That should be (n-1)/n, where n is the number of people in the world. Because we are all Satoshi, except for Craig Wright. 🥳
I can understand your argument. I think you could see it as a tradeoff between disk space and development time.
If you want your app to run in different configurations, you'd have to test and develop for all of those. Currently, disk space is cheap and development time isn't, so it's a reasonable compromise from an economic view. 🤷
Making it work on "all" machines is not possible. So it makes sense to constrain the environment it should work in.
Successfully upgraded my laptop from 2 to 5 TB disk space 💪 That should last for a while.
Consensus by whom? By the core developers? Most node runners would not update and some others would fork Bitcoin without the "new consensus rules".
Consensus by the majority of node runners and miners? It would just happen and most would be happy with it.
I'd wish we could do this with our dog. But he's so stressed and running around all the time, barking for the slightest reason, he would be run over by a car in two minutes.
And your argument is that air gapped PCs cannot be used wrong? That passwords cannot be guessed there?
My argument is that the things that can possibly go wrong with a custom setup on a PC are some magnitudes more and worse than with a dedicated hardware wallet. It's easy enough for experts to make words in such an environment. Not even talking about the casual user.
The "only protected by a Pin" part only plays out if the attacker has physical access to your device. Assuming most people would also keep a copy of their seed on paper or metal washers in the same residence as their air gapped device, this just comes down to: If someone breaks into your home, you're fucked. So there's no advantage to your solution.
We disagree in the first two sentences you wrote:
"Hardware Wallets do not protect your Bitcoins.
The hardware doesn't make your Bitcoins safer."
Actually, a hardware wallet DOES make your Bitcoins safer than holding them on your everyday computer.
Also, setting up and keeping your coins air gapped on a separate computer is a lot harder, more prone to errors and also more expensive than a hardware wallet. A Trezor goes by 70$. A separate laptop usually not under 200$.
And how do you even keep the airgap if you want to send your coins somewhere? As soon as you try to transfer data between your bitcoin computer and your everyday computer (probably with a thumb drive), the airgap is broken. Dedicated malware can also be transferred via thumb drive.
What you're saying is just wrong. Hardware wallets protect you from malware in your computer. The software on the hardware wallet is a lot less complex than all the things that run on your computer, so the chance that there are bugs that can be exploited is several magnitudes less for the hardware wallet than for your computer.
Now that is some debugging hell I'm happy I could avoid by now. #coding #programming #softwaredevelopment
Aber viel schenken sich SPD und Union nicht. Beide schießen einen Bock nach dem anderen.
Uff. Ich hoffe uns passiert das nicht ebenfalls. Wir haben auch einen in 4m Höhe hängen 😂
That little girl smoking... 😂
Gnome? Are you on some Linux distribution?