Hello pals,
Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
I really appreciate if you guys give me some answers
As we all know this sector IOT is the fastest growing part of the internet so security matters the most. Every day many new products (software/hardware) are out in order to protect and stop the hackers.
I came across something new last week which is revolutionary in my opinion and i thought to share it here.
The World's First Blockchain mobile Phone by Embedded Downloads who announced that the BitVault®, the world's first crypto communicator and blockchain smart phone will be shipped by the end of January 2018. BitVault and many more products are owned and developed by Embedded Downloads, with development offices in Limerick, Ireland and New Delhi, India. Embedded Downloads specializes in secure hardware and software relating to the "Internet of Things".
[
www.embeddeddownloads.com]
More details on features and specifications are available on the their website:
https://swissbankinyourpocket.com/bitvault/ EOT – “The Encryption of Things” The huge surge in devices attached to the internet [ see estimate above of 30 billions objects attached to the internet by 2020] constant hacking and cyber attacks have increased not only the demand but the necessity of secure solutions. EOT – Coins – A cryptocurrency for the Future for more details please follow the link below:
www.eottoken.com All the best