Security Concerns Force Developers To Retire Bitcoin Alert System
Right now, the key is at risk of falling into the wrong hands. If that were to happen, malicious individuals could disrupt the entire Bitcoin network. Many different features make the Bitcoin ecosystem attractive to people all over the world. One of those “tools” is the alert system, which shows warnings and informational messages to all users. Unfortunately, this feature will be retired soon, allegedly over security concerns. One of Satoshi Nakamoto’s original developments will cease to exist, which is a shame. The Bitcoin Alert system has been around for as long as the cryptocurrency....
Related News
Finance blogger The FI Explorer didnt invest in cryptocurrency in order to retire early but unlike many of the newly minted crypto rich, he did set out to retire early. The FI Explorer, also known as Jason, is part of the FIRE community financial independence, retire early where adherents save up to 80% of their income throughout their 20s and 30s in order to either retire early or simply follow their passions.For most of his 20-year journey toward his FIRE target of $1.64 million (USD) which was chosen to produce $65,000 in annual income for the rest of his life Jason directed his savings....
Bitcoin has surpassed the value of gold for the first time. In parallel, Bitcoin’s deflationary properties are becoming more relevant as the specter of inflation starts lurking again in the U.S. and the Euro area. As a result, for many, the thought of investing their retirement savings in bitcoins is starting to gain traction. Planning to Retire on....
The AvengerDAO was developed in association with some of the leading blockchain security analy firms and top DeFi projects in the crypto ecosystem. BNB Chain, the native blockchain of Binance, has launched AvengerDAO, a new community-driven security initiative to help protect users against scams, malicious actors and possible exploits.The security-centric decentralized autonomous organization (DAO) has been developed in association with leading security firms and popular crypto projects such as Certik, TrustWallet, PancakeSwap and Opera, to name a few. The AvengerDAO security initiative....
Elías Snær Einarsson and Matthew Roberts, two coders who presently focus largely on cryptocurrency, have entered the security business with a splash, presenting a system called Timechain which aims to eliminate one of the biggest problems for exchanges: private keys having to exist in the same place as the funds being exchanged. Disclosure: the author is nothing of a cryptographer. Please make any corrections in the comments. Roberts is the inventor of Uptrenda, a "significantly more practical and secure" altcoin exchange system. Einarsson is the developer of RedArc, a Reddit archiving....
According to a study conducted by the US Department of Commerce, almost half of Americans are reluctant to shop online due to concerns over privacy and security. The study, conducted by the Department of Commerce’s National Telecommunications and Information Administration (NTIA), revealed that 45% of American households polled online reported limiting online activity because of security and privacy concerns. Fear of identity theft and government hearing unpopular opinions. According to the NTIA’s study, almost half of citizens were concerned about either transacting financially,....