Viewing a response to: @dantheman/bitfinex-blockchain-hacks-and-replay-attacks-oh-my-all-things-that-steem-s-technology-is-designed-to-prevent
I think this is a problem inherent to exchanges containing a central authority in general. This is why I am a proponent of experiments such as [bitsquare](https://bitsquare.io/) which try to provide a secure solution in which users can exchange currencies without worrying about a Mt.Gox or Bitfinex situation. I definitely agree with your statement that if Bitcoin and Ethereum implemented the features that Steemit has put into place, but having an exchange be decentralized itself would also be a huge step in preventing hacks. If there was a feature on steemit.com that allowed users to convert STEEM to bitcoin securely that would be awesome, and since everything is open source there is nothing stopping developers from creating a secure STEEM exchange that is decentralized as well. :) ~ Np
author | nphacker |
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category | steem |
json_metadata | {"tags":["steem"],"links":["https://bitsquare.io/"]} |
created | 2016-08-04 03:15:12 |
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