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Security
Table of Contents

  • 1. How secure is OneCoin?
    Show Answer
    The OneCoin technology - the protocol and the cryptography - has a strong security track record, and the OneCoin network is probably the biggest and most secure distributed computing project in the world. Unlike the software used by your bank, OneCoin has never been hacked, making OneCoin significantly more secure than any bank.

    The OneCoinCloud Hacking Challenge is now over, but we have good news about the results. During the past three months of June thru August 2016, over 300 hackers attempted to break through our state-of-the-art security system to receive the 100,000 EUR or 100,000 OneCoin prize. None of them managed to hack the system, which proves that our encrypted cloud storage system is one of the safest places for your files! OneCoinCloud is a unique cloud storage platform exclusively offered and developed for all OneCoin members. We take pride in the level of protection and security the company provides and we can GUARANTEE that the OneCoinCloud storage does not fall short on that promise. It is one of the most secure cloud storage solutions available on the market and it protects YOUR files, even from us! Our team is not able to access any of your decrypted, hosted data. We have zero knowledge about your files and all of the information you store in your account is automatically encrypted on your devices, so YOU are the only one who has the key to lock and unlock that information.

    OneCoin is the only Digital Currency to ever be audited.
    1. Auditor has no conflict of interest with OneCoin.
    2. Auditor has computer engineering background before becoming an accountant/auditor.
    3. Audits are conducted monthly.
    4. Auditor explains some of the technical details of this type of audit.
    5. The importance of global trust of OneCoin was behind the never before conducted Digital Currency audits.

    Dr. Ruja Ignatova interview with auditor Deyan Dimitrov (17 minutes)



  • 2. What would happen if the Internet collapsed?
    Show Answer
    The Internet is robust. It's not dependent upon a single machine or cable. It's a network made up of other computer networks. It spans the globe. Connections cross over continents, under oceans and through space via satellites. And as the Internet has grown, so has our dependence upon it.

    Connections across the Internet are flexible. When you use your computer to contact another machine on the Internet, the data could cross one of millions of pathways. Whenever you download a file, the file comes to your machine in electronic data packets that travel across the Internet. The packets don't all take the same path -- the traffic routes are dynamic. If a particular connection is damaged or unresponsive, the data can follow a different path to reach your machine.

    This makes the Internet a reliable communications resource. Even if an entire section of the Internet were to go offline in the wake of a natural disaster or a nuclear attack, other sections could remain functional. While any data stored on machines that were hit by the disaster might be lost, the Internet itself would remain.

    It's almost impossible to imagine a set of circumstances that could cause the Internet to collapse. It would require destruction on such a widespread scale that the loss of the Internet would probably be the least of our worries.

    In a recent TED talk, Danny Hillis, who just so happens to be the third person ever to register a domain name on the Internet and was around during its formative early days, pointed out something that may surprise you: If the Internet was taken out by a virus, an accident, or a deliberate, concentrated attack, we have no "plan B." And because so many surprising services and systems rely on the Net today, much of what makes our society work could simply cease functioning. At least until the Internet is either restored or a shadow network is built to take its place.

    Danny Hillis, computer theorist, inventor, scientist, author, engineer — over his broad career, Danny Hillis has turned his ever-searching brain on an array of subjects, with surprising results - 13 minute video



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