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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@broke
Noo this is not possible, ENS told me that it's impossible for ppl to lose access to their address, or to forget to renew, that it is always a conscious decision to let "their" name expire. That is why it is fair that ENS auctions expired names and keeps all the profit
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@broke
It's easy to act like it is impossible to forget your keys or to renew your name, that way u dont have to offer any solutions (like sending reminders, having auto-renewals, social recovery), while coincidentally profiting from expirations (by auctioning them)
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