Re:Snowden Meets the IETF
by superobserver on Wednesday July 22, 2015 @06:15PM
(#9932733)
Glad someone already said what I was going to say about the Blockchain tech. There's no security in that, especially given the feudal nature of the bitcoin market (now and going forward).
Re:Snowden Meets the IETF
by davidgerard on Wednesday July 22, 2015 @06:24PM
(#9932777)
Indeed. I forgot to add: And when the NSA is our threat model, an inviolable record of every transaction ever, that lawyers refer to as "prosecution futures", may not be the technology of choice.
(The singular with a "the" means the Bitcoin blockchain, which is increasingly centralised under a decreasing number of Chinese mining pools. And this is apart from the stupendous list of problems with literally every single aspect of Bitcoin. It may not be a great idea to pin any of our hopes on the digital Cue::Cat.)