Topic: [PND]Pandacoin | First Hybrid Wallet | 5000% Faster Blockchain Download | Instant Sync - page 122. (Read 1358977 times)

As we discuss adoption of PND, consider the following article:

And, the case for digital currencies gets stronger and stronger:

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Cory Doctorow at 8:00 pm Tue, Nov 4, 2014

Visa's new Paywave chip-and-PIN credit-cards have a $1M limit on foreign-currency transactions that can be verified "in-card," meaning that someone who gets close enough to your UK wallet can simply wave a phone at it and charge a megabuck to it without raising any realtime security alerts.

More practically, fraudsters with access to a crooked overseas bank could charge smaller amounts that might go undetected for weeks or months, and that would be low enough that police departments would be likely to ignore them.

According to researchers at Newcastle University in the UK, the card system developed by VISA for use in the United Kingdom fails to recognize transactions made in non-UK foreign currencies and can therefore be tricked into approving any transaction up to 999,999.99.

What’s more, because the cards allow for contactless transactions, wherein consumers need only to have the card in the vicinity of a reader without swiping it, a thief carrying a card reader designed to read a card that’s stored in a wallet or purse could conduct fraudulent transactions without the victim ever removing their card.

Since the transaction is done offline without going through a retailer’s point-of-sale system, no other security checks are done.

“With just a mobile phone we created a POS terminal that could read a card through a wallet,” Martin Emms, lead researcher of the project that uncovered the flaw, noted in a statement about the findings. “All the checks are carried out on the card rather than the terminal so at the point of transaction, there is nothing to raise suspicions. By pre-setting the amount you want to transfer, you can bump your mobile against someone’s pocket or swipe your phone over a wallet left on a table and approve a transaction.”

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The new NFC (Near Field Communications) cards are supposed to be super secure and will be replacing magnetic strip cards over the next year or two. Great news eh?

SO, security is becoming a bigger and bigger concern with cryptos poised to fill the gaps.

(posted in several forums where I thought it was relevant...)

very true. we've been going on for almost 9 months now!

Pump and Dump coins are dead in a week.

 

nope sorry friend
no pumps here
take you pump n dump shit elsewhere

DAM, i hope bitterx fixed their wallet soon i wanna have steak for dinner. also thx for the info.

I do not believe in the pump, in a slight increase in prices that

I heard PND is getting pumped soon 

PND and DOGE are paid out at the same time for each round, so if either of the coins have a delay, the payout for that round has a delay

Another 1 million PND winner! Who's going to take home the first 10 million PND prize?



We have implemented a Pandacoin (PND) IRC Lotto Faucet system, where you can type the following commands on our irc channel every 24 hours for a chance to win up to 10 million every 24 hours Pandacoins (PND): !lotto !panda or !gimme

It works by a lotto system, where you get one try every 24 hours:

Normal payouts = 10-100 PND
1/10 chance = 1,000 PND
1/100 chance = 10,000 PND
1/1,000 chance = 100,000 PND
1/10,000 chance = 1 million PND
1/100,000 chance = 10 million PND

So join us on #PandacoinPND at freenode.net to try out the Lotto-Faucet commands !lotto !panda !gimme, have a chance of winning up to 10 million Pandacoins (PND) and chat with the other Pandas from this awesome community!

Someone just won 1,000,000 PND in the IRC. congrats!

Is the multi pool broke or something ? i know Doge wallet is but pnd is to ? i have not received my payment for the last 6 rounds. dam i wanna stake that pnd.

Thanks m80 but if you type "kuma" in Japanese Google IME it shows up as an option.

Thank you

hahaha 

Thank you cryptonewstoday

Spread the LOVE!
10,000 PND Giveaway!
https://twitter.com/intorabbithole/status/530427845395615747

Latest news about PB update what was announced at 29 of october within 7days release?

LOL I never noticed your asci panda in your sig. Good stuff, and creative!

（´(ｪ)｀）