Quote from: Ansdaoust6 on October 20, 2018, 08:05:03 AM

Quote from: upsidedown75 on October 13, 2018, 06:19:34 AM

Quote from: Xenrise on October 09, 2018, 01:07:42 PM

Yep. Since the cryptocurrency is making its name in the world. Of course it is natural that many scammers will be gone scamming people. It's pretty natural.

This is another way to earn money for those who are expert in coding and decoding. They are capable of spotting bugs in the websites that has the wallets of those who have invested in crypto currencies. This might be any virtual trading site that holds the important information.

This can even be your bank account information and can get hacked which enables the hackers to control your accounts and could be used for many purposes. However all the companies keep it their first priority to strengthen their system and make a secure ecosystem for the users.

Yeah it is the responsibility of the company to strengthen the security system because it is matter of money and if someone is scammed or his account has been hacked, he would be destroyed and will lose his heard earn money in seconds. Bank accounts are more trustable than crypto wallets because bank is responsible for any lose but n crypto nobody takes responsibility.

That is the function of centralization, if a third party makes a mistake like conceding a system because of hacking, they will be responsible because of that, but centralization is full of rules and limits, while decentralization is all responsibility is on yours but there are no rules. so I always make my wallet secure as good as possible, like adding 2fa