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ZEC $1,158.78 +0.37%
BTC $79,057.06 -0.60%
ETH $2,482.73 +0.22%
BNB $742.17 -0.07%
XRP $1.39 -0.92%
SOL $104.42 -0.94%
TRX $0.3346 -0.15%
DOGE $0.0901 +2.00%
ADA $0.2207 +1.77%
BCH $260.99 +2.33%
LINK $13.00 +7.01%
HYPE $86.23 -3.18%
AAVE $132.43 -1.02%
SUI $0.8225 +4.46%
XLM $0.1910 +4.28%
ZEC $1,158.78 +0.37%

Auradine CEO: The Decentralization of Bitcoin Concerns National Security

2024-10-05 08:25:13

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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