| you're not answering the question though. the only thing the system can do is ask more and more from their users, but there is no way to know if the transaction is good: if it looks good, it is good. so it can't enforce anything on its own. a CC payment can look good, but it can be reversed because there other other channels, outside of the CC circuit, to prove those transactions are to be considered fraudulent. There is no such mechanism in the crypto space, so basically they are good unless you have an issue that can't be solved by the chain itself. Because the chain can't enforce anything. p.s. note that I wrote the keys (plural) not the key (singular) basically your answer is "have a multifactor authentication" but if that is broken by some malevolent actor, I can go to the police. There's not true fro Cryptos, if they are stolen they are lost. nothing you can do about it, except begging https://www.vice.com/en/article/v7dv4a/hacked-cryptocurrency... |
"A CC payment can look good, but it can be reversed because there other other channels, outside of the CC circuit, to prove those transactions are to be considered fraudulent.
There is no such mechanism in the crypto space, so basically they are good unless you have an issue that can't be solved by the chain itself."
This is a feature NOT a bug. It comes with it's own consequences of course but that's exactly what makes it enforceable just like physics enforce its laws.