Bitcoin In 2017: Fixin Ta Blow Up

Georgi Guninski guninski at guninski.com
Thu Dec 29 06:52:45 PST 2016


On Thu, Dec 29, 2016 at 06:41:14AM -0500, John Newman wrote:
> Sure, wallet theft is more akin to a heist and could net massive gains if you pick your target well. Is there any malware that actively looks for and steals wallets? I don't know, probably.
> 

searching the web for

bitcoin stealing malware

returns a lot of results, some are from 2014.

> Still, with a big enough bot net doing your mining and paying for the wattage i imagine it adds up. I wouldn't mind owning one :)
> 

i am not sure mining on a botnet is the best way to profit from it.
AFAIK, conventional CPUs are not efficient for mining, far worse from
ASIC/FPGA?? or good video cards. probably the Internet Of Things will
change this, allowing to install few ASIC miners to the rooted box.

> It seems bitcoin is pretty resilient to other attacks on subtle features... although i'm not  that well versed in the subject.

i am not familiar with bitcoin, but AFAIK it is something like "advanced
socialism" by design. "consensus" of something like 50+% allows fucking
up with coins and transactions and there already was a controversy about
a "corporation of miners" abusing this unless i am mistaken.




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