LiteTree - Slashdot User

Submission + - RC Cars at 2013 World Championships in Athletics - Moscow (hobbymedia.it)

Submitted by Modellismo on Thursday August 15, 2013 @01:06AM

Modellismo writes: As "retrivers" for the World Championships in Athletics that are held now in Moscow, Russia is employing Americans's 1/5 scale RC trucks Super 5 SC from HPI Racing.
The model cars have been customized by the Italian hobby store owner and maker Diego Carena.
Each HPI Super 5 SC car mounts a 7600 mAh LiPo battery from the Italian brand EZ Power. These big battery packs are able to keep the big RC cars running through each event without the need of being recharged.
Maybe last year London's RC Minis were cuter but these Super 5 SC from HPI Racing are models that everyone can buy in stores so watching them running on the field is making RC fans around the World proud of their hobby especially because this is not a promotional stunt but something made with passion (as far as I know HPI is not even aware of their cars being used in Moscow)...

Comment Bitcoin out Litecoin in (Score 1) 185

by LiteTree on Tuesday July 30, 2013 @09:50AM (#44422567) Attached to: Thailand Government Declares Bitcoin Illegal

so if Bitcoin is now outlawed I guess they can start using Litecoins or any other cryptocurrency. Just a moving target at this point. P2P always wins.

Submission + - How Bitcoin Works (investopedia.com)

Submitted by LiteTree on Monday July 29, 2013 @02:42PM

LiteTree writes: Bitcoin is a digital currency that exists almost wholly in the virtual realm, unlike physical currencies like dollars and euros. A growing number of proponents support its use as an alternative currency that can pay for goods and services much like conventional currencies. Bitcoin is the first and easily the most popular cryptocurrency, or currency that uses cryptography1 (see "Definitions and Key Concepts” at end of article) to control its creation, administration and security.

Bitcoin was set up in 2009 by a mysterious individual or group with the pseudonym Satoshi Nakamoto, whose true identity is yet to be revealed and who left the project in 2010. It rocketed to prominence in 2013, when the value of a Bitcoin soared more than 10-fold in a two-month period, from $22 in February to a record $266 in April. At its peak, based on more than 10 million bitcoins issued, the cryptocurrency boasted a market value of over $2 billion.

Comment Varonis has one thats good (Score 1) 274

by LiteTree on Friday July 26, 2013 @08:26PM (#44396185) Attached to: Ask Slashdot: Secure DropBox Alternative For a Small Business?

Check out this on prem option from Varonis http://www.varonis.com/products/datanywhere

Submission + - PayPal doesn't like virtual currencies like Bitcoin and Litecoin. (litetree.com)

Submitted by LiteTree on Sunday July 21, 2013 @09:18AM

LiteTree writes: We received a call from Paypal today, a very friendly young lady named Amy called to inform us that we would no long be allowed on the Paypal network. The reason she gave was that they no longer allowed MSB (money service business). Makes me wonder if they are feeling the heat from or crushing the competition from Litecoins and Bitcoins

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