Can the Most Powerful Computer on Earth Hack Bitcoin?

[Maestro75]

Probably it would not happen, the blockchain technology is very powerful as I guess and they do their best to protect how bitcoin works and how it can protect the users.

There is high trust that cracking and decoding the private key by any computer is not possible. That is why the combination of letters and numbers making up the private key is long. If it is possible the many hackers online stealing petty coins will go for bitcoin at once no matter the cost.

[hh4mmm]

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?

well i don't think such computer can't hack btc because it involves alot of mathematics so i don't thinks with the high mathematical arrangement involve in private keys can't be compromised  by any digital system.

[KorakPawon]

hacking is not seen as good as where our hardware is or how expensive we have but the hacker is going to target how weak our bitcoin wallet defense is.

[ignacio0404]

Hackers will always find ways able things that they're able to do. In fact even the nicest people on earth, even how much they want to be good, their negative character will always be there. Same as the Hackers, they know how big is Bitcoin, and since hacking is their passion, they can do so.

[brylle34]

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?

Bitcoin economy comes with big risks. Over the years, the Bitcoin world has been plagued by hacks, scams, and abusive practices. Users who don't take appropriate precautions can lose everything.

Here we present a short history of the Bitcoin world's most significant scams and hacks. It's worth noting that all of these attacks were against Bitcoin-related services, not the core Bitcoin software. As far as we know, the Bitcoin network itself is highly secure, though of course that's little comfort if you entrust your bitcoins to a third party that gets hacked.

Also, the list seems to skew toward older incidents. Users seem to have faced greater dangers of hacking and fraud in 2011 and 2012 than they do today.

Still, the dangers haven't gone away by any means. The Bitcoin economy is still lightly regulated, and fraud is a constant danger. While it might seem tempting to buy some bitcoins in hopes they'll go up in value, the risks are high—perhaps too high for most people. If you do decide to acquire bitcoins, do your research and be careful.

read for further details https://arstechnica.com/tech-policy/2017/12/a-brief-history-of-bitcoin-hacks-and-frauds/

If you will look at the history of bitcoin the securities are increasing and increasing because of those hacking that happened, if there will be a way of cracking it will need a longer period of time before that happens, because those hackers are profiting too in this bitcoin world they won't just do anything that will make bitcoin crash without profiting first.

[lakita]

Everything can happen, not say anything, can be hacked at any time

[rodskee]

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?

Maybe yes maybe not because hard to conclude and under estimate the capabity of new technology inckude the capability of the genius are can't forgive .

But i still believe in the group of cryptocurrency enthusiasm continue also to improve the security system of bitcoin to avoid hack the system.

[racebum]

First of all, bitcoin network reached 7 million TH/s and its computing power is above any other single supercomputer we have on earth.
Just to give you some prospect of how powerful bitcoin network is, here is article - The Bitcoin Network is 11000x Faster than the Top 500 Supercomputers Combined:
http://jasondrowley.com/2015/12/04/the-bitcoin-network-is-11000x-faster-than-the-top-500-supercomputers-combined/
Just note, the article is from 2015, since that time we had a tremendous rise of hashing power.

x2

and "what about the future" arguments are also pretty invalid. as computing power gets stronger so will the network hashrate.

the only way bitcoin is dying is if people stop being interested in it, using it, mining etc.

[PIR]

Possibly if someone out there really knows everything about it, hackers ans scammer are genius they are smart enough about everything related to internet and computer technologies, so we can't really be sure about it because today everything seem possible all in the name of power, wealth and money

[Earthwood]

Possibly if someone out there really knows everything about it, hackers ans scammer are genius they are smart enough about everything related to internet and computer technologies, so we can't really be sure about it because today everything seem possible all in the name of power, wealth and money

Even if they have the most powerful computer to decrpyt the security of blockchain or bitcoins, it cannot be hacked by anyone else not unless they have connections with Satoshi Nakamoto, but I don’t think no one can hack the system of bitcoin.

[Sosad12]

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.

[PINAGPALA]

I dont think so it can be hacked bitcoin have a super high security but we dont know but people using bitcoin can be hacked but bitcoin cant be

[Safebit.io]

Yes, and you can do with less.

According to this site (https://www.crypto51.app/), it costs around $600k to carry out a 51% attack on Bitcoin for one hour. Now that's scary.

I guess the reason we don't see this happening is two-fold:

1. Carrying out the attack will hurt the price significantly, thereby hurting the reward of the hacker.
2. It's hard to get access to that kind of hashrate in any practical manner.

But I worry that we will see one in the future.

[oni4an]

I think that to crack at the quantum computer will not be able to crack Bitcoin encryption because it works quite differently, but even if it is possible, Bitcoin will be ready for this, bitcoins are one of the best specialists, bitcoin with Every year it becomes more technological and stronger.

[riwatmoni]

I do not know exactly what a computer I can do, but from the easy task to the super confusing me. but I do not really think that bitcoin can be felt by this new machine considering me that one transaction in blockchain needs code to be confirmed.

[roshanface123]

Not for the best computer, but for a good software engineer  its possible. If you keep confidential reports and password details and transaction details in your system with internet connection there is a chance to hack by the hackers and loot  the bitcoiners wallet. So becarefull and keep your crypto related details in a hardware wallet it will be more safe for you.

[a2offrb]

Despite that fact that many Super Computers and sophisticated machines are initializing day by day, Likewise, Bitcoin animosity and encryption techniques are simultaneously accelerating  making it very difficult for these Unscrupulous Hackers to penetrate into Bitcoin stores and wallets, unless where there is loopholes caused by negligence and carelessness on either the part of Exchangers and or individual Holders of Bitcoin. The onus therefore lies on Holders to keep tight to safe their wallets. Pass-phrasing could be useful where necessary, while external Hardwares could maximally be employed where mandatory. Summarily, I can't ever give in that such Computers could Hack Bitcoin just on the neutral ground like that.

[tonysitaly]

Maybe the technology of bitcoin will be upgraded when the quantum computer can be cracked. We don't have to worry too much about it.

[Reagan_alvaro]

Do you know anything about private keys and open locations inside bitcoin convention? Truly it is difficult to change the exchanges yet I feel that this person gets some information about the private keys. We as a whole realize that they are created haphazardly and as a result of it (in light of the fact that there are to numerous mixes) for normal PC it can take a considerable measure of years to experience all private keys which makes it to not be worth attempting by any stretch of the imagination. In any case, on other hand on the off chance that you have quantum PC or even some extremely solid super PC you can begin to figure arbitrarily keys and you could wind up with an address with coins that are identified with it.

I am not familiar with the mathematics but this is what I read before. and in the case of hacking, people still a link weakest. just do it hacking social people that if you want to steal bitcoin him. it is much cheaper. I think this was previously discussed and even the quantum computer not strong enough to force the forced private key from public key.

[eashikde]

I think that the most powerful computer will protect bitcoin, since there is money of a million people .. Therefore I think that it is strongly protected and it will not be able to hack it, it works on a blockchain.