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I have never argued with him about the merits of my security system. What I have done is to explain to everyone what I have done and why I think Bitcoinica stil
by zhoutong 15y ago
I have never argued with him about the merits of my security system. What I have done is to explain to everyone what I have done and why I think Bitcoinica still deserves some trust as a Bitcoin trading platform.
He think it's unconvincing, I accepted. The security standard is very different. What I can say now is, compared to other Bitcoin exchanges which handle millions of dollars of transactions, it's likely that Bitcoinica has almost the same level of security.
- rmc 15y agoBitCoin trading platforms have an abysmal record fuor security. MtGox was hacked hard. You have just told the world that you view yourself as as (in)secure as them. "we're just as good as the others" is not encouraging.