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That's why the needed security measures need to be in place. Using a hardware wallet like Ledger rules that scenario out.
by izqui 10y ago
That's why the needed security measures need to be in place.
Using a hardware wallet like Ledger rules that scenario out.
- monkmartinez 10y agoUntil is gets stolen and you can't prove you own anything, or?
- izqui 10y agoExactly.
- brilliantcode 10y agoSo if Facebook ran on Aragon, and the shares got hijacked, tough shit? Zuckerberg can't prove himself? Some guy in Yekaterinburg is the new CEO?
- vkou 10y agoIf history is any indication, you collude with the miners and hard-fork. They have incentive to do that, because their work becomes worthless if ETH were to lose value because that kind of theft would destroy user confidence in the cryptocurrency. I think the rest of the world would call that state of affairs a 'bubble'.
- vidarh 10y agoNow what do you do once a court hands down a ruling requiring said shares be transferred to a given person? Guess what, they're not going to accept "we can't" as a valid answer.
- semiel 10y agoThat's why you have backups. I agree that having full control over your identity has risks as well as benefits, though. I expect that we'll eventually see security providers arise that have user-friendly account recovery tools. Due to the plug-and-play architecture of blockchains, that sort of thing will work automatically without any need for organizations like Aragon to integrate with them.
- joosters 10y agoYou can't trust hardware wallets either - people have been handing out free hardware wallets at conferences that steal the user's coins. https://cointelegraph.com/news/caution-scammers-can-steal-your-bitcoins-right-at-blockchain-conferences https://cointelegraph.com/news/caution-scammers-can-steal-yo...