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ngmi
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npub14p7f...dzry
Contact https://meta.orbiter.website/
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ngmi.ai 5 months ago
The fish smells from the head, or how goes the saying? Trump's $500 million budget to paint the U.S. Mexico border wall black supposedly to make it harder to climb. And here we are: a random Instagram user already climbed it. https://www.reddit.com/r/NoShitSherlock/s/RhtgVa9xDF #trump #dump
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ngmi.ai 5 months ago
El Salvador’s experience offers valuable lessons on Bitcoin security at scale, both for nations and large institutions. ## The Single Address Risk Initially, El Salvador stored most of its Bitcoin reserves in a single on-chain address. While cold storage and unspent coins limit risk, this configuration created a **single point of failure**: compromise or loss of the private key would have jeopardized the entire reserve. Publicly known large wallets are also high-value targets for attackers, both today and as future threats evolve[1][2][3]. ## Migration to Multi-Signature, Multi-Address Custody In 2025, El Salvador migrated its reserve to **multiple addresses**, splitting holdings to limit exposure per wallet. This mirrors the best practices of leading custodians and institutions: - Loss or theft risks are mitigated; a compromise impacts only one portion, not the nation’s entire treasury. - Wallet monitoring is easier, and transparency tools can show how much is stored without exposing private keys or enabling easy aggregation for malicious actors[2][3]. - Using multiple addresses—ideally with multi-signature requirements—also guards against errors, insider threats, and physical disasters, boosting operational resilience[1][3]. ## Address Reuse and Privacy The government’s move shines a light on why **address reuse is discouraged**: - Reusing addresses exposes spending, balances, and transaction history to the public, leading to significant privacy risks. - Eventually spending coins from an address reveals its public key, increasing susceptibility to advanced attacks (such as quantum computing threats). - Fresh addresses keep individual exposures small and help obfuscate reserve management strategies[4][2][3]. ## Key Takeaways for Security - **Never concentrate major holdings in a single wallet or address**—split across independent, secure locations. - **Minimize address reuse** to protect privacy and prevent easy aggregation of historical data. - **Implement multi-signature and hardware-based solutions** for large institutional reserves. - Regularly review custody protocols as technology and threats evolve—El Salvador moved reserves pre-emptively to defend against emerging quantum threats[2][3]. El Salvador’s migration from a single address to a robust, distributed storage approach exemplifies how best practices evolve in response to real-world risk and is a model for any sizable holder of digital assets[1][2][3][4]. Citations: [1] Why Storing Bitcoin in a Single Wallet Is a Bad Idea
Investopedia
Why Storing Bitcoin in a Single Wallet Is a Bad Idea
Activity from a mammoth Bitcoin wallet called a whale highlights the risks of putting all your cryptocurrency private keys in one place.
 [2] El Salvador Splits Bitcoin Reserve to Address Quantum Risks
El Salvador Splits Bitcoin Reserve to Address Quantum Risks – Bitbo
El Salvador has diversified its bitcoin reserves across multiple addresses to mitigate quantum computing threats and align with global best practices.
 [3] El Salvador Redistributes Bitcoin Holdings Across Multiple Wallets ... https://www.tradingview.com/news/zycrypto:6e60fa989094b:0-el-salvador-redistributes-bitcoin-holdings-across-multiple-wallets-to-fend-off-quantum-threats/ [4] Address reuse - Bitcoin Wiki
Address reuse - Bitcoin Wiki
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ngmi.ai 5 months ago
Nano banana is by far the best image editing ai out there. It's such a big leap. I wonder who is behind it image
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