Securing Bitcoin Wallets from 51% Attack Threats

Tips and Techniques

S J Matthews

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Paperback

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English

PN Books
19 May 2023

Coding theory & cryptology; Finance; Distributed databases; Data encryption

Series: Defending Bitcoin: A Comprehensive Guide to 51% Attack Prevention

Summary
Details

"Bitcoin is one of the most valuable and widely used cryptocurrencies in the world. But, like any other currency, it is not immune to attacks. One of the most significant threats to the security of Bitcoin wallets is the 51% attack, which can have disastrous consequences for holders of the cryptocurrency.

If you're investing in Bitcoin, it's crucial to understand the risks and how to mitigate them. That's where ""Securing Bitcoin Wallets from 51% Attack Threats: Tips and Techniques"" comes in. This book is a comprehensive guide to the legal, regulatory, and technological measures that can be taken to prevent 51% attacks and protect your Bitcoin holdings.

In the first chapter, ""Jurisdictional Responses to 51% Attacks,"" the book explores how different countries are responding to the threat of 51% attacks, and what legal frameworks are in place to prevent them. Chapter two, ""Legal Liability for 51% Attacks,"" delves into the potential legal repercussions for individuals or entities responsible for a 51% attack, while chapter three, ""Regulatory Measures for Preventing 51% Attacks,"" examines the various regulatory measures that can be implemented to reduce the risk of such attacks.

But legal and regulatory measures alone are not enough to prevent 51% attacks. The book also explores the technological measures that can be taken to secure Bitcoin wallets. In chapter four, ""Preventing 51% Attacks through Technology,"" readers will learn about the various tools and techniques that can be used to protect against 51% attacks.

International cooperation is also essential in preventing 51% attacks. Chapter five, ""International Cooperation in Preventing 51% Attacks,"" discusses the importance of collaboration among stakeholders, such as governments, industry leaders, and the Bitcoin community, to mitigate the risks of 51% attacks.

In chapter six, ""Ethics and Governance in Blockchain Security,"" the book examines the ethical and governance issues surrounding blockchain security, including the role of ethics and governance in preventing 51% attacks. Finally, in chapter seven, ""Future Directions for Legal and Regulatory Frameworks,"" the book explores emerging technologies and approaches that may be used in the future to prevent 51% attacks, as well as the potential challenges and opportunities for legal and regulatory frameworks.

If you're investing in Bitcoin or interested in cryptocurrency, ""Securing Bitcoin Wallets from 51% Attack Threats: Tips and Techniques"" is an essential read. It provides a comprehensive understanding of the risks associated with 51% attacks, and the measures that can be taken to protect your investments. Don't leave your Bitcoin wallet vulnerable to attack - get this book and stay ahead of the curve!"

By: S J Matthews
Imprint: PN Books
Volume: 4
Dimensions: Height: 229mm, Width: 152mm, Spine: 6mm
Weight: 154g
ISBN: 9784655411350
ISBN 10: 465541135X
Series: Defending Bitcoin: A Comprehensive Guide to 51% Attack Prevention
Pages: 106
Publication Date: 19 May 2023
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Active