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Author Topic: Alternative Block Chains : be safe!  (Read 306682 times)
meow_wow
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July 29, 2018, 02:49:03 PM
 #1401

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Ar.harry
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July 29, 2018, 07:28:12 PM
 #1402

Great advise,
 There should be so many alternative block chains in the market, be safe and dont join them. Join only block chains which are running around by hero members, senior members and legendary members. These blockchains could not be fraud, I see the posts and activities of the blockchain holder. By watching these details you could stay in a safe zone. Other wise you vould bear a huge loss.  Like your account  could get negative  markings., from which you could not able to join any future bounties.  So be safe and work like a smarter bounty hunter
dodotz613
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July 30, 2018, 02:04:35 AM
 #1403

I think security needs to be done for a new coin coins because the new coin is still vulnerable to attack
Linuxtoolg5
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July 30, 2018, 06:54:16 PM
 #1404

There are alternative block chains really are coming out and many altcoins are also out in ICOs and Airdrops, but this things are always at our own risk. It is always up to us on how how we comprehend on whats going on with the market that we are into.
btccointalk
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July 31, 2018, 05:02:28 AM
 #1405

I haven't seen anybody post about what would be my biggest worry if I were trying out alternative block chains. I realize this may be perceived as "Gavin is FUD'ding anything that isn't bitcoin!"  (FUD == Fear, Uncertainty and Doubt)  But I think some of you might be forgetting some basic computer security fundamentals in the excitement to be early adopters.

When I first heard about bitcoin, my questions were:

1) Can it possibly work (do the ideas for how it works make sense)?
2) Is it a scam?
3) If it is not a scam, could it open my computer up to viruses/trojans if I run it?

I answered those questions by:

1) Reading and understanding Satoshi's whitepaper.  Then thinking about it for a day or two and reading it again.
2) Finding out everything I could about the project.  I read every forum thread here (there were probably under a hundred threads back then) and read Satoshi's initial postings on the crypto mailing list.
3) Downloaded and skimmed the source code to see if it looked vulnerable to buffer overflow or other remotely exploitable attacks.

If I were going to experiment with an alternative block-chain, I'd go through the same process again. But I'm an old conservative fuddy-duddy.

If you want to take a risk on a brand-new alternative block-chain, I'd strongly suggest that you:

1) Run the software in a virtual machine or on a machine that doesn't contain anything valuable.
2) Don't invest more money or time than you can afford to lose.
3) Use a different passphrase at every exchange site.



Thank you for posting this and I truly agree with this line that, '2) Don't invest more money or time than you can afford to lose.'

batrocio1
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July 31, 2018, 05:07:22 AM
 #1406

I agree .. we must be careful to some links or site that is suspicious .. some site that is new tome i check it online . by scanning the domains. and research about some feedback.. i personally experience sites that are same scamming scheme  they just edit their url. ..

just be careful and be safe.

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diego ramos
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July 31, 2018, 05:19:37 AM
 #1407

Be carefully guys.
Use different passwords, emails and pics for the same. Grin Grin Grin
Rohomus
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July 31, 2018, 06:47:54 AM
 #1408

I concur blockchain is a somewhat great innovation. Yet, you must be watchful when you are working with cryptographic forms of money. There are numerous hazard factors.
Gdweru7
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July 31, 2018, 08:10:35 AM
 #1409

Each process in the blockchain network owns a full copy of every transaction or movement of the data on the blockchain, it means that the details and history of the transaction are traced.Despite historically being used to handle financial transactions, the security and reliability of blockchain technology mean that it can be applied to other areas and industries.
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July 31, 2018, 10:33:55 AM
 #1410

I actually use same username and passwords on some of the first sites that i signed up. Then one time it come to my senses that, what if i get hacked. All my accounts would be affected, an it wasnt good. Then i tried to change everything, starting on my email. And now i can say i can make a book out of my passwords and username. lol. Its better to be safe than sorry.
bitbitP
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July 31, 2018, 12:53:07 PM
 #1411

Stellar EOS and Cardano are good alternatives
gooddly
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July 31, 2018, 12:57:40 PM
 #1412

I actually use same username and passwords on some of the first sites that i signed up. Then one time it come to my senses that, what if i get hacked. All my accounts would be affected, an it wasnt good. Then i tried to change everything, starting on my email. And now i can say i can make a book out of my passwords and username. lol. Its better to be safe than sorry.

How difficult everything is! I still have to grow and grow to such a level)) But my means should be secured in the maximum possible way, then I agree. I will grow ...
PasanD
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July 31, 2018, 03:19:03 PM
 #1413


There's a number of key platforms and protocols that must be built and put in place for that to happen.
Being focused on individual projects as we have been, has been very informative from a micro point of view but I believe it's also equally important two step back and obtain a macro view.
Especially since our exposure to high yield Ico projects is being challenged.
Once the shake out of the Ico projects to date is underway, and that's already happening, I expect there to be a number of projects that have been on the exchanges for a while, to find new use cases, new customers and need renewed investment.
No matter how good the token metrics and business case are 4 some projects, they will not adopted for everyday use unless real world changes occur to facilitate them.
I I am making a chart for myself which countries are building out there infrastructure the most aggressively to adopt crypto economics.
The things that are needed in these infrastructure preparations are tax implications, both on income tax forms and at the point of sale, as well as the many kinds of equipment necessary to facilitate buying and selling cryptocurrency as well as point of sale and pricing equipment.
Then there's communication infrastructure like 5G wideband cell phone architecture and phones. Our current phone technology cannot handle Mass adoption payment systems at the volumes they will occur at. These phones will need to be able to convert the value of multiple currencies to multiple cryptos instantly, as they will need to be link to exchanges.
There are other qualities as well.
I'm doing this because many projects have failed and are in the process of failing and will fail in the next few years, as a result of they're almost purely speculative nature.
We all want to own currencies that will increase in value and pay well down the road but some that are well-known have already started to fail.
Muxkek09
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July 31, 2018, 05:10:29 PM
 #1414

 I actually use same username and passwords on some of the first sites that i signed up. Then one time it come to my senses that, what if i get hacked. All my accounts would be affected, an it wasnt good. Then i tried to change everything, starting on my email. And now i can say i can make a book out of my passwords and username. lol. Its better to be safe than sorry. But im making sure that i backed up all of that incase things would mess up.
Galeyaniniz
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July 31, 2018, 07:11:35 PM
 #1415

Thank you to the specialists. because I see a lot of useful information here
Fipolen2
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August 01, 2018, 07:29:06 AM
 #1416

All we know that there's so many altcoins and it's difficult to find what's the best altcoin that is not scam, that we truly can trust. But the most important how to be safe is don't ever ever give your private details to anybody, if possible change or use different password for your email to see your coins to be safer!
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August 01, 2018, 08:36:20 AM
 #1417

Caldano is a fragmented and open blockchain and a cryptocurrency project that is completely open source. Cardano is developing an intelligent contract platform designed to provide more advanced features than any previously developed protocol. It is the first blockchain platform that has evolved from philosophy of science and research-led initiative. Development team consists of professional engineers and researchers from around the world.
jardel1905
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August 01, 2018, 11:59:23 AM
 #1418

It has always been and will be so, that the more popular something becomes, the more interest it causes among scammers. And no matter what protection there is, scammers will still bypass it, so you can not be 100% sure of anything, you need to improve this offspring, this creation, because people use smart contacts, they trust them.
Iotjava
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August 01, 2018, 12:30:27 PM
 #1419

I actually use same username and passwords on some of the first sites that i signed up. Then one time it come to my senses that, what if i get hacked. All my accounts would be affected, an it wasnt good. Then i tried to change everything, starting on my email. And now i can say i can make a book out of my passwords and username. lol. Its better to be safe than sorry.
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August 01, 2018, 02:03:30 PM
 #1420

Generally, if you have a large amount of bitcoins on a given PC, being extra-cautious about third party software (be it an Alt-coin client or a particularly fancy casual game) is advisable.

you should never have a large amount of bitcoins on a PC! better store them in an external disc that was used a safe pc.
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