Cybersecurity firm, NortonLifeLock, has launched Norton Crypto, which allows consumers to “securely” own cryptocurrency through its Norton 360 product.
Starting June 3rd, select 360 users will be invited to join Norton’s Early Adopter Program ethereum mining. Norton also plans to open the mining service to its approximately 13 million 360 customers in the coming months. Norton emphasizes that its service allows users to mine without needing to turn off their antivirus software.
Speaking to CNN Business, Norton said it plans to support the mining of other “top cryptos that allow our members to receive the highest rewards for their computing ability”, adding:
“While the company will be a slow start, NortonLifeLock is looking at adding coveted cryptocurrencies in the future, with a focus on helping customers mine Ethereum securely.”
NortonLifeLock’s Chief Product Officer, Vincent Pilate, expressed his pride in making his firm the first cybersecurity company that allows miners to “securely and easily convert idle time on their PCs into an opportunity to earn digital currency.” “
Norton claims to offer better security features Existing Mining Protocols, stating: “Over the years, many coin makers have taken risks in the pursuit of cryptocurrencies, disabling their security to operate the coin and allowing untested code on their machines that may detract from their earnings. Or even ransomware.”
To help address the perceived risks, Norton said miners using its product will receive proceeds in Norton’s cloud-based wallet, reducing the risk of the wallet’s hard drive failure.
While Norton claims existing mining solutions that have not been tested appear flawed, contributions have been received from popular mining software Ethminer. 99 Since December 2013 individual developers – the code has been thoroughly peer-reviewed to certify it.