Even With Bad News The Kids Give us Hope

FREECAST S02E06: Even With Bad News The Kids Give Us Hope

Tom Freecoast Media - Original Content, News & Views, The Freecast

On this episode: $300 million in Parity wallets frozen. Despite faster technology, younger generations better at delaying gratification. Portsmouth thinks more regulation will solve zoning crisis. Rand Paul assaulted. Hundreds detained on Bolshevik centennial. The big question: Would America have been better off if the US fell apart in 1787? 1861? What about now for the future?


Featuring Hosts: Matt Carano, Mike Vine, and Nick Boyle

Engineered by: Matt Carano

Produced by: Tom Hudson, Matt Carano, Mike Vine, and Nick Boyle


  • Breaking news The Parity Multisig Wallet contract has another exploit. (Matt)
    • https://www.reddit.com/r/ethereum/comments/7bdot1/parity_mutisig_library_suicide_whg_update/
    • https://github.com/paritytech/parity/issues/6995
    • Within the last 24 hours a hacker by the name of devopps199 posted in the Parity Github the phrase “anyone can kill your contract”
    • Basically by making themselves the contract owner they were able permanently and irreversibly disable it from sending.
    • We’re looking at ETH worth roughly $300 Million so far. Maybe more – not including token values.
    • Second major exploit to Parity multisig in the last 4 months. The last one in July affected 3 projects and claimed roughly $50 Million in ETH. It would have been more if Whitehat hackers hadn’t intervened saving close to $200 Million in value.
    • Parity apparently fixed that exploit but did not adopt the community audited version of their multisig afterwards, which did not contain this exploit.
    • Gavin Wood, creator of Parity is also on another project called Polkadot, who right now has close to $90 Million in ETH stick in a Parity wallet
  • Gen Z and Millennials are better at delaying gratification than their parents (Nick)
  • Portsmouth residents vote on charter amendments (Mike)
    • Charter amendment one increases Portsmouth’s financial disclosure requirements for city candidates.
    • The second charter amendment, if approved, would expand the city’s conflict of interest disclosure requirements to land-use board members
    • “It’s becoming more and more valuable for developers to develop or grow in Portsmouth,” Splaine said Tuesday. “That means decisions affecting tens of millions of dollars of development are being made by land-use board members and members of City Council.”
    • “Someone serving on a land-use board, voting on who can build what and where, holds enormous power and influence,” Splaine said. “It is only reasonable — and responsible — for our charter to require disclosure of very basic information, such as the identity of the board member’s employer, and the location of Portsmouth real estate or assets owned. Not disclosing such information can breed distrust in the integrity of that board’s decisions, and cause costly lawsuits.”
    • http://www.seacoastonline.com/news/20171031/portsmouth-residents-to-vote-on-charter-amendments
  • Rand Paul assaulted at his home (Matt)
    • However, worth noting that the neighbor may be charged federally because members of congress get special legal protection
    • The attack was a shock for the community in Bowling Green, where a neighbor says he would often see Paul and Boucher out walking their dogs on the normally quiet streets. Jim Skaggs, a member of the state Republican Party executive committee, lives in the neighborhood and has known both men for years. He said they disagreed politically, but was shocked to hear of the incident.
    • “They were as far left and right as you can be,” Skaggs said. “We had heard of no friction whatsoever other than they just were difference of political opinion. Both of them walked their little dogs at about a mile and a half circle, a nice little dog trot. I’d see them out walking, maybe they might stop and speak with each other.”
    • Boucher is an anesthesiologist and a pain specialist. He invented the “Therm-A-Vest,” a cloth vest partially filled with rice that when heated can be worn to relieve back pain, according to a 2005 article from the Bowling Green Daily News.
    • http://rare.us/rare-news/across-the-u-s-a/a-man-is-in-jail-after-senator-rand-paul-was-attacked-in-his-home/
    • https://www.cbsnews.com/amp/news/rand-paul-attack-kentucky-bowling-green-alleged-neighbor-broken-ribs/
  • Texas shooting (Mike)
    • TX shooter was ex-military
    • >>Investigators are also probing how the attacker obtained his gun, noting that he had sought and failed to obtain a permit allowing him to carry a concealed weapon.
    • >> “By all of the facts that we seem to know, he was not supposed to have access to a gun, so how did this happen?” Abbott said in an interview on CNN.
    • >> Kelley worked briefly over the summer as an unarmed night security guard at a Schlitterbahn water park in New Braunfels, the company said in a statement. The company also said that Kelley passed a Texas Department of Public Safety criminal background check before beginning work there.
    • >> Referencing the armed civilian that apparently exchanged shots with the attacker, Trump said: “Fortunately someone else had a gun that was shooting in the opposite direction” or the rampage “would have been much worse.”
    • >> No one inside the church was armed at the time of the attack, the sheriff said Monday, saying he was not surprised by that fact. “People from this community would never think this could happen,” he said.
    • >> “We have to stand up,” Boswell said. “We have to work together. We have to advocate and we have to speak out against gun violence.”
    • “Automatic weapons is the first place we start,” Jordan said.
    • Channel 9 asked the pastors if they were comfortable or open to the idea of members carrying guns at church.
    • They said people have brought up the idea in the past, but they want to have a gun-free zone.
    • http://www.chicagotribune.com/news/nationworld/ct-texas-church-shooting-20171106-story,amp.html
    • http://www.wsoctv.com/news/local/local-baptist-pastors-react-to-texas-church-shooting/640480758
  • Hundreds detained in Moscow on centennial of communist revolution (Nick)


  • Feast of the Freecoast
  • Shire Sharing
    • 1) Assemble the Thanksgiving gifts. This is an open event in Manchester. Find the Facebook event here. Meet us at 4 Technology Drive in Londonderry any time between 10am and 3pm on November 18th. It’s a potluck and family-friendly. There will be balloons thanks to NH Balloon Man! While technically Londonderry, this address is right by the Manchester Airport.
    • 2) Deliver Thanksgiving meals. On November 19th, we will be going door-to-door with our Thanksgiving gifts. If you’d like to help, sign up using the form below! Deadline to sign up is 5pm EST November 10th. We will contact you by Nov. 17th, 2017. Any questions, use our contact form.
    • http://www.shiresharing.org/volunteer

The Big Question

  • Would America have been better off if the US fell apart in 1787? 1861? What about now for the future?

Social media (Nick)

  • Questions for Listeners, What do you think of the new format so far? How can we make this show better for you?
  • Send us an Answer to @freecastpodcast and we’ll read the best ones next week!