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Cryptocurrency tech is vulnerable to tampering, a DARPA analysis finds

Cryptocurrency tech is vulnerable to tampering, a DARPA analysis finds



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8 Comments

  1. We got crypto! We got blockchain! We got opportunities for tampering with the record of who owns what!

    Did you know “60% of Bitcoin traffic is handled by just three internet service providers”?

    Are you aware “By slowing down or stopping legitimate blockchain traffic, an attacker could become the “majority” voice in the consensus of what’s written to a blockchain at that moment”? “They can rewrite history. They can censor transactions”!

    “this research was commissioned by a government agency.” The NPR house-organ of the Deep State reports.

    I’m not shocked.

  2. Man I gotta respect DARPA so I gave it a read. Yeah these are legit concerns. Especially the 21% of vulnerabe devices out there.

    I’m unsure how someone can grab a whole ISP, but theoretically they could collude and we know damn well isps have no shame in stealing our money. Not just in bogus fees/limits but I’m talking about how isps and telecoms pockets grants and shit.

    I’m still sticking with BTC for the foreseeable future, but this was an insightful read.

  3. Seems to me they raise legit concerns, as some (pro Bitcoin) in the article acknowledge. The concerns relating to Bitcoin ought be addressed (refuted or fixed) at some time. So thank you DARPA for doing this work and letting us know the results.

  4. tldr; A report commissioned by the Defense Advanced Research Projects Agency says the decentralized cryptocurrency system might not be working as well as many crypto enthusiasts assume. “It’s been taken for granted that the blockchain is immutable and decentralized, because the community says so,” the report’s CEO says. An attacker could become the “majority” voice in the consensus of what’s written to a blockchain at that moment.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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