What are the odds of “rogue developers” who introduce vulnerabilities? What happens if the digital signature algorithm is compromised? Is trust in hardware wallet developers and the firmware update process a problem?
Note: I was mostly talking about Bitcoin and other popular open blockchains which have a large development communities and a robust review process before any new code is put in production. The risk of vulnerabilities introduced by developers is different for each project, and having open-source code does not prevent it if no one is reading or testing it.
These questions were part of the monthly live Patreon Q&A session for April (rescheduled to May 5th). If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop
RELATED:
Software distribution security – https://youtu.be/_V0vqy046YM
Geopolitics and state-sponsored attacks – https://youtu.be/htxPRTJLK-k
How to get people to care about security – https://youtu.be/Ji1lS9NMz1E
What is the roadmap? – https://youtu.be/5Eoj_sKyC90
Why developers are leaving banks – https://youtu.be/GqOZ4IAQ-xQ
Honest nodes and consensus – https://youtu.be/KAhY2ymI-tg
Why running a node is important – https://youtu.be/oX0Yrv-6jVs
Lessons from the hard fork – https://youtu.be/hnAWAVNnGCw
Cryptographic primitives – https://youtu.be/RIckQ6RBt5E
Nonces, mining, and quantum computing – https://youtu.be/d4xXJh677J0
Public keys vs. addresses – https://youtu.be/8es3qQWkEiU
Re-using addresses – https://youtu.be/4A3urPFkx8g
Using paper wallets – https://youtu.be/cKehFazo8Pw
Wallet design and mass adoption – https://youtu.be/WbZX6BDZJHc
Secure, tiered storage system – https://youtu.be/uYIVuZgN95M
The Courage to Innovate Without Permission – https://youtu.be/ywq6NBETUJ8
What is Consensus: Rules Without Rulers – https://youtu.be/2tqo7PX5Pyc
Decentralized Truth – https://youtu.be/XCVaabu3J04
Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.
Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/
He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.
THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8
[NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/194791006X/ref=asap_bc?ie=UTF8
MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042
[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388
Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/
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