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Then don’t use it haha. There’s always so many HN users talking up these so-called breaches and acting like they matter when they probably have a grand total combined spend authority of $100 for snacks at the weekly happy hour.
I was a pre-sale investor in Ethereum, have been in Bitcoin since it was Next up, Coinbase NFT verification services (Sotheby's of the future!). My sides are sore.
Will this service be using Rust?
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That's nearly 4 days out of service a year with no recourse. This should be unacceptable for any financial service.
4 whole days! They'll never recover from this, right?
Didn't Microsoft Azure's blockchain platform fail? It was shutdown earlier this month [1]. How is this different and/or better? [1] https://www.siliconrepublic.com/enterprise/microsoft-azure-b...
I think Microsoft and others like IBM failed to “get it”. They tried to adopt blockchain tech without the cryptocurrency aspect, failing to realize there needs to be a built-in incentive structure for people to participate on any blockchain network. Mining, staking, and other proof / reward systems are required for any blockchain tech to get off the ground.
https://en.wikipedia.org/wiki/Embrace,_extend,_and_extinguis...
99% uptime guarantee is embarrassingly low.
They were probably faced with decision: Release now and improve over time, or don't release now. We don't live in the time of option B. Option B is the path of ruin.
We absolutely live in a time where you can engineer things well, especially at the scale of a publicly traded company. They aren't some scrappy startup desperately trying to get their first users.
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If all your customers get sim swapped because you offered 2FA over SMS then it's your fault as a service provider.
"all" customers? Or do you mean 6,000 out of 60m +?
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Don't we already know it wasn't actually a breach?
If all your customers get sim swapped because you offered 2FA over SMS then it's your fault as a service provider.
Make of that what you will.
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If that is the net you are casting that is going to be a very wide net. SMS 2fa isn’t great but there are lots of places that use it.
They should all be liable for damages if anything bad happens as a result of account misappropriation IMO