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If credit cards are so secure, why there are databases of usable credit cards all over the internet? The protocol is secure, the people and computers using it
by gmuslera 13y ago
If credit cards are so secure, why there are databases of usable credit cards all over the internet?
The protocol is secure, the people and computers using it are not so much, if you get the public/private key of the wallet (that must be there for you to make transactions) you get control of that wallet.
The same could be said about Tor, that even the NSA couldn't attack, so went after the other software their users were running and planting backdoors.
- PeterisP 13y agoThe fact that you can even put 'credit cards' and 'secure' in a single sentence is testimony to how security is mostly determined by the social/legal infrastructure used, not the technical security properties of the protocol. By itself, the current concept of creditcards are probably the most insecure protocol that can be imagined - but people have made it work by doing a whole lot of things in the infrastructure. Technical things such as encryption of the numbers in transit&rest; social things such as not leaving the cards physically accessible to others; and legal things such as laws allowing chargebacks in case of fraud. Bitcoin? What good is a secure protocol if there's no recourse if a "bank" simply takes your money and disappears?