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Showing posts from April, 2014

Bitcoin explained in layman's terms

Recently, a friend came up to me and asked "Snehal, how do I obtain bitcoins?" I stared at him with an empty, blank look. Despite all the recent talks about bitcoins and their growing popularity, even with the Reserve Bank of India (RBI) getting involved, I realised that I knew absolutely nothing about the bitcoin except the fact that it was associated with the Silk Road - an illegal online black market that used bitcoins as its defacto virtual currency to enable regular folks to obtain all sorts of illegal items easily and anonymously. I had no idea what bitcoins were. And so I decided to research and write up a column that would explain, in layman's terms, what Bitcoin is. What are bitcoins? Ah, the fundamental question. First of all, there is a difference between the terms 'Bitcoin' and 'bitcoin'. Bitcoin, where the "b" is capitalised, refers to the entire system itself. It's like learning a language e.g., "I lea...

The Heartbleed Bug Is Mostly Fixed, But There Are Still More Than 20,000 Websites Vulnerable

You might have changed all your passwords in the days since you learned of the Heartbleed bug, but if you're one of millions of people using certain Android devices, you might still be vulnerable. Numerous devices running older versions of Google’s Android operating system may be at risk of the high-profile bug, according to Marc Rogers, a security expert at the mobile security firm Lookout. Rogers told The Huffington Post that people using Android version 4.1.1 should avoid sensitive transactions on their mobile devices because a hacker could exploit the Heartbleed bug to steal their data. The Heartbleed bug, a newly discovered security vulnerability that puts users' passwords at many popular Web sites at risk, has upended the Web since it was  disclosed earlier this week . It's an extremely serious issue, and as such, there's a lot of confusion about the bug and its implications as you use the Internet. TechProceed.com has compiled a list of Frequently ...