Python Script for Rating Crypto Exchanges for Security
I listened with intent to Chris Coney (CryptoVerse, @marketingmonk) excellent coverage of a new Security Rating's report that has come out, as reported by news.bitcoin.com
This brings me back to when I first started in crypto. I was very hesitant to put my money on the exchanges, but I also like money. I wanted so badly to trade, and I can't do trading unless I put my money or crypto on the exchanges, so I needed a way to feel more comfortable. So I, too, did my own security roundup and came up with a "ratings" of sorts.
To me, exchanges needed to be secure. Secure like, say, a castle. Like this one:
I'm a coder, so I write scripts.
This particular script happened to be written in "Python."
| Person | Quote |
|---|---|
| Cryptokeeper: | What...is your name? |
| Binance: | Sir Binance of Camelot. |
| Cryptokeeper: | What...is your quest? |
| Binance: | To displace the UnHoly FIAT. |
| Cryptokeeper: | What...is your favorite color? |
| Binance: | Blue. |
| Cryptokeeper: | Right, off you go. |
The next one who came up was a little too sure of himself. I had already tested everyone's social engineering, network defenses, DDOS vulnerabilities, and even whether or not they let the user show API secrets easily or not. Is their multi-factor authentication up to snuff? Are they on top of wide-spread trading anomalies? Let's see...
| Person | Quote |
|---|---|
| Cryptokeeper: | What...is your name? |
| Huobi: | Huobi of Camelot. |
| Cryptokeeper: | What...is your quest? |
| Huobi: | I seek the displacement! |
| Cryptokeeper: | What...is the capital of Malta? |
| Huobi: | (indignant) I don't know THAT!! (An unseen force whisks him up and over the side.) AAAAARRRRRRRRRRRRRRRGGGGGHHH!!!!!!! |
This continued for a while, as I interviewed those who knew their bitcoins from their bitconnects and their security from their security tokens. If they didn't know the difference between a token and a coin, I chucked them out.
| Person | Quote |
|---|---|
| Cryptokeeper: | What...is your name? |
| Coinbase: | King Coinbase of the Adopticons! |
| Cryptokeeper: | What...is your quest? |
| Coinbase: | I seek the bridging of Holy Blockchain and FIAT! |
| Cryptokeeper: | What...number of bits is the checksum of a bitcoin public key? |
| Coinbase: | (brief pause) What do you mean, an Base58 checksum or Base64 checksum? |
| Cryptokeeper: | (confused) Well...I don't know...AAAAARRRRRRRRRRRRRRRGGGGGHHHH!!! |
| Thomas Lee: | (crossing behind Coinbase) How do you know so much about checksums, sire? |
| Coinbase: | Well, you have to know these sorts of things when you're a king, you know... (footnote 1) |
I eventually was able to judge which exchanges were safe enough for me to trade on.
(Footnote 1) Besides, the answer is the same either way - and it's measured in bytes, not bits, but I just wanted to show him who was King.
that is pretty whacked (-:
Congratulations @yes2crypto! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Congratulations @yes2crypto! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Congratulations @yes2crypto! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
If you want to sell this file for Bitcoins, use https://SatoshiDisk.com/
Don't need to create account or pass KYC. Upload, Share, Profit!