[ale] [OT] (but computer and cryptography related) Bitcoin, Litecoin

[Ron Frazier (ALE)]

PS, I can now send and receive Litecoin and Bitcoin, although I'm not 
trying to mine Bitcoin.  Addresses are in the sig if anyone needs them.

Ron


On 4/8/2013 2:13 PM, Ron Frazier (ALE) wrote:
> Hi Jeremy,
>
> That's really cool.  Good info to know.  I put a big bookmark in 
> firefox for them.  I don't think they trade Litecoins though.  If 
> you're involved in this stuff, I'd like to know more about what your 
> doing, to the extent that you're willing to share, either publicly or 
> privately.  If you're mining, I'd like to know about your rig and how 
> you set it up.  I don't have my Mint based station working yet, and 
> might need some help with setup.  I'm using cgminer to mine 
> Litecoins.  I know that can be run on Linux but haven't figured out 
> the details.
>
> Also, what's the best way to keep up on the industry?  I guess there 
> is a Bitcoin magazine, but I think it costs around $ 100 per year.
>
> Sincerely,
>
> Ron
>
>
> On 4/8/2013 1:15 PM, Jeremy T. Bouse wrote:
>> Ron,
>>
>> That is exactly why I use CampBX as my Bitcoin exchange rather than 
>> MtGox which has already been hacked. CampBX is based here in Atlanta 
>> and they have implemented many of the financial sector level policies 
>> and procedures to ensure their integrity. In fact with the recent 
>> 0.7-0.8 fork they shut down trading to keep a potential major issue a 
>> forked block chain could cause.
>>
>> On 08.04.2013 10:18, Ron Frazier (ALE) wrote:
>>> Hi Michael,
>>>
>>> That's an interesting article.  I have noticed a trend of these type
>>> of sites getting attacked.  I guess that whenever you put anything
>>> valuable on a public website, the vipers start attacking it.  There
>>> are probably many motives for attacking these type of sites, anywhere
>>> from blackmail to competition among players to outright stealing.
>>> Bitcoins are prohibitively expensive to mine at this point so my
>>> interest is in Litecoins.  Many of the same concepts apply.  I think a
>>> lot of the people that are on the service provider side of this are
>>> pioneer types, programmers and engineers that are enthusiastic about
>>> just getting things to work.  They're putting services up there and
>>> changing them at a rapid pace.  But, they not be the best at security.
>>> The industry is young and many sites are going through some growing
>>> pains.  Of course, if you're being DDOSed by a botnet of 100,000 pc's,
>>> that's hard to deal with in any case.  I'm afraid that some of the
>>> sites are going to have to learn that some of the rules, procedures,
>>> and audits that the traditional financial world has in place are a
>>> good thing after all.  I'm trying not to expose any coins I may have
>>> on a public website for any period of time.
>>>
>>> Sincerely,
>>>
>>> Ron
>>>
>>> On 4/6/2013 8:39 PM, Michael Nolan wrote:
>>>>
>>>> http://thehackernews.com/2013/04/bitcoins-wallet-service-instawallet.html 
>>>>
>>>>
>>>> "The digital currency Bitcoin has suffered yet another hack. 
>>>> Bitcoin wallet site Instawallet has been taken offline after a 
>>>> security compromise, has suspended its service indefinitely."
>>>
>
>

-- 

(PS - If you email me and don't get a quick response, you might want to
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Ron Frazier
770-205-9422 (O)   Leave a message.
linuxdude AT techstarship.com
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