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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
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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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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