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Blockchain cybersecurity. Will this technology help us?

Blockchain cybersecurity. Will this technology help us?

Greetings, my dear friend! You and I continue to understand cryptocurrencies, as many people conduct cryptocurrency hoarding, and today we will talk about blockchain security. Agree that the issue of cryptocurrency security is incredibly important right now, and I would say, in many ways, a priority!

You know yourself that there is a lot of fraud in the cryptocurrency industry, read, for example, cryptocurrency cheating. There are frequent cases of successful hacker attacks and so on. In general, there is nothing surprising here, because this sphere, in fact, is not regulated by anyone or anything. Accordingly, security suffers.

In addition, it is worth clearly realizing that people themselves indulge the scammers, as they very kindly consume all the information crap that is dumped on them by the scammers.  All in all, blockchain cybersecurity services is very important right now. In addition, there is a trend that cybercriminals are starting to use more and more sophisticated and cunning ways to steal money, information, documents and more! Thus, blockchain security is increasingly at risk.


Today, hackers use a variety of methods and equipment. With the most powerful DDOS attacks hackers often block the activities of even large organizations. In other words, it is clear that no one can be immune to this scourge right now. Can blockchain technology really have a fruitful impact on improving cybersecurity?

Simply put, blockchain is a registry within which certain information can be stored. This registry itself is decentralized.

In general, it can raise the level of cybersecurity, thus providing some level of cybersecurity, because within this registry there is a consensus system that can prevent a large number of fraudulent actions.

All in all, it will depend on a lot of factors, and on the specific value itself. As I have told you many times before, blockchain, it is not one, there are quite a few of them. Blockchain can drastically solve the issue of lack of trust within the interacting entities. Simply put, blockchain's cybersecurity, in general terms, is usually on par.

Again, blockchain is not a centralized structure where the vast majority of information can be stored in a specific repository. Blockchain is a distributed registry supported by many participants. Let's think logically, after all, it is easier to attack and hack into one specific storage, right? Once again, thus emphasizing that blockchain cybersecurity is at a new cybersecurity level.

All information within the blockchain is stored in specialized blocks of information, with each new block connected to the previous one. As information is added, new blocks begin to be created. Because of its branching nature, the blockchain simply has no place through which a potential hack could be conducted! Therefore, this very branching provides a higher level of security than the current structures.


Through the use of blockchain development consulting, companies can authorize their users without the need for a username and password. In fact, authorization can be one avenue of potential attack, and with this approach, blockchain eliminates that avenue altogether. So the security of the authorization process becomes a strong pillar of overall cybersecurity.

In general, I think you will be interested to know more about the potential of blockchain.

Using a centralized structure and simple mechanisms as part of customer authorization is a big mistake for companies, which is almost a carpet for fraudsters. No matter how much money a company invests in security, it still can't provide a high level of security as long as customers use passwords, which are very easy to steal! So passwords reduce - obviously - the level of security, and cybersecurity using blockchain technology, as part of authorization, solves this problem!

In this case, through the use of blockchain, it will be possible to create a branched key structure, and the user will receive not a password, but a kind of electronic certificate, which will allow him to access his office without using a single password, which greatly increases the potential security of the whole structure!


Essentially, blockchain users can serve their data from any computer that is on the Blockchain network. A specialized, serviceable blockchain must be present for this to happen.

For example, if someone who is not the owner of a particular blockchain tries to change its structure, the blockchain itself would have to find a data mismatch, therefore recognizing that block as false and excluding it from the structure.

You must understand that blockchain is structured in such a way that there is no single storage or binding place, it is a decentralized structure. Everyone in the system is responsible for the maintenance of the data, so you cannot delete information that is already there, or simply add new information at will, unless there is some consensus in the system.

It turns out that the absence or rather presence of such consensus is the hallmark, within cybersecurity, of blockchain technology. Certificates instead of passwords also, it must be said, obviously have a positive effect on cybersecurity.


Every new piece of information that is added to the blockchain always gets a public signature. This means that the company will be able to track any transaction and its details.

As it works, a kind of transaction log may be generated, and information about it will be stored in the blockchain itself. At any convenient moment, the company can pull up this archive and analyze the information, finding possible discrepancies.

I don't want to say that this point is very unclear, but I think that here.

Roughly speaking, you have to understand that within blockchain it is impossible to swap information. Again, the consensus principle works within the system. If the majority of users do not confirm the veracity of this or that information, it will be rejected and the block will not be added to the blockchain itself.


I think you know that this kind of attack is a favorite tool of hackers, which, by the way, they use very well. In the meantime, to be fair, DDOS attacks can also pose a certain danger to the blockchain itself.

I will now try to explain why this is the case. In general, within blockchain, it is easy enough to reject transactions or prevent users from sending them. For example, a clear point attack on a few users of the blockchain system, can paralyze the entire structure as a whole. But, in general, this problem is largely solvable and I think the solution is not far off.


Blockchain cybersecurity can be a clear solution to security problems in any business, and this is a fact. As practice shows, even the toughest security measures do not eliminate the success of attacks, they only increase the time in which hackers do break into a particular system.

You need to realize that there are two sides to every coin. Within the same blockchain technology, there are people who are on the bright side and they work for the development of the system itself. But there are also people who work on the dark side. They use the technology for one purpose: to enrich themselves through deception, fraud and extortion.

All this is vital, and there is nothing surprising about it either! As for the various scammers, as I said, people are guilty of it themselves. It's worth understanding that demand always generates supply. If people didn't fall for the lure of scammers, the scammers simply wouldn't exist.

Why would they need their activity, if no one would fall for their tricks. But no, as practice shows, people don't learn anything. The sore point of the masses is greed, and crooks are pressing on this sore point. It would seem that they put pressure in a very primitive way, but it works, and if it works, then there is no need for them to reinvent the wheel, changing their methods of influencing other people.

What can I say? It's time people finally started thinking with their heads instead of their asses. It's understandable that if a person disregards safety rules, he'll get screwed. Is that any surprise at all? As soon as you let your guard down, there's bound to be someone who will screw you.