Should We Trust Blockchain ?

[Nolimitz84]

Yes blockchain can't be hacked and data there can't be modified.
Your concern is the security of the exchange and its not the technology itself.
They use a certain way to secure their exchange.
Blockchain is the technology that we use for transfers, if the hacker goes on their site and successful got in.
They can easily use the funds and transfer it, the problem lies to the backdoor not with blockchain.

I totally agree.It is impossible to compare blockchain technology and the work of hackers.Blockchain technology fortunately at the moment can not be somehow deceived or something in it to change.Personally, I trust this technology and am sure that this technology is not for scammers.

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[Balzhi]

it is important to understand that blockchain annd cryptocurrencies are not same things. blockchain is a technology, cryptocurrencies are product of blockchain.

[omonuyak]

Blockchain technology is trustworthy and we can actually depends on it with our transactions process and I think it is more secure and transparent than any other fund of transactions processing.  Though we are having some rejection from governments I believe that in future blockchain technology is going to become the financial system the world dream of.

[Sanderion]

Blockchain technology is trustworthy and we can actually depends on it with our transactions process and I think it is more secure and transparent than any other fund of transactions processing.  Though we are having some rejection from governments I believe that in future blockchain technology is going to become the financial system the world dream of.

Do you really think governments will allow people to do money transactions without control? I'm sure, they won't! I think they will integrate blockchain technology in existing financial systems and will get more control over money flows. Coins like TUSD and USDT are just the beginning of that movement but we can change it! We need to use independent and anonymous blockchains to avoid control.

[Maamejane]

Sometimes i use to tell others if you don't trust the coin don't underestimate the technology driving it since it has really done and solve much of the world problems. The technology is actually one of the finest.

[Denton]

Hackers steal our funds not because the blockchain is insecure, but because we ourselves do not accept due diligence. After all, if we take good care of the security of our funds, they cant be stolen.

[bartusv]

Hackers are not hacking the blockchain they are hacking the platforms where we hold our funds (exchanges, wallets etc)
We do not have to store our funds on exchanges and take care of our private keys and we will be safe from hackers.

[sherenikaw]

Actually, Blockchain is a very smart technology. from this tech, we can see how the people around the world create the new concept of technology with blockchain as the base. It leads us to the smart contract and other systems. is that interesting and promising? I think that trust in blockchain is powerful in order to support the development of this technology.

[Ini35]

That an exchange was hacked or that the hardfork of ethereum has been postponed, does not mean that it is the fault of blockchain.
There is no fault with block chain technology, because it is an advanced for of technology, that we are yet to fully explore.
We humans determine a lot of things, but we cannot alter the data in blockchain.

[shinratensei_]

Blockchain technology is trustworthy and we can actually depends on it with our transactions process and I think it is more secure and transparent than any other fund of transactions processing.  Though we are having some rejection from governments I believe that in future blockchain technology is going to become the financial system the world dream of.

Do you really think governments will allow people to do money transactions without control? I'm sure, they won't! I think they will integrate blockchain technology in existing financial systems and will get more control over money flows. Coins like TUSD and USDT are just the beginning of that movement but we can change it! We need to use independent and anonymous blockchains to avoid control.

That could be the reason why the government has already rejected bitcoin ETF, they are not having control over all of exchange sites and regulators are worried about the manipulation in the market that can put the investors into the big risk.

[Bloodseekers]

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 ?... 

Its different between blockchain and hacker in exchanges, blockchain is safe no one can hack it, And exchanges like HitBTC and Cryptopia, only use blockchain technology but in their platform, they control it, so if exchanges get hack, not because of the blockchain system but mistake by the exchange system
So should we trust blockchain? Yes

[lornadane]

Blockchain can be hacked, and everything in the crypto may hack anytime. But Overall, we can trust blockchain! Exchanges like Bithumb, Poloneix got hacked, Binance got compromised but still, they are a very popular exchange, because people trust them and everyone believes hack is one of the main negative parts of crypto. So, I think you may enable every security options in blockchain account and don't use blockchain email roughly. If you still have confusion then buy a hardware wallet. Good Luck

[aryaadikariyansyahsuwarto]

I have to answer it like what, if you believe it, but right now there really isn't anything to be trusted, prices continue to fall, many ICOs are scam. but if we don't believe, that's what we've been up to all this time ...

[Fortified]

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 is a system use for data recording , if anyone altering the data , it will be recorded also by itself so it's been useless for hacking  while the other you mention like exchange firm is really the subject by hackers and yes it will be easier to them if you would not taking care of your private key and password  .

[tranduong123]

Nothing is perfect, but you are confusing the two concepts, exchange and blockchain, which are two different concepts. Exchange with poor security systems will be hacked.

[bezzler]

Why won't we? Blockchain technology is a good technology that also able to be implemented for another thing. Not just cryptocurrency, the possibilities of the usage of blockchain technology is wide open. So there is no reason not to believe in the blockchain technology.

[cewekimut]

Hacking occurs because they have the opportunity and they are lazy and make a lot of people nervous. But we also have to be careful in doing anything and do not act that makes you suffer losses. I believe in crypto I think this is very important because here there are many opportunities that can make money.

[Amalker]

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 ?... 

Yea, thats right, for now blockchain can't be hacked. But exchanges it's only a platform, which keep private keys of their blockchain addresses. And many of them do not pay serious attention for security of their platforms.

[Vektrum]

The blockchain technology itself is very reliable and cannot be cracked. Another thing is that not enough attention is paid to the security system on the stock exchanges. However, these are completely different things. The blockchain technology so far proves its competitiveness and exclusivity. Its novelty and revolutionary approach was recognized by all states, even those that oppose the introduction of decentralized cryptocurrency.

[Horas1976]

Blockchain technology is knowledge on the internet and issued a product called cryptocurrency, and what they retire is crypto products become blockchain. We study the block system and can provide security information so that it will not be hacked as long as we remain cautious and alert.