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STEGOS FIXES SECURITY LAPSES ON BLOCKCHAIN. by chomsy

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· @chomsy ·
STEGOS FIXES SECURITY LAPSES ON BLOCKCHAIN.
https://youtu.be/D9H_d7qCPlo

The security of lives and property is not limited to the physical environment. There are now proliferation in the numbers of security threats around the world. From the palpable compromise of users’ data by banks and other real world establishments to the growing security challenges in the decentralized community, it has become clear that “security is nobody's business,” as everyone is now left to protect him or herself.

But, how did we get here in the first place? Why has everywhere suddenly become a threat to our security and that of our personal information? The fact is that the overt control and monopoly that exists in many systems and industries are part of the reasoba why security issues would still be on the rise.


**BACKGROUND OF THE PROBLEM** 

If security threats are as high as has been asserted, then what are some of the media that occur? Highlighted below are some of the avenues to the growing security threats around the world.

The first emanates from the centralized and real world platforms. For instance, social networks like Facebook and Twitter have been in the business of concerning the information of their users into a money-spinner. By selling or trading off the data to the government of the day or any other establishments that might want it, it becomes evidnet that the information we share online is compromised.

More so, the use of physical currencies isn't free of the centralized control either. Sadly, banks and many other centralized platforms control the financial systems in a way that the users tend to be under their control and do the will of the platforms at all times.

On the other hand, it's ironical that the Blockchain technology and the underlying currency (Cryptocurrency) were not able to scaled through the centralized methods in the real world. Despite the toutesd issuance of privacy coins, only a little has been seen about the privatization of these crypto coins.


**THE STEGOS SOLUTION** 

It's in the light of the aforementioned issues and many others that the Stegos Blockchain was launched to cater to the needs of cryptocurrency investors. The platform works in hybrid format whereby it issues both the privacy-focus  cryptocurrency and the fully secure blockchain platform. So, if you've been looking for a platform that guarantees the privacy of the users and their assets, then you can be confident that the Stegos Blockchain is the place to be 

![IMG_20191026_065948.jpg](https://cdn.steemitimages.com/DQma4UGQcFQoojGsW7axL1ovsNzeiRnpTA42Xqp6fBeLsGv/IMG_20191026_065948.jpg)[Credit](https://www.facebook.com/stegos privacy)

**FEATURES** 

There are many privacy crypto coins, such as Dash and Monero. So, what are the features or properties that can aid Stegos in scaling through the burgeoning privacy market? The features and properties of the project as detailed below gives you an insight into the things to expect.

*Scalability*

It's no secret that the limited speed of facilitating transactions are part of the reasons why the duo of Blockchain technology and cryptocurrencies haven't been able to make headway. It's absurd that the two, which promised to boost the speed of transactions that were lagging on the centralized platforms have done little to that end.

On the other hand, Stegos promises to work harder to that end by reducing the number of activities that go on in the blockchain network. By keeping the transactions and other activities on the low, it would be easier to scale or complete them in real-time.

*Cryptographic Pruning*

Whether you're a credit user or a trader, you must have realized that the hacks in recent times on cryptocurrency exchanges are not unconnected to the security lapses on the part of the platforms.

In the light of that, the Stegos Blockchain has provided built-in cryptographic pruning. The concept means that the cryptocurrency users and investors can be confident of not losing their information.

By delegating the Cryptographic Pruning option, Stegos has been able to facilitate the details about the data, as well as the crypto coins sent and received on the platform. That way, hackers wouldn't be able to get hands on the actual number for transactions facilitated through the platform.

*Hybrid Architecture*

Salary of the resolve to give the cryptocurrency users and investors value for their investments, the Stegos Blockchain cum privacy-focused coin makes it easier for the investors/users to use both the secure blockchain network and the secure privacy coin.

You would agree that this is perhaps the first Tim that atruly secure and privacy-focused platform is debuting on the blockchain network in full force.

*Mobile Application*

The dedicated mobile app is the last but not the least of the properties of the Stegos platform. The primary aim of the mobile application notwithstanding, the users can also leverage it as gateway into the broader Stegos ecosystem.

Moreover, the mobile application incorporates many other tools, such as the Trusted Application Container (TAC) that empowers the developers to develop and delegate privacy applications. Others are support for group chat and the dedicated App Store where the can download and install private applications.

https://youtu.be/RyMQgAPzqTg

**CONCLUSION**

The Stegos Blockchain has to come to stay. It comes with many tidings, such as the delegation of a mobile application for swift communication, and the privacy crypto coins for unlimited and secure cryptocurrency transactions.

So, if you've been looking out for a cryptocurrency or platform that is fully private and transparent, then the Stegos Blockchain is the place to be.


https://youtu.be/mKPzMSFWVR0

**USEFUL LINKS**
Website: https://stegos.com/
Whitepaper: https://stegos.com/docs/stegos-whitepaper.pdf
Telegram: https://t.me/stegos4privacy
Twitter: https://twitter.com/stegos4privacy
Facebook: https://www.facebook.com/stegos4privacy
Youtube: https://www.youtube.com/channel/UCeYp3J_rqsTvfliowTHvfDQ?view_as=subscriber

*WRITER: Chomsy*
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