Bitcoin Forum
July 10, 2024, 11:52:38 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Speculation (Altcoins) / Re: SHIFT a sleeping giant !! on: July 27, 2017, 10:06:16 PM
If you're holding your Shift in their online wallet they are as good as gone. The devs have control over all the private keys

That's a quite tendentious statement. Though, private keys communicated in plain text is a very serious design flaw. Especially in crypto we may expect security by design and a code quality review process.
As I understand, the problem was not recognized immediately as 'critical' by the development teams of RISE/Shift/LISK? Only after some community pressure? Then it sais much about their security awareness and development skills...

Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!