No, not the US government penny, although that is a pretty crappy coin too. I’m talking about Pennies (CENT), a PoS coin originally released by shakezula. This coin is so hilariously bad that I don’t even know where to start. CENT was originally released on shakezula’s (low traffic) website and only casually mentioned in cryptsy […]
There are some coins out there that don’t need (or deserve) a full length article to tell you how awful they are. Perhaps the finest example of this is BitBar. Bitbar has the honor of having the largest premine/instamine in the history of cryptocurrency, putting even coins like megacoin and feathercoin to shame. Take a […]
I’ve always had somewhat of a soft spot for Quark. It was a quirky little CPU mined coin that launched with a very unique hashing mechanism, yet faded into obscurity in part due to how horribly it was managed. And yet here I am writing an article about it… Why, you ask? Quark is up […]
The following is a guest article by a Chinese writer. Being that China is largely responsible for the recent run up in Bitcoin, I find their perspective of things to be very interesting. – A lot marveled as they see that Chinese bitcoin markets removing their trading fee. Many bet this disruptive competition a lose-lose […]
I’ll take a break from the usual altcoin bashing and do something a little less abrasive today – talk about a coin with favorable prospects. Digitalcoin (DGC) was one of those coins that was launched during the altcoin flood back in May. While coins of this era were typically defined by egregious premining/instamining and generally […]
Oh, where do I begin… Feathercoin, the original litecoin copycat that sparked the great altcoin flood of 2013. Actually, describing it as a copycat is giving it too much credit. Feathercoin is actually a fork of litecoin. You see, the developer, bushstar, displayed absolute bare minimum competence when creating this coin. One of the most […]
One thing that irks me is how many people view cryptocurrency as deflationary. Sure, in the longterm they are, but how many coins will last that long? With over 100 coins out there now, many of them having block rewards for several decades, it is unlikely that any of them will ever reach the point […]
After 4 days of being down, it seems that bitcointalk is soon to return. Shortly after acknowledging the hack and offering a 50 BTC reward for a fix, Theymos seemingly went MIA, leading many to speculate that the hack was a ruse and the servers were actually taken by the feds for use in the […]
By a group calling themselves “The Hole Seekers”. Visitors to the forum were greeted with this when visiting the site. A full video capture of the hack can be found here. The payloads involved in this hack can be found below: HTML source: https://gist.github.com/super3/6802799 Javascript payload: https://gist.github.com/super3/6802808 According to several people who have browsed over […]
As I’m sure you’ve all heard by now, the feds have taken down silk road, the infamous bitcoin based drug marketplace. Of course the initial reaction of most people is to panic sell, but let’s take a look at today’s events and see if they warrant the huge drop off in price we’ve seen. First […]