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Showing 5 of 5 results by jemmy655
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Topic
Board Exchanges
Re: Cryptopia exchange hacked
by
jemmy655
on 06/06/2019, 23:00:45 UTC
It's quite unusual that even at this day and age, with a lot of techniques and new practice on safeguarding a platform, hackers are still able to get through even with the robust of security systems. I wonder how tight their security are and what their system admins do for the hackers to still find a vulnerability on the platform. Also, this stresses the age-old question of whether to keep your funds in an exchange or not, and the answer is laid right before our eyes every time a theft occurs.




"Robust security systems"? I wont call it that. What I see is an over complicated processes (validations, verification, etc) yet resulting to know where but just to give an impression that the system is secured. Many important things to look out for were ignored e.g
1. System should production ready before allowing users pump their funds.
Most hacks are done internally i.e stage managed. This is so bad
Post
Topic
Board Trading Discussion
Re: why is it soo easy to make profit at localbitcoins?
by
jemmy655
on 30/05/2019, 19:47:12 UTC
In my country is much easier, you don't have to get money transmitter license, you simply register a company and you can start making money selling bitcoins on LB Smiley

is your country an African country?
I am very sure of the rules in most African countries don't "break" business and at the same time have Zero tolerance for illegal businesses, fraud, money laundering , etc.
Post
Topic
Board Service Discussion
Re: List of African Bitcoin & Cryptocurrency businesses / services
by
jemmy655
on 19/05/2019, 02:00:33 UTC
I don't live on the continent of Africa but I like to see this head, at least I see some progress there and Africa is a big market. the blockchain will become a big commodity along with Asia.

I seriously agree with you. The market is still VERY fresh
Post
Topic
Board Announcements (Altcoins)
Re: INTRODUCING COWRY (COW) - NOT JUST ANOTHER CURRENCY
by
jemmy655
on 28/04/2019, 23:34:13 UTC
Yes, this is not just another currency Cheesy but its JUST ANOTHER MASTERNODE PRE-SALE PROJECT that has no future and no real use case in the blockchain ecosystem.

How are you sue of that claim? I believe some told the founder of Bitcoin almost the same thing but today many are pumping their billions into it.
Post
Topic
Board Project Development
Re: 96 lines python made AI + blockchain
by
jemmy655
on 22/04/2019, 21:57:49 UTC
Less than 100 lines code made dumb AI + blockchain project.
Just for kidding Grin

https://github.com/theDumbAssCoin/DUMBASS

A very nice work sir but just could not stop laughing when I read the "readme" file.