If the owners are anonymous, it's a bit sketchy, but if the founders are transparent like Mr. D'Agosta of Poloniex, it can
build user confidence.
The DFS highlights three areas of particular concern: ensuring payments are processed quickly to
build user confidence that money will not «get stuck in a digital black hole»; ensuring virtual currencies do not become the tool of choice for terrorists, drug smugglers, illegal weapons dealers, money launderers, and human traffickers; making sure that the use of bitcoin as an investment is governed properly.
We had to make sure we provide a very secure service with a money back guarantee to
build user confidence in the market.
Knowing about the owner of an exchange — like Tristan D'Agosta of Poloniex, LLC, for example — reflects transparency and
builds user confidence.
Not exact matches
As a result, they are working to enhance transparency, verify identities, and provide other systems for screening
users and
building confidence with customers.
The company also uses Secure Socket Layer (SSL) for authentication and private communications in an effort to
build users» trust and
confidence in the internet and website use by providing simple and secure access and communication of credit card and personal information.
TRUSTe is an independent organization whose mission is to
build users» trust and
confidence in the Internet by promoting the use of fair information practices.
I'm not saying Bitcoin will never be superseded by another cryptocurrency as Bitcoin does indeed have limitations regarding its use of a transactional system like Visa for instance, but in order for another cryptocurrency to gain more dollar value than Bitcoin, it would need to have a bigger network effect, meaning more
users and plus the same amount of trust or
confidence which Bitcoin has
built up since January 2009.
Coming to some of the caveats as mentioned above, rovo89 says that the
build has only been tested on Arm64 (AArch64) hardware on his Nexus 9, but expresses
confidence that ARMv8 and x86 / x86 -64
builds will also be stable enough, meaning,
users running Marshmallow on older devices (Snapdragon 200, 400, 600, 800/801 come to mind) and Intel - based handsets and tablets will also be able to install and use the software — provided of course, they already have root access.