The recent bitcoin exchange hack underscores the vulnerability of bitcoin exchanges, an issue that needs to be addressed if bitcoin is to gain a larger following, according to Megan McArdle, a Bloomberg columnist. (McArdle most likely referred to Bitfinex.)
Safeguards have been considered, such as a virtual “exploding dye pack”, but it remains to be seen if such safeguards will be accepted.
It took banks many years to develop safeguards that ultimately made bank robbery undesirable to criminals.
https://www.cryptocoinsnews.com/recent-exchange-hack-calls-for-better-safeguards-for-bitcoin/
Topic: [2016-08-07]Recent Exchange Hack Calls For Better Safeguards For Bitcoin (Read 263 times)
August 07, 2016, 09:21:32 AM
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