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Comment Re:"Code is Law" is dumb (Score 1) 141

The code is law is indeed stupid, but having a protocol that allow to paste wrong stuff and still make it valid, broadcast, mined and process in the blockchain is just stupid wrong. * Address should have some form of "validator" (start with a letter and a checksum or something. * The another problem specific to ETH and those super complex crypto is that they allow very complex code. While this should smart at first it's dead trap for nasty flaw contract that only a few individual on earth can be 100% sure the contract is safe. There is numerous case where contract were review by professional and use by highly experienced dev yet containing a "little flaw". To me it's a dead end and as I company I would never run serious money on a platform where one day I can learn that everything is lost because of a mistake in the contract. I think more plan and simple crypto currency will prevail in the future.

Comment Re:Criminals had their crypto seized, why not Russ (Score 1) 85

To seize bitcoin you need to get the private key (like a password). Either via seizing the computer or get someone say the password of the encrypted wallet. Else there is no way to seize bitcoin from distance. Once you have the private key, you can move the bitcoin to another address under your control.

Comment We will in a time where everything will have EOL! (Score 5, Informative) 67

I'm kinda shock to realised that everything will have stupid time-bomb and will stop working, even if you like and it was working perfectly fine! The best example will be stuff like thermostats and security camera that once the vendor stop supporting them, they will, at some point, failed to connect because their root certificate will expired. Just THAT little stupid totally broken "feature" will break everything connected to the internet if they don't upgrade. We probably waste and destroy billions worths on computers, cellphones and laptops because of SSL expiration. I know for sure dozen of device that were scrap after R3 (Lets Encrypts) root certificate expired this years. Owner devices to upgrade to another new device while the old one was working well.

Comment Re:I'm handling 100s of certificate of Let's Encry (Score 1) 94

So it make sense that it expired so it will stop some day the hacker to use it? Those root certificat live for 20-30 years, that's pretty weak argument I would say. I'm really talking about those root certificate expiration are pre-install on the device.... as they expired the device will failed unless it get updated somehow. Thing about all those small gadget IOT like doorbell and refrigerator, how likely the company will maintain them for 20 years? How likely you will get updated root update? Those device will stop working just because of the expiration! THAT make sense?

Comment Re:I'm handling 100s of certificate of Let's Encry (Score 1) 94

Why the whole revoke process then ? How logical it is to have a root certificate expired in 30 years from now? MAYBE then last end certificat could expired but the root one are totally illogical. If you are dealing with that long enough, it's a total mess. I'm pretty sure the only reason they made then expirated is to somehow sell more of those.

Comment I'm handling 100s of certificate of Let's Encrypt (Score 1) 94

I did saw the warning, I did read it carefully this summer but Let's Encrypt did downplay the scope of it greatly. According to the document https://letsencrypt.org/docs/d... only a handfly of super old device would not work. That's is clearly not the case. And for that, I blame Let's encrypt! Personally I could not fix every single device so I had to turn to another certificate provide. My "outside of the box" view tell me that the WHOLE CONCEPT OF EXPIRATION is pretty ridiculous. ALL our device / gadget / IOT will not working one day, not because the company will stop supporting them but because of the certificate in the chain will expired! Stupid as that! I call for ALL software developer to just IGNORE the expiration date.

Comment What would be different? (Score 0) 35

What would "laws and accountability" would have change in this specific case? The hacker would have not tries? The money would not have been stolen? The depositor would get refunded? The institution owner would go in prison for negligence? I think only the last one would happened and that still the case, regulated or not.

Comment Re:AML and KYC mean this is completely moot (Score 2) 48

As far as I know, if you have a REAL bitcoin wallet it doesn't work over there... the fees are several $$ per transaction. Considering how poor they are They created they own custom protocol/wallet and still call it "bitcoin". Even the Lightning network over there doesn't work in most places. And by the way, they own protocol is fully controlled by the gov.

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