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Bitcoin => Press => Topic started by: tyz on December 27, 2015, 06:31:24 PM



Title: [2015-12-27] Protocol Level Flaw with Card Payments Makes Bitcoin Seem a Lot ...
Post by: tyz on December 27, 2015, 06:31:24 PM
Protocol Level Flaw with Card Payments Makes Bitcoin Seem a Lot Safer

Here is a reality check for all the Bitcoin naysayers, the most widely used conventional electronic payment system – credit/debit cards are not really as secure as we had earlier thought. A serious protocol level flaw exposed by a couple of German security experts bares it all. It is not just the security flaw one has to be concerned about, but also the banks’ apathy towards fixing it!

http://www.newsbtc.com/2015/12/27/card-protocol-flaw-bitcoin-safer/