The inherent transparent nature of blockchains and their associated smart contracts often lead to hacks and exploits. These security exploits can be addressed by adding a layer of privacy to these open-source peer-to-peer networks
Blockchains have made it possible for the user to own a stake in the Internet. However, the inherent transparent nature of blockchains and their associated smart contracts often lead to hacks and exploits. These security exploits can be addressed by adding a layer of privacy to these open-source peer-to-peer networks.
Thus, privacy-preserving technology is essential to today’s Web3 applications and smart contracts. Privacy networks like Beldex address the problem of irreversible security exploits efficiently
LiveMint spoke to Afanddy Bin Hushni, chairman of Beldex, which is an open-source blockchain building privacy in Web3.
Excerpts:
1. How can DApps balance scalability, security, and decentralization with privacy?
Blockchains today face what is known as...
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