Is it ever possible to state that security is "solved"? People, and organisms in general, are clever.
Re:Interest in Bitcoin Grows on Wall Street
by vectorpush on Monday March 30, 2015 @12:00PM
(#9290376)
> Securing Bitcoin is a solved problem.
Trezor has solved Bitcoin's security problems in the same way that PGP has solved internet messaging security; that is, amazing technology exists that addresses real problems, but in practice the problems are still prominent. Security is a major problem for the internet, and a much bigger problem for bitcoin since the incumbent system provides nearly identical services with a substantially smaller risk of losing real money.
Re:Interest in Bitcoin Grows on Wall Street
by emodendroket on Monday March 30, 2015 @02:08PM
(#9291370)
Shoot, somebody tell the exchange services that keep shutting down because they lost gazillions of coins that this was a solved problem.
Securing Bitcoin is a solved problem. Trezor is bullet proof piece of open hardware already working with multiple software backends, including two android wallets. And it's easy to use, as simple or even simpler than online banking. And it's not the only one - there are other hardware wallets. For corporations today there is multi-sig and an improvement over multi-sig, called treshold signatures, currently in development.