Auradine CEO: The Decentralization of Bitcoin Concerns National Security

2024-10-05 08:25:13

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ChainCatcher news, Rajiv Khemani, co-founder and CEO of Bitcoin mining chip manufacturer Auradine, stated that the decentralization of the entire Bitcoin stack is a matter of national security.

The CEO explained that third-party firmware (which can be updated and changed over time) could theoretically be used to compromise the power grid or launch a 51% attack on the Bitcoin network.

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