Transaction

j"1LAnZuoQdcKCkpDBKQMCgziGMoPC4VQUckMì<div class="post">Max,<br/><br/>Your comments make total sense, as long as there is time to switch over to the new currency when a threat looms.&nbsp; This is pretty reasonable.&nbsp; For example, people might start to find some small flaws with SHA-256, and so people would have time to buy into the new currency before the whole system unravels.<br/><br/>However, supposing somebody found a major flaw while BC was in widespread usage, that person could commit a lot of fraud without people even realizing immediately.&nbsp; In this case, it might be valuable to have some kind of registry, because people might want to buy into a new currency that does include some distribution in proportion to formerly registered wealth (game theoretically, only the wealthier registered 50% would prefer this currency, but that's the topic of another discussion).<br/><br/>Now, it seems like a pretty good solution would be for everyone to hold a diversity of digital currencies, which are backed by a diversity of cryptographic methods.&nbsp; However, this solution has many costs of its own, since the marketplace would need to support many currencies.&nbsp; Among other things, it would be absolutely necessary to have many competing, cheap exchanges.<br/><br/></div> text/html