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Bitcoin Exchange BitFloor Says It Will Replace Stolen Coins
angry tapir writes "Bitcoin exchanges generally don't seem to recover that easily after security breaches. However, BitFloor, which was hacked and had 24,000 Bitcoins stolen in early September, is coming back online, refunding account holders whose coins were stolen and implementing new security measures, including cold storage for private keys." The key word is "intends" — but I hope it happens as promised.
They are going to resume operation and earn money via trading fees. Assuming they get enough volume the profits will eventually be able to replay the depositors.
In other words they will try to earn their way out of insolvency.
Yes, the anonymity lies in throwaway email addresses that have no association with your real name.
"When information is power, privacy is freedom" - Jah-Wren Ryel
There are no discrete "coins". There are only addresses and balances.
No one can make any more bitcoins than the pre-defined scheduled amount, and no one can guarantee that they're able to make them for themselves.. It takes a lot of (computer) work, and a bit of luck.. You basically buy lottery tickets to winning newly created money by agreeing to do work to process transactions.. That's not exactly right, but it'll get you a lot closer to understanding the system than where you're clearly at..