j"1LAnZuoQdcKCkpDBKQMCgziGMoPC4VQUckM,<div class="post"><div class="quoteheader"><a href="https://bitcointalk.org/index.php?topic=202.msg1692#msg1692">Quote from: amall on June 23, 2010, 07:42:04 AM</a></div><div class="quote">What if a major flaw is discovered in BC's cryptographic soundness? Is there any way to prevent the complete dissolution of the system and of everybody's wealth?<br/><br/>Perhaps one way to do it would be to create a voluntary registry of non-anonymous addresses, to be shared and verified publicly. Then, if a major flaw arose (maybe someone solved the factoring problem <img alt="Wink" border="0" src="/static/img/emoticons/wink.gif"/> ), then there would still be a record of everybody's wealth that could be used in a new system (supposing everybody could agree on the latest time that no fraudulent transactions could have taken place). Of course, people who chose to stay anonymous (and therefore did not include their address in the registry) would see their wealth disappear, but alas that risk would prove the price of anonymity.<br/></div><br/>That is an interesting idea. But, how would the wealth be transfered to a new system and what would be the exchange rate? Perhaps this could be combined with an insurance plan that had a predetermined and guaranteed payout written in the policy?</div> text/html
https://whatsonchain.com/tx/fa0aa44c61c8cb4e01dd2139f11b78542e307b26d139d0fb4dfe6ed025cb1acd