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Not until I see a security audit will I believe any exchange is secure. I believed Mt. Gox had "resolved" the basic issue of password hashing back when they wer
by ixmatus 13y ago
Not until I see a security audit will I believe any exchange is secure. I believed Mt. Gox had "resolved" the basic issue of password hashing back when they were compromised until I found out they were using a home-grown "run sha512 1000x" solution.
That, plus I know as a programmer I like to think I'm disciplined enough to be a secure programmer until my software is audited or pentested. Then I realize how naive I really am.
Like I said, I'm not trusting any exchanges until I start seeing rigorous security measures (more than "security is our #1 priority" bullshit) in the form of audits, pentesting, and etc...
That said I also know very few people that actually use their personal BTC wallets and encrypt it with GPG + a two factor challenge (to avoid the possibility of key loggers).
- tlrobinson 13y agoBetter yet, assume it's not secure and don't store funds there. Deposit, trade, withdrawal.* *does not apply to day traders
- homakov 13y agoNot until I see a security audit will I believe any exchange is secure definitely! Everyone saying "im secure" must also say "the X will prove it"