[2016-11-03] Stolen Bitcoin? Anti-Theft Feature Gets Second Life on Sidechains

[Karartma1]

At its core, bitcoin is about giving users better control of their money.

Often called "programmable money", bitcoin has scripts that limit how future bitcoin transactions can be spent (and that control variables like who can spend them). One such script ensures the correct person is spending the bitcoin by checking if the correct signature was used before unlocking and sending the funds.

Read more
http://www.coindesk.com/bitcoin-anti-theft-feature-sees-sidechains-testing/

[Kprawn]

Well, It is a start and it shows someone is trying to do something about these hacks and the fear and uncertainty it causes. The other positive

thing we can take from this, is that Sidechains  can be used for something positive. I just hope that they keep everything simple and easy for

the people using this technology. People will not use it, if it becomes too complex...