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qertoip

631 karma · joined February 1, 2013

[ my public key: https://keybase.io/qertoip; my proof: https://keybase.io/qertoip/sigs/GM56a5KlqmPemb_V9HZQXK4imGTqkaDzg1lLCcLijog ]
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qertoip··on Iota cryptocurrency shuts down entire network after wallet hack
5 days of downtime and counting: https://status.iota.org/
qertoip··on “We already store data. In a database. It works well”
Sovereign store of value is the primary use case.
qertoip··on What Is Bitcoin: Internet’s Native Money or Asset for Speculation?
It's not because it does not promise any returns.

In fact, you won't even find "invest" word on the website.

There is zero promise, nor even implied, about future value.

qertoip··on What Is Bitcoin: Internet’s Native Money or Asset for Speculation?
Bitcoin is massively used as a remittance infrastructure tool by Venezuelans. See this report be Venezuelan citizen: https://stephanlivera.com/episode/143/
qertoip··on What Is Bitcoin: Internet’s Native Money or Asset for Speculation?
Bitcoin SV is a scam created by well known fraudster Craig Wright.
qertoip··on What Is Bitcoin: Internet’s Native Money or Asset for Speculation?
It is blazing fast in practice. Most merchants accept 0-conf transactions once they propagate p2p. Some merchants already implemented Lightning Network. Together, that means about 2-20 seconds for vast majority of payments.

It is not expensive. Currently fees are in cents per on-chain transaction. And basically 0 for Lightning Network payments.

It is traceable though and that is indeed a big issue going forward. Again, Lightning Network helps to some extent but much more is needed.

qertoip··on Critical flaw in Trezor hardware wallets
Exactly.

I would definitely pick Coldcard over Ledger though.

Coldcard is open source and open hardware to a much greater extent, while still using secure element for secret storage and PIN counter. It also offers advanced security features like proper multisig support, airgaped operation, roll-your-dice entropy input, etc.

qertoip··on Cost of a 51% attack for different cryptocurrencies?
The double spend is only possible against specific counter-party, for example an exchange or a merchant.

For very large value transfers exchanges are expected to wait for 100 confirmations (~17 hours) until they credit balance.

It's all probabilistic.

Finally, Bitcoin PoW is not security theatre, it is just one piece of the complex security system.

qertoip··on OnlyKey: Open-Source Alternative to YubiKey
Given the history of reputable Bitcoin hardware wallets, A actually does imply B. Hardware wallets are the only viable way to store cryptocurrency securely, with great track record since inception in 2014.

Regarding the supply chain, there is very little that can be done, and yubikey-like solutions certainly do not excel here. Trezor T at least comes with no firmware (to be installed by the user) and holographic sticker. Basic, but better than Yubikey et al.

qertoip··on OnlyKey: Open-Source Alternative to YubiKey
Trezor T is vastly superior solution for U2F / WebAuthn and also fully open source. The main advantage is super mature backup (Shamir's secret sharing) and PIN-locking with exponential escape. Being a Bitcoin hardware wallet, security is very well tested.
qertoip··on NordVPN confirms it was hacked
It's based in US.
qertoip··on Mazda is purging touchscreens from its vehicles
Unintended side effect could be drivers using their connected smartphone which is far more dangerous.

This is already the case with Mazda's touch-disabled-while-driving screens.

Not sure at all about the net effect on safety.

qertoip··on Warp – Mobile VPN
A honeypot.
qertoip··on Pragmatic Cypherpunk’s Personal Backup
Author here. AMA.
qertoip··on [OpSec] Auto lock screen when you depart with the smartphone
Thanks! I wanted to force connecting the smartphone back on the user by making the check every couple of seconds and locking. For that reason event driven approach wasn't the best fit.
qertoip··on Grin – A private and lightweight mimblewimble blockchain
Mainnet launch is Jan 15.
qertoip··on Grin – A private and lightweight mimblewimble blockchain
Grin is less private but more scalable.
qertoip··on Ask HN: Does anyone actually use Keybase?
Yes, it's critical to bind pubkey to identity: https://keybase.io/qertoip
qertoip··on Ask HN: Best alternative to Gmail?
IMAP on Linux does work as well. It's a stable beta. I use it w/o any issues.
qertoip··on FRA1 Block Storage Issue
We are actually very happy with database performance over block storage.

As for the architecture, in DigitalOcean the external block storage is the only way to separate function from state. We need this to be able to rebuild VPS-es regularly. This is to avoid configuration drift and to prove/enforce reproducibility.

qertoip··on FRA1 Block Storage Issue
Can confirm.

We run 26 services in production on DigitalOcean. Every single VPS in our setup uses block storage feature as a persistence layer (system logs, app logs, databases, etc).

Thanks to this architecture we can rebuild machines at will. The _function_ and _state_ are nicely separated.

The downside is that we are now fucked.

qertoip··on Monero Is Less Untraceable Than It Seems
fungibility
qertoip··on Monero Gold integer undeflow scam
"Monero GOLD" was a scam fork of the legitimate cryptocurrency "Monero" - just to avoid any confusion.
qertoip··on Ask HN: Bitcoin Christmas reading
Mastering Bitcoin is the no. 1: https://www.amazon.de/Mastering-Bitcoin-Unlocking-Digital-Cr...
qertoip··on What advantages does Monero offer over other cryptocurrencies?
ZCash is not private by default. Very few people change this default because it's not well supported by the ecosystem just yet. And when you do change the default to private then you stand out of the crowd. That's why ZCash is not considered private in practical terms (at least not today).
qertoip··on Dash – A Governance and Privacy Coin
Dash is not a privacy coin, it's neither the project focus nor the reality. The only coins that are meaningful with regard to privacy are Monero and Zcash. See https://www.reddit.com/r/privacy/wiki/cryptocurrency for more background.
qertoip··on Ether Is the Digital Currency of the Moment
Fundamentals are firmly behind Bitcoin. Ethereum is proven to be essentially more centralized and essentially less immutable ledger. That being said the experiments carried out by the Ethereum community are extremely valuable and I am keeping my fingers crossed for them.
qertoip··on Ask HN: Best Git workflow for small teams
Code review is read only. Pair programming is at the same machine. Apart from that the features should be ultra-thin and delivered vertically end-to-end by a single programmer. That is the optimal model.
qertoip··on Ask HN: Best Git workflow for small teams
No, reverting a merge commit does not do what most developers think it does. Correctly reverting the merge is a know source of pain.
qertoip··on Ask HN: Best Git workflow for small teams
Continuous integration AKA trunk based development is the workflow you want to have. Ensure you meet the prerequisites first though (reliable automated tests, solid code reviews, feature flags, etc).

To be precise, small feature branches are perfectly fine. They are meant to be reviewed and squashed into master ("trunk") in a few hours to a few days maximum.

Squashing instead of merging has a big advantage of being able to quickly revert the changes if things go awry despite all best practices in place.

PS Avoid gitflow and similar workflows as they introduce leaps and thus risk. As everything in software engineering, you want your workflow to be as incremental as possible.

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