The inner mechanisms of cryptocurrency are complex to the point of being Byzantine (much like its fault tolerance). Buying and using it, on the other hand, has become surprisingly straightforward, and, much like your smartphone or the Internet, you don’t really have to understand how it works to use it. Even though the proportion of the overall population that currently owns cryptocurrency is still quite low, the tools for buying, selling, trading, and managing it have become much more user-friendly and sophisticated than they were even a few years ago. Step 1: Get a wallet It sounds like this is a place to store… Read more
Received a Bitcoin Blackmail Email? Here’s What to Do
Recently, there’s been a wave of spam emails that claim to have some dirt on you. They’ll threaten to release the data if you don’t pay up. To seal the deal, they’ll also post your email’s username and password to “prove” that they have access to your computer. While this attack is very scary, you shouldn’t obey anything the scammers tell you. They don’t actually have any dirt on you, and they’re relying on the scare factor to get you to pay them what they want. Related: Why You Should Never Accept a Call from a “Microsoft Technician” The Average Scam Layout Typically, these… Read more