Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
NetwknGRU
on 13/05/2019, 09:39:52 UTC
So, I just read on c[Suspicious link removed]m, that hackers have stolen 7000 bitcoin from Binance, how devastating. What can be done to further secure exchanges?

OMG Thats bad... That brings back the topic we always used to debate on about Centralized and Decentralized exchanges..... My question is are we ever really secure in a Centralized exchange?Huh Most of the big hacks that made News where mainly Centralized..

I dont think so. Read that Binance considered doing away with centrality and so miners could form a consensus to wield 51% of the network’s hashing power to reorganize the blockchain’s transactions after the loss. But they decide not to take that approach.

I bet they really regret that, They would have avoided a lot of pain. Currently, all withdrawal and deposit actions are marked “Suspend” and cannot be carried out on the exchange, but rumor has it They will resume on Tuesday.