Post
Topic
Board Bitcoin Discussion
Re: Bitcoinica Warning: Please do not re-use any old Bitcoin deposit addresses
by
btc_artist
on 02/03/2012, 04:18:13 UTC
All customer passwords were encrypted with BCrypt.
The correct term is "hashed", not "encrypted". Huge difference. Smiley

i sure hope Zhou knows the difference  Roll Eyes
Well, he mentioned BCrypt, which is a hashing function, not an encryption function.  I think he just inadvertently used the wrong term here.