Questions tagged [risk-mitigation]
18 questions
7
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3 answers
Does using Ripple to accept Bitcoin reduce risk of Bitcoin fraud?
Does Ripple reduce the risk of double-spending, or other types of issues that may crop up when using Bitcoin natively?
makerofthings7
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4
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1 answer
Could there be a "run" on Mt Gox? Does Mt Gox use my balance for other purposes behind the scenes?
It's conceivable that Mt Gox would re-use the outstanding balances (USD or otherwise) in other investments (BTC or otherwise).
How much liquidity does Mt Gox have in BTC and Fiat dollars in case a large group of users decides to withdraw their cash…
makerofthings7
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4
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1 answer
What's the probability of vanity pools causing RIPEMD-160 (public key hash) collisions?
As Bitcoin vanity pools become more popular, the possibility of using that power to derive another person's Base58 public key hash becomes slightly more likely.
I'd like to know if anyone has done the math calculating probability of guessing a…
makerofthings7
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4
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1 answer
What's the risk of publicizing a Bitcoin address?
What's the risk of public Bitcoin address, except person - account link is publically known. Or, is it preferable to have one such account?
vi.su.
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3
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1 answer
Does LN require an on-chain "emergency lane" to mitigate systemic risks?
According to LN social slides, a fee market (in other word: "congested mempool", to my understanding) is good. But, there's systemic risks around penalty mechanism, so some sort of on-chain scaling (which looks like an emergency lane to my…
Chris Chen
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3
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1 answer
Are mining pools evenly distributed across the planet?
Are mining pool managers evenly distributed across the planet? where are the biggest ones located? Like where are the servers physically located? Recently the backbone ISP for all of the Universities in Michigan went down and everyone on each campus…
Kinnard Hockenhull
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3
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1 answer
Is there a signature format, or cryptography has *only one* possible S value?
EDIT: This question is not specific to Bitcoin. It's applicable to any other crypto currency that is interested in using a different signature scheme than Bitcoin or the QT reference client. One reason for this is to reduce complexity (and bugs)…
makerofthings7
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2
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2 answers
Protect against falling bitcoin and bitcoin cash prices
What alternatives do I have for insuring bitcoin and bitcoin cash payments (that I'll receive in the future) against falling prices? That's against the pound or euro. Obviously that's against an x% fee.
Arjon ideo
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2
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1 answer
How do I protect my mining rig from brownouts and electrical surges?
My mining rig consumes 1,250w. What additional information do I need, or how do I shop for a product that will protect me from Brownouts and Electrical surges.
I'm not interested in UPS functionality, however I'm mostly concerned about protecting…
makerofthings7
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1
vote
3 answers
Hedging against the bubble popping - where's the leverage?
My friend has a rather large store of bitcoins that he bought about a month ago. I think it makes sense for him to hedge his recent gains, since the price run up looks like a bubble.
What is a high leverage way of doing this?
I looked at ICBIT but…
John Shedletsky
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1
vote
0 answers
Privacy risks with a hardware wallet
I'm trying to understand the privacy risks with a hardware wallet like a Trezor, Ledger, or similar. I understand the common workflow with these wallets is that you use an SPV bitcoin client which communicates with this hardware wallet over USB. On…
kbyrd
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1
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2 answers
Without being continuously connected to the network, how can I protect from Double Spend attacks?
I'm a vendor who is interested in protecting myself from double spend attacks.
What software, configuration, connectivity, or timeout is required to mitigate this risk?
Namely, how would I protect myself if a continential communications blackout…
makerofthings7
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1
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0 answers
Pluggable Signers for Married Wallet
I would like to start a Wallet Protection Service, but simply add myself as a signatory to wallets using the Married Wallets standard.
https://groups.google.com/forum/#!topic/bitcoinj/Uxl-z40OLuQ
I have looked at the design documents, but I cannot…
Nathan Basanese
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3 answers
Will ASIC miners hold the network "hostage" and demand a fee for their services?
I can see a trend coming where miners will likely hold the network "hostage" by mining blocks with no transactions in them... even when the block reward nears zero. This would leave transactions in the perpetual pending state.
The reason I suspect…
makerofthings7
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1
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2 answers
What is the backup plan for the social organization surrounding Core development?
The question of GitHub alternatives has been raised and closed. Alternative, backup repos exist.
That said, I have not seen any contingencies for planning the social move to those repos and organizing developer efforts for maintaining Core in the…
jarctu
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