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Re:Webcash: Peer-to-peer electronic cash with no blockchain by kanzure on Sunday July 31, 2022 @08:37AM (#32295106)
> Security: The centralized server is an open invitation to hackers.

There are many centralized web services that operate around the world with high security. There's a large array of conventional techniques for securing servers. Admittedly most people and companies are bad at this.

Re:Webcash: Peer-to-peer electronic cash with no blockchain by jqpabc123 on Sunday July 31, 2022 @09:59AM (#32295519)
There are many centralized web services that operate around the world with high security.

I know. I have run one for over 20 years. My solution --- build a unique, custom, single purpose web server software that only supports a very strict set of functionality after every single request has been thoroughly vetted.

I see the attacks mounted against my server on a daily basis --- mostly focused around canned, off the shelf server software and the endless flaws and shortcomings in either the software itself or how it is configured.

A server dealing with money will likely attract increased attention and sophistication.

Admittedly most people and companies are bad at this.

My point exactly.