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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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franky1
Legendary
 Offline
Activity: 4214
Merit: 4473
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March 20, 2014, 12:34:25 AM |
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coinbase more secure thanks to FB security guy coinbase expanding features and uses thanks to amazon director guy looks like coinbase is heading in a more professional direction, which will giv it much needed cred and trust, since the gox fiasco.. i can see coinbase spearheading the next price rise and expansion of bitcoin services.  hmm bittburger said it better though boom! |
I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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chriswilmer
Legendary
Offline
Activity: 1008
Merit: 1000
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March 20, 2014, 01:05:28 AM |
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Bullish!
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drrussellshane
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March 20, 2014, 02:11:19 AM |
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In other news, Facebook is less secure. |
Buy a TREZOR! Premier BTC hardware wallet. If you're reading this, you should probably buy one if you don't already have one. You'll thank me later.
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tslfins1
Newbie
Offline
Activity: 4
Merit: 0
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March 20, 2014, 02:16:59 AM |
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Looks like he had "a stint at the Federal Reserve Bank of Chicago". Sounds like the right man for the job!
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westkybitcoins
Legendary
Offline
Activity: 980
Merit: 1004
Firstbits: Compromised. Thanks, Android!
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March 20, 2014, 02:24:37 AM |
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Looks like he had "a stint at the Federal Reserve Bank of Chicago". Sounds like the right man for the job!
Well THAT sure crushed my initial enthusiasm about this news.  |
Bitcoin is the ultimate freedom test. It tells you who is giving lip service and who genuinely believes in it.
... ... In the future, books that summarize the history of money will have a line that says, “and then came bitcoin.” It is the economic singularity. And we are living in it now. - Ryan Dickherber... ... ATTENTION BFL MINING NEWBS: Just got your Jalapenos in? Wondering how to get the most value for the least hassle? Give BitMinter a try! It's a smaller pool with a fair & low-fee payment method, lots of statistical feedback, and it's easier than EasyMiner! (Yes, we want your hashing power, but seriously, it IS the easiest pool to use! Sign up in seconds to try it!)... ... The idea that deflation causes hoarding (to any problematic degree) is a lie used to justify theft of value from your savings.
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Dissonance
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March 20, 2014, 02:42:52 AM |
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Looks like he had "a stint at the Federal Reserve Bank of Chicago". Sounds like the right man for the job!
Well THAT sure crushed my initial enthusiasm about this news. I realize that most people in the forum are naturally suspisious of government and its not necessarily unjustified, however, not every G man is a bad person looking to crush your spirit and wallet. This is big news for bitcoin as security is the biggest issue with mass adoption. |
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TippingPoint
Legendary
Offline
Activity: 905
Merit: 1000
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March 20, 2014, 02:45:36 AM |
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actually...
"leaving his role at Facebook as its Director of Security Incident Response"
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El Dude
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March 20, 2014, 03:03:48 AM |
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now Coinbase needs to focus on launching Litecoin support.
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Bitcoin and Litecoin hodler
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Morbo
Member
Offline
Activity: 115
Merit: 11
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March 20, 2014, 03:08:07 AM |
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Take it easy, boys and girls.
A Microsoft scum left for Nokia. Then Microsoft bought Nokia after that scum destroyed it.
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http://drunkyoda.tk/ - Bitcoin blog by newbie for newbies (no ads, no reflinks, no donation begging)
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jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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March 20, 2014, 05:28:04 AM |
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My experience with facebook security has been rather dismal: http://metaversemusician.com/blog/hackers-steal-facebook-pages-creator-loses-administrator-rights/I'm sure it'll be great for Coinbase in pulling in yet more investment. Based upon my personal experience, I don't expect customer service to benefit. Anybody anywhere feel that facebook gives a crap how secure your account is? |
Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.
I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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maurya78
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March 20, 2014, 08:39:02 AM |
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Great news, we need to suck more great tech talent into the crypto ecosystem
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BitCoinDream
Legendary
Offline
Activity: 2324
Merit: 1204
The revolution will be digital
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March 20, 2014, 10:23:28 AM |
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VCs play crucial role behind these honcho moves.... |
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westkybitcoins
Legendary
Offline
Activity: 980
Merit: 1004
Firstbits: Compromised. Thanks, Android!
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March 21, 2014, 08:12:01 AM |
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Looks like he had "a stint at the Federal Reserve Bank of Chicago". Sounds like the right man for the job!
Well THAT sure crushed my initial enthusiasm about this news. I realize that most people in the forum are naturally suspisious of government and its not necessarily unjustified, however, not every G man is a bad person looking to crush your spirit and wallet. This is big news for bitcoin as security is the biggest issue with mass adoption. Considering the man has been in the tech industry rather than government or banking for a while, I'm cautiously hopeful that he might actually be able and willing to enhance Coinbase security. But as he has actually worked for the Fed, it's nowhere close to the almost-certainly positive event that I had thought at first. His background leaves serious room for doubt (it's not at all uncommon for key folks to leave banking, enter other domains and continue to represent the interests of the banking industry, if not their specific former employer. To not consider this a possibility, especially when it comes to Bitcoin, is to ignore that trend.) |
Bitcoin is the ultimate freedom test. It tells you who is giving lip service and who genuinely believes in it.
... ... In the future, books that summarize the history of money will have a line that says, “and then came bitcoin.” It is the economic singularity. And we are living in it now. - Ryan Dickherber... ... ATTENTION BFL MINING NEWBS: Just got your Jalapenos in? Wondering how to get the most value for the least hassle? Give BitMinter a try! It's a smaller pool with a fair & low-fee payment method, lots of statistical feedback, and it's easier than EasyMiner! (Yes, we want your hashing power, but seriously, it IS the easiest pool to use! Sign up in seconds to try it!)... ... The idea that deflation causes hoarding (to any problematic degree) is a lie used to justify theft of value from your savings.
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Gareth Nelson
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March 21, 2014, 08:14:07 AM |
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coinbase more secure thanks to FB security guy coinbase expanding features and uses thanks to amazon director guy looks like coinbase is heading in a more professional direction, which will giv it much needed cred and trust, since the gox fiasco.. i can see coinbase spearheading the next price rise and expansion of bitcoin services. hmm bittburger said it better though boom!  |
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