Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Sure - but a lot of systems have a safety net of test environments and change control, and a safety net as they can revert changes, and a safety net as they can restore backups, and a safety net as they can ask counterparties nicely to help undo things, and a safety net through the legal system, and a safety net of insurance.

The normal banking industry is operating chainsaws very cautiously, with a lot of safety equipment and training. The cryptocurrency industry may be operating the same chainsaws, but they're trying to juggle them naked, on a floor slick with the blood of their peers.



There's no reasons those safety nets can't exist here. Test nets, and insurance can take on those resposnibilities with the same effect.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: