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Ethereum network is not secure!

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1 hour ago, Anamul12 said:

I think there are many hackers work for stolen all users in exchangers. I advice all beginner users they must take attention doing strong password and choose best wallet and exchanger

Right to say when we provide our wallet security strong then no one hackher can easily stole our Ethereum and other coin.

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On 11/28/2019 at 1:48 AM, faceless said:

I think that Ether is not secure, I did not do much research just noticed after these two incidences stated below.

 

  • Ether hack on cryptopia exchange
  • Ether hack on Upbit exchange

The reason behind that hacks is the level of security in that exchange and it is not about the security of Ethereum network as the attack was not pointed to the ethereum network instead is is pointing to the exchange. 

 

Though compare to bitcoin network, Ethereum network is less secure but with regards to hacking. There is no huge attack that happened so far in ethereum network so we can conclude that as of this moment, we can safely use ethereum. 

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On 11/27/2019 at 1:48 PM, faceless said:

I think that Ether is not secure, I did not do much research just noticed after these two incidences stated below.

 

  • Ether hack on cryptopia exchange
  • Ether hack on Upbit exchange

I believe nobody really cares about security on exchanges, because the centralized nature of these businesses make them vulnerable to hack attempts, that's why it's important to never use a exchange account as a wallet and withdraw your funds as soon as you are done with these exchanges

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Welcome with me
I think that hackers' penetration of some trading platforms does not mean that the broken currency is not safe. We must differentiate between the hackers of the trading platform wallets and the hackers of the currency blockchain.

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I don't think there is any thing like this because Ethereum is one of most updated and best technology in crypto world and devs doing best for for many years even community is also checking all things if they feel any problem then surely they give any statement about this but there is no problem like this just few trolls doing rumours about this for some time.

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i also heard about etherum is not secure but i not use etherum before i m new user here any one help me this etherum is safe or not for us

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I have a bad idea about the ethereum network, I have such a rating and it makes me feel uncomfortable, even though there are many different opinions about it but I still do not have much faith

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Why  blame ETH network I can't understand ETH is not wallet its just a coin like all crypto coin, hackers hack exchange and account not coins so if you blame only exchange, because they can't provide strong security, and account holders they can't store their private keys safe then the hackers stolen their coins.

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the ETH interact is fasten down 100% and that diverse from the exchange itself confidence we achieve bear in mind how the prevalent exchanges like binance got hacked and the eth network discourteous arrange not anything to sort out with that 
 

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I don't think blaming ether network is good bro. Because the hackers had hacked the exchange. Likely if a bank got stolen you blame cash of bank or blame bank? So bro ether network is really secured.


NOTHING I SAY IS FINANCIAL ADVICE. YOU SHOULD USE YOUR MIND ,FOR YOUR MONEY,

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On 11/27/2019 at 6:48 PM, faceless said:

I think that Ether is not secure, I did not do much research just noticed after these two incidences stated below.

 

  • Ether hack on cryptopia exchange
  • Ether hack on Upbit exchange

this say nothing about your sentence. etherum was stolen by 2 exchanges and then? what does it have to do with the fact that the ethereum network is not safe? really there is no correlation, the only thing i see is that those exchanges need to improve their security.

said that the ethereum blockchain is safe, don't trust this guy

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Hacking occurs not because of an insecure ethereum network, but security on the exchange. So you can't say that ethereum networks are not safe.

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I think this is true. I have heard about something like this. That's means either is not secure . It is not save for us .Hacking related issues on ethereum blockchain is really shocking  

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security control is not soon in ethereum but in increase description other exchanges, nothing is absolute, toformerly how long. Don't demand too much slow deployment


 

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No one should use Aether so it can be recreated for security because I was looking for them too, not a way to recover passwords or protect them like alerts, 2 factor code. People have been losing hope with Ethereum for a long time so now they are losing even more.

Ethereum network is always the main target of hackers, because Ethereum network is very large at the token velocity always I always remind you never to put all our tokens in one exchange. And enable 2FA protection so that it is not easily hacked.

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What you just stated has nothing to do with ethereum network to being with, exchanges are responsible to keep funds secure and they are the one that should be doing a bad job in their work so things like that happen in their exchange.

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9 minutes ago, Kgn78690 said:

Yes that's absolutely true because every single day millions of dollars cryptocurrency is getting hacked and developers can't do something in this 

and can you explain to me how is that becoming a fault of the ethereum developers? those coins have their own developers but they are working on etheruem network by choice and not forced to.

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On 3/10/2020 at 9:31 AM, duncun007 said:

and can you explain to me how is that becoming a fault of the ethereum developers? those coins have their own developers but they are working on etheruem network by choice and not forced to.

Maybe there is a weakness on the blockchain or network of ethereum, that is why hackers target it, that is then the fault of the developer.

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5 hours ago, cyzigty said:

Is there a clear hypothesis why ethereum systems are not secure? I think the hacking case that happened some time recently was not due to a organize mistake but on an existing trade framework escape clause, Apabpila you have got a piece of that clarifies around the hacking case since of ethereum organize blunders in case I may inquire for the interface.

The fact that many crypto hackings involives Ether makes investors doubt, investors are not programmers  so without explanation they would believe what is right presented to them.

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On 3/12/2020 at 1:22 PM, Jihadoo07 said:

The exchanges got hacked, not the coin ecosystems . Soon after Cryptopia got hacked they were shut down and now have problems with the law

I want to know if cryptopia was centralized or not, just to know if decentralized exchanges are above the law or not.

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I cannot give you my opinion on this matter because I am not a specialist in protecting networks, but I believe that the platforms are the ones that enjoy a weak level of protection and not the Ethereum network.

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On 11/27/2019 at 8:48 PM, faceless said:

I think that Ether is not secure, I did not do much research just noticed after these two incidences stated below.

 

  • Ether hack on cryptopia exchange
  • Ether hack on Upbit exchange

I don't think so.
Because if someone hacked ETH, they can easily hack any cryptocurrency.
I don’t think that sponsors of cryptocurrencies will allow this.


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Ethereum network is secured and it has no problem of bugs or others that will hinder the work of the ethereum network, it has been secured than ever

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Actually,not only ether who is not secure but almost everything inside this online world are not secure,even we want to keep safe,hackers are smart enough to make money by their own way. Being more careful only is what we can do as we can't control everything.

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Yeah, things like this happens, no matter how secure you think it might be, these hackers are always looking for lops in the crypto system so as to steal informations or foturne this is why you just need to keep updating security measures.  

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