Topic: Is Bitcoin Hackable? - page 19. (Read 4116 times)
The issue of security has been a fundamental one for bitcoin since its development. On one hand, bitcoin itself is very difficult to hack, and that is largely due to the blockchain technology which supports it. As blockchain is constantly being reviewed by bitcoin users, hacks are unlikely. On the other hand, though, the fact that bitcoin itself is difficult to hack does not mean that it's necessarily a safe investment. There does exist potential for security risks at various stages of the trading process.
Everything is hackable, when it comes to security , there is no such thing as safe, there is only what we call as safer. That is exactly what bitcoin is, hackable but is hard to do so.
Are you asking this questions in other to find your way to protect your wallet from hackers ,than look for an offline wallet to protect your wallet from been hack because online wallet are hack able.
Bitakayena
i have no idea what this word means or where you are taking it from but "bitcoin" itself is not hack-able. the way private keys are (a random number in an unbelievably huge range), and how the hashing to get the public keys and bitcoin address (ECDSA and SHA256 which are irreversible) makes it un-hack-able!
your wallet is hack-able though. if you are not careful, use a weak password or have a compromised machine that you use for your wallet.
ps. more than 8 years of being around and not being hacked even once should answer your question though!
I imagine that the question itself is that. The wallet, because if we are not careful, they take away all our bitcoins.
In theory yes. But hackers will have to spend a lot of resources to do it (governments may try though) that it discourages it from happening.
Quantum computing will be able to break the cryptography of the current blockchain technology also.
Quantum computing will be able to break the cryptography of the current blockchain technology also.
All is hackable, above all if it is a online system.
But i think that is not easy to hack the bitcoin system, and the team is constantly work to make secure their systems
The same thought with mine. Nowadays, things can be hacked even the most secured assets anywhere in the world for as long internet or online system is concerned. However, in regards to bitcoin, I think the way it was designed is not that hackable as a person thinks for it is secured and proven records of reliability. But i think that is not easy to hack the bitcoin system, and the team is constantly work to make secure their systems
Everything is hackable, even boyfriends and spouses are being hacked by others 
. Funny though but true. If we are careless with our private key then it can be hacked. Even cash and bank accounts are hacked so it is not far to happen that digital wallets can also be hacked.
. Funny though but true. If we are careless with our private key then it can be hacked. Even cash and bank accounts are hacked so it is not far to happen that digital wallets can also be hacked.
In theory there is many ways of corrupt it, but in a fact you'll see miners having control over the transactions and also you may know as quantum computers are supposed to do.
Bitcoin is based on the blockchain technology and it relies on the trust so if there are 100 people running blockchain on their computer, hacking just single computer won't affect the network, you have to hack at least 51 computers out there to hack the system.
Now, since there are many many many computers running blockchain and rarely anyone of them has the idea about another computer's identity, it's rare to execute this 51% attack. Thus, it is near to impossible to hack by this way. However, hackers can hack the exchanges, accounts of the exchange users and private key backups of to steal the Bitcoins and it is comparatively easier for them.
Now, since there are many many many computers running blockchain and rarely anyone of them has the idea about another computer's identity, it's rare to execute this 51% attack. Thus, it is near to impossible to hack by this way. However, hackers can hack the exchanges, accounts of the exchange users and private key backups of to steal the Bitcoins and it is comparatively easier for them.
Well, bitcoin is difficult to hack because of the blockchain technology that supporting it. Though bitcoin itself is difficult to hack, it does not mean that there is no potential risks in security.
Well I don’t think so bitcoin can be hack because bitcoin got a lot of experience from market I know that bitcoin is decentralized but I believe there are thousands of people are working here and there must be a head office of bitcoin in somewhere and it’s going to operate by some professional people who are operating bitcoin and I’m sure that they know about all forks and they also know how to fight against them so I think there is no chance that bitcoin can be hacked. Now everyone is investing heavily on Bitcoin. But can anyone hack this Bitakayena? If Bitcoin means hacks, then there will be a lot of damage. Where is Bitcoin's hidden security?
I think nowadays everything can be hacked because people are very smart when it comes to technology. All you have todo is becareful not to click anything that is suspicoius like website with suspicious message it can be a pishing site to get your information and access to your account. And also dont give you password to anyone. And dont save it on a place that anyone could access it.
Everything can be hacked. In crptoworld, nothing is totally secure in this scenario
Now everyone is investing heavily on Bitcoin. But can anyone hack this Bitakayena? If Bitcoin means hacks, then there will be a lot of damage. Where is Bitcoin's hidden security?
I guess everything is hackablr nowadays. However, bitcoins will be a tough nut to crack since bitcoins are situated within a blockchain. It has countless and countless amounts of security walls from different ledgers around the world. I guess a hacker can breach this but it will take them years and yeara just to hack data from years ago.
In the crypto world, everything is hackable. Just make sure we all are saving all our wallet of and private keys in a safe place, far away from personal approach. I also suggest start using Google authenticator everything a login happens so that security is maintained always. I myself never ever save any passwords on the systems. Just be aware, use as much security u can for protection of btc accounts.
Well, bitcoin is difficult to hack because of the blockchain technology that supporting it. Though bitcoin itself is difficult to hack, it does not mean that there is no potential risks in security.
Now everyone is investing heavily on Bitcoin. But can anyone hack this Bitakayena? If Bitcoin means hacks, then there will be a lot of damage. Where is Bitcoin's hidden security?
I don't think it is possible for any person to hack bitcoin blockchain Network , Because we know that every country has lots of powerful technology and most experienced and well educated person in cyber security but still they can't ban bitcoin or can stop it .America and Japan like countries have big big technology competition in this world but still they allows bitcoin in under rules of paying tax only .
Otherwise if bitcoin can be damaged by these big countries powerful cyber technology but they didn't this thing , so here we can say that bitcoin is fully encrypted and powerful technology that can never be hack by anyone .
bitcoin or blockchain system cant be hacked.but your account can be hacked.if you are not using proper security like 2f factor.
Hacking bitcoin is quite difficult to do since it runs on a blockchain which uses a global network of computers. Maybe the only reason why bitcoin's can be hacked if we are not vigilant enough and careless with our wallet's information.
Truly speaking BITCOIN is an online system so it can be hacked but also we should keep in mind that many new investors are now supporting BITCOIN so it is obvious that BITCOIN team will make sure to secure it properly.And also i would advise you not to click or open any unnecessary link sent in BITCOIN forum.
Now every one invest in bitcoin.bitcoin hacked is quiet impossible.carefully handle,strong passward,safely and technically use can be save about hacking.
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