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Comment by socketcluster | Hacker News Reader

IMO, we'll need to rebuild all of crypto and all software from scratch using a minimalist approach. Minimize the amount of code, with proper modularization where each module has clear responsibilities and fully self-contained attack surface and exposes a well-defined set of features.

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Good news, most software is now being built with tools that MAXIMIZES the amount of code

You could prompt it to do the opposite.

Yes but I agree with the previous comment that there is a bias towards maximizing complexity. My experience in this industry tells me that real dynamics tend to differ significantly from canned narratives such as "this tool can protect you from Y."

Sure, it could, if developers were perfectly rational entities and if hiring processes at big tech firms where optimal... But neither of these are even remotely true.

The psychological aspects transcend a tool's capabilities. A tool which aims to protect people may in fact cause more harm than it prevents.

Kind of like a gun; great tool for personal protection in the hands of decent people, but put enough of them in the hands of violent criminals and they become a net problem. Human psychology tends to subvert the intent of tools as well as that of laws and regulations, in my experience.

> IMO, we'll need to rebuild all of crypto

or just not rebuild it at all.

that would be a net loss - it's as if you postulated to not rebuild the Internet after the countless breaches and hacks.

Except the internet has clear value, yet many remain unconvinced that cryptocurrency services any meaningful value to anyone but bad actors and oppressors. In fact, many would argue that it's a clear net negative and 5 billion USD going to North Korean oppressors would very much validate that.

or just use regular money.

pros: can already be used to buy all things, and doesn't set the earth on fire in order to verify transactions

cons: cannot be used to buy live grenades and CSAM

Cons: difficult to money launder.

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