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Author Topic: Hacking is the Big Problem  (Read 2377 times)
guojii
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March 25, 2018, 08:23:18 AM
 #361

You can save the token in your wallet and save your private key to ensure your own funds. Hackers cannot be regarded as the biggest problem, mainly depends on the attitude of governments to treat cryptocurrencies.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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March 25, 2018, 09:12:48 PM
 #362

I think hacking is a major menace that the whole wide world will have to deal with. Exchanges have lost billions of dollars to hacking and individuals as well have lost quite a sum. That is why I support cryptocurrency regulation in a way as it will spell out the operating security standard.
No it is not the issue in bitcoin but the issue in the user because if you will use bitcoin wallet for your crypto currency then it will not make your lose anything, today everything is safe using bitcoin, it grow so be confident and use bitcoin wallet for the safety and security then it is risk free investment, mostly people share their bitcoin wallet with other people that create problem for them, so use bitcoin wallet and keep your private key away from people.
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March 25, 2018, 11:32:05 PM
 #363

Advice is that we should all activate 2FA Atleast you give your account some additional security layer
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March 26, 2018, 08:46:53 AM
 #364

Yes, it's a huge problem if hackers know our accounts, we can lose everything we do both in trading or in bounty campaigns, losing everything we earn because of those hackers, so be careful of hackers so do not lose the accounts or the bitcoins.

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March 26, 2018, 12:24:57 PM
 #365

Guys…

I read the new the Japanese Exchange Coincheck loses ¥58 billion in the hacking attack. It’s not a single case in this after a few weeks ago Etherdelta was also Hacked. So how can we ensure that our money is safe on exchanges?
this is a problem that should be addressed by the exchange site developers about the security that should be a priority that must be owned by some trading exchanges because this of course will inhibit the growth rate of crypto currency because with the occurrence of these things will cause a sense of distrust for investors who will invest in crypto currency. as well as things to be considered for anyone using the exchange site to be more selective in choosing exchange sites that are secure enough to avoid having a loss problem in storing their owned crypto assets.

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March 27, 2018, 02:21:14 AM
 #366

Cryptocurrency refers to a digital currency that USES cryptographic methods in the distribution process, not to say that the currency has any intelligence or magic power to identify its owner.

Deny people indeed encryption is turned against most money, so if hackers steal the key, then the money to him, so be sure to find a safe way to store your own key, and definitely don't leak it to others!
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March 27, 2018, 11:34:53 AM
 #367

Yes, it's a huge problem if hackers know our accounts, we can lose everything we do both in trading or in bounty campaigns, losing everything we earn because of those hackers, so be careful of hackers so do not lose the accounts or the bitcoins.

I have seen many of my friends being hacked especially when they save their tokens in mew account but they don't keep their private keys so it attracts the hacker to steal their tokens. this is the problem that we need to solve by saving our private keys in the safe place and we don't share the keys to other people. and if we can secure our account, I think we can keep our account from the attacker so we can continue what we've done before with safety.

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reighbut2017
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March 27, 2018, 12:01:43 PM
 #368

Yes, it's a huge problem if hackers know our accounts, we can lose everything we do both in trading or in bounty campaigns, losing everything we earn because of those hackers, so be careful of hackers so do not lose the accounts or the bitcoins.

I have seen many of my friends being hacked especially when they save their tokens in mew account but they don't keep their private keys so it attracts the hacker to steal their tokens. this is the problem that we need to solve by saving our private keys in the safe place and we don't share the keys to other people. and if we can secure our account, I think we can keep our account from the attacker so we can continue what we've done before with safety.

Hacking is a widespread problem worldwide even those IT experts who created the programs are also a victim of hacking. Most common today is hacking in myetherwallett account , if you to keep your money safe you should exchange in cash and save in the banks.
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March 27, 2018, 12:10:08 PM
 #369

Hacking is the problem ever since but there's a new problem I think that affects the market so much.
FUD news is a new thing, and it can easily affect the market because of weak people who react negatively about the news.
Hope that the market can bounce even we face so many problems along the road.
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March 27, 2018, 01:07:23 PM
 #370

Hacking is the problem ever since but there's a new problem I think that affects the market so much.
FUD news is a new thing, and it can easily affect the market because of weak people who react negatively about the news.
Hope that the market can bounce even we face so many problems along the road.

Hacking is the big problem in all field so you can make that simple and presecured it will the only way available for a common people but prevention is better than cure so i can trust that.

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March 27, 2018, 02:45:04 PM
Last edit: March 27, 2018, 02:56:54 PM by Granxis
 #371

These days the theft has increased in a very alarming way, a friend of 300 Etherum was played yesterday. There are users who do not know how to take precautions in this regard. If theft does not happen on the stock market, there is a user error.

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tapayharum
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March 27, 2018, 06:28:34 PM
 #372

For that we should be more careful using wallet and hacking problem has increased very much at this time. do not let our private key is someone who knows.
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March 28, 2018, 02:33:10 AM
 #373

In fact, I don't think we need to worry too much about hacking, as long as we're talking about a private wallet when we don't need a deal. Because hackers typically look for big targets like trading platforms.

We should not log on to the website of the Trojan horse, save our own wallet.
Yeah, we should be very careful about browsing and clicking on suspicious link or a spam messages as this is the most probable reasons of hacking our wallet accounts. Many had been a victims of phishing that resulted to lost of funds on their accounts. So be aware of those malware.
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March 28, 2018, 03:47:09 AM
 #374

For that we should be more careful using wallet and hacking problem has increased very much at this time. do not let our private key is someone who knows.
as long as it is secure, you dont need to be worried. Dont ever give you private keys even at your close friends etc.  dont trust too much espacially if this is money involve.
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March 28, 2018, 04:17:23 AM
 #375

Guys…

I read the new the Japanese Exchange Coincheck loses ¥58 billion in the hacking attack. It’s not a single case in this after a few weeks ago Etherdelta was also Hacked. So how can we ensure that our money is safe on exchanges?

Hacking is always a problem. The exchanges are upgrading and modifying their security continuously but the hackers are also mutating their hacking capability with the new security. If any exchange got hacked then we can't do anything. The only thing we can do in this case is (i) we should not invest lot of money on any new exchange (ii) Always use the popular exchanges which you know more secure than other.

There are some ERC 20 tokens which can be exchange only some exchanges like Etherdelta. keep very small amount of ETH for transaction, exchange and withdraw you funds as soon as possible.

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March 28, 2018, 05:39:33 AM
 #376

Hacking is one of the major problems in the cryptocurrencies. Once you lose your bitcoin you lost it, there is no mechanism to recover stolen or lost Bitcoins. The best way to store your Bitcoins is on disk that is disconnected from the internet.

You are right! we have to store the Bitcoin in an offline wallet in order to protect ourselves, now a days most of the people are protecting and finding possible ways to store their Bitcoin in a secret wallet.

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March 28, 2018, 07:45:40 PM
 #377

Hacking is the problem ever since but there's a new problem I think that affects the market so much.
FUD news is a new thing, and it can easily affect the market because of weak people who react negatively about the news.
Hope that the market can bounce even we face so many problems along the road.

Hacking is the big problem in all field so you can make that simple and presecured it will the only way available for a common people but prevention is better than cure so i can trust that.
It is the world problem in every system but mate every system have arranged some solution for it, as bitcoin hacking problem is almost solved and people got the chance to overcome this problem with the help of bitcoin wallet there are hundreds of hardware and software wallet available in market now,. So if you have trust about bitcoin security better if you try once blockchain as it is very hard to hack blockchain and it provides high stage of security, your bitcoin will remain save if you will not share about your bitcoin password with any of your friends and keep it a secret.
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March 29, 2018, 04:01:15 AM
 #378

Hacking is the problem ever since but there's a new problem I think that affects the market so much.
FUD news is a new thing, and it can easily affect the market because of weak people who react negatively about the news.
Hope that the market can bounce even we face so many problems along the road.

Hacking is the big problem in all field so you can make that simple and presecured it will the only way available for a common people but prevention is better than cure so i can trust that.
It is the world problem in every system but mate every system have arranged some solution for it, as bitcoin hacking problem is almost solved and people got the chance to overcome this problem with the help of bitcoin wallet there are hundreds of hardware and software wallet available in market now,. So if you have trust about bitcoin security better if you try once blockchain as it is very hard to hack blockchain and it provides high stage of security, your bitcoin will remain save if you will not share about your bitcoin password with any of your friends and keep it a secret.
Hackers are very good at hacking systems, they do not need information or ask the wallet owners what password their wallet. With the expertise they have, they are able to break the password of our wallets and take all the contents that are in our wallets.
I really agree and like to save our coin in offline wallet or disk, which is not connected by internet connection. I think it would be much safer to protect our coins.
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March 29, 2018, 04:33:34 AM
 #379

Guys…

I read the new the Japanese Exchange Coincheck loses ¥58 billion in the hacking attack. It’s not a single case in this after a few weeks ago Etherdelta was also Hacked. So how can we ensure that our money is safe on exchanges?
yes a hack is a huge problem. whatever the reason, hacking causes damage to the computing devices of individuals and businesses, sometimes resulting in millions of dollars lost. so keep every account
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March 29, 2018, 09:53:13 AM
 #380

Hacking is a hot issue and hard to solve.
It depends on a lot of factors.
I advise you to protect your property carefully.
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