Showing posts with label News. Show all posts
Showing posts with label News. Show all posts

Saturday, August 31, 2013

What is Bitcoin?

The bitcoin logo
The bitcoin logo (Photo credit: Wikipedia)
Bitcoin is a what you can call a new type of online currency, a crypt-currency. This crypts-currency was propose in the late 90's by a group known as cypherpunks who mainly discussed about cryptography and security and among them was, for a currency that would be totally anonymous and free from the control of large banks and governments. around the late 2008 this guy named "Satoshi Nakamoto" wrote a rocking paper describing this concept of a a P2P payment system that would use the concept discussed by the early cypherpunks.

If you don't know why some intelligent folks are excited about the Bitcoin concept, you should take the time to understand. Bitcoin is a new form of currency that is accepted worldwide and can never be debased by politicians trying to get re-elected or countries trying to pay off huge debts. In a world in which the value of paper money is constantly ravaged by inflation, that's a very attractive attribute. Also, the world is very much ready for a "global" currency. Bitcoin satisfies that need.

Bitcoins are like cash in that they aren't tied to your identity, and transactions made with Bitcoins are irreversible and untraceable. But they're like credits in a manner that they aren't physical. Bitcoins are a peer to peer system.

What Bitcoin allows you to do is to send money to people, make purchases, just like real cash, only difference is this is online. Bitcoin in most ways behave like hard cash . you can give it to person to person, you can loose it, and destroy it.

Well, Bitcoin address is different from any other address system you may have encountered before, A bitcoin address consists of two addresses the public address and the private address. Like the name suggests the public address is public and can be distributed to any one and every one without any fear. the private address is the one you keep very private and secret and dont even tell that to any one at all. You keep it so secret, that no one can access it.

A bitcoin address is a hash of a public portion of a public/private ECDSA keypair and they looks like this:- 1La9GFB8sNRko99jP2N5AMQYPvmsDoVbKb.


Bitcoin is in its infancy, a free market currency whose price or value is determined by the demand and supply. A multitude of factors could in theory affect Bitcoin prices, nobody in the current scenario can conclude that only a few factors affect Bitcoin, I will try to explain only “a few” that have had a considerable impact on Bitcoin prices recently, many more may be yet to be known.
Like gold prices that fluctuate due to a variety of factors, some of the factors which have been observed till date are listed below:

Media Exposure

The initial growth of the Bitcoin ecosystem and prices was attributed to media articles, familiarizing it to more people. The world’s supply of Bitcoins is essentially fixed, but because people in the media keep talking about it, demand keeps rising. This leads to higher prices—and as prices go up, people who currently hold Bitcoins develop greater and greater expectations for the currency. Today, the excitement around Bitcoin is still confined to a tiny segment of the population — technology aficionados, monetary idealists and speculators. The potential for exposure is large.

Eurozone Crisis

A direct correlation between the Cypress bailout and Bitcoin price was observed. Some of the investors in Europe moved their investments into Bitcoin around the time of the Cypress bailout. This resulted in a huge cash flow into the Bitcoin ecosystem.

Hoarding

Demand crisis: Like any currency, Bitcoin is traded on exchanges, Bitcoin holders hoard their stash, which further reduces supply, which in turn boosts the price and sparks yet more media attention—and the cycle continues till profit selling takes place like in any currency.

Fear of Govt intervention

There is nothing illegal about Bitcoin . Cash is as anonymous and not tied to identity. But could government grow increasingly interested in defending its paper-money monopoly? We've already seen hints of this. But because the market is already huge and global, there will be growing attempts to control it, tax it and regulate it.

Trading Exchange outages

Trading exchanges like MTgox which handles almost 70% of trade have seen trading halted due to DDos's, but such events are seen to be temporary and the a price fall due to a DDos is usually recovered when trading resumes to normal levels, leaving only a temporary effect. Smaller exchanges have been hacked due to insecure design of the sites . The interim crashes could be sharp and scary. The Bitcoin algorithm, system and framework itself is preternaturally sound. As with any new creation, there are glitches and vulnerabilities that still need to be worked out in trading exchanges.

Vendor acceptance

Bitcoins remain very much a niche payment method. In accepting the currency there is a small circle of large Internet companies’ participating in the system. Others include WordPress, which will sell you everything from Web hosting to CSS packages in exchange for Bitcoins. WikiLeaks and 4chan are part of a growing list of online organizations that accept Bitcoin donations. As vendor acceptance improves the value of Bitcoin as a currency improves.

Free market currency

Being in its infancy, Bitcoin will see wild price swings till it becomes established as a currency. The market is still in a price discovery stage and is expected to stabilize at a certain point, where its value and place as currency is usable in daily life.


You can use Bitcoins with people and business that accept Bitcoins. as a new currency there are not many brick and mortar stores that accept Bitcoins, but there are online services that may be purchased with Bitcoin. and like any new currency the growth is slow but then number of people and businesses accepting Bitcoin is increasing exponentially.


The Bitcoin algorithm was presented as a scientific paper and peer reviewed like any other scientific paper, the paper was widely accepted and is the sole fundamental of Bitcoin. The algorithm of Bitcoin has been designed so that it is resistant to quantum computers which have not been built as of yet.

 All currencies are backed by gold or similar assets. Lets look at gold.

What is gold backed by? What decides the value of gold? Demand and supply.
What decides the value of Bitcoin? Demand and Supply.


Like gold the amount of Bitcoins is limited, only 21 million Bitcoins will be ever produced. The value of Bitcoin can be equated to how the value of gold is estimated. So the "fundamental" value of Bitcoin can only be estimated the same way the fundamental value of, gold can be estimated — which is guessing at what someone will be willing to pay for it at some time in the future. The whole premise of Bitcoin is that only a finite amount of it will ever be created. This is in stark contrast to standard currencies, the supply of which is continually increased.

Fiat paper currencies are a relic of a past age. It has proven to be a spectacular failure, giving rise to inflations and unending booms and busts. As technology progresses, markets look for an alternative. A single global digital currency is certainly in our future. Bitcoin is just the most successful example of that so far.
Bitcoin can be easily used for international transfers without paying commissions to third parts like banks and cutting down transaction times for bank wires from days to hours for a Bitcoin transaction.

It is always prudent on your part to view Bitcoins objectively and arrive at its value in your life. In my view, Bitcoin is the Internet, applied to Money. We need to remember that Bitcoin is not a stock, a company, or even a regular commodity. It is a technology. That technology is a payment system that is evolving into a real currency. Right now, its most spectacular use is in transferring funds from one person to another. It's as easy as sending a text message on a phone. We live in a digital age. We need a digital currency.

Technorati Claim Code: 4Q676JRCJW2M

Thursday, August 1, 2013

Need iDevice Help? Three Tips for Common iPhone and iPad Problems



While most of the time iDevices make our lives easier, sometimes they can make us want to scream in frustration. If you’ve ever had issues with the Home or Power buttons or wondered how to get more battery life out of the device, read on for a few simple solutions to common iDevice problems. Slow It Down The Home button on the iPhone, as well as on the iPad, is by far the most used physical button on the device. The Home button is used to exit apps, multi-task while using the device and engage Siri (if you have an iPhone 4S or iPhone 5). You may notice, however, that sometimes your commands don’t always register or are misread. This could be because the Home button click speed may be too fast. Many of you may not realize that iOS actually gives you a way to customize the Home button click speed. Since iOS will always register fast taps, the only settings offered are to slow it down. If you find that your iPhone is registering double taps as two single taps, slowing the speed down a bit could prevent this issue from happening. Here's how to adjust the Home button click speed:
  • Launch the Settings app from the Home screen of your iPhone or iPad.
  • Tap on General.
  • Scroll down a ways and now tap on Accessibility.Under the Physical & Motor section, tap on the option for Home-click Speed. Here you can choose between Default, Slow and Slowest.
(i)Phone Home As mentioned above, the Home button is the most used physical button on the iPhone. It is no surprise then that one of the most common hardware issues with iDevices is Home button failure. Power button failure is another hardware issue that many iDevice users face. Home and Power button issues can present as either of these buttons becoming hard to press, not reading presses at all, or intermittently malfunctioning. There is a way around them by using the Assistive Touch accessibility feature. This will give you a virtual Home button and Power button that can supplement the hardware. It isn't the most ideal solution, but if you need a quick one it will work until you can get the button(s) fixed or replaced.
  • Launch the Settings app from the Home screen of your iPhone.
  • Now tap on General.
  • Scroll down and tap on Accessibility.
  • Scroll down again and tap on Assistive Touch under the Physical & Motor section.
  • Turn Assistive Touch to On.
You'll now notice a white dot appear on your screen that will remain there. You can tap on this to expand the Assistive touch menu. The Home option will allow you to tap it in the place of a physical Home button and be returned to the Home screen from wherever you are. To access the Power button function, tap on the Device menu and then tap on the Lock Screen icon and your screen will shut off. Running Out of Juice iPhone and iPad battery life is a precious commodity we just can't seem to get enough of. All of our social networks, email accounts, texts, and other apps want to send us notifications, which in turn, consumes more battery life. Try the following changes in the Notification Center to save some battery life.
  • Launch the Settings app from the Home screen of your iPhone or iPad.
  • Tap on Notifications.
  • Find an app that frequently sends you notifications and tap on its name.
  • Scroll down towards the bottom and you'll see an option for View in Lock Screen.
  • Turn this option to Off for any apps that aren't important enough to be displayed on your Lock Screen.
By doing this, you'll still receive push notifications and you'll hear the tones, your screen just will not light up and they won't filter into your actual Lock Screen area. Upon unlocking your iPhone or iPad, checking Notification Center will still show them, they just won't appear in the Lock Screen portion. Less screen use equals better battery life, sometimes up to 15 to 25% more per day.

Author Bio: Jennifer Frakes is a social media marketer and blogger who specializes in writing about technology and IT solutions.

Monday, July 29, 2013

iPhone 5C: Cheaper Version of Apple iPhone?

iPhone 5C Packing


A gadget site Nowhereelse.fr has discovered a leaked photo of packaging for what appears to be the iPhone 5C.

Chinese website, WeiPhone shows white plastic boxes marked iPhone 5C complete with the Apple logo. It's hard to confirm if the packaging boxes are genuine, or whether they're being made for Apple's upcoming low-cost iPhone.

The leaked picture was posted on Chines website WeiPhone and was first spotted by Nowhereelse.fr.

If these boxes are genuine, then it's likely that Apple would use them for it's budget iPhone which is rumoured to come in a number of colour options.

The budget iPhone has made several appearances in pictures and videos.



4 Best Ways to Better Your Social Media Marketing

Social media is an integral part of any online marketing campaign. While it is an important tool, it is also the most unpredictable one. Each platform always seems to evolve, update and change its settings, which is why brands also need to constantly adjust.

An influential tool to all marketers, social media marketing can bring about a great impact that can lead to better numbers— only if it’s exercised properly.

So to get you on the right track, here are the best ways to improve your social media marketing strategies.


1. Give greater regard to Google+.

Understand that Google+ is the brainchild of the most powerful search engine known to man. It is the only social media platform that is closely knitted with your SEO presence and has the ability to make both your social media marketing and SEO efforts strengthened.

Take for example the different features of Google+, Authorship and Places. Google+ authorship is what gives you that little thumbnail of the author beside his/ her content in the SERP. These are given more priority when it comes to ranking, as they are tied in with their Google+ profiles.

Google+ Places can influence users who are searching for local businesses. When you are listed within their directory, you have greater chances of being found by your market. So never disregard this platform, as it can directly affect your SEO presence.


2. Get rid of automation.

We understand that everyone gets busy that it can get tiring updating your Facebook status and your tweets daily. That’s why a lot of social media marketers end up automating their updates— which is one of the biggest mistakes one can ever make.

It’s important to maintain a personal relationship with your market. When you flood their feed with automated posts at a certain time everyday, you’re losing that relationship and turning into a robotic marketer.

It does get challenging but manually posting updates and tailor fitting them for each platform will make things more effective. A tip here is to have a content team that will constantly rotate and update your platforms.


3. Track if your traffic’s coming from social media.

One of the biggest challenges businesses face is to make sense if their social media strategies are actually making tangible numbers. Before, it was hard to track if the web traffic generated is from Facebook, Twitter and such— but not anymore.

Thanks to UTM (Urchin Tracking Module), you can know tag the URL of your posts so you know they are coming from your social media efforts. From here, the information will be added under “Traffic Sources”.

This is a highly effective tool, as it tells you whether or not your social media campaign is generating numbers or an actual flop. The next time around, you’d be able to develop your campaigns more and keep it targeted.



4. Respond to your customers’ queries.

Big brands have made the big mistake of not responding to their customers’ queries, comments and feedback on social media, especially when there are issues they need to address.

Always remember that your social media platforms are your market’s direct line to you. You should make it easy for them to connect with you if they need to. Whether it’s a compliment, a question or even a constructive criticism, respond to them.

Social media is and will be one of the pinnacles of successful online marketing. So consider these tips if you want to remain significant for your market and within your industry.

Kole Mallillin is a Content Specialist for Webcada, an SEO company in Singapore. She spends the rest of her time guest-blogging for various websites.

Friday, July 26, 2013

Call of Duty coming to haunt Wii U too!

Nintendo America announced Call of Duty: Ghosts will becoming to Wii U. The Wii U version, previously listed on retailers but unconfirmed until now, launches alongside Xbox 360, PS3, and PC siblings on November 5. The CoD is also coming to PS4 and Xbox One, but those versions remain undated.

Source: Joystiq!

Google paid $966 million for Waze

Google says it paid $966 million to buy an online mapping service known as Waze. 

Google Inc. announced the acquisition of the Israel-based startup. The Associated Press and other media outlets had previously pegged the purchase price at $1 billion, based on information from people familiar with the negotiations who didn't want to be named.

 Google also bought seven other smaller companies for a total of $53 million during the three months in June.

Monday, July 22, 2013

Facebook simple moblie used by 100 million

social networking giant, Facebook Inc said Monday it has passed 100 million users a month using an application designed for "simple" mobile phones widely used in developing nations.

Launched two years ago, the "Facebook For Every Phone" app enables people to connect "no matter what kind of mobile device they use," the company said in a statement.

"Today, millions of people in developing markets like India, Indonesia and the Philippines are relying on this technology to connect with Facebook, without having to purchase a (more expensive) smartphone," Facebook said.

Tuesday, July 16, 2013

Alibaba invests in travel site

Alibaba, Chinese online retail giant  has invested in a travel website, it said Tuesday, the latest in a series of deals ahead of a planned stock offer.

Alibaba had made a "strategic investment" in China's Qyer, Alibaba spokeswoman Florence Shih said in a statement to AFP.

Financial terms were not disclosed.

"We are confident that Qyer will be able to complement our travel platform, Taobao Travel, by providing our users with high quality travel-related services and content," she said.

Saturday, July 13, 2013

OTON console prototype revealed

EnGeniux CEO, Derrick Samuels today revealed OTON gaming console prototype.
Lets have a look at the video:


Friday, July 12, 2013

Lenovo defeats HP; world's top PC supplier

Chinese computer maker Lenovo today said it has defeated US-based Hewlett-Packard (HP) to become the world's number one personal computer supplier.

 "Reaching a significant milestone, Lenovo, yesterday, pipped HP to acquire the global No. 1 position in PC shipments, as per latest reports released by IDC and Gartner," it said in a release.

Tuesday, July 9, 2013

Employee Fired for Turning Game Network Into Bitcoin Mining Network

A staff member at the ESEA  (the E-Sports Entertainment Association) gaming network has been fired for allegedly turning the company’s software into a secret Bitcoin-mining Trojan.

ESEA blamed an unidentified staffer. Now, as the company faces a class action lawsuit, it says that employee has been axed.

“The person responsible for releasing the unauthorized Bitcoin mining code has been terminated,” said ESEA co-founder Craig Levine in an email message. “We have been dealing with the entire situation in a responsible fashion to remedy those impacted and take steps to prevent this from happening again.”

A lawsuit has been filed against ESEA in San Francisco Superior Court, claiming that the mining software damaged client’s systems and spiked their electricity bills.

So far the company has resolved 275 claims from customers who say they were damaged by the mining software, and the company is working to resolve another 15, Levine said. The Bitcoin-mining update may have been installed on as many as 14,000 computers.

In just a few weeks ESEA’s employee earned 30 Bitcoins!

Barnes & Noble CEO resigns!

Barnes & Noble Inc. said Monday that William Lynch has stepped down as CEO, just weeks after the book retailer announced weak sales, big losses and the declining popularity of its Nook e-readers. Just like Groupon CEO Andrew Mason. No successor was named.

Chief Financial Officer Michael Huseby will become president of the company and CEO of its Nook Media unit.

"The board lost confidence in Lynch. Investors lost confidence,'' Belus Capital Markets analyst Brian Sozzi said Monday.

The company also announced that it would stop making its own Nook color touchscreen tablets because they failed to keep up with competitors.



Sunday, July 7, 2013

UPDATE: HackingTag Publishing [REPOST POLICY]

Dear Readers

First of all we would thank you for being here. We're now allowing other bloggers to copy articles from this blog. Bloggers can choose any article they like and publish it on their own blog.

All readers, bloggers and magazines must follow the below guidelines when re-posting articles from HackingTag Publishing on their own sites or printed material:

1. You may change the title of the article.

2. You can't edit or change the body of the article. But you may edit it to suite your formatting problems.

3. Please directly link back to the original article. The link must be do-follow so that our back-link count increases.

4. If  the body of the article is to be edited before publishing, please send it to us so that we can approve it. But you have to still link-back to us. You can email htsareeb@gmail.com or simply use our contact form.

5. You must keep all the links in the article intact.


We have a sample below to teach you how to post our articles on your own blogs:
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This article has been written by the staff of HackingTag Publishing.
Original Article: http://htpub.blogspot.com/2013/07/update-hackingtag-publishing-repost.html

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There are three (3) links in this sample text articles. All the three links must be intact. The link to the original article should be do-follow while as the links in the body and author's link can be no-follow or do-follow. It's up to you!

Now have a look at the blog and grab some awesome articles!


Best Regards

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Staff

Saturday, July 6, 2013

OTON: The Future Gaming Console!

Everybody has heard of OUYA $8.5 Million story. OUYA is an Android-based videogame console which reached the record of fastest project to ever reach the million-dollar pledge mark (8 hours 22 minutes) and having taken in $2,589,687.77 worth of pledges in the first 24 hours.


Oton Gaming Console



A company in Alabama has promised to release a gaming console from future. They call themselves EnGeniux team.

OTON is powered with custom software built on top of a custom version of Ubuntu OS, called "Otonomous". The system will undergo updates regularly to support many game formats.

OTON is said to be capable of running Linux, Android, HTML and even other kind of apps too.

While interviewing the CEO, Derrick Samuels he told me:
OTON development is different. OTON is more like a virtual assistance for developers. So the process will be easy. We are working to have Android support and Linux games. When you call OTON a console..it will stand by that name! Play anything!

The best part of OTON is that it can generate the games instantly without any human effort.

OTON will be the first game console to support artificial intelligence capabilities. The system learns and will add an extra layer of challenge for only the worthy gamers. Enhanced game levels, characters, and game-play are just a few challenges only the elite gamers will dare challenge.

In future, OTON is expected to include updates, game music creation, photo creation, website creation, educational gaming creation, document creation and media content creation!



The games would also be updated with daily updates which will cost nothing!

An internal camera on the front of the system is designed to make motion gesture gaming possible as well as direct interaction with the operating system/ user interfaces.

Oton with white controller

The game can also create a blog or website to publish his games and thats too for FREE!

The OTON system will unlock unlimited possibilities for gamers, educators, and business, medical and game developers unlike any other console before.


The gamer can also transfer his game or app to his/her smartphone. It would also support online multiplayer games.

I wish these innovative guys the best!

Friday, July 5, 2013

Asus launches Transformer Book in India

Mumbai: Taiwanese firm AsusTek Computers Inc has launched its Windows 8-powered Transformer Book TX300 in the Indian market, priced at Rs 91,999.

 The 13.3-inch notebook has a detachable tablet, which has a Full HD IPS Touch panel and comes with an Intel Core i5 processor.

 The company said this is the world's thinnest windows 8 tablet.

Thursday, July 4, 2013

A Guide To Advertising On Facebook

1. The power of internet

The internet today is one of the most popular places for business to advertise in. With hundreds of millions of people visiting the internet on a daily basis from all over the world, you can be sure that advertising here will definitely increase your sales.

Internet advertising reached $99 billion in 2012, says a study from GroupM, which they say is representing a 16.2% increase over the previous year and accounting to 19.5% of all advertising expenditure that same year, worldwide.

According to internet world stats by the ICT the share of the world population using the internet has grown from 18% to 35% between 2006 and 2011. During this time the world population grew from 6.5 billion to 7 billion. The developing world has seen more of an increase in this 5 year study too, China increasing their share of internet users from 44% to 62% in the 5 years leading to 2011.


2. About Facebook

Today there are 62 million people using social media site Facebook. The social networking site is now considered to the biggest and most widely known social networking website existing. As the spread of internet users increases, worldwide, there is a constant increase in new users becoming Facebook members.

Facebook is also one of the most evenly balanced social networking websites in terms of user age and gender.

In a study of American SNS users by Pew Internet, Facebook had the second highest score for ages 50-65, at 19%, second only to LinkedIn at 23% and higher then Twitter at 13%.

The study also says Facebook is used by 92% of all SNS (social networking sites) users, followed by MySpace at 29%. The interesting fact is though that people engage more on Facebook every day, some 52% in-fact, that’s higher then Twitter at 33% and far more frequent then MySpace 7% and LinkedIn 6%. Another way of looking at it is Facebook is the premium place for your company to showcase, advertise and network with their audience.

Facebook’s overall market research data suggests it is the most universal social networking site and it has the best results for users’ daily visits. MySpace and LinkedIn by comparison are only occasional places users visit.


3. Advertising on Facebook

Within your Facebook account you may set up a targeted advert. This may involve publishing your website URL, and attract new users or likes. You can set up event times with dates and places, such as summer concert. Each ad allows you to include a photo or a logo as a small icon.

It’s easy to create a new advert, you just log into the home page, click on the bar on the right-hand side, and look for the section marked “Sponsored” where the ads appear. A link that reads “Create an Ad” appears to the side of the “Sponsored” link.

Within the Create an Ad section, you can design and edit the look for the advertisement, with Facebook automatically creating a preview at the bottom of the pages, so you’ve got the assurance your advert will look great before proceeding forwards.


Destination

In the Facebook Ad, you’ve got the Destination Tab and several options to direct the user. Then you can include the body of your ad copy and an image or log. Destinations include a website URL or your Facebook page, Sponsored Story is really a nice feature; you can choose to have either a Page “Like” Story, displaying to the user a friend who likes your page, with a “Like” call to action. Page Post Story shows the user the excerpt and image from your most recent Facebook post. The CTA here is to comment, “Like” and Share.

Goals
Facebook offers a range of other options for you as a company. You can select goals that cover the following:
  • Promote Page Posts, for specific pages you’ve created, increasing chances of reaching their targeted audience.
  • Get New Users, to target people that are likely to want to want what your website offers, sign up to newsletters, download your apps.
  • Increase Attendance, for when you have an event, target people who may find your conference or event relevant to them.
  • Get More Page Likes, when people like your page, they’re more likely to see your posts, and the more likes you have means that you have more people in the audience every time your posts are published on Facebook.
User Filtering

You can advertise to your demographic, using targeted marketing at your end user. This type of marketing is in smaller numbers, but with bigger and greater results, which are easier to manage for you as well!

  • Advanced tartgeting includes demographics, such as age and weather you want to choose men, women or both
  • Likes and interests allows you to advertise on the users’ pages who’ve publicised this date in their profile
  • Location permits you to choose a city, province or country for where you’d like to send your advert out to
  • Within the advanced targeting section you can choose to promote an advert for people on their birthdays, what languages they speak, education and relationship status

Payment strategy

Choose with either a pay per click (CPC) or pay per impression (CPM), which both have great potential to boost user awareness. In the Campaigns, Pricing and Scheduling section you can choose the currency you want to use to pay for ads, daily budget, and dates and times when you would like to appear.


Finalizing your ad

 You will be required to do a final review of your ad before publishing, so you can check over your work, and have the chance to return to and edit any part of the ad you have designed. Then finally, you can check over your order, which you can pay for with credit card or PayPal. Now you’re away, you’ve created an advert and enhanced your chances of gaining more visitors and customers!


4. What we’re doing at the company where I work

Working within online marketing at The Genuine Gemstones Company, my business utilizes Facebook for online PR, for online marketing campaigns, getting the best of Facebook marketing for posts and advertising hand in hand.


A new promotion for emerald rings on Gems TV gets sent out on a Thursday afternoon, and we need to get it to as many people as possible; with over 8,000 members and 4,027 likes on Facebook (and steady growing) we can have the best platform for our customers to see our ad campaign banner.

Our brands Gems TV and Rocks TV are strong in the UK and USA respectively and our online marketing team over here consistently are working, planning and communicating. Facebook is one of our key areas we would like to grow, with more users, journalists, companies and bloggers engaging with us every day that leverages a wider spread of users and shares name, our quality, our services, using Facebook.

Wednesday, July 3, 2013

Michael Dell is said to be encouraged by board to raise offer

Michael S Dell may have to dig deeper into his pockets if he wants his $24.4 billion bid for the computer company he founded to succeed.

A special committee of Dell's directors encouraged him over the weekend to raise the deal's offer price of $13.65 a share, a person briefed on the matter said Tuesday.

While Dell listened to the suggestion, he did not commit to a course of action. Furthermore, Dell and his private equity partner in the deal, Silver Lake, have not had any discussions about raising the current price, according to a person close to the firm.

Yet pressure is building on the buyout as two big Dell shareholders - Carl C. Icahn and the asset manager Southeastern Asset Management - continue to attack the deal with a shareholder vote drawing rapidly near.

The special committee is growing worried that the buyout offer will fail to win a majority of Dell shares that excludes Michael Dell's 16 per cent stake at the vote July 18, the person briefed on the matter said. Some 43 per cent of the Dell shares need to be voted in favor of the offer. The directors have already taken a number of meetings with major investors that have left them pessimistic about the bid's prospects, and now believe that a major shareholder advisory firm is poised to recommend a rejection of the takeover.

Dell's offer, made in partnership with Silver Lake, has been criticized for months by a number of big outside investors. But any bump in price would most likely come from the company founder, who already made concessions to reach the current price.

Silver Lake, which had refused to raise the bid beyond $13.60 at one point, has become increasingly worried about the deterioration of Dell's business, a person close to the firm said. At the moment, it would not be devastated if the deal fell apart.

That has left Michael Dell - who agreed to contribute his 16

per cent stake in the company at a price of $13.36 to leave more money for other shareholders - the most likely source of additional money.

Yet any bump in price from Dell would still need the assent of Silver Lake, since that would affect the returns on its investment.

A representative for Michael Dell was not immediately available for comment.

The pressure on the current offer stems from the billionaire Icahn and Southeastern Asset Management. They are campaigning for an alternative plan: a huge stock buyback that would pay investors $14 a share and leave the company publicly traded.

Icahn pressed his attack in recent days, outlining the $5.2 billion in debt financing he has arranged with the investment bank Jefferies to support his proposal.

Other shareholders appear to have been little moved by Icahn's announcements: Dell's stock has risen 0.2 per cent over the past five days, ending Tuesday at $13.38.

The special board committee has heard from a number of investors that the current offer price was insufficient. And a tough meeting with Institutional Shareholder Services, the most influential proxy advisory firm, left directors with the impression that it would urge shareholders to vote down the transaction.

ISS is expected to release its recommendation next week, and could still recommend that shareholders adopt Michael Dell's offer. It has told Dell's committee that it is weighing the merits of the management buyout against inaction, and would not factor in an alternative plan like Icahn's.

Traditionally, ISS' recommendations have held enormous sway over institutional investors, although in recent years the firm's influence appears to have waned somewhat. Still, Dell's special committee believes that a recommendation for the buyout would ensure its passage.

The special committee's approach was reported earlier by a TV channel.

Source: Economic Times

Tuesday, July 2, 2013

Blockchain.info - WatchOnly address scam

Blockchain.info provides a nice to use feature "WatchOnly Address"

Watch Only - Watch Only addresses allow you to view transactions at an address without storing the private key in your wallet.

With use of watch only address you can add address to your wallet to keep track of its balance. This is useful when you have offline wallet and you would like to see its balance in your blockchain.info account. This is possible because blockchain.info will also add balance of this address to your wallet balance and will show it as total balance in your account. For example, you have balance 2 BTC in your wallet and you add a watchonly address having 3 BTC balance , blockchain.info will show you 5 BTC as your total balance. Good.

Since it is just an address added to your wallet and not actual private key you will not be able to spend bitcoins from this address. If you will try to spend, it will ask you to provide private key.

How the scam works :

Scammer creates a brand new blockchain.info account and adds an address as watchonly. So now it will show you balance of that address as balance in the account.

Scamer confirms trade with some one for BTC. Scammer says to seller that he is a noob and dont know how to operate blockchain.info account. He gives account access to seller. Scammer asks seller that he will give access to his blockchain.info wallet to seller and seller sends him agreed upon goods ( most probably LTC or any other crypto currency ). Seller checks account and sends him goods. Seller tries to withdraw BTC and he can not.

Normally new users get stuck with this. One of my customer got this issue

So now onwards make sure you do not accept blockchain.info wallet access as payment. In case you do make sure you transferred coins to your wallet first.

In any case you should never trust wallet coming from other party as he may always have access to private keys. Always make sure bitcoins are transferred to address under your control only before completing the deal.

By buysellbitcoin of Bitcoin Talk Forum!
Original Thead at https://bitcointalk.org/index.php?topic=237439

Sunday, June 30, 2013

Introduction to modern Cryptography

Hi, so I decided that, as i have the entire week to my self i will put in an introduction to Cryptography, for all who are interested in the subject. I will be updating the post, for the next week with new information and sections on cryptography.

Okay, before we move into the real interesting subjects of cryptography like, key exchange protocols, signatures, certificates, Symmetrical cryptography and Asymmetrical cryptography, hash fictions, and prime numbers. We will first look into the history of cryptography and its origins.

History of the Hidden Language.

During ancient times, when leaders and generals needed to send messages to their troops, with instructions on what they should do. It was very easy for the enemy to intercept those messages , by ambushing supply routs (in modern time its equivalent is the man in the middle attack), So this meant the message was easily read and the enemy would know what the other side was planning. to prevent this from happening there was only two ways of preventing this from happening, First, was to hide the message so that it looks just like a normal every day thing (Steganography). Steganography the art of hiding messages so that it is only known to the person receiving the message that a message is hidden in it, a good example is invisible ink. Now, the Second way was to make the message unreadable for any person who was not the intended recipient. And this is what many did, because unlike stenography encryption could be taught to people easily and could be done with much less resources. so In a war situation teaching generals and messengers how to put cryptography was much more efficient.

Early encryption techniques were rather simple and you yourself may have played with it when you were kids.

Two main cipher system used were:
Transposition cipher
Substitution ciphers


A Transposition cipher uses a very simple method of encryption one of the most popular ones were the scytale, basically the scytale is a piece of wood, on which a strip of paper is wounded up to revel what message. so the person sending the message to some one would have an identical scytale as the other and would wind the paper on it and write the message then unwind the paper and fill the empty space with random words. if another person intercepted the message and used a different size scytale the message would not show.
Problem with this was the sender and the receiver required identical scytale.

A Substitution ciphers is another simple cipher that substituted the actual alphabets with some other alphabets or numbers. The Caesar Cipher is by far the most famous of them all, used a simple shift technique to substitute the alphabets, Used by Caesar himself and the roman empire Eg bellow.

Three shift right →
Plain: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Cipher: X Y Z A B C D E F G H I J K L M N O P Q R S T U V W

Planetext - Bitcoin is a crypto coin
Ciphertext- Efqzlfk fp x fovmql flfk
Notice there is repetition of the same alphabets that have been substituted.

So, looking at the cipher above you can now encrypt any length of message through substitution, and all the receiver has to know when receiving the message is how many shifts are used.

However all these methods are venerable to cryptanalysis techniques, like a frequency analysis. All a person has to do is count the alphabets and make a note of each of the alphabets and the number of times it appears. In the english language some alphabets appear more that some, using this, we can determine which symbol or alphabet was replaced.

English Letter Frequency


Polyalphabetic cipher

Due to the ease of all these Cipher being broken a new system was requires, one which could not be so easily broken using a frequency analysis. many new ciphers came in and out. One being predominantly used for hundreds of years was the Polyalphabetic cipher on which normal frequency analysis attack method did not work. and it used a key. The Vigenère cipher the best known of them all and its harder cousin Autokey cipher remained one of the most used ciphers during the 15th and the 16th and up to mid 18th century, remained unbroken.

It was a variant of a Substitution ciphers but with multiple shifts and alphabets and also the use of a key made it versatile and impenetrable.

This is how a Vigenère cipher looks like.


Vigenere Cipher

Eg:-

Message - TO BE OR NOT TO BE THAT IS THE QUESTION
KEY - RELATIONS

Keyword: RELAT IONSR ELATI ONSRE LATIO NSREL
Plaintext: TOBEO RNOTT OBETH ATIST HEQUE STION
Ciphertext: KSMEH ZBBLK SMEMP OGAJX SEJCS FLZSY

Notice there is no repetition of the same alphabets that have been substituted .

This kind of ciphers remained active for many hundreds of years and was used widely in Europe and the middle east. However the fate of this cipher system was doomed, when a brilliant man who we all know and admire in the computing world came along, the father of computer Charles Babbage, he broke both the Vigenère cipher and the much harder Autokey cipher.

Tomorrow we will touch upon mechanical ciphers, used in the second world war and then enter the world of modern cryptography, in the digital age.


The Rise of the Machine

The era of the second world war, was the proving grounds for modern encryption methods, ideas and innovation. In my opinion, if it was not for the Mathematicians, code-breakers and revolutionary thinkers, the modern computer age, the internet and space travel would not have been possible at all. The birth of computing devices, to conduct tasks through programmed inputs were all tested and innovated, by codebreakers trying to break the German Enigma code. The use of early computers was at England, in a place called Bletchley park. In fact, the first discovery of modern public key encryption system and early experiments on One Time Pads was done during this time.


World War 2 Machines
Enigma Machine *Germany*(Left)  |  SIGABA *USA* (Middle) |   TypeX *UK*(Right)

World War 2 Machines

During the War the Germans used one of the most successful, mechanical crypto systems called the Enegma machine, it was a rotor cipher machine, similar to a Polyalphabetic cipher but with the difficulty increased by the rotor, if the allies broke the code all the germans did was change the configuration and may be add rotors giving another huge headache for code-breakers.

The US and the UK also used similar machine called the SIGABA and the TypeX. However, a code system that was never broken by the enemy was not mechanical at all, but were the Navajo code talkers who played a vital role in the success in the pacific war theater. There's even a movie called the Windtalkers played by Nicolas Cage although it concentrated more on the nipless cage than the Code talker.


Modern Cryptography

With progress happening in the Cryptography community one of them was by far the most revolutionary, the public key crypto system, the RSA algorithm that allowed people to have two keys one public and one private. this solved many problems of key transfer and security and validity of a encrypted message. This algorithm was already made during the second world war, but was classified. Until 1977 when a group in MIT rediscovered this algorithm on their own, hence the name RSA algorithm, the first alphabet of their surname Ron Rivest, Adi Shamir, and Leonard Adleman.
RSA Small Logo

The advent of modern cryptography gave rise to secure communication, safe banking transaction, and greater communication, and social revolution. We use some form of encryption every day and sometimes we don’t even know that encryption is being used.

Cryptography, before the dawn of the Information age was confined to the intelligence community, with many of the technology kept classified and inaccessible to the general public. It was nearly impossible for a person without a connection to the intelligence community, or a large corporation like IBM to do any work on Cryptography. But, that all changed when the internet was born. People from around the world collaborated to bring cryptography to the masses. With the advent of the internet people were able to disseminate information about cryptography, and develop software for everyone to use.

This shift in knowledge from an intelligence based community to a worldwide public community, gave rise to many social changes. With people openly advocating the use of encryption to promote privacy, Bring down corrupt government, safeguard whistleblowers. During the late 80's many BBS's hosted score of text files relating to cryptography and around the early 90's a cypher punk mailing list was started, the birthplace of the cyberpunks, with the major discussion on technical issues, alternative uses of cryptography privacy, government surveillance, freedom of speech, civil society, and related issues. There have been many influential individual who have shaped this movement Eric Hughes, Jim Bell, Philip Zimmermann, Julian Assange just to name a few.

The roots of bitcoin can be traced back to the early discussion, within the cyberpunks and the cryptoanarchistic groups for an anonymous banking system. May be Satoshi Nakamoto might be one of the early cypherpunks, who was able to solve the problem of anonymous banking. But, we shall never know.

Cryptography has now become an integral part of our lives, in this modern day society it is rare not to come across technology that does not utilize some sort of encryption. I believe that the future for Cryptography is bright, because this is the only thing that can solve many of the world problems of secure communication, Tyrannical governments, greedy Banks, and immoral super corporations.

Tomorrow we shall finally talk about the technical part of modern Cryptography. Thinking about what to talk about tomorrow . I am a bit torn about where to start this from, and after a cigarette break I have decided to start with the basis of modern cryptography, the math’s behind it, so the topic for tomorrow would be Prime number related math’s, and will touch upon a Diffie and Hellman key exchange protocol.


The Numbers Game

The building blocks of every thing in maths my opinion is and always, the prime number. This number can form so many different numbers of any length, and a number of a particulate digit can be factorized to a smallest number being prime.

What is a prime number?

A prime number is a number divisible by it self and one. (basic old school definition)
take it this way, a number which cannot be divided equally without creating fractions of it.

2 3 5 7 11 13 17 19 23 29 31 37 41 43 47 53 59 61 67 71...............

so, lets take for example an integer which Factorizes to
56984 = 2 × 2 × 2 × 17 × 419

What is prime factorization?

Prime factors of a positive integer are the prime numbers that divide that integer exactly like the example above.

So why is this useful to cryptography and online security? 

Well the simple fact is that, it is easy to multiply two large prime numbers, but while trying to find the prime factor of that integer become a tedious task taking alot of time
a simple example like.

7703 × 6421 = 49460963

the output a compost number is going to take a long time to be factored, the example above may not be the best example of a large prime number being used but just Imagine a prime number P1 and P2 both the length of about 100 digits long or much longer and multiply those tow together the composite number would be hard to factorize the limit being the time taken to compute the result.

g mod p

42 mod 12 = 10

Working with prime modulus.

3^29 mod 17 = 12

so here calculating this makes it easy when we have the generator as 3 raised to the power 29 . However when we have the result as 12 and need to find 3 raised to the power x . this becomes a time consuming task.

3^x mod 17 = 12

This problem is also know as a discrete logarithm problem. Therefor this creates a One way function. easy to compute harder to decipher.


Therefore, if the size of the prime increases the time taken for a computer to compute the result of that, would take a very long time.

Clock arithmetic :

If we consider prime numbers as the ingredients in our encryption recipe, the modular arithmetic is utensil for cooking it up. we shall see a simple use of [ mod ] in a few examples while talking about the Key exchange protocol especially the Diffie and Hellman key exchange protocol.

Diffie and Hellman key exchange protocol

Problem of Exchanging Keys :-

Lets take an example of two people who are honest employees in a corrupt government service, Alice and Bob, and lets take for example their Evil boss is Eve.

Alice and Bob want to communicate with each other but, does not want any one to read their messages, as they know Eve would most likely be reading their emails.
so how would the two communicate without Eve being able to read their messages.

Firstly, Alice and Bob has to agree on a secret key so that they can use that key to encrypt messages and send to each other but, the problem is that if they send the key without encrypting it , Eve would know what the key is and can read all the messages Alice and bob send each other. This is where the Diffie and Hellman key exchange protocol would be most useful.

So how does it work?
Alice and Bob agree on a generator and a prime modulus.

g = 3
p = 17

What Alice does :-
She chose a random number
and then raises that on the generator, result q = 15

g^x mod p = q
3^54 mod 17 = 15

Alice, then sends this result 15 over the insecure line to Bob

What Bob does
He chose a random number Bob.
and then raises that on the generator, result r = 16

g^y mod p = r
3^24 mod 17 = 16
Bob, then sends this result 16 over the insecure line to Alice

What Alice does is,
uses Bob's result as a generator raised to the power of the random number Alice chose to calculate a secret key s
r^x mod p = s

16^54 mod 17 = 1

Bob also does the same thing using the number Alice sent Bob. to generate a secret key
q^y mod = p = s

15^24 mod 17 = 1

Here Both Bob and Alice was able to compute the secret key s without transmitting the key over the insure line.

Meanwhile, Eve who is reading the messages coming in, can only intercept the following details from Bob and Alice
the generator 'g', prime modulus 'p' and the two results of the calculation by Alice and Bob 'q' and 'r'.

What Eve is missing is the private numbers that Alice and Bob used to generate the Secret 's' . without the 'x' and 'y', it is impossible for Eve to determine what secret key Alice and Bob is using to encrypt their messages.


Alice '(m)' → Bob
s(m)              s(m)


So, here Alice sends Bob an encrypted message using a secret key 's', which Bob then uses the Secret key 's' to decrypt the message Alice Sent him.


As you can see with this protocol many of the problems of secret key transfer is solved. This also leads us to the path of asymmetrical encryption and the use of the later RSA algorithm's public key cryptosystem to encrypt messages.

I hope this was simple to understand, i tried to put in as much details without making it confusing, i hope you all like it and understand. Next, i will cover the public key cryptosystem namely the RSA algorithm, and then touch upon Hashing, one time pads and a few single key encryption on block ciphers.


By subvolatil of Bitcoin Talk Forum!
Original Thead at https://bitcointalk.org/index.php?topic=246307

Wednesday, June 26, 2013

Why Guest Blogging Might Get Risky in the Future

Do you allow guest posts in your blog? Are you aware of any risks involved? For a long time, guest posting has been known to be a great way of generating top quality backlinks to your website. Additionally, it also allows the guest poster to get a lot of free traffic, a new readership and a new audience. In the online field, most good things start innocent but soon the bad guys get in, and Google has to inevitably slap a penalty.

The Risk

Guest blogs normally offer a great win-win solution to both the guest bloggers and the blogs they are submitting to. The guest bloggers get the free traffic while the blogs are able to get free content. Slowly, many blogs are starting to have more guest posts than original posts. This eventually has led to a whole new industry of guest bloggers.

Google has been pushing frequent updates cracking down on any unorthodox link building and SEO practices. Therefore, despite the fact that guest blogging started as something innocent, you should beware of the disadvantages below that could be risky to your blog:

1. Guest blogging allows for dofollow links from your blog to your guest bloggers’ websites. These links mean that you trust the websites you link to. In case you have a dofollow link that links to spammy pages, your site may get penalized by Google.

2. There are guest posters who may provide content that is not related to the niche of your blog. This could mess up with both your readers and Google.

3. Are you careful about the length of your guest posts? Very short posts or thin content could reduce your blog’s overall quality. This will also affect your rankings with both search engine bots and your blog readers.

4. While allowing for guest posts, be careful of duplicate content. Some guest bloggers may actually end up using their guest post content elsewhere on the internet. This will end up annoying any of your readers who will have had access to both contents. Remember that search engines also have low tolerance to duplicate content.

5. Your guest bloggers may not take your blog as seriously as you would. For this reason, they may end up submitting posts with an uncaring attitude and lack of attention to detail. Additionally, some writers may submit content that has either inaccurate or outdated information. In case such content gets past your editorial team, it will heavily lower the value of your blog.

6. There are guest bloggers who will write for you incomplete content in order to drive traffic to their blogs. This will force readers to go to their websites to get more information. This also ends up being a nuisance to your readers and lowers the quality of your pages.

Google’s Keen Eye

Google respects quality links in your articles. Recently, Google cracked down on paid text links and this resulted in some websites being heavily penalized or even being de-indexed in Google.

Sadly, guest blogging is heading in a similar direction; link buyers are now able to buy trusted links on top-ranking websites. Therefore, any website that is accepting guest posts has to be careful of the links they are accepting. Unfortunately, choosing to add nofollow links will only turn away guest posters and beat the purpose. Remember that Google is keenly watching and looking for ways to differentiate suspicious guest posting links from true editorial links.

Bottom Line

One big question that remains is whether you should accept guest posting on your blog or you shouldn’t. It is okay to accept them but first take your time to check out the author’s website. If it is not worth the link, then don’t accept it. Additionally, only accept posts that are accurate and likeable to both you and your readers.