The Bitcoin community is abuzz about what appears to be a new company launched by Mark Karpeles, whose MtGox exchange collapsed taking with it hundreds of thousands of bitcoins.
The company, according to its site forever.net, engages in the sale of Virtual Private Server (VPS) and VOIP (Voice over IP) services. It claims a 50 Gbps backbone, connection to “No.1 Worldwide Providers” and “Burst speeds of 1 Gbps”. On the Company Details page, the enterprise is described as follows:
“TIBANNE Co.Ltd. is a Tokyo, Japan-based corporation founded in 2009 by talented technopreneurs.
TIBANNE specializes in web hosting, IP transit, VoIP, software development and network administration. We are currently engaged in the reserch [sic] and development of new and existing services to produce innovative solutions for our clients.”
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Tibanne is the parent company of MtGox, owned by Karpeles.
A virtual private server (VPS) can be used to get the best of both the hosted server and private PC worlds, whereby one has the flexibility to install any software.
If indeed launched by Karpeles, optimists can speculate that he is looking to build upon the bitter experiences learned from the suspected hacking and theft of coins from his previous company’s servers.
Those less sympathetic feel that the new venture will be the next scandal to suck “life-changing money” from the masses.
One can also speculate that the launch is an attempt to raise funds for Tibanne, as the sale of bitcoins.com was recently blocked by a Seattle court.