Researchers investigate how conflicting interests threaten to negatively impact the Bitcoin ecosystem

Bitcoin, a peer-to peer online payment system that was conceived in 2008, has experienced considerable growth in popularity and has increasingly been adopted as a viable payment scheme in mainstream electronic commerce. However, according to researchers, the decentralized and quasi-anonymous nature of Bitcoin renders it vulnerable to self-interested parties that seek to exploit the system.



from Phys.org: Internet News http://ift.tt/1HUmDKG

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