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Author Topic: Can the Most Powerful Computer on Earth Hack Bitcoin?  (Read 1729 times)
cryp24x
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May 06, 2018, 01:52:53 AM
 #41

Hacking Bitcoin is very hard to do because of its peculiar characteristics. While the "supercomputer" advances, Bitcoin also was being more stable. The development for the "supercomputer" still continues and I think it is hard for the computers to develop as fast as Bitcoin.
fuer44
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May 06, 2018, 01:57:11 AM
 #42

mereksa will never be able to hack our private key wallet. if they can, they must have done it today. just relax, we are safe and protected by a secure bitcoin storage system.

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lyks15
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May 06, 2018, 04:16:30 AM
 #43

I think this is not impossible in using high technology today all is possible. Even the famous commercials banks are also victim of a hacker. Or even the website of Philippine government wayback 2013 was also hacked. So I think the best way to prevent it is to have privacy,if you have a lot of bitcoin dont tell to anybody just enjoy it to your self for your own safety. And to be practical you can encash your coin and not stored it on your wallet when it is already in a high value amount to avoid a big risk of being a victim of a hacker or scam. Be carefull because it is a big risk of lost of your coin.

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evermak
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May 06, 2018, 05:03:28 AM
 #44

This is a hypothetical question but I will still not rule out the possibility. I think that even if such problems occur, the developers of bitcoins will find some solution for it.
Dark_raven007
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May 06, 2018, 06:12:54 AM
 #45

Everything is possible. And for anyone, someone is already working on it. The world is evolving and ways can be found how to do it. There is no such system that can not be avoided. But this will not happen soon.
hatha way
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May 06, 2018, 06:20:43 AM
 #46

On my own understanding,powerful computers have the capacity to hack everything depending on the ability of the hacker,lets say poor security.
but i think bitcoin will not just put simple security for their own protection
Getcoinsite
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May 06, 2018, 06:23:27 AM
 #47

Let me avoid the technical aspects to make things easy for all readers.

So someone said that America's NSA has this great computer(quantum computer) that could easily hack Bitcoin private keys. I really doubt his claim but I know for sure that certain computers  like the most powerful Super Computers are within the reach of some of this Intelligence organizations.
Do you think such computers can crack any security codes put in place to make Bitcoin very secure?
So where did you get this crap?you reached being senior member but still buying this type of issue?and dare to shate some links about "whos that some that says NSA can easily hack private keys?

If that so do you think we can go this far?if they can easily hack us so why not took them so long ,why not yesterday or today.stop this mate its non reliable
Msile
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May 06, 2018, 06:23:49 AM
 #48

Quantum computers could potentially become so powerful they require their own kind of cryptography, but that doesn’t mean Bitcoin and today’s encryption methods must be scrapped entirely. With some reworking, they could be made more secure.
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May 06, 2018, 06:26:21 AM
 #49

I don't know exactly what a quantum computer can do from easy task to super perplex one. But even with the claims about it, i don't really think that bitcoin can be hacked by this new machine considering that a single transaction in the blockchain requires nodes for it to be confirmed.

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May 06, 2018, 06:34:02 AM
 #50

I love this saying, the weakest link in every security system is a human, so to hack, there is not always a supercomputer neeeded Smiley
cryptopov
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May 06, 2018, 06:48:43 AM
 #51

Personally, I think this will take time and effort to crack since there are hundreds of thousands of wallet owners in the world, but when this comes I'm sure we will have developed a precaution for this. And I'm pretty confident that we will have a secure future and bitcoin will have a big part with this.
Arlette Foxsparkle
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May 06, 2018, 07:26:49 AM
 #52

I think for this question, not only the most powerful computers on earth can use to hack bitcoin but rather even a weakest computers on earth can hack bitcoin. Why? Because It is not depends on what kinds of computers that people use for hacking bitcoin even they used luxurious quantum computers or they only use an cheapest ordinary computers in depends on their abilities, knowledge, expertise.

I didn't say that, I have no trust or I don't believe to the bitcoin system servers. We all know that it is very hard to hack but do think it is impossible to people who has an evil thoughts.


For me it depends on humans powerful minds. Do you get my point? I mean if people has an intention to do evil work there's no one can stop them. On the other hand people is unstoppable, intelligent but all things that created by human has have limitatio


If you understand me and you are agree with me you can put 1 merit I appreciate this so much. Smiley



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Lan75
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May 06, 2018, 07:52:23 AM
 #53

Let me avoid the technical aspects to make things easy for all readers.

So someone said that America's NSA has this great computer(quantum computer) that could easily hack Bitcoin private keys. I really doubt his claim but I know for sure that certain computers  like the most powerful Super Computers are within the reach of some of this Intelligence organizations.
Do you think such computers can crack any security codes put in place to make Bitcoin very secure?
I am not a technical person and i am not into computer programming but i tend to believe that no amount of computer power can hacked the blockchain because if that happens it would be the end of bitcoin.
ArnoldChippy
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May 06, 2018, 10:20:24 AM
 #54

Personally, I think this will take time and effort to crack since there are hundreds of thousands of wallet owners in the world, but when this comes I'm sure we will have developed a precaution for this. And I'm pretty confident that we will have a secure future and bitcoin will have a big part with this.
Anything is possible, but i think that bitcoin is surviving, i think that so many people have attempt to do so, but still not succeeded, we can hope that in future it will become more powerful and secure, then it may not be possible to crack bitcoin, i think people already have trusted on bitcoin and that is the reason that they are putting more trust on bitcoin.

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aiviaa485
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May 06, 2018, 11:02:13 AM
 #55

Let me avoid the technical aspects to make things easy for all readers.

So someone said that America's NSA has this great computer(quantum computer) that could easily hack Bitcoin private keys. I really doubt his claim but I know for sure that certain computers  like the most powerful Super Computers are within the reach of some of this Intelligence organizations.
Do you think such computers can crack any security codes put in place to make Bitcoin very secure?


I find it very difficult to hack a Bitcoin key because it has a series of letters and numbers that are difficult to solve.

except maybe there is a miracle where people forget to send to another address.

Nekroser
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May 06, 2018, 12:08:03 PM
 #56

I think its now impossible to do so.But when quantum computing would be introduced after twenty years,then bitcoin's security might be compromised and bitcoin might get worthless.But we may expect that some precautions might be taken much before such disasters occur.

Think of new security measures. The world is changing rapidly and adapting to the new rules. So do not worry about security.

I do not know how much power I need to crack and so I can not say whether Bitcoin can be cracked with a quantum computer.
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May 06, 2018, 01:28:51 PM
 #57

Let me avoid the technical aspects to make things easy for all readers.

So someone said that America's NSA has this great computer(quantum computer) that could easily hack Bitcoin private keys. I really doubt his claim but I know for sure that certain computers  like the most powerful Super Computers are within the reach of some of this Intelligence organizations.
Do you think such computers can crack any security codes put in place to make Bitcoin very secure?

It takes complex computing technology to hack bitcoin. Power machines are actually used to mine bitcoin, it requires good and sustainable electricity to effectively gain bitcoin. Bitcoin is too complex technology that even the most powerful personalities choose to have it. Boycott haa long way to go, it will eventually change the workd in time.
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May 06, 2018, 01:39:16 PM
 #58

Someone with sufficient computing power could take over the network with a 51% attack, but it would be prohibitively expensive and not really that damaging. They could delay transactions, and double spend, but couldn't steal balances.

No amount of compute power presently available can crack a private key, and it is unlikely any machines in the future will be able to. I've seen studies that say if the entire output of the Sun were channeled into a computer, it would take longer than the heat death of the universe to crack one key. Real quantum computers could change that, but they are wildly impractical at the moment and can barely add two numbers let alone crack a key.
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May 06, 2018, 01:48:15 PM
 #59

Some people working at HUGE research facilities have used their super computers to mine bitcoins and they hardly mined

any bitcoins at all. So if mining is virtually impossible to get some bitcoins, then hacking/brute forcing private keys will be

totally impossible. If this was possible, all other financial systems will also be compromised, because they are using the same

algorithms to secure their sites. <https>

I am not worried at all, because the Algorithm can also be upgraded, if something like this could happen.  Wink
 

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May 06, 2018, 02:17:11 PM
 #60

Let me avoid the technical aspects to make things easy for all readers.

So someone said that America's NSA has this great computer(quantum computer) that could easily hack Bitcoin private keys. I really doubt his claim but I know for sure that certain computers  like the most powerful Super Computers are within the reach of some of this Intelligence organizations.
Do you think such computers can crack any security codes put in place to make Bitcoin very secure?

Let me be clear - there is no functional quantum computers on this planet.
And there will be no such technology in at least next 50 years, dont bother thinking about that.

When there will be a quantum computer, it will be able to hack btc.

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