What Is The Future Of Cryptocurrencies and bitcoin in year 2018
Cryptocurrency and bitcoin are the talk of the year and many wonders, what the future holds for bitcoin and cryptocurrencies. The value of bitcoin and many cryptocurrencies have increased to 100x - 1000x or even more.
So, what does year 2018 look like for crypto?
The following video explains the year ahead for crypto.
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GeneralIntermediateA bridge is only as safe as whatever verifies cross-chain messages. Most major hacks came from stolen validator keys, verification bugs, or bad upgrades, not the chains themselves.
#bridges#security
On Bitcoin, scale confirmation depth with the amount at risk, since finality is probabilistic. On Ethereum, wait for the finalized checkpoint. On rollups, wait for the batch to be final on L1.
#consensus#transactions
GeneralIntermediateBIP-39 encodes random entropy as 12-24 words and stretches them into a seed; BIP-32/44 derive every key from it. Store the words offline on durable media in several places, never digitally.
#cryptography#security#wallets
