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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Famous Grouse on October 31, 2022, 12:53:06 PM



Title: Security In Decentralization
Post by: Famous Grouse on October 31, 2022, 12:53:06 PM

One of blockchains biggest challenges is the security risks from hackers due to lack of identity and trust verifier.
How can this be solve?


Title: Re: Security In Decentralization
Post by: Yogee on October 31, 2022, 11:03:42 PM
This isn't just about decentralization security since hacking and Phishing has been around even before blockchains became popular. Just be extra careful with the links you click and double check the addresses before you input any personal information. Little things like bookmarking the legitimate sites helps a lot.


Title: Re: Security In Decentralization
Post by: Jawhead999 on November 01, 2022, 03:11:43 AM
One of blockchains biggest challenges is the security risks from hackers due to lack of identity and trust verifier.
How can this be solve?
What are you talking about? did you mean the highest security in blockchain need to record everyone KYC? it's a joke since someone can fake their KYC and KYC will become useless. Not to mention the hacker can hack the blockchain to get every KYC of people who submitted before and the hacker will use their KYC to make them in trouble. So does KYC will become a solution for to track the hacker? obviously not.


Title: Re: Security In Decentralization
Post by: Lizzylove1 on November 01, 2022, 03:52:45 AM
Cybersecurity issues are not limited to decentralized protocols alone but inclusive of centralized system. Developers should always ensure they are up to date with their security network, and they must partner with reputable security firms for protection and they should have their security team too. Just the way good men are busy trying to secure the society, so also evil men are out to beat the security.