Post
Topic
Board Bitcoin Discussion
Topic OP
Is blockchain safe for Bitcoin storage?
by
Superdoctor
on 02/07/2022, 06:00:39 UTC
Blockchain is a very secured decentralized technology where different  types of information can be stored, In the case of Bitcoin, blockchain is being used in a decentralized form by which  no person or a group can have  control over another persons account— meaning, all users collectively have control of their accounts respectively. When you create an account on blockchain, the best thing to do is verify your email address and complete the three key verification factors. This will make bitcoins stored in the app more secured.
 Blockchain transactions are secured so it’s safe to store bitcoins although one has to be very careful not to forget your password or give out your wallet ID or any valuable information concerning your account. Hackers and scammers has found different ways to gain access to peoples account so everyone has to be very careful about informations related to blockchain accounts. This will make it more safe for storage of any amount of bitcoins now and in the future time to come.