Blockchain security: Economic vs technical attacks

One of the many promises of blockchain technology is that it allows users to store and exchange valuable information in a secure and tamperproof way. But how secure is blockchain really?

David Lancashire, founder of Saito, and Sarah Zhang, founder of Points discussed blockchain’s vulnerabilities and long-term security issues during a panel on TechCrunch Shenzhen’s blockchain side stage.

When talking about blockchain security it is very important to identify “security from what and security for what,” said Zhang, who co-founded Points—a scalable blockchain data collaboration protocol for credit scoring and finance.

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