Your database can become someone else's leverage—especially when it's centralized. In crypto, this principle cuts deeper: whether it's exchange databases holding your account data, or on-chain transaction records, who controls the infrastructure controls the risk. Self-custody and decentralized architecture exist precisely because centralized data is inherently vulnerable. The question isn't just about security—it's about power.
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HackerWhoCares
· 10h ago
I'm just saying, the centralized exchange's database is a ticking time bomb; a disaster is inevitable.
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MoonWaterDroplets
· 11h ago
That's not right. The data security issues at centralized exchanges have been a well-known topic for a long time. The key point is that most people simply don't care and still keep throwing money in.
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StableNomad
· 11h ago
ngl this hits different after watching ftx implode. centralized databases aren't just security theater—they're literally leverage points waiting to get exploited. reminds me of UST in May when nobody could actually withdraw because infrastructure was the real counterparty risk all along
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FloorSweeper
· 11h ago
Centralized exchanges? I've seen through them long ago. It's better for us to hold our private keys securely ourselves.
Your database can become someone else's leverage—especially when it's centralized. In crypto, this principle cuts deeper: whether it's exchange databases holding your account data, or on-chain transaction records, who controls the infrastructure controls the risk. Self-custody and decentralized architecture exist precisely because centralized data is inherently vulnerable. The question isn't just about security—it's about power.