Arguably, the most interesting feature of the Bitcoin system is the way in which Bitcoin payments are processed. To make it clear why payments must be processed at all and how Bitcoin processes payments differently, I’ll look at processing payments with cash and banks before turning to bitcoin. Think about a cash transaction. Cash transactions […]
Cryptocurrency is an item intended for use as a commonly accepted medium of exchange that exists in the digital world and relies on encryption to make transactions secure.
Whether it’s protecting your banking information from potential hackers or making sure some nefarious government agent doesn’t intercept sensitive data, there are a ton of reasons to use basic encryption technologies for your communications.
Encryption was at the heart of the ideas that led to the America’s founding.
The messaging service WhatsApp has run into problems with the Brazilian government for failing to turn over data relating to a criminal investigation. With over one billion users, the wildly popular app features a major benefit that many governments disapprove of: it encrypts all messages sent through the app. This is only the most recent […]
You might have heard some news stories about how the FBI wants Apple’s help to get into the iPhone of one of the San Bernardino shooters. But what’s the big deal with this story, anyway? What’s going on The FBI has asked for Apple’s help to break into a locked iPhone which belongs to one […]
This post originally appeared on FEE.org on July 8th, 2015. Below is an excerpt. In the early days, the Internet was thoroughly insecure; its governmental and academic users trusted each other, and the occasional student prank couldn’t cause much damage. As it started becoming available to everyone in the early ‘90s, people saw the huge […]