Bitcoin Forum

Other => Beginners & Help => Topic started by: NaqiAbbas on January 07, 2019, 04:42:56 PM



Title: Is Decentralisation or Dapps really secure then ever???
Post by: NaqiAbbas on January 07, 2019, 04:42:56 PM
 Now a days, i am hearing too much news and promotions about Decentralised crypto systems, wallets and exchanges that ''these upcoming currencies and exchanges are secure then ever''. What does it mean? how actually do these projects work without any central command or supervision/server.

In case of any error or reconciliation who would help us, if creator himself having no power/command/access?
Is Decentralisation or Dapps just secure or trouble free as well? ???


Title: Re: Is Decentralisation or Dapps really secure then ever???
Post by: HODL2090 on January 07, 2019, 08:18:47 PM
that ''these upcoming currencies and exchanges are secure then ever''. What does it mean? how actually do these projects work without any central command or supervision/server.

This is a bitcoin discussion board and as such discussions should border on bitcoin related content.
There is not upcoming exchange or wallet which is directly borne from bitcoin, and there is no assurance to its safety or security.
The bitcoin network uses proof of work algorithm to provide secure transactions.


Title: Re: Is Decentralisation or Dapps really secure then ever???
Post by: CryptopreneurBrainboss on January 08, 2019, 06:58:38 AM
Is Decentralisation or Dapps just secure or trouble free as well? ???

It depends on the project, it irritates me when I read news that a decentralized project gets hacked I mean like how? Most of the project calling themselves decentralized are just semi-centralized project in disguise. Take bitcoin as an example, if a project is truly decentralized I don't think hacking it will be possible.

As for your other concerns I believe ETFbitcoin has done justice to them.


Title: Re: Is Decentralisation or Dapps really secure then ever???
Post by: sikandar1@3 on January 08, 2019, 03:58:57 PM
I think world will come towards Decentralization one day. No one wants to be in some company's cloud. Everyone wants liberty to move in air without being recorded.
but for sure its not trouble free but one day it will be.