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BitCoin

First Bitcoin Block Mined 9 Years ago Today

It seems like yesterday, but it’s been 9 years ago today since that first Bitcoin block was mined. It paid out a whopping 50 BTC compared to today’s 12.5 BTC payout per block. That 50 BTC is worth over $700K right now and would be a nice little nest egg if you mined it and held. Happy Birthday, Bitcoin!

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Picture via Twitter
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BitCoin Browser Security

Advertisements vs. Crypto Mining

ThePiratebay, Starbucks and others did it first they added Crypto miners to their pages which basically hijacks your CPU so that they get some profit out of it while you use their services or websites – but let’s talk about the changes it offers compared to traditional advertisements.

persistant-cryptomining
Higher CPU loads than usually mostly identify Browser mining but not always.
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BitCoin

Secure cryptocurrencies – They exist!

I already warned everyone about BitCoin but which alternatives do we have? We have Monero!  Privacy wasn’t one of Satoshi Nakamoto’s main concerns when he created Bitcoin. It was only covered briefly in the original Bitcoin Whitepaper, where he wrote:

… but privacy can still be maintained by breaking the flow of information in another place: by keeping public keys anonymous.

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Official Monero Logo – Picture Source: Monero

In other words, every Bitcoin transaction is public – you can see which address sent Bitcoin to another address – but you don’t know who owns those addresses, unless that person announces it to the world.

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BitCoin

BitCoin – Don’t trust the hype!

BitCoin, I’m not really a fan. Well there several arguments why you shouldn’t trust the BitCoin hype. But before we start we need to know how a thief steals all the coins.

BitCoin
The hype is real!
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BitCoin

The UK and EU Plan to Make Bitcoin Investors Use Their Real Names

The UK and EU are going to start applying anti-money laundering laws to crytpcurrencies next year.

BitCoin

This means that online platforms that trade Bitcoins are going to have to do due diligence on their customers and act as a watchdog for transactions that might be questionable.