12 Apr '13, 2pm

I Tried Hacking Bitcoin And I Failed

But the power of the masses is only shrinking. BitCoin made a technical choice during its initial design that allowed some people to do far more work than others, simply by having a graphical accelerator or even by designing custom hardware. This is the precise capability that large financial actors and nation states have above and beyond the private sector’s capacity to produce, and it’s not obvious that even the BitCoin developers have the political ability to override a technical choice that would also harm the technology’s largest (public) players.

Full article: http://www.businessinsider.com/dan-kaminsky-highlights-fl...

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