🔥🔥🔥 [ANN][ICO] BITFENCE - REMOVE HACKERS FROM YOUR NETWORK - page 50.

nesh1

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Activity: 448

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Quote from: RyCriptoC on May 31, 2018, 07:48:50 AM

Quote from: Ace44 on May 31, 2018, 07:33:27 AM

Quote from: Soslumisir on May 30, 2018, 02:47:38 PM

As cryptocurrency growth at this exponential rate, i think the security will become more relevant in this space. Happy to see bitfence is making contribution to crypto space and make the ecosystem more resist to hacker.

You're absolutely right, that simply means an increase in the market value of the project with every new entry that is made in the crypto world will lead to a potential increase in the value of the token and is not just the cryptosphere that this is applicable but the traditional means too, so the project has a huge market base, its relevance will keep growing

I agree with you Mate. Cryptocurrency market is clos to $500B+ I think. This means lots of hackers will be active and trying to steal the data/wallet. That's why I think BitFence products will be in demand.

Hackers will try to steal more than only wallets but still Bitfence can help prevent that and that is why it will be in demand by everyone not only the crypto world.

jamzzz123

member

Activity: 350

Merit: 16

Quote from: RyCriptoC on May 31, 2018, 07:48:50 AM

Quote from: Ace44 on May 31, 2018, 07:33:27 AM

Quote from: Soslumisir on May 30, 2018, 02:47:38 PM

As cryptocurrency growth at this exponential rate, i think the security will become more relevant in this space. Happy to see bitfence is making contribution to crypto space and make the ecosystem more resist to hacker.

You're absolutely right, that simply means an increase in the market value of the project with every new entry that is made in the crypto world will lead to a potential increase in the value of the token and is not just the cryptosphere that this is applicable but the traditional means too, so the project has a huge market base, its relevance will keep growing

I agree with you Mate. Cryptocurrency market is clos to $500B+ I think. This means lots of hackers will be active and trying to steal the data/wallet. That's why I think BitFence products will be in demand.

If only it was at $500B+ !!! It has been consolidating around $300billion currently at $330billion. Also BitFence is targeting securing at multiple levels - mainly targeting securing business' rather than Cryptocurrency wallets.

RyCriptoC

jr. member

Activity: 238

Merit: 1

Quote from: Ace44 on May 31, 2018, 07:33:27 AM

Quote from: Soslumisir on May 30, 2018, 02:47:38 PM

As cryptocurrency growth at this exponential rate, i think the security will become more relevant in this space. Happy to see bitfence is making contribution to crypto space and make the ecosystem more resist to hacker.

You're absolutely right, that simply means an increase in the market value of the project with every new entry that is made in the crypto world will lead to a potential increase in the value of the token and is not just the cryptosphere that this is applicable but the traditional means too, so the project has a huge market base, its relevance will keep growing

I agree with you Mate. Cryptocurrency market is clos to $500B+ I think. This means lots of hackers will be active and trying to steal the data/wallet. That's why I think BitFence products will be in demand.

Ace44

member

Activity: 672

Merit: 11

Quote from: Soslumisir on May 30, 2018, 02:47:38 PM

As cryptocurrency growth at this exponential rate, i think the security will become more relevant in this space. Happy to see bitfence is making contribution to crypto space and make the ecosystem more resist to hacker.

You're absolutely right, that simply means an increase in the market value of the project with every new entry that is made in the crypto world will lead to a potential increase in the value of the token and is not just the cryptosphere that this is applicable but the traditional means too, so the project has a huge market base, its relevance will keep growing

cointrader78

newbie

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As of now there is no info. The patent is secured however. We will see if we can get more information regarding this in the future.

Anilbg

jr. member

Activity: 406

Merit: 2

Quote from: jamzzz123 on May 31, 2018, 03:57:27 AM

Quote from: Darkoth89 on May 31, 2018, 03:38:27 AM

Quote from: gee777 on May 31, 2018, 01:47:39 AM

Quote from: ibininja on May 31, 2018, 01:12:06 AM

Quote from: phantam on May 30, 2018, 03:09:28 PM

People seem to forget that hackers aren’t exactly easy to catch just because an ip is a source of an attack doesn’t mean that’s the attacker it could just be an insecure network being used to relay an attackers actions that’s why most smalltime hacks don’t get prosecuted it’s better to stop it be trying to rigure out the true source

I think the proactive approach with this one is what is most interesting. Since the honey pot would actively attract and analyze hacking attempts almost instantly and distribute to the rest of the network you are basically protecting before the attack happens.

Also a more experienced hacker will know what a honeypot is and how it works. And can in turn use it against the miners. How can bitfence prevent this ?

That's exactly what their lead team member said in the video interview, that they know IP's can be comprimised which is why each hackers fingerprint will be unique, and not include IP and machine name etc.

So the miner will identify the hacker via fingerprint rather than IP address/ hostname? That way, it doesn't matter what IP address they are on as we all know - often they are hiding behind a VPN

Wow, thanks for the explanation/ good discussion guys. Initially I also thought honeypot concept will not last longer, but it seems BitFence team have done deep study and have solutions to the problems.

ctrades31

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Activity: 392

Merit: 0

Quote from: faulerwilli on May 30, 2018, 05:05:57 PM

Quote from: gee777 on May 30, 2018, 01:08:04 PM

Quote from: rathaha10 on May 30, 2018, 12:33:30 PM

Quote from: jamzzz123 on May 30, 2018, 09:28:22 AM

Quote from: nesh1 on May 30, 2018, 07:39:57 AM

Quote from: RyCriptoC on May 30, 2018, 06:15:57 AM

Quote from: Nathan01 on May 30, 2018, 05:18:30 AM

Quote from: Anilbg on May 29, 2018, 04:57:53 AM

Quote from: Darkoth89 on May 29, 2018, 04:53:39 AM

Quote from: ctrades31 on May 29, 2018, 04:21:06 AM

Quote from: ethtrader16 on May 29, 2018, 04:11:58 AM

What I can see on Bitfence homepage? "STINGMINER LAUNCH IN: 32 days". They raised their require funds (2000 ETH Goals)? Anyone have any information about it? How much amount they raised yet?

What happened their 2000 ETH goals in stage -1? I thought they have stage 2 also. But don't know why they changed suddenly here? Stingminer launching plan was in Q3 or Q4?

Nothing wrong with them bringing it forward! The crowdsale was meant to end in July though, so not sure what's happened there

Stingminer launch is after 32 days, mean 1st week of July. So may be they will launch stingminer and simultaneously keep the crowd sale going? After seeing the successful launch of products, may be more and more people will join token sale.

I guess so too, it's a marketing strategy, a working product means project plan is solid, I agree with the wisdom behind the move

I agree. It's nice strategy. I can see token sale is not going fast. And I was expecting some different approach from BitFence team. It's good they decided to launch product during ICO

Yeah it will give the ico a good boost because if they have a working product they are already making a lot of profit.

It will certainly help within 30 days when they release the stingminer - this will get alot more people interested when it's released, I'm sure many people will be interested to download it and see how it works

Huh guys. This is one is really great. They will launch the stingminer just like they told us in the roadmap. So they completed the sales now do they ?

I am not sure about the completion if sales and i think it was paused for kyc implementation from the bitfence team at least we now have to worry about stingminer release in 30 days.

yes, i have read a statement that the sale is paused for implementation of KYC.
this is the second project that i know, where a KYC is implemented in the middle of sale. Interestingly enough, this happened at exactly the same time as the ETH course went far down
but maybe that's just coincidence

But that dev has confirmed it sale is paused for KYC implementation? I mean I never seen anyone news/updates from Bitfence admin about KYC implementation. Or might be I missed that.

iphy6013

newbie

Activity: 182

Merit: 0

Quote from: cryptossi on May 30, 2018, 05:39:10 PM

Quote from: Darkoth89 on May 30, 2018, 04:19:42 PM

Quote from: cryptossi on May 30, 2018, 03:32:52 PM

Quote from: jamzzz123 on May 30, 2018, 04:21:54 AM

Quote from: Darkoth89 on May 30, 2018, 03:39:58 AM

Quote from: Owillz on May 30, 2018, 01:11:01 AM

Quote from: gee777 on May 29, 2018, 11:03:42 AM

Quote from: Owillz on May 29, 2018, 10:41:11 AM

Quote from: iphy6013 on May 28, 2018, 10:21:15 PM

Apart from the fact that one gets paid to lure hackers, the feeling of being part of something important give one a nice feeling and the believe that you're helping to make the internet safer has a nice ring to it.

Was just thinking, how will it really feel in reality? I mean if just the thought of it alone makes one feel nice about, how will the act of literally nabbing a hacker feel like?? #FBI_feeling y'all Grin

Do you physically get s hacker? No, you just have the ability of detecting and preventing a hacker from gaining access to a network.

Of course you don't physically get the hackers, by "literally nabbing a hacker" I meant the feeling of being paid and knowing you just reduced the numbers of hackers in the world by one. I mean then it won't just be a statement any more but an act.

Lmao physically getting a hacker.. But yeah, mining rewards from capturing hackers fingerprints is going to be a great feeling.

Knowing that you have made the internet a safer place to be at through the sake of mining using a small little device such as a raspberry pi - not only that but you will be getting rewarded in HNY tokens - which in my opinion will go up in value with the success of this project

Yeah man I'm really hoping this project takes off, I've invested in the token sale and I will be buying a RPI or BeagleBoard so I can 'mine' $HNY because it will definitely increase in the future.

Likewise, you can get like the new Model 3 Pi for something like £30, so even if it's just an experiment to see how the StingMiner goes, I think it'll be 100% worth every penny of that £30 lol

Definitely, even if you only get your ROI back its still a worthwhile experiment! Also I've wanted an Pi for a long time so this is a good excuse to get one lol.

Haha, I think I'll get one for myself as well I don't think they'll be any short comings I believe in this project, regardless £30 isn't much I don't mind if things doesn't go as planned.

jamzzz123

member

Activity: 350

Merit: 16

Quote from: Darkoth89 on May 31, 2018, 03:38:27 AM

Quote from: gee777 on May 31, 2018, 01:47:39 AM

Quote from: ibininja on May 31, 2018, 01:12:06 AM

Quote from: phantam on May 30, 2018, 03:09:28 PM

People seem to forget that hackers aren’t exactly easy to catch just because an ip is a source of an attack doesn’t mean that’s the attacker it could just be an insecure network being used to relay an attackers actions that’s why most smalltime hacks don’t get prosecuted it’s better to stop it be trying to rigure out the true source

I think the proactive approach with this one is what is most interesting. Since the honey pot would actively attract and analyze hacking attempts almost instantly and distribute to the rest of the network you are basically protecting before the attack happens.

Also a more experienced hacker will know what a honeypot is and how it works. And can in turn use it against the miners. How can bitfence prevent this ?

That's exactly what their lead team member said in the video interview, that they know IP's can be comprimised which is why each hackers fingerprint will be unique, and not include IP and machine name etc.

So the miner will identify the hacker via fingerprint rather than IP address/ hostname? That way, it doesn't matter what IP address they are on as we all know - often they are hiding behind a VPN

Darkoth89

hero member

Activity: 1274

Merit: 646

Quote from: gee777 on May 31, 2018, 01:47:39 AM

Quote from: ibininja on May 31, 2018, 01:12:06 AM

Quote from: phantam on May 30, 2018, 03:09:28 PM

People seem to forget that hackers aren’t exactly easy to catch just because an ip is a source of an attack doesn’t mean that’s the attacker it could just be an insecure network being used to relay an attackers actions that’s why most smalltime hacks don’t get prosecuted it’s better to stop it be trying to rigure out the true source

I think the proactive approach with this one is what is most interesting. Since the honey pot would actively attract and analyze hacking attempts almost instantly and distribute to the rest of the network you are basically protecting before the attack happens.

Also a more experienced hacker will know what a honeypot is and how it works. And can in turn use it against the miners. How can bitfence prevent this ?

That's exactly what their lead team member said in the video interview, that they know IP's can be comprimised which is why each hackers fingerprint will be unique, and not include IP and machine name etc.

gee777

member

Activity: 728

Merit: 10

Quote from: ibininja on May 31, 2018, 01:12:06 AM

Quote from: phantam on May 30, 2018, 03:09:28 PM

People seem to forget that hackers aren’t exactly easy to catch just because an ip is a source of an attack doesn’t mean that’s the attacker it could just be an insecure network being used to relay an attackers actions that’s why most smalltime hacks don’t get prosecuted it’s better to stop it be trying to rigure out the true source

I think the proactive approach with this one is what is most interesting. Since the honey pot would actively attract and analyze hacking attempts almost instantly and distribute to the rest of the network you are basically protecting before the attack happens.

Also a more experienced hacker will know what a honeypot is and how it works. And can in turn use it against the miners. How can bitfence prevent this ?

Owillz

member

Activity: 532

Merit: 10

Quote from: Ace44 on May 30, 2018, 02:35:19 PM

Quote from: jamzzz123 on May 30, 2018, 04:21:54 AM

Quote from: Darkoth89 on May 30, 2018, 03:39:58 AM

Quote from: Owillz on May 30, 2018, 01:11:01 AM

Quote from: gee777 on May 29, 2018, 11:03:42 AM

Quote from: Owillz on May 29, 2018, 10:41:11 AM

Quote from: iphy6013 on May 28, 2018, 10:21:15 PM

Apart from the fact that one gets paid to lure hackers, the feeling of being part of something important give one a nice feeling and the believe that you're helping to make the internet safer has a nice ring to it.

Was just thinking, how will it really feel in reality? I mean if just the thought of it alone makes one feel nice about, how will the act of literally nabbing a hacker feel like?? #FBI_feeling y'all Grin

Do you physically get s hacker? No, you just have the ability of detecting and preventing a hacker from gaining access to a network.

Of course you don't physically get the hackers, by "literally nabbing a hacker" I meant the feeling of being paid and knowing you just reduced the numbers of hackers in the world by one. I mean then it won't just be a statement any more but an act.

Lmao physically getting a hacker.. But yeah, mining rewards from capturing hackers fingerprints is going to be a great feeling.

Knowing that you have made the internet a safer place to be at through the sake of mining using a small little device such as a raspberry pi - not only that but you will be getting rewarded in HNY tokens - which in my opinion will go up in value with the success of this project

Yea, exactly, i like the fact that they embedded the concept of value and simplicity in the token as those are the key to a successful brand, the project is offering a lot and i do hope they achieve the needed target, i really can't wait to have a taste of the technology and see it in active use, have a reputable market base and a massive good rating

Without adding value there is nothing else that will really make sense especially in this crypto cycle. Value addition is the key and when the community understands your purpose and see the need forbthe value you are trying to add, trust them to give you the much needed support. That's a fact

ibininja

member

Activity: 490

Merit: 10

Quote from: phantam on May 30, 2018, 03:09:28 PM

People seem to forget that hackers aren’t exactly easy to catch just because an ip is a source of an attack doesn’t mean that’s the attacker it could just be an insecure network being used to relay an attackers actions that’s why most smalltime hacks don’t get prosecuted it’s better to stop it be trying to rigure out the true source

I think the proactive approach with this one is what is most interesting. Since the honey pot would actively attract and analyze hacking attempts almost instantly and distribute to the rest of the network you are basically protecting before the attack happens.

ethtrader16

copper member

Activity: 658

Merit: 0

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