When Bitcoin and the Blockchain were introduced into the market place, one of the most attractive parts of the design was the security of the data and the near in-hackability of the data, this does not seem to be echoed in the Cryptocurrency security itself.
When Bitcoin was created there was a need for wallets to hold the Bitcoins and so they were created. As the number of Cryptocurrencies grew, so did the different offerings of many wallets enter the marketplace.
The next step in the evolution of this Blockchain world has been the advent of Initial Coin Offerings, where blockchain based companies and their projects offer tokens to the marketplace for future use on their blockchain based technology based projects. There has been over $1 billion in contributions so far this year in capital raised through these crowdsales and there seems to be no slowing down.
Full post here:
https://urbancrypto.com/cryptocurrency-security-not-keeping-up-with-the-blockchain/
