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‘Bitcoin and Friends’ Featuring Petey Pablo Adds Levity to Crypto

‘Bitcoin and Friends’ Featuring Petey Pablo Adds Levity to Crypto

By CCN: Bitcoin now has its very own version of “Adult Swim.” A cartoon called Bitcoin and Friends will soon be launching its second episode pending fundraising through a combination of donations and sponsorships. The cartoon features the voice of rap artist Petey Pablo who plays Jones, a car dealer turned ice cream truck driver/drug dealer.Bitcoin’s Own South ParkBitcoin the character is born into a dark world blown out by the 2008 financial crisis. Every 10 minutes or so, he spews out a bunch of children who go scurrying off-screen. Satoshi Nakamoto is featured in the first couple of minutes, a shadowy figure who tells him that he will discover his destiny eventually. In the first episode, Mitalik, Harold, Bitcoin, and Jones meet Pal Fifty, a character very reminiscent of Hal Finney. They also meet someone who seems an awful lot like Dorian Nakamoto in a memorable scene.The artwork brings to mind the world of several Adult Swim cartoons. In a conversation with Robert Allen, however, we learned that the creative inspiration for the cartoon comes mainly from cartoons like South Park, Futurama, Rick and Morty, and an “eclectic mix” of other animated comedies.Allen told CCN that he’s wanted to create something fun for the crypto space since he entered in 2013. His other endeavor, Coincube.io, is much more serious. It’s a portfolio automation service that helps crypto investors secure profits through diversification. Allen says “Uncle Chris”, who does the voice of Bitcoin, approached him with the idea last year. Coincube.io sponsored the first episode. The crew has a budget of $20,000 per episode and is currently over two-thirds of the way to funding the second episode.Bitcoin and Friends Navigate a Dark LandscapeOver the long term, they’re hoping to pick up sponsorships from deep-pocketed firms or even potentially find other distribution avenues later on. Allen says that he and his team are dedicated to making the show as accessible as possible. That goal makes options like subscriber-only or even airing exclusively on network television out of the question.“Our hope is that we can get people laughing a little bit more at themselves and at each other and hopefully just try to lighten the mood a little bit. And try to bring people together. The common enemy that we all have is that central banking is a huge problem. Allowing a small group of individuals to decide monetary policy, to set interest rates, to decide if they print a trillion dollars out of thin air to bail out their buddies on Wall Street – that is a level of corruption that is hard for most people to even grasp. It’s pretty awful. It needs to be addressed head-on. That was, I think, the original impetus for the creation of bitcoin and that is what should be bringing everyone in crypto together – the realization that we should be working together.”All of the likenesses in the show are used without permission, so names are changed to protect the guilty. Mitalik Buterin, for example, is a leading character. The producers tried to reach out to Vitalik Buterin through this vlog where Bitcoin the character addresses him directly:The high production quality of the show gives us hope for its prospects. Bitcoin and Friends has already amassed nearly 20,000 subscribers on YouTube after releasing only one episode. Allen says the team is fully committed to getting out the first season regardless of anything, although they have some funding hurdles to get over.Just now, as you were reading this, Bitcoin recorded a new vlog from his life in Los Angeles, circa 10 years ago.
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Moonday Mornings: Binance to resume deposits and withdrawals after $40M Bitcoin hack

It’s time for Moonday Mornings, Hard Fork’s wrap-up of the weekend’s top cryptocurrency and blockchain headlines. Here’s what happened. 1. Binance says it will resume deposits and withdrawals on its platform on Tuesday. The cryptocurrency exchange had suspended the functions following an attack in which hackers stole over $40 million worth of Bitcoin. 2. The…

Moonday Mornings: Binance to resume deposits and withdrawals after $40M Bitcoin hack

It’s time for Moonday Mornings, Hard Fork’s wrap-up of the weekend’s top cryptocurrency and blockchain headlines.

Here’s what happened.

1. Binance says it will resume deposits and withdrawals on its platform on Tuesday. The cryptocurrency exchange had suspended the functions following an attack in which hackers stole over $40 million worth of Bitcoin.

2. The figureheads of the fake cryptocurrency scheme, OneCoin, are being sued. Brother and sister duo, Konstantin Ignatov and Ruja Ignatova are facing a class action law suit for their involvement in the scam which was “based completely on lies and deceit,” ZDNet reports.

3. A Bitcoin BTC fueled ransomware attack hit the Baltimore City government last week. Despite being cleaned of the ransomware, hackers are allegedly still accessing the infected computers, ZeroHedge reports. The Federal Bureau of Investigation is now investigating the attack.

4. The creator of the Bitcoin treasure hunt Satoshi’s Treasure is claiming nearly 60,000 people are following the global challenge, CoinDesk reports. One player has already claimed the first prize, and didn’t even have to go anywhere to claim it.

And finally.

5. William Shatner is putting William Shatners on the blockchain. The former Star Trek actor is joining Mattereum, a legaltech firm, to document the authenticity of science collectibles and memorabilia from a range of franchises on the blockchain.

That’s another weekend’s headlines for you. Live long and prosper.

Published May 13, 2019 — 07:58 UTC

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Amazon granted patent for Bitcoin-style system to fight DDoS attacks

Cryptocurrency rumor mongers are likely to be dancing today as Amazon has successfully filed a patent for a Bitcoin-styled Proof-of-Work system. But don’t get ahead of yourself, it doesn’t look like the Seattle-based ecommerce giant will be accepting Bitcoin for payments. Despite first being filed in December 2016, Amazon’s patent application was granted earlier this…

Amazon granted patent for Bitcoin-style system to fight DDoS attacks

Cryptocurrency rumor mongers are likely to be dancing today as Amazon has successfully filed a patent for a Bitcoin-styled Proof-of-Work system. But don’t get ahead of yourself, it doesn’t look like the Seattle-based ecommerce giant will be accepting Bitcoin for payments.

Despite first being filed in December 2016, Amazon’s patent application was granted earlier this week and appears to outline a system that uses Proof-of-Work to prevent distributed denial-of-service (DDoS) attacks.

“One way to mitigate against such attacks is to configure a service such that requests to the service incur some sort of expense, thereby providing a disincentive to participating in the attack,” the application reads.

Planting a Merkle Tree

Amazon proposes to use Merkle Trees to present a Proof-of-Work challenge and make it too costly for a series of computers to perform a DDoS attack.

But what’s a Merkle Tree? In short, Merkle Trees are cryptographic tools where blocks of data are manipulated to give them a unique identifier also known as a hash.

These hashes are then manipulated again to create a parent hash. Parent hashes are always a combination of two or more child hashes. It’s layers on layers of hashed data.

Since computing power is required to build a Merkle Tree, performing such hashes could get very costly in terms of time, electricity, and resources. In turn, this makes DDoS attacks economically unfeasible.

In the case of Amazon’s patent, imagine having to construct a Merkle Tree before you’re allowed to access a website hosted on one of its servers. To an individual the cost might be insignificant, but to an organization trying to carry out a DDoS attack – which might involve many hundreds of computers – it could become prohibitively expensive.

Amazon’s Merkle Tree

Merkle Trees are also used in Proof-of-Work blockchains like Bitcoin as part of its consensus mechanism. But for now that’s as close as Amazon will get to Bitcoin.

Indeed, with this news it seems Amazon is still of the “blockchain, not Bitcoin” mantra. Earlier this month, the web giant said that AT&T, Accenture, and Nestlé are all using its cloud-based blockchain tools.

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South African voters fear mobile political campaigns will steal their personal info

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