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Author Topic: Do you believe BTC can be attacked?  (Read 812 times)
dortheamangum
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November 19, 2021, 06:25:57 AM
 #121

Bitcoin is based on blockchain technology, which is one of the most advanced and secured technologies now. The core design of blockchain comprises cryptographic technology, which is hard to hack. Therefore, I think that Bitcoins are safe from cyber attacks.
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nicolerichardson
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November 19, 2021, 07:35:10 AM
 #122

So far, I never heard of an incident where bitcoin was attacked; maybe because of the excellent technology behind it. But we cannot say that it won’t ever be attacked. If the hackers get through the loopholes, they can attack it anytime. But I see very little possibility of anything such happening.
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November 19, 2021, 08:09:38 AM
 #123

I don't think it's possible because bitcoin is different from others and this has been proven for 10 years since bitcoin's inception until now there is no hacking except individuals who are not careful to store it and lose their bitcoins

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November 19, 2021, 08:15:08 AM
 #124

Bitcoin has been running for years and remains the top 1 cryptocurrency until now and I have never heard of bitcoin being attacked. We all know a lot of scammers out there, so maybe it could happen, but until now no one has succeeded in attacking bitcoin because it is too difficult.

Well Andreas Antonopoulos likes to put it differently and I personally believe he is most likely right. He says that we can be sure that Bitcoin gets attacked all the time. Maybe not so much anymore these days but the reason that we believe it hasn't been attacked is that Bitcoin hasn't been successfully attacked yet. In Blockchain you either crack or it or you don't, it is a binary thing. If someone breaks into your house it might be different as you may be able to see some evidence afterwards even though the attack wasn't successful.

Exactly, Bitcoin gets attacked all the time, probably not so much as before! It's crazy to think that hackers, big corporations, and even governments didn't try to do something with Bitcoin... with all their man and computer power, crazy big funds! And Bitcoin is still here and alive! Now probably there are some enthusiasts who are still trying to hack Blockchain, but it's very difficult for them to do that... Theoretically, anything is possible if you are imaginative, but I really doubt that something will happen to Bitcoin in the near future!

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