Thursday, 1 March 2012

Cyber Currency

2 March 2012, BitCoin had 1500 BTC robbed from a third party site having its Bit coin generator open. Previously the currency was thought to be mathematically secure. But not it seems safe from
having generating site hacked. BitCoin had promised to be a new world currency, that of a free
extra government internet. Although there was no legal force to force replayments of debt, and no
government to control BitCoin except the BitCoin group itself, the mathematics of algorithm was thought to be enough to secure the currency.