Are there risks associated with blockchain protocol?
The blockchain technology is based on the distributed computer network with cryptographic-based security and a particular protocol of network nodes interactions — accumulation of information in a block and its further verification by all nodes. Strengths of blockchain are security and modern cryptography.
Can my account in Liqnet be hacked?
To ensure the security of user data and tools, we implemented the following protective measures:
- two-step authentication;
- system of replicated geo-distributed servers with the possibility of scaling;
- geo-distributed array of hot, conditionally hot, cold wallets, as well as addresses with a multisignature for each cryptocurrency;
- a background clearing system that checks the correctness of current balances and I/Os between full cross-sections, and when a discrepancy registers a dangerous state, it transfers funds to cold wallets and multisignature addresses.
Can the project be close soon after the ICO?
There are absolutely no reasons for it. All the software works great, the team has it’s aims and so far the project has been quite successful, so no worries about it.
Exactly. The project is growing and developing.
So, everyone in the team is Russian, right?
The team is mostly Russian and very experienced. You can learn about our team on the site
https://liqnet.io/ in "Our Team" section.
so everything is cool written about the experience of your team, and is there any way to test it? is there any information about their experience?
Information about our team you can find on our site
https://liqnet.io/ and in the WP starting from p.23
https://liqnet.io/static/docs/Liqnet_WhitePaper_en.pdf