I think this is an important point which directly impacts the expansion of the blockchain industry. Consumer and Enterprise touchpoints are mostly through exchanges and wallets.
Now while the blockchain itself is secure by default, the exchanges and wallets have routinely displayed vulnerabilities. Even though this should not malign blockchain as a technology, it does it anyway because these wallets and exchanges are the main customer touchpoints.
For example, if an Uber driver is rude and mean and a terrible driver, you are more likely to have negative feelings about Uber because the driver is one of your main touchpoints with the company.
Tldr; Wallets and exchanges need to drastically improve security because they are the main consumer touchpoint, for the crypto industry to improve credibility and adoption.
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I think this is an important point which directly impacts the expansion of the blockchain industry. Consumer and Enterprise touchpoints are mostly through exchanges and wallets.
Now while the blockchain itself is secure by default, the exchanges and wallets have routinely displayed vulnerabilities. Even though this should not malign blockchain as a technology, it does it anyway because these wallets and exchanges are the main customer touchpoints.
For example, if an Uber driver is rude and mean and a terrible driver, you are more likely to have negative feelings about Uber because the driver is one of your main touchpoints with the company.
Tldr; Wallets and exchanges need to drastically improve security because they are the main consumer touchpoint, for the crypto industry to improve credibility and adoption.