Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!
by
flobdeth
on 16/07/2014, 01:45:12 UTC
And the golden rule remains - only leave your funds on an exchange for the minimum time - trade and get out.

There is just a small alarm bell related to the vulnerability of central control by a malicious dev or other group - for any coin.




The first point is a great piece of advice, so many people get lazy and just leave coins on exchanges, until someone creates a truly decentralised exchange, buyer beware *cough*Gox*cough*