Post
Topic
Board Announcements (Altcoins)
Re: VERITASEUM DISCUSSION THREAD
by
azmojo
on 06/12/2017, 21:06:25 UTC
https://twitter.com/Datavetaren/status/938443957197033472

Is there an answer for this related to VERI?
This is not something that is unique to VERI.
It is something that affects all businesses really. Any blockchain systems are only secure as long as the keys are secure. If you are worried about keeping your keys secure or a 3rd party keeping their keys secure you either shouldn't be in crypto or you should take measures to counter the risks, such as removing your cryptos from centralized exchanges.

The risks are not unique. The same risks applies to banks, except that they are insured but only to a point. And a physical vault or storage is only as secure as its physical security.

So what in this world is without security risk?