Topic: Alternative Block Chains : be safe! - page 16. (Read 1619240 times)
It's a risky investement, like any cryptocurrencies are, especially the unknown ones. The more the risk, the bigger the reward, however it's good to think about the safe options and calculate the risks precisely.
I think although alternative block chain can help for safety but it is also must aleart from scamming.
Thank you Gavin! Posts pretty good!!
I heard there's alernative coin base ICO doing great call GCOX acm coin,at their first ITC already oversubscribe over 50%
check out their official website at GCOX.com
check out their official website at GCOX.com
Thank you Gavin.
The only things I might add is that "use a different password" isn't limited to exchanges, but applies to forums, emails, and even pools
, and that some antivirus heuristics seem to hate anything that has mining code in it and isn't explicitly whitelisted.
just add additional input, use a password with a different character, for example a combination of upper and lower case letters mixed with numbers plus random punctuation marks. I think it's pretty safe in the password. Don't keep it in a laptop but keep it in a flasdis that can be carried anywhere. The only things I might add is that "use a different password" isn't limited to exchanges, but applies to forums, emails, and even pools
, and that some antivirus heuristics seem to hate anything that has mining code in it and isn't explicitly whitelisted.
I lost sleep in the past 3 months, reason being that there is still no way anyone could retrieve funds lost on the block chain. Can someone please tell me why the technology is lacking that mechanism?! If there is such a correction I would be glad to know about it, so I could retrieve funds lost in an altcoin recently!
now I'm trying to invest some money in a virtual currency and the information given was very useful to me, and it will not allow me to make mistakes in my choice. 
That's sound great, because the prices of altcoins is low now. Best wishes for your investment, buddy ! <3 You need to be careful about the software. Do not skip the suspicious links. And create a complex password. 
P.S. And do not forget about the protection of your wallet ..
You really think this is gonna help with the break-in? If hackers want to break in, they'll break in. P.S. And do not forget about the protection of your wallet ..
You need to be careful about the software. Do not skip the suspicious links. And create a complex password. P.S. And do not forget about the protection of your wallet ..
P.S. And do not forget about the protection of your wallet ..
now I'm trying to invest some money in a virtual currency and the information given was very useful to me, and it will not allow me to make mistakes in my choice.
Here is a project in which you can earn coins forever. Worth investing.
It's a good project and is in its initial stage. Intended to work for IOT and Nano-Tech.
Seems profitable.
They introduced PMA (Permanent Master Address), most probably they are restricting founder's profit and providing the same to miners and investors.
More Info about this crypto and project is here Doppler Website
An airdrop is also going to conclude this week which you can opt for now.
All contact links and information on their website.
It's a good project and is in its initial stage. Intended to work for IOT and Nano-Tech.
Seems profitable.
They introduced PMA (Permanent Master Address), most probably they are restricting founder's profit and providing the same to miners and investors.
More Info about this crypto and project is here Doppler Website
An airdrop is also going to conclude this week which you can opt for now.
All contact links and information on their website.
If someone is going to invest in an altcoin, it better be worth it. The market is going through some rough times. I'm a strong believe in Ethereum and it's power as a ledger tech.
Seriously though..get in Conventment.
https://conventment.com
They're building an IoT B2B Logistics system that uses Ethereum as a Distributed ledger tech..and it's for the legal cannabis industry!
DYOR on the team and read the white paper...it's pretty great.
Using IoT middleware and connecting it to the Ethereum blockchain is absolute genius. Instead of an ICO, they're running a Token Generation Event on the 30th. The private sale lets you buy tokens at a pretty damn cheap price and you'll have an easy 4x once it hits exchanges in October.
Get in on Conventment if you haven't already.
https://conventment.com
It's going to give Ethereum a completely new breath of fresh air!!!!!
Seriously though..get in Conventment.
https://conventment.com
They're building an IoT B2B Logistics system that uses Ethereum as a Distributed ledger tech..and it's for the legal cannabis industry!
DYOR on the team and read the white paper...it's pretty great.
Using IoT middleware and connecting it to the Ethereum blockchain is absolute genius. Instead of an ICO, they're running a Token Generation Event on the 30th. The private sale lets you buy tokens at a pretty damn cheap price and you'll have an easy 4x once it hits exchanges in October.
Get in on Conventment if you haven't already.
https://conventment.com
It's going to give Ethereum a completely new breath of fresh air!!!!!
I concur with the other people who proposed utilizing a different machine. Particularly for novices like me, since we don't know what to look like in the engine to watch that malware or keylogger isn't bundled with any new downloads and introduces.
thank you!!
thank you!!
Just great advice! You must distribute this information to everyone who registers an electronic wallet to remember ...
Nice advice, i will agree to you especially that you are a legendary so i would believe on what you say because you already have a lot of experience and you are more knowledgeable about these things so that my computer will be secured and safe. Thanks for the advice Gavin.
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Airdrop 9 ends. Amassing wealth is as easy as amassing free staker tokens. Join discord
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I don't know why I have not seen this danger for so long. Most likely on the grounds that he is so old. Great perusing material. Diverting. Furthermore, a significant number of the postings urge everybody to reevaluate everything in this feverish time.
I've run into a few of the scams so far. I'm new to this and I've found two, so far, that have paid out with no issues
Allcoins just sent this -
Received From Currency Amount Received Status Type
►►► Allcoins.pw ◄◄◄ LTC &
Multicoins (Auto)Faucets, Games, Exchange, Miner,
Chat,... LTC 6761 sat 2 mins ago RECEIVED NORMA
I think it's pretty cool.
Allcoins just sent this -
Received From Currency Amount Received Status Type
►►► Allcoins.pw ◄◄◄ LTC &
Multicoins (Auto)Faucets, Games, Exchange, Miner,
Chat,... LTC 6761 sat 2 mins ago RECEIVED NORMA
I think it's pretty cool.
I haven't seen anybody post about what would be my biggest worry if I were trying out alternative block chains. I realize this may be perceived as "Gavin is FUD'ding anything that isn't bitcoin!" (FUD == Fear, Uncertainty and Doubt) But I think some of you might be forgetting some basic computer security fundamentals in the excitement to be early adopters.
When I first heard about bitcoin, my questions were:
1) Can it possibly work (do the ideas for how it works make sense)?
2) Is it a scam?
3) If it is not a scam, could it open my computer up to viruses/trojans if I run it?
I answered those questions by:
1) Reading and understanding Satoshi's whitepaper. Then thinking about it for a day or two and reading it again.
2) Finding out everything I could about the project. I read every forum thread here (there were probably under a hundred threads back then) and read Satoshi's initial postings on the crypto mailing list.
3) Downloaded and skimmed the source code to see if it looked vulnerable to buffer overflow or other remotely exploitable attacks.
If I were going to experiment with an alternative block-chain, I'd go through the same process again. But I'm an old conservative fuddy-duddy.
If you want to take a risk on a brand-new alternative block-chain, I'd strongly suggest that you:
1) Run the software in a virtual machine or on a machine that doesn't contain anything valuable.
2) Don't invest more money or time than you can afford to lose.
3) Use a different passphrase at every exchange site.
When I first heard about bitcoin, my questions were:
1) Can it possibly work (do the ideas for how it works make sense)?
2) Is it a scam?
3) If it is not a scam, could it open my computer up to viruses/trojans if I run it?
I answered those questions by:
1) Reading and understanding Satoshi's whitepaper. Then thinking about it for a day or two and reading it again.
2) Finding out everything I could about the project. I read every forum thread here (there were probably under a hundred threads back then) and read Satoshi's initial postings on the crypto mailing list.
3) Downloaded and skimmed the source code to see if it looked vulnerable to buffer overflow or other remotely exploitable attacks.
If I were going to experiment with an alternative block-chain, I'd go through the same process again. But I'm an old conservative fuddy-duddy.
If you want to take a risk on a brand-new alternative block-chain, I'd strongly suggest that you:
1) Run the software in a virtual machine or on a machine that doesn't contain anything valuable.
2) Don't invest more money or time than you can afford to lose.
3) Use a different passphrase at every exchange site.
I agree with what you have said. like other things that has to do with business , alternative blockchain also need some risk analysis.
Gave you have a lot of solid points and its true we all have to be very cautious with our transactions, avoid clicking on unverified links as this is very common with phishing, do not disclose or publicly paste your private keys on public forums and no matter what try to keep a hard copy of your wallet details asides stroing them electronically on your device.
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