Microsoft admits ransomware demanding bitcoin was an NSA exploit in new blog post
Submitted May 15, 2017 at 06:02AM by bdd4
via reddit http://bit.ly/2pLXCOV
Full blocks – good or bad?
I'm sorry if that's a charged or a too simplified question. But some "other" bitcoin subs seem to suggest that core developers don't mind having the blocks full or even prefer them to be full.
Is this impression correct at all and if yes, what are the advantages of having full blocks?
Submitted May 15, 2017 at 01:51AM by TheGreatMuffin
via reddit http://bit.ly/2qgUkGF
Recovered my son’s lost wallet!
Towards the end of last year, my oldest son fumbled his Breadwallet (the details aren't important). When he tried to recover it he found he had only written down 11 of the 12 seed words. Crap!
He reached out to a recovery service, but never heard back. I figured the wallet was lost.
Since then the price has gone nuts. I thought it would be a fun project to try to recover the wallet after moving him back home from school.
Originally I thought I would have to write some code to find the missing word. Didn't seem like that would be very hard. But after searching I found the btcrecover toolset, which already does this (and a lot more).
Once I got it installed, I ran seedrecover.py and recovered the missing word from the partial phrase in about 30 seconds!
My son got back his 0.14 BTC, which as of today's writing is worth almost $250. Not bad, and well worth the effort.
Now he's learned his lesson and has taken the steps to safeguard the seed for this and future wallets.
Submitted May 15, 2017 at 04:18AM by edonkeycoin
via reddit http://bit.ly/2qh7t2p
SegWit & Blocksize increase at the same time. It’s the only way.
I truly believe the only way the network ever gets 95% consensus is to make all sides happy and set in motion a scheduled hard fork for block size increase. No one wants to get left behind, 5% slackers update and a hard fork never happens.
With even just a 2mb block AND adding segwit you end up with ~3.4 blocks right?
The stalemate seems so odd and manufactured. I've never really considered myself on "a side" when it comes to Bitcoin development but this whole thing seems silly.
Submitted May 14, 2017 at 04:33PM by esquinato
via reddit http://bit.ly/2pLthPL
German Central Bank Warns Not To Use Bitcoin As It Is Not Backed By A Central Bank
Submitted May 14, 2017 at 09:26PM by beantheredone
via reddit http://bit.ly/2r6fS9E
#UASF. It’s the only way.
Either we get Segwit with UASF, or we get it with UASF pushing the miners into MASF. Bring up UASF to jihan trolls and watch how triggered they get. Stopping UASF is their new fight. Fuck off with your "compromise/make both sides happy" bullshit. Community consensus is Segwit. They are just shitty miners who don't care about bitcoins best interest and we won't bow to them to get what we want. This is bitcoin motherfuckers. Support UASF.
Submitted May 15, 2017 at 12:57AM by btcetc
via reddit http://bit.ly/2qgv7fB