It brings benefits for the complete security for cryptocurrency investors.Since every nodes in the network have a complete record of all transactions and are required to authorize any new transactions, a hacker would need to gain control of a majority of the nodes in the network to be able to make such a change. Not only that, any alteration of data stored in a blockchain would require the hacker to alter the blocks around whatever block they wished to change in order that their activity is not detected.
These features are the reason why, to date, there has not been a single successful attack on a blockchain network. The only realistic chance hackers have is in applying the massive computing power of a quantum computer to attempt to trick the hashing mechanism.
To read a full explanation, check this article - How to build security token offering platform with blockchain technology on easy 4 stages >
Topic: What are the benefits of building STO with a blockchain technology? (Read 112 times)
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