Topic: Is Ethereum-Blockchain can be hacked? - page 2. (Read 211 times)
Prior to this, there was an attempt to hack, so the Ether was divided into two blockchain. Now the developers of Ether have taken into account all the mistakes, so I think that you can be calm about this.
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?
Are you understand how work encryption? In the blockchain private keys not stored. And without this keys access to wallet is closed! No chances. But yes all wallets are clear for view. Try to learn more base knowledge about blockchainIn 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?
Hi! thanks for the opinion.. Does it mean they cannot access because of encryption? Maybe the security hackers work on this..
I don't think that Ethereum itself is vulnerable to being hacked. Countless independent parties have audited the blockchain and the smart contracts without reporting vulnerabilities.
That's actually really great news.
People are always afraid of hackers regardless of the situation and that piece of news is a great relief
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?
Are you understand how work encryption? In the blockchain private keys not stored. And without this keys access to wallet is closed! No chances. But yes all wallets are clear for view. Try to learn more base knowledge about blockchain 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 don't think that Ethereum itself is vulnerable to being hacked. Countless independent parties have audited the blockchain and the smart contracts without reporting vulnerabilities.
There is nothing online that cannot be hacked, just because it has not been hacked yet does not mean that it is impossible to hack. There are a lot of projects in the past that the creators marketed as unhackable, what happen is that a lot of them got hacked. It just takes a really well organized group of hackers with enough funds to focus their energy on hacking it
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?
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?
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