Post
Topic
Board Service Discussion
Re: Mt Gox Hacked - lost it all today... now what!?
by
John (John K.)
on 22/01/2013, 09:18:17 UTC
If MtGox could make it so that you could add your PGP public key and then configure your account such that bitcoin withdrawals require PGP signature of a pre-generated message that contained the destination bitcoin address, MtGox would have undisputable conclusive proof in the event of a disagreement as to whether a withdrawal was authorized.

However: what's the difference of having ones password stolen and having ones pgp key stolen and passphrase key-logged?

The difference is the attacker wouldn't have the PGP private key.
By PGP key he would mean the private key, of course. Who needs to steal public keys?