Title: A comprehensive critique of the weaknesses of Bitcoin... Post by: Kiaya on July 23, 2011, 09:46:27 PM Any thoughts on this -
http://blog.p2pfoundation.net/a-comprehensive-critique-of-the-weaknesses-of-bitcoin/2011/07/23 (http://blog.p2pfoundation.net/a-comprehensive-critique-of-the-weaknesses-of-bitcoin/2011/07/23) ... the only one that really concerns me is 1) - is it true to say that the hashing power of the network is getting so large that this issue gets less likely as time passes? - http://www.quora.com/How-can-Bitcoin-be-hacked (http://www.quora.com/How-can-Bitcoin-be-hacked) ... the author represents kakigarden - they're positioning themselves as a competitor to Bitcoin - but there seems to be very few details published about what, exactly, they're proposing - http://www.kakigarden.com/ (http://www.kakigarden.com/) Title: Re: A comprehensive critique of the weaknesses of Bitcoin... Post by: Jaime Frontero on July 23, 2011, 10:27:56 PM kakigarden:
Quote No longer backed by material scarcity like gold, nor by artificial scarcity like Bitcoin. sounds like an implementation without the 21M coin limit. i wonder how the amount of currency is controlled? centrally? ::) not much appeal, with this limited amount of info... Title: Re: A comprehensive critique of the weaknesses of Bitcoin... Post by: btcx on July 24, 2011, 03:15:16 AM ... the author represents kakigarden - they're positioning themselves as a competitor to Bitcoin - but there seems to be very few details published about what, exactly, they're proposing - The fact that they're raising funding makes me suspicious already. A currency immune to Bitcoin's weaknesses will not be competition for Bitcoin. Title: Re: A comprehensive critique of the weaknesses of Bitcoin... Post by: Anonymous on July 24, 2011, 03:41:12 AM Unless they have the source code available then its not a bitcoin competitor.
Title: Re: A comprehensive critique of the weaknesses of Bitcoin... Post by: bigb159 on July 24, 2011, 12:27:12 PM Just a pretty webpage for now.
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