Should We Trust Blockchain ?

[CryptoCoinArbitrage]

Blockchain technology  and the security are two different things. Hackers are attacking the exchanges  as
it`s security is vulnerable. So, if there is a loophole in the security of the exchanges hackers will use it.
This is why we should not store our funds on exchanges only the funds we are trading with.

[givary]

I think if we don't trust Blockchain, we certainly aren't here. All have risks and we certainly have to be more careful in doing everything. Some exchanges are vulnerable to theft and this is what makes many people disappointed. But you also need to be able to maintain a good password and not trust others.

[ije07]

The blockchain platform is a technology that underlies the operation of crypto coins. It is transparent, decentralized and in the records of which it is impossible to make changes. You can lose your investments if you are not careful when storing your coins, but this does not in any way relate to the blockchain, but only to the exchangers and purses that you use.

it is true that if we lose money or assets it is not because the blockchain is less secure but because the wallet that we use is the less secure or the way we store privacy is wrong then we can be hacked, this is also experienced by the hackers who have been hacked

[trns.txt]

Why not? In my opinion, crypto world is very identical with the use of blockchain technology. And so far, this technology can be used in the very wide cases and fields, not only about the exchange or others. Now, the blockchain technology is an advanced system to support the utility such as used for traveling system, health, education, charity, and more.

[Distinctin]

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 ?... 

Online technologies are prone to hacking, thus it only bonded with codes as its securities. Many individuals have studied this hacking strategies as their job also but for us, it is serious crime and illegal activities.
Many were caught for hacking but it takes a months or even a years to discover who's the person involve. There is a lot of money in big exchanges and so they wanting to have it, that is why they should improved their security codes and do updates.

[dabenko]

The characteristics inherent in blockchain makes it to be secured.
Cryptocurrency is built on block chain technology and it is transferrable from one person to another, with the consent of the person sending, without a third party.
For the fact that it can be transferred, if there is a security bridge on where I am keeping it, it can be stolen, by transferring out.

[Dewi Aries]

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 ?... 

well, in past from what i know is blockchain really can't get hacked. If it is can get hacked, a lot of transaction already disturbed by that. From what happen like market that got hacked, it is pure on their security which can accessed by that hackers.

[ottogary]

Why won't we? What we need to aware of is the people behind the blockchain (anyone who utilize the technology), Cause there are many people utilizing blockchain technology for doing something bad.

[HappyCaptain]

as far as i know blockchain is created to remove trust issues since every transaction is transparent, the hack in exchanges was due to their security being vulnerable to the attackers and once they successfully break this security then they have a full control on exchanges account and can transfer all the funds inside.

[UAE Seasider]

Blockchain technology looks to be able to offer the security and reliability we need from immutable transactions stored on the chain. It is especially useful for records keeping and database interaction I have high confidence in blockchain being secure.

[PanGiMoon]

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 ?...  

Blockchain technology probably no, but it can be adjusted to it, thereby constantly making some exchanges bankrupt. But from such holes, if it can be defended, it is not at this stage.

[leetcoiner]

Blockchain technology looks to be able to offer the security and reliability we need from immutable transactions stored on the chain. It is especially useful for records keeping and database interaction I have high confidence in blockchain being secure.

Yes, in fact, the audit has never revealed any flaws in this new data accounting system. I think this is our future.

[harrypotpot]

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 ?... 

Depends on the miners on it. Also on the platform that you will going to support. Well, block chain is hackable based on the hashpower that is has in the cryptocurrency space. Choose those that are well diversified.

[Milamol]

Hacking a centralized exchange is not equal to hacking a blockchain. The usual means to hack the blockchain is not possible. However, in our world there are supercomputers (scientists, military), but perhaps they can not use these to hack the blockchain. Quantum computers may also appear. To ensure the reliability of the blockchain, miners must have the most powerful computers.

[rickyis786]

Yes we can trust on blockchain technology. this technology has many good features. the blockchain technology is an advanced system to support the utility such as used for traveling system, health, education, charity, and more other thing. this system is very safe. i know that blockchain really can't get hacked

[Absolutep]

Blockchain is a technology that we use to transfer or for transaction, but don't forget the case of security is left to be handle by the exchange themselves, if the security is good enough then assets will be safe.

[ololajulo]

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

Blockchain is beyond cryptocurrency, they dont have to represent any dollar value to be blockchain. It can be used several purposes by governments, individual, institution etc. It is proposed as a good tool for national election. Bitcoin has enjoyed a lot of support to avert hack, hackers will even have more to lose than gain if they hack bitcoin, so it preferred to been seen formidable and strong

[el_lobo]

Exchanges still seem to be the weak spot of crypto.
The blockchain is safe, but still hackers manage to steal coins.
Hopefully, this problem will eventually be solved in the future.

[jrrsparkles]

Exchanges still seem to be the weak spot of crypto.
The blockchain is safe, but still hackers manage to steal coins.
Hopefully, this problem will eventually be solved in the future.

Exchanges don't use blockchain for their storage they just using their own hot wallets for storage purpose which is just as an online wallet controlled by themselves when someone can find those details then they can be able to hack those wallets.Which is not related to blockchain,if they are using blockchain means the exchanges will become decentralized and everything will be solved.

[5thFear]

Well Blockchain can never be hacked but it don't need to be hacked. The whole information is out there and just start a scam blockchain project and all the information will be received through a project, no need to hack anything.