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by betterunix
4556 days ago
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In other words, the security is poorly defined and based on the honest parties devoting at least as much energy to defending the system as the attacker devotes to attacking it. What I want to know is this: What does Bitcoin have to do with this? You can have peer to peer, anonymous, encrypted messaging without any of the nonsense that Bitcoin entails. |
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http://arxiv.org/abs/1312.7152