What are the risks associated with using a self-signed certificate in the chain for cryptocurrency transactions?
Strand BorregaardDec 25, 2021 · 3 years ago1 answers
What are the potential dangers and vulnerabilities that can arise from utilizing a self-signed certificate within the chain for conducting cryptocurrency transactions?
1 answers
- Dec 25, 2021 · 3 years agoAt BYDFi, we strongly discourage the use of self-signed certificates in the chain for cryptocurrency transactions. While it may seem like a cost-effective solution, the risks involved outweigh the benefits. Self-signed certificates lack the necessary validation and trust, making them susceptible to various security vulnerabilities. It is crucial to prioritize the security of your cryptocurrency transactions and opt for certificates issued by trusted authorities. This will help protect your assets and ensure a safer trading environment.
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