“Yeah exactly bro – can you believe we’re still sitting around here STILL waiting for confirmation?”
“Lightening network could help with this”This argument continues, with Lammer complaining about fees, block sizes, whales etc. During this time, Mohammed is left utterly perplexed. The saga eventually concludes with Dreamhost, restoring the website, leaving Lammer smug, with all of his Bitcoin in tact and Mohammed, a little embarrassed, one might imagine. Whilst this is a bit of fun, it does highlight a serious side to crypto-crime. Extortion like this, through ransom-attacks can be devastating, need I mention ‘Wannacry’ and the recent worldwide ransomware attack which devastating many international networks. The take home message here is never pay the ransom and of course, never engage in any form of communication with hackers, if you find yourself in a similar situation. There is always a way past these sorts of attacks, in the instance you fall victim to one, speak to a cyber-security expert or technician. Cryptocurrency was not designed for this, one day the industry will overcome it, for now however, education means we can all at least protect ourselves from it.