One of the many goals in which cryptocurrency was first invented was to establish a secure digital transaction system. The technology used was Blockchain and still is. Blockchain systems were designed to be impervious to the problems often encountered with online financial systems that use previous technology: issues such as account piracy, forgery of payment authentications, and website fishing scams.
Blockchain works on global networks of peer-to-peer record keeping (distributed books) that are secure, economical, and reliable. Transaction logs from around the world are stored on blockchain networks, and because these logs are distributed to the entire user community, the data is inherently resistant to modification. No data can be altered without altering the rest of the blocks in the network, which would require the connivance of most of the entire network (millions of watch dogs). PER -: What if a website seems to provide you with a gateway to a legitimate cryptocurrency exchange product or cryptocurrency wallet, but is it really a website designed to trick you into divulging information? You don’t have Blockchain security at all – you just have another credential fishing scam and you need to protect yourself from all of that.
MetaCert is a company that claims to be dedicated to keeping Internet users safe and that its main security product can be used to protect companies from a number of malicious threats and they now have a product designed to protect enthusiasts. of CC. This new product is called “Cryptonite” and is designed to be installed as a browser add-on. Current browsers rely on SSL certificates that show users a small padlock in the browser’s address bar. Users have been told for years that SSL certificates assure you that a website is authentic (not so fast): Fishing sites also use SSL certificates, so you can fool users into thinking that a website is legitimate when it is not. Once added to the web browser, Cryptonite will display a shield next to the address bar. This shield will go from black to green if a website is considered “secure”. MetaCert says they have the world’s most advanced threat intelligence system with the world’s largest ranked URL databases for security.
Staying safe is always good, but more security products may be needed in the future as technology advances, at an ever-increasing rate. On the horizon is Quantum Computing (QC), which shows great promise. Quality control is considered by many to be one of the greatest technological revolutions of the modern era. Harnessing the power of quantum mechanics, quality control machines will be able to take on much more complex tasks and achieve speeds unattainable so far. Traditional computers are based on a binary model, which uses a system of switches that can be turned on or off, represented by a 1 or a 0. The quality controls are different because their switches can be both in the on position. on as off at the same time. , which are called “overlays”. This ability to be in two simultaneous states is what makes quality controls much faster. Google announced more than two years ago that the quantum prototype it owned was 100 million times faster than any other computer in its lab. The development of this technology is advancing at an ever faster pace. The first quantum computer marketed was produced in 2011 by Californian company D-Wave. The D-Wave machine was equipped with a processor that contained 16 units of quantum computing, called QUBITS. Since then, industry leaders such as IBM and Microsoft have announced their own quantum programs. This trend will lead to an exponential increase in the number of QUBITS that these new machines can manage over the next few years. While quantum computing has the potential to make significant strides in many areas and provide innovative solutions to some of the most complex problems, it is sure to generate a need for improved security, as these machines will also have the power to help hackers. computer facts. Protection and security will always be needed in the cryptocurrency space, as with other online spaces.