The hacking of NiceHash puts in the center of the scene the vulnerabilities that the system of transactions with cryptocurrencies can have if certain precautionary measures are not taken.
One of the challenges when it comes to operating with bitcoins is to choose a digital wallet, which is a platform to perform transactions in that cryptocurrency.
What characteristics should a purse have to be reliable and what strategies should the user take into account to minimize the risks? 1. The protocol. If it's a wallet on the web, you have to check what protocol it is. If it is HTTPS, then it means that the information that is transferred is encrypted.
Multifirm. It is important that the multifirm option is available. This is essential to protect against theft and attacks, since it implies that several private keys will be needed to transfer or spend the bitcoins in the account.
Use a versatile bitcoin client. In addition to hiding the IP address, it is recommended to use a bitcoin client that, with each operation, allows you to change to a new address.
Have control over the bitcoins. It is important that the user has access to the private keys of the bitcoins wallet; if not, you have no control over them. By having these keys it is possible to decide how and when to transfer the coins from the wallet and also to make a backup out of service.
Make a backup or back up. This security measure is valid for everything that happens in the digital world. In addition to having the data in the cloud is essential that there is a correlate of that information in a hardware such as a disk or pendrive and take all the precautions that apply in these cases.
Transparency It is suggested that the wallet be based on open source, since that way you can know how bitcoin is being secured and it is also possible to verify, in an effective way, if there is any vulnerability, as highlighted in the Bitcoin.com site.
Encrypt the wallet. The wallet must always be encrypted. If you have your wallet on your own computer, you can encrypt the entire unit or the space where the files in question are located.