Sunday, January 28, 2018

Hiring the cyber patrol

An early Coinbase and Twitter investor just gave Uphold $57.5 million to add Ripple and insure against hacks

The insurance company has the do-re-me on the hook and will develop the cyber patrol bots. If we had cyber patrol then the Coincheck 450 million hot wallet would have been spotted as a fraud.

This is the way to go, that plus prior analysis of protocols reveals instability.  Use the observable exchange accounts and we can detect error.  If the accounts are not visible, the pit is not a fair traded pit and customers should exist immediately. Observables are also operational, the customer trading bot can monitor build up at the exchange and act accordingly.

But, if you run an exchange according to sandbox rules, your insurance is cheapGDAX, Walmart, Intel, Microsoft Coco, ARM, Trezor ; these companies understand sandbox. If you use these technologies, you insurance  is cheap. 

Try this hardware wallet: The Ledger Nano S now supports nine cryptocurrencies (including Bitcoin) and is also the cheapest multi-currency hardware wallet available ($65).

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