Post
Topic
Board Altcoin Discussion
Re: coincheck got hacked in Japan
by
makishart
on 26/01/2018, 23:52:51 UTC

[/quote]
come on, it is a serious question

hacked wallet is the problem every investors don't want to face

it's gonna be some way to prevent it.

I don't know why there are so many people there when discussing merit system

but they suddenly disappear when we really need some help.

I am sincerely asking this question and really wanna discuss about it.

are they busy to find merits?Huh?

Umm Crypdon have a good answer to your question?
Everything else should be stored in a private wallet to which you have the private keys to.

Just don't store your coins on a exchange, if the exchange gets hacked there is a big chance the hacker has access to your private keys and you don't. Also, if you're holding your coins in a private wallet (so not on an exchange) don't download fishy programs that might steal your coins out of your wallet.

Thank you for your help.
but these kind of news happend several times and hackers earned everytime
if people know the risk of putting coins in exchange, why they still doing that?

Because they are trying to avoid the big fees on the decentralized exchange which gives a better security to our amount. Basically it used p2p transaction and it's not send our fund to the hot wallet like what already happened if you are sending your money to the centralized exchange site.

How centralized exchange has a lot of demand rather than decentralized exchange site. They are thinking if that was easy to use rather than dex.