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I find it odd that you make assumptions of things like all masternode users using cold wallets instead of hot wallets, and that all masternode owners encrypt their wallets. My acquaintances that even use Bitcoin, do not encrypt or set a password for their wallets.
If you're going to say things that are optional and misrepresent them as fact, then there's no point responding to you.
If you're going to say things that are optional and misrepresent them as fact, then there's no point responding to you.
Dude are you absolutely fucking serious?
You think someone is going to learn how to set up a masternode, put 1,000 DASH in a hot wallet on it and leave it unencrypted with no backups?
So you told me that I was making assumptions(When I was stating facts, reread), when you've been making the assumptions that all masternode owners set a password and put their coins in a cold wallet?
Are you trying to troll now? What don't you understand that those things that you intentionally misrepresent as mandatory, are Optional.
P.S. setting up a masternode isn't hard at all, it's literally just a PoS wallet.
If the server the masternode was hosted on was compromised and the 1k in the hot wallet, then there'd be no moving the node.
Yes there would. You'd just send the coins somewhere else, then start again.
Or are you talking about a masternode owner has no backup of his wallet or private keys?
It's like a hacker getting someone's bitcoin wallet and saying that the original owner of the bitcoin wallet has a chance of getting his coins back.
Even if he has a backup, if the server with the node with 1k in the hot wallet's being hosted on is compromised, then theres practically no chance of them just sending the coins somewhere else(The attacker would send it to their wallet).
I dont know the % of users that have their coins in cold or hot wallets, so this is all speculation on both sides though.
So now you're assuming that the hacker has brute-forced the wallet encryption key on the rare masternode he was lucky to find with a hot wallet?
interesting assumptions there dude.
I find it odd that you make assumptions of things like all masternode users using cold wallets instead of hot wallets, and that all masternode owners encrypt their wallets. My acquaintances that even use Bitcoin, do not encrypt or set a password for their wallets.
If you're going to say things that are optional and misrepresent them as fact, then there's no point responding to you.
It is optional to set a password for your masternode hot wallet
It is optional to place your 1k coins in a cold wallet
So what you've been saying has no backing.