Alternative Block Chains : be safe!

[bitcub]

I heard there a some ICO projects created to replace blockchain. Like IOTA, and many more. They promote a more secure and faster system. So this means this is a threat to Bitcoin and to other altcoins someday.
In my opinion we should consider investing into it. This might be our chance to become an instant whale someday.

[cj9498]

Hey Guys

Full disclosure, I think this is an awesome discussion, I am just getting into Alt-coins as I am a marketing consultant for an ICO called Work coin! WorkCoin is the first crypto-currency for work. It adds a new protocol for payment, with escrow and arbitration. Holding funds in escrow until jobs are complete protects both buyers and sellers. Independent arbitrators handle dispute resolution in real time across multiple marketplaces.
So I know a lot of these groups get some spam, And we just have an honorable coin thats going to do some damage in the market! If you guys have any questions Hit me up. Oh by the way the name is Charles!

Video Explanation:
https://www.youtube.com/watch?time_continue=16&v=7g3XFAKpt-UWebsite:
Workcoin website:
https://workcoin.net/

If you guys use telegram we are giving out some physical coins, and shirts! There is also a lot of chat going on as well about different people interested!

Join If you want    

https://t.me/joinchat/GYZ-SQ-darNcXjmS-V-jow



 

[ankit05]

Blockchain with popular media, the prototypical system used to explain blockchain  is the bitcoin network. it is useful to thing of three main types of block  chain or distributedledger blockcahin exists at the cross- over between economics and technology. To apply it effectively, we need to understand both side of its personality. 

[Burgergad]

I heard there a some ICO projects created to replace blockchain. Like IOTA, and many more. They promote a more secure and faster system. So this means this is a threat to Bitcoin and to other altcoins someday.
In my opinion we should consider investing into it. This might be our chance to become an instant whale someday.

Such projects appear constantly, as the developers of these projects understand that there is a lot of money in securing the blockchaine. And such projects will appear even more in the future, I think that this is necessary and good.

[jhonjhon]

Blockchain with popular media, the prototypical system used to explain blockchain  is the bitcoin network. it is useful to thing of three main types of block  chain or distributedledger blockcahin exists at the cross- over between economics and technology. To apply it effectively, we need to understand both side of its personality. 

I don't feel security or any assurance for having this alternative blockchains. Playing safe is the best way to be far from being a victim of hackers and we should take this seriously because there is chances to happen to us if we don't mind this.

[A Fahriz Thiago]

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.

Thank you gavin,
A very useful sentence for all of us to know about what bitcointalk is and all the doubts in it.

[TheBestCryptoInvestor]

Do your own research and never take anything for granted without checking.

[Owlpoultry]

Your counsel is very candid,although it requires a lot of rigour and discipline to folow through the procedure you prescribed.
But its is indeed a worthy effort if one intends to invest a good amount of funds in it .
Thank you all the same

[raphbaph]

In the light of exactly this security risk being present in the current Bitcoin Gold hard fork I wrote a short blog post on the security issues:
http://theband.at/?p=302

[Owlpoultry]

In the light of exactly this security risk being present in the current Bitcoin Gold hard fork I wrote a short blog post on the security issues:
http://theband.at/?p=302

I'll check it out and give you a response

[Zicker188]

Thanks you! Information is very useful. Looking forward to receiving your many articles.

[Burgergad]

Do your own research and never take anything for granted without checking.

I agree with you, and even less to listen to people around you, but only those who owns a lot of experience and money. But sometimes faith is a useful thing, since it happened with bitcoin, if not for faith, I would have long sold all my bitcoins and would not have waited for the price of 8 thousand dollars

[Medow]

Thank you for sharing this piece of information with us. I am a beginner so I don't know very much, but I will learn slowly

[leepfrog]

Thats right, im using more then one pc so i can mine easy. Not like other with one pc. Also what is important to use legit windows, not to use pirate windows. And with that you can make serious money as i do.

[Burgergad]

Thats right, im using more then one pc so i can mine easy. Not like other with one pc. Also what is important to use legit windows, not to use pirate windows. And with that you can make serious money as i do.

at the expense of pirates it was always known. Yes, it's better not to take risks in such matters, otherwise we will pay twice for such mistakes. At least until someone comes up with the best protection for everyone in the crypto world

[choppik]

In my city recently several blockchain conferences were held. I managed to visit some of them. After that I decided to become a member of the Mining Now project community, that offers to buy MNW tokens. The company creator AA! LAB on its website tells in details bout its successes and the progress of its cryptocurrency - http://miningnow.online/en/blog

[EMS-007]

Than you TS for sharing your Tip and helpful ideas which are very beneficial specially for a newbie like me..

[Shaku]

Yeah, especially when someone (CH/RS) dares you to go ahead and do it...

[A Feeder]

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.

I am a newbie and can anyone explain to me what is an alternative block chain? Does this only affects the miners or does it affects every one within the cryptocurrency world?

[imreallyaniceguyy]

Thats right, im using more then one pc so i can mine easy. Not like other with one pc. Also what is important to use legit windows, not to use pirate windows. And with that you can make serious money as i do.

What is the best wallet?