What are the risks of bitcoin real name authentication
bitcoin is very risky. Although bitcoin can be used for real commodity transactions, there are still many restrictions, so its use value is limited
moreover, bitcoin has certain political and legal risks. If bitcoin is prohibited by law in the future, the money you invest in bitcoin may be wasted
in addition, the security of the platform is also very poor, and there are great risks in the storage and trading of bitcoin. After all, bitcoin only depends on source code to store, so once stolen, it is basically irreparable. Many trading platforms have been attacked by hackers and lost a lot of bitcoin
the quantity of bitcoin is also limited, and it is vulnerable to price fluctuations. Its highly volatile exchange rate just shows its instability. After all, it lacks a strong financial system to support it.
BTD is a blockchain project based on distributed cloud storage launched by bitmi foundation of Singapore. BTD is a kind of digital asset, which can be traded through BTD wallet, just like we need to register and real name authentication when we want to buy digital currency, such as bitcoin, Ethereum, etc. BTD real name authentication is confirmed by Alipay or WeChat's real name authentication system. You are what I am, not someone else who impersonate you or machine maliciously. Your Certified data will not be given to BTD. So, considering this point of view, there should be no danger. Now we need real name to buy a ticket, take a subway, and take a bus. Our real name information has flooded the whole network. How to ensure the security of our personal privacy information is a problem that can not be ignored I hope my answer will help you< br />