The cryptocurrency sector faced one of its most significant security breaches this year as stablecoin banking platform @0xinfini fell victim to a sophisticated cyberattack.
We started to see offchain system that don’t need an onchain transactions to transacts, it does not have the same level of security as the public ledger but what does that mean is that in the future we will probably not transact daily on the blockchain but on second layer that communicate to the base layer.
Blockchain is inneficient by design but it allows us to have a decentralized immuable and neutral ledger, we will scale by other mean.
We started to see offchain system that don’t need an onchain transactions to transacts, it does not have the same level of security as the public ledger but what does that mean is that in the future we will probably not transact daily on the blockchain but on second layer that communicate to the base layer. Blockchain is inneficient by design but it allows us to have a decentralized immuable and neutral ledger, we will scale by other mean.