Hacker Noon September 28, 2019
Maria Lobanova

Cryptomarket is experiencing a new rise; more people are entering the crypto space via trading on exchanges or storing crypto assets in wallets. However, lots of problems remain unsolved. Just recently, the Japanese crypto exchange Bitpoint has lost $32M. So, at this point, sending money via blockchain may not seem as secure as they were in the beginning. In this article, I’m sharing my view on how to address the existing challenges.

Transactions on blockchain has many advantages: they are irreversible, they are decentralized and not easy not hack. If you did your transaction on blockchain, nobody can block or take your money how can banks or PayPal do if you transfer your funds with them.Despite the fact that the...

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