The story to how bitcoin was compromised

The story to how bitcoin was compromised
ôîòî ïîêàçàíî ñ : bitcoints.com

2018-7-29 03:02

Also Read: Poor Communication Undermines the Bitcoin Ecosystem
The Infiltration and Subversion of Bitcoin
It is true the technology that allows bitcoin to function—the blockchain—is antifragile and resilient, but it still has an Achilles tendon.
The Bitcoin whitepaper The attackers infiltrated the community and compromised bitcoin to alter the cryptocurrency’s original purpose.
A Hegemony of Developers and Bitcoin Crash of 2017
It should now be clear how bitcoin was compromised.
Even though the first iteration of bitcoin was practically co-opted, it was born again in the form of bitcoin cash.
The community redeemed itself with upgrading the bitcoin protocol by implementing a hard fork and creating bitcoin cash.

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bitcoin compromised resilient achilles still whitepaper cryptocurrency

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Ôîòî:

PoWx Seeks to Change Bitcoin Mining with “Optical PoW”

Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining.

2018-7-14 01:04


Ôîòî:

EOS Decentralization Questioned as Block Producers Freeze Accounts

On June 17, 2018, the 21 block producers or nodes that run the EOS network chose to freeze seven accounts that were allegedly stolen from EOS community members. According to reports, all 21 block producers unanimously decided to freeze the compromised assets but the decision was met with controversy from the EOS community, and possibly […] The post EOS Decentralization Questioned as Block Producers Freeze Accounts appeared first on Bitcoin News.

2018-6-20 18:40


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