Post
Topic
Board Economics
Re: With Hackers everywhere, How safe is Cryptocurrency?
by
Howits
on 25/09/2018, 06:02:46 UTC
Its no longer news that an ICO in Japan has lost over $400 million to hackers. They promised to pay back investors who invested in their ICO. Thsi is a huge loss. After I read that news, I began to wonder. How safe is Bitcoin and Other altcoins? What measures should we take to avoid being hacked ?

The fact that cryptocurrency is computer base and involve billions of money then I am sure that those skilled will surely target the cryptocurrency this is why the assurance of your wallet safety is quite low regarding security.
You're right hackers are everywhere but that's not matter what they do they can't break the strong security of block chain. I've not hear any news yet about hacking block chain where nice-hash got scammed last year.