Uncategorized Archive

BitcoinXT and You – What Every Bitcoin Holder Needs To Know

By now, I’m sure you’ve heard about the ongoing block size war. For the few of you who have been living under a rock, Bitcoin has been rapidly approaching it’s hardcoded 1MB block size limit, and an all out war among core developers, pool operators, and bitcoin companies has erupted. BitcoinXT is the first shot […]

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Scam Alert: NautilusCoin

Some of you have may have seen this CNBC article making the rounds, titled Greek Island Agrees To Test Digital Currency. Now, before you rush over to Cryptsy to buy this coin, let’s take a moment to look at what’s really going on. Shaky Origins NautilusCoin is the creation of Brian Kelly. Actually, that’s giving […]

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DarkCoin – The Next Big Thing, or Just Another Pump and Dump?

Released just shy of 5 months ago, darkcoin has quickly ascended the ranks of the cryptocurrency world, securing the #4 spot on coinmarketcap. Boasting what appears to be an impressive suite of anonymity features, darkcoin has successfully marketed itself as the rare breed of substantive altcoin. Is it, though? Peer beyond the surface, and you’ll […]

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Cheating The System – Auroracoin Edition

As I’m sure you’re aware, the auroracoin airdrop started two days ago. Predictably, the price has been tanking as people have been getting a hold of these coins, but who exactly are these people? How fairly is the airdrop being conducted? To establish proof of Icelandic residency, the website requires that you provide a kennitala. […]

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A myriad of opportunities

This post will be short and to the point. I wanted to make you guys aware of Myriad. Myriad is similar to Quark, in that it uses a plethora of different hashing algorithms to create blocks. Where it differs is that instead of using all these algorithms sequentially, they can be used concurrently. Any of […]

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A breakdown of anonymizing cryptocurrencies

These seem to be all the buzz lately. Ever since coinvalidation was announced at the end of last year, it ignited a spark within the community to work on furthering anonymity within the bitcoin protocol. 3 months later, we have a few working samples. Do they actually solve the problem though? First, it might help […]

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Scam Alert: MinCoin

This is a blast from the past, in the worst way imaginable. I’m a firm believer in the whole those who don’t learn from the past are doomed to repeat it thing. I’ve been meaning to do a ‘history lesson’ type of post on Mincoin, but never got around to it. Seems my hand is […]

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The curious case of Pandacoin(s)

The following was sent in by a reader, and was complete enough to transpose into an article I thought you might be interested in some of the stuff that’s been going on with Pandacoin. Specifically that there are three different Pandacoins now. The first one, launched January 4th, is a Scrypt coin with a max […]

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Today Mt Gox died, and it tried to take Bitcoin with it

Today, in a last ditch rather pathetic effort to draw attention away from themselves, Mt Gox issued a press release blaming their recent problems on a (non)issue that dates back to 2011: Transaction malleability. In short, it allows you to alter the hash of a transaction by changing non-essential data. Since this issue has been […]

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HunterCoin – The coin that’s a game

It’s been a while since I’ve done an article where I speak kindly of a coin, but this is one of the rare occurrences that I find something worthy of my praise. I’d like to introduce you all to HunterCoin. This is by far the most interesting and inventive altcoin I’ve seen in the past […]

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