Tech News March 24, 2014

  • Academics Spy Weaknesses in Bitcoin’s Foundations

    Game theory suggests the rules governing Bitcoin may need to be updated if the currency is to endure.

    One thing cannot be disputed about the person (or persons) responsible for creating Bitcoin: they were skilled in math, and expert at coding. Five years after the Bitcoin software was first released, no major fixes have been needed to the core code, which uses cryptography to generate and transfer virtual money.

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