It wouldn't be decentralized anymore if there's a way to link the owners identity to the wallet address.
Scams are rotating not only in the forum but in the crypto community whereas they are targeting newbies that aren't familiar with their schemes. Just be responsible of investing your bitcoin and much better if you stop investing to ICOs as most of them are scams today.
Topic: Security - page 4. (Read 1778 times)
Cryptography controls the creation and transfer of a cryptocurrency, and the protocols underlying bitcoin have proven to be robust. ... Bitcoin exchanges are not regulated by the government, and they generally do not provide enough insurance and security to be used to store money in the same way as a bank.
one of the characteristics of bitcoin is decentralization, bitcoin users can use it as they wish. other than that it is anonymous. so if it's changed, the characteristics of bitcoin are reduced. and that will affect the user. so in the crypto world you have to be careful. because fraud is around crypto users.
Someone close lost his bitcoin to some scammers who posed as an ICO project admin.
We have the wallet address but there's no way on planet earth to trace the fraudster offline.
Don't you think its high time , this is looked into.
There needs to be a way of linking account owners to their offline address .
This would mitigate in no small measure the prevalence of frauds.
Learn from that experience and always be careful. There are lots of frauds and scams. We must be cautious enough for every transactions and activities. We have the wallet address but there's no way on planet earth to trace the fraudster offline.
Don't you think its high time , this is looked into.
There needs to be a way of linking account owners to their offline address .
This would mitigate in no small measure the prevalence of frauds.
If you don't learn from others, you learn it hard way. Take it as a lesson and move on.
Someone close lost his bitcoin to some scammers who posed as an ICO project admin.
We have the wallet address but there's no way on planet earth to trace the fraudster offline.
Don't you think its high time , this is looked into.
There needs to be a way of linking account owners to their offline address .
This would mitigate in no small measure the prevalence of frauds.
We have the wallet address but there's no way on planet earth to trace the fraudster offline.
Don't you think its high time , this is looked into.
There needs to be a way of linking account owners to their offline address .
This would mitigate in no small measure the prevalence of frauds.
You won't be able to know who they are unless you know their exchange wallet address.
When they want to wd the stolen bitcoin, the exchange should have prohibit it so they cannot withdraw either in crypto or fiat.
Someone close lost his bitcoin to some scammers who posed as an ICO project admin.
We have the wallet address but there's no way on planet earth to trace the fraudster offline.
Don't you think its high time , this is looked into.
There needs to be a way of linking account owners to their offline address .
This would mitigate in no small measure the prevalence of frauds.
I think it's impossible for you to return your money. You better forget that money! Because it's true that there is no way for you to track hackers here so all you have to do is stay cautious and be careful of links. Fake ICOs are also popular in the world of cryptocurrency. We have the wallet address but there's no way on planet earth to trace the fraudster offline.
Don't you think its high time , this is looked into.
There needs to be a way of linking account owners to their offline address .
This would mitigate in no small measure the prevalence of frauds.
Bitcoin or crypto industry is all about self-responsibility and when we call it a system based on decentralization, there is also the responsibility along with the power. One should do some research before taking any decision as we all know that crypto transactions are irreversible.
First thing you will remember in crypto is the security, because you are investing and we all want to become our investment to be secure. some company or projects offer good and well trusted in talking about security.
I would probably suggest 2FA Authy or Google Authenticator if we are holding a wallet. Get your own key, you will lose everything!
Well....I think if that should be put in place, then I think bitcoin been anonymous has been jeopardized. I can and should say that bitcoin should remain anonymous because if it doesn't then the whole crypto is in jeopardy.
Stay sharp.
It will get better.
Everything has some security issue. Don't worry.
Unfortunately there is no way for your friend to retrieve his money. Once they are gone, they are gone. Investing in ICO's today is very dangerous. It's easy to get scammed.
Security on bitcoin is really important especially our wallet account to avoid hacking put your coins into safe place and make a password that hard to guess.
it was his fault he was a little bit careless, everyone who have been hacked cant do anything about this.
Use two-factor authentication for greater security of your tokens. Bitcoin is anonymous, but transactions are visible to everyone.
All in all, bitcoin is more secure than most existing financial services, including legacy banking platforms like SWIFT, which has been compromised repeatedly by hackers.
if I think bitcoin itself is seen as a safe asset like gold in developed countries like Japan and Europe and bitcoin has various advantages, especially on the security side, so in my opinion, bitcoin blockchain is almost impossible to hack when we hold the key and store it safely.
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