OpenLedger does not have control over your funds!
It's decentralized, you are responsible to protect your own wallet and funds.
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OpenLedger does not have control over your funds!
It's decentralized, you are responsible to protect your own wallet and funds.
as long as you hold their UIAs they could lose your funds. What you are saying is not true. You should check again, your information.
Of course you are in control of your funds at anytime. If you converted btc to bitBTC or open.btc you're always in control of that Smartcoin or UIA, were in a centralized Exchange you're not. The backing of Smartcoins/UIAs is another story, but your property on the BitShares chain is secure no matter if it has intrinsic value or not. Got that? Don't mix asset collateral and ownership, thank you.