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Author Topic: Alternative Block Chains : be safe!  (Read 298692 times)
christianax
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February 05, 2018, 06:03:07 AM
 #601

You did'nt know if you don't try, just try and explore.
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Kilomans
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February 05, 2018, 11:25:00 AM
 #602

The point is always ensuring safety in all transactions. There are alternative block chains really are coming out and many altcoins are also out in ICOs and Airdrops, but this things are always at our own risk. It is always up to us on how how we comprehend on whats going on with the market that we are into.

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February 05, 2018, 12:27:56 PM
 #603

thank you for the knowledge you have provided. now I would like to read more on the bitcoin forum to further expand my knowledge.

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February 05, 2018, 02:22:18 PM
 #604

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 thankful that I have learned about block chains. now my knowledge has been increased so I have better reading my forums.

mtthardy4
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February 06, 2018, 11:36:21 AM
 #605

If you needed to earn good profit through cryptocurrencies than go to this blog

http://cryptocurrenciesconsultant.blogspot.com/

Just buy its consultant service and he would predict and provide you good signals to buy and sell any crypto coins. His most of predication is about 90% perfect. He had good trading experienced to help out other traders as well.

If you had any question aobut how to buy / sell or any related question about the trading and cryptocurrencies than contact him.

I m also using his service from last few months. so i m sharing with you as well
Marble777
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February 06, 2018, 05:23:13 PM
 #606

If you needed to earn good profit through cryptocurrencies than go to this blog

http://cryptocurrenciesconsultant.blogspot.com/

Just buy its consultant service and he would predict and provide you good signals to buy and sell any crypto coins. His most of predication is about 90% perfect. He had good trading experienced to help out other traders as well.

If you had any question aobut how to buy / sell or any related question about the trading and cryptocurrencies than contact him.

I m also using his service from last few months. so i m sharing with you as well
If all of this has really been tested? we all know that we need something definite and convincing of course I understand the name of failure but if it keeps repeating it will attract many people to get stuck together

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February 07, 2018, 09:12:11 AM
 #607

i think
i haven't yet read Satoshi whitepaper.
Anyway, where i can read satoshi white paper?
shakeelraja
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February 07, 2018, 12:17:50 PM
 #608

I strongly agree. That's partly why I haven't messed with the alt chains. I even mentioned this on the announcement thread for coin but it got drowned out with all the excitement about it.

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February 07, 2018, 02:31:28 PM
 #609

i think
i haven't yet read Satoshi whitepaper.
Anyway, where i can read satoshi white paper?
It's hidden in a secret CIA archive. No thanks needed.

>>> CryptoComes.com <<<
icocash
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February 08, 2018, 04:51:16 AM
 #610

Does anyone a gree that bitcoin is just a prototype or experiment to create a new algorith? Cool

 A New breakthrough is ON (https://icocash.io)
MuhammedBagatur
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February 08, 2018, 11:41:13 AM
 #611

bcc  Cheesy Cheesy
Muo
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February 08, 2018, 12:14:48 PM
 #612

I've got a problem in getting my coins into a wallet.

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February 08, 2018, 02:36:57 PM
 #613

Some people only have one computer and that must suck. Fortunately I have multiple so I can use some of my alt-miners to do this safely.
[/quote


Bitcoin’s blockchain supports pruning, which allows forgetting about old irrelevant transactions. In a steady state, total blockchain size should be constant, rather than scale linearly with time.

]

crea8ivemoiz
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February 08, 2018, 02:38:14 PM
 #614

What are the safest online wallets?

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February 08, 2018, 04:14:20 PM
 #615

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 have in my wallet FuD and FUDD can be malicious
  get access to my wallet ??

ronbt
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February 08, 2018, 07:45:07 PM
 #616

I have listened to the ConnectX webinar and learned about the alternative to the new wave of blockchain. The intention is to move transaction to a network of sattelites separate from internet for better security. The idea is very appealing and webinars are ongoing. Quite an idea to have the next blockchain off the net! https://connectx.us5.list-manage.com/track/click?u=d9d859303d0737014d41b6c48&id=e6972bc931&e=faef4d3288
Arsenio Aileen
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February 09, 2018, 06:57:43 AM
 #617

hi, everyone

Sorry for out of topic..

Which one coin do you think will stable?

I wanna invest more for my child...

Thank in advance
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February 09, 2018, 03:48:59 PM
 #618

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 opened this thread as there is new posted reply, and see the post seems very useful. However there is my concern specially for posting date, it was 2011. I consider perhaps any update of the advice whether still applicable for now or perhaps any more advance advice as now so many coins issued. The important thing is security and safety for everything, not just only trading for cryptocurrencies but also other side which was advised aforesaid.

kellystevens
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February 09, 2018, 06:41:17 PM
 #619

There are good altcoins in the market right now. Tron, Bulwark and VeChain are some of the altcoins i have invested. Most of the prediction sites are also expecting a good growth for such coins. check out this: http://coinpriceprediction.net/tron-price-prediction-trx-forecast-2018/ they are expecting a good growth for tron. I hope altcoins which has good technology will last in the market. I Personally think BCH and other fake Bitcoin spams will be a huge risk too.
Helene Frigout
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February 09, 2018, 09:13:36 PM
 #620

I would STRONGLY suggest you look into this Gavin.

Relevant discussion on the bitcoin-dev mailing list is here:
  http://sourceforge.net/mailarchive/message.php?msg_id=28082081

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