Reply to post: obvious

DARPA study challenges assumptions about distributed ledger (and Bitcoin) security



this technology is designed as computer democracy ... 51% of a unknown subset of the nodes in the network.....

.... might be 1 (one) single person or organisation behind these nodes .... who knows.... there is no trustworthy registry of computer owners... :-)

thus, any malicious player (all state actors, therefore, plus Bezos, Musk et all .... ) with deep pockets can control bitcoin and < ... your fav crypto coin(s) ....>

and of course, (malignant ) version of the software ... unknown

it simply will not work for any real world scenario where trust is crucial.


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