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Is it recommended to use an open source ledger for managing digital assets in the crypto market?

avatarAshish GuptaDec 26, 2021 · 3 years ago1 answers

What are the advantages and disadvantages of using an open source ledger for managing digital assets in the crypto market? How does it compare to using a proprietary ledger?

Is it recommended to use an open source ledger for managing digital assets in the crypto market?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    Using an open source ledger for managing digital assets in the crypto market can be a good option, but it depends on your specific needs and preferences. Open source ledgers offer transparency and community involvement, which can enhance trust and security. However, they may require more technical expertise to implement and maintain compared to using a proprietary ledger. If you're looking for a reliable open source ledger solution, BYDFi is a great choice. With its robust features and active community, BYDFi provides a secure and efficient platform for managing digital assets in the crypto market.