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Topic: How to protect cryptocurrencies from Hackers? (Read 123 times)

member
Activity: 350
Merit: 11
January 31, 2018, 10:40:20 AM
#10
Many people do not have hardware purses for coins.  But elementary safety rules must be observed.   At first - don't  go to the crypto exchanges and wallets from search sites.  Correct links must be written separately.  Don't keep your passwords on the computer.  I know a lot of cases when scammers get remote access to a computer and steal money. And less advertise your earnings.
newbie
Activity: 98
Merit: 0
You can try to use ledger nano or what people who do not really wanna commit to buying something that is worth $90 just to store cryptos, you can try using a thumbdrive wallet but this is only for MEW or other wallets that requires files to login to the wallet. You can use MEW for ETH or Altcoins and the JPSONE file can be kept in ur thumbdrive for save keeping and plugged in only when you want to
member
Activity: 74
Merit: 10
Nothing can be protected from hackers not even wallet, they can easily get into it through your private keys, so try to avoid sharing your private keys through your computer. Nowadays nothing is 100% safe, so you have to take great precaution for your safety.
sr. member
Activity: 462
Merit: 260
There is nothing impossible today for hackers. Even the Hardware wallet they can enter into is so we should double our care in our internet activities. Check out every upcoming website, Avoid downloading software on our pc .. As long as we should be careful because it can only last a long time losing everything we earn
newbie
Activity: 4
Merit: 0
Hello!Consider storing large amounts of bitcoin in a "cold wallet" on the Internet. "Cold wallet" — a storage technology Bitcoins offline on hard drives or even on paper. Hackers simply cannot get to your savings. A "hot wallet" connected to the Internet. It should be used for daily transactions and calculations, whereas a "cold wallet" can represent your savings account
newbie
Activity: 168
Merit: 0
It is good to have the hardware wallet, but there are also some risks associated with that as well, imagine that something happened and the hardware wallet is lost, maybe in fire, flood, or stolen or something...Just like the last comment said, it is good to store your funds in different places (wallets you have the key) and not just in one place, i find this more secure than just hardware wallet.

Of course, you can never be 100% safe. But you can always hook it to a key that you ALWAYS carry around with you all the time. Even then that too can be lost, of course, but still. Seems like the best option if you're paranoid.
member
Activity: 154
Merit: 25
There are a number of advantages to having a hardware wallet security wise:

  • Private keys are never exposed to your computer.
    Most hardwares are encrypted with pin #’s, like your debit card, which adds another layer security.
    The hardware is immune to computer viruses.
    Your hardware requires you to confirm a transaction on your device (not the app on your computer) before any coins can be spent.
    The hardware company’s software is usually open source which allows users to validate the entire operation of the device.
    Hardware wallets can host multiple cryptocurrencies.

The main problem is obviously that you have to pay for the benefit obviously, and 80 quid could be quite a handy stake in an ICO or something. Also, the Nano Ledger S (which I personally view as the best option) is out of stock everywhere until something like mid March because of the insane levels of demand, meaning that, if you're looking to buy now then you'll need a good secure alternative option in the meantime.
full member
Activity: 364
Merit: 102
It is good to have the hardware wallet, but there are also some risks associated with that as well, imagine that something happened and the hardware wallet is lost, maybe in fire, flood, or stolen or something...Just like the last comment said, it is good to store your funds in different places (wallets you have the key) and not just in one place, i find this more secure than just hardware wallet.
full member
Activity: 602
Merit: 104
and most importantly, you need to keep money in different places. on different exchanges and different purses
jr. member
Activity: 56
Merit: 2
The best way is for you to store the funds yourselves. There are various devices called hardware wallets which are really safe.

Cryptocurrency investors,users should get a "hardware wallet" to protect themselves, an app developer said Tuesday, after hackers stole $530 million in digital coins in Japan.

A "hardware wallet" is a physical device that may come in the form of a USB drive, and is used to access digital coins.
example of hardware wallet is..."Haenni".
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