Why privacy in blockchain must start with open source

Traditionally, trust came from centralized institutions. Banks, payment networks, and clearinghouses are closed systems. Users cannot see the inner workings, but they rely on external audits, government regulation, and long histories of compliance to feel secure. It’s a model that has and continues to work, but it comes with trade-offs, namely: opacity, concentration of power, and limited innovation. A new model of trust With blockchains and decentralized applications (dApps), a new model of trust has … More → The post Why privacy in blockchain must start with open source appeared first on Help Net Security.
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