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judymcconville@roadrunner.com 2017-05-02 12:33:40 -07:00
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@ -18,7 +18,7 @@ Bitcoin's decentralized security model puts a lot of power in the hands of the u
==== Developing Bitcoin Systems Securely
The most important principle for bitcoin developers is decentralization. Most developers will be familiar with centralized security models and might be tempted to apply these models to their bitcoin applications, with disastrous results.
((("decentralized systems", "bitcoin as")))The most important principle for bitcoin developers is decentralization. Most developers will be familiar with centralized security models and might be tempted to apply these models to their bitcoin applications, with disastrous results.
Bitcoin's security relies on decentralized control over keys and on independent transaction validation by miners. If you want to leverage bitcoin's security, you need to ensure that you remain within the bitcoin security model. In simple terms: don't take control of keys away from users and don't take transactions off the blockchain.