Topic: Can Altcoins meet up with security and reliability issues (Read 164 times)
I suppose that they can do this. But crypto is anonymous enough to encourage security and Monero asan example is very suitable atlcoin for this move.
Crypto is safe at all and alternative cryptocurrencies are too so I don't see any problems here. And they are reliable enough to be the main aim of investing.
he number of active users and new alcoins that are of good value have sprung up, so that it can attract investors to investment, indirectly this will affect the price of bitcoin and altcoin that have long stood.
Of course, and not once faced, how many cases have been, and not once, in General, I think that a lot of gaps to date,but in the future the market will thank the person and give the opportunity if you'll keep
There are many different coins those have good security issues. Moreover bitcoin has many potentialities that have made it so reliable. It has good security, expert team, smooth operation etc. and so it is the market leader.
Decentralization, it is the key for security and reliability. Followed by community and number of specialist working for it.
Bitcoin and Ethereum has the highest number of volunteering tech specialist who are quick in finding and solving a problem.
Paid technician of some coins can't match with their expertise. Other's with better decentralized community are of course, monero, litecoin and dogecoin.
Bitcoin and Ethereum has the highest number of volunteering tech specialist who are quick in finding and solving a problem.
Paid technician of some coins can't match with their expertise. Other's with better decentralized community are of course, monero, litecoin and dogecoin.
I think the trust people put on Bitcoin is also what affects Bitcoin's popularity regarding security and reliability issues. Both Bitcoin and ALTcoins can be stored in hardware wallets, so I think the safety issues should be similar for both. But, bad ICOs that scams people are one of the reason why people start to have doubts over Altcoins.
In my opinion yes they are secure and reliable to current standards and also they are progressing it to nake more secure as days passes. But you must no one can keep secure your funds unless you are not sure how to keep yourself away from phising scams.
In the last three years, Bitcoin has proven to be an extremely reliable and secure in transactions processing. The last time Bitcoin had a major security challenges was in 2013, when the blockchain securities was put into challenges for some days and it was resolved effectively and now for over 4 years Bitcoin has been operating efficiently and more secure.
Can other cryptocurrencies also face similar security challenges and easily overcome it like bitcoin do. Most of these altcoins including Ethereum have constant reliability and security issues.
What factors make bitcoin most realible and more secure, its the block chain technology which its operate or other factors also contribute to it.
Can other cryptocurrencies also face similar security challenges and easily overcome it like bitcoin do. Most of these altcoins including Ethereum have constant reliability and security issues.
What factors make bitcoin most realible and more secure, its the block chain technology which its operate or other factors also contribute to it.
I think bitcoin is secure and more reliable because it is the first crypto currency to implement blockchain technology and it has been an open sourced project, one good thing about open sourced project is that people can contribute to the project to make it better as more secured
well after bitcoin altcoin is the most famous and trustable coin in the market so I think it offers you better facilities that is why investors are feeling it more dependable then others coins in the market so I can definitely hope that it will be safe and good potion for the investors
I believe other crypto currencies will undergo such security threats but at the end of the day, those security threats will make them to be better, more secure and reliable, blockchain is still in it's early stage of development, so there will always be security challenges but with time, it will take care off.
Yes, why not. There are a lot of altcoins such as ETH which provides security and are reliable. The main factor to see if these are there is by seeing the demand for the coins. People will not fall for coins which are scams, naturally. They will go for the ones which does provide a high chance of return of the investments.
Bitcoin is more secure that other alt coins. Because i think the reason is massive investors. Bitcoin have to be secured to keep their investors in the market.
Yeah i think they can meet up with security and reliability issues. The investors of altcoins are growing everyday so i think they will fix all security issues soon.
Bitcoin developed a really secure system, this has been a great breakthrough. Also, I'm thinking the altcoins are secure too. None are as safe as bitcoin but even still they are safe enough. But yet for all coins security, not the best. I think that security measures will be getting stronger every day. Technology never stops.
I think that altcoins and bitcoin doesn't seem very different with their security system. They are both cryptocurrency and all follows the blockchain technology so if one of them is breached then the other could be breached also, but as I see as of today, more security are applied today because of the many active users.
I think alt coin the security issue. As I know it already develop many things. Already offer some good project and most importantly it update many parts. I thing it’s highly secured.
I think in coming days other coins will be secured too. There are many coins with good potential. So if they provide good security then they will be popular.
In the last three years, Bitcoin has proven to be an extremely reliable and secure in transactions processing. The last time Bitcoin had a major security challenges was in 2013, when the blockchain securities was put into challenges for some days and it was resolved effectively and now for over 4 years Bitcoin has been operating efficiently and more secure.
Can other cryptocurrencies also face similar security challenges and easily overcome it like bitcoin do. Most of these altcoins including Ethereum have constant reliability and security issues.
What factors make bitcoin most realible and more secure, its the block chain technology which its operate or other factors also contribute to it.
Can other cryptocurrencies also face similar security challenges and easily overcome it like bitcoin do. Most of these altcoins including Ethereum have constant reliability and security issues.
What factors make bitcoin most realible and more secure, its the block chain technology which its operate or other factors also contribute to it.
The issues of security and reliability are very important factors to take into serious consideration when talking about the blockchain technology, these are factors you cannot compromised with. I think the bitcoin protocol is one of the best when it comes to security however most recent blockchains are also trying their best to meet up with these challenges.
Bitcoin is the first crypto currency that set pace for other currencies, So as times goes on and tech improves, many altcoins will meet up the security and reliability
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