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posted by takyon on Friday November 02 2018, @08:30AM   Printer-friendly
from the Doge-coin-in-my-wallet dept.

From the very richest Forbes Magazine (reprint) come news of a nefarious plot:

There's no better example of the power, and the terror, inspired by blockchain than Gab.com, the social network used by the accused Pittsburgh synagogue gunman to threaten Jews.

About a month and a half before the alleged gunman made good on those threats by opening fire in a Pittsburgh synagogue and killing 11 people, Gab submitted paperwork to the U.S. Securities and Exchange Commission to raise $10 million via an initial coin offering (ICO). The offering, dated September 18, 2018, has so far received commitments to raise $5.6 million in capital for the "free speech" social network, which is a favorite of white supremacists, neo-Nazis and other members of the "alt-right."

Since the shooting on Saturday, Gab has been shut down by a host of mainstream services including payment processors Stripe and Paypal, Web-hosting company Joyent and briefly, domain registry GoDaddy. But that might not matter, because Gab has already taken the first step toward freeing itself from dependence on traditional infrastructure and support mechanisms, thanks to its funding via the ethereum blockchain. Ultimately Gab's goal is to build an entire ecosystem beyond the reach of centralized authorities—whether Facebook, Twitter or venture capitalists—making it nearly indestructible. On this, the tenth anniversary of the publication of Satoshi Nakamoto's whitepaper, which gave birth to bitcoin, Gab epitomizes the darker consequences of his vision.

[...] Gab can also use other blockchain services if mainstream providers try to kick it off the internet by refusing to provide critical services. If Gab needs to replace GoDaddy for domain service (the addresses people use to find websites), Ethereum Name Service provides domains for decentralized applications built on the ethereum blockchain. Web hosting? No problem. Ethereum's Substratum provides a decentralized alternative to Joyent. Others have already pioneered the idea. PeepEth is a nascent ethereum-powered social network, and Mastadon is a blockchain-based Twitter.

Previously: Social Media and the Pittsburgh Shooter: Gab.com Going Down


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  • (Score: 0) by Anonymous Coward on Friday November 02 2018, @08:35PM (5 children)

    by Anonymous Coward on Friday November 02 2018, @08:35PM (#757062)

    since normal people detest constant idiotic screeching, especially when it is almost always turns out to be wrong.

    Like Trump himself. Yes.

  • (Score: 1, Interesting) by Anonymous Coward on Friday November 02 2018, @08:49PM (4 children)

    by Anonymous Coward on Friday November 02 2018, @08:49PM (#757071)

    Like I said, some people just don't get it. You are doomed to be perennially surprised because some basic part of your worldview is wrong. The GP post didnt offer up a single thing trump actually did that was unexpected, just a bunch of vague hate and "witty" comebacks/slurs.

    And even if they did offer something actually negative on Trump, wouldnt matter. Normal people dont pay attention to whiners, they want proactive solutions to problems they face.

    But the supposed trump opponents are so far from even valid criticisms, they are still stuck on calling trump orange😅. Guess what? That makes him a minority of one. Who else has to mark down "other: orange" when they fill out the census? Yet, look what hes achieved despite that.

    • (Score: 1, Insightful) by Anonymous Coward on Friday November 02 2018, @09:10PM (3 children)

      by Anonymous Coward on Friday November 02 2018, @09:10PM (#757077)

      It only makes Trump more popular to idiots who already like Trump.

      There are a TON of rational people seeing what is happening, seeing the lies from the GOP, and changing their tune. Best of luck with your conspiracy theories, maybe apply at reddit.com/r/topminds I hear they are a group of stable geniuses you might identify with.

      What is left but to mock? Your right-wing propaganda has a bullshit excuse no matter what someone says. Point out bad things Trump does and you play whataboutism, say bad things about Trump or the GOP and you call for civility. Provide sound logic to refute a point and you move the goal posts. Those tricks only work for a short while until most people catch on.

      Trump was able to ride a wave of hate and stupidity with such tactics, you'll have to be better if you want anyone to give your thoughts legitimacy.

      "Yet, look what hes achieved despite that."

      Oh, I see, you are one of the morons. I bet you advocate for "US cultural heritage" too.

      • (Score: 1, TouchĂ©) by Anonymous Coward on Friday November 02 2018, @09:29PM (2 children)

        by Anonymous Coward on Friday November 02 2018, @09:29PM (#757085)

        It only makes Trump more popular to idiots who already like Trump

        Holy shit, you really simply cannot comprehend whats going on. All you wanna talk about is trump, this isnt about trump.

        It is about disgust with and anti-trust of the media. Many new eyes are opening up to their duplicity due to their (retarded in every way if taken at face value) coverage of trump. Every single response Ive dealt with in this thread proves my point: the anti-trump people are clueless; blind to even the topic of discussions they are trying to partake in.

        • (Score: 0) by Anonymous Coward on Saturday November 03 2018, @02:51AM (1 child)

          by Anonymous Coward on Saturday November 03 2018, @02:51AM (#757175)

          Suuuuure thing AC.

          That may be what it is for YOU, the trolling internet libertarian who just wanted to disrupt "the system".

          Sadly you are the minority when it comes to Trump supporters, otherwise we probably wouldn't even be having this conversation. Unless you are a true Trump supporter, then you're just massively full of shit.

          • (Score: 0) by Anonymous Coward on Saturday November 03 2018, @03:27AM

            by Anonymous Coward on Saturday November 03 2018, @03:27AM (#757181)

            Still dont get it. media_distruster != trump_supporter, but it seems to be that media_truster == trump_hater & media_truster = somting_rong_w_behavior