How easy it is to KILL bitcoin.

[Buffer Overflow]

Do you get a lot of work as a penetration tester?

Maybe he works in a dildo factory. Testing department.

[Plank]

Bitcoin isn't easy to kill, considering the amount of money transacted everyday and the volume of btc circulating in market..that's a ton ..

[Decksperiment]

Regardless of whatever connection you make to the cloud, you still have to go through an ISP, get it?

You think the people who give us this computer hardware have'nt checked all possible combinations of key press's before even linux came out?

Wow..

And with the boxes in place, the laws are no longer required.. because governments are above their own laws.

Mysterious boxes lol.

Not every ISP will do this. Good luck seeing that implemented world wide.

Actually, this only requires at least one ISP in ANY country on ANY landmass to work, since the rest, being an integral part of the web, will probably go through said ISP one way or another.. In this department, I'd suggest reading up on deep packet inspection, which is how this IS done right now.. by 98% of ISP's.

2:

So then it occured to me..

Create a network of around 'x' amount of computers. Install bitcoin app and run as server.

Would this not create a 'new' blockchain, which can then be introduced into or OVER the origional one we currently use?

Um, no. You need to read up a little more.

LOL the OP is obviously a noob as he doesn't even know how the blockchain gets written and possibly overwritten.

"Just install bitcoin app and run as server and voila blockchain is overwritten"....lol

That one made my day right there...especially after his OP where he was so serious about his theory.

Possibly I'm a noob, but at what exactly? I guess no-one understands that bitcoin can be used in an internal network, kinda like a wrk's payment/club card scenario. Run as an internal networked application, creating an internal blockchain, see, this is how I would in fact get started, adding it to the external blockchain would be my problem right there.. thats just to start with. Who cares if the experts say different, I did'nt become a pen tester to agree with things that appear to be unchangable. I am here to destroy, then rebuild.. for only then will I learn not to destroy.

Been to Ediinburgh anyone? Bank Hotel, Royal Mile.. sitting arguing till I was blue in the face with two software dev's claiming that I could indeed take a legally activated broadband modem to ANY house and it will work. They denied this.

Please notice your quotes dude, they are incorrect, I did not say what you are quoting.. another misleader..

So as I see it, bitcoin does nothing BUT hash checks. Each block it hashes is stored in the blockchain.

So all we would need to do is simulate those hashes in an internal network, then use one of those pc's to BUY using external scource, ie, the shop., placing hashes found on an internal network to the external blockchain, which of course, knows nothing of the internal network, and dont care, since the hashes created by the internal network were confirmed by other pc's on the internal network which were just as 'legal' as the external.. Just another theory

Edit: You read it here first lol..

[Decksperiment]

Ps, I aint interested in destroying bitcoin, just wanted to know of other 'hack's' excluding the 51% hard fork, which I read of years ago before it happened.. So dont think I'm a naysayer etc.. Just curious..

[Ayers]

Ps, I aint interested in destroying bitcoin, just wanted to know of other 'hack's' excluding the 51% hard fork, which I read of years ago before it happened.. So dont think I'm a naysayer etc.. Just curious..

i read about 40% and 30% attack, at 2-3 confirmations , but i'm not sure how strong they are

[harrymmmm]

Regardless of whatever connection you make to the cloud, you still have to go through an ISP, get it?

You think the people who give us this computer hardware have'nt checked all possible combinations of key press's before even linux came out?

Wow..

And with the boxes in place, the laws are no longer required.. because governments are above their own laws.

Mysterious boxes lol.

Not every ISP will do this. Good luck seeing that implemented world wide.

Actually, this only requires at least one ISP in ANY country on ANY landmass to work, since the rest, being an integral part of the web, will probably go through said ISP one way or another.. In this department, I'd suggest reading up on deep packet inspection, which is how this IS done right now.. by 98% of ISP's.

2:

So then it occured to me..

Create a network of around 'x' amount of computers. Install bitcoin app and run as server.

Would this not create a 'new' blockchain, which can then be introduced into or OVER the origional one we currently use?

Um, no. You need to read up a little more.

LOL the OP is obviously a noob as he doesn't even know how the blockchain gets written and possibly overwritten.

"Just install bitcoin app and run as server and voila blockchain is overwritten"....lol

That one made my day right there...especially after his OP where he was so serious about his theory.

Possibly I'm a noob, but at what exactly? I guess no-one understands that bitcoin can be used in an internal network, kinda like a wrk's payment/club card scenario. Run as an internal networked application, creating an internal blockchain, see, this is how I would in fact get started, adding it to the external blockchain would be my problem right there.. thats just to start with. Who cares if the experts say different, I did'nt become a pen tester to agree with things that appear to be unchangable. I am here to destroy, then rebuild.. for only then will I learn not to destroy.

Been to Ediinburgh anyone? Bank Hotel, Royal Mile.. sitting arguing till I was blue in the face with two software dev's claiming that I could indeed take a legally activated broadband modem to ANY house and it will work. They denied this.

Please notice your quotes dude, they are incorrect, I did not say what you are quoting.. another misleader..

So as I see it, bitcoin does nothing BUT hash checks. Each block it hashes is stored in the blockchain.

So all we would need to do is simulate those hashes in an internal network, then use one of those pc's to BUY using external scource, ie, the shop., placing hashes found on an internal network to the external blockchain, which of course, knows nothing of the internal network, and dont care, since the hashes created by the internal network were confirmed by other pc's on the internal network which were just as 'legal' as the external.. Just another theory

Edit: You read it here first lol..

It's time you read it there (https://en.bitcoin.it/wiki/Block_chain) first.

[Buffer Overflow]

So as I see it, bitcoin does nothing BUT hash checks. Each block it hashes is stored in the blockchain.

So all we would need to do is simulate those hashes in an internal network, then use one of those pc's to BUY using external scource, ie, the shop., placing hashes found on an internal network to the external blockchain, which of course, knows nothing of the internal network, and dont care, since the hashes created by the internal network were confirmed by other pc's on the internal network which were just as 'legal' as the external.. Just another theory

Edit: You read it here first lol..

But the coins on your new chain won't be compatable with the real ones on the main chain. Also, once your internal chain connects to a genuine bitcoin node it will be overwritten. This is because the the chain with the longest highest difficulty wins.

[Harvey Specter]

Couldn't someone wealthy enough just buy out all the Bitcoins owned at the moment? it would be something like 2+ billion but the government certainly owns that amount and would probably be willing to destroy Bitcoin.

[DarkHyudrA]

Couldn't someone wealthy enough just buy out all the Bitcoins owned at the moment? it would be something like 2+ billion but the government certainly owns that amount and would probably be willing to destroy Bitcoin.

And who said that all the Bitcoins already generated are being sold by everyone?
"The government" can't even know who are all the people that has any amount of Bitcoins.

[Ayers]

Couldn't someone wealthy enough just buy out all the Bitcoins owned at the moment? it would be something like 2+ billion but the government certainly owns that amount and would probably be willing to destroy Bitcoin.

not everyoe is selling his bitcoin, whales also are holding, unless they are idiot who want to dump at current price which was pumped by themselves

[MoonTime]

I just know it's not possible or at least not easy to kill bitcoin.Even if  it's killed I am making sure I won't be bankrupted as the toll of money I spend on bitcoin is never ever anything more than that I could afford to loose.

[FuckItWhatever]

Its plain impossible to kill BTC.

[Decksperiment]

Regardless of whatever connection you make to the cloud, you still have to go through an ISP, get it?

You think the people who give us this computer hardware have'nt checked all possible combinations of key press's before even linux came out?

Wow..

And with the boxes in place, the laws are no longer required.. because governments are above their own laws.

Mysterious boxes lol.

Not every ISP will do this. Good luck seeing that implemented world wide.

Actually, this only requires at least one ISP in ANY country on ANY landmass to work, since the rest, being an integral part of the web, will probably go through said ISP one way or another.. In this department, I'd suggest reading up on deep packet inspection, which is how this IS done right now.. by 98% of ISP's.

2:

So then it occured to me..

Create a network of around 'x' amount of computers. Install bitcoin app and run as server.

Would this not create a 'new' blockchain, which can then be introduced into or OVER the origional one we currently use?

Um, no. You need to read up a little more.

LOL the OP is obviously a noob as he doesn't even know how the blockchain gets written and possibly overwritten.

"Just install bitcoin app and run as server and voila blockchain is overwritten"....lol

That one made my day right there...especially after his OP where he was so serious about his theory.

Possibly I'm a noob, but at what exactly? I guess no-one understands that bitcoin can be used in an internal network, kinda like a wrk's payment/club card scenario. Run as an internal networked application, creating an internal blockchain, see, this is how I would in fact get started, adding it to the external blockchain would be my problem right there.. thats just to start with. Who cares if the experts say different, I did'nt become a pen tester to agree with things that appear to be unchangable. I am here to destroy, then rebuild.. for only then will I learn not to destroy.

Been to Ediinburgh anyone? Bank Hotel, Royal Mile.. sitting arguing till I was blue in the face with two software dev's claiming that I could indeed take a legally activated broadband modem to ANY house and it will work. They denied this.

Please notice your quotes dude, they are incorrect, I did not say what you are quoting.. another misleader..

So as I see it, bitcoin does nothing BUT hash checks. Each block it hashes is stored in the blockchain.

So all we would need to do is simulate those hashes in an internal network, then use one of those pc's to BUY using external scource, ie, the shop., placing hashes found on an internal network to the external blockchain, which of course, knows nothing of the internal network, and dont care, since the hashes created by the internal network were confirmed by other pc's on the internal network which were just as 'legal' as the external.. Just another theory

Edit: You read it here first lol..

It's time you read it there (https://en.bitcoin.it/wiki/Block_chain) first.

I never click external links, I just like reading n writing my friend..

Imagine.. Gov switches off net. All sats.. all communication.. start agin time.. with a new network.. since the old blockchain is dead, a new one would be created. So many currencies using generaly the same loop..

I mean a distributed wifi network can exist away from this internet and with it's own blockchain. all it would take is one machine on one network to add the hash to the other.. dont be telling me this cannot be achieved..

It's simply a question of timing.

This can of course, only be done as long as mining is 'in progress', once the 21 coins are created, then it's script kiddie time lol

[itsAj]

Couldn't someone wealthy enough just buy out all the Bitcoins owned at the moment? it would be something like 2+ billion but the government certainly owns that amount and would probably be willing to destroy Bitcoin.

It would actually cost something closer to ~8 billion, but this would assume that the price would not rise in the process of this one person buying up all the bitcoin. Also the fact that additional BTC is being created via the block reward roughly every 10 minutes makes it essentially impossible to buy up all the bitcoin.

[webbrowser]

I don't understand the intent of this discussion.

Sure, it's possible to "kill bitcoin" by strangling network connections. You can also attack piracy and kill p2p by fundamentally changing how networks work. Does this seem plausible?

It's probably possible and much easier to move bitcoin to a seedy, underground marketplace by outlawing bitcoin, putting the squeeze on exchanges, etc.

[hhanh00]

I never click external links, I just like reading n writing my friend..

Nice way to put your head in the sand. Just ignore information even from the official bitcoin site and make up some
stuff instead.

Imagine.. Gov switches off net. All sats.. all communication.. start agin time.. with a new network.. since the old blockchain is dead, a new one would be created. So many currencies using generaly the same loop..

Gov switches off the internet? Hmmmm OK

I mean a distributed wifi network can exist away from this internet and with it's own blockchain. all it would take is one machine on one network to add the hash to the other.. dont be telling me this cannot be achieved..

Yes it can, but the main chain won't accept these blocks because they have lower difficulty.

This can of course, only be done as long as mining is 'in progress', once the 21 coins are created, then it's script kiddie time lol

You could do the same after every coin is mined - provided that you beat the rest of the network to it.

When it comes to killing bitcoin, the easiest way would be to go the Australian method. Put a 10% tax on bitcoin purchases because it's not a currency but goods. Or the NYC way by requiring a ton of paperwork to open a business in bitcoin.
Either way, the hassle and cost outweight any benefits

A more technical way would be to build a massive hashing facility with taxpayer money and generate 50% of the hashrate. I don't think you even need to go that far. If they get enough blocks to make mining non profitable for the guys who actually have to pay for electricity and hardware, they will drive them out of the business. Thus securing even a bigger share of the global hashing power.

[johny08]

Regardless of whatever connection you make to the cloud, you still have to go through an ISP, get it?

You think the people who give us this computer hardware have'nt checked all possible combinations of key press's before even linux came out?

Wow..

And with the boxes in place, the laws are no longer required.. because governments are above their own laws.

Mysterious boxes lol.

Not every ISP will do this. Good luck seeing that implemented world wide.

Actually, this only requires at least one ISP in ANY country on ANY landmass to work, since the rest, being an integral part of the web, will probably go through said ISP one way or another.. In this department, I'd suggest reading up on deep packet inspection, which is how this IS done right now.. by 98% of ISP's.

2:

So then it occured to me..

Create a network of around 'x' amount of computers. Install bitcoin app and run as server.

Would this not create a 'new' blockchain, which can then be introduced into or OVER the origional one we currently use?

Um, no. You need to read up a little more.

LOL the OP is obviously a noob as he doesn't even know how the blockchain gets written and possibly overwritten.

"Just install bitcoin app and run as server and voila blockchain is overwritten"....lol

That one made my day right there...especially after his OP where he was so serious about his theory.

Possibly I'm a noob, but at what exactly? I guess no-one understands that bitcoin can be used in an internal network, kinda like a wrk's payment/club card scenario. Run as an internal networked application, creating an internal blockchain, see, this is how I would in fact get started, adding it to the external blockchain would be my problem right there.. thats just to start with. Who cares if the experts say different, I did'nt become a pen tester to agree with things that appear to be unchangable. I am here to destroy, then rebuild.. for only then will I learn not to destroy.

Been to Ediinburgh anyone? Bank Hotel, Royal Mile.. sitting arguing till I was blue in the face with two software dev's claiming that I could indeed take a legally activated broadband modem to ANY house and it will work. They denied this.

Please notice your quotes dude, they are incorrect, I did not say what you are quoting.. another misleader..

So as I see it, bitcoin does nothing BUT hash checks. Each block it hashes is stored in the blockchain.

So all we would need to do is simulate those hashes in an internal network, then use one of those pc's to BUY using external scource, ie, the shop., placing hashes found on an internal network to the external blockchain, which of course, knows nothing of the internal network, and dont care, since the hashes created by the internal network were confirmed by other pc's on the internal network which were just as 'legal' as the external.. Just another theory

Edit: You read it here first lol..

It's time you read it there (https://en.bitcoin.it/wiki/Block_chain) first.

I never click external links, I just like reading n writing my friend..

Imagine.. Gov switches off net. All sats.. all communication.. start agin time.. with a new network.. since the old blockchain is dead, a new one would be created. So many currencies using generaly the same loop..

I mean a distributed wifi network can exist away from this internet and with it's own blockchain. all it would take is one machine on one network to add the hash to the other.. dont be telling me this cannot be achieved..

It's simply a question of timing.

This can of course, only be done as long as mining is 'in progress', once the 21 coins are created, then it's script kiddie time lol

As bitcoin is an internet currency, it can be shutdown, when you shut down the internet.

If you want to know how the internet can be shut down. You have to learn, not imagine. The wisdom is not in us. Drugs will not make you wiser, man.

[Cream]

I don't understand the intent of this discussion.

Sure, it's possible to "kill bitcoin" by strangling network connections. You can also attack piracy and kill p2p by fundamentally changing how networks work. Does this seem plausible?

It's probably possible and much easier to move bitcoin to a seedy, underground marketplace by outlawing bitcoin, putting the squeeze on exchanges, etc.

Strangling network connections isn't practical in my view. Moreover, taking btc underground will only reduce internet traffic to btc.

[webbrowser]

Strangling network connections is how I paraphrased the OP.  I don't think it makes sense either, except maybe for certain regimes.

If governments saw bitcoin as a threat, they might simply outlaw bitcoin or make the legal burden of exchanging bitcoin burdensome. It would be so much easier for governments to do, stifling acceptance and yet without being authoritarian.

Actually, my point is - wtf is the OP's point?

[slaveforanunnak1]

My interest in the internet is nothing more than testing my abilities as a penetration tester, with little or no knowledge of the victim. If you think you have thought of everything, I will create that which you never thought of.. just to prove it can be done.

I read how bitcoin is unstoppable.. wrong.

Everything required to intercept bitcoin payments is in place today, and almost worldwide. You can laugh now, but by the time this short post is finished you will realise the truth.. that bitcoin WILL fail, and not of it's own accord, but due to the fact that it is indeed a threat to any and all established currencies of the world, and hence a threat to those countries security.

Why better testers cant see this is beyond me.

First, create laws requiring interception of all traffic at the ISP level.

Second, lets give it a fictional name, like 'No Shitty Attacks' or NSA for short.

Place 'NSA Killbox' between ISP and the world. Switch to record mode.

This means A box between YOUR isp, and the rest of the world. Nothing you can do about this.

Linux users probably think they are cool and can bypass this.. no they cant. They think they can use TOR or some other ip spoofing method.. THIS is an illusion. Yeah it hides your ip from other end users, but YOUR isp has YOUR ip, period. Notice we are all given static ip's now? These are postcoded. Geo tagging is applied to ALL packets leaving YOUR pc at the ISP level, they can now decide where to send ALL packets using strict filtering rules.

When it's decided bitcoin is a threat to the security of any MAJOR country, they can force the isp to re-route p2p traffic to a dns dead end. At this point they can be clear and say, you want passed here, your paying for it.. This is how to tax bitcoin.

Or I could just look at the block chain for address's, write any address found there into my fresh wallet, and take all, using that dns redirect..

To all dodjy faucet owners.. lets see what your worth now that this is in print, it was implemented 4 years ago here where I live.. notice your new security? Made in Scotland.. go on, ask Richard.. B

Network engineer here,

what you said was just utter horse shit! But, thanks! I had a good laugh. Don't tell me you're NextGenHacker101??
https://www.youtube.com/watch?v=SXmv8quf_xM

Anyway, I do also have a concern with BTC and i brought this up earlier;

First off, I'd like to say I'm Pro-bitcoin. I've been mining since 2013 with around 230GH/s and I have a few bitcoins in an offline wallet. I've been telling everyone about it, wearing Bitcoin shirts to start conversations etc etc so, please don't yell at me and call me a bitcoin-hating troll for bringing this up. K? Ok.
Here is my fear for the future of crypto-currency; Yes, it's a bit nightmarish but hey, we have to watch out for Murphy right?
Lets say it's 2025. IPv6 has taken over everything. As you know I'm sure, IPv6 gets rid of NATs (mostly) since there are so many addresses, something like: 340,282,366,920,938,463,463,374,607,431,768,211,456 unique addresses and as we know Cisco is trying to IP EVERYTHING! From Trees in the forest to your boxer-briefs and there is enough IP space to do it.
Then comes I2RS and LISP. I2RS is an SDN type protocol which allows applications (nsa?!?!) to basically manipulate the routing table and the forwarding table w/o anyone. Right now, if you wan to black hole a route or something you, a human, has to manually login to the router, and start typing shit. soon, some third party software will be able to manipulate the routing/forwarding table on the fly. and LISP (not the programing language) is a technology that will allow you to take your IP address everywhere with you. As I'm sure you know, right now if you go to starbucks and get on the internet your public address is a NAT/PAT address that is owned by some provider and it's designated for that store and thats where your anonymity lives, no one is going to keep track of the nat table.  When you go home, you get a different public address and if you go to your buddies house and get on the tubes, well, then you get different public address etc etc. With LISP, you will be able to take your IP with you (sorta) That means one public IP can be assigned to you and you only and you will use it no matter if you're in Seattle or Tajikistan!
Here is the scary part! It's 2025. IPv6, LISP, I2RS, Bitcoin has taken over the intertubes. Bitcoin is now mainstream and the only people who use cash are the people who still have a flip phone. Then "we" "elect" a Rick Perry or a Dick Cheney type character and they pass laws! Bunch of laws thanks to some fucked up event!
Everyone MUST register the public Key with the FED (HAHAHAHAHAH, oh the irony) and any transactions placed with an unregistered Public Key is now considered a crime. One man , one SSN, one Public Key, one IPv6 Address! Totalitarianism wet dream! They will be able to track everything we buy and sell and I'm sure they are exempt, just like how congress is able to do insider trading with immunity.
Anyway, hope i'm wrong. Please knock some sense into me.
Thanks