Re:Bitcoin has died 166 times, so far
by colordrops on Wednesday September 20, 2017 @03:59AM
(#15291616)
Do you understand the Bitcoin security model? It has not been broken. And do you understand what "woo" means? Your hand wavey proclamations about Bitcoin fit the bill.
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Re:Bitcoin has died 166 times, so far
by madshiva on Wednesday September 20, 2017 @04:29AM
(#15291714)
A good model would not allow wallet attack...
Re:Bitcoin has died 166 times, so far
by nikcub on Wednesday September 20, 2017 @04:48AM
(#15291788)
Wallets aren't part of Bitcoin - they're an implementation abstraction. The blockchain gives you unspent transaction outputs and a way to verify them and sign a script to unlock them.
The key management involved in a Bitcoin wallet faces the same problems and complications as any other implementation of crypto and user key management faces. Some have implemented it well, some have implemented it poorly.