Considering the frequency with which this kind of thing occurs to cryptocurrencies, you (well, I) have to wonder whether half the time it isn't intentional...
A vulnerability in Parity's Ethereum wallet software has been exploited by thieves to rob victims on a massive scale. A few hours ago, Parity told its users to move their ETH holdings from their in-browser wallets to more secure accounts immediately: IMPORTANT: SECURITY ALERT: https://t.co/h5vc0KwAxS Move funds in multi-sig …
The stuff of nightmares.... How to sleep well when someone could be uploading the next pull request that could kill off entire holdings. Bad day to be out sick / on-holiday / out of contact... Its all the other holes too laying undiscovered that brings panic attacks. Good luck to those getting in early...
"Who wants anonymous crypto currency to fail
Nobody Seems Aware. Not Sure Actually. No-one's Seen Anything."
So when cars are stolen it's Greenpeace and Friends of the Earth who nicked them, because they're the ones who want cars to fail?
Behave, this is the Internet, it's for serious discussion, not.... Nope, can't get through that sentence.
Thanks for the article, it helps me feel better about not getting into Bitcoin when it was at $1!
It's a complicated feeling to be happy about problems with a system you didn't participate to and that would have made you millionaire if you had. Maybe. There must be a German word for that.
The problem with crypto and digital currencies is both are tricky and both have very serious consequences if you f**k up.
IBM Federal Systems developed the ways needed to handle those concerns about 4 decades ago.
It would be nice if others realized that's what you need to do to stop f**king up.
"I think it was Tim Worstall, late of this parish, who remarked that cryptocurrencies seem to be heading towards faithfully reproducing every mistake ever made down the centuries by conventional financial systems."
It's almost like the designers of cryptocurrencies never read any history of economics, but that's obviously a ridiculous thing to say.
Biting the hand that feeds IT © 1998–2022