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Bitcoin Security Architecture: A Brief Overview

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Bitcoin is an emerging technical and economic phenomenon, based upon a self-published paper by Satoshi Nakamoto. Many sites have taken notice of Bitcoin and have published some very thoughtful “what is Bitcoin,” “How-to get started” documentation. But the resources available to address Bitcoin are few, and primarily oriented toward enthusiasts, casual hobbyists, or those interested in making and securing a profit off of Bitcoin generation (“mining”). In this post, we make an effort to extend the Bitcoin security body of knowledge, but from an organizational perspective: what are the risks associated with adopting Bitcoin, intentionally or unintentionally.

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