Whether the costs go up or down, the real magic for many cryptocurrency traders is that there is no one person bearing the costs.
As the gang sang at the recent Bitcoin 2022 convention in Miami, it’s all about “freedom!” The system is designed to be protected from interference by banks, companies and governments.
However, a new report notes that the decentralized system may not work, and many crypto fans assume so.
The report was commissioned by Protection Superior Analysis Tasks Company (DARPA) and the work was performed by software program security analysis company Trail of Bits.
Dan Guido, CEO of Path of Bits, says blockchain – the general public ledgers that contain cryptocurrencies that are based on…