Archive | February, 2014

Last Mile

The “last mile” is always the most difficult for me:  dotting my i’s and crossing my t’s has never been a strength of mine, literally and figuratively.  However, ease of administration and security are both crucial for adoptions by others and I must get both straightened out before the soft launch of Earlier this […]

Counterfeit-Proof Physical Bitcoins

The problem with current “physical” Bitcoins systems is that their production cost scales at upfrontCost + btcValue x rawMaterialsCost x coins while the attack cost is only upfrontCost + rawMaterialsCost x coins.  Storing a physical one-way hash of the individual coins on Namecoin would make such coins “counterfeit-proof” in that the attack cost scales at some multiple […]

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