Ben Arc is a free open-source software advocate and founder of LNbits. In this interview, we discuss how LNbits helps to decentralize custodianship and how Bitcoin’s widescale utility outweighs the environmental FUD.
Hufflepuff was the largest bettor Primedice had ever seen, he was often seen betting upwards of $8000 worth of bitcoin every second for hours on end. After getting spooked by his delayed cashout on Nappa, the exploiter waited a few weeks and created a new account named "Hufflepuff". Our entire team was shocked that Hufflepuff continued to beat the house edge (1%) and stack up more and more profit over time.
Past topics have ranged from Cannabis to Censorship , Libertarianism to the Lightning Network , and Sex Workers to Segwit2x . Individual podcast episodes have focused on engaging and accessible conversations with some of the industry’s most influential minds. Industry leaders such as Adam Back , Michael Saylor and President Nayib Bukele have shared the WBD mic along with rising stars. No areas of discussion are off-limits and differences of opinion are encouraged.
We then look at the goals of cryptoeconomics with respect to distributed systems fundamentals (liveness, btc safety, data availability) and the griefing factors and faults in the way of these goals. We examine the meaning and properties of cryptoeconomics as it relates to its two compositional fields: cryptography and economics.
Last Chg Open High Low Date/Time E-Mini S&P 500 Future Dec 2022 $3,886.75 -3.25 $3,889.50 $3,903.75 $3,846.25 Sep 19, 2022 12:21 p.m. E-Mini S&P 500 Future Sep 2023 $3,972.50 -6.50 $4,377.75 $3,972.50 $3,964.00 Sep 19, 2022 9:45 a.m. E-Mini S&P 500 Future Jun 2023 $3,949.25 -1.25 $3,932.50 $3,964.25 $3,908.25 Sep 19, 2022 12:21 p.m. E-Mini S&P 500 Future Mar 2023 $3,916.50 -2.75 $3,914.25 $3,933.25 $3,876.00 Sep 19, 2022 12:21 p.m. E-Mini S&P 500 Future Sep 2024 $4,094.00 0.00 $0.00 $0.00 $0.00 Sep 16, 2022 4:06 p.m. E-Mini S&P 500 Future Dec 2025 $4,228.00 0.00 $0.00 $0.00 $0.00 Sep 16, 2022 4:06 p.m. E-Mini S&P 500 Future Mar 2024 $4,043.00 0.00 $0.00 $0.00 $0.00 Sep 16, 2022 4:06 p.m. E-Mini S&P 500 Future Dec 2024 $4,126.00 0.00 $0.00 $4,568.75 $4,568.75 Sep 16, 2022 4:06 p.m. E-Mini S&P 500 Future Jun 2024 $4,079.00 0.00 $0.00 $0.00 $0.00 Sep 16, 2022 4:06 p.m. E-Mini S&P 500 Future Dec 2023 $3,995.75 -11.25 $4,060.00 $3,995.75 $3,992.25 Sep 19, 2022 10:18 a.m.
First, we take a look at distributed systems and alternative consensus mechanisms, as well as cryptoeconomic and proof-of-stake. The course covers many key topics in the blockchain space. We wrap up the course by also taking a look at the various blockchain ventures today and conclude with a blockchain-based future thought experiment. We then move on to the fundamental applications of bitcoin and blockchain technology, including exploring enterprise blockchain implementations (JP Morgan’s Quorum, Ripple, Tendermint, and HyperLedger), the challenges and solutions around scaling blockchain adoption, and the measures that the government is taking to regulate and control blockchain technology.
The What Bitcoin Did Podcast is a tri-weekly Bitcoin podcast where host Peter McCormack interviews experts in the world of Bitcoin development, privacy, investment and adoption. Launched in November of 2017, the podcast has grown to over 500 episodes with a guest list that is a testament to the diversity of knowledge and opinions that represent the broader Bitcoin community.
Investors fear that FOMC will announce another massive interest rate hike, bitcoin
especially considering that Consumer Price Index (CPI) data for August 2022 showed inflation increased by 0.1% from July to August, despite previous rate hikes. The Federal Open Market Committee (FOMC) is slated to hold its 6th meeting this year on September 21.
We reached out to Hufflepuff via his bitcointalk forum account and demanded the return of the coins, however this backfired unbelievably hard. It turned out that our developer had improperly patched the glitch. Given the nature of Bitcoin there wasn’t much we could do but take it on the chin. He was unable to cashout more than 50 or 60 coins this time around as our site hot-wallet was drained. In response to our message, Hufflepuff created a new account named Robbinhood and proceeded to rapidly win 2000+ additional bitcoins using a work-around to the patch. Unfortunately we detected this exploit after cashing out Hufflepuff and BNB his handful of accounts 2400+ coins (roughly $1M at the time).
The first block of Bitcoin information refers to the famous headline of the newspaper 'The Times' that announces the rescue to the banking system at the expense of taxpayers' money in the United Kingdom. Bitcoin was born at the beginning of 2009 as a new form of electronic money and a disruptive digital store of value reserve through a new technology called Blockchain that did not depend on the traditional banking system.
This is the story of how we lost around $1 million worth of bitcoin to a hacker who exploited our online casino’s RNG system. This happened last year, but we’ve decided to share our experience for transparency and so that others can learn from our mistakes.
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