4 ms·
what do you mean? multisig with quorum has been supported by many hardware and software wallets for years. you cannot kidnap one of the signers and steal all th
by kobalsky 2y ago
what do you mean? multisig with quorum has been supported by many hardware and software wallets for years. you cannot kidnap one of the signers and steal all the money.
in this case most of the ransom has been blocked which isn't new. many of the major crypto heists ended with arrests due to traceability of the funds or unusable funds due to blacklists.
- dboreham 2y agoYou don't need to kidnap all the signers, just enough such that all the signers feel compelled to sign the ransom payment transaction.
- __MatrixMan__ 2y agoAre you proposing that these measures have made crypto just as safe or safer for the average person to work with than fiat? It's nice that there are tools available to prevent such things in theory, and it seems like there's some traction in the right direction, but what matters is whether it's safer in practice. I'd love it if that happened soon, but it doesn't seem likely.