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RE: Security

in LeoFinance2 years ago

The main point to be made here is that Hive is one of the few places people can park their money and not have to worry about it being stolen.— how great and surreal can this ever be ?!, certainly inestimably priceless.
The world of cryptocurrency and cyber security are somewhat intertwined . One cannot forgo the other. By all means possible it is essential to make the safeguarding and protection of our keys and data top of the bucket list .

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I love your enthusiasm but saying it can't be stolen is unrealistic, we all need to be aware of all risks involved. Most of us fight to stay educated on the ongoing battle between technological development and ongoing vulnerabilities. We might be safer in the hive ecosystem than most, but there are always risks though.

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Yeah, it can't be stolen except you use a wrong key for a transaction or share your keys or click on a phishing link.

There's always risk and there those lurking here the cause havoc.

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let's be honest. that's still not completely true. let's take axie infinity for example, it was hacked by leveraging a vulnerability in the ronnin bridge. none of the users that lost money in that hack did anything wrong. There are always risks, and a lot of them exist beyond the end-users control.

Agreeable but here we are on hive blockchain not a bridge that involves variety of people linking through from one chain to another.

Losing your keys on hive is entirely on you, whatever happens must have been something done knowingly or unknowingly.

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hive was originally forked from steemit because someone managed to figure out how to hack the whole chain. one big hostile takeover. granted this event caused hive to become way more secure, but thinking that risks don't exist is naive. There are always risks, the entire ecosystem of blockchain technologies is still very new. I do absolutely think hive is more secure than a lot of blockchains, but I'm unwilling to think of it as risk free. Also, there are a ton of bridges on hive, it would be impossible to move money into hive from any other chain without a bridged, and there would be no liquidity mining.

I absolutely agree, hive is secured but it's not over its head above a breach.
There's always a risk.

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Park your funds without sharing your keys.
Absolutely the future keeps getting better.

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