Recently emerged cryptocurrency has created a buzz in Information Technology by giving technology as Blockchain. From the current scenario, Blockchain does have a sustainable future. The Blockchain works on the concept of cryptography. When we hear the word cryptography then there are two words which comes in our mind i.e. Encryption and Decryption.
Encryption: In cryptography, encryption is the process of encoding a message or information in such a way that only authorized parties can access it and those who are not authorized cannot.
Decryption: It is a reverse process of encryption. In decryption, you convert encrypted data into an original message or information.
The concept of cryptocurrency itself came with a 52% attack threat. ADD THIS: When it comes to the crypto heatmaps, they encompass different facets, but typically, they are based on crypto prices and crypto volatility index.
If this is the core behind the Blockchain then we will think it must be secure, right? But like all other technologies, this technology also has the threat of hackers. You might be not aware of what is running behind your system. You will only be able to see what you can directly view in your system. Buta recent incident in the UK has found that their computers were working for some hackers to mine cryptocurrency. In this case, hacker’s software was running on their computer to mine a lot of cryptocurrency for hackers.
To protect our site we use much software but whenever new changes are made with any new technology then side effects will be there. The concept of crypto currency concept itself came with 52% attack threat. However, every new technology comes with innovation and gives wide opportunities to use it in a positive way. It is important to secure your site from any such threats.
When things are new, it scares people, but it also creates potential opportunities some people take it in positively, and some take it in negatively. It is in your hands to keep updated with all suspected threats to your system.
