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Author Topic: Alternative Block Chains : be safe!  (Read 944873 times)
pranavmahajan
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July 14, 2019, 11:46:36 AM
 #1661

I noticed that the mini bull run bitcoin is making haven't dragged altcoins up yet. But definitely, soon that will happen. There are also a lot of interesting new altcoins out there, I saw this new fintech/ctyprobanking project, Pointpay and they are conducting 1 ETH giveaway.
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tuapoma
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July 17, 2019, 05:46:41 PM
 #1662

Ranking of coins with most active addresses as indicator for real blockchain activity.

In the last 30 days DASH @Dashpay and EOS increased their numbers significantly, whereas other top coins are losing ground.
https://twitter.com/freemover369/status/1151521278790184961
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jufrizalql
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July 22, 2019, 11:29:45 AM
 #1663

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 inquiry is very helpful for us

thank you for you Smiley Smiley Smiley
tuapoma
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July 22, 2019, 07:23:42 PM
 #1664

Ryan Taylor: DAPI to Solve Key Business Adoption Barrier for Cryptocurrency
https://twitter.com/DashpayNews/status/1153351724108828673
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The CEO of Dash Core Group (DCG), Ryan Taylor has explained how a ‘soon to be released’ technology on the Dash network will unlock the long awaited adoption benefits for Dash and cryptocurrencies in general.
https://dashnews.org/ryan-taylor-dapi-to-solve-key-business-adoption-barrier-for-cryptocurrency/
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tuapoma
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July 26, 2019, 08:02:53 PM
 #1665

Dash Podcast 114 - Jan & Fabio Announce Dash Convention Europe & Dashtoberfest!
https://youtu.be/JoGQSsnDRMI
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tuapoma
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July 29, 2019, 04:09:43 PM
 #1666

Uphold Removes Withdrawal Fee for Dash, Enabling Savings and Remittance Use Cases
https://twitter.com/DashpayNews/status/1155830080616222722
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Adelek15
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August 01, 2019, 07:46:39 PM
 #1667

in the event that I have a noteworthy number of Bitcoins, I won't run different customers on a similar PC until the substitutes have created a trust over a more drawn out timeframe... I'm most likely on the jumpy side of things.
tuapoma
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August 06, 2019, 06:50:44 PM
 #1668

From a business persepective DASH is the only economic choice
https://twitter.com/shopinbit/status/1158635067293540352
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moonhub
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August 06, 2019, 08:39:22 PM
 #1669

From a business persepective DASH is the only economic choice
https://twitter.com/shopinbit/status/1158635067293540352
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Seriously? Why so?
JollyJolly
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August 08, 2019, 05:03:06 PM
 #1670

The Whitepaper is what encourage me too.
I no longer have fear anymore, just like a life that says " either do or die.
The blockchain and cryptocurrency is here to stay
Stakeey
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August 08, 2019, 11:16:45 PM
 #1671

If the Ethereum blockchain continues to be clogged by cats(cryptokitties) then alternate blockchains make a lot of sense
tuapoma
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August 10, 2019, 01:37:36 PM
 #1672

hey dude, if you think BTC is the most secure blockchain,
Dashpay would like a word with you. LLMQ-based Chainlocks and InstantSend make DigitalCash "the most secure blockchain," and effectively immune to 51% attacks.
https://twitter.com/crypto_briefing/status/1159886214377459712
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CryptoCause
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August 12, 2019, 06:59:35 AM
 #1673

one of the stable working alter-blockchain which I know is the TraceChain from the Metahash network
Its explorer - https://venus.mhscan.com/
ebykamsiokoro
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August 12, 2019, 10:45:39 PM
 #1674

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.

............................................................................... ...................


The above words aptly captures it all. It's really not about you trying to FUD new alternate blockchains but hey! We can't say we don't know that we are in perilous times as far as the crypto ecosystem is concerned. One needs to thread with care when dealing with alternative blockchains.
Thanks for these wise words...
Adelek15
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August 15, 2019, 09:05:58 AM
 #1675

This bitcoin of a thing is a verified stage that offers answers for sparing from being lost, empower an individual to perform safe trade activities quicker and all the more safely without having a danger of confronting issues with brokers issues, etc. every day you have an ever-increasing number of canny people with various thoughts and information about bitcoin its advantages, values, etc. there is a stage that isn't a scam because it is a decentralized framework.
syed1213
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August 16, 2019, 05:14:47 AM
 #1676

I'd like to point out that there is no particular reason why several chains with different properties can't coexist.
Punamidin
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August 16, 2019, 10:05:40 PM
 #1677

Well, any new development is a welcome one if you ask me so I feel new chains coming onbaord to compete with existing ones isn't entirely a bad idea.
Dimkpakpa
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August 16, 2019, 10:37:49 PM
 #1678

Lol. We wait for that, it's a welcome development and anything that will cause a competition to existing projects is a welcome development to me
Adelek15
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August 17, 2019, 10:17:36 AM
 #1679

Blockchain Within prevalent media, the prototypical framework used to clarify blockchain is the bitcoin arrange. Yet, this is only one sort of arrangement in this space. It is valuable to consider three primary sorts of blockchain, or "distributed ledger" Blockchain exists at the traverse among financial aspects and innovation. To apply it viably, we have to comprehend the two sides of its character. The financial matters of a framework will influence the specialized structure and the other way around.
Mohammed6692
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August 17, 2019, 04:52:51 PM
 #1680

the best thing should consider

1. invest only that amount which u can afford to lose.
2. use antivirus to safe ur pc or computer
3. dont take loan or mortgage to invest in crypto
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