3 ms·

Exactly. Remember the recent Parity wallet fiasco? https://www.theregister.co.uk/2017/11/10/parity_280m_ethereum_wallet_lockdown_hack/ https://www.theregister.

• DennisP 9y ago
  The general principle applies but just in case anyone's confused, Cipher's wallet is a client running on the phone, and Parity's wallet was a smart contract running on the blockchain. It's a bit unfortunate that the term got reused for multisig contracts.