Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin Hack Proof or Not?
by
2fresh
on 10/07/2018, 21:52:42 UTC
Nothing is hack-proof but BTC is so hack-resistant that it can be considered hack-proof for daily purposes. There of course is always a chance that new technology will scale computing power in one region so much that 51% will be possible (for example new type of computer that can main much faster but only one company has them)

51% attack is a real threat, I remember the moment when one pool had over 50% hash power of the whole but they were really careful about it, denied to accept new miners at that point

Bitmain is close to have the 51% and it can become a real issue

While not ideal bitmain isn't going to do anything.