Bitcoin : Main security principles
**Safety and security.** *Proactive security management under recognized Industry standard.*
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**Twelve major cornerstones of security and safe operation:**
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1) Cutting edge, **blockchain based technology** used for web development;
2) Distributed **access management system** eliminates hacks and wallet theft;
3) Platform designed with best practices and recommendations of recognized experts, notably models and guidance from **OWASP** (r/https://www.owasp.org/);
4) Intrusion detection and prevention tools, **system monitoring**, multiple levels of protection make successive attacks highly improbable;
5) Additional layer of security is provided by the **2-step verification process**;
6) All transactions are verified and analyzed by [**https://crystalblockchain.com**](https://crystalblockchain.com/)**;**
7) System of effective **Ddos-attack deflection** regardless of its complexity;
8) Usage of **multi-signature wallets located on secure servers** without network connection;
9) An **additional confirmation by Email, SMS or 2FA** is required to withdraw funds;
10) Only the clients that pass through **KYC verification** have full functional access to the system.
11) The collateral **amount is stored at the individual client’s address** and doesn’t move unless there is a transfer ticket. Anybody can check it using blockchain (in plan).
12) The **smart contract’s** source code is publicly available. Anyone can audit it and check its functionality (in plan).
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We are excited to announce the **most secure P2P lending platform** – [Lendabit.com](https://Lendabit.com)
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https://i.redd.it/ma8sgugbd6n11.png
Bitcoin
Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority.
FindCrypto scans the web for the latest Bitcoin news, so you can find all the latest and breaking news in one convenient location.Author: LendaBit
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