Hello pals,
Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?
for 8 years they have been trying and failing.
Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?
the code!
it is a cryptocurrency and that means bitcoin uses cryptography to achieve that security. the cryptography that is being used in other places in the world too. and that makes it safe.
Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
what does this have anything to do with bitcoin security?
For the longest time, I have been wondering about how secure bitcoin really is. I have never imagined that it will be unhackable because of the code. Are codes unique and cannot be duplicated? What are the circumstances in your opinion will these codes to not be secured?
The third point, I understand. The point is can bitcoin track down users who use bitcoin for illegal transactions and actually shut them off bitcoin? I think this is part of security because it is how bitcoin protect other users as well.