What's Lurking in the Bitcoin Blockchain? by Brent Whitfield


The bitcoin blockchain has been hacked. But don't worry, there's no danger to the currency itself (at least, there doesn't seem to be at this stage). In fact, 'hacking' may be a bit melodramatic as what has been happening is a bit more akin to digital graffiti. Let me explain. The first person to make their mark on the Bitcoin blockchain was Satoshi Nakamoto, the name used by the cryptocurrencies founder (or founders). In a seemingly political statement, Nakamoto encoded a news headline in the Coinbase data field within the very first (or 'genesis') block. It simply read, “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.' The beauty of the blockchain is that, if you don't believe me, you can go and look it up on Blockchain or something similar and read it in black and white. Four More Ways to Create a Permanent Message on the....

June 1, 2018
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