Should We Trust Blockchain ?

[bellamente]

I think in the future the blockchain will be limited to the IP addresses of 1 state. This will enable safe operation and rational use of excess alternative energy.

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[batang_bitcoin]

I think in the future the blockchain will be limited to the IP addresses of 1 state. This will enable safe operation and rational use of excess alternative energy.

I'm not sure what will be the relation of IP addresses to blockchain.

It's technology has already built in a secured ledger for us to check the data that were gathered, transfered and stored using blockchain. I trust blockchain and this is really applicable to almost industry.

[maxilopez]

Of course, it’s because our future and the world economy are behind this technology.

[raptorez]

Based on the fact that today in general there is no reason not to trust the blockchain, I think that we can trust cryptocurrencies. Today, this is really the technology that can help us in the implementation of a project or, for example, accounting for something.

[taratorly]

That hack issues was about that exchanges! They hacked the exchanges not that coins blockchain network.

Blockchain network can not hacked. But community arguing about attack of %51. This is something else.

[khoapham89]

That hack issues was about that exchanges! They hacked the exchanges not that coins blockchain network.

Blockchain network can not hacked. But community arguing about attack of %51. This is something else.

Yep. I agree with this idea. Actually, 51% attack is not considered as directly hacking action. If hackers govern other network of nodes to break the blockchain, it seems to be a indirect hacking??

[Geenstijl]

According To expect they always say blockchain can never  be hacked and your information can never be stolen .. But day in day out Hacker are hacking  crypto exchanges to steal people asset , ETH Suspended hard Fork because  of security  reason . HitBTC and Cryptopia are understand maintenance  because of hacker .  Are   they Using block-chain technology  to  deceive Us ?... 

Dude, it's all about security. Blockchain is not a centralized thing and you can't just change the password or revert the transaction. Once private key is compromised your money is already not your. In my opinion it takes years to improve security level (especially in peoples minds) to the really high level and this is one of the major milestones for the crypto industry.

[OluwaTosin10]

According To expect they always say blockchain can never  be hacked and your information can never be stolen .. But day in day out Hacker are hacking  crypto exchanges to steal people asset , ETH Suspended hard Fork because  of security  reason . HitBTC and Cryptopia are understand maintenance  because of hacker .  Are   they Using block-chain technology  to  deceive Us ?... 

To be honest
The questions should be do we have a choice ??

We still have to get involved with the crypto currency exchange to transact business one way or the other

I think the vulnerability will be eased soon

[abake]

Hacking of exchanges has nothing to do with trusting blockchain technology or not. The ideology behind blockchain technology is so great, info can be easily traced, and can't be deleted or adjusted, that's the selling point for me.  So when you say information on blockchain is protected, it doesn't necessarily mean people can't access it, but hey they can't alter it. So in essence, hacking of exchanges has nothing to do with trusting this disruptive technology.

[ifightformerkel]

I think that fraud and all the more hacking your wallet, depend only on users. Cryptocurrencies are very popular and so when they were at the peak of popularity, there were a lot of scams, as they could quickly make a lot of money.

[InGODweTrast3]

Blockchain as technology is high effective, and of course we trust in it and use it, because it have many features! But another problem that too much cheaters use blockchain too, and it real problem of our times

[jcmansah7]

Well i would not say trust but i can say it is very reliable because of its security features and how transparent it is. Nonetheless some hackers always find a way to cause malice in some blockchain networks so don't trust blockchain absolutely but at least it is pretty secured looking how decentralized it is.

[lotfipro]

Of course yes. I think it's the unique thing which we can trust. These news with cryptopia doesn't make any influence on the whole market. Blockchain projects are still confident. I wish more people will start using them.

[Dondont]

According To expect they always say blockchain can never  be hacked and your information can never be stolen .. But day in day out Hacker are hacking  crypto exchanges to steal people asset , ETH Suspended hard Fork because  of security  reason . HitBTC and Cryptopia are understand maintenance  because of hacker .  Are   they Using block-chain technology  to  deceive Us ?... 

after all, if you wish the blockchain could cope with hacking on online networks, then you're wrong, Blockchain is different on this, so security on the blockchain I think is still the same as security before. He only gives mark anonymity. So you wanna trust, just leave blockchain, because the security is still in development. Yes, some people purposes didn't fit in this one

[TrevorS]

Of course yes. I think it's the unique thing which we can trust. These news with cryptopia doesn't make any influence on the whole market. Blockchain projects are still confident. I wish more people will start using them.

Anyway, nothing can be trusted, we can not fully understand the technology, it can have a critical vulnerability known only to a very narrow circle of people. You should always be on the alert and ready for anything.

[Ditlycel]

Of course, it’s because our future and the world economy are behind this technology.

I agree, if we believe in cryptocurrency and its growth, then we should actually believe in blockchain ! especially now when the blockchain is the development of

[MonaLeeTracy]

Of course yes. I think it's the unique thing which we can trust. These news with cryptopia doesn't make any influence on the whole market. Blockchain projects are still confident. I wish more people will start using them.

I'm also sure that we really have to trust the blockchain too, even though the blockchain is still down, but we just believe that something good will happen suddenly and make us happy not only temporarily.

[TastyChillySauce00]

Those exchanges you mentioned are centralized exchange where they store the data within a single server and thus can be stolen. That have absolutely nothing to do with blockchain. Blockchain is immune to hacking but not to 51% attack. However, a coin with big hash power will hardly be attacked.

[khufuking]

Blockchain itself can't be hacked or modified as others said but that will not make anyone using it shielded against hack or money loss, for example, if someone steals your private keys and took all your Bitcoin, who to blame here? Blockchain technology or your ways of storing your private keys! and that is the same case with exchanges they have flaws in their system and it is not blockchain fault.

[RokOrids]

As an idea, the blockchain itself has tremendous potential. As for the hack, then the question is more to the software implementation. When implementing software, whether it is a crypto-exchange, wallet or something else, then it is a matter of the human factor. Mistakes can be intentionally or accidentally made to steal funds.

Perhaps this is a bit naive, but I have high hopes for the blockchain technology, for the future and far beyond the scope of the usual currency.