Cryptocurrency Q&A What are the disadvantages of open protocols?

What are the disadvantages of open protocols?

GwanghwamunGuardian Tue Sep 03 2024 | 5 answers 1265

I'm curious, what are some of the potential drawbacks or disadvantages of utilizing open protocols in the world of cryptocurrency and finance? Could you elaborate on the security risks, scalability issues, and potential for regulatory hurdles that might arise when employing these types of protocols? What are the disadvantages of open protocols?

What are the disadvantages of open protocols?

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