Pilgrims of Cryptocurrency: Safety Not Guaranteed
Posted: Sun Jun 26, 2016 8:25 am
This article was written by Richard Gardner, founder and CEO of Modulus Global.
In the aftermath of the DAO debacle, many were left pondering why cryptocurrencies have been hacked time and time again. But, there’s another question just begging to be asked. At what point, if ever, will decentralized cryptocurrency exchanges become the norm?
In my opinion, cryptocurrencies will never be completely secure.
Innately, security will always be the issue which hampers global appeal and mass usage of cryptocurrencies.
Dealing democratically, without human leadership, and through smart contracts, the DAO hack epitomizes this issue. These contracts were based on ... (read more)