See Also

2013 Bitcoin and Altcoin Hacks [Part 5]
This article is part of our complete guide to Bitcoin and altcoin hacks. Here we cover Bitcoin and altcoin security incidents from the year 2013. Dogewallet Such hack. Many coin. Very disappear. Christmas of 2013 wasn’t a good time for Dogecoin investors. The recently created half-joke-half-serious cryptocurrency had just suffered its first major heist. Although […] 2012 Bitcoin and Altcoin Hacks [Part 4]
This article is part of our complete guide to Bitcoin and altcoin hacks. Here we cover Bitcoin and altcoin security incidents from the year 2012. Bitcoinica / Linode Hack Bitcoinica was hacked twice in 2012, which led them to shut down shortly after the 2nd heist. In March 2012 Bitcoinica reported that 18,547 BTC had […] Proof of Location (PoL) Summary [Cryptocurrency consensus mechanisms]
In a Proof of Location consensus algorithm, users’ geospatial coordinates are accounted for as proof of value. This kind of algorithm is usually employed in cryptocurrency geomining systems. In a geomining application, users earn rewards for being at a certain place at a certain time. If, for example, a company wished to gather participants for […] Opinion: Decentralized blockchains can only survive having a valuable token, like Bitcoin, attached to them [Feb 2018]
We’ve heard this time and again, especially from folks in the financial sector: “blockchain is here to stay, Bitcoin not so much”. Is this really so? We disagree, and in this article we discuss the origins of Bitcoin and how the problem it solved only makes sense when there’s a reward for participants to join […]