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Author Topic: A Major question for the cyber and crypto community  (Read 503 times)
wishxy (OP)
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March 23, 2022, 09:40:34 AM
 #21

Don't agree and also you've missed the subject which is the thief.
If I let my guard open, keep my coin in a hot wallet or in an exchange where I do not own the key, then in my opinion I am not a true crypto user. You meant to have your own key, you meant to secure your wallet to avoid getting hacked and your funds to be stolen.

Have a hardware wallet or air gapped wallet. Secure the seed or private key in none digital format. Take care of it like you take care of a piece of a diamond or a gold bar. Your crypto will be safe. Don't blame others while you do not learn the basic of crypto.

You've missed the point again. Sorry.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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wishxy (OP)
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March 23, 2022, 09:51:53 AM
 #22


And thier solution to effectively fight cyber crimes is a partnership of public and private such as government and private blockchain teams to formulate a plan. This is a lot more of a threat than a solution for anyone in the blockchain space.

While we can not blame victims for not being very aware of keys and exposure to potential crimes, there really is the need for adoption for old folks to learn. Or they could just trust the 3rd parties who offer convenience which is also risky. Either is risky.

How it could be solved in the future is one of the reasons I've been asking a question here. It's on us to find solutions within cyberspace how to better protect ourselves and each other.

Hacker interview: Gummo
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April 01, 2022, 05:47:02 PM
 #23

When it comes to cyber crime everyone has a role to play, both the own of the wallet who's responsible for the protection of his/her private keys, also, the company and government should also take it as duty to protect it's customers and citizens from cyber hacks too.
The blame here actually depends if each is playing their respective roles as expected.
wishxy (OP)
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April 09, 2022, 04:41:57 AM
Last edit: April 09, 2022, 04:57:32 AM by wishxy
 #24

Don't agree and also you've missed the subject which is the thief.
If I let my guard open, keep my coin in a hot wallet or in an exchange where I do not own the key, then in my opinion I am not a true crypto user. You meant to have your own key, you meant to secure your wallet to avoid getting hacked and your funds to be stolen.

Have a hardware wallet or air gapped wallet. Secure the seed or private key in none digital format. Take care of it like you take care of a piece of a diamond or a gold bar. Your crypto will be safe. Don't blame others while you do not learn the basic of crypto.

Ok, here we go again.
Self-protection and criminal activity are two different things.
There is no expectation of an excuse if a criminal activity happened in cyberspace and not irl.
Also, your activity in cyberspace can be easily followed so you can be bribed irl.
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June 22, 2022, 05:10:02 PM
 #25

Who takes responsibility for a thief who stole someone's digital goods and escapes without punishment in decentralized cyberspace?

Cybercrime To Cost The World $10.5 Trillion Annually By 2025
https://cybersecurityventures.com/hackerpocalypse-cybercrime-report-2016/
Hacks and cybercrimes are horrible. Losing your funds is one of the worst feelings in the world. I had my identity stolen before too and it feels just about the same. One solution I see being adopted in the near future are biometric log-ins and digital identification. The internet computer for example is already secured by your biometrics, so nobody can hack your account.
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