DDOS Attack on Bitcoin - igaming.org

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Bitcoin Foundation Comments on the Shutdown of Silk Road (Jinyoung Lee Englund Oct, 04, 2013) We received several requests to comment on the Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are... Cloudbric is a security platform that provides individual users a diverse suite of information security services free for personal use. Cloudbric is composed of 4 major security components: web security, device security, crypto asset security, and a decentralized security resource community, Cloudbric Labs. According to Jinyoung Lee Englund, "This is a denial-of-service attack. Whoever is doing this is not stealing coins, but is succeeding in preventing some transactions from confirming. It's important to note that DoS attacks do not affect people's bitcoin wallets or funds". Englund further added that a team of highly experienced software developers were working round the clock to fix this issue ...

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Is Bitcoin the Future of Money? Peter Schiff vs. Erik ...

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