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Author Topic: How to protect your altcoin  (Read 5346 times)
Cryptodrees
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June 06, 2018, 11:57:53 AM
 #541

My experience recently was so funny to the extent that I fell victim recently,it was so pathetic that I. Could be so carefree.In a nutshell;this is done by making the private key and any other sorts of privatized digits a confidential one away from the wicked and lazy brats out there(scammers).
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June 06, 2018, 12:24:07 PM
 #542

Keep the key to the purse is not on the computer, but anywhere on the USB, and use it only when you need to carry out some transaction.
I usually store ER20 Tokens and I have a lot of back up of my private key, I save it in my Flash Drive in my other computer which
I don't really use for downloads because I know it's prone to malware. Let's us the best way to secure our assets because that is our future, if it will be stolen
our future will be gone.




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June 06, 2018, 12:27:27 PM
 #543

Many various altcoin have their vulnarability and ti explore these vuknarabilities, harker may have to work for many months or years and they may still  not be successful in carrying out the attack! People usually lose their altcoin due to errors, mistakes and negligent!

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June 06, 2018, 12:33:51 PM
 #544

What is the best methods to protect altcoin from hacker?
Cold wallets, 2 FA identification . They say that there are no reliable exchanges and it is possible the truth. But for example on Finance the mechanism automatically works, blocking of transactions when them break.
mcqueen95
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June 06, 2018, 01:34:17 PM
 #545

One great way to protect cryptocurrency vs hackers is to put the crypto on cold storage and lock it up at a bank safety deposit box or another secure location. This take it off of exchanges and out of the cloud, so it can't be hacked online.
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June 06, 2018, 01:35:29 PM
 #546

The safest option would be hardware wallets and necessarily withdraw your money from exchanges, this is not the place where you should keep money. Well, you also need to be more attentive.
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June 06, 2018, 01:37:38 PM
 #547

For me, the most effective method of protection is the use of professional software better known as antivirus and others, which provides protection against all suspicious input from the outside, which will detect and remove all types of malicious software from the computer we use, we can store data in a safer place, filling all the security until layered.
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June 06, 2018, 01:43:40 PM
 #548

Save your wallet and private key well and don't tell anyone about the storage location and all sorts of other things. be careful also about a site that is suspicious and sometimes absurd. It could be that it's a phishing site that aims to steal what goes in it including the crypto place wallet is stored.

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June 06, 2018, 01:49:44 PM
 #549

I always use some combination of offline and online wallet, online wallet is useful to hold temporary coins that have not been sold while offline wallet is useful to store long-term coins and avoid hacking theft so I think it's the best thing to protect the coins...

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June 06, 2018, 01:54:42 PM
 #550

What is the best methods to protect altcoin from hacker?

First of all, you need to observe the basic conditions of computer security: do not show your private keys anywhere, do not store passwords from your purses on your computer, do not go through unfamiliar links (so as not to get to phishing sites), just be very careful when working with your own crypto-currency wallets.
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June 06, 2018, 01:58:52 PM
 #551

If you say about MEW try to use local version of web wallet. You can download it from MEW repository in the archive and start it locally without afraid. And  in this case you should defend from troyans or viruses
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June 06, 2018, 02:03:57 PM
 #552

To make sure all your coins, tokens are safe and secure in your wallet you have to have some by using methamask it's like software that would protect your wallet and can detect even stranger or any foreign thing who wants to steal your coins this way you're safe.

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June 06, 2018, 02:10:19 PM
 #553

There is no best way to protect yourself from the hacker. You need to be careful online and secure your private key or use hardware wallet like trezor. If you don't have the hardware wallet then you should store your private key on your USB instead of your computer and keep it offline.
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June 06, 2018, 02:10:47 PM
 #554

I think the protection of Altcoin is always very important for investors. In my opinion, they should be kept in a hard wallet, or backed up to paper ... Clear access history after each work and carefully in the link.
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June 06, 2018, 02:11:20 PM
 #555

What is the best methods to protect altcoin from hacker?

I think there is no hard and fast rule on this issue. Protecting your hard earned to tokens is paramount in the business. One of the rules I set for myself is to store one particular token set in one wallet. That is one token one wallet. I am using ERC20 wallet like MyEtherwallet to keep safe my tokens. I then hide my private keys from everybody except myself.
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June 06, 2018, 02:15:12 PM
 #556

Cold wallets (Ledger, Trezor or paper wallet) are the best ways.
Nobody can steal your money from blockchain until you provide yourself (phishing) or you got stolen the KEY (even in a physical way).
The key is access so just keep your key protected.
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June 07, 2018, 11:15:16 AM
 #557

I think the best way is keep your computer away from phising site, install virus protection to prevent losing private. And then store coins in wallet like Eidoo, Bread for the best sercue.
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June 07, 2018, 11:17:22 AM
 #558

Get a hardware wallet.
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June 07, 2018, 11:18:32 AM
 #559

Get a hardware wallet.
Having a hardware wallet can only protect the coins a little bit. You should have a password or a encrypt it twice.

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June 07, 2018, 11:28:48 AM
 #560

If you not use wallet every day, the best way is mew offline wallet.
Three easy steps https://www.myetherwallet.com/#offline-transaction
I think, you may use offline smartphone to sign transactions instead of computer.
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