> These things happen every day, but happening to a core developer (if confirmed!) who has a deep understanding of the systems and security indicates just how fragile crypto can be (in my opinion)
Because no one can create secure software yet, Bitcoin isn't 100% secure.
This has nothing to do with the security of Bitcoin. No one has ever compromised the Bitcoin protocol.
This is a case of someone expecting a single machine connected to the internet that had been compromised in the past, to not be compromised again.
Very little software has rigorous security review, even the Linux kernel. Linux Odays sell for $50-100k. If you are storing anything more valuable than that on an internet connected Linux machine, it will eventually be stolen.
Use an offline machine or a hardware wallet for anything that matters to you.
Lol… “finance” is a social construct. People are the protocol. The Bitcoin protocol is subject to a vast number of people related hacks. Other financial markets aren’t perfect, but at least they have mechanisms and acknowledge reality.
lrvick|3 years ago
This is a case of someone expecting a single machine connected to the internet that had been compromised in the past, to not be compromised again.
Very little software has rigorous security review, even the Linux kernel. Linux Odays sell for $50-100k. If you are storing anything more valuable than that on an internet connected Linux machine, it will eventually be stolen.
Use an offline machine or a hardware wallet for anything that matters to you.
numbsafari|3 years ago
unknown|3 years ago
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VMG|3 years ago
willnonya|3 years ago