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RE: The Virtual Economy Will Be Enormous

in LeoFinance3 years ago

Totally agreed as it will certainly grow enormously but the aspect that needs more input is the security of accounts.
If I could code, I would develop and app that could track the status of all accounts.
Should an account be hacked, this app will re-instate the status of the account and track the hacker whose account will be frozen and forfeited.
Maybe just a pipe dream and sorry that it's a bit off topic.

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The problem with that idea is then someone could freeze accounts. That is the opposite of own your account.

Because if you can freeze an account for hacks, you can do it for buying bubble gum. Or posting about something not liked.

Or the list can go on.

Posted Using LeoFinance Beta

I understand and I agree, as freezing could get out of hand, but then there has to be some other way to prevent the dangers of one's account to get hacked.
Enhanced security means peace of mind and many have lost all of their hard work overnight.

Well that is where keys come in. Cant get hacked if one protects his or her keys.

Now on platforms, that is a different matter. A lot of the hacks are due to poor DeFi contracts getting exploited.

Posted Using LeoFinance Beta

Oh yes, one has to be very watchful and many make mistakes.
Hackers will always find a way to exploit.
Such is life.

Cybersecurity is a great field to go into these days.

That one is not going away anytime soon.

Posted Using LeoFinance Beta

So true and security is growing all of the time.

Agreed with your second point and it might never be eradicated.