Should We Trust Blockchain ?

[tbossmitche]

I think we are actually have some things mixed up here. Blockchain in itself cannot be hacked and executed activities cannot be modified or reversed. That is to say, the technology is as secure as you can hope for. The security concern we really do have with cryptocurrency exchange platforms is not actually about blockchain technology itself. These exchange platforms often use $iffering ways to secure their exchanges. This directly means that hackers can find their way around security measures on exchange platforms and help themselves to the funds of users.

The problem is simply with the exchange platforms and not with blockchain technology.

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[semobo]

We are using bank system now and it means we are trusting banks and people can manipulate numbers in banks because they are centralized, I would rather trust to numbers instead of people, It is always safer because 2+2 is always equal to 4.

Don't trust anybody is the principle of decentralization so it's better to trust ourself then trusting a trusted third party right.
But exchanges are not using blockchain to store any cryptocurrencies so the hacks where happening due to the low security of exchange not due to the problem with blockchain technology.

[smithelemuo]

Blockchain is the mother of the cryptocurrency inventions. It is pretty trustworthy. There is a chance that cryptocurrencies may fail, but blockchain technology will certainly remain or be modified

[maxilopez]

I am sure that it will never be better to be hacked and you should not doubt it.BTC

[Barinerro]

Blockchain is the mother of the cryptocurrency inventions. It is pretty trustworthy. There is a chance that cryptocurrencies may fail, but blockchain technology will certainly remain or be modified

At the moment, I think the blockchain has worked well and is unlikely to be something different changed , I think the blockchain will exist until it comes to replacing another technology but for now it is much better than Fiat money

[TastyChillySauce00]

Blockchain is the mother of the cryptocurrency inventions. It is pretty trustworthy. There is a chance that cryptocurrencies may fail, but blockchain technology will certainly remain or be modified

it is not pretty trustworthy but it is absolutely trustworthy
There is no way a blockchain which programmed.properly and verified ny the whole community by making it open source could think by itself and scamming people.

[a4techer]

Yes we can trust blockchain because  this is the center of all data that connected on altcoins and now some of banks and establishment was now using blockchain to store data so it means the security was not easy to hacked  but we don't  know how the hackers do for them to hack it.

[Matthewmorris4]

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.

but the longer it will be more difficult, because in addition to the mental traders, fundamentally the current conditions do not support the development of a whole cryptospace, Its very bad to facing a market with this, maybe only some point that could be statment blockchin can be trust

[Akpuv]

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 ?... 

The security breaches experienced in those top exchanges is a huge call for concern. Imagine if the blockchain technology is used in a national election voting system and it got hacked, it means the elections will not be credible.

[Lexurdania]

Blockchain technology should be secure. Hackers can steal our coin and token because we not saving our private key. If we keep private key safe and not share it to anyone, i am believe our wallet secure and we should always aware on suspicious link

[akram143]

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.

but the longer it will be more difficult, because in addition to the mental traders, fundamentally the current conditions do not support the development of a whole cryptospace, Its very bad to facing a market with this, maybe only some point that could be statment blockchin can be trust

The experience the people are definitely say blockchain is the best way to make money and they don't have doubt about their investment still in this situation also but then you people are the big problem they invest some amount in an Crypto but they are get their investment very soon it will be the main problem going on here if it was reduced then the value will definitely grow again for all the Crypto.

[glendall]

all the events that you mention are like exchangers that get hacker attacks or ETH that delay hardfork,
This is not because of using blockchain technology, but blockchain technology really makes it easier for us to make transactions,
if I see a hacker attack occurring because the security at the exchanger is not good enough.

[lutcor]

Most likely, yes, because today there is no information that would say that the blockchain can be hacked, you understand that this is generally impossible, because there is a POW protocol