Feeds

Lovers of Tor can now sprinkle Bitcoins on its developers as thanks

You mean, the project wasn't already accepting the trendy crypto-currency?

Beginner's guide to SSL certificates

The folks behind web privacy tool Tor will now accept donations in Bitcoins.

The project, which attempts to anonymize connections across the internet, will team up with payment biz Bitpay to allow users to donate using the crypto-currency; BTC contributions will be ultimately converted into dollars for the developers' coffers.

"Our decision to accept Bitcoins has been well thought out and researched from a financial accounting perspective with an eye on passing our required annual A-133 audit," the Tor Project announced.

"We believe we are the first US 501(c)3 non-profit organization to test acceptance of Bitcoins and attempt to pass the US Government A-133 Audit Standard."

The donations will be used to build and maintain the infrastructure of the public Tor network, we're told. Designed, ideally, as a secure means for routing communications over the the web, the Tor platform is popular among privacy advocates and anyone else who simply doesn't want to be easily traced online. But security experts warn that simply installing Tor is not enough to protect oneself on the internet.

The group said that, in addition to Bitcoins, it also accepts cash via PayPal, Amazon and Givv as well as traditional check and money order payments.

The announcement comes as speculation continues over the future of Bitcoins. In China, markets have plummeted amid a government ban on Bitcoin transactions, but the overall global USD-BTC exchange rate remains high. Some backers predict the currency will hit $40,000 per 'coin in the near future. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
SMASH the Bash bug! Apple and Red Hat scramble for patch batches
'Applying multiple security updates is extremely difficult'
Apple's new iPhone 6 vulnerable to last year's TouchID fingerprint hack
But unsophisticated thieves need not attempt this trick
Hackers thrash Bash Shellshock bug: World races to cover hole
Update your gear now to avoid early attacks hitting the web
Oracle SHELLSHOCKER - data titan lists unpatchables
Database kingpin lists 32 products that can't be patched (yet) as GNU fixes second vuln
Who.is does the Harlem Shake
Blame it on LOLing XSS terroristas
Researchers tell black hats: 'YOU'RE SOOO PREDICTABLE'
Want to register that domain? We're way ahead of you.
Stunned by Shellshock Bash bug? Patch all you can – or be punished
UK data watchdog rolls up its sleeves, polishes truncheon
Ello? ello? ello?: Facebook challenger in DDoS KNOCKOUT
Gets back up again after half an hour though
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.