Protecting Bitcoin from replay attacks


Bitcoin is soaring. Just when it seems like the cryptocurrency has hit a new, unfathomable value, it just continues to accelerate and proliferate further. Just last month Bitcoin surpassed $5,000 for the first time. While it took seven years for the currency to hit this mark, it took just 11 days to exceed $6,000 and just four days to break $7,000. Bitcoin has already surpassed the market capitalization of Goldman Sachs, and some are predicting that Apple may be in its sights. Of course, this value increase corresponds to Bitcoin’s increasing acceptance in the greater financial ecosystem and its improved…

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