Does this new release enforce password encrypting of the wallet?
Anyone able to confirm that the new wallet enforces encrypting the wallet as a default condition on install?
it doesn't, wallet security is something personal. The option is there, if you don't use it, your fault. It's the same with 2FA on exchanges, it's there but if you don't activate it, it's your own fault your account got hacked.
If you would force people to encrypt their wallet after a few days people will cry that they forgot their password and have now lost all their coins.
Thanks.
Reminds me of when wifi routers first came out. Security was turned OFF by default. Now security is turned ON by default as the industry realised that end users can not be expected to find and turn on security features to protect themselves from hackers. Security is now default ON.
ARCh wallet is therefore still failing the customers as it does not require the customer to implement what you all consider a minimum level of security and puts the end customer in a position of suffering a greater loss than would otherwise occur if the ARCH wallet had enforced the minimum security level of password protection defaulted to ON in the event the ARCH software is obtained by a third party.
It would appear that ARCH is quite comfortable with having legitimate shareholders tokens taken from their supplied software and those stolen shareholder tokens passed on or sold to parties who are not entitled to hold those tokens and acknowledges that the holders of those tokens may be accepted to management positions within the ARCH business.
Very interesting business model there as ultimately you may end up with management comprising a unknown number of criminals having obtained positions by way of obtaining stolen tokens either knowingly or unknowingly.
The tokens are traceable by ARCH if they so desire are they not?
Class Action Suit anyone for losses incurred to date?