Dear Mt.Gox Users,
Its no secret that since Tibanne took over Mt.Gox in March 2011 weve had a bumpy road, both in terms of growth and security. The violation of our exchange that took place in June has left an ominous cloud hanging over us and in part, Bitcion and the community. It has taken us several months to reestablish the level of trust we have now, and we feel as the leading Bitcoin Exchange it is our place to continue to set the model of trust for companies whose business revolves around Bitcoin.
Today we will be putting up a deck, aptly called Transparency where you will find basic information about Mt.Gox including operation cost, basic security details, revenue, turnover and so on...
A update to this document will be done every three months or so and we plan to provide as much information as possible without breaching our companies security or competitive advantage. Also, please note that this iteration is a first attempt and we plan to refine subsequent attempts in an effort to be continually more accurate and clear. Your feedback on this deck is of course welcome!
Also, we plan to have this document verified by third party auditors for future releases, however we want to set a realistic expectation this may not happen by the next quarter.
We sincerely hope that our effort here will be mirrored by other exchanges, Bitcoin related business, and that we have the communities backing on this move.
Transparently,
The Mt.Gox Team.
Excellent! As a customer I couldn't be happier to read this and I feel now more assured about having my business with you than ever before. Really huge props for being first to make this move which is word for word what I suggested to cryptoxchange!
You see cryptoxchange? This is what you could have done and been first to get an edge, but you dropped the ball..