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Topic: Bitcoin can be hacked? - page 10. (Read 3953 times)

newbie
Activity: 74
Merit: 0
January 12, 2018, 02:31:14 PM
Bitcoin can't be hacked because bitcoin is invulnerable. Bitcoin was discovered long time ago but there is no one could ever hacked bitcoin, I know that many people wants to hack it because they want to get bitcoins in just easy ways but if there is a man that could hacked the bitcoin is surely the richest, smartest and wise guy in the whole world.
member
Activity: 112
Merit: 10
January 12, 2018, 02:28:27 PM
Take, for example, DDoS - attack. The principle of the DDoS action is inseparable from the nature of the "single point of failure" in centralized systems, which allows attackers to break the entire system by attacking one point. Bitcoin is an ideal tool for resistance to DDoS attacks, although at present the fixed block size of 1 MB strangles the network
sr. member
Activity: 588
Merit: 250
January 12, 2018, 12:40:39 PM
I do not expect that, it is inevitable that bitcoin will attract everyone to commit a crime. including hackers.
even I am reluctant to think bad things.
full member
Activity: 392
Merit: 100
January 12, 2018, 12:36:07 PM
I love the concept of Bitcoin. I believe the Internet will redefine currency as we know it.  I hope this helps the Bitcoin community to develop a currency that's really resilient to attacks.

But, is it possible?


no system can not be hacked. but it is not as easy as turning a palm to hack a bitcoin or an exchange. I am sure, developers such as exchange or wallet developers. has made a lot of security to block incoming attacks.
newbie
Activity: 39
Merit: 0
January 12, 2018, 12:33:56 PM
well, the creator bitkoynov died and she was conceived as an autonomous independent currency so that hardly anyone will be able to intervene in them
 Grin Grin
member
Activity: 350
Merit: 10
January 12, 2018, 12:22:40 PM
Bitcoin can't be hack because its so hard to do, because the concept is based on decentralization  but if bitcoin wallet yes its possible, many others will be in the future because wallets security depends on the user himself, we are the responsible to protect are btc wallet.
full member
Activity: 224
Merit: 101
January 12, 2018, 11:17:51 AM
I'm not say bitcoin can be hacked, bitcoin can be hacked but it will very long time to tbe hacked and maybe that just 1 chain on the blockchain. instead of hacking bitcoin the hackers prefer hacking to get bitcoins. many hackers are hacking into companies and agencies to exploit their server resources to run hidden mining. there are also hackers who hack a third party like an exchanger or wallet app to send bitcoins to their wallet. they do all that because they know that if they try to hack the bitcoin directly it will only waste their time.
full member
Activity: 122
Merit: 100
January 12, 2018, 11:03:20 AM
Bitcoin is digital money, all its activities and transactions are thanks to the internet. Therefore, bitcoin can be attacked. If investors are not careful they may be attacked by bitcoin hackers.
newbie
Activity: 182
Merit: 0
January 12, 2018, 10:54:54 AM
There are two Bitcoins:

Bitcoin protocol: The technology that makes up the protocol.
Bitcoin blockchain: The most popular implementation of the technology.
The Bitcoin protocol uses cryptographic technology that has not yet been hacked. (If it were hacked, there are much bigger problems to worry about).

The Bitcoin blockchain relies on a network of operators to make sure the blockchain/ledger/database tracking BTC accounts and balances is current and reliable.

What makes the Bitcoin blockchain theoretically reliable is that no single operator can make unilateral changes to the database. To do so would require controlling a majority of the computing power used to validate changes to the database.
newbie
Activity: 6
Merit: 0
January 11, 2018, 03:52:17 PM
I say that they try to do so, but good luck to them because Bitcoin has a high security system that bans the third-parties to penetrate their system. That is why users feel very secured in here.
newbie
Activity: 2
Merit: 0
January 11, 2018, 03:11:40 PM
YES
WE CAN HAKED BITCOIN
member
Activity: 336
Merit: 10
January 11, 2018, 03:03:27 PM
Yes it can be hacked but it is so difficult, because there's too much security in terms of bitcoin and if it is happen it will recover easy and fast.
hero member
Activity: 1092
Merit: 501
January 11, 2018, 03:01:14 PM

I think not, bitcoin is quite difficult to hack. but if on wallet and exchange I think always have a risk. yes we know many of hacker always eyeing wallets and exchange markets. so we need to be more careful again to overcome something that does not want to happen.
If we talk about bitcoin being hacked due to its algorithm or the technology used in its creation, that would be probably not true because it uses one of the strongest and unbreakable algo which is SHA256 its mean that as a Secure Hash Algorithm based upon 32 bytes. Now breaking a hash with such a large space of possible combinations is not practical in reality. If bitcoin is hacked, it can be a fault of the holder or the exchange.
member
Activity: 322
Merit: 10
January 11, 2018, 01:45:34 PM
I think bitcoin can not be hacked because Blockchain, the underlying technology behind bitcoin has no history of such attacks.but if you mean bitcoin wallets then ans is yes.
Bitcoin is a digital currency and hackers also using internet to hack some ting and as far as I know about bitcoin its now very strong because in past a lot of forks and challenges bitcoin have faced and the way bitcoin fight against them I can’t tell you because of only bitcoin defeat them but it reached to many rich countries and now they all are supporting bitcoin because bitcoin is one of the best currency in market and ever one they support bitcoin.
legendary
Activity: 2030
Merit: 1028
January 09, 2018, 02:38:08 AM
Yes, all could happen, so far some people in a country like south korea have lost their bitcoin. I hope the incident will not happen again, hopefully the future bitcoin technology increasingly difficult to hack



If this keep happening, I'm afraid that one day Korean government decide to ban bitcoin officially.
I trust bitcoin security still the best so we must more clever than smart hacker recently to prevent hacking accident in the future
full member
Activity: 532
Merit: 170
January 09, 2018, 02:31:22 AM

I think not, bitcoin is quite difficult to hack. but if on wallet and exchange I think always have a risk. yes we know many of hacker always eyeing wallets and exchange markets. so we need to be more careful again to overcome something that does not want to happen.
jr. member
Activity: 84
Merit: 3
January 09, 2018, 02:30:36 AM
Yes, all could happen, so far some people in a country like south korea have lost their bitcoin. I hope the incident will not happen again, hopefully the future bitcoin technology increasingly difficult to hack

full member
Activity: 336
Merit: 121
January 09, 2018, 02:22:36 AM
I don't think so that bitcoin can be hacked in this era. Because Bitcoin security is very high and there is no such way that anyone can hacked BTC and according to my experience if it was possible to hack BTC then BTC will be hacked still but i think all hacker will have tried their best but they have find no way. BTC is most secure and due to this security big investors are involve here investing their money.
member
Activity: 98
Merit: 10
January 09, 2018, 02:07:00 AM
I love the concept of Bitcoin. I believe the Internet will redefine currency as we know it.  I hope this helps the Bitcoin community to develop a currency that's really resilient to attacks.

But, is it possible?
Its possible that your bitcoin can be hacked because even blockchain is more growing up it means the hackers are also growing up because the more technology they learn the more they can gained knowledge about hacking. Btw there are two types of hackers the professionals and the moron hackers. The professionals will hacked those who have much money in the wallet and the moron hackers is the one who will hacked every wallet they know.
sr. member
Activity: 546
Merit: 250
January 09, 2018, 02:02:20 AM
I love the concept of Bitcoin. I believe the Internet will redefine currency as we know it.  I hope this helps the Bitcoin community to develop a currency that's really resilient to attacks.

But, is it possible?


I don't know, I hope it will never happen. in a system, all always have weaknesses and protect the server. but so far, bitcoin has no problem, it's just that some hacking happens on wallet and exchange.
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