A June report by Trail of Bits and commissioned by DARPA, "Are Blockchains Decentralized? Unintended Centralities in Distributed Ledgers" had concerning findings of the state of the blockchain. Trail of Bits is a cybersecurity research and consulting firm that regularly works with companies such as Facebook and organizations such as DARPA.
This week, we're going over the findings of the report, and the implications for investors in crypto.
Read the report: https://assets-global.website-files.com/5fd11235b3950c2c1a3b6df4/62af6c641a672b3329b9a480_Unintended_Centralities_in_Distributed_Ledgers.pdf
Today, We Discuss:
4:33 - 4:57(3:09 - 3:35) Vulnerability in blockchain software
5:45 - 6:11(3:23 - 3:49) Nakamoto coefficient for cryptocurrencies
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