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How my 1,000,000$ became NOTHING...
by waking up๐โ๏ธ
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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cellframe
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#Cellframe Cryptocurrency private keys are vulnerable to quantum computer attacks, specifically quantum computers using Shor's algorithm. Quantum computers can factor large numbers exponentially faster than classical computers, potentially compromising:1. Elliptic Curve Digital Signature Algorithm (ECDSA) used in Bitcoin, Ethereum, and others.2. RSA encryption used in some cryptocurrency wallets.However, there are mitigation strategies:1. Quantum-resistant algorithms: Cryptocurrencies like Bitcoin and Ethereum are exploring alternatives, like - Cellframe2. Key size increase: Larger key sizes, like 512-bit or 1024-bit, make quantum attacks more difficult.3. Quantum-secure cryptography: New protocols, such as: - Lattice-based cryptography (e.g., NTRU) - Code-based cryptography (e.g., McEliece) - Multivariate cryptography (e.g., Rainbow)4. Hybrid approaches: Combining classical and quantum-resistant algorithms.5. Regular key rotation: Frequently updating private keys reduces exposure.6. Secure storage: Protecting private keys with hardware security modules (HSMs) or secure enclaves.7. Quantum-secure wallets: Developing wallets resistant to quantum attacks.To stay ahead:1. Monitor cryptocurrency updates and upgrades.2. Use reputable wallets with robust security measures.3. Stay informed about quantum computing advancements.Remember, quantum computers are still in development, and widespread adoption is years away. Cryptocurrency developers are actively addressing these concerns.Keep in mind: This is a simplified explanation. For expert insights, consult cryptography and quantum computing specialists.
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Cellframe Why Cellframe? Study about QDay @cellframenet has all these features ๐คฏ โช๏ธ๐๐ฎ๐๐ฒ๐ฟ๐ฌ/๐ญ/๐ฎ/๐ฏ โช๏ธ๐๐ป๐๐ถ๐ค๐๐ฎ๐ป๐๐๐บ ๐๐ฒ๐ฐ๐ต โช๏ธ๐ฆ๐ต๐ฎ๐ฟ๐ฑ๐ถ๐ป๐ด โช๏ธ๐ฃ๐ฎ๐ฟ๐ฎ๐๐ต๐ฎ๐ถ๐ป๐ (like $DOT) โช๏ธ๐๐ถ๐๐๐๐ฏ ๐ถ๐บ๐ฝ๐ฟ๐ฒ๐๐๐ถ๐๐ฒ โช๏ธ๐ง๐ฒ๐ฎ๐บ ๐ฑ๐ผ๐ ๐ ๐ฒ๐ฑ โช๏ธ๐๐น๐น ๐๐ผ๐ถ๐ป๐ ๐ถ๐ป ๐ฐ๐ถ๐ฟ๐ฐ๐๐น๐ฎ๐๐ถ๐ผ๐ป In the latest AMA the team specified that the bidirectional bridge is almost ready and there is very little left Graphically๐we can see how the price in recent months, after a pump up to March that had brought it close to the ATH, has returned to the accumulation area that has been there for years, that is, the range between $0.2 and $0.4 Now it finally seems to have made an excellent breakout and I am more than certain that this time $CELL has all the possibilities to create a new ATH Even in this case, in my opinion, the double digit is not impossible, indeed $CELL still just 20M Mcap $CELL #Cellframe #Layer0 #Layer1 #Layer2 #Layer3 #antiQuantum #mainnet #zkproof #scaling #sharding #paraChains #cryptocurrencies
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I just created my Binance Web3 Wallet. Most important thing when using Binance wallet... โ It is more easy to use than any other wallet โ More secured #BinanceWallet #BnB #Binance #Web3 #Wallet
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Cellframe: Did you know that more than 1,500 Bitcoins are lost per day due to users forgetting mnemonics, losing access to their wallet, or dying without creating a backup? According to statistics, over 28% of all Bitcoins have already been irretrievably lost ๐ฎ โ ๏ธ Cellframe is thrilled to announce a partnership with Tezoro โ a service that allows you to recover your assets if you lose access to your wallet or die. Why Tezoro? โ Non-custodial: Tezoro does not have access to your tokens/wallet/mnemonics at any point in time: neither when creating nor when executing your backup. โ Secure: for each user Tezoro deploys a separate smart contract, which cannot be changed after deployment = it cannot be hacked. Tezoro smart contract has been audited by CertiK. โ Decentralized: you can specify up to 2 executors for their backup, which can launch and execute the backup via Etherscan without Tezoro = your assets are protected even if Tezoro no longer exists. Learn more about Tezoro: #ะฝะพะฒะพััะธ_cellframe
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