Bitcoin & Gresham's Law - the economic inevitability of Collapse

editor score
Editor Score:
75
editor score
Quality:
60
editor score
Usability:
55
editor score
Reliability:
65
Asset Type
License
Free
Expiration
Sunday, August 11, 2024
Geography
map
North America Central America South America Oceania Scandinavia Europe Africa Middle East Asia
Publication year
2011
Industry
IT

The stability of bitcoin mining is challenged greatly if botnets, clustered computers that are hacked and forced to mine at a power-cost of zero threaten the livelihood of honest bitcoin miners. This has the potential to destabilize the bitcoin economy in the longterm.

Yegii expert:
Author:
Philipp Güring, Ian Grigg
Time horizon:
2-5 Years
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