Alternative Block Chains : be safe!

[Clack hulk]

hi i am newbie for this forum. what is blick chains? i hope there wants to answer me. thank you

[thisen230]

you would think that someone who even tries to code knows to rather not say such things to programmer

[cris mane]

Hello Gavin, what a new blockchain should have to spark your interest? I mean what should it be capable of and futures you would expect?

[majacash]

if i have a large amount of bitcoins i will download part of it to offline wallet then trade with the remaining at top 5 exchanges based on users reviews and my research and will be extra-cautious about third party software especially software that is free to install

[maliha tahir]

For the most part, in the event that you have a lot of bitcoins on a given PC, being additional mindful about outsider programming (be it an Alt-coin customer or an especially favor easygoing amusement) is fitting

[finist4x]

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.

Excellent thoughts and advice from an absolute professional and an exceptional specialist.

In 2018 they remain relevant and acceptable.
As if this record is made today ...

[coinshn]

NEO seems the best after ETH

[Vardanank1]

Thank you.This is a good read and very informative.  It is always necessary to carefully study the information before investing.

[gbenga88]

I think so, but don’t play with your password.

[DenZil696]

Judging by the application submitted to patent bureau of the USA, the IBM company soon will be able to test new applications with the help a blockchain system.

[DenZil696]

The Lightning network advances Bitcoin Cash by the number of active knots

The Lightning network, perhaps, still is at an initial stage of development, but already has more active knots, than Bitcoin Cash network (BCH) in network.

[tuapoma]

Dash Core developers Joshua, Chuck, and Suba demonstrate the 2nd prototype of the first Dash decentralized application, show off some mobile app designs, and demonstrate the VMN block explorer.

Dash Evolution Demo #2 v2:
https://youtu.be/EtYax7iz4hU
 

[harunhabib]

Yea, there are a lot optional wallets, normally wallets who are attached to blockchain additionally, a lot of wallets feature ones own cash from the countryside, this particular talked about, alt wallets have the opportunity to replace btc over to ones own corresponding cash, and certain alt wallets deliver a great deal more security and safety, Document don't believe every one alt wallets be able to execute this, still in the interest of any bitcoins decide the credit card which usually offer security and safety and additionally legitimacy, this is exactly valuable, most definitely if you happen to presenting a lot of btc, be sure.

[nur1labs]

Most of the new coins coming out daily are created by ignorant developers

because they not have talent pure on programmer stuff. fork and leave ahahha (￣ω￣)

[Boi qaaf]

Its a natural progression of any industry, however if you look at the mobile OS market its been dominated by a couple, in essene the alt-coins will undoubtedly be dominated by a handful, we anticipate significant consolidation in the virtual currency space in 2018 leading into 2019, particularly with the G20 in the latter months of '18 causing friction

[Boi qaaf]

Great advice. Security is above all.
If you don't want your computer to be hacked by scammers, have a reliable antivirus, be careful with third-party software.

[nur1labs]

for secure way used linux wallet block incoming port ahahha...then will be easy way~

[futuresprotocol]

Notwithstanding their Revolutionary Potential, Existing Blockchain Protocols and Monetary Eco-Systems lack the Qualities Required to Create Ubiquitous, High-Value Mass-Market Utility in the Socio-Political Space or, Domestic and International Commerce.

[DrMsEr]

yes the blockchain and alternative systems are really reliable. but the blockchaine will not be known how a system would become an alternative. or it could be mechul.

[Harlen.t]

I agree with the others who suggested using a separate machine. Especially for newbies like me, because we don't know how to look "under the hood" to check that malware or keylogger is not packaged with any new downloads and installs.