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Commenting on the events, CSO Nick Percoco, said: “Don’t trust, verify. This core crypto principle is more relevant than ever in the digital age. State-sponsor
by anonymousiam 1y ago
Commenting on the events, CSO Nick Percoco, said:
“Don’t trust, verify. This core crypto principle is more relevant than ever in the digital age. State-sponsored attacks aren’t just a crypto, or U.S. corporate, issue – they’re a global threat. Any individual or business handling value is a target, and resilience starts with operationally preparing to withstand these types of attacks.”
It's funny to see the CSO of a crypto firm say this. It's the opposite of the whole way crypto works. In crypto, the transaction is processed (trusted) if all the credentials and keys are correct, regardless of who's behind it.
- udev4096 1y agoApart from that, he is running a crypto exchange which is completely against the whole ideology of bitcoin and other notable crypto. The guy is a fucking joke. Every crypto exchange has been extremely shady, from coinbase to binance to tether. Kraken is no different
- gouggoug 1y agoNot to mention the silliness of this statement: "This core crypto principle is more relevant than ever in the digital age" I wonder what crypto-currency looked like before the digital age... Edit: added -currency suffix to crypto :p
- arandomhuman 1y agoOne time pads, enigma machines, Caesar ciphers :p
- taeorg74 1y agoI mean if the credentials are correct than they transaction is by design verified and trusted.