Post
Topic
Board Bitcoin Discussion
Re: Bitcoin developer @lukedashjr's wallet was hacked
by
Ucy
on 04/01/2023, 08:49:20 UTC

....
If one of the most experienced devs can't keep his stash secure, how do we expect a random, way less tech-savvy users to do it?

So now, the average Joe will get the massage that self-custody is not safe and neither is holding on CEXs (i.e. because of FTX).

Part of the issue is irreversible transaction.
It would be safer to build a decentralized platform on top of Bitcoin where Bitcoin transactions can be reversed if unauthorized people gain access to users coins