Quote from: Weawant on June 10, 2023, 04:34:34 AM

Quote from: arufox on June 09, 2023, 04:29:32 PM

The crypto market has experienced rapid growth in recent years. However, behind this tremendous potential lie serious challenges related to security and privacy.
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?

There are so many solutions to security and privacy problems. Centralized exchange has made it impossible to stay anonymous while using their exchange because you're obligated to complete their KYC verification or you won't be granted your withdrawal.

We have mixers that can be used to increase privacy, if you withdrew from a KYC exchange, you can send the coins directly to mixers then mixed the coins before sending it your wallets. Make sure you make use of wallets that you have your private keys as that increase privacy.

KYC is the main challenge when protecting the security and privacy of a user therefore making use of exchanges that don't mandate kyc or completely ignoring centralized exchange and only make use to decentralized exchanges will solve this privacy problem.

Not that really a shocking thing on which it would really be that normal that KYC would really becomes more even rampant into these kind of platforms or companies which government cant really just make it slip away.

Exchangers does really involved huge amount of inbound and outbound transactions on which it would really be just that normal that they would really be trying out to regulate these things as much possible which it isnt really that shocking anymore. Its true that most users would really be minding that much about security and privacy on which we are really that been giving importance on but there are really that we do much prefer on things but ending up on having that being filtered out or does give out no choice but to touch up these places. Good thing that we do have other options on which we could really be able to cover out tracks
and would really be still able to execute out anonymous transactions which it could really be done using up by those mixers or touching up DEX.