http://cryptocoin.cm/
Why start another Bitcoin/altcoin/cryptocoin website, you might ask. While there are indeed many sites about Bitcoin and other cryptocurrencies on the Internet, most of them seem to focus on the financial and investment aspects of these revolutionary payment systems. In contrast, CryptoCoin.cm intends to present the technical angle of the software powering the ever increasing number of cryptocurrencies - by delivering information about special features and software innovation found in these projects. After all, Bitcoin is really just software, created by an incredibly brilliant mind and maintained by a small group of highly skilled developers. But it is not set in stone; on the contrary, it continues to evolve - it receives feature updates, security fixes and code enhancements.
The same holds true for most of the newer cryptocurrencies. Although some of them might be nothing more than a copy of Bitcoin with a few parameters changed (not unlike an Ubuntu remix with a new wallpaper and a different set of default applications), many cryptocurrency developers bring remarkably innovative ideas to the original software and often deliver dramatic improvements and exciting features. This I find very interesting to watch. While Bitcoin is clearly the dominant cryptocurrency at the moment, nobody knows what the future holds and which of these "altcoins" will gather enough momentum to challenge Bitcoin's dominance. After all, choice is good and nobody understands that better than us, the Linux distro hoppers who frequent this website
Distrowatch is providing a new site that will help us better understand cryptocurrencies, and help us use them.
Click the link above to have a better understanding of cryptocurrencies.
The link below is for the Distrowatch article providing an overview of the new site, under the header CryptoCoin.cm Put The Fun Back Into Banking. Use Cryptocurrencies :
http://distrowatch.com/weekly.php?issue ... cryptocoin
Bitcoins and other cryptocurrencies
Bitcoin exchanges are targets for hackers
From Naked Security (Hackers force closure of Canadian Bitcoin exchange Cavirtex) :
Cavirtex joins a long list of Bitcoin exchanges to experience the attention of virtual currency hackers:
In May 2012 Bitcoinica was allegedly fleeced out of $225,000 before experiencing a further $90,000 loss later that same year.
September 2012 saw the then fourth largest exchange Bitfloor lose $250,000 after an encryption lapse during a server upgrade.
Various small exchanges in Australia, China and Denmark disappeared in November 2013, along with investors' cash, after claiming they'd been hacked
2014 saw the fall of the greatest exchange, as Mt. Gox announced it had lost around half-a-billion dollars worth of Bitcoins following alleged insider fraud.
More recently, Bitstamp suspended its service after losing $5 million in BTC after hackers targeted its hot wallet and then, earlier this week, Chinese exchange Bter claimed to have lost $1.75 million after its cold wallet system was hacked.
Cavirtex joins a long list of Bitcoin exchanges to experience the attention of virtual currency hackers:
In May 2012 Bitcoinica was allegedly fleeced out of $225,000 before experiencing a further $90,000 loss later that same year.
September 2012 saw the then fourth largest exchange Bitfloor lose $250,000 after an encryption lapse during a server upgrade.
Various small exchanges in Australia, China and Denmark disappeared in November 2013, along with investors' cash, after claiming they'd been hacked
2014 saw the fall of the greatest exchange, as Mt. Gox announced it had lost around half-a-billion dollars worth of Bitcoins following alleged insider fraud.
More recently, Bitstamp suspended its service after losing $5 million in BTC after hackers targeted its hot wallet and then, earlier this week, Chinese exchange Bter claimed to have lost $1.75 million after its cold wallet system was hacked.
