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It will take some time for the infrastructure to mature.
by azth 5y ago
It will take some time for the infrastructure to mature.
- djbusby 5y agoAnd until then? We just say "oh, fraud, oh well"?
- VWWHFSfQ 5y agoThis is what banks and credit card companies do already. It's the cost of doing the business. If someone steals your credit card and uses it then you're not responsible, the bank is. And you get your money back. But there's no such recourse or security for individuals in this new system.
- azth 5y agoStraw man argument.
- cactus2093 5y agoIt's been 10 years, meanwhile everyone is hyping up how awesome and fast-moving the "web3" space is and how all the best developers have left their day jobs and are building for it. What's taking so long?
- hanniabu 5y agoThey're literally building all the foundational infrastructure from scratch. It took the web a long time to mature as well.
- astoor 5y agoweb3.js has been around for at least 5 years. Think how much the WWW evolved in that amount of time.
- hanniabu 5y agoThink about how far we came from bitcoin to ethereum and defi.
- UncleMeat 5y ago"How can I safely authenticate myself" is not being built from scratch. People were working on that problem for many decades before Satoshi came along.
- whywhywhywhy 5y agoNothing in this incident is to do with "web3" tech, the coins were on an exchange which is centralized "web2" tech.
- danielvaughn 5y agoI might be wrong, but my concern is that attackers will mature as well. At the end of the day, putting your security entirely in your own hands is a level of liability that most people aren't willing to take on. I like some of the ideas in the cryptocurrency space, but I really wish they would openly contend with the fact that centralization has its benefits.