Anything an EMP could do to bitcoins it can also do to banks...
You mean it can effectively empty the safe?
Topic: How do you protect bitcoin from an Electro-Magnetic Pulse? - page 4. (Read 8471 times)
You mean it can effectively empty the safe?
2. What are some of the possible defenses?
I would say, online storage. As many as you can.
Make sure you encrypt before yo store something on line and use a good password.
Anything an EMP could do to bitcoins it can also do to banks...
Are flashdrives really safe from an EMP?
And btw, does a faraday cage still protects a computer if it's plugged on the wall and on the Internet (if not using fiber to get the 'net inside the cage) ?
And btw, does a faraday cage still protects a computer if it's plugged on the wall and on the Internet (if not using fiber to get the 'net inside the cage) ?
1. Would an EMP affect consumer-grade optical storage?
2. Would an EMP affect an optical 'master' disk, the kind that professional duplication companies would have?
2. Would an EMP affect an optical 'master' disk, the kind that professional duplication companies would have?
Say if someone uses an EMP and knocks out the whole network...and then puts a whole ton of their own hardware online, wouldn't that mean they own 100% of the network? o.o
Doesn't have to be an EMP, the most likely thing would be solar flares/winds that knocks out everything on Earth....which can happen.
Doesn't have to be an EMP, the most likely thing would be solar flares/winds that knocks out everything on Earth....which can happen.
I don't think they're worth all too much if half the internet is in range of EMP blasts. Otherwise, just have an encrypted backup on a server elsewhere.
Anyways, try not to live where there's a high chance of a nuclear war.
Anyways, try not to live where there's a high chance of a nuclear war.
A good faraday cage?
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"How do you eat an elephant? One bit at a time..."
By hiding under your bed in the fetal possition.
LOL! Yes, that was my first thought but, assuming I was able to survive that and the subsequent fallout (pun intended), I would like to know that my bitcoin holdings were safe and secure.
Keep your equipment in a Faraday cage.
While thinking about the possible attacks against bitcoin holdings the threat of Electro-Magnetic Pulses popped up. So my questions are:
1. How susceptible are bitcoin holdings to Electro-Magnetic Pulses (whether they be highly targeted or a more generalized attack)?
and
2. What are some of the possible defenses?
Thanks,
Trader Steve
1. How susceptible are bitcoin holdings to Electro-Magnetic Pulses (whether they be highly targeted or a more generalized attack)?
and
2. What are some of the possible defenses?
Thanks,
Trader Steve
Individual wallets are susceptible if an EMP is strong enough to damage primary storage. Backups that are on media that isn't susceptible (which, I believe, includes flash drives that are not receiving power at the time of the pulse) would of course survive.
Because the transaction network is quite decentralized EMP would have to hit pretty much the entire planet to actually destroy it, though a more local EMP (such as an entire major technological country) would probably screw up a lot of mining, thus at least temporarily slowing down block generation quite a bit.
2. What are some of the possible defenses?
write them all down on good old paper. or sae them on anything that is not electronical.
Assuming that an EMP could wipe your hard drive, memory, BIOS, maybe even the microcode on your CPUs etc, they could screw your computers up.
Solutions are offsite backups, writing your keys on paper, burning your wallet backup to a CD.
Solutions are offsite backups, writing your keys on paper, burning your wallet backup to a CD.
By hiding under your bed in the fetal possition.
hero member
Activity: 836
Merit: 1007
"How do you eat an elephant? One bit at a time..."
While thinking about the possible attacks against bitcoin holdings the threat of Electro-Magnetic Pulses popped up. So my questions are:
1. How susceptible are bitcoin holdings to Electro-Magnetic Pulses (whether they be highly targeted or a more generalized attack)?
and
2. What are some of the possible defenses?
Thanks,
Trader Steve
1. How susceptible are bitcoin holdings to Electro-Magnetic Pulses (whether they be highly targeted or a more generalized attack)?
and
2. What are some of the possible defenses?
Thanks,
Trader Steve
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