Bitcoin security is safe now? - page 2.

mk4

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Quote from: valheru on July 18, 2018, 09:41:46 AM

Yes, bitcoin security should be more complicated in my opinion. But in the bitcoin world, hackers will always exist, no matter how safe it is, No system is safe.

Crypto exchanges get hacked because of their lack of security, not because of bitcoin's lack of security. Bitcoin is cryptographically secure enough. To actually do harm to bitcoin(BTC itself, not exchanges, not wallets), people would need significant amounts of funds, not just skills.

milewilda

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Quote from: Anamika143 on July 18, 2018, 07:40:32 AM

We all know that a few days ago South Korean Exchanges Bithumb hacked an estimated loses $ 31.5 million worth of crypto currency. I think Bitcoin Security should be more complicated.

What do you think?

https://www.theguardian.com/business/2018/jun/20/south-korea-bithumb-loses-315m-in-cryptocurrency-heist

You are preferring bitcoin security to exchange security which isnt really right at all and you are truly misleading newbies even more trying to read up this post.
I would tell you they are different and since you are talking about hacked exchangers then it has nothing to do with bitcoin security itself.
The thing should be focused on on how those exchange would secure out their site and the wallets attached to it.

Noelnada

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As other people have mentionedn the Bithumb hack has nothing to do with Bitcoin itself, Bitcoin is probably the most secure cryptocurrency in the world as it's the one which has been under the most scrutiny from developpers from all around the world, which has been the most intensively tested and which has the more hashing power from large mining operations.

I think nothing is never 100% safe but Bitcoin value would be much lower if there were any doubt about its security.

ballerin and giroud

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This is not about unsecured crypto currency systems, each exchange certainly use a high security system, so it can make all owners of assets in the exchange can be comfortable. In the world of internet network no matter how much security you have will always be hacked, I mean there will always be people who know all aspects of our secrecy. For instance, we have gmail account can be sure someone working in gmail will know everything that is in our gmail account.

@hosimanaka

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We enter the crypto market always put security on top. I think that is the main factor you should learn from the beginning. I believe the market will take away all of you if you are not secure.

danherbias07

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What!!!???

Bitcoin is secured. It is the exchange that needs a buff bodyguard on their midst. Grin

Bitcoin stays as it is. If bitcoin was the one stolen from the exchange then it is the exchange fault and not bitcoin.
This is really funny. Please go deeper into reading more about bitcoin and refrain from creating this kind of threads.

AngelSky

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Quote from: Anamika143 on July 18, 2018, 07:40:32 AM

We all know that a few days ago South Korean Exchanges Bithumb hacked an estimated loses $ 31.5 million worth of crypto currency. I think Bitcoin Security should be more complicated.

What do you think?

https://www.theguardian.com/business/2018/jun/20/south-korea-bithumb-loses-315m-in-cryptocurrency-heist

This is the news bro. Every day or weekly once I see these kind of news but where is the transaction ID of amount left from the main wallet mate. You need to share the news along with that means we can believe amount is hacked.
With the news itself we cannot consider this is true news about hacking.
Then avoid these kind of negative news to share here or anywhere mate. It will be negatively shown out then.

valheru

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Yes, bitcoin security should be more complicated in my opinion. But in the bitcoin world, hackers will always exist, no matter how safe it is, No system is safe.

Pursuer

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Where is my ring of blades...

this has nothing to do with "bitcoin security" it is about the "exchange security" which is basically a "website security" thing. and this is already old news and not to mention one of the most common news for a couple of years in this business. whenever you go on an exchange there is a chance that it is going to get hacked that day which is why everyone keeps repeating you should never leave your coins on exchanges and also this is why the Decentralized Exchanges are gaining popularity.

dimonstration

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Dimon69

Quote from: Anamika143 on July 18, 2018, 07:40:32 AM

We all know that a few days ago South Korean Exchanges Bithumb hacked an estimated loses $ 31.5 million worth of crypto currency. I think Bitcoin Security should be more complicated.

What do you think?

https://www.theguardian.com/business/2018/jun/20/south-korea-bithumb-loses-315m-in-cryptocurrency-heist

In crypto currency world are full of risks.
Do not considered it as 100% safe, there are always possiblity that it can be hacked again.

Anamika143

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We all know that a few days ago South Korean Exchanges Bithumb hacked an estimated loses $ 31.5 million worth of crypto currency. I think Bitcoin Security should be more complicated.

What do you think?

https://www.theguardian.com/business/2018/jun/20/south-korea-bithumb-loses-315m-in-cryptocurrency-heist

Topic: Bitcoin security is safe now? - page 2. (Read 252 times)