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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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ILMC
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June 09, 2018, 12:45:28 AM |
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DjemBoot
Newbie
 Offline
Activity: 182
Merit: 0
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June 09, 2018, 01:38:51 PM |
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Lately, many fork suffer from 51% attack. Even, unknown coin like LCC (Litecoin Cash) also suffered from this attack a few days ago.
For that reason, VALUTO developers should consider to use uniqe algorithm instead of scrypt to keep the coin safe. By using unique / custom algo, I believe it can prevent the coin from 51% attack.
At this moment, the risk is very high considering that hiring HASH for VALUTO attack is VERY possible.
I am sorry, I love this coin since the first day. That's why I care to give you a suggestion. CMIIW and thank you.
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Lucica
Newbie
Offline
Activity: 116
Merit: 0
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June 10, 2018, 12:39:41 PM |
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I think this project has the potential to take off and make an impact in the cryptomarket. However, I think more momentum can be gained if updates were released regularly. As it stands right now, I find the roadmap too simplistic and only shows a short-term view of what the developers see for the project. If Spring 2018 is dedicated only to exchanges when this is completed investors will begin to research Valuto and realize that although the concept may seem promising there isn't much sign of progress. First impressions are key to gaining new investors and miners that believe in early projects such as this one. Wish you guys the best. I'm pulling for ya!
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racebyu
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June 11, 2018, 12:11:17 AM |
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Yes the future is looking very good for Valuto.
Wallet updates and new Exchanges will help move things forward.
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valuto.io (OP)
Copper Member
Newbie
Offline
Activity: 322
Merit: 0
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June 11, 2018, 04:49:06 PM
Last edit: June 12, 2018, 11:13:12 AM by valuto.io |
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valuto.io (OP)
Copper Member
Newbie
Offline
Activity: 322
Merit: 0
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June 12, 2018, 09:20:04 AM |
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Lately, many fork suffer from 51% attack. Even, unknown coin like LCC (Litecoin Cash) also suffered from this attack a few days ago.
For that reason, VALUTO developers should consider to use uniqe algorithm instead of scrypt to keep the coin safe. By using unique / custom algo, I believe it can prevent the coin from 51% attack.
At this moment, the risk is very high considering that hiring HASH for VALUTO attack is VERY possible.
I am sorry, I love this coin since the first day. That's why I care to give you a suggestion. CMIIW and thank you.
Hello everybody! Thank you alot for your concern and suggestion DjemBoot!  We are aware of the 51% attack, and we are already looking into solutions preventing these kind of attacks.  Stay tuned for more updates Best regards, /team Acquire Valuto here - https://www.coinexchange.io/market/VLU/BTC
Acquire Valuto here - https://www.coinexchange.io/market/VLU/ETH
Acquire Valuto here - https://www.coinexchange.io/market/VLU/DOGE
Acquire Valuto here - https://stocks.exchange/trade/VLU/BTC
Create a free webwallet here - https://valutowallet.com/
Information regarding VLU - https://coinlib.io/coin/VLU/Valuto
Check our block explorer here - https://vluchain.info/
Our homepage - https://valuto.io/ |
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valuto.io (OP)
Copper Member
Newbie
Offline
Activity: 322
Merit: 0
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June 19, 2018, 02:31:23 PM |
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