The Urge to Crypto Mine May Give Rise to Crime

The news from all over the world has been telling a different story towards the rising crime activities in order to mine the cryptocurrencies relaying on blockchain technologies. Every change has two aspects of it, one that gives immense benefits and the other is a myth breaker and lets you in the dark reality. The reason for the talk of the other side of the coin is the hacking of servers for bitcoin mining purposes in order to increase the incentives earned by the miners for maximizing their blocks. Let us not make vague assumptions and take a look at the news that depicts the origin of a different crime category in cybercrimes.

• Russian scientist arrested for crypto mining

Now one might wonder there is no ban on mining so why did the Russian scientist got arrested well the mining of rewards you with bitcoins and one can buy almost everything with this currency. The scientist used the supercomputers for mining which denied private access and the security system figured the unwanted activities.

• Hijacking UK government Computers for mining

The hackers have hijacked up to 4700 websites worldwide to power the mining of cryptocurrencies. The hackers always find a smart way but with unethical means, in this case, they planted the virus named coinhive into the software that was used by the websites in the UK and on every click the officials and students made, it would redirect the access of the users' device to the hacker's computer. Doing this would slow down the users' device speeds including laptops, mobile phones and of course computer. This power is used by the hackers for crypto mining which generates new cryptocurrency as the reward for them and later can be withdrawn as real money.

• Japenese cryptocurrency exchange hacked and lost $500 Million

The Japenese cryptocurrency exchange named coinheck saw a transaction to an unknown hot wallet, a storage wallet through the internet. This was a local wallet and the transaction took place at 3 a.m. The total loss faced by the exchange was $58 billion yen although the transactions were the attempt to steal was made by the hackers.

The above latest hacks of 2018 calls for some cybersecurity measures by the lawmakers, the researchers, and the coders. The most widely used Internet-based power devices are Smartphone and the accessibility is easy, therefore mobile app development companies can be next stop for hackers to party. Introducing a hacker app to drain the power of mobile phones can be one possibility to use this power for cryptocurrency mining and what not?

To wrap up

Although the creators might have passed the mathematical function through all sort of hacks possible the hackers are as capable as the creators, they eventually found a way to crack those codes and the only way to stop is to prepare for the risk and come up with a safety net for cryptocurrency by the entire community may it be mobile app developers , IT professionals or scientists. The unethical hackers have already originated crime against cryptocurrencies so a common man should invest in cryptocurrency or not? This can only be witnessed over time and till then if you want a security mobile app to secure your payment gateways contact Fluper.

Need instant success for your Mobile Application? Make it an overnight sensation

Mobile app development market is being highly saturated with each passing day. Customers have more than one application available in the app store when looking up for an immediate answer to their problems. Surviving is getting tougher for aspiring developers recently.

Also Read: 6 essential mobile app marketing metrics

Taking a step back into the year gone by, the statistics reflect the level of competition a developer has to face when releasing an application into the market.

The market does look quite promising but highly competitive at the same time. And, the only answer to the survival of the fittest is but to go viral. But, developing a Viral Content is definitely not a child’s game. Creating a habit-forming, sticky mobile application needs careful planning as well as data-driven strategies along with the extra touch of your grey cell. Two questions must be probing your brain right now. Let’s answer each one at a time.

Also Read: Virally inducing app installation through 5 quick steps

Why is viral marketing becoming a game-changer for top-rated mobile application development companies like Fluper?

è  Far-reaching spider network of the endless social media sites, which are the intermediaries for users to reach out to limitless updates and remain digitally social even with users who are physically situated in an entirely different country altogether. The world has shrunk to the size of our smartphone. A single yet an interesting news-on-demand spread with the speed of light. Technology has a direct hand in multiplying the network effect in both numbers and global influence to accentuate virally the trending content.

è Grab mass attention and create instant awareness among customers if the product or the application is in demand and creative enough to arrest any casual onlooker’s attention as well. Viral marketing is also the perfect solution to establish a brand name as well.

è Any developer or product manufacturer can easily measure effectiveness with in-build metrics to understand if the campaign is a success or not. Views, likes, re-tweets are the most basic measurement metrics which the campaigner can make use of. There are other methods as well but the viral marketing campaign fetches instant result. Whether or not the campaign is a success, the digitally socialized viewers will tell you. 

è Restrain or experience a blast where virally spreading the word depends on the customers and not the initiator. But such marketing strategies are not void of risks such as loss of control over the content spread. The impact of such tricks either pushes back or pulls in customers.

Also Read: Success story behind a successful mobile app 2017

The importance of viral marketing brings us to yet another question- What are the simple tricks to viral an application???

ü  Choose the correct advisor or partner is advisable especially if you are an amateur in the app development world. The market is competitive and virally spreading the application is not an easy task. Choosing the right partner and teammates does matter.

ü  The app either must deliver value or is somewhat extraordinary else, it will not go viral on any platform.

ü  Application in question must be or rather has to be USER-FRIENDLY since simplicity is the first step towards creating a viral content else user-hostility will damage the viral campaign.

ü  Limit initial access to make the app go viral but limit the first access yet maintain the ongoing buzz around the application. The app name will spread based on a word- of-mouth marketing strategy.

ü  Tempting viewers with gripping incentives, such that they are motivated enough to spread the word for you.

Closing words

Gone are the days when word-of-mouth is the sole viral marketing tool to spread the word like wildfire. But brands and best mobile application development companies have finally realized viral marketing actually works. However, it has to be eye-catchy enough to compel the viewer to actually spend some time on it and then spread the word to their contacts.

To sustain in the competitive world, application development companies must develop an over-night sensation else struggle to stay up with the others in the app store.

WhAt Do YoU WaNt FoR YoUr ApPlIcAtIoN??????