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5 sats \ 1 reply \ @takaponka OP 31 Mar 2023 \ on: Stop pushing HWW and complex multisig setup to normies bitcoin
"Ho and you understand, once you have your ledger you must buy a Trezor, because what if Ledger are compromised and pushes backdoor in their soft"
Is there actually one case where a hot single sig wallet was attacked successfully, without phishing or user mistake ? If they succeed on single sig they why wouldn't they on multisig ? It all depends on attack vector like for privacy ...
I totally see the point if you're a big company or a big name, but for other cases I don't see the point enlight me aha
I have heard of social engineering attacks where ssh/login attempts have been made to vps, ostensibly to steal funds. Fortunately not heard of any funds lost this way.
There was the story about similar social engineering, tg imposter convincing sb to transfer funds from a borked node. Felt bad for that chap.
I agree. Complexity kills it for many, and can be overkill in many cases.
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