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A comment on Binance-hacker-1029 – $5.6B stolen from Binance. Parent comment

Re:Binance-hacker-1029 – $5.6B stolen from Binance by idiotsecant on Friday October 30, 2026 @12:09AM (#50299775)
It's not at all like storing gold, since you can have multisig wallets. You can make it arbitrarily difficult to lose or get stolen, depending on how thinly you want to slice your secrets and how many friends you have.
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Re:Binance-hacker-1029 – $5.6B stolen from Binance by UltraSane on Friday October 30, 2026 @12:48AM (#50299964)
"you can have multisig wallets"

This falls under "extraordinary precautions" that few people do and is an enormous error prone hassle.

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Re:Binance-hacker-1029 – $5.6B stolen from Binance by idiotsecant on Friday October 30, 2026 @08:25AM (#50302966)
It's not an enormous error prone hassle there are third parties that make it pretty intuitive. Just because you don't know how to do something doesn't mean it is impossible.
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Re:Binance-hacker-1029 – $5.6B stolen from Binance by UltraSane on Friday October 30, 2026 @02:15PM (#50307984)
Can you really imagine the average person ever doing this? Or even understanding how multisig actually works? When you need to start engraving wallet addresses in titanium you have to step back and ask about usability.

https://cryptotag.io/

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Re:Binance-hacker-1029 – $5.6B stolen from Binance by idiotsecant on Saturday October 31, 2026 @05:38PM (#50320491)
Is this what you think multisig wallet ux looks like in 2026? You should educate yourself a bit better if you're going to be opinionated.
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Re:Binance-hacker-1029 – $5.6B stolen from Binance by UltraSane on Saturday October 31, 2026 @07:41PM (#50321361)
What DOES it look like in 2026? Can the average non-technical 70 year old use it?
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