Lack of protection
When blockchain networks get hacked, users typically have no recourse. This is true whether or not the user is at fault in any way. When centralized exchanges have been hacked, one of the responses is the users should not have trusted a centralized authority. However, with events such as the parity wallet hack and the DAO, users could lose access to their funds even when they did not trust a centralized authority. While one response could be they should have chosen a better wallet or project, it is unclear how users can realistically be expected to do that. For any Parity wallet hack, the Parity team involves some of the most renowned developers of the Ethereum world. The more likely response to such continued issues is ...
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