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There's wrong information in the area when the main author of this news said "Stablecoins are a bigger threat to privacy than the digital euro
Finance". How can that happen when the UtopiaP2P introduced UUSD.
You are totally correct there. I think the statement was made because the content creator don't understand or know the features of the Utopia USD which is the first stablecoin created by the UtopiaP2P ecosystem.
The good thing is to first understand how to use the platform because I have seen some people contact the dev for something that's not important
level;6221 wrote:KingCRP;6113 wrote:Guys let’s take a quick survey and actually find out which exchange is the best to deal on CRP Crypton through public opinion, so guys if you have used a good amount of those exchanges which exchange is the best.
First I never like KYC require platform and I am careful with the exchange I provide my private information. Therefore, I will go for the Crypton Exchange anytime any day.
It’s a risk giving out your Kyc information to any platform what so ever, so I don’t value any exchanges that desperately demands one to give out their kyc informations.
Yes, it's not a good thing to provide private information to any platform or exchange.
oba;5957 wrote:Yeah, the browser we use online now is now very important. This is why I appreciate the Utopia developer team for creating Idyll browser for adequate secure and anonymous online browsing
The built-in browser of the UtopiaP2P ecosystem which is used to surf websites within the Utopia network. I like the browser built with the latest Tor browser.
From my own understanding of this great UtopiaP2P project there's no aspect that's not important that's if you understand the true meaning of anonymity.
IyaJJJ;6146 wrote:Cat;5801 wrote:Is it free to post here or do you need permission or something ?
Do you know that the number one benefit of a decentralized and privacy ecosystem is free of speech and liberation?
Therefore, there's no permission need to post a topic on this forum and everything is free.Well the number benefits of a decentralized ecosystem is the anonymous quality if you ask me, that comes first. Decentralization offers anonymity the rest are secondary.
I think you're missing an interesting thing about cryptocurrency. Decentralization does not offer anonymity by any mean, it only offers liberation from the government and real anonymity are provided through advanced privacy tools
thrive;6321 wrote:From where I come from there's a particular adage that says, the river that forgets its bank will dry up sooner or later. Every cryptocurrency investor that forgets the basics of crypto market analysis and chooses to rely on a bot analysis will blame himself later.
That's a good point. I don't think many people will rely on artificial intelligence on this issue. And if they do, it will be newcomers or stupid people. Although in the past people were also sceptical about technology. Now we all have a phone that serves as a computer. It will be interesting to watch.
Are you it will be only the newcome and naive people that will rely on the ChatGPT when 95% of all influencers are hyping the Ai machine on their social media post.
thrive;6323 wrote:All fiat currency are subject to de-value buddy because the government never stop printing more money and the more they print more money the money the fiat currency loose value.
I am well aware of that, but what I meant was what will happen to the dollar if Egypt shows a successful rejection of it?
Egypt is not the only country in the world and if countries like Switzerland, the UK, and others are asking the US to do something about making more USD value I don't see Egypt being a problem.
Cat;6338 wrote:thrive;6322 wrote:Don't get this wrong. Blockchain is secure and there's no way someone can break it even with the world's super-fast computer. However, the idea of Euler security is not secure at all and that is why it is important for us to make us of privacy.
I was recently arguing about the reliability of blockchain, and people did not believe in its security. Their argument was that it is "digital" money, which can disappear in an instant. The same could be said about paper money, inflation and so on. People do not want to switch to something new, even if the old system is rotten.
If people do not want to switch to 21st-century internet money you do not need to force them cause it's normal because some people are always behind in new technology while some see it as a hindrance.
despite how cryptocurrency has become extremely popular over the past few years, through its benefits which include cheaper and quicker money transactions and decentralized systems that do not fail at a single point some people still wont like but when all the fiat currency lose value they will like crypto.
thrive;6288 wrote:They always play this game to make the people believe nothing happens that they are doing a really good job and that the problem is not caused by their unprofessional decision. They understand the potential of crypto but choose not to support it because of their selfish gain.
I think they are stalling, like you said they see her potential and want to gain as much from it as possible.
If they truly understand the potential of cryptocurrency and want something good for their people they ought to support it while the provide the needed security to make it reach the mainstream of payment.
Unidentified threat actors took cryptocurrency from hot wallets by exploiting a zero-day security hole in General Bytes' software, according to the company.
"The attacker was able to remotely upload his own java application via the master service interface used by terminals to upload videos and run it using 'batm' user privileges," the business claimed in a weekend advisory. The attackers scanned the IP address space of Digital Ocean's cloud hosting and identified CAS services running on port 7741, including General Bytes Cloud and other GB ATM operators that use their servers on Digital Ocean.
The server where the malicious Java application was uploaded was configured by default to run applications in the deployment folder ("/batm/app/admin/standalone/deployments/"), the company said. By doing so, the attack allowed the threat actor to gain access to the databases; read and decrypt API keys used to access hot wallets and exchange funds; send money from wallets; download usernames, password hashes and close two-factor authentication (2FA); even access endpoint event logs.
It also warned that the incident had infiltrated its cloud service as well as individual servers from other operators, forcing the company to suspend service. In addition to encouraging customers to place their encrypted application servers (CAS) behind firewalls and VPNs, it also recommends rotating all user passwords and API keys in exchanges and hot wallets.
"CAS security fixes are provided in two server patch releases 20221118.48 and 20230120.44," General Bytes said in a statement. The company also emphasized that it has conducted several security audits since 2021, but none of them flagged this vulnerability. It doesn't seem to have been fixed since version 20210401. General Bytes did not reveal the exact amount of funds stolen by the hackers, but an analysis of the cryptocurrency wallets used in the attack revealed that 56,283 BTC ($1.5 million), 21,823 ETH ($36,500) and 1,219,183 LTC ($96,500) were received.
The ATM hack is the second breach to target General Bytes in less than a year, with another zero-day vulnerability in its ATM servers used in August 2022 to steal cryptocurrency from its customers.
oba;6329 wrote:Camavinga;6213 wrote:Very correct, i know people that had issues with other exchanges that are still yet to be resolved till this day, but i have not heard of any complaints about the Crypton exchange. I have also introduced it to some of my friends and their feedback has been very positive, let us continue to create awareness about Utopia and its features.
Glad to hear this from you but you never ask me how I know that people that use the Crypton Exchange later turn out to be exchange enthusiasts. This is because it is something that happened to me and some of the users of the Utopia I know.
There's no doubt about what you said. I was also once in the same boat and decided to try out the Crypton exchange when I saw some user talking about it on the Utopia P2P application client.
To be honest, that is the exact way I also make use of the Crypton Exchange. When I first saw the users saying good things about the Crypton Exchange I first thought it was just hype until I make use of the exchange and now I am glad I decided to try the exchange.
Will the dollar really fall in value? I think that such events are bound to affect the exchange rate.
All fiat currency are subject to de-value buddy because the government never stop printing more money and the more they print more money the money the fiat currency loose value.
So, if I understand correctly, blockchain is not secure?
Don't get this wrong. Blockchain is secure and there's no way someone can break it even with the world's super-fast computer. However, the idea of Euler security is not secure at all and that is why it is important for us to make us of privacy.
level;6276 wrote:When I first read the content of this channel I smile because surprised by how lazy some cryptocurrency investors would be by asking ChatGPT for the prediction of the market we know it's highly volatile and also presents a certain market trend with nothing that can make it happen.
Footing what I know about the ChatGPT concept its just equipment built from the knowledge and the mode of operation of the online search engine. Result it provided for the crypto market are the result the bot gather from an online market analyzer.
From where I come from there's a particular adage that says, the river that forgets its bank will dry up sooner or later. Every cryptocurrency investor that forgets the basics of crypto market analysis and chooses to rely on a bot analysis will blame himself later.
joanna;6317 wrote:Lanistergame2;6244 wrote:I do not think cryptocurrency users should have also liked the idea of Libra becoming the global system. Cryptos are meant to be decentralized and not controlled by one individual as Mark Zuckerburg wanted it to be. And there were so many factors that made the project to fail.
To be sincere with you, I never like the concept either because it is just like someone coming out of nowhere and planning to take over the whole cryptocurrency market because he's a billionaire.
Would you believe this is the exact thing Mark Zuckerburg is doing with the MetaVerse, for the record Metaverse was concept was developed a long ago (i remember it was around 2017) but no cryptocurrency enthusiast pay attention or want to get involved until Mark Zuckerburg mention it.
It may look like he somehow steal the idea of Metaverse from the project that first introduced it to the cryptocurrency market but he somehow created some hype for the Metaverse market and also make the crypto enthusiast sees the metaverse potential.
full;6309 wrote:KingCRP;6254 wrote:I agree that listing a coin on Binance actually gives that coin more publicity and presents it to the cryptocurrency market. But I don’t think all that can be the price to pay In making Utopia p2p compromise on it’s decentralized nature.
I understand your impression but the listing of CRP coin on Binance never compromises Utopia's decentralized and privacy nature. Do you know that LBank and CoinTiger is also KYC require CEX?
I don't know the reason why the user believes that the Binance exchange listing of the Utopia native coin Crypton will compromise the Utopia purpose privacy and for the record Binance still lists Monero.
If Binance still lists Monero despite some of the delisting issues it is had from some exchanges then there's a huge chance that Binance can list Crypton coin and if not through the listing fee payment method then what we will make it happen is the organic way.
Honestly, I believe the newbie shouldn't fallen for this type of strategy that's if they seek knowledge about cryptocurrency in the first place because it's easy to understand that there's no way a crypto transaction that sent and confirmed can be reversed.
So guys the fa Cup is now down to four teams and that’s Manchester City, Manchester United, Brighton and Sheffield. So guys who do you think would go all the way to win it.
I think the next few games will be tight for all the clubs and I am sure that the Brighton and Sheffield will put a lot of effort in the game than their previous match because they also when to make an impact through the winning of the Trophy
KAMSI_UG;6259 wrote:JONSNOWING;6180 wrote:Market history of a coin is not only checked to see how good a coin is doing this is also check how bad a coin would be. It generally helps people make decisions.
And checking the market record or history of any coin, how does that help any one be able to predict the future outcome of that coin? I believe it would still me difficult.
Well the market history of a coin can help in your predictions in several ways. You would be able to decipher the strength of the coin in market conditions like the bull and the bear market.
The market historical data help market analysis make prediction about the possible trend the market may take but the developer team service, concept, project utility and the use case put in place determine what the future have for the project.
full;6286 wrote:KingCRP;6255 wrote:Utopia p2p mining is quite popular. I think if you want more knowledge about it you can check the tutorials about Utopiap2p mining on YouTube right now mate.
Yes, there are a lot of tutorial videos of CRP coin mining on Youtube there's a particular topic created for it on this forum either and I believe the combination of the two is enough for anyone who wants to mine CRP coin.
Despite the in-depth knowledge provided by the Youtube videos you guys are talking about. I think every new user that wants to mine CRP coin need to read the basic step of it on the Utopia application client.
Hmm, that's absolutely correct going to the root of information is the best way to have adequate knowledge about a thing and it also make the person edge over others.
full;6281 wrote:IyaJJJ;6278 wrote:Let's agree that cryptocurrency fraudulent activity incidents increased by 183% but what fiat currency in which fraudulent activity was carried out through it every single hour?
This is why i never like the type of research and statement because it give crypto bad reputation whereas the incident is worse in fiat currency.This is why I never like the Feds and the government sometimes. They know the truth that about a billion fraudulent activities are done every day in fiat currency but they won't mention it while they will only talk about the little fraudulent activity done in crypto.
I think it's not their fault but the code of conduct they operate in. Politics is a game of getting your hands dirty and doing what its time to get what you want. Could remember Trump's ex-strategy that was against crypto when he was in office that later support crypto when he leave office.
They always play this game to make the people believe nothing happens that they are doing a really good job and that the problem is not caused by their unprofessional decision. They understand the potential of crypto but choose not to support it because of their selfish gain.
CrytoCynthia;5828 wrote:I don’t think the transaction traffic on Utopia p2p is congested in any way, because there are no delays for the transactions to be confirmed, I am yet to experience any delay sending CRP Crypton to anyone.
No congestion of transactions in the Utopia Ecosystem happens because of the mechanism Proof-of-Stake (PoS) and proof-of-resources algorithms. Besides, also one of the things that make the Crypton coin the most stable currency with the lowest volatility.
I don't know how the UtopiaP2P dev team makes the instant transaction confirmation with no congestion happen but i am sure they use the Proof-of-Stake (PoS) and proof-of-resources with the inclusion of 256-bit AES and curve25519 high-speed encryption for secure storage and transmission.
Guys let’s take a quick survey and actually find out which exchange is the best to deal on CRP Crypton through public opinion, so guys if you have used a good amount of those exchanges which exchange is the best.
The best survey you get is from someone like myself who has almost all the exchanges where Crypton coin is listed and from my experience Crypton Exchange is still the best among all the exchanges.
thrive;6006 wrote:This is no longer a piece of news from my own point of point o view because Microsoft Edge has announced its plan for a non-custodial cryptocurrency wallet. Although the code maybe already available while they are planning on setting a date for the official release.
Apologies for the irrelevant news, this is my first post and I thought it would fit.
I think you don't understand my point of view here. I am saying it longer a piece of news from my end but that doesn't mean is not news to other users of this forum that are unaware of it.
Safety in the cryptocurrency space has a lot to do with the holder of the coin and one of the major rule is that you must not keep your coin on an exchange as it is a very risky move. Not your wallet, not your coin.
How safe is a cryptocurrency enthusiast's investment in crypto started from what the investor chooses to learn the first time they wanted to join the crypto scheme because the real safety started from the coin the investor chooses then show to keep the wallet secure and never keep crypto on exchange for the long term.