Quote from: o_e_l_e_o on November 21, 2021, 11:25:20 AM

Quote from: davemichaelson on November 18, 2021, 05:53:24 AM

it's possible that the company is negligent or worse

This is absolutely true.

They previously reused r values which resulted in hundreds of users having their coins stolen. Basically, every time you sign a bitcoin transaction, a random number is included as part of the signing process. If you reuse this random number across multiple transactions (as blockchain.com did), then you can essentially reverse the signing process and calculate the users' private keys. Once you have their private keys, you can steal all their coins.

Thankfully, a bitcointalk.org user managed to sweep lots of the vulnerable funds and later return them to their rightful owners. It's an incredible basic mistake for blockchain.com to make. Who knows what other incredibly basic mistakes they make when it comes to their security.

Quote from: davemichaelson on November 18, 2021, 01:46:29 PM

Cuz I think it makes them easier to read.

It doesn't

That's fascinating to know. Definitely supports my concern that there may be (additional) fire where we keep seeing smoke.

Re the user above asking about my personal bias, I think I posted above that I'm a lawyer. My interest is in learning how the legal system can better translate its services to the crypto universe. I enjoy crypto investing and am trying to expand my knowledge of a field which I think has potential (likelihood?) of changing the lives of most people on earth. This particular company happens to be "low-hanging fruit" for me to learn what's going on.