The term is botnet bitcoin reddit used with a negative or malicious connotation. Botnet architecture has evolved over time in an effort to evade detection and disruption.
Many recent botnets now rely on existing peer-to-peer networks to communicate. Typically, these botnets operate through Internet Relay Chat networks, domains, or websites. Clients execute the commands and report their results back to the bot herder. C by the bot herder.
Each client retrieves the commands and executes them. Clients send messages back to the IRC channel with the results of their actions. In response to efforts to detect and decapitate IRC botnets, bot herders have begun deploying malware on peer-to-peer networks. These bots may use digital signatures so that only someone with access to the private key can control the botnet.
Newer botnets fully operate over P2P networks. This avoids having any single point of failure, which is an issue for centralized botnets. In order to find other infected machines, the bot discreetly probes random IP addresses until it contacts another infected machine. The contacted bot replies with information such as its software version and list of known bots. If one of the bots’ version is lower than the other, they will initiate a file transfer to update. This way, each bot grows its list of infected machines and updates itself by periodically communicating to all known bots.