Kyt Dotson
Latest from Kyt Dotson
Bitcoin Weekly 2014 April 9: The Heartbleed bug edition
For the web this week has been a huge gust of security news after an exploit discovered in a popular SSL encryption library–responsible for encrypting much of the web’s traffic–became well known. Due to the security-conscious nature of the Bitcoin community (and in no small part that bitcoin storage relies on strong security) this exploit, ...
‘Heartbleed’ SSL vulnerability causing heartburn for Bitcoin web services
A major security flaw recently discovered in a popular library for the SSL protocol—the cryptographic underpinning of a bulk of all web transactions—has been discovered that could affect a large number of bitcoin services. The two year old flaw, named “Heartbleed” affects versions of OpenSSL that could weaken the security of encrypted web traffic, which ...
The San Jose Quakes to become the next sports team to accept Bitcoin
The San Jose Earthquakes will be accepting bitcoin with the upcoming soccer season. This makes the Quakes the second professional sports team to take bitcoin as a payment option—following the Sacremento Kings (an NBA team) who announced that March 1st would mark their acceptance of bitcoins. Soccer fans can expect to use the virtual currency for ...
Bitcoin Weekly 2014 April 2: Square Market opens up to Bitcoin, Circle.com $17m investment and service announcement, Ulbright’s lawyer seeks reprieve, Chinese regulation rumors
Square, noted ecommerce processor and service, has begun giving merchants the options to accept bitcoins with their Square Market service. Circle.com just announced a $17 million funding round alongside the launch of their first two products, an exchange and a wallet service, but the entire thing is still invite-only as it ramps up. Ross Ulbright, ...
Amazon races into desktop virtualization with general availability of WorkSpaces
Amazon WorkSpaces, announced in November 2013 and only accessible to a small group of selected users, is now available to the public. The AWS customers can purchase a subscription at a price between 35 and 75 dollars a month to create and manage a virtual desktop to the cloud. The Seattle company has also released ...
Bitcoin Weekly 2014 March 26: IRS to tax bitcoins as property, Kraken exchange implements reserves audit, MtGox found 200k missing coins
“Bitcoins will be taxed as property, not currency,” the IRS has made official in a policy statement when it comes to bitcoins and Federal taxes. No doubt this change will generate a very interesting media storm. Bitcoin exchange Kraken has submitted to a cryptographic audit for proof-of-reserves and passed, as well as become the recipient ...
City of Paradigm: The Big Data DevOps of customers and user experience
Below is an excerpt from Kyt Dotson’s novel City of Paradigm, a science fiction tale about a fictional 21st century city situated somewhere in California. Each City of Paradigm column is two parts: an excerpt from the novel and an editorial describing the real-world context of the technologies described in the story. Readers may find ...
Bitcoin Weekly 2014 March 19: Dorian Nakamoto denies connection to Bitcoin, MtGox gets a login, Blockchain.info goes offline
Newly outed Dorian Nakamoto has outright denied any involvement with Bitcoin after a Newsweek published an article claiming that he is Bitcoin’s Batman Satoshi Nakamoto. MtGox gets an interesting form on its front page allowing users to log in and view their currency balances on the now defunct exchange. Blockchain.info had some issues staying online ...
Sandbox-styled, virtual world MMO MyDream announces Kickstarter campaign
A new Kickstarter has just appeared on the horizon for an interesting new sandbox, multiplayer game called MyDream following in the path of similar MMOs seeking to tap the creative interests of gamers. With the world so entranced with sandbox-styled multiplayer games such as Minecraft, it stands to reason that people are primed for seeking ...
Bitcoin Weekly 2014 March 12: Newsweek ‘finds’ Satoshi Nakamoto, MtGox bankruptcy continues, Big Fish Games gets BTC, 3dcart leads more adoption
The dominant news this week revolves around Satoshi Nakamoto being “found” yet again and the fallout surrounding his “discovery.” Of course, unlike every other time someone had been thought to be the founder of Bitcoin, Dorian Satoshi Nakamoto also has the same name. MtGox continues to face a lot of heat in the community and ...
