Bitcoin Forum
November 10, 2024, 08:19:03 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2016-08-07]Recent Exchange Hack Calls For Better Safeguards For Bitcoin  (Read 258 times)
WishICanTurnBackTime (OP)
Full Member
***
Offline Offline

Activity: 238
Merit: 100


View Profile
August 07, 2016, 02:21:32 PM
 #1

The recent bitcoin exchange hack underscores the vulnerability of bitcoin exchanges, an issue that needs to be addressed if bitcoin is to gain a larger following, according to Megan McArdle, a Bloomberg columnist. (McArdle most likely referred to Bitfinex.)
Safeguards have been considered, such as a virtual “exploding dye pack”, but it remains to be seen if such safeguards will be accepted.
It took banks many years to develop safeguards that ultimately made bank robbery undesirable to criminals.

https://www.cryptocoinsnews.com/recent-exchange-hack-calls-for-better-safeguards-for-bitcoin/

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!