News for hackers. Stuff that matters.
Re:Kik, once valued at $1B, is to be closed by junipertea on Thursday September 26, 2019 @03:44AM (#21079034)
You put cash in a bank.
Re:Kik, once valued at $1B, is to be closed by Lucadg on Thursday September 26, 2019 @03:53AM (#21079067)
You can put your seed words in a bank safety deposit box.
Re:Kik, once valued at $1B, is to be closed by davidgerard on Thursday September 26, 2019 @04:02AM (#21079097)
Safety deposit boxes turn out not to be secure or guaranteed. https://www.bloomberg.com/opinion/articles/2019-07-22/don-t-...
Re:Kik, once valued at $1B, is to be closed by Lucadg on Thursday September 26, 2019 @05:49AM (#21079542)
It depends on the country but I agree. Being programmable money I expect better solutions to come in the future. This is a recent and interesting one https://blog.trezor.io/shamir-backup-the-revolution-of-priva...
Re:Kik, once valued at $1B, is to be closed by Fnoord on Thursday September 26, 2019 @06:50AM (#21079781)
> Based on a cryptographic algorithm created by Adi Shamir, publicly known as Shamir’s Secret Sharing, Shamir Backup is a revolution in how you use, store, and protect the backup of your private keys.

A "revolution". They just applied SSS. Hardly rocket science.