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Re:153k Ether Stolen in Parity Multi-Sig Attack by mpeg on Thursday July 20, 2017 @05:31AM (#14811078)
Exactly, you are deploying code to the cloud that you didn't write and trusting it with your money.

So many things wrong about that, it's the cryptocurrency equivalent of installing random software packages on your critical servers.

Re:153k Ether Stolen in Parity Multi-Sig Attack by zfran on Thursday July 20, 2017 @07:59AM (#14811660)
actually the best practice is not writing your own code and using thoroughly audited industry standards. Writing your own smart contracts for things that other people have already done and secured is akin to rolling out your own cryptography. Obviously, just like it's happened with openssl in the cryptography equivalency, this can also go wrong, but it's less likely.

If you write your own you should get your code audited by a specialist, or many, before deploying.