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Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => IOTA Forum => Topic started by: Munareal on December 19, 2018, 10:43:34 AM

Title: Is IOTA Safe and Secure?
Post by: Munareal on December 19, 2018, 10:43:34 AM
All cryptocurrencies at are at similar risk attack. Hackers are trying hard perpetrate their nefarious acts and developers are working hard to see that their security cannot be bridged. IOTA is safe enough as no serious hacking has been carried out though it has its on flaws
Title: Re: Is IOTA Safe and Secure?
Post by: Nautilus on January 04, 2019, 06:41:24 PM
I am really curious about this for myself. I know almost nothing about iota other than it is related with the IOT technology.
Title: Re: Is IOTA Safe and Secure?
Post by: IyemRoker on February 04, 2019, 12:24:22 PM
Quote from: Munareal on December 19, 2018, 10:43:34 AM
All cryptocurrencies at are at similar risk attack. Hackers are trying hard perpetrate their nefarious acts and developers are working hard to see that their security cannot be bridged. IOTA is safe enough as no serious hacking has been carried out though it has its on flaws
And what is the weakness of the IOTA?

I admit I don't understand how IOTA works and I also never trade bitcoin with IOTA.
As always these coins in the communities in my place of residence are less interested.
Title: Re: Is IOTA Safe and Secure?
Post by: jbc081475 on February 05, 2019, 11:27:16 AM
IOTA coin is safe and secure because this coin has the capability and ability to rise in the crypto market. This coin has been gaining more popularity in the crypto community that would give us more profit soon.
Title: Re: Is IOTA Safe and Secure?
Post by: kent47400 on February 13, 2019, 02:45:05 PM
(https://i.imgur.com/ysnqPio.png)

I don't understand how IOTA works, but if IOTA is in the top 50 Coinmarketcap and this is definitely great for long-term investment.
You also have to be strong HODL so you can reach All Time High again like 2017.
Title: Re: Is IOTA Safe and Secure?
Post by: Loah Morgan on April 19, 2019, 12:59:58 PM
IOTA doesn't use the blockchain technology which is being used by most of the cryptocurrencies. Instead, it has developed a new platform known as Tangle, that uses a mathematical concept known as Directed Acyclic Graphs (DAG).

Tangle is better than Blockchain in the following aspects:

Scalability: IOTA was designed to enable transactional settlement at scale. Since consensus is parallelized, and not done in sequential intervals of batches as in Blockchain, the network is able to grow and scale dynamically with the number of transactions. The more transactions are made, the more secure and the more efficient the Tangle gets.

One can convert iota to btc (http://seo abuse/iota/iota-to-bitcoin) at the best rate at Coinswitch by comparing the prices across exchanges. 1 IOTA will give 0.00005900 BTC.

Title: Re: Is IOTA Safe and Secure?
Post by: Bobcrypto on April 22, 2019, 07:26:52 PM
As a matter of facts, IOTA has an excellent technology call "the tangle". In this unique mordel, the tangle is a technology that eliminated the sequentially linked blocks that make up the blockchain and instead uses a verification method called the Directed Acyclic graph (DAG). I think IOTA is very safe.
Title: Re: Is IOTA Safe and Secure?
Post by: Stuart on April 24, 2019, 02:57:43 AM
I think IOTA is secured, with a the reasons I have. Blockchain transaction blocks are been piled up as more and more transactions are made, but that of IOTA is faster with no transaction fee, which means if there could be a break in the block, then a hack is possible in the blockchain technology, and this has been dealt with by the IOTA Tangle. The scalability of IOTA is also a fascinating one, the more transactions made the more secure it becomes. I think its technology will handle the security loops in the crypto system.
Title: Re: Is IOTA Safe and Secure?
Post by: Eben on July 14, 2019, 10:00:18 AM
I believe the safety and security of iota lies in its uniqueness. It is the only crypto around which does not utilise blockchain technology. Instead, it uses another type of network, called a Tangle. According to IOTA’s website, the benefits of using Tangle include: a lack of fees, speedy transactions, secure data transfer and transactions can be conducted on infinite scales. Other aspects include pay-on-demand and micropayment abilities. IOTA was created to be “the backbone of the internet of things”, and fully supports secure machine-to-machine (m2m) communication. This makes miota unique and different from other coins even though there are some flaws.
Title: Is IOTA Safe and Secure
Post by: AvesLAher on September 03, 2019, 11:45:04 AM
Hello

I have an Oplay R1 PAL and will upgrade my bootcode from 17 to 23 , with the image in the first post,but I get the message this image is not for this board.

What Im doing wrong ?
Title: Is IOTA Safe and Secure
Post by: MariaNug on October 25, 2019, 04:31:02 PM
Hi, this is a nice topic about guns because this will help ensure the safety of the kids or the youth who have been innocent in handling this matter. Whether, we like it or not, parents are really responsible for the safety they should initiate for their children especially if risk is at stake. I think, it should be a part of the conversation within the family that guns are dangerous and it should teach kids about being safe and secure. I think, they should be aware of the consequences and risks it may brought to ones life if it is misuse. However, For me, I think everyone must be educated about Guns.
Title: Re: Is IOTA Safe and Secure?
Post by: dekafee79 on June 24, 2020, 10:55:37 AM
Quote from: Munareal on December 19, 2018, 10:43:34 AM
All cryptocurrencies at are at similar risk attack. Hackers are trying hard perpetrate their nefarious acts and developers are working hard to see that their security cannot be bridged. IOTA is safe enough as no serious hacking has been carried out though it has its on flaws

I think IOTA is safe and secure.  It depends  what wallet do. you choose.  I prefer use myetherwallet ,  I think It is more safe and usable to do trading.  You can try  use MEW for safe your IOTA.  Lets try mate.
Title: Re: Is IOTA Safe and Secure?
Post by: syedrasool2011 on August 03, 2020, 02:01:12 PM
First glance it seems pretty wank, but looking into it a little deeper, it makes sense. A stable coin solution with economic benefits and a considerable transaction performance bump. I'm interested enough to try and find out more, it seems like it has advantages over Hashgraph, Holochain or Blockchain, but could be vaporware like IOTA. Nice one.
Title: Re: Is IOTA Safe and Secure?
Post by: syedrasool2011 on August 10, 2020, 11:30:10 AM
iota is secure coin to buy iota will touch ezy 10$ if btc touch 20$.
Title: Re: Is IOTA Safe and Secure?
Post by: therozaq on August 20, 2020, 01:17:12 PM
Quote from: Munareal on December 19, 2018, 10:43:34 AM
All cryptocurrencies at are at similar risk attack. Hackers are trying hard perpetrate their nefarious acts and developers are working hard to see that their security cannot be bridged. IOTA is safe enough as no serious hacking has been carried out though it has its on flaws

Of course, IOTA is safe and secure. IOTA is also profitable to invest. I see IOTA is still high green now, The price is low, You should buy more now and hold it. You will get alot profit at the end of this year or January the next year.
Title: Re: Is IOTA Safe and Secure?
Post by: ranaprime on August 25, 2020, 05:30:57 PM
Every coins in the market more or less attracted by the hackers. Those who have good #DevelopmentTeam  with enough security they are secure but if found any less security then they are attracted by the hackers. Here IOTA use the tangle which is a technology that eliminated the sequentially linked blocks that make up the blockchain and instead uses a verification method called the Directed Acyclic graph (DAG). After all it can be said that IOTA is a good competitor in the coin market.   
Title: Re: Is IOTA Safe and Secure?
Post by: Rubel007 on August 26, 2020, 03:31:23 PM
Quote from: Munareal on December 19, 2018, 10:43:34 AM
All cryptocurrencies at are at similar risk attack. Hackers are trying hard perpetrate their nefarious acts and developers are working hard to see that their security cannot be bridged. IOTA is safe enough as no serious hacking has been carried out though it has its on flaws
All the hackers will try hard to hack popular and developed project or any thing what they want but the companies authorities safe enough their project  from scammer that is why the general traders think that their project will protected and safe. If any authorities can give the surety then people believe the project and the company is reputade and also safe for investment.  IOTA is one kind of safe and secure crypto currency.               
Title: Re: Is IOTA Safe and Secure?
Post by: sky20 on September 03, 2020, 06:35:00 AM
Yes as far i know that IOTA is more secure then others. IOTA token is a unit of value in the IOTA network. IOTA tokens are stored in IOTA wallets protected by an 81-character seed, similar to a password.To access and spend the tokens, IOTA provides a cryptocurrency wallet. A hardware wallet can be used to keep credentials offline while facilitating transactions.
Title: Re: Is IOTA Safe and Secure?
Post by: mahadev on September 13, 2020, 05:01:37 AM
Quote from: Munareal on December 19, 2018, 10:43:34 AM
All cryptocurrencies at are at similar risk attack. Hackers are trying hard perpetrate their nefarious acts and developers are working hard to see that their security cannot be bridged. IOTA is safe enough as no serious hacking has been carried out though it has its on flaws

IOTA is number 27 now. I see this coin is still green and I believe IOTA will have great future and more valuable. So, investing in IOTA is safe , secure and profitable.
Title: Re: Is IOTA Safe and Secure?
Post by: Msweet on September 24, 2020, 02:39:29 AM
IOTA has been criticized due to its unusual design, of which it is unclear whether it will work in practice. The network currently achieves consensus through a coordinator node, operated by the IOTA foundation. As the coordinator is a single point of failure, the network is currently centralized. IOTA has been the subject of multiple phishing, scamming, and hacking attempts, which resulted in the thefts of user tokens and extended periods of downtime.
Title: Re: Is IOTA Safe and Secure?
Post by: Hisbullah on November 11, 2020, 04:33:03 PM
Quote from: Munareal on December 19, 2018, 10:43:34 AM
All cryptocurrencies at are at similar risk attack. Hackers are trying hard perpetrate their nefarious acts and developers are working hard to see that their security cannot be bridged. IOTA is safe enough as no serious hacking has been carried out though it has its on flaws

Of course, IOTA is safe and secure for Investment. Don't worry bro. IOTA rank is #28 today, I think It is very potential and profitable coin for long term investment. I also read hacker cannot to break their security. Keep calm
Title: Re: Is IOTA Safe and Secure?
Post by: vaysar on November 14, 2020, 06:53:43 AM
IOTA is reliable and secure, and although there are sometimes minor issues, the team fixes them quickly. Yesterday there was a network shutdown, as the IOTA coordinator stopped creating checkpoints on the Tangle blockchain, but the problem was quickly eliminated and this did not affect the MIOTA altcoin rate, which added 2.5% yesterday. All networks periodically have technical problems, the main thing is that the team is able to quickly fix them.
Title: Re: Is IOTA Safe and Secure?
Post by: Oxumare on November 15, 2020, 01:52:04 PM
Quote from: vaysar on November 14, 2020, 06:53:43 AM
IOTA is reliable and secure, and although there are sometimes minor issues, the team fixes them quickly. Yesterday there was a network shutdown, as the IOTA coordinator stopped creating checkpoints on the Tangle blockchain, but the problem was quickly eliminated and this did not affect the MIOTA altcoin rate, which added 2.5% yesterday. All networks periodically have technical problems, the main thing is that the team is able to quickly fix them.
The IOTA team solved the problem after a break of about 17 hours. It seems that the IOTA network had a daTrinity attack in February. The milestones in the IOTA main network could not be confirmed.I think IOTA 2.0 will be released soon to solve these troubles....
Title: Re: Is IOTA Safe and Secure?
Post by: hair on November 19, 2020, 12:45:43 PM
Quote from: Oxumare on November 15, 2020, 01:52:04 PM
The IOTA team solved the problem after a break of about 17 hours. It seems that the IOTA network had a daTrinity attack in February. The milestones in the IOTA main network could not be confirmed.I think IOTA 2.0 will be released soon to solve these troubles....
I don't know this problem, because I don't follow the latest information about IOTA, will there be IOTA version 2.0 release?
Title: Re: Is IOTA Safe and Secure?
Post by: vaysar on November 26, 2020, 01:12:28 PM
Quote from: Oxumare on November 15, 2020, 01:52:04 PM
Quote from: vaysar on November 14, 2020, 06:53:43 AM
IOTA is reliable and secure, and although there are sometimes minor issues, the team fixes them quickly. Yesterday there was a network shutdown, as the IOTA coordinator stopped creating checkpoints on the Tangle blockchain, but the problem was quickly eliminated and this did not affect the MIOTA altcoin rate, which added 2.5% yesterday. All networks periodically have technical problems, the main thing is that the team is able to quickly fix them.
The IOTA team solved the problem after a break of about 17 hours. It seems that the IOTA network had a daTrinity attack in February. The milestones in the IOTA main network could not be confirmed.I think IOTA 2.0 will be released soon to solve these troubles....
The IOTA team is committed to making blockchain the industry standard for the Internet of Things prior to the launch of IOTA 2.0, a fully decentralized network that operates without a coordinator. We are waiting for the Object Management Group to make this breakthrough.