Bitcoin Q&A: Protocol development security

What are the odds of "rogue developers" who introduce vulnerabilities? What happens if the digital signature algorithm is compromised? Is trust in hardware wallet developers and the firmware update process a problem?

Note: I was mostly talking about Bitcoin and other popular open blockchains which have a large development communities and a robust review process before any new code is put in production. The risk of vulnerabilities introduced by developers is different for each project, and having open-source code does not prevent it if no one is reading or testing it.

These questions were part of the monthly live Patreon Q&A session for April (rescheduled to May 5th). If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop

RELATED:
Software distribution security - https://youtu.be/_V0vqy046YM
Geopolitics and state-sponsored attacks - https://youtu.be/htxPRTJLK-k
How to get people to care about security - https://youtu.be/Ji1lS9NMz1E
What is the roadmap? - https://youtu.be/5Eoj_sKyC90
Why developers are leaving banks - https://youtu.be/GqOZ4IAQ-xQ
Honest nodes and consensus - https://youtu.be/KAhY2ymI-tg
Why running a node is important - https://youtu.be/oX0Yrv-6jVs
Lessons from the hard fork - https://youtu.be/hnAWAVNnGCw
Cryptographic primitives - https://youtu.be/RIckQ6RBt5E
Nonces, mining, and quantum computing - https://youtu.be/d4xXJh677J0
Public keys vs. addresses - https://youtu.be/8es3qQWkEiU
Re-using addresses - https://youtu.be/4A3urPFkx8g
Using paper wallets - https://youtu.be/cKehFazo8Pw
Wallet design and mass adoption - https://youtu.be/WbZX6BDZJHc
Secure, tiered storage system - https://youtu.be/uYIVuZgN95M
The Courage to Innovate Without Permission - https://youtu.be/ywq6NBETUJ8
What is Consensus: Rules Without Rulers - https://youtu.be/2tqo7PX5Pyc
Decentralized Truth - https://youtu.be/XCVaabu3J04

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.

Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/

He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.

THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8

[NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/194791006X/ref=asap_bc?ie=UTF8

MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042

[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388

Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/

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