top | item 7971704

(no title)

mriou | 11 years ago

This is incorrect. You can have servers using multisig too, it increases the overall security of the transactions, especially if the different private keys are stored in different environments (different datacenters, different OS, etc.).

Regarding the blind signature: yes, you can check it and in most cases it's just checking a series of bytes at a given position in an array. One line of code. Building a multisig transaction locally? Good-luck doing that.

Also I've heard many times arguments along the lines of "my security is better than yours, I don't trust you". It's reminiscent of those arguments about cloud providers like AWS, "my outages are better than yours". The point is we are focusing solely on block chain infrastructure: the security, performance,and reliability. It's our expertise. Is it yours?

discuss

order

moe|11 years ago

Also I've heard many times arguments along the lines of "my security is better than yours, I don't trust you". It's reminiscent of those arguments about cloud providers like AWS, "my outages are better than yours".

I guess this is where sufficiently advanced incompetence becomes indistinguishable from malice.

In either case, I strongly advise everyone to refrain from ever using any bitcoin service that you may be involved with.

asdfaoeu|11 years ago

> Regarding the blind signature: yes, you can check it and in most cases it's just checking a series of bytes at a given position in an array. One line of code. Building a multisig transaction locally? Good-luck doing that.

Code? Better yet include it on your examples.

mriou|11 years ago

Will do, thanks a lot for the feedback.