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Rescooped by David Stapleton from "Cryptocurrency"
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Blockchain: A multi-functional 'Swiss Army knife' for cyber-security

Blockchain: A multi-functional 'Swiss Army knife' for cyber-security | wealth business & social media | Scoop.it
Blockchain is known for powering cryptocurrencies, but developers are finding many other innovative uses for crypto-secure transactions, write Adam Palmer and Michael Palage., Security

Via Bitcoin Nerd
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Rescooped by David Stapleton from Bitcoin, Blockchain & Cryptocurrency News
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Why Corporations Love Ethereum

Why Corporations Love Ethereum | wealth business & social media | Scoop.it
Ethereum, the world's second most valuable cryptocurrency network after Bitcoin, recently fell victim to a sophisticated hack within one of its thir

Via Jan Miranda
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Jan Miranda's curator insight, July 7, 2016 11:50 PM
Why Corporations Love Ethereum.

Ethereum is a year old in the marketplace, and has already briefly flirted with a US $1.5 billion market valuation. Despite this crazy vote of confidence from the crypto market, the technology is still new. Bitcoin had many problems in its first couple years that required correction or tweaking; Bitcoin came into existence more than 7 years ago in January 2009. 

To a user who posted about Ethereum possibly being “over-engineered,” or too complex, Buterin popped in to offer his thoughts: “iPhones are incredibly over-engineered below the surface. It often takes a lot of complexity at the bottom and at middle layers in order to make the top look clean and shiny (though ethereum’s philosophy is certainly to favor complexity in the middle over complexity at the bottom wherever possible for consensus/security reasons).”