OpenRuby.com

08 Nov '12, 3am

Secure and professional Bitcoin OTC exchanges #bitcoin

The article Necessary conditions for the long-term success of Bitcoin has shown why widespread availability of over-the-counter (OTC) Bitcoin exchangers is crucial for Bitcoin to succeed in the long-run and give us more freedom. This article will explain how to exchange Bitcoin OTC securely and professionally. It should be of interest for Bitcoin users who want to get their coins anonymously from OTC exchangers and for people who want to earn a second income as Bitcoin OTC exchangers in the counter-economy. If you are dealing Bitcoin on the OTC market you have to consider two kinds of enemies: the state and evil customers (for example, fraudsters). To deal securely you have to mitigate the corresponding risks. That is, you have to drive up the cost of a successful attack and make it unlikely. The techniques for risk mitigation can be divided into two categories: secure IT ...

Full article: http://shadowlife.cc/2012/11/secure-and-professional-bitc...

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