[Anderkent]

> Yeah, no, there's still a need for hot wallets which can be spent automatically by a server and these were basically the only ones stolen.

The point is that you don't need a hot wallet if you support multisig - the coins never go to the service provider, they stay in the users wallet.

[kolinko]

Depends on what you're trying to do. If you want to run an exchange, the exchange needs full access to keys. Unless it's an exchange running on a smart contract on distributed oracles ( http://orisi.org ) :)