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PawShaker (OP)
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May 28, 2012, 06:26:04 PM
Last edit: June 03, 2012, 04:27:59 AM by PawShaker
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Lex Mercatoria: The Emergence Of A Self-Regulated Bitcoin

5/28/2012 by Jon Matonis, Contributor

As the Bitcoinica brokerage saga metastasizes yet again with the shocking revelation that no recent database backups exist, earlier security warnings to the company’s founder are being reviewed.  One observer suggested that “as the potential payoff of a hacker approaches $1 million, the likelihood of being hacked approaches 90%.”
[...]

http://www.forbes.com/sites/jonmatonis/2012/05/28/lex-mercatoria-the-emergence-of-a-self-regulated-bitcoin/

Another place wgere the same text is available:
http://themonetaryfuture.blogspot.com.au/2012/06/lex-mercatoria-emergence-of-self.html
1FQkH63k6hkexFMTRzLtJEE6ZAaTBRhjiS
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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May 28, 2012, 08:57:20 PM
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Matonis like a BOSS.

Another excellent piece!
My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)

If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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