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by jackb4040 925 days ago
It will not; this is an identical attack to the Copay wallet hack over 5 years ago.

Solutions like lavamoat have been proposed and implemented in places, but they will not scale to the entire industry. There's a bigger problem in how innovation speed / developer convenience is inversely related to security.

In many cases it's literally cheaper to just wait for an attack and make victims whole. And even if not, it's hard to explain to your investors why it takes you half a year to build a product that took your competitors a month, so you just pretend the threat doesn't exist.