Bitcoin Claim Ripples Through Virtual Currency World

M

Mihir :-)

Thread author
The world of virtual currencies was stunned Monday when Australian entrepreneur Craig Wright claimed to be the creator of the Bitcoin.

The shockwaves were clear as cypto-currency specialists gathered in New York for a conference on the blockchain technology behind Bitcoin and similar virtual forms of money.

"It's nicer if we keep the myth," said Dirk Avau, founder and chief executive of the financial tech firm Intellect Technologies, at the Consensus 2016 conference.

"If the myth now is broken, it's unfortunate. It was a wonderful story about an inventor who managed to change the world."

Wright was named by three media outlets -- the BBC, The Economist and GQ magazine -- and posted a blog on his website claiming credit for creating Bitcoin, a digital currency created by supercomputers and then traded online or exchanged for goods and services by a peer-to-peer network of computers.

Little biographical detail is known about Wright, who describes himself as a cyber-security expert and was born in Brisbane but, according to The Economist, has now moved to London.

Read More:Bitcoin Claim Ripples Through Virtual Currency World | SecurityWeek.Com
 

About us

  • MalwareTips is a community-driven platform providing the latest information and resources on malware and cyber threats. Our team of experienced professionals and passionate volunteers work to keep the internet safe and secure. We provide accurate, up-to-date information and strive to build a strong and supportive community dedicated to cybersecurity.

User Menu

Follow us

Follow us on Facebook or Twitter to know first about the latest cybersecurity incidents and malware threats.

Top