Bitcoin Forum
June 18, 2018, 04:38:39 AM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15] 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 »
  Print  
Author Topic: Alternative Block Chains : be safe!  (Read 298692 times)
HertzCoin
Full Member
***
Offline Offline

Activity: 145
Merit: 100


View Profile
October 20, 2017, 07:20:03 AM
 #281

if you have a lot of btc -don't store all of them on PC
Please, divide storage places
1529296719
Hero Member
*
Offline Offline

Posts: 1529296719

View Profile Personal Message (Offline)

Ignore
1529296719
Reply with quote  #2

1529296719
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1529296719
Hero Member
*
Offline Offline

Posts: 1529296719

View Profile Personal Message (Offline)

Ignore
1529296719
Reply with quote  #2

1529296719
Report to moderator
stefek99
Full Member
***
Offline Offline

Activity: 234
Merit: 100


decentralize everything😎https://genesis.re


View Profile WWW
October 21, 2017, 11:04:50 AM
 #282

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.



Thanks a lot for the info @Gavin Andresen, better to be safe than sorry.
It's good to be careful and all that, but there are very good guys who are developing alt chains that are very good, i would even like you to look into one if you will have the time, can i pm/email you with the info?

Original post from 2011, and yet so up to date!

Now the security is more important than ever...

Speaking of alternative blockchains - there are not that many wallets supporting more than 10-15-20 currencies...

decentralize everything 😎 https://genesis.re
Paulcrypt
Newbie
*
Offline Offline

Activity: 26
Merit: 0


View Profile
October 21, 2017, 01:49:42 PM
 #283

This way security is assured, as no third parties are involve and no one holds the “keys”:  Cool
Coinguru1976
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile
October 22, 2017, 12:31:13 AM
 #284

Just came across this new coin, heard about it a lot in Asia while I was there.  Check out the website

www.88coin.io

Considering investing in it, have a feeling it will sell out fast
Sarah08
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
October 22, 2017, 02:46:02 AM
 #285

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.


The alternative block chain must be safe because it has been a source of income to many people. This alternative block chain has already helped so many people and from that it has been a very good help to everyone. Knowing that this block chain has provided financial needs of the people.
Sarah08
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
October 22, 2017, 02:46:35 AM
 #286

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.


Arigatoalexis
Newbie
*
Offline Offline

Activity: 12
Merit: 0


View Profile
October 23, 2017, 01:02:03 AM
 #287

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.


The alternative block chain must be safe because it has been a source of income to many people. This alternative block chain has already helped so many people and from that it has been a very good help to everyone. Knowing that this block chain has provided financial needs of the people.

You are a funny bounty hunter Sarah08. Blockchains need to be safe of course in order to be utilized effectively by mainstream people. 
Priest Sannin
Full Member
***
Offline Offline

Activity: 181
Merit: 100



View Profile
October 23, 2017, 01:03:47 PM
 #288

thanks for the safety tips, in the crypto world it's always good to be a bit conservative so do not expose yourself to a rich risk that is a very volatile and dynamic market

   /// ▬▬▬▬▬▬▬▬▬▬ Lunes Platform▬▬▬▬▬▬▬▬▬▬ \\\
  ● ●  WEBSITE  ● ●  WHITEPAPER  ● ●  FACEBOOK  ● ●  ANN  ● ●  TELEGRAM  ● ●  TWITTER  ● ● 
\\\ ▬▬▬▬▬▬▬ A decentralized token creation and registry of authenticity platform▬▬▬▬▬▬▬ ///
crypto freelance
Full Member
***
Offline Offline

Activity: 336
Merit: 107



View Profile
October 23, 2017, 05:39:17 PM
 #289

No one is immune from losing money. You have to be careful when working with crypto-currencies. There are many risk factors.

vetal_xxx
Newbie
*
Offline Offline

Activity: 5
Merit: 0

New Miner


View Profile
October 23, 2017, 09:01:45 PM
 #290

Indeed, there are no guarantees. So should be careful in crypto world)
Remaka
Jr. Member
*
Offline Offline

Activity: 41
Merit: 0


View Profile
October 24, 2017, 12:09:27 AM
 #291

Just came across this new coin, heard about it a lot in Asia while I was there.  Check out the website

www.88coin.io

Considering investing in it, have a feeling it will sell out fast

Just be safe!

█▐═══ Orbeum ═══▌█
Revolutionizing Digital World
ICO STARTS : 1st March , 2018 (https://orbeum.io)
kieuoanh
Jr. Member
*
Offline Offline

Activity: 42
Merit: 0


View Profile
October 24, 2017, 03:20:54 AM
 #292

Thank you Gavin Smiley
CBJon
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
October 24, 2017, 07:08:12 AM
 #293

The whole point for me is that blockchain was designed to be immutable and provide the checks and balances through the distributed architecture to ensure that transactions cannot be faked.

We looked at implementing a private blockchain for our cashbag.co business, and use this to manage transactions internally, but it defeats the objective of having the EVM.

It's better for us to transact using the EVM and in this way ensure that transaction history is tamperproof.


CASHBAG.co - The Cash Back Cryptocurrency  █  The blockchain platform for instant settlement and micropayments of cash back rewards. █  Pre-Sale On Now.   +3000 ETH pledged!  Token Sale starts 12  March 2018 12PM UTC     
TELEGRAM ◥ ◤ WHITEPAPER ◥ ◤ VIDEO
ProfiChain
Jr. Member
*
Offline Offline

Activity: 53
Merit: 1

IP.Gold ICO: 5/2/18


View Profile
October 24, 2017, 04:39:02 PM
 #294

Indeed, there are no guarantees. So should be careful in crypto world)
I have the same opinion. 100%

IP.Gold  ❱❭  Proven profitable IP Address Ecosystem
[192.168.68.51] JOIN IP.GOLD ICO [192.168.76.57]
kuteteoku
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
October 25, 2017, 07:55:19 AM
 #295

oh no
JackWilshereCrypto
Jr. Member
*
Offline Offline

Activity: 40
Merit: 0


View Profile
October 25, 2017, 01:42:01 PM
 #296

We invite you to joint our channel in which we share the alerts of our trading robot.


Every thing is transparent
You can check every signal on the chart to verify the results.

For more information you can join the following channel



Pump/dump detector, price predictor and auto-trader robot Trial version....
Please share our link if you enjoy our signals

https://t.me/BitWatcherTrial
JackWilshereCrypto
Jr. Member
*
Offline Offline

Activity: 40
Merit: 0


View Profile
October 25, 2017, 02:30:34 PM
 #297

We invite you to joint our channel in which we share the alerts of our trading robot.


Every thing is transparent
You can check every signal on the chart to verify the results.

For more information you can join the following channel



Pump/dump detector, price predictor and auto-trader robot Trial version....
Please share our link if you enjoy our signals

https://t.me/BitWatcherTrial
Nick J.
Jr. Member
*
Offline Offline

Activity: 31
Merit: 0


View Profile
October 26, 2017, 02:52:55 PM
 #298

Speaking of alternative Blockchains...

https://cointelegraph.com/press-releases/has-xtrabytes-already-rendered-the-top-cryptocurrencies-obsolete

This coin says it has something called PoSign or something. Not PoW or PoS i think, but not really sure.
This article was just posted on CT, so i havent had the chance to do much research.
But if true, then i guees im gonna have to take a little bite of this cake.
Guees i will do as OP wrote on page 1.

Any thoughts about the article before decide to buy or not?
NovaTerra
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
October 26, 2017, 03:55:51 PM
 #299

I think the more altcoins the better. Each new cryptocurrency gives us the opportunity to achieve something greater because each project behind it is bringing something new in this world. Wink
nicosey
Full Member
***
Offline Offline

Activity: 284
Merit: 100



View Profile
October 26, 2017, 07:25:06 PM
 #300

The internet is not built on alternation networks its built on layers.
We need this in the crypto space.
Layers of blockchains.

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15] 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!