One of bitcoin’s most prolific developers believes that there is still no reliable storage solution for bitcoin.
As we previously wrote about, Bitcoin Core developer Luke Dashjr had more than $4 million worth of bitcoins stolen last month. The programmer claimed that his coin storage practices are well over the “usual practice”but was successfully robbed.
On December 31, Dashjr lost more than 200 BTC due to a hacker who, according to the developer, compromised its PGP (pretty good privacy) key. A PGP key is an encryption program that provides cryptographic data protection and authentication for sensitive files, such as bitcoin private keys.
As many bitcoin owners already know, personal keys are so-called It is worth keeping in a “cold storage” – completely disconnected from the Internet – as this is the most secure way of keeping bitcoins so far.
Dashjr put it this way:
“Usual practices are clearly unsafe” – He told. “My security was far beyond standard practice and yet I was attacked.”
The developer claims that the addresses from which his bitcoins were stolen were actually cold storage addresses, so he is not sure if using well-known hardware wallets would have protected him from thieves.
Dashjr still doesn’t know how his money was stolen.
Adam Back, an early proponent of bitcoin who worked with Satoshi Nakamoto and is believed by many to be Nakamoto, said that Dashjr was targeted through his home network and his machines were compromised.
Others have leveled harsher criticism at Dashjr, with Holdonaut, for example, accusing it of misleading people about how it stores bitcoin.
“I only have a big problem with the fact that he claims that bitcoin cannot be stored securely” he wrote on Twitter. “A seed phrase written on paper/metal is not disturbed by a compromised home network”.