Bitcoin Forum
November 18, 2017, 06:47:20 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 »  All
  Print  
Author Topic: Can fake bitcoins be created?  (Read 11369 times)
jeraldskie11
Sr. Member
****
Offline Offline

Activity: 406



View Profile
May 31, 2017, 03:40:02 AM
 #121

It seems to me that counterfeiting bitcoin is also possible, probable) although I honestly do not know how it can be done
Yes, youre right. We can say that bitcoin can be duplicated but you know, if they will duplicate bitcoin it could be non sense. They are wasting their time if they do that style and if they know that he will interupt the geniune bitcoin, they will instantly make a duplicate on that first day they know.

██
█║█
║║║
║║║
█║█
██
'BTC MULTI-WALLET SOON'
▬▬▬ Download WHITEPAPER ▬▬▬

                    ▄██▄
                  ▄██████▄
                ▄██████████
              ▄██████████▀   ▄▄
            ▄██████████▀   ▄████▄
          ▄██████████▀    ████████▄
         ██████████▀      ▀████████
         ▀███████▀   ▄███▄  ▀████▀   ▄█▄
    ▄███▄  ▀███▀   ▄███████▄  ▀▀   ▄█████▄
  ▄███████▄      ▄██████████     ▄█████████
  █████████    ▄██████████▀    ▄██████████▀
   ▀█████▀   ▄██████████▀    ▄██████████▀
     ▀▀▀   ▄██████████▀    ▄██████████▀
          ██████████▀    ▄██████████▀
          ▀███████▀      █████████▀
            ▀███▀   ▄██▄  ▀█████▀
                  ▄██████▄  ▀▀▀
                  █████████
                   ▀█████▀
                     ▀▀▀
e i d o o
██

███▀▀
▐▐▌
▐▌
▐▌
▐▐▌
███▄▄
▀▀███
▐▌▌
▐▌
▐▌
▐▌▌
▄▄███
1510987640
Hero Member
*
Offline Offline

Posts: 1510987640

View Profile Personal Message (Offline)

Ignore
1510987640
Reply with quote  #2

1510987640
Report to moderator
1510987640
Hero Member
*
Offline Offline

Posts: 1510987640

View Profile Personal Message (Offline)

Ignore
1510987640
Reply with quote  #2

1510987640
Report to moderator
Coinlancer is Disrupting the Freelance marketplace!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
DoublerHunter
Hero Member
*****
Offline Offline

Activity: 616

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
May 31, 2017, 03:56:49 AM
 #122

What will happen if bitcoin is made false in such a way ??

Bitcoin is not being made, it is being mined and there is no way for a person to create bitcoin just like original because if they create bitcoin from their own then it is obviously fake and can be notice easily. Bitcoin has a fixed supply and it will not be created because it is only designed to be mined, I hope it answer your question.

soul-impact
Hero Member
*****
Offline Offline

Activity: 672



View Profile
May 31, 2017, 04:34:04 AM
 #123

What will happen if bitcoin is made false in such a way ??

Bitcoin is not being made, it is being mined and there is no way for a person to create bitcoin just like original because if they create bitcoin from their own then it is obviously fake and can be notice easily. Bitcoin has a fixed supply and it will not be created because it is only designed to be mined, I hope it answer your question.

To my knowledge, bitcoin is only exploited in lakes, and they are allowed to use developer algorithms. Although they make their own bitcoins, it is essentially the same bitcoin as the original. They do not do anything wrong.

            ▄▄▄███████████▄▄▄
        ▄▄█████████████████████▄
      ▄██████████████████████████▄
    ▄█████████████████▀▀▀██████████
   █████████████████       ███████
  ██████▀▀▀████████   ███   ██████   █
 █████       ██████   ███   ██████   ██
 ████   ███   █████   ███   █████   ███
█████   ███   █████   ███    ████   ████
█████   ███   █████   ████   ████   ████
████    ███   ████   █████   ███   █████
████   ████   ████   █████   ███   █████
▀███   ████   ████   ██████       █████
 ███   █████   ███   ████████▄▄▄███████
  █   ██████   ███   █████████████████
      ███████       █████████████████
     ██████████▄▄▄█████████████████▀
     ▀███████████████████████████▀
       ▀▀██████████████████████▀
           ▀▀▀████████████▀▀▀



Worldcore
▄▄
██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
▀▀  ██
    ██
    ▄▄
    ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ▀▀
██   
dothebeats
Legendary
*
Offline Offline

Activity: 1274


Hire me as your Morty!


View Profile WWW
May 31, 2017, 04:38:33 AM
 #124

There was once an instance in which people were able to create fake thousands of bitcoins back then but it was immediately patched by devs. Right now on how bitcoin works, I don't even think that it is still possible to create fake bitcoins and put it in circulation. You still can create one however it is only possible in the testnet and not on the main network/client.

MFahad
Hero Member
*****
Offline Offline

Activity: 616


https://gexcrypto.io


View Profile
May 31, 2017, 04:54:54 AM
 #125

It seems to me that counterfeiting bitcoin is also possible, probable) although I honestly do not know how it can be done
Yes, youre right. We can say that bitcoin can be duplicated but you know, if they will duplicate bitcoin it could be non sense. They are wasting their time if they do that style and if they know that he will interupt the geniune bitcoin, they will instantly make a duplicate on that first day they know.

Imaginary, we think that anyone can make duplicate bitcoin, than it is really non sense thinking, except wasting time and hard working and in reality bitcoin is very strong cyrpto currency, it is impossible to make bitcoin anyone at home. Although we already have original bitcoin than why we take turn in a wrong way, should use bitcoin and start to earn with it.

             ███
     ▄▄▄▄▄   ▀▀▀
  ▄█████████▄
 ███▀     ▀███▄
███         ███
███         ███
 ███▄     ▄████
  ▀████████████
     ▀▀▀▀▀  ███
            ███
███▄       ▄███
 ▀███▄▄▄▄▄███▀
   ▀▀█████▀▀
gexcrypto
E X C R Y P T O

Global Trading Corp.
████
████
████
████
████  ████
████  ████
████  ████
████  ████
████  ████
      ████
      ████
      ████
      ████
YOUR COMPREHENSIVE CRYPTO TRADING PLATFORM
|       WHITEPAPER       |       FACEBOOK       |       TWITTER       |       ANN THREAD       |
████
████
████
████
████  ████
████  ████
████  ████
████  ████
████  ████
      ████
      ████
      ████
      ████
notyours
Full Member
***
Offline Offline

Activity: 210


DITCOIN IS NUMBAWAN!


View Profile
May 31, 2017, 05:09:10 AM
 #126

For me no specific answer is correct. But it depend if the bitcoin has a low quality security that bypass a hacker or people that have intention to copy all info or copy bitcoin. But all i see, it can't be fake because i know, creating or programmed the blockchain is very hard and i think they are so smart to create that bitcoin to bypass or copy.

CasinoRoyal.one
Jr. Member
*
Offline Offline

Activity: 52


View Profile
May 31, 2017, 05:19:32 AM
 #127

Anything is possible, but the amount of computing power needed just isn't available.
iamTom123
Sr. Member
****
Offline Offline

Activity: 420

ChipMixer ChipMixer ChipMixer ChipMixer


View Profile
May 31, 2017, 05:57:17 AM
 #128

Anything is possible, but the amount of computing power needed just isn't available.

Yes, this can be true and this means essentially that it is impossible for now. Maybe one day they can be able to do it but then again the level of security available for Bitcoin has already gone up and it would be impossible for anyone or group of people to come up or level up to the technology they want to topple and exploit. Those people who are imagining such a scenario better use their talents, time and resources to introduce an alternative coin and introduce it through an ICO.

ilovefeetsmell
Sr. Member
****
Offline Offline

Activity: 448



View Profile
May 31, 2017, 08:19:09 AM
 #129

As we all know that everything have a blueprint. It's not that much difficult to make fake money if you have blueprints(in case of real cash). I was wondering if anyone found blueprints(algorithm/code) of bitcoins.

Is it possible to duplicate bitcoins?
I don't really imagine that they will wage earner. People that will gonna do this is a desperate people to fool others. I think it will not happens, our age today were very secured and they will create an alternative way to recover over that. I don't know what's behind on how to create a bitcoin. We as ordinary people don't know the logic behind it. We utilized it but we don't know how its made. It is easy to use rather than to make.

         ▄▄▀▀▄▄
     ▄▄▀▀  ▄▄  ▀▀▄▄
 ▄▄▀▀  ▄▄▀▀  ▀▀▄▄  ▀▀▄▄
█  ▄▄▀▀          ▀▀▄▄  █
█ █   ██▄▄     ▄██   █ █
█ █   ▄ ▀▀█▄▄ ▀▀██   █ █
█ █   ███▄ ▀▀██ ██   █ █
█ █   ██      ▀ ██   █ █
█ █   ██        ██   █ █
█  ▀▀▄▄          ▄▄▀▀  █
 ▀▀▄▄  ▀▀▄▄  ▄▄▀▀  ▄▄▀▀
     ▀▀▄▄  ▀▀  ▄▄▀▀
         ▀▀▄▄▀▀
Modex              
SMART CONTRACT MARKETPLACE
██▄▄
████  ██▄▄
████  ████
████  ████
████  ████
████  ████
████  ████
████  ████

████  ████

████  ████

████  ████

▀▀██  ████

      ▀▀██
TWITTER          LINKEDIN          SLACK
▬▬▬▬▬    FACEBOOK          TELEGRAM    ▬▬▬▬▬
DEVELOP  ●  DISTRIBUTE  ●  DEPLOY
██▄▄
████  ██▄▄
████  ████
████  ████
████  ████
████  ████
████  ████
████  ████

████  ████

████  ████

████  ████

▀▀██  ████

      ▀▀██
██▄▄
████  ██▄▄
████  ████
████  ████
████  ████
████  ████
████  ████
████  ████

████  ████

████  ████

████  ████

▀▀██  ████

      ▀▀██
Yuri1890
Newbie
*
Offline Offline

Activity: 19


View Profile
May 31, 2017, 09:09:05 AM
 #130

For Me , Bitcoin Can Be Duplicate By A Professional Hacker In The World , But Not At the Same Time Can He/she Connect to the system/site/organization of bitcoin
Theb
Sr. Member
****
Offline Offline

Activity: 378


VIABET.IO PRE-ICO | NOV 14


View Profile
May 31, 2017, 09:13:49 AM
 #131

Pretty much it is slim to none. Because when you look at the security of Bitcoin it is well connected in the Blockchain system every transaction you see and how it goes to where. Suppose that you have created a fake Bitcoin how do you suppose to put it in the Blockchain system? With that move you are pretty much screwed because you cannot inject something that is already in the system, also the devs will notice on where does fake Bitcoins come from, on what origin is it.

      ▄▄████████▄▄
   ▄███▀▀      ▀▀███▄
  ██▀              ▀██
 ██                   █
█     ██  ██     ███ 
 █   ██   ██    ██ ██
  ██ ██    ██   ██  
█  ██     ██  ██     █    
 █                   ██
  ██▄              ▄██
   ▀███▄▄      ▄▄███▀
      ▀▀████████▀▀
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
WORLD’S FIRST CLOUD BETTING PLATFORM
♦    Whitepaper  Bounty  Telegram  Twitter  Facebook   
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
      ▄▄████████▄▄
   ▄███▀▀      ▀▀███▄
  ██▀              ▀██
 █████      ██
██       ██           ██
██       ██▄       ██
██       ██▀▀       ██
██       ██           ██
 ██      ██
  ██▄              ▄██
   ▀███▄▄      ▄▄███▀
      ▀▀████████▀▀
SingAlong
Member
**
Offline Offline

Activity: 112


View Profile
May 31, 2017, 10:35:44 AM
 #132

As we all know that everything have a blueprint. It's not that much difficult to make fake money if you have blueprints(in case of real cash). I was wondering if anyone found blueprints(algorithm/code) of bitcoins.

Is it possible to duplicate bitcoins?

it's pretty much totally impossible. to duplicate coins, or create new ones that aren't a part of the regular system would require overcoming the encryption and cryptography involved. it would require more computing power than has ever existed, combined and multiplied a hundred times over.

technically it's possible to spend coins to two different addresses at once. it's known as a double spend. but to DO it requires the blockchain to be split and overwritten by another branch. you'd need more computing power to do it than 51% of the network.

so, NO. no bitcoins cannot be duplicated or forged.

The good thing about Bitcoin and other cryptocurrencies is that it is not prone to such thing: duplicate or forgery. The reasons have been stated. This characteristic of Bitcoin and other cryptocurrencies is what makes it different from fiat. The thing is we didn't say it can't and is impossible because there are such no case exist but because of this the logical reason which makes the idea itself impossible.
gamerz29
Newbie
*
Offline Offline

Activity: 21

Aventus Bounty


View Profile
May 31, 2017, 10:52:52 AM
 #133

I think its not possible because bitcoin has a high security that cannot bypass by any one, or maybe some people have a skills that can copy or make a blueprint of bitcoin.

ΛΛ  A V E N T U S ⟹ Blockchain event ticketing solution (https://aventus.io)
icecube45
Hero Member
*****
Offline Offline

Activity: 798


View Profile WWW
May 31, 2017, 12:36:21 PM
 #134

As far as I know crypto like bitcoin is made based on cryptographic technology that makes it can not be duplicated. So I'm not sure if anyone found the blueprint (algorithm/code) bitcoin. So I think fake bitcoins can not be created because this is the safest technology. Maybe if someone is able to duplicate bitcoin I can say he is a very very unusual person, because it is complicated enough to understand it.
AK47-
Sr. Member
****
Offline Offline

Activity: 322


Hero-The Future of Banking in Southeast Asia


View Profile
May 31, 2017, 12:54:46 PM
 #135

It is possible but not practical at all. For it you need to have computational power equals to all of the miners put together. Because you would have to out compute all the other miners to get your fake transaction validated faster than them. But if you had that much computational power, there are far more better things to do instead of creating fake bitcoins.

▄████████████████████▄
██████████████████████
██████  ██████████████
██████  ██████████████
██████  ██████████████
██████  ██      ██████
██████  █  ████  █████
██████   ██████  █████
██████  ███████  █████
██████  ███████  █████
██████████████████████
██████████████████████
▀████████████████████▀
HERO.        The Future of Banking in Southeast Asia
  ■ Website   ■ Whitepaper   ■ Bounties   ■ Join our Slack
.    PRE-SALE
   starting soon
olliedickman
Full Member
***
Offline Offline

Activity: 226



View Profile
May 31, 2017, 01:26:19 PM
 #136

What will happen if bitcoin is made false in such a way ??

The blockchain will not accept it and soon it will be destroyed. It is very easy to understand bro

▬▬▬▬▬  bitJob The Student Marketplace  ▬▬▬▬▬
█ █         [Whitepaper] [Telegram] [slack] [ANN Thread]         █ █
▬▬▬▬▬   TOKEN SALE ▶ Sept 12th, 2017   ▬▬▬▬▬
orarider
Sr. Member
****
Offline Offline

Activity: 261



View Profile
May 31, 2017, 03:11:11 PM
 #137

As we all know that everything have a blueprint. It's not that much difficult to make fake money if you have blueprints(in case of real cash). I was wondering if anyone found blueprints(algorithm/code) of bitcoins.

Is it possible to duplicate bitcoins?


That is impossible. Bitcoin is just a virtual currency, it is not material that exists in the world we live in, so we can not fake it. Because it does not exist, we can not duplicate it, it is also the difference between Bitcoin and paper money

            ▄▄▄███████████▄▄▄
        ▄▄█████████████████████▄
      ▄██████████████████████████▄
    ▄█████████████████▀▀▀██████████
   █████████████████       ███████
  ██████▀▀▀████████   ███   ██████   █
 █████       ██████   ███   ██████   ██
 ████   ███   █████   ███   █████   ███
█████   ███   █████   ███    ████   ████
█████   ███   █████   ████   ████   ████
████    ███   ████   █████   ███   █████
████   ████   ████   █████   ███   █████
▀███   ████   ████   ██████       █████
 ███   █████   ███   ████████▄▄▄███████
  █   ██████   ███   █████████████████
      ███████       █████████████████
     ██████████▄▄▄█████████████████▀
     ▀███████████████████████████▀
       ▀▀██████████████████████▀
           ▀▀▀████████████▀▀▀



Worldcore
▄▄
██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
▀▀  ██
    ██
    ▄▄
    ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ▀▀
██   
micher143
Sr. Member
****
Offline Offline

Activity: 434



View Profile
May 31, 2017, 03:44:25 PM
 #138

As we all know that everything have a blueprint. It's not that much difficult to make fake money if you have blueprints(in case of real cash). I was wondering if anyone found blueprints(algorithm/code) of bitcoins.

Is it possible to duplicate bitcoins?
Yes it is possible to happen. why? as what you've said everything has a blueprint. If people want to make a fake bitcoin then they will find a way for it. Its not hard for them specially when they did that already many times in other type money like paper money.


          ▄▄█████▌▐█████▄▄
       ▄█████████▌    ▀▀▀███▄
     ▄███████████▌  ▄▄▄▄   ▀██▄
   ▄█████████████▌  ▀▄▄▀     ▀██▄
  ▐██████████████▌  ▄▄▄▄       ▀█▌
 ▐███████████████▌             ▀█▌
 ████████████████▌  ▀▀▀█         ██
▐████████████████▌  ▄▄▄▄         ██▌
▐████████████████▌  ▀  ▀         ██▌
 ████████████████▌  █▀▀█         ██
 ▐███████████████▌  ▀▀▀▀        ▄█▌
  ▐██████████████▌  ▀▀▀▀       ▄█▌
   ▀█████████████▌  ▀▀█▀     ▄██▀
     ▀███████████▌  ▀▀▀▀   ▄██▀
       ▀█████████▌    ▄▄▄███▀
          ▀▀█████▌▐█████▀▀
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
      ▄▄▄
 ▄▄█████████▄▄
  ▀▀▀▀▀▀▀▀▀▀▀
   █▌▐█ █▌▐█
   █▌▐█ █▌▐█
 ▄███████████▄
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄






▄█████████████▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
███████████████
██▀▀█▀▀████████
▀█████████████▀
Blackwhite69
Full Member
***
Online Online

Activity: 196



View Profile
May 31, 2017, 06:01:48 PM
 #139

I never even thought about how to make a fake bitcoin in its original form and Can be used.  Wink

skorupi17
Sr. Member
****
Offline Offline

Activity: 266



View Profile
May 31, 2017, 09:09:17 PM
 #140

As we all know that everything have a blueprint. It's not that much difficult to make fake money if you have blueprints(in case of real cash). I was wondering if anyone found blueprints(algorithm/code) of bitcoins.

Is it possible to duplicate bitcoins?
Yes it is possible to happen. why? as what you've said everything has a blueprint. If people want to make a fake bitcoin then they will find a way for it. Its not hard for them specially when they did that already many times in other type money like paper money.

If so, why there are no "fake bitcoins" until now? To think that the "blueprint" you speak of is open to the public years ago. To justify that, alt coins exists. It is hard to generate a fake bitcoin because in doing so, you have to fool the blockchain and make it see that your fake bitcoin is a real deal. Faking fiat is easy because you can see and touch it, but in the case of bitcoin, it is a total opposite.

MOYΛ NETWORKS
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀  ▀▀  ▀▀▀▀  ▀▀
                    ▄▄█████▄
                 ▄███████████▄
               ▄██████████████
             ▄█████▀▀   ▀█████             ▄▄▄▄▄             ▄▄
           ▄████▀        █████          ▄████████▄         ▄██▀
         ▄████▀          ████         ▄████▀▀▀▀███      ▄███▀
       ▄████▀           ▄████       ▄████▀     ████  ▄████▀
      ▄███▀             █████     ▄████▀        ███████▀
     ▄███▀              █████   ▄████▀           ▀███▀
    ███▀                ▀████▄█████▀
  ▄███▀                  ▀██████▀▀
 ███▀                      ▀▀▀▀
███▀
WHITEPAPER
.
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
FACEBOOK     TWITTER     LINKEDIN
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!