..

Long Secret Bitcoin Key About to be Revealed

Written by:
Guest
Published on:
Jun/26/2018

A private key Bitcoin’s creator entrusted to several developers that activates the protocol's so-called "alert system" is about to be revealed.


Bookmaker accepts most crypto-currencies

"The alert system was a frequent source of misunderstanding about the security model and 'effective governance,'" well-known Bitcoin Core contributor Greg Maxwell wrote in a public email from September 2016.

Developers had long feared the key could get into the wrong hands, broadcasting false messages and potentially resulting in chaos.

"Folks, it's going to be an interesting show," Bitcoin Core contributor Bryan Bishop  tweeted.

From CoinDesk.com:

The reveal is the final step to destroying the system. After Bitcoin Core developers released new code in 2016 without the alert system, in January 2017, a "final alert message" was broadcast, which – by law of the code – made that message unable to be overridden by any other messages in the future.

Still, the private key needs to be displayed publicly so there's no possibility of reputation attacks against those developers that hold it.

Bishop told CoinDesk he plans to release it soon, though he's not sure about the exact date.

- Aaron Goldstein, Gambling911.com

Business/Financial News

Dow Jones Betting Total Closing Day June 30 Now 32250.5 Points

Dow Jones Betting Total Closing Day June 30 Now 32250.5 Points

The Dow sank 1,000 points on Wednesday, or 3.2%, as dismal results from Target renew fears that inflation is battering companies.

Betting Markets Indicate No Musk Takeover and Falling Twitter Stock

Betting Markets Indicate No Musk Takeover and Falling Twitter Stock

Elon Musk taking over Twitter seems like a 50-50 proposition at this point, but the people who crunch numbers for a living are giving it even less of a chance.

Craig Wright’s Defamation Suit Will Proceed...Plus Calls for Hearing on TerraUSD's Collapse

Craig Wright’s Defamation Suit Will Proceed...Plus Calls for Hearing on TerraUSD's Collapse

The price of UST plunged to 10 cents last week, while Luna fell to "virtually zero", down from an all-time high of $119.51.

Elon Musk Bets Still Available as Twitter Purchase No Longer a Sure Thing

Elon Musk Bets Still Available as Twitter Purchase No Longer a Sure Thing

Elon Musk says that $44 billion Twitter acquisition deal cannot proceed until there is proof provided that the social media platform has fewer than 5% fake accounts as BetUS continued offering

Find Elon Musk Twitter Odds: Promises to Allow Trump Back on Platform

Find Elon Musk Twitter Odds: Deal Halted?

Elon Musk has closed on deal worth around $44 billion in cash.  Now BetOnline has offered updated odds on whether Musk will reinstate former US President Donald Trump.  But Musk may now be looking for an off-ramp.

Syndicate