Comment by socketcluster
10 hours ago
IMO, we'll need to rebuild all of crypto and all software from scratch using a minimalist approach. Minimize the amount of code, with proper modularization where each module has clear responsibilities and fully self-contained attack surface and exposes a well-defined set of features.
Good news, most software is now being built with tools that MAXIMIZES the amount of code
You could prompt it to do the opposite.
> IMO, we'll need to rebuild all of crypto
or just not rebuild it at all.
that would be a net loss - it's as if you postulated to not rebuild the Internet after the countless breaches and hacks.
Except the internet has clear value, yet many remain unconvinced that cryptocurrency services any meaningful value to anyone but bad actors and oppressors. In fact, many would argue that it's a clear net negative and 5 billion USD going to North Korean oppressors would very much validate that.
or just use regular money.
pros: can already be used to buy all things, and doesn't set the earth on fire in order to verify transactions
cons: cannot be used to buy live grenades and CSAM