11–20 of 25 posts
Earlier quoted context omitted.
Better now than later. It would have been even better a decade ago, but here we are.
Will this just trigger a crypto arms race? Bigger and tougher proof of work?
Earlier quoted context omitted.
Will this just trigger a crypto arms race? Bigger and tougher proof of work?
I am always hopeful that something like this might kill cryptocurrency (although I don't believe it will) - if a critical mass lose confidence in it, the network effect would collapse and people might stop wasting terawatt-hours of power on NFTs and exit scams.
like, why does it even matter? I doubt the energy usage is anywhere near AI workloads running today
the thief appears sloppy in how they stole the coins. multiple waves, linking outputs together etc.
Most would have blamed the card holder as was seen in the initial few posts that showed up on reddit.
the thief appears sloppy in how they stole the coins. multiple waves, linking outputs together etc.
Who would ever trust the built-in seed generation of a wallet? Diceware, write them down, then enter them into the wallet.
Earlier quoted context omitted.
I am always hopeful that something like this might kill cryptocurrency (although I don't believe it will) - if a critical mass lose confidence in it, the network effect would collapse and people might stop wasting terawatt-hours of power on NFTs and exit scams.
why do you care so much about that? NFTs are basically dead already and crypto is still somewhat niche like, why does it even matter? I doubt the energy usage is anywhere near AI workloads running today
Who would ever trust the built-in seed generation of a wallet? Diceware, write them down, then enter them into the wallet.
Because it's a hardware wallet. Usually these are designed to provide security by generating their own private keys and never letting the private key leave the hardware wallet. If you input the private key, you don't have the same security level.
Earlier quoted context omitted.
Because it's a hardware wallet. Usually these are designed to provide security by generating their own private keys and never letting the private key leave the hardware wallet. If you input the private key, you don't have the same security level.
Yes, a different security level - in this case, possibly a better one!