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Tag Archives: grin

Why Bitcoin Can Be Good Crypto Vaccine against Financial Crisis

From the beginning of its inception, Bitcoin was worth cents but had indestructible inner value. In the darkest days of humanity, only rare things will have value. Bitcoin and other cryptocurrencies can become the vaccine from the financial crisis.Due to the coronavirus attack and democracy constant fail across the globe, banks now can dump your data to anyone. The corporations and governments are taking away more rights under the cover of safety measures. However, total exposure to social...

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Bitcoin Mining: Diese Coins könnt ihr auch heute noch mit Computer minen!

Als Satoshi Nakamoto, der Erfinder von Bitcoin, die digitale Währung einführte, erläuterte er, wie das Peer-to-Peer-Netzwerk für digitale Zahlungen funktionieren würde, um schnelle, sichere und unzensurierbare Transaktionen zu ermöglichen. Im ursprünglichen Whitepaper erläuterte er das Protokoll, mit dem neue Coins im Bitcoin-Netzwerk in Umlauf gebracht werden. „Die erste Transaktion in einem Block ist eine spezielle Transaktion, die neue Coins generiert, welche dem Ersteller...

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Litecoin Creator Charlie Lee Responds to MimbleWimble Privacy Vulnerability

MimbleWimble, the Harry Potter inspired protocol that Litecoin is integrating to become a privacy coin, is in the spotlight but for all the wrong reasons.  Ivan Bogatyy, a venture capitalist with Dragonfly Capital, has published a report drawing attention to a security flaw in MimbleWimble’s privacy model. According to Bogatyy, the “attack traces 96% of all sender and recipient addresses in real time.” Privacy, however, is a complicated issue, especially when it comes to...

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