id author title date pages extension mime words sentences flesch summary cache txt blog-dshr-org-4465 DSHR's Blog: Blockchain briefing for DoD .html text/html 14135 1100 72 Thus one essential part of your system is one or more exchanges, at which the miners can sell their cryptocurrency rewards for the "fiat currency" they need to pay their bills. Over time, permissionless blockchains require an inflow of speculative funds at an average rate greater than the current rate of mining rewards if the "price" is not to collapse. In practice the security of a blockchain depends not merely on the security of the protocol itself, but on the security of both the core software, and the wallets and exchanges used to store and trade its cryptocurrency. If you trust a central authority to update your software automatically, or if you don't but you think others do, what is the point of a permissionless blockchain? "Malicious cryptocurrency miners took control of Bitcoin BTC Gold's blockchain recently to double-spend $72,000 worth of BTG. ./cache/blog-dshr-org-4465.html ./txt/blog-dshr-org-4465.txt