- Scams and hacks are preventing new users from entering the crypto industry.
- Crypto theft will continue until users become adequately educated.
- Escalating cyber threats signals an urgent need for fortified security measures.
According to Rosco Kalis, founder of Revoke.cash, it will be hard to attract enough new users for crypto to become mainstream as long as scams and hacks are prevalent within the crypto industry. Kalis said this to Coinedition while analyzing the increasing cases of crypto hacks occurring in the blockchain industry.
The security expert noted that the trend would continue until crypto users become adequately educated on the workings of the industry. He proposed that solving this prevalent problem would require educating new crypto users on the security topics peculiar to the industry.
Kalis also noted that the better solution would be to provide users with the right tools to protect themselves without too much time spent on education. Tools that would enable pre-transaction checks, where users are warned of what their transaction will do, thus making it more understandable what users are doing.
Contributing to the same topic, Hartej S…
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