Iran Shuts Down 1,100 Illegal Bitcoin Miners ...

Bitcoin Cryptorials

get free satoshi every hour by following the link
submitted by Veegold007 to CryptoCurrency [link] [comments]

Easy Bitcoin Cloud Mining with CRYPTORY a scalable system of distributed computing

Easy Bitcoin Cloud Mining with CRYPTORY a scalable system of distributed computing submitted by Bitcoinula to Bitcoin [link] [comments]

06-06 21:06 - 'How 'Wings' DAO Aims to Solve The Biggest Obstacles Faced by 'Decentralized Autonomous Organizations'' (cryptorials.io) by /u/prophetx10 removed from /r/Bitcoin within 12-17min

How 'Wings' DAO Aims to Solve The Biggest Obstacles Faced by 'Decentralized Autonomous Organizations'
Go1dfish undelete link
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Author: prophetx10
submitted by removalbot to removalbot [link] [comments]

[Discussion] BTC Scamming, Some Tips to Keep Safe!

Block of text incoming! I've added a TL;DR at the end for people who are in a hurry.
Hey guys, I'm sure lots of you know already know the top things to do when trading with btc, i.e. check steamrep, cashrep and friends list. But I want to remind everyone here that even those with 100+ reps on cashrep can be scammers in hiding.
Here is a little compiled list of tips that have worked for me and can definitely keep reduce the chances of you getting scammed.
  1. If you have a person who is constantly selling to you, please check the profiles steamrep before each trade. It takes less than 10 seconds to do a steamrep check to see for any reports that might have popped out since your last trade. Failing to check steamrep is the biggest mistake that anyone can do with cash trades.
  2. Look at the way they talk, scammers try to rush trades and make everything go as quick as possible. Make sure to take the trade slow and even go in batches if you are worried. IF THEY REFUSE TO GO IN BATCHES, IT'S USUALLY A RED FLAG GOING UP (THIS DOES NOT APPLY TO ALOT OF VERY HIGH REP SELLERS) Keep in mind that not all sellers will do batches but if you are doing your first trade, try to buy with batches. You're less likely to lose everything you have. Just a few tips on batches is that alot of trust sellers decline doing lots of batches simply because of the hassle and amount of time required to check and do the trades. A good amount of batches go from 2-3 for 50-100 keys and 3-5 for 100+ keys. Discuss with your seller on the amount of batches that is fine for both you and him/her.
  3. alkimi tip: "After making several exchanges(little batches) with the possible trust "trader", they will ask you to make an exchange for a higher amount (last trade), if they are hasty on that and not want to make the little batches, never do it. Is a type of scam that relies on gaining the confidence to start and then defrauding the largest amount." Keep safe and stay on your stance. Don't let the seller influence your decisions, you are the one buying and I'm 100% sure you can find another person selling at the same price.
  4. Trades should never be rushed, especially if you are buying. I can assure you that 60-70% of people who got scammed happened to them because they were simply too rushed to check for steamrep, cashrep and other things. Make sure to take your time, check everything and never be rushed with cash trades. Wasting 5 min to check on all the info is better than losing money into thin air.
  5. Double & even triple check that cashrep is present. If you are worried about trading with that person, how about adding one of latest buyers in the cashrep and asking about the seller. And like I always tell my customers and friends, if you are worried & scared, maybe find someone you can be reassured about. Do a little research, it never hurts. If you can’t access cashrep or you can’t find it, DO NOT BUY FROM THEM. Cashrep mods try really hard to keep everyone safe and if they find out that the person has a report on their name, they will close down the cashrep.
  6. As shubbler said, watch out for exit scams. I've personally been victim of this tactic and it really sucks. This falls with tip no.1 & 3 about checking for steamrep reports and taking your time. This is the worst type of scamming as you never know who is going to do it and when. Middlemanning is always an option.
  7. I personally got scammed by someone referring their "dealer". If someone refers their key seller, please actualy look at their steam lvl (at least lvl 10+ is a safe bet), does he actually have keys in his inventory (no keys? hidden inventory? no trade ladies and gents) and look at their account creation date. Most scammers will link their alt that they created recently that has no cashrep and will most likely tell some b.s. that they don't want people knowing and what not. Believing someone like that is at your own risk but find someone who is much safer and much more reputable to buy from. I can personally name at least 10-15 reputable people that have been on steam for years, are the safest people to buy from and are some of the nicest people on steam. Go find those people, it might cost a bit more but you are at least in a safe spot. Once you get scammed, it feels like shit and you instantly regret not buying from someone more reputable & that's exactly what I said after I lost around $800.
These are most of things I do before each trade and it’s helped me alot. If I can think of anything else that might help for other situations or if anyone has any other suggestions, I can add them here.
If you are a beginner in trading with BTC, please actually read this and many other posts on this subreddit, it helps so much and will keep you so much safer
TL;DR: Check steamrep before each trade, go in batches, don't rush trades, double check cashrep is present, exit scams happen & watch out, don't trust sellers "dealer" (make sure to double check everything)
submitted by ash_housh to GlobalOffensiveTrade [link] [comments]

What happens to my cryptocurrency if, say, an exchange goes bust?!

The only way to purchase digital currencies is to directly buy them from firms established in the selling and buying of such currencies by wiring money over to such firms.
Do note that this carries risks as the exchange might be susceptible to hacking or outright fraud by the management themselves. The most famous being Mt. Gox and Bitfinex. http://cryptorials.io/5-biggest-bitcoin-exchange-hacks/
Apologies if it's a stupid question, but would I still have access to my tokens if such an exchange goes bust?
submitted by panmores to Ripple [link] [comments]

Build 2nd Faucet

"Update on the faucet:
The faucet will eventually be back up. I'm working on a rewrite for that.
In the mean time, if anyone wants to run a real faucet, please find one and compile it and run it and you can enter a proposal occasionally to refill the faucet with BBP from the PR or P2P budget." -Rob
Rob's Faucet: https://www.reddit.com/BiblePay/comments/76mqqf/biblepay_faucet_free_bbp_coins_for_registering/
What is a faucet? https://en.wikipedia.org/wiki/Bitcoin_faucet
Quick Googling of "crypto faucet github" & "create cryptocurrency faucet"
https://github.com/ChristianGriegeCryptocurrency-faucet-script https://github.com/tuaris/multifaucet https://github.com/phpfaucet/faucet https://github.com/densmirnov/crypto-faucet https://github.com/BlameByte/StarterFaucet
https://www.faucetfly.com/ http://cryptorials.io/how-to-make-your-own-bitcoin-faucet/ https://achim.teachable.com/p/set-up-your-own-crypto-currency-faucet https://99bitcoins.com/complete-beginners-guide-make-money-bitcoin-faucet/ https://99bitcoins.com/step-by-step-guide-two-methods-to-building-a-bitcoin-faucet/
Reference: https://bitcointalk.org/index.php?topic=2388064.msg26887499#msg26887499
submitted by togoshige to BiblePay [link] [comments]

Are there any solutions to 'Geographic Centralization' of Mining?

I am trying to find out whether there are any possible solutions to the clustering of mining in a specific country.
I just read something by Peter Todd about larger block sizes increasing the advantages of miners who are relatively close together and can therefore have fast connections between each other because of these larger blocks taking longer to propagate and therefore affecting the orphan rate of miners.
Although I'm in favour of larger blocks I view the centralization of mining within a single country (currently China, but the actual country isn't relevant) as a big problem already. If you're interested in why I think that you can take a look at my last blog post.
I am really interested in hearing about anything which could possibly reduce this, even if it is impractical for other reasons, just to help me understand the issues involved.
Also, any other information about the possible impact on this of other suggested changes would be good.
submitted by kephrira to btc [link] [comments]

[Spoilers S2E4]What Ray wants..

What I believe Ray wants, and seems rather obvious to me, is that his Dark Net Market (aka Silk Road, Black Market Reloaded, and currently Dream) be migrated to mitigate further attacks. When we see the beaten programmer in E3 he talks about hot and cold wallets. This how bitcoins in black markets found on Tor protect themselves from thievery. http://cryptorials.io/bitcoin-security-how-to-keep-your-bitcoins-safe/ ^ To explain a bit more without me typing it out.
Secondly, since I have never vented this out before, this is a giant hole in Season 1 for me. If Elliot knows as much as he does about Tor and exit nodes as he references when taking down the kiddie porn site, he should of been buying his shit from online and not Shayla. Never have to deal with that psycho Vera.
Absolutely love the show none the less.
submitted by HistorianGray to MrRobot [link] [comments]

Problems of the crypto-currency market. Mymining — Decentralized Solution.

Introduction
We would want to devote our first post to the acute issues existing in the crypto-currency market and explain the way that Mymining.pro platform allows solving these problems. Humanity lives on the threshold of a new era. The world around is changing rapidly. A few years ago, the technology of the distributed registry was a portion of the elite, and today the world leaders and the largest financial institutions overtly broadcast about it on TV screens. The magic word “blockchain” has penetrated many aspects of life. We are going to discuss the features of each of the tasks that can be solved on the way to converting the crypto-currency market into a massively accessible, understandable and secure one.
Below we will examine each of the tasks that will be solved on the way to transforming the crypto-currency market into a massively accessible, understandable and secure one.
World: Uneven distribution of resources, expensive cloud services
Аt the moment the global world problem is that information resources are distributed unevenly, whether computing or data storage power. In the future, the uneven distribution will lead to the loss of unused resources.
The decentralized distribution of computing power and the ability to use cloud storage will lead humanity to a fundamentally different paradigm for owning computing resources.
Now, a person already does not need his own computer at home, he successfully replaced the phone, TV and game console.
But what will happen in 3–5 years, when the technology of virtual reality and all the more complicated technical content from the technical point of view come to our life fully and what to do with huge computing power, when the majority of Altcoins go to POS?
The answer is simple: all calculations and storage will completely go to the cloud, and the released computing power block will be leased for cloud computing through the platform.
Society: Low audience awareness
Degree of complexity of mastering and perception of the crypto-currency market is equal to higher mathematics. It is important to be able to calculate the probability of risk, since the whole world of crypto-currency is a complex of problems and inconsistencies.
It is very difficult to delve right away into all the nuances of the functioning of the crypto-currency world. It is important to be able to calculate the likelihood of risk, since the block, as a new direction of the economy, is a whole complex of problems and inconsistencies.
Despite the high volatility of the market, people are no longer afraid of bitcoin and altcoins, an increase in the number of transactions surpasses all conceivable and unthinkable expectations of experts. Every second, up to 1000 operations are performed using crypto-currency assets on the earth. The phiatic world in which we all are accustomed to live, in a few years will not be able to compete with the new Digital Economy. Do not pay attention to this, means to lose the battle for the best, just world, which decentralization gives us the opportunity to create.
Crypto community: Insufficient liquidity
The market of crypto currency is highly volatile, and it is very risky to make an exchange service with low commissions. Companies do not want to take risks on themselves, so they are pawned either in commissions, or straight in the price of the currency. this is insufficient liquidity because the crypto-currency market is super-strong today
Crypto-services: Big costs and a lot of disparate services
In the digital currency market, there is the problem of lack of a single, flexible platform where users can use all the necessary services through a single window. Users constantly need to re-register, open wallets to pass identification, pay commissions on different services, which results in a large amount that is withheld from the user in the end, plus a constant security control of a particular service.
With such significant turnover, there is no simple entry with minimal commissions into the crypto-currency market .
Centralization and low security.
According to the Global Cryptocurrency Benchmarking Study, prepared by the researchers of the Cambridge Center for Alternative Finance, 49 of the 51 exchanges covered by the study are centralized. The centralization of the exchange service encourages the stock exchanges themselves to abuse. Moreover, the explosive growth of the cryptories has been turned by the leading exchanges, and hundreds of millions of US dollars, in a desperate target for hackers.
Anyone who has at least once carried out transactions using crypto-currency was faced with mandatory registration of a cryptocurrency purse. The interested community has not yet reached the final safe decision to store crypto funds on purses. Over the past year, cybercriminals have stolen more than $ 1 trillion. Despite the global crypto-hype for several years now, users suffer from an underdeveloped security system and limited functionality of wallets and exchanges. In most of the wallets presented on the market, you can store only one currency, it can not be exchanged inside a wallet, or invested. There are two more important points: 76% of crypto-operators have no licenses, and bitcoin is the main digital currency that is supported by exchanges, purses and payment companies.
P2P services can remove the severity of the problem, but those that exist today are limited to the functions of the trading platform — they simply reduce users to each other, but do not solve the security problem of the transaction. In addition, limited use in everyday life is affected.
General description of the solution
Having identified these problems and saw the possibilities, the Mymining team decided to create a decentralized platform with a high degree of security. We decided to merge all the necessary crypto and shelter services into a single product. For the convenience of users, several current services of the crypto-currency world will be merged: social network, marketplace, free cloud-mining pool, exchange and wallet, decentralized data storage and processing center. This is how the idea to create Mymining — the same-name solution for payments, purchases, conversions, mining and storage of crypto-currencies was born. Single entry point for users — All services of blocking in one application with minimal commissions.
Decentralized multiservice Mymining is designed to simplify the use of crypto-currencies in everyday life, make cloud mining several times more affordable, and provide a convenient and secure way of storing assets in the new era of the Digital Economy. Our goal is to bring closer such a future, where everyone can independently manage and safely store savings in any of the currencies.
In the following posts, we will try to write more in detail about the functional, technical characteristics and security system.
Read more about Private Sale Company
If you have any questions, please use the contact information provided in this section in order to get consulting assistance from our specialists.
If you have an interesting offer, you can write to the head of the advertising department:
[email protected]
If you have any questions about selling tokens,
Write to our support team:
[email protected]
All complaints and suggestions you can discuss
with the head of quality control:
[email protected]
The beta version of the Mymining project https://mymining.pro
English сommunity https://t.me/mymining_en
French Community https://t.me/mymining_fr
Russian community https://t.me/mymining _rus
Facebook https://www.facebook.com/mymining
Twitter https://twitter.com/mymining
Your suggestions: [email protected]
submitted by myminingpro to u/myminingpro [link] [comments]

Ethereum Smart Contracts vs Bitcoin Multi-sig, M-of-N

I think that M-of-N is probably trivial for Ethereum, I just wanted to know what we have here and compare to Bitcoin Multi-sig.
I've never used Bitcoin Multi-sig before. I wanted to know more about what it's about. It doesn't seem very easy for a newbie. I found this page: http://cryptorials.io/how-to-create-and-use-a-multi-sig-bitcoin-address/
...you can have two people who must both provide their signature (‘2 of 2′) or you can set it up to require any 2 out of 3 possible signatures... 
So I guess if I want to provide a friend with limited access to my account, we can have a 2 of 3 multi-sig. He must sign, and perhaps I have hired or simply trust a third party to be fair and respect my wishes of "recipient friend may only have 10% of my holdings per day". I'd have to trust that the third non-participating friend would carry out my wishes and not simply collude with the recipient friend and run away with the entire amount of money.
From my understanding, this is trivial to do with Ethereum in a trustless way. I don't need a third friend to do a 2 of 3 multi-sig. I can have a smart contract using Ethereum, pour funds into that, and have it programmed in such a way that my recipient friend can only withdraw 10% per day. Only two people need to be involved and we don't need to trust anyone else.
Can someone please correct me if I'm wrong in any of this?
submitted by linagee to ethereum [link] [comments]

We should create our own digital Doubloons.

http://www.theguardian.com/technology/2014/jan/07/bitcoin-me-how-to-make-your-own-digital-currency
http://cryptorials.io/how-anyone-can-make-their-own-digital-currency/
Just Saying
submitted by kylestarkey1 to MysteriousUniverse [link] [comments]

A Broken Paradigm

When people who aren’t cypherpunks look at the crypto-community, it’s not hard to understand why the two things they think of are Silk Road or buying drugs on the internet Hacks Because hacks are such a visible symptom of the freedom and anarchy inherent in the system. It’s the “Wild West” out here, it’s a gold rush, a solid case of tulipmania. The downside of all this is that regular folks look at the world of Bitcoin and Ether and file it away in the “Too Hard Basket”. And who can blame them? There’s something deeply wrong with an industry when you see news like this One of the Biggest Ethereum and Bitcoin Exchanges Got Hacked
Hackers have stolen user data and money from Bithumb, one of the top five biggest Ethereum and Bitcoin cryptocurrency… fortune.com And as someone with a bit of experience in the crypto world my first was “$1 Million USD isn’t too bad” then I stopped myself. What does that say about the industry that when I heard that 30,000 customer accounts were compromised and my first thought is “That’s not too bad”? Before I even got into the possible intricacies of this engaging thought experiment, I understood why I was thinking like this; Korean Bitcoin Exchange Yapizon Confirms $5 mln Hack, All Customers To Pay With Balances
South Korean exchange Yapizon has become the latest victim of hackers, reportedly losing 3,800 BTC in customer funds… cointelegraph.com Or who could forget Bo Shen’s bad luck around Christmas? Hacker Steals $300,000 from Major Cryptocurrency Investor
An unknown hacker has stolen at least $300,000 in Augur and Ether cryptocurrency from Bo Shen, the founder of venture… www.bleepingcomputer.com Or of course, the granddaddy of last year The $65 million Bitfinex hack shows that it is impossible to tell a good bitcoin company from a bad…
Bitcoin suffered yet another blow last week when Bitfinex, one of the cryptocurrency's largest exchanges, suffered a… qz.com Guess what? We aren’t even back 12 months yet! To quote Springsteen there’s a line of “skeleton frames of burned-out Chevrolets”leading all the way back to Satoshi’s White Paper. 5 Biggest Bitcoin Exchange Hacks | Cryptorials
There are two ways in which cryptocurrency can make a cybercrook's day. One facet of this symbiosis revolves around the… cryptorials.io 36 bitcoin exchanges that are no longer with us
At the very least 36 bitcoin exchanges have already thrown in the towel and folded up shop. You may only be able to… bravenewcoin.com But why is that? It’s a question that those of us involved in openANX think about a lot. It’s why Peter Smith of Blockchain came onboard as an advisor, it’s because there’s a slowly dawning recognition that maybe “Something is rotten in the state of Denmark” And what’s rotten is the way that centralized exchanges tend to hide their security practices and assets behind opaque walls. As the Quartz article above says in the title “How can you tell a good bitcoin company from a bad one?” You can’t. At least not unless something changes. After all, it was Louis Brandeis who said “Sunlight is said to be the best of disinfectants” He said in his 1914 book Other People’s Money And How the Bankers Use It. I am not kidding here, that’s the name and the title. Here’s the Contents page if you don’t believe me Our Financial Oligarchy How the Combiners Combine Interlocking Directorates Serve One Master Only! What Publicity Can Do Where the Banker is Superfluous Big Men and Little Business A Curse of Bigness The Failure of Banker-Management (first appeared in Harper’s Weekly, 16 August 1913) The Inefficiency of the Oligarchs I’ll stay away from the fact he wrote this right before the outbreak of WW1 and that we’ve had umpteen financial collapses since then and stick to the issue at hand. The Second Law of Thermodynamics states that “Entropy Increases in Closed Systems” Second law of thermodynamics - Wikipedia
The second law of thermodynamics states that the total entropy of an isolated system can only increase over time. It… en.wikipedia.org This is a fancy way of saying that without some form of transparency any system, be it sports team, a boarding school, or a company, will suffer a slow breakdown over time as poor practices become exacerbated and good practices are not introduced to offset inefficiencies. To say it another way, as Donald Rumsfeld said
Reports that say that something hasn’t happened are always interesting to me, because as we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns — the ones we don’t know we don’t know In essence, if you are running an exchange, you don’t know how good your security is because you are running a closed system and as a customer you can’t tell which exchange is a good actor and which is a bad actor. This is one of the fundamental questions we wanted to answer with openANX. How can we begin to restore trust in the system? It’s a big question, but we like big questions. We are even prepared to admit that our platform may not be the only answer, there’s plenty of smart cypherpunks out there. But it is an answer, and it was one of the answers that led us to consider another way.
submitted by shadowlpb to ethtrader [link] [comments]

A Broken Paradigm

When people who aren’t cypherpunks look at the crypto-community, it’s not hard to understand why the two things they think of are Silk Road or buying drugs on the internet Hacks Because hacks are such a visible symptom of the freedom and anarchy inherent in the system. It’s the “Wild West” out here, it’s a gold rush, a solid case of tulipmania. The downside of all this is that regular folks look at the world of Bitcoin and Ether and file it away in the “Too Hard Basket”. And who can blame them? There’s something deeply wrong with an industry when you see news like this One of the Biggest Ethereum and Bitcoin Exchanges Got Hacked
Hackers have stolen user data and money from Bithumb, one of the top five biggest Ethereum and Bitcoin cryptocurrency… fortune.com And as someone with a bit of experience in the crypto world my first was “$1 Million USD isn’t too bad” then I stopped myself. What does that say about the industry that when I heard that 30,000 customer accounts were compromised and my first thought is “That’s not too bad”? Before I even got into the possible intricacies of this engaging thought experiment, I understood why I was thinking like this; Korean Bitcoin Exchange Yapizon Confirms $5 mln Hack, All Customers To Pay With Balances
South Korean exchange Yapizon has become the latest victim of hackers, reportedly losing 3,800 BTC in customer funds… cointelegraph.com Or who could forget Bo Shen’s bad luck around Christmas? Hacker Steals $300,000 from Major Cryptocurrency Investor
An unknown hacker has stolen at least $300,000 in Augur and Ether cryptocurrency from Bo Shen, the founder of venture… www.bleepingcomputer.com Or of course, the granddaddy of last year The $65 million Bitfinex hack shows that it is impossible to tell a good bitcoin company from a bad…
Bitcoin suffered yet another blow last week when Bitfinex, one of the cryptocurrency's largest exchanges, suffered a… qz.com Guess what? We aren’t even back 12 months yet! To quote Springsteen there’s a line of “skeleton frames of burned-out Chevrolets”leading all the way back to Satoshi’s White Paper. 5 Biggest Bitcoin Exchange Hacks | Cryptorials
There are two ways in which cryptocurrency can make a cybercrook's day. One facet of this symbiosis revolves around the… cryptorials.io 36 bitcoin exchanges that are no longer with us
At the very least 36 bitcoin exchanges have already thrown in the towel and folded up shop. You may only be able to… bravenewcoin.com But why is that? It’s a question that those of us involved in openANX think about a lot. It’s why Peter Smith of Blockchain came onboard as an advisor, it’s because there’s a slowly dawning recognition that maybe “Something is rotten in the state of Denmark” And what’s rotten is the way that centralized exchanges tend to hide their security practices and assets behind opaque walls. As the Quartz article above says in the title “How can you tell a good bitcoin company from a bad one?” You can’t. At least not unless something changes. After all, it was Louis Brandeis who said “Sunlight is said to be the best of disinfectants” He said in his 1914 book Other People’s Money And How the Bankers Use It. I am not kidding here, that’s the name and the title. Here’s the Contents page if you don’t believe me Our Financial Oligarchy How the Combiners Combine Interlocking Directorates Serve One Master Only! What Publicity Can Do Where the Banker is Superfluous Big Men and Little Business A Curse of Bigness The Failure of Banker-Management (first appeared in Harper’s Weekly, 16 August 1913) The Inefficiency of the Oligarchs I’ll stay away from the fact he wrote this right before the outbreak of WW1 and that we’ve had umpteen financial collapses since then and stick to the issue at hand. The Second Law of Thermodynamics states that “Entropy Increases in Closed Systems” Second law of thermodynamics - Wikipedia
The second law of thermodynamics states that the total entropy of an isolated system can only increase over time. It… en.wikipedia.org This is a fancy way of saying that without some form of transparency any system, be it sports team, a boarding school, or a company, will suffer a slow breakdown over time as poor practices become exacerbated and good practices are not introduced to offset inefficiencies. To say it another way, as Donald Rumsfeld said
Reports that say that something hasn’t happened are always interesting to me, because as we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns — the ones we don’t know we don’t know In essence, if you are running an exchange, you don’t know how good your security is because you are running a closed system and as a customer you can’t tell which exchange is a good actor and which is a bad actor. This is one of the fundamental questions we wanted to answer with openANX. How can we begin to restore trust in the system? It’s a big question, but we like big questions. We are even prepared to admit that our platform may not be the only answer, there’s plenty of smart cypherpunks out there. But it is an answer, and it was one of the answers that led us to consider another way.
submitted by shadowlpb to OpenANX [link] [comments]

With technology being able to make doctoring things easier, what does it take for you to believe it?

This was Phil's QOTD in Thursday's PDS. It struck a chord with me, because it's something I spend a lot of time thinking about... as a software developer, I understand better than most what it takes to fake things digitally. I felt like posting the question here as well, in the interest of having a higher quality conversation about it than can be had in YT comments.
So, here were my general thoughts on the subject:
The believability of media is a matter of quality, quantity, and consensus. The more content and/or detail something has, the more likely doctoring is to be noticed. Questions like, "does context lie outside the frame", "is there video from a different angle", "how difficult would this be to fabricate", or "who would benefit from skewing the perspective" should be considered. Additionally, the more people who agree on the answers to such questions, the more those conclusions can be trusted; common belief does not make something true, but common failure to find evidence of fakery does lend something a significant amount of credibility.
There's one other thing I wanted to mention that's semi-related, although it's a bit technical. Most people know what Bitcoin is, but unless you're in tech, you've probably never heard of the data structure Bitcoin is based on - the blockchain. What blockchains essentially do is allow for 100% verifiable proof of record for digital transactions, but without exposing the content of the transaction... providing security without compromising privacy. They take advantage of a mathematical process called hashing and a concept called distributed consensus to create a system that is virtually impossible to hack or falsify, and which supports the true exchange of digital assets (as opposed to just copying). The result is a level of provable truth that even the physical world can't match... it's not really possible to understate the implications of that.
To give an example, if Facebook was built on a blockchain, it would be possible for every US citizen to register their SSN with their FB account, and then use their FB identity to do things like vote in elections online... it is seriously that secure. In my opinion, humanity's best hope for a future trustworthy internet lies with blockchains.
But, I'll echo Phil's words... I want to hear what y'all think. I'm interested to hear more about what people think about how to discern fact from fiction.
submitted by Stormtalons to DeFranco [link] [comments]

Cryptory.com SCAM ALERT STAY AWAY!

Hello everyone,
Unfortunately, I fell for the promise of "investing" money in Bitcoin mining at Cryptory.com four days ago, and deposited the minimum 0.1 btc to open an "active account". It was only a few minutes after my transaction went through that I discovered the thread below that exposes Cryptory.com as a Ponzi scheme, HYIP, or whatever you want to call it:
https://bitcointa.lk/threads/cryptory-maximize-your-earning-potential-with-cryptory.322252/page-26#post-7381165
I attempted to withdraw my 0.1 btc immediately after depositing it, only to find the following message:
"Technical maintenance: Bitcoin 'Withdrawal Funds' transactions are processed manually. The issue will be resolved ASAP. Thank you for your patience!"
I chatted online with their "tech support" on numerous occassions. The agents claim that their btc payout system has been "compromised", that they are working on a "security patch" and that they have a lot of transactions to process manually.
After reading the thread above I don't believe a word of it. This is a Ponzi scheme plain and simple. Have the following as evidence:
The registered address for Cryptory is: 3rd Floor, Digital Court, 7 Rainsford Street, Dublin 8.
Google Street View shows the decaying wall of a brick building at that address.
Cryptory's toll-free phone number listed prominently on their website, 1(888)297-3497 is disconnected.
According to the thread listed above, Dublin Cryptorium Limited was set up on Mon the 21st of Jan 2013 in Dublin 8. The company's current directors Deborah Delaney and Brendan Delaney have been the director of 4,859 other Irish companies between them, 1,983 of which are now closed.
Cryptory, I want my 0.1 btc back. Now. My account email is [email protected], and my btc receive address is 1JmZrKs7g8PEuDryuELnmkMHZNZKUqusiG .
Until Cryptory refunds my BTC, I will continue on numerous other forums and websites, providing that Cryptory.com is a scam site.
I have also reported them to the FBI.
submitted by DiracDrynx to Scams [link] [comments]

The Many Ways to Earn Bitcoin Online OZ Cryptorials - YouTube

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The Many Ways to Earn Bitcoin Online

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