in , , ,

BSV Blacklist Manager Presents “Horrific Backdoor” for Blockchains

BSV Blacklist Manager Presents “Horrific Backdoor” for Blockchains thumbnail

http://fullycrypto.com/

By

5 hours agoTue Oct 11 2022 09:19:18

BSV-Blacklist-Manager-Presents-“Horrific-Backdoor”-for-Blockchains

Reading Time: 3 minutes

  • The new Blacklist Manager tool created by BSV is a “horrific backdoor” according to one blockchain expert
  • Bob Summerwill, Executive Director at Ethereum Classic Cooperative, says that the tool has one initial purpose – to enrich Craig Wright
  • The tool, which can freeze and reassign coins on a blockchain, could be a threat to all blockchains

The new BSV Blacklist Manager, which allows miners to freeze and reassign coins on its blockchain, represents a “horrific backdoor”, according to one observer. Bob Summerwill, Executive Director at Ethereum Classic Cooperative, has warned that the creation of a tool that can impact a ledger at such an integral level “puts all blockchain projects and their developers at

CONTINUE READING >>

What do you think?

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

    Darling Crypto: Shiba Inu Reclaims Top Spot As ETH Whales' Favorite | Bitcoinist.com thumbnail

    Darling Crypto: Shiba Inu Reclaims Top Spot As ETH Whales’ Favorite | Bitcoinist.com

    Breaking: Google taps Coinbase to bring crypto payments to cloud services thumbnail

    Breaking: Google taps Coinbase to bring crypto payments to cloud services