mtgox failure... any implications for bitcoin/ecurrency protocol design? last heard, estimates are Mtgox lost about ~$½B ... apparently the current bitcoin market cap is around ~$8B ie Mtgox failure roughly somewhere around 1/16th the entire market cap of bitcoin, a massive amt (although the market value of bitcoin has been affected up to ¼ of total value during the crash, showing an outsize impact many times beyond total value stored by Mtgox, ie impacting overall currency user confidence). (was Mtgox possibly the largest single bitcoin bank?)

there is some talk in news articles about doing "forensic analysis" on the public bitcoin blockchain. not sure what this will turn up but it raises another question... if any kind of "forensic analysis" can be done a posteriori, why not also a priori? in other words


  does the Mtgox failure have any implication or lessons for bitcoin/ecurrency protocol design/architecture? is there a way to run algorithms by 3rd parties that can identify "banks" like Mtgox that seem to have accountability/stability issues, and esp identify them before they reach massive stability-threatening scale? (aka "too big to fail"?) ie can the architecture itself be built/adjusted with some kind of "fault tolerance" which mitigates such large (near-systemic) failures?
Yes, finances can be analyzed, but there will be wide ranges for accuracy and precision if an institution remains anonymous which would be strange.

Most likely, standards will be built in the financial community around disclosures of BTC for confidence.  Institutions that prefer anonymity or suddenly start showing disparities will probably be shunned with the latter most likely experiencing solvency troubles, exacerbating a run if bailouts cannot be orchestrated.

Welcome to the NFL, cryptocurrencies.