Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Jamesokoro on January 26, 2018, 05:10:21 AM



Title: How to make cryptocurrencies less volatile?
Post by: Jamesokoro on January 26, 2018, 05:10:21 AM
Bitcoin is notoriously easy to steal – just a string of alphanumeric characters (encoding the private RSA key) gives an individual complete control over the account attached to that key. Those strings are very easy to steal, and stolen they have been – many times, involving sums in the hundreds of millions of pounds at the current exchange rates. The situation got so bad that bitcoin exchanges had to put special measures in place to prevent their own staff from stealing their bitcoins. This project will examine possible ways of making cryptocurrencies harder to steal.