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Topic: Is Ethereum-Blockchain can be hacked? (Read 211 times)

newbie
Activity: 224
Merit: 0
June 02, 2018, 02:59:17 PM
#27
until this happened. but in the future, we cannot guarantee that hackers will not be able to crack.
newbie
Activity: 280
Merit: 0
June 02, 2018, 02:57:01 PM
#26
Though the technology changes day by day so many scam and hackers are also creating new problem and it may bring huge loss based on this ETH can suffer this because they don’t have any reserve data server on everything is online based so it may create some problem and avoid this problem invest in BTC.
newbie
Activity: 266
Merit: 0
June 02, 2018, 01:46:55 AM
#25
Well, I don't think so.There're so many crypto currencies have evolved and all od them are encrypted. Ethereum is one of them which works with smart contacts and it keeps things confidential.
newbie
Activity: 322
Merit: 0
June 01, 2018, 09:10:18 PM
#24
From my perspective i think it’s hard for hacker to hack ethereum and blockchain. Because they use high level of securities. But its true ethereum and blockchain are 100%secure.
newbie
Activity: 266
Merit: 0
June 01, 2018, 07:39:16 AM
#23
I think Ethereum blockchain is not easy to hack as it is very nicely secured. Without this there are a lot of investors in the market those who are trusting it and having a safe transactions.
newbie
Activity: 308
Merit: 0
June 01, 2018, 06:50:18 AM
#22
anything can br hacked, but if you are talking about Ethereum-Blockchain, which is not child's play, because they are most advanced among them all. if we learn a bit more about how Blockchain works, then we get to know it's kinda impossible.
newbie
Activity: 350
Merit: 0
June 01, 2018, 06:46:48 AM
#21
It is possible. There is nothing on the web that can't be hacked, on the grounds that it has not been hacked yet does not imply that it is difficult to hack. There are a great deal of activities in the past that the makers showcased as unhackable, what happen is that a considerable measure of them got hacked. It just takes an extremely efficient gathering of programmers with enough finances to concentrate their vitality on hacking it.
member
Activity: 795
Merit: 10
June 01, 2018, 04:58:38 AM
#20
No, it can't be hacked but an etherum private key can be hacked if the holder is careless with it, it think ethereum network has passed level of hacking. I learnt they have 80 developers or thereabout.
newbie
Activity: 89
Merit: 0
June 01, 2018, 04:57:37 AM
#19
Blockchain is a digitized public ledger of all cryptocurrency transaction. It allows market participants to keep track of digital currency transactions without central recordkeeping.
In a blockchain, there is a countless blocks that is connected to each other like a chain. It has a complete information about different user addresses that we usually used to collect tokens/coins and report balances right from the block to the most recently completed block.
Is there a possibility that ethereum-blockchain be hacked?
It seems to me that you can hack anything, but how much time, effort and knowledge will it take? I don't mean that the Ethereum blockchain is poorly protected. On the contrary very, very reliable
newbie
Activity: 221
Merit: 0
June 01, 2018, 04:41:57 AM
#18
Blockchain is a digitized public ledger of all cryptocurrency transaction. It allows market participants to keep track of digital currency transactions without central recordkeeping.
In a blockchain, there is a countless blocks that is connected to each other like a chain. It has a complete information about different user addresses that we usually used to collect tokens/coins and report balances right from the block to the most recently completed block.
Is there a possibility that ethereum-blockchain be hacked?
Different ways the hacker looks for loopholes to make a profit, including hacking the ethereum wallet. But, I think ethereum has good security, provided you are careful and always keep your private key.
newbie
Activity: 294
Merit: 0
June 01, 2018, 04:32:11 AM
#17
I dont think any such thing is possible. Becuse Eth has a highly efficient security system and it is not so easy to break it. So I thing you don't need tp worry about that.
member
Activity: 308
Merit: 15
The compromise of Ethereum addresses, as well as many other blockboys, is possible because of poor-quality software in the event that the generation of random numbers during the creation of a signature ceases to be accidental. The risk is insignificant, it is recommended to use only proven software.
full member
Activity: 308
Merit: 102
GoNetwork - Winner of ETHWaterloo
Blockchain is a digitized public ledger of all cryptocurrency transaction. It allows market participants to keep track of digital currency transactions without central recordkeeping.
In a blockchain, there is a countless blocks that is connected to each other like a chain. It has a complete information about different user addresses that we usually used to collect tokens/coins and report balances right from the block to the most recently completed block.
Is there a possibility that ethereum-blockchain be hacked?

I think that certainly it can, but for this, the code should be vulnerable, if this vulnerability has not been found yet, then it probably is not there, for this reason the Ethereum develops so slowly, because the team needs to make sure that their code is perfect and that people will not lose their money because of some small idiotic mistake.
member
Activity: 364
Merit: 10
Fast, Smart, Trustworthy
I think the blockchain is relatively safe for the current Internet protection. First, if insecure funds have fled. Second, only quantum computers can do this. Then in addition to these two dangerous places should be Trojans stealing personal privacy. That is, hackers use the same login system as you. Because they have your information. However, if there is no virus on your phone or computer, the crypto currency is absolutely safe.
member
Activity: 336
Merit: 10
we dont know what hackers capable of, but i dont hear any news that ethereum blockchain has been hacked for the past years, maybe its impossible to hack. or maybe they are now trying to hack.just like bitcoin i dont also hear a news in the past years that it has been hack. Well we just dont know when will it happen or maybe it wont happen. the security of a blockchain is very tight so its impossible to hack.but no one is perfect even in computer is not perfect.
member
Activity: 216
Merit: 10
Best solution for smart cities
any blockchain can not be hacked, but if the overload of blockchain transactions can get stuck and this once happens when a cat game or cryptokitties is launched. maybe you mean is a wallet provider, like myetherwallet?
hero member
Activity: 1458
Merit: 509
Blockchain is a digitized public ledger of all cryptocurrency transaction. It allows market participants to keep track of digital currency transactions without central recordkeeping.
In a blockchain, there is a countless blocks that is connected to each other like a chain. It has a complete information about different user addresses that we usually used to collect tokens/coins and report balances right from the block to the most recently completed block.
Is there a possibility that ethereum-blockchain be hacked?
The only possible thing to do 51% attack to the ethereum blockchain but it requires a lot of hash power and i doubt if that can become a real thing. PoW is using miner as the main pegged of the network to validate the transaction.
The collusions between the miners can create 51% attack and you should read more about 51% attack. I remember this time asic has been dominating all of the PoW crypto.
newbie
Activity: 224
Merit: 0
I think it is possible but base on its security issues this past years we could observe the smooth run of eth and blockchain without having  large issues of hacking that could be alarming. But we can't be so sure for now but I trust cryptomarket.
member
Activity: 250
Merit: 10
May 30, 2018, 07:38:46 PM
#9
The hackers can hack Everything. We saw many incidents about some significant hacking. Like someone cut millions of dollars by cutting a bank or any news like this. But as you mentioned blockchain has infinity blocks, that's why it is very tough to get ethereum blockchain hacked. Maybe it's impossible too.
hero member
Activity: 3080
Merit: 603
May 30, 2018, 07:29:45 PM
#8
AFAIK, it can be slow down but it can't be hacked.

This is the strength and weakness of blockchain.
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