Comment: Speaking of inserting data

(See in situ)


Speaking of inserting data

One of the problems with bitcoin is that you *can* insert arbitrary data into the block chain, and since the block chain is permanent -- *every* transaction is publicly recorded for all time -- being able to insert arbitrary data means you've got a distributed, permanent data store.

http://globalguerrillas.typepad.com/globalguerrillas/2013/04...

Here are some other bitcoin weaknesses:
https://en.bitcoin.it/wiki/Weaknesses