Re: SSL?
It should be secure enough.
Posts by Destroy All Monsters
16005 publicly visible posts • joined 3 Jun 2008
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Euro cops on free Wi-Fi not-so-hotspots: For pity's sake, don't use them for email
X marks the... They SAID there was a mystery planet there – NASA
Bletchley Park board member quits amid TNMOC split-off spat
'Hacked docs' prove MtGox has 1 MILLION Bitcoins, claim blog-snatchers
Mt Gox fielded MASSIVE DDOS attack before collapse
Monday 10th March 2014 09:36 GMT 
Re: Rumors that Mt Gox was doing a bit of fractional reserve banking on the side...
Or just the safe being emptier than it should be in the first place: loaning out the money one should keep in the vault so that dosh can be made for oneself --- while praying that not all the depositors will demand their money back at the same time.
The reason for why "bank runs" happen and, today, basically large orders are suddenly placed to printshops by politicians getting the cold sweats.
"transaction malleability" sounds suspiciously like exactly that. I have no idea whether bitcoin technically allows this.
Monday 10th March 2014 08:59 GMT
Rumors that Mt Gox was doing a bit of fractional reserve banking on the side...
Anything to it?
The claim that Mt. Gox was operating with fractional reserves came as shocking to some. After all, the exchange functioned by providing a shared wallet for depositors. Each time a deposit was made in bitcoin, the proceeds were moved to the shared wallet. This wallet was safely stored offline (“cold storage”) so that hackers could not gain access to them. In addition, a very high percentage of bitcoin was supposedly stored in this way – up to 98% by some claims – with only a small amount held online to facilitate withdrawals and other transactions.
In theory, since almost all of the bitcoin were held safely offline by Mt. Gox, the “bitcoin bank” should have been behaving like any standard full-reserve bank. The evidence over the past months proved this to be anything but the reality of the situation.
...
Mt. Gox is a little different. Despite holding the vast majority of its bitcoin securely in cold storage, its claim is that somehow these were stolen by someone. In standard fractional-reserve banking theory, the reason a less than 100% reserve is held is because the bank has knowingly made use of the deposited goods, not because hackers have prevailed in cracking an impervious safe. The dust will settle on what happened to the bitcoins deposited with Mt. Gox. For now I will let Occam´s razor prevail in providing me with an answer to the whereabouts of the missing coins.
Tim Cook and Israeli PM commune with the GHOST of Steve Jobs
Plod foils drone drug drop down under
Court allows EFF to keep donor list secret from patent troll
Sysadmins and devs: Do these job descriptions make any sense?
Who loves office space? Dell does: Virtualization to banish workstations from under desks
The long war on 'DRAM price fixing' is over: Claim YOUR spoils now (It's worth a few beers)
I NEVER DONE BITCOIN, says bloke fingered by new Newsweek
Windows 8.1 Update 1 spewed online a MONTH early – by Microsoft
The land of Milk and Sammy: Free music app touted by Samsung
Dell thuds down low-cost lap workstation for cheap frugal creatives or engineers
Saturday 8th March 2014 12:40 GMT
Re: What's the point?
> Costs 1/3 of the cost of the dell, has higher spec.
Yep, pigs fly low. The entire hardware costs less than the Windows + Office license(1)
Although...
> Windows 8
Well...
1: license only for a wheelchair-bound differently abled person who cannot use hands or feet - check at Microsoft.com whether you are using the appropriate license - ; one language only; you may not use a keyboard or mouse; no running in virtual machines allowed; you must use the Outlook Abortion on Penalty of Injury; license sticker must be duly applied in the middle of the flat screen; additional charges and random BSA audits not included)
Twitter blew $36m on patents to avoid death by lethal injunction
Saturday 8th March 2014 11:58 GMT 
36 million bucks for nothing
Because - is there anything in Twitter that can be considered patentable?
"Companies in the Internet, technology and media industries own large numbers of patents, copyrights, trademarks and trade secrets"
Hey Twitter! You cannot "own" a trade secret. You can "hold" it, maybe.
On second thoughts, you cannot own any other "Intellectual Property" claims either. It's "Intellectual" (until suddenly it isn't - your thoughts are mine, all mine etc.).
"We presently are involved in a number of intellectual property lawsuits, and as we face increasing competition and gain an increasingly high profile, we expect the number of patent and other intellectual property claims against us to grow," Twitter said.
Translation: we are not really competing at all, we are just running this protection racket on the side.
Twin GEEKS: NASA studies identical brothers – one on Earth, one IN SPAAAACE
Women! You too can be 'cool' and 'fun' if you work in tech!
Saturday 8th March 2014 10:17 GMT
Also, another realistic portrayal of the career-driven woman: she’s completely alone. Having given up things like being a good wife and choosing instead to build whatever the hell it was she built in the movie, she ends up in her 40s, facing death in outer space, crying at the idea that nobody is left on Earth who will miss her or say a prayer for her.
That part is spot on.
This is why alcohol exists.
Saturday 8th March 2014 10:15 GMT
As the EU leadership doesn't think that childraising is an activity of any particular merit whatsoever (should the population drop, one can just import little brown people from abroad), moving large chunks of the female population into Socialistically Powerful Worker Positions will embiggen the Yurop's GDP immensely and make it The Powerhouse of Intellectual Endeavours Worldwide!! This will pay down the monstrously grown incubating xenomorphs of state and private debt, assure the inflated salaries of the 30% working in nonproductive state jobs via appropriate tax revenues, and, if allied with cunning inflationary manoeuvers, enable the payout of the much-promised pensions at nominal values.
VICTORY HAIL!
Inside Facebook's engineering labs: Hardware heaven, HP hell – PICTURES
Thursday 6th March 2014 22:31 GMT
Re: An event horizon for economists?
That's supposed to be an economic absurdity - one company, one hardware customer, is a bigger market than the entire customer base of the world's biggest hardware supplier, or their second and third-largest rival?
It's called "specializing for a special task". It is possible if commodity stuff can be thrown together to build a specialized tool as materials and know-how become commponplace. It's the same reason why there are not only 5 companies building houses in the world.
It goes without saying that we've long since passed the event horizon for external supervision by governments and the rule of law to prevent abusive monopolies, regulatory capture, and tax evasion.
I don't know what world you are living in, but we are frankly into Nazi territory and moving deeper regarding:
1) Arbitrary antitrust shit whenever some (generally leftish) cunt in government feels like it "Uh... I think people are collunding ... how horrible. Let's reduce the price forcefully for the peons!!" Sure a formula for Great Success. As opposed to letting the monopoly die on its arse by enabling some competition.
2) Regulatory capture being ENABLED by government at full throttle. Checked whether you company is "green enough" lately? Yep, you are being forced to dump the lightbulbs for no good reason.
3) "Tax evasion" being chased down like Himmler's mystical projects depended on it. Which is why you hear about it so much. These taxfeeders are voting themselves pay increases and are HUNGRY.
Newsweek knocks on door of dad-of-six, tells him he invented Bitcoin
Thursday 6th March 2014 19:26 GMT
is believed to have some $400m in wealth as a consequence of the currency's rise
Of course only in a bizarre sense...
The differential equation to ascertain the bitcoin <-> dollar transformation at the behest of the current bitcoin owner has to be solved, as it will lower the bitcoin value, and marginally increase the dollar value.
libertarian
Expect the known suspect to drop the contents of their guts in a messy fashion and start linking him to the Koch Brothers, gun owners, Paul Rand and the Anti-Chomsky.
Hacking Team snoopware found on US servers
Thursday 6th March 2014 21:52 GMT
The ironymeter just exploded like a fatladen overripe sausage in a pan!
“The extensive and deliberate use of dedicated US hosting companies by foreign countries’ wiretapping activities raises a number of pressing legal and policy concerns,” Citizen Labs says. “These include whether RCS client countries violate US law and longstanding international legal principles on sovereignty and nonintervention through use of this spyware."
Oh noes. Someone is violating US laws, not to mention suddenly re-relevant "international principles" which can only be violated by Team USA.
SOMEONE CALL THE WAAHHABULANCE!!
Citizen Lab is an interdisciplinary laboratory based at the Munk School of Global Affairs, University of Toronto, Canada that focuses on researching the relationship between technology, human rights, and global security.
They clearly also doing practical research in reaching previously unheard levels of faggotry.
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Biting the hand that feeds IT
