I think Blockchain can be hack ,if not why is Coinbase hack recently,and coins are being remove from Coinbase and transfer to other exchange like binance,this makes Coinbase change their principle of register and makes binance block some users account
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A binance account can be hacked just like your Facebook account can be hacked because you login binance using Gmail but it doesn't mean blockchain can be hacked.
Yes centralised body can be hacked at anytime
This is why decentralized is more safe than centralised
Yes
Technically decentralized means you are responsible for anything that happens to your funds
I would prefer centralised exchange because I trust cz binance even though it's hacked they would refund
In binance, your wallet was not hacked it is your account that was hacked
There are many time centralised exchange was hacked
Centralized exchange hacking even created fud to cryptocurrency world longtime ago
The 3 major fall of btc was because a centralised exchange was hacked
Those news do not say individual account was hacked but binance wallet was hacked
Binance used wallet for everything involved in there
Oh ok ,I get it now
Coinbase is a centralised exchange.
Centralized exchange account can hacked not the wallet
There are different
A centralised exchange account can be hacked not the wallet
There are difference
A centralised exchange account can be hacked not the wallet
There are difference