Kyt Dotson
Latest from Kyt Dotson
MtGox CEO Karpeles resignation from the Bitcoin Foundation a good sign for the community
This weekend signaled the resignation of MtGox CEO Mark Karpeles from the Bitcoin Foundation in the wake of numerous controversies over the status of MtGox and his statements to the press. Since technical troubles struck MtGox—and the exchange froze bitcoin withdrawals—global BTC market value has dipped as low as $550 and the value of bitcoins ...
Bitcoin Weekly 2014 February 19: MtGox continues to blame Bitcoin, BitPay releases Bitcore, BTC ATMs arrive in the US
Last week’s upset with transaction malleability and a Bitcoin network-wide DDoS attempt and ultimately the total shutdown of MtGox (triggering ongoing protests) has pushed the market value of BTC down to the mid $600s but it’s remained mostly there ever since. MtGox had a rocky start in explaining why BTC withdrawals had been frozen and ...
City of Paradigm: The Internet of Things
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 ...
Big Data’s current ‘innovation cycle’ leading the DevOps curve #theCUBE #BigDataSV
Andre M. Bosivert recently spoke in theCUBE with Dave Vellante and John Furrier about innovations springing up in the Big Data circuit and industry. Much of the discussion centered around the culture, technology, and leadership as seen surrounding big data on a high level, but there’s a lot of spaces that this innovation has affected ...
Bitcoin Weekly 2014 February 12: Bitcoin-wide transaction malleability attack, Apple blocks bitcoin wallets, Fiverr accepts BTC, and more
Mad drama has once again hit the Bitcoin community as news—both good and bad—continues to stack up. This week’s attention saw Apple drop Blockchain.info’s web-wallet from their app store citing “an unresolved issue” sparking a massive controversy and even destroyed iPhones (including one shot with a rifle at long range.) Fiverr partnered with BitPay to ...
Transaction ID malleability attack spreads to Bitcoin-wide DDoS attempt
It all started with such humble beginnings: when MtGox blamed the Bitcoin protocol for their own woes of poorly implemented code. Then someone decided to use what had been harassing MtGox network-wide and exchanges across the Bitcoin industry itself started checking their own code. The attack takes advantage of a characteristic of the Bitcoin protocol ...
MtGox blames troubles on the Bitcoin protocol, Core developers beg to differ
Over the weekend MtGox went offline for several hours and it took the noted bitcoin exchange almost a day and a half to reach out to customers with a press release explaining what happened. This has followed an announcement from MtGox that it had halted all bitcoin withdrawals from the site. This news has since ...
The fall of MtGox: MtGox down for hours may herald the end of an era
Reports are flooding in that MtGox has been down for several hours. This comes on the heels of an announcement by the Bitcoin exchange that bitcoin transfers out of the exchange had been frozen. As this news hit the market, BTC market price began to plummet, falling from $810 and down to $684. People unable ...
Ask DevOps: The game industry is turning to the IBM SoftLayer cloud environment
Since the launch of the first Atari game Pong in 1972, video game industry has experienced tremendous transformation. Today, the cloud is the origin of a new revolution in the virtual battlefield. Millions of players around the world is playing games via cloud in real time on a multitude of devices. Due to the nature ...
Bitcoin Weekly 2014 February 5th: BitTag for retail, BTC China back in the game, USPS looks into cryptocurrency exchange
The Bitcoin community is still processing the New York Department of Financial Services hearings from last week but there’s a still a lot of other news running around the media that’s worth mentioning. Right now, an interesting use of wireless technology for retail to allow mobile payments in bitcoins is on display in London that ...