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news.php
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<?php include("header.php"); ?>
<style>
p{
text-indent:30px;
}
</style>
<div class="container-wrapper container-top container-wrapper-prime">
<div class="container container-top">
<div class="row">
<div class="col-md-12 center">
<h1>News</h1>
</div>
</div><!-- end row -->
</div><!-- end container -->
</div>
<div class="clear"></div>
<div id="content" class="container">
<div class="row">
<div class="col-md-8">
<div id="what-xpm" class="item">
<h3>Primecoin is unaffected by the alert system crisis</h3>
<p>As explained above, the alert system is only a problem if a crypto-currency copied the alert system
code exactly from Bitcoin. Ethereum, for example, developed their own core codes and therefore would
not be affected. For altcoins, however, it takes developers incredible insight that allows them to
identify and understand the alert codes in the massive Bitcoin software, and foresight to realize
that it could be a problem in the future.
</p>
<p>
Sunny King, the creator of Peercoin, Primecoin, the concept of Proof of Stake(PoS) and alternative
Proof of Work (aPoW), had both. A volunteer developer of Primecoin, Harrye Tian, informed us that
Sunny King had already noticed and took care of the alert system issue back in 2013 when Primeocin
was initially released.
</p>
<p>
Reading into Primecion’s source codes released on Github, Harrye noticed that Primecoin was based on
Bitcoin version 0.8.6, which contained the alarm system codes. He then reached out to Sunny King,
who reassured him that the private key has been changed to a key that is only known to SK himself.
Even if Nakamoto’s key was revealed, Primecoin will remain unaffected.
Sunny King expressed his gratitude to Harrye for raising his concern and for his contribution to the
community, and the two discussed the future of Primecoin developments. Sunny King hopes that Harrye
Tian, together with other volunteers, will continue their effort on Primecoin and soon release an
updated version of Primecoin, improve its technology and security, add more functions and keep the
community active.
</p>
</div>
<div class="item">
<h3 id="advantages-xpm">The end message</h3>
<p>It is believed that there are still many altcoins that have not updated their codes relating to the
alert system, and is still vulnerable to the release of Nakamoto’s private key. I hope this will
serve as a reminder to their developers to take action.
Furthermore, I believe that with the help of volunteers such as Harrye and others, alongside support
from Sunny King himself, Primecoin will catch up its lost time and evolve into a better and more
versatile platform. </p>
<ul>
<li>
<a href="https://bitcoinexchangeguide.com/satoshi-nakamotos-bitcoin-alert-system-protocol-private-key-to-be-revealed/">https://bitcoinexchangeguide.com/satoshi-nakamotos-bitcoin-alert-system-protocol-private-key-to-be-revealed/</a>
</li>
</ul>
</div>
</div>
<div class="col-md-4 sidebar">
<?php include("sidebar.php"); ?>
</div><!-- end sidebar -->
</div>
</div><!-- end container -->
<?php include("footer.php"); ?>