Post
Topic
Board Bitcoin Discussion
Re: the blockchain will be hacked
by
anderson00673
on 26/07/2015, 22:36:41 UTC
Here is my take on it.  If I hack the blockchain, and do something nefarious (double spends, steal coins, or whatever), then the security flaw will be noticed pretty quickly.  So what happens?  I think that bitcoins quickly become worthless.  So there is no point to hack it, because there is no financial incentive.  This is why I think hackers are more likely to focus on hacking exchanges or individual's wallets in stead of trying to hack the blockchain itself.