On August 1st Bitcoin was split into Bitcoin (BTC) and the clonecoin Bitcoin Cash (BCH). The means of this split was both a source code “hard fork,” creating an incompatible and independent crypto currency, in conjunction with a clone of the entire blockchain. Everyone who had bitcoins (BTC) before the fork has the same number of coins in bitcoin cash (BCH). In this article, I’ll explain the security and risks related to this split by discussing the motives, technical differences, and the consequences to the eco-system.
Would you feel comfortable hiring a hacker? Caroline Wong, CISSP and VP of Security Strategy at Cobalt, discusses the benefits and risks to using the power of the people – crowdsourced application security programs – at this OWASP AppSec session.