MIT Space Force major proposes Bitcoin mining as cybersecurity tool

Share This Post

An active-duty United States Space Force astronautical engineer is proposing to the Pentagon a new cybersecurity tool: Bitcoin.

An active-duty United States Space Force astronautical engineer is proposing to the Pentagon a cybersecurity tool capable of transforming the country’s national security and even the base-layer architecture of the internet: Bitcoin (BTC).

In an academic thesis, Major Jason Lowery, who is also a National Defense Fellow at Massachusetts Institute of Technology (MIT), presented a new theory to the U.S. Department of Defense that Bitcoin is more than just a peer-to-peer payment system, but it is a new form of “digital-age warfare,” arguing that proof-of-work technologies will change the way humans compete globally, according to Ben Schreckinger’s review of the book in Politico.

Published in February, Lowery’s master’s degree thesis dubbed “Softwar” sits in third position on Amazon’s list of best-selling technology books at the time of writing. According to his Amazon bio, Lowery has a decade of experience “serving as a weapon system developer and technical advisor for US senior officials,” including Bitcoin-related policies to the White House.

Related: Proof-of-Work, Explained

Lowery’s research argues that the U.S. military could use Bitcoin to stop certain types of attacks, such as denial-of-service attacks, which overload servers with too many requests. The concept involves creating software programs that only respond to signals from large transactions recorded on the Bitcoin network. This would make it harder for attackers to flood servers with fake signals and cause damage.

Lowery also suggests that the Bitcoin network is like Maritime trade routes, which means it’s suited for economic exchange. Consequently, it’s crucial to protect freedom of navigation on the network, just as we protect trade routes.

By designing software programs that only respond to external signals if they come with a large enough Bitcoin transaction recorded on the network, Lowery argues they would prevent adversaries from gaining control over them.

According to the author, the U.S. should also stockpile Bitcoin, build a domestic Bitcoin mining industry, and extend legal protections to the technology. In his view, Bitcoin is a weapon of self-defense, and the country should protect it as it does other rights.

Magazine: Can Bitcoin survive a Carrington Event knocking out the grid?

Read Entire Article
spot_img

Related Posts

Ethereum Price Gearing For Another Lift-Off to $4K: Increase Isn’t Over Yet

Ethereum price is holding gains above the $3,500 zone ETH could gain bullish momentum if it clears the $3,680 resistance zone in the near term Ethereum retested the $3,450 and is currently moving

$62 Million Munchables Hack: Rogue Developer Returns All Funds, No Ransom Demanded

Web3 gaming app, Munchables, announced on March 27 that an individual who exploited the system agreed to return the stolen funds without a ransom demand This announcement came just hours after a

Cleanspark’s Stock Tumbles 10% After Plans to Sell $800 Million in Shares

Bitcoin miner Cleanspark’s stock plunged 10% in after-hours trading after revising its at-the-market (ATM) offering agreement to sell up to $800 million of its stock, a decision that would

Bitwise Files for Spot Ethereum ETF With SEC, Highlights Detailed Correlation Analysis

Bitwise Asset Management has filed with the US Securities and Exchange Commission (SEC) for a spot ethereum exchange-traded fund (ETF), a move aimed at providing investors with regulated exposure to

TRON DAO Reveals Exciting Updates to Sponsor and Judge List for HackaTRON Season 6

PRESS RELEASE Geneva, Switzerland, March 28, 2024 – HackaTRON Season 6, co-hosted between TRON DAO, HTX DAO, BitTorrent Chain, and JustLend DAO, introduces an exciting lineup of new sponsors,

Bitcoin Price Primed To Clear $71,500 and Rally Again

Bitcoin price is again rising above the $70,000 resistance zone BTC seems to be setting up for a steady increase above the $71,500 resistance zone Bitcoin price is climbing higher and above the
- Advertisement -spot_img