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Topic: Alternative Block Chains : be safe! - page 51. (Read 1547128 times)

newbie
Activity: 45
Merit: 0
March 20, 2018, 04:12:38 AM
Yeah definitely if we are investing on alternative coins we should invest less on what you think is budget wise in in terms for investments you made. Because you should never take a higher risk for something which is not yet tested although in pin your interest regarding their advertisements and try and experimenting first to test if it succeed then go ahead invest if not stop.
copper member
Activity: 37
Merit: 0
March 20, 2018, 03:54:31 AM
Join Yocoin Blockchain.


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Pool www.yopool.io
Explorer  www.yoscan.io
newbie
Activity: 101
Merit: 0
March 20, 2018, 03:51:36 AM
XEM (top 13 cryptocurrencies) today should be listed on the Finance (top1 exchange ) , it is very interesting what will happen    Shocked Shocked Shocked
full member
Activity: 265
Merit: 100
March 20, 2018, 03:42:45 AM
Hello guys! Do you need a unique ICO? I have studied site Red Lanterns .Their site is transparent and simple By the way now they have a 50% discount on their  tokines
 link to the site is here https://goo.gl/YHp2Ya
newbie
Activity: 112
Merit: 0
March 20, 2018, 12:54:09 AM
Why the sell value is always less whenever I see?
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
March 19, 2018, 03:33:18 PM
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 Wink , and that some antivirus heuristics seem to hate anything that has mining code in it and isn't explicitly whitelisted.

Yes you are correct be aware before something will happen make an advance thing with your wallet and your exchanges and while buying , if you are careless with that you will be loss something unfortunate things.
full member
Activity: 420
Merit: 100
March 19, 2018, 01:11:12 PM
In our generations there are lots of scammers in the whole world. They will tend to do all things in order to steal and get your money;  so we should be careful enough in all actions and decisions that we will made in order to avoid the scams and fraudulent activities in cryptocurrency.
member
Activity: 111
Merit: 10
March 19, 2018, 07:20:36 AM
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 Wink , and that some antivirus heuristics seem to hate anything that has mining code in it and isn't explicitly whitelisted.
full member
Activity: 434
Merit: 103
Eloncity - power the world for free! /eloncity.io/
March 18, 2018, 04:01:20 PM
i think that there are too many alternative blockchains today. maybe, people should stop creating them. but instead develop the ones that we have now, so they would work properly.
newbie
Activity: 95
Merit: 0
March 18, 2018, 11:41:17 AM
must, if we have important files inevitably must be stored properly so that software can not easily hack our important file file and we must be good at selecting blocks to maintain our files. Cool
member
Activity: 658
Merit: 10
March 18, 2018, 10:34:34 AM
yes, when we use the alternative block chains we have to think twice security of the transactions.Because all these are the digital currency. If we use the different email address, passwords, 3rd party security access(like google authentication) and different access devices for joining the block chains, we can reduce the risk.
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
March 17, 2018, 10:51:01 PM
The blockchain is hosted by billions of computers around the world so that it is not controlled by any single person. Each process in the blockchain network owns a full copy of every transaction or movement of the data on the blockchain, it means that the details and history of the transaction are traced.Despite historically being used to handle financial transactions, the security and reliability of blockchain technology mean that it can be applied to other areas and industries. I think there are three benefits that blockchain technology can provide are an increase in security and trust, Reduced costs and accelerated transactions.

I think from your post that you haven't read OP at all. Gavin warned forum users to watch out and not download new coins wallets on your main computer with bitcoin wallet stored on it because there is a big chance that the only reason behind this new alt is to hijack your private keys using viruses. He doesn't say a word that blockchain is not safe. Read OP before posting, please.
member
Activity: 476
Merit: 92
March 17, 2018, 10:33:18 PM
This is a valid warning, especially with so many cryptocurrencies starting every day using airdrops. They force people to download new and not fully checked wallets. I checked few wallets for lately airdropped coins and I found plenty of virus warnings after a simple scan on virustotal scanner.

When members start to ask about this such an airdrop team will tell them that this is false positive and all miners are seen as a virus. Nothing to worry about. I heard such an explanation few times. This isn't true don't believe and never download such an airdrop wallet on your computer because 90% of them will contain a virus to steal all your coins. Especially if stored with other wallets on the same computer.

If you have to participate in such an airdrop try to use an exchange wallet. They will tell you that this isn't allowed but I did it anyway and always get paid.
member
Activity: 294
Merit: 11
Blockchain with solar energy
March 17, 2018, 10:44:36 AM
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.


thank you for your advise  Cool
I never be scammed before but still have to be careful.
when the money is not in your hand anymore, it seem to be not so safe  Grin
full member
Activity: 378
Merit: 100
March 17, 2018, 02:37:28 AM
In our generation many people establish their own alternative cpins company but we should be careful to this because some people used this modus in order to deceive and scam the money of other people.
newbie
Activity: 4
Merit: 0
March 16, 2018, 03:23:57 PM

Hi, I have seen Welltrado wants to be a leading investment company bigger than saltlending with a valuation of 168M usd. Should I invest?
newbie
Activity: 28
Merit: 0
March 16, 2018, 10:06:08 AM
This may be slightly off-topic but i have a question regarding exchanges. Is there any particular ones to avoid ? I have tried to do as due diligence as possible on some and the only ones I have found to be 100% trustable so far are: Kucoin, Binance, Bittrex, Poloniex, Tidex, Cryptopia (although it is a bit pathetic to use)  Can anyone please confirm if exrates, trade satoshi, coin exchange, huobi, are trustable ? any reviews on crypto compare seem to indicate that they aren't trustable at all in the slightest. I think in order for the crypto community to make any sort of real progression and gains we all need to work together and weed out all the scams. I think a good idea to furthering this cause would be to either have a sticky thread on here with all the trustable exchanges listed (assuming there isn't one already). I would love to hear peoples thoughts and opinions on the exchanges i have listed above or even ones i have missed out (yes i know there is a lot).
member
Activity: 126
Merit: 10
March 16, 2018, 09:30:16 AM
The blockchain is hosted by billions of computers around the world so that it is not controlled by any single person. Each process in the blockchain network owns a full copy of every transaction or movement of the data on the blockchain, it means that the details and history of the transaction are traced.Despite historically being used to handle financial transactions, the security and reliability of blockchain technology mean that it can be applied to other areas and industries. I think there are three benefits that blockchain technology can provide are an increase in security and trust, Reduced costs and accelerated transactions.
full member
Activity: 406
Merit: 106
March 16, 2018, 08:08:51 AM
Some people only have one computer and that must suck. Fortunately I have multiple so I can use some of my alt-miners to do this safely.
newbie
Activity: 112
Merit: 0
March 16, 2018, 06:18:35 AM
Is it advisable to invest in multiple cryptocurrencies?
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