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71
Latest Bitcoin News / Latest Bitcoin News Explained by forklog.media
« Last post by administrator on February 19, 2020, 02:12:48 PM »

What is forklog.media? We are a crypto-media platform focusing on comprehensive analysis to help users understand what's happening in crypto and why it's important.

What do we do? We explain the most important news about cryptocurrencies and blockchain and deliver investigations, guides, expert opinions on bitcoin price, digital assets, and mining since 2015.

Why on bitcointalk? We appreciate this community and would love to share our original writing pieces about world crypto news. We believe it’s important to provide crypto enthusiasts with a daily portion of analytical and all-inclusive news for further discussions.

Our goal is to post 2 news pieces with detailed analysis per day to make sure bitcointalk users discuss the latest Bitcoin news. Also, we would appreciate your comments.

Keep in touch with us:

https://www.linkedin.com/company/forklogmedia
https://www.facebook.com/forklogmedia
https://twitter.com/forklogmedia
https://t.me/forklogmedia

forklog.media — what's up with crypto and why it's important

72
ETH Defi Platform, bZx was not only hacked once, but twice already.



https://twitter.com/bzxHQ/status/1229626207869657088

They have this thing called "Flash Loans", which was exploited by the hackers and lost almost $650,000. Maybe it was poorly designed, I myself has a very little understanding though, but as I have said in some of my post about this whole new Defi protocol, for me BTC is the only Decentralized Finance that is very much secure.
73
Latest Bitcoin News / Ian Coleman BIP39 Split-Mnemonic
« Last post by administrator on February 19, 2020, 07:42:17 AM »
Hello BTCitcoiners, been lurking these forums for a few years. This is my first post.


 I have been looking for ways to secure my 24-word BIP39 backup. I am worried about the possibility of someone finding my seed and being able to access my funds, but also want a trusted 3rd party to be able to recover the coins with instructions incase the need arose. An interesting solution that has come up is using the Split BIP39 Mnemonic Scheme from the Ian Coleman Website secured with a BIP39 passphrase.

Basically here is how the Split BIP39 Mnemonic Scheme works:

  - Your 24 words are split into 3 Shares
  - Each Share contains 16 of 24 words,
  - The words are in order with the missing words replaced with XXXXX
  - You keep the Shares in different places
  - It takes 2 of 3 shares to recover the Mnemonic

Now my idea was to take the above scheme and also add a BIP39 passphrase in the form of a 3 word diceware Mnemonic. I would place 2 words on each Share so each share would represent 2/3 of the BIP39 Mnemonic and 2/3 the passphrase. (I would leave the seed associated with just the 24 words empty)

From my understanding, each word in the BIP39 sentence represents 11 bits of entropy (except the checksum) so the 8 missing words represent between 83-88 bits and the missing diceware word would represent 12.9bits. This would give each share approximately 100bits of entropy

Now if there was an adversary the could guess at a rate of 1 Quintillion times per second it would take ~40000 years to guess all possible permutations in the key space.

Code:
2^entropy / Guessing Speed per Second = # of seconds to guess all possibilities

The efficiency of an adversary would also be greatly reduced by the key-stretching involved (PBKDF2 2048 iterations) and having to search the blockchain for a non-zero balance.

I would like to hear from some experts on the pros/cons of doing this, and if any of my assumptions are incorrect.

Tried to post in Technical Discussions but I am not allowed


74
Latest Bitcoin News / Predict and earn bitcoins up to 0.01 btc weekly
« Last post by administrator on February 19, 2020, 07:42:15 AM »
I will share an app that you can earn bitcoin by predicting its price, the app is PITACOIN, there is no need to invest in this app , and no worry because you not lose your bitcoin even your prediction was wrong so download now
Heres the link: https://pitacoin.studio.design/
Use this code and you get 1000 satoshi bonus:
HuIljH
75
Latest Bitcoin News / "Hire a Hackers" ALL SCAM
« Last post by administrator on February 19, 2020, 02:02:56 AM »
Hi people,
I want to share with you my negative experience. Several times I needed hacking services for different things (unlock the phone, forgotten mail access...)
I searched for "hire a hacker", "Rent a Hacker" and all you find on the internet is a SCAM!
When you contact a "hacker", and when you tell him your problem, he make a story and asks for money in advance for tools, software, some other services... It all depends on what problem you have in the end you will surely read "you have to pay 100-200$ first". It's a deposit for tools, the final price is much higher... When you pay him, he no longer answers! That's the end!
But, that's not all!

If you need "black hacking service" e.g. If you asked for someone's profile to be hacked he will begin to blackmail you (if he had gathered enough information about you)! He knows who you are, he will tell everyone, he will make you a problem... and looking for more, more, more money! You become a victim!
Let's understand, hacking someone's profile is not necessarily always bad! I have to say this if anyone condemns me.

It is interesting that they all work on the same template, they have the same story, their contact mails are similar. Probably one scammer has several sites and ads!
And as far as I understand, they are fighting each other! Scammer makes a scam list, with its competition. According to these lists it can be concluded who is at war with whom.
They are all complete idiots! Idiots who make frauds...

If you ever need a hacker service, be smart, careful and never pay anything in advance! And never disclose your personal information!
If anyone knows a real serious hacker who is not a fucking scammer, please share contact.
pm or mail: wotpro1gamer@protonmail.com
76
Latest Bitcoin News / A cryptostar in a galaxy far far away
« Last post by administrator on February 18, 2020, 09:03:14 PM »
The cryptocurrency industry can be regarded as a cryptostar in a galaxy far far away. No man on earth could reach this star in his life time, people can only communicate this star through internet

Each cryptocurrency represent a country on this star. Buying cryptocurrency is like buying land of each country

Why would people on earth to buy lands in a star far far away?
1. it is delivered right away and you have full control and ownership once you have the key
2. the star is far away from earth thus secure from earth violence
3. the limited supply ensures its exchange rate will rise against forever-increaseing fiat money supply


77
Latest Bitcoin News / Bitcoin is getting more adopted in my Country
« Last post by administrator on February 18, 2020, 09:03:12 PM »
I feel very inspired right now. I just came across a video in which there's a Bitcoin ATM in the country! I feel so glad to see how Bitcoin is getting adopted. This proves that after all, our promotion of bitcoin is helping in spreading the news. And we aren't planning to stop the promotion anytime; we're even planning to hold more seminars to help people know about bitcoin. Now, one of the advantages of this Bitcoin ATM is that anyone who doesn't know what Bitcoin is and sees it would ask what the machine is used for, and from there, it just keeps spreading!!! Watch the video here to see how it works. BTW, What progress is happening in your country? If none then try doing more in favour of bitcoin (for countries that find bitcoin legal).
78
Latest Bitcoin News / Paybis gives away FREE Ledger Nano S!
« Last post by administrator on February 18, 2020, 06:26:39 PM »



Paybis FREE Ledger Nano S Giveaway

Paybis is a digital & cryptocurrency exchange. Following an impressive growth rate in the last 12 months, the platform is now hosting giveaways on a regular basis, in order to reward active users.

WEBSITE | GIVEAWAY | BLOG | FACEBOOK | TWITTER | INSTAGRAM

How to participate
To participate in this giveaway, you will need to complete at least one transaction* on the Paybis platform within the next two weeks. Every transaction acts as an entry. The more transactions you make, the more entries you will receive.

*Note: Paybis does not store your funds on an exchange wallet. Instead, it delivers your crypto directly to the wallet you indicate at the start of your transaction. There is also a multilingual support team available around the clock. If you need any assistance, you can contact the agents via live chat, phone or email.

How the winner will be selected
Paybis will randomly select the winning entry from all transactions conducted between 2/18/2020 and 3/3/2020. The lucky winner will be contacted via email. If the email is not responded within 48 hours, the winner will be contacted by phone.

Benefits of Paybis
Paybis allows users to buy and sell cryptocurrencies and digital currencies using many different payment methods. These include credit/debit cards, e-money services, and bank transfers.

The platform also focuses on fast and efficient transactions. ID verification (if needed) only requires 5 minutes to complete. The whole transaction process takes anywhere between 5-10 minutes to complete.

To start a new transaction on Paybis, click here
.
79
Latest Bitcoin News / Wakanda Declares $BTC as its National Reserve Currency
« Last post by administrator on February 18, 2020, 06:26:36 PM »
It finally happened

https://crypto-potential.com/post/wakanda-declares-$btc-as-its-national-reserve-currency
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Latest Bitcoin News / ONLIFE
« Last post by administrator on February 18, 2020, 06:26:33 PM »






                                                                          



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