Topics created by travwill

People on Reddit are reporting that Macupdate and download.com have software that is malware infected, on the Mac, that is stealing coins out of wallets:

http://www.reddit.com/r/Bitcoin/comments/1xnm1v/os_x_users_beware_downloadcom_and_macupdatecom/

Wow. Looks like the “security through obscurity” ride Apple had is over, and in the worst possible way (actual accumulated wealth as opposed to, say, stealing processing power for proxies or ad clicks or mining or whatever).

I am honestly depressed by this. People I know that have been working in IT forever are talking to me like “no! Really? I mean–no!”, just absolutely incredulous.

[quote name=“travwill” post=“56035” timestamp=“1391088031”]
Was curious, have discussions occurred to what should transpose when 100% of coins are mined for us or any coin for that matter. At that point there will be no more mining incentive and an important role of miners on the side is to validate transactions right? Would the network really just shrink to those places/individuals running the client at that point and it would still be able to maintain verification speed, etc?

-T
[/quote]

Mining will have incentives: transaction fees. The price of coins will keep going up and the coins will spread out.

Cool site, +Rep.

[quote name=“FTClover” post=“49631” timestamp=“1388805258”]
Ok so I just finished my gravy coin design :P

[img]http://imageshack.com/a/img13/7771/w3qe.png[/img]

I like GRAVY!!! :o
[/quote]

Yum Yum, ;D
It will be a big hit next Christmas, fill up now or be left with dry turkey & spuds.

Chances are that it will happen similarly as it did to BTC. There were a couple coins to take measures against this from happening. Quark was a combination of scrypt/sha256 and currently Prime only uses CPU (i believe)

They are already having problems with launching of the whole… Oh dear. I still hope it’s going to be good though.

Wow, well done you have loads more than me and I been mining for months. Let me know if you need to pay some electric, I’ll buy a couple of you!