Press Releases TheBitTimes.com

A researcher at the Ethereum Foundation said he had “internally” discovered that staking Ether reveals a user's IP address information. A researcher at the Ethereum Foundation (EF) revealed that the IP address es of Ether (ETH) stakers are monitored as part of a broader set of metadata, causing the cryptocurrency community to flag Ethereum for privacy concerns . In an April 12 interview on the crypto podcast Bankless, EF researcher Justin Drake revealed that he learned this information “internally” — presumably at EF. The metadata Drake referred to is used to track a wide range of things, he explained: “There’s a lot of metadata, you can look at deposit addresses, you can look at withdrawal addresses, you can look at fee recipients, you can look at IP addresses.” Drake’s comments appeared to have taken Bankless host Ryan Sean Adams by surprise. Ethereum = 1984 chain Justin Drake, who works as the "Researcher" at the Ethereum Foundation, said today that when you stake y...

Florida-based lawyer Drew Hinkes described the bill as “the most unworkable state law” related to Blockchain and cryptocurrency that he has ever seen. A recently introduced Illinois Senate Bill has been ridiculed by the crypto community over its "unworkable" plans to force blockchain miners and validators to do "impossible things" — such as reversing transactions if ordered to do so by a state court. The Senate Bill was quietly introduced into the Illinois legislature on Feb. 9 by Illinois Senator Robert Peters but appears to have been only recently noticed by Florida-based lawyer Drew Hinkes who discussed the bill in a Twitter post on Feb. 19. The bill titled the “Digital Property Protection and Law Enforcement Act,” would authorize the courts — upon a valid request from the Attorney General or a State's Attorney that is made pursuant to the laws of Illinois — to order a blockchain transaction that is executed via a smart contract to be altered or rescinded. ...