> the same people will talk about meticulous cold storage key exchanges with someone always being there to watch, driving into the desert for bootstrapping secrets, and then for their actual operations, deploy unverified contracts
Although they, or their predecessors, didn't necessarily do the former in the first few years of Bitcoin. Lots of exchanges, including the very biggest, were compromised and robbed.
Maybe there's a cycle where particularly terrible outcomes help to create a new consensus on basic safety precautions.
Although they, or their predecessors, didn't necessarily do the former in the first few years of Bitcoin. Lots of exchanges, including the very biggest, were compromised and robbed.
Maybe there's a cycle where particularly terrible outcomes help to create a new consensus on basic safety precautions.