4 ms·
In other news - "use vault, the regular wallet is insecure".
by spacefight 12y ago
In other news - "use vault, the regular wallet is insecure".
- kolev 12y agoYes, there shouldn't be degrees in security - a system is either secure or not.
- wmf 12y agoThe threat model here is people leaking their own Coinbase passwords (via phishing, compromised PC, etc.), so the 48-hour delay and out-of-band verification ought to actually help.
- kolev 12y agoSo, 72-hour delay is even more secure?
- AndrewGaspar 12y agoYep, and if you dump all your coins into an account with no private key, nobody can get your bitcoins ever, so that's really what everybody should do.
- kolev 12y agoAll sarcasm aside, Bitcoin is becoming more and more centralized everyday.
- josephlord 12y agoWell then nothing is secure. At least as far as a whole system goes including the soft squishy components designing, developing and operating it. Even for cryptography the only absolute proven secure method is the one time pad which has very real practical flaws and risks if you try to operate it in the real world.
- mhluongo 12y agoOf course that's not true. Convenience / security trade-offs are common, and lie on a spectrum.
- spacefight 12y agoHardly a valid point if it's money related, but that's just me then, as the downvotes imply.
- weavejester 12y agoEven if it's money related. Carrying physical cash around with you is convenient, but not as secure as storing it in a bank.