One of the many goals when crypto currency (CC) was invented was to establish a secure digital transaction system. The technology used was Blockchain, and it still is. Blockchain systems were designed to be impervious to the problems often encountered with online financial systems using older technology, problems like account hacking, forged payment authentications, and website phishing scams.

Blockchain itself runs on peer-to-peer global record-keeping networks (distributed ledgers) that are secure, cheap, and reliable. Transaction records from around the world are stored on blockchain networks, and because these records span the entire user community, the data is inherently resistant to modification. No data can be modified without the alteration of all the other blocks in the network, which would require the collusion of the majority of the entire network, millions of watchdogs. PURPOSE: What if a website appears to provide you with a gateway to a legitimate cryptocurrency exchange or crypto wallet product, but is actually a website designed to trick you into disclosing information? You don’t have Blockchain security at all, you just have another phishing scam and you need to protect yourself from all of this.

MetaCert is a company that says it is dedicated to keeping Internet users safe, and their main security product can be used to protect businesses from a variety of malicious threats, and now they have a product designed to keep enthusiasts safe. of CC. This new product is called “Cryptonite” and it is designed to be installed as a browser add-on. Today’s browsers are based on SSL certificates that show users a small lock 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; Phishing sites also use SSL certificates, so users can be tricked into thinking that a website is legitimate when it is not. Once added to your web browser, Cryptonite will display a shield next to the address bar. This shield will change from black to green if a website is considered “safe.” 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 a good thing, 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. Many promote quality control as one of the greatest technological revolutions of the modern age. Harnessing the power of quantum mechanics, quality control machines will be able to take on much more complex tasks and reach speeds that were previously unattainable. Traditional computers are based on a binary model, using a system of switches that can be on or off, represented by a 1 or a 0. Quality controls are different in that their switches can be in the on and off positions when Same time. , which are called “overlays.” This ability to be in two simultaneous states is what makes quality checks much faster. Google announced more than two years ago that their quantum prototype was 100 million times faster than any other computer in their lab. The development of this technology is progressing at an ever faster rate. The first commercialized quantum computer was produced in 2011 by the California-based company D-Wave. The D-Wave machine was equipped with a processor that contained 16 quantum computing units, called QUBITS. Since then, industry leaders like 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 handle over the next few years. While quantum computing has the potential for significant advancements in many spheres, and to provide innovative solutions to some of the most complex problems, it will surely generate the need for enhanced security, as these machines will also have the power to help hackers. computer scientists with their cowards. wanderings. Protection and security will always be necessary in the crypto currency space, as with every other space online.

Stay tuned!