Alternative Block Chains : be safe!

[dioneparaiso]

Although I don't think the fiasco with Namecoin is over and I do believe we have made it hard for BitcoinExpress.  With that said I looked into the block chain rewrite this is real and can be done while lagitamitly mining bitcoins.  This exploit is quite scary for Bitcoins as a person with 20% of the hash rate can write the block chain.

The good news is it can be fixed and Namecoin is a test of such fixes.

I would STRONGLY suggest you look into this Gavin.

thank you very much for the very special information

[Spiero7]

I do not think a development such as this should become something people should start running or Fudding about. Alt blockchains will offer a different thing from what we have seen in Bitcoin, for me, its development for the entire crypto community. My perception anyways.

[Nauticus Supervisor]

It's so great to see that a thread from back in 2011 is still active in 2018! Didn't bother reading the whole thread of course but it would be interesting to see just from this thread how much blockchain has evolved in just 7 years. Nevertheless this is still great advice even after so long. I'm sure we have all learned another thing or two about ICOs and potential scams by now.

[Psalms236]

The blockchain is the underlying  technology supporting digital currencies like bitcoin.  It is decentralized platform that securely processes transactions through encryption.

[chanhcia]

many thanks, bro, tha's very helpful

[DoNotTouchMyTraLaLa]

Do you heard about VLB's blockchain? Their platform is developed by QBT team (Qiwi blockchain technologies). This exact team was responsible for developing Masterchain.

[arvindjais1234]

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.

If you genuinely looking for the information of various cryptocoins and ICOs then you should visit here:
 
https://www.cryptocoinjudge.com/
https://www.icotokennews.com/

and now they are also available on Telegram as well.

Crypto: https://t.me/CryptoCoinJudge
ICO: https://t.me/icotokennews

[arvindjais1234]

Alternative blockchain is the future of cryptocurrency. A new cryptocurrency or alternative blockchain gives us the opportunity to achieve something greater because each project behind it is bringing something new and innovative in this world.

Get detailed overview of cryptocurrency and knowledge of various crypto coins. As I am a newbie so these sites give me genuine and updated information about each and every coins and now they are available on telegram too which would be helpful in terms of gaining some updated info.

CryptoCoins: https://www.cryptocoinjudge.com/
Telegram Link: https://t.me/CryptoCoinJudge

Do share your thoughts on the same.

[Nelly.G0211]

i like the idea of Cardano Blockchain. It is a software platform only and does not conduct any independent diligence on or substantive review of any blockchain asset, digital currency, cryptocurrency or associated funds. there is a project Traxia Foundation, which is based on this blockchain. the pre-sale has already started

[yojodojo21]

there are so many blockchains, depend on the coin that you're going to use, There are Bitcoin Blockchain, Ethereum Blockchain. Depends on what you have. And I have seen This upcoming ICO VLB. Vehicle Lifecycle blockchain Which can Be a real Deal for The Future use. It's team are very solid. The Blockchain that it contains Provide a fully secure Data with the use of VLB token for utility so your money is in a safe haven. But Everytime you enter into different blockchains be sure to double check every transaction.

[Simon Eaton]

I totally agree. Be very cautious. If these blockchain have issues in their infancy dont are not getting dealt with money can be lost. My worry would be building daps that use people's money only to find buggy code that can cause the loss of great sums of money

[Jstn35]

Tried and tested blockchains are important to utilize, with a view to improving existing ones. With quantum computing coming in at some point however, it will shake the remit up substantially. Exiting whatever the case!

[selva55]

Have a project
It's providing 450 000 coins for free.fast and time-tested blockchain technology, decentralized day-by-day enlarging community.
It's fair and absolutely free!!!
here https://marineco.in/ico

[stefan187]

Can you tell ass how get free coin Marinecoin ? 

[artem.klimovich]

The guys fromQurrex makes its own alternative BlockChain. He will be very reliable.


https://qurrex.com/ THE FIRST HYBRID CRYPTO EXCHANGE - INTEGRATING INDUSTRIAL INFRASTRUCTURE OF TRADITIONAL STOCK EXCHANGES WITH DECENTRALIZED NETWORK

[rauli2017]

Caldano is a fragmented and open blockchain and a cryptocurrency project that is completely open source. Cardano is developing an intelligent contract platform designed to provide more advanced features than any previously developed protocol. It is the first blockchain platform that has evolved from philosophy of science and research-led initiative. Development team consists of professional engineers and researchers from around the world.

[rauli2017]

Stellar | Move Money Across Borders Quickly, Reliably, And For Fractions Of A Penny.
Stellar is a platform that connects banks, payments systems, and people. Integrate to move money quickly, reliably, and at almost no cost.

[Ryanpogi]

for those that I read about safe Alternative Block Chains. but do not buy it because there are times that are not safe because of scammers. They could not have been.

[rauli2017]

Eternity - Scalable smart contracts interfacing with real world data.

[rauli2017]

ARK provides users, developers, and startups with innovative blockchain technologies. We aim to create an entire ecosystem of linked chains and a virtual spiderweb of endless use-cases that make ARK highly flexible, adaptable, and scalable. ARK is a secure platform designed for mass adoption and will deliver the services that consumers want and developers need.