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Topic: have you ever thought? about blockchain security? (Read 67 times)

jr. member
Activity: 840
Merit: 6
The most important thing a blockchain should have is security, and that's why I prefer XRP and ICP to BNB and SOL. Both ICP and XRP are much more secure chains. ICP even has biometric security.
hero member
Activity: 868
Merit: 737
I once lost 800 token cake and it was equivalent to $20,000.
In conclusion, no one is forcing you to invest in crypto, but I thought what if other newbies also experienced a similar incident?
imagine if a country does not have a place of refuge, this is not a matter of who wants to live, without rules, or die silly.
as well as investments and crypto money, what do you think?
I only can say, not your key not your coin, I'm not worried if people understand that saying and do invest as much as they want.
but currently, many people do not understand how to hold cryptocurrency and always keep it on an exchange after buying, so if got hacked they blame crypto as a bad investment.

other vulnerabilities because of POS, many people say POS is a new scheme of centralization
full member
Activity: 378
Merit: 167
betfury
~snip~I think what happened to BNB is proof that POS are not decentralized but they are centralized.
your response describes a Proof-of-Stake vulnerability, there may also be vulnerabilities in its kind either Proof-of-work or Proof-of-history etc. if out of doubt then it's pretty self entertaining about the theft. I underlined that regarding the legal umbrella there is no shade for crypto and that in my opinion is not the reason we are not voicing our future efforts, have you ever thought that every crypto transaction may have its application with taxes and administration, in some countries? I think if the state participates in making regulations, there is nothing wrong with providing protection for traffic, including security from criminals, right?
sr. member
Activity: 770
Merit: 266
Payment Gateway Allows Recurring Payments
I think what happened to BNB is proof that POS are not decentralized but they are centralized. I hereby reinforce my own reasons for only investing long term in bitcoin. many altcoins are, in fact, centralized. even if they say it's not centered. and the Hack incident that just happened to BNB really made some people doubt about BNB. but myself if it is for short term then no problem. and other beginners I think will think the same.
full member
Activity: 378
Merit: 167
betfury
inspired by recent events, about this

apparently there is still a gap in this vulnerability, is there a red light or is it purely from something that is not controlled?
I once thought could we report to a giant agency?
maybe this service or its specialist at this service ?

come on friends, those who are victims will feel deterred from the hacks and hacks that have been experienced, some may be beginners. I realize crypto is a high risk but not with robbery incidents like this.

I once lost 800 token cake and it was equivalent to $20,000.
In conclusion, no one is forcing you to invest in crypto, but I thought what if other newbies also experienced a similar incident?
imagine if a country does not have a place of refuge, this is not a matter of who wants to live, without rules, or die silly.
as well as investments and crypto money, what do you think?
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