Topic: can blockchain.com be hacked? - page 3. (Read 920 times)
All online wallets can be hacked, there will be no exceptions for any online store. Blockchain.org they don't hold your BTC, so when you lose your private key, it won't be able to recover that BTC number.
can they be hacked
Anything on the internet can be hacked. Once you know what you're doing, hacking into company websites and computers is a cinch.
Are you sure with that?
You can't literally hacked all of the things in the internet thus you can collect information through bypassing a security. That's the reason why some of the social media accounts where being hacked but literally they're being hijacked and the information was being collected. Also, blockchain has an ultimate security, you can't easily hacked each wallet and control the transaction. The only thing you can do is decrypt but that's not very sure you can do it.
there is no "ultimate security" when it comes to security and every security setup can be broken into. so yeah blockchain.info like anything else in computer world can be hacked, it is just different levels of hardship.
they keep wallets encrypted in their servers and the process of encryption/decryption is done inside user's browser so if you hack their server you can gain encrypted wallet files. but the encryption can be broken too. for example if their implementation had some bug in it, considering blockchain.info has a lot of bugs in their system it is not far fetched to think there are security holes everywhere else too.
Most hacker groups [resourceful govt and their employees you really mean] usually have insiders to assist them to help perform the hack [inside secret govt helpers in large companies] which is why these operations are seriously complicated and not easy to pull off.
If us govt employee/s in addition to the crime of theft [the range of punishment depends on the amount] the crime of hacking, there is [if done on a us citizen] the deprivation of constitutional rights, which if in conspiracy carries up to ten years in prison. [obviously, they could not be a law enforcement if they did that]
And for OP, this link might help to your question:
https://www.quora.com/What-would-happen-if-the-BlockChain-were-hacked
can they be hacked
Anything on the internet can be hacked. Once you know what you're doing, hacking into company websites and computers is a cinch.
Are you sure with that?
You can't literally hacked all of the things in the internet thus you can collect information through bypassing a security. That's the reason why some of the social media accounts where being hacked but literally they're being hijacked and the information was being collected. Also, blockchain has an ultimate security, you can't easily hacked each wallet and control the transaction. The only thing you can do is decrypt but that's not very sure you can do it.
Any web wallet could be hacked including blockchain. It's not very safe holding bitcoin on any web wallet for long time. But blockchain is more stronger from other web wallet. Hackers are more smart from us usually. So hold your bitcoin on hard wallet or offline wallet like bitcoin core. Wallet with private key is more safer than web wallet. Private key give you control of your fund and it's your responsibility to keep safe. Web wallet likely fail to save your fund in case happen any hack.
can they be hacked
Anything on the internet can be hacked. Once you know what you're doing, hacking into company websites and computers is a cinch.
Are you sure with that?
You can't literally hacked all of the things in the internet thus you can collect information through bypassing a security. That's the reason why some of the social media accounts where being hacked but literally they're being hijacked and the information was being collected. Also, blockchain has an ultimate security, you can't easily hacked each wallet and control the transaction. The only thing you can do is decrypt but that's not very sure you can do it.
can they be hacked, and the funds stolen, do they have a special wallet where they keep all the btc ? how do they work exactly?
can they suddenly decide to hold your btc, or restrict you or prevent you from sending or receiving bitcoin ? if you don't provide id or for whatever reason ?
do you own your btc (menmonic) with them or is it in their control?
thanks
can they suddenly decide to hold your btc, or restrict you or prevent you from sending or receiving bitcoin ? if you don't provide id or for whatever reason ?
do you own your btc (menmonic) with them or is it in their control?
thanks
blockchain.com hosts a non-custodial wallet service. they don't "hold" your BTC. that's why they can't recover your wallet for you if you lose your key/password. your seed can be used to recover your coins to any other HD wallet.
so it's not as bad as 3rd party web wallet services that actually control your BTC. but there are still some security hazards. you are prone to various MITM attacks when you use a trusted online service like blockchain.com to sign and push transactions.
can they be hacked
Anything on the internet can be hacked. Once you know what you're doing, hacking into company websites and computers is a cinch. Every system has an underlying pattern, figure out how the pattern works and no matter how complex it may be, you can then exploit it.
With what happened recently regarding the top exchange that got hack, I think any thing connected to the internet is prone to getting hacked. Cryptocurrency involves blocks of code which at the end of the day their might be a little mistake in it, which gives hackers the chance to engage in their dangerous act also it might be from the site minor or major patch or thereabout. In as much as hacking is beyond crypto sector I think hacking is possible in any place only if the developers of the platform are constantly upgrading the platform.
everything can be hacked, nothing is completely safe.all we can do is protect ourself better but once again there is no such a thing as %100 protection.hackers always find a way.
Blockchain's online wallet can be hacked, several years ago someone successfully retrieved several wallets then returned the amount(article). I don't think they have a hot wallet like exchanges since we could move our address on to a different wallet using the backup. It's recommended to store your seed and blockchain isn't an exchange they don't require you to have an ID and i've never seen someone get restricted from using their wallet.
Probably. Anything online can be hacked, it may be in a different way like if there is someone in their office who suddenly got crazy and stolen funds in it. Or someone who is eats and breathes how to penetrate their servers, I always believe the security expert who said every thing that is online and are on the live server can be hacked.
Because anything online is prone to hacking "no system is safe" when it comes to the internet .
That is why I am only trusting my funds or crypto on a hardware wallet.
Probably. Anything online can be hacked, it may be in a different way like if there is someone in their office who suddenly got crazy and stolen funds in it. Or someone who is eats and breathes how to penetrate their servers, I always believe the security expert who said everything that is online and are on the live server can be hacked.
I certainly agree with you. Even if we say that every site or even exchanges comply with the security measures needed, it isn't still %100 safe and secured. The technology is getting more advanced and hackers are getting smarter and skilled so we have to be observant and careful with our funds all the time.
Don't forget to ask your self that what make bitcoin and the blockchain really is and it nature were decentralization and freedom, but at that there are challenges facing the entire cryptocurrency industry which can come from hack and regulations which some time give room for KYC and other restrictions but we don't have identity verification on blockchain.com yet.
Probably. Anything online can be hacked, it may be in a different way like if there is someone in their office who suddenly got crazy and stolen funds in it. Or someone who is eats and breathes how to penetrate their servers, I always believe the security expert who said every thing that is online and are on the live server can be hacked.
can they be hacked, and the funds stolen, do they have a special wallet where they keep all the btc ? how do they work exactly?
can they suddenly decide to hold your btc, or restrict you or prevent you from sending or receiving bitcoin ? if you don't provide id or for whatever reason ?
do you own your btc (menmonic) with them or is it in their control?
thanks
can they suddenly decide to hold your btc, or restrict you or prevent you from sending or receiving bitcoin ? if you don't provide id or for whatever reason ?
do you own your btc (menmonic) with them or is it in their control?
thanks
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