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What happens to the Bitcoin Blockchain if a Extreme Solar Storm hits Earth?
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Topic: What happens to the Bitcoin Blockchain if a Extreme Solar Storm hits Earth? (Read 316 times)
Grauhar69
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Re: What happens to the Bitcoin Blockchain if a Extreme Solar Storm hits Earth?
October 25, 2018, 06:09:55 PM
#21
If a extreme solar storm hits earth then it will be a terrible event but I do not think all of the data regarding bitcoin blockchain will be destroyed. Yes, numbers of computers that will destroyed due to it will be enormous and blackout will happen but this kind of important data will be secured in data vaults which can withstand such attack.
Gwiladan211
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Re: What happens to the Bitcoin Blockchain if a Extreme Solar Storm hits Earth?
October 25, 2018, 06:10:09 PM
#22
In 1859, the world was hit by the worst solar storm till date. Also known as Carrington Event, it made the whole atmosphere heavily charged and as a result telegraph operators could send telegraph without being connected to power source. If a storm of such magnitude happens to hit the earth, the loss will be in the trillions of dollars. A total blackout is very much likely. It will very hard to recover the virtual world as we know it.
Maoper602
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Re: What happens to the Bitcoin Blockchain if a Extreme Solar Storm hits Earth?
October 25, 2018, 06:10:27 PM
#23
Very possible we are going to get a blackout then. If all the devices are shut down there will be a huge loss and we may lose a lot of money.
[ProTrader]
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Re: What happens to the Bitcoin Blockchain if a Extreme Solar Storm hits Earth?
October 26, 2018, 12:34:45 PM
#24
If that happens you don't need to worry about Blockchain because it is the least thing that you have to worry. Since Blockchain cannot be use without Internet and power, your holdings are safe.
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