Russia issues threat to GPS satellites
gpsworld.com
Russia issues threat to GPS satellites
1–10 of 27 posts
Re: Russia issues threat to GPS satellites
#2[0]https://qz.com/1106064/the-entire-global-financial-system-de...
Re: Russia issues threat to GPS satellites
#3https://www.npr.org/2016/02/22/467210492/u-s-navy-brings-bac...
Re: Russia issues threat to GPS satellites
#4https://uncensorednews.us/russia and https://uncensorednews.us/ukraine
Re: Russia issues threat to GPS satellites
#5one of the largest threats from GPS getting taken out is that banks, stock exchanges[0], and even ATMs rely on GPS for timing signals. If GPS is taken out, these could stop working dealing immediate damage to the economy. [0] https://qz.com/1106064/the-entire-global-financial-system-de...
Banking has some of the slowest to migrate MAINFRAME workloads. These keep track of things in order, atomic transactions, synchronous writes to HA solutions.
"When you pull cash from an ATM or swipe your card at the coffee shop, the machine needs to determine the precise time that the transaction occurs to, for example, prevent it from being over-drawn."
Absolutely and completely false. You do the withdrawal inside an atomic transaction on deposit balance. This is 101 type stuff - how is this garbage getting to HN?
Re: Russia issues threat to GPS satellites
#6one of the largest threats from GPS getting taken out is that banks, stock exchanges[0], and even ATMs rely on GPS for timing signals. If GPS is taken out, these could stop working dealing immediate damage to the economy. [0] https://qz.com/1106064/the-entire-global-financial-system-de...
Think about how credit cards used to be “swiped”[1] it was a literal carbon copy of the card. These machines are still distributed and occasionally still used when a network is down. The exact time of the transaction isn’t necessary because the cardholder or account agreement contains language to address overdrafts in these situations.
[1]https://www.mobiletransaction.org/how-to-accept-credit-card-...
Re: Russia issues threat to GPS satellites
#7Re: Russia issues threat to GPS satellites
#8one of the largest threats from GPS getting taken out is that banks, stock exchanges[0], and even ATMs rely on GPS for timing signals. If GPS is taken out, these could stop working dealing immediate damage to the economy. [0] https://qz.com/1106064/the-entire-global-financial-system-de...
What a load of absolute garbage. Banking has some of the slowest to migrate MAINFRAME workloads. These keep track of things in order, atomic transactions, synchronous writes to HA solutions. "When you pull cash from an ATM or swipe your card at the coffee shop, the machine needs to determine the precise time that the transaction occurs to, for example, prevent it from being over-drawn." Absolutely and completely fals…
huh? what do you mean? I'm pretty sure comments can say w/e nonsense the user wants ... as long as it doesn't break rules.
Re: Russia issues threat to GPS satellites
#9https://web.archive.org/web/20211130032002/https://www.gpswo...
Re: Russia issues threat to GPS satellites
#10one of the largest threats from GPS getting taken out is that banks, stock exchanges[0], and even ATMs rely on GPS for timing signals. If GPS is taken out, these could stop working dealing immediate damage to the economy. [0] https://qz.com/1106064/the-entire-global-financial-system-de...