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Knowledge Protocol. Daily curated links from the space of blockchain, bitcoin, tokens, cryptocurrencies and protocols. No news, no bullshit, deep knowledge only.

Security

Links to the best articles, videos and podcasts about Security in the crypto space.

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Be careful with your KYC documents

"Stop handing out your information without doing your due diligence."

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Private Keys + Websites = đź’€

"You are harming your users and the ecosystem when you allow people to enter their private keys, keystore files, or mnemonic phrases on your website."

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Everybody is getting tragically sim swapped and you will too

"tldr: I got SIM swapped last weekend and you probably will too. Here’s how I walked away relatively unscathed (knock on wood) and what you should do to protect yourself."

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The SIM Swapping Bible: What To Do When SIM-Swapping Happens To Yo

"How to protect yourself from a SIM hijack, deal with an attack as it happens, and recover afterwards."

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MPC Explained: The Bold New Vision for Securing Crypto Money

"Now, some big strides in another hugely important field of cryptography – secure multiparty computation, or MPC – point to a potential Holy Grail situation of both usability and security in a decentralized system."

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How (Not) To React When Your Cryptocurrency Is Stolen

"Warith Al Maawali, much to his dismay, found his Coinomi wallet compromised and the funds contained in it stolen"

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Current security threats in crypto and how to mitigate them

"With the advent of Bitcoin and cryptocurrencies we acquire the ability to be our own banks, with the set back that we don’t acquire natively the ability to safeguard it."

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The Most Expensive Lesson Of My Life: Details of SIM port hack

"I lost north of $100,000 last Wednesday. It evaporated over a 24-hour time span in a “SIM port attack” that drained my Coinbase account. It has been four days since the incident and I’m gutted. I have zero appetite; my sleep is restless; I am awash in feelings of anxiety, remorse, and embarrassment."

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Bitcoin’s Security is Fine

"This article comprehensively addresses concerns around Bitcoin’s security model which is funded by the block subsidy and transaction fees."

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If bitcoin is so safe, why does it keep getting hacked?

"Thieves have stolen millions of dollars in bitcoin from exchanges. Here’s why it keeps happening."

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Rewriting History: A Brief Introduction to Long Range Attacks

"One of the greatest threats against Proof of Stake protocols is Long Range attacks. Due to the existence of Weak Subjectivity and Costless Simulation, these attacks are more dangerous than in Proof of Work protocols."

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A Timeline of the Most Infamous 51% Attacks in Crypto History

"Proof-of-work cryptocurrencies solve the Byzantine General's Problem and allow for the coordination of a decentralized network of nodes, where some of those nodes may be bad actors. This does, however, creates an attack surface for proof-of-work cryptocurrencies, known as a 51% attack."

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Breaking Down the “Flash Boys” DEX Trading Bots Bloomberg Article

"It’s great to see this type of thing picked up by larger media outlets, but while it highlights a lot of interesting points, some of the concepts in the bloomberg article are pretty vague and oversimplified. For example, the main front running problem with DEX’s discussed only applies to a specific type of DEX — others have already solved this."

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MFSA warns, guides consumers on crypto-currency scams

"Educates public on how to avoid such scams"

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Security Budget in the Long Run

"Bitcoin’s “security budget” is the total amount of money we pay to miners (or, if you prefer, the total amount spent on mining – they are the same thing). When this value is low, 51% attacks are cheap."

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Anti-money laundering and counter-terrorist financing measures

"This report summarises the anti-money laundering and counter-terrorist financing (AML/CFT)measures in place in the United Kingdom of Great Britain and Northern Ireland (UK)as at the date of the on-site visit from5 to23 March 2018."

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Security Budget in the Long Run

"A discussion of Bitcoin’s ability to resist 51% attacks (ie, its “security budget”). Competition makes it difficult for one network to collect enough fees – instead, we should try to collect fees from all networks."

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How to Find Freedom in a Unfree World

"I recently re-read “How I found Freedom in an Unfree World” by Harry Browne. This book provides a wonderful guide on how to take responsibility for your own freedom and avoid various mental-traps that deny us far more freedom than governments do."

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