67 sats \ 2 replies \ @handsome_latino 3 Jun 2022 \ on: Important lightning network node was compromised and is shutting down bitcoin
For the record, their node had 3,238,406,111 satoshi:
Or in other words 32 BTC / almost a million USD in today's rate:
https://btc2fiat.me/?q=3238406111+sats
Smart people always tell me they are not into bitcoin because they are afraid of ECDSA, SHA256; a Software Developer friend is even afraid of "primes" (lol).
The truth is that many big, important systems can be easily broken with a few social tricks.
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10 sats \ 1 reply \ @glix 4 Jun 2022
Whey do you mean "afraid"?. Afraid to understand and it or the fact that it exists and is being used?
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0 sats \ 0 replies \ @handsome_latino 4 Jun 2022
Afraid ECDSA and particularly the curve used is already cracked by the NSA or has backdoors. Afraid that SHA is not mathematically "proven" to be cryptographically safe.
etc. etc. etc. Basically even though they are engineers, little time has been invested to understand the cryptographic functions used so they default to MSM and FUD. I can't say I understand them fully, by no means, but I try to learn a bit more about them every day.
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