Canada Central Bank: Bitcoin Safe From 51% Attack, Double Spending

Canada’s Central Bank (BOC) released a working paper this month, Incentive Compatibility on the Blockchain. In it, BOC seems to argue the world’s most popular cryptocurrency, Bitcoin, is safe from a 51% attack, double spend scenario through the right incentive structure and proof of work (POW). Also read: Coinbase Flexes Muscle, Creates Political Action Committee […]

Canada Central Bank: Bitcoin Safe From 51% Attack, Double Spending was originally published to: https://www.justbitcoinnews.com/

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