Quote from: NewLiberty on November 06, 2014, 08:03:11 PM

Quote from: cypherdoc on November 06, 2014, 07:52:48 PM

don't forget that Blockstream is a risk as well.

Good point.
I'd likely have put that in the confidence category. The conflict of interest is a bit tragic.
I am hopeful that it would get resolved sooner rather than later.
It is sort of a weird one. Its like some operating system team members are leaving to go work on "InstallShield" (remember that?).

Historically, in security software development, the installer is the principle place to introduce vulnerabilities. Owning the installer is a privileged position as it is the engine of feature distribution, and the closest persistent connection to "the customer". So I am kind of glad that it is these guys doing it. But they shouldn't be doing both.

I'm not an insider there and don't know the technology perimeter of their company.
I just really wish that there were more folks doing what they do so that we didn't have to suffer through these sort of conflicts.

I think there is possible to create very interesting Federated 2wp (using oracles, automated auditors, and human judges).
So if there is fraud attempt detected , more conflicting SPV proofs or incosistency in side-blockchain. Then human judges are required.

So even service like Gox can be used safe . :-)
Maybe Federated peg is even better than only bitcoin protocol peg. Currently I do not know SC where I want keep BTCs for decade.