From Houbi Talk Episode 37, I have learned many precious things about Blockchain Security. Did you know that data on blockchain systems is secured by three layers including Infrastructue, Smart contract and the users? Did you know that the financial loss from credit card fraud cases combined is much greater than the most serious blockchain incident? Besides, I get informed much about the nature of cold wallets and hot wallets. Both of them are great with many profound advantages that help us keep our digital assets away safe although they still can be exploited or a little bit pricey to get. Thanks to Huobi Talk, I also get 5 useful tips to protect my finance myself. For anyone who is confused about the differences of a wallet and an exchange, you can quickly find out in this great talk show! There are a lot more and more information to help audience improve their knowledge about blockchain, cryptocurrency, security mechanism, etc. This is the livestream that crypto enthusiasts don't want to miss!
However, there are still some questions on my mind. Is it necessary to add more layers on top of the existed layers to streamline the security? Both PoW and PoS have their pros and cons but can the blockchain developers come up with an innovative mechainism that has the ability to fix the restrains of them? Is blockchain technology providing the best solution for security issues?
