Website: https://www.itbusinessedge.com
Rank: 1039 / 1275
2 selected articles
Bitcoin’s Security Challenges - IT Business Edge
Pause
Loading...
According to Lozhkin, the main threat surrounding Bitcoins is theft. Cyber criminals can steal Bitcoins by using malware to target Bitcoin wallets stored on a machine that's connected to the Internet. They can also hack into Bitcoin exchanges and other third-party platforms, which are lucrative, high-value targets with mostly unproven security track records.
The biggest concerns...
Related topics : bitcoin peering electronic payment system / using bitcoin for currency exchange / bitcoin currency exchange / who started the bitcoin payment system / electronic currency bitcoin
Bitcoin’s Security Challenges - IT Business Edge
Loading...
Click through for a closer look at Bitcoin and its associated security challenges.
The crypto-currency known as Bitcoin was first introduced in 2009 in a paper published by Satoshi Nakamoto. As Kaspersky Lab described the e-currency:
Named "Bitcoin: A Peer-to-Peer Electronic Cash System," the paper defined the foundations for a distributed, de-centralized financial payment system, with no transaction fees. The Bitcoin system was implemented and people started using it. What kind of people? In the beginning, they were mostly hobbyists and...
Related topics : bitcoin peering electronic payment system / who started the bitcoin payment system / using bitcoin for currency exchange / electronic currency bitcoin / bitcoin currency exchange
2 Resources