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50916574 No.50916574 [Reply] [Original]

Does blockchain have an impact on security as they claim

>> No.50916610

QRDO solves this

>> No.50916623

>>50916574
Have you looked around recently, or are you too busy being a retard?

>> No.50916654

>>50916574
CODE IS LAW. If they did not code properly, and someone found and used an expolit, only they are to blame for their mistake. Stupid nigger. Blockchain is simply the recording of data that once inputted it cannot ever be removed. All scars will show. For security, simply keep your coins in an offline wallet that does not send any coins out, only in. XRPL wallets set to that standard are quantum resistant as a result.

>> No.50916683

>>50916574
Hackers are innovating fast. I think i need the code

>> No.50916736

>>50916654
>XRPL wallets set to that standard are quantum resistant as a result.
Ranjeet

>> No.50916740

>>50916654
NO no nooooo

>> No.50916935

>>50916574
Humans are dumb. They fall for ruses. Blockchains are innocent. Blame the humans

>> No.50916956
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50916956

>>50916935
This is where Blockchains implementing proof of honesty come in. Each node validation is independent and different. So it's almost impossible to implement a 51% hack. It would require a supercomputer of powerful processing dimensions

>> No.50916972

>>50916683
You don't need no code. All you need is a Blockchain that is flexible enough and with a BFT high enough to withstand 51% hacks and your assets are safe. Even dumb humans with their errors can't touch it

>> No.50916981

>>50916574
in 90pct of cases its not a real technical hack but just some dumbfuck not securing the sensitive data to centralized systems.

>> No.50917013

>>50916981
Dumbass

>> No.50917056

>>50916935
But blockchains are challenging to grow because of their redundant nature.

>> No.50917085
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50917085

>>50916956
POH appears to be a novel idea. Why do you think this will succeed even ETH is moving to POS?

>> No.50917110

>>50917085
I think the framework strengthens and supports security. Hacks seem impossible. No privacy blockchain has experience

>> No.50917123

>>50917110
I'm still studying it also. But If you care about privacy, welcome to the hub

>> No.50917127

>>50917056
Blockchains? Redundant? What are you on about anon? Blockchains haven't even reached their final form yet. Redundant! Pfft!

>> No.50917206

>>50917085
You may need to take a study of it. PoS is being manipulated by miners to get more tokens. Read the news anon

>> No.50917230

its not a big deal as people make it out to be
there are only really two issues
- inside jobs, at least 75% of all "hacks"
- poor code/security practices, everything else

in both cases its poor teams/developers not realizing they need to be treating their code and hiring as if they are a bank, not a tech company,

>> No.50917232
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50917232

>>50917206
Eth is fucked then if that's the case. Why move to that when it isn't reliable?

>> No.50917237

>>50916574
It fucking doesn't. Take a look at the hack cases in Defi. All the security models utilise are complete shit.

>> No.50917252

>>50917232
because proof of work is untenable for anything that isn't bitcoin long term. its winner-takes-all for hardware development, energy deals, etc.
ethereum was always never decentralized enough for proof of work to be necessary anyway, it was just necessary for the remainder of the coin distribution to try and dilute the premine before the switch.

>> No.50917268

>>50917252
>what is randomX

>> No.50917283

>>50917268
asic resistant algorithms aren't really relevant because they explicitly prevent any long-term facing developments, making miners very loosely or not at all attached to the fate of the underling project they're mining.

>> No.50917284

>>50917127
Ignore the pleb. He needs an education on multi-blockchains and how they function. It's not rocket science.

>> No.50917346

>>50917252
This explains a lot. Would be good for users to start looking at better blockchain opportunities. More are developing now.

>> No.50917348

>>50917232
That's not the case. Security patches can take care of that. But a new, more flexible node validation that makes miners redundant is needed.

>> No.50917361

>>50917284
These are the future of Blockchain imo. A time would come when all Blockchains would be hybrid and multichain

>> No.50917385

>>50917346
>better blockchain opportunities
the problem is those better opportunities only last a single bull market, and then get replaced by even "better" ones. in the high-tech alt world only ethereum's shown any decent longevity despite its shortcomings.

>> No.50917400

>>50917348
Will sharding take care of that tho? Perhaps eth needs an overhaul. In the meantime, the multichain architecture of Geeq got me thinking.

>> No.50917463

>>50917361
Are you living under the rock anon? It's already happening tho most are still vaporware. Time will tell.

>> No.50917466

>>50917110
You stupid racist dog wonho doesn't know that hacks is in the increase lately. I'm better off staking, because it gives me faith in my long-term holding.

>> No.50917487
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50917487

>>50917127
I assumed they were already up to something given how they were being hyped.

>> No.50917526
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50917526

>>50917206
POS gives you a clear picture of your business and help maintains track of cash flow. So tell me why should I research on POH anon

>> No.50917559

>>50917466
Staking only works if you're staking solid tokens. Ask those that staked memes.

>> No.50917581
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50917581

>>50917559
Glad I don't stake memes.

>> No.50917657

>>50917526
Solana uses that and is being exploited every other day. Get your facts straight.

>> No.50917660

>>50917463
Ethereum is not multichain anon. Does that mean ETH is a vaporware. Think, anon, think.

>> No.50917676

>>50917400
Let's see what happens after the merge is up to time to tell. When it happens, we'll revisit the topic of sharding.

>> No.50917726

>>50917660
Do you have the understanding of an infant? You can build dApps on eth, can't you? You should sit and study.

>> No.50917908

>>50917676
What will happen is dump anon. I know it. You know it. We all know it.

>> No.50917937

>>50917385
You are absolutely right. Ethereum will keep the lead in this aspect irrespective of which comes onboard, but on a secondthought, there will always be an improvement.

>> No.50917950
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50917950

>>50917526
Are you a baby? Why don't you research Proof of Honesty so you can understand this mechanism than asking another pajeet? Use your fucking brain idiot.

>> No.50917973

>>50917950
Plebs are ignorant and never learn. Don't waste your time anon. All info is at their fingertips. How difficult is that?

>> No.50917979

>>50917660
>Does that mean ETH is a vaporware.
It is never a vaporware. It remains the best chain in DeFi. Everyone else is just a copy cat.

>> No.50918270

>>50917973
There are just people who like spoon-feeding where infact the googleiseasy to access and catch information wtf. What is happening to the world? Brainless jeets.

>> No.50918276

>>50917950
Some junk in this buz are just too lazy and quick to draw conclusion.

>> No.50918307

>>50918270
They fail to understand that the space is making great strides and thriving. Soon we'll witness mass adoption and it is most likely to emerge from project focus on data management.

>> No.50918675

>>50918276
No wonder they get scammed on different defi platforms as they ignore the most important thing, which is security. Plebs will remain plebs.

>> No.50918834

>>50918307
>>50918675
People these days are arrogant. Help noobs and don't insult

>> No.50918894

>>50918834
Do most of the poor fag need help? I doubt if they do. They are the most negative folks.

>> No.50918953

>>50918675
If they understand the direction the world is going ( quantum computer), I believe they will recognize the importance of security and it cannot be overemphasized. This should be prioritized and some projects areon it with a derived consensus mechanism of 90% BFT.

>> No.50919025

>>50916683
Yes they are and I see most platforms working hard to tighten their security and crypto users adopting security tools for their wallets. This situation might just be what the space needed.

>> No.50919045

>>50916972
Its going to take a while to get here.

>> No.50919074

>>50916654
This. Smart contracts are just contracts and the network is a cold, hardass judge. If you sign a dumb old school contract then you're going to get fucked. Same deal with smart ones.

>> No.50919138

>>50917110
>No privacy blockchain has experience
Blockchain tech is still rather early, it can only get better. The privacy niche only needs more projects to come up for competitive upgrades, I can already see some modern techs from privacy platform like Railgun and we need more.

>> No.50919280

>>50917123
We should all care about privacy now, its a major factor in deciding the rate of adoption of crypto. Privacy is a right.

>> No.50919282

>>50919025
>most platforms working hard to tighten their security
If most projectscan put this into view, hacking cases won't be rampaging DeFi.

>> No.50919313

>>50917237
Its not just about the platforms kek, users needs to take responsibility too. Thhere are good security protocols out there like ORE ID that offers asset security and management.

>> No.50919391

>>50919280
>We should all care about privacy now, its a major factor in deciding the rate of adoption of crypto

This is the most stupid comment I've seen on this thread. How is it a major factor?

>> No.50919505

>>50917346
Blockchain tech is relatively new and its still growing. Access to multichains from a single point of access is still a major factor limiting the adoption and only few protocols are enabling such opportunities.

>> No.50919527

>>50917385
This shows growth, its normal.

>> No.50919619
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50919619

>>50918834
If you just research, you'll find what you're looking forsoon. Don't depend on the people in this group. Help yourself. You don't have a nanny.
>>50918953
You already have said it. I think everyone must be aware of that and it's always the priority and it shouldn't be ignored.

>> No.50919629

>>50918307
A handful of niches will be major contributors in the mass adoption of crypto including;
>Web3
>Asset management and security
>Crosschain interoperability
>NFT support

>> No.50919681

>>50918675
Depending solely on a platform's security is the most irresponsible decision to take, humans need to do better by exploring more security options for their assets including identity management and security protocols.

>> No.50919790

>>50919681
I just want moon . When x100000 all my assets

>> No.50919795

>>50919391
Anon might have gotten it wrong saying its a major factor but privacy protocols will contribute immensely to crypto adoption since most people seek financial privacy and tradFi isnt in anyway private, more people will eventually gravitate towards crypto but with a level of regulations to curb illegal acts.

>> No.50920223

>>50919790
I think geeq will take off once the product is out and businesses and organizations will start to embrace the data tech. Be patient moonboy.

>> No.50920358

>>50920223
Wether you like it or not, price pump matters to me.

>> No.50920563

>>50917123
I believe the best privacy hub in the space is Secret Network.

>> No.50920593

>>50919280
You are correct anon. It's only a matter of time before the whole space is fucked and then everyone will consider privacy.

>> No.50920764

>>50916574
The space is still very young and so we have a long way to go at this time.

Give it number of years and things will be better.

We also need more of privacy focused projects at this time. I endeavor to carry out my transactions in the secret network.

>> No.50920944
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50920944

>>50920358
The pump matters as always, but it's important to remember to be patient. I'd rather have an organic pump than faking it for no reason unless the product is widely publicized you dummy.

>> No.50921122

>>50920944
If it's a fake pump, then i will sell immediately

>> No.50921136

>>50920764
>Tornado cash monster

>> No.50921272

>>50919790
Summer 2050

>> No.50921530

>>50916574
Blockchain allows for data to be replicated at a high rate, with low chances of losing it. But it still all depends on this stupid fecking private key that is itself easy to lose. So no, blockchains aren't really adding that much to "security". More so adding to quality of data replication

>> No.50921966

>>50921136
Judging the entire privacy niche because a platform got banned isnt wise, privacy focused project are inevitably needed in the space for more security and freedom.

>> No.50922085

>>50921122
You're literally a monster, and you're clearly a moondog who wants to be a millionaire overnight. You need to trust the process before you achieve everything. Sweat it son

>> No.50922123

>>50921966
I got cake wallet and store my xmr. Fully private.

>> No.50922414

>>50922085
Sometimes we got rich without expecting
>>50918307
Wtf is this

>> No.50922804

>>50922414
That's called luck

>> No.50922858
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50922858

>>50918307
Well, I'd place more priority on asset and identity management as they are more likely to take center stage in the next bull cycle.

>> No.50922885

>>50922858
Just stop if it's not secure

>> No.50923590
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50923590

>>50922414
Can't you read that anon? It's all about the data management,and if they're able to deliver a better solution, every business and other companies will embrace their technology. It's pretty much secure, scalable, and inexpensive. No doubts about the success of this proposal.

>> No.50923901

>>50916574
Polkadot only

>> No.50924004

>>50923901
Only?

>> No.50924122

>>50924004
Avalanche

>> No.50924188
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50924188

>>50916574
You sad?

>> No.50924281

>>50924188
Ugly bitch

>> No.50924300

>>50916574
No security

>> No.50924374

>>50916574
You think someone can make it?

>> No.50926575
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50926575

>>50923901
Polkadot has a lot of innovations lined up and I'm anticipating Railgun's deployment to the blockchain so I can have full anonymity and privacy.

>> No.50927639

>>50922123
I got my RAIL in a comfy place too, it's privacy coin season. Wagmi

>> No.50927661

>>50922858
There are lots of protocols capable of taking the center stage, web3 and NFT support protocols are string contenders.

>> No.50927695

>>50920764
XMR
RAIL
AZTEC
PANTHER
MANTA
There quite a number of privacy protocols already.

>> No.50927733

>>50919629
You've been paying attention to the space anon, projects offering a seamless way to access web3 by linking web2 accounts to web3 these projects are the next 100x in terms of price action.

>> No.50928021

>>50919025
You're right anon. Platforms that focus on asset security would go a long way in putting an end to the hacks in the crypto ecosystem.

>> No.50928069

>>50924300
There's obviously a gap created by the absence of security in defi and any platform working to remedy this would thrive.

>> No.50928142
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50928142

>>50916574
Seems like you are still leaving under the rocks, blockchain-based privacy projects like Secret network are providing max security to its users but plebs choose to go for shit protocols and get hacked in the process.

>> No.50928187

>>50919138
The upcoming upgrade on Secret network will shape things up for sure. The speed and scalability will be insane. Sit tight, I can feel a lot of upgrades coming up.

>> No.50928788

>>50916574
I guess the rates of hacks are out of hand cause people don't take asset security seriously. Its a big relief that we have platforms that can properly manage users assets and deliver security. They have already gained adoption from the wise bizfags in the space.

>> No.50929406 [DELETED] 

>>50922885
What is secure for me is using privacy solutions on my transactions and assets to keep hackers and scammers clueless.

>> No.50929605

>>50924300
Security for me is using privacy solutions on my assets and transactions to keep hackers and scammers clueless.

>> No.50930460

Its the reason you should buy NCT

>> No.50930565

>>50916574
Hackers have seen this as daily bread, I mean SOL wallets were Just hacked recent, who is next
The worse is coming, if care is not taken as quantum computer threat might destroy crypto, surprisingly the big dicks in crypto like ETH and BTC are doing nothing yet.
>QANplatform is one of the few prepared for this threat

>> No.50931832

>>50928142
Kek, privacy platforms are still being slept on and it's no wonder users keep getting hacked. Railgun is my top protocol cause it gives me a shielded balance and privacy when interacting with defi.