Quote from: Capitalmind on December 12, 2013, 04:02:05 PM

Quote from: QuestionAuthority on December 11, 2013, 05:34:17 PM

Quote from: Capitalmind on December 11, 2013, 05:27:10 PM

Thank you for posting this work! So far I understand BTC is more traceable in the chain than cash in global circulation. What's to be done to improve security?

Security is a personal thing like it is with cash. You don't ask what can be done to a dollar bill to make it more secure in your wallet. Just don't carry very many in your wallet at once in case you lose it.

Thank you, I understand that 'eggs in a basket', I was really trying to understand the 3-way security used like escrow, I don't understand it properly. I have a lot of application for this if I can understand it?

Oh, I don't think most of these scams happened because of failure to use escrow. The people that were scammed sent their coin to a service and the service didn't secure it or failed to properly secure their wallet. Here's a method for securing your wallet if you need one. https://bitcoinpaperwallet.com

As far as using escrow, there are fairly simple ways of doing it being developed. Not all of them are completed projects.
https://ggdice.com/webescrow_nm#
https://crashcoherency.net/multisig/