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DDoSCoin rewards attackers with a cryptocurrency for blasting a website. In this paper, we present DDoSCoin, which is a cryptocurrency with a malicious proof-of-work, the researchers, Eric Wustrow.
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The worth of Bitcoins, if the system ever gets wide adoption, will be based on an ever-fluctuating market value.". Merchants will need to accept Bitcoins as a placeholder for goods and services, just like any other form of currency. This has been a barrier to other digital cash options historically, so its difficult to know whether Bitcoin will be better prepared to face these challenges.". But many believe that theres a need for a decentralized currency system, and Bitcoin certainly is a step toward censorship-resistant digital currency.").
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A cryptocurrency is a digital currency that is created and managed through the use of advanced encryption techniques known as cryptography. Cryptocurrency made the leap from being an academic concept to (virtual) reality with the creation of Bitcoin in 2009. While Bitcoin attracted a growing.
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