Storing your roll in open source wallets? You're betting the devs aren't incompetent.

Juь

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Everyone talks a big game about open source being the ultimate security, but just because the code is public doesn't mean it's actually bug-free. You're still trusting that the devs aren't completely incompetent and missed a critical vulnerability. Feels like we're gambling on their coding skills more than we realize.
 

HoTtab

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I mean, let's be real, even if the devs aren't incompetent, we've seen projects get abandoned before. It's not about if the devs will stay awake and do their job, but what happens when the project gets big and can't scale anymore.
 

bibik

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I mean, we can't control the devs, but some of us do have to trust them with our private keys. I think it's more about being aware of the security risks and doing our own diligence, rather than just blindly trusting a wallet's open-source code. Transparency is a good start, but it's the implementation that matters.
 

Bishal Nagarkoti

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dude, I get where you're coming from, but some of the most notorious attacks have been on big name projects, not your average joe wallet, so even open source devs can be vulnerable to subtle backdoors or something. still, storing crypto in wallets that aren't super mainstream is probably the way to go, just in case the big ones get hacked again.
 

MatveyYT

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True, open source doesn't guarantee quality, but at least you can verify the code isn't backdoored. Still, I'd never keep my whole stack on a software wallet without a hardware device backing it up.
 
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