Three strategies to address blockchain risks

cz perspective
1. Most digital assets in blockchain architectures have a possibility of a 51% attack. This situation mostly occurs with teams focused on technological innovation, where they need to design this mechanism a bit better, and power cannot be too centralized; it must be spread out quickly. Therefore, whether participating in or investing in any blockchain asset, it is essential to ensure that it is sufficiently decentralized and not just a small entity controlled by a few individuals.
2. In the management of wallets, because most blockchains still have a wallet's private key, the private key encryption itself is very safe, and most people are that it encrypts the thing that is difficult to save safely, because you save it on your own computer, on your own mobile phone, you have to save the two parts, one is not can be stolen by others, the other is that you can't lose it, now few people say that the things on my own computer will never be lost, and will never be stolen, which is difficult to do. But this thing is not a mathematical asset that is insecure, but the security of your own computer is relatively weak. The simple way is to buy a computer without installing anything, just put your own wallet, and then usually do not plug in the network cable, do not download software, the hard disk should be backed up, and the backup hard disk is generally used with a software called eraGrypt. This is generally the industry's encryption is relatively safe, and you must remember a password in your head.
3. This is an emerging industry, and many people are using the Blockchain label to do things that are not related to Blockchain at all, to scam and deceive others. Whether investing, participating, or using any coin, you must understand the team behind it, and you must spend time doing your own research. You can't just follow others because they say the price of this coin will go up; otherwise, the risks you take will be very high. If you lose money, you can only blame yourself for not doing this research.
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