Could a super hacker make a counterfeit Bitcoin?
We've all be assured by all bitcoins sources that bitcoins are unfraudable.
I'm curious after reading so many times its impossible what the general belief is at this point
what do you think? Could a super hacker make a counterfeit Bitcoin?
Please share your comments...
~Wavey
Since there is no such thing as an actual bitcoin, there isn't anything for a hacker to counterfeit. When we talk about "a bitcoin" we are using an abstraction to make communication easier.
The best a hacker could hope to do would be to replace your bitcoin wallet with a fake wallet that shows the balance that the hacker wants you to see. Anybody who is running a real wallet will still see the correct balance, and anyone who looks through the real blockchain will see the real balance, but they could fool anyone who they could get to run their fake wallet program.
As soon as you replace the fake wallet with a real wallet you would see the correct balance again.
I suppose perhaps you could consider that "counterfeiting", since the person being attacked would see a balance that is greater then the rest of the system believes they have.
