Just requested one... Haven't read much about flexcoin yet but what ensures it's security over any other escrow service?
Everything is encrypted with high grade encryption, salted.. etc etc.. Comodo "green bar" SSL, firewalled... We had it audited by a bank auditing company. It exceeds banking compliance standards. The main site is just a standard http .. the banking area (on a differing server cluster) goes to the secure system.
Is it foolproof? No.
Many of you guys know the only "100% secure system" is one that is physically unplugged and turned off... and like any website on earth it can be brought down by DDOS attack.... but it does exceed what many would consider "normal security" or even "high grade security".
I threw the entire weight of my company, Yooter InterActive Marketing (
http://www.yooter.com ) into it... we normally do design, SEO for fortune 100 firms. It's most likely the first corporate backed bitcoin startup.
omg, a green bar! we should totally trust them because of that!
lolwut? high grade encryption? for what? if you're using high grade encryption for passwords then you're doing it totally wrong. what could you possibly be encrypting other than the ssl payload?
yay, banking compliance standards, sounds like pci compliance to me! i should totally trust the security simply because it has 'bank' in it!