Quote from: m2017 on Today at 10:42:20 AM

Quote from: Firlis on July 12, 2023, 11:27:04 PM

The birth of digital currency has brought about great changes in human life, and it is also the most popular payment method for people. Because of convenience and speed, digital currency has become a trend!
However, there are also some security risks. The payment and circulation of electronic money rely heavily on various networks, and there are various operational risks, such as deliberate embezzlement of other people's accounts, internal crimes committed by issuers, and malicious intrusions by hackers, all of which will damage electronic money. interests of currency holders.
We look forward to a breakthrough technology that will make our digital currency transactions more secure and convenient.
I saw someone send a message on the reddit forum. A breakthrough new technology is a disorderly decentralized structure. It is decentralized and does not form blocks. It solves the technical barriers of the original decentralized platform, and it is an offline transaction. Everyone Are you looking forward to it as much as I am?

Since the advent of paper money, of course, digital money has been a breakthrough in this area and a new evolutionary step in the financial sector. Of course, this is a fast and convenient payment method, but at the same time, it is not ideal. Don't forget that digital money lacks privacy and confidentiality (not to mention exceptions).

With any form of money, there will always be security and safety risks. Whether it is cash in your pocket, which must be protected from thieves, or digital money, which is hunted by hackers and scammers.

No matter how new and revolutionary technology appears for digital currency transactions, there will always be vulnerabilities in it. Which, no doubt, attackers will always try to take advantage of. Therefore, I don't share your opinion that the miracle technology will solve all security problems. Also, the most vulnerable point will remain a person, that is, the owner of digital currencies himself, and here no new technologies can replace reason and common sense in the actions of the owner.

Wait - don't wait, but progress can't be stopped and new technologies will appear. It will be great if the decentralized and messy structure that you briefly talk about turns out to be really viable and finds use.

If there is a cryptocurrency with the same currency capacity as fiat currency, then where will the existing cryptocurrencies go?