Blog roll please!
Quick reads across a variety of topics
Introducing Proof-Of-StakeWork
Blockchain
06 May
13:42
[Note: This post requires background knowledge in blockchain technology. We have provided links to background information.] After determining a blockchain project’s reason for existence, the next most important decision developers and entrepreneurs must consider is the mechanism through which their network will arrive at consensus. There are many different types of consensus protocols, but the vast majority of them can be placed into one of two buckets, Proof-of-Work (POW) or Proof-of-Stake (POS). Many developers may...
Why We Can't Trust Network Time
Burning Platform
26 Apr
11:41
“If you knew Time as well as I do,” said the Hatter, “you wouldn’t talk about wasting it. It’s him.” “I don’t know what you mean,” said Alice. “Of course you don’t!” the Hatter said, tossing his head contemptuously. “I dare say you never even spoke to Time !“ Alice in Wonderland In order to trust a time source, we need to validate its certificate. In order to validate a certificate, we need to know...
Why there are 3652 organizations that can read everyone's encrypted traffic
Burning Platform
08 Apr
13:23
You may not be aware of this but if you are browsing the web or running IoT devices in your business or at your home, you are being protected by a 30-year-old security infrastructure. In this post, we will uncover the history of the internet PKI that holds most of the internet together today and highlight some of the most obvious threats and known flaws. This article is the first in a series investigating the...
Decentralized PKI in a nutshell
Burning Platform
20 Mar
16:58
In Today’s internet, the authenticity of content is secured by the internet PKI system and the domain name registries. To make it all work first the domain name server (DNS), second you - holding the certificate and the corresponding private key and third a certificate authority which signed your certificate all have to agree on the same data to create this security. A single miss like a domain name server pointing to a different server...
How the End of Mining Could Lead to the ‘Uberization’ of Infrastructure
Decentralization
07 Mar
12:11
The public was aghast back in early 2018 when PwC Bitcoin specialist Alex de Vries estimated that Bitcoin servers consume more than 22 terawatt-hours of electricity per year which is comparable to entire countries such as Austria and Ireland. To many, this was a brewing crisis that if left unchecked would render blockchains unscalable and unsustainable Even Bitcoin’s strongest supporters recognized that the energy consumption issue presented a barrier to growth and mainstream adoption. The...
DarkMatter and industrial IoT security
Burning Platform
27 Jan
12:11
On Monday, Bleeping Computer published an article about the disturbing revelation that Dark Matter, a cybersecurity firm based in the United Arab Emirates, has aspirations to become a trusted root certificate authority in one of the world’s most popular web browsers. A certificate authority (CA) plays an important role in the public key infrastructure (PKI) which ensures secure communication over the internet. CAs are trusted entities that manage, issue and sign digital security certificates that...
Breaking new ground in IoT
Press
21 Jan
13:23
After months of incubation we’re excited to start talking about our new, we believe groundbreaking, initiative: DiodeSM Incubating within Exosite, we’ve been working hard to fix some of the fundamental shortcomings of PKI that are underlying 99% of all Internet communication today. For the first time now it becomes practical, with Diode, to use blockchain technology to eradicate the issues with PKI for IoT devices. Our technologies work even on low-end embedded devices and increase...