Link Secret FUD and other VC Fraud Learnings

From IIW

Link Secret FUD & Other VC Fraud Learnings

Tuesday 1L

Convener(s): Daniel Hardman

Notes-taker(s): Daniel Hardman

Tags for the session - technology discussed/ideas considered:

Discussion notes, key understandings, outstanding questions, observations, and, if appropriate to this discussion: action items, next steps:

Discussed the need to separate opinion from fact. We're all entitled to opinions, but not to our own facts.

Discussed 2 misconceptions about link secrets:

1. link secrets are not rotatable (false)

2. link secrets are transferrable (false)

Explained why neither of these perceptions is true. Linked to (a paper from recent RWOT), and also to "Alice Abuses Her Verifiable Credential" (another RWOT paper)

Then spent time exploring a general threat model for VCs, based on this doc: