Great article to read. Talks about BitFence in the near future, will have a mining software for Android and IOS. I can't wait to see this!
http://telegra.ph/BITFENCE---REMOVE-HACKERS-FROM-YOUR-NETWORK-04-18
Topic: 🔥🔥🔥 [ANN][ICO] BITFENCE - REMOVE HACKERS FROM YOUR NETWORK - page 116. (Read 30059 times)
This project could potentially use blockchain to help clean up the internet.. pretty cool
The mechanism behind how they intend to pull it off is simple brilliant and smart, I actually really think Bitfence is indeed set up for being one of 2018 formidable project
That's the fact. This could bring about the birth of a new era in the cyber world. An Era of total freedom from the fear of Hack. Things will surely get better by this in the cyber World
that'd be really nice. but unfortunately it will never come to that. The crooks always find a way. Bitfence is a good start, but even then you can only stop hackers after they've done harm.
Hackers are the worst, we should try and do our best to ensure that hackers find it as difficult as possible to access our systems. Bitfence is a very good solution to help with this.
This project could potentially use blockchain to help clean up the internet.. pretty cool
The mechanism behind how they intend to pull it off is simple brilliant and smart, I actually really think Bitfence is indeed set up for being one of 2018 formidable project
That's the fact. This could bring about the birth of a new era in the cyber world. An Era of total freedom from the fear of Hack. Things will surely get better by this in the cyber World
that'd be really nice. but unfortunately it will never come to that. The crooks always find a way. Bitfence is a good start, but even then you can only stop hackers after they've done harm.
They have nearly reached half of there presale-goal. any idea what they will do, if they don't reach their goal?
Normally there is a softcap that you can also reach in public sale, maybe they mean with their presale goal the softcap?
Normally there is a softcap that you can also reach in public sale, maybe they mean with their presale goal the softcap?
To me, I don't think the pre-sales have much effect on the main sales thus hitting a target or not, shouldn't matter. As a matter of fact, I don't think it is supposed to have a cap in the first place
Well if you look at their whitepaper, they have annoyingly set the softcap in USD, $1,000,000 to be precise.
However if you look at the presale hardcap, it shows 500 ETH.
Therefore you need to convert the ETH into $ to work out what the presale hardcap is, if you look at ETH at its current price, the presale hardcap is 500 eth = $298,724.51.
So the presale hard cap at the moment is about 30% of the overall softcap.
Hope I have explained that correctly, please let me know if there are any errors.
Yea. You have done a good job to it. It's clear now. But I will want to ask, just for the knowledge of it, in what currency is it best to set hard cap?? In usd or eth??
It depends, a lot of projects, for example Bitfence, will set their softcap and hardcap in USD because fiat is level and this is the desired level of funding they need to develop their project.
However I do think it's confusing they have used fiat to calculate their softcap and hardcap because the price of Bitfence (HNY) tokens is pegged to Ethereum...
6000 HNY = 1 ETH, ETH can fluctuate a lot so it's hard for them to predict the amount they will eventually raise in USD/fiat.
The protection provided by BitFence will be able to block high risk hosts, dangerous payloads and high risk IP addresses. Getting to know the features bitfence offers makes me feel safe already.
Those features indeed makes you feel save and i think that this is why this project will succeed for sure. If they can actually manage to decrease the amount of hacking by their features then everyone should need it. 
This project could potentially use blockchain to help clean up the internet.. pretty cool
Of course mate, you can say that again. Bitfence is bad news for hackers, it numbers their hacking days in low digits. Hehe it is a wise idea, I think people are a bit overzealous in their expectations, they have the ability to have a really strong product platform and really offer something different to the security landscape. But then again they have strong competition so you have to be realisitic in what you expect.
This project could potentially use blockchain to help clean up the internet.. pretty cool
The mechanism behind how they intend to pull it off is simple brilliant and smart, I actually really think Bitfence is indeed set up for being one of 2018 formidable project
That's the fact. This could bring about the birth of a new era in the cyber world. An Era of total freedom from the fear of Hack. Things will surely get better by this in the cyber World
After all hacking attacks companies suffered past few years this solutions seems to solve the problem mentioned. Well done!
This project will be needed for sure in the future and also right now. More and more hackers are active nowadays because of the crypo growing in popularity.Yeah everyone is in a get rich scheme where and some people took theirs too extreme that they decided to take from hardworking individuals who were not security conscious and fell right in the trap of hacker's..
Yes, is really an unpleasant thing and my wish is for this project to become a reality and help stamp out this disease called hacking out of the global system and create that feeling of safety once you go online, every click, every login that we engage everyday is a potential opportunity for a hacker to strike, we all just need to be careful
Lol they will never give up, does security cameras and police stop bank robbers? Nope. Look at the current security solutions, there are very effective enterprise level products that stop external threats, but did you see in the news that a Las Vegas casino was hacked via a smart thermostat in a fish tank? We need to be realistic, this is going to help in the fight again hackers, the honeypot will finger print and send out to the rest of the network, and their routers will block any further attacks, but it isn't going to 'make them give up'. Maybe Bitfence should also do an educational series on cyber security in companies, like I said in a previous post, you can have all the security in the world, but if someone plugs in a USB, or gets tailgated into the office etc it's over.
I support this position 10001%.. If the security bitfence is trying to set up is anything to go by, it's an holistic system here intended to secure the user all round but it will be easily defeated when there is a lack of information or rather education on the part of the user which is by itself a big threat, i think bitfence can look at educating alongside the set up, that way the right tool is used with the right knowledge
Exactly, if they can provide a software solution but also provide education to companies as well, it'll be a great step. Online webinars or videos with best practices etc.
This project could potentially use blockchain to help clean up the internet.. pretty cool
Of course mate, you can say that again. Bitfence is bad news for hackers, it numbers their hacking days in low digits.
Mission of BitFence Cyber Solution is to reduce the average detection time of zero-day malware as well as adopt and deploy a proactive defensive approach/solution to mitigate other systems from similar cyber threats.
Bitfence will collect data from miners, analyze it on BitFence server and distribute the results immediately. Such projects should be supported because at the end of the day you will be the winner and not the hacker.
After all hacking attacks companies suffered past few years this solutions seems to solve the problem mentioned. Well done!
This project will be needed for sure in the future and also right now. More and more hackers are active nowadays because of the crypo growing in popularity.Yeah everyone is in a get rich scheme where and some people took theirs too extreme that they decided to take from hardworking individuals who were not security conscious and fell right in the trap of hacker's..
Yes, is really an unpleasant thing and my wish is for this project to become a reality and help stamp out this disease called hacking out of the global system and create that feeling of safety once you go online, every click, every login that we engage everyday is a potential opportunity for a hacker to strike, we all just need to be careful
The decentralization of the project will make that tough, as communication in the community will be an effective way of taking them head on, hackers can easily be traced and with the help of the vibrant community, they will likely triumph over the menace of hackers
The decentralization is the big advantage of this project. The community members "mine" hackers by running honeynet nodes and get a reward in form of HNY Token.
After all hacking attacks companies suffered past few years this solutions seems to solve the problem mentioned. Well done!
This project will be needed for sure in the future and also right now. More and more hackers are active nowadays because of the crypo growing in popularity.Yeah everyone is in a get rich scheme where and some people took theirs too extreme that they decided to take from hardworking individuals who were not security conscious and fell right in the trap of hacker's..
Yes, is really an unpleasant thing and my wish is for this project to become a reality and help stamp out this disease called hacking out of the global system and create that feeling of safety once you go online, every click, every login that we engage everyday is a potential opportunity for a hacker to strike, we all just need to be careful
The decentralization of the project will make that tough, as communication in the community will be an effective way of taking them head on, hackers can easily be traced and with the help of the vibrant community, they will likely triumph over the menace of hackers
After all hacking attacks companies suffered past few years this solutions seems to solve the problem mentioned. Well done!
This project will be needed for sure in the future and also right now. More and more hackers are active nowadays because of the crypo growing in popularity.Yeah everyone is in a get rich scheme where and some people took theirs too extreme that they decided to take from hardworking individuals who were not security conscious and fell right in the trap of hacker's..
Yes, is really an unpleasant thing and my wish is for this project to become a reality and help stamp out this disease called hacking out of the global system and create that feeling of safety once you go online, every click, every login that we engage everyday is a potential opportunity for a hacker to strike, we all just need to be careful
Lol they will never give up, does security cameras and police stop bank robbers? Nope. Look at the current security solutions, there are very effective enterprise level products that stop external threats, but did you see in the news that a Las Vegas casino was hacked via a smart thermostat in a fish tank? We need to be realistic, this is going to help in the fight again hackers, the honeypot will finger print and send out to the rest of the network, and their routers will block any further attacks, but it isn't going to 'make them give up'. Maybe Bitfence should also do an educational series on cyber security in companies, like I said in a previous post, you can have all the security in the world, but if someone plugs in a USB, or gets tailgated into the office etc it's over.
I support this position 10001%.. If the security bitfence is trying to set up is anything to go by, it's an holistic system here intended to secure the user all round but it will be easily defeated when there is a lack of information or rather education on the part of the user which is by itself a big threat, i think bitfence can look at educating alongside the set up, that way the right tool is used with the right knowledge
The protection provided by BitFence will be able to block high risk hosts, dangerous payloads and high risk IP addresses. Getting to know the features bitfence offers makes me feel safe already.
Yeah.. The security they aim to provide is meant to stop high end hacks that are meant to destroy a network and steal data. But you know hacker's are also very intelligent and can find any way to penetrate a network.
That’s why being dynamic and having a system that adapts to the attackers vectors that they are trying. Integrating with advanced tech like machine learning can go pretty far towards combatting shifting attack types
The plans of the project team are ambitious enough. I hope you will succeed in implementing them. Tell me, what are the advantages for the holders of the tokens?
Reading this thread it looks like so many people think this is going to be the end of hackers, it won't. It'll be part of the solution if they do it right, you'll still need anti-virus on client machines, Firewalls and IPS devices, most importantly you'll still need to train your end users on security. Bitfence won't stop Dave in Sales from plugging in that 'Cool USB' he found by his car and installing a backdoor.
The honeypot is going to be nice, but if it's placed inside your network and detects someone, your already in trouble. I think the thing everything thinks is it's instantly going to stop all malicious users.
The honeypot is going to be nice, but if it's placed inside your network and detects someone, your already in trouble. I think the thing everything thinks is it's instantly going to stop all malicious users.
You are so right here, the wrong notion will produce the right result, personally for me I started out using all the techy means of security for my systems but today I'm kind of less technical with even more better result, I think like you pointed out truly there is a need for education
Thats correct, single device will not be enough and it cant do all the work. I agree, we still need anti-virus on client machines, Firewalls and IPS devices.
BitFence is good solution but alone how effectively it will be thats the question.
You pointed out right, organization need to educate internal people/employee, not to click on links sent by unknown person, never open suspicious folders received over email. Not to install free program/software. And lots of things.
Reading this thread it looks like so many people think this is going to be the end of hackers, it won't. It'll be part of the solution if they do it right, you'll still need anti-virus on client machines, Firewalls and IPS devices, most importantly you'll still need to train your end users on security. Bitfence won't stop Dave in Sales from plugging in that 'Cool USB' he found by his car and installing a backdoor.
The honeypot is going to be nice, but if it's placed inside your network and detects someone, your already in trouble. I think the thing everything thinks is it's instantly going to stop all malicious users.
The honeypot is going to be nice, but if it's placed inside your network and detects someone, your already in trouble. I think the thing everything thinks is it's instantly going to stop all malicious users.
You are so right here, the wrong notion will produce the right result, personally for me I started out using all the techy means of security for my systems but today I'm kind of less technical with even more better result, I think like you pointed out truly there is a need for education
Thats correct, single device will not be enough and it cant do all the work. I agree, we still need anti-virus on client machines, Firewalls and IPS devices.
BitFence is good solution but alone how effectively it will be thats the question.
The protection provided by BitFence will be able to block high risk hosts, dangerous payloads and high risk IP addresses. Getting to know the features bitfence offers makes me feel safe already.
Yeah.. The security they aim to provide is meant to stop high end hacks that are meant to destroy a network and steal data. But you know hacker's are also very intelligent and can find any way to penetrate a network.
With Bitfence project all the members will be protected from the big threat which created from hackers.. this project still has a bonus and I believe we have to participate😊
A big bonus actually and it also won't be a bad idea participating but i will encourage you to do your research to get more knowledge about the project.
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