Should form the basis for decentralized finance

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Question: one of the items in the code of ethics for early hackers was "Mistrust authority-promote decentralization." This item is also cited as one of the reasons for the promo of blockchain technology and decentralized finance (de-fi). However, note that many of the cryptocurrency exchanges are being attacked by cyber criminals who are able to steal billions of dollars through these malicious hacks. Consider whether the ability to conduct secure transactions should form the basis for decentralized finance? Explain why or why not

Reference no: EM133286418

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