Mt Gox

From CryptoWiki

Revision as of 07:07, 19 May 2021 by wiki_crypto>Zeb.dyor (Adding categories)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Basics

"In the early days of crypto centralized exchanges began to emerge, horrifying the hardcore decentralization-focused cypherpunks. Trust is a luxury of optionality and there was almost no competition for any given job-to-be-done. These conditions allowed MtGox to simultaneously have 70% of the Bitcoin market and absolutely no controls upon which users could place their trust."

Team