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And therein lies the seed of the eternal cat-and-mouse game that is key management. Technically, each layer of security you impose is also an impediment to the
by sunchild 15y ago
And therein lies the seed of the eternal cat-and-mouse game that is key management.
Technically, each layer of security you impose is also an impediment to the bitcoin market's liquidity.
- weavejester 15y agoTechnically true, but no-one can sell off 500k bitcoins without the market crashing anyway, so from a practical perspective, no liquidity is lost.
- sunchild 15y agoAgreed. It seems the real fallout of this incident is the fact that the rollback can never recover BTC taken out of the exchange accounts and put into anonymous local "wallets". I wonder who will cover those losses?