bitcoin

The biggest threat to blockchain based cryptocurrencies is its massive adoption

Posted on: Thu, 04/25/2019 - 09:15 By: Pierre Jean Duvivier

There is a paradox you need to know about blockchain based cryptocurrencies: the size of the blockchain itself is a big threat.

All transaction(s) are stored in a single file. It's the case for the majority of known Cryptocurrencies like BitCoin where the blockchain is about to reach 250 GB now :

People using BTC (Bitcoin) can be localized and their IP address revealed

Posted on: Thu, 04/11/2019 - 10:45 By: Pierre Jean Duvivier

Bitcoin is a digital currency and electronic payment system operating over a peer-to-peer network on the Internet. One of its most important properties is, theoretically, the high level of anonymity it provides for its users. A lot of people think that.

The only problem is it's possible for any people knowing mathematics and with enough funds to spend to set up live servers to localize BTC address and reveal the IP and the Geolocalization.

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