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ZEC $1,155.85 -1.17%
BTC $78,831.83 -1.11%
ETH $2,472.42 -0.35%
BNB $736.66 -1.18%
XRP $1.38 -1.90%
SOL $103.29 -2.32%
TRX $0.3338 -0.41%
DOGE $0.0889 +0.16%
ADA $0.2175 +0.08%
BCH $259.42 +1.69%
LINK $12.89 +5.50%
HYPE $85.17 -3.68%
AAVE $130.88 -1.91%
SUI $0.8053 +1.87%
XLM $0.1885 +2.59%
ZEC $1,155.85 -1.17%

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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