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Ethereum network is not secure!

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Yea precisely! we have seen it occurring before ordinarily and its consistently the individuals accusing etheruem for it and guarantee there is a major issue with their arrange and fail to remember its the trade issue to not have great security.

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It is a big mistake to blame the ETH network when what has been hacked is an exchange, many times people get confused because they are totally different things. The same thing happened with BTC when they hacked several exchanges they blamed BTC and that is very unfair. They do this because they want to discredit cryptocurrencies, people do not join this or that something does not harm.

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On 11/29/2019 at 7:11 AM, Naga said:

Its the exchange that got hacked and you blame the eth network for it? There has also been many stolen XEM coins almost 40 million worth of coins were stollen but that doesn't there is a problem with the coin its the exchange to be blame.

Yeah, it's the security problem of the exchange, not the Ethereum blockchain.
Currently, Ethereum is the second most secure blockchain, after Bitcoin. There are nearly 9000 nodes in the Ethereum network, not just 21 nodes like other blockchains.
Ethereum's problem is just scalability & transaction cost, I think the development team will solve it in 2021 with ETH2.0.

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these are not hacks on the network these are the hacks that has happened on the exchanges and the exchanges are the responsible for that so you can not say that it is the network which is not secure.

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No one should use ether so that it can be recreated for security because I was looking for them too. There is no way to recover the password or keep it more secure like warnings, 2 Fa Factor Code.

  People have been losing hope with Ethereum for a long time so now they will lose even more.

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22 hours ago, Mr JD said:

I don't know about Ethereum is safe .But if you ade safe your Crypto balance then you will using full proof security.Because scammer spread everywhere.They hacked our data.

Current Ethereum blockchain network is based on PoW protocol and huge computing power is being shared by the miners so as it is bigger public blockchain network, it is safer and less risks for getting suffered from the 51% or majority attacks. Author of OP has multiple misconceptions regarding the Ethereum blockchain network. 


 

 

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Of course, Ethereum network is secure, but it was exchange here what was hacked. If exchange gets hacked it is not Ethereum's platform fault. 

Exchange needs to make funds safu. 

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On 1/4/2021 at 6:12 PM, Flash009 said:

In this case, in my opinion, the main flaw is in the exchange security system, if the Ethereum system is in trouble, then the hacker should be able to take the ETH and tokens in all the crypto exchanges. 

Maybe those exchanges which were hacked are just easy targets, because forth and back still it is ether coins which are mostly hacked.

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These incidents have nothing to do with the Ethereum Network, but rather with security issues on both exchanges. The Ethereum blockchain was not compromised in any way. As has been suggested in the past, these exchanges were either quick pray for hackers or an inside job in both cases.

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That's not true Ethereum is secure and a very good coin. I have heard of the hacking story but it was the exchange fault not the Ethereum website and we all know it's common to get hacked in exchange iff you weren't careful enough. 

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Dear in general, the erc20 transmission network is very single, the Ethereum network is very important for its ease and being a very safe transmission network for you. It is certain that there is a mistake in the exchange, not the error from the network, but the person who sent the money, as well as a mistake in the wallet address that belongs to another network, perhaps this  The reason behind this problem, thank you very much

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My friend maybe the platform or the site which you were using it was a scam site so you can not blame the currency because it is a legit currency and it has a real price in the market.

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You don't blame the Ethereum network. Ethereum Network is very safe. Ethereum has worlds best devlopment team. You can blame that exchange site like cryptopia. Those site was hacked but ethereum network is not hacked. Its very safe.

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Dear i don't have any sort of information about that . But if this is true so this is not good because many people use this to withdraw money.

Thanks.

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Whether it is secure or not, hacking is a thing that is associated with cryptocurrecy, no matter which one, however, I have seen lots of talk about Etherium blockchain been hacked or tempered with, so it is high time they look into there problem and find solutions to it.

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Its my point of view ETH network is not scure because in his nekwork we face a many risk. So this is very risk point. I also invest our amount in Eth network so i am very confused.

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