Alternative Block Chains : be safe!

[chabbbi]

Be safe these days, because of the pandemic happening. Many hackers would attack your cryptos, I may recommend ABBC Coin and their Aladdin Wallet. Your crypto is secure with them.

 

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[NextDoor125]

Definitely it is safe for invest, Because it's a buzz word nowadays in online business all over the world but some of traders are genuine, one of them Altcoin is, and also in the mother currency no de-faulty into the maximum. So that we have to trust and need benefit as well with safe invest.

[Serious475]

Definitely it is safe for invest, Because it's a buzz word nowadays in online business all over the world but some of traders are genuine, one of them Altcoin is, and also in the mother currency no de-faulty into the maximum. So that we have to trust and need benefit as well with safe invest.

Yes I also think that investing must be made by a full decision because you are investing your money and there is no turning back if you decided to invest it in cryptocurrencies. I think that it is best to invest if you don't have a fear of losing money and if you are resilient because if something happened and your money can be stolen or you can lose your money. In this time which is in the midst of the corona virus we must find new ways to earn because we are not allowed to work or go to your jobs. It is best that you can work in your home while in this problem. You can search for alternative blockchains that can help you earn just like this site. It is great because you can earn while only in your house. It is great if you consider your safety in this time of viruses.

[danielchris]

Oh,yes l think this is a good idea for investment. Because big investment should be lot of altcoins invest due to get  good earnings.this is a good  strategy to get good  profit. I think so.

[ReliabilityAlert222]

Only an whitepaper can not serve the clear and fresher idea about the satoshi's blockchain system in altcoins, some remarkeble view always hiden to realistic task those related. So that i would love to say that there have no control on own hand becacuse the market always been conducted by virtual reguletory.

[AbernathyFray]

Whenever I hear about a new alternative cryptocurrency or blockchain, what usually comes to mind first of all is "how secure is my computer system gonna be if I key in"? Now, this is a valid fear, as far as I'm concerned because there's an exponential increase in cyber theft nowadays and one can't help but wonder if all these alternative blockchains springing up here and there don't have a hand in it.

I'd say you should look at the project as a whole.  Spend the time and conduct your due diligence.  The project should have the fundamentals, such as a listing on CMC, exchanges, a website with meaningful content, an active Github and a presence on social media.  A functioning client and a block explorer are a must.  If those are in place then the project has spend time making it a legitimate coin.  It's up to you to decide if there is something of worth there.

Good luck.

[mallmall]

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[tuapoma]

Hey Dude! BTC is fantastic but is hopelessly failing as a method of payment, try #dash against it!FogueteBitcoin Transaction Fees Are Up 800% in One
https://twitter.com/Crypton24964267/status/1262369454849175554
 

Today I made a $200 sale and the customer paid in BTC. It cost me $2.50 to send the BTC from my gateway to my wallet, and now to move it again it will cost me $5.
https://twitter.com/HelloDavidBond/status/1262539999943094273
 

It's not just that the cost is crazy, it should be fast and easy to accept crypto. Check out Dash cc
https://twitter.com/fernando/status/1262811807229661190
 

[bitstat]

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.

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[bitstat]

Our suggestions about newer investor has taken it straight position in my heart, because there are more information about altcoin's base properly. I'll must contain it before the invest of large figure amount in blockchain market. 

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[StephenJH]

I think many different types of blockchain projects are successfully running in the market. Now a days, when carona-19 virus effective. But a new project can  be started health care .

As you above mentioned there are a lot of projects and no doubt some of them are really successfully running in the market. But no doubt we must be careful that is why some of them are not as successful as others. Currently time it is just big problem to predict about altcoins what will happen, cause of corona something is really more diffrenet than expected.

[azmirihaque]

You have suggested a good idea for introducing an alternative blockchain. At the first stage of developing Bitcoin, many people were curious about its safety, security and validity but it now it has occupied a larger part of the world. Sufficient information is also available now. At present, People are more knowledgeable and conscious about different cryptos. So, justification of any alternative crypto is easier than the past. 

[lobbys]

In the ERC-20 now testing some alternative variants of main net, but I think it's not good when every token will have own type of blockchain. It is very difficult to synchronize all transactions and in the next step to exchange tokens.

[maldini]

Hello Mate, Gavin Andresen are absolutely right the suggestions you mentioned everyone should do this tests before they are taking this seriously. When i was also heard about bitcoin first i was though how that possible be much pumping a coin as well that wasn't legal to my country as well. Still it`s not.But the matter of using a new alternative block-chain your did a great suggestions to follow to anyone. Hope that will really help for all. I also get some alt coin mining and i used the techniques. I didn't  faced any issue by the way.

[philad220]

Guys beware of scam project Dogdata is an example, those guys are there to trick and fake all people.
Many regretted of buying their first tokens etherbone (ETHBN) now they swapped again for another trick
Guys BEWARE.. invest wisely!!!

[Feruna]

With the way blockchains are developed, it could have been the best way to keep funds or carry out transactions but what actually affect the superiority of blockchain is the issue of the existence of alternate blockchains, these alternate blockchains could come from both valid  and invalid source and once a user fell for the invalid sourced blockchain then that spells the doom of the user because it automatically leads to the loss of funds and that's actually the purpose the alternate blockchains from invalid source were developed.

[Daniyal Butt]

Thanks God, BTC is well-developed blockchain, so you don't ave an excuse not to work with other brokers!

Do you know any other interoperable or well-designed blockchain?

[Daras]

Some of the things that put people off in bitcoin and make them vulnerable to are lack of education on how they work and fear of being hack. Below are some tips to protect you from hackers :
1) Chosing a trusted E-wallet
2) Securing device and WI-FI; make sure your device is secured with updated anti-virus software, It is better to use a private  or secured network,
3)Use trusted exchange
4) and most importantly keep your investment quiet.

[pedrillo0]

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.

Legendary Mr. Gavin Andresen

And very good post about alternative blockchains!

Many people still start in this world ...

[gribalenfeksiyon]

Alternative cryptocurrencies are safe, but the same cannot be said for all. high volume ones are the most reliable in my opinion.