Bitmessage – An Encrypted Communications Platform Based On Bitcoin

cryptojunky.com

7 pointsCryptoJunky4 comments

Have the blatant security problems been ironed out?

http://bitslog.wordpress.com/2012/11/30/bitmessage-completel...

I believe these issues were addressed with the release of version 0.2 a few weeks back. The link to the Reddit post on it is below

http://www.reddit.com/r/bitmessage/comments/17muuv/bitmessag...

The updated version 2 is not backwards compatible with the version one because of the problems mentioned.

I just imagined the size of transactions database after 2-3 years of wide adoption.

That was my first thought too. Setting up a Bitcoin client currently requires the download of around 7GB of historical data, as I recall.

The four-minute proof of work also worries me: do I have to toast my laptop for four minutes every time I want to send a message? That's going to be bad for battery life.

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