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Author Topic: 2012-7-24 - Marketwatch.com - The Future of Cash  (Read 871 times)
OgNasty
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July 24, 2012, 04:29:25 PM
 #1

http://blogs.marketwatch.com/thetell/2012/07/24/the-future-of-cash/

Quote
Bitcoin is an experimental attempt to facilitate transactions using peer-to-peer technology. Its radicalism is confirmed by the Keyser Söze-like anonymity of its creator.

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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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TraderTimm
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July 25, 2012, 01:19:15 AM
 #2

Not bad, got lumped in there with a bunch of 'alternative' currency systems. Wasn't an in-depth piece, more of a "toe-in-the-water" approach to the evolution of money.

Good catch.

fortitudinem multis - catenum regit omnia
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