Trojan Bitcoin Miner affects 6% of Russian users

Kaspersky Internet Security reports Trojan Bitcoin Miner attack
24 July 2017   2062
Bitcoin

Is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen

Since the beginning of 2017, 6% of Russian Kaspersky Lab users have been attacked in order to install the miners, reports Kaspersky Lab expert Anton Ivanov to forklog.com.

According to him, the number of attacks allows the virus to be classified as a fairly common type of malicious software. 

It loads the system using the computing power of the device, which reduces its performance. The mechanisms for distribution and non-legitimate installation of such malicious software are standard, which is sending out emails with malicious attachments, visiting infected sites and so on. 
 

Anton Ivanov
Kaspersky Lab senior antivirus analyst

Earlier this month, it was reported that from 20 to 30 percent of computers in Moscow are infected with a virus for Bitcoin mining. However, Kaspersky Lab denied this information.

Ethereum Scaling Solution Raiden to Launch Last Testnet

As noted by the developers, after implementing the new solution, the Ethereum network will be able to provide more than a million transactions per second
20 July 2018   162

On Thursday, July 19, at the Dappcon developer conference in Berlin, the last test network of Raiden for the Ethereum blockchain was launched, CoinDesk reports.

The release includes a minimal implementation of the scaling solution, which will allow the transfer of Ethereum tokens outside of the main blockchain. This is the last test phase before the introduction of technology into the core network of Ethereum.

It's the first step towards going to the mainnet. We really want people to really test this so we have a user interface, we have an API and we've created an open Github for everything they could find, so if we go hopefully bug-free on the mainnet.
 

Lefteris Karapetsas

Core Developer, Raiden

According to him, the new release represents an early implementation for the core network and contains a new rewritten code of smart contracts and payment channels that can be restored in case of unintended closure.

Also, Karapetsas urged developers to join the test network to help detect possible bugs, adding that a bounty program will be launched to encourage this activity.

The release date for the main network has not yet been assigned, but the developers intend to follow this earlier promise and launch Raiden this summer.

Karapetsas also promised to publish regular updates and code optimizations after the full release, adding that Raiden will complement other Ethereum scaling solutions that are currently being developed.

Raiden is essentially the payment channel network for ethereum, it's supposed to help us scale token transfers. The long term goal would be to have people use Raiden from a mobile device and be able to make off-chain token transfers just from their phone. That would be the long term vision, it would probably work in combination with various scaling solutions, sharding, plasma, a sort of hybrid.
 

Lefteris Karapetsas

Core Developer, Raiden

Raiden is developing from the 2015 and is written mostly on Python. The project is much like the Lightning Network. As noted by the developers, after implementing the new solution, the Ethereum network will be able to provide more than a million transactions per second.