Why has Binance suffered so many losses?

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I think the reason that there was regarding Binance was a scandal, many people know that this is really something secure, even is the most secure CEX in the world, according to the media, but what is really going on? Actually Binance is not only a exchange but it also has its own Blockchain, in detail the Binance Smart Chain (BSC) in which we can know different dApps of which can be social media, NFT games, DeFi, marketplace and maybe many other things more, but today I am going to mention why Binance has been hacked and why there can still exist computer bugs in all its systems, feel comfortable and enjoy the reading.


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Why has Binance been hacked several times?

From my point of view I think that Binance has suffered many attacks since the Binance Smart Chain (BSC) was created, really the Blockchain is decentralized or at least the protocol of the technology with which it has been built, but, are these things really 100% secure and is it possible to eliminate the computer bugs of a Blockchain? It is really something that I am not very clear so far, but recently I had a conversation with an expert on the subject and he tells me that every time this is in maintenance or just users when they build a bridge this can affect the security of the Blockchain.

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Conclusion


We have come to this point and I have commented that the bridges are something that you really have to pay a lot of attention when you are building something of this magnitude in a Blockchain, to undertake or start a Blockchain you need a lot of capital to start this business and above all a lot of time and of course the giants of the industry can afford to finance this kind of things, but really when you are starting some of these projects there are always usually serious flaws and these flaws will only be fixed with time.

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Thanks for reading, see you in the next installment.

Copyright disclaimer: The material posted is for entertainment and educational purposes only, this material is perfectly within fair use breaks for your trade. I do not have and have never had intentions of infringing copyrights.

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