Re:Exodus Bitcoin Wallet: $490k swindle
by cassepipe on Wednesday February 21, 2024 @08:27AM
(#39453472)
Well maybe if you have 500000 dollars worth of bitcoin you can invest some of it in good security practices and products ?
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Re:Exodus Bitcoin Wallet: $490k swindle
by sjducb on Wednesday February 21, 2024 @08:57AM
(#39453848)
How do you find products to trust?
You don't really need to trust. For significant amounts of value, a multi-sig setup using a number of different devices means that _all_ the devices could be compromised, but providing they are not compromised by the same attacker your bitcoin is still safe.
Re:Exodus Bitcoin Wallet: $490k swindle
by sjducb on Wednesday February 21, 2024 @01:24PM
(#39457471)
What if the multi sig software is compromised?
When I said "different devices" I meant different types of devices (i.e. all running different SW) - sorry for not being clearer.
For example you might create and sign the transaction with Sparrow on your PC and then pass it to/from BlueWallet on a mobile to co-sign it via QR code.