Tuesday, July 21, 2015

Goxxed No More: First Decentralized Bitcoin Exchange Launches Today

A single point of failure is a sure way to test Murphy's Law (can go wrong, will go wrong), and when dealing with a massive store of wealth, in bitcoins or otherwise, this is not a law you want to prove. Ever since the failure of Mt. Gox and the subsequent centralized Bitcoin exchanges which have been hacked, proved insolvent, have been the object of exit scams, or buckled under the weight of obvious manipulation, there has been clamor toward a decentralized exchange. There exists technology on which this can be done, escrow services and multi-signature addresses, but these methods, […]

The post Goxxed No More: First Decentralized Bitcoin Exchange Launches Today appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

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