{"id":7507,"date":"2018-05-31T20:19:40","date_gmt":"2018-05-31T20:19:40","guid":{"rendered":"https:\/\/davidgerard.co.uk\/blockchain\/?p=7507"},"modified":"2018-06-01T00:07:30","modified_gmt":"2018-06-01T00:07:30","slug":"news-poloniex-reverification-asus-20-video-card-motherboard-tron-buys-bittorrent-lots-of-security-issues","status":"publish","type":"post","link":"https:\/\/davidgerard.co.uk\/blockchain\/2018\/05\/31\/news-poloniex-reverification-asus-20-video-card-motherboard-tron-buys-bittorrent-lots-of-security-issues\/","title":{"rendered":"News: Poloniex reverification, Asus 20 video card motherboard, TRON buys BitTorrent, lots of security issues"},"content":{"rendered":"<ul>\n<li>Poloniex was bought by Circle in February, and is re-verifying everyone&#8217;s Know Your Customer identification &#8230; and <a href=\"https:\/\/poloniex.com\/press-releases\/2018.05.27-Customer-Onboarding-and-Identity-Verification\/\">you can&#8217;t have your money until you can verify yourself.<\/a> &#8220;As soon as you submit this information, we will take steps to verify it and re-enable trading and transactions for your account. Please rest assured that your funds remain safe and accounted for while you complete this process.&#8221;<\/li>\n<\/ul>\n<ul>\n<li>Asus targets the home crypto mining market eight months late, with <a href=\"https:\/\/www.theverge.com\/2018\/5\/30\/17408610\/asus-crypto-mining-motherboard-gpus\">a computer motherboard that can take 20 video cards.<\/a> (Asus have a thing for weird motherboards \u2014 they did one with <a href=\"https:\/\/rocknerd.co.uk\/2002\/06\/04\/the-finest-computer-audio-known-to-mankind\/\">vacuum tube audio<\/a> in 2002, though it <a href=\"https:\/\/rocknerd.co.uk\/2016\/11\/08\/of-course-audiophiles-still-want-vacuum-tube-computer-audio\/\">wasn&#8217;t all that great<\/a> in practice.)<\/li>\n<\/ul>\n<ul>\n<li>Justin Sun, the founder of TRON, <a href=\"https:\/\/torrentfreak.com\/tron-founder-plans-to-buy-bittorrent-inc-180525\/\">will be buying BitTorrent, Inc.<\/a> from Bram Cohen. The BitTorrent protocol happens to be <a href=\"https:\/\/o836fhe91.qnssl.com\/tron\/whitebook\/TronWhitepaper_en.pdf\">part of the TRON white paper.<\/a><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Propose a word for this: When a blockchain project makes serious errors in their base consensus protocol, and when it&#39;s pointed out or discovered, they can&#39;t easily hard fork, so they double down on their previous bad decisions, and\/or paint it over with complexity and excuses.<\/p>\n<p>&mdash; Bob McElrath (@BobMcElrath) <a href=\"https:\/\/twitter.com\/BobMcElrath\/status\/1001159769347026944?ref_src=twsrc%5Etfw\">May 28, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>Emin G\u00fcn Sirer&#8217;s <a href=\"http:\/\/hackingdistributed.com\/2018\/05\/30\/choose-your-own-security-disclosure-adventure\/\">Choose-Your-Own-Security-Disclosure-Adventure!<\/a> &#8220;Almost every project I know, some worth many many billions, is being run as if it&#8217;s Billy Bob&#8217;s Software Shack and Associated Slack Channel of Speculators and Online Mob.&#8221;<\/li>\n<\/ul>\n<ul>\n<li>Nicholas Weaver wrote for the Buttcoin Foundation in 2014 on <a href=\"http:\/\/www.buttcoinfoundation.org\/how-to-make-money-with-bitcoin-in-10-easy-steps\/\">what to do with your crypto bug bounty.<\/a><\/li>\n<\/ul>\n<ul>\n<li>Ninos Mansor: <a href=\"https:\/\/medium.com\/@ninosm\/squashing-bugs-and-stopping-heists-the-coming-arms-race-in-smart-contract-infrastructure-9666fb830f65\">Squashing Bugs and Stopping Heists: The Coming Arms Race in Smart Contract Infrastructure<\/a> \u2014 on smart contracts as instant crypto bug bounties.<\/li>\n<\/ul>\n<ul>\n<li>With the various 51% attacks against Verge and Bitcoin Gold in recent weeks \u2014 here&#8217;s <a href=\"https:\/\/www.crypto51.app\/\">the cost to 51% attack various coins.<\/a> Most of these coins cost very little to attack. Even Bitcoin would cost only $647,837 (as I write this) for a one-hour attack.<\/li>\n<\/ul>\n<ul>\n<li>Numerous <a href=\"https:\/\/www.reddit.com\/r\/CryptoCurrency\/comments\/8mwo4c\/eos_bugs_discovered_before_mainnet_launch\/dzr1eb4\/\">security vulnerabilities discovered in EOS code,<\/a> just before it went live.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">EOS token bagHODLers might be worried that this will negatively impact the price of their &quot;investment&quot;.<br \/>Rest assured that your tokens are absolutely unrelated to EOS, or anything else. They were worthless and useless from the beginning. <a href=\"https:\/\/t.co\/TqFe3pzLJJ\">https:\/\/t.co\/TqFe3pzLJJ<\/a><\/p>\n<p>&mdash; Trolly McTrollface (@Tr0llyTr0llFace) <a href=\"https:\/\/twitter.com\/Tr0llyTr0llFace\/status\/1001344215983542272?ref_src=twsrc%5Etfw\">May 29, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>FT Alphaville: <a href=\"https:\/\/ftalphaville.ft.com\/2018\/05\/30\/1527652800000\/Crypto-s-most-devout-believers-are-suffering-a-crisis-of-faith-\/\">the middling whales are trying to cash out.<\/a><\/li>\n<\/ul>\n<ul>\n<li>Audiophile scammers Monster Cable are <a href=\"https:\/\/www.coindesk.com\/headphones-maker-monster-quietly-planning-300-million-ico\/\">branching out into an ICO.<\/a> They&#8217;re not so well off these days, after <a href=\"https:\/\/gizmodo.com\/5981823\/beat-by-dre-the-inside-story-of-how-monster-lost-the-world\">Beats by Dre did them like a dinner.<\/a><\/li>\n<\/ul>\n<ul>\n<li>A rehab clinic offers to treat your <a href=\"https:\/\/castlecraig.co.uk\/resources\/gambling\/cryptocurrency-addiction\/cryptocurrency-addiction-now-treated-at-top-uk-rehab-clinic\/\">altcoin addiction.<\/a><\/li>\n<\/ul>\n<ul>\n<li>David Rosenthal on the crypto miners: &#8220;Despite all the hype about decentralized cryptocurrencies, <a href=\"https:\/\/blog.dshr.org\/2018\/05\/asics-and-mining-centralization.html\">they aren&#8217;t.<\/a> They are dependent upon the self-restraint of a small number of dominant players, who could at any time blow the system up, but don&#8217;t want to kill the goose that lays the golden egg.&#8221;<\/li>\n<\/ul>\n<ul>\n<li>Why the real financial system will never use cryptocurrency for serious transactions: the assumption that bad transactions are reversible goes <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-05-24\/another-deutsche-bank-blunder-revealed-30-billion-2014-gaffe\">really quite a long way up.<\/a><\/li>\n<\/ul>\n<ul>\n<li>Podcast 2 from HARKII, on <a href=\"http:\/\/www.harkii.com\/podcast\/episode-2-we-implemented-the-universal-basic-income-on-our-blockchain-platform-to-secure-musicians-income\/\">Isaac Mao and Musicoin,<\/a> a musical blockchain initiative. Musicoin is its own blockchain, not a token. I&#8217;m not convinced by the pitch, but he&#8217;s sincere, he&#8217;s got a small community going, and he&#8217;s realistic about scaling issues and that decentralisation is functionally a myth.<\/li>\n<\/ul>\n<ul>\n<li>My HARKII podcast, on why musical blockchains probably won&#8217;t work, now <a href=\"http:\/\/www.harkii.com\/podcast\/episode-1-why-i-dont-think-blockchain-will-change-the-music-industry\/\">has a transcript up.<\/a><\/li>\n<\/ul>\n<ul>\n<li>I got an Ethereum scammer at last! (Not hard, seems all you need to do is answer a @VitalikButerin tweet.)<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2018\/05\/31\/news-poloniex-reverification-asus-20-video-card-motherboard-tron-buys-bittorrent-lots-of-security-issues\/twitter-ethereum-spammer\/\" rel=\"attachment wp-att-7511\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-7511\" src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2018\/05\/twitter-ethereum-spammer.png\" alt=\"\" width=\"585\" height=\"435\" srcset=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2018\/05\/twitter-ethereum-spammer.png 585w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2018\/05\/twitter-ethereum-spammer-300x223.png 300w\" sizes=\"auto, (max-width: 585px) 100vw, 585px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>https:\/\/twitter.com\/wimdetroyer\/status\/1000328453156196352<\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I approached The Wall Street Journal to ask if they&#39;re supposed to disclose whether or not <a href=\"https:\/\/twitter.com\/paulvigna?ref_src=twsrc%5Etfw\">@paulvigna<\/a> holds Bitcoin and Altcoins and they told me the best way to find out is to, &quot;Ask him nicely.&quot;<\/p>\n<p>I believe an institution with integrity would disclose that on their own. Weird.<\/p>\n<p>&mdash; CasPiancey (@CasPiancey) <a href=\"https:\/\/twitter.com\/CasPiancey\/status\/1001491830230302722?ref_src=twsrc%5Etfw\">May 29, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"text-align: center;\"><small>if CNBC put conflict-of-interest ownership disclaimers on its crypto coverage, they&#8217;d be as long as the article itself.<br \/>\n<\/small><small>Also you should TOTALLY buy [altcoin-of-the-week]<br \/>\n(next week: said coin crashes)<\/small><\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Crypto is like being a mall ninja, an Internet Tough Guy, *and* a Navy Seal Pasta.<\/p>\n<p>dunning-krugering your way through one art is not enough. you have to dunning-kruger your way through *all* of them <a href=\"https:\/\/t.co\/SkSBae2cZw\">https:\/\/t.co\/SkSBae2cZw<\/a><\/p>\n<p>&mdash; Buttcoin (@ButtCoin) <a href=\"https:\/\/twitter.com\/ButtCoin\/status\/1000015108398092289?ref_src=twsrc%5Etfw\">May 25, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">wasn\u2019t the blockchain supposed to be PayPal for the blockchain <a href=\"https:\/\/t.co\/6xAwYd1TOz\">pic.twitter.com\/6xAwYd1TOz<\/a><\/p>\n<p>&mdash; Buttcoin (@ButtCoin) <a href=\"https:\/\/twitter.com\/ButtCoin\/status\/1000963274836463616?ref_src=twsrc%5Etfw\">May 28, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Oh dear <a href=\"https:\/\/t.co\/xpJAvnAf7V\">pic.twitter.com\/xpJAvnAf7V<\/a><\/p>\n<p>&mdash; Best of Nextdoor (@bestofnextdoor) <a href=\"https:\/\/twitter.com\/bestofnextdoor\/status\/1001310755604475904?ref_src=twsrc%5Etfw\">May 29, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">lmfao the doorbell was torn off, the lobby empty, the back porch flooded, and the power cut off for nonpayment <a href=\"https:\/\/t.co\/2ESyvJ7oGv\">pic.twitter.com\/2ESyvJ7oGv<\/a><\/p>\n<p>&mdash; limp_bizkit_vs_harry_potter_-_jk_rollin\u2019.mp3 (@killhamster) <a href=\"https:\/\/twitter.com\/killhamster\/status\/1002026076334309376?ref_src=twsrc%5Etfw\">May 31, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">i hate it when i slip up and do that<\/p>\n<p>dont fire me roger k <a href=\"https:\/\/t.co\/g1mmgxxdoU\">pic.twitter.com\/g1mmgxxdoU<\/a><\/p>\n<p>&mdash; Buttcoin (@ButtCoin) <a href=\"https:\/\/twitter.com\/ButtCoin\/status\/1002268084747620361?ref_src=twsrc%5Etfw\">May 31, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<br><br><div align=\"center\"><p><a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\"><img src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2021\/10\/become_a_patron_button.svg\" alt=\"Become a Patron!\" title=\"Become a Patron!\" width=217 height=51><\/a><br><p style=\"align:center;\" class=\"patreon-badge\"><i>Your subscriptions keep this site going. <a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\">Sign up today!<\/a><\/i><\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>I got an Ethereum scammer, pretending to be me, at last!<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[681,650,684,215,165,618,9,6,683,459,682,680],"class_list":["post-7507","post","type-post","status-publish","format-standard","hentry","category-uncategorised","tag-asus","tag-circle","tag-david-rosenthal","tag-emin-gun-sirer","tag-eos","tag-harkii","tag-ico","tag-links","tag-monster","tag-nicholas-weaver","tag-ninos-mansor","tag-poloniex"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/7507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/comments?post=7507"}],"version-history":[{"count":19,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/7507\/revisions"}],"predecessor-version":[{"id":7536,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/7507\/revisions\/7536"}],"wp:attachment":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media?parent=7507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/categories?post=7507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/tags?post=7507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}