Topic: Bitcoin can be hacked? - page 3. (Read 2756 times)
In the near future, no. Your Bitcoin is not likely a to be hacked through classical computing attacks. However, there is a 15% chance quantum computing will render bitcoins current encryption methodology vulnerable. So if you are looking at a time frame of 7-15 years, then yes. That is when the risk of loss in Bitcoin may increase. Financial and governmental institutions are already making preparations because of the infrastructural necessities of post quantum security.
Bitcoin itself is theoretically not intruded, but bitcoin's use is not necessarily secure. The first is the need to use bitcoin digital wallets to hold bitcoin, which needs to be done on a specific digital currency exchange in the event of a transaction, and where the security risks are.
Your wallet can be hacked, not Bitcoin or the blockchain. If you have a personal wallet or one on the exchange, then this is your technology Achilles heal, so make sure you have good best practices in place (prevention of being compromised with your account or technology used)
Any account on the internet whether it's social media or account exchangers there is a possibility to be hacked, the error is usually from users, not from the system exchanger. So we need to be more careful in storing personal data, do not install applications carelessly, be careful with incoming email, and be alert to the people around.
actually i want to know there is a possibility have to hack this supper e-money, because somebody hack it will be a huge effect for the economy.
pls give your valuable opinion.
pls give your valuable opinion.
I don't think so, well, it may be sound so easy since bitcoin is decentralized however bitcoin is in this world for a long time but I haven't even see or read yet a single news that bitcoin has been hacked. Well, the people itself is the one who had been hacked or for short they got scammed by their fellow mates or bitcoiners. In addition, as I see maybe bitcoin could be hacked once the crytpo is in our virtual wallet now.
If speaking in a system (blockchain that is in bitcoin) it will not be hacked even to control it, no one can. But Wallet address is very possible to be hacked, if you use exchange site to store bitcoin you have to be careful, because it could be bitcoin you have suddenly lost without trace
actually i want to know there is a possibility have to hack this supper e-money, because somebody hack it will be a huge effect for the economy.
pls give your valuable opinion.
pls give your valuable opinion.
Yes bitcoin can be hacked if you trust others because there are so many person that are so eager when it comes to money so they can do anything even if they can break your trust. We all know that hackers can find a way to get it even if you secured it. If you want to protect it don't trust others you can only trust yourself.
In anticipation of hacking you have to give extra security to bitcoin wallet so with the existence of this system you can be more comfortable in investing and try to continue to be careful of people around you.
I've watched an interview about Bitcoin being reteated, actually Bitcoin can be hacked if we can not keep it up, it's important to know right now, but according to my knowledge, this digital money can be hacked through hacking experts because if they hack the banks it's also possible for them to hack digital money like bitcoins and other digital currencies. But he added, "In nine years of bitcoin, nobody has ever done anything to hack Bitcoin, that means that the Bitcoin system is very powerful."
Yes bitcoin according to the I must be in the hack, because the hackers will always find a way and the name of the digital world, the internet and that kind of it would be in the hack even data a company that in give security super will surely be in the hack
It is a small theoretical chance the cryptography behind Bitcoin can be broken at some point in the future. Previously broken cryptos had been attacked/weakened severely before broken, so I am confident we have time to adjust before any problems. In addition, if ECDSA or SHA is taken down there is a lot bigger fish than bitcoin they will attack before us.
Yes, Bitcoin is hackable but the costs of the amount of energy necessary to hack just one wallet is multiple times bigger that the richer wallet right now. I have heard that in the future with quantum computers it would be easier but I do not know nothing about it.
The weakest link in bitcoin's security model is you. If you get robbed, hacked, hit with a rubber hose until you give up your private keys, etc, you're the easiest point of failure for an attacker to get your coins. There is virtually no chance that bitcoin will be "hacked" in the sense that the network will permit people to steal your coins. It relies on some pretty strong cryptography; if you want proofs, you'll want a CS or math degree to understand fully.
Yes. Your account in bitcoin can be hack if you wouldn't secure your personal information to it including your password or private key.
Bitcoin can be transfer in to other account if someone destroy or use your account without knowing it. So it is important to keep your password as secret.
Bitcoin can be transfer in to other account if someone destroy or use your account without knowing it. So it is important to keep your password as secret.
its not seem.... the manufacturer said that it is very secure
actually i want to know there is a possibility have to hack this supper e-money, because somebody hack it will be a huge effect for the economy.
pls give your valuable opinion.
I dont think bitcoin can be hacked. Its possible but it would take too much resources and I think there’s no point in hacking bitcoin too. See, bitcoins price mostly depends on demand and supply high demand low supply means higher price. If bitcoin is hacked, people would stay away from it because it is not a good investment. Why would people invest their money in something that they can lose easily. No people, kills the demand for it. Killing bitcoin wouldn’t be beneficial for them. pls give your valuable opinion.
CloudFish developed a security platform that enables companies and individual users to secure their assets stored in the cloud using blockchain
technology. Instead of relying on a single private key stored on a server that can be hacked or stolen, CloudFish developed a unique technology that splits
the users’ private security key into millions of fragments and store it in blockchain thereby making it impossible for someone to steal or hack the key.
The dynamic construction of encryption keys using blockchain provides a fool-proof mechanism to secure the digital assets like documents, files, emails
etc. and crypto-currency keys stored in the cloud.
Please check out our web site for details about the key innovation we are bringing to the cloud security industry
www.cloud-fish.io
technology. Instead of relying on a single private key stored on a server that can be hacked or stolen, CloudFish developed a unique technology that splits
the users’ private security key into millions of fragments and store it in blockchain thereby making it impossible for someone to steal or hack the key.
The dynamic construction of encryption keys using blockchain provides a fool-proof mechanism to secure the digital assets like documents, files, emails
etc. and crypto-currency keys stored in the cloud.
Please check out our web site for details about the key innovation we are bringing to the cloud security industry
www.cloud-fish.io
Everything is prone to being hacked online. That is why we users of bitcoin should be vigilant and aware of how we should protect our valuables. Even if bitcoin is difficult to being hacked by people being vulnerable to hacking is not impossible. You could teach yourself methods and ways on how you could protect your bitcoins and other cryptocurrencies.
bitcoin come in 2009.absoulutly bitcoins hacked so many times.We are just a few steps away from breaking through to a would with flawless security.
a world that the strongest AI cant hack Quantum entanglement
a world that the strongest AI cant hack Quantum entanglement
the concept of Bitcoin’s blockchain is simple - it is a distributed ledger that is located in multiple places simultaneously. It means that, if someone wants to hack Bitcoin, he has to attack the majority of ledgers at the same time, which is almost impossible.
However, it doesn’t mean that hackers don’t steal Bitcoins - they do it, but not because blockchain is the problem. The problem may be in the exchanges, wallets, and other players that operate with Bitcoins. For example, if hackers attack a website, it does not mean they attack the Internet.
However, it doesn’t mean that hackers don’t steal Bitcoins - they do it, but not because blockchain is the problem. The problem may be in the exchanges, wallets, and other players that operate with Bitcoins. For example, if hackers attack a website, it does not mean they attack the Internet.
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