Archived Security through the greatest obscurity of all - The person who knew the passwords died (arstechnica.com)
submitted ago by Kannibal
Posted by: Kannibal
Posting time: 1.8 years ago on
Last edit time: never edited.
Archived on: 5/4/2019 10:00:00 AM
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17 upvotes, 0 downvotes (100% upvoted it)
Archived Security through the greatest obscurity of all - The person who knew the passwords died (arstechnica.com)
submitted ago by Kannibal
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[–] i_scream_trucks 0 points 3 points 3 points (+3|-0) ago
Totally legit currency of the future guys nothing to see here.
[–] admin2 0 points 1 point 1 point (+1|-0) ago (edited ago)
NOT REALLY DEAD
Anyone can buy fake Death Certificates in India and run away with currency... ESPECIALLY if no cold wallet forensic identifiers provided for the BTC part! just prove the money is still in offline cold wallets ! post the IDs... else a scam.
it is a scam and news is falling for it.
[–] ShinyVoater 0 points 1 point 1 point (+1|-0) ago
Why do people leave coins on an exchange? Unless you're actively trading, there's not much of a reason to.
[–] sbt2160p ago
No one wants to run a client on their own system, update it, wait for a gigabyte of blockchain to synchronize, and have personal responsibility for securing it. Kind of like how most people don't run their own web servers anymore.
[–] ShinyVoater 0 points 2 points 2 points (+2|-0) ago
Cryptocurrencies are owned by addresses. You don't need a local client that knows the entire blockchain to keep an address not controlled by the exchange(the so-called "light wallet").
[–] derram 0 points 1 point 1 point (+1|-0) ago
https://archive.ph/qyVYl :
'Robertson testified that Cotten stored the cold wallet on an encrypted laptop that only he could decrypt. '
'Following standard security practices by many holders of cryptocurrency, QuadrigaCX stored the vast majority of its cryptocurrency holdings in a “cold wallet,” meaning a digital wallet that wasn’t connected to the Internet. '
'British Columbia-based QuadrigaCX is unable to access most or all of another $53 million because it’s tied up in disputes with third parties. '
'Robertson testified that Cotten died of Crohn’s disease in India in December at the age of 30. '
'The affidavit was filed Thursday by Jennifer Robertson, widow of QuadrigaCX’s sole director and officer Gerry Cotten. '
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[–] contrarianism ago
If the guy knew he was dying why’d he keep clients ‘ data secret