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Author Topic: Alternative Block Chains : be safe!  (Read 760646 times)
ObscureIM
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February 08, 2019, 01:51:01 AM
 #1621

If it's forked from a secure blockchain such as bitcoin, it should be fine
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February 20, 2019, 05:42:35 PM
 #1622

Hello, community! )) Do anyone know about post-quantum altcoins? I’ve read here https://dapcash.org/quantum-apocalypse that all coins will die soon… How do you think guys? Maybe it is a fake? Do anyone take it seriously?
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February 24, 2019, 01:16:37 AM
 #1623

As for Brain Box token, it's more than just another altcoin project. It's a true representation of creative minds who would want to share their creativity with the world

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https://iskra-coin.io
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February 25, 2019, 05:44:14 PM
 #1624

Which altcoin should we trust? A lot of altcoins are out there but which one to consider the best or the safest?
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February 28, 2019, 06:51:56 PM
 #1625

Which altcoin should we trust? A lot of altcoins are out there but which one to consider the best or the safest?

Absolutely you can always advise the top 10 cryptocurrency, as investing in them you can not worry about the fact that this company will be a scam and that your money will go to the thieves.

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March 04, 2019, 07:57:26 AM
 #1626

Which altcoin should we trust? A lot of altcoins are out there but which one to consider the best or the safest?

The situation is very changing: I thought BEAM is a good variant, but the latest stats are confusing https://cmc.io/coins/beam
But EOS is still promising https://cmc.io/coins/eos
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March 07, 2019, 12:32:39 AM
 #1627

Which altcoin should we trust? A lot of altcoins are out there but which one to consider the best or the safest?

That is a dangerous question for the lazy investor. Do your own research, don't trust word of mouth so much.
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March 10, 2019, 05:20:59 PM
 #1628

Which altcoin should we trust? A lot of altcoins are out there but which one to consider the best or the safest?

Absolutely you can always advise the top 10 cryptocurrency, as investing in them you can not worry about the fact that this company will be a scam and that your money will go to the thieves.

I have 70% of my crypto investments in altcoins and 30% in BTC

The top 10 are definitely going to best options. Other than top 10 coins, also checkout NPXS, ENJ, NEXO and IOST.

** Not an investment advice**
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March 17, 2019, 09:29:12 PM
 #1629

2) Don't invest more money or time than you can afford to lose.
How long ago this post was written and i agree, it is undoubtedly relevant now.Almost always on hearing the phrase - do not spend more money than you can afford to loss.But how often do you hear the phrase - do not spend more time than you can afford to lose?This phrase really needs to be carefully thought over by everyone.Time is something that cannot be bought and hold. Therefore, it should be appreciated.
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March 21, 2019, 04:01:02 AM
 #1630

Which altcoin should we trust? A lot of altcoins are out there but which one to consider the best or the safest?

when it comes to privacy monero is the most popular and a trusted one untraceable coin. Heard a new update that this is also now available to one of the secured exchange faast using their API as said on their medium blog.

I still have to figure out some feedback from others as what they've experience with faast.
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March 23, 2019, 03:29:49 PM
 #1631

This is a very useful advice. I think I might have not been following some of the guildlines u listed. Will make amends now..  Security should be priority for everything done over the internet.

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donass1
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March 30, 2019, 08:50:26 AM
 #1632

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.



Your advice borders majorly on security. Ten years after and Bitcoin seems to be rather immutable. It goes a long way to tell that Satoshi had serious interests in security and obscurity of Bitcoin as a transaction asset

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March 30, 2019, 03:00:51 PM
 #1633

I think altcoin is safe or not.
Cryptocurrency is digital currency, so it is like as fiat currency in many side.
Like many fiat currency, there are many altcoin.
At first, if safe or not, is related on main development team or altcoin manager.
If co-founder leave own currency after ICO or get invest, it is scam coin and altcoin will be died.
But if real Team, they will keep promise, Until many user use coin and coin have a great price.
So If you want invest for coin ICO, after you check team member and idea and so on, you must invest.
At first, ICO price is very small, but, after marketing and listing, you will get more profit.
Invest for Good ICO.

Thanks
danielchris
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March 31, 2019, 02:23:27 PM
 #1634

It is only way of alternative for safety to secure your bitcoin account,you have must chech your account time to time .if you have more accout then i think we should have extra have pc .one thing more we should have try to some part of our money  invest altcoin & rest of invest in btc.
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April 07, 2019, 08:51:32 AM
 #1635

Of course it's a good advise. But l think lot of  people are working on a one computer. In the market there are many different types of altccoin. But how can we safest one.we should have been reading news about the altccoin project time to time. I think so.
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April 11, 2019, 09:30:46 PM
 #1636

Blockchain is getting more and more adopted in many spheres -also traditional ones. But what I personally noticed (also) is that advanced projects have many great components besides blockchain. However blockchain is, of course, about giving much higher transparency and much more opportunities
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April 20, 2019, 03:28:24 AM
 #1637

one of my major concerns is how to be safe when trying this out because now there are many lots of malwares and virus that might hit your computer during this process and its a dangerous one. another things is to be sure of using passwords that are way very different from your usual ones because you might be phished and your funds might be stolen.
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April 20, 2019, 05:53:07 PM
 #1638

one of my major concerns is how to be safe when trying this out because now there are many lots of malwares and virus that might hit your computer during this process and its a dangerous one. another things is to be sure of using passwords that are way very different from your usual ones because you might be phished and your funds might be stolen.


I was hacked once. After that, I keep all the passwords on a separate disk and in a special program where all data is encrypted.



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April 23, 2019, 12:40:34 PM
 #1639

I think the crypto market will soon face a new revolution. And I'm not talking about the return of Bitcoin to its former positions, but about the fact that large business companies will start to unite to launch their token.
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April 23, 2019, 12:44:27 PM
 #1640

I think the crypto market will soon face a new revolution. And I'm not talking about the return of Bitcoin to its former positions, but about the fact that large business companies will start to unite to launch their token.

It seems to me that Ethereum will soon be on a par with Bitcoin. Especially if Microsoft, ConsenSys, Web3 Labs and others will actually run a single coin on its basis, as they say in the news
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