Bitcoin Covenant created by Prof. Emin from Cornell University offers vault and poison transaction features to thwart any attempts to steal bitcoin.
Don’t we all remember Mt Gox, the Pompeii of bitcoin which almost burnt the cryptocurrency to ground? For those who don’t, Mt Gox was a Japanese Bitcoin Exchange which held the distinction of being the largest exchange in 2013. The exchange later shut down claiming its bitcoin reserves were stolen by hackers. Investigators are still trying to figure out what happened to 650000 of the 850000 bitcoins that were allegedly stolen from the exchange.
http://www.newsbtc.com/2016/02/28/bitcoin-covenant-defense-bitcoin-theft/
