22 Feb '14, 6pm

MTGox still authoring invalid transactions

This is the kicker. Mtgox is not evil, they have much more to gain by being honest and doing their best to make Mtgox a good functioning platform. They ARE doing their best. If they would open up their code then anybody can replicate their business model and become competitive. The bitcoin protocol was written by a genius or a group of excellent mathematics and good enough programmers. Then all the core developers that joined in later belong to the best programmers in the world ... and it's an open development. Any 16 year old kid that writes good enough code can have his code put in place in the main client or in the main clients. The way the bitcoin clients are being developed is very similar to how the Linux kernel was made. It's a group thing by the internet, for the internet, on the internet. The core developers only have to decide between what is good code and what i...

Full article: http://www.reddit.com/r/Bitcoin/comments/1ymwzj/mtgox_sti...

Tweets

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