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Author Topic: 2013-10-28 Reuters: Moneero Turns the World's 6.8 Billion Cell Phones..  (Read 675 times)
neutrinox
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October 29, 2013, 01:53:17 AM
 #1

Same press release as before, but Reuters is quite big:

http://www.reuters.com/article/2013/10/28/idUSnGNXbmQ3YH+1cb+GNW20131028
There are several different types of Bitcoin clients. Hybrid server-assisted clients like Electrum get a lot of their network information from centralized servers, but they also check the server's results using blockchain header data. This is perhaps somewhat more secure than either server-assisted clients or header-only clients.
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damnek
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October 29, 2013, 10:43:47 AM
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Looks like the link is broken
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October 29, 2013, 11:05:01 AM
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more transaction methods is better sure. But i'm not sure is it a secureway. I hope big and thrusted companies come into the game soon.
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October 29, 2013, 12:19:13 PM
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Working ok here. This is getting a fair amount of coverage, the yahoo finance article (same as here) was a surprise and Reuters is a lot of coverage. If this works out it will spread Bitcoin's roots much further and make it much more accessible. If the ATM's (Moneero call theirs a BTM) are affordable shops could end up installing them for the security of going cashless and fully automated accounting plus Moneero also seems to be handling whatever regulatory issues they may face in doing so.

Not so sure about big and trusted companies, they all started out small and had to build trust. Gox was probably the biggest and most trusted in the Bitcoin ecosystem and their withdrawal problems have stung a lot of people. Moneero seem to be working hard to get any regulatory issues nailed before moving with products and services and that's a lot of investment they have to get a return on.

gox is not a trusted company for me at least. background of gox is not so clear. And too many fraud happens on that site.
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