Thanks for the information everyone. Why do some ICOs restrict the US and certain territories?

It's impossible to give you what you want. All news are fakes (or not a full truth). [...]

[...] More good articles can be found at new.bitcoin.com and also some of the sites which are great in evaluating the coins's real time state, for example, crypto compare.

[...] How will they do it without using the natural resources to power up their digital equipment? [...]

In contrast, CloudFish developed a proprietary technology that encrypts the digital enterprise assets like documents, emails, IPAs, crypto-currencies [sic] etc. It then splits the encryption key into millions of pieces and distribute [sic] it on block-chain [sic] thereby making it virtually impossible for a hacker to decrypt and steal the sensitive data. The dynamic key split and reconstruction mechanism on block-chain [sic] is a proprietary technology of Cloudfish [sic] for which a patent is in-progress.

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Seed phrases

• 12 words
  Or:
  Use iancoleman's Mnemonic Code Converter (offline!!) to extract all private keys
  

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But do you also unmount (or unplug) your hard drive each time after the backup ?
If your drive is plugged in and mounted the ransomware will simply also encrypt the backup.

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I´d contradict this statement by using your own argument from a previous
post in this thread 


People will probably stick with Dropbox, iCloud and similar services for data storage (and
businesses with services like Amazon AWS that are very flexible). These services work
fine for most use cases and the average user is either not aware or not particularly interested
in decentralized, trustless solutions. The fact that a service like iCloud is heavily integrated into
the Apple ecosystem makes it even harder for a decentralized competitor like Sia to gain any traction.

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[...] So the smart contract can directly interact with the service, not with a "representation" of it. No oracle is needed. [...]

Combination is not the term, I guess you mean permutations and it is 50! = 3.04140932*10^64 which you can't store it anywhere not just because of capacity problems but also because of the time required for writing them, it would take billions times the galaxy's age for a multiple penta byte per second write operation, I suppose.

2^256 = 1.15 * 10^77

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But there is a notable exception, an use case where a smart contract manages a non-financial asset: Storage management. I refer to systems like Siacoin, where a smart contract checks if certain files are hosted by a server "node" - if yes, it rewars the node owner, and if not, it punishes it. It's possible that there are unknown problems with this approach, but until now it seems to work, while it may be not a complete replacement for traditional hosting, it can be a very cheap, a little bit less reliable alternative.

So decentralized storage systems, even maybe more advanced "decentralized web" concepts (like Maidsafe), could be an interesting non-financial use case. The reason for that is that storage systems have to be reachable permanently by online services, via the Internet - just like blockchains. So the smart contract can directly interact with the service, not with a "representation" of it. No oracle is needed.

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Myth #1: The blockchain is a giant, distributed computer

Myth #2: The blockchain is everlasting. Everything that is recorded into a blockchain will remain there forever

Myth #3: The blockchain is effective and scalable. Conventional money will soon disappear

it is standard practice to wait 50 minutes more after each new record appears because the records regularly roll back.

Myth #4: Miners provide network security

the problem is that miners are protecting Bitcoin from other miners.

If only one-thousandth of the current number of miners existed, and thus one-thousandth of the electric power was consumed, then Bitcoin would be just as good as it is now.

Traditional payment systems are immune to such an attack.

Myth #5: The blockchain is decentralized, therefore it is indestructible

Gaining access to just four controlling computers would gain someone the ability to double spend bitcoins. This, as you can imagine, would depreciate bitcoins somewhat, and doing it is actually quite feasible.

But the threat is even more serious than the above might imply, because the majority of pools, along with their computing powers, are located inside one country, which makes it much easier to capture them and gain control over Bitcoin.

Myth #6: The anonymous and open character of the blockchain is a good thing

How much money I have at any given time.

How much I spent and, more important, what I spent it on.

Some disclosure may be tolerable for individuals, but it is deadly for companies. All of their contracting parties, sales, customers, account amounts, and every other little, petty detail would all become public.

this is very good news! even at a decreasing price bitcoin, people continue to invest in crypto currency! this is a good sign for many investors who are afraid to invest their money!

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This makes me wonder, have you been ever confronted with a topic where you click the 'reply' tab and without a clue as to how to what to type in response and how to contribute meaningful, and this forced you to research some more about the subject matter before returning to post a reply?

Given definition by HeRetiK, it means that bitcoin is a private currency as it was defined as "decentralized" and what cryptocurrencies are? they are decentralized currency though some aren't. [...]

A private currency is a currency issued by a private entity, be it an individual, a commercial business, a nonprofit or decentralized common enterprise.

Yes Proof of Work is the major security feature and must be the basis of the technology's name but in terms of digital currency, the process of "creating blockchain" and the nodes where the "blockchain" was being stored are working together to provide the "advertised" security.
POW creates blockchain, nodes are hodling/verifying blockchain; blockchain is still a logical choice of term. (one more time: blockchain)

That's just terminology, it still depends on how people define "blockchain".
In applications other than crypto, IMO, they can call it whatever they want.

Haha, that clearly not what i mean.
That's why I hate Terms, a person may know what the "thing" is, but he may be unaware of what it is called.

I mean IMO, the blockchain technology can be called other than "blockchain" if it isn't applied to digital currencies.

As per Wikipedia, the definition of a private currency is as below,

"Private currency is a currency issued by a private entity, be it an individual, a commercial business or a nonprofit enterprise. It is often contrasted with fiat currency issued by governments or central banks. In many countries, the issuance of private paper currencies is severely restricted by law."

So as per the legal definition, bitcoin doesn't qualify to be a private currency. Bitcoin or any other crypto currency is mainly a new kind of currency whose legal definition is still not framed correctly. Definitely these are not private currencies by the definition. Private ICOs are more closely related to private currencies by definition where the tokens are issued and controlled by a certain company using a private blockchain.

A private currency is a currency issued by a private entity, be it an individual, a commercial business, a nonprofit or decentralized common enterprise.

If we keep our money in a bank then we don’t need to worry about safety because it’s ultimately up to the bank to protect that money. We pay fees for the account to be maintained, so if someone robbed that bank, the bank would insure the funds so that we would not personally lose.

Crypto space is different, we are our bank.
What comes with that is responsibility; the responsibility to protect our assets. These assets are digital and guess what — digital assets can be hacked. Just like a bank can be robbed, a hacker can stroll on into your personal bank (your crypto wallet) and take what is yours. No insurance and no one to blame.

If you’re storing crypto assets in wallets there are a number of things you can do to protect yourself. Keep these five tips in mind to keep your digital assets secure.

1. Use a hardware wallet
When you leave your money on exchanges there are lot of things that can go wrong. Governments might freeze the funds in the exchange. Your account might get hacked. Your exchange might get hacked and so on. Most of these exchanges not having proper customer support only adds to the problem. And hence it is suggested to move your funds which you don’t use for trading to an offline wallet.

2. Use Two Factor Authentication
If the wallet offers a two-factor authentication (2FA) take it. This means that if someone had access to your login details, they would also need your phone to get the 2FA code. However, note that text and email 2FA are not recommended as these can easily be intercepted if someone has access to your email, or ports your phone number to a new device.
Paul Makowski, PolySwarm CTO, suggests the best 2FA options, in order of most to least secure, are as follows:
•   Hardware dongle, see: https://landing.google.com/advancedprotection/
•   An app on your phone that doesn’t sync your secrets anywhere (e.g. Google authenticator)
•   An app on your phone that does sync (e.g. Authy)
•   Email based
•   SMS based

3. Don’t Use Public Wi-Fi
We have access to public WIFI in a variety of places, from libraries and councils to hotels, cafes and airports, allowing for an anywhere office. Crypto is 24/7 and hackers know it, and access to Wi-Fi makes it tempting to log into our accounts, wallets and exchanges on-the-go. But this is risky.
The vulnerability that comes with public Wi-Fi is that they make it easy for hackers to access computers that are connected to that network. There are three specific ways in which public Wi-Fi is risky, as David Maimon, Assistant Professor in the department of Criminology and Criminal Justice at the University of Maryland told Digital Trends:
•   Man-in-the-middle attacks
•   Malware
•   Wi-Fi sniffing

To avoid this issue, don’t have your Wi-Fi turned on, allowing it to search and connect public Wi-Fi connections. Have it turned off and carry with you an internet dongle for private connection instead. Something that costs you $10 a month could save you hundreds of thousands of dollars in asset protection. If your data plan allows for it, you can also use your own hotspot from your cell phone.

4. Beware When You Download (Even On Your Phone!)
Files can have malware attached to them and once on your device, that malware can action a number of sinister commands. Gone are the days that the only concern is someone racking up your phone bill or data. Now we need to worry about the malware reading keystrokes, granting hackers access to our accounts and even allowing them to read the screen on our phone.
Be cautious when downloading files, not only in email. Remember that there are clever people out there in crypto. You’ll notice files posted in communities, on Telegram, Facebook, Reddit, Bitcoin Talk, etc. As tempting at it is to click them, be aware that they could be bait. Always use caution. You can even use Kapersky’s File Desk to quickly check links and files.

5. Use encrypted email server
Whether you have a free online email or own your own server, you’re vulnerable to malicious email access. ProtonMail is an encrypted email service that takes a different approach to email security. The encryption means that no one but you can read your emails, not even ProtonMail themselves.
Note: that we do not work with nor endorse ProtonMail, it is merely a resource the author believes may be valuable.

6. Keep Private Keys Offline
If you have wallets on your computer, always store your private keys offline either on an external hard drive or as a hard copy, stored someone in your house. If someone gains access via malware or public Wi-Fi, this allows you to limit what they can find or take, which buys you time to realize that your device is comprised before anything important is stolen.

If you found this article helpful do share your feedback. Thank you.