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Hash Chains

I
was wrong about my initial impression but also possibly on to something as it pertains to the hash tree that could be created with Blake.

Hash / Merkle Tree Concept

Rather than just creating an appended list (sort of like blockchain) and then adding an additional operation that merely hashes the last input, it feels like it would be prudent to have all of the values hashed together in some capacity.

So that means:

1) H = x

2) H(x)

3) H(H(X))

4) H(H(H(X)))

There's something that's missing in this construction.

Only way that this could work is if the generator of the hash chain kept at least a few values secret.

But it is impossible for this to be done in a way where all of those values are kept secret and this be seen as externally valid.

The only other way is to ensure that all of the values are public. But if you must do that then you need to devise another method that will require people to remain honest bc you've trapped off their avenues for "cheating".

This is why the write-up on the way that time is calculated on the blockchain is extremely fucking important - it is an objective source of randomness that keeps everyone honest if it can be adhered to.

The idea that I had about the UNIX time tracking was interesting, but ultimately one critical underpinning here (hmm...)



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Hash Chains

I
was wrong about my initial impression but also possibly on to something as it pertains to the hash tree that could be created with Blake.

Hash / Merkle Tree Concept

Rather than just creating an appended list (sort of like blockchain) and then adding an additional operation that merely hashes the last input, it feels like it would be prudent to have all of the values hashed together in some capacity.

So that means:

1) H = x

2) H(x)

3) H(H(X))

4) H(H(H(X)))

There's something that's missing in this construction.

Only way that this could work is if the generator of the hash chain kept at least a few values secret.

But it is impossible for this to be done in a way where all of those values are kept secret and this be seen as externally valid.

The only other way is to ensure that all of the values are public. But if you must do that then you need to devise another method that will require people to remain honest bc you've trapped off their avenues for "cheating".

This is why the write-up on the way that time is calculated on the blockchain is extremely fucking important - it is an objective source of randomness that keeps everyone honest if it can be adhered to.

The idea that I had about the UNIX time tracking was interesting, but ultimately one critical underpinning here (hmm...)

BY LibreCryptography


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Should You Buy Bitcoin?

In general, many financial experts support their clients’ desire to buy cryptocurrency, but they don’t recommend it unless clients express interest. “The biggest concern for us is if someone wants to invest in crypto and the investment they choose doesn’t do well, and then all of a sudden they can’t send their kids to college,” says Ian Harvey, a certified financial planner (CFP) in New York City. “Then it wasn’t worth the risk.” The speculative nature of cryptocurrency leads some planners to recommend it for clients’ “side” investments. “Some call it a Vegas account,” says Scott Hammel, a CFP in Dallas. “Let’s keep this away from our real long-term perspective, make sure it doesn’t become too large a portion of your portfolio.” In a very real sense, Bitcoin is like a single stock, and advisors wouldn’t recommend putting a sizable part of your portfolio into any one company. At most, planners suggest putting no more than 1% to 10% into Bitcoin if you’re passionate about it. “If it was one stock, you would never allocate any significant portion of your portfolio to it,” Hammel says.

In many cases, the content resembled that of the marketplaces found on the dark web, a group of hidden websites that are popular among hackers and accessed using specific anonymising software.“We have recently been witnessing a 100 per cent-plus rise in Telegram usage by cybercriminals,” said Tal Samra, cyber threat analyst at Cyberint.The rise in nefarious activity comes as users flocked to the encrypted chat app earlier this year after changes to the privacy policy of Facebook-owned rival WhatsApp prompted many to seek out alternatives.LibreCryptography from pl


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