Tag Archives: storage

How to store the cryptocurrency safely? – Brief guide

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Getting cryptocurrency is one thing while storing it safely requires entirely different skills and knowledge. This guide teaches you how to protect your funds, choose the right wallet, and avoid the most common hazards of crypto security.

Crypto Wallet

A cryptocurrency wallet is a software program designed to store your public and private keys, send and receive digital currencies, monitor their balance, and interact with various blockchains. You need to have a cryptocurrency wallet to manage your crypto assets and keep them secure.

There are many cryptocurrency wallets out there, but the essential distinction between them is whether they are hot or cold.

Hot wallet

Cold wallet

Hot wallet – A hot wallet is connected to the internet and can be accessed at any time. It includes all online cloud wallets, most mobile, and software wallets, and exchanges.

Cold wallet – A cold wallet is not connected to the internet and allows you to store your funds offline. You can still receive funds at any time, but no one can transfer them out. Cold wallets are hardware wallets, offline kept paper wallets, USB and offline similar data storage devices, and even physical bearer items such as physical Bitcoins.

Most cryptocurrency holders use both cold and hot wallets. Hot wallets are handy for frequent trading, while cold wallets are better for long-term holding of crypto assets.

Types Of Cryptocurrency Wallets

There are four distinct categories of cryptocurrency wallets

Paper Wallets

Cloud Wallets

Software Wallets

Hardware Wallets

Paper Wallets

Paper wallets are generally classified as cold storage. The term “paper wallet” generally refers to a physical copy or paper print of your public and private keys. Other times it means the software is used to generate a pair of keys along with a digital file for printing. Whichever the case, paper wallets can grant you a relatively high level of security. You can import your paper wallet into a software client or simply scan its QR code to move your funds.

If a paper wallet is available for the cryptocurrency of your choice, you’re likely to find a guide on how to make one on the project’s website or community page.

Although paper wallets are cold, they come with their share of risks, too. For instance, paper wallets can be easily damaged, burned, easy to copy and take pictures, and require mutual trust if you’re not making one yourself. To make paper wallets less fragile, sometimes people laminate them, create multiple copies and store them in different locations, engrave them on pieces of metal or other sturdy materials, etc.

Cloud Wallets

Online wallets, by definition, are hot. Using a cloud wallet, your funds can be accessed from any computer, device, or location. They are super convenient, but they store your private keys online and can be controlled by third parties. Therefore, they are more vulnerable to attacks and theft by design. 

A safer version of cloud wallets is non-custodial online wallets. They are accessible via the web and apps but the service provider does not have access to your private keys. In most cases, not custodial wallets are a part of the exchange platform, meaning that they let you trade your coins in a safe and secure manner.

Software Wallets

Software wallets are downloaded and installed on a personal computer or smartphone. They are hot wallets. Both desktop and mobile wallets offer a high level of security; however, they cannot protect you against hacks and viruses, so you should try your best to stay malware-free. As a rule, mobile wallets are way smaller and simpler than desktop wallets, but you can easily manage your funds using both of them. Besides, some software wallets allow you to access funds via multiple devices simultaneously, including smartphones, laptops, and even hardware wallets.

Hardware Wallets

Unlike software wallets, hardware wallets store your private keys on an external device like a USB. They are entirely cold and secure. Also, they are capable of making online payments, too. Some hardware wallets are compatible with web interfaces and support multiple currencies. They are designed to make transactions easy and convenient, so all you need to do is plug it in any online device, unlock your wallet, send currency, and confirm a transaction. Hardware wallets are considered the safest means of storing crypto assets. The only drawback is that they aren’t free to use.

Bottom line

Typically, your wallet choice depends on your portfolio. Every serious project should have its native wallet which should be found on its website, but sometimes it may be more convenient to have a multicurrency wallet. Keep in mind that not all multicurrency wallets support all coins. Even hardware wallets have a limited amount of coins they support. On the other hand, there’s no shortage of wallets for popular cryptocurrencies like Bitcoin or Ethereum.

Secure Cloud Hosting And Storage For Your Business

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When an organization decides to start using secure cloud hosting storage solutions, one of the first questions that usually comes up is how to secure data that is loaded to the cloud. In this post, you’ll know about secure cloud storage for business, and what you should be looking for to keep your data safe.

Secure Cloud Hosting – What To Look For

At a minimum, when shopping for secure cloud storage for business, you should be looking at:

1. How much support the cloud service provider (CSP) can/will provide
2. Levels of encryption
3. Speed (both in terms of accessibility and in upload/download times)
4. Their experience working with companies like yours
5. The cost for the services and support offered

Types Of Secure Cloud Hosting Environments

There are three basic environment types of secure cloud hosting:

1. Private: in-house
2. Public: built and managed via a third-party, and
3. Hybrid: a combination of public and private

The type of secure cloud storage for the business you choose will depend largely on time and resources and the availability of space and personnel to build and maintain storage servers. Because of these factors, many companies choose to partner with third parties to help them with their secure cloud hosting solutions.

Common business models that provide secure cloud hosting include, but aren’t limited to, software as a service (SaaS), platform as a service (PaaS), and infrastructure as a service (IaaS). 

Additional Ways For Keeping Cloud Data Secure

How to secure data is not just about the CSP you’re using, but also how you use it. For example, if you have a single login for everyone on your team to use, that’s not very secure. But, if all of your team members have their credentials, and each person is given only the access they need to specific files, it’s significantly more secure. When using secure cloud hosting it’s a good idea to:

1. Require strong passwords and multi-factor authentication
2. Only give the users that need access the clearance to view the data most relevant to them
3. Utilize a web application firewall (WAF) when accessing your secure cloud hosting to block malicious traffic
4. Encrypt data before you load it
5. Backup data off-site regularly
6. Use website scanning tools

It’s often said that the best defense is a good offense. And, when you have security top of mind, you’re miles ahead of companies who don’t proactively take steps to secure their data.

Why digital photo frames are crucial in keeping your memories alive?

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What’s a digital photo frame?

A digital photo frame is also called a digital media frame that is used to display photos. A computer or printer doesn’t require to display the photos. It’s a small LCD monitor that’s designed to look like a regular picture frame. Most of the digital photo frames can be set up in either portrait or landscape orientation. It has a feature to “play” a slide show of its contents. A digital picture frame includes a built-in memory and a memory card slot that allows you to increase the storage capacity.

How does it work?

Numerous companies have made digital picture frames. The frames are somewhat similar in construction, though they do offer some different features. In this section, we will know about how Skylight’s digital photo works. 

The frame is simple like a computer. It has most of the same components as the computer, but only performs a single task. First, use the touch screen to connect to Wi-Fi and choose a unique skylight email address for your frame to send photos. After choosing the email send photo’s from your phone or computer, and photos arrive in seconds. Usually, skylight requires Wi-Fi to receive new photos. But you can view your existing photos without a Wi-Fi connection. Now you can swipe through photos, browse the gallery, delete photos, or pause the slideshow. Also, a button pops-up on the touchscreen whenever you get new photos.

The benefits of using digital photo frames

Without printing

Since these photo frames are entirely digital, you will never need to print any of the photos you catch with your digital camera. It may not look great, but if you regularly want the latest photos to appear in your photo frames, you have to expend more money on printing new pictures or using expensive ink from your printer. You should not bother about the quality of the photo because the LCD panel in all digital photo frames can display images that look like real objects.

Easier to use

Replacing a photo fixed on a traditional frame is greatly simplified when you take an old photo and insert a new one. Nevertheless, do not forget all the effort needed to obtain photos designed in a suitable size. Nothing could be simpler than inserting a memory card from a camera or a USB flash drive filled with photos, and then choosing which images to show from there. After you want to show another image, all you need to do is simply set it in the frame, and it should show up instantly.

Conclusion

One of the most reliable ways to share your photos with family and friends is with a digital photo frame. A digital photo frame has various shapes and sizes, just like normal photo frames. It has an LCD screen that shows multiple different photos in a slideshow mode. You also have the opportunity to decide how to move photos transition from one to the other. Digital photo frames are an impressive and innovative way to show your images unforgettably. You can share these special memories in all the ways that were never possible before.