Quote:
Originally Posted by ilnjscb
This is why bitcoin is a 1.0 currency. Time for 2.0. There must be some visibility so hacks aren't possible on this scale.
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Bitcoin was designed to be decentralized, but exchanges and mining pools have re-centralized it. Rather than everyone being responsible for their own funds, much of the BTC in circulation is held by third parties. The exchanges must be constantly hammered by probes and attacks.