Immutable, reliable, secure – A brief history of blockchain security

egodigitus

Believes in Cryptoanarchy & hopes for the upcoming Age of digital Enlightment. Involved in the Blockchain Community & Cryptoeconomics. Research topics focused on Blockchain Applications regarding Security aspects.

Blockchain technology is marketed as the Web 3.0 and because of it’s distributed structure it wipes out single points of failure. But does that mean there are no points of failures at all? Let’s look at some important blockchain hacks / failures from the tech perspective.

[Remark: This is not about $$$ Bitcoin hacks, where lousy DB implementations, web applications, key handling or simply social engineering let to hacked bitcoin exchanges or wallets.] Continue reading “Immutable, reliable, secure – A brief history of blockchain security”