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 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 global peer-to-peer record keeping networks (distributed ledgers) that are secure, inexpensive, and reliable. Transaction records from around the world are stored on blockchain networks, and because these records are distributed across the entire user community, the data is inherently resistant to modification. No data can be altered without altering every other block on the network, which would require the collusion of the majority of the entire network: millions of gatekeepers. BUT, what if a website appears to be providing you with a gateway to a legitimate cryptocurrency exchange or crypto wallet product, but is actually a website designed to trick you into revealing information? It doesn’t have Blockchain security at all, it just has another phishing scam, and you need to protect yourself from all of this.

MetaCert is a company that says it’s 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 Internet users safe. DC enthusiasts. This new product is called “Cryptonite” and is designed to be installed as a browser add-on. Today’s 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. Phishing sites also use SSL certificates, so users can be tricked into thinking 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 classified URL databases for security.

Staying secure 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. Quality control is touted by many as one of the greatest technological revolutions of the modern age. By harnessing the power of quantum mechanics, quality control machines will be able to take on much more complex tasks and reach previously unattainable speeds. 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 because their switches can be in the on and off positions at the same time. weather. , which are called “overlays”. This ability to be in two states simultaneously is what makes QA so much faster. Google announced more than two years ago that the quantum prototype they have is 100 million times faster than any other computer in their lab. The development of this technology is advancing at an ever faster pace. The first commercialized quantum computer was produced in 2011 by the California-based company D-Wave. D-Wave’s machine was equipped with a processor containing 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 these new machines can handle in the coming years. While quantum computing has the potential to make significant advances in many areas and to provide innovative solutions to some of the most complex problems, it will surely create a need for improved security, as these machines will also have the power to help hackers. with his coward. wanderings. Protection and security will always be needed in the cryptocurrency space, just like in all other spaces online.

Stay tuned!