Ensuring Blockchain Safety and Security: An Ongoing Challenge

Blockchain technology is often associated with privacy and security, but these attributes have faced scrutiny over the past decade. With a history rooted in cryptography, many blockchain and cryptocurrency initiatives claim to offer unparalleled security and privacy. The industry is divided between public blockchain platforms and private or permissioned blockchains that target enterprise applications.

Previous analyses have delved into the privacy issues linked to blockchain technology, but the overall security of these systems remains a significant concern. Since the introduction of Bitcoin, numerous cryptocurrencies and a wide array of blockchain projects have emerged, encompassing both private and public domains.