Internet infrastructure is not as secure as you think
Technical & Updates
"The security vulnerabilities in BGP and DNS are well known, and have been attacked before. This is the largest scale attack I have seen which combines both, and it underscores the fragility of internet security."
This is a pretty big deal, not so much that a few crypto currency users got robbed, but as a reminder that HTTPS doesn't defend against sustained global DNS hijacks https://t.co/v7fNinAS9a— Pwn All The Things (@pwnallthethings) April 24, 2018
Malware trend observation: Attackers rely on knowing which industries and individuals are likely to not be following best practices, as many ‘newsworthy’ events in the past couple weeks were malware or techniques that even well maintained basic antivirus would stop.— Jessica Payne (@jepayneMSFT) April 24, 2018
"Self-sovereign identity SSI) is a two-party relationship model, with no third party coming between you and the organization, now considered your 'peer.'"
My thoughts from the Hashgraph Stockholm event:— Eric Wall (@ercwl) April 24, 2018
- They do appear to have solved BFT & fairness in an efficient way. Imo, it's a great algorithm for private blockchains and 2nd layers.
- Its utility as a *public* network relies heavily on sharding claims, which are yet unproven. pic.twitter.com/NqP08XKxbX
"The 7 nm node is a big deal for the foundry industry in general and TSMC in particular. When compared to the CLN16FF+ technology (TSMC’s most widely used FinFET process technology) the CLN7FF will enable chip designers to shrink their die sizes by 70% (at the same transistor count), drop power consumption by 60%, or increase frequency by 30% (at the same complexity). So far, TSMC has taped out 18 customer products using the CLN7FF technology, more than 50 CLN7FF products will be taped out by the end of 2018."
News & Commentary
Call me crazy but I don't think this should be a controversial post. From pure public policy standpoint of course we would want crowdsales and true running token networks regulated differently, they have entirely different information asymmetries, modes of governance, and risks!— Peter Van Valkenburgh (@valkenburgh) April 24, 2018
Upcoming stablecoin rant.— Philip Daian (@phildaian) April 24, 2018
The problem with stablecoins is not that there is a risk that they will eventually break parity (as with any synthetic instrument). Stablecoins are useful despite this.
The problem is when marketers downplay those risks in communications to users.
"DigiCash failed, and eCash failed with it. But even though the technology did not succeed as a business, Chaum’s work would inspire a group of cryptographers, hackers and activists, connected through a mailing list. It was this group — which included DigiCash contributors like Nick Szabo and Zooko Wilcox-O’Hearn — that would come to be known as the cypherpunks."
"He has said Binance is conservatively valued at about $3 billion and that the company earned $200 million in its second quarter of existence, while declining to share the exchange’s financial statements or provide proof of his personal wealth. Zhao keeps the locations of Binance’s offices and servers secret, though he has previously said that the exchange is based in Hong Kong. Last month, Zhao announced that Binance was setting up operations on the European island nation of Malta."