http://www.bitmint.com/ WTF IS THIS?

[ptshamrock]

I jsut came across this site...has anyone already heard about it ?


http://www.bitmint.com/


The BitMint is under construction in Tel-Aviv, Israel by a professional team led by BitMint Ltd, in cooperation with IBM, consistent with IBM "Smart Money" vision.

We are lining up corresponding banks and financial institutions around the world. For business inquiries please contact Mr. Amnon Samid, CEO. For technology inquiries please contact Prof. Gideon Samid, CTO.

BitMint technology is based on US Patent 6,823,068, and pending patents around the world.

[BadBear]

Was posted about almost 2 years ago, but not much has ever been said about it as far as I know, so probably vaporware.

https://bitcointalk.org/index.php?topic=289.0

[ptshamrock]

thx for the info

Okay but then it was just an PDF which is not avaliable anymore..did the PDF already mention this website?

[evoorhees]

Maybe it will forever remain the "future" of money

[BadBear]

thx for the info

Okay but then it was just an PDF which is not avaliable anymore..did the PDF already mention this website?

I don't know, the website was registered March 2010, before that posting so it's likely.

[kjlimo]

My cousin went to a seminar @ Case Western Reserve on March 22, 2012.  She wasn't impressed & didn't see the need for it.

However, I'm sure people say the same thing about bitcoin...

http://engineering.case.edu/eecs/node/348

[Etlase2]

My cousin went to a seminar @ Case Western Reserve on March 22, 2012.  She wasn't impressed & didn't see the need for it.

However, I'm sure people say the same thing about bitcoin...

http://engineering.case.edu/eecs/node/348

"the BitMint team constructed a solution based on equivocation which allows for cryptographic money that is theoretically resistant to even brute-force cryptanalysis; resistance that does not erode with time."

I'd be really interested to hear how they solved that. I think the entire cryptography world would be interested.

[Etlase2]

i found this on the google: http://www.google.com/url?sa=t&rct=j&q=&esrc=s&frm=1&source=web&cd=56&ved=0CEcQFjAFODI&url=http%3A%2F%2Farchive.unctad.org%2FTemplates%2FDownload.asp%3Fdocid%3D13150%26lang%3D1%26intItemID%3D5420&ei=ucuOT67YM8zmggf8k-SPCg&usg=AFQjCNHSOlE-ob1fsm9lDX42Zq5bOSdPeg

man I am getting sick to fucking death of this google link spam

anyways, this pdf basically says "we will bow down to the banking overlords and do whatever they tell us"

[Spekulatius]

i found this on the google: http://www.google.com/url?sa=t&rct=j&q=&esrc=s&frm=1&source=web&cd=56&ved=0CEcQFjAFODI&url=http%3A%2F%2Farchive.unctad.org%2FTemplates%2FDownload.asp%3Fdocid%3D13150%26lang%3D1%26intItemID%3D5420&ei=ucuOT67YM8zmggf8k-SPCg&usg=AFQjCNHSOlE-ob1fsm9lDX42Zq5bOSdPeg

man I am getting sick to fucking death of this google link spam

anyways, this pdf basically says "we will bow down to the banking overlords and do whatever they tell us"

Bring thee heads for 1 BTC each!

[Phinnaeus Gage]

My cousin went to a seminar @ Case Western Reserve on March 22, 2012.  She wasn't impressed & didn't see the need for it.

However, I'm sure people say the same thing about bitcoin...

http://engineering.case.edu/eecs/node/348

Gideon Samid holds the underlying patents, and chairs the technical team that develops the BitMint solution. This innovation is a practical illustration of InnovationSP: Innovation Solution Protocol, presented by Gideon in his book "The Innovation Turing Machine". Gideon's interests include complex systems, inferential knowledge swarms, knowledge realization momentum (correcting for our tendency to model the unknown in the image of the known), cryptography, and computer security. Gideon is an adjunct faculty at EECS, and an adjunct professor in the University of Maryland, University College. He writes the cyber security column for "Digital Transactions", and his 2009 book "The Unending CyberWar" enjoyed critical acclaim.

in re. bolded text: Perhaps Rassah can offer a little insight on Gideon Samid.

~Bruno~

EDIT: Just watched this video by Gideon Samid: The Innovation Solution Protocol

[kwukduck]

i guess bitcoin is doomed then

a digital currency with all the features and good things of bitcoin, without the bad.

[disclaimer201]

i guess bitcoin is doomed then

a digital currency with all the features and good things of bitcoin, without the bad.

This video is really good.

[mc_lovin]

so this is their patent?

http://www.google.com/patents/US6823068

aah.... so we are all in violation of this patent.. but it's p2p so you can't really stop the people violating the patent..

[Etlase2]

so this is their patent?

http://www.google.com/patents/US6823068

aah.... so we are all in violation of this patent.. but it's p2p so you can't really stop the people violating the patent..

how are we in violation of it? it's for a form of cryptography that bitcoin doesn't use

[row5_seat47]

recently filed....
Fitting digital currency into modern transactional ecosystems
http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&co1=AND&d=PG01&s1=20130311348.PGNR.&OS=DN/20130311348&RS=DN/20130311348

[Mylon]

recently filed....
Fitting digital currency into modern transactional ecosystems
http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&co1=AND&d=PG01&s1=20130311348.PGNR.&OS=DN/20130311348&RS=DN/20130311348

Did you bother to read it?

mint under central control = not bitcoin