So after Binance recovers from their recent hack, CZ goes around disclosing information such as the below.
Can someone explain the following:
1) Why are they making such disclosures? Wouldn't they make it easier for hackers to get to them? For example, just for the sake of argument (know it's a bad argument because of math, large numbers, publicly visible to begin with but just put that aside) - if you provide the address hackers can begin trying to brute force it. But if you don't disclose it, a hacker would not even know where to start. It's like a robbery victim pointing hackers where to attack next.
Think the question here is: why are they comfortable with hackers knowing such information.
2) Why do they appear to use only ONE address for BNB cold wallet? Isn't this like putting all your eggs in one basket?
3) Likewise, how many hot wallets addresses do they use? Any way to find out such information?
Clearly know nuts about this. Thanks.
Can someone explain the following:
1) Why are they making such disclosures? Wouldn't they make it easier for hackers to get to them? For example, just for the sake of argument (know it's a bad argument because of math, large numbers, publicly visible to begin with but just put that aside) - if you provide the address hackers can begin trying to brute force it. But if you don't disclose it, a hacker would not even know where to start. It's like a robbery victim pointing hackers where to attack next.
Think the question here is: why are they comfortable with hackers knowing such information.
2) Why do they appear to use only ONE address for BNB cold wallet? Isn't this like putting all your eggs in one basket?
3) Likewise, how many hot wallets addresses do they use? Any way to find out such information?
Clearly know nuts about this. Thanks.