What should digital currency protect? (Digital currency is safer)
What should digital currency protect? With the popularity of digital currency, w
What should digital currency protect? With the popularity of digital currency, what should digital currency protect? Various digital currencies in the current market have been regulated. This includes well-known new digital cryptographic tokens such as Bitcoin and Ether that are increasingly recognized and used by more and more people. Additionally, some criminals are issuing their own virtual currencies to evade risks and engage in scams and more. However, these issues require everyone’s serious attention. Therefore, we believe that for digital currency, it is important to maintain a clear attitude rather than blindly trusting others to buy or sell it. So, we need to manage our own digital assets and not spend our money in big banks. It is necessary to let the big players know the purpose of the money and how to operate it, while also avoiding the occurrence of black swan events or other irreparable incidents.
Digital currency is safer
According to bitcoin.com, digital currency largely shares the same security as other crypt assets like Bitcoin. Bitcoin is designed to be traded like gold and has a low price. However, in reality, as the network usage increases, these digital currencies become less secure. According to a report by BitMEX Research, due to the cryptography, smart contract, and blockchain technologies currently in use, Bitcoin is more vulnerable to attacks compared to Ethereum. Additionally, although the price volatility of digital currencies still exists, in certain situations, they may even be sporadic.
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