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A comment on A faster, more efficient cryptocurrency. Parent comment

Re:A faster, more efficient cryptocurrency by packet_nerd on Monday February 18, 2019 @12:51PM (#19192547)
Crypto 101: never let anyone have your private key. No-one who religiously followed that rule has ever had their crypto stolen.

Coins go missing from exchanges, which break the basic private key rule. People use exchanges for convenience because as clever as cryptocurrency is, it has no answer to the exchange problem.

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Re:A faster, more efficient cryptocurrency by brazzy on Monday February 18, 2019 @01:59PM (#19193219)
> never let anyone have your private key. No-one who religiously followed that rule has ever had their crypto stolen.

Bullshit. No "religious" following of rules can protect you against a zero day exploit somewhere in your system.

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Re:A faster, more efficient cryptocurrency by packet_nerd on Monday February 18, 2019 @05:29PM (#19195084)
I didn't say it always will, just that it has so far.
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Re:A faster, more efficient cryptocurrency by dorgo on Monday February 18, 2019 @02:43PM (#19193662)
>it has no answer to the exchange problem

Actually, there are smart contracts which act as exchanges. Not for all currency pairs yet, but it's on the way.

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Re:A faster, more efficient cryptocurrency by warkdarrior on Monday February 18, 2019 @01:55PM (#19193177)
Crypto 102: regular people will never use cryptocurrencies if they have to guard their private keys without a fallback in place.
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