What is the likely hood that OS's are corrupted even on a clean install.

Eg consider the air gapped computer. You sign a transaction onto a usb.

Unknown to you the os was waiting, and deposits privkeys/waller/paswords (key logged) on to the usb in an obfuscated way even perhaps piecemeal over 100 transactions.

The OS you plug the usb into for the client is waiting for a catch points and then sends this data up.

All your coins taken / disappear, even though you had an air gapped Laptop.

even for linux, who is watching every line in ubuntu to see some code does not do this?

what is the solution to this?

the only sure fire way I can think of is you would photograph a qr code that held the signed transaction then this photo could be uploaded onto the client.

as things stand I'm not sure that airgaped but using usb to transfer, are really safe.

would have joined as a candidate but closed, not sure if this was advertised widely enough, I mean I am here almost daily...only found out by the please vote now....

also a bit weary of going to a outside website to vote.

use escrow eg eco coin make it legit.

I also dont get this part

can some one explain how this distribution will work exactly

I just don't see how its going to be done?

the open database means anyone else can use those numbers as well

also literally dropping them out of a plane, can't ensure distribution.

Given a national open database of numbers and names....how does this help?


what am I missing here?

gox II

go on you know you want to

newb

being anon is a strength of BTC-e

anhows only trade with fractions of your total, and take out any excess regally = minimise loss on any btc exchange

network effect and dev team.

the network effects means all the necessary infrastructure is way ahead for BTC. Eg electrum client

any problem that comes up has enough top tier dev's to solve the problem, and enough of a stake to care. Eg when Gox was going down, a legit offer to provide a team of top tier devs, onsite fully paid was made, to help them at no expense to gox. If you have 50K coins you would also be making such and offer to whoever needs help, and you could fund it.

Of course this was too late for gox, however, the fact remains, this was there and could be done.

So many more eyes and wallets are invited in BTC. Alts will come and go, just look at what was big and what happened to it.

No saying btw will take the whole market, but the nature of open source means it can adapt any change it needs to.

where can I un invest in this gox coin

its that time, just to throw some more confusion in lets have MtGox coin

a percentage is given away to random addresses on the block chain that are over 1 unit of currency, or something like that,

oh and the percentage comes from your address, and its over 9000%

how would people even going about proving they owned what....it would be a long hard process.

Those who stayed in or used Gox took on the risk rewards that was there...if you were not following events then that s you time allocation opportunity cost.

Why would satoshi involve himself in anyway.

It would just set a bad precedent that bit coin needs "saving"

Bitcoin is fine, exchanges not so much

Distributed type 1 exchanges are on their way see nxt etc.

That will solve that part of the problem.

then the fiat i/o issues will be solved

then game over.

Update

Bitcoin Axiom #0 - If you do not have provably secure [air gap generated] private keys for your bitcoins, then you have no bitcoins.

what do you want from this guy that he go around replying to threats?, no he still a least has a semblance of a plan, when the world bears down on him.

so how does it work exactly...the exchange keeps all btw on keys it signs offial message with or other message you can verify.

Anyway of gambling can be made provable with btw why not an exchange.

Just the fact that you have provable gambeling with BTC is going to kill most casino other gambling.

well it would show if they have all the btw they say they have not fiat though.....

I read recently (if not hoax) that Gav or Greg was suggesting a protocol addition so that you could prove and exchange has all the BTC it says it has.

Without something like this, I think all exchanges will yield to the temptation to fractional practice, by design or fault.

With it, it would make the btc side one of the safer ways to invest....with any entity as you can check at any tie their claims as to reserves.

your confusing an exchanges operation with the bit coin protocol.

your bit coin are safe in the protocol and can be sent round as usual if you keep exclusive control of you private keys.

that a person chose to (indirectly) surrender the use of private keys to and exchange is the consequence of that decision. Exchanges will fail so duck in and out with small amounts fast. Keep most out

use pywallet kill the transaction or resend the transaction

if this is true I thought it meant that the ewer manually taking btw out of their cold storage to meet BTC payouts, as a lot of BTC was being lost from their hot wallet....which when you write it down....DOES NOT MAKE SENSE
you would just manually send withdraws....and not top of the defective hot wallet...I suppose the volumes would kiil it though....

I really doubt gox has BTC though

yes but proportionally only so many of these coins are ever going to on an exchange, and in uncertain times even less people will be risking coins on exchanges....