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>> BITCOIN Latest News

FEB 07, 2016 - Forbes

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Double Your Money? Looming 'Hard Fork' Uncovers Fatal Bitcoin Flaw

The ‘double your money’ hard fork flaw in the Bitcoin system potentially gives anyone the ability to ‘print their own money.’ And even though that potential may never actually be realized, simply the fact that it is possible should disqualify Bitcoin from being treated as a serious cybercurrency contender.

Tags: Double Your Money? Looming 'Hard Fork' Uncovers Fatal Bitcoin Flaw,  Bitcoin Latest News

FEB 07, 2016 - TechRadar

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The internet is broken – could crowdsourcing be the solution?

Introduction and goodbye serversThe internet is not fit for purpose. If it was designed today from nothing, would it use the client-server model? Absolutely not. There have been far too many personal and sensitive online records stolen (1.1 billion in 2014 alone) for anyone to give the internet an architecture as vulnerable as the one it's saddled with. So why ...

Tags: The internet is broken – could crowdsourcing be the solution?,  Bitcoin Latest News

FEB 07, 2016 - Business Insider

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New York's itBit is trying to bring the tech behind bitcoin to Wall Street — here's why

The world of finance is going nuts for blockchain, the technology first invented to underpin bitcoin. Blockchain uses decentralized record keeping and the scrutiny of the "crowd" to allow people to trade bitcoin over a public network without working through a trusted middle man like a bank or clearing house. Complex cryptography keeps the records from being tampered with once ...

Tags: New York's itBit is trying to bring the tech behind bitcoin to Wall Street — here's why,  Bitcoin Latest News

FEB 07, 2016 - Business Insider

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Bitcoin's tech could solve a big problem we had in the 2008 crash

Go anywhere near the upper echelons of a bank or finance firm right now and there's one buzzword you'll hear over and over again — blockchain. First invented to underpin bitcoin, blockchain technology uses decentralized record keeping and the scrutiny of the "crowd" to allow people to trade bitcoin on a public network without working through a trusted middle man ...

Tags: Bitcoin's tech could solve a big problem we had in the 2008 crash,  Bitcoin Latest News

FEB 06, 2016 - Business Insider

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Banks are going nuts for the tech behind bitcoin — but it will take 10 years to actually be adopted

Blockchain database technology, which underpins digital cryptocurrencies such as Bitcoin, has got finance industry executives very excited. But they may have to cool their jets according to consultant Oliver Wyman and post-trade service provider Euroclear. The companies jointly released a report on blockchain, declaring that "it is likely to take more than ten years to overhaul core parts of the system" ...

Tags: Banks are going nuts for the tech behind bitcoin — but it will take 10 years to actually be adopted,  Bitcoin Latest News