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Comment Re:Doesn't matter (Score 4, Interesting) 141

If perfect forward secrecy is used in the connections (which most HTTPS sites seem to do last I checked), then knowing the private keys doesn't even help them decrypt a connection, *unless* they're actively man-in-the-middling the connection from the start (which I'm sure they do often against interesting people, but probably not anywhere near 100% of everything).

Comment Re:If all it takes is one... (Score 1) 65

If all it takes is one relay to be compromised to remove the entire point of using Tor,

That's not at all what the article is saying. A relay injecting content into your connection does not de-anonymize you. Tor works to guarantee anonymity. It doesn't guarantee that the exit relay isn't watching what's going through it or modifying the connection. That's why it's important to use HTTPS.

Comment Re:Fluffy PR stunt (Score 1) 182

I think Bitcoin is extremely cool technology, but if I had a company I would not bet the company on the stability of its price right now. I would sell off most of the bitcoins I received as payment for dollars pretty quickly, or just pay a company a small amount to do that for me. Maybe in the future when Bitcoin is accepted in more places then its price will stabilize and that will be an extra step. Bitcoin has to go through a phase where most businesses exchange it immediately to ever get near enough adoption to stabilize.

Comment Re:Bitcoin is vulernable to government manipulatio (Score 3, Interesting) 396

The transaction fees already exist. It's not like the designers never thought about what will happen after all bitcoins are minted.

And even before all the coins are mined, has anyone calculated yet what is the ceiling for BTC? That'd be the value over which some country's national labs or universities turn on their supercomputers and mine almost everything (publications might bring revenue, but mining apparently does), preventing individuals from getting any return from their hardware, thus discouraging them from participating?

A) The maximum number of bitcoins was publicly predetermined from the start. It's 21 million.

B) Bitcoin mining requires specialized hardware to be profitable to mine, so this isn't something that anyone with a supercomputer can just decide to mine effectively on a whim any more.

C) Why would it be bad that most individuals couldn't mine? Bitcoin mining isn't supposed to be an egalitarian "everyone gets free money" system. It's a reward for using your computational power to help secure the system. If a hundred groups with supercomputers / mining machines can mine more than 100,000 people using desktop machines, then the former group pushing out the latter from the market is the way things should be. (However there is a problem if any group colluding gets more than 50% of mining power together.)

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