Once purely theoretical, “majority” or “51%” attacks on public blockchains have dealt participants a reality check: The fundamental assumption of Satoshi Nakamoto’s 2008 Bitcoin whitepaper (that computing power will remain...more
2/13/2020
/ ASIC ,
Bitcoin ,
Blockchain ,
Cryptocurrency ,
Cybersecurity ,
Digital Assets ,
Ethereum ,
Hackers ,
Popular ,
Smart Contracts ,
Trading Platforms
The recent Parity wallet “freeze” provides yet another example of a coding vulnerability in a smart contract (rather than a flaw in the underlying blockchain or cryptography) resulting in an exploit that compromises...more
2/26/2018
/ Blockchain ,
Browsewrap Agreement ,
Clickwrap Agreements ,
Cryptocurrency ,
Cybersecurity ,
Distributed Ledger Technology (DLT) ,
Ethereum ,
Financial Institutions ,
Initial Coin Offering (ICOs) ,
Internet of Things ,
Popular ,
Smart Contracts ,
Software Developers ,
Strict Product Liability ,
Third-Party