See Also
Proof of Elapsed Time (POET) Summary [Cryptocurrency consensus mechanisms]
In this poetically named consensus mechanism, network participants prove that they have slept for a random amount of time before being able to mint a block. POET was released by Intel in 2016 and was originally aimed at trusted computing using Intel CPU’s. A special instruction set called Software Guard Extensions (SGX) allows programs to […]
ELI5 Cryptocurrency airdrops and giveaways : Why do cryptos get distributed for free?
There’s no such a thing as free lunch. The famous quote, which probably originated at a saloon in the middle of nowhere, raises a valid question about cryptocurrency airdrops and giveaways. You log into Twitter and, if you follow some of the most popular accounts, then you’ve probably seen something like this: $30 #Bitcoin giveaway […]
2012 Bitcoin and Altcoin Hacks [Part 4]
This article is part of our complete guide to Bitcoin and altcoin hacks. Here we cover Bitcoin and altcoin security incidents from the year 2012. Bitcoinica / Linode Hack Bitcoinica was hacked twice in 2012, which led them to shut down shortly after the 2nd heist. In March 2012 Bitcoinica reported that 18,547 BTC had […]
2013 Bitcoin and Altcoin Hacks [Part 5]
This article is part of our complete guide to Bitcoin and altcoin hacks. Here we cover Bitcoin and altcoin security incidents from the year 2013. Dogewallet Such hack. Many coin. Very disappear. Christmas of 2013 wasn’t a good time for Dogecoin investors. The recently created half-joke-half-serious cryptocurrency had just suffered its first major heist. Although […]