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by npoc 474 days ago
I assume you haven't heard of m-of-n multi-signature vaults?
1 comments
ttyprintk 474 days ago
ByBit heard of n-of-m.
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npoc 474 days ago
Shame they trusted information they read in a web browser rather than verifying it on an independent offline device....

The average bitcoiner pleb with a single air-gapped signing device has better security.

It was a rookie error, helped by the overly complex nature of Ethereum.

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throwaway657656 474 days ago
That's my point. It reminds me of when the greatest smart contract writers in the world got "hacked" by what was in the retrospect, a rookie error. We now have ETH and ETC which no one at the time (I'm a former miner) would have thought was possible.
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npoc 473 days ago
"Smart" != common sense.

K.I.S.S., especially when it comes to money.

Tick tock, next block...

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