Topic: Alternative Block Chains : be safe! - page 20. (Read 1619802 times)
I concur blockchain is a somewhat great innovation. Yet, you must be watchful when you are working with cryptographic forms of money. There are numerous hazard factors.
Be carefully guys.
Use different passwords, emails and pics for the same.
Use different passwords, emails and pics for the same.
I agree .. we must be careful to some links or site that is suspicious .. some site that is new tome i check it online . by scanning the domains. and research about some feedback.. i personally experience sites that are same scamming scheme they just edit their url. ..
just be careful and be safe.
just be careful and be safe.
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.
Thank you for posting this and I truly agree with this line that, '2) Don't invest more money or time than you can afford to lose.'
There are alternative block chains really are coming out and many altcoins are also out in ICOs and Airdrops, but this things are always at our own risk. It is always up to us on how how we comprehend on whats going on with the market that we are into.
I think security needs to be done for a new coin coins because the new coin is still vulnerable to attack
Great advise,
There should be so many alternative block chains in the market, be safe and dont join them. Join only block chains which are running around by hero members, senior members and legendary members. These blockchains could not be fraud, I see the posts and activities of the blockchain holder. By watching these details you could stay in a safe zone. Other wise you vould bear a huge loss. Like your account could get negative markings., from which you could not able to join any future bounties. So be safe and work like a smarter bounty hunter
There should be so many alternative block chains in the market, be safe and dont join them. Join only block chains which are running around by hero members, senior members and legendary members. These blockchains could not be fraud, I see the posts and activities of the blockchain holder. By watching these details you could stay in a safe zone. Other wise you vould bear a huge loss. Like your account could get negative markings., from which you could not able to join any future bounties. So be safe and work like a smarter bounty hunter
.......
Thank you, your post is very useful, it helps me to understand more about coin
I would advise using 2FA on all exchangers that allow it
I underlining coins at the costly understanding blockchain, the way of life of ICOs concentrated on the monetary angle, which to be reasonable is the thing that, yet to the detriment of building up a convenient guide to execute distributed Bitcoin money.
In the interim, foundations who scorned this upstart, immediately examined the impact of Bitcoin on their framework, and seeing that we at as of now made a fake divider amongst blockchain and crypto, drove a wedge further in the middle.
They underlined blockchain over crypto.
What's more, now dishonest outsiders of the Fiat framework that Satoshi coded out of distributed money exchanges, are back, as outsiders once more.
They're not outsiders between peers, going about as banks.
They're back as outsiders outside of the unchanging blockchain, going about as controllers, agents of blockchain ventures, and whale buyers of our cash.
Furthermore, Bitcoin never reached its planned reson d tete as distributed money, parallel to the managing an account framework.
What's more, more terrible, we've been looking to these outsider crooks as power deliverers, to direct the estimation of Bitcoin.
So to answer your inquiry, on the off chance that we had purchased and sold Bitcoin over the most recent 7 years among ourselves, as is being done well now in Venezuela and Iran and Puerto Rico and Malta and a few places in China, and Eastern Europe, we would of need needed to purchase Bitcoin all the more then alts.
A year ago, for those foundations, retailers drove the aggregate market top of crypto to about a trillion dollars without attempting. Bitcoin was approximately 30% of that, or near what the aggregate market top is today.
But since we didn't comprehend the significance of blockchain innovation, similar to the foundations do, we fomo'd out of crypto after Bitcoin dropped, leaving a vacuum 4 organizations to fill.
On the off chance that we had purchased the initial 2 trillion or 3 trillion dollars a Bitcoin, it would be at around 33% of a million dollars to a large portion of a million dollars for every Bitcoin today, and organizations would not purchase in at that cost.
Presently, they will purchase Bitcoin in colossal sums, and they will claim the market from 150 billion dollars 2 somewhere close to 3 trillion and 6 trillion dollars, which will put Bitcoin evaluating at up to a million dollars each.
So when we purchasing to bitcoin, we won't get one of 17 million of them.
We won't be the group that advantages from Bitcoin hopping from $10,000 to $100,000, and after that to a million dollars.
Those untrusted outsiders will.
Also, in the event that we need Bitcoin, we will get it from them, on the off chance that they choose to pitch it to us, which they would be dumb to do.
Simply rehash what I composed. As regularly happens, my discourse to-content application didn't get everything precisely. On the off chance that you require elucidation, inquire.
It jumps out at me that it's far-fetched that the vast majority see how ETFs function. Not at all like Futures contracts, which is simply wagering on their forward esteem, Bitcoins that are contracted into an ETF, must be held away. They are unavailable for general use. So the more appealing these ETF SAR two Pension finances and security markets and so on and so on and so forth, the more probable it is that a lion's share of Bitcoin will wind up put away, similar to gold, in vaults. The rest of the Bitcoin available for use, of which 4 million are not yet mined, will be out Oof achieve, so to represent the greater part of us.
What will happen to the alts showcase if that happens?
In the interim, foundations who scorned this upstart, immediately examined the impact of Bitcoin on their framework, and seeing that we at as of now made a fake divider amongst blockchain and crypto, drove a wedge further in the middle.
They underlined blockchain over crypto.
What's more, now dishonest outsiders of the Fiat framework that Satoshi coded out of distributed money exchanges, are back, as outsiders once more.
They're not outsiders between peers, going about as banks.
They're back as outsiders outside of the unchanging blockchain, going about as controllers, agents of blockchain ventures, and whale buyers of our cash.
Furthermore, Bitcoin never reached its planned reson d tete as distributed money, parallel to the managing an account framework.
What's more, more terrible, we've been looking to these outsider crooks as power deliverers, to direct the estimation of Bitcoin.
So to answer your inquiry, on the off chance that we had purchased and sold Bitcoin over the most recent 7 years among ourselves, as is being done well now in Venezuela and Iran and Puerto Rico and Malta and a few places in China, and Eastern Europe, we would of need needed to purchase Bitcoin all the more then alts.
A year ago, for those foundations, retailers drove the aggregate market top of crypto to about a trillion dollars without attempting. Bitcoin was approximately 30% of that, or near what the aggregate market top is today.
But since we didn't comprehend the significance of blockchain innovation, similar to the foundations do, we fomo'd out of crypto after Bitcoin dropped, leaving a vacuum 4 organizations to fill.
On the off chance that we had purchased the initial 2 trillion or 3 trillion dollars a Bitcoin, it would be at around 33% of a million dollars to a large portion of a million dollars for every Bitcoin today, and organizations would not purchase in at that cost.
Presently, they will purchase Bitcoin in colossal sums, and they will claim the market from 150 billion dollars 2 somewhere close to 3 trillion and 6 trillion dollars, which will put Bitcoin evaluating at up to a million dollars each.
So when we purchasing to bitcoin, we won't get one of 17 million of them.
We won't be the group that advantages from Bitcoin hopping from $10,000 to $100,000, and after that to a million dollars.
Those untrusted outsiders will.
Also, in the event that we need Bitcoin, we will get it from them, on the off chance that they choose to pitch it to us, which they would be dumb to do.
Simply rehash what I composed. As regularly happens, my discourse to-content application didn't get everything precisely. On the off chance that you require elucidation, inquire.
It jumps out at me that it's far-fetched that the vast majority see how ETFs function. Not at all like Futures contracts, which is simply wagering on their forward esteem, Bitcoins that are contracted into an ETF, must be held away. They are unavailable for general use. So the more appealing these ETF SAR two Pension finances and security markets and so on and so on and so forth, the more probable it is that a lion's share of Bitcoin will wind up put away, similar to gold, in vaults. The rest of the Bitcoin available for use, of which 4 million are not yet mined, will be out Oof achieve, so to represent the greater part of us.
What will happen to the alts showcase if that happens?
Implementation of blockchain technology in the automotive industry will enable automakers to track the automotive tracks by their unique IDs created by the blockchain hence increasing the level of safety.#autoblock #ICO #TheAutoBlockICO
Essential Attention Token drastically enhances the proficiency of computerized publicizing by making another token that can be traded between distributers, promoters, and clients. Everything occurs on the Ethereum blockchain.
The token can be utilized to acquire an assortment of publicizing and consideration construct administrations with respect to the Brave stage. The utility of the token depends on client consideration, which basically implies a man's engaged mental commitment.
The token can be utilized to acquire an assortment of publicizing and consideration construct administrations with respect to the Brave stage. The utility of the token depends on client consideration, which basically implies a man's engaged mental commitment.
Nice suggestion to newbie users because mostly they are becoming victims of scam ICOs that do not have
any useful value.
any useful value.
Someone knows something from big uncles that they take as hot pies)POA Network is designed as a general application blockchain. I.e. what can be done on Ethereum network, can also be done on POA Network.
Many new coins are writing rules into the block chains that do protect you. Check Electroneum for the safest new currency, which allows you to store your wallet off-line, meaning that hackers can not get to it at all. Many new currencies are scams, but a little research into the brand will usually raise some warning flags.
I can say that apart from the white paper, we have to observe the work that the developers present, the journey and compliance with the goals, the community that supports the project, and if this project is focused on the privacy and safety of the user, taking as a reference I can mention deeponion, which has allowed me to understand the importance of anonymity in my transactions, as well as the implementation of new technologies in my projects as a hardware and software developer.
why i have no bitcoins, if i could return some years ago, i would buy alot of them and now i would be more richer and happier, no one cares about other things at all, thats sad..
Would you be able to share data about the eventual fate of subcoins. I have perused some data on the eventual fate of the Altcoins. I would value your assistance.
It facilitates formal verification, a technique which mathematically proves the correctness of the code governing transactions and boosts the security of the most sensitive or financially weighted smart contracts.
Increasingly, programmers are finding more and more ways to improve crypto currency. In the future, most of the transactions will be linked to crypto-currencies, so now you need to work hard on the technology of blockchain. Jump to: