Topic: Hacking Bitcoin,How Possible? (Read 2403 times)
I think it's impossible to crack bitcoin. Breaking of wallets, the abduction of cryptocurrency is possible. There is a case of hacking exchanges. There is a danger in any case.
if someone try to hack a bitcoin blockchain, it's certainly impossible to hack. but the most vulnerable to hacking is phishing activity
When most people first hear about Bitcoin, they usually think there is some way in which the peer-to-peer digital cash system could be hacked. This is nothing new in some ways, as many internet users have seen their Facebook, Twitter, or other social media accounts come under the control of a nefarious actor over the years.
Having said that, Bitcoin is built for security. Due to the large amount of monetary value that relies on the world’s most popular cryptocurrency, the developers who maintain the de facto reference client for the Bitcoin protocol are careful about any new changes that may be made.
I think Bitcoin depends On Open source.
The Power of Open Source
One of the main reasons Bitcoin is viewed as secure is due to the fact that the codebase behind the network is completely open source. Anyone who wants to join the Bitcoin network is able to do so in a completely open and incorruptible manner. New users are able to confirm, if they wish to do so, that the financial network works in the manner intended because they are able to verify the source code that they’re running on their home computers.
Of course, many users don’t actually verify the code related to their interactions on the Bitcoin blockchain. Most users simply purchase some bitcoin on an exchange like Coinbase rather than worry about operating their own full node.
But the point is that the option to run a full node to control one’s own digital financial sovereignty is always there through the use of open source software
We all know that bitcoin is a decentralised crypto currency and thus there is no such proper authentic regulating body over the bitcoin who could keep eye over all the illegal activities of bitcoin like selling drugs, explosives, money laundering etc and then second thing that is promoting the illegal use of bitcoin is that its transactions does not involve any third party seizure and thus no third person could see the transaction between the two and thus two illegal parties can illegal transact without any interruption of government and thus leading to illegal use. Having said that, Bitcoin is built for security. Due to the large amount of monetary value that relies on the world’s most popular cryptocurrency, the developers who maintain the de facto reference client for the Bitcoin protocol are careful about any new changes that may be made.
I think Bitcoin depends On Open source.
The Power of Open Source
One of the main reasons Bitcoin is viewed as secure is due to the fact that the codebase behind the network is completely open source. Anyone who wants to join the Bitcoin network is able to do so in a completely open and incorruptible manner. New users are able to confirm, if they wish to do so, that the financial network works in the manner intended because they are able to verify the source code that they’re running on their home computers.
Of course, many users don’t actually verify the code related to their interactions on the Bitcoin blockchain. Most users simply purchase some bitcoin on an exchange like Coinbase rather than worry about operating their own full node.
But the point is that the option to run a full node to control one’s own digital financial sovereignty is always there through the use of open source software
From my point of view, it is extremely difficult because bitcoin is developed with blockchain which is famous for its security
Hacking blockchain network is so hard, and hacking biggest blockchain network is impossible, in my opinion.
Virtually impossible hacking Bitcoin. The blockchain system itself is configured so that it is not possible to rename records.
Bitcoin is known for its security because its code based and its transactions is peer to peer and encrypted its really difficult to hack bitcoin but hackers attacks on exchanges and other wallets and they steal bitcoin from that platforms but sometimes we hear about hack the bitcoins from that exchange then this is the definitely scare us because its a technology and it can be Breakable.
Most hackers stealing bitcoin from exchanger. Hackers almost impossible hacking on bitcoin wallet as long wallet holder keep their private key safe. Exchanger wallet vulnerable to be hacked and thats why many expert said better store our coin in our own wallet
Actually Bitcoin hacking is not possible without current technology,and wallet information.hard password,save key,2FA verification it's killed not possible.but if hacker will get your wallet information then hack is possible.in just my opinion so I don't know another reason.
bitcoin hacking should not happen because I see the security of blockchain and bitcoin technology which is cryptocurrency and digital currency so it should be very difficult to get hacked.
I think hacking bitcoin is hard because it is very safe. As long you know the right address to enter and you always keep your account and password by your own. I am sure that it is very safe, let just be active and knowledgeable enough to whatever decisions we make.
When most people first hear about Bitcoin, they usually think there is some way in which the peer-to-peer digital cash system could be hacked. This is nothing new in some ways, as many internet users have seen their Facebook, Twitter, or other social media accounts come under the control of a nefarious actor over the years.
Having said that, Bitcoin is built for security. Due to the large amount of monetary value that relies on the world’s most popular cryptocurrency, the developers who maintain the de facto reference client for the Bitcoin protocol are careful about any new changes that may be made.
I think Bitcoin depends On Open source.
The Power of Open Source
One of the main reasons Bitcoin is viewed as secure is due to the fact that the codebase behind the network is completely open source. Anyone who wants to join the Bitcoin network is able to do so in a completely open and incorruptible manner. New users are able to confirm, if they wish to do so, that the financial network works in the manner intended because they are able to verify the source code that they’re running on their home computers.
Of course, many users don’t actually verify the code related to their interactions on the Bitcoin blockchain. Most users simply purchase some bitcoin on an exchange like Coinbase rather than worry about operating their own full node.
But the point is that the option to run a full node to control one’s own digital financial sovereignty is always there through the use of open source software
Having said that, Bitcoin is built for security. Due to the large amount of monetary value that relies on the world’s most popular cryptocurrency, the developers who maintain the de facto reference client for the Bitcoin protocol are careful about any new changes that may be made.
I think Bitcoin depends On Open source.
The Power of Open Source
One of the main reasons Bitcoin is viewed as secure is due to the fact that the codebase behind the network is completely open source. Anyone who wants to join the Bitcoin network is able to do so in a completely open and incorruptible manner. New users are able to confirm, if they wish to do so, that the financial network works in the manner intended because they are able to verify the source code that they’re running on their home computers.
Of course, many users don’t actually verify the code related to their interactions on the Bitcoin blockchain. Most users simply purchase some bitcoin on an exchange like Coinbase rather than worry about operating their own full node.
But the point is that the option to run a full node to control one’s own digital financial sovereignty is always there through the use of open source software
Yes hacking bitcoin is possible because they need only to get the information that they need. Actually hackers get first the trust of someone and they will use it to hack it
It can describe by those who are used to hacking but it is now very easy that some one providing internet facility services and then they copy your data and they access your wallets and your important information now hacking is very dangerous in present time.
When most people first hear about Bitcoin, they usually think there is some way in which the peer-to-peer digital cash system could be hacked. This is nothing new in some ways, as many internet users have seen their Facebook, Twitter, or other social media accounts come under the control of a nefarious actor over the years.
Having said that, Bitcoin is built for security. Due to the large amount of monetary value that relies on the world’s most popular cryptocurrency, the developers who maintain the de facto reference client for the Bitcoin protocol are careful about any new changes that may be made.
I think Bitcoin depends On Open source.
The Power of Open Source
One of the main reasons Bitcoin is viewed as secure is due to the fact that the codebase behind the network is completely open source. Anyone who wants to join the Bitcoin network is able to do so in a completely open and incorruptible manner. New users are able to confirm, if they wish to do so, that the financial network works in the manner intended because they are able to verify the source code that they’re running on their home computers.
Of course, many users don’t actually verify the code related to their interactions on the Bitcoin blockchain. Most users simply purchase some bitcoin on an exchange like Coinbase rather than worry about operating their own full node.
But the point is that the option to run a full node to control one’s own digital financial sovereignty is always there through the use of open source software
It is impossible to hack Bitcoin Network because you need Millions of dollars to do it and the probability of success is so thin that even a Billionaires cannot afford to lose. The only thing that the hacker can do is to hack the sites and phishing, but hacking a system network of Bitcoin is impossible. Having said that, Bitcoin is built for security. Due to the large amount of monetary value that relies on the world’s most popular cryptocurrency, the developers who maintain the de facto reference client for the Bitcoin protocol are careful about any new changes that may be made.
I think Bitcoin depends On Open source.
The Power of Open Source
One of the main reasons Bitcoin is viewed as secure is due to the fact that the codebase behind the network is completely open source. Anyone who wants to join the Bitcoin network is able to do so in a completely open and incorruptible manner. New users are able to confirm, if they wish to do so, that the financial network works in the manner intended because they are able to verify the source code that they’re running on their home computers.
Of course, many users don’t actually verify the code related to their interactions on the Bitcoin blockchain. Most users simply purchase some bitcoin on an exchange like Coinbase rather than worry about operating their own full node.
But the point is that the option to run a full node to control one’s own digital financial sovereignty is always there through the use of open source software
Hacking into the blockchain technology is pretty difficult and it's no child's play. In my very opinion I think the platform is relatively safe and secured.
Well. It isn't that possible to hack bitcoin without wallet, a key and password that is why you have to be careful of those handling your key and password. Never trust anyone with your key.
Hacking Bitcoin is impossible because it is processes upon the blockchain technology and most of the scenarios when some one got hacked it is due to his or her carelessness to protect important information about there accounts in exchanges or digital currency holding wallets but once they lost there currencies to a hacker they point errors in the Bitcoin system and its network I think that wont solve the problem
You can steal it, but it's impossible to hack the technology itself.
There's a lot of programmer are genius by hacking account open very important files technologies now a days is a huge amazing so there's not impossible to hack bitcoin easily specially to the people are not read the any spam link website directly log in your account to steal your personal password and email etc.
In my knowledge it is impossible to hack bitcoins only the bitcoins wallets can be hacked if they leak out their private keys or clicked the phishig link.When the bitcoin is in the transaction no way to stop it even the user who created the transaction will not be able to stop it.
It seems impossible if bitcoin is hacked, because the amount will not increase and decrease. except what can happen is a hack against a system related to bitcoin such as wallets, exchange and trading services.
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