Tag Archives: Bitcoin

Bitcoin mining: What it is and how it works

Bitcoin mining: What it is and how it works

What does Bitcoin Mining mean? Bitcoin mining is the process of creating, or rather discovering, bitcoin currency. Unlike real-world money that is printed when more is needed, bitcoin cannot simply be willed into existence, but has to be mined through mathematical processes. Mining ensures the continuous reissue of Bitcoins like central banks do with paper currency. In general, to mine bitcoins, you need either a GPU (graphics processing unit) or an application-specific integrated circuit (ASIC) in order to set up a mining rig. Bitcoin mining: pros and cons However, it may be not that simple. First of all, you need a special computer to mine this cryptocurrency. Mining bitcoin concerns solving a […]

The guy who hacked Twitter: “Kirk” and the human factor

The guy who hacked Twitter: “Kirk” and the human factor

It was a 17-year-old hacker who managed to persuade some Twitter employees that he was a collaborator of the technology department who needed the credentials to log into the customer support portal. Resident of Tampa, Florida, Graham Ivan Clark – known by the pseudonym Kirk – is defined by investigators as a teenager out of the ordinary. The story Having obtained the passwords, “Kirk” was able to enter the Twitter computer system. The intrusion involved access to hundreds of VIP profiles including Barack Obama and Bill Gates, but also Jeff Bezos, Mike Bloomberg, Warren Buffet, Wiz Khalifa, Floyd Mayweather, Elon Musk, and Kanye West. Kirk’s goal was to publish fake […]

Seminar: “BITCOIN, LA MONETA SENZA AUTORITÀ”.

Seminar: “BITCOIN, LA MONETA SENZA AUTORITÀ”.

The event will take place on 28 of February, at Turin University, in “Aula Buzano”. Following a short abstract: “Bitcoin is a digital currency that operates without any central authority. The key technology behind Bitcoin is the blockchain, a public and distributed register that stores coin exchanges that take place in Bitcoin. The seminar will show how Bitcoin and blockchain work. Some of the myths that have been created around this technology will also be disproved. Lastly, will be presented a research work on the problem of scalability, a problem that prevents Bitcoin from becoming a world-class payment system.”

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