Blockchain has a strong appeal to take control (i mean full control) of our money . The private key is unique in every blockchain and hence has only one copy of it .
Great power comes with great responsibility . We own our assets and we can protect it (only we can) .
Recent days we have seen hacks , thefts and spams . All are directed towards some sort of compromised or poorly secured private keys.
Based on my understandings i plot out the best ways to secure our assets :
Do not store your asset in exchanger (unless you are just willing to sell/trade them). In exchanger we dont control the private keys , hence the coins are not in our control.
Do not store your private keys in your electronic devices (browser , notepad , cloud , drive , pendrive or whatever that can be accessed online) . Only print them and store offline.
Use Hardware wallet for storing your assets and backup key in a print out format stored offline. Trezor and Ledger nano are two best choices.
Do not use a shared/unsecured/less authenticated email for accessing your assets.
Always look into url when visiting a website. Never reveal your password/private keys if you are not sure about the security of the site.
If its too good to be true , it probably is . Dont fall for such fishy offers.
Good luck with your cryptoassets.
I am new in steemit trying to bring value . If you find value please comment , resteem and follow me .
A lots of love and thanks.
very good and informative . Resteemed
You have provided some valuable information to the community, specially who are new in crypto world. Thanks for sharing.
thanks for complements
Yes, with great power comes great responsibility. It is your responsibility to secure your assets.
Blockchain ensures the security that no banks can do. Thank you @doctordhaka for sharing this!
thanks for the comment
I gave you an up-vote. It would be great if you could return a favor.
Please follow me if you like and we can share posts and up-votes and help build our profiles.
Thank you!!!
Valuable information... I appreciate.
thanks
Wow nice post. Keep em coming. will folloy you for more in the future :)
it's a very powerful and highly secure system for our own money bank
maintain your regular article and go ahead !!!
Blockchain is the best strong appeal to take control Thanks for your information share with us ,I always follow with you .
Resteem done
Blessings to knowledge seekers like me. My coin are @ exchanger. What should I do for safety of them? please let me know. TIA.
I am amazed at how blockchain works. This is still new to me but I knew how potential it is. Thanks for the tips on how we can protect our assets. :)