common-close-0
BYDFi
Trade wherever you are!

What are the potential risks and challenges associated with using dapps in the realm of digital currencies?

avatarkhris51Dec 19, 2021 · 3 years ago1 answers

What are some of the potential risks and challenges that users may face when using decentralized applications (dapps) in the context of digital currencies?

What are the potential risks and challenges associated with using dapps in the realm of digital currencies?

1 answers

  • avatarDec 19, 2021 · 3 years ago
    Using dapps in the realm of digital currencies can be risky due to smart contract vulnerabilities, lack of regulatory oversight, and scalability challenges. Users should review smart contract code, be cautious of scams, and consider the limitations of blockchain scalability.