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re: My faith in Bitcoin just went out the window

Posted on 3/8/13 at 2:13 pm to
Posted by MetalTiger
Member since Jan 2009
1108 posts
Posted on 3/8/13 at 2:13 pm to
quote:

That's why I can't take all these security arguments in these threads too seriously.


No kidding. The article explains that the hosting company was the victim of some social engineering which resulted in an account being compromised. The target of the attack could have been any type of sensitive data.

The average person is not going to understand how encryption works. Heck, even your typical 'IT guy' probably doesn't truly understand encryption. But they don't need to. They just need to know how to use it, and software like truecrypt makes it simple.





I have a crazy theory that BTC mining is actually a way to generate a rainbow table but TD.com is not the place for that discussion.
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