I actively read content on r/Bitcoin and r/buttcoin regualrly; as well as other investment content. I like to see what both sides have to say about Bitcoin to balance my perspective. The one fantastic point that Greg Foss has that I have never heard anybody successfully refute is using Bitcoin as an insurance policy. Bitcoin has never been hacked, is not tied to any one government, it’s a bearer asset and incredibly difficult to confiscate since I own the private keys in my mind. In the event my government and currency fails, I will still have some value stored where nobody can take it from me. I currently own 2% of my net worth in Bitcoin and 98% in stocks, bonds, cash, and real estate. If anyone here can give me a good reason to relinquish my modest insurance policy on the us government I am all ears!
Friday, July 1, 2022
SpiderWeb ($ARAC) - Quick Fundamentals - Security Features
Hey Spider-Mites,
Today, we will start off with a Quick Fundamental guide on the Security Features of SpiderWeb ($ARAC)! This will be a quick guide to highlight the key points and features within our security features for you to better understand just "How" we intend to protect the information, and "Why" it will be far more secure than the traditional methods used today!
This project was built with the aim to reduce both cost of traditional web hosting and traffic while maximizing focus on providing security as it has become a rampant issue amongst users, both business and personal alike!
Let's Begin!
Spiderweb ($ARAC), is/will be composed of self-built private nodes and public nodes of P2P resources, in essentially 3 tiers, to form a web of decentralized IDC infrastructure:
For heightened security, Spiderweb ($ARAC) has a built in proactive/passive AI which monitors all traffic and also uses the same SHA256 encryption method as Bitcoin nodes, SO incase of failure or intrusion/hacking events, it will automatically relay and/or retrieve information between other nodes, so that data security is guaranteed! (see photos below!)
(SpiderWeb ($ARAC) will also incorporate an eco-friendly and energy-efficient consensus mechanism called "Proof of Use" (PoU), which will be used as a means of reward verification as well!)
(**See the NFT Collection Launch post for more details!**)
Thanks everyone for taking the time to understand our Security features! Once again, for a more detailed explanations of this, please visit our #WhitePaper here: https://discord.gg/TmhneY5SEu !
Hope everyone has a great day and let's weave a brighter future together!
For people with their life savings in Bitcoin. What's your plan in the event of a massive crash? (x-post from /r/Bitcoin)
Hiro's Weekly Community Updates: Hiro Makes an Impact on NYC Tech, Future of Money Discussed, Developer's Guide to Web3, NFT Giveaway for Stack Devs and More!
Happy new month Stack Devs! Don’t miss out: Here’s a roundup of all the latest developer resources, tutorials, and events to keep on your radar. Here are some of our latest posts:
- Hiro Makes an Impact Built In NYC featured Hiro as one of the companies making an impact in the tech industry for the month of June.
- Future of Money From Banknotes to Bitcoin In this blog, we dive into the evolution of the financial system and how Bitcoin offers new opportunities for developers.
- Developer's Guide to Web3 Ecosystems Ready to build a blockchain app? We provided all the information you need to get started and answered from FAQs. Check it out here.
- Are You a Stack Dev Working on NFTs? Share a skill you learned on Stacks and tag #stxdevs for a chance to win a limited edition NFT.
- Web3 for Bitcoin We chatted about all things Stacks and gave an overview of our developer tooling. Watch a replay here.
Looking to enter the world of blockchain? Hiro is hiring! Check out some of our open positions here.
Stay tuned here and on our Twitter for more updates and announcements,
- Hiro Team