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PLEASE do not store more coins on an exchange (including

) than you need to actively trade. Use

. DEXes are not a panacea -- look at The DAO. Open source just means exploits will be discovered sooner (probably not by good guys). 🙏

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Bitcoin is Saving

@BitcoinIsSaving

· Jan 15, 2019

“You fight hackers yourself, and guard from losing [password] yourself. Computer breaks, [2fa] gets lost.” More individual exchange accounts have been hacked than individual wallets. Disappointing but not surprising to see “industry leaders” spread bad info. twitter.com/cz_binance/sta…

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Neutrino

@NeutrinoX

Jan 16, 2019

You had me until the open source comment. True, open source means more eyes on your product and inevitably some of those eyes will be malicious, but security through obscurity leads nowhere good. Open source, audited software and designs are the way to go.

Replying to

The ideal is security + obscurity. See what happened to the Death Star when it made a public call for design review. More on this topic:

danielmiessler.com

Secrecy (Obscurity) is a Valid Security Layer

Good Obscurity vs. Bad Obscurity Camouflage OPSEC An SSH Example Reducing Impact or Probability Summary Many of us are familiar with a concept know as

10:19 PM · Jan 16, 2019Twitter Web Client