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RE: The X Coin Machine ICO by TigoCTM

in #cryptocurrency7 years ago

The added encryption sounds like a great idea. Does it help with anonymity with activity as well? Or is it specifically encryption?

Also, I remember watching a video where Mcafee gave a talk about crypto wallet security. The idea is that when you visit a site (usually porn) where it creates a backdoor for hackers to gain access to your phone/ computer through the use of snagging screen shots when you enter your keys. His warning is that if you have a soft wallet, your crypto will one day disappear because someone most likely has access to your keys.

Does this do anything to prevent that? I am curious. Thanks for sharing!

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Yes! Think of it like a hardware wallet for the whole internet. Just like viruses can't jump onto your hardware wallet, even a virus on your computer can't jump onto TigoCTM's hardware security module with your PGP keys.

Thank you for the response. I will definitely have to look into TigoCTM's hardware more!

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