How Can Cryptocurrencies Be Frozen on a Blockchain?
E conheça também sobre o Melhor Bot Para Opções Binárias 2022
Que tal um robo gratuito para IQ Option? Sistema Para IQ Option Grátis
The maxim of “not your keys, not your crypto”, is well-known in the cryptocurrency space — and many cryptocurrency users and investors count on this fact when taking custody of their own assets.
It is widely thought that if you take control of your private keys, you will always retain control of your assets, and hence, cannot be subject to censorship. But recent events have proven that this isn’t always the case.
Indeed, you might be surprised to find out that not only is it technically feasible to freeze assets held in an external wallet, but also relatively common. But, unless you’re involved in major criminal activity, the odds of it happening to you remain low.
Despite this, it is wise to familiarize yourself with this relatively unknown phenomenon. Here, we dispel the myth that cryptocurrencies cannot be frozen on-chain.
0:49 – How Does Freezing Funds on Blockchain Work?
1:46 – Why Does a Crypto Freeze Happen?
4:41 – Address Blacklisting and Honeypot Scams
🔔 From crypto news, to market moves, and to educational how to videos. If you want something more than just hype and to actually learn about crypto, make sure to hit the subscribe button right now and turn on notifications to not miss out on new videos!
🔵 Coin Market Cap is the world’s most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto accessible all around the world through data and content.
📲 Download our app!
IOS :
Android :
🤝 Join CoinMarketCap!
Follow CoinMarketCap on social!
📩 Subscribe to our Newsletter!
Nice information cmc team is best
Perfect explanation. Freezing con only be possible if the contract has blacklisting function. That's why its advisable to hold long term savings on native token such as BTC.
"unless you committed a crime"
You mean
"unless you are deemed a heretic by the ruling class because of your wrongthink"
Nobody is stopping actual crime, bro. FBI and CIA are causing more crime than preventing.
sounds like tokens aren't worth buying. only the native assets worth holding.
THis is why i DECRED. The most immutable coin on earth. on it's worst day it's 10x harder to attack than btc.
Scammers are spreaded in the groups inviting in their private message box to hunt you. please be beware from them.
ETH Centralized
Fuck , if asset can be freeze then where is the decentralization. No need to hold crypto
Nice projet
If freezing is to catch bad guys, yes I fully support but I would be stupid to buy shit coins
Just dont use these shit coins that can freeze ya, be safe ppl 💪💪
nice explanation.
👍👍👍👍
When there on a “centralized” exchange like Coinbase or Robinhood it’s too easy to freeze crypto :p
Bummer