According to cryptocurrency expert Sean H. Worthington, Bitcoin, an easy, instant and anonymous worldwide payment system, has several fatal flaws which will ultimately prevent its intended use as a practical, decentralized global currency. After an intensive review of Bitcoin and other cryptocurrencies, Worthington and a consortium of mathematicians and computer scientists have designed a new cyber currency, CloudCoin, which he says is unhackable, untraceable, and can't be lost, counterfeited, or double-spent, with transaction speeds 1000 times faster than Bitcoin. Worthington is Chief Information Officer and Senior Vice President at TIBCO Software Palo Alto CA.
Beyond Bitcoin: The Future of Digital CurrencyBuy
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