The crypto market has experienced rapid growth in recent years. However, behind this tremendous potential lie serious challenges related to security and privacy.
When we are talking about the general terms which is cryptocurrency that has brought every other digital currency into same approach, we cannot but different bitcoin in cryptocurrency that it's different from the same consequences other crypto received in terms of security and privacy matters, bitcoin is the only most secured and privacy digital currency anyone can choose to adopt, other cryptocurrencies are centralized and there's lesser security and privacy on anything centralized.
What many people are asking is what are the main challenges faced in protecting the security and privacy of users in the crypto market? How can the crypto industry overcome these challenges?
Everyone of us constitute to the change in cryptocurrency, if you engage in scam or promote any related activities in scam, we should learn about bitcoin, know the difference between this and other cryptocurrencies, avoid investment on shitcoins, then take custody of our asset into our possession, avoid third party interference, avoid centralized means of holding our digital coins by being decentralized using a cold storage wallet, if all these were taken into consideration we may not have issue related to scam, security and privacy challenges.