The Bitcoin SoftWar begins as Lowery highlights veteran's PoW security solution making hacks unprofitable

Mike Sires, a military veteran from Dublin, Ohio, has developed AuthLN, a proof-of-work authentication protocol that aims to reduce cybercrime by introducing a financial cost to unauthorized login attempts. Drawing on his experience with Bitcoin and inspiration from Jason Lowery's “Softwar” thesis, Sires seeks to make cyberattacks unprofitable by leveraging the Bitcoin Lightning Network.

Source: cryptoslate.com

Related symbols: BTCUSD

2024-09-19 08:42:02 GMT.