Can FORSAGE be hacked?
We are often asked if FORSAGE can be hacked. What if someone hacks into a decentralized system? Will the money be lost? Let’s wrap things up once and for all. In this article, we’ll see why a decentralized system is much safer than a centralized one.
Why do we need decentralization?
The Internet as a global network went through 3 phases in its development. Web 1.0 contained mainly personal pages of users and was poorly distributed. Web 2.0 belongs to centralized companies and is most widespread right now. Web 3.0 is the phase that began to develop quite recently and is still in its infancy. However, it is already clear that decentralization, autonomy and anonymity will be pivotal in it.
In the next 10 to 20 years, all the main Internet services will evolve, master the crypto-economics, and provide an opportunity to use decentralized networks that give users maximum freedom and confidence. It is sometimes mistakenly believed that decentralization is needed only to resist government censorship. In fact, this is just one of the benefits that ensure the superiority of decentralization over-centralization.
Since its first emergence, decentralization has demonstrated its effectiveness in protecting blockchains and other infrastructure networks from the danger of being compromised. This is the main reason why we chose this path for FORSAGE.