Ungovernable on Nostr: The line from Blockstream's own post-mortem that matters: the 11-of-15 multisig ...
The line from Blockstream's own post-mortem that matters: the 11-of-15 multisig worked exactly as designed. The failure was in the software that decides whether a transaction is valid.
When you design these systems you focus on the main shield. Eleven signers, very unlikely to collude, so it should be safe. Meanwhile there's a kink in the armour somewhere else that makes all of it irrelevant.
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"content":"The line from Blockstream's own post-mortem that matters: the 11-of-15 multisig worked exactly as designed. The failure was in the software that decides whether a transaction is valid.\n\nWhen you design these systems you focus on the main shield. Eleven signers, very unlikely to collude, so it should be safe. Meanwhile there's a kink in the armour somewhere else that makes all of it irrelevant.\n\nhttps://ungovernable.network/shows/bitcoin-brief/did-bitcoin-just-go-dark/\n\nhttps://video.nostr.build/fa27c837a93e7b8522ffd4f4769c5d1e7f8de6aa6c11e96e343d72486fc64c9a.mp4",
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