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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Alhamza24 on March 18, 2020, 05:53:09 AM



Title: Semi-Centralized Blockchain Media can be Hack
Post by: Alhamza24 on March 18, 2020, 05:53:09 AM
The COVID-19 (https://www.coincurb.com/news/hacked-argentinas-blockchain-media/) outbreak has created chaos around the globe. Argentina has built a blockchain supported platform to provide accurate information about precautionary measures. However, on March 14, fake news was published on an Official website (Gazette). Centralized chains are little more than buzzwords and in reality, operate just like slow servers. If it is not decentralized, can it be hacked?


Title: Re: Semi-Centralized Blockchain Media can be Hack
Post by: minairia3 on March 18, 2020, 05:59:40 AM
The COVID-19 (https://www.coincurb.com/news/hacked-argentinas-blockchain-media/) outbreak has created chaos around the globe. Argentina has built a blockchain supported platform to provide accurate information about precautionary measures. However, on March 14, fake news was published on an Official website (Gazette). Centralized chains are little more than buzzwords and in reality, operate just like slow servers. If it is not decentralized, can it be hacked?
There is not much difference I think, potentially this can still be hacked. You can see from previous projects even though they had a highly secured protocol thr platform still breached. Most of the cases, are consist of those exchange market that has been fallen down to many hackers. Sample of 51% attack cant be stopped by merely common security. We need utmost prevention but the truth is centralized approach are more prone to these activity.