Blockchain security risks minimization

in Steem4Bloggerslast year

Hi Steem4bloggers friends


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How can blockchain security risks be minimized?

Blockchain is a very great technology that was first published in 2009 to create Bitcoin, in general Blockchain is a very sophisticated data storage technology that cannot be manipulated or faked.

Blockchain can also be accessed by anyone in general to see every transaction that occurs in the Blockchain itself, but the one who can control Blockchain or what we can simplify with Bitcoin is the holder of the Blockchain Wallet password key itself.

Well, what makes Blockchain unsafe is not the Blockchain technology, but the person who holds the wallet key from the Blockchain itself who cannot keep the key properly.

Because the main rule of Blockchain is "not your key not your coin". Well, in this case the security and risks in Blockchain all depend on the holder of the Blockchain wallet password key.

Now let's simplify this topic into Blockchain Steem, is Blockchain Steem safe?, in my opinion it is very safe because the Steem Developer himself has designed the Steem Blockchain as well as possible.

We are also given account keys and wallet keys that are so complicated that we ourselves cannot memorize them, however, we also hear many cases that some steemians have lost their steemit accounts because they were stolen by malicious hackers.

In this case, I can guarantee that this error is not 100% from the hacker himself, because the main cause of the theft of the steemit account is because the owner is not really serious about keeping his account password properly.

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It is possible that the account owner uses his account password to log into his steemit account through a third-party application or stores his steemit account password in a place that is still connected to the internet so that his password is easily hacked.

So, solution so that Blockchain is safe and has minimal risk is to never store your wallet password or Blockchain account in a place that is connected to the Internet, the way you can write it on paper in handwriting several times so that there is a backup key on another paper if your key is lost.

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Or you can also store the key in another way as you like as long as the key is not stored in a place that is connected to the internet.

This is my entry for the Contest /How blockchain security risks can be minimized? which is organized by @khursheedanwar, I would also like to invite @dekki, @dikimon2 and @max-pro to participate together in this contest.

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Curated by : @malikusman1
 last year 

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