Teamfearless (OP)
Copper Member
Newbie
Offline
Activity: 118
Merit: 0
|
|
January 18, 2019, 05:55:27 AM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
|
|
|
|
|
|
|
|
If you want to be a moderator, report many posts with accuracy. You will be noticed.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
terrific
|
|
January 18, 2019, 06:01:51 AM |
|
Yes blockchain can't be hacked and data there can't be modified. Your concern is the security of the exchange and its not the technology itself. They use a certain way to secure their exchange. Blockchain is the technology that we use for transfers, if the hacker goes on their site and successful got in. They can easily use the funds and transfer it, the problem lies to the backdoor not with blockchain.
|
|
|
|
IgorShumilo
|
|
January 18, 2019, 06:22:17 AM |
|
The comment above is absolutely correct. Centralized exchanges spend very little attention on security and a lot of attention on making big profits. I am sure that this is not the last major and successful hacker attack on the stock exchange (there are thoughts that Cryptopia itself arranged this attack in order to get the money of its clients). Do not keep your money on the exchanges!
|
|
|
|
Thanasis
|
|
January 18, 2019, 06:25:42 AM |
|
Exchanges don't use blockchain technology for their storage,its just like a hot wallets so if hackers get some hole in their security system then they can steal all the funds like what happened with those exchanges you were mentioned.
|
|
|
|
Peanyut991
Member
Offline
Activity: 287
Merit: 10
|
|
January 18, 2019, 06:25:59 AM |
|
Hackers hack exchange systems not blockchain technology. In crypto, blockchain technology is used to verify transfers between two parties efficiently and permanently.
|
|
|
|
thaliaand
Member
Offline
Activity: 574
Merit: 10
|
|
January 18, 2019, 06:46:27 AM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
Blockchain indeed can not be hacked. It is an incorruptible, decentra;ized distributed public digital ledger. The crypto exchanges you mentioned are a centralized exchanges. It;s the matter of the exchanges security system. And obviously these are two different things. Regarding to ETH Constantinople upgrade which was postponed, it's a vulnerable security issue and related to smart contract, not the blockchain issue. So again, these are two different things.
|
|
|
|
krassy
|
|
January 18, 2019, 06:54:31 AM |
|
The blockchain technology itself can not be hacked, but the data that you store in open areas.exchanges, open wallets, it could all be stolen. The technology makes processes and financial transactions transparent, which eliminates fraud in the processes themselves, makes it possible to eliminate corruption, allows to modernize and optimize production and bureaucracy.
|
|
|
|
ATSgrowth
Full Member
Offline
Activity: 924
Merit: 106
homt.net
|
|
January 18, 2019, 07:01:39 AM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
We could agree on that Bitcoin has the safest blockchain, but currently is slow for everyday use. And that is the problem, you can have fast but not safe blockchain or safe but slow blockchain .
|
|
|
|
Pffrt
|
|
January 18, 2019, 07:05:15 AM |
|
You do not know about blockchain. It was an exchange which had been hacked recently but in blockchain you will find the transaction. Blockchain data are immutable No one can change it. You may hack my wallet but you can not sell my fund without using blockchain where there will be prove.
|
|
|
|
zauna35
|
|
January 18, 2019, 07:07:08 AM |
|
Our blockchain is everything, this is what unites us, this is a brilliant idea that is successfully implemented and will be realized in various fields, if we stop believing the blockchain, we have nothing to do here then. It is not the blockchain that is being hacked, but, for example, in the case of Cryptopia, the interface was vulnerable. In general, the blockchain is an unbreakable foundation, but what surrounds it often happens with holes.
|
|
|
|
Dilireba
Jr. Member
Offline
Activity: 350
Merit: 1
|
|
January 18, 2019, 07:12:13 AM |
|
I have no doubt with Blockchain technology, it the best innovation technology in this century, where Blockchain technology can be used with perfect performance in all fields. I'm telling about Blockchain technology, i'm not talking about cryptocurrency and ICO.
|
░▒▓ DFINANCE is New Age of DEFI ▓▒░ ░▒▓ A Non-Code Platform for Decentralized Trading Instruments ▓▒░ ░▒▓ https://dfinance.co ▓▒░
|
|
|
timmmers
|
|
January 18, 2019, 07:34:33 AM |
|
Blockchain was created to bring the trust into the real world, but it is a technology and every new technology has some bugs, but never mind, soon everything will be fixed.
|
|
|
|
target
Legendary
Offline
Activity: 2240
Merit: 1041
|
|
January 18, 2019, 07:38:10 AM |
|
Hacker can always hack anything like exchanges because its security depends to the server hardening from penetration but a single alteration to a blockchain may completely destroy everything which is why blockchain is immutable. No one yet had hacked a blockchain unless the team who created it do so which investor will eventually lose its trust to the project if that happens.
|
|
|
|
Classica35
Jr. Member
Offline
Activity: 518
Merit: 3
|
|
January 18, 2019, 07:39:58 AM |
|
By illustration; You have a book with a permanent print in it, which cannot be erased and cannot be altered. If I mistakenly place the book in a careless manner, it can be taken away by another person, who finds the print in it to be valuable.
That blockchain is secured, does not mean I should be careless with it. I am responsible for its continual ownership, depending on where I decide to keep it.
If another person, who feels he needs the data, which inherently are immutable, sees it in a carefree manner, he would take or steal it.
So, exchanges where funds were stolen, are responsible for the fortification of their security system.
|
|
|
|
Svelto
|
|
January 18, 2019, 07:59:39 AM |
|
The blockchain itself can’t be hacked, it is the crypto exchanges that are being hacked. That goes to say we can still trust blockchain. On the other hand, you shouldn’t trust an exchange to store your coin.
|
|
|
|
nak02
|
|
January 18, 2019, 08:04:24 AM |
|
As we can see up to now, hacking is still unstoppable and many people still trying to take downs those big projects that are low in security, I think we need some projects or company that's focusing in security, just like "HACKEN".
|
|
|
|
bellaayu
Member
Offline
Activity: 644
Merit: 10
|
|
January 18, 2019, 08:08:12 AM |
|
They hacked into Exchange and this is back again about the security system owned by Exchange. Everything can happen on this Blockchain and we must be careful when storing tokens on Exchange.
|
|
|
|
Mighty_crypt
Member
Offline
Activity: 784
Merit: 21
|
|
January 18, 2019, 08:34:37 AM |
|
Blockchain technology is what can't be hacked not projects running off blockchain or securities ,and moreover we will always see hacked exchanges in the future because I believe hackers always upgrade there tools as well and they will always find loopholes so its left for exchanges ,devs to always upgrade there security and not just rely on the one they have presently
|
|
|
|
Little Mouse
Legendary
Offline
Activity: 2044
Merit: 1980
Marketing Campaign Manager |Telegram ID- @LT_Mouse
|
|
January 18, 2019, 08:36:51 AM |
|
Blockchain is a technology where people can use it for transparency. It is an open source technology and people can believe on it easily because it is available to everyone. What you are exactly trying to know. If you talk about the hack, blockchain was not hack, an exchange was hack. So, it's normal.
|
| .SHUFFLE.COM.. | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | . ...Next Generation Crypto Casino... |
|
|
|
jacafbiz
|
|
January 18, 2019, 09:27:35 AM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
Blockchain is not the problem. but those people writing these codes, some of these developers writing these codes are clueless and some rely on forks for their foundation and the inherent problem of the old chain will be carried over to the new ones and also hackers are getting better and anything hack-able will be hacked
|
.SUGAR. | | ██ ██
██ ██
██ ██
██ ██
██ ██
██ ██ | | | | | ██ ██
██ ██
██ ██
██ ██
██ ██
██ ██ | | ███████████████████████████ ███████████████████████████ ██████ ██████ ██████ ▄████▀ ██████ ██████▄▄▄███▀ ▄█ ██████ ██████████▀ ▄███ ██████ ████████▀ ▄█████▄▄▄██████ ██████▀ ▄███████▀▀▀██████ ██████ ▀▀▀▀▀▀▀▀▀ ██████ ██████ ██████ ███████████████████████████ ███████████████████████████ | . Backed By ZetaChain | | ██ ██
██ ██
██ ██
██ ██
██ ██
██ ██ | | | | ██ ██
██ ██
██ ██
██ ██
██ ██
██ ██ | | | |
|
|
|
bellamente
|
|
January 18, 2019, 09:46:43 AM |
|
I think in the future the blockchain will be limited to the IP addresses of 1 state. This will enable safe operation and rational use of excess alternative energy.
|
|
|
|
batang_bitcoin
|
|
January 18, 2019, 10:38:53 AM |
|
I think in the future the blockchain will be limited to the IP addresses of 1 state. This will enable safe operation and rational use of excess alternative energy.
I'm not sure what will be the relation of IP addresses to blockchain. It's technology has already built in a secured ledger for us to check the data that were gathered, transfered and stored using blockchain. I trust blockchain and this is really applicable to almost industry.
|
▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | .
| | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | . ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
|
|
|
maxilopez
Jr. Member
Offline
Activity: 210
Merit: 1
|
|
January 18, 2019, 11:19:52 AM |
|
Of course, it’s because our future and the world economy are behind this technology.
|
JUR Alliance | https://jur.io/ | Join the Legal Revolution! Justice as a Service Infrastructure
|
|
|
raptorez
|
|
January 18, 2019, 12:13:37 PM |
|
Based on the fact that today in general there is no reason not to trust the blockchain, I think that we can trust cryptocurrencies. Today, this is really the technology that can help us in the implementation of a project or, for example, accounting for something.
|
|
|
|
taratorly
Member
Offline
Activity: 258
Merit: 10
|
|
January 18, 2019, 12:22:01 PM |
|
That hack issues was about that exchanges! They hacked the exchanges not that coins blockchain network.
Blockchain network can not hacked. But community arguing about attack of %51. This is something else.
|
|
|
|
khoapham89
Copper Member
Jr. Member
Offline
Activity: 101
Merit: 2
|
|
January 18, 2019, 02:49:14 PM |
|
That hack issues was about that exchanges! They hacked the exchanges not that coins blockchain network.
Blockchain network can not hacked. But community arguing about attack of %51. This is something else.
Yep. I agree with this idea. Actually, 51% attack is not considered as directly hacking action. If hackers govern other network of nodes to break the blockchain, it seems to be a indirect hacking??
|
|
|
|
Geenstijl
Legendary
Offline
Activity: 1232
Merit: 1000
|
|
January 18, 2019, 03:16:28 PM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
Dude, it's all about security. Blockchain is not a centralized thing and you can't just change the password or revert the transaction. Once private key is compromised your money is already not your. In my opinion it takes years to improve security level (especially in peoples minds) to the really high level and this is one of the major milestones for the crypto industry.
|
|
|
|
OluwaTosin10
Jr. Member
Offline
Activity: 546
Merit: 4
|
|
January 19, 2019, 07:31:13 PM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
To be honest The questions should be do we have a choice ?? We still have to get involved with the crypto currency exchange to transact business one way or the other I think the vulnerability will be eased soon
|
|
|
|
abake
Member
Offline
Activity: 555
Merit: 12
|
|
January 19, 2019, 07:42:52 PM |
|
Hacking of exchanges has nothing to do with trusting blockchain technology or not. The ideology behind blockchain technology is so great, info can be easily traced, and can't be deleted or adjusted, that's the selling point for me. So when you say information on blockchain is protected, it doesn't necessarily mean people can't access it, but hey they can't alter it. So in essence, hacking of exchanges has nothing to do with trusting this disruptive technology.
|
[ IQ ] cash ▐ THE MASTERNODES CRYPTOCURRENCY ⚫ t e l e g r a m ⚫ f a c e b o o k ⚫ t w i t t e r [ LISTING ON : P2P [ P ] B2B ] ◾ Discovering millionaires’ secret with IQ.cash
|
|
|
ifightformerkel
Legendary
Offline
Activity: 1386
Merit: 1000
|
|
January 19, 2019, 09:33:19 PM |
|
I think that fraud and all the more hacking your wallet, depend only on users. Cryptocurrencies are very popular and so when they were at the peak of popularity, there were a lot of scams, as they could quickly make a lot of money.
|
|
|
|
InGODweTrast3
|
|
January 19, 2019, 09:53:24 PM |
|
Blockchain as technology is high effective, and of course we trust in it and use it, because it have many features! But another problem that too much cheaters use blockchain too, and it real problem of our times
|
|
|
|
jcmansah7
Member
Offline
Activity: 434
Merit: 10
|
|
January 19, 2019, 10:00:53 PM |
|
Well i would not say trust but i can say it is very reliable because of its security features and how transparent it is. Nonetheless some hackers always find a way to cause malice in some blockchain networks so don't trust blockchain absolutely but at least it is pretty secured looking how decentralized it is.
|
|
|
|
lotfipro
|
|
January 19, 2019, 10:08:57 PM |
|
Of course yes. I think it's the unique thing which we can trust. These news with cryptopia doesn't make any influence on the whole market. Blockchain projects are still confident. I wish more people will start using them.
|
|
|
|
Dondont
Member
Offline
Activity: 446
Merit: 12
BitbondSTO.com | Germany’s First STO
|
|
January 19, 2019, 10:16:57 PM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
after all, if you wish the blockchain could cope with hacking on online networks, then you're wrong, Blockchain is different on this, so security on the blockchain I think is still the same as security before. He only gives mark anonymity. So you wanna trust, just leave blockchain, because the security is still in development. Yes, some people purposes didn't fit in this one
|
|
|
|
TrevorS
|
|
January 19, 2019, 10:20:55 PM |
|
Of course yes. I think it's the unique thing which we can trust. These news with cryptopia doesn't make any influence on the whole market. Blockchain projects are still confident. I wish more people will start using them.
Anyway, nothing can be trusted, we can not fully understand the technology, it can have a critical vulnerability known only to a very narrow circle of people. You should always be on the alert and ready for anything.
|
|
|
|
Ditlycel
Jr. Member
Offline
Activity: 263
Merit: 1
|
|
January 19, 2019, 10:30:36 PM |
|
Of course, it’s because our future and the world economy are behind this technology.
I agree, if we believe in cryptocurrency and its growth, then we should actually believe in blockchain ! especially now when the blockchain is the development of
|
EASY FEEDBACK, WORKING SINCE 2015 (https://www.easyfeedbacktoken.io/en)
|
|
|
MonaLeeTracy
|
|
January 19, 2019, 10:32:53 PM |
|
Of course yes. I think it's the unique thing which we can trust. These news with cryptopia doesn't make any influence on the whole market. Blockchain projects are still confident. I wish more people will start using them.
I'm also sure that we really have to trust the blockchain too, even though the blockchain is still down, but we just believe that something good will happen suddenly and make us happy not only temporarily.
|
|
|
|
TastyChillySauce00
Legendary
Offline
Activity: 2982
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
|
|
January 19, 2019, 10:34:57 PM |
|
Those exchanges you mentioned are centralized exchange where they store the data within a single server and thus can be stolen. That have absolutely nothing to do with blockchain. Blockchain is immune to hacking but not to 51% attack. However, a coin with big hash power will hardly be attacked.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
khufuking
|
|
January 19, 2019, 10:42:40 PM |
|
Blockchain itself can't be hacked or modified as others said but that will not make anyone using it shielded against hack or money loss, for example, if someone steals your private keys and took all your Bitcoin, who to blame here? Blockchain technology or your ways of storing your private keys! and that is the same case with exchanges they have flaws in their system and it is not blockchain fault.
|
|
|
|
RokOrids
Newbie
Offline
Activity: 28
Merit: 1
|
|
January 19, 2019, 10:47:05 PM |
|
As an idea, the blockchain itself has tremendous potential. As for the hack, then the question is more to the software implementation. When implementing software, whether it is a crypto-exchange, wallet or something else, then it is a matter of the human factor. Mistakes can be intentionally or accidentally made to steal funds. Perhaps this is a bit naive, but I have high hopes for the blockchain technology, for the future and far beyond the scope of the usual currency.
|
|
|
|
2tang
Sr. Member
Offline
Activity: 1414
Merit: 259
Undeads.com - P2E Runner Game
|
|
January 19, 2019, 10:48:55 PM |
|
blockchain does not mean it cannot be hacked because blockchain is not a security system but is a technology that can store and send data efficiently and can be used for any purpose depending on the user and the security level depends on the user so if there is hacking you cannot blame blockchain but it was a mistake from the developer who could not secure their project
|
|
|
|
Oceat
|
|
January 19, 2019, 10:55:41 PM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
To be honest The questions should be do we have a choice ?? We still have to get involved with the crypto currency exchange to transact business one way or the other I think the vulnerability will be eased soon It is still better if people should not keep their crypto to any exchanges because it is vulnerable to any attacks. There are available hardware wallets already, all we need to do is to buy one or two to keep our crypto in it and it is totally safe. The fault is really on the exchanges and to the people who are lack of knowledge about of the exchanges.
|
3996
|
|
|
Slark
Legendary
Offline
Activity: 1862
Merit: 1004
|
|
January 19, 2019, 11:07:53 PM |
|
It's different. They break into exchanges and steal money from those who are poorly worried about their safety. The blockchain itself does not pose any threat.
|
|
|
|
monineklutak
Sr. Member
Offline
Activity: 1890
Merit: 252
The OGz Club
|
|
January 19, 2019, 11:18:47 PM |
|
we have to believe in the blockchain because even though it can still be hacked but so far the blockchain technology is the safest so if we don't believe what other technologies will we trust? The blockchain is the best technology at the moment but unfortunately there are always people who want to use it for their own benefit by cheating or hacking and this really tarnishes the name of the blockchain so it's not surprising that many people are starting to doubt the blockchain because there's always a destroyer
|
|
|
|
Ranly123
Full Member
Offline
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
|
|
January 19, 2019, 11:22:11 PM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
Who says blockchain cannot be hacked? Of course it can ba hacked that's why cryptocurrencies and exchanges keeps on improving their securities so that malware's will not be able to catch-up to their updates.
|
|
|
|
sixexgames
Full Member
Offline
Activity: 406
Merit: 100
One Social Network
|
|
January 19, 2019, 11:22:21 PM |
|
Well I think the 51% attack on Ethereum Classic showed the risks involved in have a PoW consensus mechanism... especially for smaller coins of PoW, I'm not sure any of them is safe. And exchanges really need to make security #1 priority... we can't keep having these hacks happening.
|
|
|
|
creeps
|
|
January 19, 2019, 11:24:32 PM |
|
blockchain does not mean it cannot be hacked because blockchain is not a security system but is a technology that can store and send data efficiently and can be used for any purpose depending on the user and the security level depends on the user so if there is hacking you cannot blame blockchain but it was a mistake from the developer who could not secure their project
Everything is vulnerable in cryptomarket, and I agree that the developer should maintain the most advance security to protect the system. Always remember that the technology is growing and the hackers are also using that advance technology to collect money. We can trust blockchain, but we should know how to secure it.
|
|
|
|
IndianaJons
Member
Offline
Activity: 336
Merit: 10
Proof-of-Stake Blockchain Network
|
|
January 19, 2019, 11:34:00 PM |
|
Hard Fork Ethereum did not take place due to the lack of support from the mining pools. Over 40% of them did not support hard fork. Therefore, information about errors in the code was invented.
|
|
|
|
terible.hunter
Member
Offline
Activity: 490
Merit: 10
Bitfresh - iGaming with 90s UI
|
|
January 20, 2019, 03:46:28 PM |
|
My point of view as a whole does not change, because a very large number of people are interested in this technology today, so I think that now it’s probably just a technology and it is already changing the world.
|
|
|
|
sergeykravchenko1959
|
|
January 20, 2019, 04:00:22 PM |
|
The blockchain platform is a technology that underlies the operation of crypto coins. It is transparent, decentralized and in the records of which it is impossible to make changes. You can lose your investments if you are not careful when storing your coins, but this does not in any way relate to the blockchain, but only to the exchangers and purses that you use.
|
|
|
|
ivaf
|
|
January 20, 2019, 05:20:04 PM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
You are a little confused. Blockchains do not hack. They can be attacked, but not hacked. In the cases you have listed, we have: - for exchanges - the site security system was hacked, as a result of which the attacker was able to withdraw funds; - for Ethereum hardfork - it was postponed due to a bug found in the update code (to fix it).
|
|
|
|
Rapidgator
|
|
January 20, 2019, 05:31:51 PM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
If they think that there is a real issue of suspended hard fork that means they're really want to share only the best version of the project. I would be starting sceptical thinking with some bigger issues related to blockchain technology.
|
|
|
|
Febo
Legendary
Offline
Activity: 2730
Merit: 1288
|
|
January 20, 2019, 06:13:03 PM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
Not sure why you mix centralized exchanges into block chain. But any block chain can have a bug. It all goes to how many eyes there is to check the code and how many people test on testnet before it goes live. You can notice difference between Monero and Bitcoin towards Etehreum. First two are making baby steps not risking bugs. Ethereum just jump no matter what will happen. They can rewind their immutable code anyway.
|
|
|
|
kewlc3s
|
|
January 20, 2019, 06:16:39 PM |
|
What you wrote it is not about blockchain itself. Blockchain itself we could trust. We can't trust coins and exchanges. But blockchain will never lie
|
|
|
|
capableuwa1
Copper Member
Member
Offline
Activity: 420
Merit: 26
|
|
January 20, 2019, 06:26:39 PM |
|
What you wrote it is not about blockchain itself. Blockchain itself we could trust. We can't trust coins and exchanges. But blockchain will never lie Thanks for clarifying the information here. Blockchain have proven to be trusted times without Number, but do we have an option to trust the coin? This is one of the main issue that needs to be resolve. Coins can't be trusted as well as exchange. Few days ago, Cryptopia security system was breached and they are still trying to recover millions back.
|
|
|
|
Luke NY
Copper Member
Newbie
Offline
Activity: 168
Merit: 0
EndChain - Complete Logistical Solution
|
|
January 20, 2019, 08:11:12 PM |
|
You can trust the blockchain, which has good protection, because now in the world there are many reasonable burglars and scammers. This technology with many features that we use, and it can be trusted, despite the threats.
|
|
|
|
Gekkoo
|
|
January 20, 2019, 08:56:34 PM |
|
Why should not we trust? ETH is centralized and has demonstrated this in countless moments, you need to rely on something even when this something allows you to be trusted, then you can look for another! It is not correct for you to analyze a part and place it as absolute. Ethereum is just another platform with features that a simple person can interact with a "blockchain" in simplicity, but already countless people and the blockchain concept and even its definition is superior to Ethereum.
|
|
|
|
playboy654
Member
Offline
Activity: 546
Merit: 32
|
|
January 20, 2019, 09:04:46 PM |
|
Why should not we trust? ETH is centralized and has demonstrated this in countless moments, you need to rely on something even when this something allows you to be trusted, then you can look for another! It is not correct for you to analyze a part and place it as absolute. Ethereum is just another platform with features that a simple person can interact with a "blockchain" in simplicity, but already countless people and the blockchain concept and even its definition is superior to Ethereum.
My general open in his if anything will give the perfect for your investment then you can definitely trust that way so black chain is the most profit giving business so you can definitely trust that for your future.
|
|
|
|
crenfrosck
Member
Offline
Activity: 470
Merit: 12
|
|
January 20, 2019, 09:37:17 PM |
|
The system itself is quite unbreakable. Yeah, exchanges are extremely vulnerable, but they play a "passive role" of the blockchain. Try shutting down tens of thousands decentralized computers at the same time- seems pretty difficult to me. On the other hand, prevention of any kind of even hardly imaginable attack is leading to even more secured network. That is not bad for us, "good guys," huh? Nothing is perfect and I believe that someday the perfect execution of hackers´ wet dream might occur- but for several years, we are not there yet .
|
===================================================== BILLCRYPT - CREATING HISTORY=====================================================
|
|
|
BCTS
|
|
January 20, 2019, 10:15:58 PM |
|
I think blockchain is one of the most brilliant ideas of the 21st century. If it had been introduced earlier, the demand would have been even greater. Anyway, I trust this technology.
|
|
|
|
CryptoCoinArbitrage
Member
Offline
Activity: 485
Merit: 12
$WPP $HyFi https://hyfi-corp.com/
|
|
January 20, 2019, 10:39:51 PM |
|
Blockchain technology and the security are two different things. Hackers are attacking the exchanges as it`s security is vulnerable. So, if there is a loophole in the security of the exchanges hackers will use it. This is why we should not store our funds on exchanges only the funds we are trading with.
|
|
|
|
givary
Jr. Member
Offline
Activity: 378
Merit: 1
|
|
January 20, 2019, 10:47:26 PM |
|
I think if we don't trust Blockchain, we certainly aren't here. All have risks and we certainly have to be more careful in doing everything. Some exchanges are vulnerable to theft and this is what makes many people disappointed. But you also need to be able to maintain a good password and not trust others.
|
|
|
|
ije07
Sr. Member
Offline
Activity: 1414
Merit: 250
Undeads.com - P2E Runner Game
|
|
January 20, 2019, 11:12:54 PM |
|
The blockchain platform is a technology that underlies the operation of crypto coins. It is transparent, decentralized and in the records of which it is impossible to make changes. You can lose your investments if you are not careful when storing your coins, but this does not in any way relate to the blockchain, but only to the exchangers and purses that you use.
it is true that if we lose money or assets it is not because the blockchain is less secure but because the wallet that we use is the less secure or the way we store privacy is wrong then we can be hacked, this is also experienced by the hackers who have been hacked
|
|
|
|
trns.txt
Jr. Member
Offline
Activity: 171
Merit: 1
|
|
January 20, 2019, 11:22:09 PM |
|
Why not? In my opinion, crypto world is very identical with the use of blockchain technology. And so far, this technology can be used in the very wide cases and fields, not only about the exchange or others. Now, the blockchain technology is an advanced system to support the utility such as used for traveling system, health, education, charity, and more.
|
|
|
|
Distinctin
|
|
January 20, 2019, 11:28:45 PM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
Online technologies are prone to hacking, thus it only bonded with codes as its securities. Many individuals have studied this hacking strategies as their job also but for us, it is serious crime and illegal activities. Many were caught for hacking but it takes a months or even a years to discover who's the person involve. There is a lot of money in big exchanges and so they wanting to have it, that is why they should improved their security codes and do updates.
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
dabenko
Member
Offline
Activity: 280
Merit: 11
|
|
January 20, 2019, 11:30:07 PM |
|
The characteristics inherent in blockchain makes it to be secured. Cryptocurrency is built on block chain technology and it is transferrable from one person to another, with the consent of the person sending, without a third party. For the fact that it can be transferred, if there is a security bridge on where I am keeping it, it can be stolen, by transferring out.
|
|
|
|
Dewi Aries
Legendary
Offline
Activity: 2688
Merit: 1091
Leading Crypto Sports Betting & Casino Platform
|
|
January 20, 2019, 11:31:04 PM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
well, in past from what i know is blockchain really can't get hacked. If it is can get hacked, a lot of transaction already disturbed by that. From what happen like market that got hacked, it is pure on their security which can accessed by that hackers.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
ottogary
|
|
January 21, 2019, 03:39:48 AM |
|
Why won't we? What we need to aware of is the people behind the blockchain (anyone who utilize the technology), Cause there are many people utilizing blockchain technology for doing something bad.
|
|
|
|
HappyCaptain
|
|
January 21, 2019, 06:27:44 AM |
|
as far as i know blockchain is created to remove trust issues since every transaction is transparent, the hack in exchanges was due to their security being vulnerable to the attackers and once they successfully break this security then they have a full control on exchanges account and can transfer all the funds inside.
|
|
|
|
UAE Seasider
Full Member
Offline
Activity: 700
Merit: 110
Helios Protocol https://discord.gg/cpzAEMB
|
|
January 21, 2019, 06:58:17 AM |
|
Blockchain technology looks to be able to offer the security and reliability we need from immutable transactions stored on the chain. It is especially useful for records keeping and database interaction I have high confidence in blockchain being secure.
|
★ HELIOS PROTOCOL ★ ✅[DAG]✅[BLOCKCHAIN]✅[PoS]✅[Masternodes] ✈✈✈[weekly Airdrop][join our discord to qualify]✈✈✈ ▬▬ Mainnet Launched | Parallel Blockchain ▬▬ ▐▐▐▐▐▐▐▐ Website | Github | Bitcointalk | Bounties |Discord | telegram▐▐▐▐▐▐▐▐
|
|
|
PanGiMoon
|
|
January 21, 2019, 06:58:36 AM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
Blockchain technology probably no, but it can be adjusted to it, thereby constantly making some exchanges bankrupt. But from such holes, if it can be defended, it is not at this stage.
|
|
|
|
leetcoiner
|
|
January 21, 2019, 07:03:03 AM |
|
Blockchain technology looks to be able to offer the security and reliability we need from immutable transactions stored on the chain. It is especially useful for records keeping and database interaction I have high confidence in blockchain being secure.
Yes, in fact, the audit has never revealed any flaws in this new data accounting system. I think this is our future.
|
|
|
|
harrypotpot
Copper Member
Jr. Member
Offline
Activity: 126
Merit: 1
WWW.BLOCKCHAIN021.COM
|
|
January 21, 2019, 04:48:00 PM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
Depends on the miners on it. Also on the platform that you will going to support. Well, block chain is hackable based on the hashpower that is has in the cryptocurrency space. Choose those that are well diversified.
|
|
|
|
Milamol
Member
Offline
Activity: 686
Merit: 11
|
|
January 21, 2019, 05:07:36 PM |
|
Hacking a centralized exchange is not equal to hacking a blockchain. The usual means to hack the blockchain is not possible. However, in our world there are supercomputers (scientists, military), but perhaps they can not use these to hack the blockchain. Quantum computers may also appear. To ensure the reliability of the blockchain, miners must have the most powerful computers.
|
|
|
|
rickyis786
Copper Member
Newbie
Offline
Activity: 196
Merit: 0
|
|
January 21, 2019, 05:52:12 PM |
|
Yes we can trust on blockchain technology. this technology has many good features. the blockchain technology is an advanced system to support the utility such as used for traveling system, health, education, charity, and more other thing. this system is very safe. i know that blockchain really can't get hacked
|
|
|
|
Absolutep
Jr. Member
Offline
Activity: 434
Merit: 2
|
|
January 21, 2019, 06:30:14 PM |
|
Blockchain is a technology that we use to transfer or for transaction, but don't forget the case of security is left to be handle by the exchange themselves, if the security is good enough then assets will be safe.
|
|
|
|
ololajulo
Sr. Member
Offline
Activity: 2226
Merit: 270
Chainjoes.com
|
|
January 21, 2019, 06:37:56 PM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset
Blockchain is beyond cryptocurrency, they dont have to represent any dollar value to be blockchain. It can be used several purposes by governments, individual, institution etc. It is proposed as a good tool for national election. Bitcoin has enjoyed a lot of support to avert hack, hackers will even have more to lose than gain if they hack bitcoin, so it preferred to been seen formidable and strong
|
█▀▀▀ █ █ █ █ █ █ █ █ █ █ █▄▄▄ | | | CHAIN JOES | | ▀▀▀█ █ █ █ █ █ █ █ █ █ █ ▄▄▄█ | █▀▀▀ █ █ █ █ █ █ █ █ █ █ █▄▄▄ | ✨ | | | | | | | ✨ | ▀▀▀█ █ █ █ █ █ █ █ █ █ █ ▄▄▄█ | 📝 | |
|
|
|
el_lobo
Copper Member
Newbie
Offline
Activity: 266
Merit: 0
|
|
January 21, 2019, 06:38:23 PM |
|
Exchanges still seem to be the weak spot of crypto. The blockchain is safe, but still hackers manage to steal coins. Hopefully, this problem will eventually be solved in the future.
|
|
|
|
jrrsparkles
Sr. Member
Offline
Activity: 2394
Merit: 253
Eloncoin.org - Mars, here we come!
|
|
January 21, 2019, 06:46:14 PM |
|
Exchanges still seem to be the weak spot of crypto. The blockchain is safe, but still hackers manage to steal coins. Hopefully, this problem will eventually be solved in the future.
Exchanges don't use blockchain for their storage they just using their own hot wallets for storage purpose which is just as an online wallet controlled by themselves when someone can find those details then they can be able to hack those wallets.Which is not related to blockchain,if they are using blockchain means the exchanges will become decentralized and everything will be solved.
|
▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
|
|
|
5thFear
|
|
January 21, 2019, 06:53:28 PM |
|
Well Blockchain can never be hacked but it don't need to be hacked. The whole information is out there and just start a scam blockchain project and all the information will be received through a project, no need to hack anything.
|
|
|
|
Nolimitz84
|
|
January 21, 2019, 06:54:00 PM |
|
Yes blockchain can't be hacked and data there can't be modified. Your concern is the security of the exchange and its not the technology itself. They use a certain way to secure their exchange. Blockchain is the technology that we use for transfers, if the hacker goes on their site and successful got in. They can easily use the funds and transfer it, the problem lies to the backdoor not with blockchain.
I totally agree.It is impossible to compare blockchain technology and the work of hackers.Blockchain technology fortunately at the moment can not be somehow deceived or something in it to change.Personally, I trust this technology and am sure that this technology is not for scammers.
|
████████ ████ ███████████ ███████ ████ █████ █████████ █████ ██████████ ████ ███████████ ████ ████████████ ████ ████████████ █ █████ ████ ████████████ ██ ███████████ ████████████ ████ ████████████ ██████ ███████████ ███████ ██████████ █████████ ████████ ███████ ██████ ███████████ █████ █████████ ███ ███████ █████
| │ | PROJECT'S ACCELERATOR & INVESTMENT PLATFORM | │ | | | | │ | | │ | | | | │ | | │ |
████████ ████ ███████████ ███████ ████ █████ █████████ █████ ██████████ ████ ███████████ ████ ████████████ ████ ████████████ █ █████ ████ ████████████ ██ ███████████ ████████████ ████ ████████████ ██████ ███████████ ███████ ██████████ █████████ ████████ ███████ ██████ ███████████ █████ █████████ ███ ███████ █████
|
|
|
|
Balzhi
|
|
January 21, 2019, 07:04:02 PM |
|
it is important to understand that blockchain annd cryptocurrencies are not same things. blockchain is a technology, cryptocurrencies are product of blockchain.
|
|
|
|
omonuyak
|
|
January 21, 2019, 07:10:49 PM |
|
Blockchain technology is trustworthy and we can actually depends on it with our transactions process and I think it is more secure and transparent than any other fund of transactions processing. Though we are having some rejection from governments I believe that in future blockchain technology is going to become the financial system the world dream of.
|
|
|
|
Sanderion
Full Member
Offline
Activity: 434
Merit: 100
https://eloncity.io/
|
|
January 21, 2019, 07:42:20 PM |
|
Blockchain technology is trustworthy and we can actually depends on it with our transactions process and I think it is more secure and transparent than any other fund of transactions processing. Though we are having some rejection from governments I believe that in future blockchain technology is going to become the financial system the world dream of.
Do you really think governments will allow people to do money transactions without control? I'm sure, they won't! I think they will integrate blockchain technology in existing financial systems and will get more control over money flows. Coins like TUSD and USDT are just the beginning of that movement but we can change it! We need to use independent and anonymous blockchains to avoid control.
|
|
|
|
Maamejane
Member
Offline
Activity: 378
Merit: 10
Decentralized Continuous Audit& Reporting Protocol
|
|
January 21, 2019, 10:07:32 PM |
|
Sometimes i use to tell others if you don't trust the coin don't underestimate the technology driving it since it has really done and solve much of the world problems. The technology is actually one of the finest.
|
|
|
|
Denton
|
|
January 21, 2019, 10:26:18 PM |
|
Hackers steal our funds not because the blockchain is insecure, but because we ourselves do not accept due diligence. After all, if we take good care of the security of our funds, they cant be stolen.
|
|
|
|
bartusv
Jr. Member
Offline
Activity: 392
Merit: 2
|
|
January 21, 2019, 11:06:52 PM |
|
Hackers are not hacking the blockchain they are hacking the platforms where we hold our funds (exchanges, wallets etc) We do not have to store our funds on exchanges and take care of our private keys and we will be safe from hackers.
|
▄ ◤ DAGO Mining ◥ ▄ ▐░ ECOLOGICAL BITCOIN MINING ░▌ (https://dago-mining.com)
|
|
|
sherenikaw
Member
Offline
Activity: 630
Merit: 10
rocket.hashbon.com
|
|
January 21, 2019, 11:14:10 PM |
|
Actually, Blockchain is a very smart technology. from this tech, we can see how the people around the world create the new concept of technology with blockchain as the base. It leads us to the smart contract and other systems. is that interesting and promising? I think that trust in blockchain is powerful in order to support the development of this technology.
|
HASHBON ROCKET CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM
|
|
|
Ini35
Member
Offline
Activity: 448
Merit: 12
|
|
January 21, 2019, 11:24:18 PM |
|
That an exchange was hacked or that the hardfork of ethereum has been postponed, does not mean that it is the fault of blockchain. There is no fault with block chain technology, because it is an advanced for of technology, that we are yet to fully explore. We humans determine a lot of things, but we cannot alter the data in blockchain.
|
|
|
|
shinratensei_
Legendary
Offline
Activity: 3094
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
|
|
January 21, 2019, 11:45:55 PM |
|
Blockchain technology is trustworthy and we can actually depends on it with our transactions process and I think it is more secure and transparent than any other fund of transactions processing. Though we are having some rejection from governments I believe that in future blockchain technology is going to become the financial system the world dream of.
Do you really think governments will allow people to do money transactions without control? I'm sure, they won't! I think they will integrate blockchain technology in existing financial systems and will get more control over money flows. Coins like TUSD and USDT are just the beginning of that movement but we can change it! We need to use independent and anonymous blockchains to avoid control. That could be the reason why the government has already rejected bitcoin ETF, they are not having control over all of exchange sites and regulators are worried about the manipulation in the market that can put the investors into the big risk.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Bloodseekers
|
|
January 21, 2019, 11:49:02 PM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
Its different between blockchain and hacker in exchanges, blockchain is safe no one can hack it, And exchanges like HitBTC and Cryptopia, only use blockchain technology but in their platform, they control it, so if exchanges get hack, not because of the blockchain system but mistake by the exchange system So should we trust blockchain? Yes
|
|
|
|
lornadane
|
|
January 21, 2019, 11:51:52 PM Last edit: January 22, 2019, 12:08:25 AM by lornadane |
|
Blockchain can be hacked, and everything in the crypto may hack anytime. But Overall, we can trust blockchain! Exchanges like Bithumb, Poloneix got hacked, Binance got compromised but still, they are a very popular exchange, because people trust them and everyone believes hack is one of the main negative parts of crypto. So, I think you may enable every security options in blockchain account and don't use blockchain email roughly. If you still have confusion then buy a hardware wallet. Good Luck
|
|
|
|
aryaadikariyansyahsuwarto
Full Member
Offline
Activity: 714
Merit: 101
This Is Promissing Project
|
|
January 21, 2019, 11:56:14 PM |
|
I have to answer it like what, if you believe it, but right now there really isn't anything to be trusted, prices continue to fall, many ICOs are scam. but if we don't believe, that's what we've been up to all this time ...
|
|
|
|
Fortified
Copper Member
Jr. Member
Offline
Activity: 350
Merit: 1
|
|
January 22, 2019, 01:47:20 AM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
Blockchain technology is a system use for data recording , if anyone altering the data , it will be recorded also by itself so it's been useless for hacking while the other you mention like exchange firm is really the subject by hackers and yes it will be easier to them if you would not taking care of your private key and password .
|
|
|
|
tranduong123
Copper Member
Jr. Member
Offline
Activity: 714
Merit: 5
|
|
January 22, 2019, 01:55:49 AM |
|
Nothing is perfect, but you are confusing the two concepts, exchange and blockchain, which are two different concepts. Exchange with poor security systems will be hacked.
|
|
|
|
bezzler
|
|
January 22, 2019, 03:11:40 AM |
|
Why won't we? Blockchain technology is a good technology that also able to be implemented for another thing. Not just cryptocurrency, the possibilities of the usage of blockchain technology is wide open. So there is no reason not to believe in the blockchain technology.
|
|
|
|
cewekimut
|
|
January 22, 2019, 03:47:27 AM |
|
Hacking occurs because they have the opportunity and they are lazy and make a lot of people nervous. But we also have to be careful in doing anything and do not act that makes you suffer losses. I believe in crypto I think this is very important because here there are many opportunities that can make money.
|
|
|
|
Amalker
|
|
January 22, 2019, 05:04:26 AM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
Yea, thats right, for now blockchain can't be hacked. But exchanges it's only a platform, which keep private keys of their blockchain addresses. And many of them do not pay serious attention for security of their platforms.
|
|
|
|
Vektrum
Member
Offline
Activity: 420
Merit: 14
|
|
January 22, 2019, 06:10:33 AM |
|
The blockchain technology itself is very reliable and cannot be cracked. Another thing is that not enough attention is paid to the security system on the stock exchanges. However, these are completely different things. The blockchain technology so far proves its competitiveness and exclusivity. Its novelty and revolutionary approach was recognized by all states, even those that oppose the introduction of decentralized cryptocurrency.
|
|
|
|
Horas1976
Jr. Member
Offline
Activity: 406
Merit: 1
|
|
January 22, 2019, 06:47:31 AM |
|
Blockchain technology is knowledge on the internet and issued a product called cryptocurrency, and what they retire is crypto products become blockchain. We study the block system and can provide security information so that it will not be hacked as long as we remain cautious and alert.
|
Λ M M U T | A LOW-COST HARDWARE PLATFORM ▬▬▬ ● ● AMMUT.NETWORK ~
|
|
|
Ini35
Member
Offline
Activity: 448
Merit: 12
|
|
January 22, 2019, 08:17:35 AM |
|
It is like saying, you have a pure gold, kept in a compartment that can either be broken or not. The pure gold is the block chain, whose form cannot be changed, because it is already pure. If the compartment where it is kept is in form of a glass, plastic or wood, they you should know that it can be broken and the gold be taken away. The same can be likened to block chain and a weak security system used in saving of keeping it by the owner. So every party, exchanges, ICOs, individuals and the likes, making use of block chain in one form or the other, should try to keep their system safe by improving on the security.
|
|
|
|
valek.bruno
|
|
January 22, 2019, 05:21:35 PM |
|
As far as I understand the work process of the blockchain technology today, I can say that there is no point in not trusting this technology, because today there is every reason to believe that this technology is unique.
|
|
|
|
Saint1990
Member
Offline
Activity: 196
Merit: 11
|
|
January 22, 2019, 10:40:22 PM |
|
A blockchain is a continuously growing, append-only, list of records called blocks or transaction secured by the cryptography which not hack-able. The exchange gets hacked due to security breaches in the codes. Exchange which uses hot wallets are prone to get hacked usually as compare to exchange which store cryptocurrencies in cold wallet.
|
|
|
|
makishart
Legendary
Offline
Activity: 3066
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
|
|
January 22, 2019, 11:23:41 PM |
|
A blockchain is a continuously growing, append-only, list of records called blocks or transaction secured by the cryptography which not hack-able. The exchange gets hacked due to security breaches in the codes. Exchange which uses hot wallets are prone to get hacked usually as compare to exchange which store cryptocurrencies in cold wallet.
As long as it's not getting 51% and the blockchain will fine and remember 51% is the only possible thing to create an attack to the blokchain itself. Hot wallet doesn't have a lot of protection. It much better if the blockchain try to create such a decentralized wallet.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
mastersay
Jr. Member
Offline
Activity: 322
Merit: 2
|
|
January 24, 2019, 06:06:23 AM |
|
Yes of course we can trust blockchain. And to clear up, the blockchain was not really involve for the recent accident on cryptopia exchange. We can blame the cryptopia himself for the incident, because of their security that may be vulnerable to some serious hacker attacks. Blockchain cannot be doctored.
|
HARA │ Empowering billions through data one byte at a time
|
|
|
fuer44
|
|
January 24, 2019, 06:11:29 AM |
|
Yes blockchain can't be hacked and data there can't be modified. Your concern is the security of the exchange and its not the technology itself. They use a certain way to secure their exchange. Blockchain is the technology that we use for transfers, if the hacker goes on their site and successful got in. They can easily use the funds and transfer it, the problem lies to the backdoor not with blockchain.
yes, if the technology (blockchain) is not guilty of what happened in the case of theft. if that happens on an exchanger, then the exchanger must be questioned about its security, not the blockchain.
|
|
|
|
Rapidgator
|
|
January 24, 2019, 10:25:54 PM |
|
Yes of course we can trust blockchain. And to clear up, the blockchain was not really involve for the recent accident on cryptopia exchange. We can blame the cryptopia himself for the incident, because of their security that may be vulnerable to some serious hacker attacks. Blockchain cannot be doctored.
First of all cryptopia is a centralized exchange not decentralized so I don't know why are you bringing here this example of "blockchain technology problems"?
|
|
|
|
starblocks
|
|
January 25, 2019, 03:06:36 AM |
|
Blockchains themselves aren't easy to hack, but they are vulnerable to what is known as a "double spend" or 51% attack which is quite hard to achieve if the hash power that secures them is distributed equally amongst a majority of miners, but what you appear to be referring to is an issue to do with exchange security which is another thing altogether and unfortunately only a small percentage of top exchanges have been awarded a B or higher rating in this area so make sure you take all the necessary precautions when using them
|
|
|
|
libert19
|
|
January 25, 2019, 04:01:43 AM |
|
Yes Blockchain is trusted unless there is some single party who owns most of network.
What you said about exchanges don't make sense, exchanges just manage Blockchain assets.
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
kuverty
|
|
January 28, 2019, 08:54:36 AM |
|
The entire point of blockchain and decentralization is to develop a trust. If you are here to exploit the system the system will weed you out. That's the entire point of smart-money.
|
|
|
|
714
Member
Offline
Activity: 438
Merit: 10
|
|
January 28, 2019, 09:01:57 AM |
|
I fully believe in blockchian technology, clearly the security and anonymity of blockchian technology is very wonderful. I was only anxious to put my money on the exchanges, and hackers could easily break into the trading floor and steal money.
|
|
|
|
Volk-05
Jr. Member
Offline
Activity: 434
Merit: 1
|
|
January 28, 2019, 01:33:40 PM |
|
Blockchain can not be cracked, at least for now, but still I think the time will come and get to it!
|
|
|
|
e@symode
|
|
January 28, 2019, 02:03:17 PM |
|
It seems to me that the question actually puts at risk all the industry in which today a huge amount of money is running in. Therefore, it seems to me that today it makes sense to say that the technology as a whole is working properly.
|
|
|
|
kiansantan
Member
Offline
Activity: 504
Merit: 10
|
|
January 28, 2019, 02:08:52 PM |
|
I believe in crypto I think this is very important because here there are many opportunities that can make money. But we also have to be careful in doing anything and do not act that makes you suffer losses.
|
|
|
|
goolesby
Member
Offline
Activity: 574
Merit: 10
Gistcoin
|
|
January 28, 2019, 02:14:29 PM |
|
If we have decided to be part of crypto world, I'm really sure that I must believe in the blockchain technology. So far, this technology really grows so faster, offering the generous concepts of the projects. We cannot stop it. Many are legit but many are also scams. That is why, blockchain will really give the upsides by itself.
|
|
|
|
jakasantosa
Jr. Member
Offline
Activity: 448
Merit: 2
Think better
|
|
January 28, 2019, 02:20:44 PM |
|
If the Blockchain can be hacked then there will be no crypto market that wants to trade crypto coins. Because all crypto markets use technology called blockchain. So the conclusion of Blockchain is very trusted for everything related to cryptocurrency trading.
|
Look Forward
|
|
|
forexandcryptoauditor
Copper Member
Jr. Member
Offline
Activity: 1162
Merit: 3
|
|
January 28, 2019, 02:35:27 PM |
|
As far as I know, from my point of view, Blockchain is fully secured along with its transparency feature. Due to proof of concept, consensus or agreement algorithm, this is most trustworthy ecosystem. The hacking issue are not with in the blockchain area. The exchanges are not built on blockcahin technology. These are simple applications for example forex trading. Since they are not applying enough security measures and off course, due to lack of regulations , these are prone to cyber attacks.
So blockchain itself is trustworthy but the applications outside it or built on it are not secure.
|
|
|
|
drrekkty
Member
Offline
Activity: 462
Merit: 10
|
|
January 28, 2019, 02:48:54 PM |
|
Blockchain is transparent, how can't you trust to blockchain? Crypto based on trust to blockchain, so how can you have any doubt in this activity? As for me it is basis and only attack 51% can change network
|
|
|
|
andrejka
Sr. Member
Offline
Activity: 770
Merit: 251
MOBU - FUTURE OF SECURITY TOKENS
|
|
January 28, 2019, 03:03:42 PM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
Because all these exchanges have nothing to do with blockchain, they are centralized and thus quite vulnerable. But look at all those decentralized exchanged fully built on blockchain. There is not a sinle hack there and won't be)) Concerning ETH they didn't suspend anything they are just playing for time in such market conditions like everyone else do...
|
|
|
|
ameliana
|
|
January 28, 2019, 03:11:01 PM |
|
Blockchain is transparent, how can't you trust to blockchain? Crypto based on trust to blockchain, so how can you have any doubt in this activity? As for me it is basis and only attack 51% can change network
even many experts say if the blockchain won't die because blockchain technology is very efficient and versatile. they say if crypto can die but not for the blockchain. so I think we can trust the blockchain.
|
|
|
|
Sri rahayu
|
|
January 28, 2019, 03:18:27 PM Last edit: January 28, 2019, 03:39:29 PM by Sri rahayu |
|
I believe in crypto I think this is very important because here there are many opportunities that can make money. But we also have to be careful in doing anything and do not act that makes you suffer losses.
what you say, you don't read what is being discussed, I hope you read first before reply on the thread. About exchanges being hacked, because their security system is still lacking, and must be corrected immediately. The blockchain is different matter of the discuss , and the blockchain will still be used and will grow further in the future and I believe it. Hacker will hack the server, not the blockchain
|
|
|
|
MikeyVeez
|
|
January 28, 2019, 03:25:40 PM |
|
Blockchain is the thing that should bring trust to the market. Thanks to smart-contract we do not need an intermediary or judge. Even you do not know the person with whom you deal, but thanks to blockchain you can be sure that everything will be okay.
|
|
|
|
voltesbit777
|
|
January 28, 2019, 03:41:47 PM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
Yes why not. Blockchain for me is the one really to solve the corruption in all countries in the entire world. If they just only know what is the benefits of Blockchain, for sure majority of the country would become prosperous in the near future. And I do agreed that it can't be hack by the hackers easily, instead it will be hard for them to steal it.
|
|
|
|
indrakusumaindra
Full Member
Offline
Activity: 728
Merit: 101
The Standard Protocol - Solving Inflation
|
|
January 28, 2019, 03:44:46 PM |
|
The comment above is absolutely correct. Centralized exchanges spend very little attention on security and a lot of attention on making big profits. I am sure that this is not the last major and successful hacker attack on the stock exchange (there are thoughts that Cryptopia itself arranged this attack in order to get the money of its clients). Do not keep your money on the exchanges!
Yes i do agree that decentralized is better and we should trust blockchain technology cause its more transparant and more safer in term of security.
|
|
|
|
CryptoBuds
Legendary
Offline
Activity: 2072
Merit: 1042
HODL
|
|
January 28, 2019, 03:46:43 PM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
Exact the same things happened with credit cards for a pretty long time since their appearance. Same things were with the wild west, when every now and then banks were robbed. The crypto is young and there is a lot things should been done to bring crypto to the mainstream.
|
|
|
|
Maknae09
Jr. Member
Offline
Activity: 196
Merit: 1
Ternion | Hybrid Crypto Exchange with fiat gateway
|
|
January 28, 2019, 03:59:08 PM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
How could you possibly say that if there are billions and billions of dollar circulating through block chain? Well, yes it is still vulnerable but think of the bright side such as it just need many hashpower and it is strong enough.
|
▃ ▄ Ternion ▀▄▀ Ternion | Hybrid Crypto Exchange with fiat gateway ◥◤ ICO Start: 01 OCT 2018 (http://www.Ternion.io/)
|
|
|
bitcoindusts
|
|
January 28, 2019, 04:19:45 PM |
|
Everything can be hacked, nothing is impossible to the technology. But the characteristic of Blockchain which consists of hash is very difficult to crack. It is not practical to hack blockchain becauae of expenses. Everything will be affected. Should I trust Blockchain? Of course YES!
|
|
|
|
trade2winnn
|
|
January 28, 2019, 04:40:36 PM |
|
For me it is more safe than a Bank,so how can you keep your tokens in your wallet,which is tied only to you,and others do not have access to it,so Yes,there are very large advantages,plus there were cases when banks are just a bunch of people threw for them and that's not what it was,and where garnotii what else it is not?
|
|
|
|
neli234
Jr. Member
Offline
Activity: 364
Merit: 1
|
|
January 28, 2019, 04:46:32 PM |
|
If you don't trust your property on the floor, you should buy a hard wallet and transfer all the coins in it (keep your key carefully). I still keep most of them on Binance, if the loss they will compensate me
|
|
|
|
chriseasan
Copper Member
Newbie
Offline
Activity: 224
Merit: 0
|
|
January 28, 2019, 05:33:32 PM |
|
Blockchain could be hacked and as you see there are enough examples of doing it. The point of trust is the lack of the third party and that people can exchange, share, or buy funds from each other without paying any fees.
|
|
|
|
TooDumbForBitcoin
Legendary
Offline
Activity: 1638
Merit: 1001
|
|
January 28, 2019, 05:49:02 PM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
What a shame... You need to read not only a headers of articles. This exchanges are centralized pieces of shit. As for Ethereum it wasn't a bug, it is additional take care about smart contract programmers who will write code with the one old principle what can make this contract vulnerable
|
|
|
|
cytpoway121
Member
Offline
Activity: 1540
Merit: 68
|
|
January 28, 2019, 05:51:39 PM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
It is true they said that Blockchain can not be hacked But I do not see crypto currency as an perfect Blockchain , it’s more like a tip of what Blockchain is generally But are they deceiving us ? I’m not sure what to tell
|
|
|
|
tonibyuzen
Jr. Member
Offline
Activity: 168
Merit: 1
“Justice as a Service Infrastructure”
|
|
January 28, 2019, 06:26:50 PM |
|
Blockchain technology has nothing to do with exchanges, exchanges are centralized and this is one of the main problems. The blockchain technology itself is really safe. Every exchange user should understand that they are intended for trading, but are not suitable for storing your coins. Therefore, you should think about your own safety and keep your coins in your wallet.
|
JUR Alliance | https://jur.io/ | Join the Legal Revolution! Justice as a Service Infrastructure
|
|
|
atjiat
|
|
January 28, 2019, 07:15:56 PM |
|
Blockchain technology has nothing to do with exchanges, exchanges are centralized and this is one of the main problems. The blockchain technology itself is really safe. Every exchange user should understand that they are intended for trading, but are not suitable for storing your coins. Therefore, you should think about your own safety and keep your coins in your wallet.
It seems to me that security problems in the means of many cryptocurrency users are of a special nature, and in the first place it does not concern the blockchain technology itself. If we take into account the security of the ethereum tokens, then their safety depends primarily on the user's care and his safe actions.
|
|
|
|
Hoofprint
|
|
January 28, 2019, 07:49:57 PM |
|
Blockchain is a technology for storing data and information about the processing of this data. Due to the fact that this data is stored on many computers at the same time, the blockchain is really safe and not subject to hacking. But exchanges do not use blockchain technology, they are centralized and this makes them vulnerable to hacker attacks.
|
|
|
|
ataki
|
|
January 28, 2019, 08:02:37 PM |
|
ETH rescheduled Constantinople upgrade as the code audit discovered some dangerous security vulnerabilities to ETH smart contracts. It has nothing to do with the hackers. The blockchain is safe, the hackers are attacking the exchanges and the devices we use. We have to be cautious and protect our devices maximally.
|
|
|
|
Gab20
Jr. Member
Offline
Activity: 714
Merit: 3
|
|
January 28, 2019, 09:49:29 PM |
|
Immutability is a unique characteristic of blockchain and that is not a mistake. As for the exchanges that were reportedly hacked, well we cannot yet conclude if they were hacked. What everyone needs to know is that, the coins stolen were stored in on a central server, where if hacked,
|
|
|
|
letyouearn
Legendary
Offline
Activity: 1722
Merit: 1014
|
|
January 29, 2019, 03:59:49 PM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
Blockchain is just a new technology. It's too raw still. So, it's obvious that some breaks and hackings will happen in the nearest years. This will happen often until developers will learn on their mistakes and improve their security systems enough to withstand all these attacks.
|
|
|
|
boty
Full Member
Offline
Activity: 1162
Merit: 208
★Bitvest.io★ Play Plinko or Invest!
|
|
January 29, 2019, 05:41:27 PM |
|
of course you have to trust the blockchain and with blockchain technology it can be very useful to make payments and record encrypted data and all transactions can be recorded and can be seen by everyone, so I think this blockchain is the technology that should be able believed in.
|
|
|
|
macstrong12
Member
Offline
Activity: 230
Merit: 10
|
|
January 29, 2019, 06:42:13 PM |
|
We are using bank system now and it means we are trusting banks and people can manipulate numbers in banks because they are centralized, I would rather trust to numbers instead of people, It is always safer because 2+2 is always equal to 4.
|
|
|
|
tbossmitche
Jr. Member
Offline
Activity: 213
Merit: 1
|
|
January 29, 2019, 07:44:08 PM |
|
I think we are actually have some things mixed up here. Blockchain in itself cannot be hacked and executed activities cannot be modified or reversed. That is to say, the technology is as secure as you can hope for. The security concern we really do have with cryptocurrency exchange platforms is not actually about blockchain technology itself. These exchange platforms often use $iffering ways to secure their exchanges. This directly means that hackers can find their way around security measures on exchange platforms and help themselves to the funds of users.
The problem is simply with the exchange platforms and not with blockchain technology.
|
|
|
|
semobo
|
|
January 29, 2019, 08:17:29 PM |
|
We are using bank system now and it means we are trusting banks and people can manipulate numbers in banks because they are centralized, I would rather trust to numbers instead of people, It is always safer because 2+2 is always equal to 4.
Don't trust anybody is the principle of decentralization so it's better to trust ourself then trusting a trusted third party right. But exchanges are not using blockchain to store any cryptocurrencies so the hacks where happening due to the low security of exchange not due to the problem with blockchain technology.
|
|
|
|
smithelemuo
Jr. Member
Offline
Activity: 95
Merit: 1
|
|
January 29, 2019, 10:53:31 PM |
|
Blockchain is the mother of the cryptocurrency inventions. It is pretty trustworthy. There is a chance that cryptocurrencies may fail, but blockchain technology will certainly remain or be modified
|
|
|
|
maxilopez
Jr. Member
Offline
Activity: 210
Merit: 1
|
|
January 29, 2019, 11:06:25 PM |
|
I am sure that it will never be better to be hacked and you should not doubt it.BTC
|
JUR Alliance | https://jur.io/ | Join the Legal Revolution! Justice as a Service Infrastructure
|
|
|
Barinerro
Jr. Member
Offline
Activity: 182
Merit: 1
Justice as a Service Infrastructure
|
|
January 29, 2019, 11:16:12 PM |
|
Blockchain is the mother of the cryptocurrency inventions. It is pretty trustworthy. There is a chance that cryptocurrencies may fail, but blockchain technology will certainly remain or be modified
At the moment, I think the blockchain has worked well and is unlikely to be something different changed , I think the blockchain will exist until it comes to replacing another technology but for now it is much better than Fiat money
|
JUR Alliance | https://jur.io/ | Join the Legal Revolution! Justice as a Service Infrastructure
|
|
|
TastyChillySauce00
Legendary
Offline
Activity: 2982
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
|
|
January 29, 2019, 11:18:27 PM |
|
Blockchain is the mother of the cryptocurrency inventions. It is pretty trustworthy. There is a chance that cryptocurrencies may fail, but blockchain technology will certainly remain or be modified
it is not pretty trustworthy but it is absolutely trustworthy There is no way a blockchain which programmed.properly and verified ny the whole community by making it open source could think by itself and scamming people.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
a4techer
|
|
January 29, 2019, 11:21:14 PM |
|
Yes we can trust blockchain because this is the center of all data that connected on altcoins and now some of banks and establishment was now using blockchain to store data so it means the security was not easy to hacked but we don't know how the hackers do for them to hack it.
|
|
|
|
Matthewmorris4
Member
Offline
Activity: 350
Merit: 10
BitbondSTO.com | Germany’s First STO | Earn Stable
|
|
January 29, 2019, 11:43:40 PM |
|
Of course yes. I think it's the unique thing which we can trust. These news with cryptopia doesn't make any influence on the whole market. Blockchain projects are still confident. I wish more people will start using them.
I'm also sure that we really have to trust the blockchain too, even though the blockchain is still down, but we just believe that something good will happen suddenly and make us happy not only temporarily. but the longer it will be more difficult, because in addition to the mental traders, fundamentally the current conditions do not support the development of a whole cryptospace, Its very bad to facing a market with this, maybe only some point that could be statment blockchin can be trust
|
|
|
|
Akpuv
Jr. Member
Offline
Activity: 322
Merit: 2
|
|
January 29, 2019, 11:55:06 PM |
|
According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
The security breaches experienced in those top exchanges is a huge call for concern. Imagine if the blockchain technology is used in a national election voting system and it got hacked, it means the elections will not be credible.
|
████████████ AVXChange ████████████
|
|
|
Lexurdania
Member
Offline
Activity: 840
Merit: 10
|
|
January 30, 2019, 01:01:33 AM |
|
Blockchain technology should be secure. Hackers can steal our coin and token because we not saving our private key. If we keep private key safe and not share it to anyone, i am believe our wallet secure and we should always aware on suspicious link
|
|
|
|
akram143
Full Member
Offline
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
|
|
January 30, 2019, 01:06:25 AM |
|
Of course yes. I think it's the unique thing which we can trust. These news with cryptopia doesn't make any influence on the whole market. Blockchain projects are still confident. I wish more people will start using them.
I'm also sure that we really have to trust the blockchain too, even though the blockchain is still down, but we just believe that something good will happen suddenly and make us happy not only temporarily. but the longer it will be more difficult, because in addition to the mental traders, fundamentally the current conditions do not support the development of a whole cryptospace, Its very bad to facing a market with this, maybe only some point that could be statment blockchin can be trust The experience the people are definitely say blockchain is the best way to make money and they don't have doubt about their investment still in this situation also but then you people are the big problem they invest some amount in an Crypto but they are get their investment very soon it will be the main problem going on here if it was reduced then the value will definitely grow again for all the Crypto.
|
|
|
|
glendall
Legendary
Offline
Activity: 2100
Merit: 1018
Sugars.zone | DatingFi - Earn for Posting
|
|
January 30, 2019, 02:18:36 AM |
|
all the events that you mention are like exchangers that get hacker attacks or ETH that delay hardfork, This is not because of using blockchain technology, but blockchain technology really makes it easier for us to make transactions, if I see a hacker attack occurring because the security at the exchanger is not good enough.
|
.SUGAR. | | ██ ██
██ ██
██ ██
██ ██
██ ██
██ ██ | | | | | ██ ██
██ ██
██ ██
██ ██
██ ██
██ ██ | | ███████████████████████████ ███████████████████████████ ██████ ██████ ██████ ▄████▀ ██████ ██████▄▄▄███▀ ▄█ ██████ ██████████▀ ▄███ ██████ ████████▀ ▄█████▄▄▄██████ ██████▀ ▄███████▀▀▀██████ ██████ ▀▀▀▀▀▀▀▀▀ ██████ ██████ ██████ ███████████████████████████ ███████████████████████████ | . Backed By ZetaChain | | ██ ██
██ ██
██ ██
██ ██
██ ██
██ ██ | | | | ██ ██
██ ██
██ ██
██ ██
██ ██
██ ██ | | | |
|
|
|
lutcor
Jr. Member
Offline
Activity: 448
Merit: 1
|
|
February 14, 2019, 04:18:50 PM |
|
Most likely, yes, because today there is no information that would say that the blockchain can be hacked, you understand that this is generally impossible, because there is a POW protocol
|
|
|
|
|