Alternative Block Chains : be safe!

[SilverCup08]

Very useful tips. Thank you for posting. But would this totally keep us secured and safe? How come there are still huge scams happening? Could it be that they did not follow these safety measures you've listed?

[Andrew Clinton]

Good investor wont give their money out without proper knowledge to what they are getting into,because most of the new projects today are scams which is going to be more risky to the new members of this forum,that is why we have a newbie section so that newbies will have something in their mind before getting into the deeper things in cryptocurrencies.

[Redded8888]

Block is formed as a continuously growing chain of blocks with records of all transactions. Copies of the database or its parts are simultaneously stored on computers and synchronized according to the formal rules for building the chain of blocks.

[Grenin2]

For me only thing we can avoid that is try not to open everything you have to someone else,or you can immidiately change your password if you think someone is knowing it and not even can trust.

[Altryist]

For me only thing we can avoid that is try not to open everything you have to someone else,or you can immidiately change your password if you think someone is knowing it and not even can trust.

In my opinion you do not have to open your password to anyone., I see no reason to do this.Don't do this, if something happens that you crack the wallet, you may think bad of these people, why spoil the relationship.

[truetempo]

It is very hard to find exciting blockchains projects I find now, There are so many new ones offering "ever increasing TPS" which I feel a lot of these may be vapour ware.

[baribori45]

indeed the world of cryptocurrency is always a lot of risk. you should learn as much as possible about a given project, especially nowadays, when there are tons of scammers.

[newbieshines]

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[Bolyutim]

Sia - Cloud stockpiling is going to change. Sia is a decentralized stockpiling stage anchored by blockchain innovation. The Sia Storage Platform influences underutilized hard drive limit the world over to make an information stockpiling commercial center that is more dependable and lower cost than conventional distributed storage suppliers.

[imran69]

The Internet has a lot of information on this question. You can also use the official resources alternative blockchains. They have all the details of their technology.

[Home4freelancers]

I strongly agree!

[runikovsky]

Well ... it was a valuable experience, which taught many people that the selection of investment objects should be more exacting. I believe that the tightening of the requirements for the ICO will lead to the fact that only teams that have a really cool project with a good elaboration of implementation plans will go to this stage.

[MalcolmBee]

The Blockchain is the basic innovation supporting computerized monetary standards like Bitcoin; it's a decentralized stage that safely forms exchanges through encryption
Since this innovation can't be claimed by any o individual, organization, or element, and every client can view or access the territory of Blockchain at any given time, the Blockchain has turned out to be progressively commended as another fundamental convention and framework to do totally new and progressive capacities that greatly affect business, industry, government, and conceivably society

[runikovsky]

  I totally agree that people shouldn’t  invest more money or time than they can actually afford to. Making some investments are giving us hope about future but we should never forget to do good research and be safe before making an investment.

[baribori45]

The fact of the matter is continually guaranteeing wellbeing in all exchanges. There are elective shut chains truly are turning out and numerous altcoins are likewise out in ICOs and Airdrops, yet this things are dependably at our own hazard. It is dependably up to us on how we understand on whats going ahead with the market that we are into.

[Maharani700]

actually i agree that many people should think first before doing investment. doing investment is make us hope about future, bad or good result.

[karambol13]

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!

[MrLBE]

Agreed with the topic. I've find myself these solution: run on virtual machine (so that any malware, virus... cannot harm my personal data).

[olarrtt]

Phishing sites are up and down the internet now from scammers to steal ur coins.
Hardware wallet is the most secure but if you can't afford it ..kindly get metamask from Google chrome.is still a bit secure

[steve-rodrigue]

I totally agree with the topic.  This is why I like new blockchain projects that use existing technology as their foundation.  If you are building a PoS sidechain for example, and you are using Tendermint, I feel a lot more comfortable than someone that just created a new byzantine fault tolerant concensus algorythm from scratch.

This is because I already reviewed Tendermint's code and can focus only on the business code of that new project, rather than the blockchain code itself.

Oh, and I prefer if they use dependencies over forks.  Forks can be easily manipulated to inject vulnerable code.  Dependencies uses the code that is in the git repository of the project maintainers.

Thanks,
Steve