Social Lounge Started Aug 5, 2026 12:41 AM

ColdCard fiasco, as seen by a programmer with around 50 years experience.

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Aug 7, 2026 3:18 PM
#12

This was a great read. Thanks @nemesis.
One of the key points that is brought up is how you computer actually generates entropy without you realizing it. This is how computers "generate" random numbers. It's based on randomness from boot, or if you've ever used veracrypt you can move your mouse to create entropy. For the novice this might seem meaningnless but without it you are sitting in a small herd, and that is exactly what we saw with Coldcard.
I won't be surprised if this isn't the last time we saw a hardware failure like this. As the essay mentions, this is just a failure of slop coding and noobs getting in over their heads. It seemed unbelievable at first but now it just seems kind of obvious.

@Nebuchadnezzar_II

Moby Dick is unbelievablely good. Probably the greatest novel I've ever read. I return to it every few years because of how beautiful I find the prose.

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Aug 8, 2026 1:16 AM
#14

@Yuzuki I cvould agree with you more. Slo[p coding is just getting out of control, and whilke I cannot code, I had lerarned a few languages about 25 yrsa ago so my current knowledge is useless, but I can tell good software / website coding from bad, just by using it. And this crap is endemic. And worse is all the slop getting into all things linux. Becasue of that, Ive been trying to get more comfortable with BSD. The various flavors of that seem to be taking a stand, so might be the future for me at least.

I like your summation. Nails it IMHO

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Aug 8, 2026 1:19 AM
#15

@xenu that veracrypt mouse thinng is quite annoying, but understand the point. As for HW wallets, with all the various issues some othershave had, yea its all but guaranteed we'll see more problems down the line.

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Aug 8, 2026 3:40 AM
#16

@nemesis

Ok, my interest is piqued. What's the Moby Dick / crpto correlation?

pretty sure is the whole "lost dem moneros in a boating accident" meme thing
moby dick is like a whale in the ocean, monero people after acquiring those monero they be saying they lost these in a boating accident if the irs comes knocking or somethin somethin lol

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Aug 8, 2026 5:50 PM
#17

@nemesis
I've just started reading Moby Dick for the first time.
This passage reminded me of crypto for so many reasons. Maybe not so much crypto as the 'crypto dream' which isn't so unique but certainly has character:

Circumambulate the city of a dreamy Sabbath afternoon. Go from Corlears Hook to Coenties Slip, and from thence, by Whitehall, northward. What do you see?—Posted like silent sentinels all around the town, stand thousands upon thousands of mortal men fixed in ocean reveries. Some leaning against the spiles; some seated upon the pier-heads; some looking over the bulwarks of ships from China; some high aloft in the rigging, as if striving to get a still better seaward peep. But these are all landsmen; of week days pent up in lath and plaster—tied to counters, nailed to benches, clinched to desks. How then is this? Are the green fields gone?...

And just the whole theme of following a mysterious and dreamy call or preordained fate to explore the fearsome unknown (ocean) to do battle with the whales. And the bit where they go spear phishing.

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Aug 8, 2026 6:19 PM
#19

@Nebuchadnezzar_II makes sense. Never read the book, only saw the cartoons growing up so not familair with the REAl story

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