Should We Trust Blockchain ?

[Teamfearless]

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 ?... 

[terrific]

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.

[IgorShumilo]

The comment above is absolutely correct. Centralized exchanges spend very little attention on security and a lot of attention on making big profits. I am sure that this is not the last major and successful hacker attack on the stock exchange (there are thoughts that Cryptopia itself arranged this attack in order to get the money of its clients).
Do not keep your money on the exchanges!

[Thanasis]

Exchanges don't use blockchain technology for their storage,its just like a hot wallets so if hackers get some hole in their security system then they can steal all the funds like what happened with those exchanges you were mentioned.

[Peanyut991]

Hackers hack exchange systems not blockchain technology. In crypto, blockchain technology is used to verify transfers between two parties efficiently and permanently.

[thaliaand]

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 indeed can not be hacked. It is an incorruptible, decentra;ized distributed public digital ledger. The crypto exchanges you mentioned are a centralized exchanges. It;s the matter of the exchanges security system. And obviously these are two different things.
Regarding to ETH Constantinople upgrade which was postponed, it's a vulnerable security issue and related to smart contract, not the blockchain issue. So again, these are two different things.

[krassy]

The blockchain technology itself can not be hacked, but the data that you store in open areas.exchanges, open wallets, it could all be stolen. The technology makes processes and financial transactions transparent, which eliminates fraud in the processes themselves, makes it possible to eliminate corruption, allows to modernize and optimize production and bureaucracy.

[ATSgrowth]

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 ?... 

We could agree on that Bitcoin has the safest blockchain, but currently is slow for everyday use. And that is the problem, you can have fast but not safe blockchain or safe but slow blockchain .

[Pffrt]

You do not know about blockchain. It was an exchange which had been hacked recently but in blockchain you will find the transaction. Blockchain data are immutable
 No one can change it. You may hack my wallet but you can not sell my fund without using blockchain where there will be prove.

[zauna35]

Our blockchain is everything, this is what unites us, this is a brilliant idea that is successfully implemented and will be realized in various fields, if we stop believing the blockchain, we have nothing to do here then. It is not the blockchain that is being hacked, but, for example, in the case of Cryptopia, the interface was vulnerable. In general, the blockchain is an unbreakable foundation, but what surrounds it often happens with holes.

[Dilireba]

I have no doubt with Blockchain technology, it the best innovation technology in this century, where Blockchain technology can be used with perfect performance in all fields. I'm telling about Blockchain technology, i'm not talking about cryptocurrency and ICO.

[timmmers]

Blockchain was created to bring the trust into the real world, but it is a technology and every new technology has some bugs, but never mind, soon everything will be fixed.

[target]

Hacker can always hack anything like exchanges because its security depends to the server hardening from penetration but a single alteration to a blockchain may completely destroy everything which is why blockchain is immutable. No one yet had hacked a blockchain unless the team who created it do so which investor will eventually lose its trust to the  project if that happens.

[Classica35]

By illustration;
You have a book with a permanent print in it, which cannot be erased and cannot be altered. If I mistakenly place the book in a careless manner, it can be taken away by another person, who finds the print in it to be valuable.

That blockchain is secured, does not mean I should be careless with it. I am responsible for its continual ownership, depending on where I decide to keep it.

If another person, who feels he needs the data, which inherently are immutable, sees it in a carefree manner, he would take or steal it.

So, exchanges where funds were stolen, are responsible for the fortification of their security system.

[Svelto]

The blockchain itself can’t be hacked, it is the crypto exchanges that are being hacked.  That goes to say we can still trust blockchain. On the other hand, you shouldn’t trust an exchange to store your coin.

[nak02]

As we can see up to now, hacking is still unstoppable and many people still trying to take downs those big projects that are low in security, I think we need some projects or company that's focusing in security, just like "HACKEN".

[bellaayu]

They hacked into Exchange and this is back again about the security system owned by Exchange. Everything can happen on this Blockchain and we must be careful when storing tokens on Exchange.

[Mighty_crypt]

Blockchain technology is what can't be hacked not projects running off blockchain or securities ,and moreover we will always see hacked exchanges in the future because I believe hackers always upgrade there tools as well and they will always find loopholes so its left for exchanges ,devs to always upgrade there security and not just rely on the one they have presently

[Little Mouse]

Blockchain is a technology where people can use it for transparency. It is an open source technology and people can believe on it easily because it is available to everyone. What you are exactly trying to know. If you talk about the hack, blockchain was not hack, an exchange was hack. So, it's normal.

[jacafbiz]

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 is not the problem. but those people writing these codes, some of these developers writing these codes are clueless and some rely on forks for their foundation and the inherent problem of the old chain will be carried over to the new ones and also hackers are getting better and anything hack-able will be hacked