EC

solomonsatoshi

Interviewee suffers from a serious case of cognitive dissonance.He admits working for Easyshitcoins founder on their KYC policy document that forms the basis of their unique banking with Kiwibank so knows that Easyshitcoins broker model is designed to conform with the incredibly restrictive interpretation of NZ KYC regulations that the NZ banks have taken. It does this by avoiding ever holding custody of any Bitcoin - Easyshitcoins simply acts as a middleman between NZ customers and offshore exchanges.He would know that at the time Easyshitcoin CEO who he worked with on the KYC document was employed by NZs second largest bank Westpac, as their Corporate Strategy Manager and that 9 months after incorporating EC the CEO went on to a senior executive role at AirNZ serving directly under Christopher Luxon and board member John Key chairman of ANZ, NZs largest bank. He should know that John Key formulated the KYC regulations that the bankers are now using to take their uniquely obstructive approach to Bitcoin custody based exchanges making NZ the only OECD nation not to allow custodial Bitcoin exchanges.He should know that Cryptopia where he also worked had been forced by the banks to employ an intermediary agency which was in turn a close partner associates of the ANZ bank and that those intermediaries had the access and means to move the funds from Cryptopias custody which led to Cryptopias demise...and opened the market to Easyshitcoins...otherwise they would never have been able to achieve the market domination they now enjoy.https://www.reddit.com/r/BitcoinNewZealand/comments/10fq3wn/cryptopia\_was\_turning\_over\_more\_than\_the\_nzx\_the/Interviewee is an apologist for Easyshitcoins and has been employed by them since the beginning.It is logical strategy for the bankers cartel to create a KYC platform that dominates the market and is aligned with its corporate banking culture - and Easycrypto is just that. Easycrypto prevents alternative P2P/DEX platforms from achieving critical mass and delivers market data and control to cartel associates.All other NZ Bitcoin platforms have been refused banking service...because the cartel only requires one 'easy' to use platform to achieve effective market capture.The interviewee has been part of enabling Easycrypto and has presumably earned substantial fiat for doing so and will hope to continue to do so via the Brazil operation. Easycrypto cannot pay its employees in Bitcoin because they are not allowed to hold custody of a single Satoshi- that is spelled out very clearly in the AML-KYC document that the interviewee helped write...to comply with the bankers cartels dictates.

riisen

Multiply the eliptic curve generator point (g) with the decoded private key to get the public key point (x, y coordinates on the EC)

CryingRipperTear

[https://imgur.com/a/GfoW4EC](https://imgur.com/a/GfoW4EC) ​ oh, the parts that triggered the ai detector are my sources which is copied from the us auction website

igadjeed

Quantum computing isn't a serious risk, probably never will be --- > that key should be partially quantum resistant Elliptic curve key-pairs and elliptic curve message signatures rely on a mathematical trapdoor function. It's computationally fast to calculate an exponential, and computationally slow to calculate the reverse, a logarithm. Then with a few tricks - choosing the parameters for a secure curve, limiting the domain to integers, using numbers large enough to require millions of years to brute force - the discrete logarithm problem is infeasible to solve in reasonable time (assuming that brute force is the most efficient method) This trapdoor principle is the basis of much of cryptography. Over the decades, several ciphers and algorithms have become insecure due to the discovery of mathematics which is more efficient than brute force. More accurately, for MD5 and (most recently) SHA1 hashing algorithms, there are mathematical techniques which reduce the brute force effort to a few minutes. These mathematics were discovered after many years of popular use of both algorithms In 1994, a mathematician (Peter Shor) proposed an algorithm for a future quantum computer which enables the rapid solution of the prime factorization problem (RSA cryptography) and the discrete logarithm problem (EC cryptography, as in Bitcoin signatures). Given a public key, and a sufficiently powerful quantum computer, an EC private key can be discovered in a matter of hours using Shor's algorithm But, a commonly used Bitcoin address is a hash of a hash of a public key - pay-to-public-key-hash (P2PKH) or pay-to-witness-public-key-hash (P2WPKH). Neither Shor nor any other mathematics can use a quantum computer to quickly reverse a hash (Grover's algorithm on a QC can brute force a hash in square root time, which is not a security risk) When you spend a Bitcoin coin, the spending tx-input contains the signature **and the public key**. Verification is two steps * the pubkey is hashed to see if the hash matches the address on the coin being spent * the signature is checked against the pubkey and the "message" (transaction contents) This process means that if you use an address only once, its public key is not exposed to the public network or the blockchain until the coin is being spent. So a Shor quantum attack on that public key reveals a private key which can not spend any Bitcoin There are foolish people who reuse a Bitcoin address. After spending one coin, the exposure of the public key enables Shor QC discovery of the paired private key, which then enables Professor Shor to spend all the other coins which contain the reused address > would multi-sig wallets (only received and never sent) be more secure No difference. A single spending transaction contains sufficient public keys to discover the minimum of private keys for spending all the other coins which have that same address Protection against Shor QC is very simple. Use Bitcoin as it was designed. Each address is single-use. No address reuse. No exceptions

beinardus

>AWS server Sorry for the late response. Unfortunately, I have no expierience using AWS. Therefore I asked the question to ChatGPT. According to ChatGPT there is something like "Security Groups" in an EC2 Instance: "Configure security groups: Make sure to allow inbound traffic on port 8083." Probably the same goes for the ZeroMQ ports on the bitcoin node. If you had mentioned that you were using AWS cloud services in your initial question, you would have had much better responses. ChatGPT prompts I used: * AWS is a cloud service of Amazon? * How can I host a NodeJs webservice application serving on port 8083 in AWS? You get a quite excessive answer, but I can't verify if it is correct, because I don't use it.

pojut

>The regime will take effect until the European Commission (EC) implements the Basel III banking reforms, and aims "to make sure that banks will have to disclose their exposure to crypto-assets." This is what the start of regulatory clarity looks like.

EggplantsLover

What do you mean? EC2s are always on AWS Lambda functions are what they usually use for serverless.

nomorebonks

>Oyster serverless leverages the power and security of AWS Nitro Enclaves, Cloudflare workerd runtime, and cgroups to provide unparalleled isolation and protection for the executed code. I looked it up and it's using EC2's as well on AWS? Just put the entire website/app on-chain with the internet computer so it's a tamperproof smart contract and away from Big Tech. And use the SNS as a DAO since there's nothing like it.

RevengePersonified

If you have significant crypto assets(or plan to) an *air-gapped* crypto HW is a good investment. I had a ledger nano X(lol) but I just bought this https://www.ellipal.com/products/ellipal-titan-mini-premiere-edition?utm_source=Google&utm_medium=Shopping&utm_campaign=EC03-230320&gclid=CjwKCAjws7WkBhBFEiwAIi1680i0nLl9J1dYR4F-LTDQ0aRtUSHatbNocZag5xXzYGsUdRBCr10PMhoCncMQAvD_BwE Hot wallets are fine for small amounts, and if you are comfortable potentially losing all your crypto in said wallet. But keeping *your whole stash* in one? Fuck. No.

SoupRider

After reading even more in depth, I realize that they do have a road map to move away from AWS EC2 SMS verification (for phone number verification) and AWS S3 (for the frontend). Interesting! My question still stands though on why ICP is the chain to do this on /u/nomorebonks

LivingFondant1419

Same wallet just did the same thing to my beloved Donuts: https://etherscan.io/tx/0xb1d538a0d696a490b3eaa6eeeef37babec0de0c2803927032b6459b6735a92ef This wallet: 0xD98EC0EFeD65549b96BDe0eCb73B3B61078Fa1C1

OG_KRIPTIK

Total scam, buy $MEL contract: 0xCE4eEd562Aa1c1126956166E347Df44EC7e85358

MinimalGravitas

> Also SHA256 was fucking created by the NSA…. Assuming you're ignorantly making reference to Snowden's claim that the NSA influenced the US National Institute of Standards and Technology to weaken the Dual_EC_DRBG random-number generator standard, you'll be pleased to know that is why Ethereum (and therefore presumably all EVM based chains... which is most of crypto) use Keccak-256 rather than the potentially compromised FIPS-202 SHA-3 standard.

DBRiMatt

As I just finish work for a weekend, I came across a picture that I can relate all too well to.... [one day Crypto will resolve this!](https://scontent-syd2-1.xx.fbcdn.net/v/t39.30808-6/349151116_650274390450371_7515346566183826463_n.jpg?_nc_cat=1&ccb=1-7&_nc_sid=5cd70e&_nc_ohc=FCIu0U5L8ecAX9fonNx&_nc_oc=AQnH6qBQkSD1j_LTKxKKkdW4bPBINW2-bl74WXvl4C5HFvQuSiy02WEp0eHuKiDI_D0&_nc_ht=scontent-syd2-1.xx&oh=00_AfDWrQ76Wkcw7q9C1QC4cGDNgN13S29SlxqaD6Pxoa9pOQ&oe=647605EC)

OisinT

I'm not suggesting that there were historically (and probably still are) not ways to reduce your corporation tax rate below the 12.5% rate; however to suggest this is specific to Ireland is not correct. It is (was?) an international problem with IP tax shifting and Ireland was one of **many** countries where this was occurring. The OECD estimated 36% of all international IP corporate profits were shifted via parent companies to zero tax jurisdictions such as the Caymans (etc.). ​ The OECD Global Tax Deal which Ireland signed-up to, in addition to the 15% minimum corporation tax (Ireland and the US have an exemption for companies with global revenues below €750m - there may be others but these are the ones I'm familiar with), also attempts to fix this problem by implementing taxation a company's profits in the country where they make sales rather than where the IP is held. So it's not ***Ireland*** that is flouting international laws; it was historically international laws that were flawed. So far the ECJ has upheld this view and we will not have a final call on this until later this year or early next year once the EC's Apple tax appeal is decided.

achow101

IIRC they all do support EC, but only on specific curves. They don't allow arbitrary curves to be provided, and secp256k1 is generally unsupported.

whitslack

Good answer. I'm surprised that still no one has made an EC smart card. Bitcoin's particular choice of curve shouldn't matter since the curve parameters could be passed to the card. I guess maybe getting Schnorr on a card might be asking too much, but I'm really surprised that ECDSA hasn't been implemented.

OPTIMUS-PRIME27

EC's clarity on crypto rules: as clear as mud in a jelly jar!

00_Jose_Maria_00

Also Argentinean here. This is a classic take, to blame whatever party is in power at the time, but it is borne out of ignorance. Inflation in Argentina is chronic because we always have a dollar shortage, and we have a dollar shortage because we are always servicing debt from the IMF. For example, in 2022 we ran a 7 Billion USD surplus from our international trade, mainly from selling our agricultural products. https://www.indec.gob.ar/uploads/informesdeprensa/i\_argent\_02\_23EC82BFFB1E.pdfBut how much is our yearly debt servicing obligations? For 2023 that is projected to be 14 Billion. https://www.imf.org/external/np/fin/tad/extforth.aspx?memberKey1=30&date1key=2022-10-31&category=FORTH&year=2023&trxtype=REPCHG&overforth=F&schedule=expSo, even if 2023 was a good year and we did run a trade surplus like in 2022, we would still be 7 Billion USD underwater, and suffering crazy inflation as a result.2023 is, unfortunately, not a good year. We are now in the middle of a historical drought, so you do the math. To compound the problem, the forex markets and exchanges are full of predatory capital looking to capitalize by betting against weak currencies. The math is so easy to see, everyone piles on and shorts the s\*\*t out of the Argentinean peso, making inflation even worse. Now, one could argue that Argentina should not have taken out the debt in the first place. But if you have read the Confessions of an Economic Hitman, you know that the debt is forced down our throats by force. This latest bout of debt was thanks to Macri, who signed the largest one in our history right before he was voted out of office. https://theintercept.com/2022/03/10/argentina-imf-debt-protests/Argentina is unfortunately screwed.

nomorebonks

My fault sorry - I was deploying a bunch of EC2 instances.

EtherVirtualMachine

The ANOMALY TXID: 0XCF416C536EC1A19ED1FB89E4EC7FFB3CF73AA413B3AA9B77D60E4FD81A4296BA You can check this out in Etherscan. An account was deleted despite being out of gas. This it’s an anomaly and Gavin Wood states it’s an architectural flaw in the EVM design.

bad_piggie

Hi! The WP stands for "Western Province". This picture was taken at Bloubergstrand (translates as blue mountain beach) in Cape Town South Africa, about an hour's drive from where I live. Vanity plates around here all have the provincial code on it, for example NC for Northern Cape, EC, WC etc. I'm quite suprised by the number of crypto themed plates I've come across in Cape Town alone, crypto is alive and well here in South Africa!

tsumy

I will wait for the VPSInu and the EC2Inu. If we want internet computers, bring me the classy ones

Wrathwilde

Yet, with ETH last week I wanted to swap $490 worth of NTX (an EC-20) for USDC, quote estimated $63 ETH, with a maximums charge of $470, wouldn’t let me make the $63 swap unless I had $470 of ETH in my account to begin with.

zoomercoomer9000

A good way to avoid this is to check the token contract. e.g. https://etherscan.io/token/0x6982508145454ce325ddbe47a25d4ec3d2311933 > 34,687 holders > 189,727 transfers > $92,922,648.28 market cap > created 7 days ago by "PEPE: Deployer 1" vs https://etherscan.io/address/0xe4a8c6B43D31f7A0d626deA35d4890EC5374B070 > 1 holder > 1 transfer > $0 market cap > created 6 hours ago

sahizod

[Dual_EC_DRBG](https://en.m.wikipedia.org/wiki/Dual_EC_DRBG) I forgot a word

dlq84

Elliptic curves are use in the ECDSA (That's the the EC stands for)

TurtlesBeSlow

Montenegro, as well as South Korea, are both signatories of the EC on extradition. My guess is Seoul gets him first.

timc84

Can someone check my understanding: Bitcoin private keys are 256-bits, but the effective security is 128-bits? That reduction comes from the EC function making the public key. e.g. if you wanted to brute force a private key it would take 2\^256 tries, but trying to reverse a public key to private key may take 2\^128 tries? (This is still an impossible amount of work and unlikely to ever be broken except for advances in EC math that reduce the required work?)

RedOctobrrr

SEC is ordering the immediate delisting of the S in SEC after learning it is, indeed, a security. Henceforth, the SEC shall be referred to as the "and Exchange Commission" or abbreviated "&EC."

CrossroadsDem0n

This is gibberish. The question was simple. Given that git is already fundamentally a decentralized technology, and that anybody could choose to set up repo mirrors for it any time they want to pony up a little effort to do so... where is this act of ownership and censorship taking place? How is this proposal specifically addressing that act of censorship? Honestly, how is this anything but whining over a specific vendor, when the technology in question is not even intellectual property unique to that vendor? Git hosting is a commodity, dozens of companies do it and 6 billion people on planet Earth could set up a cheap EC2 instance on AWS and spin up a git host in hours; in a few minutes if it is work you are used to doing.

dtxs1r

Did you check and see what other domains may be resolving to the same host or IP address? I have seen where some scammers stupidly use a shared host w/ add-on domains instead of EC2 instances. So you may be able to uncover multiple scam domains at once.

yasabi

I'm not absolutely sure of this but I believe CoinSwap transactions appear no different than standard transactions as the swapping itself is negotiated offchain, and the only onchain data are the EC points as mentioned above. Please don't quote me on it, tho, and perhaps swing by the forums instead to get more details from people far more qualified than myself to comment. Also, as I said this is a wallet-level not a protocol-level feature. And, even so, many people on the forums are arguing for it to be default-on in the reference implementation anyway! Part of the hesitancy towards doing so may be contextualized by noting the Grin project's statement that they're designing this protocol "for the decades to come, not just for tomorrow." Many integral decisions are made based on estimations of what will be optimal many years in the future assuming the project survives. An example of this is the linear 1GRIN/sec emission policy, which despite disfavoring present-day speculative investors, makes mining as lucrative in the year 2050 as it is today (and possibly moreso, if by chance the valuation does significantly increase!) If the devs aren't willing to skew emission to present-day holders, they're not doing to mandate other solutions they feel may be sub-optimal in the long term for them either.

fartigrade

It's quite obviously a scam, but just FYI you _can_ mine without buying any hardware through cloud mining. You can purchase hash power through one of the popular pools or use something like EC2 and set it up yourself. The returns are stable but very low, you're generally better just putting the money into an index fund.

furcryingoutloud

> Its true, i deal with them all the time. Do you mind if ask what you do? I don't mind going private if you don't want to state it publicly. > Its the whole of the whole bitcoin movement. I think decentralization is inevitable, its a force like gravity and entropy. Sooner or later it should win. I would be all for it if it weren't for the possibility of errors in smart contracts in general. The industry still has not matured as far as writing rock solid code for them. Just that thought keeps me from doing anything on sites that have smart contracts. Obviously, I expect this to be improved upon with time. Coin mixers were/are supposed to be a form of decentralization, yet even then, somebody holds the code and has access to those coins while they are being mixed. So fail for them, for now. But then you have the US shutting them now. I believe the US government will be the biggest barrier to crypto in the long run. Lots of European countries have made clear that they are very open to crypto companies, Cypress, Malta, Portugal, Britain. Lots of opportunities there. Here is an interesting read, if you're up to it, from Reuters. [https://regintel-content.thomsonreuters.com/document/IB25263B0A6EC11EDA757AEA1C26A23E6](https://regintel-content.thomsonreuters.com/document/IB25263B0A6EC11EDA757AEA1C26A23E6) Would be interested in your thoughts about that article. Cheers.

RaidersandPokemon


Aggravating-Deal-260

The article isn't about crypto. It's about blacklisted offshores as not all offshores are blacklisted. I just connected these two to ask what are the consequences. I read this about [EU blacklist](https://www.lexology.com/library/detail.aspx?g=201a225c-d9b8-4d0d-b960-3deb29ce87f8) but I don't understand how it will impact Tether. >The EU tax blacklist will have an impact for the blacklisted countries and for companies seeking to do business in or through those countries. There are reputational issues for countries included on the blacklist and companies may be reluctant to use structures, enter into transactions and/or invest in or via the blacklisted countries which would impact inbound investment into those countries. There is also a risk that individual EU countries, as well as other countries, may use the EU tax blacklist as a basis for their own blacklists. The EC has encouraged EU Member States to agree on co-ordinated sanctions to apply at national level against the listed jurisdictions. At the individual Member State level, a set of administrative and legislative tax counter measures have been agreed. Administrative tax measures include increased monitoring of transactions and more audits for taxpayers benefitting from such regimes or using structures via the blacklisted countries. Legislative tax measures include non-deductibility of costs, controlled foreign companies’ rules, withholding tax measures, limiting any participation exemption, special documentation requirements and anti-abuse provisions. Additional counter measures are in place at EU level. EU legislation restricts certain EU development and investment funds from being channelled or routed through entities in the blacklisted countries. Further, under EU’s Directive on Administrative Cooperation in the field of taxation (‘DAC 6’), there is a requirement to disclose and exchange information related to certain transactions between associated enterprises that are resident in an EU or blacklisted jurisdiction including cross-border payments between such enterprises. Finally, the country-by-country reporting includes stricter reporting requirements for multi-nationals with activities in the blacklisted countries.

grndslm

There's plenty of facts directly from your other article... >While ruling out that the CBDC would mimic the full anonymity offered by cash, she said the ECB and the EC are exploring the possibility of replicating “some cash-like features and enabling greater privacy for low-value, low-risk payments This seems pretty clear to me that they're admitting the levels of privacy with CBDCs will be NOTHING like cash. You're being incredibly naive in believing that a digital CBDC is going to lack tracking mechanics. It's NOT possible, due to the "four horsemen" that Natalie mentions -- terrorism, child pornography, etc. The government and Central Banks will NOT permit a currency that cannot be tracked. It's NOT in their interest.

grndslm

From your other article... >While ruling out that the CBDC would mimic the full anonymity offered by cash, she said the ECB and the EC are exploring the possibility of replicating “some cash-like features and enabling greater privacy for low-value, low-risk payments This seems pretty clear to me that they're admitting the levels of privacy with CBDCs will be NOTHING like cash. You're being incredibly naive in believing that a digital CBDC is going to lack tracking mechanics. It's NOT possible, due to the "four horsemen" that Natalie mentions -- terrorism, child pornography, etc. The government and Central Banks will NOT permit a currency that cannot be tracked. It's NOT in their interest.

btc-beginner

That is nothing. The big bucks are made when big companies, buy other big companies. Usually with the type of super low to zero interest rates, that slowly to never gets paid back. Different rules for different players. Here is a great explanation : https://youtu.be/EC0G7pY4wRE

grndslm

>While ruling out that the CBDC would mimic the full anonymity offered by cash, she said the ECB and the EC are exploring the possibility of replicating “some cash-like features and enabling greater privacy for low-value, low-risk payments This seems pretty clear to me that they're admitting the levels of privacy with CBDCs will be NOTHING like cash.

Schwammosaurus_Rex

I'm German, too. Crypto stuff aside, I'm quite happy with ING. They have a sleek app and no fees, unless you need a EC card (Debit cards are free). Only downside is a 1.75% fee if you pay abroad in foreign currencies, but for this there are free credit card companies anyways. If you need to park money, then the German Robin Hood clone "Trade Republic" offers 2% interest on parked cash, no fees or locking periods, always available for emergencies.

AESTHTK

Electric Capital counts active devs based on consistency of activity - rather than just number of actions. Many projects use their repo for project management and as an ecosystem wiki, so one pm updating content on a Monday is a thousand commits. EC isn’t perfect, but it filters out this noise.

polloponzi

>A partnership that was announced days ago and you’re talking about badges? Now do a list of all of the partnerships that are not paid for by said blockchain group. I'm talking also about being listed on the first page on a search of "blockchain" versus the 5th page. You are out of arguments sorry, this partnership has nothing special over other the 7073 partnerships that Amazon EC2 has and I gave you proof of that. The Avalanche guys just timed this nicely and managed to convince a few PR guys at Amazon to help them publish a blog post and a tweet. They are likely selling their bags on you and others, you are their exit liquidity. You can keep being stubborn or not, I don't care but facts talk by themselves: their partnership with Amazon is the same partnership that Amazon had/has with other 7073 companies of which 83 also do 'blockchain'

polloponzi

Yes, is a partnership according to your definition of partner-shipment Now let's look at all partners Amazon EC2 has: * **83 partners for blockchain (out of 7073 total partners)** \-> [https://partners.amazonaws.com/search/partners/?keyword=blockchain](https://partners.amazonaws.com/search/partners/?keyword=blockchain) * Well known companies like Accenture, LG or IBM are also on that list of 'blockchain partners'. * Ava labs appears on [the 5th page on that search](https://partners.amazonaws.com/search/partners/?keyword=blockchain&page=5) * Here is their "partner page" on Amazon -> [https://partners.amazonaws.com/partners/0010h00001h4r08AAA/Ava%20Labs](https://partners.amazonaws.com/partners/0010h00001h4r08AAA/Ava%20Labs) * Looks special right? At least Accenture has this badges: [https://partners.amazonaws.com/partners/001E000000VHBQIIA5/Accenture](https://partners.amazonaws.com/partners/001E000000VHBQIIA5/Accenture) >23 AWS Competencies 9 Partner Programs 6 AWS Service Validations 2k+ AWS Certifications 1k+ AWS Customer Launches ​ Ava Labs has **not even one badge** right now. **what a joke**. For god sake. You are looking more like a clown the more you try to defend this

polloponzi

>ignoring facts to continue to reply that it is a "fake partnership" It may be not fake for you, but I'm European and for me a real partnership means more than just a good relationship with a client who sells his solution (blockchain instances) on my shop (amazon EC2 cloud) where I take the biggest part of the fees. BTW, here is how you can be come partner of Amazon EC2: [https://aws.amazon.com/partners/](https://aws.amazon.com/partners/) This is basically what Avalanche did.

polloponzi

wow.. calm down man. I get that you are annoyed because your bags are hurting and you are trying to pump this shitcoin. But please keep the discussion educated. Pretty much all companies are paying Amazon EC2 services even if they have one of this fake 'partnerships'

BuyRackTurk

It seems to be legal in pretty much every part of the EU as far as I can tell, according to Payment Services Directive 2007/64/EC . Do you know of any specific legislation that prohibits discounts by payment method?

kimsabok

[https://www.youtube.com/watch?v=EC0G7pY4wRE](https://www.youtube.com/watch?v=EC0G7pY4wRE) Mar 2017

kimsabok

https://www.youtube.com/watch?v=EC0G7pY4wRE

kimsabok

https://www.youtube.com/watch?v=EC0G7pY4wRE

IcArUs362

This is both VERY scary & VERY interesting!! It should not happen! Funds being raised to help him recoup. Apparently they SOMEHOW got his coldwallet too. There is an interesting offshoot regarding a server hack that happened last week at his employer, but he said they had no access to localhost so IDK if is related in any way.I am VERY curious how they got his coldwallet AND hotwallet seed phrases being that the word is they were not kept on his computer. Interesting story, but credible enough person that it's reasonable to begin helping him to recover (he is a longtime core dev who discovered that segwit was able to be soft-forked). Address being shared to help in collecting funds for him here (REMOVE 2 SPACES) 3Mb2FnQxoed2Z CE5E45PFiBviF TYPz81EC

BraidRuner

Threadneedle St, London EC2R 8AH, UK, The Old Gray Lady herself. Founded with wooden sticks.(Tally Sticks)

circleuranus

Prof. Werner brilliantly explains how the banking system and financial sector really work. https://www.youtube.com/watch?v=EC0G7pY4wRE

RealOzSultan

Always the boos from the EC

locuester

See their privacy policy. Did you opt out of marketing email? It’s on the account settings page. Otherwise: 13. Contact Us If you have questions or concerns regarding this policy or our processing of your Personal Information, please feel free to email us at: privacy@gemini.com; or write to us at: Gemini Trust Company, LLC, 600 Third Avenue, 2nd Floor, New York, NY 10016, or Gemini Europe, Ltd or Gemini Services, Ltd, 1 Poultry Office 02-102, London, United Kingdom EC2R 8EJ. If you are located in the UK or in the EEA, in a Member State other than Ireland, and you believe that we have not adequately resolved any such issues, you have the right to contact the Information Commissioner’s Office

Nonocoiner

Coinbase charges less than $1, and Kraken less than $4 currently to withdraw EC20's. I think none of the exchanges charges $60. Maybe OP is confusing the minimum withdrawal amount of the exchange with the fee?

jaumenuez

Very good explanation. A lot of people who talk about EC don't really understand it well enough to lay it out at this level of simplicity.

Mr_P_Nissaurus

EC2 instance? Man, you just don't get it.

hakplay

Without knowing the actual architecture behind the game I can’t give you too many specifics, but designing the software behind a homegrown application from 0 and then deploying, scaling, and maintaining it is a HUGE ask for anything less than a team of IT professionals. As a word of friendly advice from someone who designs and architects systems, I’d wager containerization will be your friend here. However, this is expensive (look up EC2 instance prices for your compute needs as a starting place) and technically demanding (you’re asking for custom software and systems administration on top of network architecting) so I doubt you’ll find someone who will do this for less than a 6 figure salary. It might be worth looking into getting funding if you’ve got the chops to put together a business plan and pitch it though.

Zeeterm

Not without some fundamental break in the cryptography. 256 bit EC is strong enough that you'd be talking limitations on total energy in the universe to break it without a weakening. The only way it gets broken is if the underlying curve is revealed to have a backdoor, not because of a SHA hash rate. They're also fundamentally different algorithms, just even comparing them is really just humouring the idea you can compare them.

malobservation

I'll safe-keep! 0x324F2698191E742D6EC83139b60cF83A1BCbc3D7

WittyStick

...and the rest. Let's do the math. 256-bits means our search space is 2^256, which is approximately 10^79. A typical computer will perform 1 addition per clock cycle and the clock will run in the order of GHz. An EC multiplication requires many additions, but let's be generous and assume that we have a blazing fast computer that can perform EC multiplication in one cycle and runs at 10Ghz. If we all leave one running for a year, 60*60*24*365 seconds, we can smash through 32*10^6 * 1^10 = 32*10^16 keys in a year. Let's assume 10 billion people on earth each have one of these machines running. They can collectively brute force ~10^27 keys. Still a long way of 10^79. So let's leave them running not just for one year, but for the known age of the universe (13 billion years). We can now go through 10^37 keys. Still not there. Let's give every person on earth a billion of these computers each. 10^46. Hmm. Let's add another universe the same age as our own. 10^47. How about a billion universes. 10^56. Getting somewhere, but we're still short a few hundred billion years or a few trillion universes.

Capital-Difficulty-6

Get into Drip while it’s still low. 1% compounding interest on deposit even if you put 100(about 20 drip)bucks eventually it’ll compound to the account limit of 100k drip tokens and you can cash out slowly. Look it up and decide if it’s for you but I’m investing pretty heavily in it. And the shameless shill you can use my buddy code if you like: 0x14bCA9F2ecAf783EC17839DBb93ea1f34b0a215c Plenty of YouTube videos out there about it. Hope you make money whatever you end up doing!

TheSteefe

The whole thing feels like XRP just refused to pay the “right” people ($EC) and so legal tantrums have ensued.

11010110111110111

It’s invalid due to an artifact of the elliptic-curve cryptography the keys are used in: …private key is converted to a public key by performing an EC point multiplication with the curve’s base point. The result is an (x,y) coordinate pair, which constitutes the public key. Essentially, the zero key asks the system to multiply the base point by 0, which gives the zero-point on the elliptic curve. This is the point at infinity in the projective representation of the curve, which has no representation in the usual (x, y) coordinates. So it’s mathematically impossible to construct a readable public key from the 0 private key, and it’s excluded by fiat from elliptic-curve cryptography.

Vedaykin

Isn’t lightning network fee 1% and credit card 2,5-3%? EC card is 2,5% fees in Germany.

castorfromtheva

>EC is not the US president, they make policy suggestions and it's on each country to adopt them. Afaik this isn't completely true. Afaik it is told that EU law breaks (=is superior to) national law. But I don't think this is stringently applied, dunno. Nevertheless with advancing shifts withing political directions (Sweden, Italy, France...) we'll see for how long the EU will manage it to not break apart.

pink_raya

the original goal was prosperity for industries minimizing bureaucracy between member states and later added open borders. It is the single most successful project at that scale on the continent, by far. EC is not the US president, they make policy suggestions and it's on each country to adopt them. Just because they have no idea what they are talking about, doesn't mean anything to EU. There were a number of EU countries that tried this already without EC legislation. This whole regulation will be an absolute nothingburger for private individuals and in the end, like everything - good for bitcoin.

ismirschlecht

Just take a look: (BEP-20 token transactions: [https://bscscan.com/address/0xa0988EC51Fdb86729cde044E03fE73f67D1e6a9F#tokentxns](https://bscscan.com/address/0xa0988EC51Fdb86729cde044E03fE73f67D1e6a9F#tokentxns) 75,906,667,086 Tokens in, balance is 76 B

koloki8a

The crisis is still ongoing since 2008. Debt was 350 Billion, 12 years of austerity measures later, the debt is 370 Billion and most public sector including natural monopolies have been sold off for nothing. The worst is, this was no mistake. This had never worked in the past and would never work out, they would impoverish the country while covering their exposure. But the most important thing was that there had to be a lesson for the larger economies of southern Europe like Spain and Italy (which is in trouble now). That’s Europe. Sort of a group of equals, some more than others, united but not exactly. People think Bitcoin is useless because they have such a legit currency like the Euro and democratic governance. What could go wrong... Just ask the Cypriots who were forced by EC, ECB and IMF to bail out the banks in 2012 by slashing fiat accounts with deposits over the insured amount.

HyperMisawa

Don't think so, at least not when it comes to quantum resistant crypto. Maybe you're thinking about [this](https://en.m.wikipedia.org/wiki/Dual_EC_DRBG)?

Camatobe

In Germany you still have to hope they support „EC-Card“. Some shops or services just accept fiat cash.

phamtruax

Sabrent 2.5-Inch SATA to USB 3.0 Tool-Free External Hard Drive Enclosure \[Optimized for SSD, Support UASP SATA III\] Black (EC-UASP)

occams_lasercutter

EU is screwed. They have four choices ahead: 1) Sacrifice the currency to save the economy 2) Sacrifice the economy to save the currency 3) Sacrifice their pride to save both the currency and economy by ending the mad sanctions 4) Sacrifice the economy AND the currency AND the population and go to war to save their pride. Given how things have gone lately they tend to pick the worst of all options. I'm guessing they choose war, pack of fools that they are. They might even worsen the deal and grant the EC the dictatorial supreme emergency powers they are asking for.

igadjeed

More generally, I think it's similar to BIP32 HD keychains (but not the same) And BIP47 is a minor variation of BIP32 The chess game is different to BIP32 * to generate a child pubkey, BIP32 increments an index counter and hashes xpub and derivation path, which includes chain code, and index * the chess game does EC point addition, adding the 256-bit binary number representing the chess move to the initial public key The chess README fails to properly explain the arithmetic which creates tweaked private keys for spending the coins sent to the tweaked public keys. The 142536/ADBECF analogy doesn't map into DEF being the 256-bit representation of chess move "g1-f3" (0x67312d6633) Perhaps I'm overthinking, and the corresponding private key is simply 0x67312d6633 added to the initial private key I suggest the chess game could be implemented using BIP32, and using the integer value of the chess move as the child index. The players would need to exchange xpubs at the beginning of a game Also, it would be wise to query the players' own nodes, instead of sending 40+ queries to the blockcypher API for each move

Lucifer_Morning_Wood

It formed Ethereum. It's Ethereum that's the forked chain, EC is the original chain

Setyman

Hey, free stuff! 0xa2F838A959Ba6022692F5136EC3dDe0ce4894Ee5

_nformant

I agree! But what is quite disturbing - at least to me - is that you won't find much information about Secp256k1 (elliptic curve used for Bitcoin) and when I read about the [possible "Dual\_EC\_DRBG" backdoor](https://en.wikipedia.org/wiki/Dual_EC_DRBG#Weakness:_a_potential_backdoor) I really get nervous. Everything I could find about that curve was posted after the bitcoin release. And when it comes to such details there is always little to no articles around or they are too complicated for someone like me.

Spartan3123

Yeah so far only XMR AFAIK seems to be the coin/community that is still pushing for decentralized mining - with P2Pool and no ASIC gatekeeping. Even in XMR, I am not satisfied with the level of decentralization but people & developers seem to care about it and are trying to address it. There are also less political attacks like censoring of EC-ETH possible since XMR is fungible - so mainly double spending for personal gain is the main use case if the consensus system fails in XMR. Where as in ETH and BTC governments want to censor certain addresses creating more motivation for subverting the consensus layer.

seaourfreed

Everyone used the Secp256r1 curve (in Elliptical Curve Cryptography) early on. “Satoshi” went with an esoteric Secp256k1 (“k”) instead. Everyone LATER found out Secp256r1 was insecure and had to move off of it. Then wondered why Satoshi used the one they would have to move to later. How did he know before the knowledge existed in the non-classified world. More detail: https://dappworks.com/why-did-satoshi-decide-to-use-secp256k1-instead-of-secp256r1/ Google "NSA Dual Curve EC backdoor NIST” for more specifics.

pwuille

* ECC = Elliptic Curve Cryptography, a subdomain of cryptography involving various algorithms (for signing, encryption, key agreement, ...). * ECDSA = Elliptic Curve Digital Signature Algorithm, a specific cryptographic scheme consisting of three algorithms: one for key generation, one for creating signatures, one for verifying signatures. It is a variant of the older DSA algorithm, but using elliptic curve based techniques rather than multiplication-modulo-a-prime. Now, while in theory every cryptographic scheme can specify its own key generation algorithm, it happens to be the case that essentially all elliptic curve based algorithms use the same key generation algorithm. So the ECDSA key generation algorithm is essentially the same as the key generation algorithm for ECDH (key agreement) or EC-Schnorr (Bitcoin's BIP340, replacing ECDSA), or the ECIES encryption scheme, ...

seaourfreed

During the 2008 mortgage crisis, the us intel services considered risk of currency collapse a massive problem. If the bailout didn't work, it may have required printing 100 times more money, and the USD could have collapsed then. A "team" may have been formed to launch "Bitcoin". Doing this as a hedge in case the US Dollar collapsed. See the timing from the 2008 mortgage collapse wrt when the timing was that bitcoin was launched. Also another hint... See the params used in Eliptical curve crypto wrt Bitcoin's code. Certain parameter was non-standard but used in bitcoin. Made no sense. Later it was learned that the main parameter everyone used was insecure. Everyone found they had to move to this esoteric EC parameter. Then they saw bitcoin was the only other project that used it. Coincidence...

Randrufer

In Germany there rarely is a chance and as long as it's more convenient to pay by debit card or EC-Karte, I'll do that. I overall feel that day-to-day payment is likely not the strong suit of crypto

racerx150

I did this to a Trezor wallet... BEP20 to EC20. It was still at my address, but I had to connect MetaMask to my wallet to see it and then send it back to my original place. The whole lesson cost me about 10% of my total.

realSatoshiN

CoinControversy is run by a Dutch man who runs a failed crypto business. The man claims to be expert in crypt but did run an exchange only years after the launch of bitcoin. This failed as well. And he claims to be an expert in crypto, but he clearly don't even know pgp keys are identified by their hash and not by their userID and email. I dont only own the private keys of 0x18C09E865EC948A1 but also 19 more pgp keys, some dated back from 1998. The man is full of hate and was several times banned with his accounts from twitter in his attempt to counter CSW. In many cases he was right in his point of view, however, his hate did lead to this point he shoots to friend and foo and now even attack me, the genuine Satoshi Nakamoto. The moment I digital sign, the man will pay for his insults and misleading actions in court. Satoshin

Known-Artist7248

Hi is this a complete scam? I put some money in this tokenswap.net on the suggestion of a friend. Now they have froze my account and asking for $10,000 to be wired to this address from an external app in order to unfreeze: 0x204EC9eb571d3965c45390A8C1F7A0c2aC9b90a5 What should I do? Let it all go? (It’s way more than 10K) or pay the 10K in hopes of being allowed to withdraw my money back? I am really stuck and would appreciate any good advice. Thanks

eqleriq

it's not a step down OR up, it's a side step so he can be the "public face of the company" and not have to wrangle the c-suite, raither liaise with it via leading the board. In every larger corp I'm aware of a CEO is subservient to exec chairman because the EC can essentially have the CEO replaced via board agreement.

spacecam

In most situations you're right. If there's no reason to distrust the calculations being done, by all means do it on your own private EC2 instance. Let's say you're hosting an election and you use your own EC2 instance to tally up all the votes. You have everyone submit their votes on your website and your server spits out that you won or the candidate that pays your salary won. People may call bullshit and want to see how the calculations were done and ensure that the votes weren't tampered with. You cant prove that you did the calculations honestly on a system that you have full control over. Contrast that with running an election on the EVM. Everyone has full visibility into every vote received, they can audit the code, the code can't be changed after the election starts and the votes cannot be tampered with after they are received. No way to call bullshit when it's fully transparent. So in short, use EVM when you don't want trust to be a factor. Which seems to be more and more common these days.

lilcokebrat

EC2 is a pretty cool ticker

Surfsd20

Why would anyone needs to use the Ethereum Virtual Machine when an EC2 has hundreds of times as much processing power for a fraction of a fraction of the cost?

faxilito

I don´t have the Glassnode graph, but I'm pretty sure it's just an image. Check Microstrategy, they have a real-time document with Bitcoin analytics: https://demo.microstrategy.com/MicroStrategyLibrary/app/A728B9A98C420236E6C825AAB4A812D6/8CF183CB4346C729EC6E2EA368BF49ED/WBF01FA492EE94461945FAA5EF010EA39--KCFA7445B23444EFB3CB594B608B727DB

ec265

Run an alternative EC such as Erigon, Nethermind or Besu

hegysk

Yep but the issue OP is having is: Mobile wallet address syntax: 0x71.....976F Full wallet syntax: 0x71C7656EC7ab88b098defB751B7401B5f6d8976F Theoretically I too just check first couple and mainly last couple of chars but it's still a bit awkward.

Quantris

It depends on what you mean by "EC". In general it will depend on the curve used. Specifically the EC curve used in Bitcoin is dealing with (almost) 256 bits.

ExpensiveLength518

EC can only produce a public key from 256 bit private key if I am not wrong

Quantris

The value of G is implied; bitcoin always uses the standard curve for all EC operations and that includes the choice of G.

Quantris

If you can produce a valid ECDSA signature then either you have a valid private key on the right curve, or you've broken the EC cryptography.

scorchPC1337

In the replies to that post, I see it wasn’t properly signed. “Sign with the key 5EC948A1 or shut up, you scammer”

CecilTestudo

Spend the money on buying more Bitcoin. You don't need a big EC2 instance but your going to pay for the 600gb of data. Better to just take more BTC off the exchange. Having it in strong hands that supports the cause is better in my mind versus having one more node that you're paying monthly rent on...