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dimiinx
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June 04, 2018, 01:02:10 PM |
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I think that there will be a quantum computer in the future. Its powerful computing power is very likely to instantly crack bitcoin's private key. This is very worrying. As for the current computer, I don't think it has the ability to crack the cryptocurrency.
if there is a quantum computer in the future it takes a very long time and makes it not just, there must be smart people who are experts in the field of blockchain technology. we know that bitcoin is difficult to control even the government can not afford to use bitcoin. |
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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aioc
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June 04, 2018, 01:07:48 PM |
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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?
This is the first I read of such thing but if it is possible to steal a bitcoin private key, then this could render Bitcoin worthless, I think this is one of the things that can contribute to Bitcoin's downfall, we all know bitcoin is secure peer to peer transaction, if it is not safe anymore, nobody will use or hold it anymore. |
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ranman09
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June 04, 2018, 01:11:27 PM |
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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?
The thing is, on paper, everything is hack-able. But when talking about hacking(or brute forcing in this situation) bitcoin private keys, I think it will take a very VERY long time for them to be able to score a private key. Were talking about long enough for multiple generations of people to die and be born. I thought so, I've seen in an interview that bitcoin is really hack-able but it will cost a lot of dollars to do so. |
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blizzard31
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Merit: 13
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June 04, 2018, 01:24:55 PM |
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considering that bitcoin is still under the blockchain technology, it is hard to believe that there is a hardware that can actually hack the bitcoin and can access the private key. As long as you know how blockchain works then there is no reason for you to doubt its power of security.
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Ayaancool
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June 04, 2018, 01:35:01 PM |
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It's not the matter of powerful computer its the matter of efficiat technitions they can hack easily our bitcoin. Better you need to use hardware wallets and avoid transaction through mobile internet,otherwise they may be hacked.
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Polly.Nochka
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June 04, 2018, 01:36:41 PM |
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If sometime this happens, that the computer will crack the codes of the block, it will not happen very soon. Most likely, it will be a new era. In the meantime, you can be calm for your keys.))
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jasonex
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June 04, 2018, 01:41:25 PM |
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Maybe that is possible, I don't know really. Everything has its weak point.  |
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zelda131292
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June 04, 2018, 01:55:22 PM |
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Those are the quantum computers and yes, i think that they can easily crack a private key in a few minutes if they really wan to do make it happen, i am not sure at 100% anyway
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In bitcoin we trust!
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u01p113
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June 04, 2018, 02:04:38 PM |
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I'm not an expert in computer science but I read an article that in the 10 year time Bitcoin cant be hacked.
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Pandu Gleen
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June 04, 2018, 02:44:13 PM |
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In accordance with the way hackers must have many ways to hack Bitcoin owned on every member but it can be anticipated, provided we keep the existing private key and careful to save it.
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Suprittandon
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June 04, 2018, 04:57:59 PM |
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It is nearly impossible to hack the Bitcoin networks and steal. You will need to find private key for a particular public address. Private key is the combination of letters, symbols and digits. So it is not possible for any hacker to guess the private key easily and hack the network of bitcoins to steal it.
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