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Author Topic: Central bank of Canada - Some Economics of Private Digital Currency  (Read 769 times)
knight22 (OP)
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November 14, 2013, 05:45:00 PM
 #1

They just submitted this

http://www.bankofcanada.ca/wp-content/uploads/2013/11/wp2013-38.pdf

Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Gordon_Freeman
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November 14, 2013, 05:54:35 PM
 #2

"In our analysis, however, we have not considered Bitcoin, which is a fully convertible, pure
digital currency not associated with a given platform"

This report deals more with in-house digital currencies like Facebook dollars and Second Life points (or whatever).

Bitcoin is completely different, there is nothing else like it.
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