Safety and security solutions of Bcnex
Welcome to my article !!!
In the previous article, I introduced Bcnex's technical platform solutions. Today I will introduce to you that is about safety and security on Bcnex.
First that is Multi-layer security architecture
Bcnex has been engineered from the ground up with security in mind. To ensure this,
they are deploying system security across multiple layers, including (but not limited to):
robust firewalls, anti-DOS tools, and multiple user alerts. If abnormal activity is detected,
Bcnex blocks the account for a certain period of time and alerts the owner of the ac-
count. The use of Google/SMS 2FA Authentication is required when the users perform
any action relating to security and withdrawals on the platform as an additional mea-
sure of security. In addition to the process of KYC (Know Your Customer) before at-
tempting to perform any transaction-related behaviors. They will make efforts to ensure
security of all users' crypto assets, aiming to achieve banking industry level auditing and
security compliance.
Second that is Optimal wallet solution
Considering that large balances of cryptocurrencies are being stored on major exchanges, it is important to have a strong system to keep user funds secure. After a long period of research and cooperation with security firms, we have designed a complete- ly secure solution even in the event that the system is compromised, while still ensuring the system's liquidity. Our solution consists of a combination of a hot wallet, a cold wallet, and secure hardware. Our wallet operational structures are similar to those applied by banks, ISP providers, and the governments of developed countries. The vast majority of Bc- nex's digital assets (98%) are stored in various cold wallets, completely separate from the Internet and immune to malicious attacks. The remaining balance is in the hot wallets that are enough to cover daily withdrawal amounts of users.
To enhance the security of our wallet. They use hardware modules that perform transaction authentication with 2FA locks, limit the transaction amount for a period of time, and sign and send transactions to the blockchain. These modules have automatic periodic checks and will stop working if interference is detected. With these high security measures in place, the Bcnex wallet system ensures the security of users' assets.
Conclude:
Overall, Bcnex's solution and system security issues have seen the problems of the current market. But I still need time to come up with their exact solution. And through the article I want to tell you this is only informational and not considered investment advice. Thank you for reading this article !!!
Media socical
Website: https://www.bcnex.net/register.html?jK4zOwVFGl
Whitepaper: https://www.bcnex.net/BCNEX_WP_ENG.html
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