Well, I don't know when but quantum calculators will be able to hack blockchain if it won't upgrade.
Probably it will require 20 more years, but they are coming! https://en.wikipedia.org/wiki/Quantum_computing
Topic: Is it true that bitcoin immune from hacking & fraud ?? - page 3. (Read 15112 times)
Bitcoin's technology - protocol and cryptography - has a proven, high level of security, and Bitcoin's network is probably the world's largest distributed computing project. The biggest vulnerability in Bitcoin is the mistakes of the users themselves
but several times ago we heard about wallet hacking, even myetherwallet injected by hacker.and much balance lost.no one can guarantee about wallet security after hacker have various technique.
I think Bitcoin has never been hacked. but It was the negligence of its users. Their wallets had been hacked. talking about fraud, Bitcoin is definitely not a fraud. There are just people who use the name of Bitcoin to scam others. so be careful to whom you're making deal with.
As for me, i believe in Bitcoin and its security. It is created long time ago and working till now, and not hacked yet. If to look for personal wallets it don't concern to Bitcoin, it is yuor own thing. Only can be the reason that hackers can hack you. Simple way.
Unfortunately, this is not true, we already know a lot of cases with breaking of wallets ... Be careful when using your wallet, there is a threat at every step ...
There had been no hack in block chain technology so far. Some exchanges were hacked but it is the fault of those exchanges.
Bitcoin's technology - protocol and cryptography - has a proven, high level of security, and Bitcoin's network is probably the world's largest distributed computing project. The biggest vulnerability in Bitcoin is the mistakes of the users themselves
the hack of mt gox have shown that the stolen coins are irreversible and lost forever, but the immunity from hacikng and fraud still exist as the wallets stolen are from exchanges and their lack of security.
so now many projects offer security for wallet, thus giving immunity from hackers. it is very useful for large corporations that store many cryptocurrency assets, because once lost, it means lost all its assetsA lot of high secured exchanges are now everywhere on the internet since the biggest hack of exchange at MtGox at the past. There are still some exhanges that is vulnerable to hacks and that is a proof that there are no sites that is immune to hackers. All sites or even exchanges are vulnerable to hackers, it is just that there are some are hard to be hacked.
I used to think that as long as I am the only one who knows the private key, my wallet will be safe. But I guess that this is not true because hackers are hackers who will find any means to get wallets who have valuable coins.
Consider the value of bitcoin,it has made exchanges prime targets for hacking, and thus has made hacks there quite lucrative..
I mean the anonymity and irrevocability associated with bitcoin transactions means that the money lost is also irrecoverable, CMIIW..
I mean the anonymity and irrevocability associated with bitcoin transactions means that the money lost is also irrecoverable, CMIIW..
I dont think so, Cause bitcoin has a hidden transaction.Scammer,Yes this is immune of that but hacker ? I dont think so , i dod'nt read already news about hacker in bitcoin.
Actually Bitcoin can not be hacked or cheated if you do not create a loopholes for the hacker to do so. Accessing the unknown site as well as providing information related to your wallet will help hackers hack your wallet easily.
You can hack everything, but there are very few ways to do this. If you drop the option, when you steal a unique key, by penetrating your computer - then there is only the option with the selection of this key.
the hack of mt gox have shown that the stolen coins are irreversible and lost forever, but the immunity from hacikng and fraud still exist as the wallets stolen are from exchanges and their lack of security.
A good explanation for many beginners. They simply want to make money quickly without doing anything. Not everyone knows the details of the exchange or bidding associated with crypto.
Consider the value of bitcoin,it has made exchanges prime targets for hacking, and thus has made hacks there quite lucrative..
I mean the anonymity and irrevocability associated with bitcoin transactions means that the money lost is also irrecoverable, CMIIW..
Of course not.bitcoin is prone in hacking cause if you are a hacker you will hack something that you need.and you need money for everyday that is so important that you arrange your account so they didnt have by any hackers nowadays are the best cryptocurrency and it you will do. I mean the anonymity and irrevocability associated with bitcoin transactions means that the money lost is also irrecoverable, CMIIW..
the hack of mt gox have shown that the stolen coins are irreversible and lost forever, but the immunity from hacikng and fraud still exist as the wallets stolen are from exchanges and their lack of security.
so now many projects offer security for wallet, thus giving immunity from hackers. it is very useful for large corporations that store many cryptocurrency assets, because once lost, it means lost all its assetsA lot of high secured exchanges are now everywhere on the internet since the biggest hack of exchange at MtGox at the past. There are still some exhanges that is vulnerable to hacks and that is a proof that there are no sites that is immune to hackers. All sites or even exchanges are vulnerable to hackers, it is just that there are some are hard to be hacked.
the hack of mt gox have shown that the stolen coins are irreversible and lost forever, but the immunity from hacikng and fraud still exist as the wallets stolen are from exchanges and their lack of security.
so now many projects offer security for wallet, thus giving immunity from hackers. it is very useful for large corporations that store many cryptocurrency assets, because once lost, it means lost all its assetsA lot of high secured exchanges are now everywhere on the internet since the biggest hack of exchange at MtGox at the past. There are still some exhanges that is vulnerable to hacks and that is a proof that there are no sites that is immune to hackers. All sites or even exchanges are vulnerable to hackers, it is just that there are some are hard to be hacked.
the hack of mt gox have shown that the stolen coins are irreversible and lost forever, but the immunity from hacikng and fraud still exist as the wallets stolen are from exchanges and their lack of security.
Yeah because of it makes all the things that are in online investment will always have risks. moreover we do not know with whom we work together right ? because everything is anonymous. so you have to be careful with scams and fraud. to save money in bitcoin if you're careful. everything will stay safe the hack of mt gox have shown that the stolen coins are irreversible and lost forever, but the immunity from hacikng and fraud still exist as the wallets stolen are from exchanges and their lack of security.
so now many projects offer security for wallet, thus giving immunity from hackers. it is very useful for large corporations that store many cryptocurrency assets, because once lost, it means lost all its assets Consider the value of bitcoin,it has made exchanges prime targets for hacking, and thus has made hacks there quite lucrative..
I mean the anonymity and irrevocability associated with bitcoin transactions means that the money lost is also irrecoverable, CMIIW..
I think bitcoin can still be hacked. But if we keep our accounts secure and do not tell anyone the information or the security code they exchange, I guess nobody will be able to steal your bitcoin.I mean the anonymity and irrevocability associated with bitcoin transactions means that the money lost is also irrecoverable, CMIIW..
Consider the value of bitcoin,it has made exchanges prime targets for hacking, and thus has made hacks there quite lucrative..
I mean the anonymity and irrevocability associated with bitcoin transactions means that the money lost is also irrecoverable, CMIIW..
I mean the anonymity and irrevocability associated with bitcoin transactions means that the money lost is also irrecoverable, CMIIW..
Hacking is applicable to all agencies no selection for doing this as well as the thing that really big help to them specially in exchanges even in some government site was hacked by the hacker, so we have to prepare on this because hacker can attact anytime. If ever they hacked the exchanges make sure you don't accept immediately the anonymous person who would be able to convince you in any kind of attractive they offer to you.
Fraud is something outside of Bitcoin, so you can't blame Bitcoin for others tricking and defrauding others.
Jump to: