Vitalik Buterin pfp
Vitalik Buterin
@vitalik.eth
Reminder: there's also plenty of people who have lost huge amounts of crypto to *loss* rather than theft. Software bug, forgotten password, lost device, paper wallet burned down in LA fire, upgraded device without backing up data .... lots of ways for that to happen. Because there's no attacker to go after, victims don't have a strong need to talk about it. And often because they see no one to blame but themselves, victims will be too ashamed to talk about it. But it happens. Often. And the truly robust wallet security solutions that our ecosystem needs to build should take loss into account too. (This is a big part of why I talk about social recovery so much!)
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BrightMaroo pfp
BrightMaroo
@brightmaroo
As we focus on securing Web3 against theft, let's not forget the silent victims of loss—those who've lost crypto due to forgotten passwords, lost devices, or software bugs. These losses are just as devastating but often go unspoken due to shame or lack of someone to blame. Building robust wallet security solutions that address both theft and loss is crucial. That's why social recovery mechanisms are so important! #Web3Security #CryptoLoss
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