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Bitcoin

Bitcoin Fees Are Skyrocketing (arstechnica.com) 272

An anonymous reader quotes a report from Ars Technica: The cost to complete a Bitcoin transaction has skyrocketed in recent days. A week ago, it cost around $6 on average to get a transaction accepted by the Bitcoin network. The average fee soared to $26 on Friday and was still almost $20 on Sunday. The reason is simple: until recently, the Bitcoin network had a hard-coded 1 megabyte limit on the size of blocks on the blockchain, Bitcoin's shared transaction ledger. With a typical transaction size of around 500 bytes, the average block had fewer than 2,000 transactions. And with a block being generated once every 10 minutes, that works out to around 3.3 transactions per second. A September upgrade called segregated witness allowed the cryptographic signatures associated with each transaction to be stored separately from the rest of the transaction. Under this scheme, the signatures no longer counted against the 1 megabyte blocksize limit, which should have roughly doubled the network's capacity. But only a small minority of transactions have taken advantage of this option so far, so the network's average throughput has stayed below 2,500 transactions per block -- around four transactions per second.
Bitcoin

In-Store WiFi Provider Used Starbucks Website To Generate Monero Coins (hackread.com) 30

hjf writes: On December 2nd, Twitter user Noah Dinkin tweeted a screenshot that showed that Starbucks' in-store "free WiFi" is using their captive portal to briefly mine the Monero cryptocurrency during the 10-second delay splash screen. Starbucks has not yet responded to the tweet, and neither has their wifi provider, Fibertel Argentina. While Dinkin mentioned that the culprit behind the scheme could be Starbucks' in-store wifi provider, it's possible that a cybercriminal could have hacked their website to place CoinHive code secretly. HackRead notes that "just a few days ago researchers identified more than 5,000 sites that were hijacked to insert CoinHive code, yet Starbucks' direct involvement is still unclear." CoinHive is a company that produces a JavaScript miner for the Monero Blockchain that you can embed in your website. Any coins mined by the browser are sent to the owner of the website.
AI

AI-Assisted Fake Porn Is Here and We're All Screwed (vice.com) 291

New submitter samleecole shares a report from Motherboard: There's a video of Gal Gadot having sex with her stepbrother on the internet. But it's not really Gadot's body, and it's barely her own face. It's an approximation, face-swapped to look like she's performing in an existing incest-themed porn video. The video was created with a machine learning algorithm, using easily accessible materials and open-source code that anyone with a working knowledge of deep learning algorithms could put together. It's not going to fool anyone who looks closely. Sometimes the face doesn't track correctly and there's an uncanny valley effect at play, but at a glance it seems believable. It's especially striking considering that it's allegedly the work of one person -- a Redditor who goes by the name 'deepfakes' -- not a big special effects studio that can digitally recreate a young Princess Leia in Rouge One using CGI. Instead, deepfakes uses open-source machine learning tools like TensorFlow, which Google makes freely available to researchers, graduate students, and anyone with an interest in machine learning. Anyone could do it, and that should make everyone nervous.
NASA

President Trump Is Sending NASA Back To The Moon (npr.org) 307

President Trump has formally told NASA to send U.S. astronauts back to the moon. From a report: "The directive I'm signing today will refocus America's space program on human exploration and discovery," he said. Standing at the president's side as he signed "Space Policy Directive 1" on Monday was Apollo 17 astronaut Harrison Schmitt, one of the last two humans to ever walk on the moon, in a mission that took place 45 years ago this week. Since that time, no human has ventured out beyond low-Earth orbit. NASA doesn't even have its own space vehicle, having retired the space shuttles in 2011. Americans currently ride up to the international space station in Russian capsules, though private space taxis are expected to start ferrying them up as soon as next year.
Bitcoin

The Case that Bitcoin Is a Bubble (economist.com) 264

An anonymous reader shares an excerpt from the Economist: It seems that every day, Bitcoin seems to hit a new high. But the reported price can move up and down by $1,000 or so within a few hours. This might have made it a great investment for those who got in at the right price and are nimble enough to get out in time. But it doesn't make it a useful means of exchange (Editor's note: the link could be paywalled; alternative source). When the price is rising fast, those who use bitcoin will be reluctant to part with it; when the price falls, those who sell goods will be reluctant to accept it.
Bitcoin

Bitcoin Futures Surge In First Day Of Trading (npr.org) 64

On their first day of trading, bitcoin futures surged past $18,000, adding to a streak for the digital currency that began the year at just $1,000 and has nearly tripled in value over the past month alone. From a report: Reuters reports that bitcoin futures, traded through the Chicago Board Options Exchange (CBOE), saw January contracts, which opened at $15,460 in New York on Sunday evening, leap to a high of $17,170 during Asian hours. Trading, which began at 6 p.m. ET (5 p.m. CT), was so intense that halts designed to cool volatility were triggered twice on the CBOE. The halts are "not surprising based on the volatility of the underlying [asset]. The futures are behaving as expected and designed," Tom Lehrkinder, senior analyst at consulting firm Tabb Group, was quoted by CNBC as saying.
Debian

Does Systemd Make Linux Complex, Error-Prone, and Unstable? (ungleich.ch) 751

"Systemd developers split the community over a tiny detail that decreases stability significantly and increases complexity for not much real value." So argues Nico Schottelius, talking about his experiences as the CEO of a Swiss company providing VM hosting, datacenters, and high-speed fiber internet. Long-time Slashdot reader walterbyrd quotes Nico's essay: While I am writing here in flowery words, the reason to use Devuan is hard calculated costs. We are a small team at ungleich and we simply don't have the time to fix problems caused by systemd on a daily basis. This is even without calculating the security risks that come with systemd. Our objective is to create a great, easy-to-use platform for VM hosting, not to walk a tightrope...

[W]hat the Devuan developers are doing is creating stability. Think about it not in a few repeating systemd bugs or about the insecurity caused by a huge, monolithic piece of software running with root privileges. Why do people favor Linux on servers over Windows? It is very easy: people don't use Windows, because it is too complex, too error prone and not suitable as a stable basis. Read it again. This is exactly what systemd introduces into Linux: error prone complexity and instability. With systemd the main advantage to using Linux is obsolete.

The essay argues that while Devuan foisted another choice into the community, "it is not their fault. Creating Devuan is simply a counteraction to ensure Linux stays stable. which is of high importance for a lot of people."

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