Topic: Alternative Block Chains : be safe! - page 68. (Read 1407629 times)
its kinda good advice sir you are a good example for those who are at the beginning
Good questions Gavin, and i would say right question, you think with technically aspect too, thats is very important thing. because more reviews i hear for now, it is more about the greedy, 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
What a nice piece of advice. This is an eye opener especially for newbie like me. Thanks Gavin
thank you gavin
:)Thanx for good advice gavin.
Alternative block chain are important on these work.
These new cryptocurrencies are interesting, and it will be fascinating to see how it will all play out.
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Yes, there is something to read on this forum and take it into service. But most of the information is of course of poor quality. But thank you guys for sharing information, very informative. Alternative block chain are important on these work.
These new cryptocurrencies are interesting, and it will be fascinating to see how it will all play out.
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:)Thanx for good advice gavin.
Alternative block chain are important on these work.
These new cryptocurrencies are interesting, and it will be fascinating to see how it will all play out.
Report to moderator
Alternative block chain are important on these work.
These new cryptocurrencies are interesting, and it will be fascinating to see how it will all play out.
Report to moderator
You can have more than one wallet dat.
You just need 1 portable bitcoin client that can safely reside on an encrypted and backed up volume, and one regular one for day to day tiny stuff. It's not like you routinely send 5000+ BTC, no?
Incidentally, cobbling together a somewhat workable portable bitcoin is pretty straightforward.
You just need 1 portable bitcoin client that can safely reside on an encrypted and backed up volume, and one regular one for day to day tiny stuff. It's not like you routinely send 5000+ BTC, no?
Incidentally, cobbling together a somewhat workable portable bitcoin is pretty straightforward.
This system won’t require a ledger (e.g. a blockchain) and transactions will be exactly like cash transactions, because whether e.g. a coin (which, in this context, is an actual network entity, not just a number) can be sent from this account to that account is decided on the spot (a group verifies the transaction using the owner’s private key), and no history needs to be kept. (It doesn’t mean people couldn’t record transactions for any kind of purposes; it’s just not a necessary part of a transaction.)
. Block chains are not scam, it work. I’m sure that some people didn’t realize these things before.
Before many people did not understand, and now governments are starting to implement block chains
Interesting topic.To my understanding:
a. As with all topics concerning crypto, some precautions need to be taken before providing your full faith.
b. Recent events have shown there is a need for a better infrastructure to keep up with the demand created for crypto transactions.
a. As with all topics concerning crypto, some precautions need to be taken before providing your full faith.
b. Recent events have shown there is a need for a better infrastructure to keep up with the demand created for crypto transactions.
. Block chains are not scam, it work. I’m sure that some people didn’t realize these things before.
I agree with the others who suggested using a separate machine. Especially for newbies like me, because we don't know how to look "under the hood" to check that malware or keylogger is not packaged with any new downloads and installs.
Well, in any case, this will all be improved as the influx of newcomers is very great and will be even more in 2018 as I think and hope. So everything will be fine I think.
in a few days, there will be the planned launch of Bitcoin Futures contracts by the CME Group (Chicago Mercantile Exchange) and
CBOE Global Markets. This event is of fundamental importance for the BTC cause many think that this will lead to an increased BTC demand.
It is not clear how this increased demand will appear, considering that those Futures Contracts are settled in FIAT money and not in BTC.
For this reason, there could be a disappointment in BTC demand that could lead to an increased interest in altcoins...so the best for
me would be now to invest a little money in some promising altcoin like Achain, Electroneum and IntenseCoin. The results can
be surprising
CBOE Global Markets. This event is of fundamental importance for the BTC cause many think that this will lead to an increased BTC demand.
It is not clear how this increased demand will appear, considering that those Futures Contracts are settled in FIAT money and not in BTC.
For this reason, there could be a disappointment in BTC demand that could lead to an increased interest in altcoins...so the best for
me would be now to invest a little money in some promising altcoin like Achain, Electroneum and IntenseCoin. The results can
be surprising
Stay safe by using a unique password and keeping it secrecy.
LastPass is what I use generate new password when trying a new Alt Blockchains. Profit gains from Bitcoins is trading is what I invest in altcoins and if it loses, no point to worry. But so far Alt Block chains have been successful since most developers want to make a project successful hoping it will turn out to be a new Bitcoins.
I agree with the others who suggested using a separate machine. Especially for newbies like me, because we don't know how to look "under the hood" to check that malware or keylogger is not packaged with any new downloads and installs.
Using an alternate cryptocurrency client would be a great way to get many people to install a hidden virus that targets Bitcoin users.
If you have a significant amount of Bitcoins, I wouldn't run other clients on the same computer until the alternates have developed trust over a longer period of time... I'm probably on the paranoid side of things though.
If you have a significant amount of Bitcoins, I wouldn't run other clients on the same computer until the alternates have developed trust over a longer period of time... I'm probably on the paranoid side of things though.
Can you share information about the future of subcoins. I have read some information on the future of the Altcoins. I would appreciate your help.
Just like the ICOs, invested those that you are afford to lose and understand what the project is. Be engaged with the people behind and read the White Paper.
Anyway, recently I am looking into one of the Project that you guys may take some time to take a look on this.
For further details you can join the Telegram Group
https://t.me/Novablitz
Or their official website at
https://novablitz.com
Anyway, recently I am looking into one of the Project that you guys may take some time to take a look on this.
For further details you can join the Telegram Group
https://t.me/Novablitz
Or their official website at
https://novablitz.com
the very good suggestions you provide, with the suggestions you give, forcing me to think far away, your suggestions are very useful to all my especially specially
thanks for your advice
Good luck
thanks for your advice
Good luck
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.
thanks for the info 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.
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