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Well, if the police was asking for the private keys that protected my million-euro stash of drug money... I would have 'lost' them too. In that vein, I wonder i
by aedron 7y ago
Well, if the police was asking for the private keys that protected my million-euro stash of drug money... I would have 'lost' them too. In that vein, I wonder if they keep an eye on the wallets, and for how long.
- londons_explore 7y agoIf I were in their position, I would sign up for one of those services that alert you when coins move. I run one [1]. I'd then set the alert to go to coldcases@police.ie saying "new evidence on case number xxxx". That way even if the current staff retire, it'll be followed up on. [1]: https://serverthiefbait.com https://serverthiefbait.com
- RL_Quine 7y agoThe chance that some random service run in the Bitcoin space exists in even a years time is vanishingly small. Yes, even yours.
- BubRoss 7y agoIt is plausible to run a service on a $5 VPS. Pay $120 ahead of time and you have it for two years. I don't know why you think it would be so fragile. It wouldn't be difficult to run locally either.
- antsar 7y agoUntil it gets owned by an unpatched CVE, anyway.
- londons_explore 7y agoPretty hard to own a VPS which has no external ports open, even if the software on it is years out of date. In fact, updating software is probably a bigger security risk than not doing so, because you never know when someone manages to package a malicious bit of code into a common debian package. Also, if it did get owned, I'd just have to spend a few hours rebuilding it - no bitcoin wallets or anything to steal on there.
- antsar 7y agoFair point about updates being a mixed bag. But “no ports open” doesn’t always mean safe. Maybe someone can pass some evil bits inside transaction metadata? (Disclaimer: no idea what I’m talking about w/r/t transactions, or how much parsing you’re doing)
- BubRoss 7y agoIf that were possible it would be exploited on every instance of the insecure software. Luckily what you are saying is far fetched. Why is it that you think a VPS is some fragile thing that is sure to be exploited? There are literally millions of instances chugging away, serving up files. Let's use our best judgement.
- BubRoss 7y agoSound like FUD, what reason do you have to think a VPS set up correctly would have such a high probability of being exploited? What numbers do you have that show this is common? (Also, again, someone could easily run something locally)
- londons_explore 7y agoIf I close down, I have to refund all my customers. And it isn't a limited company, so those refunds come out of my personal bank balance. You can bet I'll be running it for 10 years.
- RL_Quine 7y agoI’ll hold you to that.