Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative.
The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers.
You may not have heard of Vertcoin, a crypto project designed to curtail concentration in mining power in the interests of broad-based participation. But if you care about security, decentralization and open access for cryptocurrencies, then the questions raised by a recent breach of its blockchain will matter to you.