Saturday 8 July 2017

Russia Threatens Telegram Over Data


Another day, another attempt to constrict the basic human rights of humans. Though I have written extensively on the United States’ actions against freedom of speech and net neutrality, this article’s focus is on Russia.

THE ATTACK ON TELEGRAM

While I hold no illusion over the egregious assaults on its citizens’ personal liberties by the Russian Government, a recent threat stuck with me. They are apparently going after Telegram.

For any of you who do not know, Telegram is a messaging app that heavily encrypts messages and can even place a destructive timer on the message(s) being sent, think how SnapChat deletes a photo after a certain amount of time. All of this means that it was incredibly popular among individuals and groups who wanted to maintain privacy in their lives without fear of a Man in the Middle reading what was being sent or a compromised device pouring through their local data.

Pavel Durov -Telegrams founder- expressed just how much privacy of users meant to the company as a whole, and that they have never and would never make deals with government bodies which would threaten those ideals.

For these reasons, many cryptocurrency traders used the app to talk about trades with their partners and friends. It even has been the spawning ground of some trading based bots to help individuals make smarter altcoin trades.

These attractive reasons may be why Russia’s communications regulator Roskomnadzor has claimed that Telegram is in violation of Russian laws, and it has threatened to block Telegram if it does not provide greater information on the company. Apparently, the window for Telegram to provide this information is closing fast. We may see a telegramless Russia.

WHY THIS MATTERS

While it may seem easy enough for Telegram users to move over to a similar messaging app such as WhatsApp/Viber, this instance sets a troubling precedent. Here we have a government infringing on the rights of its citizens to privacy -as outlined in Article 12 of the United Nations Declaration of Human Rights- and attacking the business model of a private endeavor just because they did not want to provide metadata of its users to be stored in government data centers.

Such arrogant defiance and disregard for the rights of its citizen’s right to free speech and privacy by curtailing a popular avenue is not easily undone. I mentioned before that users can just go to a different app, but what if those apps do not bend to the will of the Russian Federation like Telegram, then there will be increasingly fewer places for users to turn. Worse yet, what if they do? User’s private lives may be compromised, stored somewhere in a Russian Mega-data center with algorithms and analysts poring over an individual’s private life in meticulous detail.

When one country can get away with this and there is very little pushback on an international scale, we can expect that it may happen in the countries which did not care to push back. An attack on one person’s privacy and rights in one country is an attack on yours just as much. It plays into the erosion of individual rights. It feels slightly strange to say it, but an attack on Telegram is an attack on us all.


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Friday 7 July 2017

How Bitcoin Scaling Conflict Can be Resolved Between Developers and Miners


As the bitcoin industry and market continue to expand at an exponential rate, the community is expecting the activation of a viable scaling solution to address this growth.

The Bitcoin Core development team’s transaction malleability fix, Segregated Witness (Segwit), has been the preferred method of scaling by the industry. Even the mining community seems to agree to a conditional activation of Segwit.

One condition requested by the miners is the execution of a 2MB hard fork, as explained in the proposed New York Agreement drafted by 57 companies led by Digital Currency Group that represent more than 80 percent of global bitcoin hash rate. The mining community is willing to activate Segwit and optimize the bitcoin block size by around 75 percent given that a 2MB hard fork increase is guaranteed.

Why an Increase to 2MB?

Recently Jihan Wu, the co-founder of Bitmain and one of the most influential figures in the global mining community, was interviewed by Theo Goodman to discuss the scaling conflict between the mining and development communities. Wu addressed the possibility of activating Segwit and other controversial issues in the past such as AsicBoost.

During the interview, Wu expressed his concerns over the deserted Hong Kong Bitcoin scaling agreement and the dismissal of the original agreement to execute a 2MB block size increase by the Bitcoin Core development team.

Wu emphasized that despite previous agreements, Bitcoin Core dismissed the 2MB hard fork agreement and only presented Segwit as the sole scaling solution, which Bitmain along with other Chinese miners and mining pools do not care for.

The original Hong Kong bitcoin scaling roadmap agreed upon by the bitcoin mining community and Bitcoin Core contributors including Luke Dashjr, Matt Corallo and Peter Todd read:

“This hard-fork is expected to include features which are currently being discussed within technical communities, including an increase in the non-witness data to be around 2 MB, with the total size no more than 4 MB, and will only be adopted with broad support across the entire Bitcoin community. We will run a SegWit release in production by the time such a hard-fork is released in a version of Bitcoin Core.”

Wu and other bitcoin miners believe Bitcoin Core abandoned the previous agreement to increase the block size and focus on the development and roll out of Segwit. For this reason, the mining community has been persistent in requiring a conditional activation of Segwit. This is  the New York bitcoin scaling agreement was so clear on an execution of a 2MB hard fork after the activation of Segwit.

What Will Happen Next?

Experts and analysts also believe that the execution of both a soft fork and hard fork to scale the bitcoin network in a relatively short period of time is inefficient. Developers including Bitcoin Core contributor Luke Dashjr have found the New York bitcoin scaling agreement’s codebase Segwit2x to be untested and unsafe for deployment.

Some believe that the execution of a 2MB hard fork may not be necessary upon the activation of Segwit. Thus, the development and mining communities can activate Segwit first and take a wait-and-see approach with the 2MB hard fork if it is still deemed necessary.

Figures such as Erik Voorhees have also begun to call for the activation of Segwit with “no strings attached.” At this point, the only way to resolve the scaling conflict between developers and miners is to come to a consensus on the best activation mechanism for Segwit and establish a long-term roadmap for bitcoin scaling.




source:themerkle.com
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BITPETITE - Bitcoin Tumbler

Having evolved from seashells passed hand-to-hand to digits on an electronic screen, money has come a long way. Ten years ago e-currency was a curiosity – today it has become, for many, a necessity.



However, anonymity remains the main difference between conventional cash and online currencies. It is a common misconception among users of cryptocurrencies that Bitcoin is anonymous. Bitcoin is actually pseudonymous, meaning that the user’s wallet number is an alias, a pseudonym. If the pseudonym’s association with the identity of the wallet’s owner is exposed, the entire history of the transactions involving this wallet will be compromised.

BITPETITE solves the problem of anonymous money transfers. Most financial services abide by the KYC (know your customer) and AML (anti-money laundering) policies, which require customer identification. BITPETITE’s unique feature is that it does not require customers to complete the process of identification and does not store information about customers’ activity.

The system performs exchanges between customers’ money and e-currency drawn from anonymous reserves. The BITPETITE’s confidentiality protection technology involves sending funds to multiple client wallets at a time, delayed currency exchange, and randomized commission fees.

This works in a similar way to a high-resolution display: the more pixels it has, the harder it is to spot each individual pixel. To facilitate the flow of funds, BITPETITE accepts partner investments and offers generous investment terms. With a 6-week deposit period, the investor earns 4.5% daily, and with a 9-week deposit, this interest is 3.6%.

In order to function successfully, BITPETITE needs a constant monetary flow so as to provide high level of anonymity to customers. The more money the system has available in its reserves, the more effectively it can mask each electronic transaction.

The system’s most active investors can also earn additional income. BITPETITE rewards affiliate participants for each new partner they invite: for a first-tier referral, the participant receives 10% of each deposit, second-tier referrals bring the reward of 5%, and the third-tier ones, 2%. Currently we accepting Bitcoin and Ethereum, we also have other promising cryptocurrencies in our plans.

In order to provide extra security of the investments, BITPETITE offers the currency conversion feature. It enables investors to freeze the cryptocurrency exchange rate at the time of deposit, so that they will not lose money due to the exchange rate volatility.




source:themerkle.com
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Sunday 2 July 2017

Wedding photos of soldier and policewoman make nation laugh


THESE have got to be the funniest wedding photographs. When Khairul Anuar and Wahidah Yazid tied the knot, they want to have some humour in their wedding shots.

They had a series of wedding photographs of them play acting. The bride was shown flagging down a car for a traffic offence in Kota Tinggi. She then issued a summon to her husband, which was a drawing of a red heart.




The photos came with funny captions too. The husband was said to have been being fined for “driving too fast and running into my heart”. The fine of “RM 22.50 as the 'mas kahwin' and imprisoned in her heart for eternity”.

The set of romantic pictures quickly went viral, and has received more than 13,000 likes and 4,438 shares at the time of writing.




source:thesundaily.com
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Record fine against Google to benefit EU citizens: Commissioner

THE record €2.4 billion fine slapped on Google by the EU for abusing its market dominance "will find its way back to European citizens," Europe's competition chief said Saturday.



Although the US tech giant has said it expects to appeal, if the European Commission wins, "this fine will return to European citizens" via the governments of the 13 member states involved, European Competition Commissioner Margrethe Vestager said on French radio.

She said each of these countries would see its contribution to the EU budget reduced in the following year, "pro rata, based on this fine".

Brussels has accused the world's most popular internet search engine of giving an advantage to its Google Shopping service.

Google Shopping shows the images and prices of products in response to shopping-related searches when someone uses the search engine.

The EU says that Google is giving its own service too much priority in search results to the detriment of other price comparison services, such as TripAdvisor and Expedia.

The case, launched in 2010, is one of three against Google and of several against blockbuster US companies including Starbucks, Apple, Amazon and McDonalds.

Vestager has said "preliminary conclusions" in the Android and AdSense cases against Google also showed it breached EU rules.

The cases have stoked tensions with Washington and could face the wrath of President Donald Trump, the tycoon who won office on his "America First" slogan and has previously hit out against the EU. — AFP



source:thesundaily.com
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