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by gator-io 3083 days ago
Exactly. Remember the recent Parity wallet fiasco?

https://www.theregister.co.uk/2017/11/10/parity_280m_ethereu...

1 comments

The general principle applies but just in case anyone's confused, Cipher's wallet is a client running on the phone, and Parity's wallet was a smart contract running on the blockchain. It's a bit unfortunate that the term got reused for multisig contracts.