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You're reading from  Ripple Quick Start Guide

Product typeBook
Published inDec 2018
Reading LevelIntermediate
PublisherPackt
ISBN-139781789532197
Edition1st Edition
Languages
C++
Concepts
Cryptocurrency
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Author (1)
Febin John James
Febin John James
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Febin John James

Febin John James is presently working on building autonomous lending and borrowing protocol on the Ethereum blockchain. He also works as a tech and marketing consultant to ICOs and blockchain-based start-ups. He has years of experience in building and scaling tech architectures from scratch. His blockchain stories on Medium have gained a lot of popularity and have been translated into multiple languages. He writes for well-known publications such as Hacker Noon and freeCodeCamp. He is also the author of the book, Cloud is a Piece of Cake. Previously, he worked as the CTO of Boutline, a sports start-up. He has also bagged devices, cash prizes, and recognition from companies such as Intel, Blackberry, and Microsoft.
Read more about Febin John James

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Protecting your Ripples

There have been a lot of incidents where cryptocurrencies were lost due to hacking and human error. In this section, we will look at how we can protect our Ripples.

Don't leave your Ripples on centralized exchanges

Leaving cryptocurrencies in centralized exchanges is a bad idea. Since they store these keys in a single database, when their database is compromised, our accounts can be hacked. In the past, bitcoins worth billions of dollars have been stolen from centralized exchanges. You can either use decentralized exchanges or withdraw your funds to your hardware/paper wallets. This process will be difficult for most traders, but it's a necessary precaution.

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Ripple Quick Start Guide
Published in: Dec 2018Publisher: PacktISBN-13: 9781789532197
© 2018 Packt Publishing Limited All Rights Reserved

Author (1)

author image
Febin John James

Febin John James is presently working on building autonomous lending and borrowing protocol on the Ethereum blockchain. He also works as a tech and marketing consultant to ICOs and blockchain-based start-ups. He has years of experience in building and scaling tech architectures from scratch. His blockchain stories on Medium have gained a lot of popularity and have been translated into multiple languages. He writes for well-known publications such as Hacker Noon and freeCodeCamp. He is also the author of the book, Cloud is a Piece of Cake. Previously, he worked as the CTO of Boutline, a sports start-up. He has also bagged devices, cash prizes, and recognition from companies such as Intel, Blackberry, and Microsoft.
Read more about Febin John James

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