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Tor is an open network and a free software which allows people to enjoy maximum level of security and privacy on the internet. Nothing comes close to Tor when it comes to hiding your identity while surfing the internet.

Tor hides your personal identity by routing your system’s internet traffic over several places on the internet. However, there are still some loopholes that you may want to eradicate in order to steer clear from any monitoring agencies.

In this article, we have discussed 5 Do’s and 5 Don’ts to enhance your online safety.

Related: Beginner’s Guide to Tor

Do’s To Increase Your Online Safety:

  1. Use Tor:

Anyone who is skeptical of the online privacy should never put his trust into people at the back of the internet such as ISPs, web service providers, government agencies, etc. Tor is the best browser for online anonymity and that’s the biggest reason why we recommend using it.

 

  1. Update Your System:

Tor is just another software which runs on top of your OS. Meaning that it is only as safe and secure as the system it runs on. We advise you to daily update your OS, Tor client, browser, email clients, instant messaging clients, etc.

If somehow, a hacker is able to get hold of your OS, then even Tor can’t protect your online privacy.

Related: The Truth Behind Whether Tor Browser Is Completely Anonymous Or Not

  1. Encrypt Your Data Storage:

Although Tor anonymizes your location, it does nothing to secure the digital data on your computer. Data protection on your system can only be achieved if you keep the data in encrypted form. So, make sure you use a strong encryption algorithm such as LUKS to keep your system from various threats.

 

  1. Disable Flash, Java, and JavaScript:

Using Tor with Java, Flash, and JavaSript leaves your data vulnerable to attackers. This is because these applications run with user account’s privileges which allow them to access/share your data.

  1. Delete Cookies And Local Data Of Site:

Tor browser hides your real identity using network packets and routes your traffic through numerous relays to protect you from traffic analysis. However, some websites may still be able to track your activities using cookies and data storage. In order to go complete anonymous, make sure your cookies and site’s local data is disabled.

5 Don’ts To Increase Your Online Safety:

  1. Do not use windows:

Windows is simply not best of the choices to improve your online privacy. The OS comes with several bugs and the loopholes that are present in the system and may leave you vulnerable to security issues. Rather use a Linux system for better Tor experience.

Related: Top 5 Proxies To Access .Onion Sites Wihtout Tor

  1. Avoid Using HTTP Websites:

The onion router is only a traffic router and does not encrypt the network traffic through the internet. This means that the origin of your network traffic is only anonymized inside the tor network and not outside of it; which results in exit nodes of Tor reading your internet traffic in the form of unencrypted data. The best way to avoid this is using end-to-end encryption such as TLS or SSL while on Tor.

  1. Do Not Use Tor Browser Bundle:

Do not use Tor browser bundle for online privacy under any circumstances. A recent FBI breakdown of freedom hosting (a hidden web hosting service running on Tor network) was only possible due to vulnerabilities of Tor browser bundle. So, make sure you are not using this bundle.

 

  1. Do Not Use P2P:

Tor network is not built for P2P file sharing as the exit nodes of the network are specifically meant to block file sharing. Plus, downloading torrents is considered abuse to the Tor network as it slows down the speed for other users browsing on the network and increases the threat to your online privacy. So it’s better to not use P2P on Tor.

 

  1. Do Not Use Google:

If you care about your privacy, do not use Google at all. Google is infamous for collecting user information and browsing data to aid the growth of its ads revenue. The best alternatives to Google for Tor are DuckDuckGo and StartPage.

 

Conclusion:

It’s not easy to steer clear when everyone is after your privacy. Despite all its vulnerabilities and weakness, Tor is still the best privacy tool we have for our online security. However, in order to bypass all these security threats, just follow the Do’s and Don’ts discussed above and you will be good to go.

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A look inside America’s largest Bitcoin mining operation

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Dave Carlson, who owns America’s largest bitcoin mining operation could be mining as much as $8 million worth of bitcoin every month. However, Dave dismisses this figure as ‘exaggeration’ and ‘fake news’ created by media.

With the mainstream media proceeding to paint bitcoin mining operation as modern age gold rush, Carlson’s story has been of particular interest, regardless of whether it hasn’t generally been put in the correct context.

To be fair, though, evaluations of his potential earnings don’t appear to be far-fetched when you consider he went from driving a $300 Honda to directing the largest bitcoin mining operation in America in simply under a year, and that bitcoin mining is still broadly misunderstood.

All things considered, when the facts are examined, his business is no less impressive.

Tags: Bitcoin videos, bitcoin mining

To get to the truth of his story, CoinDesk addressed Carlson about the increased attention his Washington-based bitcoin mining operation (he refused to disclose the location) is getting, how he assembled the organization and how it earned $8m a month when bitcoin costs were close to their peak.

“I used to spend long hours configuring servers, assembling rigs, and connecting cables. I now have a technical team that covers assembly, deployment, facilities, optimization, and management. I invest the greater part of my energy dealing with the bigger issues the organization faces in regards to future development and operations.” said Carlson to sum up his business growth.

 

Credits: CoinDesk.com

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Bitcoin Struggles as Ripple Price Drops Once Again!

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Within the past 24 hours, the price of most of the cryptocurrencies has declined significantly in the global market.

Possible Aspects:

Ripple has once again dropped below the $49 billion region and has achieved a monthly low at $1.28. For many bitcoin investors, $10,000 mark was a psychological threshold, but the $1 mark of Ripple is also considered as a significant threshold that has led the price of Ripple to upsurge by 33-fold within few weeks. The market valuation of Ripple could possibly decrease further if the price of XRP or Ripple couldn’t withstand itself above $1. Also, Bitcoin struggles to maintain the gains that it recorded on January 25, although it has shown a 3% decrease in the price and is currently trading at $11,153.

Ripple has a huge following in the South Korean market and the extensive day by day exchanging volumes of XRP on UpBit and Bithumb, two of the country’s major cryptocurrency money exchanging platforms, it is almost impossible that the market valuation of Ripple would fall beneath $40 billion.

bitcoin struggles

Currently, the market cap of Ripple is not as much as half of Ethereum’s. Also, it is not expected that the market cap of Ripple would fall below the current levels unless something unexpected happens within a short period of time.

Ethereum’s native cryptocurrency Ether (with EOS) has recorded the lowest losses from the major cryptocurrencies, demonstrating a minor 2% decrease in market valuation.

The tenth most important and valuable cryptocurrency in the market NEM has experienced a startling 16% decrease in its price. The unexpected drop in the value of NEM was said to be set off by a possible security breach which occurred on a leading Japanese cryptocurrency exchange, CoinCheck.

Local Japanese media released reports on January 26, that all Japanese yen withdrawal and cash outs have been disabled by CoinCheck due to suspicious transactions. Also, some unverified reports as well claimed that $500 million worth of NEM was withdrawn from CoinCheck and it’s still unclear whether it was a group of users or a hacker that stole NEM from the exchange.

The cryptocurrency community is eagerly predicting an official statement from CoinCheck, however, it has not been confirmed yet if the exchange was hacked or not.

An abrupt flow of $500 million from a Japanese cryptocurrency exchange could have caused the market to fall. Many investors have suggested that another reason could be the closing of bitcoin upcoming contracts on CME Group, and institutional investors selling huge amounts of bitcoin to deliberately bring down the currency’s price to cash out short contracts.

Shorting of bitcoin and whales selling the digital currency to cash out short contracts could have persuasively contributed to the decrease in the market cap of bitcoin, and because bitcoin is considered as the reserve currency of the market, it looks clear that the rest of the cryptocurrency market fell with it as well.

Trend:

US-based residents are looking for tax returns and South Korean investors are anticipating the January 31 cryptocurrency exchange recommencement date; the global cryptocurrency market would probably improve instantly within the month February.

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Supply Chain Blockchain: Eximchain Raises $20 Million!

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Eximchain was established in 2015 at the Massachusetts Institute of Technology’s (MIT) media lab and is a supply-chain focused blockchain startup, which has managed to raise more than $20 million from a group of investors. Eximchain is basically an MIT-based software development company which uses blockchain to advance the SCF (supply chain financing).

blockchain supply chain

Supply Chain Financing

SCF allows investors to fund an organization through its supply chain procedure by providing them further operating capital and functioning cash flow to upsurge its effectiveness and lessen risk. Companies that effectively succeeded this cash flow have reduced their inventory by almost 30%, heading to substantially lower working costs.

Even as a startup, it has managed to raise the funds to advance its own public blockchain which runs by private smart contracts, in order to offer multiple solutions for recording, executing and disseminating information for supply chain shareholders.

Who’s behind the funding?

One of the major cryptocurrency hedges from China, FBG Capital was behind the funding. There were also many other participants included such as;

  • INBlockchain, which is a blockchain capital firm. It was founded by a Chinese cryptocurrency activist, Li Xiaolai.
  • Kinetic Capital, which is a Hong Kong-based investment firm.

Now moving towards the token airdrop, Eximchain says that it will see approximately 1.5 million ERC20-based EXC tokens disseminated to contributors after verifying their identity. According to the company, EXC can be also transformed into the native tokens, on the blockchain of Eximchain itself.

Hope Liu’s Statement

Eximchain’s co-founder and CEO, Hope Liu stated;

“After experimenting [with proofs of concept] on ethereum or private blockchains, the enterprise world is looking for technical solutions that can be deployed immediately to solve real supply chain problems. There is a huge potential for blockchain technology to revolutionize supply chain processes, and we are all excited to see the progress that Eximchain will help bring to this industry.”

The funding is actually what makes the firm one of the latest ones to join the highly popular trend of distributing airdrops, through which firms allot tokens for free to the concerned parties, rather than holding token sales in the existing ambience of regulatory obscurity.

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Bitcoin Market Cap Hits $52 billion for the First Time Ever

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Bitcoin investors get apprehensive as Bitcoin’s value surpasses $3000, hitting a new record within a week after the split.

According to CoinDesk.com, Bitcoin climbed to $3,360.87 on Saturday and by Sunday, it had settled down to $3,286.87 while pushing bitcoin’s market capitalization past $50 billion for the first time ever. It’s market cap now lies at $52.3 billion at press time.

The reason behind these price jumps is the launch of Bitcoin Cash, which is a new version of the cryptocurrency. While Bitcoin’s price did have a 5% drop during the initial days of the new currency, it rapidly recovered. Previously in June, Bitcoin had hit the $3000 however, it fell 20% soon after.

As expected, market volumes have increased along with the price due to the increase in trade volume within the past couple of days and by the looks of it, Bitcoin is back and better than ever.

 

bitcoin image via atlanticbase.com

rocket image via Science Learning Hub

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Bitcoin Highlights – 2017 Edition

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2017 has been an adrenaline-packed roller-coaster ride for Bitcoin so far. Especially taking in the fact that it hit its highest record, crossing over 2,900 USD towards the end of June.

Here we are going to take a look at this year’s top bitcoin news from around the world.

 

BITCOIN VS. GOLD:

Who could’ve ever thought that something that exists virtually could cross the value of something as valuable as GOLD?

On March 3rd, 2017, the cryptocurrency set a fresh record of $1,268 while Gold rested at $1,233. The precious metal seemed to be having a bad month as it had dropped more than 2 percent within the same week. Meanwhile, Bitcoin seemed to be on the rise, with a 7 percent rise in a weeks’ time.

This cross is something that will always remain symbolic due to Bitcoin’s incomparable fighting power.

JAPAN:

The reasons behind the success of Bitcoin, particularly in 2017 could begin with the legalization of the cryptocurrency in Japan, which is Asia’s richest economy. Following the announcement, retailers and companies began queueing up to accept the popular digital currency. Moreover, the number of retail storefronts has risen to 300,000 in 2017 alone, things are definitely turning around for Japan.

Also, let us not forget that Japan has officially eliminated the tax on Bitcoin which is bound to drive an increase in Bitcoin trading.

RUSSIA:

Russia announced their legalization of the use of cryptocurrencies in 2017. Their government confirmed in late April, that a draft bill would create the legal framework for trading in cryptocurrencies. Surprisingly, this is coming exactly a year after the same Russian institutions had announced that anyone caught using Bitcoin or any other cryptocurrency would be jailed.

Why this change you may ask?

Russia plans on implementing the blockchain technology within its banking sector, to eliminate liquidity crisis and money laundering. Central authorities have closed down many banks but shutting down is not enough to wipe out frauds. Ultimately, authorities have decided to implement new technological applications that allow the government to surveillance people throughout. Thus, the sudden involvement is being shown in the digital world.

EDUCATIONAL INDUSTRY:

The University of Ohio has now officially begun hosting their first classes about Bitcoin and other cryptocurrencies as a part of its MFE curriculum. To follow up, several colleges have even started to accept Bitcoin as a payment method, a step that has definitely pushed Bitcoins to new heights.

In addition, two Montessori schools in Flatiron & Soho have now started to accept Bitcoin as a payment and 10 parents have already opted to enroll their kids using Bitcoin. Marco Ciocca, co-founder, and chairman of the schools added this payment option in June.

The above points prove that Bitcoin is becoming more and more popular as we type this article. People are intrigued to know more about the cryptocurrency and have adapted to the system to develop a better understanding. Obviously, because who wouldn’t want to exchange or shop for anything and everything without having to leave the comfort of their homes.

These are the major bitcoin highlights 2017 but, this is definitely not the end of it. Bitcoin is known for its staying power and we know that despite all of its competitors, it’s one tough cookie!

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