Alternative Block Chains : be safe!

[666#666]

first time to reply on a post written by hero member,  it's my honor

[1713908484]

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[vishi_tup]

Is there some list of indicators that certain altcoin is scam and other is not? (Except Premining, and Instamining?)

There are more shitcoins than scam coins nowadays. Someone finds an idea, fork a coin and call it revolutionary, 3rd gen, 4th gen.. Take the case of Auroracoin, spaincoin, siliconvalley coin, hongkong coin.

[andyge]

It is not wrong to be conservative. The possibility is that people miss a lot of fun and chances of profit by adopting this attitude. Specifically, it is right not to install risky software on real personal computer.

Agree, if so, our computer is easy to be attacked, that all the things we are not protected by computer, there are risks of leakage and the attack. This feel alarmed might as well give up this coin, the author will certainly consider this, hope to be able to improve technically perfect his. Let the fans can rest assured.

[yadan86]

Is there some list of indicators that certain altcoin is scam and other is not? (Except Premining, and Instamining?)

no ,but you can  make one 

[quarkfx]

Is there some list of indicators that certain altcoin is scam and other is not? (Except Premining, and Instamining?)

Even Bitcoin is premined.

P.S.: Polemic intended

[JasonCroper]

It is the best thread I have readed in the forum. There is too much scams here. Thanks for your post.

[JPred]

I don't know much about technicalities of blockchain safety, but want to say after seeing legions of new coins arising: "may the best coin(s) win!" , whenever that will be known - somewhere in the future

[kiki6990]

Using Google Authenticator as a 2way authentication for exchangers will keep you out of trouble, and your coins will be safe. As for the wallets, they have to be kept on a clean PC wich is not used for mining, with a solid antivirus, used with caution when downloading anything new.
It`s an honour for me too to reply on a hero member`s thread!:)

[Ashbite]

Always safety first people! You dont want to lose all your BTC's.
Google authenticator - Clean PC - antivirus - and make very difficult passwords you only save on a piece of paper.

[sile16]

dedicate a computer for just use with crypto, don't use for general purpose browsing...  or posting to BTT..

[buy4crypto]

Good read. Security should always be a top priority with crypto currency.

[mtomcdev]

These are really good points from Gavin, thanks!

The problem altcoins and new block-chain still have place in the digital currency scene as they address issues that bitcoin don't or do (or at least try to do) certain things more efficiently. Like shorter confirmation time or smart contracts.

[griffga]

I really appreciate this thread! Also, if you have mining equipment, don't use a wallet on the same machine. I basically don't have anything on my mining computers except a bare OS and the actual mining software.

[BIT-Sharon]

I realize this may be perceived as "Gavin is FUD'ding anything that isn't bitcoin!"  (FUD == Fear, Uncertainty and Doubt)

I would say you nailed this one bullseye with one shot. I think your real concern isn't our "safety" it's yours. Sooner or later one of these alt-chains are going to replace Bitcoin if Bitcoin doesn't do some seriously needed updating and improvements.

You know it, I know it and so does everyone else.

Sometimes the truth isn't all warm and fuzzy, sometimes it's just plain brutal.

+1

I think the updating and improvements of Bitcoin has referred to some commercial value like Bitpay which the bitcoin is commitment to keep secure and more valuable, indeed, the payment of Bitpay has become popular in North American such as Newegg in Canada.

[From Above]

I realize this may be perceived as "Gavin is FUD'ding anything that isn't bitcoin!"  (FUD == Fear, Uncertainty and Doubt)

I would say you nailed this one bullseye with one shot. I think your real concern isn't our "safety" it's yours. Sooner or later one of these alt-chains are going to replace Bitcoin if Bitcoin doesn't do some seriously needed updating and improvements.

You know it, I know it and so does everyone else.

Sometimes the truth isn't all warm and fuzzy, sometimes it's just plain brutal.

+1

I think the updating and improvements of Bitcoin has referred to some commercial value like Bitpay which the bitcoin is commitment to keep secure and more valuable, indeed, the payment of Bitpay has become popular in North American such as Newegg in Canada.

is the Newegg rly that popular in Canada bro ?

~CfA~

[elzahoum]

One would think that someone who even tries to code knows to rather not say such things to programmers, lol

true talk and straight forward   

[homm88]

Thank you for making everyone aware about this alternate blockchain confirmation.This can bring a lot of advantage as we will be safe from using such processing methods.There are a lot of other payment processors which recently been turned into scam.I would b cautious to use this website in future.

[yapusi]

3) If it is not a scam, could it open my computer up to viruses/trojans if I run it?

Yes haha

[CoinProfits]

3) If it is not a scam, could it open my computer up to viruses/trojans if I run it?

Yes haha

Why so?

[poxie]

what i really concern is that virus. about the safety we can use different passwords but the virus, we cannot avoid it cause some download document carry virus.