Revoke.cash founder Rosco Kalis said that as long as scams and hacking are prevalent in the crypto industry, it will be difficult to attract enough new users to make cryptocurrencies mainstream.
This trend will continue until cryptocurrency users fully understand how the industry operates. Addressing this common problem requires educating new crypto users on industry-specific security topics.
A better solution is to give users the right tools to protect themselves without spending too much time on education.
Tools that can enable pre-trade checks warn users of what their trade will do, making it easier to understand what the user is doing.