactions will probably be what give us the tps/pow needed to remove the coordinator and allow the network defend 34% attacks organically.
But... if someone does not want to sell or exchange their data for free (0 IOTA transaction), then Dominic is saying that the IOTA token must be used for that or any exchange in value on the network.
This is inherently healthy for the ecosystem since it provides a neutral and non-profit middle ground that all parties/companies can trust. If one company made their own token it wouldn’t be trusted since companies are incentivized by profits and nothing is stopping them from manipulating their token to make them more money. Thus, the IOTA foundation will not partner with anyone who refuses to take this option off the table.

All these companies are going to influence IOTA development!!

These companies have no influence on the development of IOTA. They either choose to use it or they don’t.

Internet of things is cheap and will stay cheap

Internet of things is one application of IOTA and considered by many to be the 4th industrial revolution. Go do some googling. IOTA having zero fees enables M2M for the first time in history. Also, if a crypto can do M2M it sure as shit can do M2P and P2P. M2M is hard mode.

IOTA surpassing speculation

IOTA, through the data marketplace and [qubic](qubic.iota.org), will be the first crypto to surpass speculation and actually be used in the real world for something. From there, it will branch out into other use cases, such as P2P. Or maybe P2P use of IOTA will grow in parallel with M2M, because why not?
https://blog.iota.org/iota-data-marketplace-cb6be463ac7f
12/19/17 update: Bosch reinforces IOTA's break-out from speculation by buying IOTA tokens for its future use in the data marketplace. https://i.redd.it/8e5b8bi9ov401.png
http://www.bosch-presse.de/pressportal/de/en/robert-bosch-venture-capital-makes-first-investment-in-distributed-ledger-technology-137411.html

Investing in a new project barely off the ground

Investing in a project in its early stages was something typically reserved for wealthy individuals/organizations before ICO’s became a thing. With early investing comes much less hand holding and more responsibility on the user to know what they are doing. If you have a hard time accepting this responsibility, don’t invest and wait for the technology to get easier for you. How many people actually knew how to use and mine bitcoin in 2009 before it had all its gui infrastructure?
IOTA is a tangle, the first of its kind. NOT a copy paste blockchain. As a result wallets and applications for IOTA are the first of their kind and translating the tangle into a nice clean user-friendly blockchain experience for the masses is even more taxing.

Why is the price of my coin falling?!

This may be the most asked question on any crypto subreddit but it's also the easiest to explain. The price typically falls when bad things happen to a coin or media fabricates bad news about a coin and a portion of investors take it seriously. The price increases when good things happen to a coin, such as a new exchange listing or a partnership announced etc.. The one piece that is often forgotten but trumps all these effects is something called "market forces".
Market forces is what happens to your coin when another coin gets a big news hit or a group of other coins get big news hits together. For example, when IOTA data marketplace released, IOTA hit a x5 bull run in a single week. But did you notice all the other alt coins in the red? There are a LOT of traders that are looking at the space as a whole and looking to get in on ANY bull action and will sell their other coins to do so. This effect can also be compounded over a long period of time such as what we witnessed when the bitcoin fork FOMO was going on and alt coins were squeezed continuously to feed it for weeks/months.
These examples really just scratch the surface of market forces but the big takeaway is that your coin or any coin will most certainly fall (or rise) in price at the result of what other coins are doing, with the most well known example being bitcoin’s correlation to every coin on the market. If you don't want to play the market-force game or don't have time for it, then you can never go wrong buying and holding.
It's also important to note that there are layers of investors. There's a top layer of light-stepping investors that are a mixture of day traders and gamblers trying to jump in and jump out to make quick money then look for the next buying (or shorting) opportunity at another coin. There's a middle layer of buyers and holders who did their research, believe in the tech and placing their bets it will win out in the long run. And the bottom layer are the founders and devs that are in it till the bitter end and there to see the vision realized. When a coin goes on a bull run, always expect that any day the top layer is going to pack up and leave to the next coin. But the long game is all about that middle layer. That is the layer that will be giving the bear markets their price-drop resistance. That is why the meme "HODL" is so effective because it very elegantly simplifies this whole concept for the common joe and makes them a part of that middle layer regardless if they understand whats going on or not.

TECHNICAL

How is IOTA free and how does it scale

IOTA is an altruistic system. Proof of work is done in IOTA just like bitcoin. Only a user’s device/phone must do pow for 2 other transactions before issuing one of its own. Therefore no miners and no fees. And the network becomes faster the more transactions are posted. Because of this, spamming the network is encouraged since they provide pow for 2 other transactions and speed up the network.

IOTA is centralized

IOTA is more decentralized than any blockchain crypto that relies on 5 pools of miners, all largely based in China. Furthermore, the coordinator is not a server in the dev’s basement that secretly processes all the transactions. It’s several nodes all around the globe that add milestone transactions to show the direction of the IF’s tangle within the DAG so people don’t accidentally follow a fork from a malicious actor. Anyone with the know-how can fork the tangle right now with a double-spend. But no one would follow their fork because the coordinator reveals which tangle is the legit IF one. If the coordinator wasn’t there (assuming low honest-transaction volume), there would be no way to discern which path to follow especially after the tangle diverges into forks of forks. Once throughout of honest transactions is significant enough, the “honest tangle” will replace the coordinated one and people will know which one to follow simply because it’s the biggest one in the room.
Referencing the coordinator is also optional.
Also, if you research and understand how IOTA intends to work without the coordinator, it’s easier to accept it for now as training wheels. I suggest reading pg 15 and on of the white paper analyzing in great depth how the network will defend different attack scenarios without a coordinator. For the past several months, IOTA foundation has been using St Petersburg college’s super computer to stress test IOTA and learn when they can turn the coordinator off. There will likely be a blog about the results soon.
This is another great read covering double spends on IOTA without a coordinator: www.tangleblog.com/2017/07/10/is-double-spending-possible-with-iota/
This too: http://www.reddit.com/Iota/comments/7eix4a/any_iota_guru_that_can_explain_what_this_guy_is/dq5ijrm
Also this correspondence with Vitalik and Come_from_Beyond https://twitter.com/DavidSonstebo/status/932510087301779456
At the end of the day, outstanding claims require outstanding evidence and folks approaching IOTA with a “I’ll believe it when I see it” attitude is completely understandable. It’s all about your risk tolerance.

Can IOTA defend double spend attacks?

99% of these “but did they think about double spend attacks?” type questions could just be answered if people went and did their own research. Yes of course they thought about that. That’s like crypto101…
www.tangleblog.com/2017/07/10/is-double-spending-possible-with-iota/

Will IOTA have smart contracts?

Yes - qubic.iota.org

Trinary vs binary?

"By using a ternary number system, the amount of devices and cycles can be reduced significantly. In contrast to two-state devices, multistate devices provide better radix economy with the option for further scaling"
https://www.nature.com/articles/srep36652
https://www.reddit.com/CryptoCurrency/comments/6jgbvb/iota_isnt_it_the_perfect_cryptocurrency/dje8os2/

Bitcoin with lightning network will make IOTA obsolete.

If you want lightning network, IOTA already released it. Called flash channels.
https://blog.iota.org/instant-feeless-flash-channels-88572d9a4385

IOTA rolled its own crypto!

https://blog.iota.org/official-iota-foundation-response-to-the-digital-currency-initiative-at-the-mit-media-lab-part-1-72434583a2
This is why: https://blog.iota.org/the-transparency-compendium-26aa5bb8e260
Cybercrypt has been hired to review and audit it. IOTA is currently running SHA-3/KECCAK now until Curl is ready.

MIT said bad things about IOTA

https://blog.iota.org/official-iota-foundation-response-to-the-digital-currency-initiative-at-the-mit-media-lab-part-1-72434583a2
And for official formal closure that MIT was completely wrong:
https://www.reddit.com/CryptoCurrency/comments/7svr8mit_media_lab_dci_allegations_proven_wrong_iotas/
https://blog.iota.org/curl-disclosure-beyond-the-headline-1814048d08ef
https://medium.com/@comefrombeyond/cfbs-comments-on-https-www-media-mit-edu-posts-iota-response-5834c7f8172d

Nick Johnson says IOTA is bad!

Nick Johnson is an ethereum dev who is incentivized to see IOTA fail, see CFBs twitter responses here.
https://mobile.twitter.com/nicksdjohnson/status/912676954184323073?lang=en
And this
https://t.co/1HgfPhg2lP
And this
https://www.reddit.com/Iota/comments/72lly0/comment/dnjk9f5?st=JB2VKUBB&sh=a2892548
And this
https://blog.iota.org/official-iota-foundation-response-to-the-digital-currency-initiative-at-the-mit-media-lab-part-1-72434583a2

IOTA is not private!

Masked authenticated messages exist right now so data can be transferred privately. Very important for businesses.

Coin privacy

Centralized coin mixer is out that foundation runs. Logs are kept so they can collect data and improve it Folks can copy the coin mixer code and run it themselves. Goal is for mixer to be decentralized and ran by any node.

How do nodes scale? How on earth can all that data be stored?

Full nodes store, update and verify from the last snapshot, which happens roughly every month. Its on the roadmap to make snapshotting automatic and up to each full node’s discretion.With automatic snapshots, each full node will act as a partial perma-node and choose when to snapshot its tangle data. If someone wants to keep their tangle data for several months or even years, they could just choose not to snapshot. Or if they are limited on hard drive space, they could snapshot every week.
Perma-nodes would store the entire history of the tangle from the genesis. These are optional and would likely only be created by companies who wish to sell historical access of the tangle as a service or companies who heavily use the tangle for their own data and want to have quick, convenient access to their data’s history.
Swarm nodes are also in development which will ease the burden on full nodes. https://blog.iota.org/iota-development-roadmap-74741f37ed01

Node discovery is manual? Wtf?

Nelson is fixing has fixed this:
https://medium.com/deviota/carriota-nelson-automatic-peer-discovery-for-iota-bdca9b8b8750
https://medium.com/deviota/carriota-nelson-in-a-nutshell-1ee5317d8f19
https://github.com/SemkoDev/nelson.cli

IOTA open source?

https://blog.iota.org/official-iota-foundation-response-to-the-digital-currency-initiative-at-the-mit-media-lab-part-1-72434583a2
IOTA protocol is open source. The coordinator is closed source open source.
https://imgur.com/a/xWQUp

Foundation moved user's funds?

https://blog.iota.org/official-iota-foundation-response-to-the-digital-currency-initiative-at-the-mit-media-lab-part-1-72434583a2
https://blog.iota.org/claims-and-reclaims-finalization-e692844c505a
https://www.reddit.com/Iota/comments/7mmimu/claims_and_reclaims_is_processing/drv63d5/

My IOTA donation address:

9PZFQNPLVDUNGAOYYMMXFWMGNPMNAJWZKTYOOMCYQTZQA9RPVVN9SE9KGOL9HWZFJBXKQGEOY9JJYDXB9TY9FLQPXB
submitted by mufinz2 to Iota [link] [comments]

Bitcoin and cryptocurrency mining explained - YouTube What is Bitcoin Mining? - YouTube Bitcoin Basics Bitclub Network BitCoin for dummies What is Bitcoin Mining? (In Plain English) - YouTube Noob's Guide To Bitcoin Mining - Super Easy & Simple - YouTube

Bitcoin Mining for Dummies – How Bitcoins are Mined. Marc Kenigsberg - July 9, 2018 . One of the most common questions about Bitcoin and one of the most misunderstood is the idea of mining for Bitcoins. This article will explain how Bitcoin mining works in plain and simple English. The first thing we need to address is what actually is Bitcoin? Does it exist anywhere physically? Mining for ... Part of Bitcoin For Dummies Cheat Sheet. Bitcoin mining is accomplished with very fast computers solving complex equations, not with picks and shovels. It’s how bitcoins are created. Without bitcoin miners, no transactions could be processed, and no confirmations could be given to validate your bitcoins were genuine. And of course no new coins could be brought into circulation, because no ... Bitcoin Mining for Dummies: How to Mine Bitcoin Bitcoin mining is the validation of transactions that take place on each Bitcoin block. How Bitcoin Mining Works. Where do bitcoins come from? With paper money, a government decides when to print and distribute money. Bitcoin doesn't have a central government. With Bitcoin, miners use special software to solve math problems and are issued a certain number of bitcoins in exchange. This provides a smart way to issue the currency and also creates an incentive for more people to mine ... Was ist Bitcoin Mining? Bitcoin Mining ist ein Prozess, bei dem Rechenleistung zur Transaktionsverarbeitung, Absicherung und Synchronisierung aller Nutzer im Netzwerk zur Verfügung gestellt wird. Das Mining ist eine Art dezentrales Bitcoin-Rechenzentrum mit Minern auf der ganzen Welt. Dieser Prozess wird analog zum Goldschürfen Mining genannt. Anders als beim Goldschürfen gibt es beim ...

[index] [30626] [45598] [36224] [26137] [27889] [29904] [9232] [37469] [33183] [9068]

Bitcoin and cryptocurrency mining explained - YouTube

Simplest explanation of what is bitcoin.. What is BitCoin Mining.. What is BlockChain and how to make money through Mining Earnings. Bitcoin Basics BitCoin for dummies. Bitcoin and cryptocurrency mining explained with the Byzantine Generals Problem. We use it to explain the essence of cryptocurrency mining. https://www.udemy... What is Bitcoin - A simple non technical explanation about the concept of Bitcoin for beginners. For the complete text guide visit: http://bit.ly/2DvHagt Joi... For more information: https://www.bitcoinmining.com and https://www.weusecoins.com What is Bitcoin Mining? Have you ever wondered how Bitcoin is generated? This short video is an animated ... Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X Bitcoin mining is the process of updating the ledger of Bitcoin transactions known as th...

#