/biz/ - Business & Finance

>>54710601
>Crypto security is a myth - do you agree?" or "Are we doomed to see more crypto hacks in the future?
>I know that security is a top priority for many crypto companies, but it seems like the hacks keep happening. Are there any solutions that can truly make the space safer and more reliable? What can we do to prevent these kinds of attacks from happening in the future?

>>54710601
>the space

>>54710601
Normalize custodians for retarded normies, with harsh legal consequences for bad actors. Allow people that consider themselves to be "crypto experts" to manage all their own shit though and if they fuck up that's 100% on them.
/thread

>>54710601
Crypto is not real faggot. These hacks are just tip of the iceberg, quantum hacks will be more devastating

now filter out hacks on centralized exchanges and bridges and social hacks and etc etc and how many actual hacks of an actual heckin blockchain?

>>54710877
They are still part and parcel of crypto. It shouldn't be filtered out

This is a pajeet thread

>>54710868
Post quantum cryptography projects are already prepared for this. You must be from outta space cunt

>>54710973
the old web2 tech tacked on to onboard normies will be replaced with more secure web3 tech, like decentralized exchanges, which normies will adopt to eventually. and most hacks only highlight the need to hasten that transition.

>>54710985
They haven't even settled on a safe quantum encryption yet. Any project that claims they're quantum proof is lying.

>>54711009
NIST already made recommendations concerning that

>>54711009
Nonsense then do you think AlpineEsports is a fool to partner with a quantum proof L1.. kek you are just a ignorant moron.

>>54711126
Yep that's right but the best pqc is the CRYSTALS-Dilithium signature algorithm.

>>54710601
Just invest in HAPI as it focuses on cyber security.

>>54711276
It's not bad but I prefer a quantum resistant blockchain which ensures security and offers various solutions.

>>54710601
smart contact security is flawed
we're doomed to see more defi hacks

>>54711312
To solve this QVM was innovated where devs can build smart contracts in any language on a quantum resistant blockchain.

>>54711191
And there is Hacken in the picture too. Motherfuckers trying to be relevant but they are all dump shits fag

>>54710985
Qanplatform and Cellframe are already prepared for this eventuality

>>54710601
Bro, crypto security is totally overrated. I mean, sure there have been some high-profile hacks, but that's just the nature of the game. It's all about taking calculated risks, am I right? And honestly, who needs security when you can make sick gains? As for future hacks, yeah they're probably gonna happen, but that's just part of the thrill. Embrace the chaos, my friend

>>54711312
Smart contract security may have vulnerabilities, however, I don't think we're doomed to see more DeFi hacks. Improvements in code and user caution can help prevent them, and attention to security is increasing.

>>54711345
This will make all Devs to be able to deploy dapps using any language that they are conversant with

>>54711312
That's where auditing smart contracts comes in. Qan used Hacken and Omniscia auditing firms do theirs

>>54711276
Which of the NIST recommended post quantum algorithm for digital signatures it using ?

>>54711697
Plus they will get life time royalties which is an awesome incentive for them to get motivated and work on it.

>>54710601
most crypto companies are just a bunch of stupid fags with get rich fast mentality, they want you (a retarded fucking nigger midwit) to think that their top priority is security, but they either don't see themselves doing this shit longterm and/or feeding themselves with hyperdelusional dreams of 15 minute cities and cryptoworld in metaverse to cope with the fact they have nothing actually meaningful and working to offer.
that's kinda funny because crypto started as a campaign to completely eliminate trust from finances, and yet you have to TRUST these cocaine-addicted VCocksucking cucks with YOUR money.
lol
lmao even

>>54710868
I feel you, bro. The crypto industry is definitely vulnerable to hacks and cyber attacks, and quantum hacks could be a real worry. But let's not panic just yet, quantum computers aren't that advanced, so we've got some time to beef up our security measures.

>>54711749
I agree to disagree not all platforms do the same last year because of a bridge hack I lost my funds many said it's a rugpull but this year they relaunched the tokens and partnered with AlpineEsports and I made 2x then. Holding strong and accumulating.
Wagmi no doubts there.

>>54711697
>>54711740
That sounds like a really cool incentive for devs to work on deploying dapps. Allowing them to use any language they're familiar with will likely make the process much more accessible and user-friendly. And the lifetime royalties offer an awesome reward for their hard work and dedication

>>54710601
ZKPs are changing the narrative, with more crypto platforms integrating the tech to achieve a level of privacy we might see some change.

>>54710877
If we dont accept that these issues are part of the system them we wont be solving them anytime soon. The surge in demand for Privacy, quantum cryptography and other security measures shows these issues exist and are serious too.

>>54711749
That's why doing proper diligence is important. A based team and a working product are some of the things I consider when checking out for projects to invest in.

>>54711009
>Any project that claims they're quantum proof is lying.
The upcoming QAN blockchain mainnet will silence some shirtless homo schizo like you. Position yourself now or have fun chasing the pump.

exceptionally brown-stained shitcoin shilling in this thread
any alt related to post-quantum crypto doesn't need to exist and is simply worthless. any blockchain can overcome QC risk with trivial changes. bitcoin is already immune when used correctly.

>>54710601
They should create unhackable systems

>>54711885
That's a big upgrade for sure but a blockchain build on PQC is even more safe and secure. Just my opinion.

>>54712521
Quantum resistant blockchain will make sure of it. Hackers will have to shit their pants to break it.

>>54710601
Provided my bags keep pumping, I'm all into crypto. Anyone not accumulating ETH, RNDR, VRA, VELO, MATIC, and QANX probably has no plans of making it in this space. The security thread is there but life itself is a risk, so why stop taking those risks in crypto?

>>54710601
I don't even know what to fear anymore because of the greater quantum computer threat coming

>>54712368
I don't agree with you on this, while blockchain changes can help mitigate quantum computing threats, dismissing the importance of post-quantum cryptography is shortsighted. We need to keep our options open to stay ahead and who knows, post-quantum altcoins could be the next big thing.

>>54711516
Fuck Cellframe, QAN, or nothing

>>54710877
Do you mean it, insider leak

>>54712902
I never believed this shit until I saw US white house start preparing against it last week, most blockchains that are not prepared will be fucked really bad

>>54710601
Send me your seed phrase to keep it safe

>>54710609
>>54710618
op confirmed correct and I didn't even read anything past 'do you agree?'

>>54713349
US and China are sneaky bastards, of course, Imagine if any one of them gets hold of QC, capable of hacking the crypto elliptic curve then we are fucked

>>54710601
No need to panic, Self custody protocol is a top notch

>>54712894
Good one channer, getting secured from a Quantum attack is juicy like an Asian titties. AspinEsport is already taking advantage of the quantum blockchain.

>>54711735
Wtf you saying, I only know Crystal Dilithium, and that's been used by QAN even way before NIST announced it

>>54710601
BTC is secured, what else are you looking for

>>54713436
No way fucktard, Keeping full custody of all my assets on OREID is comfy.

>>54710868
Such a midwit take. Quantum computing means the beginning of total tyranny. Launch codes for nukes is the target.

>>54713003
100% true. With the POR consensus we are under safe hands from future stinky smelly cunt quantum attacks.

>>54712368
And in your mind you believe you are wiser than Vitalik and Satoshi with this BS you wrote uh, even last year Vitalik mentioned this and he acknowledge the potential thread since 99.9% of blockchains are built on crypto elliptic curve which QC with the right qubit will break wallets easily, what do you have to say about that

>>54710601
Effortlesly create a decentralized e-commerce with Dshop and earn competitive yield with origin dollar OUSD. Good reason to bank on OGN.

>>54712788
CRYSTALS-Dilithium isn't a child's play, not just for dirty bitches. The new era security threat is every mfs concern and quantum resistant is on top of it.

>>54714307
satoshi isn't here to ask, and vitalik was trying to sell people on quantum computing miners a decade ago.

ecc's vulnerability is only exposed for some short multiple of the block time when you use bitcoin correctly. when we get to that point, new algorithms will already be deployed on bitcoin and ethereum. until then, on bitcoin at least, there's a solution.

ethereum does not have an easy time, which is likely why vitalik is scared.

>>54711697
Only Developers can tell how to fuck strippers for free since JavaScript and C+++ building could be fast, secure, scalable and secured on quantum-resistant Blockchain.

>>54710877
DiD and Privacy narrative are already getting the jobs done.

>>54711345
Oh yeah. Because of QVM, getting rewarded when a developers code is reused by others is such a horny feeling and shitholes are really getting excited about it.

>>54710983
YLA is a flow generating structured investment product composed of five yearn stable coin vaults LP tokens, each LP token accumulates interest over time.

>>54710601
Alóki has been built out of a desire to reconnect people to nature, using incredible blockchain technology. The project wishes to address the meaningless wealth that characterises much of the blockchain world, by providing investors with a mission-driven, purposeful investment that makes a positive impact. Yet, we also want to provide those with limited financial opportunities the chance to earn too.

>>54714606
BTC isn't safe too, you are a maxi I get it but that doesn't make it any more secure from QC, eventually we will all migrate to QR blockchains to be safe from the threat, I don't know how long but it is near

>>54715099
i have more money in eth than i do btc, yet btc still has the correct model (utxo) for early qc protection something ethereum can't have due to the account/contract model.

nobody's moving blockchains, just algorithms.

>>54711740
I know the Jews don't want hear this but with 1600 transactions per sec and 5 minutes rapid cloud deployment, every motherfucking ass should be laid on this quantum resistant blockchain.

>>54715099
Everyone's gonna get rekt, while y'all are worried about security I'm getting my bags filled. 70% of my net worth is in #Crypto and I don't regret it because I have earned massively from CVP and also glad that I bought TORN and stake it in ppTORN vault with the benefit of earning more with zero gas fees.

>>54710601
HAPI for the cyber security aspects
CHEQD for the privacy security. This one has the added benefit of already having a beta out for their Verifiable IDs (https://creds.xyz/))
We're on the age of actually good projects rising up op, buckle up

>>54715209
tf is a verifable id

>>54715213
basically an online credential you can use to verify your data when you're using a service (KYC for example) that makes it so you don't actually have to give your data to the company and instead just show your ID. This would solve the issue of all companies knowing everything about you and selling your data, since they don't store it, they can't sell it.
Pretty fucking based

>>54715236
privacy is stored in the balls

>>54710868
No need to panic Ranjeet, switch to the Layer1 quantum resistant blockchain's main network and get your future and investments protected.

>>54715242
Privacy and DiD is a good deal, ain't sleeping on them.

>>54715160
Good luck anon, many anons crashed out of lack of wisdom, I don't see a reason why you guys still place this up for Debate, even BTC maxis knows it isn't QCR though QC strong enough to break isn't available yet but should we all wait till then before taking actions

>>54715059
No one does shit anymore, mining on mobile phones is now a good dick to suck. Developers are obsessed with a decentralised and high TPS platform.

>>54715236
Everyone needs self custody, especially for those with multiple wallets spread across multi-chains.

>>54714297
So dumb of a pajeet, fuck! Having QVM + Librescan + Mainnet is such a blessing. I'd add your mama's boobs on it to milk out more rewards of quantum resistant security.

>>54715315
>even BTC maxis knows it isn't QCR
one way hashes are
and a simple algorithm swap (bitcoin already supports two signature types today) lets people use post quantum crypto without having to expose themselves to any shitcoin trying to scam people with qc buzzwords.

>>54710601
No faggot, there's something called evolving, not with cryptos built for decentralized identities and assets.

>>54710868
Glad we've got crypto security for that and cryptos that connect web2 identities with web3.

>>54712894
Got some of those, add ORE to the mix.

>>54711885
Cryptos that prioritize decentralization of identities and assets are doing great as well.

>>54711000
ORE Protocol closely mirrors this.

>>54711276
Good, also cryptos that connect web2 IDs with web3 decentralization are great as well.

>>54710601
Zoomers should be aware that privacy and security go hand-in-hand. These concepts are forever needed in any financial system. That's why I believe key tech such as ZK privacy are leading the way.

>>54710868
I know of quantum-resistant blockchains, why hassle when there are cryptos built for decentralized IDs, assets, and rights?

>>54710601
ZK privacy cryptos look like the safest option at the moment.

>>54717458
All that DIDs won't do any damn good when security and privacy system is not in place. And it will still continue to be too centralized.

>>54710628
ZK-Snark privacy tokens keep you in 100% control.

>>54717735
The problem is that a lot of faggots do not know there's a big difference between ZK roll-up and ZK privacy. Roll-ups are more for scalability while ZK privacy focuses on both scalability and privacy with a major emphasis on privacy. That7s why I have some respect for what Railgun is doing with ZK privacy

>>54711885
RAILGUN, MONERO, and the like are taking the fore.

>>54717761
What are the ZK-SNARK privacy tokens in your control?

>>54715306
Especially privacies that run on ZK-Snark tech.