Oct 20, 2020
only hard work
bitcomat or bitmachine?
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only hard work
bitcomat or bitmachine?
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Kit Dotson of SiliconANGLE reports on the situation at Bitcoin exchange Bitomat in which the operator claims the service's wallet was lost. Bitomat's market traded the Polish zloty against bitcoins and was on of the larger bitcoin exchanges. Some excerpts:
By keeping both the wallet and the backups on the same ephemeral virtual instance, this sort of failure is almost inevitable.
Right now, it appears that Bitomat is up and running again with a fresh wallet.dat file.
As Bitcoin becomes more and more popular, currency holders and exchanges will need to pave the way for a future where they recognize they’re trading in an valuable commodity.
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