{"id":9463,"date":"2013-03-09T12:18:11","date_gmt":"2013-03-09T18:18:11","guid":{"rendered":"http:\/\/bucktownbell.com\/?p=9463"},"modified":"2013-03-09T12:18:11","modified_gmt":"2013-03-09T18:18:11","slug":"first-bitcoin-hedge-fund-launches-from-malta","status":"publish","type":"post","link":"http:\/\/bucktownbell.com\/?p=9463","title":{"rendered":"First Bitcoin Hedge Fund Launches From Malta"},"content":{"rendered":"<blockquote><p>The private key itself is AES-256 encrypted. After exporting Bitcoin private keys from wallet.dat file,<strong> data is stored in a TrueCrypt container on three separate flash drives.<\/strong> Using Shamir\u2019s Secret Sharing algorithm, the container password is then split into three parts utilizing a 2-of-3 secret sharing model. Incorporating physical security with electronic security, each flash drive from various manufacturers is duplicated several times and, together with a CD-ROM, those items are vaulted in a bank safety deposit box in three different legal jurisdictions. To leverage geographic distribution as well, each bank stores only part of a key, so if a single deposit box is compromised, no funds are lost.<\/p><\/blockquote>\n<p>via <a href=\"http:\/\/www.forbes.com\/sites\/jonmatonis\/2013\/03\/08\/first-bitcoin-hedge-fund-launches-from-malta\/\">First Bitcoin Hedge Fund Launches From Malta &#8211; Forbes<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The private key itself is AES-256 encrypted. After exporting Bitcoin private keys from wallet.dat file, data is stored in a TrueCrypt container on three separate flash drives. Using Shamir\u2019s Secret Sharing algorithm, the container password is then split into three &hellip; <a href=\"http:\/\/bucktownbell.com\/?p=9463\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[742,338,741,101],"class_list":["post-9463","post","type-post","status-publish","format-standard","hentry","category-technical","tag-bitcoin","tag-encryption","tag-finance","tag-security"],"_links":{"self":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/9463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9463"}],"version-history":[{"count":0,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/9463\/revisions"}],"wp:attachment":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9463"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}