Computer Scientist Drops Bombshell: Bitcoin Could Fall To Nation-State Attacks

According to comments from longtime researcher and computer scientist Nick Szabo, Bitcoin and other cryptocurrencies are trust-minimized, not trustless, and that difference matters for how states a...

By · · 1 min read
Computer Scientist Drops Bombshell: Bitcoin Could Fall To Nation-State Attacks

Source: Bitcoinist.com

According to comments from longtime researcher and computer scientist Nick Szabo, Bitcoin and other cryptocurrencies are trust-minimized, not trustless, and that difference matters for how states and private actors can push back. Related Reading: Crypto Over Dollars: Belarus Makes Mining A National Priority Szabo warned that while the layer one of a strong trust-minimized system […]