Edward Snowden says gamers could be vulnerable to exploitation using NFTs
"I think the community should very much be trying to bend the arc of development away from injecting artificial, unnecessary scarcity entirely for the benefit of some investor class," said Edward Snowden. National Security Agency whistleblower Edward Snowden said he was concerned with how some privileged individuals or firms in the digital space might be able to use nonfungible tokens, or NFTs, in the gaming industry.Speaking with Ethereum co-founder Gavin Wood at the BlockDown DeData online conference on Friday, Snowden said though he had seen some use cases for nonfungible tokens to....
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The whistleblower and former Central Intelligence Agency (CIA) employee and subcontractor Edward Snowden has revealed he is stepping into the world of non-fungible token (NFT) assets. Moreover, 100% of the NFT sale proceeds will be donated to the Freedom of the Press Foundation. American Whistleblower Edward Snowden Mints an NFT Edward Snowden is a well known whistleblower who leaked highly classified information from the National Security Agency (NSA) back in 2013. Snowden is a privacy advocate and has explained that he is positive about digital currencies like bitcoin (BTC) in the past.....
In an interview at The Internet Engineering Task Force 93, former CIA employee and NSA contractor Edward Snowden spoke about privacy and security. Interestingly, Snowden focused his talk on Bitcoin and its flaws and weaknesses. Snowden began by briefly introducing the 51% attack concept, and stated that the Bitcoin network could be vulnerable to attacks and manipulation if “a pool has over 50% of the computing power to demonstrate adequate proof of work to add entries to the blockchain ledger.” Snowden commented, “Obviously, Bitcoin by itself is flawed. The protocol has a lot of weaknesses....
Former NSA contractor and alleged information leak Edward Snowden recently shared his thoughts on the cryptocurrency bitcoin and its flaws. Although he pointed out the disadvantages of the network, he also had some positive remarks as well. For one, Snowden mentioned that "the protocol has a lot of weaknesses and transaction sides and a lot of weaknesses that structurally make it vulnerable to people who are trying to own 50 percent of the network and so on and so forth." Snowden Comments on Bitcoin. "But when we think about the basic principles behind it, there are some very interesting....
The infamous whistleblower and privacy activist Edward Snowden commented on bitcoin on Friday, after the Biden administration said this week it was shooting for 6 trillion dollars in stimulus proposals. Snowden Sees Stimulus Has A Good Boost For Biitcoin Edward Snowden, a 37-year-old former computer intelligence consultant for the National Security Agency (NSA) and contractor […]
The infamous whistleblower and privacy activist Edward Snowden commented on bitcoin on Friday, after the Biden administration said this week it was shooting for 6 trillion dollars in stimulus proposals. Following the $6 trillion in stimulus headlines, Snowden commented on the situation and said it was “good for bitcoin.” Edward Snowden Jabs Biden’s 6 Trillion-Dollar Covid Relief Proposal, Says It’s ‘Good for Bitcoin’ The 37-year old former computer intelligence consultant for the National Security Agency (NSA) and contractor for the Central Intelligence....