h...@finney.org (Hal Finney) on Saturday, January 24, 2009 wrote:
Countermeasures by botnet operators would include moderating their take,
perhaps only stealing 10% of the productive capacity of invaded computers,
so that their owners would be unlikely to notice. This kind of thinking
quickly
Satoshi Nakamoto writes:
Announcing the first release of Bitcoin, a new electronic cash
system that uses a peer-to-peer network to prevent double-spending.
It's completely decentralized with no server or central authority.
See bitcoin.org for screenshots.
Download link:
Bill Frantz writes:
-+-
| Some people tell me that the 0wned machines are among the most
| secure on the network because botnet operators work hard to
| keep others from compromising their machines. I could see the
| operators moving toward being legitimate security firms,
|
Hal Finney wrote:
* Spammer botnets could burn through pay-per-send email filters
trivially
If POW tokens do become useful, and especially if they become money,
machines will no longer sit idle. Users will expect their computers to
be earning them money (assuming the reward is greater
Announcing the first release of Bitcoin, a new electronic cash
system that uses a peer-to-peer network to prevent double-spending.
It's completely decentralized with no server or central authority.
See bitcoin.org for screenshots.
Download link:
Dustin D. Trammell wrote:
Satoshi Nakamoto wrote:
You know, I think there were a lot more people interested in the 90's,
but after more than a decade of failed Trusted Third Party based systems
(Digicash, etc), they see it as a lost cause. I hope they can make the
distinction that this
On Sat, 17 Jan 2009, Satoshi Nakamoto wrote:
[[various possible uses of Bitcoin et al]]
Once it gets bootstrapped, there are so many
applications if you could effortlessly pay a few cents to a
website as easily as dropping coins in a vending machine.
In the modern world, no major government
Jonathan Thornburg writes:
In the modern world, no major government wants to allow untracable
international financial transactions above some fairly modest size
thresholds. (The usual catch-phrases are things like laundering
drug money, tax evasion, and/or financing terrorist groups.)
To
