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October 28, 2020, 11:58:39 PM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
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1  Other / Beginners & Help / Bitcoin Pizza Day on: May 22, 2020, 12:26:48 PM
Today is the celebration of 10 years anniversary of $100M of pizza order where the real world pays the BTC as a currency.
2  Economy / Economics / BTC and Stock vs Oil price on: April 22, 2020, 09:54:19 AM
The stock market is impacted heavily due to the drop in oil prices. Do you all think it will impact the BTC prices as well?
3  Other / Beginners & Help / Legacy vs segwit on: April 08, 2020, 11:01:56 PM
What kind of address is more secure to store bitcoin legacy or segwit Every wallet supports different address types. What kind of address is more secure to store bitcoin legacy or segwit? I think some exchanges follow different address formats
4  Alternate cryptocurrencies / Altcoin Discussion / Where to store theta token? on: April 01, 2020, 09:29:12 AM
I wanted to buy some theta token but I am confused about whether I should store it in my paper wallet or some specific wallets supported by this token. Please suggest.
5  Alternate cryptocurrencies / Altcoin Discussion / Chailink wallet on: March 02, 2020, 12:46:34 PM
Does Abra wallet support Chainlink? I want to buy some Chainlink with BTC, will this wallet help? Please suggest to me some wallet where I can store Chainlink.
6  Alternate cryptocurrencies / Altcoin Discussion / How to get legacy address for BSV on: November 07, 2019, 11:37:50 AM
Recently I have created one order from eth to bchsv and my order got failed because the exchange is not supporting 'q' addresses and they ask me to provide a legacy format of BSV address. Can anyone suggest me how can I get a legacy address?
7  Other / Beginners & Help / Difference between Minerfee and Sevice fee. on: October 15, 2019, 11:42:36 AM
 I don't understand the difference between miner fees and service fees. Can anyone help me to understand that how can I calculate these fees while trading?
8  Alternate cryptocurrencies / Altcoin Discussion / TRX deposit on: October 11, 2019, 08:11:05 PM
Can i deposit trx in metamax and do swap from metamask.Please suggest
9  Other / Beginners & Help / What is dusting attack?Is your btc secure? on: August 28, 2019, 11:03:22 AM

Storing Bitcoin and Cryptocurrency is not an easy task, There are new and unique types of attacks comes into action by hackers every new day.
 
Cryptocurrencies are too much secure as it uses blockchain technology but a big problem is to store them securely in their wallets.

What is dusting attack?


These days there is a new type of attack that comes in action which is used to steal private info of Crypto investors by sending a small number of coins into their wallets. This attack is known as Dusting Attack.

Why Dusting Attack?


Hackers realized that Crypto Investors donít pay much attention towards the small or negligible amounts in their wallets as this amount is too small even not tradable on any exchange. So hackers started Dusting Attack on a large number of wallets by sending dust ( negligible )  amount of coins.

How Dusting Attack works?


Firstly, Hackers start Dusting a large number of wallet addresses by sending dust amounts into them. Then by using these dust transactions, they are able to track all other transactions happening through those wallets, So hackers start tracking all the transactions going on through these wallets by using different blockchain transactions tracking algorithms.
 
From this technique, hackers are able to reveal the identities behind these wallets and they start blackmailing the wallet owners by forcing them for revealing their identities publicly.
In starting, hackers have only used this Dusting Attack on Bitcoin wallets by sending few satoshis in Bitcoin addresses. Now Dusting Attacks are happening on many Cryptocurrencies having public Blockchain.
 
Privacy is too much value for Crytpo Investors because most people stored their coins on exchanges and third-party wallets which can be attacked easily by knowing private information of a user.

How to secure your coins?


  • Make sure only you own the private key of your coins
  • Do not store your coins on an exchange or in any third party wallets.
  • Do not reveal any information about your Crypto coins publicly on social media or not even in friends
  • Use cold wallets or hardware wallets like Ledger, Trezor, Coldcard, Opendime. Use anyone you like but we prefer Coldcard as it creates transactions offline.
  • You can also store your coins on the Core wallet if it is possible for you.
  • You can also create private keys offline using open source algorithms but keep in mind that the device you used must be destroyed completely after it. Then store private keys securely and keep many backups. Donít store your coins on addresses that are already used before. Be Pro.
  • Even if you use exchanges for trading then make sure your passwords are too strong and not linked to things related to you and must use different email idís for exchanges that are not used so much, also use privacy browsers like DuckDuckgo. Donít forget to enable 2FA  which is the biggest mistake of every trader. Use your email to log in only on those devices which are too secure and fully protected from Phishing Attacks. Donít download anything from Torrent.
  • Donít store your coins in one wallet or device or exchange or address. Use multiple ways to store your coins. Use more than one hardware wallets, many private keys.

I hope this will be useful for you all.Please share if anything i have missed anything..thanks

Source:https://www.binance.vision/security/what-is-a-dusting-attack
10  Bitcoin / Bitcoin Discussion / Blockchain and the advertising industry on: August 26, 2019, 11:13:26 AM
These days it seems like thereís a new tech scandal every day: privacy breaches by huge tech giants, smartphone apps being exploited to conduct ad fraud, and then thereís the totally normal stuff that users expect to happen every day: Getting tracked by invasive cookies and pixels.
Ad fraud is a very expensive problem that is estimated to cost advertisers over $50 billion per year. Letís be honest: if youíre paying for ads, youíre being ripped off. This is happening because the system is inherently opaque and advertiserís money ends up being spent primarily on costly middlemen and secondly on ad fraud Ė not the real human viewers they wanted to be spending money on. Up until now, this has been the status quo for online advertising, with no one making any big moves to really tackle ad fraud. Until now.

Can Blockchain Fix Digital Advertising Problems?

Adbank is an ad tech startup building a blockchain-based solution to tackle the excessive markups in the advertising industry and the $50 billion ad fraud problem. Using blockchain technology, adbankís payment protocol provides full transparency of transactions between advertisers and publishers while creating a new cryptocurrency powered ecosystem that detects and reduces fraud at scale.

What About the End User in Digital Advertising?

Recognizing the importance of users in the advertising ecosystem, adbank is now rolling out the first of its kind: an ad-blocking browser extension that rewards users for viewing ads. Sounds impossible, right? Itís pretty ingenious once you hear the way it works. BLADE facilitates the usersí active participation by rewarding them with adbankís cryptocurrency ADB when they see an ad.

With the inherent transparency of blockchain, adbank is able to detect and mitigate ad fraud, stopping advertisers funds from going to bot traffic. Even better, with BLADE, the ads are published in the users browser rather than the site, so spoof domains and fake bot traffic are no longer a threat to advertisers.

Ad fraud may seem like an issue just for those in the advertising industry, but the solution may be creating a stable ecosystem between advertisers, publishers, and users. Only when the ecosystem starts to respect users privacy and attention can the advertising ecosystem truly function.

Please share your thoughts as well on this if i missed something.

Source: https://loreleiweb.com/the-impact-of-blockchain-technology-on-the-online-advertising-industry/
11  Alternate cryptocurrencies / Altcoin Discussion / Happy Birthday ETH on: July 30, 2019, 02:25:37 PM
It is 30 july 2015 when ETH initially was released. Everyone here might have noticed the amazing work done by ETH team. It is all there efforts that ETH stands the second coin in Crypto coin List.
12  Other / Beginners & Help / Technology Disaster on: July 27, 2019, 10:26:42 AM
There was this Joke flowing on whatsapp these days

Quote
'XYZ' was setting the voice recognition password of his phone.

A dog barked and ran away..

'XYZ' is still looking for the dog..! Wink

Taking it as a joke and enjoying is one part but, this msg took me to a though. I am thinking similarly in crypto world the private key holder is the one having access to everything and we can hardly trust someone and share any of our password or private key.

What if the person holding private key is dead or met with an accident and lost memory or the person gets Alzheimer?

In first case when he dies it is lows of funds to others but not the holder. In other cases the person is the owner of some(huge/low) amount of funds but due to memory loss he is not able to access his own funds. If there was some other way that funds would help him recover or at least get treated for his condition.

In case of centralised currency there are nominees of the account and ways to get access but, here one has the monopoly on his/her funds. Which is total good and even I like the fact that I am the only one accessing my funds. But, what if any such situation fits in?

I might be sounding stupid or emotional but, this though is striking me since I read the above mentioned joke.
13  Other / Beginners & Help / If PoS has loop holes then, Why PoS? on: July 22, 2019, 06:42:00 PM
As per my understanding after read a few articles of PoS. Proof of stake where the miner stakes his/her funds for certain duration and one with higher stake and age will have can add the next block. It was mentioned that Some cryptocurrencies are vulnerable to Fake Stake attacks, where an attacker uses no or very little stake to crash an affected node.

If PoS has the above loophole then why the new tokens like Libra are using PoS? why not PoW?

Please share your thoughts.

Source: https://www.batchmaster.co.in/blog/top-9-reasons-why-pos-systems-are-important/
14  Bitcoin / Bitcoin Technical Support / What is Public Permissionless blockchain technology? on: July 02, 2019, 07:52:52 AM
I was reading an article which said that Bitcoin and Ethereum use public permissionless blockchain technology. When I googled what is "public permissionless blockchain" I got answers saying private permissioned etc., I read and got more confused.

Few articles said EOS and other coins. Please help me understand.
15  Alternate cryptocurrencies / Altcoin Discussion / The quest for a better wallet for Doge on: May 14, 2019, 08:16:59 AM
I am a long-term Doge hodler and I am having trouble finding a wallet in which has stored them. Unfortunately Dogecore is a wallet reduced to the bone, with few features and has the disadvantage of being heavy (as well as having to download the whole blockchain). The Light version is not functional.Please suggest some good wallets for doge...thanks

Source: https://themoneymongers.com/best-dogecoin-wallets/
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