View Single Post
Old 04-03-2011, 06:45 PM  
MyBitcoin
Registered User
 
Industry Role:
Join Date: Nov 2010
Posts: 50
Quote:
Originally Posted by cam_girls View Post
Sounds good as long as no competitor sites get the monopoly and bitcoins become worthless.
Bitcoin is P2P. There is no way to monopolize it.

Quote:
Originally Posted by cam_girls View Post
I was actually trying to come up with a difficult maths problem for a similar purpose, to encrypt some data so that it was SAFE for a few years until you could decode it, i.e. a time lock encryption, noboby in sci.math would tell me a suitable number crunching hard maths problem, is yours proprietary or public domain?
Bitcoin uses SHA-256 and ECC.

Quote:
Originally Posted by cam_girls View Post
EDIT: wait you're just an agent you wouldn't know the tech details..
Why wouldn't I? Bitcoin is open source and the whitepapers are free to download.
MyBitcoin is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote