Raising the Drawbridge: Security-Conscious Cryptocurrencies DogeMiyagi, Solana, and Chainlink’s Plans to Keep Hackers Out

2023-05-22 11:23:59

With any digital-based currency, there is the ever-looming threat of hackers and scammers that will attempt to breach security measures to steal individuals’ money, and this threat has been a worry for many potential investors looking at getting into the crypto market. DogeMiyagi (MIYAGI), Solana (SOL), and Chainlink (LINK) have all been putting measures in place to ensure the safety of investors’ money, so they can join in the fun of trading without any niggling worries.

DogeMiyagi Guarded by Protector Ethereum

DogeMiyagi (MIYAGI) is a new cryptocurrency that is bursting onto the market with its successful presale, which has already raised around $100,000 from sales. Operating on the Ethereum (ETH) blockchain, MIYAGI boasts the incredible security that this network provides, as well as great transaction speeds and very low fees. By building on the ETH network, MIYAGI has shown that it holds user security very high in its priorities, as ETH is committed to ensuring the minimisation of potential scams by educating its users and creating a robust that can withstand attempts from hackers to access your funds.

Solana Hunting for Bugs

Solana (SOL) is another crypto coin that is dedicated to securing its network, and it does this by encouraging investors of the currency to become validators, further decentralising and securing the network. SOL also offers a “bug bounty” programme, offering rewards to security researchers who discover any bugs in the that could compromise their security and stability, and because of this SOL users ardently search for any potential issues, helping to make it one of the most secure networks on the crypto market. They take any reports of these incidents very seriously and aim to tackle them in as little time as possible and reward those who discover these bugs generously.

More Than Just a Chainlink Fence

Chainlink (LINK) also endeavours to create a secure cryptocurrency that is safe from attempted breaches. LINK has three different checkpoints to ensure that the data being transferred is accurate and reduces the risk of vulnerabilities or manipulation. Data is verified by a decentralised voting and is only uted when this data is authenticated multiple times, and uses randomisation techniques in selecting these oracles to prevent hackers from coordinating an attack as they do not know when their data will be chosen. There is also the option to choose the level of security within oracles, so a LINK node operator can select a highly decentralised node and sign their data to ensure its authenticity. LINK also uses a reputation and certification to ensure that oracles are performing in the best possible manner, rejecting problematic nodes that submit inaccurate data.

Advancements in the security within crypto are being made every day, and investors are becoming less and less vulnerable to malicious hackers in the scene as platforms take responsibility for the well-being and safety of their users. DogeMiyagi (MIYAGI), Solana (SOL), and Chainlink (LINK) have all made decisions about the running of these currencies to secure the platforms, and therefore investors can enjoy the game of crypto without worrying that it could all be taken from them in a moment.