Bitcoin is not controlled by a client. It's purely interlinked between network, so every data transaction gets added to the public database. The technology backing has a open source coding, so that it can be developed based upon increased security. Also confirmations got from various nodes make it more secure.
i think the reason is that bitcoin is not under the control of nay one, and that the reason that bitcoin is a secure technology. i think it is not such an easy job to hack bitcoin. therefore i is more secure technology. 
Topic: Why is Bitcoin such a secure technology? (Read 1246 times)
Sometimes people ask me "What makes Bitcoin so secure? Why is this technology so safe?
How would you answer this question? Do I have to answer it with regards to Proof of Work?
Thanks for your thoughts on this
How would you answer this question? Do I have to answer it with regards to Proof of Work?
Thanks for your thoughts on this
Bitcoin is secure because it is based on proven state-of-the-art cryptography and the blockchain technology which allows to make transactions in a trustless network without using a banking system. Bitcoin itself is a banking system. When making payments with fiat, you have to trust your bank that it won't steal your money. With Bitcoin, you don't have to trust anyone specifically. Basically, you trust the payment system itself.
Sometimes people ask me "What makes Bitcoin so secure? Why is this technology so safe?
How would you answer this question? Do I have to answer it with regards to Proof of Work?
Thanks for your thoughts on this
How would you answer this question? Do I have to answer it with regards to Proof of Work?
Thanks for your thoughts on this
Good day to you
i would like to share my ideas and experience about how secure and safe. Well its because bitcoin is a money its very very important like the money from the real world but still its seems like fake but as you can see bitcoin is one special creation a money in the internet it is valued by the government because they accept bitcoin as a payment or salary and you can even bank it out its very safe because the one you put the bitcoin in has a secure website and its very safe to put it.. but the best thing to do is try it yourself because once you tried it you will be in the bitcoin world if it fails you can spread the world that bitcoin has no security. That i would like to say if someone ask me well thank you for making this topic i had really great time thinking 
Good day 
Sometimes people ask me "What makes Bitcoin so secure? Why is this technology so safe?
How would you answer this question? Do I have to answer it with regards to Proof of Work?
Thanks for your thoughts on this
How would you answer this question? Do I have to answer it with regards to Proof of Work?
Thanks for your thoughts on this
I think its because you alone can monitor your accounts. You can monitor your investments and trading transactions and if ever there is scam it will report immediately. We need a good strategy and smart decisioning in Bitcoin world.
Bitcoin is not controlled by a client. It's purely interlinked between network, so every data transaction gets added to the public database. The technology backing has a open source coding, so that it can be developed based upon increased security. Also confirmations got from various nodes make it more secure.
Why is bitcoin such a secure technology? well, as we can see, bitcoin was created long time ago, it become a long term currency. I see bitcoin a secure technology because it can save the money we get. And we all know that bitcoin is an open source and decentralized, and this means that anyone can access the entire codes at any time but since it is secure, no one hackers hacked bitcoin.
Sometimes people ask me "What makes Bitcoin so secure? Why is this technology so safe?
How would you answer this question? Do I have to answer it with regards to Proof of Work?
Thanks for your thoughts on this
because bitcoin save our money , wiil be very dangerous if does not include secure .. it would be easy for thefts from hacker How would you answer this question? Do I have to answer it with regards to Proof of Work?
Thanks for your thoughts on this
Bitcoin is backed by math, and math cannot be broken. It is mathematically impossible to attack the bitcoin network, it simply cannot happen. We know that nobody can hack the system unless some aliens visit us and give the government an advanced quantum computer or something, which yeah its just not going to happen.
Bitcoin is backed by math,
bitcoin is also hacked by math.
It's an arms race.
He with the better math can hack your inferior math.
Bitcoin is backed by math, and math cannot be broken. It is mathematically impossible to attack the bitcoin network, it simply cannot happen. We know that nobody can hack the system unless some aliens visit us and give the government an advanced quantum computer or something, which yeah its just not going to happen.
Bitcoin is backed by math,
bitcoin is also hacked by math.
It's an arms race.
He with the better math can hack your inferior math.
Bitcoin is backed by math, and math cannot be broken. It is mathematically impossible to attack the bitcoin network, it simply cannot happen. We know that nobody can hack the system unless some aliens visit us and give the government an advanced quantum computer or something, which yeah its just not going to happen.
Sometimes people ask me "What makes Bitcoin so secure? Why is this technology so safe?
How would you answer this question? Do I have to answer it with regards to Proof of Work?
Thanks for your thoughts on this
Well the simple answer is once a transaction is made its not possible in any way to reverse it and bitcoin is completely a virtual currency so if you protect it well its damn hard to steal it. But still its not 100% secure. How would you answer this question? Do I have to answer it with regards to Proof of Work?
Thanks for your thoughts on this
Nice question and topic, I also was in situation where people asked me how we know that bitcoin is safe and secure currency, and I didn't know what to tell them.
I like second comment, simple explanation and very easy to remember. Blockchain is technology for the future, people should be aware of this fact how bitcoin works and that its not easy to make a copy of bitcoin. It's good to know how to explain to someone new, I think this is perfect way, but I bet there will be more good comments here.
I like second comment, simple explanation and very easy to remember. Blockchain is technology for the future, people should be aware of this fact how bitcoin works and that its not easy to make a copy of bitcoin. It's good to know how to explain to someone new, I think this is perfect way, but I bet there will be more good comments here.
Same here. Since it more technical to explain how this blockchain works and its hard to explain in laymans term. Thank you for the explanation above, bt still im trying to simplify and grasp the important details. lol
I cant understand also. haha it is something more technical and the words for me are new! Though thank you for explaining
. It just i cant understand the blockchain technology but now i do have some ideas or something in my mind what is all about the blockchain.if your looking for the differences of cryptocurrency and blockchain
cryptocurrency is the umbrella term for any currency using cryptographic keypairs (public/private keys) to secure transactions or balances.
blockchain is where data is locked together in blocks that contains some info of a previous block of data to make it ever increasingly harder to manipulate old data as new blocks are formed ontop.
some blockchains dont need to be public.
some blockchains dont need to be transacting in logs of fund movements, but instead total balances group agrees
some blockchains dont need to contain data related to financial value
but as long as there is a block of data, chained to other blocks of data. its a blockchain
which is why banks and other corporations outside bitcoin are missing the whole concept. by only colourfully talking about 1 security feature which on its own is not strong. they will never get something as immutable as bitcoin
bitcoin works great because it uses both cryptocurrency tech, blockchain tech and atleast 8 other security features aswell.
Pretty much offtopic, but it's a lot of fun to watch even the best worldwide financial market analysts failing to understand the Bitcoin concept.
Because bitcoin has a good developers and think about the risk and focus more to the security of it. And for sure no one is going to ever break down the security of bitcoin and as well as the blockchain technology that is being used by a lot of bitcoin people. This is one of the strongest and secured currency in the world.
Sometimes people ask me "What makes Bitcoin so secure? Why is this technology so safe?
How would you answer this question? Do I have to answer it with regards to Proof of Work?
Thanks for your thoughts on this
In my own words and opinion blockchain makes bitcoins secured.How would you answer this question? Do I have to answer it with regards to Proof of Work?
Thanks for your thoughts on this
A blockchain which transaction and confirmations is the path of which makes it secure the proof is what you will only see is the transaction numbers ,you can't see the real identity of sender or receiver and even the hackers can't trace it .
Sometimes people ask me "What makes Bitcoin so secure? Why is this technology so safe?
How would you answer this question? Do I have to answer it with regards to Proof of Work?
Thanks for your thoughts on this
How would you answer this question? Do I have to answer it with regards to Proof of Work?
Thanks for your thoughts on this
To be honest,i don`t know.I`m not such a nerd.
There is no 100% secure technology ,but bitcoin is secure enough.
I think that bitcoin is more secure,compared to all the other altcoins.
Nice question and topic, I also was in situation where people asked me how we know that bitcoin is safe and secure currency, and I didn't know what to tell them.
I like second comment, simple explanation and very easy to remember. Blockchain is technology for the future, people should be aware of this fact how bitcoin works and that its not easy to make a copy of bitcoin. It's good to know how to explain to someone new, I think this is perfect way, but I bet there will be more good comments here.
I like second comment, simple explanation and very easy to remember. Blockchain is technology for the future, people should be aware of this fact how bitcoin works and that its not easy to make a copy of bitcoin. It's good to know how to explain to someone new, I think this is perfect way, but I bet there will be more good comments here.
Same here. Since it more technical to explain how this blockchain works and its hard to explain in laymans term. Thank you for the explanation above, bt still im trying to simplify and grasp the important details. lol
I cant understand also. haha it is something more technical and the words for me are new! Though thank you for explaining
. It just i cant understand the blockchain technology but now i do have some ideas or something in my mind what is all about the blockchain.if your looking for the differences of cryptocurrency and blockchain
cryptocurrency is the umbrella term for any currency using cryptographic keypairs (public/private keys) to secure transactions or balances.
blockchain is where data is locked together in blocks that contains some info of a previous block of data to make it ever increasingly harder to manipulate old data as new blocks are formed ontop.
some blockchains dont need to be public.
some blockchains dont need to be transacting in logs of fund movements, but instead total balances group agrees
some blockchains dont need to contain data related to financial value
but as long as there is a block of data, chained to other blocks of data. its a blockchain
which is why banks and other corporations outside bitcoin are missing the whole concept. by only colourfully talking about 1 security feature which on its own is not strong. they will never get something as immutable as bitcoin
bitcoin works great because it uses both cryptocurrency tech, blockchain tech and atleast 8 other security features aswell.
Nice question and topic, I also was in situation where people asked me how we know that bitcoin is safe and secure currency, and I didn't know what to tell them.
I like second comment, simple explanation and very easy to remember. Blockchain is technology for the future, people should be aware of this fact how bitcoin works and that its not easy to make a copy of bitcoin. It's good to know how to explain to someone new, I think this is perfect way, but I bet there will be more good comments here.
I like second comment, simple explanation and very easy to remember. Blockchain is technology for the future, people should be aware of this fact how bitcoin works and that its not easy to make a copy of bitcoin. It's good to know how to explain to someone new, I think this is perfect way, but I bet there will be more good comments here.
Same here. Since it more technical to explain how this blockchain works and its hard to explain in laymans term. Thank you for the explanation above, bt still im trying to simplify and grasp the important details. lol
I cant understand also. haha it is something more technical and the words for me are new! Though thank you for explaining
. It just i cant understand the blockchain technology but now i do have some ideas or something in my mind what is all about the blockchain. 
because bitcoin transactions have a very difficult track with high security system, but transactions difficult to track that becomes the target of hackers upper level to always try to hack and steal bitcoin. but I guess until now bitcoin is still a safe technology
Nice question and topic, I also was in situation where people asked me how we know that bitcoin is safe and secure currency, and I didn't know what to tell them.
I like second comment, simple explanation and very easy to remember. Blockchain is technology for the future, people should be aware of this fact how bitcoin works and that its not easy to make a copy of bitcoin. It's good to know how to explain to someone new, I think this is perfect way, but I bet there will be more good comments here.
I like second comment, simple explanation and very easy to remember. Blockchain is technology for the future, people should be aware of this fact how bitcoin works and that its not easy to make a copy of bitcoin. It's good to know how to explain to someone new, I think this is perfect way, but I bet there will be more good comments here.
Same here. Since it more technical to explain how this blockchain works and its hard to explain in laymans term. Thank you for the explanation above, bt still im trying to simplify and grasp the important details. lol
When they ask me "can't bitcoin be shut down?" I answer "can the internet be shut down?"
NO!
A person understands bitcoin the moment she understands decentralisation.
the Internet can be shut down..... and the correct answer is yes... everything is always having the chance for getting a break and like the stone is very strong or harsh can be a broken and why bitcoin is can't die? NO!
A person understands bitcoin the moment she understands decentralisation.
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