TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

New Jersey slaps MIT Bitcoin hackers with subpoena

92 pointsby Kynlynover 11 years ago

15 comments

ck2over 11 years ago
Follow the lobbyists.<p>Figure out who was threatened enough by a bitcoin model to want the government to step in.<p>Because there is no way they have this kind of time on their hands to pursue this and have such in depth technical knowledge to know what to look for, without some corporate lobbyists spoon feeding it to the prosecutor.<p>Not that I believe tidbit could ever be profitable or useful, but still.
评论 #7229841 未加载
sneakover 11 years ago
Can someone with a background in law tell me if or why it wouldn&#x27;t be legal to turn over bitcoin private keys, complying exactly with a request, while also using your own retained copies of those keys to sign transfer transactions sending all those bitcoins held by the previous (now compromised) keys to your new ones that are not covered by the subpoena?<p>It seems to me that you&#x27;d be complying exactly with their request, as furnishing a copy of data does not obligate you to delete your own.
评论 #7228507 未加载
评论 #7229888 未加载
评论 #7228024 未加载
评论 #7230723 未加载
diminotenover 11 years ago
Hysteria aside, what happens when a court subpoena demands someone hand over something they don&#x27;t have? Does the person just say, &quot;I don&#x27;t have it.&quot; and that&#x27;s that? What if they lie about not having it?
评论 #7228234 未加载
评论 #7228128 未加载
gopher1over 11 years ago
If these New Jersey prosecutors fail with this one, I&#x27;m sure they can slap some felony computer fraud charges on them for violating X website&#x27;s ToS agreement.<p>Prosecutors need to lose their immunity, then we might get some sanity back in the justice system.
评论 #7228691 未加载
评论 #7227799 未加载
gnu8over 11 years ago
I hope they are asking for sanctions in addition to quashing the subpoena. Whoever wrote this subpoena is not only ignorant but has a massive attitude problem, for which some jail time would be therapeutic.
评论 #7227893 未加载
dreamdu5tover 11 years ago
Umm.... what were they issued the subpoena FOR!? I read the entire article waiting for this to be explained.<p>Or can you just be subpoena&#x27;d without any case?
评论 #7228130 未加载
quackerhackerover 11 years ago
This is the first I&#x27;ve heard of Tidbit and I have to say that it is absolutely ingenious!!!<p>If they do open source the code, I strongly hope that webmasters would actually replace obtrusive ads with the mining protocol and not just add it in addition to ad revenue.
评论 #7228475 未加载
评论 #7228532 未加载
评论 #7228421 未加载
blueskin_over 11 years ago
I can actually see their point, although yes, they&#x27;re going about it completely the wrong way.<p>Bitcoin mining using malicious javascript will cost people a lot of money in power bills if done without permission, and this project has good intentions, but I&#x27;d be unsurprised if it has already been forked to run without victims knowing. It&#x27;s just another form of intrusive advert.
protomythover 11 years ago
I&#x27;m all for state&#x27;s rights, but, given what the article says, I cannot understand how NJ has any ability to issue the subpoena. It isn&#x27;t an active product that has been used in production so no NJ resident has been &quot;harmed&quot;. Its like the NJ prosecutor read some tech article and decided to act.
kaonashiover 11 years ago
Sounds like a wonderful way to waste electricity and kill browser performance at the same time.
评论 #7230035 未加载
flatlineover 11 years ago
&gt; Tidbit uses the Stratum protocol, which would enable websites to get paid based on total work contributed to the mining pool rather than total Bitcoins mined<p>No, that&#x27;s what P2Pool, or really any pool, does. Stratum, as the link states, is just a long-poll protocol to reduce stale shares when a new block is found.<p>But speaking of pools, it seems like the best bang for their buck would be a scrypt profit-switching multipool, that mines the most profitable scrypt coin and exchanges for btc or dollars or whatever. This would potentially create a huge pool so p2pool is better in that respect, but it&#x27;s just not profitable to mine BTC like this at all.
jliptzinover 11 years ago
Ridiculous prosecution aside, something tells me Tidbit will be used in addition to, not as a replacement of display ads.<p>(That assumes there will always be a cryptocoin worth mining with a CPU&#x2F;GPU. Right now it&#x27;s silly to do so for bitcoin)
jherikoover 11 years ago
if you do something that is legally ambiguous and you get penalised for it then it is your own fault.<p>this is one reason why i am reluctant to buy any bitcoins or cryptocurrency in general - esp given the strong background of money laundering.<p>its a shame. i do think the future of currency lies in bitcoin or similar... its just not there yet.<p>sure if everyone ends up using it the legality will need resolving sooner, but to a very good approximation nobody uses it at the moment (!)<p>i base this on the data that there are a great deal fewer bitcoin addresses in use atm than enough to assign one of them to each out of 0.1% of the world population - given that many people use multiple addresses i don&#x27;t think its unreasonable to consider it very close to non-existent in that naive sense... penalising all of the people currently involved is not out of the question yet... not by a very long way imo.<p>(source: <a href="http://blockchain.info/charts/n-unique-addresses?timespan=30days" rel="nofollow">http:&#x2F;&#x2F;blockchain.info&#x2F;charts&#x2F;n-unique-addresses?timespan=30...</a>)
amurmannover 11 years ago
I can&#x27;t stand it anymore! Why are we prosecuting these people instead of Comcast who is on a course to destroy our infrastructure? Of course I know the answer. I just can&#x27;t deal with it anymore. I will just stop reading any news.
adreganover 11 years ago
I can&#x27;t make heads or tails of this—why is New Jersey, specifically, issuing this subpoena? Do they have jurisdiction? Is the student from New Jersey?