ayurvedicurea2growtaller (OP)
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Activity: 28
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July 01, 2017, 12:04:49 AM |
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can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
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"Governments are good at cutting off the heads of a centrally
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to be holding their own." -- Satoshi
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lottery248
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Merit: 1005
beware of your keys.
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July 01, 2017, 12:09:25 AM |
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if you wanna have a better security, i would recommend to have a multi signature wallet (the address with prefix of 3 instead of 1). in case of possibility of being hacked, they need certainly large amount of computing power which consumes all the possible energy in the Earth as there are more than googol (IIRC) of possible combinations and not all the private key is valid for bitcoin address.
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out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded
i am not really active for some reason
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ranochigo
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Activity: 2954
Merit: 4165
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July 01, 2017, 12:16:20 AM |
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can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
It is possible, 100%. That is if you don't have sufficient security measures. If you adopt good security measures, the chances are next to zero. Bitcoin don't have any vulnerability that allows anyone to guess your private key with a fair amount of computing power. If you want to safeguard yourself, you have to create a cold storage. Multisig won't work at all if all the addresses are generated on the same computer. |
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hatshepsut93
Legendary
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Activity: 2954
Merit: 2145
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July 01, 2017, 12:38:51 AM |
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if you wanna have a better security, i would recommend to have a multi signature wallet (the address with prefix of 3 instead of 1). in case of possibility of being hacked, they need certainly large amount of computing power which consumes all the possible energy in the Earth as there are more than googol (IIRC) of possible combinations and not all the private key is valid for bitcoin address.
Seems like you are theorizing about brute force hack, in which case multi-signature doesn't really matter, because even a single private key can't be hacked in that way. But it's possible that your bitcoin wallet get "stolen" by a specific virus, and your password too with a keylogger, so hackers can get access to your wallet without cracking private keys. There are also viruses that replace Bitcoin addresses on clipboard when you are just about to send coins. So, keeping your PC safe is #1 priority when you are using Bitcoin. |
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btcjocan
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July 01, 2017, 12:40:35 AM |
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if you wanna have a better security, i would recommend to have a multi signature wallet (the address with prefix of 3 instead of 1). in case of possibility of being hacked, they need certainly large amount of computing power which consumes all the possible energy in the Earth as there are more than googol (IIRC) of possible combinations and not all the private key is valid for bitcoin address.
You're the one whose liable of your private key and for me the safest way to prevent those hackers to enter your privacy is turn off your location. More of those attackers were now traveling around the internet network searching for good stuff. Avoid sharing your personal informations like e-mails with those strangers, you might be linked with that which causes you to be more vurnerable of hacks. Strong wallet security keys should be combined and don't let it be transparent to anybody even your closest friend might be the sources of private informations to leak. |
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EXtremeAEX
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July 01, 2017, 01:32:46 AM |
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No, thats the good thing about Bitcoin, is that you have security and privacy.  Of course if you have an online wallet, your password may be stolen somehow, especially if you use same passwords in many sites. Just keep your private keys safe, and don't let anyone have access to it. |
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vh
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July 01, 2017, 01:43:14 AM |
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There are many types of wallets.
Hosted wallet. Desktop wallets (online/offline). Mobile wallets (online/offline). Hardware wallets. Paper wallets.
The hardest ones to hack into is the ones without a path for hackers to reach.
Start reading up on the way bitcoins are common stolen and you'll be able to be more careful protecting it.
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airdnasxela
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July 01, 2017, 02:01:29 AM |
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can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
It depends on its users since it can be hacked through phising/SQL program. The chances can't be determined since we don't have a basis. The safest way to guard yourself is to use 2fa security so it's impossible to get hacked though they have your password, wallet ID/username/email. |
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Yakamoto
Legendary
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Activity: 1218
Merit: 1007
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July 01, 2017, 02:06:46 AM |
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can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
It's basically impossible to hack into a wallet without being able to access it in some kind of semi-direct manner, meaning online wallets are technically vulnerable but have a very good network of security systems in place so that it is hard to do something like that. If you have a desktop wallet, it can't be hacked without having access to the computer they're hacking and having that computer online so they can actually conduct the transaction. If you want to be safe keep your Bitcoin in a desktop wallet on an external drive that is only connected to the internet when you're making a transaction and no other times. |
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decoder88
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July 01, 2017, 02:07:01 AM |
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can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
It depends on its users since it can be hacked through phising/SQL program. The chances can't be determined since we don't have a basis. The safest way to guard yourself is to use 2fa security so it's impossible to get hacked though they have your password, wallet ID/username/email. I agree ln that. However if your email is scured and your password is unique, there no chance for hackers to hack your bitcoin wallet since it's fully encrypted for them to prevent hacking. |
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Mike Mayor
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July 01, 2017, 02:13:18 AM |
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No but you can use social engineering which is kinda like hacking and can be considered hacking but it's hacking without a computer. Basically tricking the target into giving up the credentials you need. Like a phishing site for example. That would probably be your best bet. Unless you not secure and have your key or something on your oc and someone gains access. But then they would have to know you own bitcoins.
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ayurvedicurea2growtaller (OP)
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Activity: 28
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July 01, 2017, 02:14:14 AM |
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I think the best way is to create a offline wallet and put it in a pen drive. This way nobody can access it. The online wallet is too much risky, at least I can't take the risk. I just searched google and there are many cases of wallet got hacked even after high security.
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DarkIT
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July 01, 2017, 02:19:32 AM |
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Dunno, we do not know to what extent the ability of a hacker, but maybe it can. I once watched a hacker movie telling me that there is no secure system if it is on the internet, so maybe it can.
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NathanJB
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July 01, 2017, 02:22:03 AM |
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There are so many wallets. Online and offline. Is that now a 100% guarantee that it won't be accessed by any outsider? Certainly not. It makes our btc and other altcoins safe but if hackers really have the intention to siphon off those meager funds of ours, they can. They have done it to the CIA, to the Pentagon, to FBI, with all the confidential files. Hackers are always a threat.
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pooya87
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Activity: 3430
Merit: 10519
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July 01, 2017, 02:24:31 AM |
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can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
there is no simple answer to the first part of your question. there are lots of different types of wallets and each type has multiple wallets. it is simpler for some to get hacked (like web wallets) while it is hard or even impossible for others to get hacked (eg. desktop and paper wallet). as for the second part, just learn what a cold storage is. how to install a wallet offline and how to spend from an offline wallet and you are safe. |
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khan149
Copper Member
Sr. Member
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Activity: 463
Merit: 251
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July 13, 2017, 07:29:28 AM |
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Always try to private key is secure.But there are many expert hacker can hacked wallet.
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oooka
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July 13, 2017, 09:23:07 AM |
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Hackers can simulate crack, but it requires a large amount of computation, quantum computer has been realized for example can crack the bitcoin wallet, but he won't be used in the above, he has a more important role. So you can rest assured that hackers generally steal your private key and information to steal your bitcoins  |
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romecheo
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July 13, 2017, 09:38:52 AM |
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It was possible indeed, there's a lot of ways.
We have to put extra-security measure on our wallet, even it was online or offline wallet,
1. Enable two-factor authentication
2. Encrypting your wallet or your smartphone
3. Use strong password, it must contain letters, numbers, punctuation marks and must be at least 16 characters long
4. Always use a VPN
Rule of thumb's : don't' put all your eggs in one basket.
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@Sifat
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July 13, 2017, 09:44:05 AM |
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I think you have to make a good passwords. and you need extra security fow your wallet.
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OROBTC
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July 13, 2017, 09:48:21 AM |
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...
One other topic I did not addressed (directly) above is that there are multiple vectors of attack (various ways hackers ccould get in).
A strong password helps a lot (but not of yoru computer has a keystroke logger, everyone's nightmare...)
A hardware wallet with good password and 2FA is good. Don't lose it! And keep the seed words hidden away securely!
Some online wallets are apparently better than others...
Access by others to your computer is another possible threat...
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