Re:Bitcoin rises
by Retric on Tuesday March 19, 2013 @04:40PM
(#5403470)
I just read though your link and I hate to break it to you but bit-coins are the opposite of antonymous every account and every transaction is public. Also, from a technical standpoint it's horrible for fast transactions like a store or vending machine, so either it needs to be fixed, another layer built over it which makes it no more useful than cash, or some other digital currency is going to take over.
[ Parent
| on HN ]
It is designed to be attack resistant. Having to validate transactions across many nodes in the network, and having to maintain a valid transaction history amongst the network, makes it really hard to be fraudulent. You can register as many sources as you want in wallets, and you can give away your wallet.dat, so in practice wallets are tied even less to people than IPs are.