Norton's letting you mine crypto on your Antivirus
A safe mining software, or an unnecessary add-on?
Published: 4th June 2021 | Source: Norton |
Norton's letting you mine crypto on your Antivirus
NortonLifeLock, the creators of the Norton 360 Antivirus platform, is entering the cryptocurrency market with a new service called Norton Crypto. This new feature will be implemented into Norton 360, allowing their customers to mine cryptocurrencies using their Antivirus software.
Starting today, early adopters of Norton Crypto will be invited to mine Ethereum on their service, a popular cryptocurrency that plans to move away from mining later this year.
The irony of this business move is that Antivirus software often sees cryptocurrency mining programs as malicious software and that many hackers earn money by installing cryptocurrency miners onto the systems of those they attack. Norton plans to provide its users with cryptocurrency mining software that is safe and easy to use, relying on the trusted nature of their Norton 360 platform to gain support.
Below is a statement from Norton's CEO, Vincent Pilette.
Starting today, early adopters of Norton Crypto will be invited to mine Ethereum on their service, a popular cryptocurrency that plans to move away from mining later this year.
The irony of this business move is that Antivirus software often sees cryptocurrency mining programs as malicious software and that many hackers earn money by installing cryptocurrency miners onto the systems of those they attack. Norton plans to provide its users with cryptocurrency mining software that is safe and easy to use, relying on the trusted nature of their Norton 360 platform to gain support.
Below is a statement from Norton's CEO, Vincent Pilette.
As the crypto economy continues to become a more important part of our customers’ lives, we want to empower them to mine cryptocurrency with Norton, a brand they trust. Norton Crypto is yet another innovative example of how we are expanding our Cyber Safety platform to protect our customers’ ever-evolving digital lives.
Given Ethereum's planned move to a proof-of-stake will kill off cryptocurrency mining for the currency. This means that Norton Crypto will need to adopt a new cryptocurrency sometime in the near future. Without Ethereum, the value of Norton Crypto is questionable, though Norton sees long-term value in this enterprise.
You can join the discussion on Norton Crypto on the OC3D Forums.
Most Recent Comments
My question is, how does this benefit Norton? They must receive some crypto as commission or something. Not that I'd ever use Norton willingly though, even if they offered me a unicornQuote
Quote:
|
Originally Posted by g0ggles1994
My question is, how does this benefit Norton? They must receive some crypto as commission or something. Not that I'd ever use Norton willingly though, even if they offered me a unicorn
|
And even if that unicorn came with all the luck in the world and a big pile of cash, i'd still not use it!
This is a weird offering from Norton and i'm gonna be wondering how long it takes before this goes wrong in one way or another.Quote
CSS Valid