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BTC $63,141.68 -0.02%
ETH $1,884.48 +0.41%
BNB $606.61 -0.13%
XRP $1.00 -0.27%
SOL $75.56 -0.29%
TRX $0.3321 -0.48%
DOGE $0.0699 +0.16%
ADA $0.1804 -0.74%
BCH $203.78 -1.11%
LINK $8.93 +1.93%
HYPE $55.94 -2.93%
AAVE $86.72 -0.72%
SUI $0.6782 -0.86%
XLM $0.1600 +0.71%
ZEC $491.86 +1.08%

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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