Bitcoin cold storage - HACKED easily

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Topic: Bitcoin cold storage - HACKED easily (Read 12579 times)

russian_pete

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Re: Bitcoin cold storage - HACKED easily

January 27, 2016, 11:52:43 PM

#201

"Nevertheless, the possibility that one of the core cryptographic algorithms underpinning bitcoin could be cunningly compromised, allowing a thief to pick the lock of even the most secure addresses, presents a chilling scenario."

OMG

Isn't there any way around this flaw??

The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.

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1715683418

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Windpower

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Re: Bitcoin cold storage - HACKED easily

January 27, 2016, 11:57:25 PM

#202

Well what do you say is safer than cold storage? Oh yeah, put all your Bitcoins in an online wallet. This is just stupid.

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