Altcoins Talks - Cryptocurrency Forum
Further Discussions => Blockchain Technology => Topic started by: AltLogan on November 17, 2018, 04:21:20 PM
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I’am on the beginning of learning cyber security.
I have basic knowledge of blockchain. As I understand, it is impossible to hack and steal info as it has advanced keys. But recently I have looked through some forums and found some threads about hacked DEXs and assets leaking.
Do you think blockchain is 100% safe?
Please share your knowledge.
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We would appreciate if you could also share more info about the hacks and asset leaks.
The technology itself is safe. Some sick minds are just smart enough into fooling other people. Take etherdelta gor example.
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We would appreciate if you could also share more info about the hacks and asset leaks.
The technology itself is safe. Some sick minds are just smart enough into fooling other people. Take etherdelta gor example.
Well, I can' share friend's experience, but I have to know why there are some cases of assets leak.
I really worrying about that.
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I think that blockchain is impossible to crack, but if it is used on stock exchanges, then it is possible to crack it; there are a lot of such examples connected by exchanges, I just don’t understand how fraudsters do it ???
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I agree to some people who answered that blockchain is really secured but once the projects used it there's a lot of possibilities that some people can crack it from them.
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Nothing can be 100% safe. It's only in your ideal world. I'm sorry.
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every technology certainly has their advantages and also risks. if we can use it well then we will also get the benefits, but if not then we can get the risk. Blockchain technology is a sophisticated and safe technology, if we can use it well then it will be profitable.
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in my opinion the blockchain technology is very safe, because, to be able to break into this technology, hackers must break into many validated servers. Because, the blockchain system uses a distributed (decentralized) server system. Not using a centralized server system as applied to the data center (data center).
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I agree to some people who answered that blockchain is really secured but once the projects used it there's a lot of possibilities that some people can crack it from them.
Let's imagine, if someone possible to create blockchain, there are some hackers who can crack it.
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Even a blockchain will not help you to protect your data or money if any hacker will want to hack you, each defense has its own security holes and an experienced hacker can always find them.
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every technology certainly has their advantages and also risks. if we can use it well then we will also get the benefits, but if not then we can get the risk. Blockchain technology is a sophisticated and safe technology, if we can use it well then it will be profitable.
How can I use it well?
Any recommendations?
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I’am on the beginning of learning cyber security.
I have basic knowledge of blockchain. As I understand, it is impossible to hack and steal info as it has advanced keys. But recently I have looked through some forums and found some threads about hacked DEXs and assets leaking.
Do you think blockchain is 100% safe?
Please share your knowledge.
Blockchain is safe if it's popular among people. Almost impossible to do 51% attack to change information in blockchain if this blockchain popular and installed on lots of computers.
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decentralization has a higher level of security than centralization or server side, but absolute security on the network is not possible so we must be careful about crypto usage that we have
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blockchain technology is safe, the problem is when this tech is used with other things like in decentralized exchanges with usage of DNS for example (this was an exploit used by hackers to steal money from etherdelta dex exchanges months ago).
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in my opinion the blockchain technology is very safe, because, to be able to break into this technology, hackers must break into many validated servers. Because, the blockchain system uses a distributed (decentralized) server system. Not using a centralized server system as applied to the data center (data center).
you think hackers are not able to break many validated servers?
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Block chain itself is 100% safe. But centralized exchange owners might be thieves if you are unlucky. So, pay attention to more advanced DEXs
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Nothing is safe in crypto world.
So consider yourself lucky to use all semi-secure services.
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Don't think so. Blockchain is one of the safest technology right now. Maybe your "information" is just a result of someone's black advertisement?
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Even a blockchain will not help you to protect your data or money if any hacker will want to hack you, each defense has its own security holes and an experienced hacker can always find them.
Well, then I don't know how to make a deal with crypto at all.
I really worry about security.
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If Blockchain is really safe, I don't think so. Because this technology still has many shortcomings that must be corrected. But I like this digital currency technology because it has given me a profit.
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If Blockchain is really safe, I don't think so. Because this technology still has many shortcomings that must be corrected. But I like this digital currency technology because it has given me a profit.
Blockchain is only vulnerable for 51% attack, it's almost impossible to do
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I also study network security and this is useful until I know crypto, where blockchain is specifically designed for anti-hacking because they need proof of each block to be said to be valid. but hacking on the exchange, especially centralization is utilizing the API key loopholes so that hackers are able to access user funds on the exchange server, so also in DEX with DNS techniques they are reportedly also able to provide losses to users, so my conclusion is that there is no 100% safe on computer networks
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Bitcoin uses SHA-2 instead of SHA-1, which has never been broken in practice (you should know whta i mean, if you study). Blockchains themselves are not the problem, it’s the applications that runs on them. Much of that is just regular software when it clearly shouldn’t be treated as such.
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not completely safe. many hacking cases this year. You must be careful every time you visit an unknown site. I found someone who was hacked.
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I’am on the beginning of learning cyber security.
I have basic knowledge of blockchain. As I understand, it is impossible to hack and steal info as it has advanced keys. But recently I have looked through some forums and found some threads about hacked DEXs and assets leaking.
Do you think blockchain is 100% safe?
Please share your knowledge.
Nothing in this world will be 100% safe even bitcoin which is a technology related. Maybe it can be 99% which is a good figure to being safe but as time goes on technology stuffs need to keep upgrading itself if not the hackers will always find ways to bypass this loophole to hack or steal.
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I’am on the beginning of learning cyber security.
I have basic knowledge of blockchain. As I understand, it is impossible to hack and steal info as it has advanced keys. But recently I have looked through some forums and found some threads about hacked DEXs and assets leaking.
Do you think blockchain is 100% safe?
Please share your knowledge.
Blockchain is safe if it's popular among people. Almost impossible to do 51% attack to change information in blockchain if this blockchain popular and installed on lots of computers.
Well, other possible 49% scares me.
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If Blockchain is really safe, I don't think so. Because this technology still has many shortcomings that must be corrected. But I like this digital currency technology because it has given me a profit.
Blockchain is only vulnerable for 51% attack, it's almost impossible to do
It's quite a lot though.. When blockchain appeared many consider it to be like totally secured, but it is not.
It's just another structure and it doesn't mean it can't be hacked. But on the whole it's more secured than many other things.
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Blockchain technology is safe and almost unhackable BUT hackers are smart and will use every strategy to steal data, for example hacking DNS of a DEX exchanges like what happened to etherdelta 1 year ago.
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'Two Iranians who reportedly helped exchange Bitcoin ransom payments into Iranian rial on behalf of Iranian malicious cyber actors were caught as their Bitcoin addresses were identified by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC). This serves as an important reminder that Bitcoin is not anonymous, but pseudonymous, and that this can be used to track transactions.'
According to the latest news it seems that Bitcoin sender and receiver can be tracked.
So it's hackable and not anonymous.
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Block chain itself is 100% safe. But centralized exchange owners might be thieves if you are unlucky. So, pay attention to more advanced DEXs
You consider DEXs is like the most trustworthy?
why? because it's more popular?
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Blockchain technology is safe and almost unhackable BUT hackers are smart and will use every strategy to steal data, for example hacking DNS of a DEX exchanges like what happened to etherdelta 1 year ago.
One of the reasons why cryptocurrencies are becoming more popular is because of blockchain technology.Constant improvement of security is on first place.
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Nothing is safe in crypto world.
So consider yourself lucky to use all semi-secure services.
Which more riliable and secured services can you recommend?
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As I understand, it is impossible to hack and steal info as it has advanced keys. But recently I have looked through some forums and found some threads about hacked DEXs and assets leaking.
Do you think blockchain is 100% safe?
Please share your knowledge
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Little do I understand, blockchain technology is basically very safe. If there is a DEX that has been successfully hacked, in my opinion, it is because there is human intervention in their system. Or in other words, their system is not really decentralized. So there is still a gap for someone to do hacking
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Insecurity as well as safety differs, depending on the project in question. After all, everything can be hacked.
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if in my personal opinion that Blockchain technology is 100% very safe, and I don't think so far there have been no complaints in myself about the Blockchain.
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Everything is hackable.
So try to use reputable services based on blockchain.
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The blockchain is a secured and temper proof structure that is hard to hack into. Data are stored using sophisticated math and innovative software rules that are extremely difficult for attackers to manipulate. Hackers can only hack into wallets to steal
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Don't think so. Blockchain is one of the safest technology right now. Maybe your "information" is just a result of someone's black advertisement?
How do you think it's possible?
I really looking for blockchain security as this technology must have that level of safety.
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Blockchain technology is safe and almost unhackable BUT hackers are smart and will use every strategy to steal data, for example hacking DNS of a DEX exchanges like what happened to etherdelta 1 year ago.
I think that is too hard to hack blockchain, and they just dont want to waste time for random users. So if they have information about a goldfish they may strain a bit
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If Blockchain is really safe, I don't think so. Because this technology still has many shortcomings that must be corrected. But I like this digital currency technology because it has given me a profit.
Which coins you got a profit?
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The blockchain is a secured and temper proof structure that is hard to hack into. Data are stored using sophisticated math and innovative software rules that are extremely difficult for attackers to manipulate. Hackers can only hack into wallets to steal
If so, why blockchain technology is still can't be accepted by world on the level of the most secured technology ever?
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I also study network security and this is useful until I know crypto, where blockchain is specifically designed for anti-hacking because they need proof of each block to be said to be valid. but hacking on the exchange, especially centralization is utilizing the API key loopholes so that hackers are able to access user funds on the exchange server, so also in DEX with DNS techniques they are reportedly also able to provide losses to users, so my conclusion is that there is no 100% safe on computer networks
Agree with you.
There is no security in network and it can hardly be created as 100% safe unfortunately.
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While residential and industrial buildings also play a substantial role, commercial real estate is governed by more rational and quantitative decision-making. Buildings are durable assets that have decades of useful lifespan. That means when they are constructed, developers choose materials and energy controls; and those choices can lock in the building’s greenhouse gas emissions footprint.
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not completely safe. many hacking cases this year. You must be careful every time you visit an unknown site. I found someone who was hacked.
So then how can I define of the website secured or not? How you do so?
Do you think hack cases will be increased this year?