Trading Tip `The Wall´ – Drop Tokens That Suffer From Overtokenization

Trading Tip `The Wall´ - Drop Tokens That Suffer From Overtokenization

It’s said that 90% of all startups fail, and that we should expect nothing more from ICOs. 10% success rate is still overly optimistic for ICOs, but perhaps not for the reason you may think. You’re probably aware of examples of ICO “founders” who turned out to be a bunch of made up Linkedin-profiles. You’re probably also aware of the risks that come with sending money to people you never met, in an asset or token impossible to freeze.

Also read: Disappearing Premiums Signal Bearish Mid-Term Outlook

Drop Tokens That Suffer From Overtokenization

You’re probably also aware of industry-specific risks, apart from straight up scams, which include:

  1. ICOs violating securities laws
  2. ICOs using complicated legal structures in order to avoid violating securities laws and having it back-fire
  3. ICO fundraisers using Ethereum smart contracts and imploding (this actually happened to the Ethereum co-founder himself)

In this post, I’m going to discuss a much more daunting problem that very few seem to grasp; overtokenization.

Let’s be clear: ICOs as a concept is not at all a bad way to fund the development of a new cryptocurrency. However, the ICO space today is overwhelmed by projects that are not even cryptocurrencies. ICOs have moved from covering cryptocurrencies, to apps that use an existing cryptocurrency as its platform, to regular companies doing something cryptocurrency related, and to regular companies doing nothing related to cryptocurrency at all. What many ICO investors seem to forget to ask is: why exactly do these projects need to have a “token”? Somewhere along the way, everything suddenly having a token became normal, and no one barely questions it anymore. This is going to cause a huge problem in the future, and I’m going to explain why.

There are very few cryptocurrency projects that legitimately necessitates a coin or a token from a technological perspective. The known examples that do are the following: actual cryptocurrencies (e.g. Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Monero), and certain protocols involving some kind of game-theoretical token usage (i.e. staking).

Trading Tip `The Wall´ - Drop Tokens That Suffer From Overtokenization

Augur Project

One of the few projects from the latter category I can come to think of is Augur. Augur isn’t a cryptocurrency, but a product that uses a cryptocurrency as platform. It’s a decentralized prediction market (currently in beta-stage) which consists of a set of smart contracts on the Ethereum blockchain. In Augur, its REP token (an ERC20) is integral to the process of resolving bets. It provides Augur with a way to financially reward and punish the actions of honest and dishonest actors, and creates incentives for a specific category of users (REP holders) to be proactive on the platform.

Augur is a project with flaws, but what we know is that it’s not practical to try to create Augur without a token. The token is – from the ground up – integral to the functions of the platform. The token itself is also defensible as an investment: as the popularity of the platform increases, the more revenue there will be for REP holders to earn on fees from resolving bets. I would argue that these ingredients are pretty unique to Augur (and perhaps also similar projects like Gnosis). In fact, there is an extremely limited number of cases of non-cryptocurrencies where a token is both technologically necessary and useful as an investment.

But the allure of launching a project like Augur is tantalizing; you don’t have to plan to create a whole cryptocurrency to launch an ICO, you just need a product that somehow utilizes a token that in some manner economically motivates people to hold it. If you figure out that, then you can launch an ICO too.

Because of the insane amounts of money investors poured into ICOs, almost every entrepreneur in the industry has quickly decided that whatever project they’re working on, it should probably incorporate some kind of token. Because not all projects are launching a new cryptocurrency, and they do not involve game-theory or staking that necessitates a token like Augur does, most projects have settled with a model where a specific token is required to utilize its services.

Trading Tip `The Wall´ - Drop The Tokens That Suffer From Overtokenization

Golem plans to build a decentralized market for computing power.

A Token-Critical Perspective

This is where the industry is running into a problem. Instead of an ecosystem of services being built around cryptocurrencies, you will now have to first purchase a specific token in order to utilize those services. Whether its storage space for rent, processing power for rent or something else, you won’t be able to pay for those things directly in your favorite cryptocurrency, you’ll have to use the specific token they’ve restricted their service to accepting, in order to raise money from you in their token sale.

This restriction severely diminishes the utility of the service they are creating. In the Golem example, its participants will be forced to accept payment in GNT rather than bitcoin for instance. It’s very unlikely that GNT is going to be as liquid as bitcoin, and therefore it is much more likely that the value of GNT will fluctuate spectacularly in comparison, which isn’t very convenient for its users. Furthermore, some sort of micro-economy will have to evolve around the GNT token, that relies on the GNT tokens that are purchased are later resold to the market. That opens up a whole new attack surface, where the entire platform could essentially be hijacked in a coordinated act of market manipulation. This is why absurd constructs such as Bancor have appeared, in order to address this ridiculous problem.

This doesn’t necessarily mean that Golem and the likes of it will be useless; however, there’s a very real chance that something else eventually comes along, providing the same service, but in the currency of its users’ choosing. Such a competing platform, without the friction of being restricted to a specific token, has a very big edge on its ICO-launched competitor.

My trading tip this week is to go through your portfolio and evaluate your investments from a token-critical perspective. Get rid of those tokens that add no benefit to the product or service they are providing, and in many cases are a down-right handicap. In the end, while it may be true that an ICO could be the thing that gets a project off the ground that wouldn’t have otherwise, it may also be the thing that kills it.

What are your thoughts on market manipulation? Let us know in the comment section below!

Images via Shutterstock, Twitter.

Disclaimer: Bitcoin price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice. Neither nor the author is responsible for any losses or gains, as the ultimate decision to conduct a trade is made by the reader. Always remember that only those in possession of the private keys are in control of the “money.”

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Salon Offers Visitors In-House Cryptocurrency Mining When Blocking Ads

Salon Offers Visitors Cryptocurrency Mining to Block Ads

Mainstream web magazine Salon has started allowing its readers an ad-free site, if readers start mining cryptocurrency for them, after sustaining a decline in income due to ad blocking technology.

Also read: Japan Cracks Down on Foreign ICO Agency Operating Without License

Salon’s Mining Initiatives

Salon Offers Visitors Cryptocurrency Mining to Block AdsSalon, a left-leaning political and lifestyle webzine started in 1995, has launched a cryptocurrency mining option for its visitors in an effort to recuperate some of its declining income. The site is run by Salon Media Group, a publicly-traded company with offices in San Francisco and New York City.

“Like most media companies, Salon pays its bills through advertising,” the site explained, adding that the increase in visitors using ad blockers has “cut deeply into our revenue.” Acknowledging technological developments, Salon wrote “your computer itself can help support our ability to pay our editors and journalists,” noting:

For our beta program, we’ll start by applying your processing power to mine cryptocurrencies to recoup lost ad revenue when you use an ad blocker.

Salon also made the disclaimer that “mining uses more of your resources which means your computer works a bit harder and uses more electricity than if you were just passively browsing the site with ads.”

Let the Ads Display or We Will Mine Crypto

The mining option is now shown to all Salon website visitors using an ad blocker. Anyone arriving on any page of the site will immediately see the message, “We noticed you’re using an ad blocker. We depend on ads to keep our content free for you. Please consider disabling your ad blocker so we can continue to create the content you come here to enjoy.” They are subsequently presented with two options: to disable their ad blocker and allowing ads to be displayed or to keep blocking ads but allow Salon to use their spare computing power.

Salon Forces Visitors to Mine Cryptocurrency if They Block Ads

Salon Forces Visitors to Mine Cryptocurrency if They Block AdsFor its beta program, Salon is mining monero, which is more profitable to mine than bitcoin on common PC processors. The cryptocurrency also has a widely used application for websites like Salon to easily deploy, called Coinhive. The program allows websites to mine monero with their visitors’ CPUs, with or without their knowledge. While often described as malware, Coinhive is nonetheless used by several well-known websites including the Pirate Bay.

Salon informs their users upfront that its mining functionality is “Powered by Coinhive,” and displays a link to let visitors read more about the process. The webzine also says that “Nothing is ever installed on your computer and Salon never has access to your personal information or files.”

How Much Processing Power Is Used

To opt-in, users are asked specifically if they would like to allow mining for the duration of the current site visit. Once the “allow for this session” link has been clicked, the users’ processors will immediately start working intensively.

In our informal testing using a modern 4-core Intel processor, all 4 cores’ usage was instantly maxed out within a couple of seconds after clicking the allow button.

Salon Forces Visitors to Mine Cryptocurrency if They Block Ads

As soon as the Salon page was closed, the processors returned to normal. Without clearing cookies, the site will remember users’ opt-in preferences for up to 24 hours, Salon noted, adding that they will be asked to opt-in again after that. Furthermore, Salon clarified:

We automatically detect your current processing usage and assign a portion of what you are not using to this process. Should you begin a process that requires more of your computer’s resources, we automatically reduce the amount we are using for calculations.

What do you think about Salon’s plan to force their users to choose between ads and mining crypto? Let us know in the comments section below.

Images courtesy of Shutterstock and Salon.

Need to calculate your bitcoin holdings? Check our tools section.

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Mining Crypto In a Browser Is a Complete Waste of Time

Mining Crypto In a Browser Is a Complete Waste of Time

Malware that surreptitiously mines cryptocurrency while you browse the web is big news right now – literally in the case of news outlet Salon, which has enabled it as an opt-in feature. One thing that it certainly isn’t, though, is big business. Every other day, media outlets seem to be running stories about the latest cryptojacking scams. While these tales are mostly true, the extent of the problem has been vastly overstated. Smart criminals aren’t covertly crypto mining in-browser, not because they’re incapable of doing so, but because even at scale it simply isn’t profitable.

Also read: Nuclear Engineers Arrested for Mining Cryptocurrency Using Government Supercomputer

Cryptojacking Malware

Browser Mining Crypto Is a Complete Waste of TimeLast weekend, it emerged that the Browse Aloud web browser plugin had been hijacked, causing it to covertly mine cryptocurrency on around 5,000 computers. Among those affected were systems used by a number of British government bodies including the National Health Service and a student loans company. At the time, a spokesperson for the UK’s National Cyber Security Centre said: “NCSC technical experts are examining data involving incidents of malware being used to illegally mine cryptocurrency…Government websites will continue to operate securely. At this stage there is nothing to suggest that members of the public are at risk.”

Naturally members of the public weren’t at risk – in any sense of the word. The only real side effects of having your browsing session cryptojacked are perhaps a slowdown in computing performance and the device heating up. The majority of web users wouldn’t even be aware that anything was amiss. While relatively benign, as cyber attacks go, mining malware is still an inconvenience that no web user would reasonably be expected to tolerate…except for instances where that was the price of access. Salon sparked headlines this week after unveiling plans to do just that as a means of monetizing its news site.

Browser Mining Crypto Is a Complete Waste of Time

Mining for Kernels of Truth

Media organizations are constantly seeking new ways of monetizing their sites. In an era of ad blockers and diminishing attention spans, generating any sort of payment per click is an achievement. The notion of web users mining monero – an anonymous cryptocurrency synonymous with the deep web and its wares – in order to fund a mainstream news site is an amusing one. It’s also an illogical one, on many levels. According to estimates provided by Coinhive, the software used by Salon as well as by the criminals in last weekend’s UK-wide cyberjacking scam, the return to be made on browser mining is pitiful.

Browser Mining Crypto Is a Complete Waste of TimeOne million visitors spending five minutes on a website would result in a total of $64 of monero being mined. The 5,000 UK government machines that were infected using Coinhive netted a paltry $24 in monero. Browser mining cryptocurrency, be it on a permissioned or permissionless basis, is unprofitable. If you’re going to bend the rules to mine crypto, you need access to a government supercomputer and the skills to avoid getting caught. Otherwise, the juice simply isn’t worth the squeeze.

Would you consent to having your computer mine cryptocurrency instead of being served adverts? Let us know in the comments section below.

Images courtesy of Shutterstock.

Need to calculate your bitcoin holdings? Check our tools section.

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British Couple Lawyer Up as $840k Cryptocurrency Divorce Heats Up

British Couple Lawyer Up as $840k Cryptocurrency Divorce Heats Up

Divorce is never fun and rarely simple, but when one party – generally the male – owns cryptocurrency, there’s an added layer of complexity. With cryptocurrency still relatively new as an asset class, there have been very few cases to date in which the unhappy couple have squabbled over altcoins. A British law firm professes to be handling three such cases at present, with the largest involving a tug-of-war over crypto valued at $840,000.

Also read: Divorce is Messy – Especially When You Own Bitcoin

Kissing Goodbye to the Ball and Blockchain

It was only a matter of time until a high profile, high value crypto divorce grabbed the headlines. In the event, it was Britain that claimed the dubious honor of hosting the world’s largest cryptocurrency untethering to date. “Crypto cash divorce nightmare looming” reads the cheery press release published by UK law firm Royds Withy King, on Valentine’s Day no less. Bolstering the stereotype about opportunistic lawyers, it reads:

Royds Withy King is acting on three separate high value divorce cases where spouses are seeking the disclosure and a potential share of cryptocurrency assets.  These are a first wave of cases that the firm is expecting. The three cases all involve husbands that have invested in or have purchased cryptocurrencies, including Bitcoin, Litecoin, Ripple and Ethereum.

The most lucrative of these cases – for all parties – concerns “an original investment of £80,000 [of cryptocurrency] in November 2016, which was valued at £1m in December 2017 and is now worth £600,000 [$840,000]”.

British Couple Lawyer Up as $840k Cryptocurrency Divorce Heats Up
Vandana Chitroda of Royds Withy King

One of the firm’s partners speaks of there being “a traceability nightmare” in cases where a spouse hasn’t disclosed their assets. One partner’s nightmare, of course, may be another’s dream. As previously ventured on, “Parting with half of one’s cryptocurrency collection doesn’t come easy…Progressive males let their wife keep her surname and give up half their crypto come the divorce. Patriarchal oppressors put it all in monero and deny everything.”

British Couple Lawyer Up as $840k Cryptocurrency Divorce Heats UpWhile onlookers who aren’t embroiled in a crypto divorce may derive a degree of schadenfreude from such cases, there are serious issues at stake. In many countries, a 50% division of assets is awarded, despite the husband often being the main breadwinner, because the wife’s contribution is recognized in other domains, including caring for their children and supporting his career. Making money from cryptocurrency calls for shrewdness, foresight, and iron hands, but qualifying it in the same bracket as a 40-hour-per-week job may be stretching it. Unless the husband embroiled in the $840k case is a full-time crypto trader, he likely made his money simply from buying early and hodling.

Always 50/50 In Relationships?

Even if the man’s spouse isn’t seeking an equal division of cryptocurrency, he may, for various reasons, begrudge parting with a portion of his portfolio. As Vandana Chitroda, a partner at Royds Withy King, points out: “[Volatility] presents a real challenge when valuing cryptocurrencies. Valuations will have to be carried out a number of times during the divorce process as the case progresses.”

If the couple are to reach an amicable resolution, the wife may find her husband more willing to come to an agreement in a bear market than during a bull run. Whether she’d be willing to accept a payoff while the crypto markets are mired in the red is another matter entirely. In the years to come, divorce courts may be prove to be a prime testing ground for determining how cryptocurrencies are classified and valued.

Do you think crypto assets should be equally apportioned in the event of a divorce? Let us know in the comments section below.

Images courtesy of Shutterstock, and Royds Withy King.

Need to calculate your bitcoin holdings? Check our tools section.

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Report Claims Litecoin is the Second Most Adopted Currency on Dark Marketplaces

A recent study has revealed Litecoin to be the second most adopted means of payment among dark marketplaces. The study also indicated a significant increase in adoption of Monero among English-speaking platforms.

Also Read: South Korean Prosecutor Fights to Confiscate Bitcoins from Criminal Proceeds

Dark Marketplaces Increase Altcoin Adoption

LTC is Second Most Popular Currency Among Dark MarketplacesThe study, conducted by Recorded Future, involved the analysis of 150 leading dark web “message boards, marketplaces, and illicit services” in order to ascertain the scale of alternative cryptocurrency adoption on the part of criminal entities in response to rising bitcoin fees.

Recorded Future states that “The meteoric rise in popularity of bitcoin among household users, speculators, and institutional investors […] since mid-2017” placed “an enormous load on the blockchain network, resulting in larger payment fees.”

Litecoin Is Second Most Dominant Dark Web Currency

LTC is Second Most Popular Currency Among Dark MarketplacesThe study revealed Litecoin to be the second most dominant currency among dark marketplaces – with LTC payment systems being implemented on 30% of the platforms analyzed in the study.

Despite the Recorded Future claiming to have identified an increasing number of “members of the cybercriminal underground” expressing a “growing dissatisfaction with bitcoin as a payment vehicle” as early as “mid-2016”, 100% of the platforms had integrated BTC payment systems.

Popularity of XMR Grows Among English-Speaking Dark Marketplaces

LTC is Second Most Popular Currency Among Dark MarketplacesThe study revealed a significant growth in the popularity of XMR on English-speaking platforms not matched by their Eastern European counterparts.

Among English-speaking platforms, Monero was found to be the second most popular means of payment – with XMR payments being integrated onto 15% of platforms. LTC was identified as the third most adopted payment channel among English-speaking marketplaces with 11%, followed by DASH and ETH with 9% each.

On Eastern European platforms, Litecoin was the second most popular means of payment, with 35% of dark markets implementing LTC payment integration. DASH was the third most adopted, with 24% of platforms integrating DASH payments, followed by BCH with 15%, ETH with 9%, ZEC with 4%, and XMR with 3%.

What is your reaction to Recorded Future’s finding? Share your thoughts in the comments section below!

Images courtesy of Shutterstock, Recorded Future

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Monero-Botnets: Das unerwünschte Comeback der CPU-Miner

Immer mehr Leute werden zu Monero-Minern, ohne dass sie etwas davon wissen. Hacker verklaven andere Computer in Botnets und schicken sie in die Monero-Mine. Die Praxis ist schon so verbreitet, dass die Rede umgeht, die Mining-Malware werde die neue Ransomware. Ist das nun gut oder schlecht?

Stellen Sie sich vor, Ihr Computer arbeitet wie verrückt, und Sie wissen nicht, warum. Der Prozessor ist am ächzen, der Arbeitsspeicher ist voll, und der Lüfter dröhnt. Obwohl Sie gar nichts machen.

Oft steht im Hintergrund eine Malware, die Ihr Gerät infiziert hat und Rechenleistung absaugt, um etwas zu machen, irgendetwas. In letzter Zeit steht das “irgendetwas” immer öfter dafür, dass die Geräte Monero minen. Solche Botnets, die Kryptocoins schürfen, wurden in den letzten Monaten zur Massenerscheinung. Manche Sicherheitsforscher gehen sogar davon aus, dass sie in diesem Jahr weiter verbreitet werden als die Ransomware. Und die wurde in den letzten Jahren zu einer Massenplage, die wieder und wieder für Schlagzeilen gesorgt hat.

“Nachdem der Wert von Kryptowährungen explodiert ist”, schreibt ein Analystenteam von Talos, “wurden mit Mining verwandte Angriffe zu einer bevorzugten Praxis vieler Hacker, denen es dämmert, dass sie damit all die finanziellen Vorteile anderer Angriffe, wie von Ransomware, wahrnehmen können, ohne mit den Opfern in Kontakt treten zu müssen und ohne die extreme Aufmerksamkeit der Strafverfolgung zu provozieren, die Ransomware gewöhnlich begleitet.”

Wie gewohnt schleusen die Angreifer eine Datei auf den Rechner ihrer Opfer, etwa durch eine vielversprechende Bewerbungs-Email. Zum Glück für die Opfer werden nun nicht, wie bei der Ransomware, alle Daten auf der Platte verschlüsselt, sondern es wird ein kleines Programm installiert, das nach Moneros sucht. Der Botnet-Betreiber wird damit zum Mining-Pool, und die Geräte die unfreiwilligen Arbeiter. Ein attraktives Ziel sind, schreiben die Talos-Analysten, Geräte am Internet der Dinge, da sie oft nur sporadisch gewartet werden und in der Masse eine Menge Rechenleistung zusammenbringen.

Die absolut bevorzugte Währung dieser Botnets ist Monero. Die Gründe sind naheliegend: Der Mining-Algorithmus ist Asic-resistent und bevorteiligt Grafikkarten nur schwach. Dies macht ihn für CPU-Miner, wie es Botnets in der Regel sein müssen, relativ profitabel. Als Bonus ist Monero noch besonders anonym. Die Kombination von Ring-Signaturen und Confidential Transactions sorgt für das höchste Maß an Privatsphäre, das man derzeit im Kryptoraum findet. Die illegal geschürften Coins waschen sich sozusagen von selbst.

Die Talos-Analysten stellen fest, dass Mining-Botnets ziemlich lukrativ sein können. “Um es finanziell einzuorden – ein normales System kann am Tag etwa 25 Dollar-cent an Monero einnehmen, was bedeutet, dass ein Angreifer, der sich 2.000 Opfer genommen hat (keine große Sache), am Tag 500 oder im Jahr 182.500 Dollar generieren kann.” In der Wirklichkeit findet man deutlich größere Botnets. “Talos hat schon Botnets beobachtet, die aus Millionen von infizierten Systemen bestehen, was nach allem, was wir bisher festgestellt haben, bedeutet, dass man diese Systeme nutzen kann, um theoretisch mehr als 100 Millionen Dollar im Jahr zu verdienen.”

Tatsächlich haben sich schon Botnets in dieser Größenordnung gebildet, die Moneros minen. Am 1. Februar berichtet Bleeping Computer vom Smominru Botnetzs, das angeblich aus mehr als 526.000 Geräten besteht, die meisten davon Windows Server. Das Botnetz habe schon über 8.900 Monero geschürft, was zu diesem Zeitpunkt mehr als 2 Millionen Dollar entsprach. Die meisten Opfer stammen aus Russland, Indien, Taiwan, der Ukraine und Brasilien. Damit ist Smominru doppelt so groß wie das Adylkuzz Botnetz, welches bisher das größte Monero-Botnetz war. Wie dieses nutzt Smominru die Eternal Blue Schwäche aus, die lange von der NSA geheimgehalten und benutzt wurde, bis sie schließlich von den Shadowbrokers veröffentlicht wurde. Seitdem wird sie oft für Ransomware ausgenutzt, etwa bei der WannaCry Pandemie.

Nur wenige Tage später, am 5. Februar, berichtet das Magazin schon vom nächsten aufstrebenden Botnetz: “Am Wochenende erschien ein neues Botnetz auf der Bildfläche, und es greift Andoid-Geräte an, indem es nach offenen Ports sucht, um die Opfer mit einer Malware zu infizieren, die Monero erzeugt.” Das Botnetz entstand erst am vergangenen Samstag. Bisher scheint es aus nur etwa mehr als 7.000 Geräten zu bestehen, doch es wächst rasant. Die meisten Opfer sind aus China und Südkorea, betroffen sind vor allem Fernsehgeräte.

Für Monero hat dies merkwürdige Folgen. Während auf der einen Seite der Preis wie bei derzeit allen Kryptowährungen fällt, steigt die Hashrate weiter an. Die Botnets heben die für Kryptowährungen übliche Verbindung zwischen Mining und Stromkosten auf, da es für den Hacker keine Rolle spielt, wie viel seine Opfer für Strom bezahlen. Anders als andere Miner werden die Botnetze daher nicht mit dem Mining aufhören, wenn die Energiekosten den Ertrag übersteigen. Für die anderen Miner zeitigt das die deprimierende Folge, dass das Mining immer weniger lukrativ wird.

Allerdings war absehbar, dass eine CPU-freundliche Kryptowährung über kurz oder lang zum Spielball von Botnets wird. Manchen in der Monero-Community stößt dies übel auf, weil man damit das Netzwerk in die Hände krimineller Akteure legt. Andere hingegen haben kein Problem mit den Netzen aus Zombie-Rechnern – solange sich die Betreiber an die Regeln halten, helfen sie lediglich, Monero sicherer zu machen.

Bereits Satoshi Nakamoto hat sich mit dieser Frage beschäftigt. Einige Tage, nachdem er im November 2008 sein Bitcoin-Whitepaper veröffentlicht hat, kritisierte jemand, dass das Mining in die Hände von schlechten Akteuren fallen würde. Schließlich haben diese meist die größte Rechenkraft. Satoshi antwortete darauf, dasss dies an sich kein Problem sei. “Selbst wenn ein schlechter Kerl das Netzwerk überwältigt, wäre er nicht augenblicklich reich. Alles, was er erreichen kann, ist es, Geld zurückzubekommen, dass er ausgegeben hat, so, als würde man einen Scheck platzen lassen. Um das zu tun muss er etwas von einem Händler kaufen, warten, bis es versendet wurde, dann das Netzwerk übernehmen und versuchen, sein Geld zurückzubekommen. Ich denke nicht, dass er so viel damit verdienen kann, wie wenn er Bitcoins erzeugt. Mit einer Zombie-Farm in dieser Größe würde er mehr Bitcoins generieren als alle anderen zusammen. Tatsächlich könnte das Bitcoin-Netzwerk auch Spam reduzieren, indem es die Zombie-Farmen dazu bringt, stattdessen Bitcoins zu generieren.”

Und etwas ähnliches passiert derzeit, wenn die Monero-Malware die Ransomware ersetzt. Es ist natürlich nicht eben schön, wenn der eigene Rechner unfreiwillig in der Monero-Mine schuften muss. Aber es ist nicht das schlimmste, was ein Hacker mit einem Botnetz machen kann.