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Comment: Re:Bad idea (Score 1) 385

by Wonko the Sane (#48859273) Attached to: FBI Seeks To Legally Hack You If You're Connected To TOR Or a VPN

Don't assume that anyone involved with Bitcoin since the beginning had any illusions about how it would be received by the incumbents.

Bitcoin early adopters are more prepared for the conflict than the incumbents, because they knew a fight was coming before the incumbents knew Bitcoin existed.

+ - Tips for Securing Your Secure Shell

Submitted by jones_supa
jones_supa (887896) writes "As you may have heard, NSA has had some success in cracking Secure Shell (SSH) connections. To respond to these risks, a guide written by Stribika tries to help you make your shell as robust as possible. The two main concepts are to make the crypto harder and make stealing keys impossible. So prepare a cup of coffee and read the tutorial carefully to see what could be improved in your configuration. Stribika gives also some extra security tips: don't install what you don't need as any code line can introduce a bug, use the kind of open source code that has actually been reviewed, keep your software up to date, and use exploit mitigation technologies."

Comment: Re:Put this same government in charge of healthcar (Score 1) 279

It's a great point: people who don't have an emotional investment in the Department of X can easily see that the people who make up the Department only care only for improving their own power and financial position, and are making X even worse both by getting in the way and also by consuming valuable resources that could be used to actually provide X instead.

The difficult part is realizing this is true for all X, even the ones which are your personal favorites.

Comment: Almost nothing in the OP is true (Score 5, Interesting) 144

by Wonko the Sane (#48627173) Attached to: Will Ripple Eclipse Bitcoin?

Ripple is a debt accounting system.

You can send Dollars or gold over Ripple - you can transfer promissory nodes for those things.

The difference between a promissory note and the value the note represents is something that Ripple should be trying to clarify - instead they seek to obscure it.

Because they try to pretend that promissory notes are equal to underlying assets, they don't include any features that would act like leverage limits. There is no ability to deal with counterparty risk rationally in their system, since trust in a counterpary is binary.

In real world, liabilities of different entities are discounted by a value that reflects their credit risk. Ripple does not permit this operation. You either value liabilities at par or not at all.

As others have mentioned, their consensus system is neither distributed nor trustless. It's a centralized, badly-designed, debt accounting system trying to pretend it's a trustless cryptocurrency.

Comment: Re:no it is not (Score 1) 280

by Wonko the Sane (#48556785) Attached to: Court Orders Uber To Shut Down In Spain

but will not work with service or good provided in the real world

Actually, it's going to work just as well with real world services and goods.

they can simply catch you at the payment

Bitcoin

or make a take down on your server on non compliance

You do know there is an entire planet where servers can be hosted, right?

Also, have you ever heard of "peer to peer networks"? I hear they are making waves these days.

And frankly as a customer there ARE some law i want respected, no matter what you young guys think of them

That's wonderful. You will always be perfectly free to choose taxi server providers which meet the standards you want.

As long as you don't try to interfere with the choices of other customers then there is no problem.

"In matters of principle, stand like a rock; in matters of taste, swim with the current." -- Thomas Jefferson

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