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The Bank of Canada (BoC) has published a study on the “incentive compatibility” of blockchain technology this week, finding that double spending is an “unrealistic” outcome. The new BoC study focuses on a proof-of-work (PoW) protocol for blockchain technology, modelling the behaviors of a “honest miner” and a “dishonest miner.” The Canadian bank’s researchers modelled […] Post source: Bank of Canada Study Finds Double Spending in Blockchain is ‘Unrealistic’ More Bitcoin News and Cryptocurrency N [READ MORE]

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