Bitcoin theft and the future of cryptocurrencies

[Michalis Kargakis]

It's unlike that most Internet users know how BGP works (said elsewhere).

-------- Original Message --------
On Dec 15, 2017, 21:54, juan wrote:

> On Fri, 15 Dec 2017 14:49:57 -0500 Michalis Kargakis  wrote: > Yet most Bitcoin users and definitely the rest of people don't how to > use cold storage or even what it means. > > There is work that needs to be done in order to bring it to the > masses. so the masses need to learn the basics of cryptography at the user level, and the basics of information security. luckily we have governments and their free public schools > > -------- Original Message -------- > On Dec 14, 2017, 17:36, juan wrote: > > > On Thu, 14 Dec 2017 16:27:14 +0200 > > Georgi Guninski wrote: > > > >> On Wed, Dec 13, 2017 at 10:43:10AM -0800, Steven Schear wrote: > >> > On the one hand Satochi pitched Bitcoin as a cash-like system. > >> > What can happen with cash under careless handling and storage? > >> > OTOH, Bitcoin's > >> > >> I strongly suspect Satoshi doesn't keep their large wallets on > >> internet connected machines > > > > yeah, you know, paper wallets/cold storage isn't exactly > > news.... > > > >> and will never carry so much cash on the > >> street. > >> > >> > crypto nature lends itself to novel solutions such as multisig > >> > pools that can be used to prevent this type of fraud and theft. > >> > See Stash Pool explanation at Stashcrypto.com. > >> > > >> Thanks, will take a look. On the cryptography list was suggested > >> that hardware wallet gives some protection. > >> > > > > @guninski.com> @protonmail.ch>
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