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Author Topic: Can Bitcoin be additionally encrypted and Internet banking S/W corrupt BTC?  (Read 485 times)
kjng4400 (OP)
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February 22, 2016, 01:04:16 PM
 #1

Dear Users.

I need a help from the experts in this community very urgently. Would be greatly appreciated.

1) Someone strongly insists that BTC can be additionally encrypted(the details of the way how it was encrypted was not informed unfortunately) and sent from Bitcoin core QT to another Bitcoin core QT.
   - Is it true that a normal BTC can be additionally encrypted by an individual?   

2) Someone strongly insists that some of internet banking related security S/W can affect a normal BTC or additionally encrypted (the details of the way how it was encrypted was not informed unfortunately) in a way of corrupting an additionally encrypted BTC and results in data packet of BTC corrupted and changed on a PC.

3) Then if such a BTC additionally encrypted or a normal BTC courrupted and packet changed is sent, can it be transacted through a Blockchain?

Can you please let me know if 2 above are true? This is something related to important financial matter.

Thank you very much.
Please answer me.....
achow101
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February 22, 2016, 01:37:31 PM
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What do you mean "encrypt a BTC"? In bitcoin there if no such thing as a " bitcoin", there are only transactions and the outputs generated by transactions.

Reynaldo
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February 22, 2016, 02:58:06 PM
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There's no such thing.
DannyHamilton
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February 22, 2016, 03:53:55 PM
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Dear Users.

I need a help from the experts in this community very urgently. Would be greatly appreciated.

You need to explain what you are trying to accomplish, because most of what you say doesn't make any sense.

1) Someone strongly insists that BTC can be additionally encrypted(the details of the way how it was encrypted was not informed unfortunately) and sent from Bitcoin core QT to another Bitcoin core QT.
   - Is it true that a normal BTC can be additionally encrypted by an individual?

You can encrypt a private key, or you can encrypt a wallet.  You could then decrypt and import that private key or wallet into another Bitcoin Core.

You cannot encrypt a bitcoin because bitcoins don't actually exist.  The concept of "a bitcoin" is just an abstraction that we humans use to make it easier to discuss the concept of transferring control over value.

2) Someone strongly insists that some of internet banking related security S/W can affect a normal BTC or additionally encrypted (the details of the way how it was encrypted was not informed unfortunately) in a way of corrupting an additionally encrypted BTC and results in data packet of BTC corrupted and changed on a PC.

I'm sorry, I can't even manage a reasonable guess at what you are trying to say there.

Something about banking, and then something with an S and a W, then something about corrupting bitcoins and data packets?

Is there a question in there?  Are you trying to explain a process?  I simply don't understand.

3) Then if such a BTC additionally encrypted or a normal BTC courrupted and packet changed is sent, can it be transacted through a Blockchain?

To transact bitcoins via the bitcoin blockchain, you need to use software that will create a transaction spending unspent outputs that you have control over, and creating new unspent outputs that are under the control of the recipient.  This is done by keeping track of which unspent outputs in the blockchain are able to access with your private keys, and knowing the requirements of the recipient.

Can you please let me know if 2 above are true? This is something related to important financial matter.

What sort of financial matter?  Perhaps if you explained your use case, you'd get better help.
Jet Cash
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February 22, 2016, 04:21:52 PM
 #5

I assume s/w means software. I'm not sure if he is talking about a fiat bank, a Bitcoin bank, or an exchange service. I believe that some Bitcoin service providers use additional encryption. Perhaps the OP can provide more details.

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