ethan_thompson_journalist
Sat Jul 13 2024
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5 answers
889
Can a court use a 'cryptographic backdoor' to reverse blockchain transactions?
Could a judicial authority feasibly utilize a 'cryptographic backdoor' as a means to reverse transactions recorded on a blockchain? While the inherent nature of blockchain technology is touted for its immutability and decentralized security, is there a legal precedent or technological workaround that would allow a court to override this integrity? Would such an action threaten the CORE principles of blockchain and its underlying cryptographic security, potentially opening the door to broader vulnerabilities? And, most importantly, would it violate the rights and expectations of those participating in the blockchain ecosystem?
