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Bitcoin flaw could threaten booming virtual currency

Posted on 07 November 2013

Bitcoin contains a hitherto unnoticed flaw which threatens to upset the balance of the $1.5 billion economy built on the virtual currency.
Ittay Eyal and Emin Gun Sirer, of Cornell University in New York have discovered the “devastating” potential for Bitcoin “mining” – the process by which Bitcoins are generated – to be manipulated……………………………………….Full Article: Source


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