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RE: ETHEREUM | $48,000,000 Stolen In The Last Month

in #ethereum7 years ago

I wonder if there really is a secure & fully functional way to store crypto-currency, if not then I wonder what would happen if the platform developers aimed some of their innovation and engineering skills towards security of the currencies/platforms they are building - then again they can't stop people being their own weakest link.

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Nothing will ever be 100% secure. Developers have to try and patch ever bug when building something but a hacker only has to find one way in. I've heard anecdotally that developing something is 20% build and 80% bug fixing anyway.

I say the safest solution is a paper wallet with your own private key. Then the only person you have to trust is yourself.