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In Bitcoin Era, Ransomware Attacks Surge
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Is Bitcoin Breaking Up?

Rift widening over how to deal with the size limits within the virtual currency’s ledger of transactions

By

A prominent bitcoin developer has labeled the currency a failed experiment, widening the rift over an arcane but critical technical issue that has divided the community for nearly a year.

“The fundamentals are broken, and whatever happens to the price in the short term, the long-term trend should probably be downwards,” developer Mike Hearn wrote on the blogging platform Medium. “I will no longer be taking part in bitcoin development...

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