By CCN: For whatever reason, people believe that Amazon’s acceptance of Bitcoin or lack thereof will be a significant milestone for cryptocurrency. The company has never accepted it, which has given rise to several business models, including Purse.io and Moon’s recent browser extension. Amazon Finally Seeing the Light for DDoS Prevention Amazon has reportedly filed for a patent involving cryptographic proof-of-work, the system that underpins Bitcoin and most major cryptocurrencies. Proof-of-work is a concept invented by Adam Back as part of hashcash, primarily as a means to make it very expensive to conduct denial-of-service attacks. Amazon mentions this in the
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