Are Your Coins Safe

[hridoyb]

Is it not possible that we'd wake up one day and all the coins of a network are gone. Maybe mined overnight by hackers https://cryptoinfowatch.com/proof-of-stake-attack-25-cryptocurrencies-vulnerable/

Day by day hacker use more strong technology to stole asset data from the user and they use spam mail or malware. As a result, they can easily track our browse history and also our pc or laptop when we click site or install some software which includes a virus.SO always try to best for safe your wallet and asset and never stored your all asset in one wallet.

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[CryptoKush]

I don’t keep my coins on the exchange. Therefore, I think they are safe. I don’t like to keep my cryptocurrency on the exchanges. I don’t trust the exchanges.

[HippiePyro]

Is it not possible that we'd wake up one day and all the coins of a network are gone. Maybe mined overnight by hackers https://cryptoinfowatch.com/proof-of-stake-attack-25-cryptocurrencies-vulnerable/

I wish they had linked to the study or at least list the coins they studied. I do not have much faith in that article.

[Coyster]

Your coins can only be safe based on the type of wallets they are in, you'll have to select a hardware wallet and a popular one such as trezor that'll keep your coins safe,and definitely storing your coins in an exchange is never safe as things could go wrong and you could lose a whole lot of money/coins if there is a major hack on that exchange

[Denton]

I believe that my funds are safe, because I try to keep them in my wallet, do not leave them on exchanges and do not write my private key anywhere. I also plan to order a hardware wallet, which will definitely provide my funds with complete security.

[seoincorporation]

Is it not possible that we'd wake up one day and all the coins of a network are gone. Maybe mined overnight by hackers https://cryptoinfowatch.com/proof-of-stake-attack-25-cryptocurrencies-vulnerable/

LoL, everything is possible in this life buddy, but it would be something more complex than 'mined overnight by hackers'. Think about one supercomputer, then think about 500 of those machines together, in theory with that you can generate all the possible private keys, then import them to bicoin core and that way you would have access to all the bitcoins. Then you can send all the bitcoins in one transaction and when people wake up all the coins of the network will be gone.

[Pasaway2701]

I hope so, but I can’t be sure since I have no control with my private keys and its an online wallet. Well, this is a must to protect our wallet since cryptomarket are so prone for scammers and hackers. Hard wallet is better I think so I want to try it in the future since my coins are slowly growing now.

I used 2factor authentication for my wallet to keep it safe. Even in exchanger, I make sure that I apply it and I do not keep my coins there for so long. With this security, I am being notify everytime it is being opened and making transaction. Since only exchange is reported for much hackers target, never put coins on it if you want to keep it while waiting for the increase of price.

[AimHigh]

Is it not possible that we'd wake up one day and all the coins of a network are gone. Maybe mined overnight by hackers https://cryptoinfowatch.com/proof-of-stake-attack-25-cryptocurrencies-vulnerable/

Yes my coin was always safe because my friend teach me how i do to keep my coin safe which is buying hardware wallet that can save our coins on that never hacked  by the hacker because  that was online so try to use hardware wallet to also keep your coins safe for everyone.

[HippiePyro]

It's easy to see, NO ONE read the article. In the event of a certain type of 51% attack, the attacker could rewrite the blockchain any way they wish. Even paper wallets and hardware wallets can't keep your coins safe then. Thankfully, such an attack would be incredibly difficult to carry out.

[Johnzky]

My coins are safe and i am holding them in different forms,but the opportunity of being hacked are always there since they are greay on this illegal activities.i am hoping to nit becoming a victim one day and i will do all necessary precautions to keep safer

[greenlanternlight01]

And don't get me started on Cryptopia, and their hacking attacks on daily basis and the worst part is that they go through.. Where is the security in an exchange like that?

[Velkro]

Is it not possible that we'd wake up one day and all the coins of a network are gone. Maybe mined overnight by hackers https://cryptoinfowatch.com/proof-of-stake-attack-25-cryptocurrencies-vulnerable/

It doesnt matter, in case of catastrophic code failure, developers would issue a rollback. That would cause confusion and temporary price drop but in the end situation would be resolved/saved.
Its important to remember that power of bitcoin is divided in three hands, developers, users and miners.

[UserU]

And don't get me started on Cryptopia, and their hacking attacks on daily basis and the worst part is that they go through.. Where is the security in an exchange like that?

The recent one was the final straw, and a kick to the teeth. Thank God I didn't deposit any important coins there.

[kingpin4321]

I have simple and easy steps I take to safe guard my coin
*never leave them in an exchange except I want to trade
*keep my private key very safe
*employ 2fa authenticator
*never click any suspicious link

[Juggy777]

Is it not possible that we'd wake up one day and all the coins of a network are gone. Maybe mined overnight by hackers https://cryptoinfowatch.com/proof-of-stake-attack-25-cryptocurrencies-vulnerable/

Hey no it won’t happen with you or anyone else who take care of the basics, such attacks are common and despite so many guidelines people yet loose their coins. I would suggest you not to leave your coins on a exchange, you can use Electrum wallet for holding them. Then make sure you clean your system with good antivirus, never transact on a public wifi, and most importantly never share your wallet data with anyone.

[r1s2g3]

It's easy to see, NO ONE read the article. In the event of a certain type of 51% attack, the attacker could rewrite the blockchain any way they wish. Even paper wallets and hardware wallets can't keep your coins safe then. Thankfully, such an attack would be incredibly difficult to carry out.

I read the article and I am very surprised 2 page of replies and almost everybody is on 2fa or hardware wallet where OP is all about blockchain attack. OP also never come back in this thread to clear the things here.
Anyway I have no investment in these coin so I am not worried but I will keep this in my mind.

[Kakmakr]

It's easy to see, NO ONE read the article. In the event of a certain type of 51% attack, the attacker could rewrite the blockchain any way they wish. Even paper wallets and hardware wallets can't keep your coins safe then. Thankfully, such an attack would be incredibly difficult to carry out.

The 51% attack will not give you access to other people's coins, but it will enable you to execute a double spend. <Spending the same amount of bitcoins more than once.> The problem with Bitcoin is the high difficulty and the cost to achieve 51% of the hash power to execute a 51% attack. <The cost to do this and to sustain the attack, will counter the possible reward to do this>

Most miners also know that a successful 51% attack will destroy market confidence in the technology and the price will drop to zero if this was possible. <So you execute a 51% attack, but the coins value goes to zero> 

[muhammad110]

payeer ewallet would make it hard to keep your moneysafe
it got hacked and all the money that was being recieved just disapperd by transferring it to a place i never know
the bad part is it never sent a message that says someone other than me isopening the wallet or that money has been transfereed
so stay away from it