Friday, March 21, 2014

Yes indeed, that is a pile of MtGox Coins

I was supposed to be taking this week off for a spring break trip to Legoland Cryptofornia, but this story was just too big to pass up.

Those big piles of bitcoin being pyramid split two over the past weeks?  Yes indeed, as I first saw on CoinDesk, and later saw confirmed on their own web site, Mt.Gox claims to have just that much bitcoin in their control.  To add more layers of authenticiry, a large transaction that is widely believed to belong to Mt. Gox.

In the age of the blockchain "transaction logs or it didn't happen" is the new "pics or it didn't happen."