Although I sympathize with the folks at Coinos, but at the same time I detest reckless approach to how many startups and companies treat crucial data at the core of their business. This triples when it comes to the service that deals with your money. Why didn’t service had a proper synchronous replication? Why wasn’t transaction log fully signed and have measures in place that would prevent tampering? Why the service accepted any transactions that it couldn’t guarantee and ensure their safety with multiple redundancy records before acknowledging them? So many questions, and so many reasons I do not trust any of the new services with anything that I care about.
Again, it’s not a criticism of the people at Coinos, but a reality check for the user and how they should treat any new contractual relations. Don’t trust, verify and question! 🫡🫂