Blockchain Fullness Linked to Enhanced Security and Bitcoin Price

Blockchain Fullness Linked to Enhanced Security and Bitcoin Price



The study establishes a direct link between the "fullness" of a blockchain and its security level. A team of researchers from Florida Atlantic University and the University of Mississippi has shared insights through a study indicating that blockchains with "full" blocks, particularly when transactions are waiting in queue, seem to offer an additional layer of security against malicious actors, money laundering activities, and potential fraud attempts.



Titled "Bitcoin Blocksize, Custodial Security, and Price," the research paper delves into various cases including the Mt. Gox crash and other incidents where cryptocurrencies were unlawfully taken from exchanges.



The foundational idea of the study is that those engaging in illicit activities are in a hurry to process their laundering transactions as swiftly as possible. The paper


Read more about Blockchain Fullness Linked to Enhanced Security and Bitcoin Price


#Bitcoin, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News

Comments

Popular posts from this blog

Notcoin Launches Major Airdrop Campaign on Telegram, Distributing 80 Billion Tokens

Tether Achieves Record $4.5 Billion Profit in Q1 2024 Amid Surging Treasury Holdings

Cryptocurrency Market Fluctuates: Fear and Greed Index Drops to Fear Level