thing we can take from this, is that Sidechains can be used for something positive. I just hope that they keep everything simple and easy for
the people using this technology. People will not use it, if it becomes too complex...
Topic: [2016-11-03] Stolen Bitcoin? Anti-Theft Feature Gets Second Life on Sidechains (Read 283 times)
November 05, 2016, 07:51:18 AM
Well, It is a start and it shows someone is trying to do something about these hacks and the fear and uncertainty it causes. The other positive
thing we can take from this, is that Sidechains can be used for something positive. I just hope that they keep everything simple and easy for
the people using this technology. People will not use it, if it becomes too complex...
thing we can take from this, is that Sidechains can be used for something positive. I just hope that they keep everything simple and easy for
the people using this technology. People will not use it, if it becomes too complex...
November 05, 2016, 06:49:54 AM
At its core, bitcoin is about giving users better control of their money.
Often called "programmable money", bitcoin has scripts that limit how future bitcoin transactions can be spent (and that control variables like who can spend them). One such script ensures the correct person is spending the bitcoin by checking if the correct signature was used before unlocking and sending the funds.
Read more
http://www.coindesk.com/bitcoin-anti-theft-feature-sees-sidechains-testing/
Often called "programmable money", bitcoin has scripts that limit how future bitcoin transactions can be spent (and that control variables like who can spend them). One such script ensures the correct person is spending the bitcoin by checking if the correct signature was used before unlocking and sending the funds.
Read more
http://www.coindesk.com/bitcoin-anti-theft-feature-sees-sidechains-testing/
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