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Author Topic: Is Bitcoin Hackable?  (Read 2231 times)
rony01941
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October 28, 2017, 05:57:07 AM
 #1

Now everyone is investing heavily on Bitcoin. But can anyone hack this Bitakayena? If Bitcoin means hacks, then there will be a lot of damage. Where is Bitcoin's hidden security?

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mondobitcoin
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October 28, 2017, 06:00:40 AM
 #2

All is hackable, above all if it is a online system.
But i think that is not easy to hack the bitcoin system, and the team is constantly work to make secure their systems
Herbert2020
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October 28, 2017, 06:03:05 AM
 #3

Bitakayena

i have no idea what this word means or where you are taking it from but "bitcoin" itself is not hack-able. the way private keys are (a random number in an unbelievably huge range), and how the hashing to get the public keys and bitcoin address (ECDSA and SHA256 which are irreversible) makes it un-hack-able!

your wallet is hack-able though. if you are not careful, use a weak password or have a compromised machine that you use for your wallet.

ps. more than 8 years of being around and not being hacked even once should answer your question though!

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kriticko29
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October 28, 2017, 06:07:10 AM
 #4

It can be hacked. But it depends upon you on how are you gonna take care of your wallet . There are 2Rf codes that could help in securing your very own account. If you're willing to do that then you can be secured.

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October 28, 2017, 06:10:39 AM
 #5

Everything can be hacked. In crptoworld, nothing is totally secure Smiley

vinz7229
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October 28, 2017, 06:23:26 AM
 #6

Yes Bitcoin is hackable buts their is a way on how to secure your Bitcoin you need to install this apps in your devises Google authenticator this apps could secure all your sites and profit, you only have to do is  scan the code and then enable the 2FA and that's it your account now is secured, Everytime you log in to your account just put the six digit code so you can log in successfully.

Chanock
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October 28, 2017, 06:34:57 AM
 #7

Now everyone is investing heavily on Bitcoin. But can anyone hack this Bitakayena? If Bitcoin means hacks, then there will be a lot of damage. Where is Bitcoin's hidden security?

All in digital world are hack-able and bitcoin is not exempted for that. Bitcoin is anonymous and no one know if bitcoin have a hidden security. The only can ensure the security of bitcoin is to those who person or group's holding on it.

Johnzky
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October 28, 2017, 06:40:25 AM
 #8

Yeah..if you are careless on your account,and if your always checking all the links that was sent in forum..always particular on the host check the profile,and if the link wasnt your concern.better not to click those

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October 28, 2017, 06:42:36 AM
 #9

All is hackable, above all if it is a online system.
But i think that is not easy to hack the bitcoin system, and the team is constantly work to make secure their systems

if you want to secured your bitcoin or any account from online put an hard security password and for your bitcoin wallet strong privatekeys to avoid risk do not put your bitcoin into one wallet spread your bitcoin in multiful wallet for the security purposes.

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October 28, 2017, 06:43:37 AM
 #10

For me I think the wallet you use can get hacked If you are not using enough security features, but it is really hard or maybe impossible to hack Bitcoin private key.
If you are using online wallet use strong password and enable 2fa and all the security features to increase your security.
bitfools
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October 28, 2017, 06:45:37 AM
 #11

All is hackable, above all if it is a online system.
But i think that is not easy to hack the bitcoin system, and the team is constantly work to make secure their systems

Ask that question of the 1,000's of people who have lost 10's of millions of USD, think mt-gox or ethereum faux wallets

There are many elements of hacking BTC,

1.) fake web sites that look real, which harvest private keys ( most common easy way to make $5 Million USD in one afternoon )

2.) mt-gox type infiltratin of exchanges where private-keys are held, another easy way for 'hackers' to gain access to millions quickly

3.) the mother of all of course is breaking the sha-256 hash, "Google Brain-Flayer", its been done, but that gig is over, there are many advanced NSA tricks for breaking ECDSA, which is how FBI can any time it wants get the private key for any address ( think silk road BTC auction )

4.) the theory of experts is that NSA created BTC to wait and see when the PUBLIC would/could break SHA-256, I speculate it will be broken by public within 2-3 years, before that GOV will send out a policy statement and tell all GOV to use SHA-512; banks will be kept on easy to hack stuff forever, and they'll keep public on SHA-256 as long as they wish

5.) Large Bitcoin Collider - this project if it gets 1k, or 1m users, all targeting their asic/gpus farms towards any specific address say 'satoshi1', then selective hacking will be gold, and just like mining pools, people will be paid a share of the profit as high value coins are hacked,.. How soon? Again it just depends on how quick he can get ppl aboard.

Eventually BTC will update itself to SHA-1024, so this is all no big deal, for safety keep your wallet in cold storage and printed, keep your BTC's off of these 99% fraudulent exchanges that just churn your BTC's for "FEES"

Lot's of people working on hacking SHA-256, I know the NSA can do it, and I suspect that folks 'private' in Israel are doing it on as-paid basis, just a matter of time before we get a little better HW, and sometime discovers a new ALGO for SHA-256, in general what the public see's is 15 years behind advanced industry and GOV, FYI in 1968 Tooley published "FFT", but Standard Oil discovered it in 1956 and was sharing with NSA, 17 years it took before Academi caught up with adv-gov-tech
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October 28, 2017, 06:47:16 AM
 #12

everything is hackable  and you are the one who will desaid how you can make it easy or hard for hackers
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October 28, 2017, 06:59:12 AM
 #13

Now everyone is investing heavily on Bitcoin. But can anyone hack this Bitakayena? If Bitcoin means hacks, then there will be a lot of damage. Where is Bitcoin's hidden security?
Hello. What do you mean by hacking Bitcoin? It's private keys? It's posible for private keys to be hacked but, some researches here check how long it would take to brute force a private key they said ("It would take 21Million years for a single private key to be hacked.")

Please clarify your qustion mate.

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October 28, 2017, 07:02:04 AM
 #14

Now everyone is investing heavily on Bitcoin. But can anyone hack this Bitakayena? If Bitcoin means hacks, then there will be a lot of damage. Where is Bitcoin's hidden security?

Even bank can hack off course bitcoin can also hack in our generation many people or many programmer/developer can hack any website even banks can they hack if they want. Not all security or 99.99% of security can they hack or can they crack because of they want to earn illegal so if you want to secure your bitcoin make sure that no one can know you security.

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October 28, 2017, 07:03:44 AM
 #15

Yes, it is hackable but for that person who is able to download the full list from directory.io and search for addresses in that list. Although, it is not yet feasible to download as it requires such a huge database that no one can have on this Earth. It means bitcoin is unhackable for a human at least, keeping aliens out of this as we don't know their limits.
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October 28, 2017, 07:08:00 AM
 #16

All is hackable, above all if it is a online system.
But i think that is not easy to hack the bitcoin system, and the team is constantly work to make secure their systems
Yes everything involves online can be hackable by those smart hackers. But then again this  would be avoidable if bitcoin system is really secured. As we see now a lot of investors trusted bitcoin so it must be secured enough for them to continually invest with bitcoin.

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October 28, 2017, 07:15:12 AM
 #17

All is hackable, above all if it is a online system.
But i think that is not easy to hack the bitcoin system, and the team is constantly work to make secure their systems
Everything can be hacked. In crptoworld, nothing is totally secure Smiley
Both of you are wrong no one can hack the btc system it is completely impossible the only way to lose your bitcoins is by the user error like deleting the private or sending to a wrong address.

Yes Bitcoin is hackable buts their is a way on how to secure your Bitcoin you need to install this apps in your devises Google authenticator this apps could secure all your sites and profit, you only have to do is  scan the code and then enable the 2FA and that's it your account now is secured, Everytime you log in to your account just put the six digit code so you can log in successfully.
This is a way that no one hacks your account , there are still plenty ways to bypass this security but what if the sites database is itself compromised your 2FA won't help you in any way.

The only solution to not lose any of your bitcoins is storing it on a offline pc or using a hardware wallet.

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October 28, 2017, 07:22:04 AM
 #18

They also need to compromise at least 51% of the hash rate in the world and that is almost laughable as one need to own thousands of supercomputers first to even make a dent.
51% attack does NOT allow anyone to gain access to addresses to private keys that they don't own. It can only prevent transactions from confirming or "reverse" them by double spending it. It isn't a risk to user's Bitcoins.


Bitcoin can't be hacked, unless you find a 0 day vulnerability. Even then, the changes could be reversed easily. The only viable way for private keys to be compromised is when ECDSA gets cracked. That will only give you a chance to crack an address with previous transactions being sent from the address.














 

 

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Carmen01
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October 28, 2017, 07:22:22 AM
 #19

Now everyone is investing heavily on Bitcoin. But can anyone hack this Bitakayena? If Bitcoin means hacks, then there will be a lot of damage. Where is Bitcoin's hidden security?
yes see the red trust of others here in forum you can got that when you scam others here in bitcointalk forum no one is secure here even your so protective in your account if the work of some person is hack or scam other they have also an professional skill from doing that i have also group in facebook group that can create a phsing site to hack someone so be careful before you register in other site that you dont know well

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October 28, 2017, 07:23:30 AM
 #20

All is hackable, above all if it is a online system.
But i think that is not easy to hack the bitcoin system, and the team is constantly work to make secure their systems
Yes everything involves online can be hackable by those smart hackers. But then again this  would be avoidable if bitcoin system is really secured. As we see now a lot of investors trusted bitcoin so it must be secured enough for them to continually invest with bitcoin.

The shills & taut's are much louder than the 'experts', just to to twitter #bitcoingold and you can see the supporters still expressing the promise that BTG is "GOLD",


Hell just the other day Apple's "WOZ" said that BITCOIN was 'math', please don't make me vomit, the forks and the shit-code released by BTG-CHINA is proof that "BITCOIN" the block-chain/merkel tree is just one big hack aka kluster-fuck. BTC is NOT MATH, BTC uses math, but its NOT math, BTC-SATOSHI is masturbation by consensus open to the public ( who can read code ).

Most PONZI's play out this way, not until there is blood on the street does it end, as you all know 99% of the public still doesn't own or know about BTC, ... its when the shoe-shine boy is selling "satoshis", then you will know closure is soon.

What we do know is that every criminal, con-artist and crook is involved in BTC, and most of these people are RUNNING 99.9% of the commercial worldwide business 'BTC store-fronts'

Keep it Simple, Keep it pure, and go back to SATOSHI, ... libertarian anarchy that was BITCOIN, it was never for get-rich quick MORONS, or GOV, or White-Collar Assholes (lawyers/bankers)

Problem today is that BITCOIN has been co-opted by the assholes. BTG proves that fact the point being that BTC-CORE allow's this SHIT to even happen,
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