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    Author Topic: Exchange insurance in BTC (sort of)  (Read 339 times)
    jubalix (OP)
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    August 03, 2016, 12:16:13 AM
     #1

    Would it be possible that an exchange put away 0.1% of all trading profit to a cold wallet verifiable address, just in case of a Hack.

    Now I realize this address itself could be hacked, but if it was held in multisig by trusted escrows, that should be pretty secure.

    I also realize that is may encourage for insider jobs who just go meh, you have insurance, and this extra become trading margin becomes the excuse for higher fees, and less security.

    However something like this if done right may attract a a lot more market share of trading and spread risk.



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